ok i get this
but if this is a so nice concept why price is not yet 100k?
the system with more gold and minting means that price of xaur can't dump becouse of rebuying it so the price could get high like ETH or LTC?
why is that no?
becouse of no marketing or no poloniex included?
but if this is a so nice concept why price is not yet 100k?
the system with more gold and minting means that price of xaur can't dump becouse of rebuying it so the price could get high like ETH or LTC?
why is that no?
becouse of no marketing or no poloniex included?
Why the price is not yet 100k? Because the price of xaur reflects the value of gold behind each xaurum. And so far the project is still very young, so there's not enough gold in behind each xaurum to support the price of 100k.
If xaurum developers would use all the money they used to buy gold to pump air, now the price of the coin would be much much higher.
But this is not the point...the point here is to give to people a stable, profitable and safe investment. Is this understandable now?
i understand now thanks
but i still don't understand why trading is not matter? Every good coin need a lot investors with high trading volume to the adoption of coin is widely
i don't need price of 100k i'm just sayin that all coins are sold about 10k 11k price then it's so difficult in future for trading and price rise a lot...
or just owners matters that they can cashing out btc's and grow gold base...
Why there's small trading volume? Because people who bought xaurum and understand the concept, they know that the price will go up with each new investment. They know that with every mint, the price of xaurum will be higher and higher, because there will be more gold behind.
So if people know this...than they are not ready to sell it. Why would they do it, if next week, next month, next year...the price will be higher? They will do it, only if they really need the money immediately for something else. So this is the reason why there's such a small trading volume - because very few people want to sell their xaurums.