Actually, people are not selling everything for vacation. I also trully dont believe that new mint is coming anytime soon - until bitcoin price is falling, that will probably not happen. And because of this I also believe that the price of XAUR will fall even more. As for all other coins also.
The reason for this dump in recent days is bitcoin hard fork. It is coming at the end of the month. So, people are selling everything as a precaution. No one knows what will happen, it could simply go all to hell. We could be running to disaster.
That is the reason why I am also selling everything. I made a huge profit till now in cryptoworld, but I am willing to loose something now than everyting at August 1st.
The bitcoin instability is probably the reason for Gamma delay. That is just my opinion.
Be prepared and fasten your seatbelts!
https://www.bloomberg.com/news/articles/2017-07-10/bitcoin-risks-splintering-as-civil-war-enters-critical-monthMaybe you're right about bitcoin hard fork. But I am not concerned about xaurum price. If it drops to 6cents I will be buying it like hell. Becouse when next wave of crypto adoption will came... my golden price will raice to 8 cents or more.
So I really don't worry about cryptos since xaurum can run on anykind of technology. Even there comes new technology, better then blockchain, Xaurum simply moves to new tech, but gold stays the same!.