One more thing to clear up. Why did you all invest in Xaurum? Because you believe in cryptocurrencies? The way I see it, there are 2 reasons people start investing in crypto: 1. They want to make money 2. They believe that cryptocurrencies will eventually replace fiat (normal) currenct.
I want both if I am honest. Has Xaurum made any step towards either of these 2? Is developing another project Gamma while your base product (Xaurum) is barely holding everything together?
I don't understand how you cannot see that Xaurum is losing value! If it is a cryptocurrency it should not be compared to dollar but to XAU/BTC ratio.
Calculate- Suppose you have 10.000 Xaurum you bought for 0.15 usd in April (total 1500 usd) and you sold them for BTC:
1. in mid-June XAU/BTC ratio was cca. 10.000 satoshis (0.0001 BTC)
10.000 XAU= 1BTC=2600 usd, a plus of 1100 usd
you HOLD 1BTC and you now in mid-November have almost 8000 usd!
2. you HOLD your XAU, sell it now in mid-november for BTC, XAU/BTC=2000 satoshis (0.00002 BTC)
10.000 XAU=0.2 BTC= 1500 usd, you made nothing!
Do you get my point? Xaurum is not increasing in value. Prove me otherwise and I will apologise for my stupidity.
You showed your stupidity because you didn't sell your xaurums and hodl btc. You had 5 months and You haven't sold??? You knew what will happen, right?
Do you get this or not, mr nostradamus? I would have millions today if i was hodl btc. We don't know what tomorrow will bring.
Nitja, for me you are one of the people who don't and apparently never will get my point. I never stated I knew what was going to happen, no one does. What I want to say is that you cannot state that Xaurum is holding a strong position and its value. Ask any crypto investor or trader what makes a cryptocurrency or asset (as you like to adress XAU) strong and valuable. It is common sense. The essence of my point was to show how investors are actually losing here not winning and that it seems like XAU team doesn't see the need to establish a communication. There have been many questions asked on how the price is going to increase if we need another mint. Somebody here said we are in a magical circle or a loophole if you want; low price=no mint, no mint=low price.
All I want is that Xaurum team finally responds and gives us some kind of proof that something is happening in the direction of further xaurum development. Whitepaper 2.0 just isn't enough, for me it's worth nothing.