The graph "Total amount of gold" indicate a prediction of 200kg in May, about 3-4 month away. But your current base is only 120kg, and have been so for 1,5 month. If i am correct, the gold per token can only increase after a new mint, and a mint can only happend if the price increase. How much does it need to increase until a new mint is possible, 100%+ ?
I really like this project, but it also sounds to good to be true. Ponzi ?
I really like this project, but it also sounds to good to be true. Ponzi ?
You wrote: "...and a mint can only happend if the price increase."
This is not correct, the mint can happen regardless on the price. Maximum 30% of money will go to market buy the rest for new gold. New mints will happen as soon as new "payment ways" for Brazil and Australia will come to life.
I think the team will not wait anymore for the price to increase.
with their spread when buying gold, of course minting is to expensive...
Xaur team - maybe you should learn from this graph - this is how I believe Xaur should be acting when market is volatile...
maybe you shudln't concentrate so much on MLM (which I guess is profitable only for you and not token holders) but on smart PR and opening new exchanges
New, exchanges, pr and how will we get new gold for the commonwealth?Any idea?IF you watched tv yesterday you could see xaurum they also said that xaurum can be purchased on 300 Petrol stations in Slovenia.