Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xaurum [XAUR]
by
Golden_Node
on 28/02/2018, 16:11:01 UTC
Quote
Xaurum is uniquely special because it proposes solutions to the problems of different types of money. It solves the problem of the gold standard currencies, by creating an elastic gold based currency, in the way that its price depends both on demand and the value of gold reserves. So even if we would like to affect the market price in the way some of you imagine we should do, it is impossible. The same goes for some of the most prominent cryptocurenncies in the world. Let us compare price of some coins/tokens that they have today with their highest price on the market they ever had:

BTC 19.900 to 10.000 / split by 2

ETH 1400 to 820 / split by 1,7

XRP 3,80 to 0,94 / split by 4

BCH 4000 to 1200 / split by 3,3

LTC 460 to 200 / split by 2,3

ADA 1,32 to 0,33 / split by 4

VIB 0,71 to 0,22 / split by 3,2

ICN 5,26 to 1,30 / split by 4

CFI 0,43 to 0,096 / split by 4,4

IPL 0,42 to 0,12 / split by 3,5

SNC 0,63 to 0,22 / split by 2,8

QAU 0,53 to 0,22 / split by 2,4

SPF 0,73 to 0,23 / split by 3,2

DTR 0,23 to 0,084 / split by  2,7

XAUR 0,28 to 0,12 split by 2,3 (market price)
XAUR 0,31 to 0,12 split by 2,6 (production price)

As you can see everyone was hit by situation on the market, Xaurum was no exception, however we are proud that in the recent market correction Xaurum was one of the most stable coins.

This is some kind of math, but look at it from my point of view: I purchased Xaurum in May 2017 for 19c (EUR) per token. At that time USD EUR ratio was 1 EUR = 1.11 USD. In the beginning of December I sold everything  for 24c USD per token. At that time I was able to do it on Bittrex, now Xaurum is tradable only on exchanges with bad reputation and there is no volume. EUR USD ratio at that time was 1 EUR = 1,20 USD. That means I made approximately 4% on my purchase and I was on of the lucky one who realised that soon enough that this token has to be sold. I changed Xaurum's for Bitcoin and waited for a few days. After that I changed it for ETH and moved it from Bittrex to Binance. There I bought some altcoins. I made 5x from the beginning of December till January the 8th. After that I lost 60% of that 5x, but that was still 40% of 5x. If I hadn't sold my Xaurum tokens I would now have 45% of 1x and If I bought something else instead of Xaurum last year I will have much much more today. And Mr. Ristic forgot that currencies and token mentioned above increased a lot in value from May to December while Xaurum was losing in value at that time. After January the 8th all coins and tokens lost in value (Walton is one exception that didn't), but you can not compare Xaurum to them, because it was losing value from June or July 2017. So I won't be proud od that, that Xaurum was stable during market correction. It was so low that it could hardly go any lower (meanwhile other coins and tokens were at least able to go low). I hope you see the difference.

Hello!

Yes, that is a way to interpret see the data, but you were able to sell Xaurum at the highest market price numerous times even after June, when you said it started to lose value… I didn’t forget that many other coins were dramatically hyped and pumped in the last months of 2017. And then dumped in the same way. Let me quote myself from the last post: “I am aware that people don’t purchase XAUR because they think the team is nice, but because they want to enrich their money. I also understand that people can be mad and angry if their expectations are not met, especially if they were watching crypto exploding in the last quarter of 2017 and felt that Xaurum should be exploding the way other did. But as it clear for many people now, it was mostly just fake hype and millions paid the price just a month, two or three later. Xaurum will never be based on fake hype, because we found the best base already. Gold.”

And on the market every token can go to 0. That is how low they can go, but Xaurum is one of the rarest examples that offers another exist strategy – gold. No matter the market price, Xaurum has value – real value and that it why it was stable during the crypto correction period, and we are definitely proud of it.

And one more thing, Xaurum never lost its value. Xaurum value is constantly increasing, since there is more gold behind every token with every transaction or every mint. Price is something people must agree on, value on the other hand is something that is undeniable. I hope you can see the difference too ;-)

Have a great day.

Jure Ristic