Quote from: 0-kelvin on March 13, 2018, 07:46:44 AM

Question for the team:
Based on your data, many foreign markets (Brazil, Australia, Portugal, Poland, Canada, ... Bitins, ...) have opened (or are in start phase), and that most of the XAUR are currently sold through agents with market price (I understand that XAUR are buyed directly from exchange - so ther could not be more "GOLD" with this strategy), how do you interpret such a low daily trading (beside the low price)?
Is it a reflection of poor sales?

Quote from: ceca on March 13, 2018, 02:57:14 PM

Quote from: XaurumQA on March 13, 2018, 12:55:41 PM

Quote from: notaminerin on March 13, 2018, 09:37:27 AM

https://imgur.com/4YUHePY.png

Please explain, how is the price on the market more than halved compared to the projected price? Does that mean that we cannot expect anything you projected?
And you have said that bittrex delisting will not influence on anything? How is the 24h volume on all exchanges only 15k $ then? That is less than two(2) bitcoins!

Thank you for your question. Then graph you mention is visualisation a viable scenario, an assumption or projection, not a prediction. At the time when graph was published price was 0,20 USD. Unfortunately we cant predict the market price (no one can), we can just assume how the market will reacted to increased amount of gold. At this amount of gold, when each XAUR has 0,06-0,07 USD value in gold market price ranged from 0,09 to 0,34 cents, 0,20 is in the middle. With growth the value in gold will increase and consequently this increase will affect the market price.

Ok my question is:isnt´t point of xaurum to have mints?what is your strategy to do mints?IN situation that is happening now we can wait for months, years for price to reach production price, or how will market price go close to pp?

Hello!

As you know, Xaurum has two different prices and of course the value in gold. One price is market price and second is production price. When there is a huge gap between market and production price it is impossible to sell XAUR for 0,315 USD if people can get it for half less or even more on the exchanges.

If there are no XAUR sold at the production price, there can be no mints. When the price rose higher at the beginning of the summer of 2017 we encountered huge sell pressure on the market from people who bought XAUR at the beginning of the project because they already made great profits, at the same time the negative campaign on forums got new worst dimension and the gap between production price and market price become to big.

In order to close this gap we decided to enable our clients to get XAUR at the market price via market orders. When client bought XAUR via market order, we exchanged their FIAT to BTC (not gold) and buy XAUR from the market for them. At the same time we were opening new markets abroad. We were successful on both parts. Via market orders Masternode team sold more than 35. 000.000 XAUR (roughly 5.000.000 EUR), the price was rising and actually even hit the production price few times. While we were still listed on Bittrex trading volume has gone up immensely, we were on the way to change sell pressure into buy pressure.

We hit the obstacle with Bittrex and US regulatory changes, the problems with money transfers from other continents to Europe didnt help us either. So we have worked even harder to overcome this obstacles, luckily XAUR doesnt have constant inflation, so we believe that we managed to pull trough and sell orders are running out, which is also shown in lower daily trading volume.

We estimate that approximately 90% of people who wanted to sell XAUR already did that. On the other hand we are just on the verge of opening new payment gateways that will enable constant money flow from abroad. The amount of this fresh funds will be bigger than the one of sell orders, which will finally close the gap, and enable us to sell XAUR at the production price and consequently start minting.

Unfortunately we dont have a magic wand for mints to happen, that is why we have to rely on the hard work. It is what we do best and I must point out that abroad and among our business associates atmosphere regarding the project is amazing.