[ANN][EXCHANGE] ShareXcoin.com - Sharing its revenue to the community - page 15.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: iopq on May 20, 2014, 08:37:52 PM

Am I right that it's actually way more profitable to keep sharecoins in the exchange to receive 60% interest on 20k sharecoins (12k after a year) than to buy a feeshare and receive only 30% interest (6k after a year) and BTC payments (only maybe 0.0002 BTC or so?)

I just did the math and 6k sharecoins is more than 0.0002 BTC (it's 0.01386 now for 6k sharecoins) that you'll receive in a year

this is a 60x difference, you'd need more like 1800 BTC daily volume to justify owning feeshares

What revenue are you using the calculate that? The current revenue? With a new alt-coin being added to the exchange every day the volume will increase very quickly. ESpessially if we get some exclusives or some hot new coins on the exchange first.

iopq

hero member

Activity: 658

Merit: 500

Am I right that it's actually way more profitable to keep sharecoins in the exchange to receive 60% interest on 20k sharecoins (12k after a year) than to buy a feeshare and receive only 30% interest (6k after a year) and BTC payments (only maybe 0.0002 BTC or so?)

I just did the math and 6k sharecoins is more than 0.0002 BTC (it's 0.01386 now for 6k sharecoins) that you'll receive in a year

this is a 60x difference, you'd need more like 1800 BTC daily volume to justify owning feeshares

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: jonesT on May 19, 2014, 07:22:34 PM

Quote from: jonesT on May 19, 2014, 07:11:37 PM

Saturday, I bought feeshares and interest was 1000 each.

Now, I found this interest dropped to just 500. What happened?

Quote

The correct amount is 500 for each FeeShare not 1,000. Because the interest rate is 5% per month. The 1,000 showed few days ago is just a display bug.

1 feeshare=20.000 sharecoins

5% of 1 feeshare=1000 sharecoins,

not just 500...

30% per year is 2.5% per month.

20,000 * .3 = 6000 / 12 = 500

ziplibrary

member

Activity: 70

Merit: 10

Quote from: jonesT on May 19, 2014, 07:22:34 PM

Quote from: jonesT on May 19, 2014, 07:11:37 PM

Saturday, I bought feeshares and interest was 1000 each.

Now, I found this interest dropped to just 500. What happened?

Quote

The correct amount is 500 for each FeeShare not 1,000. Because the interest rate is 5% per month. The 1,000 showed few days ago is just a display bug.

1 feeshare=20.000 sharecoins

5% of 1 feeshare=1000 sharecoins,

not just 500...

FeeShare interest is 30% per year, ShareCoin interest is 60% per year. Everything is written here: https://sharexcoin.com/interests/about
So interest for FeeShare is 2.5% per month not 5%. It was a typo, sorry.

jonesT

sr. member

Activity: 336

Merit: 250

Quote from: jonesT on May 19, 2014, 07:11:37 PM

Saturday, I bought feeshares and interest was 1000 each.

Now, I found this interest dropped to just 500. What happened?

Quote

The correct amount is 500 for each FeeShare not 1,000. Because the interest rate is 5% per month. The 1,000 showed few days ago is just a display bug.

1 feeshare=20.000 sharecoins

5% of 1 feeshare=1000 sharecoins,

not just 500...

ziplibrary

member

Activity: 70

Merit: 10

Quote from: PilotofBTC on May 19, 2014, 01:27:39 PM

Zip...

I noticed which the orderbook and trade history seem to live update, the Volume/Last/High/Low don't seem to. Also, it would be nice to see the current Bid/Ask at the top along with Last.

thanks..

The bid/ask price is live updated in the buy/sell form already. They are Highest Buy Price and Lowest Sell Price next to your balance.
The left side bar will be updated with new feature along with the live updating. We are already working on it.

Quote from: jonesT on May 19, 2014, 07:11:37 PM

Saturday, I bought feeshares and interest was 1000 each.

Now, I found this interest dropped to just 500. What happened?

The correct amount is 500 for each FeeShare not 1,000. Because the interest rate is 2.5% per month. The 1,000 showed few days ago is just a display bug.

jonesT

sr. member

Activity: 336

Merit: 250

Saturday, I bought feeshares and interest was 1000 each.

Now, I found this interest dropped to just 500. What happened?

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Zip...

I noticed which the orderbook and trade history seem to live update, the Volume/Last/High/Low don't seem to. Also, it would be nice to see the current Bid/Ask at the top along with Last.

thanks..

PilotofBTC

legendary

Activity: 1736

Merit: 1001

I tried to add NXT to the vote list, but it won't seem to take it. Their source is on bitbucket not GitHub.

lzr1900

sr. member

Activity: 448

Merit: 250

This exchange is very awesome!

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: Flunder707 on May 18, 2014, 09:27:05 PM

Please add California Coin.

We have a brand new wallet and new features that we've released.

The community demands it!

Go add it to the voting page. https://sharexcoin.com/votings

Flunder707

sr. member

Activity: 455

Merit: 250

Please add California Coin.

We have a brand new wallet and new features that we've released.

The community demands it!

salsacz

hero member

Activity: 490

Merit: 504

Quote from: ziplibrary on May 18, 2014, 09:07:00 PM

Quote from: freigeist on May 18, 2014, 05:56:42 AM

NXT
- pure POS coin.
- released last december
- source code in: java
- already traded on exchanges
- thread: https://bitcointalk.org/index.php?topic=587007.0;topicseen

Nice suggestion. I'll look into those coins

for Nxt you can use instructions:
http://wiki.nxtcrypto.org/wiki/For_Programmers
http://wiki.nxtcrypto.org/wiki/Automate_Nxt_for_your_website

ziplibrary

member

Activity: 70

Merit: 10

You can now vote for new coins here: https://sharexcoin.com/votings
You can also submit new coins to the voting list by yourself. Fill in all the required informations, after going through an automated verification progress, the coin will be added to the voting list.
We add one new coin every 24 hours.

ziplibrary

member

Activity: 70

Merit: 10

Quote from: freigeist on May 18, 2014, 05:56:42 AM

Hello dev.

I think you should look how to add "2nd gen" coins
to the exchange as there is or there will be big interest in
trading when the coins are released.

I know that adding this coins could be harder as they usually have a different
source code base because they are not just bitcoin or peercoin clones or forks
but i also think adding them could give better reward.

Some of those coins that I suggest for now are:

NXT
- pure POS coin.
- released last december
- source code in: java
- already traded on exchanges
- thread: https://bitcointalk.org/index.php?topic=587007.0;topicseen

QORA
- pure POS coin.
- released May 16 2014
- source code in: java + (native code libraries in c)
- non traded on any exchange yet because is new
- thread: https://bitcointalksearch.org/topic/ann-qora-released-16-may-100-pos-new-source-522102

EXO-coin
- will be pure POS coin after POW mining (pow will be used for distribution phase 6 months)
- not released yet (in open beta testing)
- source code in: c++
- non traded on any exchange yet cos is not released yet
- thread: https://bitcointalksearch.org/topic/pospow-exocoin-exo-gen-20-dev-from-scratch-give-away-open-beta-430467

Thanks for you hard work.

Nice suggestion. I'll look into those coins

voanquan

member

Activity: 150

Merit: 10

Please add FootballCoin(FBC)

freigeist

hero member

Activity: 1110

Merit: 534

Hello dev.

I think you should look how to add "2nd gen" coins
to the exchange as there is or there will be big interest in
trading when the coins are released.

I know that adding this coins could be harder as they usually have a different
source code base because they are not just bitcoin or peercoin clones or forks
but i also think adding them could give better reward.

Some of those coins that I suggest for now are:

NXT
- pure POS coin.
- released last december
- source code in: java
- already traded on exchanges
- thread: https://bitcointalk.org/index.php?topic=587007.0;topicseen

QORA
- pure POS coin.
- released May 16 2014
- source code in: java + (native code libraries in c)
- non traded on any exchange yet because is new
- thread: https://bitcointalksearch.org/topic/ann-qora-released-16-may-100-pos-new-source-522102

EXO-coin
- will be pure POS coin after POW mining (pow will be used for distribution phase 6 months)
- not released yet (in open beta testing)
- source code in: c++
- non traded on any exchange yet cos is not released yet
- thread: https://bitcointalksearch.org/topic/pospow-exocoin-exo-gen-20-dev-from-scratch-give-away-open-beta-430467

Thanks for you hard work.

poon4

sr. member

Activity: 322

Merit: 250

please add SMURFS,thank you

foob6

sr. member

Activity: 322

Merit: 250

a good exchange,i think is next mintpal

Ingatqhvq

hero member

Activity: 532

Merit: 500

Hi,
can you list qora in your exchange?

Quote from: qora on March 19, 2014, 08:46:04 AM

Qora is a new crypto-currency designed from the ground up to solve Bitcoin’s biggest problems while also adding new promising features. Qora is being built from scratch and will not rely on any other crypto-currency. Qora uses a new proof-of-stake algorithm making it future-proof.

Qora is being developed in Java and relies on native C libraries to perform the most CPU intensive tasks.

Current name might still be changed.

Topic: [ANN][EXCHANGE] ShareXcoin.com - Sharing its revenue to the community - page 15. (Read 52729 times)