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Topic: [ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness - page 145. (Read 293232 times)

newbie
Activity: 54
Merit: 0
Guys, I'm not against the community. If holding ShareCoin would be more profitable for you guys, just do it. I don't force you to buy FeeShare or want to say any bad thing about ShareCoin. I was just pointing out the truth about Crypto Currencies.
But guys, rememeber: The relationship between ShareCoin and FeeShare will stay the same no matter what, FeeShare can only be purchased by ShareCoin and price between FeeShare/ShareCoin will never change even if ShareCoin only worth 1 satoshi or worth nothing at all. The good thing is: nobody will be left holding something that has no value, which happened to a lot of coins lately.

sr. member
Activity: 268
Merit: 250
love is first
Ok,
All of  the coins are almost paid out: 0 days 0 hours left   for the last person.
72 hours from now FeeShare and ShareCoin will start paying interest. Also FeeShare/BTC market will be opened
You said FeeShare can only be bought by ShareCoin, then FeeShare can be bought by BTC?
member
Activity: 93
Merit: 10
Please give a rational argument to back up how a dev that gave away all the coins as well as giving away all the profits of fee share is killing the coin and exchange.

To be honest, I don't want to spread FUD. I am a rational man.
100,000 fee shares exist.
Suppose each fee share worth 0.05 btc, that corresponds to a market cap of 5000 btc
Look at cryptomarket cap. This makes feeshare to the top 20, between #18 and #19.

How much trade does it require to make 5000 btc by an exchange?

With trading fee of 0.1%, we need 5,000,000 btc trading, suppose we have the volume of 500 btc, we need 10,000 days, more than 25 years (a optimistic estimation, because there are so many exchange sites, sharex may only get 100 btc volume for a while, another concern is few exchange can exist for a long time, see Gox and coinex).

Input/return is too small for such an investment.

By the way, IMHO, making feeshare/Btc market is not a good idea for an exchange site at an age of only 1 week (Ponzi?).
Focus on how to improve the exchange, promote the sharecoin is the importance.

quite rational analysis
full member
Activity: 123
Merit: 100
123
To be honest, if this drama continues, both SHARECOIN and SHARE EXCHANGE WILL DIE.
Community members are not idiots.  i feel sad about Sharecoin,
IMHO, Zip, please think through the situation.
What you have done now is just like a unreasonable dictator, however, the community can say no to you by jumping out of the sinking ship.

Yes, the dev is killing sharecoin ,then feeshare will die along with it.
One stone killing two birds,LOL, what dev had said in OP.
But the dev do not think so.What a pity.

PS :Maybe also the sharexcoin, killing three birds, awsome.
The team operation not ah
full member
Activity: 123
Merit: 100
123
full member
Activity: 123
Merit: 100
123
Any coin with sincere dev and perfect plan will go to the places.

good luck.
newbie
Activity: 28
Merit: 0
Another cheat coins from China.
newbie
Activity: 54
Merit: 0
Please give a rational argument to back up how a dev that gave away all the coins as well as giving away all the profits of fee share is killing the coin and exchange.

To be honest, I don't want to spread FUD. I am a rational man.
100,000 fee shares exist.
Suppose each fee share worth 0.05 btc, that corresponds to a market cap of 5000 btc
Look at cryptomarket cap. This makes feeshare to the top 20, between #18 and #19.

How much trade does it require to make 5000 btc by an exchange?

With trading fee of 0.1%, we need 5,000,000 btc trading, suppose we have the volume of 500 btc, we need 10,000 days, more than 25 years (a optimistic estimation, because there are so many exchange sites, sharex may only get 100 btc volume for a while, another concern is few exchange can exist for a long time, see Gox and coinex).

Input/return is too small for such an investment.
Dev didn't want to admit this situation.
He thought his exchange is the best exchange in the world.
Wake up,idiot.
full member
Activity: 182
Merit: 100
Please give a rational argument to back up how a dev that gave away all the coins as well as giving away all the profits of fee share is killing the coin and exchange.

To be honest, I don't want to spread FUD. I am a rational man.
100,000 fee shares exist.
Suppose each fee share worth 0.05 btc, that corresponds to a market cap of 5000 btc
Look at cryptomarket cap. This makes feeshare to the top 20, between #18 and #19.

How much trade does it require to make 5000 btc by an exchange?

With trading fee of 0.1%, we need 5,000,000 btc trading, suppose we have the volume of 500 btc, we need 10,000 days, more than 25 years (a optimistic estimation, because there are so many exchange sites, sharex may only get 100 btc volume for a while, another concern is few exchange can exist for a long time, see Gox and coinex).

Input/return is too small for such an investment.

By the way, IMHO, making feeshare/Btc market is not a good idea for an exchange site at an age of only 1 week (Ponzi?).
Focus on how to improve the exchange, promote the sharecoin is the importance.
full member
Activity: 123
Merit: 100
123
I'll stop showing my sadness here, it's useless, and no good to sharecoin.
But I strongly suggest dev to consider promoting sharecoin along with sharexcoin,not just a tool to distribute feeshare.

I support your argument
hero member
Activity: 1792
Merit: 513
<3 DeepOnion
so many dumping now, if sharecoin can't on a big exchange, the price can not go up.
sharecoin its vry good coin and price will go up anyway)
full member
Activity: 147
Merit: 100
so many dumping now, if sharecoin can't on a big exchange, the price can not go up.
sr. member
Activity: 308
Merit: 250
I'll stop showing my sadness here, it's useless, and no good to sharecoin.
But I strongly suggest dev to consider promoting sharecoin along with sharexcoin,not just a tool to distribute feeshare.
legendary
Activity: 1736
Merit: 1001
This is already in the OP, but looks like many of you missed it or intentionally ignored it: https://sharexcoin.com/fee_shares/about
Before making any argument. Try to understand the system first.
Basically, ShareCoin generated from FeeShare will go straight back to the ShareCoin holders through the Exchange interest rate. I explained this multiple times in the thread already.

except for the sharecoins you are selling at whatever price you feel is fair to the multipool?
I'm sending ShareCoin to multipool at a fixed market price at the time of buying using ShareCoin generated from FeeShare, then I place an order at that exact same price with all the bitcoins. Instead of just buying up all sell orders, this will bring more ShareCoin for the multipool's miner so I don't see how can it be unfair for them?

may have misunderstood.

how are you deciding the fixed market price?
are you buying at the current market price, or just something you feel is proper price?
I'm placing a buy order at the current bid rise, of course will skip the small amount bids .
You once said you think sharecoin is extremely high,but you still use the multipool money to buy the sharecoin at 400 satos.what do you say?
you make me become a fucking bagholders,fuck you idiots.

The multipool does NOT buy at 400. It buys at the current market bid.
newbie
Activity: 54
Merit: 0
This is already in the OP, but looks like many of you missed it or intentionally ignored it: https://sharexcoin.com/fee_shares/about
Before making any argument. Try to understand the system first.
Basically, ShareCoin generated from FeeShare will go straight back to the ShareCoin holders through the Exchange interest rate. I explained this multiple times in the thread already.

except for the sharecoins you are selling at whatever price you feel is fair to the multipool?
I'm sending ShareCoin to multipool at a fixed market price at the time of buying using ShareCoin generated from FeeShare, then I place an order at that exact same price with all the bitcoins. Instead of just buying up all sell orders, this will bring more ShareCoin for the multipool's miner so I don't see how can it be unfair for them?

may have misunderstood.

how are you deciding the fixed market price?
are you buying at the current market price, or just something you feel is proper price?
I'm placing a buy order at the current bid rise, of course will skip the small amount bids .
You once said you think sharecoin is extremely high,but you still use the multipool money to buy the sharecoin at 400 satos.what do you say?
you make me become a fucking bagholders,fuck you idiots.
full member
Activity: 162
Merit: 100
hehe
24小时总交易量23.74个,sharecoin 14.92个,62.8%的交易量都是sharecoin贡献的,你竟然还说要搞死sharecoin,草泥马的。

Glad to say a Chinese supporter here, but would you please be polite?thanks.

兄弟,干得好, Grin不要管我上面那句屁话。

币已发完,老夫夜观星象掐指一算,离1万聪不远矣 Wink
newbie
Activity: 54
Merit: 0
What causes low price fast sharecoin.
Dev fucked up. Angry
Why even coffeecoin was added on Bittrex,but we can't.
newbie
Activity: 38
Merit: 0
What causes low price fast sharecoin.
full member
Activity: 160
Merit: 100
legendary
Activity: 1582
Merit: 1001
The more I look at the business model the more I see the brilliance behind it...

You guys are probably just mad that a bunch of coins that were given to you didn't make you rich overnight
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