Topic: [ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness - page 162. (Read 293232 times)

same

then i bought 1 mil more at 280

gonna buy 2 mil more when my btc get in

And I can explain why. If ziplibrary lowers the price of the feeshares, where does that leave everyone that already bought them at 20,000?  

I'm starting to think so too.
I'm holding but for the first time I wish one sharecoin less than 90 satoshi. Then, I'll prepare myself for the space  

Yeah...I exchanged the bulk of my free coins for 3 feeshares. Didn't hurt in the least.

Just joined up and cast my first vote. Nice!

WOW 

4 hours away from this thread and hell broke loose! LMAO

Took me 1/2 hour just to read through these last 4 pages, and then what do I get?

Lot's of crap/shitty posts = noise 
Much less respect than 4 pages ago = bad mojo 

For Sharecoin, Sharexcoin and ourselves, let's try to keep things relevant and interesting (some were, others not so) ... and keep some level of decency and overall respect to every poster, please.

To that end:

fsb4K does raise a relevant issue. That of network security when there's no distributed mining .
'cause if everybody leaves all their Sharecoins in the exchange to maximize the PoS revenue, then all the staking (read: PoS mining) is done within the exchange and its wallet 

Zippy, can you address this and explain how/why it may or may not be a problem? Thanks

358 Feeshares sold.

you guys just have to see the golden fruit in the forest.

what we have here is another pos copycat coin aalthough in this case it is more like a mix between mint coin and blackcoin.
pure pos proper distribution...... all good but been there done that.
exchange, shares instead of ipo, profit sharing, business model included.

so basically a benchmark where if price drops below 200 you can buy shares and recover losses, and speculation to drive the price up.
atm you can buy all the sharecoin for 300 BTC

opportunity is a knockin.
after the dip of profit mongers selling their coins
this is gonna be a rock solid coin

Why do you do this "Exchange interest: Keeping ShareCoin inside the exchange will let you earn interest on ShareCoin itself. The interest  is twice as much the ShareCoin's stake interest rate at that time. " ?
If keep the coins at the exchange will be more profitable than to keep them independently then  people will keep them at your exchange. But then active nodes  will be few. And the network will be susceptible to attacks. The network will be centralized 
Do not make a double interest rate!!! Let Sharecoin will be decentralized!!

Yes, won't be long now. Last guy on the list has 27 more hours to wait. Then FeeShares will start paying dividends.

Then 3 days after that (I assume he won't wait for sig changers for some reason one guy has a wait time of 2068 days, weird) the interest will start flowing and the FeeShare IPO (not sure what else to call it) will close until more Share is needed to pay interest/multipool. So, say by Thursday.

He already said he was doing that. 3 Days after all Share have been distributed. And the IPO will be closed at that time until the exchange needs more Share to continue paying interest/multipool.

How about keeping the FeeShare price at 20k ShareCoins but lowering the total amount of available FeeShares and lowering the extra exhange interest rate.

Did you notice that there are people willing to dump the ShareCoin at whatever price it is because it is free? There was a guy sold ShareCoin immediately when he received his ShareCoin from the initial distribution for 0.1 BTC, that's $40 for him out of nothing. And that's make him really happy. He didn't do anything at all for the community. So, do you think those people deserve a share of ShareXcoin? No.
The Free Redistributing of ShareCoin is there to make sure that everyone who own the FeeShare deserve it. It can not be given to those lazy bastard who just come for quick money.

An honest dev with a long term plan is such the opposite of what most people are used to in alt coins, everyone sees scam.

What a pity that our purpose is not to earn some quick buck, that's why I insisted many times that price won't change. From the very beginning, ShareCoin only purpose is to distribute FeeShare and let people earn 50% revenue from ShareXcoin, which is built by them. Too bad the coin became a pyramid scheme immediately. But sooner or later I believe it will get back to its real value and FeeShare will all be distributed free to people, and those people who own feeshare can enjoy their financial freedom .
P/S: I've just realized that i'm the only dev of a coin that doesn't want the price of that coin to rise )

Alex, last time...

The dev didn't SELL shares... he BOUGHT shares with the multi-poll BTC at 400, which was the Bid price at the time of the multipool distributions.

If anyone dumped them, it is the people that got the SHARE from their multipool mining.

That is another important thing. If you want to calculate how much is gonna give you the feeshare in the 10th day u r doing ur maths wrong. There is low volume and the exchange is new. There is new coins. What u expect? 10000 BTC volume now and earn inmediatly? If those feeshares still dont fill ur expectations keep minting, trading, spreading fud or just wait the volume to grow. Dumping and yelling "AHHH... I'm not getting ROI in 3 days if i BUY shares now so i dump! everyone dump!!" Come on..

ziplibrary, I am saddened by your reply to my last post (which I didn't even expect but as long as you did , thank you).
You highlighted my post but gave no answers to questions that seem to me very relevant to the very existence to sharecoin.
Multipool organization - weak point (by that I mean execution) yes multipool is there but I hardly can say that it serves its purpose.
New investors - what will make them want to hold sharecoins?
Trading BTC received from multipool the way you did is just unprofessional (to say the least) and unethical to dump at prices that are higher then what is at the market at that moment, and telegraphing to everyone who is market participant what your intentions are is plain ridiculous (you said you would support price at 400, while spread right before that declaration was 387 - 350 (roughly)).
Now in your would be reply you said that price is unexpectedly high (?).
So I sold my last 10k "expecting" of what you are expecting - which is lower price.
TBH, i find that you are guys very good ppl, but as they say "good felow is not a profession".

P.S. Will monitor pricing and rebuy later (if I still like direction of sharex team) and BTW if you are so community oriented, why FEESHARES? Why not let everyone who holds
sharecoins to have 50% of what you get from sharex? I mean did you actually gave it a thought? Why support only those members of community who has problem with basic math (understanding ROI)? Why not just give 50% staked in wallets money?, that would in itself would shoot the price of sharecoin quite high (I would expect it to), instead you are just stomping your feet and saying 20k for FEESHARE IT IS and fighting bad publicity that surrounds this issue.

I'm speculating on both sides. I bought @ 100k Share and I got 3 free (my stake) FeeShares. In total an $100ish risk. If it doesn't work out, oh well, I've spent more on a crappy dinner. But there is a huge upside. Calculating the return of a FeeShare based on the revenue from it's 10th day is a little short sighted. It doesn't take into consideration growth of the exchange, the gamin site, growth of Bitcoin, etc.

The true purpose of ShareCoin is to distribute FeeShare to community, but if holding ShareCoin is more profitable than holding FeeShare, you guys can just hold your ShareCoin, nobody is forcing you to do anything. But the distribution method of FeeShare will never change. It can only be purchased by ShareCoin until 50% of the FeeShare are sold.