[ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness - page 167.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: SlientBit on May 10, 2014, 11:45:35 AM

Quote from: JeffK on May 10, 2014, 11:39:15 AM

I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange.

Yes, that trumps the initial math and allows for, eventually, all the feeshares to be sold, all right ... but, so far, no redistribution has taken place to miners and no PoS in Exchange either Undecided

That's half correct. The first distribution from the multipool took place a few days ago and a buy order was placed on the exchange for the equivalent amount of Bitcoin.

F35plane

newbie

Activity: 28

Merit: 0

Quote from: testadimerlo on May 10, 2014, 11:35:11 AM

Guys, I have a very newbie question, I'm sorry but I don't understand this:

there are 50.000 feeshares for the community
each share costs 20.000 sharecoins
50.000 * 20.000= 1000.000.000

Now

If the total Sharecoin's amount is only 100 millions, please can someone explain me how is it possible to sell 50.000 feeshares for a total amount of 1 billion?
Really, I think to have a badly confidence with mathematic Huh

It's 5,000 feeshares for inicial sell.
Check it out here https://sharexcoin.com/fee_shares/about

5% (5,000 FEEs) are sold to the publish on May 10, 2014 when ShareXcoin first launched.
45% (45,000 FEEs) will be sold periodly to the public.
50% of the FEEs will never be sold. They belong to ShareXcoin.

Quote from: ziplibrary on May 08, 2014, 11:54:52 AM

Quote from: JeffK on May 08, 2014, 11:37:41 AM

If I send my SHARE to the exchange now I will start staking at 60% rate or it didn't start yet?

Not yet, staking will start when the initial FeeShare sale closed and will stop when no ShareCoin is left in the exchange's wallet.
And FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner, and stop when no ShareCoin left, and the FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner and will stop when no ShareCoin left and will open again,etc..... this keep on going until 50,000 FeeShare are distributed to the community.

SlientBit

sr. member

Activity: 294

Merit: 250

Quote from: JeffK on May 10, 2014, 11:39:15 AM

I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange.

Yes, that trumps the initial math and allows for, eventually, all the feeshares to be sold, all right ... but, so far, no redistribution has taken place to miners and no PoS in Exchange either Undecided

testadimerlo

sr. member

Activity: 826

Merit: 263

Quote from: JeffK on May 10, 2014, 11:39:15 AM

Quote from: testadimerlo on May 10, 2014, 11:35:11 AM

Guys, I have a very newbie question, I'm sorry but I don't understand this:

there are 50.000 feeshares for the community
each share costs 20.000 sharecoins
50.000 * 20.000= 1000.000.000

Now

If the total Sharecoin's amount is only 100 millions, please can someone explain me how is it possible to sell 50.000 feeshares for a total amount of 1 billion?
Really, I think to have a badly confidence with mathematic Huh

I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange.

Ah ok
thanks for the quickly reply Wink

JeffK

sr. member

Activity: 350

Merit: 250

I never hashed for this...

Quote from: testadimerlo on May 10, 2014, 11:35:11 AM

Guys, I have a very newbie question, I'm sorry but I don't understand this:

there are 50.000 feeshares for the community
each share costs 20.000 sharecoins
50.000 * 20.000= 1000.000.000

Now

If the total Sharecoin's amount is only 100 millions, please can someone explain me how is it possible to sell 50.000 feeshares for a total amount of 1 billion?
Really, I think to have a badly confidence with mathematic Huh

I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange.

platorin

sr. member

Activity: 392

Merit: 250

Mates, take a look at this: https://bitcointalksearch.org/topic/anntscthesmurfscoin-we-are-on-coindeskchange-code3wallet-updatebittrex-603519 - what a rip off from sharecoin!

testadimerlo

sr. member

Activity: 826

Merit: 263

Guys, I have a very newbie question, I'm sorry but I don't understand this:

there are 50.000 feeshares for the community
each share costs 20.000 sharecoins
50.000 * 20.000= 1000.000.000

Now

If the total Sharecoin's amount is only 100 millions, please can someone explain me how is it possible to sell 50.000 feeshares for a total amount of 1 billion?
Really, I think to have a badly confidence with mathematic Huh

alexminer

newbie

Activity: 42

Merit: 0

The moment I saw those smurfscoin, I sold 90% of my Sharecoins, left 10k Shares just in case. Good luck to all who holds Shares, from the look of things you will need luck indeed.

ycz

full member

Activity: 176

Merit: 100

Quote from: window9 on May 10, 2014, 11:12:21 AM

a clone sharecoin Angry

http://www.thesmurfscoin.info/

interesting...

Free_Lancer

newbie

Activity: 39

Merit: 0

Quote from: lzr1900 on May 10, 2014, 11:17:54 AM

Quote from: window9 on May 10, 2014, 11:12:21 AM

a clone sharecoin Angry

http://www.thesmurfscoin.info/

goddamn rubbish.

maybe it was probe site from devs?

lzr1900

sr. member

Activity: 448

Merit: 250

Quote from: window9 on May 10, 2014, 11:12:21 AM

a clone sharecoin Angry

http://www.thesmurfscoin.info/

goddamn rubbish.

F35plane

newbie

Activity: 28

Merit: 0

Quote from: YYmeans on May 10, 2014, 11:09:55 AM

Quote from: alexminer on May 10, 2014, 10:48:02 AM

Anyone knows when one starts earning double interest from keeping coins in Sharex as opposed to staking from wallet? I would transfer coins to Sharex to earn more interest but I don't know when it starts. Anyone?

Quote from: ziplibrary on May 08, 2014, 11:54:52 AM

Quote from: JeffK on May 08, 2014, 11:37:41 AM

If I send my SHARE to the exchange now I will start staking at 60% rate or it didn't start yet?

Not yet, staking will start when the initial FeeShare sale closed and will stop when no ShareCoin is left in the exchange's wallet.
And FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner, and stop when no ShareCoin left, and the FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner and will stop when no ShareCoin left and will open again,etc..... this keep on going until 50,000 FeeShare are distributed to the community.

FYI .

Thank U so much. That's what I want to know too.

window9

member

Activity: 63

Merit: 10

a clone sharecoin Angry

http://www.thesmurfscoin.info/

YYmeans

sr. member

Activity: 308

Merit: 250

Quote from: alexminer on May 10, 2014, 10:48:02 AM

Anyone knows when one starts earning double interest from keeping coins in Sharex as opposed to staking from wallet? I would transfer coins to Sharex to earn more interest but I don't know when it starts. Anyone?

Quote from: ziplibrary on May 08, 2014, 11:54:52 AM

Quote from: JeffK on May 08, 2014, 11:37:41 AM

If I send my SHARE to the exchange now I will start staking at 60% rate or it didn't start yet?

Not yet, staking will start when the initial FeeShare sale closed and will stop when no ShareCoin is left in the exchange's wallet.
And FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner, and stop when no ShareCoin left, and the FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner and will stop when no ShareCoin left and will open again,etc..... this keep on going until 50,000 FeeShare are distributed to the community.

FYI .

lemfuture

hero member

Activity: 686

Merit: 500

Quote from: xaml on May 10, 2014, 10:41:16 AM

The feeshare is so ......kengdie.

im not sure what kengdie mean

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: YYmeans on May 10, 2014, 08:26:23 AM

Before you naming others 'idiot' ,see the truth,the 9.77 btc was cost to buy shares at 400 satoshi yesterday.
Everyone saw this order set then dealed ,maybe except you.
Don't speak to me again if you are not a gentleman.
I like talking,not arguing. Thanks.
And do not name others idiot please.

Quote from: ?? on ??

Quote from: YYmeans on May 10, 2014, 08:07:32 AM

Quote from: ?? on ??

Quote from: VladMaster on May 10, 2014, 07:26:37 AM

If u ask about those over 3 000 000 ShareCoins sale wall at sharexcoin.com I probobly got the answer:

Yesterday on sharexcoin.com was ~180 FeeShares sold for 20k each that makes 3 600 000 sharecoins.

The question is why would owners of ShareXcoin.com put them all into the market at such a low price and single big sell wall...?

Do you have at least any idea what you're talking about?

~2.500.000 sharecoin from freeshare sales have been distributed to miners
The rest of them are there to pay for the added 30% stake for ppl who stake their coins into the exchange.

Why the hell do ppl talk shit when they don't understand a thing?...

You are wrong.
The 2.5 million is not from feeshare sells.
It's bought from the markrt with about 10 BTC which was from the multipool.
Seems it's you who don't understand a thing.

Another ignorant idiot...
Read the OP post...

"Multipool first round payout is sent. In this round we generated 9.77 BitCoin the exchange rate is: 400 satoshi. At this rate we can buy 2442500.0 ShareCoin
Will send ShareCoin to miners now using the ShareCoins generated from FeeShare sale and place a buy order of 9.77 Bitcoin at 400 satoshi to create buy support on:"....

PLEASE WAKE UP ALREADY...STOP POSTING BEFORE READING....

"now using the ShareCoins generated from FeeShare sale........"

And still buying some coins

That order was placed and filled already, well before this big 400 sat sell wall went up. Check out the trade history.

alexminer

newbie

Activity: 42

Merit: 0

Anyone knows when one starts earning double interest from keeping coins in Sharex as opposed to staking from wallet? I would transfer coins to Sharex to earn more interest but I don't know when it starts. Anyone?

wolfey2014

sr. member

Activity: 378

Merit: 250

Quote from: qiwoman on May 10, 2014, 10:34:47 AM

I downloaded latest version of wallet but it still doesn't sync what shall I do? My coins are stuck now.

help/debug window/console - type in repairwallet - hit enter .. restart wallet... all should be good now...

REMEMBER!
Always backup wallet.dat before making any changes!

Good luck!

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: ?? on ??

Quote from: YYmeans on May 10, 2014, 07:58:44 AM

Quote from: ?? on ??

Quote from: Hulailuan on May 10, 2014, 07:49:47 AM

Quote from: ?? on ??

Ok,

I am going to start a project dedicated for supporting the coin by the community itself.

I am opening a platform where the community can submit their ideas related to sharecoin, exchange, or other things that can support the growth of the coin.
All the ideas will then be selected and published on the website, where ppl can vote and comment the ideas.

At some point we gonna try, as the community, to start a fund raising dedicated to ppl who want to jump in and help with developing the most voted projects.
Devs, web designers, etc...can join and help with developing.
More info to come... i'm still debating what the project should include and how to get the community more involved in this thing.
Thanks

Sounds good. Could you provide us the link please?

After the domain is ready and the ns's are propagated

If you are serious, I will try my best to support you.
Anyway ,glad to this from community-self.

Yes, I'm serious, thanks for your support Wink

I paid 0.1 BTC for a irc tip bot who is wasting time on an empty channel because this community is full of beggars still.

I hope they sell their coins faster so new hands can join this party.

I will invest lot more for this coin since I wanted to start a coin just like this.
I'm very curious to see how big this coin/community can get.

Can you explain what a tip bot is? I really don't know.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: VladMaster on May 10, 2014, 07:26:37 AM

If u ask about those over 3 000 000 ShareCoins sale wall at sharexcoin.com I probobly got the answer:

Yesterday on sharexcoin.com was ~180 FeeShares sold for 20k each that makes 3 600 000 sharecoins.

The question is why would owners of ShareXcoin.com put them all into the market at such a low price and single big sell wall...?

They wouldn't. That sell wall is NOT the dev. The sharecoin used to buy FeeShares is distributed back out via multipool and ShareCoin interest. The dev has been 100% trust worthy and transparent up to this point. I know there are a lot of scammers in these coins, but if he is doing this and it can be proven everything will come crashing down. It looks to me like he is trying to build a business and has some great ideas.

Topic: [ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness - page 167. (Read 293232 times)