19178.08 BTC Daily Transaction volume SharexCoin needs to earn YOU 0.07 BTC back in one year
It's 15x more than Cryptsy 24h trade volume
That's the point. With ShareCoins at 350 satoshis each, it's actually really stupid to purchase FeeShares because it would take you years to get the same BTC back that you would spend in FeeShares. I bought FeeShares as soon as I could and then did the maths and realised my huge mistake. I can't see the 3 FeeShares I own being able to make 0.2 BTC by the end of this year unless the system changes.
How is a 50% return in 1 year stupid?
The returns are infinite if you were given 3 FeeShares worth of ShareCoin as well.
That said, we don't know what the return is because we don't know the current revenue. If I was sure it would be 50% in a year I would buy MANY of them. Also, if the exchange does very well, then the FeeShares / BTC market will raise the price so in addition to dividends you are getting growth.
While everyone has said how expensive FeeShares are, their price has only gone up, against the expectations of many on this thread after the per FeeShare price was posted.
50% return in one year? ShareXCoin would need to process 19178 BTC in transactions EVERY DAY. That means Bitcoins worth $7,671,200 will need to be transferred in the exchange (so SharexCoin earns 0.1% transaction fee) every day, for one year.
How many bitcoin exchanges do you think process that number of transactions (adding up to that volume of BTC)? This exchange will have to be bigger than virtually every exchange in existence just to earn the coins back from buying the FeeShares at this current price...
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also you have to have your wallet encrypted and unlocked to stake i know that much because everyone keeps telling me that Lol