Author

Topic: [ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness - page 212. (Read 293232 times)

legendary
Activity: 1120
Merit: 1000
Totally agree. Feeshare pricing has reduced my interest in the Coin. If this pricing continues, the coin can never succeed, sorry to say.

+1

This is what the dev obviously doesn't understand. 1 step back means 2 steps forward. But obviously he thinks only shortterm.
full member
Activity: 196
Merit: 100
Ppl, go ask for dividends at mintpal or cryptsy Smiley
If possible, ask them to sell all the income of their exchange for free, what the hell after all you deserve it, because you should receive anything for free
+1

It is not free. The coins are traded and thus have a value.
It's a more legitimate way to create value from nothing for the dev than the premine.

The dev also stated, that he will use the sharecoins that he gets for his feeshares, will be used to pay out the multipool.
So, the dev also get's the Bitcoin mined in the multipool while arbitrarily determening the price of the shares handed out (not implying that he is trying to fool anyone this way)
legendary
Activity: 2156
Merit: 1131

Did anyone make calculation about the future earning of FeeShares ?
member
Activity: 112
Merit: 10
🌟 SONM ICO: 25/05/17 🌟
1feeshare=20000sharecoin,  that is a joke。

What are you thinking ?

You though your EXCHANGE is very very good ? OR you though this Sharecoin is so cheap?

let the rate up.......
あなたのばか、私に転がってる
member
Activity: 64
Merit: 10
jack
1feeshare=20000sharecoin,  that is a joke。

What are you thinking ?

You though your EXCHANGE is very very good ? OR you though this Sharecoin is so cheap?

let the rate up.......
sr. member
Activity: 350
Merit: 250
I never hashed for this...
One thing is for sure, ppl are never happy.

You give them a free coin, with this perfect distribution, a coin which is backed up by a good working exchange on the long term, an idea to create buy pressure on the long term, and they are not happy.

They want your business too for free Smiley)

I'm so disappointed in the humans nowday...

+1

yeah I am like wtf when people are complaining the price of shares in the exchange  Huh weren't we all given these sharecoins  Huh
to those guys, their is no limitation if they can.earnoney....greety

Some people have been mining on the multipool, others bought on the exchange... I didn't know for example devs would keep 50% of all the income from exchange.

Are you an idiot too? Smiley))

So what do you expect? For them to work their ass, make a perfect coin, an exchange and they should keep nothing from the exchange income.

Lol



No, I'm not idiot. I think it should have been stated in some way. On OP:

Quote
Revenues collected from Sharexcoin is divided into 100,000 parts, those parts are called FeeShares. There are only 100,000 FeeShares available.
Each FeeShare will give the FeeShare's holder 0.001% revenue from Sharexcoin. Dev team will keep 50% of them, allowing community to buy the other 50%.

The bold part is missing on the OP, it should have been added from the beginning and would have helped calculating the fair price for each ShareCoin. Needing 1 BILLION coins to buy the 50,000 FeeCoins available for the community when there is only 100 MILLION coins right now makes everything really hard to succeed in the way it's built.

Dev team, also earns money from the FeeShare sale. They are getting ShareCoins for every FeeCoin that they are selling after for BTC to the guys on the multipool.

Exchange fee is 1%, they get half so 0,50%. Other exchanges (Mintpal, Cryptsy, Poloniex) are taking at most 0,15%.

Did you bother making any calculations before calling me idiot? Do you really think they work for peanuts now?

Not well planned, sorry to tell you.


Right now it's very clear that you are an idiot.

https://www.cryptostocks.com/securities/57

See: Each share represents 0.0002% of the trade fees collected
And here 0.001%.

You ppl always thinking short time.



Cryptsy has +1500 BTC volume every day and takes much less fees than Sharexcoin.

PD: apart from that, you speak about Cryptsy Fee Share without knowing anything about them https://bitcointalk.org/index.php?topic=316748.80
hero member
Activity: 672
Merit: 500
Banned: For Your Protection
I'm fine with the price. We got these coins free. I'm not happy with FeeShares - something needs to be recalculated with those.

I'm really unhappy with the fact that one hour and fifteen minutes after I placed a withdraw order, I haven't received my coins back. That sucks.

legendary
Activity: 2156
Merit: 1131

ShareCoin is actually much better than what I thought.
hero member
Activity: 532
Merit: 500
Totally agree. Feeshare pricing has reduced my interest in the Coin. If this pricing continues, the coin can never succeed, sorry to say.

+1

++!  Grin
hero member
Activity: 924
Merit: 1000
One thing is for sure, ppl are never happy.

You give them a free coin, with this perfect distribution, a coin which is backed up by a good working exchange on the long term, an idea to create buy pressure on the long term, and they are not happy.

They want your business too for free Smiley)

I'm so disappointed in the humans nowday...

+1

yeah I am like wtf when people are complaining the price of shares in the exchange  Huh weren't we all given these sharecoins  Huh
to those guys, their is no limitation if they can.earnoney....greety

Some people have been mining on the multipool, others bought on the exchange... I didn't know for example devs would keep 50% of all the income from exchange.

Are you an idiot too? Smiley))

So what do you expect? For them to work their ass, make a perfect coin, an exchange and they should keep nothing from the exchange income.

Lol



No, I'm not idiot. I think it should have been stated in some way. On OP:

Quote
Revenues collected from Sharexcoin is divided into 100,000 parts, those parts are called FeeShares. There are only 100,000 FeeShares available.
Each FeeShare will give the FeeShare's holder 0.001% revenue from Sharexcoin. Dev team will keep 50% of them, allowing community to buy the other 50%.

The bold part is missing on the OP, it should have been added from the beginning and would have helped calculating the fair price for each ShareCoin. Needing 1 BILLION coins to buy the 50,000 FeeCoins available for the community when there is only 100 MILLION coins right now makes everything really hard to succeed in the way it's built.

Dev team, also earns money from the FeeShare sale. They are getting ShareCoins for every FeeCoin that they are selling after for BTC to the guys on the multipool.

Exchange fee is 1%, they get half so 0,50%. Other exchanges (Mintpal, Cryptsy, Poloniex) are taking at most 0,15%.

Did you bother making any calculations before calling me idiot? Do you really think they work for peanuts now?

Not well planned, sorry to tell you.


Right now it's very clear that you are an idiot.

https://www.cryptostocks.com/securities/57

See: Each share represents 0.0002% of the trade fees collected
And here 0.001%.

You ppl always thinking short time.



First reply to you, you asked for something, i showed you where you could buy them. haven't once complained about the fee shares, but if you want to act like a fucking moronic fucktard then so be it.
legendary
Activity: 1232
Merit: 1001
Totally agree. Feeshare pricing has reduced my interest in the Coin. If this pricing continues, the coin can never succeed, sorry to say.

+1
full member
Activity: 210
Merit: 100
One thing is for sure, ppl are never happy.

You give them a free coin, with this perfect distribution, a coin which is backed up by a good working exchange on the long term, an idea to create buy pressure on the long term, and they are not happy.

They want your business too for free Smiley)

I'm so disappointed in the humans nowday...

+1

yeah I am like wtf when people are complaining the price of shares in the exchange  Huh weren't we all given these sharecoins  Huh
to those guys, their is no limitation if they can.earnoney....greety

Some people have been mining on the multipool, others bought on the exchange... I didn't know for example devs would keep 50% of all the income from exchange.

Are you an idiot too? Smiley))

So what do you expect? For them to work their ass, make a perfect coin, an exchange and they should keep nothing from the exchange income.

Lol



No, I'm not idiot. I think it should have been stated in some way. On OP:

Quote
Revenues collected from Sharexcoin is divided into 100,000 parts, those parts are called FeeShares. There are only 100,000 FeeShares available.
Each FeeShare will give the FeeShare's holder 0.001% revenue from Sharexcoin. Dev team will keep 50% of them, allowing community to buy the other 50%.

The bold part is missing on the OP, it should have been added from the beginning and would have helped calculating the fair price for each ShareCoin. Needing 1 BILLION coins to buy the 50,000 FeeCoins available for the community when there is only 100 MILLION coins right now makes everything really hard to succeed in the way it's built.

Dev team, also earns money from the FeeShare sale. They are getting ShareCoins for every FeeCoin that they are selling after for BTC to the guys on the multipool.

Exchange fee is 1%, they get half so 0,50%. Other exchanges (Mintpal, Cryptsy, Poloniex) are taking at most 0,15%.

Did you bother making any calculations before calling me idiot? Do you really think they work for peanuts now?

Not well planned, sorry to tell you.

Totally agree. Feeshare pricing has reduced my interest in the Coin. If this pricing continues, the coin can never succeed, sorry to say.
hero member
Activity: 532
Merit: 500
I dont have a problem with the dev keeping 95% of his exchange.

But its sad that the dev tried to mislead the investors here.

1. The dev team has decided to give away the 10 stakes reserved for the development team to the stake holders,
   so that everyone including the devs will have the same stake? What was that stunt for? Increase credibility???
2. 50% will be owned by the stakeholders and 50% by the devs and the dev issues 5% shares for the total number of existing coins.
   If the dev is panning to issue 50% in the future, he should reserve the '50% for the stake holders' statement for the future as well.

The dev could have been clear in saying 95% for me 5% for you guys.Please dont try to question the bct members intellectual honesty.

Any new venture will put some money for marketing and in this case the dev tried some innovative marketing with his 5% of the exchange set aside for the marketing.

Back to poloniex then. Cheesy
hero member
Activity: 686
Merit: 500
still holding my sharecoin  Smiley
sr. member
Activity: 350
Merit: 250
I never hashed for this...
One thing is for sure, ppl are never happy.

You give them a free coin, with this perfect distribution, a coin which is backed up by a good working exchange on the long term, an idea to create buy pressure on the long term, and they are not happy.

They want your business too for free Smiley)

I'm so disappointed in the humans nowday...

+1

yeah I am like wtf when people are complaining the price of shares in the exchange  Huh weren't we all given these sharecoins  Huh
to those guys, their is no limitation if they can.earnoney....greety

Some people have been mining on the multipool, others bought on the exchange... I didn't know for example devs would keep 50% of all the income from exchange.

Are you an idiot too? Smiley))

So what do you expect? For them to work their ass, make a perfect coin, an exchange and they should keep nothing from the exchange income.

Lol



No, I'm not idiot. I think it should have been stated in some way. On OP:

Quote
Revenues collected from Sharexcoin is divided into 100,000 parts, those parts are called FeeShares. There are only 100,000 FeeShares available.
Each FeeShare will give the FeeShare's holder 0.001% revenue from Sharexcoin. Dev team will keep 50% of them, allowing community to buy the other 50%.

The bold part is missing on the OP, it should have been added from the beginning and would have helped calculating the fair price for each ShareCoin. Needing 1 BILLION coins to buy the 50,000 FeeCoins available for the community when there is only 100 MILLION coins right now makes everything really hard to succeed in the way it's built.

Dev team, also earns money from the FeeShare sale. They are getting ShareCoins for every FeeCoin that they are selling after for BTC to the guys on the multipool.

Exchange fee is 1%, they get half so 0,50%. Other exchanges (Mintpal, Cryptsy, Poloniex) are taking at most 0,15%.

Did you bother making any calculations before calling me idiot? Do you really think they work for peanuts now?

Not well planned, sorry to tell you.
hero member
Activity: 924
Merit: 1000
Ppl, go ask for dividends at mintpal or cryptsy Smiley
If possible, ask them to sell all the income of their exchange for free, what the hell after all you deserve it, because you should receive anything for free

ask and you shall receive https://www.cryptostocks.com/securities/57
member
Activity: 294
Merit: 10
Ppl, go ask for dividends at mintpal or cryptsy Smiley
If possible, ask them to sell all the income of their exchange for free, what the hell after all you deserve it, because you should receive anything for free
+1
newbie
Activity: 42
Merit: 0
i think it will greatly help if the dev will come out and rescue the coin rather than keeping silent.
sr. member
Activity: 268
Merit: 252

Some people have been mining on the multipool, others bought on the exchange... I didn't know for example devs would keep 50% of all the income from exchange.


Dev is keeping 95%

And what you think? Dev is working for some peanuts?  Shocked
sr. member
Activity: 322
Merit: 250
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