Quote from: Thijs072 on January 20, 2018, 01:04:23 AM

Quote from: arisatox on January 18, 2018, 09:48:05 PM

Quote from: waynechong1995 on January 18, 2018, 12:02:49 PM

Very interesting revenue model as well profitable for their investor, i see projects like these which are similar to others like COSS are worth and easy to success as long there are volumes which keep their profits rolling, generally investment should of course be injected for a better platform for trading as well systematic updates, development, partnerships and blockchain operations.

Why do people keep saying it is profitable? Right now 1 share of kcs will pay $0.0015 a day. 1 kcs costs $10.34 so it takes 6893.33 days or 18.89 years to get roi (at $150 million per day volume), and that is only because the cost went down. People were saying it was profitable even when the roi got to 48 years. Even now it is a bad deal. The kcs are only as much as they are because people are stupid and can't do basic math but once they learn how it will crash.

An have you calculated yet what the ROI on holding any other coin over a period of 18.89 years would be? Exactly 0%. What I like about KucoinShares is that you get paid dividends. You don't get that for holding other coins. It's just an extra. You say the current price is currently higher than the future cash flows discounted. So what? It would be really strange is the price were lower than the future cash flows discounted, no? I actualy calculated the present value of the future cash flows. Assuming that the trading volume remains the same as it is today (which will not happen of course, it will increase) and assuming a cost of capital of 10% (necessairy for calculating the present value, especially for a perpetuity), I find a value of 6$. And that's only the dividends you get paid. I expect trading volume to grow by a factor of about 5-10 over the next 2 years. The price will do the same, at least.

You can make a lot more than 5% per year with many other methods without having to rely on an exchange being around almost 20 years. Most normal businesses don't even last that long, and look how few exchanges have even lasted 4 years. I am not saying don't invest because you will do what you want, but don't try to act like it is a great deal when it is a horrible value.