1 fee share = 20k share coin ..
1 sharecoin = 500 satoshi
this equates to 5m$ usd for the sharexcoin exchange website. Is this expensive or reasonable?
It fully depends on the exchanges revenue, doesn't it? If a FeeShare will return 8-10% per annum it is beating many investments.
Well there will be alot of work to make this exchange on the level of Mintpal / polo / Cryptsy etc..
so yeah it can be expensive, but remember that most of us got the coin for free, so what's expensive? maybe it is maybe it isn't all a gamble now
ok, but you can cash out all that coin for bitcoin right now
and you can cash out what like $120 (depending on whether you execute buy orders or put a sell order and wait)
so they're asking for about $40 of real money to give you ownership of 0.001% of the company that launched like today
I think the dev needs to come up with some kind of initial / early investor reward so that we are not left out