Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
xibeijan
on 08/05/2014, 16:00:29 UTC
Guys. The plan is to share 50% revenue from the exchange to the conmmunity, free of charge. The detailed plan about it is already written here: https://sharexcoin.com/fee_shares/about Try to read it first before making any argument. I am not changing the price so don't ask me to. This thing was carefully planned long time ago it's not just a random decission. It's just that the price of ShareCoin shot up too high, which we didn't expected.
One more thing we didn't expect is that the exchange already got the daily trading volume of: 20 BTC in just 2 days. Even though the exchange is just in beta mode.

Can not answer all you questions in this thread right now. I'll go through all of your questions and answer later. If you have a serious issue regarding the exchange. just open a ticket here: https://sharexcoin.zendesk.com/


That's what I thought... price is too damn high.


I don't see that, if you look at COMM coin it's currently trading
on mintpal for 65 sat with a money supply of 800 million.

ShareCoin only 100M, which is also tied to it's own exchange!



COMM is worth about 8x less than SHARE and has 8x more coins.  about the same price as an establish coin...

This tells me that SHARE is overpriced at such an early stage, in agreement with the developer who also noticed that "the price of ShareCoin shot up too high".