Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
PilotofBTC
on 08/05/2014, 17:03:05 UTC
As it stands, 0.001% of the exchange's income is worth $50.

$50 how often? If you invest $50 and it returns $50 a year, that's a very very very good investment.

that's damn high, too good to be true

The point is, we don't KNOW if the value of FeeShare is high or not. Since we don't know the ROI. We can't know the ROI until we know the weekly/monthly revenue of the exchange.

I'm shocked at the number of complaints. I expected a few, but 1500 people were basically GIVEN .003% of the revenue of an exchange for nothing more than about 5 minutes of work, ie dl a wallet, sign up, put something in your sig for a week.

No one is twisting anyone's arm to buy FeeShares.

the problem seems to be that some people were buying on the exchange with plans to buy freeshares, but not enough info was provided... so they claim.

Ok, I get that. But sometimes in life you take a risk. Without the price of FeeShare being listed they took that risk. They could have waited. That said, the highest I think I've seen 20k share sell for was about $40 worth of BTC. There's no way to know if that is a good or bad price before we start to see what the FeeShares are returning.

I do agree that if the price was known ahead of time it should have been listed in the OP. Also, the line about "if you own SHARECoin you share in the revenue of the exchange" wasn't 100% correct but was clarified on the thread. But, the OP should have been corrected.