Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
djm34
on 08/05/2014, 17:54:57 UTC
If I send my SHARE to the exchange now I will start staking at 60% rate or it didn't start yet?
Not yet, staking will start when the initial FeeShare sale closed and will stop when no ShareCoin is left in the exchange's wallet.
And FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner, and stop when no ShareCoin left, and the FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner and will stop when no ShareCoin left and will open again,etc..... this keep on going until 50,000 FeeShare  are distributed to the community.

50000 Feeshare get distributed to the community ?
How many Sharecoins is there ? What is the interest rate ?
Read it here: https://sharexcoin.com/fee_shares/about
so at the moment there are 10x more FeeShares than ShareCoins and only ShareCoins can buy FeeShares.
So technically ShareCoins are more rare than FeeShares.
Sorry but your FeeShare are way overpriced


seem you are wrong here ^^, feeshare is rarer than sharecoin
If there are more FeeShares than money to buy it, then something is just wrong...

that is what we called value ^^, (sometimes things are of no use to us but to others it's a treasure to them)
sentimental value may be  Cheesy
So the Feeshare has a sentimental value of 10k ShareCoins to dev then he should keep them.  Wink

use the sense you have ^^, i bet it's not common ^^, our currency here cant buy the whole supply of gold so which is rarer? gold or my currency?
Actually it should (at least for the dollar... but I am not up to date) since the total amount in circulation should represent the amount of gold owned by the federal bank.