Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
AcidReniX
on 09/05/2014, 17:20:24 UTC

19178.08 BTC Daily Transaction volume SharexCoin needs to earn YOU 0.07 BTC back in one year


It's 15x more than Cryptsy 24h trade volume  Shocked

That's the point. With ShareCoins at 350 satoshis each, it's actually really stupid to purchase FeeShares because it would take you years to get the same BTC back that you would spend in FeeShares. I bought FeeShares as soon as I could and then did the maths and realised my huge mistake. I can't see the 3 FeeShares I own being able to make 0.2 BTC by the end of this year unless the system changes.

If ShareCoins are 1 satoshi each, SharexCoin would only need 54.79 BTC Transaction volume a year to get your investment back. You would actually make quite a lot of satoshis over a year in this scenario assuming SharexCoin gets quite popular.

I still think the best suggestion made on this forum to do with FeeShare is to share the percentage between all purchase FeeShares (not between 5,000 where 4,800 aren't purchased but between the 200 who have purchased). That would encourage more people to buy FeeShares as the exchange grows.