Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
JeffK
on 10/05/2014, 19:43:31 UTC

Let's see guys, sharecoin value is influenced by the expertise of the developer. He's doing it very well, and it is comprehensible that the price is higher than normal, but it's really so so high right now.
The real interest in having sharecoin is that you can get participation of an exchange, and other services (later).

I am going to show the real price should have sharecoin TODAY:

The exchange has an interest rate of 0.1 % and a feeshare corresponds to 0.001% of the profits from exchange.
Knowing the value of a company is generally calculated on the profits generated in 10 months , we can calculate the correct value of a sharecoin :

In the past 24 hours the exchange has moved a volume of 27.79 btc , therefore:
0.1 % fee of [ 27,79 btc ] = 0.02779 btc / 24h | | 0.001 % revenue of [ 0.02779 btc ] = 0.000000277 btc / 24h
10 months = 300 days :: 1 FEEcoin value has to be = 300 days * ' profit per day '  ||  ' profit per day ' = 0.000000277 btc  ||  1 FEE == 0.00008337 btc
1 FEEcoin =  20,000 sharecoins ---> 0.000000004 btc == 1 Share


Obviously, here the value generated by Multipool is not added, any additional services that may be adding additional value or we can give you for a job well done.

The value can go up day by day depending on the volume of brand benefits SHARE, but I wanted to show you that we are paying is outrageous per share. The price is down but still round 300 satoshi when the fair price of a sharecoin today 05/10/2014 was 0.4 satoshi / share.


Yea, price is really high atm. To ROI at actual Sharecoin price we would need around more than 700 years. Something needs to be changed and as dev's wont change FeeShare price (wich is normal), Sharecoin price has to be readjusted. We are here to earn some money and this is the most failed investment ever. Before knowing the amount of FeeShares for sale and it's price we valued sharecoin based on the total coin supply but it's not valid anymore as coins will be recicled again and again to buy all FeeShares so it's almost like unlimited value. It's not viable to have this coin at this value. I hope big bag holders will realize this before it's too late because loss is unavoidable.

I have just dumped my +1 million Sharecoin (on a loss) and I will buy again when price is a bit more realistic.

PD: I have some problems loading the new design on Firefox.



The price of sharecoins is not related at all with the price of freeshares Smiley)
Lol, you dumped 1kk sharecoins on a los...right...troll somewhere else and try to buy cheap coin somewhere else...

Again, the price of sharecoins is not related to freeshare price at all.

I think the price of sharecoins right now is underevaluated, it will be a lot bigger when the coin hits more exchanges.



I wish I was trolling just to buy cheap coins. Sadly, here is my sell orders, on a big loss as I bought at +550 before knowing price of FeeShares and amount sold.



I love the coin concept and I think it's a great idea but price is not real and I'm out until prices get to a normal range.
At least, I won't be the one with biggest loss as I see you are not planing to sell your coins. Good luck!

Why not hold the coins rather than taking such a big loss?

Why holding if value is going down without possibilities to go up? It's simply not viable at actual price. We needed more than 4000 BTC to buy all the FeeShares available on an exchange that has just born, that we don't know anything about dev, completely anonymous, and which exchange could be hacked or disappear. It's too much risk. I'm here to earn money and avoiding loosing more is earning for me.