Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
Majormax
on 11/05/2014, 14:08:45 UTC
guys ... now that we are on 150 satoshi, do you think this coin is just worth 75k $ USD

Hmm.. seems awfully low for a good distribution and an exchange to back it up.  I bet you ... sellers will regret it at this low price!

Still high imho

each feeshare sold makes more "recycled" sharecoins. high sharecoin price implies exchange not taking part in this coin. will drop but it will take some time. when one of the big bag holders with +5% of the coin (eh qawzsx ) will dump we will see how much we drop down. It's a matter of time!!!

That is the driving force for the price. A negative feedback loop the like of which hasn't ever been seen in altcoins. Only ~1% of feeshares has been sold so far, and the sharecoin used and recycled (resold) to the market is 10% of the entire issue !  A long way to go.