Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness
by
ziplibrary
on 15/05/2014, 17:05:16 UTC
FeeShare earn 30% stake by itself (These are stake generated from the ShareCoin you used to buy FeeShare) plus the revenues generated from ShareXcoin.com
ShareCoin will earn 30% stake by itself and 30% more from the FeeShare sale.

How can FeeShare generate 30% from the corresponding ShareCoin since there is 10 time more (relative to value) FeeShare than ShareCoin ?

This smell bad.
The interest is not going on forever the interest is only a way to re-distribute ShareCoin to the community. The more FeeShare sold, the faster ShareCoins are redistributed. Interest will stop when all 50,000 FeeShare are released. At this point, ShareCoin and FeeShare won't gain any interest. Only 50% revenues of the exchange are paid to FeeShare holders by Bitcoin.
@lzr1900: I suggest you going through this first before spreading FUD like that: https://sharexcoin.com/fee_shares/about

OK, that isn't written in the about.

Another question :
Will you stop market trading for FeeShare when you go for the next round of FeeShare sell ?
And if not, will you credit immediately the FeeShare bought with (20,000) ShareCoins to the buyer account ?
FEE_BTC market will be closed whenever FeeShare sale is opened.