what i see is that the community doesn't understand the whole feeshare mechanics and is getting confused.
feeshare is understood, but the problem is the confusion about the relationship between feeshare and sharecoin, computation was explained in the previous page on how long will you get your ROI , and the dev made a clarification about the 2 different entity, and that this thing was exploited and drive the coin value down, and there are lots of concerns regarding the feeshare that was unasnwered, like the what if's of unsold share during the days they openned it
The problem with the valuation of the fee share is that people are valuing it base only on the exchange. But the dev has said that more sites will be added later. a gambling site is one of them. I can imagine more sites coming up later making the 20k sharecoin worth it. I think the dev should actually try to approach in that manner. Telling the community the planned development of the different sites that will be added to FEE SHARES.
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BoardAnnouncements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
turtlerabbit
on 11/05/2014, 14:24:26 UTC
what i see is that the community doesn't understand the whole feeshare mechanics and is getting confused.
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
turtlerabbit
on 11/05/2014, 14:16:13 UTC
If you put your coin in the sharexcoin.com exchange website, it earns double PoS ... so instead of 30% .. you get 60%. The extra 30% comes from FEE SHARE sale.
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BoardAnnouncements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
Guys, I'm not against the community. If holding ShareCoin would be more profitable for you guys, just do it. I don't force you to buy FeeShare or want to say any bad thing about ShareCoin. I was just pointing out the truth about Crypto Currencies. But guys, rememeber: The relationship between ShareCoin and FeeShare will stay the same no matter what, FeeShare can only be purchased by ShareCoin and price between FeeShare/ShareCoin will never change even if ShareCoin only worth 1 satoshi or worth nothing at all. The good thing is: nobody will be left holding something that has no value, which happened to a lot of coins lately.
you wanna use sharecoin to gain some attention for your exchange,but you were actually kept devaluing it through your serious of decisions. Without Sharecoin,Sharexcoin will never succeed.COZ YOU LOSE THE WHOLE COMMUNITY SUPPORT. You destroy the sharecoin,you destroy your exchange.
I am not devalueing anything. Price of FeeShare is decided before launch and that is only 1 decision. As I said, you can do whatever you like with your ShareCoin, you don't have to buy feeshare. Honestly. If it was me I'll choose to hold ShareCoin because hodling 1% of the network meaning that you are potentially holding 1% of the FeeShare because all ShareCoin are kept redistributing to you.
This makes a lot of sense to me! If you are holding 1% of sharecoin, it means potentially you are holding 1% of FEESHARES ... because all sharecoin proceeds from buying FEESHARES is redistributed to sharecoin holders.
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BoardAnnouncements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
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!!!
How low do you think is enough? and why?
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BoardBitcoin Discussion
Re: GOLD can now be made in laboratories and what it means for bitcoins
by
turtlerabbit
on 02/05/2014, 08:45:58 UTC
i think the amount of gold produced by this bacteria is next to miniscule.
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BoardService Discussion
Re: Cryptsy holding on NXT for forging themself
by
turtlerabbit
on 02/05/2014, 01:38:18 UTC
I think these things happen when that particular coin is in maintenance. The bad thing is ... they don't say it in advance or they don't say it at all.
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BoardAnnouncements (Altcoins)
Re: NXTL: Next Coin Lite - Register accounts for investors.