if none of share holders buy feeshare, what will happen?
Um... Dev gets all of the profit then, instead of paying a percentage out to holders. Does sharecoin have any other value beside purchasing feeshare?
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First stage POS-POW : block 1 to 10 000 (~7 days & 50 million coins) Second stage Full POS : block 10 000 to 50 000 (~30 days) Third stage POS-POW : block 50 000 to 60 000 (~7 days & 50 million coins)
kinda complicated. does it have any advantage to do this way?
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Nxt is the most awesome coin so far. I am eager to testing this AE.
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if none of share holders buy feeshare, what will happen?
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Nxt is getting hot, so will this one. Hope dev have something more to deliver.
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guys, let me give u some calculations to cheer u up:
total sharecoin: 100,000,000 1feeshare=20,000sharecoin total feeshare=100,000
assume I have 1,000,000 sharecoin, and keep it at shareXcoin forever, let us see what happen: if dev sell 2.5%(5% is impossible since it will cost all sharecoin available) feeshare which is 2,500, dev get 50,000,000 and he will spread it among sharecoin holders in exchange, since I have 1million which is 2% percent of total(50million was in dev's hand), I will get 1,000,000. so after first sale of 2.5%, I increased my sharecoin by 100%. after 20 times such sale, you can imagine how much sharecoin I will get. in the above calculation, interest is not taken into account, but it doesn't change anything essential.
what does it mean? It means your sharecoin is much undervalued by 1feeshare=20,000sharecoin, and you should never buy feeshare.
That is about right. The bottom line is, by pricing Feeshares in Sharecoin, the dev. has given a yardstick measure by which to value Sharecoin, and that valuation is very low indeed. By actually giving this one objective measure (and there is no other), it puts a ceiling on the price,ensuring that Sharecoin will remain permanently low, unless the exchange gets to the size of (say) Cryptsy, or there is an alternative OBJECTIVE measure (which is not going to happen: virtually no coin has managed to tie it's price to a solid commodity).very interesting analysis. so i will just hold my sharecoin
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so this is a dream. enjoy your dreams, guys.
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when will 4th round be listed?
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Is eXo the first second GEN coin??
too bad for exo, nxt is the first 2nd gen. no one can beat NXT but EXO is pretty good too. Nxt is lonely now. eXo and Qora will change it.
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you guys r genius. eXo deserves a powerful logo. keep moving.
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nice job, guys. exo will be a big player.
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Devs have been doing great works. This will be huge, I believe.
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NMAC UPDATE The NMAC private placement was closed to new entries on Saturday, March 1st as we are over subscribed.
You can still purchase shares on the Nxt Asset Exchange. We will sell 25 million shares on Asset Exchange launch day.
The price will be 0.01 nxt per. share.
Best regards, Landomatadamn it. I missed the private placement.
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a stupid question: where is the registration fee going? to the lucky miners?
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Interested
But, really? Reply page 1414?! LOL this will never launch, Doge only had 900~ pages!
Nxt has more than 1900 pages. yes, because it is Nxt
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what happens to your previous work Platinum (PTL) it will add faith to this one if PTL works well.
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the logo is the same as CENT
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Can newbies enter the 2nd stage if their account wasn't created before the eXo announcement?
WizzardTim that's a somewhat worrying question for me... surely it is only the email giveaway that is limited to established bitcointalk members... the rest of the opportunity should be open to anyone, right? I really do not know. If it is open then there is nothing that will prevent the same people to invest more than 1.5BTC by creating new accounts. if so, they just truly believe in this coin. why not give them more shares? the thing is you can't prevent this from happening.
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interested. keep an eye on it.
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