Me and many others aren't thinking in taking profit with the exchange.. just because those shares are expensive and the volume is low. Simply. If u want to wait for sharecoins to be 0.3 satoshis to buy a share keep waiting.
I'm speculating on both sides. I bought @ 100k Share and I got 3 free (my stake) FeeShares. In total an $100ish risk. If it doesn't work out, oh well, I've spent more on a crappy dinner. But there is a huge upside. Calculating the return of a FeeShare based on the revenue from it's 10th day is a little short sighted. It doesn't take into consideration growth of the exchange, the gamin site, growth of Bitcoin, etc. |
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man 0 man - what happened to the pool at http://naut.0feepool.com/I switched to their new pool this morning and yesterday I was getting about 110 coins every 45 minutes and today I'm down to 100 coins every hour. I'm bummed - may have to look at another coin. I've check difficulty and it has not risen that much.... something appears fishy. The difficulty is dynamically adjusted every block. If you watch your coins per day it will jump up and down based on what the current block/difficulty is. Look at the current block difficulty then the next block. The next is probably lower when your coin per day number is low. |
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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  ) 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. Dude, stop putting the freeshares in the same basket with sharecoins A crypto currency have nothing to do with the free shares of a business. Are you that ignorant? The community can drive the sharecoin way over the exchange business. "down without possibilities to go up..." You are a fool... So we are agree you are on Sharecoin for pure speculation. I remind you Sharecoin's only meaning is for buying FeeShares. If they are not related Sharecoin's are worth NOTHING. Not even the sat steva calculated, just pure speculation. I have to agree with JeffK a bit here. Most alt coins are pure speculation and timing and guys with miners dumping as fast as possible. However, there are some that have some intrinsic value. Share coin is one... it is the coin you need to invest into this exchange. So, yes, the price of Share is somewhat links to the FeeShare price at this time. However, you can be involved in one without being involved in the other. For example, 1528 people can each have 3 FeeShare's for nothing other than the asking. That's 5% of the exchanges revenue given away. But everyone has to do their own assessment. |
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And Who cared about the feeshares.. that is obviously very bad done.. the owner wants to keep 50% or more and they are expensive.. Dont try to mix those expensive exchange shares with the coin itself. U r not really smart.
The owner of the business, the guy that did all the work, pays the hosting, does the support wants to keep 1/2 of his business revenue? Shame on him! Such a capitalist. (yes that was sarcasm) |
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does the exchange allready pay intrest.....seam it was programed to start today?
Zip... can you answer this? When does the Share interest start paying. Also, when will the FeeShare sale be discontinued. Or will it stay open until 5000 FEE have been sold? FeeShares will pay when all coins are distributed. Still a lot of people haven't received their coin yet: http://sharecoin.info/#trackInterest payout and FEE_BTC market will open on the same day(3 days after all coins are paid, so people can have a chance to get their hands on the coin) Thanks, and will FeeShares be continue to be offered at that time, or will that first round close? |
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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 ) 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? |
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does the exchange allready pay intrest.....seam it was programed to start today?
Zip... can you answer this? When does the Share interest start paying. Also, when will the FeeShare sale be discontinued. Or will it stay open until 5000 FEE have been sold? |
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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
First you use the word "profit" when the fee share is based on revenue. Second, your calculation is off by 100% since .1% is charged for both sides of the transaction. Also, do your calculation where you are given 3 FeeShares, and what is your return percentage? Finally, the FeeShare will also generate payouts from the gaming site. |
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When the freeshare - btc market will jump in, lets see what you gonna say...
i hope you are right, but still not sure if this is a ponzi or not. too many exchange exist now If you fear a ponzi with $0 (or whatever your currency is) you could have either 60k SHARE or 3 FeeShares. |
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ppl dumped hard.and the site seems down.
not good sign.
The site is not down. Of the last 20 trades, 17 have been buys. |
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When you're trouble with funds and you wallet don't sync, make this steps... Works to me: 1- Delete all files except the file wallet.dat; 2- Open the wallet other time; 3- Wait for SYNC; 4- When your wallet sync make an dumpprivkey #YOURADDRESS# (change #YOURADDRESS# for your wallet address); 5- Copy the Private key, seem like this: VNPZVSCP7JcgPgK3Eb7RQPjuU7ebxVzXNsAjuhncC4G5324235325 6- Make an New address and put this on console: importprivkey "VNPZVSCP7JcgPgK3Eb7RQPjuU7ebxVzXNsAjuhncC4G5324235325" 7- Now you have your coins on wallet!  Thanks I have tried following this advice. It goes well until step 6. Whenever I enter "importprivkey [PRIVKEYNUM123]" I get the message "Error adding key to wallet (code -4). Am I doing something wrong? No idea. What problem are you having? Just with syncing, or with it not showing your correct balance when it is in sync? Fairly certain that I'm on the wrong fork. Wallet shows no balance, stake or uncofirmed SHARE, yet it acknowledges that I had an incoming share transaction of 65k for the distribution. There's also one staking transaction that was never confirmed. The wallet is up to date on the network though. I assume the problem is you are trying to import a privkey into the wallet that already exists. Did you let the software generate a new wallet? Make sure to keep the old one backed up. |
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Why 1 day ago they pretty much dumped all mined in multipool coins at 400? Why??? (I actually was watching market at that time and sold THEM for 400 instead of 300 and something that I had a few minutes before they declared to the whole world that they are gonna dump for 400, so I had a few minutes to remove my sell order below that price, wait when their 400 order appeared on market, watch how quickly it started to evaporate, sold to them my shares)
They, meaning the dev, did NOT dump the shares. The announced a BUY order for 400 which was the price the ShareCoins distribution was calculated at. Not a sell price. If folks mining in the muti-pool just want BTC, they should mine to their own BTC address. |
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When you're trouble with funds and you wallet don't sync, make this steps... Works to me: 1- Delete all files except the file wallet.dat; 2- Open the wallet other time; 3- Wait for SYNC; 4- When your wallet sync make an dumpprivkey #YOURADDRESS# (change #YOURADDRESS# for your wallet address); 5- Copy the Private key, seem like this: VNPZVSCP7JcgPgK3Eb7RQPjuU7ebxVzXNsAjuhncC4G5324235325 6- Make an New address and put this on console: importprivkey "VNPZVSCP7JcgPgK3Eb7RQPjuU7ebxVzXNsAjuhncC4G5324235325" 7- Now you have your coins on wallet! Thanks I have tried following this advice. It goes well until step 6. Whenever I enter "importprivkey [PRIVKEYNUM123]" I get the message "Error adding key to wallet (code -4). Am I doing something wrong? No idea. What problem are you having? Just with syncing, or with it not showing your correct balance when it is in sync? |
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I don't understand the multipool argument. Mine in any multpool you want. Take the BTC to ShareXCoin and buy SHARE. Basically the same as what happens now. Mining directly to ShareXCoin from the multi-pool saves you the .1% commission. But there are other options.
And I can understand that It's just that there's no multipool for X11, for example, that pays out in BTC (if you know one, please, let me know witch  ) Getting paid in BC, YC, DODGE and other coins is not bad, either, but makes you have 3x the work to finally reach your intended coin  and you loose away to network fees also - and most BTC transfers are now using 0.0002 fee, unless you want/willing for them to take 2 days  Hence, my wish  I see. But Waffelpool isn't run or setup by the ShareCoin dev. It is just an existing multi-pool that he is pointing to. He gives you a BTC address to his wallet to mine to and links it to your ShareCoin address in his database so he knows who to distribute the SHARE to. I assume the multipool buy/payout was sent directly to people wallets. |
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If you order your shares over my referrer I offer you 2,5% of your investment back instantly.
First post here! IŽll give it a try, should I pm U with the amount I placed at bitcoin-trader.biz? He will see you in his downline with how much you invested. |
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I'm realy interested in the shares since both, te exchange and the coin are very promissing, BUT I have 2 doubts:
1)Can shares be sold? how? is the price fixed?
2)Do I recieve interest fore the sharecoins invested in the shares?
1. Yes, there will be a Fee/BTC market. The market will set the price. 2. No, if you buy FeeShare you no longer have that ShareCoin. thanks for the answers i have to ask: Are you from sharex team? No, I've just read every post on both this and the ShareCoin thread where the DEV has posted this information. I am working on putting together a FAQ and putting it in my Sig or maybe the DEV will link it in his OPs. |
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(...)
3 multipools just like Blackcoin does?
(...)
This one you're absolutely right! I wished Sharecoin had a X11 multipool and a SHA256 multipool also. Zippy, what do you think ? Can't hurt the coin, for sure  (...) To me it is not consistent, unless they use sharecoin as a jumpstart for their real bussiness - Sharex exchange (which again I wish them only the best), that seems like a brilliant plan on their part.(...)
I don't have a doubt about this one from day 1! Sharex is where they'll make their money - but I don't agree with your less optimistic view of it from the point of view of sharecoin. In my opinion, the coin will benefit from it and vice-versa. That's why I invested my sharecoins in FeeShares Anyway, let me also state that it's a rather nice difference from other threads, where trolls, haters and winning little bitches do nothing but complain and spread FUD. While we might not agree and share the same view, at least the discussion is enjoyable and polite. I don't understand the multipool argument. Mine in any multpool you want. Take the BTC to ShareXCoin and buy SHARE. Basically the same as what happens now. Mining directly to ShareXCoin from the multi-pool saves you the .1% commission. But there are other options. |
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I will be more then happy too if 10k remaining shares will get me at least as much as 60k that I sold. But when someone (Smurfs) can fire up a coin just like Sharecoin within weeks
without even bothering to change handwriting , that in itself is a red flag for me. For now sharecoins are just candy wraps and nothing more, all flufff about fairness and green energy is just that FLUFF. Developers seems like not after developing currency (Sharecoin) but about establishing new exchange (Sharex) (I hope it will be successful). Their pricing of FEESHARES is absolutely incorrect from fairness standpoint: If they really want to give 50% in earnings then FEESHARES MUST be traded on Sharex, otherwise it is PONZI in my book. Don't you find it bothersome that they are SO fair in distributing coins but not so much about Feeshares? To me it is not consistent, unless they use sharecoin as a jumpstart for their real bussiness - Sharex exchange (which again I wish them only the best), that seems like a brilliant plan on their part. Good for them. For us holders (not bag yet) of sharecoins, not so much.
One more thing. If they indeed cared about multipool thingy, why don't they have
3 multipools just like Blackcoin does? Why do they offer me to take part in multipool (Scrypt) with my GPUs putting me right from the start in loosing position. (as there is no point to compete with my GPU with dedicated Scr yptminers htat are coming online). I mean if you look at sharecoin under microscope you will REALLY see that sharecoin itself is a jumping board for their exchange, that feeling I had for the past few days since pricing for Feeshares was announced and today appearance of smurfcoin website was last drop.
How come that another developer which has no connection with sharecoin developer could possibly create smurfcoin within days???
i am quite sure that sharecoin developers have their hand in it (code, website ....).
Again I might be mistaking, but for that I left 10k shares which I intend to trade for BTC back and forth when my free time permits.
Alex... to your points. 1. The developer GAVE away the equivalent of 3 FeeShares to 1150 people for free. 2. The FeeShares will trade on a Fee/BTC market on ShareXCoin. This have been stated multiple times. 3. It is very easy to copy something that is open source on Github and on the Web. To run javascript it has to be d/l-ed to the browser, so hence it is pretty easy to clone a web site, at least the front end parts. 4. The price of FeeShare vs BTC is based on the ShareCoin market price. It is the people that got the free distribution that set that price. |
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Well, if the exchange had margin trading I would be so full of BTC right now it would be crazy.
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Guys, I have a very newbie question, I'm sorry but I don't understand this: there are 50.000 feeshares for the community each share costs 20.000 sharecoins 50.000 * 20.000= 1000.000.000 Now If the total Sharecoin's amount is only 100 millions, please can someone explain me how is it possible to sell 50.000 feeshares for a total amount of 1 billion? Really, I think to have a badly confidence with mathematic  I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange. so that 13.5 btc wall isnt the dev's? lols who would buy 3.6+ million coins = to the amount of coins bought by fee shares Who says it's just one person? |
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