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Author Topic: [ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness  (Read 293205 times)
Majormax
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May 08, 2014, 06:01:27 PM
 #3901

how to enable POS mining?
leave your wallet open.

How do I know it's working?

Only this :

If your wallet has received transactions of at least 50,000 in size, if you haven't sent any coins out (for at least 24hrs), if the wallet has been open for 48hrs constantly using a fairly fast CPU...and you haven't received stake, then something is wrong.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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leekua
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May 08, 2014, 06:02:58 PM
 #3902

how to enable POS mining?
leave your wallet open.

How do I know it's working?

unlock your wallet then leave it online..that will result your balance(coin) into POS mining mode
trankil
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May 08, 2014, 06:04:54 PM
 #3903

why pending transfert is so long... 1 hour i waiting for sell my sharecoin
jonesT
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May 08, 2014, 06:10:39 PM
 #3904


PilotofBTC
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May 08, 2014, 06:11:13 PM
 #3905

You ppl are missing the most important thing here.
You know that if the coin will be profitable, the multipool can generate up to 50 BTC / day.
That is 25 BTC / day pure revenue for the 50% freeshares.

So, the exchange is doing a good thing for the community right here...
Its a win-win situation.

Miners are attracted by the very best price for which the coins are bought and distributed to them, since the coins are coming from freeshare buyers.
Sharecoin owners will think twice before dumping a coin.

And the dev is keeping only 50% of revenue for him.

1 x freeshare will bring you 0,003% from 25 BTC / day... that is 0.0075 BTC. That is 3$/day for as long as the exchange lives from a 50$ investment.

And I did not even included the revenue from trading fees

isnt the formula like this?  x BTC x .001(tx fee x (1/100000) fee share = xBTC of 1 share  if im wrong pls correct me ^^,


No. The formula is like this

TBTC = trading volume
MBTC

(TBTC x 0.1) x 0.003 = xBTC for 1 share generated from the revenue coming from the exchange trading fee
MBTC / 100.000 = yBTC for 1 share generated from the revenue coming from the multipoo

xBTC + yBTC = BTC for 1 SHARE

First it is .1% not 1% which is TBTC * .0001 (.1%) I'm not sure what your .003 is?

TradingVolume * .001 (TradingFee) = TradingRevenue

TradingRevnue * .00001 (FeeShareOwnwership) = FeeShareRevenue

Also, you are dividing the total MultiPool BTC by 100,000 fee Shares. The FeeShares will only share .1% of that. So...

MBTC * .0001 * .00001 = yBTC
mugwampbro
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May 08, 2014, 06:11:43 PM
 #3906

Totally agree. Feeshare pricing has reduced my interest in the Coin. If this pricing continues, the coin can never succeed, sorry to say.

+1

This is what the dev obviously doesn't understand. 1 step back means 2 steps forward. But obviously he thinks only shortterm.

Looks like the community is speaking loud and clear again and again....if sharexcoin does not make a change with this pricing and structure...sorry to say, it might fail miserably. And I write this from page 191 on this thread, 6 back from the end of the ranting.



Freeshare should remain at the same price.
There is nothing wrong with the price.

124 freeshare sold already.

Freeshares are not to be sold to any cheap ass dude who wanna become rich overnight.
Freeshares are there to support the exchange on the long term.
Only ppl who can understand marketing will know the real value of freeshares in combination to owning some sharecoin.

Poor cheap ass ppl should stay away from this, since they already cry like babies because freeshares are too expensive for them to buy with the coins that have been distributed to them free of charge.

So....STFU already and go get a real job. Begging for money on the internet make you look like a pest.

Go learn some marketing and understand the true purpose of freeshares. They are not suppose to bring you money overnight you twats.

So go start bitchin.g somewhere else.


you stop bitchin buddy, i know what you are talking about and be realistic yourself, or maybe you don't knw math at all.. every investors consider certain factor not just jumping before thinking, if this investor saw that the proposition isn't profitable for them then they will back out, and if you know investors keep the market alive and kicking no matter how small they are, at this point, sharecoin needs investor, and one thing that attracts that investor atm  is that feeshare, else sharecoin is just another ordinary pump and dump coin


Can't say much to you, because you contradict yourself, but you have a wrong expectation... investment does not mean to buy something and wait for it to magically worth more overnight. You have to wake up from that dream, or you can go speculate an altcoin which waits to be pumped by some smart ppl who make lots of money from cheap ass like you.

1. You own sharecoins
2. You buy more sharecoins from cheap ass twats
3. You buy some more sharecoins
4. You buy some freeshare to support the exchange which is backing up the coin in a perfect harmony which seems its very hard to be comprehended by cheap ass twats
5. You do whatever you can to spread the word
6. Buy some more sharecoins
7. Spread more words

You cheap ass twats are missing one point, the freeshares are not the investment right here.
You don't support the bakery with money to bring you money back, you want quality bread.

Yes, dev is making money, so what? Go be able to achieve what he is able to achieve right now and stop BITCHIN.G already you pests.

Just dump your coins already for a dime and get over it. Go buy some shitcoins and wait for them to be pumped.

just do the math and shame yourself ..

He DID the math! but his calculator was 'MADE IN CHINA'  Grin

Nxtblg
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May 08, 2014, 06:12:14 PM
 #3907

I'm thinking about spending half of the ShareCoins and buy Feecoins and keeping the other half as Shares. What are you going to do?

Myself, I'm in the process of throwing in almost all of my allocation for three feeshares. Not a worry for me, as I bought 100,000 more which I'm holding onto for staking. At a loss atm, but that's how markets work when a coin's new. Smiley

Also, as y'all can see below, I changed my signature to flog Sharex (hint, hint...)






██████████████████████████████████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████████████████████████
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█████████████████████████████████████████████████████████████████████████████████████████████████





...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






Nxtblg
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May 08, 2014, 06:14:12 PM
 #3908

There are only 100K FeeShares while there are 100 million ShareCoin
50k FeeShare is worth 500M ShareCoin, while there is only 100M
and obviously 100k FeeShares = 1 billion ShareCoin while there is still only 100M

There's already more than 100 million SHARE. The new ones come from the staking.






██████████████████████████████████████████████████████████████████████████████████████████████
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█████████████████████████████████████████████████████████████████████████████████████████████████





...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






JeffK
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May 08, 2014, 06:15:37 PM
 #3909

I'm thinking about spending half of the ShareCoins and buy Feecoins and keeping the other half as Shares. What are you going to do?

Myself, I'm in the process of throwing in almost all of my allocation for three feeshares. Not a worry for me, as I bought 100,000 more which I'm holding onto for staking. At a loss atm, but that's how markets work when a coin's new. Smiley

Also, as y'all can see below, I changed my signature to flog Sharex (hint, hint...)


I will change my signature too with a link to SHAREXCOIN. I's the community who has to push a little the exchange.
PilotofBTC
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May 08, 2014, 06:15:46 PM
 #3910

There are only 100K FeeShares while there are 100 million ShareCoin
50k FeeShare is worth 500M ShareCoin, while there is only 100M
and obviously 100k FeeShares = 1 billion ShareCoin while there is still only 100M

There's already more than 100 million SHARE. The new ones come from the staking.

Yep, currently 100063215.302208.

Are you missing an I in your sig?
mugwampbro
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May 08, 2014, 06:16:55 PM
 #3911

Totally agree. Feeshare pricing has reduced my interest in the Coin. If this pricing continues, the coin can never succeed, sorry to say.

+1

This is what the dev obviously doesn't understand. 1 step back means 2 steps forward. But obviously he thinks only shortterm.

Looks like the community is speaking loud and clear again and again....if sharexcoin does not make a change with this pricing and structure...sorry to say, it might fail miserably. And I write this from page 191 on this thread, 6 back from the end of the ranting.



Freeshare should remain at the same price.
There is nothing wrong with the price.

124 freeshare sold already.

Freeshares are not to be sold to any cheap ass dude who wanna become rich overnight.
Freeshares are there to support the exchange on the long term.
Only ppl who can understand marketing will know the real value of freeshares in combination to owning some sharecoin.

Poor cheap ass ppl should stay away from this, since they already cry like babies because freeshares are too expensive for them to buy with the coins that have been distributed to them free of charge.

So....STFU already and go get a real job. Begging for money on the internet make you look like a pest.

Go learn some marketing and understand the true purpose of freeshares. They are not suppose to bring you money overnight you twats.

So go start bitchin.g somewhere else.


you stop bitchin buddy, i know what you are talking about and be realistic yourself, or maybe you don't knw math at all.. every investors consider certain factor not just jumping before thinking, if this investor saw that the proposition isn't profitable for them then they will back out, and if you know investors keep the market alive and kicking no matter how small they are, at this point, sharecoin needs investor, and one thing that attracts that investor atm  is that feeshare, else sharecoin is just another ordinary pump and dump coin


Can't say much to you, because you contradict yourself, but you have a wrong expectation... investment does not mean to buy something and wait for it to magically worth more overnight. You have to wake up from that dream, or you can go speculate an altcoin which waits to be pumped by some smart ppl who make lots of money from cheap ass like you.

1. You own sharecoins
2. You buy more sharecoins from cheap ass twats
3. You buy some more sharecoins
4. You buy some freeshare to support the exchange which is backing up the coin in a perfect harmony which seems its very hard to be comprehended by cheap ass twats
5. You do whatever you can to spread the word
6. Buy some more sharecoins
7. Spread more words

You cheap ass twats are missing one point, the freeshares are not the investment right here.
You don't support the bakery with money to bring you money back, you want quality bread.

Yes, dev is making money, so what? Go be able to achieve what he is able to achieve right now and stop BITCHIN.G already you pests.

Just dump your coins already for a dime and get over it. Go buy some shitcoins and wait for them to be pumped.

just do the math and shame yourself ..


Using math in marketing investments its just wrong...almost stupid
Spotting marketing potential is something else.

I used math before, and I always lost.
Since I started thinking out of the box and mid-long term, I never lost a peny.

Good luck with your math and have fun.

This is my last post, its pointless to try and make some cheap twats to understand a thing when that thing can't bring them fast profits.

This guy is a regular BRAINIAC Grin       (see red above) SEE? Chinese calculator. he-he

naphariel
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May 08, 2014, 06:17:12 PM
 #3912

So I take it the console commands like setgenerate and getmininginfo only relate to the built-in pow miner and have nothing to do with the pos wallet, right?

Because getmininginfo shows me mining is disabled.
neilh
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May 08, 2014, 06:19:22 PM
 #3913

Didn't see in the OP or the FeeShare about page mention
the multipool revenue was included?

It simply states:

"Each FeeShare will give the FeeShare's holder 0.001% revenue from Sharexcoin"


So I presumed it's revenue generated from the exchange.
As the multipool is not (yet?) integrated into the Sharexcoin
site.

This does make a difference, so dev is there plans to add
the multipool directly on the Sharexcoin site?
Nxtblg
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May 08, 2014, 06:19:43 PM
 #3914

There are only 100K FeeShares while there are 100 million ShareCoin
50k FeeShare is worth 500M ShareCoin, while there is only 100M
and obviously 100k FeeShares = 1 billion ShareCoin while there is still only 100M

There's already more than 100 million SHARE. The new ones come from the staking.

Yep, currently 100063215.302208.

Are you missing an I in your sig?

Yes; I just changed it. Thanks for spotting it!






██████████████████████████████████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████████████████████████
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███████████████████████████████████████████████████████████████████████▀▀▀████████████████████████
██████████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████████





...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






jiosefjd
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May 08, 2014, 06:24:28 PM
 #3915

Anyone have any idea why my wallet won't sync past block 6026? I have v1.6.
twospirit
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May 08, 2014, 06:25:52 PM
 #3916

This coin is a work of genius  Grin
trankil
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May 08, 2014, 06:32:25 PM
 #3917

2 hours i'm waiting to receive on sharexcoin.com the sharecoin i have send from my wallet

status is "pending"  how long is take??
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May 08, 2014, 06:35:07 PM
 #3918

Anyone have any idea why my wallet won't sync past block 6026? I have v1.6.


Close the wallet, delete peers.dat from C:\Users\<your_username>\AppData\Roaming\ShareCoin


Hmm, I tried that, but there is no "ShareCoin" folder in the "Roaming" folder.
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May 08, 2014, 06:38:49 PM
 #3919

If I send my SHARE to the exchange now I will start staking at 60% rate or it didn't start yet?
Not yet, staking will start when the initial FeeShare sale closed and will stop when no ShareCoin is left in the exchange's wallet.
And FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner, and stop when no ShareCoin left, and the FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner and will stop when no ShareCoin left and will open again,etc..... this keep on going until 50,000 FeeShare  are distributed to the community.

50000 Feeshare get distributed to the community ?
How many Sharecoins is there ? What is the interest rate ?
Read it here: https://sharexcoin.com/fee_shares/about
so at the moment there are 10x more FeeShares than ShareCoins and only ShareCoins can buy FeeShares.
So technically ShareCoins are more rare than FeeShares.
Sorry but your FeeShare are way overpriced


Riddle me this Batman.
1) did you get FREE Share coin or buy?
2) If free...do you still have them?

mugwampbro
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May 08, 2014, 06:44:43 PM
 #3920

You ppl are missing the most important thing here.
You know that if the coin will be profitable, the multipool can generate up to 50 BTC / day.
That is 25 BTC / day pure revenue for the 50% freeshares.

So, the exchange is doing a good thing for the community right here...
Its a win-win situation.

Miners are attracted by the very best price for which the coins are bought and distributed to them, since the coins are coming from freeshare buyers.
Sharecoin owners will think twice before dumping a coin.

And the dev is keeping only 50% of revenue for him.

1 x freeshare will bring you 0,003% from 25 BTC / day... that is 0.0075 BTC. That is 3$/day for as long as the exchange lives from a 50$ investment.

And I did not even included the revenue from trading fees


I smell a caiculator...

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