[ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness

[testadimerlo]

you guys just have to see the golden fruit in the forest.

what we have here is another pos copycat coin aalthough in this case it is more like a mix between mint coin and blackcoin.
pure pos proper distribution...... all good but been there done that.
exchange, shares instead of ipo, profit sharing, business model included.

so basically a benchmark where if price drops below 200 you can buy shares and recover losses, and speculation to drive the price up.
atm you can buy all the sharecoin for 300 BTC

opportunity is a knockin.
after the dip of profit mongers selling their coins
this is gonna be a rock solid coin

I'm starting to think so too.
I'm holding but for the first time I wish one sharecoin less than 90 satoshi. Then, I'll prepare myself for the space  

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[Nxtblg]

The true purpose of ShareCoin is to distribute FeeShare to community, but if holding ShareCoin is more profitable than holding FeeShare, you guys can just hold your ShareCoin, nobody is forcing you to do anything. But the distribution method of FeeShare will never change. It can only be purchased by ShareCoin until 50% of the FeeShare are sold.

And I can explain why. If ziplibrary lowers the price of the feeshares, where does that leave everyone that already bought them at 20,000?  

[bitcoin carpenter]

Exchanged my sharecoins for Feeshares. Maybe I will see ROI in a year, maybe in 5 months.. or never. Let's see what the dev is up to

Yeah...I exchanged the bulk of my free coins for 3 feeshares. Didn't hurt in the least.

same

then i bought 1 mil more at 280

gonna buy 2 mil more when my btc get in

[Pabbles]

358 Feeshares sold.

#200 and #358 are mine ^_^

After passing through the gauntlet that was VirWox, and ending up with something like 50 of my 60 USD left intact in Bitcoin form, I'm going to enjoy that stream of small but steady Satoshis

By the way, First Post, hi!

[Majormax]

Why do you do this "Exchange interest: Keeping ShareCoin inside the exchange will let you earn interest on ShareCoin itself. The interest  is twice as much the ShareCoin's stake interest rate at that time. " ?
If keep the coins at the exchange will be more profitable than to keep them independently then  people will keep them at your exchange. But then active nodes  will be few. And the network will be susceptible to attacks. The network will be centralized  
Do not make a double interest rate!!! Let Sharecoin will be decentralized!!

+1

The Feeshare and exchange structure , as I said previously, seems to be crushing the coin price.

I thought this one might have been good, but I suppose there has to be a flaw in everything.

[Nxtblg]

The true purpose of ShareCoin is to distribute FeeShare to community, but if holding ShareCoin is more profitable than holding FeeShare, you guys can just hold your ShareCoin, nobody is forcing you to do anything. But the distribution method of FeeShare will never change. It can only be purchased by ShareCoin until 50% of the FeeShare are sold.

Sorry dev, but we gonna add new purposes to the ShareCoin

Uh-oh!

[SlientBit]

358 Feeshares sold.

#200 and #358 are mine ^_^

After passing through the gauntlet that was VirWox, and ending up with something like 50 of my 60 USD left intact in Bitcoin form, I'm going to enjoy that stream of small but steady Satoshis

By the way, First Post, hi!

Welcome, Pabbles

[Nxtblg]

358 Feeshares sold.

#200 and #358 are mine ^_^

After passing through the gauntlet that was VirWox, and ending up with something like 50 of my 60 USD left intact in Bitcoin form, I'm going to enjoy that stream of small but steady Satoshis

By the way, First Post, hi!

Welcome, Pabbles

Yes, welcome. I think you'll find that you picked the right thread to start posting in.

[bitcoin carpenter]

The true purpose of ShareCoin is to distribute FeeShare to community, but if holding ShareCoin is more profitable than holding FeeShare, you guys can just hold your ShareCoin, nobody is forcing you to do anything. But the distribution method of FeeShare will never change. It can only be purchased by ShareCoin until 50% of the FeeShare are sold.

Sorry dev, but we gonna add new purposes to the ShareCoin

Uh-oh!

its a win win for them until mintpal takes on sharecoin we will all be doing our trading on sharex
the more feeshares they own the more profit they make off of a growing sharecoin.

and if enough of us stay on sharex and it can compete, say with 1000 btc traded/day all those that bought sharecoin low will be making off with a hefty profit while the sharecoin economy suffers very little from the profit taking because the profit is distributed to all the feeshare holders evenly.

basically they have given a sweet reason to be a bagholder.

[bitcoin carpenter]

go ahead and sell me 2 mil more sharecoins the wall is mine =)

[Nxtblg]

The true purpose of ShareCoin is to distribute FeeShare to community, but if holding ShareCoin is more profitable than holding FeeShare, you guys can just hold your ShareCoin, nobody is forcing you to do anything. But the distribution method of FeeShare will never change. It can only be purchased by ShareCoin until 50% of the FeeShare are sold.

Sorry dev, but we gonna add new purposes to the ShareCoin

Uh-oh!

its a win win for them until mintpal takes on sharecoin we will all be doing our trading on sharex
the more feeshares they own the more profit they make off of a growing sharecoin.

and if enough of us stay on sharex and it can compete, say with 1000 btc traded/day all those that bought sharecoin low will be making off with a hefty profit while the sharecoin economy suffers very little from the profit taking because the profit is distributed to all the feeshare holders evenly.

basically they have given a sweet reason to be a bagholder.

Yes. That's why I'm still excited about this coin.

[bitcoin carpenter]

gonna buy the sell wall 300 is still chaep imho

[mugwampbro]

1)BY now, everyone that thoroughly read this thread should understand how feeshares work.
BUY THEM OR DON"T BUY THEM..SIMPLE.

2)Jeffk..I have to agree with qawzsx on this one..nobody really gives a shit about your financial moves. You don't have to leave but quit already with the page long pics. You made a decision and you don't have to justify it to anybody.

3) this is quoted from the DEV: "ShareCoin is just a tool to distribute FeeShare, it has no real value without FeeShare" We'll see about that

[fsb4000]

WOW 



fsb4K does raise a relevant issue. That of network security when there's no distributed mining .
'cause if everybody leaves all their Sharecoins in the exchange to maximize the PoS revenue, then all the staking (read: PoS mining) is done within the exchange and its wallet 

Zippy, can you address this and explain how/why it may or may not be a problem? Thanks

The network is not at risk even with 1 node up.
You need 51% of the total coins too, to manage a successful attack.
So no worry

you need 51% pos mining coins, not 51% total coins.
if you DDOS sharexcoin than their coins will not participate in POS mining some time....

[ficklepickle]

http://www.sharecoin.support

Lets get the community more involved into this project.

I just posted two ideas but I have more, is that alright to post more than one‽   

[leekua]

http://www.sharecoin.support

Lets get the community more involved into this project.

I just posted two ideas but I have more, is that alright to post more than one‽   

it's alright dude, Go ahead 

after all its one of the purpose of this thread.

Cheers!

[ficklepickle]

http://www.sharecoin.support

Lets get the community more involved into this project.

I just posted two ideas but I have more, is that alright to post more than one‽   

There is no problem, but should be ideas that can be achieved by the community alone for the start
In time, we can start bigger projects to.

I started to work on a big project already involving ShareCoin for the start.
I hope I can release it in a month or two.

Cools, I do a lot of brainstorming over at Black Dragon Coin but I can help here as well.  Go team Sharecoin!

[bitcoin carpenter]

please add BC on sharex possibly a pair for BC/Share also Doge/share and Litecoin/share
if you want us to use you you gotta make it easy

[testadimerlo]

To go down till 180 sat for a better distribution of the feeshares sounds reasonable?

[theboccet]

is the appliance to sharecoin is over?