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

[Majormax]

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!!!

That is the driving force for the price. A negative feedback loop the like of which hasn't ever been seen in altcoins. Only ~1% of feeshares has been sold so far, and the sharecoin used and recycled (resold) to the market is 10% of the entire issue !  A long way to go.

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[k!lowatts]

how is the feeshare distributed to sharecoin holders?

[hedgy73]

how is the feeshare distributed to sharecoin holders?

Good question I was wondering about that too as I still have all of my sharecoin allocation.

[lionheart78]

how is the feeshare distributed to sharecoin holders?

Good question, I still have all of my sharecoin allocation.

that one isnt clarified yet or maybe i have missed the page, and about holding sharecoin and feeshare, you can't get feeshare if you dont want to let go of your sharecoin.. meaning you need to lose one to gain one

[turtlerabbit]

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.

[djm34]

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!!!

yep still high, as people having bought for several BTC worth of sharecoins keep holding them rather than exchanging for the (worthless) IPO feeshares.
Anybody having received dividends from the feeshares (since it is supposed to pay every 6 hours) ?

[YYmeans]

dev  and  community,

We must cooperate with each other if we want both sharecoin and sharexcoin to be successful.
They are integrated！

[degel_x]

I recived my Share y cannot even Sync, alredy put my ShareCoin.conf and i'm stuck at block 4999 

[djm34]

I recived my Share y cannot even Sync, alredy put my ShareCoin.conf and i'm stuck at block 4999 

you need to update your wallet

[getmining.info]

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.

that is if you let your sharecoin sit in the exchange for the whole year else it will only the fraction of that 30% * 2

So it's a PoS Pool Was trying to explain this to a NEM dude, imagine a world without PoW.. I think a someone mentioned it when NXT first launched..

I'd rather sit on my free coins, keep them under the bed in a box so to speak, not much to lose.

Maybe be more incentivised if I knew how many and the coin age over time that were in the "ShareX Bank"

Fee shares will work if ShareX works, I hope next up is an API 

[turtlerabbit]

what i see is that the community doesn't understand the whole feeshare mechanics and is getting confused.

[ziplibrary]

I recived my Share y cannot even Sync, alredy put my ShareCoin.conf and i'm stuck at block 4999  

You are prbably using the wrong version. Update to the latest version here to receive your coins: https://www.dropbox.com/s/75gthaoaqn9ebpm/Sharecoin-Qt-1.6.0.0-Win.zip

[lionheart78]

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

[bitcoin carpenter]

what i see is that the community doesn't understand the whole feeshare mechanics and is getting confused.

i think there is just alot of confused babble being thrown around to help get the price down lower....
good for me though I would still like to get my hands on 4 or 5 million more

[turtlerabbit]

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.

[ziplibrary]

I am still a little bit confused about that staking...  
How often should i open my wallet for best profit:

1. Once / week
2. Once / day
3. Keep it open 24 / 7
4. Other

Thanks in advance.

You won't need to open your wallet, it will stake as long as your address has balance in the network.

[lionheart78]

what i see is that the community doesn't understand the whole feeshare mechanics and is getting confused.

i think there is just alot of confused babble being thrown around to help get the price down lower....
good for me though I would still like to get my hands on 4 or 5 million more

yeah but it is still a gamble who knws maybe after the dump coin value will rise or maybe will stay till it gets worthless ^^ and there comes feeshare to give value even if sharecoin become worthless.. but feeshare will be valuable if sharecoin become shitcoin  

edit: so feeshare is like a fail safe button for sharecoin that was pressed too early even before the coin needs it

[Majormax]

I am still a little bit confused about that staking...  
How often should i open my wallet for best profit:

1. Once / week
2. Once / day
3. Keep it open 24 / 7
4. Other

Thanks in advance.

You won't need to open your wallet, it will stake as long as your address has balance in the network.

How does that work ?  Do open wallets not maintain the network ?

[djm34]

ok sold my sharecoin in that little pump.
As say the dolphins: So long and thanks for the fishes

ps: I think it is scammy in the design, that's why I don't want to be part of it (and usually I am rather a holder)

[iopq]

Vote sharecoin on mintpal, ignore overpriced feeshares