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

[djm34]

This is already in the OP, but looks like many of you missed it or intentionally ignored it: https://sharexcoin.com/fee_shares/about
Before making any argument. Try to understand the system first.
Basically, ShareCoin generated from FeeShare will go straight back to the ShareCoin holders through the Exchange interest rate. I explained this multiple times in the thread already.

except for the sharecoins you are selling at whatever price you feel is fair to the multipool?

I will try to rent some miner with StoopidCoin (or BorgCoin) and see if they agree  Who knows it might work

[iopq]

Strange, I mined on the multipool for 24 hours, and it's been two days already and I didn't receive any coins...

Multipool isn't paying out automatically at the moment because it will cause a big loss to miners if auto buying. Instead, after a period, I will payout ShareCoin to Multipool's miner at a fixed price using the ShareCoin generated from FeeShare sale. Then I'll use all bitcoin from the pool place a buy order at that price. This way, miners will get ShareCoin at a better rate.

that's why the price is low, because you're managing the process instead of just buying

wtf? The price is the price the market set. It has nothing to do with when the multipool makes it's buy.

he said he's manipulating the price by withholding multipool orders

[PilotofBTC]

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

I think the plan is like this:

Zip want to start an exchange as his main business, he know his own strengths and weaknesses. He know he's not very good to promote his business and make good marketing. He could hire sales representative, but that's probably too expensive. He also know that a strong community around a loved coin can do miracle (see Dodgecoin).

So he was like How can I motivate some cryptocoin community to promote my business?

His idea: built a new cryptocoin community around a new coin (Sharecoin).

But if his community has no rewrd, they will not promote anything.

His second idea: share the profit of the business. (FeeShare)

His idea is good up to there...  but the fixed rate is meaningless (not market driven, not profit driven) the number of share versus BTC is even not realistic.

His second bad idea: letting people mine on a multipool and give them sharecoins on fix rate: again it isn't market driven (which is kind of funny for someone managing a market)

His third bad idea: Getting all the sharecoins, as it will just kill the coin

Sigh... the multipool distributes/buys at the CURRENT BID... not a fixed rate.

[bitcoin carpenter]

Strange, I mined on the multipool for 24 hours, and it's been two days already and I didn't receive any coins...

Multipool isn't paying out automatically at the moment because it will cause a big loss to miners if auto buying. Instead, after a period, I will payout ShareCoin to Multipool's miner at a fixed price using the ShareCoin generated from FeeShare sale. Then I'll use all bitcoin from the pool place a buy order at that price. This way, miners will get ShareCoin at a better rate.

this seems to be in direct contradiction to

MultiPool distribution: ShareCoin are distributed to the Multipool's miners at the current market price. As the ShareCoin are taken from the FeeShares sell, this won't affect the market price. Threrefore, miners are getting ShareCoin at the best rate available. Join our multipool at:

[ziplibrary]

This is already in the OP, but looks like many of you missed it or intentionally ignored it: https://sharexcoin.com/fee_shares/about
Before making any argument. Try to understand the system first.
Basically, ShareCoin generated from FeeShare will go straight back to the ShareCoin holders through the Exchange interest rate. I explained this multiple times in the thread already.

except for the sharecoins you are selling at whatever price you feel is fair to the multipool?

I'm sending ShareCoin to multipool at a fixed market price at the time of buying using ShareCoin generated from FeeShare, then I place an order at that exact same price with all the bitcoins. Instead of just buying up all sell orders, this will bring more ShareCoin for the multipool's miner so I don't see how can it be unfair for them?

[djm34]

technically miners going to his multipool will just be mining BTC for him and gets whatever he might think is fair in sharecoins
(way way better than following market...  )

[SuerMiner]

What a pity, this free coins is grant over?

[bitcoin carpenter]

This is already in the OP, but looks like many of you missed it or intentionally ignored it: https://sharexcoin.com/fee_shares/about
Before making any argument. Try to understand the system first.
Basically, ShareCoin generated from FeeShare will go straight back to the ShareCoin holders through the Exchange interest rate. I explained this multiple times in the thread already.

except for the sharecoins you are selling at whatever price you feel is fair to the multipool?

I'm sending ShareCoin to multipool at a fixed market price at the time of buying using ShareCoin generated from FeeShare, then I place an order at that exact same price with all the bitcoins. Instead of just buying up all sell orders, this will bring more ShareCoin for the multipool's miner so I don't see how can it be unfair for them?

may have misunderstood.

how are you deciding the fixed market price?
are you buying at the current market price, or just something you feel is proper price?

[proximator]

why sharecoin value is dropping ? 

[ziplibrary]

This is already in the OP, but looks like many of you missed it or intentionally ignored it: https://sharexcoin.com/fee_shares/about
Before making any argument. Try to understand the system first.
Basically, ShareCoin generated from FeeShare will go straight back to the ShareCoin holders through the Exchange interest rate. I explained this multiple times in the thread already.

except for the sharecoins you are selling at whatever price you feel is fair to the multipool?

I'm sending ShareCoin to multipool at a fixed market price at the time of buying using ShareCoin generated from FeeShare, then I place an order at that exact same price with all the bitcoins. Instead of just buying up all sell orders, this will bring more ShareCoin for the multipool's miner so I don't see how can it be unfair for them?

may have misunderstood.

how are you deciding the fixed market price?
are you buying at the current market price, or just something you feel is proper price?

I'm placing a buy order at the current bid rise, of course will skip the small amount bids .

[mugwampbro]

dev  and  community,

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

dev's decision seems unbending, he is into his exchange and let the community deal with the coin that's what i see

That is correct and that is ok with me.

[bitcoin carpenter]

This is already in the OP, but looks like many of you missed it or intentionally ignored it: https://sharexcoin.com/fee_shares/about
Before making any argument. Try to understand the system first.
Basically, ShareCoin generated from FeeShare will go straight back to the ShareCoin holders through the Exchange interest rate. I explained this multiple times in the thread already.

except for the sharecoins you are selling at whatever price you feel is fair to the multipool?

I'm sending ShareCoin to multipool at a fixed market price at the time of buying using ShareCoin generated from FeeShare, then I place an order at that exact same price with all the bitcoins. Instead of just buying up all sell orders, this will bring more ShareCoin for the multipool's miner so I don't see how can it be unfair for them?

may have misunderstood.

how are you deciding the fixed market price?
are you buying at the current market price, or just something you feel is proper price?

I'm placing a buy order at the current bid rise, of course will skip the small amount bids .

that souinds good, i think anything over the 24 hour low would be fair i just wanted the clarity

once again
*applause*

[bitcoin carpenter]

so if we deposit BTC to our mining address you will trade them for sharecoin and add an equivalent buy wall?

[djm34]

so if we deposit BTC to our mining address you will trade them for sharecoin and add an equivalent buy wall?

So fishy, that I am speechless  
Let dev trade for us our BTCs because we can't do it ourselve  
Some people are really asking to be scammed  
(shame on you for suggesting that)

[melosine]

5 hours until the initial distribution is done. Then the FeeShare interest starts to kick in. Interested to see how it works out. 

[djm34]

so if we deposit BTC to our mining address you will trade them for sharecoin and add an equivalent buy wall?

So fishy, that I am speechless  
Let dev trade for us our BTCs because we can't do it ourselve  
Some people are really asking to be scammed  
(shame on you for suggesting that)

How can you speak like that...really now?
Is there somebody forcing you to do any of this? you can mine on waffle multipool and trade the btcs yourself

Why are you talking like somebody is forcing you to do so.

From my point of view the dev is doing a favor to the miners, being able to buy coins for lets say, 1 BTC without modifying the price, means you can buy all the coins at that current price of the market, bringing you more coins, because its pretty hard to find many big walls at one stable price...

Well, troll how much you want...
Ppl who should understand the thing are already understanding it even if trolls try their best

Cheers

People who didn't understand are on many "I have been scammed" thread...
You give back to dev your sharecoin against FeeCoins, then
You rebuy your sharecoin with BTC payment directly in a pool address to a supposedly better rate than market price
This is just telling people to go into some weird IPO (seriously and after that why anybody would buy from the real market and not from the pool )
So your "better buying rate" will just become a bad rate... compared to market

[djm34]

so if we deposit BTC to our mining address you will trade them for sharecoin and add an equivalent buy wall?

So fishy, that I am speechless 
Let dev trade for us our BTCs because we can't do it ourselve 
Some people are really asking to be scammed 
(shame on you for suggesting that)

How can you speak like that...really now?
Is there somebody forcing you to do any of this? you can mine on waffle multipool and trade the btcs yourself

Why are you talking like somebody is forcing you to do so.

From my point of view the dev is doing a favor to the miners, being able to buy coins for lets say, 1 BTC without modifying the price, means you can buy all the coins at that current price of the market, bringing you more coins, because its pretty hard to find many big walls at one stable price...

Well, troll how much you want...
Ppl who should understand the thing are already understanding it even if trolls try their best

Cheers

People who didn't understand are on many "I have been scammed" thread...
You give back to dev your sharecoin against FeeCoins, then
You rebuy your sharecoin with BTC payment directly in a pool address to a supposedly better rate than market price
This is just telling people to go into some weird IPO.

Dude, you don't rebuy anything the dev is not selling freeshares
You did not understood a thing from this.

You buy freeshares.
The sharecoins are distributed to miners from multipool.
The devs buys more sharecoins in the market with those BTC's from multipool, which are distributed for free, to people as an added stake rate in the exchange, and added 30% stake/year to those that already have sharecoins...

I like how you ppl post things considering you don't understand not one thing

repeating myself again, dev exchange FeeShare against Sharecoins. He doesn't need to buy any to give them to the miner
(what is the hashrate of the multipool at the moment ? Your 10BTC example is nice but is it the case atm ?)

[Jebuz]

so if we deposit BTC to our mining address you will trade them for sharecoin and add an equivalent buy wall?

So fishy, that I am speechless  
Let dev trade for us our BTCs because we can't do it ourselve  
Some people are really asking to be scammed  
(shame on you for suggesting that)

How can you speak like that...really now?
Is there somebody forcing you to do any of this? you can mine on waffle multipool and trade the btcs yourself

Why are you talking like somebody is forcing you to do so.

From my point of view the dev is doing a favor to the miners, being able to buy coins for lets say, 1 BTC without modifying the price, means you can buy all the coins at that current price of the market, bringing you more coins, because its pretty hard to find many big walls at one stable price...

Well, troll how much you want...
Ppl who should understand the thing are already understanding it even if trolls try their best

Cheers

People who didn't understand are on many "I have been scammed" thread...
You give back to dev your sharecoin against FeeCoins, then
You rebuy your sharecoin with BTC payment directly in a pool address to a supposedly better rate than market price
This is just telling people to go into some weird IPO.

Dude, you don't rebuy anything the dev is not selling freeshares
You did not understood a thing from this.

You buy freeshares.
The sharecoins are distributed to miners from multipool.
The devs buys more sharecoins in the market with those BTC's from multipool, which are distributed for free, to people as an added stake rate in the exchange, and added 30% stake/year to those that already have sharecoins...

I like how you ppl post things considering you don't understand not one thing

repeating myself again, dev exchange FeeShare against Sharecoins. He doesn't need to buy any to give them to the miner
(what is the hashrate of the multipool at the moment ? Your 10BTC example is nice but is it the case atm ?)

You repeat yourself for nothing...you just refuse to comprehend anything...

Yes...the dev exchange FreeShare for ShareCoins
Yes...the dev give sharecoins to miners
No...the dev does not keep the BTC from miners for himself
Yes...The dev is buying sharecoins with those BTC from miner on the market, creating buying pressure
No...The dev is not keeping sharecoins that he bought for him, he is distributing them for free, as an interest, to all people who already own sharecoins (that means miners who mined on multi pool, will receive some interest, and people who already have sharecoins will receive some interest).

I don't know how much easy can I make it to understand...


if english is not your native langues please tell me your native language, and I'll try to explain you in your language

Ok, I have two questions about that

1. How The dev will to send interest to sharecoins holders? I would be manually...

2. How The dev knows who have sharecoins to send "interest"?

I understand than you aren't talking about POS rewards, that it's mined and don't have any relation with "interest" that you are talking about

[PilotofBTC]

so if we deposit BTC to our mining address you will trade them for sharecoin and add an equivalent buy wall?

So fishy, that I am speechless  
Let dev trade for us our BTCs because we can't do it ourselve  
Some people are really asking to be scammed  
(shame on you for suggesting that)

How can you speak like that...really now?
Is there somebody forcing you to do any of this? you can mine on waffle multipool and trade the btcs yourself

Why are you talking like somebody is forcing you to do so.

From my point of view the dev is doing a favor to the miners, being able to buy coins for lets say, 1 BTC without modifying the price, means you can buy all the coins at that current price of the market, bringing you more coins, because its pretty hard to find many big walls at one stable price...

Well, troll how much you want...
Ppl who should understand the thing are already understanding it even if trolls try their best

Cheers

People who didn't understand are on many "I have been scammed" thread...
You give back to dev your sharecoin against FeeCoins, then
You rebuy your sharecoin with BTC payment directly in a pool address to a supposedly better rate than market price
This is just telling people to go into some weird IPO.

Dude, you don't rebuy anything the dev is not selling freeshares
You did not understood a thing from this.

You buy freeshares.
The sharecoins are distributed to miners from multipool.
The devs buys more sharecoins in the market with those BTC's from multipool, which are distributed for free, to people as an added stake rate in the exchange, and added 30% stake/year to those that already have sharecoins...

I like how you ppl post things considering you don't understand not one thing

repeating myself again, dev exchange FeeShare against Sharecoins. He doesn't need to buy any to give them to the miner
(what is the hashrate of the multipool at the moment ? Your 10BTC example is nice but is it the case atm ?)

You repeat yourself for nothing...you just refuse to comprehend anything...

Yes...the dev exchange FreeShare for ShareCoins
Yes...the dev give sharecoins to miners
No...the dev does not keep the BTC from miners for himself
Yes...The dev is buying sharecoins with those BTC from miner on the market, creating buying pressure
No...The dev is not keeping sharecoins that he bought for him, he is distributing them for free, as an interest, to all people who already own sharecoins (that means miners who mined on multi pool, will receive some interest, and people who already have sharecoins will receive some interest).

I don't know how much easy can I make it to understand...


if english is not your native langues please tell me your native language, and I'll try to explain you in your language

Ok, I have two questions about that

1. How The dev will to send interest to sharecoins holders? I would be manually...

2. How The dev knows who have sharecoins to send "interest"?

I understand than you aren't talking about POS rewards, that it's mined and don't have any relation with "interest" that you are talking about

The interest is paid from the exchange on shares you hold in the exchange. The exchange knows your balance on the exchange. The interest is deposited to your ShareXCoin SHARE balance. Easy peasy.

[djm34]

so if we deposit BTC to our mining address you will trade them for sharecoin and add an equivalent buy wall?

So fishy, that I am speechless 
Let dev trade for us our BTCs because we can't do it ourselve 
Some people are really asking to be scammed 
(shame on you for suggesting that)

How can you speak like that...really now?
Is there somebody forcing you to do any of this? you can mine on waffle multipool and trade the btcs yourself

Why are you talking like somebody is forcing you to do so.

From my point of view the dev is doing a favor to the miners, being able to buy coins for lets say, 1 BTC without modifying the price, means you can buy all the coins at that current price of the market, bringing you more coins, because its pretty hard to find many big walls at one stable price...

Well, troll how much you want...
Ppl who should understand the thing are already understanding it even if trolls try their best

Cheers

People who didn't understand are on many "I have been scammed" thread...
You give back to dev your sharecoin against FeeCoins, then
You rebuy your sharecoin with BTC payment directly in a pool address to a supposedly better rate than market price
This is just telling people to go into some weird IPO.

Dude, you don't rebuy anything the dev is not selling freeshares
You did not understood a thing from this.

You buy freeshares.
The sharecoins are distributed to miners from multipool.
The devs buys more sharecoins in the market with those BTC's from multipool, which are distributed for free, to people as an added stake rate in the exchange, and added 30% stake/year to those that already have sharecoins...

I like how you ppl post things considering you don't understand not one thing

repeating myself again, dev exchange FeeShare against Sharecoins. He doesn't need to buy any to give them to the miner
(what is the hashrate of the multipool at the moment ? Your 10BTC example is nice but is it the case atm ?)

You repeat yourself for nothing...you just refuse to comprehend anything...

Yes...the dev exchange FreeShare for ShareCoins
Yes...the dev give sharecoins to miners
No...the dev does not keep the BTC from miners for himself
Yes...The dev is buying sharecoins with those BTC from miner on the market, creating buying pressure
No...The dev is not keeping sharecoins that he bought for him, he is distributing them for free, as an interest, to all people who already own sharecoins (that means miners who mined on multi pool, will receive some interest, and people who already have sharecoins will receive some interest).

I don't know how much easy can I make it to understand...


if english is not your native langues please tell me your native language, and I'll try to explain you in your language

try french, it will be funny 
(and the interest are from POS)