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

[melosine]

If people get interest for leaving their coins in the exchange doesn't that undrmine the cryptocurrency's inherent decentralization? Cause so many coins will be centralized in one wallet? I may misunderstand the concept but that's what I'm wondering about.

[ziplibrary]

Hey @Zip,
is the share address in the op yours?

The address in the donation section is mine.

[.cryptic.]

No, FeeShare sale will close 3 days after all ShareCoin are distributed, given everyone a chance to get their hand on FeeShare.

Whats the plan for the unsold shares?
Also in an unlikely event, if not enough share are sold, how will you generate the 2XPOS for exchange coins and pay out the multipool?

[.cryptic.]

If people get interest for leaving their coins in the exchange doesn't that undrmine the cryptocurrency's inherent decentralization? Cause so many coins will be centralized in one wallet? I may misunderstand the concept but that's what I'm wondering about.

+1
It also gives the coin a single point of failure, once the exchange is hacked, most of the coins are lost.
I have seen many experts saying never to leave the coins in exchange in this same forum. (But none of the coins offered twice POS rate though  )

[bitcoin carpenter]

If 20000 sharecoin=1 feeshare, I am afraid the price of sharecoin might go downwards.

yep developers are pricing sharecoin at about 50....
fair is fair though, and if it gets that low i will buy up a bunch

seems like the coin is a cool stunt to create an exchange which if successful will help pump the coin.
all you guys dreaming that your free coins are worth 1000 atm are crazy though, but once the exchange is doing a couple thousand btc trades a day im sure it will go that high

[andwelly]

very nice coin.very fair.i am very interesting.

[btccoffee]

No, I don't have one, 

[ziplibrary]

No, FeeShare sale will close 3 days after all ShareCoin are distributed, given everyone a chance to get their hand on FeeShare.

Whats the plan for the unsold shares?
Also in an unlikely event, if not enough share are sold, how will you generate the 2XPOS for exchange coins and pay out the multipool?

I wrote all about it here: https://sharexcoin.com/fee_shares/about

[loveinberlin]

I made a good choice , the coin is so popular.
Great dev team , multipool, own exchange platform  and so on .
Can't wait to get my share!

[leetrump]

looking forward to gambling website,The Brazil world cup is coming....We need to gamble feature

[wasamata]

If 20000 sharecoin=1 feeshare, I am afraid the price of sharecoin might go downwards.

fud
They just want to buy share cheap so they can get more feeshares. May them pay it up

[samysamy1]

Quote from Sharexcoin.com

ShareCoin Re-Distribution

ShareCoin generated from FeeShares sale will be distributed back to the community in 2 ways:
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:
Exchange interest: Keeping ShareCoin inside the exchange will let you earn interest on ShareCoin itself. The interest rate is twice as much the ShareCoin's stake interest rate at that time.

Dear dev,

my question is about the exchange interest:
for the first year, I can get 60%.   How long will the interests be paid?  Each 24 hours as in our own wallet?

Half of the coins are paid by the coin's stake itself. The other half is paid by the ShareCoin generated from FeeShare sale.

Some clarification please. I don't understand the second part.

[leetrump]

looking forward to gambling website,The Brazil world cup is coming....We need to gamble feature

We may gamble with BTC and ShareCoin.

If you are btc38 ,please add sharecoin to exchange

[loveinberlin]

I think we should vote here https://www.mintpal.com/voting ,though we have our own exchange.
More supporters is not a bad thing .

[YYmeans]

looking forward to gambling website,The Brazil world cup is coming....We need to gamble feature

We may gamble with BTC and ShareCoin.

If you are btc38 ,please add sharecoin to exchange

Obviously,he is not.

[leetrump]

I think we should vote here https://www.mintpal.com/voting ,though we have our own exchange.
More supporters is not a bad thing .

+10086

[littlewizard]

No, FeeShare sale will close 3 days after all ShareCoin are distributed, given everyone a chance to get their hand on FeeShare.

Whats the plan for the unsold shares?
Also in an unlikely event, if not enough share are sold, how will you generate the 2XPOS for exchange coins and pay out the multipool?

I wrote all about it here: https://sharexcoin.com/fee_shares/about

Hi Zip, the exchange site looks very good to me, there is one thing i worry:
the exchange fee is 1%, is it too high?
Because I see a lot of exchange, such as btc-e, mintpal, cryptsy all have fee of around 0.1-0.2%.

[wenhuaren]

I have for trading site shares, look better, and I have low investment of some sharecoin, hope to be able to fly to the moon.

[Lucky_U]

dev, what about multipool payouts??

[Not_WEB]

dev, what about multipool payouts??

dev is maybe waiting for initial distibution ends.