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

[SlientBit]

I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange.

Yes, that trumps the initial math and allows for, eventually, all the feeshares to be sold, all right ... but, so far, no redistribution has taken place to miners and no PoS in Exchange either 

[F35plane]

Guys, I have a very newbie question, I'm sorry but I don't understand this:

there are 50.000 feeshares for the community
each share costs 20.000 sharecoins
50.000 * 20.000= 1000.000.000

Now

If the total Sharecoin's amount is only 100 millions, please can someone explain me how is it possible to sell 50.000 feeshares for a total amount of 1 billion?
Really, I think to have a badly confidence with mathematic  

It's 5,000 feeshares for inicial sell.
Check it out here  https://sharexcoin.com/fee_shares/about

5% (5,000 FEEs) are sold to the publish on May 10, 2014 when ShareXcoin first launched.
45% (45,000 FEEs) will be sold periodly to the public.
50% of the FEEs will never be sold. They belong to ShareXcoin.

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.

[PilotofBTC]

I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange.

Yes, that trumps the initial math and allows for, eventually, all the feeshares to be sold, all right ... but, so far, no redistribution has taken place to miners and no PoS in Exchange either 

That's half correct. The first distribution from the multipool took place a few days ago and a buy order was placed on the exchange for the equivalent amount of Bitcoin.

[JeffK]

I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange.

Yes, that trumps the initial math and allows for, eventually, all the feeshares to be sold, all right ... but, so far, no redistribution has taken place to miners and no PoS in Exchange either 

Redistribution has taken place to miners. I received my sharecoins a couple of days ago

[SlientBit]

The moment I saw those smurfscoin, I sold 90% of my Sharecoins, left 10k Shares just in case. Good luck to all who holds Shares, from the look of things you will need luck indeed.

Can't understand why you didn't dump it all, ffs  

Ans while at that, I'll make you an offer: 1 satoshi for each strumpfcoin you're going to get - you are dumping 90% of it as soon has you get them, right? being that there's a pre-copy cat and all, LMAO

[alexminer]

It is not about copycat. If you look for instance at mintcoin. It is mainly POS and it does have way more successful exchange then sharex and still it is trending down for the past 2 months. I believe sharecoin will do the same and if it hold its ground I will reconsider my decision. As it stands now, any new coin needs to be more then just being FAIR, it is bussiness not a festival who is more fair in distribution. Most of all I don't see a roadmap that developers draw us here as successful. Again I might be wrong and for that very reason I left 10k Shares as a pure gamble stake. Sorry chaps, it is strictly bussiness for me, no rosy glasses which I lost when altcoin number went over 100.

[SlientBit]

That's half correct. The first distribution from the multipool took place a few days ago and a buy order was placed on the exchange for the equivalent amount of Bitcoin.

Redistribution has taken place to miners. I received my sharecoins a couple of days ago

My bad, then  (got to check that damn scrypt miner, where the fuck has he been mining ....)

[coinking]

Site looks great btw!

[ziplibrary]

Wow. This coin totally ripped off the ShareCoin.info website. Really?
http://www.thesmurfscoin.info/

[SlientBit]

It is not about copycat. If you look for instance at mintcoin. It is mainly POS and it does have way more successful exchange then sharex and still it is trending down for the past 2 months. I believe sharecoin will do the same and if it hold its ground I will reconsider my decision. As it stands now, any new coin needs to be more then just being FAIR, it is bussiness not a festival who is more fair in distribution. Most of all I don't see a roadmap that developers draw us here as successful. Again I might be wrong and for that very reason I left 10k Shares as a pure gamble stake. Sorry chaps, it is strictly bussiness for me, no rosy glasses which I lost when altcoin number went over 100.

ok, it's your method and decision. Each one of us has to have one

Let me just point you one thing: it's business for everybody ... and roadmaps are not accounts of past dids, they don't represent facts and, most of the time, not even promises! they're as rosy as any simple wishful thinking - that's why I didn't get your decision in the first post

Cheers, and let's hope those 10k will get you as much as the other 90%

[platorin]

The moment I saw those smurfscoin, I sold 90% of my Sharecoins, left 10k Shares just in case. Good luck to all who holds Shares, from the look of things you will need luck indeed.

Why? just because somebody is able to be a copycat? )))
lol...

Yeah, what logic does it have? There's none. Not mentioning selling 90% of your sharecoin stash is illogical in a first place.

[ailuo]

Wow. This coin totally ripped off the ShareCoin.info website. Really?
http://www.thesmurfscoin.info/

They haven't bothered to even change main things in .js

http://www.thesmurfscoin.info/assets/application.js

main_message: "Your account ID is valid:",
                            messages: ["Your Bitcointalk username: " + t.result.username, "Your ShareCoin address: " + t.result.address],

I have nothing to say,so many clone coins,terrible.No future no plan pure clone.WTF.
Terrible,so sad for that.

[SlientBit]

Wow. This coin totally ripped off the ShareCoin.info website. Really?
http://www.thesmurfscoin.info/

Zippy, consider your self flattered Coin cloning is the ultimate recognition that your work has some value.

Now, the fact that this clone is an exact copy, even to the website and coding for distribution ... well, let's all just have a nice laugh and move on, shall we? LOL

Don't forget to apply for your Smurfcoin, ok? Afterall, you didn't get any Sharecoin, so you best take up on that one LMAO

[platorin]

It is not about copycat. If you look for instance at mintcoin. It is mainly POS and it does have way more successful exchange then sharex and still it is trending down for the past 2 months. I believe sharecoin will do the same and if it hold its ground I will reconsider my decision. As it stands now, any new coin needs to be more then just being FAIR, it is bussiness not a festival who is more fair in distribution. Most of all I don't see a roadmap that developers draw us here as successful. Again I might be wrong and for that very reason I left 10k Shares as a pure gamble stake. Sorry chaps, it is strictly bussiness for me, no rosy glasses which I lost when altcoin number went over 100.

Roadmap? Mate, what else do you expect? Those guys did more then 90% of altcoins alltogether. There are definitely too much kids looking for quick profit and a moon high coin in 7 days. God...

Wow. This coin totally ripped off the ShareCoin.info website. Really?
http://www.thesmurfscoin.info/

Zippy, consider your self flattered Coin cloning is the ultimate recognition that your work has some value.

Now, the fact that this clone is an exact copy, even to the website and coding for distribution ... well, let's all just have a nice laugh and move on, shall we? LOL

Don't forget to apply for your Smurfcoin, ok? Afterall, you didn't get any Sharecoin, so you best take up on that one LMAO

True, I wouldn't express that better. Next flattering thing: Sharecoin on the news ;]

[Zackgeno96]

Guys, I have a very newbie question, I'm sorry but I don't understand this:

there are 50.000 feeshares for the community
each share costs 20.000 sharecoins
50.000 * 20.000= 1000.000.000

Now

If the total Sharecoin's amount is only 100 millions, please can someone explain me how is it possible to sell 50.000 feeshares for a total amount of 1 billion?
Really, I think to have a badly confidence with mathematic  

I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange.

so that 13.5 btc wall isnt the dev's? lols who would buy 3.6+ million coins = to the amount of coins bought by fee shares

[yonghongtang]

I didn't get a share for multiaccounts.
I have to say that this coin is really fair, so am in , WTB.

[PilotofBTC]

Guys, I have a very newbie question, I'm sorry but I don't understand this:

there are 50.000 feeshares for the community
each share costs 20.000 sharecoins
50.000 * 20.000= 1000.000.000

Now

If the total Sharecoin's amount is only 100 millions, please can someone explain me how is it possible to sell 50.000 feeshares for a total amount of 1 billion?
Really, I think to have a badly confidence with mathematic  

I had same question but it was answered by dev. Coins that are used to buy FeeShares are redistributed by dev to users, via the multipool and the 60% pos from exchange.

so that 13.5 btc wall isnt the dev's? lols who would buy 3.6+ million coins = to the amount of coins bought by fee shares

Who says it's just one person?

[djm34]

Wow. This coin totally ripped off the ShareCoin.info website. Really?
http://www.thesmurfscoin.info/

Zippy, consider your self flattered Coin cloning is the ultimate recognition that your work has some value.

Now, the fact that this clone is an exact copy, even to the website and coding for distribution ... well, let's all just have a nice laugh and move on, shall we? LOL

Don't forget to apply for your Smurfcoin, ok? Afterall, you didn't get any Sharecoin, so you best take up on that one LMAO

COMM is very proud of what it has genrated. Thanks you for remembering (even though it wasn't the first).
Sharecoin fanboys are kind of pathetic... 

[SlientBit]

Just so I don't look like a complete jerk and opportunistic sob (not saying I ain't ):

As you can see in my sig, I'm taking in a lot of these fresh PoS coins with free distributions. Even Smurfscoin

That's not to say I put the same level of believe on all of them. All coins are tradable for others, so any free coin I can get, I'm in - it's a way to have more assets to trade on those that I really want

You can all do the same

[PilotofBTC]

Well, if the exchange had margin trading I would be so full of BTC right now it would be crazy.