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

[realrover]

The POS is only 30% / year.
The dev is adding 30% to that interest if you keep your shares into exchange.

I've just seen that. It was written in very small at the bottom of this page : https://sharexcoin.com/fee_shares/about
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.

Why does OP do not write it on the first post ? It is an important information.

Does the Sharecoins on sell-orders get interest ? I suppose yes but I better confirm.

How can I know the time required or left for minting coins ?

Yes, he should write that in the first post too.

I don't know if the sell-orders are getting interest. We must confirm this with the dev.
The required time is 24 hours.

I kept my sharecoins on exchange for several days now, but didn't get any coins from POS. Any clarification on this? Thanks.

[YYmeans]

There will be a feeshare/BTC pair ,check the post from dev.

Everything is brandy dandy for Sharex developers, but us, all of us who received sharecoins hoping for new currency that is fair (check) and successful (not check) it is not.
As it stands now
imagine hypothetical situation: Out of a chance everyone removes sharecoins from their wallets and buys Feeshares, all 5000 of them as their is no more sharecoins left (5.000 x 20.000 = 100.000.000). So
as long as their is no more sharecoins on hands of the public we get a situation that developer holds ALL sharecoins, public holds feeshares (so far 5000 of them). So far developer got nothing in terms of profit, because whatever they created (all sharecoins) out of thin air and gave to us, came back to them. But developers intend to sell 45.000 more feeshares which means public must bring into sharex (read: developers) or simply his PONZI scheme their BTC 9 times over the volume of all sharecoins multiplied by whatever the price of those sharecoins at that moment is. So far looks good for sharex, as they are pricing their sharex exchange bussiness roughly 10 times more then price of all sharecoins in existence. Not bad.... Again for developers.
I have a huge problem with that.
First of all I took part (and initially intended to stay/invest/help)in all this free giveaway under impression that it is a new cryptocurrency that is fair, has a big base of holders fight from get go,who would be interested to develop sharecoin into potential rival to litecoin, NXT, ripples or ultimately to bitcoin. What I got instead is a try on developers part to sway me into using those free shares and potentially bringing more mine bitcoins for "owning"(lol) part of sharex exchange, of which I have no interest as that is SO MUCH SMALLER THEN WHAT SHARECOIN COULD ACHIEVE.
I wish to all remaining participants good luck, as what they are offered is pretty much something along the lines of : "We give you 1 part (of coins) for free, the rest 9 parts of your bitcoins you bring yourself, buy feeshares and lets hope sharex would pickup nicely".
this business is not about new coin, it is about exchange.
Not my cup of tea, I am out, all BTC removed from sharex. Again, good luck.

Couldn't agree more, and i'll add - if at least this complex structure they created was standing on a reasonable valuation of a new exchange - we could forgive the elegant pivot from coin into exchange kickstarter. But when simple math shows that even Cryptsy's volume won't get you ROI, the whole story of "the real value of ShareCoin" becomes ridiculous.  And the developer's response? of course it's expansive, sahrecoin is overvalued, "i'm the only dev of a coin that doesn't want the price of that coin to rise"... How will anyone reasonable not dump his coins after reading that? And if "ShareCoin only purpose is to distribute FeeShare" then why the multipool? And why not just sell feeShares for BTC? I'm out.

The dev do not want to just give FeeShares (another word for "a % of the business profit") as a pure generosity gesture. He want something in return. What does it want the most? Obviously not money. That why he simply doesn't sell the FeeShares for BTC. He want a group of enthusiast who will promote his business. His idea to recruit those enthusiasts was to create a cryptocoin.

Good or bad idea? Like any novelty it's hard to judge so soon.

[bahatassafus]

Everything is brandy dandy for Sharex developers, but us, all of us who received sharecoins hoping for new currency that is fair (check) and successful (not check) it is not.
As it stands now
imagine hypothetical situation: Out of a chance everyone removes sharecoins from their wallets and buys Feeshares, all 5000 of them as their is no more sharecoins left (5.000 x 20.000 = 100.000.000). So
as long as their is no more sharecoins on hands of the public we get a situation that developer holds ALL sharecoins, public holds feeshares (so far 5000 of them). So far developer got nothing in terms of profit, because whatever they created (all sharecoins) out of thin air and gave to us, came back to them. But developers intend to sell 45.000 more feeshares which means public must bring into sharex (read: developers) or simply his PONZI scheme their BTC 9 times over the volume of all sharecoins multiplied by whatever the price of those sharecoins at that moment is. So far looks good for sharex, as they are pricing their sharex exchange bussiness roughly 10 times more then price of all sharecoins in existence. Not bad.... Again for developers.
I have a huge problem with that.
First of all I took part (and initially intended to stay/invest/help)in all this free giveaway under impression that it is a new cryptocurrency that is fair, has a big base of holders fight from get go,who would be interested to develop sharecoin into potential rival to litecoin, NXT, ripples or ultimately to bitcoin. What I got instead is a try on developers part to sway me into using those free shares and potentially bringing more mine bitcoins for "owning"(lol) part of sharex exchange, of which I have no interest as that is SO MUCH SMALLER THEN WHAT SHARECOIN COULD ACHIEVE.
I wish to all remaining participants good luck, as what they are offered is pretty much something along the lines of : "We give you 1 part (of coins) for free, the rest 9 parts of your bitcoins you bring yourself, buy feeshares and lets hope sharex would pickup nicely".
this business is not about new coin, it is about exchange.
Not my cup of tea, I am out, all BTC removed from sharex. Again, good luck.

Couldn't agree more, and i'll add - if at least this complex structure they created was standing on a reasonable valuation of a new exchange - we could forgive the elegant pivot from coin into exchange kickstarter. But when simple math shows that even Cryptsy's volume won't get you ROI, the whole story of "the real value of ShareCoin" becomes ridiculous.  And the developer's response? of course it's expansive, sahrecoin is overvalued, "i'm the only dev of a coin that doesn't want the price of that coin to rise"... How will anyone reasonable not dump his coins after reading that? And if "ShareCoin only purpose is to distribute FeeShare" then why the multipool? And why not just sell feeShares for BTC? I'm out.

The dev do not want to just give FeeShares (another word for "a % of the business profit") as a pure generosity gesture. He want something in return. What does it want the most? Obviously not money. That why he simply doesn't sell the FeeShares for BTC. He want a group of enthusiast who will promote his business. His idea to recruit those enthusiasts was to create a cryptocoin.

Good or bad idea? Like any novelty it's hard to judge so soon.

I see your point, but in terms of engagement of the community, shareholders who got a fair deal for their money are much better enthusiasts then frustrated holders of a coin loosing value.  

[YYmeans]

Distribution was finished, dumpers were gone ？Is there a new start？

[jioy]

Multipool hash is too low,does not anyone do something?

[jamieb81]

Distribution was finished, dumpers were gone ？Is there a new start？

look at the exchange still alot of dumpers only few buyers

[Vitalogy]

There will be a feeshare/BTC pair ,check the post from dev.

It's my understanding that this FEE/BTC market will be for the secondary market (I hope my English is OK). So the FeeShare traded for BTC will be FeeShare owned by you and me. The dev will never sell on this market.

[Vitalogy]

qawzsx,
can you stop offending people, please?
You're turning this topic into garbage...

+1

http://www.sharecoin.support

Submit your ideas for this project.


PS. I'm going to open a big classifieds ads platform, where ppl can submit ads to sell things for ShareCoins
This will be the first coin integrated.

In time, more coins will be added.

Are you sure you want ideas? New ideas?
You do not seem to be very open to different points of view.

Again, please stop to offend people with the name calling, stop the strong language.

I actually want ShareXcoin to grow, I believe that as a community we can help. I also believe that you a not a bad person and I know that you care about the success of Sharecoin/ShareXcoin. However I don't want a leader like you. What will happen when someone will submit an idea you don't like? You will call him idiot and ask him to just shut up? And I begin to think that if someone has a good idea, you will simply steal it from him and keep all the profit and recognition.

Well, I'm open to any idea, I will not call ever somebody open minded an idiot...
You'll see in time...

The only thing is that I can smell ppl very well, and I can feel them hiding their greed and trying to drive ppl in wrong directions...
I cannot stay without reaction to that

About the dealership thing...believe me, I'm the ceo of a pretty big company in real life, and I tread ppl very harsh, and they respect me for this, because they achieved only good things cause of that...
I never want anything bad for anybody...

yeah, I offend ppl very often, but they need that down deep...we are animals after all...

Try me, and you'll see...

anyway, I'm done insulting ppl from now on...I'll just ignore them

That's good. I will keep an eye on the ideas posted. And I've actually posted my humble idea.

That being said, I'm glad you are not my boss. I think I would just hate you and search a more peaceful place to work at. 

[NOjust]

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 .

you should do sth to hold the price !!!

[bitcoin carpenter]

Distribution was finished, dumpers were gone ？Is there a new start？

look at the exchange still alot of dumpers only few buyers

most buyers are not gonna show their hand till the sheeple scatter, also you can get almost guaranteed returns by buying with BTC to your mining address then selling your mined coins above the wall that theyll sell you the sharecoin for...

woops getting drunk shouldnt be giving these ideas away lol

[chiguireitor]

Soooo... about that "2066 days to payment" account "evi_stale"... are we gonna wait him to be payed for feeshares to be activated?

[Majormax]

Distribution was finished, dumpers were gone ？Is there a new start？

look at the exchange still alot of dumpers only few buyers

Dumping will carry on as sharecoin is recycled , but there will be a balance at some point.

[YYmeans]

Distribution was finished, dumpers were gone ？Is there a new start？

look at the exchange still alot of dumpers only few buyers

Dumping will carry on as sharecoin is recycled , but there will be a balance at some point.

When recycling, the coin is not free,so dumpers will think about the profit before dumping.

[YYmeans]

24小时总交易量23.74个，sharecoin 14.92个，62.8%的交易量都是sharecoin贡献的，你竟然还说要搞死sharecoin，草泥马的。

Glad to say a Chinese supporter here, but would you please be polite？thanks.

兄弟，干得好， 不要管我上面那句屁话。

[ziplibrary]

So.... when exactly does the interest begin crediting to our accounts from sharecoin held in exchange? and then payouts from feeshares?

FeeShare and interest payout will start 3 days after the last person on the list get their payout.

[NOjust]

FeeShare/BTC will open then?

[bytebyte]

To promote your exchange,you can purchase a advertise from bitcointalk.

[milan74]

To be honest, if this drama continues, both SHARECOIN and SHARE EXCHANGE WILL DIE.
Community members are not idiots.  i feel sad about Sharecoin,
IMHO, Zip, please think through the situation.
What you have done now is just like a unreasonable dictator, however, the community can say no to you by jumping out of the sinking ship.

[ayta]

[YYmeans]

To be honest, if this drama continues, both SHARECOIN and SHARE EXCHANGE WILL DIE.
Community members are not idiots.  i feel sad about Sharecoin,
IMHO, Zip, please think through the situation.
What you have done now is just like a unreasonable dictator, however, the community can say no to you by jumping out of the sinking ship.

Yes, the dev is killing sharecoin ,then feeshare will die along with it.
One stone killing two birds,LOL, what dev had said in OP.
But the dev do not think so.What a pity.

PS :Maybe also the sharexcoin, killing three birds, awsome.