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Offline alt

1st advice for the new BTS
« on: October 23, 2014, 01:45:47 AM »

please reduce the fee for create asset, many people  need  create  asset to  support their idea with BTS.

Offline tonyk

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Re: 1st advice for the new BTS
« Reply #1 on: October 23, 2014, 01:56:05 AM »
I think I read/heard BM saying that is in the plans, already.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline jwiz168

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Re: 1st advice for the new BTS
« Reply #2 on: October 23, 2014, 01:57:18 AM »
 +5%

Though I still am confused to what has been transpiring this couple of days maybe time for me to brace the changes and this a  good start .

Offline alt

Re: 1st advice for the new BTS
« Reply #3 on: October 23, 2014, 02:07:09 AM »
I think I read/heard BM saying that is in the plans, already.
good
we should move fast

Offline Method-X

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Re: 1st advice for the new BTS
« Reply #4 on: October 23, 2014, 03:02:36 AM »
Yes! We need to start launching disruptive assets and voting in delegates who post price feeds.

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Offline vikram

Re: 1st advice for the new BTS
« Reply #5 on: October 23, 2014, 10:18:26 PM »
I think I read/heard BM saying that is in the plans, already.
good
we should move fast

Yes, the fee will be lowered as part of the next large update we do after the current set of market updates are done.

Offline sfinder

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Re: 1st advice for the new BTS
« Reply #6 on: October 23, 2014, 11:51:26 PM »
How much lower it can go?  I would suggest a fix fee around 20k
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Offline donkeypong

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Re: 1st advice for the new BTS
« Reply #7 on: October 24, 2014, 02:10:31 AM »
Very good news. This is an open question, though: Does the fee need to be high enough to prevent the introduction of a whole bunch of crap? Or does crap naturally disappear somehow if no one uses it? Not making a judgment on anyone's asset ideas.

If the fee is TOO cheap, though, everyone and his brother is going to do IPOs for their own assets (my hair?) and we'd have to sort through it all to find the worthy stuff. Amazon, for example, has a bunch of questionable self-published e-books at 99-cents, but few of them turn up in the listings or search algorithms if no one buys them or rates them highly.

Offline jae208

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Re: 1st advice for the new BTS
« Reply #8 on: October 24, 2014, 05:25:14 AM »
What about adjusting the share supply? Does anyone know if BM has updated BTSX to adjust the share supply of a user generated asset if no shares have been issued?

I think it would be a good idea to allow some flexibility if you haven't issued any shares. I created a user generated asset to be more of a place holder assuming the fees for creating user generated assets would continue to climb.
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