Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: [Proposal] Increase max delegate pay to 250 BTS per block  (Read 1680 times)

Offline NewMine

  • Hero Member
  • *****
  • Posts: 549
    • View Profile
[Proposal] Increase max delegate pay to 250 BTS per block
« on: February 19, 2015, 05:04:18 PM »

Or why not 1000. This way the dev's can make $5K+ per month instead of the current $1100/mo. This was the entire reason for increasing delegate pay in the first place. $1100 per month is not a living wage in any 1st world country.

There is no possible way this could make the market cap fall anymore right? I mean the current depressed price and unpairing from btc had nothing to do with devs selling their bts income. This way the devs get more money and everyone else can continue to wait. But at least the devs wont walk away.

Offline infovortice2013

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 521
    • View Profile
    • BitShares en español
  • BTS: traderx
Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #1 on: February 19, 2015, 05:07:30 PM »
Why not pay in BitUSD or BitAssets agaist BTS for a couple of months to improve BitAssets liquidity?
New Keyoteeid: 5rUhuLCDWUA2FStkKVRTWYEqY1mZhwpfVdRmYEvMRFRD1bqYAL
new08/21 id 5Sjf3LMuYPSeNnjLYXmAoHj5Z6TPCmwmfXD6XwDmg27dwfQ

Offline roadscape

Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #2 on: February 19, 2015, 05:49:38 PM »
More trouble than it's worth, imo.

ninja edit: at least this early. if share price doesn't increase in a reasonable amount of time, perhaps someone could fork BTS and offer increased delegate pay.
« Last Edit: February 19, 2015, 05:52:55 PM by roadscape »
http://cryptofresh.com  |  witness: roadscape

Offline gamey

  • Hero Member
  • *****
  • Posts: 2252
    • View Profile
Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #3 on: February 19, 2015, 06:10:57 PM »
I often see these same posts... Why not increase Bitcoins inflation to "increase network security".  SMH.
I speak for myself and only myself.

Offline speedy

  • Hero Member
  • *****
  • Posts: 1160
    • View Profile
  • BTS: speedy
Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #4 on: February 19, 2015, 06:17:09 PM »
Or why not 1000. This way the dev's can make $5K+ per month instead of the current $1100/mo. This was the entire reason for increasing delegate pay in the first place. $1100 per month is not a living wage in any 1st world country.

There is no possible way this could make the market cap fall anymore right? I mean the current depressed price and unpairing from btc had nothing to do with devs selling their bts income. This way the devs get more money and everyone else can continue to wait. But at least the devs wont walk away.

I know this is one of your jab posts but,

$1100/month is a good combination of not depressing the market cap *too much*, and motivating the developers to work hard to increase the market cap so they can earn the money deserve.

Also is there any real risk of the core developers walking away now? They all just received 5million BTS each, which could be worth loads IFF the product is polished and actually gets used.
« Last Edit: February 19, 2015, 06:39:17 PM by speedy »

Offline donkeypong

  • Hero Member
  • *****
  • Posts: 2331
    • View Profile
Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #5 on: February 19, 2015, 07:01:16 PM »

I know this is one of your jab posts but,

$1100/month is a good combination of not depressing the market cap *too much*, and motivating the developers to work hard to increase the market cap so they can earn the money deserve.

Also is there any real risk of the core developers walking away now? They all just received 5million BTS each, which could be worth loads IFF the product is polished and actually gets used.

Very well said.

Offline Shentist

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 1605
    • View Profile
    • metaexchange
  • BTS: shentist
Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #6 on: February 19, 2015, 07:42:13 PM »
if you are not aware newmine is making fun of all of us.

Offline toast

Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #7 on: February 19, 2015, 07:50:34 PM »
Or why not 1000. This way the dev's can make $5K+ per month instead of the current $1100/mo. This was the entire reason for increasing delegate pay in the first place. $1100 per month is not a living wage in any 1st world country.

There is no possible way this could make the market cap fall anymore right? I mean the current depressed price and unpairing from btc had nothing to do with devs selling their bts income. This way the devs get more money and everyone else can continue to wait. But at least the devs wont walk away.

I know this is one of your jab posts but,

$1100/month is a good combination of not depressing the market cap *too much*, and motivating the developers to work hard to increase the market cap so they can earn the money deserve.

Also is there any real risk of the core developers walking away now? They all just received 5million BTS each, which could be worth loads IFF the product is polished and actually gets used.

The risk of developers walking has nothing do with getting paid enough and everything to do with minimizing the chance that BM accidentally destroys any wealth we create again. I'm refusing to take any pay until we get a reasonable number of 0% delegates and use proposals to figure out how to direct inflation.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline fuzzy

Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #8 on: February 19, 2015, 08:27:22 PM »
Or why not 1000. This way the dev's can make $5K+ per month instead of the current $1100/mo. This was the entire reason for increasing delegate pay in the first place. $1100 per month is not a living wage in any 1st world country.

There is no possible way this could make the market cap fall anymore right? I mean the current depressed price and unpairing from btc had nothing to do with devs selling their bts income. This way the devs get more money and everyone else can continue to wait. But at least the devs wont walk away.

I know this is one of your jab posts but,

$1100/month is a good combination of not depressing the market cap *too much*, and motivating the developers to work hard to increase the market cap so they can earn the money deserve.

Also is there any real risk of the core developers walking away now? They all just received 5million BTS each, which could be worth loads IFF the product is polished and actually gets used.

The risk of developers walking has nothing do with getting paid enough and everything to do with minimizing the chance that BM accidentally destroys any wealth we create again. I'm refusing to take any pay until we get a reasonable number of 0% delegates and use proposals to figure out how to direct inflation.

BM is only one cog in the wheel at this point.   This has less to do with delegates in my opinion and more with the fact that the other developers are not as active in reaching out to investors (or maybe they are more interested in another demographic of investors).

Communication here is important and if devs do not want BM to be perceived as the one and only face of this project,  they should consider doing what he has done and be more visible.   

Of course this is a place where I could push hangouts. ..but there are an ever-growing number opportunities outside hangouts and I suspect moving forward we will have many more.

I actually foresee our developers all splitting off at some point to runtheir own projects and see it as a healthy thing in our ecosystem.  In fact,  this is one of the reasons I have positioned beyond bitcoin to cover tokens that sharedrop on holders of bitshares/pts/ags founders...because it helps protect investors from the chaos of the huge changes that will need to be endured when developers do split off from projects to work on others (which is BENEFICIAL for technology!).

Many with maximalist tendencies will not appreciate this yet...but I am certain they will in the future.
« Last Edit: February 19, 2015, 08:30:45 PM by fuzzy »
BROWNIE==DKP; BitShares is our Community! 
ShareBits Welcome to  the Sharing Economy w/ BeyondBitcoin.org Partners--ShareBits.io & OpenLedger.info
TIP FORMAT: #sharebits "ForumHandleInQuotes" Quanity Token_Name

Offline onceuponatime

Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #9 on: February 19, 2015, 08:40:02 PM »
Or why not 1000. This way the dev's can make $5K+ per month instead of the current $1100/mo. This was the entire reason for increasing delegate pay in the first place. $1100 per month is not a living wage in any 1st world country.

There is no possible way this could make the market cap fall anymore right? I mean the current depressed price and unpairing from btc had nothing to do with devs selling their bts income. This way the devs get more money and everyone else can continue to wait. But at least the devs wont walk away.

I know this is one of your jab posts but,

$1100/month is a good combination of not depressing the market cap *too much*, and motivating the developers to work hard to increase the market cap so they can earn the money deserve.

Also is there any real risk of the core developers walking away now? They all just received 5million BTS each, which could be worth loads IFF the product is polished and actually gets used.

The risk of developers walking has nothing do with getting paid enough and everything to do with minimizing the chance that BM accidentally destroys any wealth we create again. I'm refusing to take any pay until we get a reasonable number of 0% delegates and use proposals to figure out how to direct inflation.

Toast:
You are an extraordinarily talented person. Hard working and honest.

Unfortunately you have all the arrogance of youth.

Your posts are almost always thoughtful, generous and helpful. But  on rare occasion they demonstrate hubris and have been as detrimental as anything Bytemaster has ever done. Please work out your frustrations with him and/or other team members in private. Or bring them up in a Mumble session that you all attend. Posting this here you are needlessly contributing to Newmine's agenda and negatively affecting our investments in this project.

Hubrishttps://en.wikipedia.org/wiki/Hubris

Offline clayop

Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #10 on: February 19, 2015, 08:52:53 PM »
Toast:
You are an extraordinarily talented person. Hard working and honest.

Unfortunately you have all the arrogance of youth.

Your posts are almost always thoughtful, generous and helpful. But  on rare occasion they demonstrate hubris and have been as detrimental as anything Bytemaster has ever done. Please work out your frustrations with him and/or other team members in private. Or bring them up in a Mumble session that you all attend. Posting this here you are needlessly contributing to Newmine's agenda and negatively affecting our investments in this project.

I don't want to discourage Toast, since he's a good and talented guy, but I agree with this statement. From the positive perspective, Toast has a great potential to be a greater person.
Bitshares Korea - http://www.bitshares.kr
Vote for me and see Korean Bitshares community grows
delegate-clayop

Offline fuzzy

Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #11 on: February 19, 2015, 09:05:37 PM »
Toast:
You are an extraordinarily talented person. Hard working and honest.

Unfortunately you have all the arrogance of youth.

Your posts are almost always thoughtful, generous and helpful. But  on rare occasion they demonstrate hubris and have been as detrimental as anything Bytemaster has ever done. Please work out your frustrations with him and/or other team members in private. Or bring them up in a Mumble session that you all attend. Posting this here you are needlessly contributing to Newmine's agenda and negatively affecting our investments in this project.

I don't want to discourage Toast, since he's a good and talented guy, but I agree with this statement. From the positive perspective, Toast has a great potential to be a greater person.

I prefer to look at it from a slightly different perspective.   Toast has a difference of opinion and has a different way of going about expressing it than the community might prefer.   This is neither right or wrong.  In fact it seems he is naturally beginning to search for the proper outlet.   This is fine!

We are all walking this road and evolving based on our own experiences. .. and this path will not be easy and for some of us in different jurisdictions. .. might be outright dangerous.

We must walk our path in line with the level of risk we can endure  and must hope to have others who will (hopefully) be there to help uplift us in both our greatest trials and triumphs.

As for hubris. ..all of us have a level of hubris or we wouldn't be so crazy as to think we can endure this daunting task of changing the current paradigm. :) 

Let us never forget to celebrate each others' craziness in this respect!
« Last Edit: February 19, 2015, 09:21:55 PM by fuzzy »
BROWNIE==DKP; BitShares is our Community! 
ShareBits Welcome to  the Sharing Economy w/ BeyondBitcoin.org Partners--ShareBits.io & OpenLedger.info
TIP FORMAT: #sharebits "ForumHandleInQuotes" Quanity Token_Name

Offline mint chocolate chip

Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #12 on: February 19, 2015, 09:21:38 PM »
Or why not 1000. This way the dev's can make $5K+ per month instead of the current $1100/mo. This was the entire reason for increasing delegate pay in the first place. $1100 per month is not a living wage in any 1st world country.

There is no possible way this could make the market cap fall anymore right? I mean the current depressed price and unpairing from btc had nothing to do with devs selling their bts income. This way the devs get more money and everyone else can continue to wait. But at least the devs wont walk away.

I know this is one of your jab posts but,

$1100/month is a good combination of not depressing the market cap *too much*, and motivating the developers to work hard to increase the market cap so they can earn the money deserve.

Also is there any real risk of the core developers walking away now? They all just received 5million BTS each, which could be worth loads IFF the product is polished and actually gets used.

The risk of developers walking has nothing do with getting paid enough and everything to do with minimizing the chance that BM accidentally destroys any wealth we create again. I'm refusing to take any pay until we get a reasonable number of 0% delegates and use proposals to figure out how to direct inflation.

It sounds nice that you are standing up for your beliefs by "refusing to take any pay", but the reasoning you use to justify it just does not match your earlier (now redacted) statement that you are effectively not working for BitShares at the moment but instead working for Music, essentially double dipping for an undisclosed amount of time and deciding to now take corrective action.

I can't fault you for looking out for #1, but blaming BM and the inflation system that was paying you is a poor way to justify choosing to work elsewhere despite the large PTS and BTS bonuses that were aimed at keeping you on board for a lengthier period of time.

Offline toast

Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #13 on: February 19, 2015, 10:23:14 PM »
I haven't taken any pay for music yet and don't plan to until I "cleared my debts" with BTS by refusing more pay and taking what I can of the "bonus" runway to fund stuff that the current model can't fund. I would go into more details but the chinese PR group told me to shut up. They're the ones that shut off that discussion BTW, and I think it's actually a good idea.

And again, none of my decisions are because I'm not getting paid enough. I have constantly refreshing standing offers for significantly more than what I'm getting here. I'll let you know if and when I take one of them, until then I'm a bagholder/believer just like you.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline Stan

  • Hero Member
  • *****
  • Posts: 2716
  • You need to think BIGGER, Pinky...
    • View Profile
    • Cryptonomex
  • BTS: Stan
Re: [Proposal] Increase max delegate pay to 250 BTS per block
« Reply #14 on: February 19, 2015, 10:35:09 PM »
It's been a long time comin'
It's goin' to be a long time gone
And it appears to be a long night
Before the dawn

Crosby, Stills and Nash - Long Time Gone
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

 

Google+