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clout

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Time to increase the dividends
« on: August 25, 2014, 07:37:36 PM »

BTSX is proving itself pretty well on the market. I have collected enough BTSX to cover the cost of running delegates for the entire year. As a result I have decided to decrease my payrate to 0%. With this increase in market cap and transaction volume we should certainly increase the earnings per share.

Offline maqifrnswa

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Re: Time to increase the dividends
« Reply #1 on: August 25, 2014, 07:45:49 PM »
BTSX is proving itself pretty well on the market. I have collected enough BTSX to cover the cost of running delegates for the entire year. As a result I have decided to decrease my payrate to 0%. With this increase in market cap and transaction volume we should certainly increase the earnings per share.

Great! Thank you!
maintains an Ubuntu PPA: https://launchpad.net/~showard314/+archive/ubuntu/bitshares [15% delegate] wallet_account_set_approval maqifrnswa true [50% delegate] wallet_account_set_approval delegate1.maqifrnswa true

Offline cygnify

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Re: Time to increase the dividends
« Reply #2 on: August 25, 2014, 08:04:11 PM »
BTSX is proving itself pretty well on the market. I have collected enough BTSX to cover the cost of running delegates for the entire year. As a result I have decided to decrease my payrate to 0%. With this increase in market cap and transaction volume we should certainly increase the earnings per share.

 +5% +5% +5% +5%
I love hearing that. That already you have made enough money to cover your costs (that's amazing!), and then 0% payrate now, even better!
Thanks. 

Offline liondani

Re: Time to increase the dividends
« Reply #3 on: August 25, 2014, 08:13:12 PM »
reduce to 5%  (like our  +5% meme)
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Offline yellowecho

Re: Time to increase the dividends
« Reply #4 on: August 25, 2014, 10:50:32 PM »
You're the best, clout!   +5% +5%
696c6f766562726f776e696573

Offline arhag

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Re: Time to increase the dividends
« Reply #5 on: August 25, 2014, 10:54:16 PM »
I don't think this is a good idea. Especially since the way the system is currently set up, you cannot later increase the payrate for your delegate.

I think the gains that burning fees gives to shareholders in these early stages is so small compared to the gains which can be achieved by greater user adoption due to using the money on strategic development / marketing / business deals. I would rather see delegates campaign on giving a huge fraction of their collected fees to groups that stakeholders think have a good business plan for increasing BitShares X adoption.


Offline maqifrnswa

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Re: Time to increase the dividends
« Reply #6 on: August 25, 2014, 11:13:28 PM »
I don't think this is a good idea. Especially since the way the system is currently set up, you cannot later increase the payrate for your delegate.

I think the gains that burning fees gives to shareholders in these early stages is so small compared to the gains which can be achieved by greater user adoption due to using the money on strategic development / marketing / business deals. I would rather see delegates campaign on giving a huge fraction of their collected fees to groups that stakeholders think have a good business plan for increasing BitShares X adoption.

I had the same initial response, but he/she has enough clout to get another delegate elected in future with higher rate if needed. I am still concerned of low pay rate delegates abandoning the network since they can't increase pay rate.
maintains an Ubuntu PPA: https://launchpad.net/~showard314/+archive/ubuntu/bitshares [15% delegate] wallet_account_set_approval maqifrnswa true [50% delegate] wallet_account_set_approval delegate1.maqifrnswa true

Offline speedy

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Re: Time to increase the dividends
« Reply #7 on: August 25, 2014, 11:21:10 PM »
BTSX is proving itself pretty well on the market. I have collected enough BTSX to cover the cost of running delegates for the entire year. As a result I have decided to decrease my payrate to 0%. With this increase in market cap and transaction volume we should certainly increase the earnings per share.

That's awesome - we sure do save a lot of money not having to pay for miners :)

Offline cass

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Re: Time to increase the dividends
« Reply #8 on: August 25, 2014, 11:24:46 PM »
yup awesome :)  +5%
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