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Makes sense.We need to take away some of those juicy fees from the exchanges. I really hope we can do that when Blocktrades finally gets their TRADE.BTC deposit integration in the webwallet.Lets say that among the supporters of BitShares here on these forums we together have 1000 BTC on Poloniex. We could all pull that out of Poloniex and into TRADE.BTC and pay the network the fees instead. That would definitely make us profitable again.
To decrease the supply, we need to attract more users fr the traditional exchanges. In this stage, profit is not important than expansion of the user base, IMHO.
Quote from: Empirical1.2 on October 24, 2015, 08:09:03 pmThe transfer fee is still 40 BTS I think, they haven't decreased it.Are you saying the BTS asset page is not showing the correct supply / isnt up to date?
The transfer fee is still 40 BTS I think, they haven't decreased it.
And we're inflationary again:18/10/2015: 2,533,418,35819/10/2015: 2,533,393,60920/10/2015: 2,533,385,80921/10/2015: 2,533,348,21722/10/2015: 2,533,245,39723/10/2015: 2,533,228,86124/10/2015: 2,533,262,319Wonderful.
Quote from: Ander on October 21, 2015, 08:21:37 pmQuote from: tonyk on October 21, 2015, 07:06:40 pmQuote from: Akado on October 21, 2015, 06:49:57 pmApparently from reading the thread, that proposal does nothing?On the contrary. Every day this worker stays elected with more votes than the 'burning worker', what Empirical said becomes more true.Quote from: Empirical1.2 on October 21, 2015, 10:42:05 amConstantly re-funding the reserve fund makes me worry people will revalue BTS as definitely having closer to 3.7 Billion shares in the future vs. now thinking it will have 2.5 Billion or less. Is that what this worked does? That sounds like the worst idea ever.Lets all remove votes from this worker and also remove votes from anyone voting for this worker.This worker will have very good uses in the future, as it will be the eliminator of half ass proposals from him down vote-wise, that the people do not want to be paid.But for it to work right now, for anything else but the negative perception we need:1. A burning worker - it does not have to be huge - 10K seems enough, imo.2. BM needs to vote for the burning worker with 100% of his stake and for the recycling worker with 90% of his stake.3. We generally should follow similar voting pattern for those 2, and vote "Yes" for all other workers we do like to be paid, of course.
Quote from: tonyk on October 21, 2015, 07:06:40 pmQuote from: Akado on October 21, 2015, 06:49:57 pmApparently from reading the thread, that proposal does nothing?On the contrary. Every day this worker stays elected with more votes than the 'burning worker', what Empirical said becomes more true.Quote from: Empirical1.2 on October 21, 2015, 10:42:05 amConstantly re-funding the reserve fund makes me worry people will revalue BTS as definitely having closer to 3.7 Billion shares in the future vs. now thinking it will have 2.5 Billion or less. Is that what this worked does? That sounds like the worst idea ever.Lets all remove votes from this worker and also remove votes from anyone voting for this worker.
Quote from: Akado on October 21, 2015, 06:49:57 pmApparently from reading the thread, that proposal does nothing?On the contrary. Every day this worker stays elected with more votes than the 'burning worker', what Empirical said becomes more true.Quote from: Empirical1.2 on October 21, 2015, 10:42:05 amConstantly re-funding the reserve fund makes me worry people will revalue BTS as definitely having closer to 3.7 Billion shares in the future vs. now thinking it will have 2.5 Billion or less.
Apparently from reading the thread, that proposal does nothing?
Constantly re-funding the reserve fund makes me worry people will revalue BTS as definitely having closer to 3.7 Billion shares in the future vs. now thinking it will have 2.5 Billion or less.
Quote from: tonyk on October 21, 2015, 07:06:40 pmQuote from: Akado on October 21, 2015, 06:49:57 pmApparently from reading the thread, that proposal does nothing?On the contrary. Every day this worker stays elected with more votes than the 'burning worker', what Empirical said becomes more true.Quote from: Empirical1.2 on October 21, 2015, 10:42:05 amConstantly re-funding the reserve fund makes me worry people will revalue BTS as definitely having closer to 3.7 Billion shares in the future vs. now thinking it will have 2.5 Billion or less. Oh I didn't get it the first time. I thought every BTS burnt would go to a reserve pool by default, but that only happens because of that worker?