BitShares Forum
Main => Technical Support => Topic started by: sudo on October 10, 2015, 05:41:16 am
-
test net 20core is that mean 20bts min fee?
-
yes, but it can be changed by shareholder vote.
-
That is the fee for TRANSFERS.
Market Orders are 5 BTS
Canceling Orders is 0 BTS
Etc. There is no longer a once price fits all.
-
That is the fee for TRANSFERS.
Market Orders are 5 BTS
Canceling Orders is 0 BTS
Etc. There is no longer a once price fits all.
it is a little high
-
That is the fee for TRANSFERS.
Market Orders are 5 BTS
Canceling Orders is 0 BTS
Etc. There is no longer a once price fits all.
it is a little high
Perhaps, but so are the costs of motivating referrals. Lower the price and the referral system loses all incentive.
-
20 BTS = 0.75 CNY, it's very expensive. especially for micro payment.
-
20 BTS = 0.75 CNY, it's very expensive. especially for micro payment.
BitShares is not meant for micro txs
-
in my opnion, transfer fee is to protect the network from flood attack.
higher transfer fee will refuse people to join.
network profit should come from advance service, like account upgrade, asset create ....
20 BTS = 0.75 CNY, it's very expensive. especially for micro payment.
BitShares is not meant for micro txs
-
in my opnion, transfer fee is to protect the network from flood attack.
higher transfer fee will refuse people to join.
network profit should come from advance service, like account upgrade, asset create ....
20 BTS = 0.75 CNY, it's very expensive. especially for micro payment.
BitShares is not meant for micro txs
I agree
-
Recommended 3BTS start
-
Fees are in the hands of the shareholder .. convince them to reduce the fee and make a business plan that makes shareholders a profit and the fees will be lowered ..
-
By the way now the fee of bitcoin is about 4 BTS.
-
That is the fee for TRANSFERS.
Market Orders are 5 BTS
Canceling Orders is 0 BTS
Etc. There is no longer a once price fits all.
it is a little high
Perhaps, but so are the costs of motivating referrals. Lower the price and the referral system loses all incentive.
people hold cash/money get less profit/interest, and hold asset like stock to get higher profit/interest
cash/money have maximum liquidity, they can use cash/money to buy goods directly,but asset like stock get
if consider bts as the stock of BTS system, purpose of holding a stock is to get profit , but stock lost liquidity ( also stable value ) to get profit, we cannot sell the stock after market closing. but we should balance the profit and easy to join in . eg. what happen if we must pay money to use google search. yes google search can get the profit from other service like advertisement
but all those fee actually is paid by google search user ,
so i think maximum
Tx fee 5bts as default and Min is 1 BTS
-
What about voting? Could tx to yourself be made cheaper?
-
By the way now the fee of bitcoin is about 4 BTS.
that's what you pay if you're lifetime member in BTS 2.0
-
Market Orders are 0.1 BTS
Canceling Orders is 0.1 BTS
i think this is reasonable
-
If you transfer to 20BTS, it is a failure.
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
-
Market Orders are 0.1 BTS
Canceling Orders is 0.1 BTS
i think this is reasonable
It should be definitely a small % fee!
What will happen if our market cap increase substantially ? 0.1 BTS would be too much! And don't tell me we can vote about it, because nobody wants to vote every 3 months and it would make our user base uncertain about the new fee schedule every now and then... it should not change too often , and with dynamic % fees I think we can solve this.
PS its reasonable only right now with the current market-cap...
-
Luckily we have an elected committee to set the appropriate fees.
-
why not vote range from 0.0001 to 20 bts, in case price rise and drop.
-
why not vote range from 0.0001 to 20 bts, in case price rise and drop.
Create a committee member and propose a better price! You can also create 1000 memmbers for prices between 0.00001 and 100 ..
People are so concernd about the initial values .. but you really dont nees to ..
-
why not vote range from 0.0001 to 20 bts, in case price rise and drop.
Create a committee member and propose a better price! You can also create 1000 memmbers for prices between 0.00001 and 100 ..
People are so concernd about the initial values .. but you really dont nees to ..
+5% .. Everyone has to start embracing the fact that we are going to be able to vote in changes and the way things are now aren't the way they will be forever. :) ... but that said.. I think it will be great to see how the current pay schema works out and then we can consider ways to adjust it.
In the end though.. 1+1 has to = 2.. you want a sustainable ecosystem, it has to pay for itself... there will be room for adjusting the fees in some places so long as the difference can be made up elsewhere and to the same effect.
It is certainly going to take a serious analysis of the current numbers and how different parts of the network can be changed effectively. So a committee makes sense like xeroc said.
-
then what is the voting fees? the same 20bts?
-
Td ameritrade charges 2000 bts per trade... and that is just a basic buy or sell order. Options and futures trades are higher.
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS fee is acceptable, but 20BTS fee will create big problem.
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS fee is acceptable, but 20BTS fee will create big problem.
NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.
In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.
if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.
please elaborate on the "big problem" you see
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS fee is acceptable, but 20BTS fee will create big problem.
NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.
In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.
if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.
please elaborate on the "big problem" you see
now 20BTS = 0.75CNY, if the price of BTS go up, it will be easy for it worth 1CNY, 2CNY.
alipay is free for transfer, many online transfers between banks in China are free, to pay 1CNY to do a transfer in a cryptocurrency system? this is a very bad feeling, however of cource, if you need to discourage new users to join or encourage the current users to leave, this is a good method.
there's many ways to get funded, to issue an asset, to provide customized service or even contact VC, relying on transaction fees bring the worst user experience.
and, to get development fund from fee pool bring this worry: development team enjoy high fee rate, their interest is not consistent with that of the user/stakeholders, this may bring some kind of centralization and make the community split.
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS fee is acceptable, but 20BTS fee will create big problem.
NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.
In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.
if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.
please elaborate on the "big problem" you see
now 20BTS = 0.75CNY, if the price of BTS go up, it will be easy for it worth 1CNY, 2CNY.
alipay is free for transfer, many online transfers between banks in China are free, to pay 1CNY to do a transfer in a cryptocurrency system? this is a very bad feeling, however of cource, if you need to discourage new users to join or encourage the current users to leave, this is a good method.
there's many ways to get funded, to issue an asset, to provide customized service or even contact VC, relying on transaction fees bring the worst user experience.
and, to get development fund from fee pool bring this worry: development team enjoy high fee rate, their interest is not consistent with that of the user/stakeholders, this may bring some kind of centralization and make the community split.
so if you want to compare centralized payment services with bitshares take a closer look at others. maybe in your country it's free, but western union for example charges up to $10 per TX. Paypal charges a percentage fee. those are just 2 examples. oh and every service can just freeze your account.
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS fee is acceptable, but 20BTS fee will create big problem.
NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.
In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.
if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.
please elaborate on the "big problem" you see
how many new users would like to pay 10000bts get lifetime member?
or 2000bts for one year?
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS fee is acceptable, but 20BTS fee will create big problem.
NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.
In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.
if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.
please elaborate on the "big problem" you see
how many new users would like to pay 10000bts get lifetime member?
or 2000bts for one year?
users that want micro txs, many transactions in general or join the affiliate system.
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
try our best to avoid directly collect fund from end user
can you imagine what happen if user should pay for google search ?
but about "affiliate marketers" I real don` t konw high fee is a good or bad idea.
it is a magic question，because high fee encourage user introduce new user ,but high fee also prevent new user use it more
it is a dilemma
-
how about vote action ? same 20bts?
old users lifetime member still need 4bts* 0.0361cny/bts=0.1444CNY
how bts2.0 attract new users to use?
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
try our best to avoid directly collect fund from end user
can you image what happen if user should pay for google search ?
+10086
-
give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101. Launch your new tech product with high profit margins the. lower it over time to discourage competitio. This will allow us to keep the monopoly longer and pay for more R&D with serious profits.
the fees are good for several things we need:
- flood prevention
- affiliate marketers
- fee pool (which funds development)
so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS fee is acceptable, but 20BTS fee will create big problem.
NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.
In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.
if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.
please elaborate on the "big problem" you see
how many new users would like to pay 10000bts get lifetime member?
or 2000bts for one year?
users that want micro txs, many transactions in general or join the affiliate system.
when tps hit the limit level such as 50tps 100tps fees can be rise dynamic
-
how bts hit the highest 0.34CNY again?
20bts cost 6.8CNY per transfer
-
how bts hit the highest 0.34CNY again?
20bts cost 6.8CNY per transfer
i think the fee can adjust by voting
-
Why are the fees so low?
50 usd for lifetime membership, that is peanuts! Have we already calculated doubling the price?
-
how bts hit the highest 0.34CNY again?
20bts cost 6.8CNY per transfer
i think the fee can adjust by voting
vote percentage the top1 delegate is only 19.96%
would it be pass?
or vote>against then pass?
-
then how much is the feed price cost?
high frequency
-
Publishing feeds is cheap/free. Updating your account to vote is also cheaper.
Keep fees high. There is tremendous value in every transfer.
Sent from my iPhone using Tapatalk
-
What is the reason make new users have to use the BTS system and pay high fees?
-
high fees :-[