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General Discussion / Re: Bitshares price discussion
« on: October 17, 2015, 01:16:09 pm »
I'm out. This is a huge disappointment
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why are the fees 21bts?
any reason for that? didnt it use to be less than 1bts?
is the burning thing a new feature? so over time how can that work out if bts are being reduced?
I am really wondering right now
https://bitshares.org/technology/referral-rewards-program/QuoteIn the case of BitShares, this means setting transaction fees that are high enough to cover all costs, including the cost of customer acquisition, while still being low enough to compete against real competitors. Most cryptocurrency networks barely charge enough in transaction fees to cover the cost of running the network. They attempt to attract users with low fees. While low fees are important, undervaluing the service provided is counter productive. For this reason, BitShares charges a price that is much higher than competing cryptocurrencies but much lower than traditional exchanges and payment networks like Dwolla or PayPal.
It's a positive imo. Using the referral programme you can earn a % of the fees from everyone you refer to BitShares. $0.1 or whatever the fee is, is still cheaper than any real competitors but incentivises people to advertise and promote BitShares.
The price is going up again?350k coins reduced today via fees burned..
new upwave confirmed:
wedge looks to resolve itself sometime next week.
They really didnt know about the upgrade, seriously?
Its important that they shut off and upgrade, otheriwse everyone wouldve been dumping millions of worthless BTS 0.9 on them.
Yeah it also looks like MetaExchange has BTS turned off too. Anyone have an ETA on either of these guys? I woke up this morning with my bitUSD worth $2.25 each and I'm fixin to sell some of mine
Huh? Price is dropping? Is the market mechanics not working?people still need to claim their funds and start making the markets ... also people are dumping at bter (who seem to not honor the upgrade) and other people are doing arbitrage ..
Huh? Price is dropping? Is the market mechanics not working?
BTS is a new system for the world.
we need more users
but now we spent such a high fee
from 0.1BTS -> 20 BTS
can't understand
for version 2.0, we need enough test for the stable.
users need to test with small fund
but 20 BTS fee stop them