-5% It's good that you guys are trying to compromise, but it's not an improvement imo.
Either you're going to gain traction in the payments business using a circa $0.2 transfer fee, particularly to incentivise merchant adoption & referrals.
Or you going to gain initial traction by attracting a userbase first at a much lower transfer fee, so our Chinese community can spread BTS and where the referral programme will still be lucrative. It would also allow Western users to generate much higher referral numbers using the myriad of opportunities present in social media sharing, donating, gifting and tipping (Sharebots.io -
https://bitsharestalk.org/index.php/topic,20007.msg257180.html#msg257180 )
So I predict you will get little to no traction in the next 4-6 months, with the constant excuse, that we're waiting to get the product right.
(Merchant acquisition is unlikely to gain traction until competitive payment processor services are in place -
https://bitsharestalk.org/index.php/topic,20023.msg257656.html#msg257656 )
So I would rather get the referral programme and network effect going in China and via social media, thereby generating a useful userbase in the next 4-6 months. (Which will appeal to merchants when everything else is in place. You can in the interim come up with a solution such as percentage payments/merchant identification process that allows you to charge more for payments but less for P2P transfers.)
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How is mindphlux a committee member?
Didn't he want to dump his BTS 1.0 on exchanges that hadn't upgraded and on people that obviously weren't aware of the upgrade?