I think 0.2% is too high for micro-transactions. 0.05% would be better IMO (because given 0.05%, under $6 will be considered as "micro"transaction).
Regarding maximum, it can be debatable. I honestly agree with both sides, and am doubtful to both sides as well. Sometimes people pay relatively high fees in transferring BTC as well. For instance, Yunbi charges 0.001 BTC ($0.4 or 130 BTS) but people seem not care. How much people are willing to pay given 0.05% fee? That's beyond my capacity.
Bitshares is a platform.
Bitshares is a platform.
Bitshares is a platform.
repeated 3 times to emphasize the important thing.
yunbi charge 0.001 BTC for withdraw, it is not comparable to common transfer in Bitshares, it is more like a gateway withdraw service here.
I hope Bitshares can give users most freedom as a platform, can be most user/invester friendly as a platform.
BTS2.0 provide various ways for entrepreneurs to make profits - market fee of privatized smartcoins and UIA, FBA, one can build his own business with these tools without disturbing other areas. this is wonderful scene.
but the referral program destroy all these, now new users need either pay high fee or pay the LTM fee, in my view paying some network fee is OK, users can understand and accept, but why need to pay so much to the so called referrers? for months the daily transfer volume kept under 200, nothing can prove that the referral program will succeed.
this is Internet times, this is blockchain times, information passes quickly, seldom people rely on "referrers" to get useful information. and no new users will be happy when he know he not only need to pay to the network, but also need to pay the "referrers".
to me it is ok if the rate fall in 0.05% to 0.2% area, in my mind the max cap make more sense.
some said users which always transfer big does not care 30 BTS fee or 100 BTS fee, yes, some may do not care, but some really care, bitshaes need to attract as more people as possible.
What would you prefer in case of transferring 100k BTS?
- pay 1 BTS for the transfer fee and have all the complexity and high fees on the gateways
- pay 100 BTS for the transfer fee and have cheap & easy gateways
1BTS fee do not necessarily link to complexity and high fee gateway and 100 BTS fee does not necessarily link to cheap&easy gateway, and here the point is that gateway always provide independent service, so gateway should charge independently and the gateway fee should not be added to the transfer fee.
I have a dream, I dream that one day each user can enjoy the cheap basic fee, and if they like they can buy add-on service provided by entrepreneurs. and can entrepreneurs can build their businesses freely via various tools on an attractive platform.