BitShares Forum

Main => General Discussion => Topic started by: clout on August 25, 2014, 07:37:36 pm

Title: Time to increase the dividends
Post by: clout on August 25, 2014, 07:37:36 pm
BTSX is proving itself pretty well on the market. I have collected enough BTSX to cover the cost of running delegates for the entire year. As a result I have decided to decrease my payrate to 0%. With this increase in market cap and transaction volume we should certainly increase the earnings per share.
Title: Re: Time to increase the dividends
Post by: maqifrnswa on August 25, 2014, 07:45:49 pm
BTSX is proving itself pretty well on the market. I have collected enough BTSX to cover the cost of running delegates for the entire year. As a result I have decided to decrease my payrate to 0%. With this increase in market cap and transaction volume we should certainly increase the earnings per share.

Great! Thank you!
Title: Re: Time to increase the dividends
Post by: cygnify on August 25, 2014, 08:04:11 pm
BTSX is proving itself pretty well on the market. I have collected enough BTSX to cover the cost of running delegates for the entire year. As a result I have decided to decrease my payrate to 0%. With this increase in market cap and transaction volume we should certainly increase the earnings per share.

 +5% +5% +5% +5%
I love hearing that. That already you have made enough money to cover your costs (that's amazing!), and then 0% payrate now, even better!
Thanks. 
Title: Re: Time to increase the dividends
Post by: liondani on August 25, 2014, 08:13:12 pm
reduce to 5%  (like our  +5% meme)
Title: Re: Time to increase the dividends
Post by: yellowecho on August 25, 2014, 10:50:32 pm
You're the best, clout!   +5% +5%
Title: Re: Time to increase the dividends
Post by: arhag on August 25, 2014, 10:54:16 pm
I don't think this is a good idea. Especially since the way the system is currently set up, you cannot later increase the payrate for your delegate.

I think the gains that burning fees gives to shareholders in these early stages is so small compared to the gains which can be achieved by greater user adoption due to using the money on strategic development / marketing / business deals. I would rather see delegates campaign on giving a huge fraction of their collected fees to groups that stakeholders think have a good business plan for increasing BitShares X adoption.

Title: Re: Time to increase the dividends
Post by: maqifrnswa on August 25, 2014, 11:13:28 pm
I don't think this is a good idea. Especially since the way the system is currently set up, you cannot later increase the payrate for your delegate.

I think the gains that burning fees gives to shareholders in these early stages is so small compared to the gains which can be achieved by greater user adoption due to using the money on strategic development / marketing / business deals. I would rather see delegates campaign on giving a huge fraction of their collected fees to groups that stakeholders think have a good business plan for increasing BitShares X adoption.

I had the same initial response, but he/she has enough clout to get another delegate elected in future with higher rate if needed. I am still concerned of low pay rate delegates abandoning the network since they can't increase pay rate.
Title: Re: Time to increase the dividends
Post by: speedy on August 25, 2014, 11:21:10 pm
BTSX is proving itself pretty well on the market. I have collected enough BTSX to cover the cost of running delegates for the entire year. As a result I have decided to decrease my payrate to 0%. With this increase in market cap and transaction volume we should certainly increase the earnings per share.

That's awesome - we sure do save a lot of money not having to pay for miners :)
Title: Re: Time to increase the dividends
Post by: cass on August 25, 2014, 11:24:46 pm
yup awesome :)  +5%