Quote from: pc on October 11, 2017, 10:00:24 PM

Quote from: oollff on October 11, 2017, 09:20:19 PM
Making the system give these payouts when voting would "solve" that problem. Similar to how it is now, but instead of having to pay to vote you would receive bts for voting.

That only means that people would vote for the sake of voting, not necessarily with the intent to choose the best candidates. I don't think it would improve the overall situation.

A blank vote could be an option If what you are saying would be an issue. My points i want to bring forward is that it should be easy to "mine" in a POS system, thus providing validation with stake and for that you shall get rewarded.

Quote from: pc on October 11, 2017, 06:48:44 PM
The problem with paid votes is that those witnesses should be elected that provide the best service, not those that promise the highest payouts.

With this i agree. Making the system give these payouts when voting would "solve" that problem. Similar to how it is now, but instead of having to pay to vote you would receive bts for voting. If the payout is standardised and handled by the platform, then the witnesses cannot compete with the highest payout.

Quote from: mf-tzo on October 11, 2017, 11:21:34 AM
Still 150 mil BTS in bittrex..wtf... What are people waiting for? I am surprised that users don't experience problems withdrawing their bts last minute. Or do they experience withdrawal issues?

But last time i logged in to bittrex it didnt say that the wallet was going offline nor have i received an email that where they say that i have to transfer my funds. I have only seen that the "markets" will be shut down. So, some people are/will probably using bittrex as a bts wallet until they say that they will lose their coins if they are not transferred, or have they already said that?

Quote from: yvv on October 11, 2017, 01:13:50 PM

Quote from: mcoin on October 11, 2017, 08:43:47 AM

That may be true, but I'm surprised no enterprising delegates/witnesses offer a % of their earnings to their voters... which makes me wonder if there's any technical impedance (or difficulty) in the system preventing them from doing so.

If it was possible to buy votes like this, this would be a flaw of DPOS.

I disagree, that would be like saying that Lisk is a flawed system. What are your reasons for thinking that such a system would be flawed?

I like the reply Methodise wrote, it gave me a better understanding on how Bitshares is trying to gain value. Capital growth vs dividends - POS systems, it is nice to have diversity in the market.

I think however that getting payed to vote is not that bad of an idea as it first might sound.
1. It will engage users of the system, and we all know that both user engagement and the size of the community increase the value of a system.
2. It will make users feel like they hold something rare and valuable, something worth holding. Something they would be hesitant to trade away, and therefor stay in the system.
3. It is a great way to redistribute the system so it stays widespread.
4. It makes the system more attractive to investors. See the economic model of NEO, that system is almost perfect from an economic point of view.
5. It will probably gain more publicity and attract more users than the referral system which is in place right now.

Why couldnt there be a combination of capital growth and dividends, giving out "dividends" (or shares for taking the effort to vote) doesn't necessarily exclude capital growth.

The payout wouldn't have to be by the delegator you voted for but maybe from the system, as an incentive to vote. As it currently is now, that you have to pay to vote doesn't really incentivise engagement and voting.

As mcoin have pointed out, it would be interesting to see what proportion of BTS are not delegated.

Many POS coins now make it possible to stake your coins and earn more coins passively. For example, with just 250 Lisk coins you can vote for delegators and earn about 1 Lisk each 14th day, same is true for WAVES, NEO, NAV, OMG and so on.

Is this something you can do with BTS as well?

Those models are very attractive for investors and would definitely have a positive affect on the price. I think much of NEOs success lies in its economic model, wish i had invested more there early on.