I sold BTS then BM leaved, as many more people, but now I'm ready to rebuy, because Bitsheres are finally free from authority and did't crashed!
Now there is only two truly decentralized platforms in crypto: Bitcoin and Bitshares. Is is huge!

This means that Bitshares resilient, it will survive hustle market conditions, and as Bitcoin, it will rise to the top! But this time, top coin will not have problems with scalability and governance. Boom!

I don't think that we should be angry on bytemaster, he did tremendous amount of work and was not fairly compensated. I would like to see in the future that we hiring him as developer.
I played a little with Steem and it is very promising. It has simple sell point, it is addictive like facebook, using it reminds me feeling that I have using Bitcoin in early days. Try it guys, don't hold your anger.

Quote from: kenCode on February 14, 2016, 03:13:12 pm

So, the 2 words only ACCEPTED HERE in ALL CAPS should be changed to..?
Thanx in advance @pal @krondix

I vote for "МЫ ПРИНИМАЕМ"

I would agree on this one. But it should be "МЫ ПРИНИМАЕМ Bitcoin", not "Bitcoin МЫ ПРИНИМАЕМ".

If you want "Bitcoin" first, than "Bitcoin ПРИНИМАЕМ ЗДЕСЬ".

Recorded version would be great!

Quote from: alt on October 18, 2015, 12:40:21 am

guys, you are OK with the current fee.
but in fact, Chinese and other developing country will never accept the high transfer fee.
In China we spent no fee with alipay and most  bank card.
BTS will lose these market if the fee still keep about 0.6CNY
If you don't care about these market, OK, just keep higer fees. wish enough American like BTS and can be a real user.

Here in Argentina:
* Free bank accounts (no CC, just saving)
* No transfer fees (below 30K ARS)
* Instant transfers

In Russia all the same. It would be difficult to average people to grasp why they would have to pay the fees.

So we should hide the fee? Maybe wallet provider could help. He could set low fee for transfers, but for trading would be required lifetime membership purchased. Many apps monetize this way in AppStore.

We don't pay for facebook or google every time we use it (directly), because we are the product they sell us to advertisers. It is good model, BUT bitshares not mature enough for this. Right now we don't have a lot of options except make fees lower.

What about 0.1% fee with a minimum fee of $0.01 and a maximum of say $0.10

That way if you send/receive <$10 you only pay $0.01. $25 is $0.025 etc..

What would be great! Is it easily doable? What we need for this? Let's start casting votes! 

It would be better to raise fees on BTS transfers to allow the network to benefit from all those transfers to/from poloniex.

Lets face it all transfers at this point are just to/from an exchange by people who either want out of BitShares altogether or are transferring to their own wallet for the long term. Its not facilitating any real merchant activity at the moment. Either way they wont mind paying a fee of around 50 BTS.

Fees getting higher with growth of the system, so lowering the fees will be temporary. Eventually BTS will be profitable, but right now there is not enough users to get this profit from.

Doesn't make sense. These are not the reasons the BTS price is low.

The priority is to finish the GUI and implement all the missing features on the GUI level.
The unfinished UI is the main barrier for new users and also the reason we have low volumes on the internal exchange.
When new users arrive the price will recover and when traders start trading there will be profits from transaction fees and an additional reason for the price to rise.

So at this moment it all boils down to having the UI truly ready.

UI is good enough to make transactions and even trade, but now it's too costly

I disagree with reducing fees for two main reasons:

1) It makes the referral program a lot less interesting if you dont expect the users you bring in to generate much of any fees.  So then it will fail.

2) A big reason why the BTS price has been trending down for a year is that the supply is increasing, that is, the blockchain is operating at a loss instead of being profitable.  As soon as we can demonstrate a blockchain making a profit over a reasonable period of time, even a small profit, it will attract a lot of attention.  Everyone is used to inflating blockchains that hemmorhage money (through PoW or whatever), but if you change that around and are actually making a profit, then a lot of investors will want to jump on board.  And helping the price break its downtrend is going to help adopting a LOT, because a major inhibitor to adoption right now is that everyone who buys in loses money and gets disillusioned.

...

1. Low fees are easy sell, we could subscribe more people. Any working referral program will be good incentive for people.
2. We made mistakes in the past, lowering we fees will not be worse than other decisions. But system will become actually usable by people, not investors.