1
Technical Support / Re: Can't trade even though I have assets
« on: July 25, 2016, 03:43:18 am »
Damn alright that makes sense, well thank you for the help
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
For average Joe, bitshares is missing something like ripple path finding. It makes automatic currency conversions smart way. For example, suppose you save in bitGold and you want to make a payment to online shop which accepts bitUSD, but is no market between bitGold and bitUSD. The system goes and checks different order books, and finds a cheapest path for you like BitGold -> BTS -> BitBTC -> bitUSD. This is a killer feature of ripple and must have in bitshares in order to be accepted by merchants and by general public. It is not trivial to implement though.
The problem with that idea is that a proposal that people find unlikely to increase the BTS price will probably not be implemented and the prediction can never be settled. Or did I miss something?
Jeepers Hunter_S, I'm pretty sure that is not what I've said or meant, but if I've miscommunicated my points, I appologise.No worries Ben. I see what you mean and actually agree about the vision of Bitshares and whatnot, I was just a little annoyed with what I thought was some random and sudden change in direction. My bad if I misinterpreted that. I just feel very strongly about getting things done right before we move on to the next idea.
There are two businesses here:
1. Payments
2. Exchange
...
What about differentiate the Payments business in
A: user to user (lower fee nexto to 0, if not 0 at all)
B: user to merchant (higher fee)
There will be need of a new account type for merchant, with different setting on fees.
And maybe also some pros attached to this new type of account...
Would be this feasible ?!