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General Discussion / Re: A viable alternative to percentage-based transfer fees?
« on: December 22, 2015, 07:28:10 pm »I feel that charging a (high) percentage fee for transferring BTS (the core ASSET) is very strange. No other coin does this.I still prefer my suggestion, your method can be applied to BitAssets.
this is not only a problem of small or big transfer.
if there's one way to help me to pay to a US bank account from China, then maybe 0.5% fee is OK.
but now transfers of BTS are not so useful yet, not so useful as BTC yet. transfer of BTS are mainly deposit/withdraw to/from exchange, user always compare the fee with other cryptocoins, is 30 BTS not expensive for a 50000 BTS transfer? I think everyone feel it is expensive, not because 30 BTS is too much, but because it is much higher than other coins.
BitAssets is a little different, perhaps it can be used as payment tool for merchants, so higher fee can be accepted. and can give chance to referrers.
for UIA and privated smartcoin, I think the issuer need to decide how to develop the business, if they feel referrers can help, they can share fees with them, otherwise they can define low transfer fee to attract users. issuers need to have this kind of freedom. issuers always need to pay a lot to bootstrap the market but the high fee always plays a role to drive the users away, this is absurd.
referrers can also be issuers to make profits.
This is what I effectively propose:
- you need to pay 6 BTS for transferring 50 BTS (12% fee, instead of the current 60% fee)
- you need to pay 300 BTS for transferring 50,000 BTS (0.6% fee, instead of the current 0.06% fee)
If you say an increase from 0.06% to 0.6% (on bigger transfers) in exchange for a reduction from 60% to 12% (for smaller transfers) is a bad deal for you - indeed, we are not able to reach an agreement.