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We will give exchanges 1 week notice from the time we publish the final code.Posting code is not an announcement. We must not assume that all business partners are subscribing/monitoring our code-base.
maybe I'm missing something... why is it important to inform exchanges about stealth? Is it just important to inform them of any hardfork? If they are not informed, will this prevent them from making BTS transfers?Absolutely it prevents. Deposit and withdraw will be suspended if they cannot follow hardfork.
We will have many other service providers on BTS. Skype is not enough if we have numerous partners. So it would be better to have an announcement page in the official site IMO.There is a skype group with many exchanges that has been created for this particular case (and for emergency fixes of course)Ben is preparing the release for stealth, we can set the hard fork date to any day we like, but the code should be frozen today with all changes merged to the Bitshares branch.So will your team contact exchanges? Or leave them behind?
bytemaster is in that group as well
Ben is preparing the release for stealth, we can set the hard fork date to any day we like, but the code should be frozen today with all changes merged to the Bitshares branch.So will your team contact exchanges? Or leave them behind?
I have some 50k BTS got stuck without being deposited . Support takes soo long to respond, when he did respond he said it was finally deposited and it is still not. Anybody else having issue with poloniex?I have 80k stuck in now. They replied 7 hours ago so it will be fixed soon.
Why are exchanges avoiding MUSE??? It is #23 on CMC!Someone had pts in polo had to tell them he will sue polo because polo doesn't allow him to claim his own MUSE
This tells a lotplease notice what I saythen please explain to me what alt / baozi is doing just now. I certainly does not recognize any value brought to the ecosystem.
why not after you do good effort and wait btser to vote . I think if you do really useful work to bts, they must vote support to your worker.
If this goes on .. and more shareholders support him .. he could essential force the network to stand still in development ..
I thought that was the exact assurance when BM introduced the dilution : If shareholders do not like the inflation rate , they can vote against it .
On a side note , false development is no development at all . ( dilution and tons of AGS fund has funded a lot of things in 1.0 , and none of it was worth it because by the dev's own word ------1.0 was not usable to users . And graphene was paid by the developer's own dime. ) False development meaning development that just for "workers' sake" instead of those work that's really needed and will have lasting effect on the project instead of every work that has been paid and then be abandoned and move on to another new direction .
I guess he has just seen false development funded by dilution too much .
But then again , the doubt is bound to happen after failing to see result generated from dilution after one year whose effect has been devastating on the marketcap . "Marketcap will rise if you let us dilute and keep developing" , which was also the only reason that the stakeholders allowed changing the allocation schedule and ruined the reputation of BitShares in the first place . So ........ Is this objection really that surprising to you ?
But I guess it's for third party businesses to create those specialized front end to appeal to those target markets.
I've expanded the BTS use-cases since but I came to the same conclusion early last year.Quote5 New Websites for 5 separate BitShares businesses
Trying to understand & sell BitShares all as one is hard... but within BitShares we have many businesses that are easy to pitch & easy to grasp on their own.
We could create websites and brand 5 different businesses that we view separately but are still managed by BitShares
BDEX BitAsset Exchange
BlockchainUSD BitUSD and other BitCurrency specific simple wallets
TheNewSwissBank Private BitAsset Bank (Buy assets at mark-up no use of exchange)
SovereignVault Unseizable BitGold & BitCommodity Vault (BitGold and silver sold & bought + gateway)
E.T.SendHome Global BitCurrency Remittance
https://bitsharestalk.org/index.php/topic,13325.msg174295.html#msg174295A guy in Argentina has heard about dollar stable assets & could be interested in BitUSD. Do you want to send him to the decentralized exchange? Will he go with us or NuBits?
Your dad keeps gold in a vault he's heard about blockchain gold. Where do you want to send him? The decentralized exchange? Will he go with us or BitGold.com?
A businessman has heard about currency stable accounts that are better than having a Swiss Bank account. Do you want to send him to the exchange? Will he go with us or a competitor that has branded themselves similar to a bank?
A taxi driver wants to send money home to his family. Do you want to send him to the exchange?
Will he go with us or a simple branded site set up specifically for remittance.
That was the idea behind it, that we actually make it simpler that way.
I can assure you forex, stock, option, futures traders do take fee's seriously... but only if the fee's are exorbant.Wow I cannot believe you're complaining about high fee...
They will not care if a fee is 1 cent or $1. What they will care about is when they see they could execute a $100,000 trade on ETrade and pay $7 in commissions, but then try to do that same trade in bitshares and pay $100. Then imagine if people start using leverage with bond market... multiply their costs by 10.
If you are going to do the %based fee's, there needs to be a ceiling involved. My back of the napkin sweetspot would be %based fee's up to $20... $20 is half the price that many ECN brokers charge to do larger forex orders.
@xeroc ,
I started to reply to your replies but I when I finished, I felt sick and I erased all this, as I realized I don't want to do that any more.
We are wasting our time in those endless discussions.
My point is only this: manipulating with the fees should be the last thing on our list, to be considered only after a serious attempt has been made to bootstrap liquidity.
I've shown BitShares to many people, there were many different questions and concerns, but none of those concerns was ever related to fees.
This makes me think that most probably fees are *not* our issue.
But I cannot prove that, just as you cannot prove the opposite.
I'm wondering how can you confidently say that numbers. Why up to $1? Why don't care $0.1? Any reasons or just your intuition?6000 fixed or not, the point is, with one model you get to pay MT4 24x faster while at the same time providing MT4 users way lower fees than they're used to (I'm not sure about this part because I believe most would be crypto traders used to low fees maybe). I think that was his point.
I see. But according to economics 101, demand is determined by price. So 24x is not a realistic number. If we have 1000 BTS fee, he cannot recoup the cost 30x faster.
The point is, you cannot judge which fee is "killing referral" or which other is not. It also depends with demand and your business model.
You are assuming that the supply and demand is linear. It's not. Those same traders don't care if they are paying $0.0035 or $0.10. Demand is inelastic and logarithmic between these prices and probably up to $1.00. This is hopefully in your econ 101 text book as well.
The real world isn't a linear supply and demand chart... those charts were designed to help students get an idea of how S/D works.
