Quote from: imr3 on November 24, 2015, 12:42:42 am

引入ETH交易是可行的，只要这个交易品种有市场。如果开通ETH/BITCNY交易对的成本不高，那就赶紧搞起来。

开通IOU交易对没多少成本，但是现在使用成本比较高，一是下单手续费比较贵，二是转账手续费比较高也导致了不方便充值提现。

对于LTM来说还可以，但是现在20000的LTM费用实在太高，真想降到10000去。

the way is ok, I am not sure about the price, please devs advice.

and $45000 can be funded by 112500 transfers if each transfer contribute $0.4.
suppose 100 stealth transfers each day, need about 3 years to cover...

I hope below change can be implemented with high priority:

1.  Prevent margin call from being triggered unless the price feed is less than call price  (popular demand)

Your statements are absolutely correct and have been communicated that way for quite some time .. it's called 'floor or parity' ...
It's not really a "flaw" in the system .. it is how it designed and supposed to be working ..

In order to be safe against falling prices you will always need to have more then 1x collateral ..
The only thing that you can do differently is .. also allow other kinds of assets to be used as collateral ... much like what MAKER is doing with the DAI on ethereum ..

I always considered whether Bitshares can introduce BTC as mgwBTC in NXT and use it as collateral to generate other bitassets such as BitUSD, BitCNY.

翻译得有点误导性。
对于理事会投票决定调低交易费，BM是表达了他的喜悦的：

调低交易费的最大阻力也不是BM，而是一帮推荐人服务商。

不知道BTS会不会象当初的美国一样，华盛顿打完仗向大陆会议交出了他的权杖，之后国会建立，两党整天撕逼。

调低手续费只是个开始，还会继续调的，怎么调却需要仔细研究，把推荐人服务商们惹毛了来跟你拼命就不好玩了。

有时想想都觉得累，才TM5000万的市值，搞得这么复杂，小蚁再来一次众筹估值多半都要超过它了。。。

熊，我觉得我比BM可怜多了，来安慰安慰我吧。。。

Smartcoin + high performance exchange,  in my view this is the core competence of Bitshares.

blockchain concept create many possibilities,  for most widespread cryptocurrency Bitcoin maybe the No.1,  for smart contract and DApp Ethereum may be the first choice, however regarding pegged digital assets and decentralized exchange, Bitshares come to user's mind firstly.

each platform should focus on something, to do everything always means nothing can be done best.

Why I am still here?  it's not easy to answer. I think because I feel Bitshares still have potential to play an important role in the blockchain/cryptocurrency  industry,  there are things to be done and worth doing.

and I still haven't made enough money here, I should finish this task.

Hmmh, this got me thinking...

What is the value of bitBTC? Why would anybody want to acquire it?

For a common user bitBTC doesn't offer any benefit. It can be used only in the Bitshares exchange, compared to real BTC that can be used for many different things like buying stuff online.

So basically bitBTC is useful for only (1) traders, (2) who use Bitshares DEX and (3) want to avoid counterparty risk that UIA-BTC has. That's a quite small market segment. Do we really want to serve them well in this point or rather focus on other things that might bring greater benefits for more users?

agree, I also feel that BitBTC make little sense, BTC is not a stable currency, why should I lock one unstable asset (BTS) as collateral to get another?

surely we need to introduce BTC to Bitshares, is it possible to make another kind of "BTC" as NXT did using multisig? it is closer to real BTC and we can lock it as collateral to generate BitCNY or BitUSD.

constructive suggestion!

Quote from: clayop on November 18, 2015, 12:03:31 am

So sorry to see everyone's complaining. Let me share my personal feeling.

Since the launch, we always have increasing fees, from 0.5 to 20, to 40, and now facing to 60 ($0.2). I think we need to see the opposite direction.

As a lower-fee advocate, I still prefer 5-10 BTS. But I don't want to destroy our growing business based on referral system. (While I still think that lower fee can bring more users and profit for referrers). In this dilemma, I had to decide to satisfy only one side with beating the other, or making a compromise.

Decreasing just 25% is obviously not satisfying to both sides. However, IMHO, it does not break this community into pieces. It maybe not a win-win solution, but better than zero-sum approach. I think it's not a final destination. We're still on the way, and if the community makes a consensus, we can move toward it.

Regarding the order creation fee, we haven't discussed yet because BM's proposal is in the pipeline. After the release, we will discuss about lowering the fee.

Thanks for your invaluable inputs and feedback. We're open to any opinions.

What was so urgent about making an immediate decision that no one likes? I definitely think the committee members could have suspended the meeting long enough to come back to the community and said "Here is what we're looking at; what do you think?" Or "There's not enough support for this proposal. What about a midway compromise instead?"

And we would have told you straight up that no, this was not a wise choice for any of the parties concerned.

Unless you think that the lower fee is now low enough that you can get some traction in your home country or in China. In which case, I say 'go for it'. You wanted the lower fees, you've got them (at least in a half-assed sort of way). The pricing structure does not work well in first world countries where we were trying to fund some marketing, so if this is what you wanted, it's now your turn to show us what you can do. Bring us some volume.

initially we drafted a proposal to decrease the transfer fee to 9 BTS, after many discuss we escape to 30 BTS. I don't think a 40->30 change will obviously hurt the referral program business.

40->30 decrease the margin, but volume and BTS price also are factors to the profits. I belive the change will contribute positive to the latter factors.

the change really does not satisfy China community, but at least they are convinced that change are possible. it may prevent the community from shrinking.

in China little people are really interested in the referral program, here alipay is free, and bank transfer is free, and traditional exchange charge lower fee.

I agree that DEX is amazing, but now what can people do here?

to buy and trade assets such as BTC? where is the liquidity?

to do international remittance? do you think it's really convenient?

we have long way to go. and should try not to hurt common users if possible.

and I think if you can succeed under 40 BTS fee, you can also succeed under 30 BTS fee.

everyone can be committee member, If you have better ideas and think it should be implemented, try to become an active committee member or vote the active committee member that support your ideas, and let the voting do the decision. voting may bring imperfect solution, but it can maximize consensus.