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Messages - mint chocolate chip

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182
General Discussion / Re: LOST BITSHARES / IDEA PROPOSAL
« on: November 12, 2015, 08:09:46 pm »
If your browser clears the cache, what exactly do you need to get it back. Is it just the backup file and password, or is it the backup file and password plus the brain key?

183
Stakeholder Proposals / Re: Worker Proposal Review
« on: November 11, 2015, 05:22:44 am »

184
General Discussion / Re: Bitshares price discussion
« on: November 10, 2015, 04:01:47 pm »
any reason for bts price rise today?
BTC38 upgraded and their accounts are showing they have nearly all or all of the bts they are supposed to have. Happy trading in China.

185
General Discussion / Re: BTC38's Fractional Balance?
« on: November 10, 2015, 03:42:10 pm »
How about their vested balance, figuring that in would that make up the difference of what they are missing?

186
Stakeholder Proposals / Re: Worker Proposal Review
« on: November 10, 2015, 03:33:39 pm »
Quote
The tasks above will be structured as 5 independent worker proposals for total of 3.5M BTS each for a combined total of 21M BTS.

Get out that calculator. The one worker proposal is nearly doubly expensive, so maybe it is supposed to be 4 at 3.5 million plus one at 7 million.

187
Marketplace / Re: For Sale: MKRCOIN, ROSE, MOONFUND, BROWNIE.PTS
« on: November 09, 2015, 03:17:42 pm »
There are standing orders for BROWNIE.PTS on the DEX @ 5BTS/BROWNIE.PTS. Why not just list them?


Wow, I can't believe that worked, thanx Riverhead! :)
:o  ::)

188
I still am a bit confused why trading fees were not part of the referral program as it stands now, that was a bit surprising to find out yesterday since I read these pages and no where got the impression that trading fees are not considered 'transaction fees'.

https://bitshares.org/technology/referral-rewards-program/
https://bitshares.org/referral-program/
https://bitshares.org/referral-program-terms-and-conditions/
The total trading volume in BTS is about $100K  (recently) meaning the network could be earning $150 per day or $54,000 per year just by moving all BTS trading on chain.   
If we can get the daily volume on the exchange up to $1,000,000  (something BTS has achieved in the past) and simply sustain it then the network would be earning $540,000 per year  (6% yield) on current valuations. 
That is just the trading volume of BTS.   Throw in the trading volume of all the other assets on the BTS chain and the total volume of the exchange will be much higher.

Under the current referral program none of that money would be going to referrers.   Under the new referral program 80% of that money would be going to referrers. 

So which is going to generate more referral income?  Trading or Transfers?   To generate 540,000 per year from transfers would require a sustained 5 transfers per minute on the network.

What use case do you want to support, an exchange or a currency?

189
Under the current referral program none of that money would be going to referrers.   Under the new referral program 80% of that money would be going to referrers. 

So which is going to generate more referral income?  Trading or Transfers?   To generate 540,000 per year from transfers would require a sustained 5 transfers per minute on the network.

What use case do you want to support, an exchange or a currency?   
I think I am sold with this argument. I was not aware that a referred user's trading fees were not passed on to those they refer.
Trading > Transferring
 
I would think that a banner ad that promotes the exciting opportunity to try trading in one of the fastest and largest exchanges in the world is very appealing to our target market.

190
I'd like to get a definitive answer.

Perhaps my goal is to make BitShares successful and indirectly I benefit. Besides, there's more to a business than just getting some referral income, which according to your numbers (so far at least) doesn't look sustainable as a profitable business, especially if you consider what it would cost to obtain a CNX license before you signed up 42 new users for a 2500 BTS reward.

And that is the secret to the success or failure of Bitshares. Developers have to create as many technical ways for us to make BitShares successful while allowing us to indirectly benefit. The more we can align the two the better the ecosystem will get.

The referral program is just the beginning of course. There is also the Brownie.PTS, the crowd funding opportunities, the potential bond market, the potential prediction market, so we have to basically bootstrap an industry and attract people to the community with mutually benefiting profit opportunities.
If his stats show 42 users / 2500 bts reward figures, then that means none of his referred users upgraded to annual/lifetime accounts, otherwise it would reflect a much higher reward.

currently it's ~10 LT per 1000 sign-ups. this is a numbers game, don't bother looking at my 44 users.

anyways, if BM makes true what he said in today's mumble there's no need to talk about referral program or earning money here anymore. since that will be dead
Can you explain please, I wasn't in the mumble and this sounds like something I want to hear.

191
Technical Support / Re: Typos in the Wallet
« on: November 06, 2015, 09:09:56 pm »
@mint chocolate chip : if possible, it would be great if you could use github for future issues you'll may notice! :)

https://github.com/cryptonomex/graphene-ui/issues

thx in advance
OK

192
I'd like to get a definitive answer.

Perhaps my goal is to make BitShares successful and indirectly I benefit. Besides, there's more to a business than just getting some referral income, which according to your numbers (so far at least) doesn't look sustainable as a profitable business, especially if you consider what it would cost to obtain a CNX license before you signed up 42 new users for a 2500 BTS reward.

And that is the secret to the success or failure of Bitshares. Developers have to create as many technical ways for us to make BitShares successful while allowing us to indirectly benefit. The more we can align the two the better the ecosystem will get.

The referral program is just the beginning of course. There is also the Brownie.PTS, the crowd funding opportunities, the potential bond market, the potential prediction market, so we have to basically bootstrap an industry and attract people to the community with mutually benefiting profit opportunities.
If his stats show 42 users / 2500 bts reward figures, then that means none of his referred users upgraded to annual/lifetime accounts, otherwise it would reflect a much higher reward.

193
Technical Support / Typos in the Wallet
« on: November 06, 2015, 07:43:56 pm »
After this paragraph on the member stats page:
Quote
Basic member
Get 80% Cashback on Fees
Lifetime Members get 80% cashback on every transaction fee they pay and qualify to earn referral income from users they register with or referer to the network. A Lifetime membership is just 20,000 BTS.

If a lifetime membership is too much you can still get 50% cashback for the next year by becoming an annual subscriber for just 4,000 BTS per year.
There are two buttons, the first spells the word subscription wrong, uses a b instead of a p.

------
Title "My Favourite Markets" change to "My Favorite Markets" on the trade page.

Below that on the Trade Page, is the word "Filter", the word Filter is written in two different fonts (or boldness)
------
On the Explore --> Blockchain page
What is the subheading "Transaction" mean? Maybe that subheading needs another word(s) to better describe what it is that thing is, i.e. Transactions per Block.

Conf., what does this stand for? I know it is confirmation, but that isn't a normal abbreviation for that word, http://www.abbreviations.com/CONF so maybe it should be spelled out for the sake of an average user.


194
Openledger / Re: Favorite Icon
« on: November 05, 2015, 04:47:43 pm »
That is how you spell Favourite.. is there another way? Favorito?
No 'u'... favorite

195
Openledger / Favorite Icon
« on: November 05, 2015, 02:07:06 am »
Is there a reason that the Open Ledger wallet does not have a FavIcon? https://en.wikipedia.org/wiki/Favicon

While on the topic of favorites, can we change the way it is spelled here "My Favourite Markets" in the wallet, I know it is the English way of spelling it, but it seems inconsistent and even this forum software thinks it is spelled incorrectly.


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