Quote from: bitcrab on November 16, 2015, 02:04:55 pm

I understand the referral businesses need to keep a high fee. however these merchants are not the only BTS relevant part that need to be cared, and I am not sure what kind of success they can get, but what I can feel everyday is that the China community stop growing, and even begin to shrink, one of the main factors is the high fee. surely traders, market makers and common users need lowering fee, their benefits must also be considered.

What exactly you are trying to do there in China? How do you use Bitshares? What features are most valuable? If you really value some feature, why you wouldn't be willing to pay for it?

Right now many important features of Bitshares aren't yet implemented, so the use cases aren't really that plentiful. I haven't even imported all of my funds yet because there aren't anything I want to use them for (although voting seems to becoming important so maybe I should import the rest in the near future).

If you are so eager to use Bitshares for something, why not tell us what you are doing?

Important thing here is to understand how Bitshares can offer something so valuable to users that they are ready to pay for it. Remember, the point is to get and keep the DAC profitable. One way of achieving it is to get lots of users and collect low fees. But that is usually more difficult way than building a superior platform that gives so good service that users are ready to pay higher fees without problems.

Quote from: bitcrab on November 16, 2015, 02:04:55 pm

in my view, if you have some opinion to a proposal, you should become an active committee member or find one committee member that can represent you and set him/her as your proxy. and let the votes tell the majority's opinion.

we need more active committee members to fill the slots, and these committee members should represent different parties, please take action, if you need to add you shares to some opinion.

There is not yet GUI tools for committee members, which is propably the biggest reason we haven't seen many candidates so far. In addition, there aren't really that many people here who have a good understanding of blockchain technology and economics. I suppose we need to discuss these things for a while so that more people can understand better what we are doing and how we can achieve our goals. IMO real economists are in need here.

This is why I wouldn't rush things. Let's discuss first everything thoroughly and then make decisions.

BTW, I'm a little bit interested in becoming a committee member. I'm not in any way a professional economist but I've tried to read a lot about blockchain economics so I might be a good fit on the committee position. Lack of GUI has been the reason why I haven't yet done anything about it. If I have time next weekend, I try to look and understand enough of the command line wallet so that I can publish my committee membership application.

Quote from: wallace on November 16, 2015, 04:15:52 pm

Not really. only 0.5 BTC at 1000sat

rare liquidity is the truth, no one want to trade bitBTC now.

what exchange are you looking at?