328,028 BTS Reduction in Supply since 2.0

Started by bytemaster, October 14, 2015, 12:37:40 PM

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mukul13

Why supply is reducing and how far will it keep reducing

Akado

We should get bitsharesblocks updated with a chart of this.
[url="https://metaexchange.info"]https://metaexchange.info[/url] | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

speedy

Quote from: topcandle on October 19, 2015, 09:04:42 PM
How can we speed this up?

Promote name squatting (for fees) and allow owners to auction off their names on the blockchain (more fees).

Ander

Quote from: topcandle on October 19, 2015, 09:04:42 PM
How can we speed this up?

Get more trading happening on the bitshares exchange.
Every trade burns some BTS.
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topcandle

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speedy

Quote from: Ander on October 19, 2015, 08:56:56 PM
Quote from: Empirical1.2 on October 19, 2015, 08:47:24 PM

Where can we verify what BTS supply was at the start of 2.0? So that we can show others.

I am not sure, but the first four numbers were 2,533,....

I started keeping a record since yesterday:

18/10/2015:     2,533,418,358
19/10/2015:     2,533,393,609

But what about the paid worker developer positions? Arent we going to revote them in?

clayop

Bitshares Korea - [url="http://www.bitshares.kr"]http://www.bitshares.kr[/url]
Vote for me and see Korean Bitshares community grows
delegate-clayop

Ander

Quote from: Empirical1.2 on October 19, 2015, 08:47:24 PM

Where can we verify what BTS supply was at the start of 2.0? So that we can show others.

I am not sure, but the first four numbers were 2,533,.... 
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Empirical1.2

Quote from: speedy on October 19, 2015, 08:42:46 PM
Quote from: phillyguy on October 19, 2015, 08:42:09 PM
Quote from: bytemaster on October 19, 2015, 08:38:07 PM
Over 800,000 BTS reduction thus far!

Nice!

Take that central bankers!

+5%

Where can we verify what BTS supply was at the start of 2.0? So that we can show others.
If you want to take the island burn the boats


phillyguy

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bytemaster

For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

canucklehead

Quote from: jakub on October 15, 2015, 10:43:31 PM
Quote from: bytemaster on October 15, 2015, 10:19:40 PM
Quote from: speedy on October 15, 2015, 10:17:49 PM
Quote from: bytemaster on October 15, 2015, 01:00:18 PM
Now up to:  590,226  reduction in supply.
This really isnt sustainable is it? Its just new users registering names & memberships etc. Its not a level of revenue that is sustained from trading.

I think it will start to really work well over the next few months as we refine the UI and work out the bugs.

+5%
But please this time really stick to this plan. And it's a very simple plan:
- bring all the existing 2.0 features to the GUI level,
- make the traders happy by upgrading the market page to Poloniex standards
- and fix all the bugs.
Then the volume will come and profits from transaction fees will follow.

All the new features (e.g. the bond market etc) can easily wait, we are already well ahead of any competition is this respect.
What has always been missing in BitShares is proper UI implementation.


Couldn't agree more.  +5%

Great work on the back end, but would love to see the UI beefed up to look like Polo.

jakub

Quote from: bytemaster on October 15, 2015, 10:19:40 PM
Quote from: speedy on October 15, 2015, 10:17:49 PM
Quote from: bytemaster on October 15, 2015, 01:00:18 PM
Now up to:  590,226  reduction in supply.
This really isnt sustainable is it? Its just new users registering names & memberships etc. Its not a level of revenue that is sustained from trading.

I think it will start to really work well over the next few months as we refine the UI and work out the bugs.

+5%
But please this time really stick to this plan. And it's a very simple plan:
- bring all the existing 2.0 features to the GUI level,
- make the traders happy by upgrading the market page to Poloniex standards
- and fix all the bugs.
Then the volume will come and profits from transaction fees will follow.

All the new features (e.g. the bond market etc) can easily wait, we are already well ahead of any competition is this respect.
What has always been missing in BitShares is proper UI implementation.