Author Topic: bts1.0 min fee=0.1bts how about bts2.0?  (Read 14921 times)

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Offline Moon

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Offline sudo

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What is the reason    make new users have to use the BTS system and pay high fees?

Offline sittingduck

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Publishing feeds is cheap/free.   Updating your account to vote is also cheaper.   

Keep fees high.  There is tremendous value in every transfer.


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Offline sudo

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then  how much is the feed price cost? 
high frequency

Offline sudo

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how bts hit the highest 0.34CNY again?
20bts cost  6.8CNY per transfer
i  think the fee can adjust by voting

vote percentage   the top1 delegate is only 19.96%
would it be pass?
or  vote>against   then pass?

Offline tonyk

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Why are the fees so low?

50 usd for lifetime membership, that is peanuts! Have we already calculated doubling the price?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline BTSdac

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how bts hit the highest 0.34CNY again?
20bts cost  6.8CNY per transfer
i  think the fee can adjust by voting
github.com :pureland
BTS2.0 API :ws://139.196.37.179:8091
BTS2.0 API 数据源ws://139.196.37.179:8091

Offline sudo

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how bts hit the highest 0.34CNY again?
20bts cost  6.8CNY per transfer

Offline sudo

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give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101.  Launch your new tech product with high profit margins the. lower it over time to discourage competitio.  This will allow us to keep the monopoly longer and pay for more R&D with serious profits.

the fees are good for several things we need:

- flood prevention
- affiliate marketers
- fee pool (which funds development)

so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.

only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS  fee is acceptable, but 20BTS fee will create big problem.   

NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.

In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.

if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.

please elaborate on the "big problem" you see

how many new users would like to pay 10000bts get lifetime  member?
or 2000bts for one year?

users that want micro txs, many transactions in general or join the affiliate system.

when tps hit the limit level such as 50tps 100tps  fees can be rise dynamic

Offline sudo

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give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101.  Launch your new tech product with high profit margins the. lower it over time to discourage competitio.  This will allow us to keep the monopoly longer and pay for more R&D with serious profits.

the fees are good for several things we need:

- flood prevention
- affiliate marketers
- fee pool (which funds development)

so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
  try our best to avoid directly collect fund from end user
  can you image what happen if user should pay for google search ?

+10086

Offline sudo

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how about vote action  ? same 20bts?

old users  lifetime member still need  4bts*  0.0361cny/bts=0.1444CNY

how bts2.0  attract new users to use?

Offline BTSdac

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give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101.  Launch your new tech product with high profit margins the. lower it over time to discourage competitio.  This will allow us to keep the monopoly longer and pay for more R&D with serious profits.

the fees are good for several things we need:

- flood prevention
- affiliate marketers
- fee pool (which funds development)

so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.
  try our best to avoid directly collect fund from end user
  can you imagine what happen if user should pay for google search ?
 
but about "affiliate marketers" I real don` t konw high fee is a good or bad idea.
it is a magic question,because high fee encourage user introduce new user ,but high fee also prevent new user use it more
it is a dilemma
« Last Edit: October 10, 2015, 03:59:31 pm by BTSdac »
github.com :pureland
BTS2.0 API :ws://139.196.37.179:8091
BTS2.0 API 数据源ws://139.196.37.179:8091

Offline fav

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give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101.  Launch your new tech product with high profit margins the. lower it over time to discourage competitio.  This will allow us to keep the monopoly longer and pay for more R&D with serious profits.

the fees are good for several things we need:

- flood prevention
- affiliate marketers
- fee pool (which funds development)

so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.

only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS  fee is acceptable, but 20BTS fee will create big problem.   

NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.

In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.

if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.

please elaborate on the "big problem" you see

how many new users would like to pay 10000bts get lifetime  member?
or 2000bts for one year?

users that want micro txs, many transactions in general or join the affiliate system.

Offline sudo

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give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101.  Launch your new tech product with high profit margins the. lower it over time to discourage competitio.  This will allow us to keep the monopoly longer and pay for more R&D with serious profits.

the fees are good for several things we need:

- flood prevention
- affiliate marketers
- fee pool (which funds development)

so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.

only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS  fee is acceptable, but 20BTS fee will create big problem.   

NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.

In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.

if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.

please elaborate on the "big problem" you see

how many new users would like to pay 10000bts get lifetime  member?
or 2000bts for one year?

« Last Edit: October 10, 2015, 03:11:54 pm by sudo »

Offline fav

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give us a voting range of 0.1 to 20 BTS and we will initially start out at 20 but and when a new competitor finally enters our Public Smart Property space, the. we can lower the price to undercut the competition. Its business 101.  Launch your new tech product with high profit margins the. lower it over time to discourage competitio.  This will allow us to keep the monopoly longer and pay for more R&D with serious profits.

the fees are good for several things we need:

- flood prevention
- affiliate marketers
- fee pool (which funds development)

so everyone demanding low fees for the sake of micro transactions should look for one of the 1000 other coins that offer nothing more than that. we have a business to run and sustain here.

only the first reason -flood prevention- is reasonable.
it is not a good idea to get development funds from transaction fees.
look at ripple. or NXT, they also keep on developing, but with low fees.
maybe 1BTS  fee is acceptable, but 20BTS fee will create big problem.   

NXT has 0 growth, Ripple is a centralized shitcoin, I don't see any connection to Bitshares there.

In order to get people in it was decided to get an affiliate system, and that's the best move in my opinion.

if you want small tx fees, upgrade to lifetime member, then you can have 4bts/tx.

please elaborate on the "big problem" you see

now 20BTS = 0.75CNY, if the price of BTS go up, it will be easy for it worth 1CNY, 2CNY.
alipay is free for transfer, many online transfers between banks in China are free, to pay 1CNY to do a transfer in a cryptocurrency system? this is a very bad feeling, however of cource, if you need to discourage new users to join or encourage the current users to leave, this is a good method.

there's many ways to get funded, to issue an asset, to provide customized service or even contact VC, relying on transaction fees bring the worst user experience.
and, to get development fund from fee pool  bring this worry: development team enjoy high fee rate, their interest is not consistent with that of the user/stakeholders, this may bring some kind of centralization and make the community split.

so if you want to compare centralized payment services with bitshares take a closer look at others. maybe in your country it's free, but western union for example charges up to $10 per TX. Paypal charges a percentage fee. those are just 2 examples. oh and every service can just freeze your account.