Author Topic: bts1.0 min fee=0.1bts how about bts2.0?  (Read 14920 times)

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Offline BTSdac

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That is the fee for TRANSFERS.

Market Orders are 5 BTS
Canceling Orders is 0 BTS

Etc.   There is no longer a once price fits all.
it is a little high

Perhaps, but so are the costs of motivating referrals.   Lower the price and the referral system loses all incentive.
people hold cash/money get less profit/interest, and hold asset like stock to get higher profit/interest
cash/money have  maximum liquidity, they can use cash/money to buy goods directly,but asset like stock get   
if consider bts as the stock of BTS system, purpose of holding a stock is to get profit , but stock lost liquidity ( also stable value ) to get profit,  we cannot sell the stock after market closing. but we should balance the profit  and easy to join in . eg. what happen if we must pay money to use google search. yes google search can get the profit from other service like advertisement
but all those fee actually  is paid by google search user ,   
so i think maximum
Tx fee 5bts as default and Min is 1 BTS
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 logxing

By the way now the fee of bitcoin is about 4 BTS.
BTS Account:logxing

Offline xeroc

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Fees are in the hands of the shareholder .. convince them to reduce the fee and make a business plan that makes shareholders a profit and the fees will be lowered ..

Offline wuyanren

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Offline Moon

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in my opnion,  transfer  fee is to protect the network from flood attack.
higher transfer fee will refuse people to join.
network profit should come from advance service, like account upgrade, asset create ....

20 BTS = 0.75 CNY, it's very expensive. especially for micro payment.

BitShares is not meant for micro txs


I agree

Offline alt

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in my opnion,  transfer  fee is to protect the network from flood attack.
higher transfer fee will refuse people to join.
network profit should come from advance service, like account upgrade, asset create ....

20 BTS = 0.75 CNY, it's very expensive. especially for micro payment.

BitShares is not meant for micro txs

Offline fav

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20 BTS = 0.75 CNY, it's very expensive. especially for micro payment.

BitShares is not meant for micro txs

Offline alt

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20 BTS = 0.75 CNY, it's very expensive. especially for micro payment.

Offline bytemaster

That is the fee for TRANSFERS.

Market Orders are 5 BTS
Canceling Orders is 0 BTS

Etc.   There is no longer a once price fits all.
it is a little high

Perhaps, but so are the costs of motivating referrals.   Lower the price and the referral system loses all incentive.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
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.

Offline BTSdac

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That is the fee for TRANSFERS.

Market Orders are 5 BTS
Canceling Orders is 0 BTS

Etc.   There is no longer a once price fits all.
it is a little high
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 bytemaster

That is the fee for TRANSFERS.

Market Orders are 5 BTS
Canceling Orders is 0 BTS

Etc.   There is no longer a once price fits all.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
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.

Offline Ander

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yes, but it can be changed by shareholder vote.
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Offline sudo

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test net  20core  is that  mean  20bts min fee?