Author Topic: 328,028 BTS Reduction in Supply since 2.0  (Read 15393 times)

0 Members and 1 Guest are viewing this topic.


Offline mukul13

  • Newbie
  • *
  • Posts: 15
    • View Profile
Why supply is reducing and how far will it keep reducing

Offline Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
We should get bitsharesblocks updated with a chart of this.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline speedy

  • Hero Member
  • *****
  • Posts: 1160
    • View Profile
  • BitShares: speedy
How can we speed this up?

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

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
How can we speed this up?

Get more trading happening on the bitshares exchange.
Every trade burns some BTS.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline topcandle

https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline speedy

  • Hero Member
  • *****
  • Posts: 1160
    • View Profile
  • BitShares: speedy

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?

Offline clayop

  • Hero Member
  • *****
  • Posts: 2033
    • View Profile
    • Bitshares Korea
  • BitShares: clayop
Over 800,000 BTS reduction thus far!

 +5% We need a chart for showing off!
Bitshares Korea - http://www.bitshares.kr
Vote for me and see Korean Bitshares community grows
delegate-clayop

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander

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,.... 
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Empirical1.2

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
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

Offline speedy

  • Hero Member
  • *****
  • Posts: 1160
    • View Profile
  • BitShares: speedy

Offline phillyguy

https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline bytemaster

Over 800,000 BTS reduction thus far! 
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 canucklehead

  • Full Member
  • ***
  • Posts: 54
    • View Profile
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

  • Guest
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.