First Organized Mutually Agreed Proposal

[Empirical1.2]

-5% It's good that you guys are trying to compromise, but it's not an improvement imo.

Either you're going to gain traction in the payments business using a circa $0.2 transfer fee, particularly to incentivise merchant adoption & referrals.

Or you going to gain initial traction by attracting a userbase first at a much lower transfer fee, so our Chinese community can spread BTS and where the referral programme will still be lucrative. It would also allow Western users to generate much higher referral numbers using the myriad of opportunities present in social media sharing, donating, gifting and tipping (Sharebots.io - https://bitsharestalk.org/index.php/topic,20007.msg257180.html#msg257180 )

So I predict you will get little to no traction in the next 4-6 months, with the constant excuse, that we're waiting to get the product right.
(Merchant acquisition is unlikely to gain traction until competitive payment processor services are in place   - https://bitsharestalk.org/index.php/topic,20023.msg257656.html#msg257656 )

So I would rather get the referral programme and network effect going in China and via social media, thereby generating a useful userbase in the next 4-6 months. (Which will appeal to merchants when everything else is in place. You can in the interim come up with a solution such as percentage payments/merchant identification process that allows you to charge more for payments but less for P2P transfers.)
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How is mindphlux a committee member?

Didn't he want to dump his BTS 1.0 on exchanges that hadn't upgraded and on people that obviously weren't aware of the upgrade?

[tonyk]

After the last major debates on what the fees amount should be, The Committee Members, trying to consider all the different wishes and requests expressed by The Community, agreed on the following changes:
-Transfer fee is now 30 BTS (reduced by 25%)
-Account creation fee is now 95 BTS (halved to avoid vesting)
-Scale is now 1 (trying to avoid a possible bug on vested amount from referred LTM upgrade)

These changes will be effective from Thu Nov 19, 2015 14:07 UTC (a little less than 2 days from now)
You can check the proposal here: http://cryptofresh.com/p/1.10.14

We really hope to have been able to suit everyone for the time being.

Yours,
The Committee Members - bhuz, bitcrab, bitcube, clayop, logxing, mindphlux

Are any of the committee members actually reading the forums at least. [Apparently they are not reading the parameters they vote on for sure]

          

Re: https://bitsharestalk.org/index.php/topic,20069.msg257882.html#msg257882


 

What are you trying to? Withdrawing your vested balance?

Nope... I believe you pay this fee any time you create a vesting balance - aka one of the people you referred upgrades to LTM, or you register an asset and you are LTM 

[clayop]

After the last major debates on what the fees amount should be, The Committee Members, trying to consider all the different wishes and requests expressed by The Community, agreed on the following changes:
-Transfer fee is now 30 BTS (reduced by 25%)
-Account creation fee is now 95 BTS (halved to avoid vesting)
-Scale is now 1 (trying to avoid a possible bug on vested amount from referred LTM upgrade)

These changes will be effective from Thu Nov 19, 2015 14:07 UTC (a little less than 2 days from now)
You can check the proposal here: http://cryptofresh.com/p/1.10.14

We really hope to have been able to suit everyone for the time being.

Yours,
The Committee Members - bhuz, bitcrab, bitcube, clayop, logxing, mindphlux

Are any of the committee members actually reading the forums at least. [Apparently they are not reading the parameters they vote on for sure]

          

Re: https://bitsharestalk.org/index.php/topic,20069.msg257882.html#msg257882


 

What are you trying to? Withdrawing your vested balance?

[tonyk]

After the last major debates on what the fees amount should be, The Committee Members, trying to consider all the different wishes and requests expressed by The Community, agreed on the following changes:
-Transfer fee is now 30 BTS (reduced by 25%)
-Account creation fee is now 95 BTS (halved to avoid vesting)
-Scale is now 1 (trying to avoid a possible bug on vested amount from referred LTM upgrade)

These changes will be effective from Thu Nov 19, 2015 14:07 UTC (a little less than 2 days from now)
You can check the proposal here: http://cryptofresh.com/p/1.10.14

We really hope to have been able to suit everyone for the time being.

Yours,
The Committee Members - bhuz, bitcrab, bitcube, clayop, logxing, mindphlux

Are any of the committee members actually reading the forums at least. [Apparently they are not reading the parameters they vote on for sure]

          

Re: https://bitsharestalk.org/index.php/topic,20069.msg257882.html#msg257882


 

[clayop]

 

[Bhuz]

What does Scale mean in this context?

It is just a way to multiply/divide all the fees at once.

[jakub]

What does Scale mean in this context?

[Bhuz]

After the last major debates on what the fees amount should be, The Committee Members, trying to consider all the different wishes and requests expressed by The Community, agreed on the following changes:
-Transfer fee is now 30 BTS (reduced by 25%)
-Account creation fee is now 95 BTS (halved to avoid vesting)
-Scale is now 1 (trying to avoid a possible bug on vested amount from referred LTM upgrade)

These changes will be effective from Thu Nov 19, 2015 14:07 UTC (a little less than 2 days from now)
You can check the proposal here: http://cryptofresh.com/p/1.10.14

We really hope to have been able to suit everyone for the time being.

Yours,
The Committee Members - bhuz, bitcrab, bitcube, clayop, logxing, mindphlux