Author Topic: poll for changing call_order_update and _account_update fee  (Read 4882 times)

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Offline Bhuz

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Since both of these fees are not (and should not be) an income of revenue, I think the fees could be easily set to 1 BTS. (just for spam protection)
I can see no reason to put them at 5 BTS instead.

Offline clayop

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Committee is reorganized so we can now put this topic on table again. Be noticed that there's also committee guideline ( https://bitsharestalk.org/index.php/topic,20510.0.html ). Will you support or reject reducing these fees? 5 BTS or 1 BTS?
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Offline puppies

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I support reducing both fees to 1bts, and will vote accordingly. 

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Offline clayop

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Bump... This might be the next proposal, but currently suspended because committee members (except inits) does not exceed 50%
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Offline xeroc

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I think cube would like to see 1BTS instead of 5BTS ..

Offline Akado

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I would say 5. 5 is not too significant, yet, is still 5x more than 1 bts fee.

Tranwiser and other shorters are already paying trading fees for buying and selling bitUSD/bitCNY.  We are already making business out of it.  Charging for changing margin positions is an extra financial burden which only serves to discourage shorters. Aside from a small fee to prevent spams, I think it is unwise to put up extra friction to shorters resulting in lower liquidity.  BM agrees to a fee of 1BTS.  I believe this is a good balance.

Reducing from 40 to 5 is putting up extra friction on shorters?
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Offline cube

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I would say 5. 5 is not too significant, yet, is still 5x more than 1 bts fee.

Tranwiser and other shorters are already paying trading fees for buying and selling bitUSD/bitCNY.  We are already making business out of it.  Charging for changing margin positions is an extra financial burden which only serves to discourage shorters. Aside from a small fee to prevent spams, I think it is unwise to put up extra friction to shorters resulting in lower liquidity.  BM agrees to a fee of 1BTS.  I believe this is a good balance.
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Offline Akado

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I would say 5. 5 is not too significant, yet, is still 5x more than 1 bts fee.
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Offline bitcrab

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This fee can be lower it isn't our core business.  I say lower to 1 BTS
+5% +5% +5%

Committee Members, Make it So!

Another "non-business" fee would be updates of votes/proxies (account_updates in general) ..
being a proxy may turn out to be expensive depending on how many worker and committee movement we will see ..

then let's reduce both the call_order_update and account_update fee to 1 BTS?
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Offline Bhuz

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Another "non-business" fee would be updates of votes/proxies (account_updates in general) ..
being a proxy may turn out to be expensive depending on how many worker and committee movement we will see ..

Maybe we could lower that fee too

-It is not a core business fee
-Nor a big source of income
-It could encourage people to vote
-It would help our proxy members

Offline xeroc

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Another "non-business" fee would be updates of votes/proxies (account_updates in general) ..
being a proxy may turn out to be expensive depending on how many worker and committee movement we will see ..

Offline theredpill

I think this should be amost free (just anti-spam fee).

Offline bytemaster

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Offline freedom

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Offline sittingduck

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This fee can be lower it isn't our core business.  I say lower to 1 BTS