Author Topic: Delegate vote swaps  (Read 2921 times)

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Xeldal

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Re: Delegate vote swaps
« Reply #15 on: July 20, 2014, 05:00:29 pm »
Lets trade votes. You vote for my delegate bitcoiners and I will vote for yours.  8)

I will even throw in 10 Stars to sweeten the deal.





Reply to this thread with your delegate name.

Not only 99% of you are greedy bastards (collecting 100% of the fee), but you also swap votes to do so!

Vote for delegate nogreedydelegatesintop100

You presume to know what we intend to do with collect fees.

Only one of my delegates will spend income on coke and hookers.   :o

Offline Simeon II

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Re: Delegate vote swaps
« Reply #16 on: July 20, 2014, 05:07:19 pm »

You presume to know what we intend to do with collect fees.

Only one of my delegates will spend income on coke and hookers.   :o


Let me guess… it would be the sole owner of them!

Xeldal

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Re: Delegate vote swaps
« Reply #17 on: July 20, 2014, 05:23:43 pm »
Not to mention, not one of us currently has a single delegate in the top 101.

I haven't seen any comments from you about the more than 60% of current delegates seeming controlled by 1 individual or group with the same 100% fee collection.  There's at least another 2 that control another 20% again at the same 100% fee collection.

Your comment is perhaps a little miss guided?
« Last Edit: July 20, 2014, 05:25:35 pm by Xeldal »

Offline JA

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Re: Delegate vote swaps
« Reply #18 on: July 20, 2014, 05:26:32 pm »
Not to mention, not one of us currently has a single delegate in the top 101.

my delegate is on second slot currently

Offline Simeon II

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Re: Delegate vote swaps
« Reply #19 on: July 20, 2014, 05:29:23 pm »
Not to mention, not one of us currently has a single delegate in the top 101.

my delegate is on second slot currently

And the ONLY one with less then 100% fee...

Offline JA

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Re: Delegate vote swaps
« Reply #20 on: July 20, 2014, 05:30:15 pm »
Not to mention, not one of us currently has a single delegate in the top 101.

my delegate is on second slot currently

And the ONLY one with less then 100% fee...
nope i saw 2 or 3 in the top 101 with 80 %

Xeldal

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Re: Delegate vote swaps
« Reply #21 on: July 20, 2014, 05:49:37 pm »
Not to mention, not one of us currently has a single delegate in the top 101.

my delegate is on second slot currently

And the ONLY one with less then 100% fee...

so I missed one, gratz jabbajabba

I'd be willing to bet that the 50% pay rate has little to nothing to do with his placement.

In fact I've change my delegate xeldal to 50%. Lets see if it has any effect.

I don't expect this to change anything, but I'd be delighted to be wrong.

Offline spartako

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Re: Delegate vote swaps
« Reply #22 on: July 20, 2014, 05:56:24 pm »
Also all spartakos moved to 50%....so Simeon II please vote for notgreedydelegatesintop100
wallet_account_set_approval spartako

Xeldal

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Re: Delegate vote swaps
« Reply #23 on: July 20, 2014, 05:56:46 pm »
Personally I would prefer a delegate with 100% pay who has a solid targeted plan to use that income wisely, rather than one with 0% pay who is essentially targeting everyone equally.

Offline Simeon II

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Re: Delegate vote swaps
« Reply #24 on: July 20, 2014, 06:13:06 pm »
Personally I would prefer a delegate with 100% pay who has a solid targeted plan to use that income wisely, rather than one with 0% pay who is essentially targeting everyone equally.


I do not know where you live, but in this country we have seen a lot of politicians claiming to know how to spend our money better than us.

Most of the time the money not spend for themselves/given to friends are used for starting a war or two with random country.
So, I personally am not voting for any delegate with over about 15% pay rate, period.



Offline Riverhead

Re: Delegate vote swaps
« Reply #25 on: July 20, 2014, 06:18:19 pm »

From what I've read the pay rate percentage isn't how much you keep vs return to the market it's how much you keep vs "destroy to reduce supply".  So it's not like if you're at 50% you're being less greedy (in the short term).  You're just reducing the number of BTSX by destroying half the transaction fees you earned.  This will likely increase the value of each BTSX in a classic supply/demand sense I guess.


Someone correct me if I've misunderstood this.
« Last Edit: July 20, 2014, 06:20:22 pm by Riverhead »

Offline Simeon II

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Re: Delegate vote swaps
« Reply #26 on: July 20, 2014, 06:21:12 pm »

From what I've read the pay rate percentage isn't how much you keep vs return to the market it's how much you keep vs "destroy to reduce supply".  So it's not like if you're at 50% you're being less greedy (in the short term).  You're just reducing the number of BTSX by destroying half the transaction fees you earned.  This will likely increase the value of each BTSX in a classic supply/demand sense I guess.


Someone correct me if I've misunderstood this.

Corrected as requested!

Offline Riverhead

Re: Delegate vote swaps
« Reply #27 on: July 20, 2014, 06:23:23 pm »

From what I've read the pay rate percentage isn't how much you keep vs return to the market it's how much you keep vs "destroy to reduce supply".  So it's not like if you're at 50% you're being less greedy (in the short term).  You're just reducing the number of BTSX by destroying half the transaction fees you earned.  This will likely increase the value of each BTSX in a classic supply/demand sense I guess.


Someone correct me if I've misunderstood this.

Corrected as requested!


What did you change?  It looks the same to me.  Or was I mid edit when you posted the quote?

Offline Simeon II

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Re: Delegate vote swaps
« Reply #28 on: July 20, 2014, 06:33:11 pm »
No just I feel too lazy to explain the effect of destroying transaction fees…
If you do not want to figure it yourself out, the topic should be discussed (in this forum including).

Xeldal

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Re: Delegate vote swaps
« Reply #29 on: July 20, 2014, 06:37:11 pm »
Personally I would prefer a delegate with 100% pay who has a solid targeted plan to use that income wisely, rather than one with 0% pay who is essentially targeting everyone equally.


I do not know where you live, but in this country we have seen a lot of politicians claiming to know how to spend our money better than us.

Most of the time the money not spend for themselves/given to friends are used for starting a war or two with random country.
So, I personally am not voting for any delegate with over about 15% pay rate, period.

That's fine, I don't blame you.  That is a perfectly reasonable stance. I would not vote for a delegate who proposes to start wars either.

What I'm saying is, my vote for a delegate who chooses to donate 85% of his 100% income towards something I would be interested in donating to anyways, like say the bitshares development team, serves my interest more than a delegate who donates their 85% equally to everyone, people i don't support included.