thanks for good information... waiting for next posting....^^

Wow super informative! Thanks for sharing!

Hey, I'm new on here - I'm a travelling acrobat! Would you be able to check out my page and tell me what you think?

This is really appreciated, thanks for sharing!!!

by little you get to greatness continue to make good post that you manage to be very great. I'm trying to do the same follow me I'll follow you

wow, amazing.!!
good luck

I have been on Polo and Bittrex looking at this again recently.

I do not have much.... but I know for a fact, for months now, I want to be part of BitShares.

I have not done all the research,  but part of why I want to be involved, and obtain some, is because of Dan Larimer who built it and I respect.  

I need to research this more.... I am just not in a good spot since the car running me over has disabled every area of my life.   

I hope I do not miss the boat on this community.  

Nice post by you.

I have had a BTS wallet for months, knowing I wanted to be involved.  I am barry-dutton and also there is my Polo and Bittrex wallets I hope to fill with BTS one day somehow LOL

If you are in touch with Dan, please tell him I said hi!!!!

Upvoted and followed

Thanks for the informative post!

I will look into this. Thanks for the info!

Wow, this is an awesome documentation and description of each fee in the BitShares Plattform: https://raw.githubusercontent.com/BitShares-Committee/Instructions/master/usd-denominated-fees/config.py

At the current state, I do not see the urge to update the fee schedule right now. Since all fees are nominated in USD terms, no matter how much the BTS price raises, the fees for account creation, transfers etc. are locked in USD terms and stay low.

I am also not a fan of reducing the fees any further because that would limit our future spending capabilities and drain our reserve pool too fast. *Remember 20% of all fees are collected in the reserve pool and used to pay for the workers and pay the witnesses.* If we kill the DEX income streams with too low fees, we will kill our future growth potential as well. 

Since we do not have any inflation to fund future worker proposal, the DEX is living of the fees it earns.

Anyways, there is one fee change I would welcome. That is the implementation of the 0 transaction fee scheme from steemit. I think that is a great feature and would allow us to conquer the micro transaction market too. The 0.01 USD fee for transactions could be charged on a different operation for compensation.

Best regards,

Chris4210 -  BitShares Committee

Hi @Xeroc - not sure if it's me being stupid but I think I might have noticed something you should update - do you have a private method of contact?

Thanks for the information and I actually plan on investing more into Bitshares, my favourite sleeping giant...   Namaste   :)

in my opinion all fee should be paying according to the formula:

* Transfer fee in BTS   =   0.01(value determined by the committee) bitUSD   x   (Current market price or feed price for bitUSD:BTS)

Now would look like this : 
Transfer fee in BTS   =   0.01 bitUSD   x   177.79824   =   1,77629 BTS

* Order fee in BTS   =   0.0001 bitUSD   x   (Current market price or feed price for bitUSD:BTS)

Thus, in one move we would be independent of changing BTS prices forever.

Probably due to performance reasons,  such a query (Current market price for bitUSD:BTS) 
would have to be performed periodically

I am worring about fees for orders... I think they should be insignificant. Even $ 0.0001 for market makers can be a disaster. Also would love to see maker-taker model.

>However, since BitShares is gaining traction again, I feel we should revisit the current fee schedule and update it accordingly.

You didn't say it, but my guess is since Bitshares is going up in value, you'd like to lower the fees to compensate for BTS which is more expensive to obtain.

Is that basically correct?

If so, I disagree that the fees need to be updated at this point. $177 for a lifetime membership this late in the game seems fair to me.  The moment it goes over $200, let's change it then. :)

fees are too big now, have to be changed. especially vesting withdrawal fee.
http://i.imgur.com/GYIse4i.png
pay 293 BTS to get 53 BTS is crazy ;)

I finally invested in some bitshares today, though they aren't in my open ledgers wallet yet (I'm there as `luke.stokes`). I should have listened to @billbutler a while back and invested then. Glad to be onboard with some skin in the game, and I'm looking forward to learning more about it. I think the Open Ledger exchange is a great idea, and I wish it had more volume.

I've read a bit about bitshares, but I know there's so much more to learn. If you have any interesting intro posts/videos you think I should check out to get up to speed on, I'll appreciate any links you can share.

Oh, I set you as my proxy voter for what is in my open ledger account. Figured you know what's up. :)