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RE: Not picking on Bitcoin, I love Ford's Model T too!

in #bitcoin7 years ago

Just 2 days ago, perhaps as you were writing this story @stan, I tried to transfer out my OPEN.BTC that I had bought last week on your Bitshares DEX to try it out.

But the Bitshares system showed me a $80 open ledger fee (0.22 BTC) to make a simple $100 btc transaction to move my bitcoin off the centralized open ledger wallet on Bitshares. Needless to say, I chose not to do the transaction.

Found out yesterday that it was a "bug" in the bitshares code, or so I am told by the front end team.

And so, I respectfully urge you to spend your wonderful energy, and to use your public facing "Godfather" position, toward improving the Bitshares system to an actually useful system within the cryptosphere before you throw daggers at Bitcoin.

TLDR; I could not sell BTC at $3,900 a few days ago on the Bitshares platform with confidence, and sadly that's not "better than Bitcoin" in my opinion.

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OpenLedger != BitShares.
BitShares fees for transfers are 0.015$

That is per the blockchain's protocol. Whatever OpenLedger does differently, if they screw you, it is not BitShares' fault.

Also, if you have OPEN.BTC on BitShares you TOTALLY miss the point of BitShares.

With respect to you @xeroc ... it was a $100 test of OPEN.BTC. So I never knew total ignorance was so cheap, but thank you for the encouragement since I must be getting such a great deal /s

Although we have never met, I truly believe that you can handle some truth here (you too @officialfuzzy) and it starts with:

I never wanted an openledger wallet. I wanted a Bitshares wallet.

I first found Bitshares.org three months ago (which is run by @stan and Cryptonomex) and it linked me to openledger when I tried to create a bitshares wallet. And thusly my wallet (and my upstream affiliate payments) are to openledger.

Bitshares.org sends me to OpenLedger, then I have a problem, then you tell me it's my fault for choosing openledger. Cannot get much more unaccountable than that. I must be getting a deal here too.

There is also a known display bug that instead of showing the fee as .22 BTS it shows .22 BTC or some other asset. It's only a display bug though, you won't actually be charged .22 BTC. I don't know if this applies in your situation. Maybe a screen shot would help. I don't think Openledger charges .22 BTC fee for anything.

Agreed! That is why bitshares isn't just relying on Open Ledger and has the possibility for many exchanges to build onto it!

If OpenLedgers experience doesn't do it for you, there is much potential for others!

And even if there isn't one that pops up right away...we already have a team working on fixing these bugs and being PAID BY THE CHAIN! :D

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