Bitcoin Forum
April 18, 2019, 09:16:37 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2014-06-01] CD: Cash-Strapped MultiBit Developers to Charge Transaction Fee  (Read 1178 times)
bryant.coleman
Legendary
*
Offline Offline

Activity: 2058
Merit: 1011


https://amastar.net


View Profile
June 01, 2014, 01:32:11 PM
 #1

http://www.coindesk.com/cash-strapped-multibit-developers-charge-transaction-fee

Quote
Now, he and development partner Jim Burton are about to start charging tiny fees for using it. One of the things that must have helped MultiBit a lot was being listed on bitcoin.org. The wallet is one of five desktop wallets listed on that site, and is outpacing at least some of them.


                                                ▄
                                                ▒▌
                                               ███
                                              ▒███▌
                                             ▐█████▌
                                             ███▒███
                                            ███▌ ▐███
                                           ▐███   ▒██▌
                                          ▐▒██     ███▌
                      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▌     ▐███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                        ▀███████████████████▌       ▒███████████████████▀
                                                                ▄▄███▀
     ▐██████▌      ▒█████▌     █████▒       ███▒███          ▄▄███▀
    ▐███  ███▌     ▒██▌▒███   ███▒▒█▒      ███▌ ▒███      ▄▄███▀
   ▄███▒  ▐▒██▌    ▒██▌ ▒███ ███  ▒█▒     ███▒   ▒███   ▄███▀
  ▒████████████▌   ▒██▌  ▒█████   ▒█▒   ▐█████████████▄ ███▌
 ▒███        ████  ▒██▌   ▐███    ▒█▒  ▐▒██▒       ▒██▒▌▐███
                                              ▄███▄      ▒██▌
                                           ▄████▀████▄    ▒██▌
                                        ▄████▀     ▀████▄  ███
                                     ▄████▀           ▀████████
                                  ▄████▀                 ▀█████▌
                                ▐███▀                       ▀███
                                ▒▀                             ▀▒
..
AmaStar
















EARN
FOR
PORN














Bonus from 20%
Ambassador pornstars














ANN   Whitepaper   Telegram   
BountyLinked In   Twitter   
                    ▄
                   ▓▓
                  █▓▓▓
                 ▐▓▓▓▓█
                 ▓▓▓▓▓▓
                ▓▓▓▓▓▓▓▓
               █▓▓▓▓▓▓▓▓█
▀██████████████▓▓▓▓▓▓▓▓▓▓██████████████▀
  ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
     ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
          ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
         ▐▓▓▓▓▓▓▓▀    ▐▓▓▓▓▓▓▓█
         ▓▓▓▓▓▀          ▐▓▓▓▓▓▄
        ▓▓▓▓                ▀▓▓▓
       ▐▓                      ▓▀
100% New Software
PC, Mac, Android, & HTML5 Clients
Krill Rakeback
Low Rake
Bitcoin Poker 3.0
Bad Beat Jackpot
SwC Poker Relaunch
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Mr Tea
Sr. Member
****
Offline Offline

Activity: 272
Merit: 250


View Profile
June 01, 2014, 03:11:55 PM
 #2

Why don't they just ask for donations or do some crowdfunding rather than doing this?

aasl
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
June 01, 2014, 03:18:40 PM
 #3

Why don't they just ask for donations or do some crowdfunding rather than doing this?

I dont think they received much from donatoin...

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
Mr Tea
Sr. Member
****
Offline Offline

Activity: 272
Merit: 250


View Profile
June 01, 2014, 03:19:56 PM
 #4

Well that's their problem. I dont think its right making people pay a fee to them.

bryant.coleman
Legendary
*
Offline Offline

Activity: 2058
Merit: 1011


https://amastar.net


View Profile
June 01, 2014, 03:36:02 PM
 #5

Well that's their problem. I dont think its right making people pay a fee to them.

Well.. now they have more than a million users. Even if 50% of the users might dump them, the other 50% are going to stay. Actually, this is the modus operandi for a lot of the successful firms.  Grin


                                                ▄
                                                ▒▌
                                               ███
                                              ▒███▌
                                             ▐█████▌
                                             ███▒███
                                            ███▌ ▐███
                                           ▐███   ▒██▌
                                          ▐▒██     ███▌
                      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▌     ▐███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                        ▀███████████████████▌       ▒███████████████████▀
                                                                ▄▄███▀
     ▐██████▌      ▒█████▌     █████▒       ███▒███          ▄▄███▀
    ▐███  ███▌     ▒██▌▒███   ███▒▒█▒      ███▌ ▒███      ▄▄███▀
   ▄███▒  ▐▒██▌    ▒██▌ ▒███ ███  ▒█▒     ███▒   ▒███   ▄███▀
  ▒████████████▌   ▒██▌  ▒█████   ▒█▒   ▐█████████████▄ ███▌
 ▒███        ████  ▒██▌   ▐███    ▒█▒  ▐▒██▒       ▒██▒▌▐███
                                              ▄███▄      ▒██▌
                                           ▄████▀████▄    ▒██▌
                                        ▄████▀     ▀████▄  ███
                                     ▄████▀           ▀████████
                                  ▄████▀                 ▀█████▌
                                ▐███▀                       ▀███
                                ▒▀                             ▀▒
..
AmaStar
















EARN
FOR
PORN














Bonus from 20%
Ambassador pornstars














ANN   Whitepaper   Telegram   
BountyLinked In   Twitter   
                    ▄
                   ▓▓
                  █▓▓▓
                 ▐▓▓▓▓█
                 ▓▓▓▓▓▓
                ▓▓▓▓▓▓▓▓
               █▓▓▓▓▓▓▓▓█
▀██████████████▓▓▓▓▓▓▓▓▓▓██████████████▀
  ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
     ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
          ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
         ▐▓▓▓▓▓▓▓▀    ▐▓▓▓▓▓▓▓█
         ▓▓▓▓▓▀          ▐▓▓▓▓▓▄
        ▓▓▓▓                ▀▓▓▓
       ▐▓                      ▓▀
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


In Satoshi I Trust


View Profile WWW
June 01, 2014, 05:26:00 PM
 #6

its only a half of a cent  Roll Eyes . for such a good wallet, its pretty fair i think.

bryant.coleman
Legendary
*
Offline Offline

Activity: 2058
Merit: 1011


https://amastar.net


View Profile
June 01, 2014, 05:42:02 PM
 #7

its only a half of a cent  Roll Eyes . for such a good wallet, its pretty fair i think.

But why anyone should use it, when better wallets are available for free? Their thinking is very clear. They have got a large number of users. Now the time has come to profit from this popularity.


                                                ▄
                                                ▒▌
                                               ███
                                              ▒███▌
                                             ▐█████▌
                                             ███▒███
                                            ███▌ ▐███
                                           ▐███   ▒██▌
                                          ▐▒██     ███▌
                      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▌     ▐███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                        ▀███████████████████▌       ▒███████████████████▀
                                                                ▄▄███▀
     ▐██████▌      ▒█████▌     █████▒       ███▒███          ▄▄███▀
    ▐███  ███▌     ▒██▌▒███   ███▒▒█▒      ███▌ ▒███      ▄▄███▀
   ▄███▒  ▐▒██▌    ▒██▌ ▒███ ███  ▒█▒     ███▒   ▒███   ▄███▀
  ▒████████████▌   ▒██▌  ▒█████   ▒█▒   ▐█████████████▄ ███▌
 ▒███        ████  ▒██▌   ▐███    ▒█▒  ▐▒██▒       ▒██▒▌▐███
                                              ▄███▄      ▒██▌
                                           ▄████▀████▄    ▒██▌
                                        ▄████▀     ▀████▄  ███
                                     ▄████▀           ▀████████
                                  ▄████▀                 ▀█████▌
                                ▐███▀                       ▀███
                                ▒▀                             ▀▒
..
AmaStar
















EARN
FOR
PORN














Bonus from 20%
Ambassador pornstars














ANN   Whitepaper   Telegram   
BountyLinked In   Twitter   
                    ▄
                   ▓▓
                  █▓▓▓
                 ▐▓▓▓▓█
                 ▓▓▓▓▓▓
                ▓▓▓▓▓▓▓▓
               █▓▓▓▓▓▓▓▓█
▀██████████████▓▓▓▓▓▓▓▓▓▓██████████████▀
  ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
     ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
          ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
         ▐▓▓▓▓▓▓▓▀    ▐▓▓▓▓▓▓▓█
         ▓▓▓▓▓▀          ▐▓▓▓▓▓▄
        ▓▓▓▓                ▀▓▓▓
       ▐▓                      ▓▀
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


In Satoshi I Trust


View Profile WWW
June 01, 2014, 09:24:01 PM
 #8

its only a half of a cent  Roll Eyes . for such a good wallet, its pretty fair i think.

But why anyone should use it, when better wallets are available for free? Their thinking is very clear. They have got a large number of users. Now the time has come to profit from this popularity.

they have to be better than the others of course. more features and service. lets see how this will play out...

aasl
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
June 01, 2014, 11:42:15 PM
 #9

multibit is quite a good tool. it is well tested by a large number of users. no other light-weight wallet can beat it at this moment.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
dave111223
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile WWW
June 01, 2014, 11:49:25 PM
 #10

multibit is quite a good tool. it is well tested by a large number of users. no other light-weight wallet can beat it at this moment.

Electrum
HeliKopterBen
Hero Member
*****
Offline Offline

Activity: 622
Merit: 500



View Profile
June 02, 2014, 12:53:30 AM
 #11

I'm glad to see some of these tools and services start to be monetized.  It still undercuts fees charged in the legacy financial system and funding is necessary for further development and support.  It will produce a stronger system in the long run.

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
ganabb
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
June 02, 2014, 03:44:09 AM
 #12

They just need to add donations in the wallet apps.

gweedo
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


Java, PHP, HTML/CSS Programmer for Hire!


View Profile WWW
June 02, 2014, 05:27:12 AM
 #13

Multibit is far cry from a high quality client and to force people to "donate", should show it. I am going to call it what it is, a GUI on top of bitcoinj.

I think Jim and Gary should sit down and go how are we going to monetize it without a users being forced to "donate".

1) They could get a company to sponsor them. Look at how well that worked for Jeff at Bitpay, he doesn't even upstream anything anymore...

2) They could explore if you want customer service you have to purchase a plan. I know some people would take but Jim then doesn't need to insult people like he did on reddit.

3) Build a plugin store, allow people to build plugins and sell them. Then take a commission.

4) Ads... I actually don't mind ads but I would know people who hate them and would get a plan to remove them.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
bryant.coleman
Legendary
*
Offline Offline

Activity: 2058
Merit: 1011


https://amastar.net


View Profile
June 02, 2014, 08:11:26 AM
 #14

1) They could get a company to sponsor them. Look at how well that worked for Jeff at Bitpay, he doesn't even upstream anything anymore...

2) They could explore if you want customer service you have to purchase a plan. I know some people would take but Jim then doesn't need to insult people like he did on reddit.

3) Build a plugin store, allow people to build plugins and sell them. Then take a commission.

4) Ads... I actually don't mind ads but I would know people who hate them and would get a plan to remove them.

1. Will be a good idea, but it is going to take a lot of effort to find some one who is willing to sponsor them.
2. They could sell premium accounts, with added functionalities.
3. Good idea.
4. Very bad idea.


                                                ▄
                                                ▒▌
                                               ███
                                              ▒███▌
                                             ▐█████▌
                                             ███▒███
                                            ███▌ ▐███
                                           ▐███   ▒██▌
                                          ▐▒██     ███▌
                      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▌     ▐███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                        ▀███████████████████▌       ▒███████████████████▀
                                                                ▄▄███▀
     ▐██████▌      ▒█████▌     █████▒       ███▒███          ▄▄███▀
    ▐███  ███▌     ▒██▌▒███   ███▒▒█▒      ███▌ ▒███      ▄▄███▀
   ▄███▒  ▐▒██▌    ▒██▌ ▒███ ███  ▒█▒     ███▒   ▒███   ▄███▀
  ▒████████████▌   ▒██▌  ▒█████   ▒█▒   ▐█████████████▄ ███▌
 ▒███        ████  ▒██▌   ▐███    ▒█▒  ▐▒██▒       ▒██▒▌▐███
                                              ▄███▄      ▒██▌
                                           ▄████▀████▄    ▒██▌
                                        ▄████▀     ▀████▄  ███
                                     ▄████▀           ▀████████
                                  ▄████▀                 ▀█████▌
                                ▐███▀                       ▀███
                                ▒▀                             ▀▒
..
AmaStar
















EARN
FOR
PORN














Bonus from 20%
Ambassador pornstars














ANN   Whitepaper   Telegram   
BountyLinked In   Twitter   
                    ▄
                   ▓▓
                  █▓▓▓
                 ▐▓▓▓▓█
                 ▓▓▓▓▓▓
                ▓▓▓▓▓▓▓▓
               █▓▓▓▓▓▓▓▓█
▀██████████████▓▓▓▓▓▓▓▓▓▓██████████████▀
  ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
     ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
          ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
         ▐▓▓▓▓▓▓▓▀    ▐▓▓▓▓▓▓▓█
         ▓▓▓▓▓▀          ▐▓▓▓▓▓▄
        ▓▓▓▓                ▀▓▓▓
       ▐▓                      ▓▀
Este Nuno
Legendary
*
Offline Offline

Activity: 826
Merit: 1000


amarha


View Profile
June 02, 2014, 01:36:02 PM
 #15

This is actually quite interesting and depending on how this goes for them I think it might set a precedent going forward for other wallets to consider charging users similar fees in addition to the standard miners fee.

If the wallet can not be supported on donations alone then in a sense it's now completing with other wallets since users will now have a financial incentive(albeit a very small one) to switch to other free wallets.

I wonder if this will lead to Multibit adding additional features in order to entice new users to use their product. Now that they have a potential stream of revenue they have more reason to do so.
bryant.coleman
Legendary
*
Offline Offline

Activity: 2058
Merit: 1011


https://amastar.net


View Profile
June 03, 2014, 08:30:44 AM
 #16

I wonder if this will lead to Multibit adding additional features in order to entice new users to use their product. Now that they have a potential stream of revenue they have more reason to do so.

It would have been better for them to add a new paid service, with added functionalities than to stop the free service all together. From now onward, they are not going to get many new users.


                                                ▄
                                                ▒▌
                                               ███
                                              ▒███▌
                                             ▐█████▌
                                             ███▒███
                                            ███▌ ▐███
                                           ▐███   ▒██▌
                                          ▐▒██     ███▌
                      ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▌     ▐███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                        ▀███████████████████▌       ▒███████████████████▀
                                                                ▄▄███▀
     ▐██████▌      ▒█████▌     █████▒       ███▒███          ▄▄███▀
    ▐███  ███▌     ▒██▌▒███   ███▒▒█▒      ███▌ ▒███      ▄▄███▀
   ▄███▒  ▐▒██▌    ▒██▌ ▒███ ███  ▒█▒     ███▒   ▒███   ▄███▀
  ▒████████████▌   ▒██▌  ▒█████   ▒█▒   ▐█████████████▄ ███▌
 ▒███        ████  ▒██▌   ▐███    ▒█▒  ▐▒██▒       ▒██▒▌▐███
                                              ▄███▄      ▒██▌
                                           ▄████▀████▄    ▒██▌
                                        ▄████▀     ▀████▄  ███
                                     ▄████▀           ▀████████
                                  ▄████▀                 ▀█████▌
                                ▐███▀                       ▀███
                                ▒▀                             ▀▒
..
AmaStar
















EARN
FOR
PORN














Bonus from 20%
Ambassador pornstars














ANN   Whitepaper   Telegram   
BountyLinked In   Twitter   
                    ▄
                   ▓▓
                  █▓▓▓
                 ▐▓▓▓▓█
                 ▓▓▓▓▓▓
                ▓▓▓▓▓▓▓▓
               █▓▓▓▓▓▓▓▓█
▀██████████████▓▓▓▓▓▓▓▓▓▓██████████████▀
  ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
     ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓█
           ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
          ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
         ▐▓▓▓▓▓▓▓▀    ▐▓▓▓▓▓▓▓█
         ▓▓▓▓▓▀          ▐▓▓▓▓▓▄
        ▓▓▓▓                ▀▓▓▓
       ▐▓                      ▓▀
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!