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Messages - seasonw

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Archived Proposals / Re: Closing the gap for BLOOM recurring expenses
« on: September 18, 2018, 12:49:56 AM »
Hi April,

I don't know what the current statistics are in terms of BBP being requested by the different Charities at this point. I would personally like to see - in the future - that the charity-budget doesn't exceed 50% of the total budget. I think that we owe that to our investors (since those coins will be dumped on the market). We all know that the market is currently in a bad shape, and we should try and work together to survive this with as little casualties as possible (I'm calling the dropping of a sponsorship a 'casualty').

Maybe we could look at where we can cut some expenses without dropping any of the sponsorships? For the future, I would suggest to create a large buffer (of like a year or even larger) before taking a next step. I think - in hindsight - it would have been more wise if we had looked more into securing our sponsorships well into the future.

Yes, I agreed. Expenses should be cut at current bearish market, because there are just a few buy orders but with a lot of sell orders, it is an unhealthy BBP market now.

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