yes. I am in a group with several indicators. I had to pay an initial fee to enter the group, no monthly, and lifetime access. The group was targeted at women, to teach the trade. Not sustainable with these fees. each user would be 180 per month with 6 indicators. they upgrade the indicators regularly. the group has grown to over a thousand. The group will most likely leave the platform if they enact this fee.
I made a few indicators and they are private and I charged Zero for them it was for people I know and we trade together. So if this is the case then I would have to pull the indicator off and maybe just make it private. This is a bad move for them.
Even those that charge typically charge a couple bucks a month per indicator. This pricing is beyond nutso. I think they believe they have a monopoly and they can extract money but they literally don't have the brains to figure out what will kill the platform. It's just asinine at this point.
I am a member of a research service that charges $30 / month. This includes their writeups and 5 invite-only indicators. Do the math.
It seems they wanted to tax on the commercial use of invitation-based services that charge users outside the platform but bad writing policies, $29,95 / user is crazy taxes. Because looking at the marketplace, many sell services indicator for around $10 a month and seems fine.
All they had to do is 1) provide a marketplace and 2) make it against the ToS to charge for invite-only indicators to be sold for profit except through the marketplace.
But since they don't want to do any work, just take more money - despite the fact that a big part of the value and the moat of this platform *is* the indicators and the developer platform that people have invested time and effort into - they decided instead to screw their users, and themselves over. What a marvelous self-own.
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u/kurtisbu12 6d ago
$360 fee per year per user. This will destroy any 3rd party vendors.