I'd like them to be able to set it at $500 too. I doubt there'd be many willing to pay that. Keep in mind it wouldn't stop the transactions from showing.
You could still send a whale 5 SBD (for a steem monsters card for example), it's just the memo field would be greyed out.
You could perhaps make an exception for people you're following.
"If I follow the sender, no minimum. If I don't, set the minimum at .1 SBD"
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I'd love them to get a nice little red message "transactions rejected by receiver their minimum threshold of 500$ not met ;p
Sounds good to me.
Although, accounts sending to Bid-bots might not agree. Perhaps these services could cover the cost ;)