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composite -dissolve 15 watermark.png input.jpg output.jpg
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convert input.jpg watermark.png -compose dissolve -define compose:args=15 -composite output.jpg
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composite -dissolve 15 watermark.png input.jpg output.jpg
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convert input.jpg watermark.png -compose dissolve -define compose:args=15 -composite output.jpg
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convert input.jpg \
\( watermark.png -matte -channel A -evaluate multiply 0.15 +channel \) \
-composite output.jpg