Quote from: n0nce on August 01, 2022, 11:10:11 PM

Quote from: 16xypjnxlrew on August 01, 2022, 01:35:51 AM

P2P cannot give as much money as a crypto exchange can. For example, Carl The Moon has more than a few hundred million dollars and never hides from anyone. Why should an ordinary citizen be afraid of someone with a maximum of 0.10 BTC in their wallet?

That's a pretty stupid statement. Satoshi could send an email to Adam Back tomorrow, negotiate a P2P trade with him for 1 million BTC, at a price that satoshi wants and Back can pay; they will meet and make the trade P2P. No problem. He could also do the same with an untrusted party through Bisq. One million BTC would be pretty high volume, and there's no technical reason Bisq can't do that or would do it worse than a centralized exchange. Remember Bitcoin transactions don't care about amounts; those are just numbers. Everything that works with small amounts (multisig contracts in Bisq, for example) also works the same with large amounts.

Besides the fact that your first statement ('P2P trading can't have as much volume as a centralized exchange') has nothing to do with your second one (something about hiding how much you own):
There are very legitimate reasons for not wanting everyone to know how much you own. For instance, not wanting to be attacked, killed and robbed.

Besides, P2P trading is not only about minimizing the amount of people that know how much you own. Here's an excerpt of things that decentralized P2P exchanges like Bisq generally do better than centralized ones.

No KYC required. Read: [Why KYC is extremely dangerous – and useless]. Your documents can be stolen or 'lost' and used in actual crimes.
Less trust required. Centralized exchanges can and do freeze funds, so every time you deposit money you cannot know if it will be credited to your account or deemed 'illicit' (even though you did nothing wrong) and just stolen from you. You also don't need to trust them to keep your KYC documents safe.
It is decentralized. This means a variety of things, but some of them: [1] Censorship-resistant - governments or other powerful entities can't just shut it down. [2] No central point of failure (hacking attack / hostile company takeover etc.). [3] No business behind it that may be interested in exit-scamming their users. List goes on...
No exit scam. As just alluded to; there's a huge list of exchanges that went off the radar or claimed being hacked of all of their funds, where it's clear they effectively stole those funds.
No insane withdrawal fees. Related to above point: Centralized exchanges always try to make you leave your coins with them. It is often extremely expensive (e.g. $20 withdrawal fee) to actually get those BTC you bought into a wallet you actually own; or they try to convince you by offering dividends ('staking Bitcoins etc.'). As long as you don't withdraw, the exchange could go offline, it could geo-block your country, it could block your IP for 'illicit reasons' (something that can always be claimed, no matter if you did something illicit or not - keep this in mind), the exchange could claim your funds came from a crime, it could claim it was hacked and lost your funds, and other ways that would lead you without access to your money. Not being able to cheaply withdraw (read: actually get what you paid for) is a HUGE issue with centralized exchanges. Keeping funds on them should be seen as an 'optional service' and not the encouraged default.

Edit: You were a fool to shitpost in here. This made me aware of your scam attempts and got you another Flag Support. I still hope my post helps someone else.

Quote from: 16xypjnxlrew on July 23, 2022, 08:35:07 PM

Quote from: Stalker22 on July 23, 2022, 08:16:34 PM

Wait, you are unable to exchange your UST because the exchange requires a withdrawal fee of 1 UST? That just does not make sense. Do you even know how exchanges work?
In order to exchange your UST, you need to deposit it on the exchange, so you do not have to worry about the withdrawal fee and minimum withdrawal amount.

UST has been on the crypto exchange since the beginning of May. And in order to withdraw it to another wallet from the exchange, the exchange requires a huge commission. So I am locked with UST on the crypto exchange forever - when placing a sell order for 1 USDT order, they don't execute it, and they don't allow to withdraw it to exchange it with other users

Funny though, that you're experiencing the downsides of a centralized exchange and come here telling everyone how somehow centralized exchanges are better than P2P decentralized ones...

More trading pairs on centralized exchanges, staking, futures, borrow/lend and more.

What scam attempts are you referring to? And you're support a flag accusing me of a scam that doesn't exist? Can't you see that I'm a victim? Do you support those who abuse their authority? Did you carefully understand this situation, or did you read 2 words and immediately clicked? You should have pressed the "Oppose" button.