Post
Topic
Board Development & Technical Discussion
Re: new Bisq 2 (P2P BTC Exchange System) is out!
by
Synchronice
on 05/04/2025, 08:44:20 UTC
I don't like Bisq Easy system. It's hard or almost impossible to become a reputable seller because why would someone risk trading with someone with low rating?

I trade on both bisq and bisq2, the latter  involves reputation scheme  you have mentioned.

Year ago my first trading on  bisq2 was the selling by BTC to reputable  trader who had the  high reputation score while my score at that time was zero.

He agreed to trade with me because I gave guaranteed to send him my BTC first it was contrary to the rules of Bisq Easy system.  I did it and got to my Wise account EUR he sent me in return.

I risked nothing because knew that had he refused to send me EUR  he would lose his reputation which costs thousands of bucks.
Imagine that we start BISQ from scratch and there are no reputable traders right now. How do we evolve? Does everyone start with very small trades that they can afford to lose? And then build a reputation if they are lucky and get small trades at first with honest traders who will also leave a real feedback? I'm simply curious about that.
I prefer security deposit. I do not want to only trade with reputable traders because I think that they are collecting too much information about other individuals since they are reputable and everyone wants to trade with them and secondly, I feel like receiving transaction from someone who also fills hundreds of transactions every day, exposes me a little bit in a sense that I received a transaction from a guy who also regularly sends money to thousands of other guys. It's already clear that I traded on a BISQ. I might be wrong, so correct me.

I think that security deposits were much better.