Post
Topic
Board Development & Technical Discussion
Re: new Bisq 2 (P2P BTC Exchange System) is out!
by
satscraper
on 05/04/2025, 13:11:54 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?

I prefer to live in the real world, not the imaginary one, and act according to the conditions of the real world in which I live.




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.


Traders build their reputation in different way. In Bisq2, they earn reputation by burning their BSQ tokens rather than through the number of successful trades, whether small or large. This approach helps prevent reputation manipulation, such as trading with oneself to artificially inflate one's score.

I think that security deposits were much better.

Then use bisq rather than bisq2. They are different p2p networks. Trading on bisq is based on collateral but not on reputation.