Bitcoin Forum

Economy => Service Discussion => Topic started by: traderman on February 10, 2015, 09:38:42 PM



Title: The First P2P Fiat-Bitcoin Exchange?
Post by: traderman on February 10, 2015, 09:38:42 PM
This is looking pretty interesting, if these guys can actually get to a working exchange it will change everything.

http://www.btcfeed.net/news/bitsquare-first-p2p-bitcoin-exchange/


Title: Re: The First P2P Fiat-Bitcoin Exchange?
Post by: Guido on February 10, 2015, 09:44:29 PM
This is looking pretty interesting, if these guys can actually get to a working exchange it will change everything.

http://www.btcfeed.net/news/bitsquare-first-p2p-bitcoin-exchange/

thanks for link
very interesting read


Title: Re: The First P2P Fiat-Bitcoin Exchange?
Post by: GermanGiant on February 10, 2015, 10:22:00 PM
This is looking pretty interesting, if these guys can actually get to a working exchange it will change everything.

http://www.btcfeed.net/news/bitsquare-first-p2p-bitcoin-exchange/

BitSquare arbitration system is flawed. It is not trustless and relies on Supreme Court style Human Court. This is pseudo-P2P. Dont get fooled.


Title: Re: The First P2P Fiat-Bitcoin Exchange?
Post by: traderman on February 10, 2015, 10:51:03 PM
I think the arbitration system might have some kind of rating systems as well, but at this point nothing is set in stone, so we will see how this whole project comes along.

This is looking pretty interesting, if these guys can actually get to a working exchange it will change everything.

http://www.btcfeed.net/news/bitsquare-first-p2p-bitcoin-exchange/

BitSquare arbitration system is flawed. It is not trustless and relies on Supreme Court style Human Court. This is pseudo-P2P. Dont get fooled.


Title: Re: The First P2P Fiat-Bitcoin Exchange?
Post by: bitllionaire on February 11, 2015, 02:09:44 AM
This is looking pretty interesting, if these guys can actually get to a working exchange it will change everything.

http://www.btcfeed.net/news/bitsquare-first-p2p-bitcoin-exchange/

BitSquare arbitration system is flawed. It is not trustless and relies on Supreme Court style Human Court. This is pseudo-P2P. Dont get fooled.

can you explain this deeper? I don't get what you say


Title: Re: The First P2P Fiat-Bitcoin Exchange?
Post by: traderman on February 11, 2015, 02:17:40 AM
You gotta watch the explainer videos for Bitsquare to get the whole picture. What he is saying is that in the event of either party doing something to screw up the trade a third party called an arbitrator can come up and resolve the situation.

This is looking pretty interesting, if these guys can actually get to a working exchange it will change everything.

http://www.btcfeed.net/news/bitsquare-first-p2p-bitcoin-exchange/

BitSquare arbitration system is flawed. It is not trustless and relies on Supreme Court style Human Court. This is pseudo-P2P. Dont get fooled.

can you explain this deeper? I don't get what you say