Open Community Exchange

[Elwar]

After posting a message about exchanging BTC and getting several PMs from people willing to exchange, it would seem reasonable that a centralized place
with ratings on all of these people willing to trade would be very useful.

I know there are IRC sites and a subforum here.

But it would be good to be able to go to a website where people could build up their ratings, get verified by the site owner, allow each user to come up with their
own methods of currency transfer and let the user search based on what they feel is most important (trust rating, speed, exchange rate, etc).

Plus there would be know way for the exchange to get hacked because everyone would have their own wallets and their own money transfer methods.

Sure, there would be a few scammers that would make out with someone's BTC, but you would choose what level of risk you are willing to put up with.

Thoughts?

[1714066370]

1714066370

[1714066370]

1714066370

[Ivica]

So we are reinventing http://bitcoin-otc.com/ and https://localbitcoins.com/ just without the irc and real life exchange part?
I don't see a problem, just what things such site should have & offer to get attention of users of existing websites?

[Elwar]

So we are reinventing http://bitcoin-otc.com/ and https://localbitcoins.com/ just without the irc and real life exchange part?
I don't see a problem, just what things such site should have & offer to get attention of users of existing websites?

I was thinking something more automated and web based.

Like a regular exchange where you could log in and get the current exchange rate.

The rate would be based upon your preferences such as high level of trust, speed, or rate.

People who are willing to trade can set up automatic rate changes to move with the price automatically instead of needing to be on chat saying "I'll give you X for Y".

You just set up your exchange abilities (Dwolla, direct deposit, Wells-Fargo, ING, etc) and the rate you are willing to trade and let the server take care of changes in price and all of the rest.

It would be just like logging into MtGox but your money could be traded by several different people. You would rate your experience afterwards to let people know how trustworthy someone is.

[chsados]

I've wanted a site like this for ages now.  I've used #bitcoin-otc a few times but it needs to be web-based.  The site could even pull from IRC's WOT system as well as use the same verification techniques through registered pgp keys

I really like the idea of bank accounts - ive been doing this with a fellow in private a tech analysis chatroom for some time now.  Sure anonymity is lost but not every user needs to go that route.  People could include moneypack options with the ability to upload a scanned picture of the receipt and stored on each users account - kind of like a receipt book.