PeachBitcoin.com | P2P Bitcoin Exchange 🍑 #kycfree

[Peach Bitcoin]

Hey! Have a good week everyone!

We want @peachbitcoin to become a PWA!

We are seeking a talented React TypeScript developer with expertise in building Progressive Web Applications  and creating responsive, user-friendly designs.

hello@peachbitcoin.com (please also tell your Bitcointalk username).

[icopress]

Found PeachBitcoin on a venture capitalist's list of interests)

[examplens]

Found PeachBitcoin on a venture capitalist's list of interests)

It's good to see a service like Peach on the recommended list.

Hm, they still have Samurai wallet on the list 

[icopress]

It's good to see a service like Peach on the recommended list.

Hm, they still have Samurai wallet on the list 

These are the projects they invested in (assumption, but I'm 99% sure).

[RickDeckard]

It's good to see a service like Peach on the recommended list.

Hm, they still have Samurai wallet on the list 

These are the projects they invested in (assumption, but I'm 99% sure).

They did invest in Peach Bitcoin and in many other bitcoin related services as their blog post[1] - in total $100 million were distributed. I've tried looking up to which amount PB was able to gather but the only thing that I was able to find is that this investment happened in June 2022[2]. Whatever it was it's great to know that they were able to find a VC willing to trust in their mission - I'm sure that they do not regret their decision.
[1]https://ten31.vc/insights/100mm
[2][urul]https://www.crunchbase.com/organization/peach-bitcoin/company_financials[/url]

[Peach Bitcoin]

bump! 

[dkbit98]

Hey there Peach Bitcoin.
Can you give us rough estimate how many trades are done using Peach app in face to face meet ups?
You can also give us some stats to see what payment options are most popular and most used.

[Peach Bitcoin]

Hey there Peach Bitcoin.
Can you give us rough estimate how many trades are done using Peach app in face to face meet ups?
You can also give us some stats to see what payment options are most popular and most used.

- We have more than 1000 buy offers opened at all time! (bank transfers, online wallets, gift cards, cash, USDT, LN swap).
- As of August 1st this year > 13,100 unique accounts & 18% of active users with an open offer

I'll try to share more detailed data next time. 

[BabyBird]

I want to work on this thread, please help me. Then I can work properly.

[joker_josue]

- We have more than 1000 buy offers opened at all time! (bank transfers, online wallets, gift cards, cash, USDT, LN swap).
- As of August 1st this year > 13,100 unique accounts & 18% of active users with an open offer

I'll try to share more detailed data next time. 

If it doesn't exist - I never realized, there could be a way to know which fiat currency is being traded in these open offers. Sometimes someone may be working with a fiat to put up for sale, but could use another fiat that is in greater demand. Having this situation in some cases can be interesting.

[paid2]

If it doesn't exist - I never realized, there could be a way to know which fiat currency is being traded in these open offers. Sometimes someone may be working with a fiat to put up for sale, but could use another fiat that is in greater demand. Having this situation in some cases can be interesting.

I think that you're looking for the order book:
https://peachbitcoin.com/kycfree-orderbook/

[joker_josue]

If it doesn't exist - I never realized, there could be a way to know which fiat currency is being traded in these open offers. Sometimes someone may be working with a fiat to put up for sale, but could use another fiat that is in greater demand. Having this situation in some cases can be interesting.

I think that you're looking for the order book:
https://peachbitcoin.com/kycfree-orderbook/

Yes, this already helps for a prior analysis.
This list is of sell orders, right? The interesting thing is the purchase orders.

Either way, that's already very good.

[paid2]

Yes, this already helps for a prior analysis.
This list is of sell orders, right? The interesting thing is the purchase orders.

Either way, that's already very good.

Ah yes, my bad, it is indeed the sell orders!

I don't know if we have access to the list of buy orders, but when you publish a sell order, the app tells you how many potential buy offers your offer matches. For example with a sell order with low premium (which should cover most buy orders), it shows me 500+ potential matches. This makes it possible to adjust the price accordingly.


On a side note, I noticed that the latest app update offers now a dark mode, which is more than welcome!

[icopress]

[..]

In fact, Peach is a great way to make money since there is a catastrophic shortage of sellers (there are many times more buyers).

I found out about this when Steph asked me how to attract more Sellers. 

[joker_josue]

[..]

In fact, Peach is a great way to make money since there is a catastrophic shortage of sellers (there are many times more buyers).

I found out about this when Steph asked me how to attract more Sellers. 

The point is to be willing to pay values well over 4-5% above the market price.

Sometimes only 3% can take a couple of days.

[RickDeckard]

The point is to be willing to pay values well over 4-5% above the market price.

I'll insert here the usual "privacy has no value"  intervention  .

Sometimes only 3% can take a couple of days.

Indeed. Lately I've also been struck with no sellers being available, but I guess you'll just have to be patience. Eventually there are spikes of sell orders, but that doesn't follow a particular pattern.

I found out about this when Steph asked me how to attract more Sellers. 

I think there's not a straightforward answer to this - Marketing alone wouldn't help as users will be "shocked" by the premium they would pay and just resort to the basic idea of "I never heard of Peach, the price is ridiculous, I can grab more bitcoin in Coinbase or Binance at a lower price". I think to grab more users it would demand a mix of marketing the correct niche of users (privacy focused ones) while also promoting workshops or even webinars on why is Privacy important and what it relates with having bitcoin and how Peach helps in keeping that bridge steady. If we do not educate the "Average Joe's" about basic concepts of Privacy, they'll never care about going to a less known market to get their bitcoins.

[joker_josue]

Sometimes only 3% can take a couple of days.

Indeed. Lately I've also been struck with no sellers being available, but I guess you'll just have to be patience. Eventually there are spikes of sell orders, but that doesn't follow a particular pattern.

But, who can understand why your purchase order is not finding a seller?

Although all my uses have been successful, I have nothing to say about the application. I think this element is missing, understanding what it takes to make the final connection between the buyer and the seller.
It's what? The rate used? The payment method? The sale/purchase value?

[dkbit98]

On a side note, I noticed that the latest app update offers now a dark mode, which is more than welcome!

Finally, it look great, and no more problems for people with sensitive eyes  
I would however add small switch on the top, to quickly change from light to dark mode and vice versa, instead of going to settings.

In fact, Peach is a great way to make money since there is a catastrophic shortage of sellers (there are many times more buyers).

I found out about this when Steph asked me how to attract more Sellers.  

Yeah, big players purchased a lot of bitcoin in last few months, and hodlers are not selling their coins yet.
I heard reports that cash is also getting more scarce.

[icopress]

A small thing but nice! 

Check out what our community member https://t.me/KIT34LIf3 did!

He owns an app to monitor live wind conditions in surfers spots around the world.

He integrated a link with his referral code to trade bitcoins on the Peach App.

This is the app: https://get.kwind.app and this is an example location in Argentina with the Peach link https://kwind.app/station/6759a146e42346421c739589

If you own a project, this could be a great idea to monetize it, probably better than Google Ads.

Trade #bitcoin #p2p with locals on Peach while traveling and surfing!

[Peach Bitcoin]

Finally, it look great, and no more problems for people with sensitive eyes  
I would however add small switch on the top, to quickly change from light to dark mode and vice versa, instead of going to settings.

Sounds great. Let's see what we can do!

Btw, now a chatbot on the website to guide new Bitcoiners and new peer2peer stackers. 🍑