bitsquare.io - The P2P Fiat-Bitcoin Exchange

[k99]

Yes the LTC market is very new and not many are using it atm. I think when BTC tx fees will rise again or when 1.8. brings a lot of chaos the LTC market will become interesting.
2% might be a bit high. From my experience offer < 1% are taken quickly.

[1715201775]

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[1715201775]

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[k99]

New version 0.5.2 is released: https://bisq.io/downloads

This release removes the requirement for exchanging the email address and to do an ID check with the trading peer when using payment methods with bank transfer.
See the discussion at [that forum post](https://forum.bisq.io/t/new-requirement-for-payment-accounts-with-charge-back-risk/2376/) for more background.

Beside that we added an in-app downloader and signature check, so the next release you can download from the application and you can be sure that the signature matches.

Release notes:
* Remove requirement for exchanging the email address and to do an ID check with the trading peer when using payment methods with bank transfer
* Add in-app downloader for installer of a new release with integrated signature check
* Increase trade limits to 2 BTC for OK_PAY and Altcoins
* Add Dash as additional basecurrency to Bitcoin, Litecoin and Doge.
* Fix issue with non-english OS
* Add a reminder to write down the wallet seed and make a backup before setting the wallet password
* Rename ClearXChange to Zelle
* Improve build setup (auto install protoc)
* Fix date format
* Only request restart at base currency selection if it has changed from default.
* Remove popup at startup for selecting base currency

[HostFat]

* Add in-app downloader for installer of a new release with integrated signature check

This is very good

[HostFat]

It seems that it isn't possible to scroll all the release notes
http://imgur.com/a/fonJn

[k99]

We are getting close to our Bisq DAO launch!

Don't forget to apply for BSQ tokens of the genesis distribution if you have contributed anything to Bisq!
Being active in the community, support, market maker/trading, development, translations,... every contributions exceeding roughly 4 hours or 20 trades will be accepted!

Here is the application form:
https://docs.google.com/forms/d/e/1FAIpQLSctgqdbCY-4WwxIvdFIiOaQE7Gz_DSqUVF6g3ZIaP4g6ouMzA/viewform

[Gnosis7777]

I'm surprised more people aren't looking into using Bitsquare with all of these 'centralized exchanges' either being shut-down or simply over-regulated.

[aleksej996]

I'm surprised more people aren't looking into using Bitsquare with all of these 'centralized exchanges' either being shut-down or simply over-regulated.

The question is, what can we do about it? We need some marketing, some explanation on how it works, make it a 15 minute process or something to get started.

[Gnosis7777]

I'm surprised more people aren't looking into using Bitsquare with all of these 'centralized exchanges' either being shut-down or simply over-regulated.

The question is, what can we do about it? We need some marketing, some explanation on how it works, make it a 15 minute process or something to get started.

This guy did a really good demo:

https://www.youtube.com/watch?v=FNaY7uAksFU

[Gnosis7777]

Anything new updates for this?

[aleksej996]

Anything new updates for this?

When it comes to updates about Bisq, Manfred went on a holiday for a month. He will be back by the first week of September.

[k99]

Version 0.6.0 is released: https://bisq.network/downloads/
If you download via the Bisq app the signature check is done automatically.

The release comes with a lot of new features and improvements. Please update as soon as possible!

Release notes:
Big features:
* Add support for Tor bridges and pluggable transports (https://github.com/bisq-network/exchange/issues/998)
* Provide Bitcoin full nodes from Bisq developers (https://github.com/bisq-network/roles/issues/39) to protect against BitcoinJ vulnerabilities (BitcoinJ is blindly following longest PoW chain and not checking consensus rule violations). That also avoids the privacy issues with bloom filters. (https://github.com/bisq-network/exchange/issues/999)
* Add account age verification scheme (https://github.com/bisq-network/proposals/blob/master/payment-account-age-witness.adoc, https://github.com/bisq-network/exchange/issues/1000)

Changed fees, limits, security deposit:
* Reduce DEFAULT_TAKER_FEE_IN_BASE_CUR from 0.003 BTC to 0.002 BTC (that is the base for a 1 BTC trade)
* Lower miner fees by fee estimation adjustments (using maxDelay 20 instead of 10 and taking average of 12 last fee results)
* Lower miner fee by transaction size calculation. Instead of using 600 bytes as estimation of trade fee tx we create a dummy tx to get the exact size id funds are on the wallet, otherwise we use 260 bytes for maker and 320 bytes for taker (deposit and payout tx are larger).
* Reduce security deposit: DEFAULT_BUYER_SECURITY_DEPOSIT from 0.03 BTC to 0.01 BTC; MAX_BUYER_SECURITY_DEPOSIT from 0.2 BTC 0.05 BTC, MIN_BUYER_SECURITY_DEPOSIT from 0.001 BTC to 0.0005 BTC; SELLER_SECURITY_DEPOSIT from 0.01 BTC to 0.003 BTC
* Use new trade limits to reflect higher BTC price
    Bank transfers: 0.25 BTC
    Swish, OKPay, PerfectMoney, AliPay: 0.5 BTC
    Altcoins 1 BTC (exception SiaFund as their price is about 3 BCT and it is not dividable, so we allow 4 BTC there)

Other features:
* Add Western Union as payment method
* Show latest trade price in case no price from external market price providers is available. To be used only for informational purpose not for % based offers due price manipulation risks.
* Enable Bisq DAO phase 1 on Bitcoin Testnet: BSQ genesis distribution, BSQ trading, BSQ used for paying trade fee, BSQ wallet with send, receive and tx list screens, dashboard
* Add new languages: Chinese, Hungarian, Romanian, Russian, French, Turkish
* Added new Altcoins: DECENT, Pranacoin, WACoins, ZenCash, Ellaism, Cryptonite, Terracoin, Internext, Particl
* Add all missing countries (all global countries taken from https://restcountries.eu/rest/v2/all?fields=name;region;subregion;alpha2Code;languages)
* Add OXT as BTC blockexplorer
* Use new seed nodes and price relay nodes operated by different Bisq developers and bonded by BSQ
* Use new more efficient data structure for tradeStatistcs objects
* Add filter for arbitrators, seed nodes and price relay nodes
* Change pw length restriction
* Change name of IOP to "Internet Of People"
* Remove DOGE as base currency (zero trade activity)
* Reduce number of seed nodes for LTC and DASH (very low trade activity)
* Removed never-traded altcoins: Advanced Internet Blocks (AIB), Anoncoin (ANC), Anti (ANTI), AquariusCoin (ARCO), Argentum (ARG), Augur (REP), Battlestars (BATL), BigUp (BIGUP), BitAUD (BITAUD), BitCHF (BITCHF), BitCNY (BITCNY), BitEUR (BITEUR), BitGBP (BITGBP), BitHKD (BITHKD), BitNZD (BITNZD), BitSEK (BITSEK), BitSGD (BITSGD), BitSYNQ (SYNQ), BitShares (BTS), BitUSD (BITUSD), Blackcoin (BLK), Clams (CLAM), CloakCoin (CLOAK), Comet (CMT), Creditbit (CRBIT), Crown (CRW), Crypto Bullion (CBX), DIBCOIN (DIBC), Digibyte (DGB), Digital Rupees (DRS), DigixDAO Tokens (DGD), EOS (EOS), EUR Tether (EURT), Emercoin (EMC), Eternity (ENT), Europecoin (ERC), EverGreenCoin (EGC), Factom (FCT), FairCoin (FAIR), FlorinCoin (FLO), GameCredits (GAME), Gemz (GEMZ), Groestlcoin (GRS), Gulden (NLG), HOdlcoin (HODL), HunCoin (HNC), I/O Coin (IOC), JPY Tether (JPYT), Janus (JNS), Jumbucks (JBS), LTBcoin (LTBC), Maker (MKR), MarteXcoin (MXT), Moin (MOIN), Myriadcoin (XMY), NEM (XEM), Nevacoin (NEVA), NuShares (NSR), OKCash (OK), Omni (OMNI), Opal (OPAL), Peercoin (PPC), Pinkcoin (PINK), PlatinumBar (XPTX), Plutons (PLU), PotCoin (POT), Primecoin (XPM), Radium (RADS), RealEst. Coin (REALEST), Ripple (XRP), Shift (SHIFT), Smileycoin (SMLY), SolarCoin (SLR), Steem Dollars (STEEMUSD), Stellar Lumens (XLM), StorjcoinX (SJCX), Stratis (STRAT), Swarm City Token (SWT), Syndicate (SYNX), Synereo (AMP), Triangles (TRI), USD Tether (USDT), VCoin (VCN), VPNCoin (VPN), Verge (XVG), VeriCoin (VRC), Waves (WAVES), Worldcoin (WDC), Xaurum (XAUR), YACCoin (YACC), YbCoin (YBC)
* Many smaller improvements in the UI

Bug fixes, code improvements:
* Fix wrong date handling in trade statistics charts
* Listen to bitcoin network for deposit and payout transaction in case the P2P message did not arrive
* Support different keys for code signing in download-tool
* Fix bug with missing MultiSigKey (findKeyFromPubKeyHash call was used instead of findKeyFromPubKey)
* Fix missing persistence for trade statistic object in seed nodes
* Fix but with offer sorting
* Use smaller font and width for TAC window on very small screens
* Use netlayer Tor library (https://github.com/JesusMcCloud/netlayer/)
* Improved build system

[versprichnix]

Can somebody explain, what the arbitrator is doing? Can he play a central rule? Who can become an arbitrator? Link to a doc would be enought at the beginning.

[aleksej996]

Can somebody explain, what the arbitrator is doing? Can he play a central rule? Who can become an arbitrator? Link to a doc would be enought at the beginning.

An arbitrator is a third party in a 2-of-3 multisig. He has just as much power as individual traders. If they can't agree, he can be the one that tips the balance.
If the traders don't need him, he can't do nothing to get involved, they will unlock their funds by them self and he will never be contacted to solve a dispute.

The whole project is being decentralized. It is it's main goal. When the DAO is finished anyone will be able to become an arbitrator. Currently the DAO is in phase zero and the complete protocol that will use colored coins on the Bitcoin network hasn't been implemented yet on the mainnet.

Here is the Bisq white paper https://github.com/bisq-network/docs/blob/master/exchange/whitepaper.adoc
There are quite some information on there and you can see more about arbitration in the appropriate section, if you wish

[versprichnix]

Thanks aleksej!

[versprichnix]

I made a sell 0.475 BTC for NMC order, but an error occured. I cancelled the order, and the BTC have already been send and are in limbo now. Any chance to get them back? (Transaction ID: "9f7051434c505f0859dd6ba3391464931a8ab042742a3658f73fe68bbc2e12c1")

[aleksej996]

I made a sell 0.475 BTC for NMC order, but an error occured. I cancelled the order, and the BTC have already been send and are in limbo now. Any chance to get them back? (Transaction ID: "9f7051434c505f0859dd6ba3391464931a8ab042742a3658f73fe68bbc2e12c1")

If no one took your offer, since it is canceled, then your coins never left. Only a trading fee was probably paid, which are mostly BTC mining fees.
You can always access the emergency wallet with cmd+e or to even see your private keys with cmd+j. So there is nothing to worry about.

Bisq just reserves funds when the offer is made. It can't send them anywhere until someone takes your offer as it needs his address to lock them in a multisig with the arbitrator and you.

[versprichnix]

I made a sell 0.475 BTC for NMC order, but an error occured. I cancelled the order, and the BTC have already been send and are in limbo now. Any chance to get them back? (Transaction ID: "9f7051434c505f0859dd6ba3391464931a8ab042742a3658f73fe68bbc2e12c1")

If no one took your offer, since it is canceled, then your coins never left. Only a trading fee was probably paid, which are mostly BTC mining fees.
You can always access the emergency wallet with cmd+e or to even see your private keys with cmd+j. So there is nothing to worry about.

Bisq just reserves funds when the offer is made. It can't send them anywhere until someone takes your offer as it needs his address to lock them in a multisig with the arbitrator and you.

Solved.

I restartet my bisq client, and indeed the balance is showing the expected amount. Thanks for your help.

[versprichnix]

Nearly every time one of my offers is accepted, the bisq client stalls with 100% load. I have to restart it, then I can go on. I'm using the newest bisq version 6.1.0 on ubuntu linux 16.04.3 LTO.

[aleksej996]

Nearly every time one of my offers is accepted, the bisq client stalls with 100% load. I have to restart it, then I can go on. I'm using the newest bisq version 6.1.0 on ubuntu linux 16.04.3 LTO.

Perhaps this is something you should raise a Github issue on or create a topic on Bisq forum, that is usually used for support. Perhaps the devs will ask you to PM them some logs or something like that. You can find Bisq forum at https://bisq.community

[versprichnix]

I would like the possibility to hinder a participant to accept my order. Some takers accept my offer (as a maker), but let me wait by transfering the assets.