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Author Topic: The First P2P Fiat-Bitcoin Exchange?  (Read 490 times)
traderman
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February 10, 2015, 09:38:42 PM
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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/
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February 10, 2015, 09:44:29 PM
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Quote from: 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/

thanks for link
very interesting read
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GermanGiant
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February 10, 2015, 10:22:00 PM
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Quote from: 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/

BitSquare arbitration system is flawed. It is not trustless and relies on Supreme Court style Human Court. This is pseudo-P2P. Dont get fooled.
traderman
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February 10, 2015, 10:51:03 PM
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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.

Quote from: GermanGiant on February 10, 2015, 10:22:00 PM
Quote from: 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/

BitSquare arbitration system is flawed. It is not trustless and relies on Supreme Court style Human Court. This is pseudo-P2P. Dont get fooled.
bitllionaire
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February 11, 2015, 02:09:44 AM
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Quote from: GermanGiant on February 10, 2015, 10:22:00 PM
Quote from: 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/

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
traderman
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February 11, 2015, 02:17:40 AM
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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.

Quote from: bitllionaire on February 11, 2015, 02:09:44 AM
Quote from: GermanGiant on February 10, 2015, 10:22:00 PM
Quote from: 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/

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
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