[bisq-network/bisq] Please raise trade limits (#3013)
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Sun Jul 28 20:57:05 UTC 2019
> And its especially odd that there looks to be no way to raise your limits to levels competitive with any of the centralized exchanges out there.
I don't think Bisq can compete with centralized exchanges in the amount traded per trade, in fiat markets. Most fiat payment methods available have daily limits on their side that would prevent Bisq users to trade at those volumes anyway.
> That would surprise me, again, since there are use-prerequisites to increasing limits in the first place.
Altcoins only have one tier which limit is 2 BTC.
> The escrow and mediation system is the appropriate mechanism. Trade limits should not be trying to deter scammers - what it really does is deter honest traders.
The recent scam wave that that proposal is manly responding to was possibly a single hacker with multiple stolen bank accounts who made chargebacks months after the trade had gone through with no dispute. So, the escrow and mediation didn't do much to prevent it. The BTC sellers saw the fiat leave their bank accounts long after the trade period had come to an end.
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