[bisq-network/support] Reimbursement request for trade LMKSE38C (#501)
invertedbobb
notifications at github.com
Sun Sep 20 05:57:43 UTC 2020
Maker: 75f07c01dfda037c75d627f64738f2ddadfb043493017a167670ce52d0ee9232
Taker: ee28a7187d23266b1ebb18fe5bfc4b328762b06899fdb4a676aeba3e7ee869b9
Deposit: c0f9793a82a4713b5f0c4137e12d9d4688e82de71024292a07aacbc95e35af32
TradeID: LMKSE38C
Time/Date: 25 aug 2020, 17:29
Payout txid: 37af92a864d01e17da26fc106972cb0f8c4f3ed383a3b82ddc68956af483b1f4
Trade amount: 0.70 BTC
Security deposit (buyer/seller): 0.1050 BTC / 0.1050 BTC
Mediator secret: pory67
Bisq version: 1.3.8
I am the BTC buyer as taker. The other party has become unresponsive. I did not make the payment to have funds to rebalance another failed trade with the same trade partner, as i will explain below. The suggested payout was BTC buyer: 0.8050 BTC / BTC seller: 0.1050 BTC.
Additional information:
Before my request makes sense i have to provide context.
The trade partner sent me a message in the chat, asking why i did not pay TradeID 49320 yet. This trade somehow failed on my end and never showed up in my 'open trades' list. I explained this to the trade partner and attempted to unfail the trade. This was not possible because i was missing the Delayed PayoutTx on my end. I asked the trade partner to share the Delayed PayoutTx with me so that we could safely unfail and continue our trade, alternatively he could open a mediation request to get TradeID 49320 canceled. After that there were no more replies to my messages, all communication stopped from their end.
Effectively the trade partner is the only one that can do anything with the funds locked in TradeID 49320, as i cannot move it to arbitration (donation address) because this is exactly the Delayed PayoutTx i'm missing and why the trade failed on my end.
When I realized did not have the Delayed PayoutTx on my end, and I had no way of unlocking funds for arbitration in case there was a conflict or the trade partner would become unresponsive, I decided to not pay This trade, TradeID LMKSE38C. Such that in an unfortunate event, there would be funds available through mediation/arbitration to compensate for the locked funds from TradeID 49320.
I have no way of getting my security deposit back with an unresponsive trade partner that has sole possession of the Delayed PayoutTx.
Details on the failed trade: TradeID 49320
Request:
My proposal to rebalance funds and 'unlock' (read; compensate) the security deposit from TradeID 49320 is as follows;
Both security deposits for this trade ( LMKSE38C ) in addition to 0.42191307 BTC from the trade amount, which equals the locked-up security deposit of TradeID 49320, which i will request in a separate reimbursement request.
For this trade i request 0.21 BTC, the security deposits. And for the available funds from the trade amount to be made available to compensate the locked-up funds in TradeID 49320, this way the trade partner only loses the small security deposit for negligence.
If ever he decides to show up again, it's up to them to reclaim the funds locked in TradeID 49320, as they are also the only ones that can unlock them.
Currently with 30 day avg this would be 3796.78 BSQ at a price of 0.00005531 BTC/BSQ
I understand the situation can be confusing, please inquire if things are unclear.
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Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/support/issues/501
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