[bisq-network/proposals] Cap max reimbursement from peers security deposit (#292)

Akira45-0 notifications at github.com
Tue Feb 2 21:30:00 CET 2021


I don't like the way all this is handled by referring to my case. I am waiting for my money since Dec 19th. Today is Feb 2nd. All what people here are concerned about is how to pay as little as possible to me, the screwed trader, while nobody is concerned about the real issue, that this whole process should not take that long. As I said, with the 10-day mediation process without any penalty for the non-abiding peer the whole idea of 24-hour trade becomes ludicrous. I routinely encounter people who don't release coins within 24 hours, though they do so nearly every time within the 10-day period. And I don't collect coins for the sake of collecting them, I use them, so having frozen a lot of money for a long time means real losses for me.

I also don't like the idea of changing the terms while the process is still ongoing and the contract is not fulfilled. That's a foul play. I used the 30-day average price because I was told to do so, and now I hear that the price should be changed because it would mean that I could sell a part of it on the free market (the horror, the horror!).

Many times it has happened that the price has changed within the trade period in my disfavor and it never occured to me that I could just try to cancel the trade because I don't like it that I have to pay. It's a contract, I abide to it, and I want the other parties to do the same.

BTW, until the brilliant suggestion of spx4000 it has never occured to me to try to earn something on the utterly illiquid BSQ market. I also didn't bother to check the BSQ price from the moment I have posted my request in December. I also did not have the idea of keeping any of the BSQ that I am theoretically expecting to finally receive as a reimbursement at some unspecified point in the future, because I still have enough BSQ to pay for the trading fees and BSQ is otherwise useless, but now I think I may keep a thousand or two.

If you want to change the reimbursement rules, then do it for the future, and do not tamper with the ongoing processes. Cryptocurrencies are volatile and if you don't like it then make the whole reimbursement process faster. The whole trade as of today takes 45x more time than it was supposed to take.

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