Topic: [ANN] Bisq - Exchange, Decentralized. - page 3. (Read 2543 times)

Really? Where did you hear that, if I may ask? That would be awesome, indeed. I envision something like Ride-The-Lightning, which is accessible from any of your devices that runs Tor Browser. A phone app could connect to it, too, similarly to how SPV wallets (desktop or mobile) can connect to your full node's Electrum Server through Tor.

I was doing some server updates yesterday, and went looking for exactly what you're describing, but was disappointed to find that it still didn't exist.  This wasn't the first time I went looking for such a thing, so I wasn't expecting much.  It appears that the CLI options to which you linked were only recreantly added (v1.9,) and I've heard that this functionality is in the works.  It will be pretty awesome to have Bisq running on a home server with the ability to access all it's features from a mobile app or a webpage.

I started thinking about it again recently while learning how to run Robosats locally.  But Robosats still has many of it's functions running on remote servers, obviously.

I had an idea the other day; would like to hear some opinions - whether anyone else would find it useful.
What if it were possible to install Bisq with a CLI interface on a small server or other box that is always online, with the ability to control it from another device?

Some example scenarios:
(1) User owns a server and a laptop. When at work, at home, cafe, anywhere, the user can connect to Bisq running on the server and perform an action if needed. This can be anything from initiating a trade to confirming received funds or anything else in the trading protocol.
(2) User owns a desktop and a mobile phone. The desktop cannot be carried around and the phone will be in standby mode for most time of the day; so there's no way to host offers and being able to interact with them quickly. With this improvement, the PC could host the application, even if the user is on a trip abroad or similar, and they can just buy & sell BTC through a phone app.
(3) User has bad internet connectivity, so their offers go down all the time. By renting a tiny server, they can run Bisq without issues 24/7 and only connect to it when needed.

While you can start it and pass some options from the command-line ^[1], I don't think there is any 'client' like bitcoin-cli or lightning-cli that allows you to interact with the application in an SSH session or even through a GUI that connects to your instance's Tor address.

If there is interest for such functionality, I'd look into suggesting it to the Bisq development team or do some work on it myself.

[1] https://bisq.wiki/Command_line_options

I never used Zwelle and I don't know how it works, but you can always create your own offers in Bisq, or take advantage with any price difference.
Situation with Bisq is somehow similar to other p2p trading websites (AgoraDesk, LocalCryptos, etc) so I think this is nothing specific to Bisq.
You can follow bisq markets to find real price and trades, price for USD pairs looks almost the same like in centrlaized exchanges, but EUR price is different currently:
https://bisq.markets/

This just tells me that it's a good time to buy bitcoin. 
Many folks are still bullish, and many investors buy regardless of the price.  Even at a 3% premium the current price does a lot for one's dollar-cost-average.  Also note in the screenshot you posted, the really high percentage offerings are for small amounts.  Most people aren't going to bother to sell $39 worth of bitcoin, but if they were planning on buying something at Amazon anyway, an 8% discount can't hurt.


Zelle is far from perfect for the seller, chargebacks are possible.  But it's one of the better options in the USA for now.  Cashing out isn't hard at all, the money is deposited straight to your bank account.  I've never had issues with it, but Bisq tends to be one of the safer trading platforms for various reasons.  For both buyers and sellers with US based bank accounts, Zelle is the most convenient payment method available.

I would say that Bisq is just a representation of free market, and the values you see are not more than the individual preferences of traders, everyone wants to get cheap bitcoin, and many are okay with paying it way over spot to get to it without proper KYC

Can someone help explain why there are such high premiums on Bisq for BTC vs USD?
Why aren't people taking advantage of the price differences?
Could it be that there's a problem with the payment methods (Pardon me please, I have never used Zwelle  )? Perhaps cashing out is hard?

Thanks for the clarification.  I honestly never thought about what the difference was, but that makes perfect sense.  Had I paid attention, I guess I would have noticed that only coins engaged in an active trade are marked as "locked."

Risk only stands for reserved utxos, spending which the open offers would become invalidated and you would waste the maker and miner fees that get paid at offer creation.
Locked utxos cannot be spent as they are in a multisig where the trade peers has the other key

It's hardly an issue as much as it is a feature that would be nice to have.  And of course you're right, previous versions wouldn't have that feature either.  As for the status light; it is nice to have as an indicator of network status.  It does tend to capture my attention and add to my anxiety when it isn't green. 

Regarding sending to taproot addresses; if one is careful not to spend locked or reserved UTXOs, Electrum can be used to send funds to taproot addresses.  It is worth noting that the Bisq team does not recommend using Electrum with your Bisq wallet because of the extra caution required when dealing with coin control.

I have made multiple trades at Bisq and fully vouch for it. Great stuff and very cool! Thumbs up to people who developed that excellent platform!

Being the aforementioned issue with taproot addresses and bitcoinj present in any version of bisq, updating to 1.9.5 still warrants new exciting features like the status light at bottom right! 

Why did you update the app then? Use the old one, look for the old application build in the folder Downloads

I recall learning that bisq uses the bitcoinj library not long ago.  You're correct; as of the most recent major release of bitcoinj they've implemented sending to segwit v1 addresses, but have yet to implement creation of taproot addresses.

Here's an excerpt from the bitcoinj V0.16.0 release notes:

However, it's still not possible to send to a taproot address from the Bisq wallet.  Here's what I get when I try:

I guess bitcoinj has no compatibility with taproot (yet?), and since that's the library Bisq uses for all bitcoin functions, that's a limitation we need to cope with

For those of you who are using bisq, I'm sure you've already seen the update notice informing you of version 1.9.5 having been released about a week ago.  The new P2P connectivity GUI indicator is a pretty cool feature.  At least now when you're browsing through offers, and one times out you'll know if it's your connection or the other party.  I haven't had one time out since the new version, and since I have a couple of instances running from time to time, I've notice that if one instance is having connection issues, the offers from that instance will not be visible to others.  So, I figure the issue with timing out once taking an offer shouldn't be as big of an issue anymore.

Still no Taproot address compatibility, I guess it was wishful thinking to interpret "Prepare Bisq for bitcoin-core v23 compatibility" meant taproot implementation.

Thanks for sharing this information ! will update as soon as possible

Sorry for the muli-post, but I just wanted to give everyone a headsup; Bisq version 1.9.5 is currently in the testing phase, and the pre-release may be as early as tomorrow.  There are a few improvements to the UI, and some bug fixes as well.

Here's a list of the planned improvements:


And, more info here:
https://github.com/bisq-network/bisq/tree/release/v1.9.5

FIFY. 

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I don't understand how the US government could justify sanctioning Bisq, but that doesn't mean they're not plotting to do so.  Bisq itself is nothing more than "ebay" for digital assets.  I don't see Bisq as an obfuscation tool, at least not anymore than Coinbase Pro, or any other centralized exchange.  The only difference is the lack of KYC and traceability, but there's no US law that has codified traceability requirements of digital assets, or cash for that matter.  Because that would be unconstitutional... (as if that matters.)

Bisq has implemented rules that I believe make it less prone to government sanctions; i.e. there are limits on fiat to BTC trades that allow no more than 0.25BTC to be traded in one transaction.  The rules aren't so much for AML reasons, but rather for the safety of traders.  However, those ruled would make it more difficult (and less obscure) if one were to use Bisq to wash large sums of fiat.  But the fact remains that with some effort Bisq can be used by bad actors.

Nevertheless, I would love to see Bisq move it's source code to a decentralized or self-hosted gitlab type of hosting site.  The governments of the world (and specifically the US) are starting to panic as their corruption is getting exposed.  They know that their only hope of maintaining their grip on power is by ensuring they control their subjects' currency.  Anything Bisq can do to mitigate a governments ability to shut the system down will ensure that the bitcoin revolution lives on.

That is something we will consider, yes, Bisq should definitely move forward