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A comment on Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened. Parent comment

Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by alwillis on Monday November 30, 2020 @05:54PM (#25260102)
It's similar to Bitcoin, in that you have to deposit it and use an exchange.

Bitcoin is peer-to-peer; you don't have to use an exchange to transact.

Lightning allows us to transact bitcoin instantaneously, person to person. There are plenty of Lightning wallets for iOS and Android.

[1]: https://bisq.network

[2]: https://hodlhodl.com

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Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by JoeAltmaier on Monday November 30, 2020 @05:58PM (#25260127)
As long as you're willing to transact $19000, right? Else who holds the coin in escrow? Or am I misunderstanding something.
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Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by alwillis on Monday November 30, 2020 @08:59PM (#25261438)
Or am I misunderstanding something. Yes.

From the Bisq FAQ: Security deposits are set to be a percentage of the trade amount—actual percent varies by BTC price volatility, but minimum is 0.006 BTC—but the percent can be adjusted by the offer maker to be as low as 15% or as high as 50%.

0.006 of a Bitcoin is $117.366

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Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by JoeAltmaier on Monday November 30, 2020 @10:05PM (#25261835)
So, with an exchange? Not peer to peer?
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Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by alwillis on Tuesday December 01, 2020 @03:08AM (#25263385)
So, with an exchange? Not peer to peer?

Both Bisq and Hodl Hodl are peer-to-peer. You set your own price to sell at, for example. I don't know about Hodl Hodl but Bisq runs over Tor to protect user's privacy.

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Re:Bitcoin’s Price Breaks All-Time High: Here’s Why It Happened by pmiller2 on Monday November 30, 2020 @06:40PM (#25260501)
I believe you can transact in amounts as low as 1 satoshi, or 1e-8 BTC, which would imply a minimum transaction amount of $0.19, assuming a value of $19k per BTC.
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