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Reinstate BCH as a listed altcoin #240

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QuantumRipple opened this issue Jul 25, 2020 · 4 comments
Closed

Reinstate BCH as a listed altcoin #240

QuantumRipple opened this issue Jul 25, 2020 · 4 comments
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a:proposal https://bisq.wiki/Proposals was:rejected

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@QuantumRipple
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Reinstate BCH as a listed altcoin, invalidating #61. Even at the time it was removed, it was 3rd place altcoin on Bisq in terms of BTC trade volume, 2nd in trade count. The option to trade all of the top few altcoins should be available to maximize exchange volume/DAO revenue. This would be an exception to #166 - asset listing was put on hold to avoid investing resources in coins that have no volume and BCH has a proven track record of volume on Bisq.

This is a Bisq Network proposal. Please familiarize yourself with the submission and review process.
@cd2357
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cd2357 commented Jul 31, 2020 •
edited

FYI: Bisq is open source. You can always just fork it and support BCH there.

You could then call it Bisq Cash or smth.

@QuantumRipple
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@cd2357 that's a disingenuous argument and you know it.
As a developer, I have time to submit the occasional bugfix and reintegrate BCH support. I don't have time to maintain the whole project.
As a user I simply wish to be able to trade all the cryptos I use on a daily basis in one place. Support for one altcoin or another is not suitable justification for splitting a community that is small to begin with and not growing. Unfortunately, even with a DAO, it seems impossible to leave politics at the door and focus on making a better product.

@darkbluelight
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To me and many others it seems so ridiculous, the Bisq devs are talking about their high priority goal "liquidity" and "growing the userbase" but they completely neglect the number one reason why almost no one is using Bisq: The high fees of BTC. Since they removed support for BCH, Bisq got nowhere and never will if they stay blind. The Bisq volume now is at around 5-10 BTC per day. While on centralised exchanges the daily volume is around 2 mio BTC... (https://coinmarketcap.com/currencies/bitcoin/markets). Bisq will stay completely irrelevant in the exchange world with BTC as a base layer.

It actually makes me really sad. Bisq would still be my preferred way to trade, IF it was economically at least somewhat competitive to do so, but it is not by a looong shot.

@MwithM MwithM added a:proposal https://bisq.wiki/Proposals was:rejected labels Aug 17, 2020
@MwithM
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MwithM commented Aug 17, 2020

Closed as rejected in Cycle 15 vote.

@MwithM MwithM closed this as completed Aug 17, 2020
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@QuantumRipple @cd2357 @darkbluelight @MwithM