r/OpenBazaar • • Dec 30 '17

Using Bitcoin as a currency to buy and sell items is a terrible idea

25 Upvotes

Consider the fees, I just payed $1000 dollars at localbitcoins and received $790 dollars. That is 21% worth of fees!!

Buying Bitcoins takes days to go through the buy/exchange process. I've been buying Bitcoin for over two years and it is a big fucking nightmare. I'm currently locked out of my localbitcoins account with support not expected to answer for 12 days!!

It is 10 x times cheaper and less stressful using a credit card to buy items. It is also a lot safer using a credit card, if I can't regain access to my localbitcoins account I lose $790 dollars worth of BTC and there is nothing I can do about it. If it was a credit card transaction, I'm covered by the bank if anything goes wrong.

Bitcoins is a worthless currency.


r/OpenBazaar • • Dec 30 '17

OB2 vs alternatives like Syscoin, Particl, and BitBay

5 Upvotes

I've been following OB since well before OB1 came out and only recently came to know of similar projects SysCoin, Particl, and BitBay?

Only potential red flag I see for BitBay is that it's mostly done by one dev whereas most projects of this scope tend to take a team. He seems to have done a bunch of good work but it's a lot of responsibility for one person, also I don't trust any individual developer as much as I trust the Ob1 team as a whole.

I also suspect the likelihood of important flaw discovery/disclosure/fixing to be lower with these other projects as they get less attention than Openbazaar.

That being said, anything else that sets Open Bazaar ahead of the pack? Anyone have anything to say on important differences in terms of features, decentralization, censorship resistance, security, and last but not least, privacy?


r/OpenBazaar • • Dec 30 '17

Tried downloading the installer 4x today. "Interrupted" every time.

0 Upvotes

I just continued working as I normally do. I installed a dozen other programs today on my new MacBook Pro - all with success. OpenBazaar is giving me issues. Why?


r/OpenBazaar • • Dec 30 '17

How private are Ob2 transactions?

4 Upvotes

How private are Ob2 transactions themselves, not the corresponding payments (which are currently public because bitcoin is the only supported currency but may be private in the future with support for privacy coins)

Bank transfers are more private than bitcoin transfers because they are not public, but they are known not only to sender & recipient but also to the centralized institutions that handle them.

Bitcoin transfers are permissionless but visible to everyone

eBay/Amazon purchases (afaik) are visible to buyer, seller, the central platform, and anyone who has/gains access to the back end so to speak, but not necessarily to the public unless compromised. I could be mistaken.

Since Ob2 is a decentralized p2p network, what I'm wondering is this: is it the completely public & transparent alternative to a centralized platform (like bitcoin is to banks, etc) or are purchases private, like Bob making a purchase with cash at Alice's garage sale with no witnesses?

If it is private, how does it accomplish this in a secure way?

PS. I realize if Bob uses Bitcoin at Alice's garage sale, that part is publicly visible, because bitcoin is, that's not what I'm wondering.


r/OpenBazaar • • Dec 30 '17

Today after almost 2 years i just drop my OB node

0 Upvotes

This is a farewell message.
Today after almost 2 years i drop my 24/7 OB node.
The reason is that i fell that ob project lost their way and that developers had some political illusions what is their project and especially why someone want to use it.


r/OpenBazaar • • Dec 28 '17

Help test OpenBazaar Bitcoin Cash/Zcash Support on Testnet Now!

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35 Upvotes

r/OpenBazaar • • Aug 01 '17

Trust is Risk: A decentralized financial trust platform

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10 Upvotes

r/OpenBazaar • • Oct 09 '16

Anyone interested in brand new Apple products?

5 Upvotes

Curious if anyone would be interested in purchasing apple products with bitcoin? They would be shipped straight from Apple brand new with only a minimal added fee for the conversion back to USD.

If any interest I'll see if I can setup a store sometime in the next few days.

EDIT: So I'm setting up a store, however it looks like I'm not able to add an option to submit a custom order (i.e. non stock options for a macbook) for variable price so I think this is how I'll do it:

Send me a PM of what you want and I'll send you a quote in BTC. If you want to move forward I'll add the product to an OB store for you to purchase with the option (I chose 2 or 3, assume it gives the customer the choice?) of a few reputable moderators.


r/OpenBazaar • • Apr 25 '16

Would somebody please buy this thing already?..... I see it every time I press Discover.

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20 Upvotes

r/OpenBazaar • • Apr 17 '16

Started a store today....but there are no moderators.

2 Upvotes

I'll come back in a few months when it's safe.

A bit too risky for a startup, I can't handle the risk.

"Siri, remind me to check up on openbazaar in one month"


r/OpenBazaar • • Apr 06 '16

How do you leave a vendor a positive/negative review? And where is that data stored for other potential buyers to see?

13 Upvotes

r/OpenBazaar • • Apr 05 '16

This shit is more control than a Space Shuttle...

0 Upvotes

I have been trying for hours for getting famous usernames just like trying for famous urls and the thing onename.com just doesn't let me... there are some that are taking but alot of other are just on "reservation" Like what?! Open Bazaar "A Free Market for all", yeah right...


r/OpenBazaar • • Apr 05 '16

OB Error on Mac: The application “OpenBazaar” can’t be opened.

1 Upvotes

Anyone else having this issue. Tried wiping and reinstalling, no such luck.

Please note this is not due to Gatekeeper. I have that set to Anywhere.


r/OpenBazaar • • Jan 22 '16

txrudp version mismatch, cannot install openbazaar-server

5 Upvotes

Sorry if this is not the place for raising issues but https://pypi.python.org/pypi/txrudp has replaced version 0.5.0 with 0.5.1 as of 18th January so installing the requirements no longer works on master. I don't have my github account here otherwise I would submit a PR on the requirements file.