Nostr Web Client

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ScarcityFightClub

Nvm misread the thread.

Also I use Robosats to my on-chain wallet sometimes.

Satoshi Nakamoto 2y ago

I really need to try robosats

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Discussion

Fiat Shenanigans 🤡🌎 2y ago

I'm going to check it out because everybody keeps talking about it. I'm dubious about their 'quick and easy' claim though.

Satoshi Nakamoto 2y ago

My issue with it is the bound. Sending sats to my node now with this fuckery going on the mempool is really upsetting

Stonez ₿ 2y ago

It utilizes the lightning network, it’s a pretty painless process, unlike Bisq that is all on chain.

Satoshi Nakamoto 2y ago

So I would need inbound liquidity?

Stonez ₿ 2y ago

It’s pretty easy.

ScarcityFightClub 2y ago

I mean, it's really quick an easy - but sometimes you accept an order and have to wait a few hours for the order maker to get back on their phone and transact.

Satoshi Nakamoto 2y ago

How much is the premium people usually ask?

Stonez ₿ 2y ago

I usually see about 3% that’s what I use, I have had successful buys and sells at a 3% premium. Occasionally I’ll bump it up a percentage or 2 just to try and get the order completed faster.

orange ⚡️ 2y ago

Robosats is great, you just need to have already some sats on-chain to temporarily lock. But it’s the best way to buy sats by far.

Satoshi Nakamoto 2y ago

How much are we talking about?

orange ⚡️ 2y ago

It depends on how much you want to buy, but normally just a few $. The normal fidelity bond is 3%.

https://learn.robosats.com/read/en/

ScarcityFightClub 2y ago

2-5%

Fiat Shenanigans 🤡🌎 2y ago

It's TOR only and I haven't trusted TOR for years now. That bothers me.

ScarcityFightClub 2y ago

Ah, gotcha. I would rather transact over Tor than use my credit card linked to my personal ID, but I haven't looked too much into Tor concerns.