Nostr Web Client

TheBigLake 8mo ago

If you are afraid of trading on RoboSats, take a look at this.

An interesting analysis of how orders end up on my coordinator.

Data extracted from the last 90 days (Beginning on 2025-01-23 and ending on 2025-04-23)

2816 Successful orders without dispute

34 Successful orders in dispute

61 Orders punished in dispute

19 Collaborative cancellations in dispute

163 Collaborative cancellations without dispute

Orders with takers (processed): 2816 + 34 + 61 + 19 + 163 = 3093

Disputed: (34 + 61 + 19) / 3093 = 3.7%

Successful in dispute: 34 / 3093 = 1.1%

Punished in dispute: 61 / 3093 = 2.0%

Collaborative cancellations in dispute: 19 / 3093 = 0.6%

Collaborative cancellations without dispute 163 / 3093 = 5.3%

Successful: (2816 + 34) / 3093 = 92.1%

So if you are with a peer in a trade on RoboSats, know that the probability of everything ending well is approximately 92.1%. I consider this a very good success rate. 😀

If you consider that collaborative cancellations without dispute are not a problem, the chance of a successful trade or a collaborative cancellation without dispute is 97.4%.

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Discussion

Cuenta eliminada 8mo ago

nostr:nevent1qqsxxcv2nlt340hcrw7pypcpf08tgmtu4n7dq3r3df9sc5tfxsp68sqpzpmhxue69uhkummnw3ezumt0d5hsyg8j6jz4muu60kmpjenxaprf5papx8xaczxu4f6y5dzrg0lu749ppspsgqqqqqqse4qt04

Ninety seven fucking point four per cent SUCCESSFUL

Kudos to The Big Lake

Hanshan 8mo ago

nostr:nprofile1qqs094y9thee5ldkr9nxd6zxngr6zvwdmsyde2n5fg6yxsllea22zrqpz3mhxw309aex2mrp0yhxummnw3ezucn89uq35amnwvaz7tmwdaehgu3ww35x2cnfvakxz6m99ehhyecpz4mhxue69uhhqctfvshxumewwd68ytnrwghsklznxl is a good coordinator/custodian on Robosats

nostr:nevent1qqsxxcv2nlt340hcrw7pypcpf08tgmtu4n7dq3r3df9sc5tfxsp68sqpz4mhxue69uhkummnw3ezummcw3ezuer9wchsyg8j6jz4muu60kmpjenxaprf5papx8xaczxu4f6y5dzrg0lu749ppspsgqqqqqqsy96a54

deeznuts 8mo ago

Can confirm. It’s niiiice

Skipper 8mo ago

I've used Robosats about 50~ times, only had 1 dispute and it went well.

otto 8mo ago

The problem is when you stumble upon some piece of sh*t performing MITM scams. One bad trade ruins dozens or hundreds of good trades.

I made like 10 trades and then met the scammer. Bank charged back the money from my account. I filed a lawsuit, won, but had the bank account terminated and was banned from some services affiliated with that bank.

For Lightning or Monero swapping, gift cards etc, it's great. But without a reputation system, it's too risky to interact with the fiat system.

Skipper 8mo ago

Whats mitm scam?

The Bird 8mo ago

Man in the middle I think

otto 8mo ago

Yes.

1- Scammer sees you selling;

2- Finds a buyer (victim);

3- Tells victim to send you fiat;

4- You see the payment, send coins to scammer;

5- You and the scammer are happy, the victim isn't and will call the bank, go after you etc;

Step 2 can be unrelated to Bitcoin (ex: scammer could pretend to be selling a phone).

Skipper 8mo ago

wow 👀

Bitcoinveneto 8mo ago

This is an example of what could happen: The scammer will pretend to be a reputable merchant looking to buy or sell crypto on Robosats. They'll contact their victims on Telegram, WhatsApp, or social networking platforms and send the victim their bank account details and a link to a P2P ad to let them know they'll be making a payment via this account. The scammer will then ask the victim to confirm that they've received the account details by having them copy them over to the chat on the order page.

The victim doesn't realize they are sharing the scammer's bank account details in the chat of an unrelated buyer, who is also unaware of the scam. The victim then releases their crypto to the unrelated buyer, who unknowingly sends money to the scammer's bank account.

If the victim tries to reverse the transaction by opening a disoute, there isn't much coordinators can do. Because all communication with the fraudster took place outside the Robosats platform, and the buyer sent their funds to a third-party scammer account

𝐭𝐢𝐠𝐞𝐫 8mo ago

thanks for running your service 💪

theGig 8mo ago

I have used Bisq and Robosats over a hundred times and happy to say I have never had an issue!

nostr:nevent1qqsxxcv2nlt340hcrw7pypcpf08tgmtu4n7dq3r3df9sc5tfxsp68sqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg8j6jz4muu60kmpjenxaprf5papx8xaczxu4f6y5dzrg0lu749ppspsgqqqqqqs3qgatn

The Bird 8mo ago

I've had no problems that weren't self inflicted

TheBigLake 5mo ago

I got curious and just updated the numbers from the other post 🤔

An interesting analysis of how orders end up on my coordinator.

Data extracted from the last 90 days (Beginning on 2025-04-27 and ending on 2025-07-26)

2292 Successful orders without dispute

16 Successful orders in dispute

70 Orders punished in dispute

12 Collaborative cancellations in dispute

157 Collaborative cancellations without dispute

Orders with takers (processed): 2292 + 16 + 70 + 12 + 157 = 2547

Disputed: (16 + 70 + 12) / 2547 = 3.8%

Successful in dispute: 16 / 2547 = 0.6%

Punished in dispute: 70 / 2547 = 2.7%

Collaborative cancellations in dispute: 12 / 2547 = 0.5%

Collaborative cancellations without dispute 157 / 2547 = 6.2%

Successful: (2292 + 16) / 2547 = 90.6%

So if you are with a peer in a trade on RoboSats, know that the probability of everything ending well is approximately 90.6%. I consider this a very good success rate.

If you consider that collaborative cancellations without dispute are not a problem, the chance of a successful trade or a collaborative cancellation without dispute is 96.8%.

Without much change 👍

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