I recently started a trade (3 days ago) for a SEPA payment and buyer still
didn’t send the SEPA transaction, price was a lot higher than it is now
and I fear, that the buyer might just decide to now send it all and use this tactics
to only make trades when the price switches in his favor and I will be stuck with
BTC that are now worth way less than for what I intended to sell them.
Even if he doesn’t send any SEPA and I get his full security deposit
I would lose more on the trade than the security deposit would bring me.
This is so far just speculation, but I am already waiting for him to mark the payment as started
for over 3 days. If this should be the case are there any plans by the community to ban such
bad actors? Or have this kind of potential issue been discussed in general?
Again, this is just sepculation, but it made me think how bad actors might abuse the volatilty
of BTC price in their favor in that way, especially when you trade a larger sum in a trade and the
fee becomes a minor issue, when BTC price goes up or down for 10%+