BTC/CAD Bisq Liquidity Week (22nd - 28th May)

[ripcurlx]

Learning Goal/Objective

Provide enough liquidity for the BTC/CAD order book to bootstrap the market for organic growth. Lasting 1 week from 22nd until 28th of May.

Objective: 5 traders placing 10 offers on the BTC/CAD order book for a week.

Hypothesis

If the experiment is successful, we predict to the total volume to grow by 30% compared to the previous week.

Experiment Design

Every participant on the experiment tries to keep two offers (1 buy, 1 sell ) open all the time to provide liquidity.

Bounty

Participants in the experiment who meet the above requirement (creating at least 2 offers during the week) will be rewarded with 20 $BSQ.

Resource Estimation and Probability

Low personal effort and High probability that it will succeed.

Results

- What happened?

Learnings

-What did we learn by running this experiment?

Action Items

- Another experiment for this goal?
- How do we progress from here on?

[j3ko]

I will be participating in this!

[dsbeasley]

Although I live in the US, I would be willing to obtain CAD to facilitate liquidity in this market. Thoughts?

[flix1]

CAD/BTC already looking great!

Hopefully it will grow even more by 21-27 May! @ripcurlx please put the liquidity week dates in the issue title.

[ripcurlx]

@dsbeasley Most of the trades that took place so far in the BTC/CAD market are with Interac e-Transfer (http://www.interac.ca/en/interac-e-transfer-consumer.html). For that I think you need a canadian bank account, but I'm not sure if there are partner banks in the US you could also use to trade.

[flix1]

Revolut, Uphold and OKPay also have CAD.

[ripcurlx]

Unfortunately Revolut is not yet available in Canada: https://www.revolut.com/ca/

[flix1]

We have transmit the message that given current liquidity levels a handful of people can make a very big difference with very little effort.

[ripcurlx]

I just moved the date of the liquidity week for one day, because of a public holiday in Canada. Happy trading from now on!