<p>I think the answer to this question is currently unknown.  There's currently an <a href="https://bitcointalk.org/index.php?topic=62879" rel="nofollow">ongoing discussion</a> about it on the <a href="https://bitcointalk.org/" rel="nofollow">bitcointalk forums</a>.</p>

<p>I'll update this answer if anything comes of it.</p>

CC BY-SA 3.0
2012-03-18T16:48:50.857Z
well, discussion looks far away from a real solution..
H_7
CC BY-SA 3.0
2012-03-18T22:58:14.563Z
Indeed it does.
Chris Moore
CC BY-SA 3.0
2012-03-18T01:47:20.117Z
2012-03-18T01:47:20.117Z
Chris Moore
<p>My speculative answer here is that it should be possible for currency trading between two crypto currencies to be done safely in a distributed/anonymous fashion. (use new blockchain to track open orders, season with <a href="https://en.bitcoin.it/wiki/Contracts#Example_5%3a_Trading_across_chains" rel="nofollow">crypto</a> to taste.)</p>

<p>Truly decentralized trading against FX currencies is a lot less plausible. </p>

CC BY-SA 3.0
2012-03-26T13:40:27.980Z
how the system is supposed to hold/lock bets? I guess this is the final frontier...
H_7
CC BY-SA 3.0
2012-03-25T23:58:48.630Z
2012-03-25T23:58:48.630Z
Metal
<p>It is possible to build a peer-to-peer (similar to BitTorrent) system to trade Bitcoins?</p>

<p>Well, the discussion pointed in the 1st answer is very similar to what I have in mind. But, I have some sub-questions:</p>

<ol>
<li>Is there any possibility to <strong>use blockchains</strong> transactions system to <strong>have some "cash</strong> on demand" to <strong>use in trades transactions</strong>(maybe with some taxs like fee transactions)? And <strong>blockchains can carry more information</strong> about what is going on inside this or others sub-systems?</li>
<li>The idea here behind the word "<em>trade</em>" is some system, that allows you to <strong>trade your bitcoins for any other currencys or other virtual currencys</strong> in <strong><em>any connected market</em></strong> around the world, by simple configuring a new "<em>node</em>" for that market.</li>
<li>ok. More obvius question. How? (<em>1 for me looks like a good idea</em>.)</li>
</ol>

<alternatives><trading><trade>
It is possible to build a P2P system to trade Bitcoins?
H_7
# It is possible to build a P2P system to trade Bitcoins?

(Asked by: username_0 on 2012-03-18)

It is possible to build a peer-to-peer (similar to BitTorrent) system to trade Bitcoins?

Well, the discussion pointed in the 1st answer is very similar to what I have in mind. But, I have some sub-questions:

1. Is there any possibility to **use blockchains** transactions system to **have some "cash** on demand" to **use in trades transactions**(maybe with some taxs like fee transactions)? And **blockchains can carry more information** about what is going on inside this or others sub-systems?
2. The idea here behind the word "*trade*" is some system, that allows you to **trade your bitcoins for any other currencys or other virtual currencys** in ***any connected market*** around the world, by simple configuring a new "*node*" for that market.
3. ok. More obvius question. How? (*1 for me looks like a good idea*.)

**Tags:** alternatives, trading, trade


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## 2 answers

### Answer by username_1 on 2012-03-18. Score: 3

I think the answer to this question is currently unknown. There's currently an [ongoing discussion](https://bitcointalk.org/index.php?topic=62879) about it on the [bitcointalk forums](https://bitcointalk.org/).

I'll update this answer if anything comes of it.

> **Comments:**
> **username_0**: well, discussion looks far away from a real solution..  
> **username_1**: Indeed it does.  

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### Answer by username_2 on 2012-03-25. Score: 0

My speculative answer here is that it should be possible for currency trading between two crypto currencies to be done safely in a distributed/anonymous fashion. (use new blockchain to track open orders, season with [crypto](https://en.bitcoin.it/wiki/Contracts#Example_5%3a_Trading_across_chains) to taste.)

Truly decentralized trading against FX currencies is a lot less plausible.

> **Comments:**
> **username_0**: how the system is supposed to hold/lock bets? I guess this is the final frontier...  

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