Introducing the counter offer
John wants to spend his bitcoins
He creates an order on Brawker
Lucy wants to buy some bitcoins
She finds John’s order
Lucy choose an order from the order list
Once she finds an order that fits her needs, she can bid for it
She can decide to keep the order discount*, or to make a counter offer
(*) The order discount is a higher bitcoin rate defined by the spender
The counter offer leaves the opportunity for the buyer (Lucy) to challenge the order discount
Now, that’s up to John to select (or not) Lucy’s counter offer
The spender (John), can now choose his buyer!
The spender (John), can choose his buyer based on his reputation, or simply choose the best counter offer
John selects Lucy based on her reputation
Lucy will have 12 hours to reserve and pay for John’s order
That was easy, wasn’t it?