Author

Topic: BTcoinescrow dot com - New Escrow Website (Read 653 times)

hero member
Activity: 493
Merit: 500
Sarthak's a dumb girl
September 10, 2015, 07:24:13 AM
#16
There are plenty of trusted escrow in the forum here, and many provide their services for free. I'd suggest you to stick with forum instead of a new site.
hero member
Activity: 714
Merit: 500
Me, myself and I
September 10, 2015, 07:15:45 AM
#15
That makes sense jacee.
But how do you move cash around if you're not a bank? The guy with the cash would have to Western Union (or somehow) the cash to the escrow, then escrow would have to Western Union it to me. That means TWO Western Union fees! Western Union will make more on the deal than I would!

There's only one way to do it. That's treat the cash like it's a product. What difference does it make if I send him 1 BTC (worth about $240 right now), and he sends me $240 or an item worth $240? Either way, he sends something directly to me something that's worth $240. (or whatever the agreed upon price is)
So who use this service not get charge fee transaction?
Sorry to say this i would choose escrow from this forum for escrow service
newbie
Activity: 46
Merit: 0
September 09, 2015, 09:28:11 PM
#14
That makes sense jacee.
But how do you move cash around if you're not a bank? The guy with the cash would have to Western Union (or somehow) the cash to the escrow, then escrow would have to Western Union it to me. That means TWO Western Union fees! Western Union will make more on the deal than I would!

There's only one way to do it. That's treat the cash like it's a product. What difference does it make if I send him 1 BTC (worth about $240 right now), and he sends me $240 or an item worth $240? Either way, he sends something directly to me something that's worth $240. (or whatever the agreed upon price is)
legendary
Activity: 1302
Merit: 1025
September 09, 2015, 09:06:18 PM
#13
Yes,
Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.

Thanks again for everyone's response!

That's odd unless you need the escrow to hold the cash as well? Escrows here will hold the BTC for you no problem.

If you need help, perhaps I can help escrow just send me the details.


We didn't want the cash held, only the BTC. I wanted OgNasty to hold the BTC, then after I received the cash, he would then release the BTC to the guy who sent me the cash.

All the escrows I've seen, the escrow holds the BTC.

It would be just like me buying a product from the guy. But instead of him sending me a product, he's sending me cash.

Correct. That is how it's handled around here for the most part.

But I think if there is a cash involved no physical product then I think both the cash and btc should be held by the escrow. Transactions should be p1 send cash to escrow p2 send btc to escrow, if both received by escrow then escrow release the btc and cash to both party.
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
September 09, 2015, 08:57:18 PM
#12
Yes,
Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.

Thanks again for everyone's response!

That's odd unless you need the escrow to hold the cash as well? Escrows here will hold the BTC for you no problem.

If you need help, perhaps I can help escrow just send me the details.


We didn't want the cash held, only the BTC. I wanted OgNasty to hold the BTC, then after I received the cash, he would then release the BTC to the guy who sent me the cash.

All the escrows I've seen, the escrow holds the BTC.

It would be just like me buying a product from the guy. But instead of him sending me a product, he's sending me cash.

Correct. That is how it's handled around here for the most part.
newbie
Activity: 46
Merit: 0
September 09, 2015, 08:48:30 PM
#11
Yes,
Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.

Thanks again for everyone's response!

That's odd unless you need the escrow to hold the cash as well? Escrows here will hold the BTC for you no problem.

If you need help, perhaps I can help escrow just send me the details.


We didn't want the cash held, only the BTC. I wanted OgNasty to hold the BTC, then after I received the cash, he would then release the BTC to the guy who sent me the cash.

All the escrows I've seen, the escrow holds the BTC.

It would be just like me buying a product from the guy. But instead of him sending me a product, he's sending me cash.
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
September 09, 2015, 08:11:55 PM
#10
Yes,
Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.

Thanks again for everyone's response!

That's odd unless you need the escrow to hold the cash as well? Escrows here will hold the BTC for you no problem.

If you need help, perhaps I can help escrow just send me the details.

newbie
Activity: 46
Merit: 0
September 09, 2015, 07:32:04 PM
#9
Yes,
Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.

Thanks again for everyone's response!
legendary
Activity: 1302
Merit: 1025
September 09, 2015, 07:26:26 PM
#8
Like what they  already said site looks suspicious. I doubt their security plus owner of this site is not known in this forum so rather than using this one, I'd still prefer the forum escrow to be more secure.
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
September 09, 2015, 05:23:10 PM
#7
Site doesn't look trustworthy at all. Their SSL logo isn't even real and they don't seem to have proper SSL set up on their site at all. Along with the fact that this site has no real history and is relatively new, I wouldn't trust it with any amount of funds.

You're better off using something like cryptothrift or localbitcoins escrow if your buyer is not comfortable with using a forum escrow like OGNasty. I'd still recommend a forum escrow over cryptothrift or LBC. OGNasty is a good pick.
newbie
Activity: 46
Merit: 0
September 09, 2015, 04:33:44 PM
#6
OK, thanks for the quick responses. It looks like OgNasty has been doing it longest and has the best score. I'll see if my buyer is willing to do an escrow with him.
sr. member
Activity: 342
Merit: 250
September 09, 2015, 03:28:20 PM
#5
Its better to use forum escrow rather than trying a new site. Forum escrows are always safe and p2p interaction is always better than person 2 computer interaction.
full member
Activity: 176
Merit: 100
September 09, 2015, 02:14:43 PM
#4
They will run with escrow funds as soon as someone tries to escrow over 1BTC with them. I don't see why you guys continue to try and find crazy ways to do business while the old, faithful forum escrow is doing its job completely fine.
sr. member
Activity: 448
Merit: 250
★☆ QDice.net ★☆ Co-Owner
September 09, 2015, 02:13:03 PM
#3
does not look trustworthy to me just stick to forum escrow here
sr. member
Activity: 434
Merit: 250
September 09, 2015, 01:57:37 PM
#2
The website look suspicious but always remember the warning sign, the website might only be accepting and refuse to pay out.
I will advise you to wait for some review before committing your funds to them.
newbie
Activity: 46
Merit: 0
September 09, 2015, 11:46:01 AM
#1
BTcoinescrow dot com... Has anyone used this escrow website yet?

What I like about it:
Domain purchased from a guy in Texas through GoDaddy. (USA is a +)
Server located in Arizona (USA is a +)

What I don't like about it:
Domain purchased just 145 days ago.
Can't find any review on using the service.
Reviews on the website only say "Be careful, it's NEW!!!"
Doesn't seem to be any security on the website. (It's all "http:" / No "https:" pages)

TIA
Mine24-7
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