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Topic: CryptoThrift question - page 2. (Read 1943 times)

hero member
Activity: 639
Merit: 500
September 18, 2014, 09:39:53 AM
#5
Cryptothrift came through and issued a refund for the auction and I guess placed the sellers account under review.

They also said they may be working on a bulk relist feature in the future.

I really like the idea of a bitcoin auction site and I hope cryptothrift will be around for quite some time.





global moderator
Activity: 3990
Merit: 2717
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September 18, 2014, 01:25:53 AM
#4
Having to relist something manually every ten days isn't good and a pain. I think they should make it every 30 with an option to auto relist for very active members or something. And you were right not to release escrow as the seller was most likely trying to scam you.
hero member
Activity: 639
Merit: 500
September 17, 2014, 08:33:29 PM
#3
This was something I just posted in another crytpothrift thread. Not sure if escrow is safe on cryptothrift anymore or if you will get a refund in a timely manner as messages have been going unanswered.




Not so fast on getting replies anymore. They recently made it where you can only list items for 10 days and then you have to manually relist each one if you want which takes hours. I don't mind listing something in the begining but I don't want to spend hours relisting every 10 days for stuff that doesn't really sell.

I emailed asking about a bulk relisting option or something and have not gotten an answer.

More recently I bid on a rental and the person renting it already had one bad feedback so I messaged the seller beforehand asking if it was a legit listing. They replied yes it was so I bid and paid and put the money in escrow.

I message the seller with all my pool info and then I receive a message back saying I needed to pay for the listing. I messaged them back letting them know I did pay and the funds were safely in escrow. They then messaged me back to release the funds and I am unsure if they did not know what escrow was or they were trying to rip me off so I contacted cryptothrift to ask them to contact the seller to to let them know the funds were safe.

After about a day there was no response from cryptothrift and they never bothered to contact the seller to explain how things work so I just went ahead and requested a refund.

Now though after another day there is no contact and no refund from escrow.

I know I have read things in the past here were the owners said they are family men and are good guyss but don't have a lot of time but some things need to get handled more qquickly it seems. Not sure if they need to hire someone or what but as it is now I just want my BTC returned in a timely manner and I think the seller should be warned or banned from the site.

Didn't want to really post here and make it public but felt I didn't have any other choice since message have been going unanswered.

Listed below is the listing I won.


https://cryptothrift.com/auctions/mining-contracts/1-day-4-ths-mining-3/

global moderator
Activity: 3990
Merit: 2717
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September 17, 2014, 12:49:22 AM
#2
Well if you use the provided escrow correctly I can't see how you will get scammed out of money on this.

Regarding escrow fee:

Quote
cryptothrift is free, we only charge 1% fee or transaction fee (whichever is higher as per above) to the buyer if escrow was selected upon checkout. The site keeps escrow fee even in the event that a refund was processed. Buyers will NOT be charged the 1% fee if the sale was cancelled by the seller
.

https://cryptothrift.zendesk.com/hc/en-us/articles/200644364-Fees-and-Charges
legendary
Activity: 2436
Merit: 1561
September 15, 2014, 04:02:40 PM
#1

Anyone has any experience with CryptoThrift? I haven't used it yet, but I'm looking at this listing:

https://cryptothrift.com/auctions/dogecoin-crypto-coins/56700-doges-3/

56700 doges for 0.015 BTC (currently worth 0.04), escrow accepted, seller has no feedback tho.

Is there any reason nobody bought it yet? Is there any risk for the buyer (using escrow) if the seller refuses to sell, escrow fees or anything?

Am I missing something?
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