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Topic: Escrow explained (Read 502 times)

legendary
Activity: 2310
Merit: 2073
April 10, 2020, 02:15:14 PM
#24
Many escrow on the forum have a good reputation and have been engaged in this case for not a single year and most of them are interested not in earning, but to reduce fraud on the forum.

I always stick to the rule - instead of one big deal, I spend a few small so that in case of fraud not to lose a lot.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
April 10, 2020, 01:09:35 PM
#23
Great contribution.

Aside from human escrow in place for guarantee financial transaction on the platform is there no automated system that can do the work of an escrow without having to trust a human being in the equation?

Many, this will be the same as online stores like Amazon or specifically digital goods like p-store.net. Amazon will save the buyer's funds while instructing the seller to send the item. After the item is confirmed in the hands of the buyer according to the description, Amazon will release the funds to the seller.

But automatic escrow is certainly not recommended. Some systems have bugs that can be manipulated by users.
member
Activity: 532
Merit: 36
There is gold in volatility..
April 10, 2020, 11:48:56 AM
#22
Still, irrespective of how it's recommended to employ the service of an escrow when transacting on the forum, you should be very cautious when choosing the escrow to use. If you get a suggestion from the other party, make sure it's a very trusted individual with no history of untrustworthy behavior before you accept to use his service.

Cautiously, any user without a previous record of escrow services or have not carried out countless amount bof successful transaction involving funds to be deem worthy, shouldn't be trusted. Here's a complete list of escrows on the forum: Few Trusted Escrow Provider, choose wisely.

Great contribution.

Aside from human escrow in place for guarantee financial transaction on the platform is there no automated system that can do the work of an escrow without having to trust a human being in the equation?
hero member
Activity: 1722
Merit: 801
April 09, 2020, 09:43:47 PM
#21
I give you some minor help for your table format.

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Thread
legendary
Activity: 2268
Merit: 2327
Marketing Campaign Manager |Telegram ID- @LT_Mouse
April 09, 2020, 08:25:06 PM
#20

DevawnM367 | Escrow thread | Fee is individual
Devawnm367 is very new in escrow service and there is no experience of escrow I can see. Why did you add him? There are a lot of people who have experience and have been trusted with fund a lot of times, list them. This is not good at all that you have listed a new person on this service.
member
Activity: 115
Merit: 23
April 09, 2020, 06:45:22 PM
#19
Updated list with a few escrows mentioned in above messages.
legendary
Activity: 2296
Merit: 1014
September 23, 2019, 03:24:52 AM
#18
Escrow should be way way way more popular especially in crypto world where chargebacks are non existent.
Be vigilant, take precautions, small fee is nothing for beign satisfied with the job.
Great topic btw Smiley
legendary
Activity: 2520
Merit: 1218
September 23, 2019, 02:08:42 AM
#17
OP, could you please add KROGOTHMANHATTAN ESCROW SERVICE to your list?

This forum member has good green reputation on the forum and is a professional of his work.

His fee is only 1%
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
September 23, 2019, 12:50:28 AM
#16
How about we don't turn this informative thread into a shit slinging pile like so many others on the forum. Go to the respective services thread, or use the feedback system to rate users. Better yet if you've already said the same thing numerous times before, then let it go.

The purpose here is to explain what can be seen as a foreign concept to many, but is business as usual here.


OP I was thinking you may want to add a section about choosing an escrow, and how to perform due diligance. Like verifying signatures, checking feedback.


That would be great, but unfortunately I can't prevent this mentally ill stalker from following me around and slinging shit. Unlike him I had a valid reason to chime in here as I was directly mentioned.
legendary
Activity: 1568
Merit: 2037
September 22, 2019, 10:43:01 PM
#15
How about we don't turn this informative thread into a shit slinging pile like so many others on the forum. Go to the respective services thread, or use the feedback system to rate users. Better yet if you've already said the same thing numerous times before, then let it go.

The purpose here is to explain what can be seen as a foreign concept to many, but is business as usual here.


OP I was thinking you may want to add a section about choosing an escrow, and how to perform due diligance. Like verifying signatures, checking feedback.
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
September 22, 2019, 10:31:47 PM
#14
I am nothing but amicable with those who trade with me. I treat every one of my customers with respect and kindness unless they give me a good reason to do otherwise.

Since so many people seem suddenly to give this goof a good reason to be disrespectful to you, I would avoid this profile and work with the many others who will as good of a job (it's not difficult lol) without the shitty attitude TECHshare gives off.

The follow profiles should should still be "safe" for escrow trades.

DarkStar_
philipma1957
Hhampuz

(I would not recommend using OGNasty as his fees are high and he does not report his business to the government.  He is trying to promote bitcoin as a "charity" currency that can save you thousands in stupid useless government taxes.  Smiley )


I would recommend OGNasty as an escrow. Speaking of people giving me a reason... Unlike Vod, I am guaranteed not to report you to the IRS because you criticize me.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
September 22, 2019, 10:18:22 PM
#13
I am nothing but amicable with those who trade with me. I treat every one of my customers with respect and kindness unless they give me a good reason to do otherwise.

Since so many people seem suddenly to give this goof a good reason to be disrespectful to you, I would avoid this profile and work with the many others who will as good of a job (it's not difficult lol) without the shitty attitude TECHshare gives off.

The follow profiles should should still be "safe" for escrow trades.

DarkStar_
philipma1957
Hhampuz

(I would not recommend using OGNasty as his fees are high and he does not report his business to the government.  He is trying to promote bitcoin as a "charity" currency that can save you thousands in stupid useless government taxes.  Smiley )
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
September 22, 2019, 10:08:50 PM
#12
I've escrowed a few thousand BTC worth of trades here.  Might be worth adding to the list. Wink

https://bitcointalksearch.org/topic/legendary-bitcoin-escrow-service-more-than-19k-btc-transferred-alts-too-303281
legendary
Activity: 1568
Merit: 2037
September 22, 2019, 09:10:27 PM
#11
Nice explanation of escrow. I can't think of many times since I've been here where a dispute has arisen, mostly scammers bailing mid deal when they realize they won't receive anything. It's not an easy gig to get into for a small percentage but it's a valuable service offered here. If I might suggest you add these lists that exist on forum of the escrows.
Recommended bitcointalk escrow services
⛓LIST⛓ BitcoinTalk's Escrow Providers: Ranking & Blacklist ☠ Avoid Scammers ☠
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
September 22, 2019, 08:30:08 PM
#10
. The poster above is simply attempting to sooth their own butt hurt over disagreements totally unrelated to trade.

It is soothe , and it is only sooth in your brain, i have nothing against you , proof is , i included your name in the list of escrow, i could have simply ignored your name.

I gave my honest review , you are trustworthy but you are not a nice person in general, I would use your service again only if i had no other option, being nice is a bonus you know !

I am a nice person to nice people. When people act like a smarmy smart ass that is what they get right back. That is the beauty of using p2p currency, if some one is out of line I have the freedom to tell them to take a flying fuck. If I wanted to cater to entitled aholes I would sell on eBay.
legendary
Activity: 2436
Merit: 6643
be constructive or S.T.F.U
September 22, 2019, 08:23:28 PM
#9
. The poster above is simply attempting to sooth their own butt hurt over disagreements totally unrelated to trade.

It is soothe , and it is only sooth in your brain, i have nothing against you , proof is , i included your name in the list of escrow, i could have simply ignored your name.

I gave my honest review , you are trustworthy but you are not a nice person in general, I would use your service again only if i had no other option, being nice is a bonus you know !

legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
September 22, 2019, 06:17:35 PM
#8
I am nothing but amicable with those who trade with me. I treat every one of my customers with respect and kindness unless they give me a good reason to do otherwise. PM anyone who has left me a trust rating and ask for yourself. The poster above is simply attempting to sooth their own butt hurt over disagreements totally unrelated to trade. Furthermore you seemed rather satisfied with my service.

"mikeywith   2019-05-03      used his escrow service for a trade, he was patient ,professional and most importantly trustworthy. "

What kind of escrow do you want, a pushover who acts nice, or an escrow who will do what is right no mater who it is throwing a fit?
legendary
Activity: 2534
Merit: 1397
September 22, 2019, 05:55:40 PM
#7
I haven't yet tried to use some escrow services here in the forum, but I did it before outside of the forum and I also tried to become the escrow.

I'll add some additional list of recommended Escrow Services:
Much better if you contact those account via PM and be careful on some fake profile that will contact you outside the forum, especially in telegram.
Visit here :  Recommended bitcointalk escrow services.
legendary
Activity: 2436
Merit: 6643
be constructive or S.T.F.U
September 22, 2019, 05:29:23 PM
#6
With all due respect to everyone in your escrow list, I think it should be revised !  for example Devawnm367 is relatively a new member with little to probably no escrow history , I don't have anything against him but I still believe that it takes a lot more than that to actually attempt to provide your escrow service.

Here is a list of members whom I would trust with escrow, I did deal with some of them.

OgNasty
DarkStar_
philipma1957
Hhampuz
TECSHARE (Not the most friendly  Roll Eyes  escrow agent, but surely , he is trustworthy)

I am not sure if all members in the list still offer their escrow services, so make sure you ask.

There are a few other members whom I would trust with funds, but they don't provide any escrow services.

 
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
September 22, 2019, 03:36:31 PM
#5
Nicely explain about how escrow works but using escrow have disadvantages and advantages for the buyer and seller. I'll just provide one of each. Disadvantage of using escrow is you (buyer) and other person (seller) might get scammed by the escrow and get away with it if the escrow is cannot be trusted. Advantage of using escrow when the escrow can Be trusted is that there will be no scam will happen between the buyer and the seller.
I don't see any disadvantages to use escrow. You said that escrow agent can scam and run away with money. Do you think it's likely to happen? We have lot of trusted escrow service providers here who have escrowed thousand of BTC in total, do you really think that they can scam customers? Obviously, you should avoid wanna be escrow providers without any reputation and trading history.
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