Author

Topic: Escrow Service For MemoryCoin to Bitcoin Trades (Read 809 times)

legendary
Activity: 1428
Merit: 1030
MemoryCoin is now available to trade on Bter - more details here,

http://memorycoin.org/trade-on-bter/

and here

https://bter.com/trade/meg_btc

legendary
Activity: 1428
Merit: 1030
Update: This service is terminated because MemoryCoin is now available to trade at the Bter Exchange.

MemoryCoin is not on an exchange yet and I want to facilitate liquidity and price discovery, so in my capacity as MCF administrator, I'm offering a free escrow service for any MemoryCoin to Bitcoin trades, auctions etc you may agree on.

The terms are :

1. The trades should be made public by posting the amounts in this thread.

2. The amount traded should be between 0.1 BTC and 1 BTC per trade

3. I'll try to process any trades once a day, but you might be looking at 24/48hrs to receive funds.

4. Service will terminate when MemoryCoin hits an exchange.

To use the service, announce the trade and amounts on this thread and send payments to

Bitcoin Payment: 14NUDCYsdV4AihZ59hGPBoE3o6KJrqEFqu
MemoryCoin Payment: MMqnQjcRbiffG6UimmAfHcYaubCHGUdEak

Include addresses to send payment back to.

(Put a few random satoshi at the end to help identify your payment eg .50000034 rather than .5)

Why would you trust me with Escrow? I'm the admin for MemoryCoin Foundation so if I start misbehaving with a publicly viewable and provable escrow, it would tank the coin which is not in my interests.
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