im already on bittylicious.. the only hold up is waiting for the pin for activating my phone so i can set up payments to bittylicious. paypal to bank and then bank to buy BTC is the plan.
so escrow is not safe either? what are the pitfalls of escrow deals here?
Well escrow is pretty safe as long as you use a reputable escrow agent.
And I got my pin straight away on Bitty, unless you're activating Barclays pingit or something.
how do you get scammed on escrow then? i havent even looked to see how it works yet just with people mentioning it alot on here it appears to be somewhat safe?
you misunderstand me about the pin.. im not waiting on the pin from bittylicious.. im waiting on a pin from my bank to arrive in the post so i can activate my mobile phone for a verification method when i add a new payee account in my online banking. once i get that i can start using bittylicious. i have even got the seller form about 2/3 completed as i intend to buy/sell there but need to get the payee thing sorted on my online banking to make an initial buy of BTC to fulfil part of the seller account setup.
EDIT: ok i see what escrow is now, i just googled it. basically both give to 3rd party and 3rd party handles the exchange. no wonder so many use escrow, sounds like a good idea. is there a list of safe/trusted escrow agents for BTC related stuff?
EDIT again: is there not like a main big escrow service/agent? i would have thought escrow would be like paypal in terms of escrow being the businesses name so when someone says via escrow it would be like saying via paypal if you know what i mean.. just looking on google and it seems there are countless escrow services so im not sure which one would be right for BTC as well as anything else i would potentially want to use an escrow service for? what are the popular main agents? i see sedo offer an escrow service, though they also charge like 60 comission if you sell a domain name through their market place which is retarded..