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Topic: Is there a need for more escrows on this forum? - page 4. (Read 3908 times)

legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
I actually think we need more escrows on the forum. The scammers are increasing day by day and the increasing population of newbies will be an easy target for them. We have to understand the concept of escrows to all new members.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
It is good to have more escrows here in forum since we are not came from 1 country and our time zone is different to other users here and most of the time some escrow are busy and we have a choices if there are more offer escrow services. Escrow is a must for big transaction to be made to secure both parties.

Not just because we are on different country and timezone for us to use escrow services. We can do successful transaction here without escrow if we provided a legal documents for our identity here. But since bitcoin is anonymous then all members here preferred to hide their real identity and this the main reason why we need escrow because we didn't know each other here and theymos made a nice decision for implementing trust system here.
sr. member
Activity: 532
Merit: 280
It is good to have more escrows here in forum since we are not came from 1 country and our time zone is different to other users here and most of the time some escrow are busy and we have a choices if there are more offer escrow services. Escrow is a must for big transaction to be made to secure both parties.
hero member
Activity: 686
Merit: 500
Hey everyone.

I've noticed that there has been a smaller number of scams (at least from what I've seen) than there used to be in the past year or so.

However, this made me think if the forum still had a need for escrow services or not. On one hand, if the scams are lowering, it doesn't make sense to flood the forums with escrows. However, on the other hand, escrows are very useful for every deal here.

I'm asking this question because I, myself, am wondering about making an escrow thread to keep the trading community here safer.
Definitely,we need an escrow for bitcoin transactions.Bitcoin transactions are made online and so there is no chance for the two individuals indulging in th transaction to meet physically.So,there is a great chance of one person being cheated by the other.So,in order to avoid this,an escrow is needed to save every one from being cheated and to protect the reputation of the bitcoin community.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
Escrow is highly needed here, they serves as middle on two parties that is making a small or big transanctions to make it more safer and easier deal and to lessen or avoid scam.
Most of the escrow services provided were good and has gained a good trust as well few has been promoting themselves to become a escrow. Being an escrow is a difficult task, because not every person involved will be trusted and if one makes a flaw it sometimes ruin escrows value. In my personal thought as more people are getting into digital currency usage more escrows were needed.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
No doubt this forum has many trusted escrows already since its launch but due to differ in time zones, we can't get in contact to some escrows. Some may have 24 hours difference in their timings. We awake when they sleep.
So i think more escrows would be required also around this forum.
I wish there were escrows here on bitcointalk from each and every country in this world. There have been times when I thought I would need an escrow for a deal but because of the ones I could find being offline I had to abandon the idea of making a deal so it would be really good idea to have more people providing trusted escrow services and it is desirable that we have at least one escrow from various different regions if not each and every country in the world.

Try to seek those people in your local boards with high trust scores and very transparent interms on handling some deals since I think their are certain guys out there can hold some good deals, But if you can't seek them well much better if we just believe on the existing escrow service here.
sr. member
Activity: 462
Merit: 250
Escrow is highly needed here, they serves as middle on two parties that is making a small or big transanctions to make it more safer and easier deal and to lessen or avoid scam.
hero member
Activity: 756
Merit: 500
More population is equal to more business, and when there is more business there should probably be more escrows. We all can see how the population of this forum is increasing day by day, so if there are more people, there will be more trades, and when there are more trades, it would be better to have more escrows, so that atleast one of them should be online at a time to not let traders wait for too long to get the work done.

Reading this thread puts a new question in my mind:

Since many of you guys do have a desire for more escrows, there is a clear need for them. However, it seems that the existing escrows are not able to respond quickly / are not easily accessible. My new question is whether or not Bitcointalk should have a dedicated escrow section of the forum where people can post their escrow services. Just as we have "Digital Goods," "Services," and "Marketplace," etc., I believe it would be beneficial to have a section dedicated to escrow services.

Thoughts?

I don't think that is necessary, as Escrowing is also a service for the community and we already have a section for all the services combined named "Services". So, having a different section for a service like that doesn't seem logical to me. If this is to happen, then there should also be a different section for Signature campaigns as well, because we have more signature campaign threads than escrow threads in the forum right now.
legendary
Activity: 1414
Merit: 1039
Reading this thread puts a new question in my mind:

Since many of you guys do have a desire for more escrows, there is a clear need for them. However, it seems that the existing escrows are not able to respond quickly / are not easily accessible. My new question is whether or not Bitcointalk should have a dedicated escrow section of the forum where people can post their escrow services. Just as we have "Digital Goods," "Services," and "Marketplace," etc., I believe it would be beneficial to have a section dedicated to escrow services.

Thoughts?
member
Activity: 124
Merit: 10
Escrows are still needed but not too many because there are still active escrows here that we can trust.  As the number of transactions increases, the numbers of escrows must correspond to the number of transactions. Because if there are few, some of them can't respond immediately to the traders and takes days or more to reply.
sr. member
Activity: 630
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
Yes, I do think we need more escrow to manage bitcoins. They were not only limited to just managing signature campaigns but also they serves as mediator for trading transaction that involves bitcoin and some of them were not just taking small amounts but also large amount of money. Just make sure those who are planning to become an escrow should have their reputation build up and no history of any malicious and illegal activities.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
No doubt this forum has many trusted escrows already since its launch but due to differ in time zones, we can't get in contact to some escrows. Some may have 24 hours difference in their timings. We awake when they sleep.
So i think more escrows would be required also around this forum.
I wish there were escrows here on bitcointalk from each and every country in this world. There have been times when I thought I would need an escrow for a deal but because of the ones I could find being offline I had to abandon the idea of making a deal so it would be really good idea to have more people providing trusted escrow services and it is desirable that we have at least one escrow from various different regions if not each and every country in the world.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Hey everyone.

I've noticed that there has been a smaller number of scams (at least from what I've seen) than there used to be in the past year or so.

However, this made me think if the forum still had a need for escrow services or not. On one hand, if the scams are lowering, it doesn't make sense to flood the forums with escrows. However, on the other hand, escrows are very useful for every deal here.

I'm asking this question because I, myself, am wondering about making an escrow thread to keep the trading community here safer.
Its never been prohibited to be an escrow on this forum and yes you are right there are scams which do happen on some escrows and those are on people who arent trustable on this forum that is why its really important to use the most reputable ones and been known on this place. If you are new this would really be a tough competition but it isnt bad to start even on small transactions and do gain trust gradually knowing that trust cant be built up overtime and would really require much time.
hero member
Activity: 630
Merit: 500
Their's enough reputable escrow here in this furom but they are not really act fast whenever we need them thats why maybe its good thing here that maybe it needs a new set of trusted escrow service here but we should select them by their trust score and not those random guys around but for now I would select those people who have great portfolio for doing this job so that we will not compromised by Scam escrows around.
hero member
Activity: 1946
Merit: 502
Just to make  every transaction safe between member to member we need escrows for that,  using escrow will lessen or i should say it will take out the risk of being scammed on both parties.  I think we have already enough trusted escrows here in this forum.
legendary
Activity: 2562
Merit: 1441
I don't know about escrow. There is a need for better methods of obtaining collateral for loans.

One might say crypto needs better methods of verifying identities, considering how easy it is to obtain fake ID's.

Better methods of validating transactions where crypto is exchanged for physical goods could also be needed. Of course companies like ebay still have not found a way to do that effectively.

Some type of credit check / history system could also be needed, similar to what banks have.
hero member
Activity: 1190
Merit: 525
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From the need point of view I think there are enough escrows for the currently demand. But everyone is free to start offering their escrow services and join the competition. However it's hard, as you must be a trusted person in forum to have customers, otherwise nobody will hire you.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
So at the moment are only 12 escrows all over the forum, only 5 active per day and you get an reply sometimes in days, I think the forum should have at least 20 or 30.

i think we have more than 12 if you include the campaign managers, i heard they are also accepting some transactions. but yeah since not everyone is available and most of

them have a certain criteria for accepting transactions e.g. some might only accept small ones or big ones etc. so the more escrows the better. i don't really get why should the

need of escrows has to be stopped when there is a reduction of scams, i mean that shouldn't stop us for being alert in scam instead we should strive to maintain it or better, to

improve again and again.
full member
Activity: 459
Merit: 102
So at the moment are only 12 escrows all over the forum, only 5 active per day and you get an reply sometimes in days, I think the forum should have at least 20 or 30.
legendary
Activity: 1512
Merit: 1041
Escrow will always be needed. No matter that scams are reduced but still they are, but providing trustworthy escrow that is something completely different in any aspect of this trade or ICO announcement. So we need them more trusty they are the better then ICO for example might have some bigger changes to go big.
Yes, will Government stop recruiting for police and FBI if crime rate decreases ? It seems complete meaningless to me to ask about the requirement of number of escrow. Having multiple options will not hurt anyone and moreover we are going to have rapid adoptions in near future and hence we can expect more volume of trading to take place. To withstand the high volume, we must need more escrows to ensure healthy environment always.
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