(awesome logo designed by moltenmich, thanks again man!
)
I do require a fee (of 1.5% depending on the complexity - long terms ones for 2.0%+) for more substantial trades now to deal with the extended risk. An escrow that requires no fees for bigger deals is either someone who's really good(as he is effectively looking at negative ROI with the risk) or someone who will run if any problems arises. (getting hacked etc)
An Introduction (quoted from a recent PM I sent someone)Hey,
Well, there's not much introduction on my escrow service here, but I've been a regular escrower since last year if I'm not wrong. I've begun offering my services to the public here:
https://bitcointalksearch.org/topic/john-john-ks-escrow-service-previously-known-as-johnthedong-141672 , and a few of my notable escrow transactions are for around 2.1k BTC at one go (when the price was at $100~ USD/BTC), and a few other 1k+ BTC transaction. I don't really ask for a 'vouch' or public confirmation as I'm doing around 4-5 escrows per day now (237 transactions till now, and around 240 in the next hour), but just ask around for the more notable users around here - I'm sure I've escrowed for most of them by now.
I'm also the treasurer and community council member for Bitcointalk.org, and I currently hold 1k BTC for the forum long term - only me and Casascius holds such an amount. (
https://bitcointalksearch.org/topic/m.1642658) .
As per fees, that'll depend on what kind of escrow you're needing here, and the amount transacted. A rough estimate would be 2% for ASIC preorders, group buys; 1.5% for most transactions; and 1% for long term users (who regularly use my service and totalling over a few k's+ BTC transacted).
Thanks for enquiring,
John
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Hey everyone,
I figured that as I've been getting requests here and there for escrow services, it would be better that if I made a thread about this to consolidate the matter. I'm providing this service FOC and as a service for the community, but tips are graciously accepted for my time.
I will issue a contract signed by my GPG key below, with the Bitcoin address embedded within the message. Please do not accept a Bitcoin address that is not GPG signed. Anyone who has dealt with my escrow services before knows what to expect in my contract, of course.
On the event that any problems arises, I will release the escrow to whichever party that presents me with the most convincing proof after an open discussion with others and/or theymos. I've invoked this point twice only in my escrow 'lifetime' , and both resulted in a satisfactory settlement by all parties.
As always, PM me if you need me - I'm generally responsive if you see me online.
Best,
John
Dated today: Feb 7 2013
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Edit: A list of current loans is listed here for my personal reference.
ATC777
BTC3.50 due before Wednesday, 3 April 2013 (UTC +8 time) 1:54PM (
https://bitcointalksearch.org/topic/m.1645847)
