Topic: My girlfriends house in Germany - page 7. (Read 18822 times)

so what's the current bid?

Your idea is very good, I already asked the MODS to look in and maybe send this somewhere else so I can start again. But had no reply......

in the spirit of auctions yes, if a property were sold in dollars and it crashed or yen or pounds, then its just the way life goes.

However to be perfectly honest I am hedging my bets on the short term prospects of bitcoin and want to play the markets with them. Not the long term. And I want to be in control of the money, not have to just eat the fact that the money was pissed around with in some escrow or unreasonable delays made by the buyer, dragging this onto months or even have a buyer deliberately play the game to his advantage for the market. Otherwise the buyer could play this game forever until the market favours he release the money at its lowest point.

As I was just told there was a method of 'holding' BTC in currency, this has intrigued me and I am interested to know more.

I don't think my thoughts are unreasonable. BFL are getting pre-orders (and payments with far less accusations of scamming, noless)  for devices and do you really think they hedge their money in Bitcoin, and would send you a device costing thousands for $20? No, they have control of their funds, and probably turn them to $$$ as soon as you pay them.

I just want the choice to choose my own fate on the bitcoin ride and not have to sit back and watch it rise or crash round me with my funds basically sat in a straightjacket. Hope that makes sense.

So thats why people worry. they make a payment and do not get this certificate.
Still one should assume that if lawyers and notaries are involved this all is saver than 99% of other btc purchases.

I'd recommend you start another auction when you have some free hours to answer the inevitable questions and spend some thoughts on how to layout and formulate your offer to minimize them (details how the transaction works, offer to give details per PM etc) - considering the experiences you made with this thread which I'd consider as a test run, for it is no longer a valid auction thread imho.

So OP, please don't give up selling this house for bitcoin. its an awesome idea and it should happen.

You are having an auction in bitcoin, if bitcoins crash to 1$ today, would you still honor the auction and sell the house to the highest bidder (curretly 35 btc)?

Just adding to the 'thread hijacking' a little bit, it is normal for buyers to request/require escrow, as that provides a huge safety net to any deal.

It is not, however, normal to refuse escrow (not saying you did, not saying you didn't). The only two reasons I can think of for someone refusing escrow are:
- You don't trust anyone, which is fair but then why are you trying to have people trust you? (*)
- You are trying to pull up a scam. A scammer will never admit to want to scam, and they always have great theories on why escrow isn't needed.

(*) - I know there are other mechanisms to secure the deal, as you described. That is all fine except the moment bitcoins are transfered there is nothing that can bring them back, not a court order, not the police, not the best lawyer in the world. If you succeed in making things look legit, receive the coins and then disappear... well... you know. On the other hand, if you are legit and the buyer doesn't pay, you have a physical good that you can prove is still yours, you can have the police arrest the scamming buyer. Hell, you can go there personally and kick the shit out of the guy that tricked you, so you see that while it seems that dealing with bitcoins is the same as any other currency it really isn't.


Now, as another potentially interested party I have to ask again, as I didn't see an answer and I'm following this thread eagerly: Will you accept dealing with a bitcoin escrow? I know you said you didn't say you wouldn't, but what I'm asking is if I can bid knowing you will accept a mutually trusted party to hold the coins until the deal is concluded?

As for your 'what if btc price plummets', are you going to use a payment processor or are you going to take BTC? It is the same thing for the buyer, but does present an added risk, so as someone (goat?) proposed earlier, would you accept the escrow to hold the funds already converted to your currency of choice instead?

But the customer does not get a payment certificate from me until they make payment. I suppose the only use for escrow would be that they pay the escrow holder the money and a notarised certificate stamped 'all funds paid' is posted to Mr. Escrow. Then when he has said document monies are released and the document sent to the buyer.

However if Bitcoin crashed during this time my GF would be left with nothing and the other person a free house. So it would have to be done at speed- the document would need to be basically prepped and sent within days which would be possible.

I understand that playing the currency game is risky and admit a bit of adrenalin comes into play when risking on the Buy/Sell, but it would be very annoying if hands were tied and unable to access the funds whilst say, watching BTC on a downwards slide and seeing $1000s lost every day with funds sat in escrow, simply because of a trust issue that is covered in any case with lawyers. Why should we have to loose because someone else does not trust in lawyers.....unless they are happy to therefore fix the price in Euros on day of sale with bitcoin an agreed medium. Otherwise Might as well ebay the house. Has to be SOME give and take.

I get that its plain to see there is a 'everyone on the forums is a scammer' mentality here, which is a shame for peoples health and stress levels really. Hey, end of the day, there are lawyers who deal with properties so apart from as I said, sending the BTC and sale proof document to someone and then having them post it out- but agreeing to cover any BTC loss in the wasted days those BTC could have been in my account- I can't see any use in the escrow system in this particular transaction.

Maybe after I have sold this house and it goes through I will have some trust shown and should start the worlds first Bitcoin only estate agency here. Until then I really don't take it personally, just take it personally that I have to repeat myself continuously without having fresh argument presented. 

corrected myself here:


Actually OP, I come to think that YOU would be the beneficent of an escrow service.

1) Auction ends
2) funds are transferred to escrow
3) deal is made perfect
4) funds are forwarded to you.
5) ?
6) Profit

An escrow service would actually be useful for you in case your customer wouldn't pay and you'd have a hard time proving legally that no payment was made.

I'd not discard it from the beginning.

Also again, don't get pissed so easily. On this forums, everyone is a scammer until proven otherwise. It lies in the nature of a non-reversible transaction system and is not an insult to you personally so you really shouldn't take it personally.

But I already said specifically this is NOT Denk as this has been checked and verified. Why do people not read before commenting......

It looks like a Fachwerkhaus that makes it old eneough to but it unter Denkmalschutz http://de.wikipedia.org/wiki/Denkmalschutz by Law and thats a Bitch when it comes to renovating.

PM sent.

Maybe somewhere in this house is a picture of her naked......now you really want to bid?

We need to see tit first 

Well could you PM me her phone number? I would like to call her and ask about the house(yeah im very intrested). I speak german nativ.

Now we are speaking, man!

No escrow for that - but she shows first

She has a power of attorney with her lawyer who deals with everything in Germany on her behalf.

Picture of my Girlfriend? No problem, I will start a new auction, does she have to show her tits to escrow so they can verify she has tits before you send money or does she show tits and trust you will make payment if satisfied

Pics of your girlfriend or it didn't happen (sorry, I couldn't help myself)

@bitcoin_bob does your girlfriend live in germany?  How will you handle the deal? She has to come over at least one time

Truthfully you could from those pictures probably locate the house on Google maps. And it's not a large village. And if you PM'ed me and sounded serious, you would also have the address to take a look see, telling me when and where and what you look like and what you are driving so my GF can tell the neighbours why there are people poking round the house and what they would look like.