Cyrus is a grate guy and anyone can use him for escrow !
Topic: Prevention is better than a cure. Please escrow. - page 12. (Read 311206 times)
legendary
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
Thanks for the escrow list
Is it usual that the person who is doing escrow services take the fee from the seller or the buyer or simply from the person who engages him? And what are those fees like? Don't have experience with this but I might need escrow services soon.
Cyrus is a grate guy and anyone can use him for escrow !
I agree with steamproject ! Cyrus is grate man !
Cyrus is a grate guy and anyone can use him for escrow !
It is always better to prevent something bad than doing something and it goes wrong, because now you have to worry about curing and dealing with the problem.
You should always think twice before doing something.
You should always think twice before doing something.
I know something about that, still waiting for my some of BTC bought a month ago, still no answer from the seller. I've bad experience with that - yes - but you not need to. So be careful and just use escrow.
Hi i'm new to bitcoins.
i just came across this site and the term escrow keeps popping up.
can someone explain this or point me to a resource where i can learn more about this.
it is clear the fraud is possible with the BTC system, and as im a new user i dont want this to affect my sales
Thanks
i just came across this site and the term escrow keeps popping up.
can someone explain this or point me to a resource where i can learn more about this.
it is clear the fraud is possible with the BTC system, and as im a new user i dont want this to affect my sales
Thanks
Escrow/middleman is a party where they negotiates the two contracting parties. There are 3 circumstances.
1. Escrow accepts the payment of buyer and confirms it to the seller and the seller will commence/deliver the service/goods and when the buyer confirms the succession of transaction, the escrow finally transfer the payment of buyer.
2. Escrow accepts the goods of the seller and make the buyer send the payment to the seller and when the seller confirm that he received the payment, the escrow finally transfer the goods to the buyer.
3. Escrow accepts both payment and the good at the same time and when that happened, he will deliver the payment to the seller and the good to the buyer.
Hi i'm new to bitcoins.
i just came across this site and the term escrow keeps popping up.
can someone explain this or point me to a resource where i can learn more about this.
it is clear the fraud is possible with the BTC system, and as im a new user i dont want this to affect my sales
Thanks
i just came across this site and the term escrow keeps popping up.
can someone explain this or point me to a resource where i can learn more about this.
it is clear the fraud is possible with the BTC system, and as im a new user i dont want this to affect my sales
Thanks
I want to use your Escrow service. How can we proceed?
Yes 100 % agree, We should always prevention
I always do
I always do
ALWAYS MAKE SURE THE ADDRESS YOU ARE SENDING BTC TO BELONGS TO THE ESCROW AGENT. NEVER TRUST ANY ADDRESS SENT TO YOU BY ANYONE EXCEPT A TRUSTED ESCROW AGENT. SCAMMERS WILL USE SIMILAR NAMES, DOCTOR QUOTES, AND CREATE SIMILAR BTC ADDRESSES IN ATTEMPTS TO SCAM. BE CAREFUL!
There is a new wave of possible scammers, People who buy up legendary accounts and trade untill they have large sum of money then run, This has been done with a very trusted account recently.
Please be cautious, I am trying to set up a 3 way secure key escrow for my personal escrows to add peace of mind.
I would like to point out, that I do not partake in escrowing forum accounts, I never have and never will, in fact its against the rules on my forum, This is a trust based commodity as it stands, if we keep moving the goal posts as well as the stadium, no one can be accountable for theft!
Keep safe people, dont give up, trust in BTC, suspect people :-)
Please be cautious, I am trying to set up a 3 way secure key escrow for my personal escrows to add peace of mind.
I would like to point out, that I do not partake in escrowing forum accounts, I never have and never will, in fact its against the rules on my forum, This is a trust based commodity as it stands, if we keep moving the goal posts as well as the stadium, no one can be accountable for theft!
Keep safe people, dont give up, trust in BTC, suspect people :-)
with type of educative and informative posts, I hate it when i hear somebody has been scam off their hard earned coins due to ignorance and greediness. I wonder what is the problem with some people.anyway thanks for taking your time to remind us of that great information
Yes Sir, i totally agree. I got scammed heavily. I dont know how to use Escrow especially when some one ask me to send Bitcoins to his BTC address. I am having account on LocalBitCoins. If the person whom am sending BTC dont have account on that site than how to use Escrow? I really need help to prevent me for further scams.
what mean by escrow? somebody tell me.. 
A financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled.
For Example you are the buyer and you want to buy something online, and you want your transaction to be secure you will get a third party that is an escrow the one who hold your money for payment, if the transaction is completed and the product seem's legit then the escrow will definitely gives the money to the seller,
what mean by escrow? somebody tell me..
Escrow is used in tons of non-bitcoin related online transactions such as buying websites or domain names.
There is no reason for it not to be used for btc!
There is no reason for it not to be used for btc!
Yes! In using escrow it will provide security for both parties, on the loaning thread you can see that escrow is mostly use in loaning for bitcoin, in marketplace bitcointalk accounts transaction is still using escrow safe and security.
Escrow is used in tons of non-bitcoin related online transactions such as buying websites or domain names.
There is no reason for it not to be used for btc!
There is no reason for it not to be used for btc!
In these times of Mass scammers out there, I urge people to use an escrow. There are many good members out there willing to help to secure the bitcoin community, There are also more people willing to do anything to scam you out of your coins, Please just do your research on someone before you part with your hard earned coins.
An escrow list
Note to mod, I know this is in the wrong section as I am not selling anything, I feel we all need to be wiser, People in the selling forums are less likely to look elsewhere for information on what this is and how it is acheved,
Even if a few people read this and use escrow, Or a few scammers don't get their coins, I will consider this a good job.
Please consider not moveing out the way, This needs to be addressed.
An escrow list
Note to mod, I know this is in the wrong section as I am not selling anything, I feel we all need to be wiser, People in the selling forums are less likely to look elsewhere for information on what this is and how it is acheved,
Even if a few people read this and use escrow, Or a few scammers don't get their coins, I will consider this a good job.
Please consider not moveing out the way, This needs to be addressed.
Thanks for the advice! showing care towards us I am new to bitcoin, and reading in this thread makes me think there are
transactions like this to keep people safe from scammers, appreciated
Darktongue but how it should work? Give me an example, please.
1) Buyer meets seller but afraid to do the deal for the lack of reputation on both sides. (the age old conundrum - who will send first?)
2) They meet an escrow person, someone who's not likely to run with the amount transacted.
3) Buyer sends coins to escrow, escrow confirms acceptance.
4) Seller sends item to buyer, giving tracking numbers to buyer and escrow person.
5a) Buyer confirms acceptance, escrow sends coins to seller.
5b) Buyer states item lost/damaged, escrow mediates the transaction based on evidence of both sides and decides who to send coins to.
Seeing this thread makes me think what is an escrow? but reading your post helps me understand it thanks
helping newbies like me, and reading everybody's post keeps me learns more about escrow thanks!
Jump to: