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Topic: Prevention is better than a cure. Please escrow. - page 16. (Read 302143 times)

hero member
Activity: 519
Merit: 502
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.

While I support what you are saying the problem is we will never get btc main stream if we continue to escrow. We actually need a service like ebay or place where people transfer their btc and leave it there and the shipper ships the items to them once he posts the tracking number he should be paid. I am selling some stuff. I dont mind accepting escrow/btc/credit cards. But I would prefer people use more btc then any other method.
copper member
Activity: 2310
Merit: 1032
Hiya, I will be removing the thumbs up approach and starting a trading trust list, This will include everyone.

NOTE - I keep leaving too long a gap between updates, I am sorry  Embarrassed I will strive to do better, If I have not included you thus far, please post after this one, I will update in day or two, Also, If I have missed your PM I would rather you post your services here, I do alot of escrows myself and PM's tend to get lost.

Thanks all.
newbie
Activity: 14
Merit: 0
For Security and other services here are charges involved. But, definitely you will be free of mind that a transaction is safe and secure.

Thanks
sr. member
Activity: 250
Merit: 250
Now more and more a liar, legerdemain more and more is also high, hope there will be less Huh
member
Activity: 109
Merit: 100
That is true, I invested several coins, but some of them cheat. However, we could not find reliable escrow to support.
hero member
Activity: 490
Merit: 500
37iGtdUJc2xXTDkw5TQZJQX1Wb98gSLYVP
Hi i want to sell items online using BTC but i don't know how to use escrow. are there any fees that i need to pay if i am the seller?
sr. member
Activity: 266
Merit: 250
Thanks for the escrow list
newbie
Activity: 39
Merit: 0
Escrow is better then nothing.
full member
Activity: 238
Merit: 100
Escrow protects the buyer, but how does it protect the seller?  What if the buyer makes false claims of broken hardware, etc?

Please someone let me know, I am interested in selling some things and want to make sure everything will go smooth.

I am still wondering about this.  Anyone?
Man-in-the-middle is a partial solution, but there's no way to fully solve it AFAIK. The escrow provider is shipped the item from the seller, escrow provider verifies its contents and can probably test any hardware for a couple hours, and then the escrow provider ships it to the buyer. That's expensive, though, and doesn't definitively rule out electronics, in particular, getting banged up in the shipping process from the escrow provider to the buyer.

The most reasonable way to go about it is to just honor refunds like virtually every online seller on Earth. Have a brief testing window in the purchase agreement - maybe two or three days from the time it's delivered. If the buyer says it's DoA, he pays shipping back and is fully refunded what was held in escrow. The brief refund window makes the shipping costs on the buyer's side too expensive to lie about for profit, unlike 30-90 day refund windows with companies like Newegg or Tiger Direct.

Very good, thank you Smiley
newbie
Activity: 20
Merit: 0
yes escrow is safe for both seller and buyer
donator
Activity: 1218
Merit: 1015
Escrow protects the buyer, but how does it protect the seller?  What if the buyer makes false claims of broken hardware, etc?

Please someone let me know, I am interested in selling some things and want to make sure everything will go smooth.

I am still wondering about this.  Anyone?
Man-in-the-middle is a partial solution, but there's no way to fully solve it AFAIK. The escrow provider is shipped the item from the seller, escrow provider verifies its contents and can probably test any hardware for a couple hours, and then the escrow provider ships it to the buyer. That's expensive, though, and doesn't definitively rule out electronics, in particular, getting banged up in the shipping process from the escrow provider to the buyer.

The most reasonable way to go about it is to just honor refunds like virtually every online seller on Earth. Have a brief testing window in the purchase agreement - maybe two or three days from the time it's delivered. If the buyer says it's DoA, he pays shipping back and is fully refunded what was held in escrow. The brief refund window makes the shipping costs on the buyer's side too expensive to lie about for profit, unlike 30-90 day refund windows with companies like Newegg or Tiger Direct.
newbie
Activity: 54
Merit: 0
Thanks  man for a  list of escrow services providers. That's good to use it as you can make sure there is no scam.
full member
Activity: 238
Merit: 100
Escrow protects the buyer, but how does it protect the seller?  What if the buyer makes false claims of broken hardware, etc?

Please someone let me know, I am interested in selling some things and want to make sure everything will go smooth.

I am still wondering about this.  Anyone?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
legendary
Activity: 3472
Merit: 1724
full member
Activity: 191
Merit: 100
No Paypal, no Western Union, No credit cards, no checks for me...ONLY escrow. I've learned my lessons
newbie
Activity: 3
Merit: 0
Where can I find a list of escrow services providers?  Huh
full member
Activity: 238
Merit: 100
Escrow protects the buyer, but how does it protect the seller?  What if the buyer makes false claims of broken hardware, etc?

Please someone let me know, I am interested in selling some things and want to make sure everything will go smooth.
newbie
Activity: 22
Merit: 0
As a rule of thumb, NEVER pay for escrow services. Tipping someone doing it voluntarily is something different. If someone wants to be paid (usually a small amount), don't you think they'd be happy to take your "escrowed" funds as an additional form of "payment"? I say escrow ONLY w/mods or users with an extensive blemish free-trade history. I've posted somewhere else, but I will volunteer my escrow services. Do your due-diligence on me before you take me up on it though Wink

I do require a fee for more substantial trades now (50+BTC) 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)
John Q sir,

I have an idea to do a major and neat raffle for a truck that is worth BTC30. Looking to get around 35 and give a 2 BTC for your services. Please PM if interested and I am also open to any suggestions in how to make legit and make it work. Thank you.
hero member
Activity: 819
Merit: 500
I understand where u are coming from... but from what I can tell... about half of the newbie posts in hardware are obvious scams. It makes it tedious to even browse hardware...
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