Bitcoin Forum

Economy => Services => Topic started by: KaChingCoinDev on July 15, 2014, 01:58:45 PM



Title: When is a reasonable time to start an escrow service?
Post by: KaChingCoinDev on July 15, 2014, 01:58:45 PM
Hello,

I am looking to start an escrow service. I do not want to start too early though. When is a reasonable time? 150 Activity? 300? 10 trust? 500 posts?

Thanks!


Title: Re: When is a reasonable time to start an escrow service?
Post by: Light on July 15, 2014, 02:08:35 PM
It's not so much about the activity as trust (although obviously most people won't trust a newbie - even with some trust). Posting has no relevance to the trustworthiness of an escrow, it only indicates that an escrow is active and hence able to communicate with clients regularly, which reassures people. You really need a high level of trust and good communication if you wish to be an escrow, and preferably sign your official escrow messages with either a Bitcoin address or a PGP key (which you have posted previously to say it is in fact you). This will help deal with the possible scenario your account gets hacked while you are undertaking escrow.


Title: Re: When is a reasonable time to start an escrow service?
Post by: BitcoinTraders on July 15, 2014, 11:46:28 PM
It's not depend on your activity!
It's depend from your trust and how people trust you!


Title: Re: When is a reasonable time to start an escrow service?
Post by: loljosh on July 16, 2014, 12:28:10 AM
You need to build some more trust. There are many people offering Escrow service but only few are legit.


Title: Re: When is a reasonable time to start an escrow service?
Post by: KaChingCoinDev on July 16, 2014, 12:45:29 AM
Hello!

Thanks for your replies! I will work on building more trust!

Thanks!


Title: Re: When is a reasonable time to start an escrow service?
Post by: Blazed on July 16, 2014, 01:44:02 AM
Trust does go a long way!  I suppose the hard part is getting those 3 or 4 escrows lined up and done...then it gets easier I would assume.


Title: Re: When is a reasonable time to start an escrow service?
Post by: Malin Keshar on July 16, 2014, 02:13:07 AM
Get some trust from default list, then make your account be worth more than you could gain by running away with the values, that is, get hero status.


Title: Re: When is a reasonable time to start an escrow service?
Post by: zhinkk on July 16, 2014, 02:38:01 AM
How would you start though? Like me, I have no previous trades. And I'm just a full member. I have chance of starting an escrow service right? I think I would need SOME trust first, maybe like 10, and at least a Sr. member before I even attempt.


Title: Re: When is a reasonable time to start an escrow service?
Post by: jambola2 on July 16, 2014, 06:34:39 AM
You don't gain trust to become an escrow.
You become an escrow because you have gained trust.


Title: Re: When is a reasonable time to start an escrow service?
Post by: btcton on July 16, 2014, 06:48:10 AM
Build up your trist. Start trading with others in small amounts and show high quality posts and dedication.