Bitcoin Forum

Economy => Trading Discussion => Topic started by: Peter Lambert on December 13, 2011, 10:40:07 PM



Title: Bitcoin escrow services
Post by: Peter Lambert on December 13, 2011, 10:40:07 PM
Anybody know of any? Have you used an escrow for bitcoins before? Have you used an escrow for dollars before?

Looking for review and suggestions. Any help appreciated!


Title: Re: Bitcoin escrow services
Post by: bbit on December 14, 2011, 12:46:16 AM
Never used any yet but have you seen http://btcrow.com/ ? I haven't heard from that guy in a while ...

I'm working on something in my own head how to do escrow different might be looking for a partner at some point hopefully this helps! ;D


Title: Re: Bitcoin escrow services
Post by: Andrew Vorobyov on December 19, 2011, 04:24:31 PM
https://bitcointalk.org/index.php?topic=48215.0


Title: Re: Bitcoin escrow services
Post by: BTCrow on January 03, 2012, 03:37:02 AM
Never used any yet but have you seen http://btcrow.com/ ? I haven't heard from that guy in a while ...

I'm working on something in my own head how to do escrow different might be looking for a partner at some point hopefully this helps! ;D

I run http://btcrow.com. What are you interested in doing, perhaps we could form some type of partnership?


Title: Re: Bitcoin escrow services
Post by: payb.tc on January 05, 2012, 12:35:06 AM
i opened http://thrucoin.com recently.

still some way to go on improving it, but it's available for use now.


Title: Re: Bitcoin escrow services
Post by: HostFat on January 05, 2012, 12:41:19 AM
There is also this, but I don't know if it works:
http://r2urixpmy5svvfgd.onion ( needs tor )


Title: Re: Bitcoin escrow services
Post by: DiThi on January 05, 2012, 08:39:00 PM
I'm very interested in this, specially after I've been scammed.


Title: Re: Bitcoin escrow services
Post by: Stephen Gornick on January 12, 2012, 01:20:10 AM
I run http://btcrow.com. What are you interested in doing, perhaps we could form some type of partnership?

After you posted that message the twitter account @BTCrow posted:
 "Under new management. We've upgraded the site. Now much more user friendly. Flat fee of 1%."
http://twitter.com/#!/BTCrow/status/156868356446748672 (http://twitter.com/#!/BTCrow/status/156868356446748672)

Are you still running the service?


Title: Re: Bitcoin escrow services
Post by: BTCrow on January 17, 2012, 11:45:55 PM
I run http://btcrow.com. What are you interested in doing, perhaps we could form some type of partnership?

After you posted that message the twitter account @BTCrow posted:
 "Under new management. We've upgraded the site. Now much more user friendly. Flat fee of 1%."
http://twitter.com/#!/BTCrow/status/156868356446748672

Are you still running the service?

Yes I'm running BTCrow.com. I also posted that message on twitter.


Title: Re: Bitcoin escrow services
Post by: Stephen Gornick on January 18, 2012, 02:41:58 AM
Yes I'm running BTCrow.com. I also posted that message on twitter.

I'm confused then.  So there was someone else managing it before, but then you took over management and now use the same forum account and Twitter account as the previous manager had?

With an escrow service, especially an escrow service operated anonymously, if something happens such as a change in ownership, hopefully that is communicated clearly and timely.  From my experience, "under new management" usually also means "change in ownership", so that's why I ask.

The site's Terms & Conditions shows:
 "This Agreement is entered into in the country of Australia."
Is that still the case?

The http://BTCrow.com site does look great, by the way.


Title: Re: Bitcoin escrow services
Post by: Stephen Gornick on March 27, 2012, 10:41:14 PM
BTCrow is offline.  Is this a server issue?


Title: Re: Bitcoin escrow services
Post by: bbit on April 03, 2012, 07:17:30 PM
BTCrow is offline.  Is this a server issue?

hmmm...


Title: Re: Bitcoin escrow services
Post by: R- on April 04, 2012, 12:02:48 AM
BTCrow is offline.  Is this a server issue?
Noticed that too.


Title: Re: Bitcoin escrow services
Post by: Stephen Gornick on April 18, 2012, 09:35:25 AM
And its back up, but no recent forum login for the BTCrow account.
 - http://bitcointalk.org/index.php?action=profile;u=27514

Sites run anonymously just don't have a great track record in the bitcoin world.

I do see that there is the #bitcoin-escrow IRC channel attended by individuals, most whom are willing to offer escrow (for a fee).  They're rated on #bitcoin-otc Web of Trust (WoT)
 - http://webchat.freenode.net/?channels=#bitcoin-escrow


Title: Re: Bitcoin escrow services
Post by: GroundRod on April 20, 2012, 07:34:00 AM
@Stephen - Boy howdy glad your on track watching over things, was reading through this thread, pulled up the BTCrow.com site, was thinking all looked great & I might have found what looks like a good place to do business with....

...then bam, hit your posts & noted the exchange, as well as dates, now realize I'm done here and need to go to bed, thanks much for the steady hand on the rudder....  :)

@BTCrow - if your on here, would really appreciate hearing from you and address SG's questions to my satisfaction before I could ever consider using your service.

@payb.tc - At this point your site & rates look fine, however I've not seen any information about you, nor does the site lend itself to addressing the issue of trust development between itself & valued customers.  No offense intended, but do you have any web of trust data to backup your service?  If you've any history that you care to share with us, please do so.  Thanks much.


Title: Re: Bitcoin escrow services
Post by: payb.tc on April 20, 2012, 09:14:10 AM
@payb.tc - At this point your site & rates look fine, however I've not seen any information about you, nor does the site lend itself to addressing the issue of trust development between itself & valued customers.  No offense intended, but do you have any web of trust data to backup your service?  If you've any history that you care to share with us, please do so.  Thanks much.

hi groundrod, i never got into the bitcoin-otc thing properly, so don't have a gpg identity there (that i can recall).

my history is basically just via this forum and private interactions stemming from people i've met on here.


Title: Re: Bitcoin escrow services
Post by: GroundRod on April 20, 2012, 03:33:58 PM
There we go, that is the way good trade can happen.

Thanks much Payb.tc & Goat


Title: Re: Bitcoin escrow services
Post by: bitcats on June 26, 2012, 08:37:24 AM
@payb.tc: What if i deposit an amount and the seller won't deliver? Are my btc lost in escrow?


Title: Re: Bitcoin escrow services
Post by: NothinG on June 26, 2012, 08:41:46 AM
I can escrow via PM if anyone needs/wants me to.


Title: Re: Bitcoin escrow services
Post by: payb.tc on June 26, 2012, 08:43:59 AM
@payb.tc: What if i deposit an amount and the seller won't deliver? Are my btc lost in escrow?

i am happy to mediate any dispute, although i haven't updated the site to specifically mention that.


Title: Re: Bitcoin escrow services
Post by: bitcats on June 26, 2012, 08:47:56 AM
Thanks. If there is a dispute and no agreement in sight, will i get my money back? (Like PP does)


Title: Re: Bitcoin escrow services
Post by: payb.tc on June 26, 2012, 09:06:43 AM
Thanks. If there is a dispute and no agreement in sight, will i get my money back? (Like PP does)

if we really can't reach a resolution and all avenues have been exhausted, the only fair thing left to do would be donate the funds to a charity. the seller must also be protected from buyers claiming unjustified refunds.

this is really how the site should be set up, and i must apologise again for not putting the time into the site's development.


Title: Re: Bitcoin escrow services
Post by: ChillZon3 on October 19, 2012, 06:25:10 PM
.


Title: Re: Bitcoin escrow services
Post by: Stephen Gornick on October 19, 2012, 06:56:59 PM
if there was a reliable way to track and prove irrevocably that the BTC had ben sent to the buyer [but] with BTC addresses being nothing but a random number of letters and numbers it's impossible.

It is not impossible.  It is fairly simple and straight forward, actually.  You are describing a standard contract.

The contract between buyer and seller defines payment terms and simply says that delivery of the bitcoins is completed when N BTC are sent to the Bitcoin address X and all transaction(s) in which the coins were sent n have N confirmations.

This contract can be signed (physically, with a pen) and sent by mail, fax, e-mail attachment, whatever method is legally recognized in the two jurisdictions.  In certain jurisdictions, a digital signature (e.g. GPG) is acceptable as well.

It has been accepted that Bitcoin would benefit with the inclusion of a payment protocol which would lessen the need for an external contract like this, however that protocol has not yet been implemented.


If you are looking for escrow, there are several listed here:

Escrow list
 - http://bitcointalk.org/index.php?topic=108716.0


Title: Re: Bitcoin escrow services
Post by: Stephen Gornick on October 19, 2012, 07:15:36 PM
if there was a reliable way to track and prove irrevocably that the BTC had ben sent to the buyer [but] with BTC addresses being nothing but a random number of letters and numbers it's impossible.

It is not impossible.  It is fairly simple and straight forward, actually.  You are describing a standard contract.

I'm suspecting your concern isn't that there "isn't a reliable way to track and prove irrevocably that the BTC had been sent to the buyer" but instead that as a seller you are taking the risk of seeing a chargeback or other reversal when you accept PayPal, credit card, Moneybookers/Skrill, or any other reversible payment method.

That's a different problem entirely.


Title: Re: Bitcoin escrow services
Post by: ChillZon3 on October 22, 2012, 07:55:27 AM
.


Title: Re: Bitcoin escrow services
Post by: Stephen Gornick on October 22, 2012, 04:14:58 PM
My concern really was that my reputation could be damaged by buyers trying to scam me. Cheers, CZ

Then GPG and the blockchain are your friends:

Quote
Make sure both parties agree to the terms of the trade with signed messages
This allows either party to go public if the trade has become sour and stops your trading partner from claiming the details of the agreement were somehow different.

 - http://en.bitcoin.it/wiki/Secure_Trading#Make_sure_both_parties_agree_to_the_terms_of_the_trade_with_signed_messages


Title: Re: Bitcoin escrow services
Post by: ChillZon3 on October 25, 2012, 09:17:51 PM
.


Title: Re: Bitcoin escrow services
Post by: dan99 on May 03, 2013, 02:46:23 PM
John is good just 2 update this posts...

John (John K.)
Global Troll-buster and
Global Moderator
Hero Member


Title: Re: Bitcoin escrow services
Post by: Taccomc on May 04, 2013, 07:59:06 PM
If anyone needs escrow  person to person  for btc, ripplex xrp, or USD  I will help.  I won't charge you but accept tips.  PM with your amounts.


Title: Re: Bitcoin escrow services
Post by: Peter Lambert on May 05, 2013, 06:17:53 PM
If anyone needs escrow  person to person  for btc, ripplex xrp, or USD  I will help.  I won't charge you but accept tips.  PM with your amounts.

Not to be rude, but who are you and why would anybody trust you more than any other random guy on the internet?


Title: Re: Bitcoin escrow services
Post by: molecular on May 05, 2013, 08:27:55 PM
i opened http://thrucoin.com recently.

still some way to go on improving it, but it's available for use now.


lol. "The Amount to Send must be at least 1 BTC."

are you serious?


Title: Re: Bitcoin escrow services
Post by: Peter Lambert on May 06, 2013, 01:29:06 PM
i opened http://thrucoin.com recently.

still some way to go on improving it, but it's available for use now.


lol. "The Amount to Send must be at least 1 BTC."

are you serious?


1 BTC seems like a reasonable minimum ... in January. That should probably get updated. If the person running it is not paying enough attention to update things like that, then you probably do not want to use their service.


Title: Re: Bitcoin escrow services
Post by: zero3112 on May 07, 2013, 04:57:10 AM
How much is the fee for the service?


Title: Re: Bitcoin escrow services
Post by: Peter Lambert on May 07, 2013, 01:58:06 PM
How much is the fee for the service?

Quoting is good ... Who were you directing that question at?


Title: Re: Bitcoin escrow services
Post by: zero3112 on May 07, 2013, 10:32:12 PM
i opened http://thrucoin.com recently.

still some way to go on improving it, but it's available for use now.


lol. "The Amount to Send must be at least 1 BTC."

are you serious?



At Not@las how much is the fee for http://thrucoin.com he said he recently opened the site?


Title: Re: Bitcoin escrow services
Post by: payb.tc on May 21, 2013, 01:00:13 AM
i opened http://thrucoin.com recently.

still some way to go on improving it, but it's available for use now.


lol. "The Amount to Send must be at least 1 BTC."

are you serious?



At Not@las how much is the fee for http://thrucoin.com he said he recently opened the site?

'Recently' was 1 year ago, please check the date on the post.

Thrucoin is now officially up for sale, as I really don't have time for it. That includes domain + website. Any active escrows at the time of sale will be finalized before any new owner takes over.



Title: Re: Bitcoin escrow services
Post by: Trust-Escrow on January 09, 2015, 10:24:17 AM
i think we should see https://trust-escrow.com/ its new service