Starting Escrow Service?

[PyroTekNeks]

So I don't really make anything mining...I was just wondering.

What else exactly would I need besides a good reputation around here?
What coins should I support starting?
How much should I be charging?

Any help would be nice. If you could refer me to someone who does escrow too that'd be great.

[Tomatocage]

Just stick to mining.

[PyroTekNeks]

Just stick to mining.

And why is that?

[Tomatocage]

Escrow work is tiring and thankless. Even when doing it for free, 95% of the time nobody leaves you any positive feedback. Plus when you're responsible for four our five hundred Bitcoins that belong to somebody else, it makes you very paranoid about losing them.

[PyroTekNeks]

That's sad to hear.
Very convincing not to.
That's a lot of money haha. Looking to doing smaller alts first!

[BitcoinBobbeh]

At this point I think it would be extremely difficult to get started as an escrow guy... people like to say it's the 'Wild West' of Bitcoin, which I guess is partially true, but we are past the point of "Hey, trust me with your coins" being effective.  

I personally don't think it's worth it to get very involved with trades at this point, with all the exchanges and stuff. I may remain open to the idea if only to diversify my portfolio with altcoins or something I can trade against with confidence.

For me, not being a big trader, I had to get my rep started by risking BTC of my own with some short-term forum member who is now apparently a scammer.

Not the best experience.

TL;DR your first few deals should be with the elite core of ultra-trusted forum weirdos. Or else you're getting nowhere.