Mine24-7 (OP)
Newbie
Offline
Activity: 46
Merit: 0
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September 09, 2015, 04:46:01 PM |
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BTcoinescrow dot com... Has anyone used this escrow website yet?
What I like about it: Domain purchased from a guy in Texas through GoDaddy. (USA is a +) Server located in Arizona (USA is a +)
What I don't like about it: Domain purchased just 145 days ago. Can't find any review on using the service. Reviews on the website only say "Be careful, it's NEW!!!" Doesn't seem to be any security on the website. (It's all "http:" / No "https:" pages)
TIA Mine24-7
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melisande
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September 09, 2015, 06:57:37 PM |
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The website look suspicious but always remember the warning sign, the website might only be accepting and refuse to pay out. I will advise you to wait for some review before committing your funds to them.
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IronMarvel
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September 09, 2015, 07:13:03 PM |
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does not look trustworthy to me just stick to forum escrow here
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Cxinbolen
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September 09, 2015, 07:14:43 PM |
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They will run with escrow funds as soon as someone tries to escrow over 1BTC with them. I don't see why you guys continue to try and find crazy ways to do business while the old, faithful forum escrow is doing its job completely fine.
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bitcoin1992
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September 09, 2015, 08:28:20 PM |
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Its better to use forum escrow rather than trying a new site. Forum escrows are always safe and p2p interaction is always better than person 2 computer interaction.
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Mine24-7 (OP)
Newbie
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Activity: 46
Merit: 0
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September 09, 2015, 09:33:44 PM |
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OK, thanks for the quick responses. It looks like OgNasty has been doing it longest and has the best score. I'll see if my buyer is willing to do an escrow with him.
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master-P
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September 09, 2015, 10:23:10 PM |
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Site doesn't look trustworthy at all. Their SSL logo isn't even real and they don't seem to have proper SSL set up on their site at all. Along with the fact that this site has no real history and is relatively new, I wouldn't trust it with any amount of funds.
You're better off using something like cryptothrift or localbitcoins escrow if your buyer is not comfortable with using a forum escrow like OGNasty. I'd still recommend a forum escrow over cryptothrift or LBC. OGNasty is a good pick.
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jacee
Legendary
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Activity: 1302
Merit: 1025
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September 10, 2015, 12:26:26 AM |
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Like what they already said site looks suspicious. I doubt their security plus owner of this site is not known in this forum so rather than using this one, I'd still prefer the forum escrow to be more secure.
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Mine24-7 (OP)
Newbie
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Activity: 46
Merit: 0
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September 10, 2015, 12:32:04 AM |
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Yes, Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.
Thanks again for everyone's response!
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master-P
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September 10, 2015, 01:11:55 AM |
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Yes, Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.
Thanks again for everyone's response!
That's odd unless you need the escrow to hold the cash as well? Escrows here will hold the BTC for you no problem. If you need help, perhaps I can help escrow just send me the details.
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Mine24-7 (OP)
Newbie
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Activity: 46
Merit: 0
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September 10, 2015, 01:48:30 AM |
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Yes, Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.
Thanks again for everyone's response!
That's odd unless you need the escrow to hold the cash as well? Escrows here will hold the BTC for you no problem. If you need help, perhaps I can help escrow just send me the details. We didn't want the cash held, only the BTC. I wanted OgNasty to hold the BTC, then after I received the cash, he would then release the BTC to the guy who sent me the cash. All the escrows I've seen, the escrow holds the BTC. It would be just like me buying a product from the guy. But instead of him sending me a product, he's sending me cash.
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master-P
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September 10, 2015, 01:57:18 AM |
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Yes, Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.
Thanks again for everyone's response!
That's odd unless you need the escrow to hold the cash as well? Escrows here will hold the BTC for you no problem. If you need help, perhaps I can help escrow just send me the details. We didn't want the cash held, only the BTC. I wanted OgNasty to hold the BTC, then after I received the cash, he would then release the BTC to the guy who sent me the cash. All the escrows I've seen, the escrow holds the BTC. It would be just like me buying a product from the guy. But instead of him sending me a product, he's sending me cash. Correct. That is how it's handled around here for the most part.
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jacee
Legendary
Offline
Activity: 1302
Merit: 1025
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September 10, 2015, 02:06:18 AM |
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Yes, Thank you master-p and jacee. I did contact OgNasty about doing the escrow. He said is wouldn't do it because it wasn't BTC for a product. It's BTC for cash, and he won't do it when there's cash involved. I'm not sure why, but that's what he said.
Thanks again for everyone's response!
That's odd unless you need the escrow to hold the cash as well? Escrows here will hold the BTC for you no problem. If you need help, perhaps I can help escrow just send me the details. We didn't want the cash held, only the BTC. I wanted OgNasty to hold the BTC, then after I received the cash, he would then release the BTC to the guy who sent me the cash. All the escrows I've seen, the escrow holds the BTC. It would be just like me buying a product from the guy. But instead of him sending me a product, he's sending me cash. Correct. That is how it's handled around here for the most part. But I think if there is a cash involved no physical product then I think both the cash and btc should be held by the escrow. Transactions should be p 1 send cash to escrow p 2 send btc to escrow, if both received by escrow then escrow release the btc and cash to both party.
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Mine24-7 (OP)
Newbie
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Activity: 46
Merit: 0
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September 10, 2015, 02:28:11 AM |
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That makes sense jacee. But how do you move cash around if you're not a bank? The guy with the cash would have to Western Union (or somehow) the cash to the escrow, then escrow would have to Western Union it to me. That means TWO Western Union fees! Western Union will make more on the deal than I would!
There's only one way to do it. That's treat the cash like it's a product. What difference does it make if I send him 1 BTC (worth about $240 right now), and he sends me $240 or an item worth $240? Either way, he sends something directly to me something that's worth $240. (or whatever the agreed upon price is)
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lexuz
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September 10, 2015, 12:15:45 PM |
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That makes sense jacee. But how do you move cash around if you're not a bank? The guy with the cash would have to Western Union (or somehow) the cash to the escrow, then escrow would have to Western Union it to me. That means TWO Western Union fees! Western Union will make more on the deal than I would!
There's only one way to do it. That's treat the cash like it's a product. What difference does it make if I send him 1 BTC (worth about $240 right now), and he sends me $240 or an item worth $240? Either way, he sends something directly to me something that's worth $240. (or whatever the agreed upon price is)
So who use this service not get charge fee transaction? Sorry to say this i would choose escrow from this forum for escrow service
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21coin
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September 10, 2015, 12:24:13 PM |
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There are plenty of trusted escrow in the forum here, and many provide their services for free. I'd suggest you to stick with forum instead of a new site.
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