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Author Topic: How to begin with becoming an escrow agent?  (Read 2109 times)
l8nit3 (OP)
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January 22, 2016, 04:23:07 PM
 #41

I have used many wallets, the one on my account here is simply the newest (an android wallet actually) if you also check my 'memeber since:' stat youll see how long Ive been a member here. Also if you checked the 'account sales' threads here, youll find my account has never been sold. So definitely not a 'newbie' who sprung to life in december lol

Yes 'NottaDev' is simply an inside joke between a few friends, In no way do I consider myself a dev..... yet Wink . As you say, My dox would be very easily put together due to the fact I dont hide where I am or who I am, this is on purpose in an attempt at transparency. If you wanted to... my real name is also floating around here on another thread.

I have not yet decided to put my name out AS an escrow, I was simply inquiring about the  process to becoming one. From the advice given, I will likely be putting time into simply making useful posts and maybe making a few exchanges through the forum here.... basicaly business as usuall.

Maybe in 6-12 months my presence here, aswell as my trust rating, might be high enough to attempt this mission. Untill then, Id like to thank everyone for their advice. Smiley Especially those who are or were escrow agents themselves.
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January 25, 2016, 08:46:47 AM
 #42

--snip--
Also if you checked the 'account sales' threads here, youll find my account has never been sold. So definitely not a 'newbie' who sprung to life in december lol
--snip--

I do believe you when you say you're the original owner, but you have to keep in mind that not all account sales are advertised using the name of the account being sold...
Most account sellers don't disclose the account they're selling.

That's why it's important to sign a message with an old, staked address Wink

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January 25, 2016, 10:50:47 AM
 #43

OP also needs to start posting here https://bitcointalk.org/index.php?topic=855778.0 to discuss his intentions and to introduce himself. (As well as signing wallets and other stuff)

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January 25, 2016, 01:43:29 PM
Last edit: January 25, 2016, 01:55:11 PM by steveds
 #44

OP also needs to start posting here https://bitcointalk.org/index.php?topic=855778.0 to discuss his intentions and to introduce himself. (As well as signing wallets and other stuff)
The thread has no relation with being an honest escrow agent.He needs to be trusted enough and have some nice posting history on the forum in order to be in the eyes of the buyers & sellers as well,otherwise he is going to get neg-rep very soon.
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January 25, 2016, 02:16:15 PM
 #45

Probably a good idea to start one of those threads where your friends post about you (never made one, but there is a section here for it). A good starting point that is needed is account escrows. There is a lack of escrows for them and most are low in value (good starting area and potential niche market for you). Expect to not get tipped much or even thanked often for your hard work though.
l8nit3 (OP)
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January 26, 2016, 05:29:54 AM
 #46

Probably a good idea to start one of those threads where your friends post about you (never made one, but there is a section here for it). A good starting point that is needed is account escrows. There is a lack of escrows for them and most are low in value (good starting area and potential niche market for you). Expect to not get tipped much or even thanked often for your hard work though.
By this are you referring to account sales?If so isn't this generally a shady area for this forum? I feel if I became involved in the account sales occurring here it may tarnish my already limited reputation. (Plus being against my personal belief that accounts should stay with the OG owner).

As for the thread with 'friends' posting good things, I have two small issues with that:
1) My family and friends have been scared away from BTC long ago, falling victim to many of the scams associated with crypto. I am the 'lone wolf' left of my original group of friends. This makes it rather difficult to have 'friends' posting nice things, as none are remaining users on BCT.
2)This goes back to my issues with shadiness. Having multiple users post nice things could easily be interpreted as one user with multiple accounts.... and fraudulent trust (or the implication thereof) is not what I'm after here.

However I would like to thank you, and all of the other posters, for taking the time to respond to my thread and give advice on this subject. Smiley
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January 26, 2016, 06:04:34 AM
 #47

You can do what I did.  Participate in >17,000 BTC in trades over a span of 4+ years without anyone having a complaint.

That's >18,000 BTC now.  Cool

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January 26, 2016, 09:49:43 AM
 #48

You can do what I did.  Participate in >17,000 BTC in trades over a span of 4+ years without anyone having a complaint.

That's >18,000 BTC now.  Cool



I turn down probably 4 times as many escrow requests as I accept.  Most of the denied requests are for paypal transfers, gift cards, altcoin IPOs, signature campaigns, and account sales.  There is definitely a slowdown in legitimate trading, but I think it is because most people have been purchasing new S7s and the resale market is exhausted of supply.  I suspect once BitFury chips start finding their way into miners on the market, there will be a pickup in activity.  As for the Casascius re-seller market...  There are so many copycats like myself releasing our own versions of physical coins that we pretty much soak up most of the excess juice in that marketplace nowadays.

I think it is actually a good time to be quitting the escrow business, or at least taking a break.  I know that I have been giving it some serious thought as I watch the Core/Classic situation develop.  With some luck any potential forking will be smooth...  For now though, I'm happy to do my part to help add a little safety to this place and keep legitimate trading here as free flowing as possible.  One coin.  One love.  Smiley



Well said.  The list is down to a "Big Three" with no-one seemingly willing to break into the top five with a couple declining the nomination.  I think doing reasonable trades that aren't just buying to then resell will gain people's trust.

Saying this

Quote
2)This goes back to my issues with shadiness. Having multiple users post nice things could easily be interpreted as one user with multiple accounts.... and fraudulent trust (or the implication thereof) is not what I'm after here.

will make people wonder.

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January 26, 2016, 09:59:35 AM
 #49

OP also needs to start posting here https://bitcointalk.org/index.php?topic=855778.0 to discuss his intentions and to introduce himself. (As well as signing wallets and other stuff)
The thread has no relation with being an honest escrow agent.He needs to be trusted enough and have some nice posting history on the forum in order to be in the eyes of the buyers & sellers as well,otherwise he is going to get neg-rep very soon.
I don't think OP need to be -neg
He was just asking on how to be escrow which is hard to be one especially on Bitcoin Smiley

Probably a good idea to start one of those threads where your friends post about you (never made one, but there is a section here for it). A good starting point that is needed is account escrows. There is a lack of escrows for them and most are low in value (good starting area and potential niche market for you). Expect to not get tipped much or even thanked often for your hard work though.
firstly he need trust, don't try to be an escrow without it, even for a small deal
You will not get tipped but probably -neg Roll Eyes
l8nit3 (OP)
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January 26, 2016, 06:09:45 PM
 #50

OP also needs to start posting here https://bitcointalk.org/index.php?topic=855778.0 to discuss his intentions and to introduce himself. (As well as signing wallets and other stuff)
The thread has no relation with being an honest escrow agent.He needs to be trusted enough and have some nice posting history on the forum in order to be in the eyes of the buyers & sellers as well,otherwise he is going to get neg-rep very soon.

why would i get neg rep for asking about a process? if you read above,

Quote
have not yet decided to put my name out AS an escrow, I was simply inquiring about the  process to becoming one. From the advice given, I will likely be putting time into simply making useful posts and maybe making a few exchanges through the forum here.... basicaly business as usuall.

Maybe in 6-12 months my presence here, aswell as my trust rating, might be high enough to attempt this mission. Untill then, Id like to thank everyone for their advice. Smiley Especially those who are or were escrow agents themselves.

I was simply asking the advice of those who have been here longer then I, before attempting something that could turn out badly if not approached in the right way. (such as the masterP incident) As stated above I will be putting this mission on hold and begin by building trust amongst the community, by simply trying to be a larger part of it.

Id like to thank all of those who commented with helpful advice, all of which I will be taking with me from this point forward in my 'crypto-career'
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