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Author Topic: Prevention is better than a cure. Please escrow.  (Read 245989 times)
Dabs
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July 09, 2013, 10:06:04 AM
 #41

What kind of game account are we talking about? It would mean that the escrow party has access to the game, and can change the password.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Lomus
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July 10, 2013, 09:29:38 PM
Last edit: July 10, 2013, 11:19:12 PM by Lomus
 #42

A EvE online account.
The Escrow could be done through the website.

It would take 24 to 48 hours to compleate the character transfer.

tips 18MckbJ6ToBxNLpogG1rfhzQsA5AkD6Wxe
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July 10, 2013, 10:10:54 PM
 #43

I see a few sigs denouncing Ripple... Im with you guys Smiley

escrow is fine, if you can trust them. The way the Govt. is hounding currency exchangers, it wont be long before escrow comes under attack... or am I missing the point?

Why would bitcoin escrow services come under attack? They do not exchange BTC into fiat, so what justification would the government use to go after them?

BTC to the moon!
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July 15, 2013, 02:06:22 AM
 #44

A EvE online account.
The Escrow could be done through the website.

It would take 24 to 48 hours to compleate the character transfer.

As long as I don't have to download a 1 gigabyte client or 100 gigabytes of game data, I can do it. I used to play some MMORPGs and they used to require huge downloads, game updates, etc.

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July 22, 2013, 03:28:23 PM
 #45

Many people are worried about getting scammed, but are all the escrow services trustworthy?

If escrow is the solution to reduce scamming, can we be sure escrow services are legit?  Are there any escrow services to avoid? Any ones that are widely recommended?
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July 22, 2013, 03:37:53 PM
Last edit: August 24, 2013, 10:32:00 PM by malevolent
 #46

Many people are worried about getting scammed, but are all the escrow services trustworthy?


Not all are legit.

Any ones that are widely recommended?

John K.
https://bitcointalk.org/index.php?topic=141672.0

Tomatocage
https://bitcointalk.org/index.php?action=profile;u=37522

Casascius
https://bitcointalk.org/index.php?action=profile;u=2676
Jumpy
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July 30, 2013, 02:25:32 PM
 #47

I am looking for small (tiny!) transactions to act as an Escrow Provider for to build trust in the community.

I posted more details here: https://bitcointalk.org/index.php?topic=264799.new#new

PM me if you want to advertise on this signature.
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August 19, 2013, 11:43:32 PM
 #48

well how can you know if you can trust the escrow service though :/
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August 21, 2013, 05:51:12 AM
 #49

well how can you know if you can trust the escrow service though :/

You cannot trust them "absolutely". But again you cannot trust anything "absolutely". You have to "relatively" trust them. For myself I follow these guidelines:

1- Never scale up escrow trusted amounts: (If the community trusted this escrow with 100-200BTC in the past, Don't go ahead with 1000+BTC deals with this escrow -_-!)

2- Never do any transactions in private (Self explanatory)

3- Have everything cryptographically signed by a known key for the escrow (Self explanatory)

I hope this helps.

Will take me a while to climb up again, But where is a will, there is a way...
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August 28, 2013, 07:43:10 AM
 #50

There is an escrow whitelist / blacklist compiled here:
https://bitcointalk.org/index.php?topic=276897.0

John K is of course in the top spot. (And yay!, I'm next.)

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October 10, 2013, 12:37:58 PM
 #51

That crypto exchange is mathematically cool. Say Alice sold Bob plasma tv. She got proof of postage. Bob claims he got cardboard sheets in the box instead of TV. What is Eddie going to do?  Goods and services' indisputable proof of completed transaction is not there Cheesy I say use common sense. If its normally looking internet shop, with paypal, etc they are unlikely to scam you out of say 50 usd worth of btc Cheesy If its gumtree of Craigslist ad you might want to ask seller to confirm his id via Facebook Smiley And if seller wishes to remain anon well then otc web of trust or SR feedback Smiley

You're spot on.  The "you sent me an empty package" scam is common.  I know because I've sent out tens of thousands of packages in my business and there are customers who probably never pay for anything they order online.

What we do is carefully weigh every order before packaging it up.  That way they cannot claim the package was shipped empty or with missing items etc.  Well, they do sometimes try but at least we know for a fact it didn't happen.

In defense of some customers, it could be a little brother or other household member gets to the package first and removes stuff before the real owner knows the package has arrived.  This is actually quite common.

We really need a customer rating system too so that merchants can avoid them.

As you mention, a company selling hundreds of thousands of dollars worth of stuff every year is likely not going to try and scam you out of fifty bucks.  Doesn't make sense, just too small of an amount for them to risk losing the confidence of potential customers.

Sincerely I am, Johnny BitcoinSeed .com
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October 11, 2013, 07:34:01 AM
 #52

There is an escrow whitelist / blacklist compiled here:
https://bitcointalk.org/index.php?topic=276897.0

John K is of course in the top spot. (And yay!, I'm next.)

Kluge, the evil mastermind, took it from you. Wink
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October 11, 2013, 07:37:51 AM
Last edit: October 23, 2013, 02:53:26 PM by Kluge
 #53

There is an escrow whitelist / blacklist compiled here:
https://bitcointalk.org/index.php?topic=276897.0

John K is of course in the top spot. (And yay!, I'm next.)

Kluge, the evil mastermind, took it from you. Wink
Dabs should be there, but the trust system is still fairly new, and kind of wonky. Using defaulttrust to proclaim some objective trustworthiness rating is sketchy.

ETA: What crazyates posted below is true, and I have no defense against it.
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October 22, 2013, 06:15:33 PM
 #54

There is an escrow whitelist / blacklist compiled here:
https://bitcointalk.org/index.php?topic=276897.0

John K is of course in the top spot. (And yay!, I'm next.)
Kluge, the evil mastermind, took it from you. Wink
I will never use Kluge for escrow again. Everyone got paid in the end, but he was extremely unprofessional, and dishonest.

Tips? 1crazy8pMqgwJ7tX7ZPZmyPwFbc6xZKM9
Previous Trade History - Sale Thread
squall1066 (OP)
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October 22, 2013, 06:27:06 PM
 #55

There is an escrow whitelist / blacklist compiled here:
https://bitcointalk.org/index.php?topic=276897.0

John K is of course in the top spot. (And yay!, I'm next.)
Kluge, the evil mastermind, took it from you. Wink
I will never use Kluge for escrow again. Everyone got paid in the end, but he was extremely unprofessional, and dishonest.

I video all my parcels, sign for them, take them in and open and inspect it, I even set it up in ONE take if necessary, This has helped me out more than once.

I'm sorta relieved i'm not on this other whitelist/blacklist thing, I am happy doing escrows on the quiet.

I would like to ask the community, EVERYONE is using johnK, Not saying this is a bad thing, He's a sound person and I have had good dealings with him, But the list of reputable escrows are still very slim, Do you think this is going to get too much for one person? Is this how we run a decentralized community?
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October 23, 2013, 08:31:09 AM
 #56

When John K was busy, I got more contracts. Then he finally settled in, and the contracts dried up. So if he gets too many, escrow will become decentralized. Don't worry about it.

He deservedly has the highest fees now.

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November 14, 2013, 12:26:17 AM
 #57

Is John K around.  Ishe trusted still!???.



BTC CRow.      Anyone use it. Experience
squall1066 (OP)
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November 16, 2013, 04:08:47 PM
 #58

Is John K around.  Ishe trusted still!???.



BTC CRow.      Anyone use it. Experience

1) yes, Tho very busy.

2) I have used it, I have found it a good experience, The operator was helpful, If you use it, You will get e-mails every step of the way, Be careful not to click on the link to release funds! this is a one way deal, Watch your e-mail account, Some people do a deal, then hack your e-mail to release the funds!
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December 05, 2013, 03:23:58 PM
 #59

How does one become an escrow "agent"?  I wouldn't mind help facilitating a sale or be the middle man in a sale.  I've never offered it before but I'd have to start from somewhere.  I'll do it for free.. no donations required either.. I just wanna' learn.
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December 11, 2013, 07:56:21 AM
 #60

How to find best escrow.. ??
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