I do require a fee (of 1.5% depending on the complexity - long terms ones for 2.0%+) for more substantial trades now (50+BTC) to deal with the extended risk. An escrow that requires no fees for bigger deals is either someone who's really good(as he is effectively looking at negative ROI with the risk) or someone who will run if any problems arises. (getting hacked etc)
PS: Everyone's been asking about the fees and appropriate tips for this service. I appreciate a tip for the risk of holding the escrowed Bitcoins, and the time taken to facilitate every transaction. I do not have a fixed fee, but generally I receive 1-3% of the amount transacted, especially when a TX takes more than a few weeks.
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
Hey everyone,
I figured that as I've been getting requests here and there for escrow services, it would be better that if I made a thread about this to consolidate the matter. I'm providing this service FOC and as a service for the community, but tips are graciously accepted for my time.
I will issue a contract signed by my GPG key below, with the Bitcoin address embedded within the message. Please do not accept a Bitcoin address that is not GPG signed. Anyone who has dealt with my escrow services before knows what to expect in my contract, of course.
On the event that any problems arises, I will release the escrow to whichever party that presents me with the most convincing proof after an open discussion with others and/or theymos. I've invoked this point twice only in my escrow 'lifetime' , and both resulted in a satisfactory settlement by all parties.
As always, PM me if you need me - I'm generally responsive if you see me online.
Best,
John
Dated today: Feb 7 2013
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Edit: A list of current loans is listed here for my personal reference.
ATC777
BTC3.50 due before Wednesday, 3 April 2013 (UTC +8 time) 1:54PM (
https://bitcointalk.org/index.php?topic=154814.msg1645847#msg1645847)
FrankTank new loan of
62.57 60 BTC due before May 23rd 2013, with 129 AM shares in escrow
shibaji 10.5 BTC due before Sunday, 3/31/ 2013, with 18 AM shares in escrow. -REPAID-
