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Author Topic: Escrow services  (Read 516 times)
BitcoinLaws (OP)
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October 15, 2017, 05:59:05 PM
 #1

Are you using it ? I yes, which one ?

Would you consider a "traditional" escrow service, run by a valid law office (Canada), dealing for escrow up to 50 000 000$ US and providing judge services, in case of a dispute ?

www.btc.legal
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October 15, 2017, 09:34:53 PM
 #2

I dont know what do you mean by refering those kind of escrows, but yes, a lot of people are using escrows in this forum for all kind of operations that concerns about bitcoin.
I use escrow, but only bitify's one, i dont trust any other escrow than this one, because bitify is automatic and you can release the escrow whenever you want.
There are a lot of unsense escrows, and much of them have become scam in the last years/months, so i dont trust in any of them at the moment.


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October 15, 2017, 10:11:27 PM
 #3

Hello guys. Can someone tell me what is the meaning of escrow? It is coin or tokens? Or some sort of trading site? I do not really know about it. I would be happy if someone can give me an information about it. Thank you.

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October 15, 2017, 10:55:37 PM
 #4

Hello guys. Can someone tell me what is the meaning of escrow? It is coin or tokens? Or some sort of trading site? I do not really know about it. I would be happy if someone can give me an information about it. Thank you.

An escrow is a trusted third party that safeguards your coins when making deals with eg. another member of this forum. Optimally they simply release the coins to the selling party, once the buyer confirms that everything is in order. Otherwise they have to serve as an arbiter.

What makes a trusted third party is up for debate though. And in theory you'll want to use a 2-of-3 multisig address (which means the escrow can't run with the coins, unless conspiring with either the buyer or the seller, additionally escrow doesn't need to do anything if buyer and seller are both content and provide their respective signature) although I'm not 100% sure how the current practice looks like.

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October 16, 2017, 12:56:24 AM
 #5

There are members here in forum that actually use the service of an escrow and I know some of them you can try bl4nkcode, SebastianJu, moonbux, Reynaldo, and some campaign managers are better also to be trust as an escrow just like yahoo62278 and many more managers that's trusted by most users here in forum.

Hello guys. Can someone tell me what is the meaning of escrow? It is coin or tokens? Or some sort of trading site? I do not really know about it. I would be happy if someone can give me an information about it. Thank you.
Escrow is a service wherein you will trust your funds to someone so that a transaction to some people or meber here that you don't know will be in a safe people or company. You can try a dictionary it is available in there so you can better understand what it means.
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October 16, 2017, 07:50:05 AM
 #6

Are you using it ? I yes, which one ?

Would you consider a "traditional" escrow service, run by a valid law office (Canada), dealing for escrow up to 50 000 000$ US and providing judge services, in case of a dispute ?

www.btc.legal
Members in this forum usually escrow their funds with other particular legendary members who work like traditional middlemen.
Nobody ever had faced any negative effects while using our local community escrows.
Thinking about judge service feature in btc.legal makes me feel extra secure but this feature  may be suitable for canadian members only
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October 16, 2017, 07:52:22 AM
 #7

Are you using it ? I yes, which one ?

Would you consider a "traditional" escrow service, run by a valid law office (Canada), dealing for escrow up to 50 000 000$ US and providing judge services, in case of a dispute ?

www.btc.legal
Members in this forum usually escrow their funds with other particular legendary members who work like traditional middlemen.
Nobody ever had faced any negative effects while using our local community escrows.
Thinking about judge service feature in btc.legal makes me feel extra secure but this feature  may be suitable for canadian members only

Have you been here long enough to remember the Master-P fiasco?
https://bitcointalk.org/index.php?topic=1307926

I wouldn't say forum escrows are 100% safe, but they're still a lot safer than not using an escrow at all...

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October 16, 2017, 09:03:46 AM
 #8

Are you using it ? I yes, which one ?

Would you consider a "traditional" escrow service, run by a valid law office (Canada), dealing for escrow up to 50 000 000$ US and providing judge services, in case of a dispute ?

www.btc.legal

I think a lot of people will still prefer to use the traditional escrow that we have here. Over here, there are physical people who have proven to be worthwhile over the years and have not defaulted so far in placing their names above some few amount of dollars and they can equally called to answer for their actions in case they defaulted. On the service you are offering or promoting, you will need to prove to us why its better to use your service from the advantages I listed above.


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October 16, 2017, 09:18:36 AM
 #9

Are you using it ? I yes, which one ?

Would you consider a "traditional" escrow service, run by a valid law office (Canada), dealing for escrow up to 50 000 000$ US and providing judge services, in case of a dispute ?

www.btc.legal

Of course escrow is a must its the transaction involves huge sum of bitcoin. No one want's to be scam, right? There are a lot of trusted escrows here and even some ICO or most of the signature campaigns here have escrow for protection of both parties. Its the first time I heard about that website but I think they need to established themselves here in the forum if they want members here to used their services.

Hello guys. Can someone tell me what is the meaning of escrow? It is coin or tokens? Or some sort of trading site? I do not really know about it. I would be happy if someone can give me an information about it. Thank you.

You can check this thread to know about escrows:
   
Bitcointalk Escrows - Trade Safely! -- >>https://bitcointalk.org/index.php?topic=855778.0

Just think of escrows as middleman to help both parties facilities smooth transaction. Its a safe net not to be scam. Its better safe than sorry.

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October 16, 2017, 10:14:10 AM
 #10

Are you using it ? I yes, which one ?

Would you consider a "traditional" escrow service, run by a valid law office (Canada), dealing for escrow up to 50 000 000$ US and providing judge services, in case of a dispute ?

www.btc.legal

I haven't heard or seen a law office that is offering escrow service because most of the service that I saw physical escrow service is Ernst and Young and some other companies that are into financial industry. But in case you'll have this type of deal you have to use an escrow that is backed up by any legal matters and does have papers of operation. $50,000,000 isn't a joke when it comes to dealing.

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BitcoinLaws (OP)
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October 16, 2017, 01:54:30 PM
 #11

Thanks guys for all your positive and contructive comments here.

I agree with you. TRUST is the prime base for a good escrow service.

We are actually working with serious ICO promoters as the "escrow" part, required by Canadian compliance authority. I will let you know here and inform you on how is goes and works.

Regards;

Louis
www.btc.legal
www.bitcoin-law.ca
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October 16, 2017, 09:04:39 PM
 #12

Are you using it ? I yes, which one ?

Would you consider a "traditional" escrow service, run by a valid law office (Canada), dealing for escrow up to 50 000 000$ US and providing judge services, in case of a dispute ?

www.btc.legal
I have used btc.legal s services for a more litigious matter in Canada recently and can affirm that he is a real brick and mortar law firm with years of experience and.. that is important savvy in matters of crypto currencies and investing. If you need Escrow or other legal advice I am sure he will deserve your confidence.
m
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October 16, 2017, 10:54:10 PM
 #13

Thanks guys for all your positive and contructive comments here.

I agree with you. TRUST is the prime base for a good escrow service.

We are actually working with serious ICO promoters as the "escrow" part, required by Canadian compliance authority. I will let you know here and inform you on how is goes and works.

Regards;

Louis
~snip~
~snip~

I think its impossible here that this site would be use for escrowing here in forum to deal to someone
Since we never heard about that site even the site is long time created base on what i check in whois i don't be still trust this kind offer..
What i seen here you are just posting it here to get authority or wanted to backlinking to that sites to increase rankings of your site.
Sorry but this is what i seen here
Most of the people here are using escrow that listed here https://bitcointalk.org/index.php?topic=855778.0
And i think they will be more trusted than the other 3rd party sites.
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October 17, 2017, 12:45:49 PM
 #14

Are you using it ? I yes, which one ?

Would you consider a "traditional" escrow service, run by a valid law office (Canada), dealing for escrow up to 50 000 000$ US and providing judge services, in case of a dispute ?

www.btc.legal
I have used btc.legal s services for a more litigious matter in Canada recently and can affirm that he is a real brick and mortar law firm with years of experience and.. that is important savvy in matters of crypto currencies and investing. If you need Escrow or other legal advice I am sure he will deserve your confidence.
m

Hmmm. Looks like we have one vouch already for btc.legal. I just scanned your profile mate, and it looks like you are high rollers and whales and have been investing in a gambling site. So I'm assuming you have used their services on those gambling sites that did pay the supposed 6%? Just correct me If I'm wrong.

As for the escrow services offered, this is the first time as well that I have heard about your company. Nothing to say though except that every escrows services here was built in "trust" so if you can provide that I'm sure a lot of members here will avail of your service. And I think you will get a lot of potential customers here. GoodLuck.

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BitcoinLaws (OP)
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October 17, 2017, 01:07:53 PM
 #15

Are you using it ? I yes, which one ?


Hmmm. Looks like we have one vouch already for btc.legal. I just scanned your profile mate, and it looks like you are high rollers and whales and have been investing in a gambling site. So I'm assuming you have used their services on those gambling sites that did pay the supposed 6%? Just correct me If I'm wrong.

As for the escrow services offered, this is the first time as well that I have heard about your company. Nothing to say though except that every escrows services here was built in "trust" so if you can provide that I'm sure a lot of members here will avail of your service. And I think you will get a lot of potential customers here. GoodLuck.

Thanks Kamarit for your constructive post. Yes, I am ready to work with people here. Actually, I'm working with a Canadian group and Canadian regulations authority to build all compliance duties for a "very soon" to be annonced ICO... In ths process, regulators ask that ETH or BTC to be hold in trust by a law office, in a way to make sure that everything is run in a transparent manner. Crypto are keep in "escrow" until the end of sales.

I'll be more than happy to keep you inform with this great project. In my understanding, this will be the second "full compliant ICO" approved by regulators here in Canada.

regards;

Louis
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