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Author Topic: Cobalt9317 Escrow Service 0.5% fees  (Read 347 times)
Cobalt9317
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Offering Escrow 0.5 % fee


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May 11, 2018, 04:49:43 AM
 #1

Cobalt9317 Escrow Service 0.5% fees

What is escrow?
A man in the middle to make sure transaction is pleasant for both parties involve.

Where can I use it?
If you are going to exchange some altcoins/bitcoin to an individual or you are going to buy something internationally and you have a second thought to your man.

Why should I trust you?
You need not to trust me, I just merely want to help the community with an increasing popularity of scammers and I can give a helping hand to the person need it the most.

Why it is 0.5% fee?
I will charge a 0.5% fee now although I do not have any escrow deals so far but still I want to do this I'm developing a python program in which I will publish on my personal blog about my web of trust someday.


How to calculate the fee? divide the funds I need to hold by 100 and multiply it by 0.5 in other words you can include the escrow fee.

You can run this program in python3.7 to have an idea.
Code:
escrow_fee = 0.5% # escrow fee
percentage = 100 # percentage
amount = 0.033344 # total amount I hold

total = amount / percentage * escrow_fee # to calculate the escrow fee
total_to_be_receive = amount - total

print(total)                # transcation fee will be included in the escrow fee unless bitcoin transaction fee is not enough to cover the fastest transaction.
print(total_to_be_receive)  # you will receive a total of 0.03317728

When are you usually online so you can help me?
(GMT+8) 01:00 AM to 01:00 PM

How to conduct this service of yours?
Input everything in this order below
Code:
Bitcointalk name:
UID:
Amount:
Address:
Type of coin:                # if it is an altcoin
Detailed information:
I can hold funds in bitcoin/litecoin/ethereum/token and any other altcoin requiring different wallet as long as it is not hard to synchronized like monero, etcetera.

Stake address / GPG key will be updated soon.

Holding/Receiving address will be sign with this address: 16pq31EG2G5VMkuqEARN1paFwCxgjZi9wi

For fastest communication DM me on Telegram

I am also accepting tip: LYnQUZZxfL1TtkMa7CpGjcdkysjPpS1QVe.


Personal note: I have all the rights to deny any request to be your escrow agent whatever reason I see fit just to be clear.
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hilariousandco
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May 13, 2018, 12:19:18 PM
Merited by davis196 (1)
 #2

You are in no way qualified to be an escrow. Escrow's are meant to be highly trusted individuals who's name means something around here. Not random Senior Member accounts with next to zero trades. It defeats the entire purpose of an escrow.

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Cobalt9317
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Offering Escrow 0.5 % fee


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May 17, 2018, 02:07:14 AM
 #3

You are in no way qualified to be an escrow. Escrow's are meant to be highly trusted individuals who's name means something around here.
The context of my thread is missing the word "qualified" I am not here to be highly trusted I'm here to help anyone to stay in the clear water to avoid getting wet especially when the time is seismic.

Not random Senior Member accounts with next to zero trades. It defeats the entire purpose of an escrow.
Based on your statement it is essential to have a reputation to become an "Escrow" why bother if they can use service of bl4nk, ognasty, michael jackson, or sebastian because escrow service is subjective and the responsibility of not being scammed solely depends to oneself. I didn't charge any amount of nakamoto to conduct escrow service I only accept tip and transaction needed for it.



Updated with Public Key,

stake PGP/GPG. 0xB86911E0CE6C5544
hilariousandco
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May 17, 2018, 07:41:55 AM
 #4

You are in no way qualified to be an escrow. Escrow's are meant to be highly trusted individuals who's name means something around here.
The context of my thread is missing the word "qualified" I am not here to be highly trusted I'm here to help anyone to stay in the clear water to avoid getting wet especially when the time is seismic.

If you're not here to be highly trusted then how or why are you needed as an escrow? Might as well just trust any random Senior account. You utterly defeat the purpose of escow because you offer no protection at all. How are you helping when there's no way to know if you're just going to run off with the first amount of money you get your hands on.

Not random Senior Member accounts with next to zero trades. It defeats the entire purpose of an escrow.
Based on your statement it is essential to have a reputation to become an "Escrow" why bother if they can use service of bl4nk, ognasty, michael jackson, or sebastian because escrow service is subjective and the responsibility of not being scammed solely depends to oneself. I didn't charge any amount of nakamoto to conduct escrow service I only accept tip and transaction needed for it.

Yeah, exactly, why bother? Though maybe you can sucker the more naive users into using your "free" service. What exactly are your motives here? To hopefully earn some tips? Then your time will be better spent elsewhere. Maybe you just want help the community? Then help in other ways until you've earned the trust and reputation to be beneficial or trusted as an escrow. Or maybe you just want to hold onto other people's money for free until someone naively trusts you with an amount you're satisfied with just like all the other would-be escrow scammers?

As with everyone else who tries to start an escrow in your position, you're either incredibly naive or a straight up scammer. Either way there's no good reason why you should be offering such services here.

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Cobalt9317
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Offering Escrow 0.5 % fee


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May 17, 2018, 08:15:23 AM
 #5

If you're not here to be highly trusted then how or why are you needed as an escrow? Might as well just trust any random Senior account. You utterly defeat the purpose of escow because you offer no protection at all. How are you helping when there's no way to know if you're just going to run off with the first amount of money you get your hands on.

Words doesn't mean this days but communication is necessary might as well use it for the better days not to scam anyone like what you seriously stating.

Yeah, exactly, why bother? Though maybe you can sucker the more naive users into using your "free" service. What exactly are your motives here? To hopefully earn some tips? Then your time will be better spent elsewhere. Maybe you just want help the community? Then help in other ways until you've earned the trust and reputation to be beneficial or trusted as an escrow. Or maybe you just want to hold onto other people's money for free until someone naively trusts you with an amount you're satisfied with just like all the other would-be escrow scammers?

As with everyone else who tries to start an escrow in your position, you're either incredibly naive or a straight up scammer. Either way there's no good reason why you should be offering such services here.

There's no problem with me if any DT don't input any feedback on me so I won't get any trust and reputation you're speaking of.
It always depends to trust someone like what I already said it comes to the person whether s/he hired me as an escrow or not it's their decision not ours.
Since I started this thread no one use my service as an escrow and it doesn't affect myself in any way as I'm only doing it on my leisure time and if someone like it they can send a cup of coffee over here but not mandatory like what you're implying.

Being naive merely depends to oneself. scammers are scamming someone not because they are naive but because they trust that person/persons that they won't run away with $$$$.

I have nothing to prove here hilariousandco if the person is in need of escrow is you just don't ever think of using mine as simple as that.  Wink

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May 17, 2018, 08:35:58 AM
 #6

I have nothing to prove here hilariousandco if the person is in need of escrow is you just don't ever think of using mine as simple as that.  Wink

Yes you do. You have to prove you are trusted enough to hold on to other people's money, and not just hope some other naive user will do so instead.

Why are you advising caution below about green trusted accounts shouldn't be trusted because they can be sold yet you don't use this same logic with your own account:

You really have to send first, cause how oneself is going to trade for your certain Altcoin if you don't send first, more importantly don't just trust green trusted members here, some of it is a bought account you might be scam for just as little as 0.001BTC

Why wouldn't you scam for 0.001? A green trusted user probably has more to lose than you do.

And not only that but your account has already changed hands as you gave it away as collateral:

Loan Amount: 0.01BTC
Amount to repaid0.011BTC
Interest10%
Reason: Will buy this and financial assistance.
BTC Address: 16pq31EG2G5VMkuqEARN1paFwCxgjZi9wi
Term Length: 1 week after I received the funds from SFX   
Collateral: My account
Stake Address


--Begin Signature--
Quote
This is Cobalt9317 of bitcointalk.org asking for a loan of 0.01bitcoin will be repaid one week from now.

If I defaulted the lender will be the new owner of my account on November 11, 2017 12:00 AM forum time
Quote
16pq31EG2G5VMkuqEARN1paFwCxgjZi9wi
Quote
H1eYI4ZB84iUEvZLSZDJW0Gdgv4ozuckK4hxVa9UhUl9UjPsptZ6eRQnoH/kjb+nioyXeQ8+k99wTe6JSLftT7A=
--End Signature--


You also seem to be taking out very small trust loans: https://bitcointalk.org/index.php?topic=3652536.msg36697585#msg36697585

How can anyone trust you here?

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Cobalt9317
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Offering Escrow 0.5 % fee


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May 17, 2018, 09:05:01 AM
 #7

Yes you do. You have to prove you are trusted enough to hold on to other people's money, and not just hope some other naive user will do so instead.

Why are you advising caution below about green trusted accounts shouldn't be trusted because they can be sold yet you don't use this same logic with your own account:
I witnessed such scam with a tremendous amount of money involve and the one who plot the scheme was a highly trusted member before.
The logic I want to characterized is only neutral perspective so people would choose to use my escrow service didn't just use it because of my trust.

You really have to send first, cause how oneself is going to trade for your certain Altcoin if you don't send first, more importantly don't just trust green trusted members here, some of it is a bought account you might be scam for just as little as 0.001BTC

Why wouldn't you scam for 0.001? A green trusted user probably has more to lose than you do.

And not only that but your account has already changed hands as you gave it away as collateral:


You also seem to be taking out very small trust loans: https://bitcointalk.org/index.php?topic=3652536.msg36697585#msg36697585

How can anyone trust you here?

The user using the account is still the same I provide a sign message using my stake bitcoin address in the O.P. Alternatively I can sign another bitcoin sign message to clarify things.  Cool

The loaned of 0.009ETH is still here I just need the ethereum funds to transfer my ABT.
Cobalt9317
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June 03, 2018, 09:45:49 PM
 #8

Due to unfortunate situation I've been I've lost my revocation certicate I have with my GPG key thus I need to create a new GPG key to put everything in place.

(Daily bump.)
pugman
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June 04, 2018, 12:30:17 AM
 #9

There are members who are offering escrow services for lesser fee/ for free and are more *reputable*. Just sayin'. But good luck, maybe you should try to reduce the fee or something more unique  Wink.

killyou73
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June 04, 2018, 12:53:15 AM
 #10

There are members who are offering escrow services for lesser fee/ for free and are more *reputable*. Just sayin'. But good luck, maybe you should try to reduce the fee or something more unique  Wink.

I think I would use allia before I used this rando

shaw1
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June 04, 2018, 01:32:17 AM
 #11

OP, with many other escrow agents available, and with many of them having lower fees, and more reputation, why does your service exist?

I am aware that green trust accounts can be bought and sold, but then, I've seen low ranked accounts traded far more often.

Based on your trust, it looks like the most anyone has ever risked in a trade with you is .01 BTC.
Now I'm no whale, but for escrowed purchases, that number seems a tad on the small side...

Instead of trying to be an escrow at this point in time, it would likely be better for you to trade more in the marketplace, and build up a solid history of good feedback...
Cobalt9317
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June 04, 2018, 03:30:23 AM
 #12

There are members who are offering escrow services for lesser fee/ for free and are more *reputable*. Just sayin'. But good luck, maybe you should try to reduce the fee or something more unique  Wink.
The fee is fixed no matter how long I hold the coin they can use the free and more reputable escrow I have no problem with that.  Wink

I think I would use allia before I used this rando
Perhaps allia escrow service is more transparent than mine especially when he passed the exam on cyphersex101.  Smiley

OP, with many other escrow agents available, and with many of them having lower fees, and more reputation, why does your service exist?

I am aware that green trust accounts can be bought and sold, but then, I've seen low ranked accounts traded far more often.

Based on your trust, it looks like the most anyone has ever risked in a trade with you is .01 BTC.
Now I'm no whale, but for escrowed purchases, that number seems a tad on the small side...

Instead of trying to be an escrow at this point in time, it would likely be better for you to trade more in the marketplace, and build up a solid history of good feedback...
I don't use paypal and building trust is somewhat obsolete for being redundant before opening up an escrow service I do not need other coin than bitcoin so there could be no possible way I will trade some I will try to trade in LTC as I'm planning to HODL it I might try it but most of the time I used shapeshift.

thanks for the honest feedback and opinion.  Wink

EDIT: it will be 2% even if I hold the signature campaign payments which is reasonably fair I suppose and just like what I already said they can use other agents no problemo amigo.
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June 04, 2018, 07:36:56 AM
Merited by LoyceV (1)
 #13

I don't use paypal and building trust is somewhat obsolete for being redundant before opening up an escrow service

Trust isn't redundant  Roll Eyes. Trust is the one thing you should have massive amounts of before you open such a service. I was hoping you would just abandon this idea but I guess not. If you're not already incredibly trusted then you shouldn't be offering services to hold onto others money.

The fact that you regulary take out microloans is also a little concerning. If you don't have a job or the money to cover these things already then there's no telling what you would do if you received a substantial amount:

https://bitcointalk.org/index.php?topic=2126802.msg21243199#msg21243199

https://bitcointalk.org/index.php?topic=3652536.msg36697585#msg36697585

https://bitcointalk.org/index.php?topic=2356707.msg24018555#msg24018555

https://bitcointalk.org/index.php?topic=2713851.msg27756409#msg27756409

https://bitcointalk.org/index.php?topic=2347933.msg23919589#msg23919589

I know that no one will trust me, however I don't have a source of income for the past 2 months, I've joined in the Soferox Signature Campaign also Opporty Signature Campaign, I am still waiting for the launch of exchange of soferox and I will have access to my funds.

Bitcointalk Name: Cobalt9317
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=938170;sa=showPosts
Loan Request: 0.01BTC
Amount to Repaid 0.011BTC 10%interest
Date of Repayment: 1 week or after I have access funds to my soferox account.
Reason: Utility bills and financial support
Address: 1CobALTr8qG5cVGxzt3ExPTsfiu7jSQ5eh



pugman
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June 04, 2018, 10:51:41 AM
 #14

And there ends your service(assumption?) . I am also assuming you will go after hilariousetc for abusing his power.  Wink Oh, you can hire digaran for that. Perfect combo.
I think I would use allia before I used this rando
You get to see some nudity, what else do you need for an escrow.  Cheesy

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June 04, 2018, 12:28:45 PM
 #15

yeah, that's sick
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