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Author Topic: When is a reasonable time to start an escrow service?  (Read 997 times)
KaChingCoinDev (OP)
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July 15, 2014, 01:58:45 PM
 #1

Hello,

I am looking to start an escrow service. I do not want to start too early though. When is a reasonable time? 150 Activity? 300? 10 trust? 500 posts?

Thanks!
Light
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July 15, 2014, 02:08:35 PM
 #2

It's not so much about the activity as trust (although obviously most people won't trust a newbie - even with some trust). Posting has no relevance to the trustworthiness of an escrow, it only indicates that an escrow is active and hence able to communicate with clients regularly, which reassures people. You really need a high level of trust and good communication if you wish to be an escrow, and preferably sign your official escrow messages with either a Bitcoin address or a PGP key (which you have posted previously to say it is in fact you). This will help deal with the possible scenario your account gets hacked while you are undertaking escrow.
BitcoinTraders
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July 15, 2014, 11:46:28 PM
 #3

It's not depend on your activity!
It's depend from your trust and how people trust you!
loljosh
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July 16, 2014, 12:28:10 AM
 #4

You need to build some more trust. There are many people offering Escrow service but only few are legit.

Any fool can write code that a computer can understand. Good programmers write code that humans can understand.
KaChingCoinDev (OP)
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July 16, 2014, 12:45:29 AM
 #5

Hello!

Thanks for your replies! I will work on building more trust!

Thanks!
Blazed
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July 16, 2014, 01:44:02 AM
 #6

Trust does go a long way!  I suppose the hard part is getting those 3 or 4 escrows lined up and done...then it gets easier I would assume.
Malin Keshar
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July 16, 2014, 02:13:07 AM
 #7

Get some trust from default list, then make your account be worth more than you could gain by running away with the values, that is, get hero status.
zhinkk
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July 16, 2014, 02:38:01 AM
 #8

How would you start though? Like me, I have no previous trades. And I'm just a full member. I have chance of starting an escrow service right? I think I would need SOME trust first, maybe like 10, and at least a Sr. member before I even attempt.
jambola2
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July 16, 2014, 06:34:39 AM
 #9

You don't gain trust to become an escrow.
You become an escrow because you have gained trust.

No longer active on bitcointalk, however, you can still reach me via PMs if needed.
btcton
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July 16, 2014, 06:48:10 AM
 #10

Build up your trist. Start trading with others in small amounts and show high quality posts and dedication.

The signature campaign posters adding useless redundant fluff to their posts to reach their minimum word count are lowering my IQ.
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