Bitcoin Forum
November 01, 2024, 12:00:42 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: When is a reasonable time to start an escrow service?  (Read 1016 times)
KaChingCoinDev (OP)
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
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
Hero Member
*****
Offline Offline

Activity: 742
Merit: 502


Circa 2010


View Profile
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
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
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
Hero Member
*****
Offline Offline

Activity: 751
Merit: 500


View Profile
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)
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
July 16, 2014, 12:45:29 AM
 #5

Hello!

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

Thanks!
Blazed
Casascius Addict
Legendary
*
Offline Offline

Activity: 2128
Merit: 1119



View Profile WWW
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
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


View Profile
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
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
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
Legendary
*
Offline Offline

Activity: 1120
Merit: 1038


View Profile
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
Legendary
*
Offline Offline

Activity: 1302
Merit: 1007


View Profile
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.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!