Bitcointalk Escrows - Trade Safely!

[GamerBless]

Hi. Still a newbie.

I am thinking of buying an Antminer S7 via this forum. From the many posts I've read, many has suggested using escrow. But, I was wondering how can I buy a miner safely without being scammed.

I have many queries which I hope you guys can answer:
1. how do I know what i'm paying is what I'm getting?
2. does the escrow look at the stuff I'm buying before it's being shipped?
3. how can I pay through escrow, as I don't have BTC?
4. how am I sure the trade is being followed through?

I hope there's someone who can give me guidance.

Thanks.

[bubblebit]

Hi. Still a newbie.

I am thinking of buying an Antminer S7 via this forum. From the many posts I've read, many has suggested using escrow. But, I was wondering how can I buy a miner safely without being scammed.

I have many queries which I hope you guys can answer:
1. how do I know what i'm paying is what I'm getting?
2. does the escrow look at the stuff I'm buying before it's being shipped?
3. how can I pay through escrow, as I don't have BTC?
4. how am I sure the trade is being followed through?

I hope there's someone who can give me guidance.

Thanks.

I think it is better to check this link https://bitcointalk.org/index.php?topic=855778.0
It may help you to choose what is the legit and trusted to escrow your deal..

[jaceefrost]

Hi. Still a newbie.

I am thinking of buying an Antminer S7 via this forum. From the many posts I've read, many has suggested using escrow. But, I was wondering how can I buy a miner safely without being scammed.

I have many queries which I hope you guys can answer:
1. how do I know what i'm paying is what I'm getting?
2. does the escrow look at the stuff I'm buying before it's being shipped?
3. how can I pay through escrow, as I don't have BTC?
4. how am I sure the trade is being followed through?

I hope there's someone who can give me guidance.

Thanks.

I think it is better to check this link https://bitcointalk.org/index.php?topic=855778.0
It may help you to choose what is the legit and trusted to escrow your deal..

You just linked him in OP here.

@GameBless to answer your question it will depends on the escrow on how he will handle the deal and on what payment will he accept. It usually is hard to make a physical good trade but you can find someone maybe who will be willing to help you out. To make things clear for you, the escrows responsibility is to make sure the transaction will be processed sucessfully  so you will get what you pay for, if not he don't release the money.

[GamerBless]

Hi. Still a newbie.

I am thinking of buying an Antminer S7 via this forum. From the many posts I've read, many has suggested using escrow. But, I was wondering how can I buy a miner safely without being scammed.

I have many queries which I hope you guys can answer:
1. how do I know what i'm paying is what I'm getting?
2. does the escrow look at the stuff I'm buying before it's being shipped?
3. how can I pay through escrow, as I don't have BTC?
4. how am I sure the trade is being followed through?

I hope there's someone who can give me guidance.

Thanks.

I think it is better to check this link https://bitcointalk.org/index.php?topic=855778.0
It may help you to choose what is the legit and trusted to escrow your deal..

You just linked him in OP here.

@GameBless to answer your question it will depends on the escrow on how he will handle the deal and on what payment will he accept. It usually is hard to make a physical good trade but you can find someone maybe who will be willing to help you out. To make things clear for you, the escrows responsibility is to make sure the transaction will be processed sucessfully  so you will get what you pay for, if not he don't release the money.

I have a general understanding of escrow service. it's just that most posts that I've read deals with trading of BTC and AltCoins, but couldn't find any case of successful product trades using escrow here.

If any escrow has assisted in successful product trades, I'd love to hear your thoughts so that I can buy a miner.

Btw, I have people PMed me with the product, but unclear on how to proceed with the purchase. He's post photos but I still have my doubts, even though i really want to off him. The seller is in the US while I'm half way around the world. If an escrow can clear my doubts and guarantees a successful trade, I can even engage him to be my escrow for this.

[Dabs]

Here is the usual escrow procedure for physical goods:

1. Buyer and seller both need to contact me and provide details of deal.
2. I will then send them a confirmation pm and both need to agree it.
3. Buyer need to make payment to me and include escrow fees (If he's paying escrow)
4. I will then send seller a payment confirmation pm. (or the seller checks the bitcoin escrow address using any block explorer website.)
5. Then Seller needs to provide item to buyer and pm me tracking/proof so I can check it and confirm delivery with buyer.
6. Upon buyers confirmation, I will release escrow.

The most important part is the shipping needs to have tracking and can be checked online. For your own protection, you may want insurance as well but that is on the seller.

[GamerBless]

Here is the usual escrow procedure for physical goods:

1. Buyer and seller both need to contact me and provide details of deal.
2. I will then send them a confirmation pm and both need to agree it.
3. Buyer need to make payment to me and include escrow fees (If he's paying escrow)
4. I will then send seller a payment confirmation pm. (or the seller checks the bitcoin escrow address using any block explorer website.)
5. Then Seller needs to provide item to buyer and pm me tracking/proof so I can check it and confirm delivery with buyer.
6. Upon buyers confirmation, I will release escrow.

The most important part is the shipping needs to have tracking and can be checked online. For your own protection, you may want insurance as well but that is on the seller.

Dabs, thanks for the info. Beside BTC, do you have other modes of payment?

Also, in the event the product shipped is not what is agreed on (I apologise for my ignorance) and I don't accept the delivery, what then? Like, it's a brick or something.

[OmegaStarScream]

Dabs, thanks for the info. Beside BTC, do you have other modes of payment?

Also, in the event the product shipped is not what is agreed on (I apologise for my ignorance) and I don't accept the delivery, what then? Like, it's a brick or something.

1.Using anything else as a payment method (like PayPal or anything that is reversible) will make using an escrow totally useless as someone could simply wait till he receive the goods and chargeback.
2. I will assume that you will need to provide a proof for that and probably ship the item back to the seller.

[Quickseller]

Here is the usual escrow procedure for physical goods:

1. Buyer and seller both need to contact me and provide details of deal.
2. I will then send them a confirmation pm and both need to agree it.
3. Buyer need to make payment to me and include escrow fees (If he's paying escrow)
4. I will then send seller a payment confirmation pm. (or the seller checks the bitcoin escrow address using any block explorer website.)
5. Then Seller needs to provide item to buyer and pm me tracking/proof so I can check it and confirm delivery with buyer.
6. Upon buyers confirmation, I will release escrow.

The most important part is the shipping needs to have tracking and can be checked online. For your own protection, you may want insurance as well but that is on the seller.

Dabs, thanks for the info. Beside BTC, do you have other modes of payment?

Also, in the event the product shipped is not what is agreed on (I apologise for my ignorance) and I don't accept the delivery, what then? Like, it's a brick or something.

What happens when/if delivery is refused should be spelled out in the escrow agreement (in other words you and your trading partner should agree on what happens in this scenario).

[vladlondon]

I am a domain name industry professional with 18 years experience. Offering free domain name multisig escrow via bitrated.com. See details at https://bitcointalk.org/index.php?topic=1710956.0

Please update the table in the initial post:

vladlondon

0%

Domain Name Escrow

Available

[ANN]

Thanks!

[AndreXavier]

Which member offer best escrow service, here on this forum?

[ultrloa]

Which member offer best escrow service, here on this forum?

Ognasty,SebastianJu and monbux are the best escrow existing here but i think they have minimum amount required to hold on so they will not wasting their time for an little deal, but if you want to find other trusted guys who offered that maybe you should try to contact SFR,minerjoe or maybe even lutpin can do escrow.

[Serge V.]

Which member offer best escrow service, here on this forum?

If you want a thing well done, do it yourself.

The truth is that the best escrow agent - is when there is no agent, and a user can use MultiSig.  

[OmegaStarScream]

Which member offer best escrow service, here on this forum?

There are plenty of trusted members (I'd recommend OgNasty , devthedev ....) around here and don't hear those who say that you shouldn't use an escrow because he could scam you . We understand that some of trusted escrows as Master-p betrayed our trust but that doesn't make the other members not trustworthy.

[ranochigo]

ranochigo

Free

Bitcoin only.

PGP/Bitcoin address

[ANN]

Code:

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	[td][url=https://bitcointalk.org/index.php?action=profile;u=334898]ranochigo[/url][/td]
	[td]Free[/td]
	[td]Bitcoin only.[/td]
	[td]PGP/Bitcoin address[/td]
	[td][url=https://bitcointalk.org/index.php?topic=1306343.0][ANN][/url][/td]
[/tr][/table]

[bitbunnny]

Which member offer best escrow service, here on this forum?

There are plenty of trusted members (I'd recommend OgNasty , devthedev ....) around here and don't hear those who say that you shouldn't use an escrow because he could scam you . We understand that some of trusted escrows as Master-p betrayed our trust but that doesn't make the other members not trustworthy.

The risk of scam always exists. But if you don't use escrow the risk is even bigger. And just because here on forum are some members who are not trustworthy we can't say that some service is scam too. It's always good to do some research before you choose someone, be careful and everything will be fine.

[marcotheminer]

Just a reminder, hilarious is allowed to update this thread.

[Dudeperfect]

Hi, I would like to share the details of my brand new escrow service.

Dudeperfect

FEE

0%
   

FOR WHAT?

Micro Trades < 0.05BTC
   

PGP?

Available
   

[ANN]

I am offering 0.0003BTC each to buyer and seller in first 5 trades. Please have a look on my Ann thread for more details.

[layoutph]

I am a freelancer, your escrow service looks good. Would consider your service for a bitcointalk.org client soon.

Hi, I would like to share the details of my brand new escrow service.

Dudeperfect

FEE

0%
   

FOR WHAT?

Micro Trades < 0.05BTC
   

PGP?

Available
   

[ANN]

I am offering 0.0003BTC each to buyer and seller in first 5 trades. Please have a look on my Ann thread for more details.

[Dudeperfect]

I am a freelancer, your escrow service looks good. Would consider your service for a bitcointalk.org client soon.

Hi, I would like to share the details of my brand new escrow service.

Dudeperfect

FEE

0%
   

FOR WHAT?

Micro Trades < 0.05BTC
   

PGP?

Available
   

[ANN]

I am offering 0.0003BTC each to buyer and seller in first 5 trades. Please have a look on my Ann thread for more details.

Thank you for the reply, This is my little contribution to the community. I am trying my best to give a helping hand to ensure safety in the deals.

P.S - I have taken down the reward for using my service. Let's keep it natural and simple.

[xtyling]

Hi, any escrow service for free available ?