3rd party escrow

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mrgoldy
Posts: 55
Joined: Thu Jun 01, 2017 10:18 pm

3rd party escrow

Post by mrgoldy » Sun Jun 18, 2017 10:50 pm

Has anyone ever bought off of forums?

I'm talking with someone from bitcointalk about buying an asic.
I've read that 3rd party escrows are the safest way to make the purchase.

Anyone ever use one? suggestions on a lesser fee service?
it will be a $40 asic + shipping, so I'm hoping escrow fees are minimal
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tmopar
Posts: 60
Joined: Sun Apr 16, 2017 1:50 pm

Re: 3rd party escrow

Post by tmopar » Mon Jun 19, 2017 3:57 am

You basically have one called ebay that does exactly that or at least functions that way. You could offer to send half the coin up front and half on the delivery but he might shy away from that too. There has to be some trust on behalf of the buyer for the seller.
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GregoryGHarding
Posts: 646
Joined: Sun Apr 16, 2017 3:01 pm

Re: 3rd party escrow

Post by GregoryGHarding » Mon Jun 19, 2017 4:09 am

ebay, paypal, aliexpress, they all operate on escrow, and favor the buyer over the seller for disputes.
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FRISKIE
Posts: 117
Joined: Sun Apr 16, 2017 12:51 pm

Re: 3rd party escrow

Post by FRISKIE » Mon Jun 19, 2017 6:29 am

eBay a lot less so since the split with PayPal
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FRISKIE
Posts: 117
Joined: Sun Apr 16, 2017 12:51 pm

Re: 3rd party escrow

Post by FRISKIE » Mon Jun 19, 2017 6:31 am

There has to be some trust on behalf of the buyer for the seller
cue Ethereum smart contracts :)
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mrgoldy
Posts: 55
Joined: Thu Jun 01, 2017 10:18 pm

Re: 3rd party escrow

Post by mrgoldy » Mon Jun 19, 2017 7:29 am

GregoryGHarding wrote:ebay, paypal, aliexpress, they all operate on escrow, and favor the buyer over the seller for disputes.
I guess I didn't think paypal offers this outside of ebay.
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FRISKIE
Posts: 117
Joined: Sun Apr 16, 2017 12:51 pm

Re: 3rd party escrow

Post by FRISKIE » Mon Jun 19, 2017 12:18 pm

I guess I didn't think paypal offers this outside of ebay.
Not sure I would describe PayPal's "dispute resolution" handling as escrow either.
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GregoryGHarding
Posts: 646
Joined: Sun Apr 16, 2017 3:01 pm

Re: 3rd party escrow

Post by GregoryGHarding » Mon Jun 19, 2017 12:24 pm

FRISKIE wrote:
I guess I didn't think paypal offers this outside of ebay.
Not sure I would describe PayPal's "dispute resolution" handling as escrow either.
they are pretty aggressive when it comes to fraud in canada, not sure about elsewhere
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FRISKIE
Posts: 117
Joined: Sun Apr 16, 2017 12:51 pm

Re: 3rd party escrow

Post by FRISKIE » Tue Jun 20, 2017 4:36 pm

Yeah, try logging a complaint from Czech Republic :)
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