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3rd party escrow
Posted: Sun Jun 18, 2017 10:50 pm
by mrgoldy
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
Re: 3rd party escrow
Posted: Mon Jun 19, 2017 3:57 am
by tmopar
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.
Re: 3rd party escrow
Posted: Mon Jun 19, 2017 4:09 am
by GregoryGHarding
ebay, paypal, aliexpress, they all operate on escrow, and favor the buyer over the seller for disputes.
Re: 3rd party escrow
Posted: Mon Jun 19, 2017 6:29 am
by FRISKIE
eBay a lot less so since the split with PayPal
Re: 3rd party escrow
Posted: Mon Jun 19, 2017 6:31 am
by FRISKIE
There has to be some trust on behalf of the buyer for the seller
cue Ethereum smart contracts
Re: 3rd party escrow
Posted: Mon Jun 19, 2017 7:29 am
by mrgoldy
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.
Re: 3rd party escrow
Posted: Mon Jun 19, 2017 12:18 pm
by FRISKIE
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.
Re: 3rd party escrow
Posted: Mon Jun 19, 2017 12:24 pm
by GregoryGHarding
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
Re: 3rd party escrow
Posted: Tue Jun 20, 2017 4:36 pm
by FRISKIE
Yeah, try logging a complaint from Czech Republic