Quote from: chinchs on May 06, 2015, 07:27:22 PM

There is any collateral you put on scrow? I got a quote from you, but I have my doubts... lets imagine this situation:

* I assume you have 1.000.000 ethereum
* I put 10 BTC to scrow, you put the proportional ETC

Now, what can happen at market opening:

* ETH goes x10, then you may choose to loose the ETC of the scrow since it will more profitable to sell the ETH instead of having the BTC
* ETH goes to 1 cent each... you may choose to deliver the ETH since the BTC worth more.

Seeing this, it is always a win situation for you, so I want to know if there are clauses to protect both sides and have win-win situation.

Unfortunately there is no way around this scenario. In the worst case you are guaranteed to have your BTC back, which means you would be in the same position you are in now anyway. Of course, we promise to honor every purchase no matter what. But short of our promise there is no way to guarantee anything.

The purpose of the escrow is to protect people who are worried that we will take their BTC and run away AND not give them any ether.

That being said, if your purchase is large enough -- we are willing to put down a portion of collateral as a security deposit that will be paid to you if we don't deliver the ETC within 24 hours of launch. PM us to discuss.