Serge V.


Hm. So the seller risk 1x and buyer 2x while the seller has the goods. Though the seller only sends the goods after the escrow address was funded. Additionally, who has to send first to the escrow address?

When the buyer has to send first 2x then the seller is in favor risking nothing. If the seller sends 1x first then he would be in risk of losing 1x. So a scam can happen by both sides. And using a new account will ensure that a scam accusation thread is useless.

Even when both sent. Then the seller risked only 1x and the buyer 2x. At this point the buyer is more at risk. The seller can extort for more than his 1x.

Well, when I feel into the situation then this surely is nothing you can use for every trade. One always had to keep the value of the other account in mind. Even when it is higher than the possible loss, he might have done it to multiple persons at the same time and thus his account was paid maybe multiple times with the scam already.

So far you would be astonished about the amount of escrow requests that are stopped because an escrow is involved or even the mentioning stops many deals. Obvious scams. So when I see all the traders that request me then there is a high amount of very likely scammers. Imagining having to put my trust in them is something I would not do honestly. I would either risk 2x as the buyer or 1x as the seller. Honestly, when I see the percentage of scam attempts then I would not feel safe to use this scheme. I would rather trust a third party. Well, if I would want more safety then I might chose a 2 of 3 multisig escrow. So the escrow could release the coins. I see the chance to get an established escrow who only now started to scam way lower than the percentage of scam attempts Iam confronted with as escrow.