Re: Is it possible to profit on Bitcoin escrow services?

It's hard to build trust in here because there's many scammer, you have to compete with escrow who have better reputation.
Also, i see few escrow who offer their services for free. Usually it's only to build their trust though.

So, i think it's still profitable, but you must build trust and promote your services. If you're looking for profit, you better do something else.

I think you misunderstood my meaning. I was talking about trading on a dedicated escrow market (as opposed to a regular exchange like Bitstamp, or CEX.io), not becoming an escrow myself.

I have read the article and also a little bit about waterhole but I don't see how it is different from localbitcoins. maybe they have more steps for verifying users on the site (which many may even find intrusive) also a better interface to find local sellers on your phone but I don't really see how it is different also don't understand the part about escrow.

Well, Localbitcoins is an old service with a huge audience, while Waterhole is at an early stage, growing fast. This early stage instability, coupled with the element of chaos coming from the physical contact, could lead to higher potential for profit. At least, that was my assumption. Sadly, from the responses I got so far I see that I may have been wrong. Let's wait for other's opinions.