Thanks a lot for tips and sharing your thoughts
will go ahead and start figuring out how to use escrow thing - appears to be a safe way to complete sales/buys
I got a few laptops that I want to sell, but was thinking to sell them for bitcoins,(as it was suggested in section for newbies), so I could get some starting capital for trading.
Here is a simple explanation of escrow:
1. A Buyer and a seller agrees to terms. i.e. seller wants to buy a laptop from buyer
2. Buyer then put the money to an escrow
3. Seller then transfer all information to the Buyer
4. Buyer checks everything and approves
5. Buyer notify the Escrow that everything is perfect. Instruct the escrow to pay the Seller
6. Escrow now pay the Seller
And this is the board for selling your goods, Bitcoin Forum > Economy > Marketplace > Goods ->>
https://bitcointalk.org/index.php?board=51.0Just remember to not back up if someone has already bid to your items and honor everything. You will lost trust in that way and others may shy away from your items. Goodluck to you mate.