Quote from: xcrowd on August 20, 2013, 02:35:05 AM

Quote from: SoggyLettuce on August 20, 2013, 02:20:55 AM

So I guess that wall of dox kind of overshadowed my question so:

Also another thing I was thinking about...Is the price with bitcoin in escrow going to change at the end due to price fluctuation? Like what if btc rises to $200. Will we then release only a portion of the coins to you or what?

The escrow deposits sent will be kept at the same value regardless if it's in BTC or Fiat. However you would be able to send over less coins if you only deposited 30%.

For example - you send over $329 in escrow deposits (30%) at the current BTC exchange rates that would amount to 2.65 BTC.

If the BTC price rises to $200 per BTC when we request the full deposit just before dispatch then you would only have to send over another 3.35 BTC to cover the current total price of 8.2 BTC. Hope that makes sense.

What if the BTC price falls to $10 we would need to pay a lot more 67 BTC . You should not cap your price based on BTC, it should always be based on the US$, BTC fluctuates to much for comfort.

Very Risky because Prices of BTC up and down anytime.

If you accept and pays in fiat many of us would be more interested.

Not only we have to pay the 10% extra for the deposit payment option but also the escrow fees of 1%. Why would you need to add in the 10% and why not you pay the 1% or so escrow fees.

When we cancel are we liable to pay the 1% Fee or not needed?

megvon

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