Silk Road forums

Discussion => Silk Road discussion => Topic started by: tizzat on September 23, 2012, 07:45 pm

Title: BTC to CASH exchange closed till furthur notice.
Post by: tizzat on September 23, 2012, 07:45 pm
I was offering vendors a cash out of there BTC to Cash via mail, at a 2% rate minimum $1000 which i thought would be an excellent service for vendors.

But SR has asked me to stop this activity, for not using the escrow system. staying within escrow i would not be offer these rates, Id probably have to raise the rates to 10% on top of the 20% escrow fee so a 30% exchange.
would anyone still be interested in this?
I mean i don't see why SR needs to get the escrow fee on the BTC exchange too as they have already got there escrow fee from the original purchase?


SR Support    Since you're receiving BTC, they need to go through escrow. Use quantity to cover different amounts, 1, 5, or 10 dollars per. (ie quantity 7 would purchase 7, 35, or 70 usd depending on what you chose)

~Vendor Support    1 hour
Title: Re: BTC to CASH exchange closed till furthur notice.
Post by: johnmtl on September 24, 2012, 03:17 am
LMAO... this is some funny shit.. 2%..

might as well put your money in a bond!

Title: Re: BTC to CASH exchange closed till furthur notice.
Post by: wizdom on September 24, 2012, 03:39 am

I was offering vendors a cash out of there BTC to Cash via mail...
But SR has asked me to stop this activity, for not using the escrow system.


You come into my house and start doing business with my customers without paying my vig, I'd slap you too! LOL

Hey, I'm a vendor and I love cash, but I wouldn't have those bitcoins if it weren't for SR. :P

This ain't NPR, it's not a suggested donation. Everybody's gotta pay.

Modzi
Title: Re: BTC to CASH exchange closed till furthur notice.
Post by: johnmtl on September 24, 2012, 03:53 am

I was offering vendors a cash out of there BTC to Cash via mail...
But SR has asked me to stop this activity, for not using the escrow system.


You come into my house and start doing business with my customers without paying my vig, I'd slap you too! LOL

Hey, I'm a vendor and I love cash, but I wouldn't have those bitcoins if it weren't for SR. :P

This ain't NPR, it's not a suggested donation. Everybody's gotta pay.

Modzi

Dammmm right! Everyone's gotta pay.. And I'm sure the majority have no problem paying!