It's Monday, and Bitcoin has been toying with $1000 for the last week. Last year at this time it was around $12. Wow.
Accordingly, the transaction fee for bond transfers will be 0.01
BTC for the next week.
And a repost of the guide again.
- Seller has a public Bitcoin address <Seller-Address>, Buyer has a public address (which may be new, if the buyer does not currently hold any LRM bonds) <Buyer-Address>.
- Buyer and Seller have agreed on the number of bonds, and a price for the transfer.
- Fee for the transaction is 0.01BTC.
- Both Buyer and Seller need to sign and send the below message to me, via PM, email, IRC, carrier pigeon, or some other method. I don't care how it gets to me, I just need the message.
- The message should be a single line of text. Multiple lines tend to be easier to mess up.
- Message should be:
<Number> bonds to be transferred from <Seller-Address> to <Buyer-Address> in exchange for <Price> BTC. <Price> BTC will be escrowed to 1EYVW3ZUu3R8fd3xtWi5jh4ceTXZ7Z1uht and <Price - 0.01> will be paid to <Sellers-Address>- BTC can be sent to escrow at 1EYVW3ZUu3R8fd3xtWi5jh4ceTXZ7Z1uht (my address) at any time in the process. If the transaction fails, I will return 100%.
- Once I have verified the signatures from both messages and received the payment, I will transfer the payment (less the fee) to the seller.
- Once the seller is paid, I will communicate the trade to Lab_Rat, the buyer and seller, and post it publicly here. This final trade notification will be signed with my GPG key.
Note that the above message is just a suggestion, which assumes payment of the fee by the seller. As long as it is unambiguous, and states the obligations of all involved, it really doesn't matter. There is also no requirement to escrow through me, as long as the payment method is clear in the signed messages. And it's best to not include the userid or contact info of either party in the message. It's not needed, and some people will object to being so identified.
grnbrg 
