Bitcoin Forum

as mentioned above, if it is surely its a recipe for disaster with scammers and such :/

Why? It makes it more costly to buy an account with positive trust. This makes the amount needed to ROI on the scam higher. Which makes the scam more difficult as people tend to be more carefull the higher the amount traded is. If the account is not bought, it would be considered a long con, which takes time and energy only a few scammers can seem to invest.

If you were selling for example two senior member accounts with a similar history of posting quality, where one has positive trust & one has no trust then in response to your question - Yes the account with the positive trust is of higher value & will be worth more.

Considering people have been trading account for ages, it's not a big problem. Any experienced trader knows that escrow is almost always mandatory.
But yes, an account with positive trust is more valuable.

how much does it push it up by, relatively speaking 

Positive trust add value to the account but if someone bought an account with a positive trust then that is not intended for the buyer.
Buyer is buying an image not an account.
Build your own trust is much better than buying ones with positive trust.

Yes. The value is high but I've seen many who sell their accounts with +ve ratings for a low value as they are in a hurry to sell their account. This makes their account easier to scam with and there have been cases when it has happened. People are ready to risk a higher amount to accounts with green trust and especially newbies who get easily scammed by these accounts. They just succeed in one trade where they recover more than the value they paid for the account and then disappear.

I think it was yesterday when some one is selling an account with green trust
too bad the seller posted a screenshot of the profile
now its has a neutral trust feedback that its a sold account

does the admins dont have any problem with this account trades ?

its fine with them as far as i know.
regulating account trades will be more of a problem as sellers will find other ways to sell it whenever they get caught

No admins has problem with only Spam posts not trades or any thing in Currency Exchange many traders with thousand of trades

People have been openly trading accounts for a long time. See https://bitcointalk.org/index.php?board=93.0

One of the main reasons is to attempt ROI on a signature campaign. People buy accounts, enroll in a signature campaign and post to get their money back.

And who are those people who left the member a neutral rating? If they are DT members who themselves participate in account trading, it's just so mean. When the seller is being open about selling his account, why others should have an issue?

Well it makes sense, you can sell an account but you just cannot and you shouldn't sell the trust rating since it is yours, you have earned it, and not the buyer who is buying an account. This actually puts in a disadvantage all the other users that could possibly deal in the future with this buyer of this account with positive rating.

Of course, in the real world buyer and seller don't care about this, they are just trying to earn more money.

Your account value is definitely pushed up then if you will want to sell it as people will think that it will be much more trusted than the ones who are with default trust rating

this is actually a problem, because there are many that are doing exactly this trick to increase value and sell a lower rank account for a better price, and it seems fairly easy doing so with some members, via escrow

basically here the strategy

1 user makes two account, then call an escrower and tell him that he want to escrow with his other account; obviously the escrower does not know anything, then the escrow leave the good feedback to both or to one only, and done, in any case the user is feeding himself with illegitimate trust

many of the people on DT are aware of this issue though, and the escrow services don't often leave feedback for low level accounts. but, it's true that trust farming is a thing, and hopefully it'll be addressed properly in the future.

If you ask me then its NO.
I don't care if you have a Dozen of Trust but do care If you have a single legitimate Trust from Default List.
You should always try to stop the tradings of accounts that involve green trust as if it goes in wrong hands can lead to some sort of scams.
else there is no point of trust all remedy lies in Escrow , use Escrow for all small to big stuffs and stay safe.

You might not value the account but it does add more value if you check the digital goods section. People will obviously pay a little bit more for trust, sometimes for good or bad reasons. As shorena said above you probably wont be able to scam for much if anything at all so it's probably not worth buying an account to scam but some feedback might make people trust you more for sure.

I dont think it matters if the above mentioned uses are preferred .

positive trust can never hurt in my opinion. however, I prefer bitrated/more sources as trust indicators.

It has been much Time here for me and i do have seen Accounts with trust being sold at little higher than their counterparts with no Trust but I do have seen People From Default List Rolling Back their Feedback once they got to know that its not the same person whom we sent the Feedback.

It's a common misconception that positive trust equates to selling goods easily. The trust system in Bitcointalk is not great and does not provide a fair reference for people to judge their trust. I would like to highlight that an escrow could easily solve the trust problem and most escrow services are free of charge. If you do buy an account, sudden abnormal changes, ie. Address change or posting style change may earn you a negative trust instead.

Is the trading and selling of accounts legal on this forum? I see postings for the sale of accounts all over the forums and it makes no sense that this would be allowed. It seemingly undermines the entire system of trust and reputation that has been built in  ???

yes it is, otherwise people would not openly sell accounts here, but outside the forum and secretly

and of course positive trust accounts cost more, because is harder to make one and there are few of them around

If my account has positive trust is it value pushed up?
YES. You can clearly see in the digital goods section that it's now part of the title unlike before when someone Is selling an account title is just WTS Senior account, nowadays WTS Senior account with Green Trust

Yes, but at the end is almost the same, you can earn 0.10 more than a normal account, not more (if you're lucky because it is hard to sell an account, especially if this is a Legendary or Hero Member account).

I just cant imagine selling my account.  The hero/legendary someone put a lot of time into.   Even if I ever took a break from forum I would keep it.

I wish it told us how many hero and above have been sold. But I know it is not known.  Also wish it would tell if more after that hack on forums a while back.   I still wonder how many old accounts it brought back to forum through "bad" ways.

I think in perfect world no account would be sold.   But we do not live in perfect world.

Yes, there is a great increase of the value. For a sr.member account (which cost around 0.20) you can sold it at a double price ! But it isn't easy to sell an account, market account has low liquidity.

If the account has lots of trusted sources, it be used to launch their own website or future btc ventures.

Then theres the other evil route where someone would just buy it for scam purposes for a 1 time big hit. You`ll be suprised though that most people arent selling their accounts to reduce the scamming here on the forum.

it is not a good idea to sell the account with positive trust because it might get abused

I think most people in the right mind wouldnt sell the account only because it took so long to increase their rep, even if they sold that account for a premium. only cause it would make the community like crap or bite them back later down the road.

if you follow the digital market section, you'd see a lot of people literally don't care about anything. there are so many account sales, even hero accs with trust...

The positive trust has to be valid. Eg. the other party must have risked something. People would not care if you have deal with little amounts. Still, sudden change of password, posting style and address could expose the entire scheme. Most people aren't interested in building account with positive trust is due to the fact that many would buy and account to participate in signature campaigns, not to scam.

yeah. this is actually a pretty bad thing . because an scammer can easily buy an account with positive trust and scam people with it.
I think he would get caught fast and the trust turns negative fast but still he might take some victims this way.

Value of account with positive trust will surely increase but selling an account with positive trust has a small market since one of reason why there's a need for a higher rank account is for signature campaigns. We all know that positive trust is not a requirement to join those camps. Your market here are mostly those who will engage in selling items here or trading currencies.

1st thing came into my mind why do you even want to sale your green trust account ?

you earned the trust you are a trusted person and you earned the trust then there is no point selling it to someone else how did not earned tha trust ? i will not sale my account does not matter if it have green trust or not

Of course
but when people notice account has been sold, it will be negative trusted

It is true that accounts with positive trust are more valuable and it it true that scammers will buy these accounts in attempt to scam people. I think that the people who got their accounts to their high level of trust are unlikely to sell their accounts since they are indeed trustworthy people and are aware of the scammers who will but their accounts. There is nothing that can really be done to prevent the selling of accounts which is why as far as I know is why it is tolerated.

only if people believe there is reason to not trust the new owner of the account; a majority of the time purchased accounts are used for sig campaigns anyways.

I think the admins should maintain a thread that tracks account ownership. There is no need to know who the new owner is but it would definitely be good for the seller to let people know he is no longer in control of the account, especially if it is an old account.

that's a lot of work to put on two people, and letting people know the account is sold could potentially lead to a red trust rating, which would significantly lower the value of the sold account.

Ok maybe a community maintained thread then. There is no reason for the account to receive negative trust, as a matter of fact it would be a blatant abuse of power if someone would do it just because the account has changed hands. Trading of accounts is not against forum rules. It would be the decent thing to do for the seller anyway, especially if he is trusted by a lot of people. I'm sure you wouldn't want somebody to use your name to scam people who've come to respect you on here.

The only thing wrong with that is that the sellers know that the price of the account will be higher if they don't mention that the account was sold. This means that there'll be a higher motivation to continue dealing accounts in private than telling everyone that you're selling it.

at the same time, if the seller/escrow are trusted, it would be a violation of said trust to let the world  know x account was bought. of course, there's no rule about this when account trading, but its tacitly known enough to assume that people (the buyers) dont want that kind of information known when accounts trade hands.

^
No violation of trust if the buyer is made aware prior to him making the purchase.


Do not misunderstand me, I find absolutely nothing wrong with people trying to get the best price for their accounts. I guess my initial comment was more a reflex than anything else  :D
In any case, let it be known here and now that I will never sell my account in this manner, regardless of the amount of BTC offered  :)

thats if and only if the buyer is fine with that information becoming public knowledge, but yeah, i get what youre saying. however, i would expect most buyers wouldnt be fine with that.

the value is definitely pushed up in my opinion as people usually sell it for much bigger cost than usual accounts in this forum

But as more and more people doing that the value of the account decreases, its just supply & demand.

If it continues, then it will push down sig campaign rewards aswell ,not only account value.

Exactly, which is why I probably won't buy another account or sell this one. Over time account values and sig campaigns earning will depreciate in value over time.

Actually its better to sell it fast, because later on it will be valued less.

Its like with keynesian economics, how they make this consumerism economy work, they inflate the money out of your hands, so that you will be forced to shop all day so that you can buy things before the money in your hands evaporate in value.