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Economy => Service Discussion => Topic started by: Arrakeen on August 25, 2016, 12:05:31 AM



Title: Why is offering escrow bad?
Post by: Arrakeen on August 25, 2016, 12:05:31 AM
I've been offering free escrow in altcoin threads, so that I could build up a trustworthy reputation.

Just today I figured I'd look at my trust scores, since I have provided such service for one trade (two parties, ESP for BTC).

Noticed a bunch of negative feedback regarding my offering of escrow.  Why is this?  These people whom left negative scores haven't even dealt with me - just tarnishing a reputation that hasn't been built yet.


I was curious as to how account buying and selling works, which also caused a bunch of people to leave negative feedback - I could prove this is my account, and was simply curious how this works.  I couldn't sell this if I wanted to, as it is tied to my accounts on other sites (email & contacts etc.):
https://bitcointalk.org/index.php?topic=1498331.msg15085071#msg15085071

Immediately people jumped on the post, all sorts of accusations:

https://bitcointalk.org/index.php?action=trust;u=543426

Bottom line:  why is everyone so hostile?  I understand this is a dangerous game people play, but I was legitimately providing escrow & would do so again.  I could have ran with the money I held for those two traders - but wanted to build a reputation.  Now what??  I'm just...screwed?  Is this why people buy and sell accounts?

Sorry for the ignorance, but I just don't understand the mindset...


Title: Re: Why is offering escrow bad?
Post by: Lexiatel on August 26, 2016, 03:10:52 PM
Let's give you a little lesson on life and how people work:

Most people are sheep, but they quickly turn into a wolf pack too (herd mentality). One person can say something, and the rest will blindly follow (the sheep), and then the attacks happen as a wolf pack, especially if the person who started the crap up has any sort of fans/followers/friends.

The attack on you may have happened for many reasons: 1) there's been scams going on, and people are overly weary, for valid reasoning 2) that person who started the shit was an escrow themself and felt you were stepping over their line 3) that person's just a troll

There could be more reasons, but those are usually the top ones when you get attacked by a hoard of people. I bid you good luck, and welcome to the new age where people are assholes and can get away with it without any repercussions.


Title: Re: Why is offering escrow bad?
Post by: unholycactus on August 26, 2016, 03:37:10 PM
I can sell you this account, make ME an offer :P

That's what people went crazy over. It shows a lack of integrity.
Not really the fact the you're offering free escrow without any history, although that's also suspicious.

I understand that starting a reputation on this forum without getting attacked is hard.


Title: Re: Why is offering escrow bad?
Post by: OmegaStarScream on August 26, 2016, 04:00:27 PM
I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

and backing yourself with "I could scam those two traders" doesn't mean anything , as Master-P was one of the most trusted escrows out there and made a lot of transactions here and he finally stole thousands of dollars and ran away. (He simply wanted to go big , even If could start scamming earlier) (don't get me wrong , I'm not accusing you of anything)


Title: Re: Why is offering escrow bad?
Post by: densuj on August 26, 2016, 04:04:04 PM
I've been offering free escrow in altcoin threads, so that I could build up a trustworthy reputation.

Just today I figured I'd look at my trust scores, since I have provided such service for one trade (two parties, ESP for BTC).

Noticed a bunch of negative feedback regarding my offering of escrow.  Why is this?  These people whom left negative scores haven't even dealt with me - just tarnishing a reputation that hasn't been built yet.


I was curious as to how account buying and selling works, which also caused a bunch of people to leave negative feedback - I could prove this is my account, and was simply curious how this works.  I couldn't sell this if I wanted to, as it is tied to my accounts on other sites (email & contacts etc.):
https://bitcointalk.org/index.php?topic=1498331.msg15085071#msg15085071

Immediately people jumped on the post, all sorts of accusations:

https://bitcointalk.org/index.php?action=trust;u=543426

Bottom line:  why is everyone so hostile?  I understand this is a dangerous game people play, but I was legitimately providing escrow & would do so again.  I could have ran with the money I held for those two traders - but wanted to build a reputation.  Now what??  I'm just...screwed?  Is this why people buy and sell accounts?

Sorry for the ignorance, but I just don't understand the mindset...
I appreciate about your free escrow service, should you understand build reputation is very difficult at here ( need time,proove) because of scamers. You must be patient if you still wanna make free escrow service again. And should you never sell your account who be used for free escrow service.


Title: Re: Why is offering escrow bad?
Post by: satmas on August 26, 2016, 04:43:28 PM
If you are offering escrow, you are suppose to have some sort of trading history either on this forum or somewhere else. If you have any scam accusations, you should resolve those as well. Edit: The negative trusts certainly won't stop you from trading though.


Title: Re: Why is offering escrow bad?
Post by: Hazir on August 26, 2016, 08:46:01 PM
If you are offering escrow, you are suppose to have some sort of trading history either on this forum or somewhere else. If you have any scam accusations, you should resolve those as well. Edit: The negative trusts certainly won't stop you from trading though.
I think negative feedback from Default Trust users can be quite problematic and in fact will stop anyone from trying to be an escrow. That's how things are rolling here.
We have seen so many escrow scams over the course of years, that it is hard to believe that anyone who want to be a escrow will be honest and veracious person.

This is a reason that some people react with hostility and will bombard every attempt of becoming an escrow by a "new blood".



Title: Re: Why is offering escrow bad?
Post by: Arrakeen on August 26, 2016, 10:34:42 PM
I appreciate all the replies & kind words.  


In reference to this post:
I can sell you this account, make ME an offer :P

That's what people went crazy over. It shows a lack of integrity.
Not really the fact the you're offering free escrow without any history, although that's also suspicious.

I understand that starting a reputation on this forum without getting attacked is hard.

Honestly, I asked that question soley to see what someone would pay for my account - mere curiosity.  I could never rid myself of this account as it is tied to various other sites, and I stay in frequent communication with friends & users from various projects.  Why wouldn't someone want to know how valuable they are?  ;)  

I've also attested to the fact that I'm an admin at a popular altcoin exchange, so if I actually did go through with that...people would find out quick  :)

I can sell you this account, make ME an offer :P

That's what people went crazy over. It shows a lack of integrity.
Not really the fact the you're offering free escrow without any history, although that's also suspicious.

I understand that starting a reputation on this forum without getting attacked is hard.

This is the problem - how does one build a reputation legitimately, considering the large number of high-ranked/'trusted' users doing the same?  Many of those accounts are just bought, and used to scam people duped into using their escrow.  That only leaves a handful of truly trusted service providers, essentially creating a 'monopoly' if you will.  

Any ideas on how to begin providing such an escrow service, in a world lacking trust?

If you are offering escrow, you are suppose to have some sort of trading history either on this forum or somewhere else. If you have any scam accusations, you should resolve those as well. Edit: The negative trusts certainly won't stop you from trading though.

I do have a history as an admin at a crypto exchange, that is still running.  I've recently been demoted to chat admin - but that's merely because of my inactivity (real life, ya know?).  The hundreds of users there could vouch for me, LOL


Title: Re: Why is offering escrow bad?
Post by: Arrakeen on August 26, 2016, 10:41:58 PM
I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

and backing yourself with "I could scam those two traders" doesn't mean anything , as Master-P was one of the most trusted escrows out there and made a lot of transactions here and he finally stole thousands of dollars and ran away. (He simply wanted to go big , even If could start scamming earlier) (don't get me wrong , I'm not accusing you of anything)

No offense taken, and I understand I shouldn't have worded it that way (but I think you understand what I meant).  If you look through the ESP thread, you'll see I was simply providing escrow to support that community, which I stated.  People were getting scammed through trades, and I stepped up to help out. Sorry for any miscommunication, and I'll watch what I say more closely ;)

Thanks again for your time.


Title: Re: Why is offering escrow bad?
Post by: ultrloa on August 26, 2016, 11:03:22 PM
I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

and backing yourself with "I could scam those two traders" doesn't mean anything , as Master-P was one of the most trusted escrows out there and made a lot of transactions here and he finally stole thousands of dollars and ran away. (He simply wanted to go big , even If could start scamming earlier) (don't get me wrong , I'm not accusing you of anything)

No offense taken, and I understand I shouldn't have worded it that way (but I think you understand what I meant).  If you look through the ESP thread, you'll see I was simply providing escrow to support that community, which I stated.  People were getting scammed through trades, and I stepped up to help out. Sorry for any miscommunication, and I'll watch what I say more closely ;)

Thanks again for your time.

Your intention is good but you cannot really blamed DT people or People Who knows about Master-P scammings spree done here to got their doubts for new escrow coming out nowadays because Master-P stained the reputation of new coming escrows, maybe some People Warn's to use unknown escrow so they can avoid to get scam by those Fraud escrow person's, maybe you should need to build first your trust score by doing good in this community so maybe by that you can become a trusted escrow in this coming future.


Title: Re: Why is offering escrow bad?
Post by: Arrakeen on August 27, 2016, 12:21:51 AM
maybe you should need to build first your trust score by doing good in this community so maybe by that you can become a trusted escrow in this coming future.

Sure, but how can I do this?

With my luck, I'd attempt to do good and get scammed myself  ::)

Just noticed a new trust score!

Quote
Tanglemymind -2: -1 / +0   2016-08-26   0.00000000      Likes to swear and I dont like reading his words

Seriously...

...are these actually applied to my overall rating? 


Title: Re: Why is offering escrow bad?
Post by: bitcoin revo on August 27, 2016, 01:12:49 AM
Just noticed a new trust score!

Quote
Tanglemymind -2: -1 / +0   2016-08-26   0.00000000      Likes to swear and I dont like reading his words

Seriously...

...are these actually applied to my overall rating? 

No. Don't worry about them. The people who left you those ratings aren't on DT depth 1 or 2 so the majority of people (if not everyone) won't see any impact on your immediate trust score (the one under your profile picture). Most outstanding members of the forum have some kind of negative rating from other people here and there anyways, but no one pays them any mind.


Title: Re: Why is offering escrow bad?
Post by: shinratensei_ on August 27, 2016, 08:04:44 AM
I can sell you this account, make ME an offer :P

That's what people went crazy over. It shows a lack of integrity.
Not really the fact the you're offering free escrow without any history, although that's also suspicious.

I understand that starting a reputation on this forum without getting attacked is hard.
But in this time too late for building your reputation for becoming an escrow because i think some escrowed is already dominated and not wanna giving a new permission for a new participant for trying building it. you know " kill them before they're will destroy you".

but maybe be better for forgetting about intention for becoming an escrow in this time.


Title: Re: Why is offering escrow bad?
Post by: Patatas on August 27, 2016, 08:07:29 AM
I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

The negative trust is not a mark to tag only scammers but a warning to deal with these people on your own risk as the person is involved in shady activities.Take it or leave it.




Title: Re: Why is offering escrow bad?
Post by: Sharma on August 27, 2016, 09:51:45 AM
I'm against the people who gave you negative trust since you didn't scam anyone (I suppose). However, I also don't support what you did, You build a reputation to help people for escrow services and not do escrow services for making a reputation.

The negative trust is not a mark to tag only scammers but a warning to deal with these people on your own risk as the person is involved in shady activities.Take it or leave it.



Honestly scammers leave the account and create new one once they get negative trust.Scammers are not fool to use same account and pre-warn their victims.If someone still using the account even after negative trust,it only means he has been tagged because of some misunderstanding


Title: Re: Why is offering escrow bad?
Post by: U2BONO on August 27, 2016, 10:53:25 AM
Your trust is 0, i don't see it red actually, and i think you can negotiate with that guy, if he doesn't remove, make a repitation thread to clarify this issue.


Title: Re: Why is offering escrow bad?
Post by: asriloni on August 27, 2016, 11:51:40 AM
escrow only can be done by TRUSTED people and not those who having really low trading history or even NONE,because it is for the sake of people's money and to prevent any scamming activities,even an old user here who already having so many positive trust could done scamming,for example Master-P,i'm on the side of those who give you neg rep


Title: Re: Why is offering escrow bad?
Post by: Fatanut on August 27, 2016, 01:23:42 PM
It's obvious that if someone wants to offer an escrow service out of nowhere, they want to build their trust at first. Because how else would you get the trust of the people. Someone has to be your first customer, but in your conversation with Lutpin, you mentioned that you're offering an escrow for "FREE" just an exchange for Positive trust. It was like you're low-key buying positive trust which isn't allowed here. You're lucky that Lutpin left a neutral trust instead of a negative one.

Those people who left you a negative feedback because of this post (https://bitcointalk.org/index.php?topic=1498331.msg15085049#msg15085049) surely did jump into a conclusion. But, if we take a look at it at from a different point of view, it's look like you posted this (https://bitcointalk.org/index.php?topic=1498331.msg15085071#msg15085071) because you've received a negative trust from your previous post and you wanted to make it look like you never actually wanted to sell your account.


Title: Re: Why is offering escrow bad?
Post by: LoyceV on August 27, 2016, 01:42:27 PM
First of all, your Red Trust isn't from users who are in Default Trust 2, so it doesn't instantly show up.
Second: a lot of scammers try all sorts of things, not only escrow, but also trying to get a loan, or trying to give a loan and run with the collateral. This has resulted in many people being "paranoid" and giving Red Trust to anyone who attempts anything that could even remotely be a scam.

People who have been trying to build a reputation have been given Red Trust too, for the simple fact that - wait for it - they're trying to build a reputation!

For this reason, I haven't even tried starting an escrow service, although I wouldn't mind doing it.


Title: Re: Why is offering escrow bad?
Post by: Arrakeen on August 27, 2016, 03:08:20 PM
First of all, your Red Trust isn't from users who are in Default Trust 2, so it doesn't instantly show up.
Second: a lot of scammers try all sorts of things, not only escrow, but also trying to get a loan, or trying to give a loan and run with the collateral. This has resulted in many people being "paranoid" and giving Red Trust to anyone who attempts anything that could even remotely be a scam.

People who have been trying to build a reputation have been given Red Trust too, for the simple fact that - wait for it - they're trying to build a reputation!

For this reason, I haven't even tried starting an escrow service, although I wouldn't mind doing it.

I wonder if it'd be possible to create a 'team' of sorts? We would have to gain each other's trust first, obviously, but then we could partner up to (somehow) provide users with an added layer of security. Haven't given this anything he until just now, so don't laugh at me if it isn't possible :P although it'd be nice to have a well-known team that can be trusted here - even another, as it seems there's a monopoly on escrow providers.


Title: Re: Why is offering escrow bad?
Post by: satmas on August 27, 2016, 07:52:20 PM
Your trust is 0, i don't see it red actually, and i think you can negotiate with that guy, if he doesn't remove, make a repitation thread to clarify this issue.
The DT trust feedback is neutral, so it wouldn't actually have a impact on the trust so they don't actually need to make a reputation thread on the feedback, that might just make it worse.


Title: Re: Why is offering escrow bad?
Post by: Sweetbtc on August 29, 2016, 03:08:14 PM
If you are offering escrow, you are suppose to have some sort of trading history either on this forum or somewhere else. If you have any scam accusations, you should resolve those as well. Edit: The negative trusts certainly won't stop you from trading though.

there has to be a level of trust that has chosen to cut the margin by letting other people pay for the heavy investment and get back the minimal returns.  I have seen a few people that offer user to user  Escrow or rental and I do believe a couple for those are legit too but escrow is something that needs to be done by green trusted members


Title: Re: Why is offering escrow bad?
Post by: masumhossain on August 29, 2016, 06:42:53 PM
There is always some jobless cock who loved to give red trust without any issue.


Title: Re: Why is offering escrow bad?
Post by: JeffBrad12 on August 29, 2016, 11:31:45 PM
First of all, your Red Trust isn't from users who are in Default Trust 2, so it doesn't instantly show up.
Second: a lot of scammers try all sorts of things, not only escrow, but also trying to get a loan, or trying to give a loan and run with the collateral. This has resulted in many people being "paranoid" and giving Red Trust to anyone who attempts anything that could even remotely be a scam.

People who have been trying to build a reputation have been given Red Trust too, for the simple fact that - wait for it - they're trying to build a reputation!

For this reason, I haven't even tried starting an escrow service, although I wouldn't mind doing it.

I wonder if it'd be possible to create a 'team' of sorts? We would have to gain each other's trust first, obviously, but then we could partner up to (somehow) provide users with an added layer of security. Haven't given this anything he until just now, so don't laugh at me if it isn't possible :P although it'd be nice to have a well-known team that can be trusted here - even another, as it seems there's a monopoly on escrow providers.
What are you team will dedicate for? Maybe like The Lauda's team (ACE) or something like that, but I don't sure you can use the team for just an escrow and how you will share you profit from charge into another's member? you're don't feeling shocked, the period into next period always appearing a new escrow generation. but although the monopoly is always there.


Title: Re: Why is offering escrow bad?
Post by: Sharma on August 30, 2016, 08:52:33 AM
Just like you get negative trust without asking for it,earn positive feedback and trust from members without asking for it.Once you have lots of positive feedback,people will themselves ask you to act as escrow.Few things are not demanded,they are earned


Title: Re: Why is offering escrow bad?
Post by: darklus123 on August 30, 2016, 10:24:39 AM
We really have the same idea that was also a part of my plan but unfortunately i was also thinking that one. Good thing about being asked to be an escrow is better so i think i have to build  up my account first


Title: Re: Why is offering escrow bad?
Post by: TastyChillySauce00 on August 30, 2016, 10:36:13 AM
We really have the same idea that was also a part of my plan but unfortunately i was also thinking that one. Good thing about being asked to be an escrow is better so i think i have to build  up my account first
well escrow is not just about building up your account but about how you can keep up with your trust,you will eventually having attempt to do such bad thing because you're escrowing money especially a big money,just see few escrowers back who just done a scam even they're trusted for a long time