Well said, you almost completely repeated Josh's thought.
I will add:
POSITIVE trust doesn't automatically make someone a reliable. You should do a little extra research, and to see if the feedbacks have any validity before doing business.

Think rather than just look at the trust rating numbers!

True. I'm just so frustrated. Theres a huge difference between a red flagged account and one that isn't. I wouldn't care if the negative rep was there IF it didn't cause my account to now have the same red mark as real scammers.

Does it matter? He won't remove his trust rating and thus I'll have to create a new account and work months again anonymously to regain trust of users. Either way I'm screwed, at least I can hurt him in some way too.

User "bayareacoins" has left me negative feedback without proof. He is a liar. Please look into my trust page to see that I AM NOT A SCAMMER. I accept escrow ALWAYS and if you have a lot more trust then me I WILL send first!

I am so pissed right now. Offering a bounty on this individual, see here:

https://bitcointalk.org/index.php?topic=551993.0

I have a lot of valuables I could use as collateral but to me $2000 isn't a lot of money and just getting a loan and paying the interest is much more convenient then selling any of my valuables. Also I'm pretty sure I won't miss my rent as if It came down to it I could sell the same stuff I would be using as collateral . To me the interest paid is worth not selling stuff. I think it's funny you think I'm a scammer. Long story short if you want to make some interest and have money sitting in your wallet that will be untouched during the duration of the loan requested then contact me we can work something out. I'm not a scammer, a crack head, or asking for free money. I'm simply a guy who got unlucky, who has the ability to pay back a loan plus interest with no issues.

The trust system isn't moderated. If you haven't noticed, Dogie, Squal, and Theymos are all targets of Josh's contest, yet Theymos hasn't removed his own negative ratings either. It is allowed, but as you have seen here, when people do these sort of things, they lose all of their own credibility and the effect on the targets is near zero. I don't often vouch for the default trust list, but this is exactly why it exists. I don't see any negative hits against any of your trust, because I don't trust those that are leaving the negative feedback in the first place. I wouldn't stop trading with you guys because FSB was paid to give you negative trust, I would just disregard his trust given the circumstances. These people that are leaving negative feedback have no influence in their trust at all, so it doesn't effect anyone besides themselves.

Inaba got negative trust from myself as well. I haven't been involved in any of the BFL disputes, because I don't care. I'm not a customer nor a potential customer, and never have been, so I have never left negative trust over the BFL thing (its pretty bad that everyone knows what I'm talking about when I say BFL thing) but this is a scummy move, and deserves the neg. Now its up to others to determine whether they trust my and the other negatives Josh has received. If they don't care, they are welcome to do what they want, negative trust doesn't automatically make someone a scammer. It just tells people to do a little extra research, and to see if the claims have any validity before doing business.

*edit* also for the record, Inaba hasn't purchased any advertising slots since round 107 (January 9th) 3 months ago. The "you are being paid off by Inaba" point is invalid for that, and another reason which I'd be happy to pm if you care. Its a long post I made a while ago calculating how much money Theymos actually gets from Inaba's advertising.

I own a small stake of equity in a beverage company. We have contracts which will allow us to grow by leaps and bounds in the coming months. We just need the cash to be able to cover our manufacturing costs. I'm not asking someone to "Loan" me money.

I'm asking folks who have enough BTC to make a worthwhile investment to consider my company as a worthwhile investment.

Our company is on fundable.com seeking $500,000.00 USD investment. Based on the numbers I obtained on Preev, that equates to about BTC 1,089. The minimum amount allowed on the fundable website is $1,000.00 USD, which would be BTC 2.179.

The company is willing to grant stock ownership and or a note as "equity" or "collateral" for the investment.

I can and will divulge pertinent information in a private message, if someone is interested in knowing more.

Thank you for your time.

I haven't tried, have you got any links for UK residents for a loan under a car?

Hi guys,


I know i am new at this, but i am looking for a loan of 10,000$

I have no collateral except my car, i have been working in the same job for 21 years and have been living in UK for all of my life.

I am looking for 24months repayment plan, with all documentation will be agreed on ofcourse.



So loan repayment for 24 months, with the intrest ofcourse of 4000$ over 2 years.

Please let me know if you could help me out, thanks

He asked me whether he could demonstrate that the Trust system is broken. I said that he could, though I didn't know exactly what he was planning, and I don't like what he's doing here. Trust isn't the right way to respond to people whose posts you dislike. If I'd have known that he was going to do this, I would have warned him that it would probably result in significant backlash...

I'm happy with the performance of the Trust system here so far. I have a few more default-untrusted negative ratings, but Inaba's default trust score went from ~5 to -261 overnight. (I did not change anything about how the Trust system works for this.)

oh...but is that even allowed?

v7znay:  I do not recall ever doing any business with you.  Please post the details of our deal or a link to remind me.

madmadmax:  you will have to prove this is really you by posting a message signed by the first Bit coin address that I used to send you BTC.  If this is really the madmadmax that I have dealt with in the past then I might vouch for you.   

Seems like a cool cat
Edit: scratch that, he doesn't even likes Man Utd, so he must be a scammer.

But in all seriousness, don't know who he is. do you assume everyone who looks to buy 1BTC with Paypal to know each other?

I thought they wern't allowed to spy on their own citizens, never mind former Presidents?

Hey guys,

I'm looking to buy around 1BTC (a bit less, around 0.9BTC actually but it depends on the price change in the following hours).

Yep only 20 posts but did transactions with serbb/M (rakebackboss.com) for Skrill and with Burt for Paypal, I'm willing to go first but only with trusted sellers or to use escrow, My Paypal account is verified.

bitstamp + 7% (Including the PP fee because I can't send the money as gift, not supported).

I am looking to buy about 1BTC for Paypal, already have a good trading history on here, traded with two sellers BurtW and cryptocap in the same manner before.

Willing to send the payment before receiving BTC.

Ignore the bad rep, some guy tried to extort money. Cheers.

Hey guys! I need loan of around .75BTC Ill pay back .9 in about 1 month! Let me know if that works! My collateral would be my paypal account. I have $872 in it right now that i would be able to exchange into bitcoin later! Thanks!