Help me set the negative trust record!

[extortion]

i just tried to sell you some fake miners through pm. then i hacked your account and deleted it so you wouldn't remember. now you are inclined to give me negative trust, yes? good

[Anders]

Trust is useful for companies and organizations. Trust in individuals is much more shaky. Anyone can suddenly "spend" their trust in a massive scam, or go bonkers. That's true for companies too. Just look at MtGox. Still, a company like PayPal has enough trust, and if they would accept bitcoin transactions then that would be a major boost for cryptocurrencies.

[extortion]

Trust is useful for companies and organizations. Trust in individuals is much more shaky. Anyone can suddenly "spend" their trust in a massive scam, or go bonkers. That's true for companies too. Just look at MtGox. Still, a company like PayPal has enough trust, and if they would accept bitcoin transactions then that would be a major boost for cryptocurrencies.

Indeed. I think it would be exciting great if paypal accepted bitcoin, and i had heard that they were looking at implementing it in one of their subsidiaries on a trial basis.

[Anders]

Trust is useful for companies and organizations. Trust in individuals is much more shaky. Anyone can suddenly "spend" their trust in a massive scam, or go bonkers. That's true for companies too. Just look at MtGox. Still, a company like PayPal has enough trust, and if they would accept bitcoin transactions then that would be a major boost for cryptocurrencies.

Indeed. I think it would be exciting great if paypal accepted bitcoin, and i had heard that they were looking at implementing it in one of their subsidiaries on a trial basis.

Could happen. Here is a recent article:

"EBay Payments Unit in Talks to Accept Bitcoin

Consumers may soon be able to pay for their Airbnb rentals or Uber car rides using bitcoin.

EBay Inc. has been quietly working to integrate acceptance of the virtual currency into its Braintree payments subsidiary, part of its PayPal unit, according to people familiar with the matter.

Those people said PayPal officials have meet in recent weeks with several companies that facilitate bitcoin transactions, including Coinbase Inc. PayPal has yet to reach any agreements, the people said. The timing of when Braintree would accept bitcoin is dependent in part on such a deal.

Braintree provides software for payments processing to many online and mobile companies like Uber and Airbnb.

EBay and PayPal wouldn't initially accept bitcoin, the people familiar with the matter said, but that could change over time. EBay Chief Executive John Donahoe told The Wall Street Journal last year that he was considering ways to use bitcoin.

A deal would provide a boost to bitcoin, a virtual currency that backers believe can someday displace cash or credit cards in many transactions." -- Full story: http://online.wsj.com/articles/ebay-payment-unit-in-talks-to-accept-bitcoin-1408052917

[Spoetnik]

Trust is useful for companies and organizations. Trust in individuals is much more shaky. Anyone can suddenly "spend" their trust in a massive scam, or go bonkers. That's true for companies too. Just look at MtGox. Still, a company like PayPal has enough trust, and if they would accept bitcoin transactions then that would be a major boost for cryptocurrencies.

Paypal seized my account over bitcoin being cashed out at BTC-E
and i fought them with my lawyer and won but after that they stole almost $700 usd and kept denying it.

eventually i proved it by getting Newegg after them too (as well as 63 pictures of bills / invoices / id etc)
and they caved in and admitted i was right and gave me my money.

I got to experience Paypal's trust rating when i had phoned them FIRST and confirmed what i was planning on doing was ok
and i got to see first hand their phone tech support people who checked on the phone with a supervisor..
and how 8 hours after that they seized my account with no warning after the phone call
and locked all my money and purchase payments etc screwing my credit and reputation with some companies..
and then how i went to go to their forum and realized i had an automated message saying i was not allowed to post because my account was locked.
I had never commented on the forum before either and luckily i had another old account to to get in and bitch at them where they (staff) all ignored me.

i got it back but it took MONTHS and i had to pay out of pocket for a lawyer and paper work etc legal documents.
and i had my credit rating and repution damaged with Newegg etc.

in case anyone is curious Paypal's terms of service forbid using ANY digital currency of any kind with their services.
and the only option i got from them was to admit in writing with a signed affidavit i broke their TOS or i would NOT get my estimated 5 grand usd back.

I told them i sent $2,500 (2x) from BTC-E to paypal (the min amount) and they demanded i was running a money / financial service and i broke their TOS
they said in writing to me.. and i had to admit to that or i would not get *most of my money back.
Still not sure who at Paypal decided to keep my 700 bucks though.

Fuck Paypal and i don't care if they ever want to deal with Bitcoin or not they are thieves and i have them admitting it !

[Anders]

Trust is useful for companies and organizations. Trust in individuals is much more shaky. Anyone can suddenly "spend" their trust in a massive scam, or go bonkers. That's true for companies too. Just look at MtGox. Still, a company like PayPal has enough trust, and if they would accept bitcoin transactions then that would be a major boost for cryptocurrencies.

Paypal seized my account over bitcoin being cashed out at BTC-E
and i fought them with my lawyer and won but after that they stole almost $700 usd and kept denying it.

eventually i proved it by getting Newegg after them too (as well as 63 pictures of bills / invoices / id etc)
and they caved in and admitted i was right and gave me my money.

I got to experience Paypal's trust rating when i had phoned them FIRST and confirmed what i was planning on doing was ok
and i got to see first hand their phone tech support people who checked on the phone with a supervisor..
and how 8 hours after that they seized my account with no warning after the phone call
and locked all my money and purchase payments etc screwing my credit and reputation with some companies..
and then how i went to go to their forum and realized i had an automated message saying i was not allowed to post because my account was locked.
I had never commented on the forum before either and luckily i had another old account to to get in and bitch at them where they (staff) all ignored me.

i got it back but it took MONTHS and i had to pay out of pocket for a lawyer and paper work etc legal documents.
and i had my credit rating and repution damaged with Newegg etc.

in case anyone is curious Paypal's terms of service forbid using ANY digital currency of any kind with their services.
and the only option i got from them was to admit in writing with a signed affidavit i broke their TOS or i would NOT get my estimated 5 grand usd back.

I told them i sent $2,500 (2x) from BTC-E to paypal (the min amount) and they demanded i was running a money / financial service and i broke their TOS
they said in writing to me.. and i had to admit to that or i would not get *most of my money back.
Still not sure who at Paypal decided to keep my 700 bucks though.

Fuck Paypal and i don't care if they ever want to deal with Bitcoin or not they are thieves and i have them admitting it !

Hmm... Ok, all centralized financial services are problematic. Even the trusted ones. What really is needed is a trustless way of storing money (private keys). Like a distributed open source "PayPal".

[Febo]

i think this thread can be moved to more appropriate part of forum

[Nxtblg]

Trust is useful for companies and organizations. Trust in individuals is much more shaky. Anyone can suddenly "spend" their trust in a massive scam, or go bonkers. That's true for companies too. Just look at MtGox. Still, a company like PayPal has enough trust, and if they would accept bitcoin transactions then that would be a major boost for cryptocurrencies.

Paypal seized my account over bitcoin being cashed out at BTC-E
and i fought them with my lawyer and won but after that they stole almost $700 usd and kept denying it.

eventually i proved it by getting Newegg after them too (as well as 63 pictures of bills / invoices / id etc)
and they caved in and admitted i was right and gave me my money.

I got to experience Paypal's trust rating when i had phoned them FIRST and confirmed what i was planning on doing was ok
and i got to see first hand their phone tech support people who checked on the phone with a supervisor..
and how 8 hours after that they seized my account with no warning after the phone call
and locked all my money and purchase payments etc screwing my credit and reputation with some companies..
and then how i went to go to their forum and realized i had an automated message saying i was not allowed to post because my account was locked.
I had never commented on the forum before either and luckily i had another old account to to get in and bitch at them where they (staff) all ignored me.

i got it back but it took MONTHS and i had to pay out of pocket for a lawyer and paper work etc legal documents.
and i had my credit rating and repution damaged with Newegg etc.

in case anyone is curious Paypal's terms of service forbid using ANY digital currency of any kind with their services.
and the only option i got from them was to admit in writing with a signed affidavit i broke their TOS or i would NOT get my estimated 5 grand usd back.

I told them i sent $2,500 (2x) from BTC-E to paypal (the min amount) and they demanded i was running a money / financial service and i broke their TOS
they said in writing to me.. and i had to admit to that or i would not get *most of my money back.
Still not sure who at Paypal decided to keep my 700 bucks though.

Fuck Paypal and i don't care if they ever want to deal with Bitcoin or not they are thieves and i have them admitting it !

http://www.paypalsucks.com/

[Spoetnik]

http://www.paypalsucks.com/
saved my ass !
some guy way back commented on some story about how he got help by using Paypal's Twitter Help page.
And that was ProTip shit all the way

i was getting stuff done finally when i went to twitter..
what is good about is they have people that can PM with you and get on your case asap !
other wise your stuck using emails or phone calls that will not help.
and the emails are useless because they will not respond to emails from you and your locked out of the forums.
so that Paypal-Twitter page is like peoples only option besides using the resolution center on Paypal's official web page.
Which only allows you to upload some shit and leave a quick note.. in other words useless LOL

They kept changing the story as to what is wrong and why they locked my account and when one problem was resolved they started another..
first they wanted me to prove who i was.. solved.
then they wanted to know what i bought from where etc.. solved
then they wanted to know and prove where i got my money from.. solved
and then finally they took $700 and played dumb it about for around a month and a half.

And guys no one had complained either.. Not BTC-E not Newegg or anyone else (and my account had a perfect history too)
PAYPAL started this shit with me for some strange reason out of the blue randomly !
I think what triggered it was trying to send like $1,200 to my bank account.
Risky behavior i guess would set off alarm bells.

i hope my words are a warning and empower people with more options if YOU have problems with them.. Twitter = pro tip !

[Benjig]

Trust is useful for companies and organizations. Trust in individuals is much more shaky. Anyone can suddenly "spend" their trust in a massive scam, or go bonkers. That's true for companies too. Just look at MtGox. Still, a company like PayPal has enough trust, and if they would accept bitcoin transactions then that would be a major boost for cryptocurrencies.

Paypal seized my account over bitcoin being cashed out at BTC-E
and i fought them with my lawyer and won but after that they stole almost $700 usd and kept denying it.

eventually i proved it by getting Newegg after them too (as well as 63 pictures of bills / invoices / id etc)
and they caved in and admitted i was right and gave me my money.

I got to experience Paypal's trust rating when i had phoned them FIRST and confirmed what i was planning on doing was ok
and i got to see first hand their phone tech support people who checked on the phone with a supervisor..
and how 8 hours after that they seized my account with no warning after the phone call
and locked all my money and purchase payments etc screwing my credit and reputation with some companies..
and then how i went to go to their forum and realized i had an automated message saying i was not allowed to post because my account was locked.
I had never commented on the forum before either and luckily i had another old account to to get in and bitch at them where they (staff) all ignored me.

i got it back but it took MONTHS and i had to pay out of pocket for a lawyer and paper work etc legal documents.
and i had my credit rating and repution damaged with Newegg etc.

in case anyone is curious Paypal's terms of service forbid using ANY digital currency of any kind with their services.
and the only option i got from them was to admit in writing with a signed affidavit i broke their TOS or i would NOT get my estimated 5 grand usd back.

I told them i sent $2,500 (2x) from BTC-E to paypal (the min amount) and they demanded i was running a money / financial service and i broke their TOS
they said in writing to me.. and i had to admit to that or i would not get *most of my money back.
Still not sure who at Paypal decided to keep my 700 bucks though.

Fuck Paypal and i don't care if they ever want to deal with Bitcoin or not they are thieves and i have them admitting it !

Hmm... Ok, all centralized financial services are problematic. Even the trusted ones. What really is needed is a trustless way of storing money (private keys). Like a distributed open source "PayPal".

I think this is what Stellar/ripple is triying to do, you can store money there and anyone can run a node so there is decentralization..