How much is trust worth? | Bitcointalksearch.org

lemipawa

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Quote from: acs267 on September 23, 2015, 08:59:00 PM

Quote from: lemipawa on September 23, 2015, 08:51:09 PM

If a buyer is willing to pay a high amount to get an account with +ve trust, that buyer is up to something, buyer is not buying the account primarily, buyer is buying the trust that comes with it. If the buyer is up to something good, buyer doesn't need to buy a +ve trust account.

That's assuming that everyone that buys an account is positive trust is up to 'no good'. Some people buy it to help get their business off faster, or to sell goods. Not saying everyone that buys an account with positive trust isn't up to the sketch, but that's really an invalid generalization.

If only reason is to get their business off faster they can buy an account with neutral trust.
Most of them are just trying to avoid the 360 seconds waiting time.

acs267

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Quote from: lemipawa on September 23, 2015, 08:51:09 PM

If a buyer is willing to pay a high amount to get an account with +ve trust, that buyer is up to something, buyer is not buying the account primarily, buyer is buying the trust that comes with it. If the buyer is up to something good, buyer doesn't need to buy a +ve trust account.

That's assuming that everyone that buys an account is positive trust is up to 'no good'. Some people buy it to help get their business off faster, or to sell goods. Not saying everyone that buys an account with positive trust isn't up to the sketch, but that's really an invalid generalization.

lemipawa

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If a buyer is willing to pay a high amount to get an account with +ve trust, that buyer is up to something, buyer is not buying the account primarily, buyer is buying the trust that comes with it. If the buyer is up to something good, buyer doesn't need to buy a +ve trust account.

ranochigo

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Quote from: bitcoin revo on September 22, 2015, 07:39:30 PM

Quote from: FruitsBasket on September 21, 2015, 08:48:24 PM

For the light green trust or the dark green trust u pay double? And yes I think the same way because trust is some kind of hard to achieve, u need to earn it.

I bolded the part that stands out.

That's 100% true; trust is earned. It shouldn't be bought/sold; if you dig around the services section you'll see people who attempted to buy trust and they were neg-bombed like Nagasaki. Really, 99.999999999999999999% of people who try and buy high-trusted accounts are people who are trying to scam and want to get some quick trust.

People started realising that it doesn't work. An account is actually sold at an higher amount than what people would trust with it. Even if it has a high trust, people would ask for the account to be used as collateral this yielding negative profit.

bitcoin revo

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Quote from: FruitsBasket on September 21, 2015, 08:48:24 PM

For the light green trust or the dark green trust u pay double? And yes I think the same way because trust is some kind of hard to achieve, u need to earn it.

I bolded the part that stands out.

That's 100% true; trust is earned. It shouldn't be bought/sold; if you dig around the services section you'll see people who attempted to buy trust and they were neg-bombed like Nagasaki. Really, 99.999999999999999999% of people who try and buy high-trusted accounts are people who are trying to scam and want to get some quick trust.

titodj

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Quote from: rikrikrik on September 22, 2015, 11:54:37 AM

While I like the trust system it's to open to abuse

I agree, I guess no system is perfect...

rikrikrik

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where am i? HELLO WORLD

While I like the trust system it's to open to abuse

ranochigo

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Trust isn't worth too much around here. Most are looking for an account to participate in a signature campaign and trust is not needed. I wouldn't say trust is at all useful as it is particularly hard to keep it. A change in password, address or writing style can signify a possible change in ownership and people may just give you a negative trust.

gentlemand

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Quote from: FruitsBasket on September 21, 2015, 08:48:24 PM

For the light green trust or the dark green trust u pay double? And yes I think the same way because trust is some kind of hard to achieve, u need to earn it.

Hence the controversy when it's sold.

FruitsBasket

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Quote from: Uses on September 21, 2015, 08:44:29 PM

Quote from: FruitsBasket on September 21, 2015, 08:40:02 PM

Quote from: Uses on September 21, 2015, 08:38:03 PM

I feel like trust will definitely increase the price of the account. Getting green trust is hard to do and that means you'll be a more respected user. The price would most definitely go up.

Yes, I know it would go up, but if you have for example light green trust how much will add it to the total worth of the account? And same question for dark green trust.

Personally, I would pay double what the account is already worth in the first place.

For the light green trust or the dark green trust u pay double? And yes I think the same way because trust is some kind of hard to achieve, u need to earn it.

Uses

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Quote from: FruitsBasket on September 21, 2015, 08:40:02 PM

Quote from: Uses on September 21, 2015, 08:38:03 PM

I feel like trust will definitely increase the price of the account. Getting green trust is hard to do and that means you'll be a more respected user. The price would most definitely go up.

Yes, I know it would go up, but if you have for example light green trust how much will add it to the total worth of the account? And same question for dark green trust.

Personally, I would pay double what the account is already worth in the first place.

FruitsBasket

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Quote from: Uses on September 21, 2015, 08:38:03 PM

I feel like trust will definitely increase the price of the account. Getting green trust is hard to do and that means you'll be a more respected user. The price would most definitely go up.

Yes, I know it would go up, but if you have for example light green trust how much will add it to the total worth of the account? And same question for dark green trust.

gentlemand

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Quote from: FruitsBasket on September 21, 2015, 08:36:54 PM

Haha, 131 pages of posts. That is alot compared to me :p
I wonder how long it takes a bot to read his potential activity, 10 minutes

Escrow did not loose reputation, did the sell finally go through or was it cancelled?

I can't remember to be honest. It'll be on the page in there somewhere.

Uses

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I feel like trust will definitely increase the price of the account. Getting green trust is hard to do and that means you'll be a more respected user. The price would most definitely go up.

FruitsBasket

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Quote from: gentlemand on September 21, 2015, 08:32:30 PM

Quote from: FruitsBasket on September 21, 2015, 08:29:55 PM

So the escrow also risks his trust by escrowing the sale of a trusted account? And in those 2 cases, were the sold accounts given red trust?

I'm pretty sure this was the escrow - https://bitcointalksearch.org/user/sebastianju-18640

Have a dig around in the post history and you should find the story in there. It was within the last 2-3 months if I remember rightly.

Haha, 131 pages of posts. That is alot compared to me :p
I wonder how long it takes a bot to read his potential activity, 10 minutes

Escrow did not loose reputation, did the sell finally go through or was it cancelled?

gentlemand

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Welt Am Draht

Quote from: FruitsBasket on September 21, 2015, 08:29:55 PM

So the escrow also risks his trust by escrowing the sale of a trusted account? And in those 2 cases, were the sold accounts given red trust?

I'm pretty sure this was the escrow - https://bitcointalksearch.org/user/sebastianju-18640

Have a dig around in the post history and you should find the story in there. It was within the last 2-3 months if I remember rightly.

FruitsBasket

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Quote from: gentlemand on September 21, 2015, 08:22:27 PM

Quote from: FruitsBasket on September 21, 2015, 08:19:06 PM

But if someone sells and trusted account, the escrow will know that, so the escrow can also leave a neg trust and then account became worthless. Or an escrow can not do that?

Yes they can. I've seen an escrow or two handling a sale of a trusted account and pledging to keep it secret. They got quite a bit of heat from others because of that. I guess you'd need to discuss that beforehand.

So the escrow also risks his trust by escrowing the sale of a trusted account? And in those 2 cases, were the sold accounts given red trust?

gentlemand

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Quote from: FruitsBasket on September 21, 2015, 08:19:06 PM

But if someone sells and trusted account, the escrow will know that, so the escrow can also leave a neg trust and then account became worthless. Or an escrow can not do that?

Yes they can. I've seen an escrow or two handling a sale of a trusted account and pledging to keep it secret. They got quite a bit of heat from others because of that. I guess you'd need to discuss that beforehand.

FruitsBasket

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Quote from: gentlemand on September 21, 2015, 08:14:54 PM

You'll have to work extra hard to keep the ID of a trusted account secret if you want to sell it. People don't like it and will add negative or neutral trust if they find out.

You should discover some price histories in the digital goods section. It's a hard one to answer.

But if someone sells and trusted account, the escrow will know that, so the escrow can also leave a neg trust and then account became worthless. Or an escrow can not do that?

gentlemand

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You'll have to work extra hard to keep the ID of a trusted account secret if you want to sell it. People don't like it and will add negative or neutral trust if they find out.

You should discover some price histories in the digital goods section. It's a hard one to answer.

Topic: How much is trust worth? (Read 1105 times)