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Topic: Is escrowing for yourself using a secret alt OK? - page 16. (Read 13150 times)

Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
This poll is too insignificant for alts to get involved, but you can never be sure.  Wink

Hey, I'm a grower, not a shower.   Tongue
copper member
Activity: 2996
Merit: 2374
The risks are exactly the same as if you do a direct trade. However if there is some kind of communication misunderstanding, and you did not clarify these details (as an escrow) then your reputation will be permanently damaged because you did not create a safe trading environment.

If you are doing a direct trade and there is a communication issue, then the answer is "sorry" and your reputation may or may not be affected based on your ability to weasel your way out of the situation.

Manipulating people into believing that they have paid an unbiased third party to protect them during their trade and it really being you is sketchy as FUCK.
Do you think that is all that different from choosing someone you are close friends with as an escrow? Do you think that it might be difficult for an escrow to be 100% unbiased if you are close friends with the escrow? My understanding is that you are close with Salty, and I see that you suggested using him as escrow here.

It is also my understanding that you are close to MRKLYE, to the point that (if my memory serves me right) you left a negative rating against someone who was harassing him. However he is offering your escrow services here.

There is not a 1:1 comparison between these scenarios and escrowing your own deal, however they are very similar. Additionally, it is possible that the person you are trading with may not know you are close.
legendary
Activity: 1582
Merit: 1064
My vote for no. I would say the escrow has to be a trusted third party.
It has nothing to do with the escrow fees - Even if the escrow is free, I would say that escrow has to be a third party.

I'm pretty sure 'No' is going to win. It's clear it's better for it to be a third party.

This poll is too insignificant for alts to get involved, but you can never be sure.  Wink
sr. member
Activity: 252
Merit: 251
This seems very obvious to me,is this leading or do we actually have a issue with established accounts using alts as escrow?



yes its an issue.
QuickSeller does this regulary and some DefaultTrust Member thinks it ok and not scammy hence this poll
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
This seems very obvious to me,is this leading or do we actually have a issue with established accounts using alts as escrow?

hero member
Activity: 764
Merit: 500
I'm a cynic, I'm a quaint
Why is this even a question? An escrow should, by definition, be a neutral and trusted third party.

Using an alias pretending to be that is a scam because you're simply not providing escrow at all.
legendary
Activity: 1876
Merit: 1475
I'm pretty sure 'No' is going to win. It's clear it's better for it to be a third party.
Probably we should include in the discussion how bad it is and whether it deserves negative trust.

Personally I'm convinced it's bad and would definitely not use an escrow known to have that behavior, but I wouldn't say he's a scammer and therefore I don't think a negative feedback is deserved [more].
sr. member
Activity: 462
Merit: 250
I am just going to leave this here.....

legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
The risks are exactly the same as if you do a direct trade. However if there is some kind of communication misunderstanding, and you did not clarify these details (as an escrow) then your reputation will be permanently damaged because you did not create a safe trading environment.

If you are doing a direct trade and there is a communication issue, then the answer is "sorry" and your reputation may or may not be affected based on your ability to weasel your way out of the situation.

Manipulating people into believing that they have paid an unbiased third party to protect them during their trade and it really being you is sketchy as FUCK.
sr. member
Activity: 252
Merit: 251
The risks are exactly the same as if you do a direct trade. However if there is some kind of communication misunderstanding, and you did not clarify these details (as an escrow) then your reputation will be permanently damaged because you did not create a safe trading environment.

If you are doing a direct trade and there is a communication issue, then the answer is "sorry" and your reputation may or may not be affected based on your ability to weasel your way out of the situation.

...says the person who regularly uses himself as his own escrow for his alts...
copper member
Activity: 2996
Merit: 2374
The risks are exactly the same as if you do a direct trade. However if there is some kind of communication misunderstanding, and you did not clarify these details (as an escrow) then your reputation will be permanently damaged because you did not create a safe trading environment.

If you are doing a direct trade and there is a communication issue, then the answer is "sorry" and your reputation may or may not be affected based on your ability to weasel your way out of the situation.
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
i voted no, using alt account to buy or sell something and use your another account to be the escrow is like buying trust specially if the escrow is asking for fees

And then they sell the alt account for a higher fee due to their trust.
hero member
Activity: 504
Merit: 500
i voted no, using alt account to buy or sell something and use your another account to be the escrow is like buying trust specially if the escrow is asking for fees
sr. member
Activity: 252
Merit: 251
I'd say an escrow MUST be a third-party because if you look it up in dictionary all state "third party".
if it isnt the escrower is a liar.

problems, when seller an escrow are the same person:

 - trust abusing in case they left a positive rating afterwards

 - if a fee is collected its effectively stealing

 - in case of a dispute its not possible to make a fair and emotional free decision
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
It is absolutely NOT ok to trick people into using escrow when it is really you hiding behind a alt account.

I will leave negative feedback for that regardless of the possibility of being punished by being removed off the DT.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Code:
THIS POLL WILL RUN FOR 7 DAYS
YOU CAN CHANGE YOUR VOTE AT ANY TIME

I was one of the first people to consistently push for the use of escrow, even before default trust existed.

I view escrow as a trusted third party that can act as a mediator should the buyer and seller disagree. It also prevents the seller from running off the coins, or the buyer stealing intellectual property without paying for it.

An escrow can either be free, ask for tips, or charge a flat or sliding scale. 

If the person you are trading with is also the escrow, you have no protection from intentional fraud or accidental issues.

What do you think?

YES - Earn what you can, however you can.  Doesn't matter if a service is being purchased and not provided.
NO - An escrow should be a neutral third party.  The fee paid is considered like an insurance premium for protection
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