UTRUST - page 513. | Bitcointalksearch.org

greatteager

sr. member

Activity: 420

Merit: 250

Quote from: Sozialtourist on October 01, 2017, 03:16:11 PM

Quote from: Rigorous on October 01, 2017, 03:01:19 PM

Quote from: Sozialtourist on October 01, 2017, 02:33:54 PM

Quote from: Rigorous on October 01, 2017, 01:46:09 PM

Quote from: ?? on ??

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/

I had also a first hand experience with that. Sold some digital goods from a game, buyer pays with a stolen credit card. Money got chargebacked. Case closed and nothing I could do about it. Lost only around $100 but it still bothers me. Since then I started to sell for BTC and got involved in the cryptoworld and here I am Grin

With this approach, PayPal will not be in demand. There is a new era of crypto-currency, who will not go to the blockchain that will die out like a dinosaur

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Rigorous on October 01, 2017, 03:01:19 PM

Quote from: Sozialtourist on October 01, 2017, 02:33:54 PM

Quote from: Rigorous on October 01, 2017, 01:46:09 PM

Quote from: ?? on ??

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/

I had also a first hand experience with that. Sold some digital goods from a game, buyer pays with a stolen credit card. Money got chargebacked. Case closed and nothing I could do about it. Lost only around $100 but it still bothers me. Since then I started to sell for BTC and got involved in the cryptoworld and here I am Grin

Rigorous

full member

Activity: 574

Merit: 115

Quote from: Sozialtourist on October 01, 2017, 02:33:54 PM

Quote from: Rigorous on October 01, 2017, 01:46:09 PM

Quote from: ?? on ??

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/

Zocadas

hero member

Activity: 909

Merit: 508

Yes, UTRUST could eleminate the problems of PayPal payments, so that it could as additional effect enlarge the acceptance of cryptocurrency payments. Wish you great success with your project.

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: marcus1986 on October 01, 2017, 02:16:15 PM

Quote from: ParRus on October 01, 2017, 01:50:25 PM

Quote from: FIEX on October 01, 2017, 01:45:41 PM

Quote from: quarl on October 01, 2017, 01:35:40 PM

I've read the white paper. The bi-monthly rebalancing and core mechanics seem really promising. Then I got to the atom bomb that says Im not allowed because I'm in the U.S.

Heartbreaking.

I almost want to back the ICO anyway, but it would really hurt to lose 2k like that when I was properly warned ahead of time.

Indeed US citizens are not allowed to take part of this ICO.
It's a shame! A lot of great ICO's would get a lot more funds if US was allowed.

But I always wondered: what if you do buy tokens as US citizen? What cant you do?

I'm thinking, but what prevents residents of the USA using VPN for example? Roll Eyes

because this ban is essentially just a formal one, and programmatically it is unlikely to be banned at least for now

In my opinion, nothing can prevent from using VPN by these people. But its decision was made by devs and their ICO means their rules.

This is good news - more people will be able to invest in UTrust. Blockchain is decentralized so government can't block investing or spending your ETH/BTC

teamcryptonator

hero member

Activity: 749

Merit: 503

Blockchain Just Entered The Real World

Quote from: Bitshan on October 01, 2017, 12:49:16 PM

Quote from: Heimer on October 01, 2017, 12:27:49 PM

Quote from: bitcoin-shark on October 01, 2017, 11:38:00 AM

Quote from: Heimer on September 30, 2017, 06:48:17 PM

Quote from: bbcolex on September 30, 2017, 06:05:36 PM

It's october first and the ICO of Utrust coming. All the best for the Dev and it's team for the success of this project, Project really is really promising if implemented in time with high security for it's users and friendly interface for using different crypto to pay , low fees and it'll be better against paypal since it said it will not cater charge back that mostly sellers encounter in paypal. Really hoping for the success of this project and can't wait to participate in ICO

Exactly, paypal (which is their biggest competitor) have got ridiculously high fees and requires too much hassle to set it up. Utrust can make it so much easier and faster

you are right paypal is no match with utrust,paypal have very high fee,risk of chargeback strange requests of documents on big transactions,so i think utrust will become number one in the field of fast transactions...

Exactly, Paypal is too complicated and too regulated. As far as I know they even can hold your payment if they want to.

Yes based on my experience they freeze my account for no reason. freezing my account for $100?? that's the problem of Paypal. so i want a new platform that will give me satisfaction. well in fact UTRUST is the one i'm looking for.

That is the problem and bad point of Paypal services, if we can find other payment method can solve those problems, I think Utrust really one of project promising to does that. Although Bitcoin or other cryptocurrencies also can do that, but the security for user can not compare to PayPal, we usually need have Escrow when create deal.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Rigorous on October 01, 2017, 01:46:09 PM

Quote from: ?? on ??

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

haxllega

full member

Activity: 392

Merit: 100

Quote from: loof99 on October 01, 2017, 07:00:53 AM

Quote from: haxllega on October 01, 2017, 03:57:00 AM

Quote from: Drokzid on September 30, 2017, 01:25:32 PM

Quote from: sockpuppet1911 on September 30, 2017, 12:58:05 PM

Quote from: Frank37 on September 30, 2017, 09:53:04 AM

Quote from: cantdecide on September 30, 2017, 09:11:33 AM

Quote from: kraterion on September 30, 2017, 08:42:49 AM

Quote from: Nicol3 on September 30, 2017, 07:54:28 AM

Quote from: the_donald on September 30, 2017, 07:17:12 AM

Quote from: matjas on September 30, 2017, 06:35:28 AM

Quote from: bbcolex on September 30, 2017, 06:24:17 AM

Nothing wrong if they try to compare this to paypal or any other online payments, every platform/project/etc. is influenced by other other project and made them better. I think Utrust will be able to compete and be better platform for online gateway and payments.

Even if Paypal would adopt crypto payments, they would have to drop their fees in order to convince customers to use their platform and not Utrust.

it's true that Paypal has an advantage as being an established brand, but if they take their sweet time to enter the crypto market, they'll find that that advantage goes away real quick in favor of Utrust.

I agree, though Paypal has been in the industry for some time now but venturing into cryptocurrency is another story. The had to adjust to it because of course using cryptocurrencies usually has lesser fees compared to the more established Paypal. I t could be a friendly competition and UTRUST can maybe learn something from Paypal and vice versa.

Online retailers can add PayPal along with UTrust, if one day PayPal will add cryptos, not only they will have high fees because they'll to use a third party, I think they'll add only major currencies (Bitcoin, Litecoin, and Dogecoin with GoCoin, Bitcoin, Litecoin, Ether with Coinbase)

Well if UTrust starts before PayPal integrate crypto payments, and build up already enough customers, their should be no problem for UTrust at all. I more likely see a problem for Paypal then to get a step into crypto.

And even if paypal enters into the kryptomarket, their should be enough room for both of them, like many telephone-companies, movie-companies, coinexchanges, VISA, AMEX and so on can coexist, I am sure.

Right, and there are lots of reasons why myself am looking for alternatives to paypal, for example, they have frozen accounts a lot.

Yes, that is the main problem with Paypal. They freeze accounts of political incorrect people and establish government interfaces. Payment should be decentralized!

I also know some YouTubers who experienced this freezes some time ago.

yes,i also experienced it..i have some hard timw with paypal back then.. I hope this platform will not be like paypals service..

Did you also do political content which interferes with the mainstream? Somethimes it feels like being in a dictatorship in my country.

marcus1986

hero member

Activity: 854

Merit: 1000

Quote from: ParRus on October 01, 2017, 01:50:25 PM

Quote from: FIEX on October 01, 2017, 01:45:41 PM

Quote from: quarl on October 01, 2017, 01:35:40 PM

I've read the white paper. The bi-monthly rebalancing and core mechanics seem really promising. Then I got to the atom bomb that says Im not allowed because I'm in the U.S.

Heartbreaking.

I almost want to back the ICO anyway, but it would really hurt to lose 2k like that when I was properly warned ahead of time.

Indeed US citizens are not allowed to take part of this ICO.
It's a shame! A lot of great ICO's would get a lot more funds if US was allowed.

But I always wondered: what if you do buy tokens as US citizen? What cant you do?

I'm thinking, but what prevents residents of the USA using VPN for example? Roll Eyes

because this ban is essentially just a formal one, and programmatically it is unlikely to be banned at least for now

In my opinion, nothing can prevent from using VPN by these people. But its decision was made by devs and their ICO means their rules.

candymonkey

full member

Activity: 210

Merit: 100

Another huge plus is a low commission for the seller, only at 1%, and compared to PayPal at least 2.9%, and sometimes more than 5%.
There are also advantages that a large number of crypto-currencies are accepted, such as Bitcoin, Ethereum, Litecoin, Dash and so on ...
Have a nice day, everyone!!!

Elkmar

full member

Activity: 294

Merit: 100

Quote from: matjas on October 01, 2017, 01:15:24 PM

Utrust has to make sure to have a good customers support since this is a problem for may platforms these days. They will have to have a short response time to solve all users problems and keep up with fixing bugs.

Weel, with the funds they got, they have no excuses to not have a good one.

Mystic dream

full member

Activity: 153

Merit: 100

hello i follow this campaign already three weeks, hopefully this project can grow and can compete in world,
thank you

ParRus

full member

Activity: 490

Merit: 104

Quote from: FIEX on October 01, 2017, 01:45:41 PM

Quote from: quarl on October 01, 2017, 01:35:40 PM

I've read the white paper. The bi-monthly rebalancing and core mechanics seem really promising. Then I got to the atom bomb that says Im not allowed because I'm in the U.S.

Heartbreaking.

I almost want to back the ICO anyway, but it would really hurt to lose 2k like that when I was properly warned ahead of time.

Indeed US citizens are not allowed to take part of this ICO.
It's a shame! A lot of great ICO's would get a lot more funds if US was allowed.

But I always wondered: what if you do buy tokens as US citizen? What cant you do?

I'm thinking, but what prevents residents of the USA using VPN for example? Roll Eyes

because this ban is essentially just a formal one, and programmatically it is unlikely to be banned at least for now

Korsakopf

full member

Activity: 210

Merit: 105

Quote from: matjas on October 01, 2017, 01:15:24 PM

Utrust has to make sure to have a good customers support since this is a problem for may platforms these days. They will have to have a short response time to solve all users problems and keep up with fixing bugs.

I think a lot of things can be automated, like when a customer isn't satisfied with a product. But for some things i do agree there will need to be customer support, and there is nothing more devastating to a reputation then bad customer service.

Rigorous

full member

Activity: 574

Merit: 115

Quote from: ?? on ??

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: quarl on October 01, 2017, 01:35:40 PM

I've read the white paper. The bi-monthly rebalancing and core mechanics seem really promising. Then I got to the atom bomb that says Im not allowed because I'm in the U.S.

Heartbreaking.

I almost want to back the ICO anyway, but it would really hurt to lose 2k like that when I was properly warned ahead of time.

Indeed US citizens are not allowed to take part of this ICO.
It's a shame! A lot of great ICO's would get a lot more funds if US was allowed.

But I always wondered: what if you do buy tokens as US citizen? What cant you do?

Nargiza

newbie

Activity: 34

Merit: 0

Quote from: sockpuppet1911 on October 01, 2017, 01:34:29 PM

Quote from: matjas on October 01, 2017, 01:15:24 PM

Utrust has to make sure to have a good customers support since this is a problem for may platforms these days. They will have to have a short response time to solve all users problems and keep up with fixing bugs.

This is true, and multi-language support, because that brings up so many more customers.

They will. If you read WP there a small paragraph about it on page 18 I believe Roll Eyes

quarl

full member

Activity: 168

Merit: 100

I've read the white paper. The bi-monthly rebalancing and core mechanics seem really promising. Then I got to the atom bomb that says Im not allowed because I'm in the U.S.

Heartbreaking.

I almost want to back the ICO anyway, but it would really hurt to lose 2k like that when I was properly warned ahead of time.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: matjas on October 01, 2017, 01:15:24 PM

Utrust has to make sure to have a good customers support since this is a problem for may platforms these days. They will have to have a short response time to solve all users problems and keep up with fixing bugs.

This is true, and multi-language support, because that brings up so many more customers.

Nargiza

newbie

Activity: 34

Merit: 0

Quote from: Voltaje on September 29, 2017, 04:02:22 PM

Quote from: Xenrise on September 29, 2017, 03:45:12 PM

Quote from: Grishanya1234 on September 29, 2017, 01:50:34 PM

As for me, UTRUST is really a revolutionary platform, because the security of this platform guarantees complete security for its users, as well as for buyers and sellers.
A low commission in contrast to Paypal, and this is just one example, and there are a lot of them!
So I wish the UTRUST Team good luck!

YES! It is good to be true. UTRUST is highly reliable platform because of its protection for its users. UTRUST is known by that. Well good luck indeed

W know the idea of giving protection fo funds for buyers and sellers is a good idea and something that is needed in the cryptocurrency world, because the anonymity of the blockchain, one wrong move and you could lose your money, so utrust can help with that Cheesy

, but all of this is almost nothing if trust doesn't get partners where we could use the platform, I hope they announce them soon Cheesy

.

UTRUST have a GREAT concept and i'm sure it's good investment Wink

Topic: UTRUST - page 513. (Read 314264 times)