Silk Road forums

Market => Rumor mill => Topic started by: Schrady on July 07, 2013, 09:16 pm

Title: Screwed by false "hedging". Lost over $100 because Pillpopperz bailed w/o shipng
Post by: Schrady on July 07, 2013, 09:16 pm
I thought thats what hedging was. PillPopperz tied up my $$ for 30 days. BTC went down 35%. Now when I get a refund for using escrow and being a good lil camper, I get screwed.

Support tells me to read the wiki. Wiki clearly states I will get the value back that I paid on the day of sale.

Vendors who tie up your money for 30 days should have the money we lose deducted from their seller account.

Why am I not getting my value back?
Title: Re: Screwed by false "hedging". Lost over $100 because Pillpopperz bailed w/o shipng
Post by: gpgbuisman on July 07, 2013, 11:23 pm
least you've gotten something back i have an order thats still waiting for review 30 mins to go before auto FE
Title: Re: Screwed by false "hedging". Lost over $100 because Pillpopperz bailed w/o shipng
Post by: sharonneedles on July 07, 2013, 11:35 pm
least you've gotten something back i have an order thats still waiting for review 30 mins to go before auto FE

So click on extend until it does become resolved.
Title: Re: Screwed by false "hedging". Lost over $100 because Pillpopperz bailed w/o shipng
Post by: zxydwx3 on July 07, 2013, 11:44 pm
That's definitely frustrating. I've been choked watching the BTC value fall the last few days. The funds I've had in my account on SR have decreased by $45 since Thursday... I do believe that hedged listings should get you back your original value less 4%. I've never had to deal with a no-show though. Knock on wood, all my parcels have showed up just fine. I do stick to mostly domestic vendors though.
Title: Re: Screwed by false "hedging". Lost over $100 because Pillpopperz bailed w/o shipng
Post by: Schrady on July 08, 2013, 06:22 pm
My order was $211 US. I got back about $150US. What a scam. No way for me to protect myself.

These fucking vendors who rack up a 100 rating then take off ought to be hunted down and strung by their nuts.

We are only as good as a community as our fraud levels


Title: Re: Screwed by false "hedging". Lost over $100 because Pillpopperz bailed w/o shipng
Post by: farmer1 on July 08, 2013, 06:34 pm
Schrady,

Are you sure your order was hedged? Not all escrow is hedged - only if the vendor activates it.
Title: Re: Screwed by false "hedging". Lost over $100 because Pillpopperz bailed w/o shipng
Post by: Schrady on July 09, 2013, 01:58 pm
It said hedged when I placed it. No way to check now cause he screwed everyone and the order was partially refunded