As a Seller and Buyer I can say that the extortion goes both ways , thankfully I have kept my 100 % feedback. My Feedback score is 112
Here are my numbers.
As a seller I have received 105 Feedback
As a Buyer I have received 61 Feedback
For a total of 166 Feedback
I have given out 201 Feedback
The difference is 35 , since some were multiple sales I can estimate that my current feedback score would be around 130 if everyone left feedback.
In all I have only left one Negative feedback and that was 1 month ago , a buyer wanted me to wait 3 weeks for him to get his S.S. Check , and I refused and was upset because they were buying without having money , they were leaving feedback to other sellers like OOPS I bought this from another seller so I wont be purchasing your item , they were guilty of being irresponsible.
I gave the buyer an opportunity to get out of the transaction by agreeing to cancel , but the fool said he wanted to complete the transaction so I had to pay Ebay the fees , now I issue unpaid strikes and wait to see what happens .
I've only been extorted once ( well it felt like it ) , I sold a DVD and the DVD arrived loose inside the sealed case , it had some scuff marks from the movements during transit , it was well packed but I know this can happen no matter how well you pack one , the problem is the client explained that the case was severely damaged and the DVD unplayable , the client told me here's what you're going to do for me " you're going to send me another one , only this time you're gonna send the disc in a separate case so it doesn't get scratched and you're gonna send me another case also " when I got the damaged DVD back it looked like someone had purposely damaged it , I'm thinking the client made it look worse to justify getting everything new again . I didn't like him telling me what to do but I was afraid of getting my first negative feedback.
Another time a International buyer decided to send a charged gift card as payment without consulting with me first , it never arrived so I waited for the mail for months and it never came , I also paid Ebay all fees on that item but at least I never sent the item out.
Sellers have nightmares stories too , honestly I like the old way better .