Bitcoin Forum

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Post evidence, such as email communications and private messages.

I thought you said he was going to refund the 8btc or am I mistaken ?

I'm making these comments without full disclosure of the facts surrounding the issue.  If it comes to light that there was no reason, contrary to what the user has stated, for the user to think his business would receive serious review without providing supporting documentation then I should retract my statements.

The quotes are extracts from the GLBSE Fee thread following a post by OP regarding this complaint.


Irrelevant to the point in question.  The amount lost, and who's money, while relatively small is not the most cause for concern in this case.

Did Nefario lead a user to believe he had some chance to be approved, accept the fee, while the user would certainly be turned down for not providing full documentation.


Site ToS does not limit community consequences if the site operator is being an indifferent prick and not conducting a transaction in good faith by properly setting expectations.
Like I said at the start the facts remain to be seen.

Higher profile figures in Bitcoin should be held to a higher standard.  The issue the OP has brought to our attention deserves scrutiny.

Like I've said before about certain sites, ToS doesn't mean this is the wild west where anything goes.

Fee
You will be charged 8.0BTC to create this security, this charge is not refundable.

---

Per this wording did GLBSE create this security? I think this needs to be changed to say if GLBSE doesn't approve your security this charge is not refundable.

You've basically admitted the reason behind why legitimately he rejected it.
It wasn't so much your IPO asset he reject, it was you. You refused to fully verify yourself; when creating an asset that is needed.
Stop with the butthurt and realise you don't get special exception just because you talked to the owner first.
You were aware of the rules, he shouldn't need to remind you of something you already know. You can't turn around and blame him for not double double checking and reminding you, knowing he'll reject it based on something you already know is a reason to reject it.

Is it really scamming "you" when all the funds came from your begging to help you set up your scam in the first place?

How about you take your wounded little attitude and get back to class? Nobody gives two shits about what you agree or disagree with. Nefario will attend to you in due time, and sad to report, the universe does not revolve around you. And try some other world for your little class project, I think you bit off way more that you thought in this world, and you are quire clearly not intellectually mature enough to participate here.

I use GLBSE n a very regular basis, and I have never had an issue with the site or Nefario (minus a few site tech difficulties caused by my own stupidity). If Nefario is a scammer, I'm the Pope.

You gonna get scammer tagged first. Get lost.

I just feel curious about Nefario. He takes action very slow.

His GLBSE must be very profitable these days. He doesn't need to scamming 8 BTC or eat his words for 8 BTC.

Nefario is responding to people quite slow recently. He has not reply my email and PM for the requesting to return my 8BTC for days until now. As discussed in the previous post, before the change of fee structure, GLBSE did not state that the fee is for application. It is for listing. And Nefario has agreed to repay the 8 BTC back. ( He has not reply to me, however.)  But he just did not take an action.

Nefario has historically been very, very slow at responses. It took him three months to recover from a car accident and move from China to the UK, during which time his communication was abysmal. However, I think most here will agree he is a man of his word, and if he told you that you will be refunded, then you will be refunded.

Probably not in the ten second turnaround time frame that most whiners want, but you will be refunded. Since you, and the Butthurt Schoolboy, are both such sticklers for the letter of the agreement... please note there is no time frame offered on the application for when you might be paid back. Be glad he said you will get it back, now wait patiently, you are amongst the lowest of priorities for the man, and nobody has a reason to bump you to the front of the line.

Theres plenty of other exchanges out there such as cryptostocks or even move to litecoin and use litecoinglobal both of which have far less stringent verification requirements. Most of the rules at glbse exist for a good reason.

Nefario, please return my 8BTC to me.

After reading the other post, I am glad he took he did not allow you to post you sec listing. Seems he was being quite fair with you, and you wanted to raise a stink. He is a known member of this community and I have had nothing but good dealings with his staff, from password problems to security listings Adam was a great help. So why should we take your word with no proof VS A standing community member with something to lose?

That 'known in community' line doesn't fly anymore..

Wow that's a reverse logic. Normally everyone is innocent until proven guilt but apparently not in Bitcoin land here everyone is a crook until they are proven not to be...
this community...
//DeaDTerra

How many BTC for complete, and everlasting Absolution?

Did you read it? Apparently he still owns him 1 btc maybe not the full 8 btcs but he ows 1 and that is enough for a scammer tag.

I totally agree.

The 8 BTC fee is totally reasonable considering you are trying to list a company on the stock market.  I would expect a fee like this at a minimum to be on all submissions, accepted or not.  We are lucky the fee isn't 40 BTC, in that situation only "serious" companies would be listed in the stock exchange, like it should actually be. 

You guys are trying to lynch him over this fee?  He runs the stock exchange.  This is his business, he has to read over and review all the business ideas, and consider them for listing or not.  Surely a person's time is worth money. 

I had my GLBSE listing initially declined, but after a period of waiting and revisions to my contract, he let my company list on the exchange. 

It's a non-refundable fee, he clearly states that on the site, I don't know how you can call someone a scammer over this.  The fact that he is refunding you just blows my mind.

Oh you goat.
I wasn't commenting on this case but the general idea of that someone is guilty until proven innocent.
Go back to your boat.
//DeaDTerra

oh god kill me now....
Fuck it I am juts going to stop posting on these stupid posts. There's no saving off you guys.
//DeaDTerra

+1

Nefario has contributed a lot to Bitcoin, and this accusation is preposterous.

This looks like Ppowerp pulling a Matthew, using a technicality to try and pull out of paying a fee that any reasonable person would expect to be non-refundable regardless of the audit results. Because that's essentially what nefario is doing. Auditing the asset before listing. Has anyone ever heard of an auditor going "Oh, you failed the audit, here's you money back."? No? Because this doesn't happen in real life.

Unfortunately PowerPeePee is a college student. So dealing with the real world is the farthest thing from his insulated and oblivious ass. Expected everyone to chip in for his little class project, and when his scam wasn't accepted, he gets demanding about his refund.

What a maroon!

Hey, that's offensive to maroons!

Nefario is a prick regardless for their rule changings.

How so ?