Bitcoin Forum

Economy => Securities => Topic started by: scrybe on October 08, 2012, 07:50:53 PM



Title: Is your last Withdraw address on GLBSE the correct one?
Post by: scrybe on October 08, 2012, 07:50:53 PM
I know my last withdrawal address was for a payment, but that account is square and closed, so I maynhave to convince someone to give me my own money back.  I'm worried that others are in the same or similar boat.

Quote
GLBSE has been closed

I'm sorry to inform all our users that GLBSE is no longer able to continue operating, and has now closed.

Q: What does this mean if I'm an issuer?

We will do everything in our power to make the process of moving off GLBSE as smooth as possible, we are currently working on a simple, safe, and easy to use method that will allow you to continue your relationship with your asset holders

Q:I'm a GLBSE user, what about my assets and my bitcoin?

You will be able to get back your bitcoin, and if you want to reveal your username, email, and a bitcoin address to accept payments with, you can continue your relationship with the issuer of any assets you hold.

We will begin retuning bitcoin once we have recieved all coins from the GLBSE treasurer that manages the GLBSE cash reserves. BitcoinGlobal (GLBSE's partent company) shareholders and board voted for them to be returned immediately, we are awaiting compliance with this order.

Update:we will begin processing account closures and returning bitcoin later today.

It is completely uncertain what mechanism is being used to issue refunds, so there may or may not be a risk associated with your last withdraw address. I'm simply trying to get some data together on the potential impact.

Please limit this thread to descriptions of how you will or will not be impacted by this setting. You can change your vote, if you do please update your existing post with the reasons.

Thanks Everyone!


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: Sukrim on October 08, 2012, 08:13:33 PM
My last one yes, but not all of them... at least as far as I remember they should all lead to accounts I still have access to on various sites/services (I used GLBSE as a online wallet sometimes for small transactions that were too tiny to really take all that cold storage key fumbling hassle...).

Still I'd rather just log into my GLBSE account and enter a deposit address there.


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: Azelphur on October 08, 2012, 08:24:17 PM
My last isn't, I did a direct withdraw from GLBSE to pay someone else. I imagine a lot of other people are in the same situation.


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: bitcoinbear on October 08, 2012, 08:41:55 PM
This lack of information is so frustrating. When is GLBSE going to list specific details about the shutdown procedure?

My last withdrawl address was to pay soembody, so I do not controll any money that gets sent there.


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: BR0KK on October 08, 2012, 08:45:44 PM
hm i have about 35 bitcoin there .... hope to get them back :/


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: theGECK on October 08, 2012, 09:22:45 PM
I have not ever withdrawn, so Nefario would get to keep my BTC if using the withdraw address.


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: freeAgent on October 08, 2012, 09:25:02 PM
I have not ever withdrawn, so Nefario would get to keep my BTC if using the withdraw address.

I'm in the same boat.  I've never withdrawn anything from GLBSE.  However, the address I used to fund my account would work.  I would hope he'd email account holders to establish what he should do for their accounts.  Every account has an email address associated with it.


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: pieppiep on October 08, 2012, 09:33:23 PM
My last was to an exchange site, I believe one where I still have access to.
But fortunatly for me I have nothing left on glbse, everything sold and withdrawn.


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: k3t3r on October 08, 2012, 09:36:28 PM
My last withdrawal from GLBSE was for 5BTC to btc-e.com



Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: scrybe on October 08, 2012, 09:42:50 PM
I have not ever withdrawn, so Nefario would get to keep my BTC if using the withdraw address.

I'm in the same boat.  I've never withdrawn anything from GLBSE.  However, the address I used to fund my account would work.  I would hope he'd email account holders to establish what he should do for their accounts.  Every account has an email address associated with it.
Added an option for those that have never withdrawn and don't have an address set.

Sorry I missed that one, kinda obvious in retrospect. Please update your vote if this is a more accurate status.

Thanks All!


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: Bogart on October 08, 2012, 10:34:10 PM
I have not ever withdrawn, so Nefario would get to keep my BTC if using the withdraw address.

I'm in the same boat.  I've never withdrawn anything from GLBSE.  However, the address I used to fund my account would work.  I would hope he'd email account holders to establish what he should do for their accounts.  Every account has an email address associated with it.

Same on both counts.

What he really should do is just bring the site up, with trading disabled, so ppl can just withdraw themselves as normal.


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: kaerf on October 08, 2012, 11:10:53 PM
I have not ever withdrawn, so Nefario would get to keep my BTC if using the withdraw address.

I'm in the same boat.  I've never withdrawn anything from GLBSE.  However, the address I used to fund my account would work.  I would hope he'd email account holders to establish what he should do for their accounts.  Every account has an email address associated with it.

Same on both counts.

What he really should do is just bring the site up, with trading disabled, so ppl can just withdraw themselves as normal.


ditto. if he wanted to be even more strict about it (wrt AML), he could only allow withdrawl of funds that were not used in trades (basically no potential for laundered money). then release other funds after AML verification (even though the whole AML thing is bullshit).


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: nimda on October 09, 2012, 01:31:37 AM
My last withdrawal from GLBSE was for 5BTC to btc-e.com


You, at least, should be OK -- I've re-used deposit addresses for btc-e


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: ianspain on October 09, 2012, 08:12:09 AM
Why doesn't Nefario sending all glbse users a simple email askng for their withdrawal address????

this is fucking pathetic and let's see who is the next to get sued!!!


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: 2GOOD on October 09, 2012, 09:51:07 AM
Don't panic upfront... let's wait and see and then panic ;)


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: kjlimo on October 09, 2012, 12:38:25 PM
As luck would have it, I deposited from my wallet on my home computer; so in case he uses that address, the coins should come back my way.

Although, I didn't have much BTC on there (17-18ish), so my main curiousity is how I'll get my payouts from my shares owned...

I'm not too worried yet.

Much more excited about BFL ASIC release!  Woot!


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: Graet on October 09, 2012, 01:04:34 PM
Only ever used 1 withdrawl addy - it will be fine
but I was emptying my balance weekly - so not much in there
more concerned at being able to work out what is happening re bond issuers and holders


Title: Re: Is your last Withdraw address on GLBSE the correct one?
Post by: theGECK on October 09, 2012, 01:17:23 PM
Only ever used 1 withdrawl addy - it will be fine
but I was emptying my balance weekly - so not much in there
more concerned at being able to work out what is happening re bond issuers and holders

Agreed. I have less than .0001 BTC in my GLBSE account so I'm more concerned about trying to verify myself by using an address - I could find the transactions where I sent in the BTC but in the end I know nothing about how this process is going to work.