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Bump, because I still haven't heard any actual movement re: Pirate
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so did any of the PPT investors get their money back?
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can somebody translate this to English? I wasn't aware that gibberish was an actual dialect. |
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Ownership is part and parcel to responsibility.
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Well considering that Theymos is part owner GLBSE, and the scams listed were perpetrated by GLBSE in an official capacity, shouldn't Theymos get a scammer tag too?
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...
Stop posting here. You're banned from this thread. Why are you posting here when you know you are in violation of this forum's policy? What policy? Anyone is allowed to post here. Hell, they still let Atlas post here. You clearly don't have the power to ban users in this specific thread, and you have zero authority to compel them to stop. I find it funny that "free speech" only seems to apply to "stuff that I like" and not "stuff I don't like." And for the record, I do expect you to sell your personal stuff if thats what it takes to meet your contractual obligations that dont mention a "void if GLBSE prices go down" clause. FFS you run an "insurance" company, the only point of having an insurance is for when things do go down. An insurance company that takes premiums when there is no problem, and doesnt pay out when there are problems isnt an insurance company, its a scam.
You're an idiot, we DID pay out. And no I will not be selling my stuff because you are too lazy to read a contract and just blindly throw money at a dartboard. Do I really need to quote the CPA contract to you again? This has been explained to you ten times over. 1b. Risk
...CPA exists to provide shareholders with exposure to all losses associated with writing insurance on customer assets. Our value may decline dramatically in the event of lage or widespread default.It says your value may decline. No shit einstein, thats only a worry for CPA shareholders who are already screwed anyway. Where does it say a "lage (sic) or widespread default" discharges you of your liabilities? Particularly regarding Nyan.A. Anyway, if GLBSE is closing down due to the SEC, you have far bigger worries.
Common violations that may lead to SEC investigations include:
Misrepresentation or omission of important information about securities Check
Manipulating the market prices of securities Check
Stealing customers' funds or securities
Violating broker-dealers' responsibility to treat customers fairly Check
Insider trading (violating a trust relationship by trading on material, non-public information about a security) Check
Selling unregistered securities. Check
http://www.sec.gov/news/newsroom/howinvestigationswork.html |
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Huh? Oh, weird.. Maybe I entered 0.2 by mistake when I meant to enter 0.02? Hmm. Well I'll change it to IPO price.
Why would you change it to IPO price? What is your reasoning that fair market value is 10x the current highest bid and 5x the 5 day average? Missing a zero could be an honest mistake. Deliberately inflating your asset value by 10x is not. Here's a question for you: Can you explain WHY people are selling to 0.02 on an asset that has had no negative news, is currently in operation, and run by the same guy who runs Satoshidice? I'm all ears. Because Twitter advertising is a waste of time, money, and energy. IMO, .02 is FMV for FZB. unless you've got some earning numbers to support it. Further, Twitter isn't the most reliable when it comes to operating through their platform....they tend towards arbitrary rule changes (sound familiar, usagi?) Finally, basing a company completely off another company's platform, fixing all your revenue to that other company's performance, and continued production of the product yours is based off of, and contued permission/potential for you to actually base your product off theirs is a recipe for a short lived business. Twitter could kill FZB in an instant with a rule change, or in other ways changing their platform. There's plent of example of, say MSFT doing this to companies. I said most of this (to Erik) when FZB first came out. It's still true now. If I needed one more thing: Erik seems to move quickly onto new projects - I don't suspect FZB will be much improved over its life. In fact, I wouldn't even pay .02 for it. It's done nothing but fall since IPO. (usagi's favorite kind of issue to invest it!!  ) just in case |
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For the record, this is bullshit. You wanna trade fiat, go trade fiat.
Why trade fiat when there's a nice proven group of suckers here? |
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You guys do realize that what they're doing is just the free market at work...
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What does this shut down mean for GLBSE's chances at "going legit"?
Are you asking what does Mt. Gox is having trouble with their bank mean for a BTC-only business looking for approval by the UK securities regulator? That's like asking what an auto manufacturer recall will mean for a restaurant about to undergo a visit from the health inspector. If MtGox can't even keep a bank account open in the UK, what makes you think GLBSE will be able to get any kind of approval on business licensing for a commodities exchange that sells shares in virtual currency? |
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Perhaps you should pay back your creditors?
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User_name Weekly Monthly Since Credit Rating
RustyRyan 3.00% - 28-Jul-12 A A++++ WOULD SCAM AGAIN |
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I think the banks are afraid of bitcoin.
No, not really. This isn't the first attempt at alternative money transfer systems. Paypal used to have competitors before eBay basically locked in their vertical monopoly. |
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phpBB is legit software.
No, it really isn't. It's the first target for every forum spammer and hack exploit though. |
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What does this shut down mean for GLBSE's chances at "going legit"?
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Headwind is the currency risk. If you expect bitcoin to rise to $100/coin over the next few years, it will be difficult to justify a purchase of 5000 btc today.
This. 5000btc is waaay over priced IMO. Agreed. |
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he would be an idiot to run off with your money with after already having spent 2 years in jail, a criminal record and with his name out in the open.
That might make sense in the real world... but bitcoin. (pirate's stolen over 5 million USD, and I don't forsee any jail in his future considering there's not even a police report right now) |
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I'm only disturbed by his visual similarity to Bruce Wagner. Is that the smile of a psychopath? I do not know.
Bruce Wagner also tried to hand-wave away his previous convictions for fraud with ridiculous stories. |
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Why is everyone typing in huge colorful fonts?
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I think BFL is taking awfully long in responding to this mess.
Maybe it's like pirate? |
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