Dividend paid, due to the recent clearing of pirate assets from GLBSE, I am not sure if it actually reached the share holder or how much it became per share. Can someone please check for me  //DeaDTerra |
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So what is the plan? Any timeframe for the payback yet?
The plan right now is to keep the conversation with the depositors and settle anyone that would like to trade their GIPPT shares for debt. We are offering +10% if you take IMSAGuy or HK debt There's no timeframe atm as it depends on the depositors. //DeaDTerra Thank you, but no thank you. I believe that you (DT) will have a greater chance of success recovering this debt on my behalf, than I would myself. I trust that you will work hard on doing this regardless of how many take you up on this offer. This situation really makes "100% insurance" a laughing-stock and I am beginning to feel fed up. I must admit I'm beginning to feel hesitant to ever invest with you again, though I realize it is not directly your fault. Or maybe more correctly: If everything is repaid time will pass and all will be forgiven and forgotten. Otherwise it will never be forgiven nor forgotten. He was warned about the risks and I did try to talk him out of this. I do feel bad for DeadT as he did just trust the wrong guys but then again it was hs job to see if he should trust them or not... Still think this was "slander" or a correct valuation on the situation? I know that my posting this hurt our business relationship and that is why I tried to talk you out of this. I'm not happy you think I was personally attacking you and will still post of this in your thread if you wish. I still think lending pirate insurance money to pirate is "fail". And now I hope that you can see why. Some corrections as I see them,
YARR only pays 6% (not 7%) a week and I would pay 5.5%
I do not know that Pirate will default in the next few days. I will be placing 1 BTC per bond into Pirate so if he does default it is a massive loss for me. I would not only lose the 1 BTC pirate has but I would also lose the .5 BTC premium and the .5BTC of my own funds to cover. I'm clearly betting pirate will not default.
I will convert TyGrr.Bond-P to this if people have a decent amount. 3 or 4 shares, just sell and rebuy.
Pirate has said he thinks this will last 6 more months and as a Trust account I will not be at risk to have funds pushed out.
I am doing this because I do not like the other insurance options. YARR is backed by bonds and stocks and that is pretty safe but not like solid safe. We do not fully know how much the GLBSE assets will be worth if there is a pirate fail. Other people might know but how many of the bonds and loans and what not are indirectly pirate backed? Seeing the coins in the block chain is really safe IMO.
Now what DeadT is trying to market is just fail and I have talked to him about this. I do not know if he is still going to do it or not. Let us think about what is going on. He will take 100% of the coin you send him and then he will place it in escrow. That means he has 0 BTC left to send to Pirate. Also he needs to make 2.5% somehow so that escrow coins will be invested. How? Well what is the only way right now to make more than 2.5% ? Send the coins to pirate...
That is the problem here.. When you loan out the insurance money to people who then send it to pirate you get massive defaults.
The point of insurance is that you are sure it is there to pay out when you need it.
With this you will be sure 75% is there. You will just have to trust me to get the other 25% With the other bonds you will have questions. With DeadT he is only insuring 5% of it himself the rest is being sent to people who loan Pirate money.
It is just sillyness and honestly is why I am doing this. I'm trying to help out the BTC securities market and make it safer and more sound.
Thanks.
I am pretty sure that, it was not like that our conversation went Goat  I remember that you were very interested in buying a couple of thousand, but ofc that was before vegas ^^ I am going through with it , I have crunched the number and gone over it several time it works. Why would I need to make 2.5% with the escrowed money? Someone buys 1 bonds. That one btc is sent to pirate, another BTC is sent to ImsaGuy. The Pirate payment pays 7% and ImsaGuy pays around 1-2%. Then we pay out 2,5%. What in this calculation is impossible? Yes I am only personally insuring 5%, the rest is insured by a well known and trustable lender called IneedAuserName . But he will not have access to the coins used as backing they will be with Imsaguy as mentioned above. So please stop the slandering Goat it's unnecessary... //DeaDTerra Slander?? What is Imsaguy going to do with the borrowed funds to pay off the 2%? We all know he is well known for borrowing coins and sending them to Pirate. My guess is, and yes its is a guess not a fact, that your insurance money will end up with Pirate. I'm doing this because people now have an option to know where the insurance money is. I was going to buy your bonds when I thought the insurance money was going to be stored offline or in the hands of someone I trusted. I'm not trying to attack you and do with you the best of luck. It might end well for you anyway as I don't think Pirate will default. Peace Yes if you would have posted this on my asset page, or sent me a pm or such then I would have been fine with it. But posting it in your own asset to shit talk my asset so people buy yours, now that's not really nice now is it ? Imsaguy makes a majority of his interest rate from mining, and has a low pirate exposure Of course they do and I have been clear where they go from the start. We will see, I have no intention of letting our insured funds reach pirate, I will keep track of them and make sure that all parties, is aware of what's expected and required of them! Best of luck to you as well, May your investments prosper and Pirate never default xD //DeaDTerra I will be happy to post this on your asset page. I did not do it because I felt that would be rude. I will do so when I get back.
"Imsaguy makes a majority of his interest rate from mining, and has a low pirate exposure" I hope that is a joke :/
But anyway selling the BTC in a rising market is fail. He will ahve to sell the BTC to get computers. If BTC doubles again half your insurance money is gone.
Mining is the only other option to try and get 2.5% a week but thats not going to happen most weeks. It is just crazyness.
Good luck.
INAU is not running, he has not left and he does not plan to default. I talked to him yesterday and he was still determined to payback, with a slow and steady payback plan. Unfortunately the whole depositor scandal is slowing us down as it's a slow process of paybacks, but rest assure that INAU has no intention of defaulting. //DeaDTerra No. INAU has defaulted hashking has defaulted imsaguy has defaulted This is the second instance in this thread I have corrected you on the definition of default. DT, you should encourage imsaguy to sell some of the 10,000 ASICMINER shares he claims to have. They have failed to meet their deadlines for payments yes, but all have a intention to pay back. I will talk to IMSAGUY about it, and I have had a open line of communication with the two depositors and the insurers, we are working on solving it but it's moving slow. Another dividend will go out today, as INAU has liquidated some of the assets so he can pay out another portion of his debt. //DeaDTErra I think is time for us to report this asset to Nefario for not fulfilling his contractual obligations. DeaDTerra should have all his assets on GLBSE frozen until this matter is closed. You can send your message at support@glbse.com. I am sure that James is aware of my situation, if he's not please do inform him. I have broken no contract, nor have I broken any promise. There is still plans to pay back, it's just going slow, now that is not my fault. It's not my debt it's INAUs, my debt has already been paid off. The Depositors are then in second hand the people that broke their contract as they failed to pay within the time frame they setup. 1. The debt is not mine it's INAU, I am simply a middle man that's offering 5% of the insurance. Which I have paid. 2. I have no private assets on GLBSE, all belong to other investors. To cease these assets would be to steal from one investor and give it to another, it would simply not be right. Especially when the debt is not even mine. 3.To freeze my other assets on GLBSE aka my GBF account and my GSDPT, would not help at all. It has nothing to do with this situation and would only hurt the community even more. Please point out where I have broken the contract and why you should freeze my assets. //DeaDTerra |
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Har någon Jarls email eller forum Id?
//DeaDTerra
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I will be taking a early evening tonight guys, any questions will be answered tomorrow.
GN
//DeaDTerra
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For reference, what percent of the fund is exposed to ZIGGI?
A bit over 10% is with the mybitcointrade guys, though it was lower before as the fund was bigger. A bit over 600 BTC was withdrawed last week as part of a decreasing process to decrease the exposure to them. Though the amount put in the project on their site, was still pretty high. //DeaDTerra |
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Hi DeaDTerra
Thanks for the quick reply.
Good communication really helps to build confidence. I really appreciate your honest replies to my questions.
Let's hope that the Ziggi situation resolves happily.
I really appreciate your working on guidelines for investment. At the present time Bitcoin investment seems to be a very risky business with far too many unverified offerings.
Hello No problems, I try to do my best to be as transparent as possible and answer every questions the investors have. If any of my answers doesn't make sense then ask again xD as said I am a bit sick so my brain is slightly fried at the moment ^^ I hope so as well, I will be working on getting back out assets with the best of my ability, hopefully the passport will prove crucial if it turns out he's running for it. Indeed, We are currently working on forming a alliance and a network to improve the lending/security market, as right now the risks are to high and most securities only favor the issuer. Small update on the venture fund ^^ We now have Erik Voorhees on the board, he will be a great asset so thank you for joining us! //DeaDTerra |
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Indeed, I should update that, the historical figures are up to take but I should also update the estimate return to more realistic numbers, thanks for pointing that out. The reason for the delay of the infrastructure is because I have been very busy and fallen sick, I am terrible sorry for this delay and I will get to it as quickly as possible. That is not the case, I chose to switch the GIPPT shares we held from the beginning to IMSAGUY debt as I believe we will be paid back faster that was as HK seems to be very slow at paying back if he will do so at all. The other shares bought more recently has been bought for under price and then traded back to me privately (as I had insured 250 BTC worth of GIPPT, I saw a chance for me to reduce my loses and for the fund to make a bit of profit from the difference of the GIPPT NAV and the price they were bought at. I am not looking to absorb any of the insurance with the funds money, it's not even my insurance mostly it's INAU that stands for 95% of it. We are pretty heavily invested into ZIGGI which is making me quite worried, I talked to him a couple of days ago but recently I have been unable to contact him. I have been trying to contact both him and the new owner Viktor without any real success, if they do not answer soon I will post all the information I have regarding them and the forum and the other investors can help me track them down. I am giving them some more time to clean this up but if it doesn't improve then I will indeed post the information and the pictures of the scanned passport. If it turns out it's a scam and nothing is returned then it would hit the fund heavily, unfortunately. Some questionable decisions has been made by me, maybe a passport, a real name and a strong forum ID isn't enough to protect us from scam. If Ziggi tries to run I will do my best to hunt him down and return out assets though. I am working with Nicholas to provide the fund and the general lending community with a base line rules and expectations of any investment and hopefully this will provide us with a basic minimum investment requirement and hence force out any unseriousness or malicious intent from the lending section. Thank you, I am currently working on several project but these colds are slowing me down. The current plan is to liquidate most of the portfolio and then restart it with fresh investments that satisfies all the investment rules setup, for a higher quality investment with lower risks. //DeaDTerra Another week, more losses. My 100 BTC investment at the end of July is now reduced to under 76. I think it's time you updated the OP to reflect this recent performance. It still claims: Estimated Return on Investment 5-10% per month 1.25-2.5% per week Which, I think is a bit misleading as there have now been 8 straight weeks with losses. You have been saying that the new infrastructure would be in place since the beginning of this month, and still nothing has happened. Hi DT.
Any updates on when you will start the new investment system?
Hello I am still working on it, I have had tons to do and I have been very busy and now I am sick... But it's a working progress,I will probably sit down in a day or two to implement it once I feel better The plan is at least to switch this weekend. //DeaDTerra I am concerned by the casual mention in the log book on the 8th, 9th and 18th September of your buying shares in GIPPT. Incidentally, there is no mention of these purchases in the GBF Assets log which says that GIPPT holdings are 0. Are we paying for your failed Pirate insurance fund?? I belived this was to be kept completely separate from GBF. Also, from looking at the GBF Assets log, which I assume is completely out of date, it appears that the fund is heavily invested in Ziggi/ mybitcointrade. Do you have any news on the situation there, as it looks to me like they have abandoned the website and their investors and run away with the money. How will this situation affect GBF? If this does turn out to be another fraud, will you publish Ziggi's passport info? Do you have some info about who runs Mybitcointrade and his real world indetity? I have talked to ziggs on skype and I have received a scan of his passport //DeaDTerra I must admit that at the moment these continual losses and dubious investments are really making me wonder if I should cut my (not insubstantial) losses and get out now. I hope you can recover from your current cold soon, and post some encouraging replies to these questions. |
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Log book updated, investor list updated Withdraw sent (should be all of them, if not pm me) Still sick, but I will keep on working when I have energy, I am aiming to release the new infrastructure update within a couple of days. //DeaDTerra |
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check ebay, there are 2 bfl singles forsale right now.
Thanks but I prefer buying it with BTC //DeaDTerra |
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So what is the plan? Any timeframe for the payback yet?
The plan right now is to keep the conversation with the depositors and settle anyone that would like to trade their GIPPT shares for debt. We are offering +10% if you take IMSAGuy or HK debt There's no timeframe atm as it depends on the depositors. //DeaDTerra Thank you, but no thank you. I believe that you (DT) will have a greater chance of success recovering this debt on my behalf, than I would myself. I trust that you will work hard on doing this regardless of how many take you up on this offer. This situation really makes "100% insurance" a laughing-stock and I am beginning to feel fed up. I must admit I'm beginning to feel hesitant to ever invest with you again, though I realize it is not directly your fault. Or maybe more correctly: If everything is repaid time will pass and all will be forgiven and forgotten. Otherwise it will never be forgiven nor forgotten. He was warned about the risks and I did try to talk him out of this. I do feel bad for DeadT as he did just trust the wrong guys but then again it was hs job to see if he should trust them or not... Still think this was "slander" or a correct valuation on the situation? I know that my posting this hurt our business relationship and that is why I tried to talk you out of this. I'm not happy you think I was personally attacking you and will still post of this in your thread if you wish. I still think lending pirate insurance money to pirate is "fail". And now I hope that you can see why. Some corrections as I see them,
YARR only pays 6% (not 7%) a week and I would pay 5.5%
I do not know that Pirate will default in the next few days. I will be placing 1 BTC per bond into Pirate so if he does default it is a massive loss for me. I would not only lose the 1 BTC pirate has but I would also lose the .5 BTC premium and the .5BTC of my own funds to cover. I'm clearly betting pirate will not default.
I will convert TyGrr.Bond-P to this if people have a decent amount. 3 or 4 shares, just sell and rebuy.
Pirate has said he thinks this will last 6 more months and as a Trust account I will not be at risk to have funds pushed out.
I am doing this because I do not like the other insurance options. YARR is backed by bonds and stocks and that is pretty safe but not like solid safe. We do not fully know how much the GLBSE assets will be worth if there is a pirate fail. Other people might know but how many of the bonds and loans and what not are indirectly pirate backed? Seeing the coins in the block chain is really safe IMO.
Now what DeadT is trying to market is just fail and I have talked to him about this. I do not know if he is still going to do it or not. Let us think about what is going on. He will take 100% of the coin you send him and then he will place it in escrow. That means he has 0 BTC left to send to Pirate. Also he needs to make 2.5% somehow so that escrow coins will be invested. How? Well what is the only way right now to make more than 2.5% ? Send the coins to pirate...
That is the problem here.. When you loan out the insurance money to people who then send it to pirate you get massive defaults.
The point of insurance is that you are sure it is there to pay out when you need it.
With this you will be sure 75% is there. You will just have to trust me to get the other 25% With the other bonds you will have questions. With DeadT he is only insuring 5% of it himself the rest is being sent to people who loan Pirate money.
It is just sillyness and honestly is why I am doing this. I'm trying to help out the BTC securities market and make it safer and more sound.
Thanks.
I am pretty sure that, it was not like that our conversation went Goat I remember that you were very interested in buying a couple of thousand, but ofc that was before vegas ^^ I am going through with it , I have crunched the number and gone over it several time it works. Why would I need to make 2.5% with the escrowed money? Someone buys 1 bonds. That one btc is sent to pirate, another BTC is sent to ImsaGuy. The Pirate payment pays 7% and ImsaGuy pays around 1-2%. Then we pay out 2,5%. What in this calculation is impossible? Yes I am only personally insuring 5%, the rest is insured by a well known and trustable lender called IneedAuserName . But he will not have access to the coins used as backing they will be with Imsaguy as mentioned above. So please stop the slandering Goat it's unnecessary... //DeaDTerra Slander?? What is Imsaguy going to do with the borrowed funds to pay off the 2%? We all know he is well known for borrowing coins and sending them to Pirate. My guess is, and yes its is a guess not a fact, that your insurance money will end up with Pirate. I'm doing this because people now have an option to know where the insurance money is. I was going to buy your bonds when I thought the insurance money was going to be stored offline or in the hands of someone I trusted. I'm not trying to attack you and do with you the best of luck. It might end well for you anyway as I don't think Pirate will default. Peace Yes if you would have posted this on my asset page, or sent me a pm or such then I would have been fine with it. But posting it in your own asset to shit talk my asset so people buy yours, now that's not really nice now is it ? Imsaguy makes a majority of his interest rate from mining, and has a low pirate exposure Of course they do and I have been clear where they go from the start. We will see, I have no intention of letting our insured funds reach pirate, I will keep track of them and make sure that all parties, is aware of what's expected and required of them! Best of luck to you as well, May your investments prosper and Pirate never default xD //DeaDTerra I will be happy to post this on your asset page. I did not do it because I felt that would be rude. I will do so when I get back.
"Imsaguy makes a majority of his interest rate from mining, and has a low pirate exposure" I hope that is a joke :/
But anyway selling the BTC in a rising market is fail. He will ahve to sell the BTC to get computers. If BTC doubles again half your insurance money is gone.
Mining is the only other option to try and get 2.5% a week but thats not going to happen most weeks. It is just crazyness.
Good luck.
INAU is not running, he has not left and he does not plan to default. I talked to him yesterday and he was still determined to payback, with a slow and steady payback plan. Unfortunately the whole depositor scandal is slowing us down as it's a slow process of paybacks, but rest assure that INAU has no intention of defaulting. //DeaDTerra |
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Yet another cold has put me down for the counting...
Rather then trying to fix all the accounting now with my slugish brain I will delay it until tomorrow.
sorry guys!
//DeaDTErra
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Just noticed PL never got a scammer tag. Just so everyone knows: Peter Lambert is a scammer. Peter Lambert 1703 Park Ave, Lansing, Michigan, 48910 +1 (517) 505-0884 petermlambert@gmail.comPerhaps we should pay him a visit to ensure he does not run away with honest investors' money. Ah this was a while ago  Classic scam xD //DeaDTerra |
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Hello happy investors,
Check your wallets bleeping, I have just paid out weekly interests and returned back the original deposits to another bunch of depositors.
The remainder of these deposits will be returned back with due interests on Sunday 30th. As I already announced I will close this successful operation in order for me to spend more time with my own family and keep on investing in other interesting businesses.
Thank you very much Vescudero for the investment opportunity you have given me. It has been a pleasure working with you and you are a brilliant trader Deposit+interest received! //DeaDTerra |
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bump Tell me a price //DeaDTerra |
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Nefario felt that it was his fault for not noticing it and removing it immediately instead it traded for a couple of days.
Can we get an exact timespan it was trading for? I was considering purchasing shares of GLBSE for a couple of weeks. Well he didn't shut down trades. But it was before he noticed the scam and took action against it. The asset in it self is older then GLBSE V2 so several months. //DeaDTerra |
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another 100,000 shares has been issued and is now for sale We have broken the 500,000 shares point. We now owe 5% out of the 10,000,000 shares ^^ //DeaDTerra |
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When I bought and held the stock it was because I was told I was now a part owner of GLBSE.
Interesting sentence... How could someone tell you were a part owner of GLBSE if you hadn't bought any shares yet? Drunk? Or just trying to hustle your way to the top? Do you not understand that Nefario claimed that he would turn the fake GLBSE shares into valid GLBSE shares? I bought them after he made this claim. He now wants to take my GLBSE assets and not make good on his word. This is clearly a scam. Nefario could make good on the stock but is just not going to. It is easier just to steal :/ Nefario should have a scammers tag until he makes good on his pledge and give me the valid shares. A scammer created the asset while Nefario was away. People thought it was real. Nefario felt that it was his fault for not noticing it and removing it immediately instead it traded for a couple of days. To be nice Nefario said that he might decide to take up this asset and share any potential profit with the share holders. Nefario was in a totally other situation then he is today, GLBSE was a small hobby project barely making anything. He was trying to be nice and repay the people that got scammed. Now by misusing this and forcing Nefario to convert into GLBSE V2 shares you are misusing his word and his promise, he promised out of niceness and because he felt it was his fault. To now come several months after when the situation is totally different and expect a piece of the cake of GLBSE V2 is offensive. Nefario didn't get anything out of the scam asset called GLBSE on the exchange, the scammer did. Nor was he in the same situation as he is now, a easy way out is to claim that the asset was for GLBSE V1 which is now dead, then he would not broken his promise and he would owe you nothing. But I doubt Nefario will do that, instead he will probably settle it with is private capital, what ever you get take it because it's more then Nefario morally and legally have to give you. Now can everyone stop taking a shit on Nefario and let him get to work... //DeaDTerra |
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niiice nice
We made you respond finally.. Glad to hear this.
I will test fund a campaign in one two days with the equivalent of 1-2 usd - to see if the btc goes in and I get a campaign this time ....
Will also check to see if my FZB online account gets credited / or btc returned to me...
Haha, both Erik and Ira are busy people ^^ Good thing they have a forum lurker like me to keep track of all the threads //DeaDTerra |
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I finally bought a 10 BTC silver casascius at the conference.
That is one beautiful coin!
Did you buy it the last day? From the guys sitting next to the bitcoin magazine guys? //DeaDTerra no, a kid who was in the big room at the back on the left. had coins on display... why? EDIT: ah, you mean the austrian guy sitting next to josh? no, not from him. hahah, I think you bought them for me ^^ http://blockchain.info/tx/fe0c37a670e6419df2750af9055bdf564957a48088d33360c69b0c551c299aa9Seems like I meet more people from the forum then I thought I did  I just didn't knew who they were. //DeaDTerra haha. well, I thought about making a t-shirt with my avatar for the conference, but didn't get around to doing it. Maybe next time. so we did meet, just didn't realize who we were, nice haha yea that would be a good idea, I have realized I meet tons of people from the forums but I didn't realize it xD I meet Meni as well but I didn't recognize him. We need bigger name signs next time Indeed //DeaDTerra |
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Hi! I am looking to buy a BFL single. To be shipped to Stockholm, Sweden //DeaDTerra |
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