Be careful of low rep GLBSE issuers.

[Bitcoin Oz]

Make sure you do your due diligence on new GLBSE securities as there are a few now listing where the forum members have under 20 posts. If you wouldn't loan coins on the forum to someone with under 50 posts why would you buy shares or bonds off them ?

As an example why is someone with under 10 posts trying to raise 100 000 btc ? https://glbse.com/asset/view/BLUECHIP 

If you just go by the asset page it says nothing about their community reputation so maybe this is something GLBSE needs to change, perhaps by enforcing an asset issuer to link to their forum profile.

[Strongman]

Do you really think all Bitcoiners go on this forum? 

[Bitcoin Oz]

Do you really think all Bitcoiners go on this forum? 

No but the vast majority of scammers have under 50 posts which was the point I was making.

[ElectricMucus]

Do you really think all Bitcoiners go on this forum? 

says the guy who registered 10 days ago

The point is not that everybody ought to use this forum when dealing in bitcoin but that there should be people around who a least have talked to the person if no other means of validation exist. There are plenty of ways to provide proof of legitimacy outside this forum in the bitcoin world for those who seek it.

[Strongman]

You guys are going to see a huge influx of new members in the coming months and they are going to outnumber the Bitcoin veterans 10:1. You won't be able to demand they prove themselves then.

They'll do casual business with each other without your help or approval.

[ElectricMucus]

You guys are going to see a huge influx of new members in the coming months and they are going to outnumber the Bitcoin veterans 10:1. You won't be able to demand they prove themselves then.

They'll do casual business with each other without your help or approval.

Casual business is different from offering a security for people to invest in.

[Strongman]

You guys are going to see a huge influx of new members in the coming months and they are going to outnumber the Bitcoin veterans 10:1. You won't be able to demand they prove themselves then.

They'll do casual business with each other without your help or approval.

Casual business is different from offering a security for people to invest in.

Depends on your country. My point is you guys take yourselves too seriously. Relax.

[Bitcoin Oz]

You guys are going to see a huge influx of new members in the coming months and they are going to outnumber the Bitcoin veterans 10:1. You won't be able to demand they prove themselves then.

They'll do casual business with each other without your help or approval.

You need to verify your reputation whether on this forum or outside it. One guy posted his photo ID and his business registration because he didnt have much rep. If you try to list a security on glbse with under 10 posts questions will be asked. Deal with it.

[Strongman]

You guys are going to see a huge influx of new members in the coming months and they are going to outnumber the Bitcoin veterans 10:1. You won't be able to demand they prove themselves then.

They'll do casual business with each other without your help or approval.

You need to verify your reputation whether on this forum or outside it. One guy posted his photo ID and his business registration because he didnt have much rep. If you try to list a security on glbse with under 10 posts questions will be asked. Deal with it.

Deal with what? I don't need you guys.  

I make gentlemen's agreements all the time without having to go through a strip search.

[Bitcoin Oz]

You guys are going to see a huge influx of new members in the coming months and they are going to outnumber the Bitcoin veterans 10:1. You won't be able to demand they prove themselves then.

They'll do casual business with each other without your help or approval.

You need to verify your reputation whether on this forum or outside it. One guy posted his photo ID and his business registration because he didnt have much rep. If you try to list a security on glbse with under 10 posts questions will be asked. Deal with it.

Deal with what? I don't need you guys.  

I make gentlemen's agreements all the time without having to go through a strip search.

 Someone raising thousands of bitcoins should expect some discovery by potential investors. An IPO is different than a simple OTC trade.

[Strongman]

You guys are going to see a huge influx of new members in the coming months and they are going to outnumber the Bitcoin veterans 10:1. You won't be able to demand they prove themselves then.

They'll do casual business with each other without your help or approval.

You need to verify your reputation whether on this forum or outside it. One guy posted his photo ID and his business registration because he didnt have much rep. If you try to list a security on glbse with under 10 posts questions will be asked. Deal with it.

Deal with what? I don't need you guys.  

I make gentlemen's agreements all the time without having to go through a strip search.

 Someone raising thousands of bitcoins should expect some discovery by potential investors. An IPO is different than a simple OTC trade.

Here's my final word on this: Why does it bother you guys so much if somebody is soliciting capital for a project and their price for investment includes privacy? Aren't most investors under Caveat Emptor from the beginning?

I just don't think it's fair that you guys think you can set the standard for how everybody does business. Government ID isn't the end-all and be-all of reputation. Everybody has their standards and they don't have to be yours. I think we should treat people as the intelligent beings they are. If they are dumb enough to go bust here, then they will eventually learn to stop going bust. I don't think we need everyone playing Mommy and Daddy here. We're grown men.

[Bitcoin Oz]

GLBSE used to have no verification at all. It turns out a lot of the listings were scammers.

Go figure.

[Strongman]

GLBSE used to have no verification at all. It turns out almost all of the listings were scammers.

Go figure.

I'll admit I feel threatened because I am new here and I don't like the stigma attached to it.

As for GLBSE in its early days, I feel the buyers of scammer, junk stocks knew what they were getting into.

What you guys want is everybody to be in line and every financial opportunity guaranteed. That can't happen in a free society.

[vendor]

It is always up to you where you put your money. Do 50 posts on this forum is not so difficult to make. A guy with 50 posts and a guy with 10 posts has the same credibility. None. You always have to do your homework before investing in something. If a newcomer sounds interesting and you are okey to risk, put some coins there and wait. If you prefer low risk let the others find it out for you. I encourage everyone to be carefull because this is the wild west of doing bussiness in the 21st century. Do not throw your money mindless, unless you got plenty and just playing around.

[Bitcoin Oz]

GLBSE used to have no verification at all. It turns out almost all of the listings were scammers.

Go figure.

I'll admit I feel threatened because I am new here and I don't like the stigma attached to it.

As for GLBSE in its early days, I feel the buyers of scammer, junk stocks knew what they were getting into.

What you guys want is everybody to be in line and every financial opportunity guaranteed. That can't happen in a free society.

Its the way things are done especially in  the lending section of the forum. https://bitcointalk.org/index.php?topic=97214.0 explains what people need to do to ensure they get a loan from the lenders. Its got nothing to do with government regulation. In some respects free market standards are a lot higher than government ones. They need to be because there is no safety net.

Issuing a security on glbse is no different than asking for a loan on the forum.

[Strongman]

GLBSE used to have no verification at all. It turns out almost all of the listings were scammers.

Go figure.

I'll admit I feel threatened because I am new here and I don't like the stigma attached to it.

As for GLBSE in its early days, I feel the buyers of scammer, junk stocks knew what they were getting into.

What you guys want is everybody to be in line and every financial opportunity guaranteed. That can't happen in a free society.

Its the way things are done especially in  the lending section of the forum. https://bitcointalk.org/index.php?topic=97214.0 explains what people need to do to ensure they get a loan from the lenders. Its got nothing to do with government regulation. In some respects free market standards are a lot higher than government ones. They need to be because there is no safety net.

Issuing a security on glbse is no different than asking for a loan on the forum.

I understand. I apologize for my butthurt. I just don't like seeing people getting disrespect without being proven guilty of something. 

[Bitcoin Oz]

It is always up to you where you put your money. Do 50 posts on this forum is not so difficult to make. A guy with 50 posts and a guy with 10 posts has the same credibility. None. You always have to do your homework before investing in something. If a newcomer sounds interesting and you are okey to risk, put some coins there and wait. If you prefer low risk let the others find it out for you. I encourage everyone to be carefull because this is the wild west of doing bussiness in the 21st century. Do not throw your money mindless, unless you got plenty and just playing around.

Its also a red flag that people cannot spell properly and use incorrect grammar.

[Bitcoin Oz]

GLBSE used to have no verification at all. It turns out almost all of the listings were scammers.

Go figure.

I'll admit I feel threatened because I am new here and I don't like the stigma attached to it.

As for GLBSE in its early days, I feel the buyers of scammer, junk stocks knew what they were getting into.

What you guys want is everybody to be in line and every financial opportunity guaranteed. That can't happen in a free society.

Its the way things are done especially in  the lending section of the forum. https://bitcointalk.org/index.php?topic=97214.0 explains what people need to do to ensure they get a loan from the lenders. Its got nothing to do with government regulation. In some respects free market standards are a lot higher than government ones. They need to be because there is no safety net.

Issuing a security on glbse is no different than asking for a loan on the forum.

I understand. I apologize for my butthurt. I just don't like seeing people getting disrespect without being proven guilty of something. 

It isn't personal it is business.

[BitcoinINV]

Make sure you do your due diligence on new GLBSE securities as there are a few now listing where the forum members have under 20 posts. If you wouldn't loan coins on the forum to someone with under 50 posts why would you buy shares or bonds off them ?

As an example why is someone with under 10 posts trying to raise 100 000 btc ? https://glbse.com/asset/view/BLUECHIP 

If you just go by the asset page it says nothing about their community reputation so maybe this is something GLBSE needs to change, perhaps by enforcing an asset issuer to link to their forum profile.

I don't really understand how people expect investments when they have no clear cut plans. If your on the forum why not tell people what your doing so you can get a little free advertising? If there is a security up that I have never seen or never read about you get nothing lol.

[vendor]

It is always up to you where you put your money. Do 50 posts on this forum is not so difficult to make. A guy with 50 posts and a guy with 10 posts has the same credibility. None. You always have to do your homework before investing in something. If a newcomer sounds interesting and you are okey to risk, put some coins there and wait. If you prefer low risk let the others find it out for you. I encourage everyone to be carefull because this is the wild west of doing bussiness in the 21st century. Do not throw your money mindless, unless you got plenty and just playing around.

Its also a red flag that people cannot spell properly and use incorrect grammar.

I also need to apologize for my spelling and my grammar. I am coming from a country where English is not the first language neither second. I will be never be able to speak as native speakers do, sorry for that. How about you? What other languages do you speak with the same skill as your own? I do not want to be personal but you need to take into account that not everyone so lucky to born with a so useful language. Or maybe you also had to learn English as second language, then you are simply better then me on this field.