Notice of fee change on GLBSE

[stochastic]

Well you didn't do everything.  The terms and conditions you agreed to were that the exchange could require verification of any asset owner for any reason.  You didn't. The terms also gave the exchange the sole discretion in approving a new listing.  They didn't.

The fee was non-refundable and you new it was non-refundable.

That is why I contacted him prior to paying the 8BTC and laid out my entire plan. He knew I was not going to verify and let me pay it anyway without a word of concern despite me asking him directly if my IPO would be approved. That action was premeditated and I believe he baited me into paying the 8BTC will the full intention of denying my listing to steal my 8BTC using his terms of service as a shield. His only word of caution was that I should pay quickly because he was raising the fees on Friday. I am calling scammer.

Then collect the personal information you had with GLBSE and then go to the Scammer Accusations forum and make your case.  You might be shocked but this topic is not about you.  Some users of GLBSE want to be informed about the fee change and the contracts and not about your problems listing your asset.

[1714754715]

1714754715

[1714754715]

1714754715

[1714754715]

1714754715

[1714754715]

1714754715

[1714754715]

1714754715

[PPoweredP]

Well you didn't do everything.  The terms and conditions you agreed to were that the exchange could require verification of any asset owner for any reason.  You didn't. The terms also gave the exchange the sole discretion in approving a new listing.  They didn't.

The fee was non-refundable and you new it was non-refundable.

That is why I contacted him prior to paying the 8BTC and laid out my entire plan. He knew I was not going to verify and let me pay it anyway without a word of concern despite me asking him directly if my IPO would be approved. That action was premeditated and I believe he baited me into paying the 8BTC will the full intention of denying my listing to steal my 8BTC using his terms of service as a shield. His only word of caution was that I should pay quickly because he was raising the fees on Friday. I am calling scammer.

Then collect the personal information you had with GLBSE and then go to the Scammer Accusations forum and make your case.  You might be shocked but this topic is not about you.  Some users of GLBSE want to be informed about the fee change and the contracts and not about your problems listing your asset.

https://bitcointalk.org/index.php?topic=110504.0

[OgNasty]

PPoweredP - You seem a little too miffed considering it was my BTC along with others that was lost.  It's Nefario's site, his rules.  I'd like to see my BTC0.8 returned, but it isn't worth it to me for Nefario to be labeled a scammer if it isn't.  I'll consider it a donation to the GLBSE, which I use quite a bit.

[PPoweredP]

PPoweredP - You seem a little too miffed considering it was my BTC along with others that was lost.  It's Nefario's site, his rules.  I'd like to see my BTC0.8 returned, but it isn't worth it to me for Nefario to be labeled a scammer if it isn't.  I'll consider it a donation to the GLBSE, which I use quite a bit.

I will sell something for BTC and repay you if he does not refund me. Unlike Nefario I can be trusted.

[RandomQ]

Are contract revision voted by the shareholders going to need GLBSE approval now?

[Bitcoin Oz]

Are contract revision voted by the shareholders going to need GLBSE approval now?

I dont see why since the shareholders voted for them.

[RandomQ]

Are contract revision voted by the shareholders going to need GLBSE approval now?

I dont see why since the shareholders voted for them.

What if they change to selling drugs..

I'm not talking extremes like sellings drugs,as long as it not against the GLBSE TOS if put a contract change to a vote and it passes by the required shareholder vote, will it require additional GLBSE(Nefario) approval?
Because currently according to the TOS it does not.

[BinaryMage]

Are contract revision voted by the shareholders going to need GLBSE approval now?

I dont see why since the shareholders voted for them.

What if they change to selling drugs..

I mean, they'd probably lose less money, and switching GLBSE to a drug market might actually decrease scam rate.

More seriously, I would assume Nefario would freeze the asset and negotiate with the issuer / shareholders directly.

[Bitcoin Oz]

Are contract revision voted by the shareholders going to need GLBSE approval now?

I dont see why since the shareholders voted for them.

What if they change to selling drugs..

I mean, they'd probably lose less money, and switching GLBSE to a drug market might actually decrease scam rate.

More seriously, I would assume Nefario would freeze the asset and negotiate with the issuer / shareholders directly.

I assume you couldn't change your business to something thats against the glbse TOS

The Exchange reserves the right to deny listing, or suspend trading, of an asset if such asset is deemed to be of a nature that potentially exposes the operations of the Exchange to unacceptable risks.

[stochastic]

The current application fee to list an asset on GLBSE is 8BTC.

From this Friday the fee structure will be different.

We are reducing the application fee to 5BTC, and increasing the listing fee to 7BTC.

When creating a new asset 12BTC will be charged, if the application is not accepted 7BTC will be returned but the application fee will not.

Is there any fees to change a contract after it has been accepted?  For example, shareholders amend the contract.

[RandomQ]

The current application fee to list an asset on GLBSE is 8BTC.

From this Friday the fee structure will be different.

We are reducing the application fee to 5BTC, and increasing the listing fee to 7BTC.

When creating a new asset 12BTC will be charged, if the application is not accepted 7BTC will be returned but the application fee will not.

Is there any fees to change a contract after it has been accepted?  For example, shareholders amend the contract.

Very good question, because I need to change the contracts on 3 assets lol

[stochastic]

The current application fee to list an asset on GLBSE is 8BTC.

From this Friday the fee structure will be different.

We are reducing the application fee to 5BTC, and increasing the listing fee to 7BTC.

When creating a new asset 12BTC will be charged, if the application is not accepted 7BTC will be returned but the application fee will not.

Is there any fees to change a contract after it has been accepted?  For example, shareholders amend the contract.

Very good question, because I need to change the contracts on 3 assets lol

Some of mine are blank and or say "test".

I would expect assets created would be grandfathered in at no charge to change a contract.

[Puppet]

I am calling scammer.

Me too!
Of course the (wannabee) scammer is you.

[bitcoinbear]

I'd like to see announcements like this made through the GLBSE mail feature as well as the forum.  I've never gotten mail through the GLBSE and it seems like that would be a logical place for these kinds of announcements.

This would also be a good thing to put on the blog, which has not been updated in a while. Really, it should be added as a notice at the top of the protfolio page when you log in or something. Not everybody checks this forum often, and many people would miss this announcement because it is so far removed from the actual GLBSE website. Is there even a link anywhere on the GLBSE to this forum? (other than a few of the assets which list a forum post as their "website", which seems kinda shady to me.)

[guruvan]

I wish bitcoin companies would start making their announcements on their platforms, and stop using this forum as the primary means of communications with users.

[jgarzik]

I wish bitcoin companies would start making their announcements on their platforms, and stop using this forum as the primary means of communications with users.

Of course, many people do not have time to check a bazillion different websites for news on every bitcoin business, either.  That's the reason the concept of a community bulletin board has existed for hundreds (thousands?) of years.

[bitcoinbear]

I wish bitcoin companies would start making their announcements on their platforms, and stop using this forum as the primary means of communications with users.

Of course, many people do not have time to check a bazillion different websites for news on every bitcoin business, either.  That's the reason the concept of a community bulletin board has existed for hundreds (thousands?) of years.

But would it really be that hard to put the pertinent information both places, or at least a link to the information?

[bitcoinstarter]

Actually I was wrong, you were actually looking for 10,000BTC not 1,000.

Would it make a difference if I was willing to reduce the amount to 500 BTC? I do not want to waste all the effort I have put into this project and it seems that you are unfairly controlling the market. That seems anti-Bitcoin to me.

It sounds like PPoweredP wants a KickStarter-like system.  That way, investors are protected because a project will not fund unless it reaches the fundraising goals.

PPoweredP if you are looking to get your project off the ground for bitcoins let us know we are a kickStarter-like system for bitcoins we are pre-loading projects currently.

http://www.bitcoinstarter.com

Just PM us. Thanks!

[RandomQ]

The new changes going into effect per twitter.

http://blog.glbse.com/notice-of-new-asset-fee-change


"If you submit an application and later want to change the contract (because there was an error) that will be an additional 5BTC. The same will happen if the contract you have submitted has been found to be lacking in the detail or clarity needed to enforce"

I just want to be 100% clear, If you have an existing asset issued before this change and you want to change the contract it will be a 5 BTC fee?

[Nefario]

The new changes going into effect per twitter.

http://blog.glbse.com/notice-of-new-asset-fee-change


"If you submit an application and later want to change the contract (because there was an error) that will be an additional 5BTC. The same will happen if the contract you have submitted has been found to be lacking in the detail or clarity needed to enforce"

I just want to be 100% clear, If you have an existing asset issued before this change and you want to change the contract it will be a 5 BTC fee?

I don't know. What do you suggest, we can't have contracts being changed willy nilly.