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Author Topic: Selling 17500 shares of GLBSE (actual shares)  (Read 14927 times)
Yolocoin
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September 28, 2012, 06:21:30 PM
 #61

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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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Korbman
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September 28, 2012, 06:31:15 PM
 #62

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?

+1

Seems that way sometimes...there seems to be a solid group of intelligent people here, but then they go and dump their savings into Pirate and expect magic  Undecided

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September 28, 2012, 06:34:20 PM
 #63

Seems that way sometimes...there seems to be a solid group of intelligent people here, but then they go and dump their savings into Pirate and expect magic  Undecided
in reference to:
https://bitcointalk.org/index.php?topic=103708.msg1188128#msg1188128

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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September 28, 2012, 06:45:13 PM
 #64

Seems that way sometimes...there seems to be a solid group of intelligent people here, but then they go and dump their savings into Pirate and expect magic  Undecided
in reference to:
https://bitcointalk.org/index.php?topic=103708.msg1188128#msg1188128


HAHA! I totally forgot about that thread...nice for a good laugh this afternoon

capn noe
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October 05, 2012, 10:22:02 AM
 #65

Considering bids under 0.3 now?
Martin666
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October 05, 2012, 11:11:58 AM
 #66

You still want 0.3...?
Maybe GLBSE does not exist anymore after the weekend ?!
Looking forward to Nefarios announcement... Shocked
theymos (OP)
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October 05, 2012, 12:46:21 PM
 #67

Considering bids under 0.3 now?

Yes.

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BurtW
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October 05, 2012, 01:48:38 PM
 #68

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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October 05, 2012, 01:58:55 PM
 #69

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.
I believe he already indicated that he found out about this via a thread on this forum.

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October 05, 2012, 01:59:41 PM
 #70

https://bitcointalk.org/index.php?topic=115430.msg1244912#msg1244912

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October 05, 2012, 02:12:54 PM
 #71

That was on October 04, 2012 at 03:36:00 PM.

Maybe (as a major stockholder) he has been able to have a little chat with Nefario since then?

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
Jutarul
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October 05, 2012, 02:17:33 PM
 #72

The announcement strategy of Nefario is very irritating. Last topic was something about Yubi-Keys, so he may just refactor the site. However, this is a very unprofessional behavior. This provides a very low incentive to engage into business with the guy.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
theymos (OP)
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October 05, 2012, 02:27:48 PM
 #73

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.

I don't know what's going on. There is a shareholder meeting later today, and Nefario had better have a damn good excuse for doing this and keeping shareholders in the dark or he's unlikely to be CEO any longer.

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Shadow383
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October 05, 2012, 02:56:03 PM
 #74

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.

I don't know what's going on. There is a shareholder meeting later today, and Nefario had better have a damn good excuse for doing this and keeping shareholders in the dark or he's unlikely to be CEO any longer.
Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...
rapeghost
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October 05, 2012, 02:59:20 PM
 #75

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.

I don't know what's going on. There is a shareholder meeting later today, and Nefario had better have a damn good excuse for doing this and keeping shareholders in the dark or he's unlikely to be CEO any longer.
Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

Everything is backed up already.
theymos (OP)
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October 05, 2012, 03:17:24 PM
 #76

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups. I never downloaded any database backups. And Nefario could disable all of this if ordered to do so by a court.

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HorseRider
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October 05, 2012, 04:02:39 PM
 #77


The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups. I never downloaded any database backups. And Nefario could disable all of this if ordered to do so by a court.

Then what is the disaster backup plan? what's the difference between the suddenly death of Nefario and an order from the court preventing Nefario release the Database?

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BurtW
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October 05, 2012, 04:06:33 PM
 #78

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups. I never downloaded any database backups. And Nefario could disable all of this if ordered to do so by a court.
Wait just a cotton pickin minute here...

Someone besides Nefario has a copy of the database at all times, right?

If big brother is closing in this whole thing should be moving to a server in another jurisdiction automatically, right?

Hmmm...  Maybe that is what is happening right now (?)

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
Shadow383
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October 05, 2012, 04:18:38 PM
 #79

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups. I never downloaded any database backups. And Nefario could disable all of this if ordered to do so by a court.
Please tell me someone besides Nefario has a copy of the database...
Please?
repentance
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October 05, 2012, 04:19:42 PM
Last edit: October 05, 2012, 04:36:11 PM by repentance
 #80

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups.

How have you guys not seen this as a potential major problem?

Having access to the database doesn't necessarily mean you'd be able to migrate stocks if GLBSE becomes legally restrained from doing business, but it's critical that someone other than Nefario be able to access the database in the event of a catastrophe and it's worrying that you guys don't seem to have planned for that possibility.  Have any of you taken legal advice regarding your own liability in respect of GLBSE?  

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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