MPOE-PR (OP)
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October 07, 2012, 03:11:57 PM |
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You'd think weapons would be the thing to interest these imaginary "terrorists" the US gov't keeps yakking about to distract everyone from the fact they're eating food their parents wouldn't have fed to stray dogs.
Just a thought.
Few people used The Armory because the majority of users could obtain weapons cheaper, more conveniently and legally elsewhere. Delivery is the weak point for illegal goods which are physical - it's where the illegal activity is most vulnerable. Bitcoin is obviously attractive for laundering the proceeds of those illegal activities, though. With child porn, you have a product which can be delivered digitally - the weak link in the chain is payment. When you can anonymise both payment and delivery, you lessen the risk of detection. So basically the fearsome terrorists are mostly shut-in wankers of great danger. Oh how the worldview changes by the minute. Seriously now. What terrorists?
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MPOE-PR (OP)
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October 07, 2012, 03:18:02 PM |
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MatthewH3 - Again here you are giving us the inside scoop??? Also his usename is Nefario. Also what do you mean by "I think Nafario has contacted all major shareholders and won a motion to stay CEO as well". It is so interesting you have all this info but the person whole should be making official statements is no where to be found?
The guy is mostly famous for ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.qkme.me%2F3ob4dc.jpg&t=665&c=Ldp5odbMYDRntg) from his red star mining thread.
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Dalkore
Legendary
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Mining since 2010 & Hosting since 2012
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October 07, 2012, 04:06:32 PM |
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@ MPOE-PR - Here is a handy post with all of Matthewh3's updates about GBLSE. Someone said they can't PM Nefario at this point. https://bitcointalk.org/index.php?topic=117009.0
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Hosting: Low as $60.00 per KW - LinkTransaction List: jayson3 +5 - ColdHardMetal +3 - Nolo +2 - CoinHoarder +1 - Elxiliath +1 - tymm0 +1 - Johnniewalker +1 - Oscer +1 - Davidj411 +1 - BitCoiner2012 +1 - dstruct2k +1 - Philj +1 - camolist +1 - exahash +1 - Littleshop +1 - Severian +1 - DebitMe +1 - lepenguin +1 - StringTheory +1 - amagimetals +1 - jcoin200 +1 - serp +1 - klintay +1 - -droid- +1 - FlutterPie +1
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MPOE-PR (OP)
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October 09, 2012, 08:37:22 PM |
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I appreciate the fact this request was in fact granted, even if that crook theymos made a separate thread (with pretty much no substantiation).
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JoelKatz
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Democracy is vulnerable to a 51% attack.
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October 09, 2012, 09:04:38 PM Last edit: October 09, 2012, 11:02:05 PM by JoelKatz |
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I apologize for the late reply to this post, and I realize some of these issues are out of date at this point. I just noticed it, and I think it's worth replying to because the relationship GLBSE has with asset owners is not like anything ordinary stock exchanges have, and this difference seems to keep getting forgotten: Actual stock exchanges that are regulated can delist stocks for a variety of reasons (inluding no longer meeting listing requirements) and are not obligated to protect it's value. That's because they have no continuing agreement with the owner of those assets. GLBSE does. The company behind the stocks are ultimately responsible for managing the security, with or without a stock market to trade on. Again, that can't work with stocks listed on GLBSE because the issuer has no way to tell who owns the stock, no way to pay dividends, and so on. Also, it can't work because there is no alternative to GLBSE and many of these securities simply can't work without an exchange to trade on. Of course, that's not GLBSE's fault or responsibility, but it is something GLBSE is obligated to take into account when it decides to delist an asset -- you can't harm people that reasonably relied on you, and to whom you have a continuing obligation, arbitrarily. To defraud would have required Nefario to steal those customers funds and run with them. Which he may have done. We don't know. Given that there's no way issuers can redeem the assets through actions we can attribute to Nefario, there is no reason to give him the benefit of the doubt here. The people who bought stocks through GLBSE relied on GLBSE to protect their ownership of the assets and it is GLBSE's default that has totally cut them off from that interest. Nobody can recover that interest without at least GLBSE's assistance. Fraud is committed on major stock exchanges and those stock exchange can delist stocks no longer fitting the requirements. They are not normally held responsible for that however, they are simply a medium for company and investors to trade assets. That an asset gets delisted does not prevent it's trade over-the-counter between whoever is willing to trade the assets or the company to pay the shareholders. Right, but that reasoning is not applicable to GLBSE because asset owners have a continuing relationship with GLBSE to track their ownership interest and facilitate buybacks, handle dividends, and so on. And, so far as we know, this wasn't a delisting for cause. Also, GBLSE could have delisted the asset in a way that protect its customers' ownership interest but chose not to for no reason. Customers had every right to rely on GLBSE to preserve their ownership interest and it appears Nefario didn't even consider this at all. To so totally disregard a contractual obligation is shocking. He had to have known this would seriously harm his customers. I can only agree to the fact that the delisting was rashly and poorly executed, definitely in an attempt to sanction Chaang. I can also agree that the delisting method provided for proof of ownership is poorly adequate. And it harmed GLBSE's customers -- customers who reasonably relied on GLBSE to protect their ownership interest. Due directly to this action, those people have currently 100% lost the value of that ownership interest -- an interest they can only get back if GLBSE acts.
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I am an employee of Ripple. Follow me on Twitter @JoelKatz 1Joe1Katzci1rFcsr9HH7SLuHVnDy2aihZ BM-NBM3FRExVJSJJamV9ccgyWvQfratUHgN
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Beans
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October 10, 2012, 01:00:25 AM |
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I doubt any action can be taken against Nefario if he does nothing. If he gives out the information, people could possible claim losses because of his actions. The shares basically have no trading value now, and issuers can't be expected to pay forever. It makes a real mess for repurchasing shares and the only person to blame is Nefario. He may stay quiet to avoid blow back on that issue.
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TheBible
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October 12, 2012, 01:05:32 AM |
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This is bitcointalk. You only get a scammer tag weeks after you've already run with the money and are never coming back.
Also, moderators were in on Nefario's scam, so you can bet that he'll never get hit with a scammer tag. This place is great proof that even in a "Free Market", the corrupt will rise to the top and use their power to benefit themselves at the cost of the health of the community.
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strello
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October 12, 2012, 01:24:10 AM |
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@The Bible
Nefario was given a scammer tag days ago.
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It is futile to speak of liberty as long as economic slavery exists. My GPG key
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chrisrico
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October 12, 2012, 03:23:24 AM |
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@The Bible
Nefario was given a scammer tag days ago.
LOL
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BadBear
v2.0
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Merit: 1128
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October 12, 2012, 03:56:09 AM |
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This is bitcointalk. You only get a scammer tag weeks after you've already run with the money and are never coming back.
Also, moderators were in on Nefario's scam, so you can bet that he'll never get hit with a scammer tag. This place is great proof that even in a "Free Market", the corrupt will rise to the top and use their power to benefit themselves at the cost of the health of the community.
You're way behind on your conspiracy theories, do try and keep up.
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Bitcoin Oz
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October 12, 2012, 04:44:24 AM |
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This is bitcointalk. You only get a scammer tag weeks after you've already run with the money and are never coming back.
Also, moderators were in on Nefario's scam, so you can bet that he'll never get hit with a scammer tag. This place is great proof that even in a "Free Market", the corrupt will rise to the top and use their power to benefit themselves at the cost of the health of the community.
You're way behind on your conspiracy theories, do try and keep up. Theymos and badbear gave Nefario the scammers tag because Nefario hurt the share price of GLBSE despite Theymos losing the vote to remove Nefario as CEO. Theymos lost the vote, and while the shareholders meeting was still going on Theymos called Nefario a scammer to get leverage. Neferio did not back down and so far Theymos has not either. In this case the scammers tag is just being used as leverage but has caused significant damage to the forum and to all involved. What is kinda funny is that now by giving the tag to Nefario Theymos opened it up to himself getting the tag as he is now claiming no responsibility for the actions of his company despite the contract Theymos agreed to says that he will. Either Theymos is ignorant or a scammer. He holds a large amount of GLBSE coin and some of the coin is owed to me. I do wonder how this will get resolved. Its my understanding Theymos has returned the coins to CHM and Nefario has not, thus he has no excuse for not paying out.
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BadBear
v2.0
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Merit: 1128
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October 12, 2012, 04:57:25 AM |
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This is bitcointalk. You only get a scammer tag weeks after you've already run with the money and are never coming back.
Also, moderators were in on Nefario's scam, so you can bet that he'll never get hit with a scammer tag. This place is great proof that even in a "Free Market", the corrupt will rise to the top and use their power to benefit themselves at the cost of the health of the community.
You're way behind on your conspiracy theories, do try and keep up. Theymos and badbear gave Nefario the scammers tag because Nefario hurt the share price of GLBSE despite Theymos losing the vote to remove Nefario as CEO. Theymos lost the vote, and while the shareholders meeting was still going on Theymos called Nefario a scammer to get leverage. Neferio did not back down and so far Theymos has not either. In this case the scammers tag is just being used as leverage but has caused significant damage to the forum and to all involved. What is kinda funny is that now by giving the tag to Nefario Theymos opened it up to himself getting the tag as he is now claiming no responsibility for the actions of his company despite the contract Theymos agreed to says that he will. Either Theymos is ignorant or a scammer. He holds a large amount of GLBSE coin and some of the coin is owed to me. I do wonder how this will get resolved. Thanks for getting him caught up ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .
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Bitcoin Oz
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October 12, 2012, 05:12:53 AM |
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This is bitcointalk. You only get a scammer tag weeks after you've already run with the money and are never coming back.
Also, moderators were in on Nefario's scam, so you can bet that he'll never get hit with a scammer tag. This place is great proof that even in a "Free Market", the corrupt will rise to the top and use their power to benefit themselves at the cost of the health of the community.
You're way behind on your conspiracy theories, do try and keep up. Theymos and badbear gave Nefario the scammers tag because Nefario hurt the share price of GLBSE despite Theymos losing the vote to remove Nefario as CEO. Theymos lost the vote, and while the shareholders meeting was still going on Theymos called Nefario a scammer to get leverage. Neferio did not back down and so far Theymos has not either. In this case the scammers tag is just being used as leverage but has caused significant damage to the forum and to all involved. What is kinda funny is that now by giving the tag to Nefario Theymos opened it up to himself getting the tag as he is now claiming no responsibility for the actions of his company despite the contract Theymos agreed to says that he will. Either Theymos is ignorant or a scammer. He holds a large amount of GLBSE coin and some of the coin is owed to me. I do wonder how this will get resolved. Its my understanding Theymos has returned the coins to CHM and Nefario has not, thus he has no excuse for not paying out. I would like to understand why CHM now has the GLBSE coins from Theymos? Why is Theymos not doing his job watching the coins? Now I have to go after CHM to get my coin back? This just silly... Theymos knew Nefario was not communicating with me and was not giving me back all of my coin. Why did he pass this mess on to CHM? We didnt want Nefario to get the coins so CHM was chosen as an escrow. Nefario has no excuse now to not return the coins he holds as this was his sole reason for not returning them. I know this is byzantine and retarded but it would probably take yet another meeting to do what should have been done last week.
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Yolocoin
Member
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Offline
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Merit: 10
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October 12, 2012, 08:02:52 AM |
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This is bitcointalk. You only get a scammer tag weeks after you've already run with the money and are never coming back.
Also, moderators were in on Nefario's scam, so you can bet that he'll never get hit with a scammer tag. This place is great proof that even in a "Free Market", the corrupt will rise to the top and use their power to benefit themselves at the cost of the health of the community.
Yep. Hell, bitcointalk.org is run by MtGox even after both MtGox and Bitcointalk were both "hacked." For all the users complaining about "regulatory capture" in the fiat world, why isn't anyone raising a flag over the simple fact that "MtGox == Bitcoin."
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TheBible
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October 14, 2012, 04:24:26 AM |
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@The Bible
Nefario was given a scammer tag days ago.
And Theymos? At the level he was involved, I find it very hard to believe he had no clue what was happening. Then again, bitcointalk. You'll defend your scammers even as they're openly robbing you blind. Only after they split will you start craving blood.
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chrisrico
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October 15, 2012, 01:02:40 AM |
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And Theymos? At the level he was involved
And at what level exactly was Theymos involved? And involved with what, exactly?
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Yolocoin
Member
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October 15, 2012, 02:11:56 AM |
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And Theymos? At the level he was involved
And at what level exactly was Theymos involved? And involved with what, exactly? Significant ownership of a private partnership company, where liability is shared amongst the owners.
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DiabloD3
Legendary
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Merit: 1000
DiabloMiner author
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October 15, 2012, 02:16:59 AM |
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And Theymos? At the level he was involved
And at what level exactly was Theymos involved? And involved with what, exactly? Significant ownership of a private partnership company, where liability is shared amongst the owners. ~23%. Theymos also initiated a vote to remove nefario as CEO, and was outvoted. He then tried to sell his shares in the company because he refused to invest in a company that the CEO refused to listen to the board.
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theymos
Administrator
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October 15, 2012, 03:35:58 AM |
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Is that true? I heard Nefario won the vote. It seems to me the majority of the GLBSE shareholders voted to keep Nefario as CEO and that he was doing the right thing.
If Nefario did lose that vote then he should have the tag for that... Would be simple, black and white... But I don't think that is what happened.
I lost a vote to remove Nefario as CEO, even though most shareholders at the meeting supported me in this. This does not imply that Nefario would have won a 50% vote to shut down GLBSE, since BitcoinGlobal strangely has no concept of quorum and not every shareholder was at the meeting. Also, it is against the bylaws to shut down GLBSE without a 66% vote. ~23%. Theymos also initiated a vote to remove nefario as CEO, and was outvoted. He then tried to sell his shares in the company because he refused to invest in a company that the CEO refused to listen to the board.
3.3%. (I was selling additional shares owned by other people.) I tried to sell shares long before the vote to remove Nefario, over issues unrelated to the GLBSE shutdown.
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1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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DiabloD3
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Merit: 1000
DiabloMiner author
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October 15, 2012, 04:30:42 AM |
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And Theymos? At the level he was involved
And at what level exactly was Theymos involved? And involved with what, exactly? Significant ownership of a private partnership company, where liability is shared amongst the owners. ~23%. Theymos also initiated a vote to remove nefario as CEO, and was outvoted. He then tried to sell his shares in the company because he refused to invest in a company that the CEO refused to listen to the board. Is that true? I heard Nefario won the vote. It seems to me the majority of the GLBSE shareholders voted to keep Nefario as CEO and that he was doing the right thing. If Nefario did lose that vote then he should have the tag for that... Would be simple, black and white... But I don't think that is what happened. Sorry if I wasn't clear: I said Theymos lost the vote. Theymos started the vote because nefario wouldn't listen to the board, the rest of the board decided to keep nefario, Theymos ragequit the board. I don't see why Theymos should actually get a scammer tag, he did everything possible to remove nefario, nefario refused to either leave or stop fucking up, so Theymos washed his hands of it and waved to the Bitanic as it left dock for its maiden voyage.
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