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Author Topic: Nefario is starting new bitcoin exchange  (Read 1578 times)
carlos
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October 29, 2013, 11:30:12 AM
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Nefario is again in bitcoin business. After closing GLBSE he is back with new service - bitcoin trading exchange - coinfloor.com.

http://www.wired.co.uk/news/archive/2013-10/29/coinfloor-launch

What do you think?

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A senior developer at the company is James McCarthy, AKA Nefario, who launched the Global Bitcoin Stock Exchange in 2011. The stock exchange grew rapidly, but was closed down in October 2012 because of concerns McCarthy had, after speaking to a lawyer, of being accused of money laundering after speaking to a lawyer.

He is notorically known for withholding user's bitcoins for weeks without notifying them with any solid info or any release ETA.

Would you put your bitcoin in trust with Nefario again?

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October 29, 2013, 11:35:10 AM
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Seems like his lawyers gave him some pretty bad advice regarding the closure of GLBSE, since he is now doing pretty much exactly the same thing again, but having to start from scratch.
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November 01, 2013, 12:47:35 PM
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i dont know him but i notice that alot of people had bad experience with him.   Roll Eyes

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November 02, 2013, 03:27:16 PM
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Wow. I encourage everyone who does not own a 300 meter pole to avoid touching this thing.

I recommend asking me for a signature from my GPG key before doing a trade. I will NEVER deny such a request.
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November 03, 2013, 06:40:54 PM
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I've used GLBSE as a storage wallet back in the day. After being inactive for a few months, the website was suddenly gone and my btc as well. I've sent a few emails (once per month), but never got any response at all. I thought he closed the website, took the money and ran off to south America or something like that.

Is there any way to still contact this guy to get my btc back ? At this point they would be worth thousands of dollars...

That said, I'd strongly advise people to stay away.
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November 03, 2013, 06:47:50 PM
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Maybe he took all the money and started a new bitcoin exchange.
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