Bitcoin Forum
December 11, 2016, 06:36:46 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: a few questions about GLBSE  (Read 3504 times)
2112
Legendary
*
Offline Offline

Activity: 1708



View Profile
October 06, 2012, 08:34:52 PM
 #21

So, why not just comply  with the SEC and make GLBSE legal? I know  easier said than done, but doable, right?
Not enough: money, brains, business acumen, future revenue, etc. Not doable at all with the current executive team and the current board of directors.

Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481438206
Hero Member
*
Offline Offline

Posts: 1481438206

View Profile Personal Message (Offline)

Ignore
1481438206
Reply with quote  #2

1481438206
Report to moderator
1481438206
Hero Member
*
Offline Offline

Posts: 1481438206

View Profile Personal Message (Offline)

Ignore
1481438206
Reply with quote  #2

1481438206
Report to moderator
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756



View Profile
October 06, 2012, 11:55:08 PM
 #22

So, why not just comply  with the SEC and make GLBSE legal? I know  easier said than done, but doable, right?
Not enough: money, brains, business acumen, future revenue, etc. Not doable at all with the current executive team and the current board of directors.


Kramerica Industries!

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
repentance
Hero Member
*****
Offline Offline

Activity: 840


View Profile
October 07, 2012, 12:15:37 AM
 #23

So, why not just comply  with the SEC and make GLBSE legal? I know  easier said than done, but doable, right?
Not enough: money, brains, business acumen, future revenue, etc. Not doable at all with the current executive team and the current board of directors.


This actually applies to a lot of Bitcoin ventures offering financial products/services, not just GBLSE.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
Dunster
Jr. Member
*
Offline Offline

Activity: 54


View Profile
October 07, 2012, 01:17:37 AM
 #24

It's the offering of securities to Americans that triggers SEC jurisdiction. The offeror has to comply with US law to do that. Many of the GLBSE listed "companies" are in the United States.

GLBSE itself is hosted in Portugal, not China. Portugal is part of the European Union, and so the common European regulations on securities, enforced by the European Securities and Markets Authority, apply.

I guess this means that the next innovation in self clearing of electronic securities will be happening outside of the US and EU. And, hopefully this innovation can break the monopoly of DTC http://www.dtcc.com/. The future holds self offering , buying, selling and clearing of shares with no corporations just stakeholders in ideas and projects.  Cheesy

Its not how many Bitcoins you have, it's how you use them.
markm
Legendary
*
Offline Offline

Activity: 1792



View Profile WWW
October 09, 2012, 08:21:27 AM
 #25

The investment club sounds like it might work for Moderately Multiplayer online games, though creating networks of such entities that between them accomodate many more people than the 100 maximum any one of them needs to restrict itself to could be tricky.

The matter of having passive members is often built into even to simple PHP-using-MySQL web based games, in the automatic removal of idle players. Fail to play for some number of days and poof, you are no longer a player thus if the game is to be construed as an investment club you are no longer a member of the club.

Take a simple often-cloned game idea such as "O-Game clones" such as 2Moons, XNova, Xnova Redesigned and suchlike.

Each player chooses whether to "invest" in power plants, metal mines, crystal mines, deuterium sythesisers, defenses, attack fleets, cargo fleets and so on. They are not even forced to all "invest" in a co-ordinated way, they can all individually choose different "investments"...

-MarkM-

Browser-launched Crossfire client now online (select CrossCiv server for Galactic  Milieu)
Free website hosting with PHP, MySQL etc: http://hosting.knotwork.com/
Desolator
Sr. Member
****
Offline Offline

Activity: 392



View Profile
October 11, 2012, 01:22:21 PM
 #26

So, why not just comply  with the SEC and make GLBSE legal? I know  easier said than done, but doable, right?
Yeah, they should really do that before someone from the government shuts them down...oh wait! Tongue
nameface
Sr. Member
****
Offline Offline

Activity: 406


View Profile
October 15, 2012, 04:15:11 AM
 #27



Kramerica Industries!
[/quote]

+111
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!