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Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

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The00Dustin
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April 03, 2012, 03:23:52 PM
 #181

If ever implemented in GLBSE, a stock split would be nice. Triple the stocks out there, everyone's shares increase proportionally (3x what they currently hold). People can buy into GLBSE with less. As the purpose of GLBSE is to introduce investing opportunities to the public without extra overhead, it makes sense to make the stocks as accessible as possible, which includes pricing them low enough for the skeptical or BTC-poor to grab a share or two.
Yeah, I was thinking about this.
And you know how I feel about it, and I think someone else (Mila, maybe) feels the same?  With Kluge leaning the same way, it may be motion time, but I believe Kluge would have to agree / request the motion based on his holdings.
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April 03, 2012, 05:16:32 PM
 #182

If ever implemented in GLBSE, a stock split would be nice. Triple the stocks out there, everyone's shares increase proportionally (3x what they currently hold). People can buy into GLBSE with less. As the purpose of GLBSE is to introduce investing opportunities to the public without extra overhead, it makes sense to make the stocks as accessible as possible, which includes pricing them low enough for the skeptical or BTC-poor to grab a share or two.
Yeah, I was thinking about this.
And you know how I feel about it, and I think someone else (Mila, maybe) feels the same?  With Kluge leaning the same way, it may be motion time, but I believe Kluge would have to agree / request the motion based on his holdings.
yes, still the same opinion (split would do good)
as far as for this feature to be supported, it _should/is_ not that complicated.
all it needs is a clean spec/request, approve the request (is it what we wanted?) and write it.
from testing to implementation is usually quick. and development is novadays also quick

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April 04, 2012, 12:37:12 PM
 #183


No DIV this week ?


Goat's account is locked.  You can watch him and Nefario argue about it like teenaged girls here:  https://bitcointalk.org/index.php?topic=67818

Stuff gets good around the 4th-5th page.
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April 04, 2012, 12:51:30 PM
 #184

It would still be reasonable for the information to be posted with an apology for the continued delay.
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April 04, 2012, 02:16:04 PM
 #185

That, and I think it's not particularly fair for Nefario to hold dividend
hostage as part of the dispute he's having with goat ...
No, it wouldn't be, but you don't know whether or not Goat asked him to distribute dividends, so you don't know if they are truly held hostage or not.
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April 04, 2012, 02:34:25 PM
 #186

I expect Goat's assets to be unfrozen within 24h, likely within 12h, and ideally, within about an hour. I believe Goat's gone to sleep now, so dividends wouldn't be paid until he wakes up. I'm just waiting on securing the documents so I can verify and give Nefario the green-light. Glad this will all be less than a footnote soon.  Smiley


Cheers,

Ben

Don't mix your coins someone said isn't legal
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April 04, 2012, 05:44:52 PM
 #187

I expect Goat's assets to be unfrozen within 24h, likely within 12h, and ideally, within about an hour. I believe Goat's gone to sleep now, so dividends wouldn't be paid until he wakes up. I'm just waiting on securing the documents so I can verify and give Nefario the green-light. Glad this will all be less than a footnote soon.  Smiley


Cheers,

Ben

I just got word that Kluge received his dividends early in secret, and was overpaid but didn't return his unfair portion making all other dividend receivers unfairly suffer. This comes from a very trusted source.

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April 04, 2012, 05:52:20 PM
 #188

I expect Goat's assets to be unfrozen within 24h, likely within 12h, and ideally, within about an hour. I believe Goat's gone to sleep now, so dividends wouldn't be paid until he wakes up. I'm just waiting on securing the documents so I can verify and give Nefario the green-light. Glad this will all be less than a footnote soon.  Smiley


Cheers,

Ben

I just got word that Kluge received his dividends early in secret, and was overpaid but didn't return his unfair portion making all other dividend receivers unfairly suffer. This comes from a very trusted source.

I just wanted to quote this so he can't get rid of this later. Sure glad you are a new reporter :/
I made a bad joke a day or two ago stating I received the magazine, giving a review, and posting a tracking number from a free Grainger catalog I ordered. Now, there are people in the BTCMag thread wondering why they haven't received a magazine yet when so many others have.  Cheesy  Lips sealed

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April 04, 2012, 06:10:43 PM
 #189

This source also claims that Kluge has an agreement to take a large amount of the dividends off the top from now on. I don't know how I feel about him doing this, but I have faith that Chaang Noi will not let this affect his other investors profits.

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April 05, 2012, 09:48:47 AM
 #190

My math shows 4.957395 of 10.4 paid out on 3/27 and an extra .10799 paid out in the correction today.  So...
10.4
-4.957395
=5.442605 (if 10.4 wasn't a rounded number)
-0.10799
=5.334615 (if 9.1 wasn't a rounded number)
Left to pay from 3/27.
I only did the math one way and one time (my payment / my shares * 1500 vs posted payout amount [10.4 on 3/27 and 9.1 today])
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April 05, 2012, 10:11:47 AM
 #191

Also I'm kinda shocked no one noticed :/

Feel free to double check my work anytime. I'm human Wink
Me too, I checked the first couple, but then I went all lazy human...  Anyway, I was in the process of double-checking, here's my alternate work involving less math (and if you want to wait for a third party, that's fine, but this will be easier for you to verify yourself):

Amounts to be paid out:
       10.4+9.1=19.5

Numbers on TyGrr page (payout per share) * 1500 shares:
.00330493*1500=4.957395
  .002892*1500=4.338
.00324666*1500=4.86999

Numbers above combined:
              19.5
              -4.957395
              -4.338
              -4.86999
              =5.334615
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April 05, 2012, 03:02:40 PM
 #192

Also I'm kinda shocked no one noticed :/

Feel free to double check my work anytime. I'm human Wink
Me too, I checked the first couple, but then I went all lazy human...  Anyway, I was in the process of double-checking, here's my alternate work involving less math (and if you want to wait for a third party, that's fine, but this will be easier for you to verify yourself):

Amounts to be paid out:
       10.4+9.1=19.5

Numbers on TyGrr page (payout per share) * 1500 shares:
.00330493*1500=4.957395
  .002892*1500=4.338
.00324666*1500=4.86999

Numbers above combined:
              19.5
              -4.957395
              -4.338
              -4.86999
              =5.334615
I verified and agree with these numbers.

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April 05, 2012, 03:44:55 PM
 #193

GLBSE with 4 accounts and assets everywhere is very hard to manage.

I imagine it would be.  Especially when they are all scams.  
What are these accusations people keep trowing at Goat at least provide some pathetic proof for your statement so that I have something I can argue against!
//DeaDTerra
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April 05, 2012, 04:48:14 PM
 #194

GLBSE with 4 accounts and assets everywhere is very hard to manage.

I imagine it would be.  Especially when they are all scams. 
Scams pay dividends? I never knew! I must invest in a few.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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April 05, 2012, 04:55:08 PM
 #195

Scams pay dividends? I never knew! I must invest in a few.

A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.
 
The system is destined to collapse because the earnings, if any, are less than the payments to investors. Usually, the scheme is interrupted by legal authorities before it collapses because a Ponzi scheme is suspected or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases.
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April 05, 2012, 05:00:25 PM
 #196

GLBSE with 4 accounts and assets everywhere is very hard to manage.

I imagine it would be.  Especially when they are all scams.  
Scams pay dividends? I never knew! I must invest in a few.

A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.
 
The system is destined to collapse because the earnings, if any, are less than the payments to investors. Usually, the scheme is interrupted by legal authorities before it collapses because a Ponzi scheme is suspected or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases.

Sound familiar?
Are you HorseRider's alt or something?

You saw all the math above about mining, right?  I guess you believe its all fake numbers and goat is somehow using his own funds from selling his own shares or...?  How many baseless accusations are going to be thrown around here?

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April 05, 2012, 05:21:54 PM
 #197

GLBSE with 4 accounts and assets everywhere is very hard to manage.

I imagine it would be.  Especially when they are all scams.  
Scams pay dividends? I never knew! I must invest in a few.

A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.
 
The system is destined to collapse because the earnings, if any, are less than the payments to investors. Usually, the scheme is interrupted by legal authorities before it collapses because a Ponzi scheme is suspected or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases.

Sound familiar?
There are a couple of flaws in your idea.
1. Why would Goat not issue all the shares? why do he still hold shares if he could just sell them and scam some more people?
2. As Goat is not selling any more shares and is not getting any new capital and he's paying dividend. Why has he not ran away yet? The best scam would be to sell the IPO and run, he would make a lot more money by running from the beginning then to payout dividends and losing his "scam money" by paying the share holders. A poinzi scam has to have more money entering the system since the IPO is already complete there is no more money entering the system
3. Goat has proved that he owns the hardware that he says he does, he has also showed his ID several times. These are not thing a scammer would provide or be able to provide.

//DeaDTerra
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April 05, 2012, 05:27:47 PM
 #198

Which one of his IPOs are you talking about? My guess is he will ask for a loan on this forum or release a new IPO within the next 6 months if he wants to maintain the Ponzi. Or he will just disappear. He is not selling more assets because the price has dropped below his listing price on his assets and he would be an even more obvious scammer if he did so. That is why he keeps putting up new listings.
I am talking about TyGrr atm. He releases more IPOs because he has new projects and companies, not because he wants to power his ponzi.
//DeaDTerra
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April 05, 2012, 05:37:42 PM
 #199

OK, I guess I'm defending Goat now...

I don't believe Goat is running a ponzi scheme.  He is running pass-thru operations to his First Pirate Savings & Trust account.  While that doesn't make him a scammer, it does make him a liar.  He's getting a higher % off his investor's BTC than he is paying out and since his operations are make believe, that can make tracking dividends and such difficult (what a tangled web we weave when we aspire to deceive).  I also don't believe he is in Thailand.  His avatar looks like a poorly photoshopped job (see black shirt on black background) and he appears to be selling honey using a 3rd party in Thailand to make it appear that he is located somewhere that he is not.  A simple 10 second video of him and his wife with some honey in Thailand would show me that I am wrong, but he doesn't want to do this for some reason.  That is why I worry about the potential of him disappearing.  He also has expressed fear in regards to Shakaru's situation of having a bounty hunter sent after him and refuses to provide the GLBSE with his identity documents.  Ask yourself this, would someone who is running an operation the size of Goat's claim, with multiple listings on the GLBSE and even larger outside projects, spend their time visiting bee farms in Thailand to sell honey for next to nothing to raise funds to be a donator?  It just doesn't add up.  Is Goat running a ponzi scheme?  I don't think so.  Is Goat a liar who cannot be trusted?  Yes.  That doesn't mean he will scam everyone, it just means he's a liar.  If you are comfortable doing business with a liar, buy his shares and enjoy the ride.  If not, don't.  I think it is that simple.

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April 05, 2012, 05:48:20 PM
 #200

OK, I guess I'm defending Goat now...

I don't believe Goat is running a ponzi scheme.  He is running pass-thru operations to his First Pirate Savings & Trust account.  While that doesn't make him a scammer, it does make him a liar.  He's getting a higher % off his investor's BTC than he is paying out and since his operations are make believe, that can make tracking dividends and such difficult (what a tangled web we weave when we aspire to deceive).  I also don't believe he is in Thailand.  His avatar looks like a poorly photoshopped job (see black shirt on black background) and he appears to be selling honey using a 3rd party in Thailand to make it appear that he is located somewhere that he is not.  A simple 10 second video of him and his wife with some honey in Thailand would show me that I am wrong, but he doesn't want to do this for some reason.  That is why I worry about the potential of him disappearing.  He also has expressed fear in regards to Shakaru's situation of having a bounty hunter sent after him and refuses to provide the GLBSE with his identity documents.  Ask yourself this, would someone who is running an operation the size of Goat's claim, with multiple listings on the GLBSE and even larger outside projects, spend their time visiting bee farms in Thailand to sell honey for next to nothing to raise funds to be a donator?  It just doesn't add up.  Is Goat running a ponzi scheme?  I don't think so.  Is Goat a liar who cannot be trusted?  Yes.  That doesn't mean he will scam everyone, it just means he's a liar.  If you are comfortable doing business with a liar, buy his shares and enjoy the ride.  If not, don't.  I think it is that simple.
I think "liar" should be replaced with "withholder of truth"

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