burger
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November 18, 2012, 09:57:32 PM |
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Okay it seems like we will do a payout For anyone unhappy with this contact me and I am sure we can reach some sort of compromise. To the rest a payout will be done today or tomorrow, It will indeed be done by calculating each investors total % of the fund and then paying out a proportionate amount to the 430 BTC. //DeaDTerra Well, "today or tomorrow" came and went, and no sign of any repayment. What's happening DeadTerra? See my post above MtGox limit of 200 BTC ^^ I need to wait 24 hours to get out the last 35 Bitcoins. //DeaDTerra hmm.. my limit is 2000 BTC but then I have an authenticator and yubikey.
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DeaDTerra (OP)
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November 19, 2012, 08:05:31 PM |
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Payouts are being sent out manually as we speak If anyone wants to change their withdraw address now is a good time to say so. I will not be held accountable for transactions sent to a old address. //DeaDTerra
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DeaDTerra (OP)
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November 19, 2012, 08:37:45 PM |
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All transactions has been sent out except the following: # 5 6 8 31 57 84 If you have these investor numbers you need to give me a withdraw address. Thank you //DeaDTerra
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lenny_
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DARKNETMARKETS.COM
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November 19, 2012, 10:54:36 PM |
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Payment received. Thanks!
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strello
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November 19, 2012, 11:54:41 PM |
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Payment received.
Thanks for turning my 100 btc into 4.7!
What I don't understand now is what happened with all your talk for weeks before the GLBSE crash about pulling assets out of there and putting them somewhere safer.
For example on September 14th:
"I have now invested some in Bitcoinrain as well as placed some btc in our margin trading bot."
September 9th:
"GLBSE is a unsafe place right now and I will keep liquidating our GLBSE position, moving into bot trading and safer deposits."
September 7th:
"I have managed to liquidate 600 BTC of assets on GLBSE and we are slowly reducing out exposure to GLBSE, I also have a 600 BTC loan that will be returned today, which means that We will have a lot of capital to place."
Not to mention all the enthusiasm for the trading bots and your exciting new project after the London debacle conference.
I guess we have to be thankful that you are still round, and have the balls to keep going and return a tiny fraction of our investments. But I, for one, wonder if there was some sort of scamming going on, especially as you seemed to be very close to that fuckwit Nefario your pal James.
At the end a lot of lucky people had bailed out, but you were still holding around 7000 Bitcoins- that's around $80,000 at todays prices. You clearly saw the GLBSE problems coming. Were all those 1200 in loans bad? Were these huge losses just stupidity or incompetence?
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It is futile to speak of liberty as long as economic slavery exists. My GPG key
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DeaDTerra (OP)
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November 20, 2012, 06:01:19 AM |
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Payment received.
Thanks for turning my 100 btc into 4.7!
What I don't understand now is what happened with all your talk for weeks before the GLBSE crash about pulling assets out of there and putting them somewhere safer.
For example on September 14th:
"I have now invested some in Bitcoinrain as well as placed some btc in our margin trading bot."
September 9th:
"GLBSE is a unsafe place right now and I will keep liquidating our GLBSE position, moving into bot trading and safer deposits."
September 7th:
"I have managed to liquidate 600 BTC of assets on GLBSE and we are slowly reducing out exposure to GLBSE, I also have a 600 BTC loan that will be returned today, which means that We will have a lot of capital to place."
Not to mention all the enthusiasm for the trading bots and your exciting new project after the London debacle conference.
I guess we have to be thankful that you are still round, and have the balls to keep going and return a tiny fraction of our investments. But I, for one, wonder if there was some sort of scamming going on, especially as you seemed to be very close to that fuckwit Nefario your pal James.
At the end a lot of lucky people had bailed out, but you were still holding around 7000 Bitcoins- that's around $80,000 at todays prices. You clearly saw the GLBSE problems coming. Were all those 1200 in loans bad? Were these huge losses just stupidity or incompetence?
I saw the problems coming, I saw a recession dawning, but I didn't know there would be a total crash and shut down. So I liquidates slowly using the higher part of the spread, placing the lowest ask for all out assets, but as GLBSE had low volume this was a slow process. As said it liquidated about 300-500 Bitcoins a week, if I would have liquidated to the lower spread we would have lost 10-20% as the massive amount of volume we would sell would cause the markets to crash. If I knew that there would be a crash I would have sold it all independent of the potential lose and damage to the market, but as I believe that it was only temporary, I did not. James would not benefit from the assets on GLBSE but only through Liquidat Bitcoins on the exchange, all the bitcoins on the actual exchange was returned to us, hence there's not really any motive for a scam. Except if I also were the issuer to all out assets, then I could profit but otherwise no xD Some of the loans went bad, I guess it's partly stupidity and partly incompetence, the hard part of the Bitcoin security market is that people can promise things, and even if they have backups like confirmed ID etc, they can still bail on their promise and there isn't much I can do about it. I am working on getting bad Matts loan as well as the loan to IMSA guy. On the plus side, Nefario has started sending out share holder information at least that's what he has told me I have yet to confirm with any issuer. //DeaDTerra
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lenny_
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DARKNETMARKETS.COM
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November 20, 2012, 08:03:03 AM |
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So, how many assets we still have outside of GLBSE? Are your trading bot still running and making profit?
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DeaDTerra (OP)
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November 20, 2012, 12:46:27 PM |
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So, how many assets we still have outside of GLBSE? Are your trading bot still running and making profit?
We have about 1.2k BTC in investments out side of GLBSE though it's unsure if and when these assets will be liquidate. No the trading bot is no longer running with investment fund money as it was voted for all liquid assets to be paid out to the investors. //DeaDTerra
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lenny_
Legendary
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Activity: 1036
Merit: 1000
DARKNETMARKETS.COM
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November 20, 2012, 05:52:26 PM |
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Are those investments outside of GLBSE (1.2k) still making any profit?
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DeaDTerra (OP)
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November 20, 2012, 06:40:00 PM |
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Are those investments outside of GLBSE (1.2k) still making any profit?
A majority are not but some are. //DeaDTerra
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burger
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November 20, 2012, 11:01:42 PM |
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DeaDTerra (OP)
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November 21, 2012, 07:15:17 AM |
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Yes I have , I talked to Nefario and Gigavps as well. //DeaDTerra
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jimbobway
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November 28, 2012, 12:10:49 AM |
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Anything new on further refunds? Is Matt going to pay back his loan for the ellet? What about everyone else's loans?
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Bitcoin Oz
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November 28, 2012, 12:28:30 AM |
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Oh and by the way there's a BIG thread on the German subforum (in German) about him, as he seemed to operate the now broke exchange "mybitcontrade" as well as offering several financial products there. He seems to pay back small amounts recently though to some of his debtors after a lot of them threatened to got to (or went to) the police and/or file charges. I'd recommend you to read more about it in this thread (in the end - the beginnning is still about the oh-so-great GLBSE ripoff page...): https://bitcointalk.org/index.php?topic=37320Shortly after I reported him as a scammer in a thread he shut down https://bitcointalk.org/index.php?topic=81357.msg1176525#msg1176525
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DeaDTerra (OP)
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November 28, 2012, 07:23:26 AM |
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Anything new on further refunds? Is Matt going to pay back his loan for the ellet? What about everyone else's loans?
Matt has claimed that once he liquidates his holding in Bitcoin Magazine (he has shares in the Bittalk company), he will repay his debt to us. We are also liquidating our shares in BitTalk. Imsaguy, is still around, he's mining through his debt slowly but surely, it will probably be a very slow progress but he has the intent to pay back. Bitcoin rain has already been liquidated and paid out. Other then that we only owe GLBSE assets. //DeaDTerra
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iCEBREAKER
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Crypto is the separation of Power and State.
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November 28, 2012, 07:41:35 AM |
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Anything new on further refunds? Is Matt going to pay back his loan for the ellet?
Matt has claimed that once he liquidates his holding in Bitcoin Magazine (he has shares in the Bittalk company), he will repay his debt to us. Was that the original agreement with Matt?
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DeaDTerra (OP)
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November 28, 2012, 07:45:57 AM |
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Anything new on further refunds? Is Matt going to pay back his loan for the ellet?
Matt has claimed that once he liquidates his holding in Bitcoin Magazine (he has shares in the Bittalk company), he will repay his debt to us. Was that the original agreement with Matt? The original contract was I lend him 1500$ and he repays 3000$ personally within a year. He was going to stand for the backing of the loan and not ellet, at the time that seemed more secure... Before all of this Pirate bullshit, That was in June, so he still has some time to pay it back, he has until the 20th of March to pay back the loan, but both of us has agreed that he should pay it back as soon as possible. //DeaDTerra
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jimbobway
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Activity: 1304
Merit: 1014
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November 28, 2012, 06:55:21 PM |
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Anything new on further refunds? Is Matt going to pay back his loan for the ellet?
Matt has claimed that once he liquidates his holding in Bitcoin Magazine (he has shares in the Bittalk company), he will repay his debt to us. Was that the original agreement with Matt? The original contract was I lend him 1500$ and he repays 3000$ personally within a year. He was going to stand for the backing of the loan and not ellet, at the time that seemed more secure... Before all of this Pirate bullshit, That was in June, so he still has some time to pay it back, he has until the 20th of March to pay back the loan, but both of us has agreed that he should pay it back as soon as possible. //DeaDTerra Do we have a repoman of some sort to expedite this process?
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Timbo925
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December 10, 2012, 09:21:55 PM |
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Just wondering if you already in the process off claiming shares. Looks like a lot of issue-holders got there lists
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strello
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December 10, 2012, 11:50:53 PM |
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Yes, is there any news on reclaiming shares? Several issuers have already starting paying out on some of my shares. It looks like many issuers which GBF apparently holds have already got the shareholder lists from Nefario.
Also, as the GBF assets sheet shows that you had invested 1000 btc with ziggy star, have you got any plans to take legal action to try to recover any of this?
I know this must be a lot of work for you, but I think it would be a good time to have an update on the situation as these last few days have thankfully brought some progress at last.
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It is futile to speak of liberty as long as economic slavery exists. My GPG key
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