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Author Topic: Diablo Mining Company  (Read 95691 times)
MPOE-PR
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September 22, 2012, 09:07:36 PM
 #681

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I doubt MPEx would still be there in 10 years is what I really mean.

You may doubt whatever. Fact of the matter is you're nobody and don't matter two spits.

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The operator is basically anonymous and runs a porn site on the same server.

The operator is one of the very few people involved in Bitcoin using his own name, rather than some bs alias. He's been on the internet, on the same site, for years. He's been running the same company, for years. In this context "for years" means more than five. I would like to see who exactly on this forum satisfies both these criteria. I doubt you can find five people.

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Anonymous entities and bitcoin financial services  has proven in the past to be a bad combination and people would be nuts to send any coins to such services.By urging people to invest in such services you are actually doing the community a disservice and teaching people bad habits. People should boycott anonymous financial services not encourage them. 

Get off your high horse, idiot.

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September 22, 2012, 09:15:29 PM
 #682

you're nobody and don't matter two spits.
Get off your high horse, idiot.
Stop with the bullshit. Have you as much as tried to google Mircea Popescu?
The reason he's not here talking to you is quite simply that you're not quite good enough. Not quite important enough. Not quite rich enough. To matter. So you're stuck with me. That is all.

Your public relations skills (or lack thereof) are causing many people to avoid MPEX.

You are doing yourself a disservice.
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September 22, 2012, 09:44:19 PM
 #683

The operator is one of the very few people involved in Bitcoin using his own name, rather than some bs alias. He's been on the internet, on the same site, for years. He's been running the same company, for years. In this context "for years" means more than five. I would like to see who exactly on this forum satisfies both these criteria. I doubt you can find five people.

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Anonymous entities and bitcoin financial services  has proven in the past to be a bad combination and people would be nuts to send any coins to such services.By urging people to invest in such services you are actually doing the community a disservice and teaching people bad habits. People should boycott anonymous financial services not encourage them. 

Get off your high horse, idiot.

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September 23, 2012, 03:35:28 AM
 #684

Seems usagi forgot to inform this thread.

nefario has pushed the date for motion 127 to the 23rd. The original date (18th?) already passed, and he pushed it back to the 23rd in the final hours of the vote. Only nefario knows what the final tally was.

In addition, nefario has been unable to get two other people audit DMC's records, and refuses to name the one person doing it. What I do know, that one person he did get is not smickles, the community's only accountant. Since nefario refuses to name the auditor ahead of time, shareholders do not get to vote on the confirmation

Also, I've spoken with smickles, hes very interested in taking DMC on as his first client with his new accounting firm, although because hes in the middle of moving, the September report on Oct 1st will either be done by him and be late or be done by me for the last time and be on time.

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September 23, 2012, 08:06:14 AM
 #685

Today is the 23rd. Time flies.

Everyone who hasn't voted no on the motion, please go do that now.

https://glbse.com/vote/view/127

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September 23, 2012, 08:36:29 AM
 #686

Today is the 23rd. Time flies.

Everyone who hasn't voted no on the motion, please go do that now.

https://glbse.com/vote/view/127

You have not given any reason to vote No.
So far, there is no audit done in this train wreck. I offered my help (my wife is accountant) but I was told by D3 "No".
I guess he knows how embarrassing the results will be.

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
DiabloD3
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September 23, 2012, 09:45:41 AM
 #687

Today is the 23rd. Time flies.

Everyone who hasn't voted no on the motion, please go do that now.

https://glbse.com/vote/view/127

You have not given any reason to vote No.
So far, there is no audit done in this train wreck. I offered my help (my wife is accountant) but I was told by D3 "No".
I guess he knows how embarrassing the results will be.


I said no because we need accountants that are well known and have good standings in the community, plus have to be agreed on by me, nefario, and the shareholders.

No one knows your wife, and you certainly don't have a good standing in the community that she can borrow.

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September 23, 2012, 09:49:59 AM
 #688

Today is the 23rd. Time flies.

Everyone who hasn't voted no on the motion, please go do that now.

https://glbse.com/vote/view/127

You have not given any reason to vote No.
So far, there is no audit done in this train wreck. I offered my help (my wife is accountant) but I was told by D3 "No".
I guess he knows how embarrassing the results will be.


I said no because we need accountants that are well known and have good standings in the community, plus have to be agreed on by me, nefario, and the shareholders.

No one knows your wife, and you certainly don't have a good standing in the community that she can borrow.

LOL. If you do not trust my calculations, you are personally more than welcome to go over those.
Actually, there is absolutely no need for accountant. Those few trades and transfers you made do not need CPA. This is just another BS to muddy the waters. 
 

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
MPOE-PR
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September 23, 2012, 04:08:58 PM
 #689

Mark: the point is for the website to be still active, not in webarchive.

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September 23, 2012, 04:41:33 PM
 #690

After the dot-com crash it turned into a useless cost year after year. I keep the domains, and even point the subdomains places from time to time, but eventually the extended-HTML webserver I used got hard to update too so one year I figured its just not worth the hours it would take to get it all working yet again on yet another new machine. Archive.org is actually better in some ways than running a site myself, it is one thing to write on my own page I've been around a while, quite another to get archive.org to verify that.

The only websites I have on my domains right now is in my .sig, http://hosting.knotwork.com/ which just points at an affiliate site and http://mudgaard.knotwork.com:27744 which is a CoffeeMUD instance.

I have my Open Transactions server at ot.knotwork.com

Not that any of this is really on topic or anything like that, of course.

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DiabloD3
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September 24, 2012, 07:36:00 AM
 #691

Motion 127 is now closed.

Voted Yea:4775
Voted Nay:10141

Nefario failed to gain his needed 66% of the votes to pass his motion. I remain CEO.

EskimoBob
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September 24, 2012, 09:40:49 AM
 #692

Motion 127 is now closed.

Voted Yea:4775
Voted Nay:10141

Nefario failed to gain his needed 66% of the votes to pass his motion. I remain CEO.

It's a sad day for DMC (I hope I am proved wrong). 
And one more thing. It was not Nefario vs You, you dimwitted fuck, but you vs shareholders who are sick of your bull shit and obvious incompetence.
Nefario was just a delivery-boy.
What makes it really sad day, is that we never find out how badly you have ripped off your investors. We still have no idea how you managed to rob us and lose 90% of the NAV.

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
deeplink
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September 24, 2012, 10:19:15 AM
 #693

What makes it really sad day, is that we never find out how badly you have ripped off your investors. We still have no idea how you managed to rob us and lose 90% of the NAV.

Highest bid price on GBLSE is 0.0033 BTC.

As it stands now, he managed to loose 99,7% of shareholders value.
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September 24, 2012, 11:12:35 AM
 #694

Why was Asicsminer sold off? Did you not trade a lot of different stuff to get a lot of it?

I traded ASICMINER into OBSI.ABMO for 1:2 ABMO shares which....

1: Provided ABMO with half the ASICMINER shares it has, which....
2: Combined with the trade of OBSI.1MHS, DMC is around 50% of ABMO, and....
3: Obsi also traded his own ASICMINER into ABMO and purchased a few more which is the other half of ABMO's ASICMINER shares, which...
4: Means DMC's half of ABMO is now backed by around the same number of ASICMINER shares it traded into ABMO, which....
5: Means we get paid not only the original ASICMINER dividends we would have had anyhow, ...
6: We get paid dividends now on ABMO's existing ABMO hardware and....
7: Future dividends on BFL SC upgrades are also ours and...
8: ASICMINER at the time was around 0.10, two shares of ABMO at the time were 0.20, thus we doubled the book value of the investment, and...
9: This insulates from the risk of ASICMINER somewhat.

tl;dr: We doubled book value of the asset, added short term profits, possibly doubled long term profits (maybe even tripled), and became nearly majority owner in ABMO.

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September 24, 2012, 12:51:38 PM
 #695

Well okay, it is nice to know what you did, but are you aware the highest bid for OBSI.ABMO is .01 and the highest bid for Asicminer is well over 10 times or 1000% higher?

How did you double your book value? It looks to me you lost over 80%  ?

This is why even nefario calls you a troll.

Due to GLBSE's habitual lack of good (or sometimes any) bids across almost every asset, people use asks instead of bids to measure book value.

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September 24, 2012, 12:59:59 PM
 #696

Well okay, it is nice to know what you did, but are you aware the highest bid for OBSI.ABMO is .01 and the highest bid for Asicminer is well over 10 times or 1000% higher?

How did you double your book value? It looks to me you lost over 80%  ?

This is why even nefario calls you a troll.

Due to GLBSE's habitual lack of good (or sometimes any) bids across almost every asset, people use asks instead of bids to measure book value.

That doesnt make it right though and its a bad habit and seemingly dishonest.

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September 24, 2012, 01:18:30 PM
 #697

Well okay, it is nice to know what you did, but are you aware the highest bid for OBSI.ABMO is .01 and the highest bid for Asicminer is well over 10 times or 1000% higher?

How did you double your book value? It looks to me you lost over 80%  ?

For once Im gonna agree with goat. Its even worse than that, read the obsi.ambo contract. He is paying himself 10 shares per day and is under no obligation to pay a single penny in dividends. He is also unverfied on glbse and runs at least one other ponzi.

I would estimate the loss at closer to 100%.
DiabloD3
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September 24, 2012, 02:49:31 PM
 #698

I still do not know enough about this to know if Nefario had a right to lock down your account but I understand why shareholders are upset.

Look at the final outcome of motion 127: the shareholders are not and never were upset. This is something nefario did to... do... something. I mean, he claims he wasn't planning on running off with the DMC assets and fuck DMC shareholder; so what was he actually trying to achieve? Whatever it was, it wasn't in the best interest of DMC shareholders or the community at large.

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September 24, 2012, 02:52:53 PM
 #699

Well okay, it is nice to know what you did, but are you aware the highest bid for OBSI.ABMO is .01 and the highest bid for Asicminer is well over 10 times or 1000% higher?

How did you double your book value? It looks to me you lost over 80%  ?

This is why even nefario calls you a troll.

Due to GLBSE's habitual lack of good (or sometimes any) bids across almost every asset, people use asks instead of bids to measure book value.

That doesnt make it right though and its a bad habit and seemingly dishonest.

Yeah I was not trolling I was trying to see why Nefario locked down your account. I think something has to be really really wrong for that to be justified.

However faking your books is not really a good thing. Because the bid is not something you like you can't just use an ask.

I can ask for something to be sold for 22Million bitcoin but that is not a fair value... The fair value is the bid.



Except you misunderstood. I use the lowest ask instead of the highest bid. I didn't say what I'm asking for it. The market still sets the price, and until nefario fixes market liquidity, thats the only way to price assets that doesn't involve half the assets on the market being priced at zero.

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September 24, 2012, 03:10:58 PM
 #700

I still do not know enough about this to know if Nefario had a right to lock down your account but I understand why shareholders are upset.

Look at the final outcome of motion 127: the shareholders are not and never were upset. This is something nefario did to... do... something. I mean, he claims he wasn't planning on running off with the DMC assets and fuck DMC shareholder; so what was he actually trying to achieve? Whatever it was, it wasn't in the best interest of DMC shareholders or the community at large.


To have that many vote against you is not really good as the people who don't trust you (like me) never bought in.

Also how many times did you vote? How many times did the people you made deals with vote?

Will you post all of your assets or has this been done already?


Trading many of your assets for an asset that no one values was not a smart move IMO. Can you regain trust by showing us you do have assets?



"Times"? People can only vote once, and nefario decided that I wouldn't be allowed to vote even though I am also a shareholder.

All of the assets held have been posted already.

And claiming no one values ABMO is not an accurate statement. ABMO's IPO has not finished yet, thus there is no demand to produce bids.

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