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Author Topic: Bitcoinica 'hack' & GLBSE 'professionalism' blamed for IPO cancellation  (Read 1020 times)
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May 17, 2012, 09:42:41 AM

Deathbylollipop CEO Announces Split and Cancels GLBSE IPO

This guy just never gives up....and I am afraid that he simply will not.

Moving right seems that our friendly neighborhood Deathbylollipop CEO has now resorted to questioning the business practices and professionalism of the GLBSE and it's owner as well as blaming the recent Bitcoinica compromise for his latest excuse to avoid publically listing his company scam as an IPO.

I am thankful that it takes 8 BTC and full verification by GLBSE in order to be listed as a company on it's exchange.

You are welcome to watch his latest exercise in bullshit here:

His full 'Library' (lol) can be found here:

I will paraphrase his best quotes below....
You can find my favorite parts in BOLD text.


“Chemical-X will be a website which focuses on Bitcoin Advertisements”

There has already been a pledge of support on IRC…DiabloD3 has said that if this website takes off that they will definitely be interested in doing advertisements through it”

“In light of recent events (referring to Bitcoinica compromise) …now because of this split (DBL & Chemical-X) recently after Bitcoinica was hacked, I did some research…and was looking to go to the GLBSE trading platform and noticed that their website was down…the posting on the website in regards to this said that the reason the GLBSE trading platform was taken down was that they feared that they also going to be attacked in light of recent events (related Bitcoinica).”

‘Here’s the scoop, because of the way Deathbylollipop has exploded, between the pledge of support, between DiabloD3 and the release of Diablo Mining Company, the successful launch of Diablo Mining Company, the conceptualization of Chemical-X that I am currently still working on and also the split – we are not planning on, we are officially cancelling the concept of or, the plan to list ourselves as an IPO on the GLBSE trading system.”

We will not be a member of GLBSE. I am not all that interested in actively trading as a member of that site. I just felt it was a little unprofessional, for out of fear, for the website to be taken down.. for you to take the website down and then no longer allow other users to actively participate or withdraw funds etc etc, especially after the Bitcoinica website was hacked.”

“I understand if some of our fans and some of our supporters were a little disappointed by this fact, but I just want to say, Deathbylollipop, and specifically myself being the CEO, feels that it would just be a better idea to separate ourselves from that concept.”

I was talking to Nefario when I was a member of….an almost unspoken agreement that I would list as a GLBSE, but I am deciding that I think it would better to kind of split our ways, or kinda take different paths. Deathbylollipop is going into it’s own sector, it’s own direction in regards the future of itself as an organization”

He seems to truly believe that he has found a Bitcoin 'friend' in DiabloD3 and drops his name as well as the Diablo Mining Company name every chance he gets.

This should be a big concern for everyone seeing this.
In another of his videos, be goes on to say that he will accept Bond and PRIVATE IPO/Share purchases still by email etc, even though he has decided against listing on the GLBSE.

Do your part to protect the Bitcoin Community and put this scammer in his place any chance you get.

I hope you enjoyed this as much as I did.

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May 17, 2012, 02:09:22 PM

After seeing the hot tub in one of his videos, I'm pretty sure he is just another rich kid with a touch of megalomania. It's interesting to see all the references to "we" and "us", but no mention of anyone other than himself. Yeah, you and what army, Homer?

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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June 07, 2012, 01:21:12 AM

Reminds me of Atlas....

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