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Author Topic: New GLBSE.com for FPGA mining investment - FPGAMINING  (Read 10194 times)
intel-core-i7
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September 28, 2012, 12:47:10 PM
 #101

Trolling? Stating the bloody obvious might well be considered trolling on a forum where it's a race to be the first with a plausible scam accusation for any asset. Getting called a sockpuppet by a guy who didn't know about motions is kind of funny to, guess his WoW trading experience qualifies him to launch scam accusations.

As to the well laid out list of questions earlier, had a very busy week but will reply to them in detail later. In brief the ASICMINER thread has the most intelligent discussion I've seen about why the prices on GLBSE are being pushed down and the BAKEWELL asset is one example of shares being offered below the IPO price when, as far as I know, the only shares sold have been at IPO price.


you mean this post and the rest afterwards...

https://bitcointalk.org/index.php?topic=99497.msg1214984#msg1214984


never thought about that - in brief  - price might be dropping for a OK-asset if a scammer is buying it (or acquiring via share swaps) and then selling the good share for btc to go out and run....


Makes perfect sense and the real scammers wash their hands while fucking legit issuers... and their investors....

We need a defense against this ....

Probably assets with good PR and in-time news from the issuer will be immune to these dumps and it will be actually cheap entry points for trusting investors...

After all if the scammer is dumping low - its good for us when the asset is trustworthy....

got it ?



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September 28, 2012, 01:02:45 PM
 #102

We need a defense against this ....

First of all we need a defense against assets issuers who run with their investors' money breaching their contracts.

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September 28, 2012, 03:35:01 PM
 #103

Trolling? Stating the bloody obvious might well be considered trolling on a forum where it's a race to be the first with a plausible scam accusation for any asset. Getting called a sockpuppet by a guy who didn't know about motions is kind of funny to, guess his WoW trading experience qualifies him to launch scam accusations.

As to the well laid out list of questions earlier, had a very busy week but will reply to them in detail later. In brief the ASICMINER thread has the most intelligent discussion I've seen about why the prices on GLBSE are being pushed down and the BAKEWELL asset is one example of shares being offered below the IPO price when, as far as I know, the only shares sold have been at IPO price.


you mean this post and the rest afterwards...

https://bitcointalk.org/index.php?topic=99497.msg1214984#msg1214984


never thought about that - in brief  - price might be dropping for a OK-asset if a scammer is buying it (or acquiring via share swaps) and then selling the good share for btc to go out and run....


Makes perfect sense and the real scammers wash their hands while fucking legit issuers... and their investors....

We need a defense against this ....

Probably assets with good PR and in-time news from the issuer will be immune to these dumps and it will be actually cheap entry points for trusting investors...

After all if the scammer is dumping low - its good for us when the asset is trustworthy....

got it ?




I just don't understand -are you suggesting a scammer might want to "wash" his profits by buying and selling shares? The BTC you withdraw at the end will be exactly the same random coins from the GLBSE portfolio.

Besides, we can clearly see the number of shares increasing week after week, so we know he was selling more shares, and he admitted having sold them at an average price about 0.8BTC, which means the latest were much lower...so searching for an explaination involving OBSI.HRPT is kinda like argiung a man could have died of heart attack when ther's a knife struck into his heart!
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September 28, 2012, 04:28:02 PM
 #104

Could we move this thread to securities somehow?

For me this is hurting way worse than Pirate : (
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September 29, 2012, 12:26:28 AM
 #105

https://glbse.com/api/quantity_trading/FPGAMINING

I've just checked it again, amount of shares trading declined to 4063 from 4113. Did moparguy528 liquidate 50shares?

P.S. 20hours ago someone bought ~170shares to the ask side again, price went up from 0.45 till 0.5. Does that look like a buyback?  Huh

We cannot solve problems by using the same kind of thinking we used when we created them.
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September 29, 2012, 01:21:39 PM
 #106

buyback?  no way!

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September 29, 2012, 07:14:15 PM
 #107

It's simple. Some people want to sell now, so they sell for 0.5 BTC, and some people are willing to wait, so they buy those shares cheap and make a nice profit in the end.

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September 29, 2012, 07:16:28 PM
 #108

It's simple. Some people want to sell now, so they sell for 0.5 BTC, and some people are willing to wait, so they buy those shares cheap and make a nice profit in the end.

Where does the nice profit come from for those people who are buying?

We cannot solve problems by using the same kind of thinking we used when we created them.
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September 29, 2012, 07:52:08 PM
 #109

It's simple. Some people want to sell now, so they sell for 0.5 BTC, and some people are willing to wait, so they buy those shares cheap and make a nice profit in the end.

Where does the nice profit come from for those people who are buying?

When moparguy buys them back over time.

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conspirosphere.tk
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September 29, 2012, 08:34:57 PM
 #110

It's simple. Some people want to sell now, so they sell for 0.5 BTC, and some people are willing to wait, so they buy those shares cheap and make a nice profit in the end.

Where does the nice profit come from for those people who are buying?

When moparguy buys them back over time.

Yes, the same day that the cows get back in the barn.

Audriux9
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September 29, 2012, 09:17:29 PM
 #111

Yes, the same day that the cows get back in the barn.

+1

We cannot solve problems by using the same kind of thinking we used when we created them.
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September 29, 2012, 10:24:12 PM
 #112

Yes, the same day that the cows get back in the barn.

+1

If you don't think he will come through, then dump your shares (if you even own any) and move on. Otherwise, you are just trolling. You have nothing to contribute. Go away.

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September 29, 2012, 10:28:58 PM
 #113

P.S. 20hours ago someone bought ~170shares to the ask side again, price went up from 0.45 till 0.5. Does that look like a buyback?  Huh

No, it looks like usagi is buying with the sole intent to push up the price to keep the NAV of his BMF fund from collapsing:
https://bitcointalk.org/index.php?topic=113708.msg1231722#msg1231722

Id say, take the opportunity with both hands.
conspirosphere.tk
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September 30, 2012, 08:49:11 AM
 #114

Yes, the same day that the cows get back in the barn.

+1

If you don't think he will come through, then dump your shares (if you even own any) and move on. Otherwise, you are just trolling. You have nothing to contribute. Go away.


moparguy is breaching the contract in any way from several weeks and you are trolling in his favor?! But you are probably right about dumping, even if it now means a 50-60% loss, thanks to the honesty of the scammer who sold us his crap.
Now you can go away. I will stay here until I get my money back.

odolvlobo
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September 30, 2012, 11:59:08 PM
 #115

Yes, the same day that the cows get back in the barn.

+1

If you don't think he will come through, then dump your shares (if you even own any) and move on. Otherwise, you are just trolling. You have nothing to contribute. Go away.


moparguy is breaching the contract in any way from several weeks and you are trolling in his favor?! But you are probably right about dumping, even if it now means a 50-60% loss, thanks to the honesty of the scammer who sold us his crap.
Now you can go away. I will stay here until I get my money back.
That doesn't make sense. You previously wrote that you don't expect to get your money back. Now you write that you are waiting to get your money back.

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silverfuture
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October 01, 2012, 01:33:09 AM
 #116

anyone else receive a dividend payment today?

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Audriux9
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October 01, 2012, 01:48:37 AM
 #117

anyone else receive a dividend payment today?

It seems like a promised 1% interest on a principal share value of 0.8 BTC. Unfortunately, it is going to be on a monthly basis.

However I am not sure if it is a fair price for forced borrowing of BTC from investors...

We cannot solve problems by using the same kind of thinking we used when we created them.
conspirosphere.tk
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October 01, 2012, 10:05:21 AM
 #118

That doesn't make sense. You previously wrote that you don't expect to get your money back. Now you write that you are waiting to get your money back.

I don't expect to get my money back unless I raise a hell here and elsewhere, since we are dealing with a phucking thieve.
Clear, genius?

Francesco
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October 01, 2012, 12:44:51 PM
 #119

So, it seems he is abiding the terms of the second contract he made. Will it be the last, or will he change again to whatever he likes, without asking us? (what about a -7% a week? I guess we would be repaid in full soon then!)


I don't expect to get my money back unless I raise a hell here and elsewhere, since we are dealing with a phucking thieve.
Clear, genius?

Is there something we can really do? He ignored the scam accusation and seemingly he was completely right in doing so, since it was apparently also ignored by the ones that should take action...
conspirosphere.tk
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October 01, 2012, 03:17:08 PM
 #120

Is there something we can really do?

I mailed both Nefario and support@glbse.com. Nefario did not answer, and Support@glbse opened a ticket 2 days ago, but its status is still "Awaiting assignment to a help desk operator".
In my ticket I resumed the facts and requested "to freeze the asset and/or release the identity of the issuer and/or take any other action you deem appropriate."
Maybe if someone else open a ticket too they will wake up.

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