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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1316. (Read 3917029 times)

donator
Activity: 994
Merit: 1000
Friedcat, assuming Bitfountain continues to take over management of shares - what is the contingency plan in case bitcointalk.org disappears? How can your investors keep themsleves up to date and communicate with the company?
The quickest way is to establish a user mailiing-list, e.g. [email protected].
If I remember correctly one of the plans was to establish a minimal version of the website within the next 2 months, which should contain all the standard ways of getting in touch.

BTW I urge everyone to be patient. The delisting procedure is a hell of a management task, especially if all the people with 1-20 shares want to get individual treatment. I am hoping friedcat can provide some stats (number of delisting keys, number of keys below 100 shares) so we have an idea of how intense the delisting will be.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Friedcat, assuming Bitfountain continues to take over management of shares - what is the contingency plan in case bitcointalk.org disappears? How can your investors keep themsleves up to date and communicate with the company?
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

Doesnt glbse already have our email addresses? that is how you log in...
I was logging in with my user name, not email address.

I think you could login either with email address or username.

Anyway, is Nefario really willing to refund us?

If you were holding any bitcoins on GLBSE, this question should be posted in an appropriate thread, not here.

The question here is if and how GLBSE will be handling issuance of claim tickets so investors can work things out with willing issuers - and fortunately, friedcat seems willing.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

Doesnt glbse already have our email addresses? that is how you log in...
I was logging in with my user name, not email address.
hero member
Activity: 900
Merit: 1014
advocate of a cryptographic attack on the globe
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

Doesnt glbse already have our email addresses? that is how you log in...
Yea that's what I was about to post Wink They have mine at least yea. Sometimes I stay anonymous but other times I don't. This is a case where I didn't try.
hero member
Activity: 518
Merit: 500
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

Doesnt glbse already have our email addresses? that is how you log in...
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

I do want to. Just tell me how.
hero member
Activity: 535
Merit: 500
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.
full member
Activity: 188
Merit: 100
Using your bitcoin client, you could sign a message saying that you transfer the rights to the shares over to me provided that you get payed a certain amount. If friedcat is willing to accept it, I send you money and that's that.
The problem is of course that you need a way to prove that you actually have a GLBSE account. Can you do that?

well, the only way to do that, is my login credentials to glbse, which are useless atm.  Undecided
sr. member
Activity: 337
Merit: 252
Using your bitcoin client, you could sign a message saying that you transfer the rights to the shares over to me provided that you get payed a certain amount. If friedcat is willing to accept it, I send you money and that's that.
The problem is of course that you need a way to prove that you actually have a GLBSE account. Can you do that?
full member
Activity: 188
Merit: 100
If anyone wants to cash out I'm willing to buy your claim if it's not too large. Provided that friedcat accepts the transfer of ownership.

Send me a pm if you're interested.

I hold 3 shares.  How can i sell it to you tucenaber, since glbse.com is off?
sr. member
Activity: 337
Merit: 252
If anyone wants to cash out I'm willing to buy your claim if it's not too large. Provided that friedcat accepts the transfer of ownership.

Send me a pm if you're interested.
legendary
Activity: 2058
Merit: 1005
this space intentionally left blank
ASICMINER operators / issuers should demand a list of investors from GLBSE (glbse.com account emails) and contact each and every investor, either paying back or offering a new contract (under the same premises, obv).
hero member
Activity: 900
Merit: 1014
advocate of a cryptographic attack on the globe
friedcat - Do you have a plan if GLBSE doesn't come back on line or if (for whatever reason) you're de-listed?

I'm not attacking, but truly curious as to what you've thought about.

It's too early to ask this - let's see what Nefario says first.

GLBSE is not coming back online. ASICMINER will have to go through a delisting procedure.
https://bitcointalksearch.org/topic/nefario-115669

The delisting is actually good news. Because it allows us to properly resolve shareholder claims.
However, it may take a few days to decide how the shares will get managed in the near future.
I suspect the next action will be a board meeting.
Yea this is actually good news. friedcat wrote me back and said he would process my contract for getting my shares off of the GLBSE in a batch with everyone else. So it looks as though something is starting to happen.

PS, from www.glbse.com:


GLBSE has been closed

I'm sorry to inform all our users that GLBSE is no longer able to continue operating, and has now closed.

Q: What does this mean if I'm an issuer?

We will do everything in our power to make the process of moving off GLBSE as smooth as possible, we are currently working on a simple, safe, and easy to use method that will allow you to continue your relationship with your asset holders

Q:I'm a GLBSE user, what about my assets and my bitcoin?

You will be able to get back your bitcoin, and if you want to reveal your username, email, and a bitcoin address to accept payments with, you can continue your relationship with the issuer of any assets you hold.

We will begin retuning bitcoin once we have recieved all coins from the GLBSE treasurer that manages the GLBSE cash reserves. BitcoinGlobal (GLBSE's partent company) shareholders and board voted for them to be returned immediately, we are awaiting compliance with this order.
donator
Activity: 994
Merit: 1000
friedcat - Do you have a plan if GLBSE doesn't come back on line or if (for whatever reason) you're de-listed?

I'm not attacking, but truly curious as to what you've thought about.

It's too early to ask this - let's see what Nefario says first.

GLBSE is not coming back online. ASICMINER will have to go through a delisting procedure.
https://bitcointalksearch.org/topic/nefario-115669

The delisting is actually good news. Because it allows us to properly resolve shareholder claims.
However, it may take a few days to decide how the shares will get managed in the near future.
I suspect the next action will be a board meeting.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
friedcat - Do you have a plan if GLBSE doesn't come back on line or if (for whatever reason) you're de-listed?

I'm not attacking, but truly curious as to what you've thought about.

It's too early to ask this - let's see what Nefario says first.
sr. member
Activity: 351
Merit: 250
friedcat - Do you have a plan if GLBSE doesn't come back on line or if (for whatever reason) you're de-listed?

I'm not attacking, but truly curious as to what you've thought about.
hero member
Activity: 900
Merit: 1014
advocate of a cryptographic attack on the globe
Friedcat:

Did you guys take all the BTC out of GLBSE after the IPO was closed ? I hope you have the remaining BTC somewhere safe in an offline wallet !
Like every other assets on GLBSE the IPO btc are sent to the owner.

In this case, not only are they in Friedcat hands, they have been sold at ~8 and spend on ASIC production. (most / not all)

I knew they had sold a significant amount.
Good to know the remainder does not reside on glbse
Tthanks for the info

Yea, thanks to deeplink in this thread for calling it. I was suspicious of GLBSE when the vulnerability from 0.6.3 came out I think - GLBSE went down for a bit to download the blockchain again. They had not upgraded to 0.6.3 when it came out and it took the known exploit to be released for them to do the upgrade. My memory could be a bit fuzzy here but that's basically what happened...
hero member
Activity: 868
Merit: 1000
Friedcat:

Did you guys take all the BTC out of GLBSE after the IPO was closed ? I hope you have the remaining BTC somewhere safe in an offline wallet !
Like every other assets on GLBSE the IPO btc are sent to the owner.

In this case, not only are they in Friedcat hands, they have been sold at ~8 and spend on ASIC production. (most / not all)

I knew they had sold a significant amount.
Good to know the remainder does not reside on glbse
Tthanks for the info
newbie
Activity: 49
Merit: 0
@keystroke

"We should start a support group for all the ways Bitcoins can get lost/stolen/etc. There are so many possibilities!"

Unfortunately too many ! that is a very bad aspect of bitcoin. If GLBSE will not return, some bitcoins will def. be lost forever  Cry
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