Topic: Be careful of low rep GLBSE issuers. - page 2. (Read 3196 times)

Who are you quoting? No one except you has used that term in this thread.

Nice wellcome. I will not judge the community about your behavior.

I concur with advising caution, but post count is not necessarily indicative of validity. Correlation does not imply causation.

I was mostly referencing their possible scam listing also https://bitcointalksearch.org/topic/glbse-vhrl-vendors-high-risk-loan-up-to-3-interest-weekly-100800

Sorry if I dont give them "fucking respect".

First off, don't make yourself look like an ass by attacking somebody's command of the English language. Most of the the world's population does not speak it, and it is the height of narrow minded arrogance to assume otherwise.

Then, with respect to new securities, and the new identities that list them- true, every buyer should make informed choices in his or her investment. Part of that due diligence is finding standards to judge investments by, and having a forum reputation, and a documented history of your thoughts is valuable background. Just as studying the security in question is critical.

Let's take the aforementioned BLUECHIP as an example. I wonder how many potential investors actually read through all the fine print to see that the issuer of that security has mandated both a sell price and a buy price. So it is not a market commodity at all, but just means for this issuer to sell the unsubstantiated claim that he will buy what he considers to be blue chip investments, pay some vague dividends and require you to sell back any shares at one half the purchase price. With a desired market cap of $1.1 million US dollars. To support that effort the issuer has created a free blogspot website, and done nothing further to improve it, created a free Google spreadsheet, and done nothing to populate it, and created a blog and a Twitter account, and done nothing with them.

Gee, I don't really think that it is attacking newbies to suggest that potential investors might want to take a couple of extra minutes to think about sending Mr. BLUECHIP a half million bucks of pure profit in return for his talents at using free web tools. Talking about the markets, all markets associated with bitcoin in fact, is valuable for all. Looking very critically at a new class of "investments" that seem to pop up like mushrooms when the value of bitcoin grows, and are offered using the time honored techniques and tools of proven scammers is just good manners, and adds credibility to the markets.

I also need to apologize for my spelling and my grammar. I am coming from a country where English is not the first language neither second. I will be never be able to speak as native speakers do, sorry for that. How about you? What other languages do you speak with the same skill as your own? I do not want to be personal but you need to take into account that not everyone so lucky to born with a so useful language. Or maybe you also had to learn English as second language, then you are simply better then me on this field.

I don't really understand how people expect investments when they have no clear cut plans. If your on the forum why not tell people what your doing so you can get a little free advertising? If there is a security up that I have never seen or never read about you get nothing lol.

It isn't personal it is business.

Its also a red flag that people cannot spell properly and use incorrect grammar.

I understand. I apologize for my butthurt. I just don't like seeing people getting disrespect without being proven guilty of something. 

Its the way things are done especially in  the lending section of the forum. https://bitcointalksearch.org/topic/--97214 explains what people need to do to ensure they get a loan from the lenders. Its got nothing to do with government regulation. In some respects free market standards are a lot higher than government ones. They need to be because there is no safety net.

Issuing a security on glbse is no different than asking for a loan on the forum.

It is always up to you where you put your money. Do 50 posts on this forum is not so difficult to make. A guy with 50 posts and a guy with 10 posts has the same credibility. None. You always have to do your homework before investing in something. If a newcomer sounds interesting and you are okey to risk, put some coins there and wait. If you prefer low risk let the others find it out for you. I encourage everyone to be carefull because this is the wild west of doing bussiness in the 21st century. Do not throw your money mindless, unless you got plenty and just playing around.

I'll admit I feel threatened because I am new here and I don't like the stigma attached to it.

As for GLBSE in its early days, I feel the buyers of scammer, junk stocks knew what they were getting into.

What you guys want is everybody to be in line and every financial opportunity guaranteed. That can't happen in a free society.

GLBSE used to have no verification at all. It turns out a lot of the listings were scammers.

Go figure.

Here's my final word on this: Why does it bother you guys so much if somebody is soliciting capital for a project and their price for investment includes privacy? Aren't most investors under Caveat Emptor from the beginning?

I just don't think it's fair that you guys think you can set the standard for how everybody does business. Government ID isn't the end-all and be-all of reputation. Everybody has their standards and they don't have to be yours. I think we should treat people as the intelligent beings they are. If they are dumb enough to go bust here, then they will eventually learn to stop going bust. I don't think we need everyone playing Mommy and Daddy here. We're grown men.

 Someone raising thousands of bitcoins should expect some discovery by potential investors. An IPO is different than a simple OTC trade.

Deal with what? I don't need you guys.  

I make gentlemen's agreements all the time without having to go through a strip search.

You need to verify your reputation whether on this forum or outside it. One guy posted his photo ID and his business registration because he didnt have much rep. If you try to list a security on glbse with under 10 posts questions will be asked. Deal with it.

Depends on your country. My point is you guys take yourselves too seriously. Relax.

Casual business is different from offering a security for people to invest in.