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Topic: Be careful of low rep GLBSE issuers. - page 3. (Read 3196 times)

newbie
Activity: 14
Merit: 0
August 15, 2012, 06:32:24 AM
#5
You guys are going to see a huge influx of new members in the coming months and they are going to outnumber the Bitcoin veterans 10:1. You won't be able to demand they prove themselves then. Tongue

They'll do casual business with each other without your help or approval.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
August 15, 2012, 06:17:38 AM
#4
Do you really think all Bitcoiners go on this forum?  Roll Eyes

says the guy who registered 10 days ago

The point is not that everybody ought to use this forum when dealing in bitcoin but that there should be people around who a least have talked to the person if no other means of validation exist. There are plenty of ways to provide proof of legitimacy outside this forum in the bitcoin world for those who seek it.
hero member
Activity: 686
Merit: 500
Wat
August 15, 2012, 06:15:09 AM
#3
Do you really think all Bitcoiners go on this forum?  Roll Eyes

No but the vast majority of scammers have under 50 posts which was the point I was making.
newbie
Activity: 14
Merit: 0
August 15, 2012, 06:11:27 AM
#2
Do you really think all Bitcoiners go on this forum?  Roll Eyes
hero member
Activity: 686
Merit: 500
Wat
August 15, 2012, 05:56:07 AM
#1
Make sure you do your due diligence on new GLBSE securities as there are a few now listing where the forum members have under 20 posts. If you wouldn't loan coins on the forum to someone with under 50 posts why would you buy shares or bonds off them ?

As an example why is someone with under 10 posts trying to raise 100 000 btc ? https://glbse.com/asset/view/BLUECHIP 

If you just go by the asset page it says nothing about their community reputation so maybe this is something GLBSE needs to change, perhaps by enforcing an asset issuer to link to their forum profile.

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