Topic: GLBSE 2.0, Is safer now. - page 2. (Read 8829 times)

I think 556j's comment is about how it should be run, not whether Nefario has the right. Although, I have come to the conclusion that this kind of regulation is inevitable in the case of a centralized stock exchange, and Nefario is managing it pretty well.


I think that statements concludes the issue.

Hmm, wish that your wish is able to come true.

That is a red herring, totally irrelevant.

@Goat:

Regardless of the lawful or unlawful nature of floating an IPO on GLBSE in any particular jurisdiction, you already did it.  You already got a bunch of peoples' bitcoins for what may or may not be considered a "security" in one or more countries or states.  Wasting time doing a bunch of legal research now accomplishes nothing.

Providing Nefario a copy of your passport (or whatever info he's asking for) changes nothing in the eyes of the law.

Your best bet to save face publicly (and cover your ass) is to jump through his hoops to get your account unlocked and pay the dividend(s).

That will probably keep your current investors from wanting to come get you (lawfully or otherwise).

Then you can decide what to do next... continue as-is, or, if you have no faith in Nefario or GLBSE, or are uncomfortable with the questionable legality of the securities you issued, your best bet is to buy back the securities you sold.  

Regardless of how mistreated you may feel, ending this drama quickly and to the benefit of your investors will make you look more professional and save your rep.

Why are you trolling so hard?  You haven't provided any indication that Goat has wronged you, and your other more accusational thread is nothing but a laugh.  You have indicated your concern, and everyone has read it, so the continuous unsupported arguing only makes it seem like you have something to gain or a personal vendetta that you won't expose because you know you're in the wrong.  Nefario will do what he thinks is best, and I should imagine, if Goat is honest but uncomfortable providing ID, BTC may even be transferred through a third party to repay debtholders.  I don't know how TyGrr would be dealt with, but TyGrr-Bank and TyGrr-BOT could be easily resolved that way.  Until that doesn't happen, your endless pointless rants just make me want to ignore you (which is probably exactly what I should do since you seem like such a troll to me, but I guess I took the bait, hook, line, and sinker).

I'm sorry I don't quite get the point you're making.

There is already a white man in his avatar. And I guess Nefario has enough knowledge to detect any PS tricks.

Nefario, for the long term best interest of the GLBSE (just from my point of view, you make the decision of course), Goat should be verified closely as someone suggested in the previous post. there should be an internet video call, and the passport/office phone number should be verified in a very diligent way.

What if he locks his investors funds and requires them to send ID. Then sends you their ID rather than his own. Kinda like you could do, with everyones info you collect.

You have to go through the considerable expense and effort of forging a new fake passport/ID as your old one would become public.

Mr. Ponzi was well know in person and even so he is scamming the money from the crowd. However, in such case, Ponzi was put in jail at last, which prevent lots of cons from fraud criminal attempts. With the identity unverified, you can steal the money at no cost.

maybe someone should start another exchange beside the GLBSE, where the willingly investors goes there. let GLBSE persist verifying the ID. And the other one has no identity verified. let the two stock exchange compete. We will see which stock exchange is the favorite one for the investors.

I'LL COME FIND YOU 
lol

The GLBSE is running by Nefario.
So that if he wants to verify the ID, he has the right to ask cooperation.
If his requirement is not fulfilled, he has the right to delist the asset.

 as simple as your argument.

Why do so many in this community expect another entity to come in and protect their assets? It's a big joke. If you don't want to invest money with someone that doesn't verify ID don't invest money with some one that isn't verified. What a difficult concept that is. You don't invest then demand ID AFTER the fact. When it was clearly marked he wasn't verified the entire time. Bitcoin is the wild west you guys want to turn it into USD. What the fuck is the point then.

The scale of the speculative bubble about The Myth of Goat is so huge. If it would not be stopped by the GLBSE now with effective identity verification, it might bring the bitcoin world into a Great Depression just as the scamming Wall Street did before in 1929. They issue stocks with simple, beautiful story, and drag the whole economy into disaster at the burst of the bubble. I ask everyone on the forum now, why are you so trust this man? I think the most common answer will be as this:


Yes, all people trusted him. So why not trust him, even without any identity verification by a third party.

The man earning his trust through his alpha male behavior, not through solid evidence. The man earning the trust in the way Mr. Ponzi earn his back in 1919 in the Boston, who was doing some highly profitable stamp arbitrage business. Just like Mr. Ponzi covered his own history back in the Italian, The man cover his identity. Just like Mr. Ponzi has numerous indirect proof that his business is profitable,  The man talk everyone on this forum into believing but never have any direct evidence. Take the mining companies on the GLBSE as example, they showing us every transaction of their mining payouts, they give us pics and vedios about how they setting up the mining farm, which are all direct evidence. However, you can know nothing direct evidence that why The man 's business is so profitable.

Someone will argue that, the private loan market on this forum is running at 10%-15% monthly interest, so that The man can earn so much as well. This is true only if the scale of the business is small.

Mr. Ponzi doing stamp arbitrage might be indeed profitable, but not at 141,000 USD investment(the money back in 1919, maybe 100x- worth as it is now) which was collected from 30+ branch office in every corner of the city. man, it was only a small stamp, you put so much money into the market, how can you arbitrage any more!

Let's back to the private loan market in the bitcoin world. I personally lend some bitcoin out to two person on this forum, but I don't do it anymore. why? because I find it really hard to locate a safe debt investment opportunity. You have to spend lots of energy to search all the posts asking for lending and find someone trustworthy enough and earning 10%-15% monthly interest. So if someone invest tens of thousands of bitcoin on the bitcoin private loan market, he must take great risks where NPL jumps out and dragging the performance down. every 1% NPL make you 6% - 10% of your work meaningless. 10% NPL will eats all your interest and put you at the risk of loss. So The man must be a god to run such huge money at such high performance. He must be a god, and avoid every potential NPL on the forum.

Just like Ponzi is starting new business everyday, The man do the same. Yes, I cannot deny that there is some genius in the world who have super energy and very smart brain can do lots of things at the same time, but do you really believe that Goat is such kind of superman?

"History repeat itself.
If seems too good to be true, It probably is.
Listen to the skeptics."

from The Forewarned Investor: Don't Get Fooled Again by Corporate Fraud

Oh, but I have, and I signed more than one petition to help stop SOPA and PIPA, not that the US government will stop trying (nor that the Patriot act hasn't already royally F'ed us all).  Also, to be fair, I haven't seen his passport to know if he is a US citizen or just visits, and I am not familiar with trade law in Thailand to know if similar problems could exist there.  I will assume you aren't either.

You sir have not been paying attention to the news and internet security bills. Besides, Goat is apparently located in Thailand. Good luck with extradition to the US over trading securities for less than $100,000

I do remember that, and my post that caused Brendio to respond here should indicate that I expected Goat to verify without issue.  However, I also feel like there are way too many laws and it is reasonable for him to want to be confident that revealing his identity to you won't expose him to some outrageous laws he was unaware of that was potentially not even relevant when he started using GLBSE.  I also understand why you need to keep that information, but I don't imagine you would keep the key to decryption a secret if a foreign military regime took over your home and tortured you (I also don't imagine it will ever come to that, but have no way of knowing whether or not you would refuse to provide the information if commanded to by a judge [regardless of whether or not you were otherwise legally obligated to provide the information]).  Also, regarding the comments just made about Goat's anonymity or lack thereof, look into plausible deniability and remember the alleged "innocent until proven guilty" legal structure of the US.  These things make the arguments more sound, regardless of other associations (as association does not prove guilt).

Once you verify your account with proof of ID I will unlock it, and this will finish.

+1. If you are trying to be anonymous, you are failing quite badly. In any case, Goat requires things to be done in small baby steps so that he can grasp what is happening. I think the sensory overload of a bunch of things at once is probably getting to him.