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Topic: GLBSE IPO Handling and Interaccount Transfers Discussion Thread. - page 4. (Read 5863 times)

donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Personally I don't see any reason why asset transfers would be wanted by anyone doing legitimate business.  The exchange exists for a reason and all trades/transfers should be made publicly on the exchange.  Allowing these asset transfers goes against transparency and seems to contradict the principles of Bitcoin.  If people want to circumvent the exchange using the exchange, why not create a competing exchange instead of trying to use loopholes in the GLBSE?
hero member
Activity: 756
Merit: 522
Quote
I agree with Meni. I will be more than happy to pay the normal fee on the pre-sale transfers.

As a significant shareholder, Mr. Popescu would prefer you skip the glbse listing altogether, never deliver any shares there and just keep spreadsheets.
You have probably a couple dozen people invested, how hard can it be to make a couple dozen payments once a month? Surely less hassle than dealing with this sort of thing on a continuing basis.
legendary
Activity: 1666
Merit: 1000
Glad to see everyone is working on a solution.  The ToS (posted in another thread) is helpful as well.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
Asset transfers between accounts have multiple use cases and need to be allowed. I can't stress that enough.

The simplest solution would probably be to charge a fee on transferring assets between users (within a user should be free) based on the last traded price, or the lowest ask.

After more critical issues are fixed, you can develop better ways to handle this.

I agree with Meni. I will be more than happy to pay the normal fee on the pre-sale transfers.

I am sending Nefario and glbse and PM to get this straightened out.
donator
Activity: 2058
Merit: 1054
Asset transfers between accounts have multiple use cases and need to be allowed. I can't stress that enough.

The simplest solution would probably be to charge a fee on transferring assets between users (within a user should be free) based on the last traded price, or the lowest ask.

After more critical issues are fixed, you can develop better ways to handle this.
full member
Activity: 186
Merit: 100
will this impact on gigamining pre-sales or not? alot of money has already changed hands.
sr. member
Activity: 462
Merit: 250
most important comment first:

do not change the rules in the middle of things. this way the changes seem retroactive because they impact agreements already made.
newbie
Activity: 27
Merit: 0
It's evident there are some concerns with how some IPOs are potentially going to be handled on the GLBSE, and potential problems with allowing or disallowing the ability to directly transfer assets between accounts without use of the trading mechanism.

There are a lot of good ideas floating around, and it looks like it will be useful to consolidate that discussion into one thread.

Please let us know how you feel this process should be handled and we can hopefully establish some best practices that everyone can be satisfied working with.
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