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Topic: GLBSE is offline We will update our users on Saturday. - page 20. (Read 51544 times)

hero member
Activity: 826
Merit: 500
Well since I'm US Based and verified with GLBSE, I'll notify the board if charges come down for unregulated security trading against me.
I'm a very very small fry, but there is a small chance maybe 1%.

I have a feeling this might be a clawback from Pirate Ponzi.

hero member
Activity: 532
Merit: 500
I feel sorry for anyone who didn't pull out after learning that the SEC guy knew something would be happening with GLBSE.

This was one of the reasons why I closed my asset.  I did not want to be holding funds and no way to pay back.  I just hope the people that got their funds back a few days ago took them out of GLBSE.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
How a  I screwed if people are panic-selling assets into my hands?

I appreciate the balls' hardness, but I've been there and done that (bought many BTC at 20$ after the peak/hack and gone down to the bottom with the ship). This time I am tempted to jump in a lifeboat a.s.a.p.

If all the GLBSE coins are safe as stated and the shares on there continue making a profit then a panic sell shouldn't very last long or be very deep.
If there is a panic sell, and the shares are to be profitable still, then there is a big opportunity to buy low.
legendary
Activity: 1372
Merit: 1003
How a  I screwed if people are panic-selling assets into my hands?

I appreciate the balls' hardness, but I've been there and done that (bought many BTC at 20$ after the peak/hack and gone down to the bottom with the ship). This time I am tempted to jump in a lifeboat a.s.a.p.

If all the GLBSE coins are safe as stated and the shares on there continue making a profit then a panic sell shouldn't very last long or be very deep.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
Everyone light a candle for GLBSE.  Keep the faith.

member
Activity: 69
Merit: 10
Since IF GLBSE ever comes back online it seems most likely that a panic selling will happen (even more than the BTC price after the Gox hack), I would guess that we are already royally screwed anyway.
Oh well, it's just money.

I don't think so, if its only a botched update, why should people freak out and start panic selling?

And why wouldn't it just be announced? "Hey guys, had some issues with an update, should be online in a day or so - we'll keep you posted". Then start a thread here explaining things, and all is fine. That goes for server issues, hosting issues, pretty much anything.  Even if it turns out to be a cat walking on the keyboard, if it's not some kind of legal issue this is hugely unprofessional.
legendary
Activity: 1232
Merit: 1001
How a  I screwed if people are panic-selling assets into my hands?

I appreciate the balls' hardness, but I've been there and done that (bought many BTC at 20$ after the peak/hack and gone down with the ship). This time I am tempted to jump in a lifeboat a.s.a.p.

I hope really they clear the orderbook before going online again. I would hate it to buy right into a panic.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
How a  I screwed if people are panic-selling assets into my hands?

I appreciate the balls' hardness, but I've been there and done that (bought many BTC at 20$ after the peak/hack and gone down to the bottom with the ship). This time I am tempted to jump in a lifeboat a.s.a.p.
hero member
Activity: 882
Merit: 1006
Since IF GLBSE ever comes back online it seems most likely that a panic selling will happen (even more than the BTC price after the Gox hack), I would guess that we are already royally screwed anyway.
Oh well, it's just money.

I don't think so, if its only a botched update, why should people freak out and start panic selling?
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Since IF GLBSE ever comes back online it seems most likely that a panic selling will happen (even more than the BTC price after the Gox hack), I would guess that we are already royally screwed anyway.
Oh well, it's just money.
How a  I screwed if people are panic-selling assets into my hands?
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Since IF GLBSE ever comes back online it seems most likely that a panic selling will happen (even more than the BTC price after the Gox hack), I would guess that we are already royally screwed anyway.
Oh well, it's just money.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
I think GLBSE are back in business very soon.
Yep, hopefully!

To me it feels more like an update screw up requiring fixing or SEC wanting to clawback funds from people who profited from Pirate's scheme.

If anyone receives any info, I'm keeping this thread updated:
https://bitcointalksearch.org/topic/re-glbse-situation-summary-officially-closed-115467

Excellent thread, good work Smiley
hero member
Activity: 745
Merit: 501
I think GLBSE are back in business very soon.
Yep, hopefully!

To me it feels more like an update screw up requiring fixing or SEC wanting to clawback funds from people who profited from Pirate's scheme.

If anyone receives any info, I'm keeping this thread updated:
https://bitcointalksearch.org/topic/re-glbse-situation-summary-officially-closed-115467
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
I think GLBSE are back in business very soon.
Yep, hopefully!
hero member
Activity: 882
Merit: 1006
I think GLBSE are back in business very soon.

Is that a gut feeling, or do you have some info that we don't?
full member
Activity: 195
Merit: 100
I think GLBSE are back in business very soon.
full member
Activity: 169
Merit: 100
Christ that Mpex site looks like the last place I'd send a bitcoin. If you're here slagging the competition it rings even more true.

Keep sending them by looks and soon enough you won't have any left and we won't have to hear from you ever again.

Tried and tested by so many before....

Please stop promoting your service in of threads about competitors' services. It is off topic and unprofessional.  

Hope GLBSE can pull through this OK.  I pulled my coins out last week, fearing the GLBSE recession continuing.  Hooray for dumb luck.  I hope all investors are able to get their funds out.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Captain Hindsight says "It's stunning to me that people would entrust money to aliases such as Pirateat40 and Nefario"
hero member
Activity: 868
Merit: 1000
Protip guys, don't start a business like this without first hiring a lawyer who specializes in finance & securities law, period.

In other words, don't start a business like this without first being a millionaire, or having one to back you up. (it won't stop on "hiring a lawyer")

This is pretty much true.  People wrongly perceive the barriers to entry into the Bitcoin financial services market as being low - they pretty much believe that all they need to be successful is an idea and a website.  Those who enter the market believing that are likely to fail quite spectacularly.
hero member
Activity: 745
Merit: 501
Christ that Mpex site looks like the last place I'd send a bitcoin. If you're here slagging the competition it rings even more true.

Keep sending them by looks and soon enough you won't have any left and we won't have to hear from you ever again.

Tried and tested by so many before....

I've reviewed your posts, you are definitely not worth doing business with , but carry on. Iggy button on.

Although I'm really not fan of the PR person MPEx chose, MPEx is a perfectly OK exchange. The fact it issues such great companies as SatoshiDice or BitVPS and is the only one to offer options is a major plus too.
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