GLBSE is offline We will update our users on Saturday. - page 24.

bels

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Quote from: Blazr on October 04, 2012, 10:59:58 AM

Quote from: bels on October 04, 2012, 10:58:08 AM

Panic as in we've lost all our BTC or panic as in we should be expecting our uncle SEC to knock on our door?

Why do people keep mentioning the SEC?

The S.E.C regulate in the US only.

GLBSE is a registered company in the UK, they are regulated by the UK FSA.

I think people keep saying SEC because of information coming from IRC. Also as an American I am fully aware of how our government has no problem in applying muscle towards other countries to get them to do what we want and the driving force behind that would be the SEC.

Blazr

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Quote from: bels on October 04, 2012, 10:58:08 AM

Panic as in we've lost all our BTC or panic as in we should be expecting our uncle SEC to knock on our door?

Why do people keep mentioning the SEC?

The S.E.C regulate in the US only.

GLBSE is a registered company in the UK (based in Lancashire IIRC), they are regulated by the UK FSA (well, are subject to regulation by them).

LoupGaroux

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Quote from: BitcoinINV on October 04, 2012, 10:54:33 AM

Quote from: Ilikeham on October 04, 2012, 10:52:08 AM

Remember he only said he'd update the situation on Saturday, not put the site back on line.

Very true, someone call the S.E.C guy and ask him. I did it last time and got blasted for it, it's someone else's turn lol

Yes, the SEC is looking into a variety of issues surrounding bitcoin. And yes, he is no longer interested in taking hysterical phone calls from any of us. The next round of calls will be outgoing from them and will include subpoenas for depositions. This thing is starting to look very, very ugly.

bels

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Quote from: greyhawk on October 04, 2012, 10:56:55 AM

Now don't take this the wrong way, but I would seriously advice all of you to panic right about now.

Panic as in we've lost all our BTC or panic as in we should be expecting our uncle SEC to knock on our door?

Ilikeham

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Quote from: Blazr on October 04, 2012, 10:53:54 AM

Quote from: Ilikeham on October 04, 2012, 10:52:08 AM

Remember he only said he'd update the situation on Saturday, not put the site back on line.

That doesn't mean anything, he didn't say he wouldn't put it back online either.

But he didn't say he would, there's no return of service announcement, the only thing confirmed is an announcement, so don't bank on restoration of service. That does mean something.

greyhawk

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Now don't take this the wrong way, but I would seriously advice all of you to panic right about now.

bels

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Quote from: Bugpowder on October 04, 2012, 10:54:28 AM

Quote from: bels on October 04, 2012, 10:50:53 AM

Quote from: Bugpowder on October 04, 2012, 10:48:13 AM

Nefario is probably negotiating a plea arrangement with the SEC.

This is the second reference to the SEC that i've seen between the two GLBSE threads going on right now. Does someone have any credible information on this? If not, lets hold the FUD so when things come back online we don't have a massive value crash on the market. Thanks.

Yes there is credible info. If you were on IRC you would know. I'm not reposting it here.

Kinda at work right now. They block IRC.... I understand not wanting to post it here though.

BitcoinINV

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Quote from: Ilikeham on October 04, 2012, 10:52:08 AM

Remember he only said he'd update the situation on Saturday, not put the site back on line.

Very true, someone call the S.E.C guy and ask him. I did it last time and got blasted for it, it's someone else's turn lol

Bugpowder

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Activity: 394

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Quote from: bels on October 04, 2012, 10:50:53 AM

Quote from: Bugpowder on October 04, 2012, 10:48:13 AM

Nefario is probably negotiating a plea arrangement with the SEC.

This is the second reference to the SEC that i've seen between the two GLBSE threads going on right now. Does someone have any credible information on this? If not, lets hold the FUD so when things come back online we don't have a massive value crash on the market. Thanks.

Yes there is credible info. If you were on IRC you would know. I'm not reposting it here.

Blazr

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Quote from: Ilikeham on October 04, 2012, 10:52:08 AM

Remember he only said he'd update the situation on Saturday, not put the site back on line.

That doesn't mean anything, he didn't say he wouldn't put it back online either.

Ilikeham

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Activity: 238

Merit: 100

Remember he only said he'd update the situation on Saturday, not put the site back on line.

bels

member

Activity: 109

Merit: 10

Quote from: Bugpowder on October 04, 2012, 10:48:13 AM

Nefario is probably negotiating a plea arrangement with the SEC.

This is the second reference to the SEC that i've seen between the two GLBSE threads going on right now. Does someone have any credible information on this? If not, lets hold the FUD so when things come back online we don't have a massive value crash on the market. Thanks.

memvola

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Quote from: bitcoinbear on October 04, 2012, 10:34:23 AM

Maybe they are implementing an update, and had to shut the site down to do the switch over and check for bugs? (Although, I am not sure why they would need two full days to do that?)

Quote from: BitcoinINV on October 04, 2012, 10:43:23 AM

They might be migrating servers, and I hope its just updates.

They've made updates before. There is no reason for them not to state that very fact.

Everything that's been happening with GLBSE lately stinks of law intervention. Nefario would in no way willingly act like this. I hope he's submitting because he knows it will be better for all of us this way.

Quote from: theymos on October 04, 2012, 10:36:00 AM

I don't know anything about this. I am extremely irritated with Nefario.

That's not a good sign. Huh

Blazr

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All of these recents scams and fuck-ups are making Bitcoin look like a complete joke. Is there even one single reliable Bitcoin business/service/website out there?

Quote from: Bugpowder on October 04, 2012, 10:48:13 AM

Nefario is probably negotiating a plea arrangement with the SEC.

Its a UK company, not a US one, the SEC have nothing to do with them & don't regulate them.

Bugpowder

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Nefario is probably negotiating a plea arrangement with the SEC.

drekk

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Who shot who in the what now?

Ilikeham

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He'll likely announce on Saturday he was hacked after he checks into a nice hotel in Belize tomorrow.

If you guys think you're getting your assets back I'd say the odds are low but not impossible.

In any case, even if he brings it back the panic selling will be epic and damage the stocks to the point of uselessness.

Akka

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Quote

GLBSE is offline

For those worried about their bitcoin, please calm yourselves there has been no hack and your coins are safe and all accounted for.

I apologize for the lack of notice and the downtime, but there isn't much choice. We will update our users on Saturday.

Hmm, reasonable expanaition: Problem with the hoster that required immediate hoster change.

scrybe

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Quote from: BitcoinINV on October 04, 2012, 10:43:23 AM

They might be migrating servers, and I hope its just updates. Don't know how much more bitcoin can endure lol.

You might be surprised...

BitcoinINV

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Activity: 448

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They might be migrating servers, and I hope its just updates. Don't know how much more bitcoin can endure lol.

Topic: GLBSE is offline We will update our users on Saturday. - page 24. (Read 51544 times)