GOOD NEWS! GLBSE is sending out shareholders data - page 2.

novusordo

sr. member

Activity: 800

Merit: 250

Quote from: burnside on November 22, 2012, 05:27:47 PM

I think that I've addressed most of this in the BTC-TC and LTC-GLOBAL main threads. Key differentiators:

- We are a legit registered company, operated by Fidelity Limited in Belize where our corporate offices are located.
- Our ToS and Asset Issuer ToS are drastically different such that they should be legally protective of the site and the issuers.
- We grant access via the site and a JSON API to an asset issuers shareholder list. Thus they can download it at any time.
- We email the asset issuers a copy of their shareholder list every 12 hours.

We do not lock in asset issuers, and believe that even if we fail, the show must go on.

Addressing the server access... The company cannot yet afford to hire another systems administrator, but should a systems administrator attain enough shares, (and thus have a vested interest in the success of the exchange) I would not be opposed to granting access. One of the key issues for me is trust... I consider the data on the servers -extremely- sensitive. A leak of the site code or the user's data would be a horrible blow to the company.

Cheers.

I have not addressed the administrative access to the servers though. Right now it is just me, and it will stay that way until

I agree that the server data should be treated with extreme sensitivity obviously. The issue with one person being in control isn't as bad when asset issuers get constant updates of their shareholder lists, so that quells my concern a bit. I still think that there should be more than one person with access, but it makes perfect sense that finding such a person will take time and lots of trust.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Getting through the moderator vetting is an ordeal in itself :/

burnside

legendary

Activity: 1106

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Lead Blockchain Developer

Quote from: novusordo on November 22, 2012, 09:38:26 AM

Quote from: BTC-TradingCo on November 20, 2012, 11:58:17 AM

We'll list any GLBSE refugee asset on BTCTC (https://btct.co/) for free.

We can't guarantee that they'll pass the approval voting process, as that's up to the mods. PM me after re-creating your asset and we will refund the 5 BTC asset listing fee as soon as we confirm that your asset was listed on the GLBSE prior to it's closing.

I'll also note that picking up operations should be fairly painless. The platform allows free transfers from account to account, so if you request the asset holder's BTCTC username as part of the claims process, it is quick and easy to transfer the appropriate shares to their BTCTC account.

Thanks!

I'm sure that all ex-GLBSE users will be extremely wary in who they use as a third-party for their investments. What will BTCTC do to ensure that it will not end up like GLBSE?

Will you make it easy for asset issuers to get a copy of their shareholder lists?

Do multiple trusted parties have administrative access to BTCTC's servers, so that we're not ever stuck trusting a single person with all of our assets and bitcoins?

I think that I've addressed most of this in the BTC-TC and LTC-GLOBAL main threads. Key differentiators:

- We are a legit registered company, operated by Fidelity Limited in Belize where our corporate offices are located.
- Our ToS and Asset Issuer ToS are drastically different such that they should be legally protective of the site and the issuers.
- We grant access via the site and a JSON API to an asset issuers shareholder list. Thus they can download it at any time.
- We email the asset issuers a copy of their shareholder list every 12 hours.

We do not lock in asset issuers, and believe that even if we fail, the show must go on.

Addressing the server access... The company cannot yet afford to hire another systems administrator, but should a systems administrator attain enough shares, (and thus have a vested interest in the success of the exchange) I would not be opposed to granting access. One of the key issues for me is trust... I consider the data on the servers -extremely- sensitive. A leak of the site code or the user's data would be a horrible blow to the company.

Cheers.

Doh... I posted without proofreading. Edit: ~~I have not addressed the administrative access to the servers though. Right now it is just me, and it will stay that way until~~ (... we find some investors we can trust.)

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: EskimoBob on November 20, 2012, 10:13:52 AM

Now we can find out, which issuers are starting to play dumb and continue to glbse the share holders.

I would bet on FPGAMINING, who started to scam some time before the closing: https://bitcointalksearch.org/topic/fpgamining-scam-ongoing-112969
So I wonder if in such cases Nefario will release verified issuers' identity too.

pekv2

hero member

Activity: 770

Merit: 502

Quote from: PsychoticBoy on November 22, 2012, 10:15:07 AM

But I have not recieved any info yet, still waiting......

Same here. I've got one share in IBB and 2 shares in asic.coop. Haven't heard shit from glbse.

PsychoticBoy

donator

Activity: 1890

Merit: 1010

Parental Advisory Explicit Content

But I have not recieved any info yet, still waiting......

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

Quote from: novusordo on November 22, 2012, 09:38:26 AM

Quote from: BTC-TradingCo on November 20, 2012, 11:58:17 AM

We'll list any GLBSE refugee asset on BTCTC (https://btct.co/) for free.

We can't guarantee that they'll pass the approval voting process, as that's up to the mods. PM me after re-creating your asset and we will refund the 5 BTC asset listing fee as soon as we confirm that your asset was listed on the GLBSE prior to it's closing.

I'll also note that picking up operations should be fairly painless. The platform allows free transfers from account to account, so if you request the asset holder's BTCTC username as part of the claims process, it is quick and easy to transfer the appropriate shares to their BTCTC account.

Thanks!

I'm sure that all ex-GLBSE users will be extremely wary in who they use as a third-party for their investments. What will BTCTC do to ensure that it will not end up like GLBSE?

Will you make it easy for asset issuers to get a copy of their shareholder lists?

Do multiple trusted parties have administrative access to BTCTC's servers, so that we're not ever stuck trusting a single person with all of our assets and bitcoins?

Here is a rough idea to protect issuers, investors and also the exchange https://bitcointalksearch.org/topic/m.1344816

novusordo

sr. member

Activity: 800

Merit: 250

Quote from: BTC-TradingCo on November 20, 2012, 11:58:17 AM

We'll list any GLBSE refugee asset on BTCTC (https://btct.co/) for free.

We can't guarantee that they'll pass the approval voting process, as that's up to the mods. PM me after re-creating your asset and we will refund the 5 BTC asset listing fee as soon as we confirm that your asset was listed on the GLBSE prior to it's closing.

I'll also note that picking up operations should be fairly painless. The platform allows free transfers from account to account, so if you request the asset holder's BTCTC username as part of the claims process, it is quick and easy to transfer the appropriate shares to their BTCTC account.

Thanks!

I'm sure that all ex-GLBSE users will be extremely wary in who they use as a third-party for their investments. What will BTCTC do to ensure that it will not end up like GLBSE?

Will you make it easy for asset issuers to get a copy of their shareholder lists?

Do multiple trusted parties have administrative access to BTCTC's servers, so that we're not ever stuck trusting a single person with all of our assets and bitcoins?

HorseRider

donator

Activity: 1120

Merit: 1001

Quote from: Garr255 on November 21, 2012, 03:32:54 PM

This morning I received a partial list of shareholders!

As of now only 4378 of the 10420 shares issues are accounted for, which is great, but we still have a ways to go. I will be sending a mass email asking shareholders to make an exchange account (likely at http://BTCT.co ) once we get more shares accounted for.

I'll be updating you as I am updated...

Best,
Garrett

usagi

vip

Activity: 812

Merit: 1000

13

https://bitcointalksearch.org/topic/m.1349915

I am posting this to confirm that I just received YARR holder info.

rini17

sr. member

Activity: 340

Merit: 250

GO http://bitcointa.lk !!! My new nick: jurov

I made the offers privately already, but it bears repeating - I am offering assistance to all MPEx passthrough operators. Let your shareholders exchange their GLBSE stock for the real stuff on their CoinBr.com account Wink

They will be happy to be able to trade it at time/price that suits them and you'll avoid the payouts hassle.

MPOE-PR

hero member

Activity: 756

Merit: 522

Quote from: PinkBatman on November 20, 2012, 03:12:37 PM

Is this something nefario did or did someone else finally get their hand in this process?

Gigavps mentioned lawyers, that may have had something to do with it.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

. Giga prob got his info back first because he can afford good lawyers.

smoothie

legendary

Activity: 2492

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LEALANA Bitcoin Grim Reaper

LOL my question would be why did it take so long to get to this point?

Nefario has shown to be very irresponsible when it comes to the handling of customer funds.

He should never be trusted again in this manner.

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: Philj on November 20, 2012, 05:51:44 PM

So if gigamining got their asset info on the 19th, its almost the 21st now, has anyone received asset info yet? Wasn't GLBSE going to release info for 3 or 4 assets per day?

Nefario has always been, and admits to being, terrible with time estimations. It's safe to assume +/- 100% of his predictions Tongue

Philj

sr. member

Activity: 388

Merit: 250

So if gigamining got their asset info on the 19th, its almost the 21st now, has anyone received asset info yet? Wasn't GLBSE going to release info for 3 or 4 assets per day?

PinkBatman

sr. member

Activity: 267

Merit: 250

Is this something nefario did or did someone else finally get their hand in this process?

johnwhitestar

sr. member

Activity: 697

Merit: 272

Slimcoin - the Proof of Donation inventors!

I'm still waiting for an answer where did they send the 90% of my BTCs they informed me they'd sent weeks ago.

BTC-TradingCo

member

Activity: 69

Merit: 10

We'll list any GLBSE refugee asset on BTCTC (https://btct.co/) for free.

We can't guarantee that they'll pass the approval voting process, as that's up to the mods. PM me after re-creating your asset and we will refund the 5 BTC asset listing fee as soon as we confirm that your asset was listed on the GLBSE prior to it's closing.

I'll also note that picking up operations should be fairly painless. The platform allows free transfers from account to account, so if you request the asset holder's BTCTC username as part of the claims process, it is quick and easy to transfer the appropriate shares to their BTCTC account.

Thanks!

MPOE-PR

hero member

Activity: 756

Merit: 522

This is the development of the week for sure.

Quote from: Deprived on November 20, 2012, 09:46:35 AM

Now to wait for nefario to appear on here in a panic and ask people to send back the lists as he sent them to the wrong people, or doubled the share counts or whatever.

It's sad that something like that sounds pretty plausible.

Topic: GOOD NEWS! GLBSE is sending out shareholders data - page 2. (Read 6318 times)