📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 195.

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: Timbo925 on October 06, 2012, 01:29:25 PM

Well the contract stated we own the hardware so if I'm correct the GLBSE shutdown shoudn't change anything.
If we get the codes to prove you own your shares it should be possible of OgNasty to keep running the operation trough this topic.

Hard to be positive in the bitcoin world these days Roll Eyes

Yeah. At least there's that...

Presumably, the weekly scheduled dividends from 2 days ago will still be paid whenever uh... just whenever...

Really hope we have a new way to trade shares and receive dividends before the first ASICs arrive.

Timbo925

sr. member

Activity: 352

Merit: 250

Well the contract stated we own the hardware so if I'm correct the GLBSE shutdown shoudn't change anything.
If we get the codes to prove you own your shares it should be possible of OgNasty to keep running the operation trough this topic.

Hard to be positive in the bitcoin world these days Roll Eyes

wuala

full member

Activity: 163

Merit: 100

Luk, soy tu padreeee

"You will be able to get back your bitcoin,..."
till the doomsday.......
Angry

dyingdreams

full member

Activity: 175

Merit: 100

Quote from: OgNasty on October 05, 2012, 11:55:29 PM

Quote from: dyingdreams on October 05, 2012, 11:54:39 PM

do you have a list of shareholders and number of shares?

No.

Well from this message on the GLBSE site, "You will be able to get back your bitcoin, and if you want to reveal your username, email, and a bitcoin address to accept payments with, you can continue your relationship with the issuer of any assets you hold," I would think they have some intention of making this available to you at some point, although if they don't I imagine there's not really anything anyone can do about it.

Also, I don't really know how things work on your end; did NASTY have any funds stored on the site from sales of shares, do you have possession of it, or is it all tied up in mining hardware and pre-orders? Thanks in advance, just trying to figure out where NASTY and its shareholders stand.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: ErebusBat on October 05, 2012, 11:19:22 PM

I find it very concerning, as I am sure most people do, that he would request 'identifying info' to payback. Why couldn't he just put up the website and allow us to claim our vouchers?

Because he needs to tell the government where he sent coins to.

OgNasty

donator

Activity: 4732

Merit: 4240

Leading Crypto Sports Betting & Casino Platform

Quote from: dyingdreams on October 05, 2012, 11:54:39 PM

do you have a list of shareholders and number of shares?

No.

dyingdreams

full member

Activity: 175

Merit: 100

So am I correct in assuming you at least have the potential to maintain this operation and honor all existing shares; i.e. do you have a list of shareholders and number of shares?

ErebusBat

hero member

Activity: 560

Merit: 500

I am the one who knocks

I find it very concerning, as I am sure most people do, that he would request 'identifying info' to payback. Why couldn't he just put up the website and allow us to claim our vouchers?

OgNasty

donator

Activity: 4732

Merit: 4240

Leading Crypto Sports Betting & Casino Platform

Quote from: kuzetsa on October 05, 2012, 10:47:35 PM

Didn't you say at one point... like weren't you were privately handling not-held-in-GLBSE shares for someone and directly paying dividends?

No.

Quote from: kuzetsa on October 05, 2012, 10:47:35 PM

I'm assuming you withdrew all the IPO funds already, and as such, any money paid into GLBSE ticker "NASTY" is actually already in-play for hardware?

Let's hold off on making assumptions until more information is released.

jasonharty24

newbie

Activity: 27

Merit: 0

I would assume that the dividends would be suspended for now since Ognasty has no way to send them out.

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: segabtc on October 05, 2012, 12:25:06 AM

If anyone wants to sell some NASTY share let me know.

lol the timing for that is (I believe) AFTER the "oops GLBSE broke"

... I want to BUY some more actually. Was planning to pick up a couple more shares before dividends tomorrow, but now I'm not sure how to even track my portfolio or how dividends will work.

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: OgNasty on October 05, 2012, 09:48:39 PM

Quote from: theymos on October 05, 2012, 08:00:57 PM

GLBSE user funds are more or less safe, but I have bad news from the GLBSE shareholder meeting.

Nefario has, without a shareholder motion and in violation of the bylaws and GLBSE ToS, decided to close down GLBSE. Users will be able to collect deposits only after submitting identity info. A similar system to the one that Goat was forced to use will be provided so that assets can be traded elsewhere.

He is also illegally using user deposits to pay for his lawyer. If he continues, the GLBSE cash reserves (which I manage) will not be enough to cover costs and GLBSE will be in debt to users.

I'm very sorry about this, but those shareholders who are sane are helpless against Nefario and the insane shareholders who for some mind-boggling reason think that closing down GLBSE in this way will help both themselves and GLBSE users.

Since Nefario refuses to give complete details about his legal concerns and he has been acting strangely, I feel that it is somewhat possible that Nefario is working under some sort of plea bargain and is gathering IDs for future prosecution.

This is concerning...

Yes, perhaps.

Didn't you say at one point... like weren't you were privately handling not-held-in-GLBSE shares for someone and directly paying dividends?

... Really wish I had some way to prove that my GLBSE stake in nasty is "12 shares" right about now. Ah well, I'm sure it'll get sorted somehow / at some point.

I'm assuming you withdrew all the IPO funds already, and as such, any money paid into GLBSE ticker "NASTY" is actually already in-play for hardware?

somebody accidentally sent me a private message and I responded with this:

Indeed...

All I know for certain is that GLBSE is unavailable, theymos is pissed at nefario as a result (level of communication, etc.)

... and there is probably some degree of "lawyering up" going on.

The only companies I have shares which were traded on GLBSE the owners / operators are pretty cool

some will even allow you to hold your shares outside of GLBSE, still get dividends, etc. so all is not lost.

What is it they say / suggest about never investing more than you can afford to lose?

I'm personally not "dead in the water" as a result of (temporarily?) being unable to manage any assets via GLBSE. I have not been "scammed" as far as I'm aware.

OgNasty

donator

Activity: 4732

Merit: 4240

Leading Crypto Sports Betting & Casino Platform

Quote from: theymos on October 05, 2012, 08:00:57 PM

GLBSE user funds are more or less safe, but I have bad news from the GLBSE shareholder meeting.

Nefario has, without a shareholder motion and in violation of the bylaws and GLBSE ToS, decided to close down GLBSE. Users will be able to collect deposits only after submitting identity info. A similar system to the one that Goat was forced to use will be provided so that assets can be traded elsewhere.

He is also illegally using user deposits to pay for his lawyer. If he continues, the GLBSE cash reserves (which I manage) will not be enough to cover costs and GLBSE will be in debt to users.

I'm very sorry about this, but those shareholders who are sane are helpless against Nefario and the insane shareholders who for some mind-boggling reason think that closing down GLBSE in this way will help both themselves and GLBSE users.

Since Nefario refuses to give complete details about his legal concerns and he has been acting strangely, I feel that it is somewhat possible that Nefario is working under some sort of plea bargain and is gathering IDs for future prosecution.

This is concerning...

novusordo

sr. member

Activity: 800

Merit: 250

Quote from: kuzetsa on October 05, 2012, 01:45:09 PM

Quote from: OgNasty on October 04, 2012, 08:11:41 PM

I don't want to speculate on anything until I've seen the announcement on Saturday.

What's all this now?

Is nefario or GLBSE-related somebody or other is making an announcement? What?

Placeholder for link if I can find more info... potentially (( if I'm not being lazy playing minecraft all weekend ))

Check out glbse.com.

kuzetsa

sr. member

Activity: 369

Merit: 250

Quote from: OgNasty on October 04, 2012, 08:11:41 PM

I don't want to speculate on anything until I've seen the announcement on Saturday.

What's all this now?

Is nefario or GLBSE-related somebody or other is making an announcement? What?

Placeholder for link if I can find more info... potentially (( if I'm not being lazy playing minecraft all weekend ))

^ and now I have inserted the "more info":

Edited to add: "more info"

Quote from: kuzetsa on October 05, 2012, 11:02:34 PM

Quote from: Bitcoin Oz on October 05, 2012, 10:58:23 PM

((...snip...))

if security issuers refuse to AMl they wont get access to their shareholder info.

Oh, awesome. Is that all? Do you actually have a reliable non-confidential / public-type source for that statement?

I'll gladly cough up AML-type identification to the security issuers and/or any regulating agencies for my jurisdiction (and that of GLBSE, and of the security issuer) if that's all it takes to un-freze my GLBSE portfolio

segabtc

sr. member

Activity: 462

Merit: 250

If anyone wants to sell some NASTY share let me know.

OgNasty

donator

Activity: 4732

Merit: 4240

Leading Crypto Sports Betting & Casino Platform

I don't want to speculate on anything until I've seen the announcement on Saturday.

Yogafan00000

sr. member

Activity: 314

Merit: 251

Hi, I am a minor (12) holder of Nasty shares on GLBSE and I had every intention of increasing my holdings of this security over the next several months.

This GLBSE debacle now has me spooked. I've studied OGNasty's posts and determined that from the professionalism and composure of his posts that he is honest and genuine in his BitCoin endeavors.

I'm interest to know OGNasty's opinion on the whole sordid GLBSE affair and what it might mean for holders of Nasty shares.

Thank you.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: ?? on ??

Quote from: DutchBrat on October 03, 2012, 06:31:32 PM

1. I did not do the comparison until now Shocked

(How bad is that lol)
2. I don't like mining bonds as they will decrease in value when difficulty goes up, no matter what (hence I did not compare the 2)
3. I do like the fact that Nasty is backed by hardware
4. I am also invested in ASICMINER, in my mind either ASICMINER or BFL is first to get ASICs hashing, so I needed BFL exposure to offset the ASICMINER risk

1. I did way back in July - and I'm still confident. Up to a price of 0.7 BTC I will hold NASTY shares, though block halving is coming two weeks earlier than I expected then.
2. It would be nice if there would be real bonds available.
I only know of perpetual bonds, like Gigamining, and worse, they have an unfair call mechanism (not even providing a guarantee on principle). Finally, some have unsettling similarities with ponzi-schemes, when they mix real MHash/s and virtual MHash/s, therefore would probably default, if difficulty would not rise enough.

I saw this proposed offering and believe they are "real" bonds because they hold the principal and have a specified buyback time. https://bitcointalksearch.org/topic/asicminingb-asic-investments-establishing-my-investment-firm-part-1-112232

DutchBrat

hero member

Activity: 868

Merit: 1000

Disclaimer: I bought Nasty shares last week below 0.40

Gigamining is paying out 0.0123 per share dividend
Nasty is paying out 0.002027 per share dividend

Adjusting for share price, Giga pays 5.5 - 6 times as much dividend per share as Nasty

Nasty has a 246 week payback time (shareprice / weekly dividend)
Gigamining has a 45 week payback time (shareprice / weekly dividend)

It doesn't really matter how much they state the mining contract is worth... these are the cold hard facts

Why did I buy Nasty and not Gigamining would you ask....

1. I did not do the comparison until now Shocked

(How bad is that lol)
2. I don't like mining bonds as they will decrease in value when difficulty goes up, no matter what (hence I did not compare the 2)
3. I do like the fact that Nasty is backed by hardware
4. I am also invested in ASICMINER, in my mind either ASICMINER or BFL is first to get ASICs hashing, so I needed BFL exposure to offset the ASICMINER risk

That's my reasoning... I am sure others will have other reasoning for buying or not buying Nasty shares

Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 195. (Read 957542 times)