Topic: Nefario - page 24. (Read 198713 times)

I have read his blogentry the way that he went through half of the lists of users that got a double payment. So i think he is contacting them one by one and forcing them, maybe with their asset infos or naming them on the board or something like that. In a week he went through half of the list and i think in another week the rest should be done. Whatever the result will be then. I dont mind if he make the users public that keep others users money hostage. I mean thats no better than nefario keeping the asset infos hostage. These users have no right to complain. Whoever they still are.

He should of course be specific... but on the other hand... he cant be too specific because the users with double payment could think... "oh then he doesnt need my money back" or similar.

At least he doesnt claim that he expect to get everything back. And it looks like he is working on this topic at the moment. So in one week lets see what he is saying. If he is naming the users keeping the others users money hostage or whatever new infos he has.

He needs to define "most".  Otherwise "most" is entirely subjective and he can drag this out forever with no good reason.  It seems highly unlikely that anyone who hasn't already returned their overpayment will suddenly do so.  Whether "most" is 70%, 80% or 90%, Nefario needs to be clear about what the benchmark is and how long he intends to wait for it to be reached.  Right now, the way it looks from the outside is that he's setting it at an unrealistically high level so that he can use it as an excuse for halting refunds and continuing to with-hold information from asset issuers and their users.  It's up to Nefario to convince people that's not the case.

What is Nefario's plan if his totally arbitrary benchmark for "most" is never reached?  He needs to commit to a date after which the refund process will continue whether or not that benchmark has been reached even if it means that users receive less than the full amount owed to them.  He also needs to pass on user information to asset issuers right now there is literally no good reason for his continued failure to do that - he's intentionally created a situation where the value of that information is diminishing by the day.

Nefario is not acting in good faith.  Sooner or later his frustrated users will start acting in bad faith too and he'll have only himself to blame when that happens.

FIFY. Why's the straight dope so tough to handle?

FIFY. Why's the straight dope so tough to handle?

I continue to wait, having heard absolutely nothing from GLBSE.

What a joke. I think I prefer pirate just freaking stealing my money to nefario playing little boy games with it. This is making me feel like I'm dealing with the children at Bitcoinica Consultancy again.

Glad to see nefario's involvement with intersango rubbed off & he learned as many of Patrick's best habits as possible before leaving for GLBSE full time. I wouldn't know what to do if a bitcoin business closed down and actually gave me something back.

Not a very productive post on my part, but, wtf. The thread must grow!

I never thought that, but in hindsight it sounds like a great idea.

In short, Nefario makes you furio.

Yes, 2.0 was pretty much the beginning of all this, though I'd prefer the perspective they had when it was implemented as a command-line client. I was more worried about the security challenges 2.0 would bring than what we are facing now, though that was probably because I was kinda assuming the shareholders had a synchronized copy of the database at all times (if I had suspected this wasn't the case I would've gotten out long ago, but Nefario gave the impression that this was being handled, which makes me furious).

As I understand, Nefario himself wanted to move to a more user-friendly, appealing and more centrally-dependent system so that he could profit from it. It's understandable, since a more open approach would lead to a somewhat distributed environment (which I'm guessing genjix would have preferred).

The little word "most" shows that nefario isnt insanely thinking that he will get all of the money back. Thats a good sign for me because he is aware that it probably will be "most" only. It could be another way... at least he made some strict decisions in the past so that one could fear that he wouldnt make a compromise here too.

"A small majority" constitutes "most". Two weeks.

That's unacceptably "vague".  What constitutes "most"?  What happens if James is unable to recover "most" of the overpayments?  James needs to commit to a timeline.  Anyone who is going to return their overpayment is likely to have done so already.  Refusing to move forward until some arbitrary amount of still outstanding overpayments is returned is just power-tripping.  People are running out of patience with James' bullshit excuses and are likely to look for retribution rather than restitution if this drags on much longer.

Important word.

The GLBSE.com is back, read this notice again.

Sure he could do. But for some reason he made his mind set that the asset info only can be give out when the btc are paid out. Because payments of issuer could be misinterpreted with payments from glbse and vice versa. As if... Issuer should state when they pay out something. There shouldnt be a problem. So why is he doing it this way? Because he dont want to give out the info in reality or because he really set his mind stuck in the though that one thing has to follow the other?

I think in a week we should get more info and draw our consequences of his statements. In a week he should went through the other half of the list of double payments. Then payments should move on. But even then... he has way more usermoney than the one that was double paid. Or was it really that much that all remaining money was gone? Maybe the erraneous script stopped paying out when there was no money left?

Anyway... not much choice what to do than wait.

I don't understand why he can't tell the asset issuers who their investors are despite shutting down.  Why is that part illegal?  We could be working things out with the people we loaned btc to directly if we had a way to show them we invested with them.

Just so.

I behooves us all to remember that despite what the uninformed media would have us believe,  "path" at the end of a word does not mean "evil genius".

Psychopaths are unlikely to be able to perform such a con.

Bitcoin is a psycopaths wet dream.

As MPOE-PR says, Nefario dug a hole without asking the council where the gas pipes were and people wonder why theres a smoking crater where the house used to be. Or he could just be a psycopath and this was all a long con.

There is no way that statement could be further from what happened here. It's diametrically opposed. What is very sad is people capable of confusing the diametrically opposed somehow finding the keyboard.


Enthusiasm is no substitute. For anything.

The enthusiast, when lacking any other redeeming feature (such as, in this case, the most basic of any skill, any sort of morals or even cursory socialization) are a significant liability to any endeavor, no matter how simple. Even when merely digging ditches, the enthusiastically stupid are dangerous.


This is false. All Nefario has done is give BTC securities a black eye, and this is counting only his first year in operation with that bullshit non-thing that he promoted as "a btc exchange", and completely glossing over the past few months. In general, all this sort of people can do is ruin things.

I can appreciate you hate money in general and rich people in particular, would prefer to live in a world of the gleefully incompetent and truth-by-consensus and display a number of other mental issues in glaring, jarring colors. However, all these are your own, again, mental issues, which you should be resolving. Preferably, with medically qualified help.