Nefario - page 66. | Bitcointalksearch.org

Bogart

legendary

Activity: 966

Merit: 1000

Quote from: Bitcoin Oz on October 08, 2012, 05:52:10 PM

A paper wallet has been generated and all outstanding funds should be going there soon. Its not an easy process to wind down such a large company like GLBSE as you can imagine. Nefario is still in contact with everyone and untill he refuses to communicate via secure channels things are still in motion, albeit slowly.

I don't want the funds going anywhere but into the wallets of their rightful owners.

Quote from: Bitcoin Oz on October 08, 2012, 05:52:10 PM

I feel sad that in all likelihood any visible bitcoin company is going to face the same fate as GLBSE and its not really nefario you should be angry about.

I'm angry with the way this whole thing has been (mis-)handled. I see no one but Nefario to blame for that. I do believe he said on glbse.com that he would begin returning funds "today", which is now yesterday. I'm still waiting empty-handed.

oldschool

full member

Activity: 168

Merit: 100

Quote from: mc_lovin on October 08, 2012, 06:13:12 PM

excellent to hear progress!

forgive my ignorance, but what does the paper wallet help?

They always see people getting away with whitecollar crimes on tv by shredding the evidence, yet he didn't have anything to shred.... The paper wallets will take care of this problem.... they can shred the evidence and get away with the crime now!

mc_lovin

legendary

Activity: 1190

Merit: 1000

www.bitcointrading.com

excellent to hear progress!

forgive my ignorance, but what does the paper wallet help?

k3t3r

full member

Activity: 183

Merit: 100

Quote from: Bitcoin Oz on October 08, 2012, 05:52:10 PM

Settle down peeps.

A paper wallet has been generated and all outstanding funds should be going there soon. Its not an easy process to wind down such a large company like GLBSE as you can imagine. Nefario is still in contact with everyone and untill he refuses to communicate via secure channels things are still in motion, albeit slowly.

I feel sad that in all likelihood any visible bitcoin company is going to face the same fate as GLBSE and its not really nefario you should be angry about.

good to hear.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Settle down peeps.

A paper wallet has been generated and all outstanding funds should be going there soon. Its not an easy process to wind down such a large company like GLBSE as you can imagine. Nefario is still in contact with everyone and untill he refuses to communicate via secure channels things are still in motion, albeit slowly.

I feel sad that in all likelihood any visible bitcoin company is going to face the same fate as GLBSE and its not really nefario you should be angry about.

Bogart

legendary

Activity: 966

Merit: 1000

Quote from: Arto on October 08, 2012, 05:24:28 PM

I was just reading an old Nefario interview from June 2011, and the following bits (among others) jumped out at me given where this ended up at:

Quote

[...] we suspect that within the next 6 months many if not most bitcoin exchangers (especially MT.Gox, but also non exchanging services such as glbse.com) will be shutdown by various authorities around the world.

This will cause a liquidity problem for us(never mind our prime service being out of operation) and nearly every other business that uses bitcoin (this includes our suppliers). It would also kill the overall buying power that has grown with bitcoin over the last 6 months or more. This will seriously hurt our ability to operate and our bottom line.

To prevent this happening we hope to have the nomico.in (and CryptoCloud for it to run on) up and running before this eventuality.

Find the full interview at: http://bitcoinweekly.com/articles/interview-with-nefario-founder-of-bitcoin-global

In the same vein, I posted this earlier, but will make it more prominent here:

Quote from: Nefario on May 28, 2012, 04:22:17 AM

We've just completed our first step in disaster planning for GLBSE, the unfortunate (and hopefully unlikely) event of my death.

I am now happy to say that should I kick the bucket GLBSE would be able to continue on without me in full functionality.

Our next step is to try to have encrypted, near realtime snapshots of the GLBSE database stored offsite. Currently we have daily offsite backups.

Nefario

https://bitcointalksearch.org/topic/glbse-disaster-planning-84062

Arto

donator

Activity: 213

Merit: 100

I was just reading an old Nefario interview from June 2011, and the following bits (among others) jumped out at me given where this ended up at:

Quote

[...] we suspect that within the next 6 months many if not most bitcoin exchangers (especially MT.Gox, but also non exchanging services such as glbse.com) will be shutdown by various authorities around the world.

This will cause a liquidity problem for us(never mind our prime service being out of operation) and nearly every other business that uses bitcoin (this includes our suppliers). It would also kill the overall buying power that has grown with bitcoin over the last 6 months or more. This will seriously hurt our ability to operate and our bottom line.

To prevent this happening we hope to have the nomico.in (and CryptoCloud for it to run on) up and running before this eventuality.

Find the full interview at: http://bitcoinweekly.com/articles/interview-with-nefario-founder-of-bitcoin-global

oldschool

full member

Activity: 168

Merit: 100

Quote from: johnlu on October 08, 2012, 05:05:19 PM

Just one our left...

Too bad mathew isn't around anymore.... I could see some wild bets going around right now!

EDIT:

Anyone want to make some bets right now? I'll do a couple of 1 to .1btc bets that he doesn't pay in the next hour. My 1btc to your .1btc...

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: johnlu on October 08, 2012, 05:05:19 PM

Just one our left...

Doesnt look good then... Damn!

johnlu

sr. member

Activity: 471

Merit: 252

Just one our left...

the_thing

sr. member

Activity: 546

Merit: 252

Proof-of-Stake Blockchain Network

Quote from: Come-from-Beyond on October 08, 2012, 10:13:35 AM

Quote from: the_thing on October 08, 2012, 06:41:58 AM

Haven't been here for a few days. Please could anyone sum up the situation for me?
I'm getting my popcorn ready Wink

Drama again.

That should be the motto of Bitcoin Talk.

BTC BitcoinTalk - drama again

Bogart

legendary

Activity: 966

Merit: 1000

Quote from: SebastianJu on October 08, 2012, 02:08:00 PM

By the way... when is later today for nefario?

Chorley time is currently at UTC +01:00, so it's a bit after 9 PM there now. He has just under 3 hours left in the day.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

In that case it would be proof of a scam. But till now he still can be honest. Not in the best way but at least at the most important part.

oldschool

full member

Activity: 168

Merit: 100

Quote from: SebastianJu on October 08, 2012, 02:08:00 PM

I know all what happened. And that he got the tag already. I only say that its still not sure that he wont give it out. But giving him the tag maybe breaks this will. I mean at least one could have wait until the time he himself said that he will refund everyone. Its breaking glass before really needed. Its still possible that he is as honest to give back the funds. Otherwise he would get problems cause he is known in person. So i critizise to give the scammer tag that fast because it has the potential to make a scammer out of him even when he didnt plan it.

But its done already... lets see how this ends...

By the way... when is later today for nefario?

I'm guessing later today for Nefario is around the same time frame as 2 weeks for Pirateat40...

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

I know all what happened. And that he got the tag already. I only say that its still not sure that he wont give it out. But giving him the tag maybe breaks this will. I mean at least one could have wait until the time he himself said that he will refund everyone. Its breaking glass before really needed. Its still possible that he is as honest to give back the funds. Otherwise he would get problems cause he is known in person. So i critizise to give the scammer tag that fast because it has the potential to make a scammer out of him even when he didnt plan it.

But its done already... lets see how this ends...

By the way... when is later today for nefario?

punningclan

sr. member

Activity: 283

Merit: 250

Making a better tomorrow, tomorrow.

I just tried to PM Nefario but I have been blocked, this is only the second time I've tried to contact him. What is the process of getting my funds and Bitcoins back?

oldschool

full member

Activity: 168

Merit: 100

Quote from: SebastianJu on October 08, 2012, 01:49:19 PM

oldschool... what could nefario do with the shares? Exactly nothing. So he can give it back because its nothing worth to him. If he would really be a scammer then he would at least try to blackmail shareholders to pay him something to get the infos about shares.

Regarding the scammer tag... couldnt you wait a bit? I mean it can take some days when he wants to create such script. So now he has the tag and could think that all is lost. No one will invest into his new platform. That could lead to "take what i have" even when he didnt plan it from the start.

So no... giving that tag would be better later. I mean who could he still scam now? And how?

Not the best move in my opinion.

He didn't just steal shares... he has an estimated 6000-8000btc also. The forum administrators and staff have already decided that he is a scammer with all of the information that has been presented.

stochastic

hero member

Activity: 532

Merit: 500

Quote from: SebastianJu on October 08, 2012, 01:49:19 PM

oldschool... what could nefario do with the shares? Exactly nothing. So he can give it back because its nothing worth to him. If he would really be a scammer then he would at least try to blackmail shareholders to pay him something to get the infos about shares.

Regarding the scammer tag... couldnt you wait a bit? I mean it can take some days when he wants to create such script. So now he has the tag and could think that all is lost. No one will invest into his new platform. That could lead to "take what i have" even when he didnt plan it from the start.

So no... giving that tag would be better later. I mean who could he still scam now? And how?

Not the best move in my opinion.

He already has the scammer tag.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

oldschool... what could nefario do with the shares? Exactly nothing. So he can give it back because its nothing worth to him. If he would really be a scammer then he would at least try to blackmail shareholders to pay him something to get the infos about shares.

Regarding the scammer tag... couldnt you wait a bit? I mean it can take some days when he wants to create such script. So now he has the tag and could think that all is lost. No one will invest into his new platform. That could lead to "take what i have" even when he didnt plan it from the start.

So no... giving that tag would be better later. I mean who could he still scam now? And how?

Not the best move in my opinion.

Bogart

legendary

Activity: 966

Merit: 1000

Just thought I'd leave this here.

I assume it does not help us, or it would have already been used.

Topic: Nefario - page 66. (Read 198705 times)