Topic: Nefario GLBSE - page 14. (Read 28552 times)

So, let's recap:

• Fake GLBSE shares are not actually real GLBSE shares
• Nefario doesn't has the individual power to convert the fake shares to real shares without a motion (out of his control), so he cannot honor his word
• Nefario didn't specify when he would do such conversion

Hmm. So the best solution seems to be: Freeze all fake GLBSE shares indefinitely.

I predict Goat will get "face value"

Well he didn't shut down trades.
But it was before he noticed the scam and took action against it.
The asset in it self is older then GLBSE V2 so several months.
//DeaDTerra

Can we get an exact timespan it was trading for? I was considering purchasing shares of GLBSE for a couple of weeks.

You know Goat, just stating the same thing over and over again is pretty boring and not going to get you anywhere.

When you brought these shares (after the fact so you say), there was a good chance that they would have been converted but there were plenty of reasons why that might not happen. If they had been, you would have made a killing. But it was never a dead certainty, so you must accept that there was always a chance this would not pan out. If you had had a bit more foresight, you might have asked additional questions - you might have realised that this would mean dilution of existing shareholders holding and you might have realised that it would require a board decision, not just the word of the ceo.

Its not a scam because it was never the intention to scam. Scam requires intention and it must be obvious that that is not what has happened here. This is the meaning of the word, and its not applicable here. You Goat, took a gamble, and lost. I think you would be lucky to get back what you paid for the scammy glbse stock, after all then you have your money back. (Well let me clarify, perhaps an equivalent to fiat since the value in fiat terms of the bitcoin may have changed since then.)

Probably Nefario was careless in what he said - what he might have said is I will take this to the board with the recommendation that they honour the scammy stock with intention of protecting the good name of GLBSE because it would surely be worth it to the board. But in fact the board have made a different value judgement. They could have agreed, in which case Goat and others would have been quids in!! But they didnt and they are not and its not at all unreasonable to suggest that Goat could have foreseen this as a possible outcome.

If you look at normal stocks and shares, price spikes caused by comments, sometimes careless are common place and you cannot claim afterwards that they should have the value they had during the spike - you brought - you lost out.

Goat keeps on stating the same simple minded statement again and again because he still sees an outside chance that he might profit enormously. But I think that he should be given no more than their original value back for the shares, possible less and that this should be a time-limited offer. (After that the offer is OFF!!) And I'd say no way does Nefario deserve a scammer tag.

If it were up to me. But, of course it is not.

He is paying you for it.
I guess you deem it not enough, based on how much you managed to sell it yourself, apparently 10BTC.
There is no basis for expecting 10BTC a share. You cannot solely determine the price of a share, you don't know how many shares there are in total and the market is greater than you.

The price you sell something at cannot be what you expect and demand others to pay you at a future time.
I feel there is less and less in your favour...

A scammer created the asset while Nefario was away.
People thought it was real.
Nefario felt that it was his fault for not noticing it and removing it immediately instead it traded for a couple of days.
To be nice Nefario said that he might decide to take up this asset and share any potential profit with the share holders.

Nefario was in a totally other situation then he is today, GLBSE was a small hobby project barely making anything. He was trying to be nice and repay the people that got scammed.
Now by misusing this and forcing Nefario to convert into GLBSE V2 shares you are misusing his word and his promise, he promised out of niceness and because he felt it was his fault. To now come several months after when the situation is totally different and expect a piece of the cake of GLBSE V2 is offensive.

Nefario didn't get anything out of the scam asset called GLBSE on the exchange, the scammer did. Nor was he in the same situation as he is now, a easy way out is to claim that the asset was for GLBSE V1 which is now dead, then he would not broken his promise and he would owe you nothing. But I doubt Nefario will do that, instead he will probably settle it with is private capital, what ever you get take it because it's more then Nefario morally and legally have to give you.

Now can everyone stop taking a shit on Nefario and let him get to work...
//DeaDTerra

 I suggest you take the buyback price and stfu because its the best youre gonna do.

If Nefario would get a scammer tag, this would be the wrong thing in my p.o.v.

Interesting sentence...
How could someone tell you were now(at the time) a part owner of GLBSE if you hadn't bought any shares yet?




Drunk? Or just trying to hustle your way to the top?

You are admitting to trading stolen property ? I think you need a scammer label...

Extortion of glbse shareholders.

At the time he made that promise, he either knew or should have known that he couldn't keep it based on his existing contractual obligations. He made it anyway. He and others profited from that false statement, whilst people like Goat who had no reason to believe that Nefario wouldn't fulfil the promise he had made - because unlike Nefario they didn't have any way of knowing about the contract stating he couldn't - have lost money.

what exactly is your proposal ?

Yes.

I assume the asset issuer withdrew them.

So the asset was traded after it was identified as a scam?

The same wouldn't happen again today, would it?

You could try thinking win-win to achieve a mutually beneficial outcome for all.
As currently, it seems more like greed at the expense of others and even yourself leading to disappointment and craving.
On the map of consciousness put forth by David Hawkins, such emotions lead to more struggle through a process of enslavement.

For you it appears as disappointment and from the outside, it appears as denial. I think we can agree on that.
Nefario's honesty and transparency is palpable yet again and should trigger a similar response on your part.

To be rich, you need to make someone else rich first. It makes the process much easier in my humble opinion.

Important factor: What happened to the IPO funds for the phony stock?

I thought it was from Hancock..

http://www.youtube.com/watch?v=z51e45W0Tdk

1:30 or so..