Topic: Nefario GLBSE - page 16. (Read 28552 times)

I'm here if you need me.

FWIW:

I remember when this happened, and I remember Nefario telling people NOT to buy stocks in GLBSE because at the time it was in fact a SCAM.

Nefario does not deserve a scammer tag and anyone with any sense knows this.

if Nefario made a promise he cannot "legally" keep than we need to as a community release him of this obligation because I do not believe for one second that he had any malicious intent what so ever.

Send the scammer tag mob someplace else today because Mr. Nefario is as legit as they come and he has contributed much more to this community than most of us.

Fantastic lol

I would like to hear more about this "safe sexchange" you speak of. I'm not saying I'm into that or anything, but anything of considerable importance to Bitcoin is important to me.

Will this be funded by GLBSE?

:-)

-p

I tried to get you to PM me or post on page 1, twice. You haven't yet.

Goat has thus far refused to communicate with me, so I'm going to go ahead and post my thoughts based on the available information.

I don't think Nefario is a scammer.

If Nefario were to honor those shares, he would be in breach of contract with the shareholders. He cannot issue new shares, nor can new shareholders be brought in without a vote from existing shareholders. Giving him a scammer tag for not doing something he legally can't do is not ethical or logical.

Yes, I think we can all agree that having a safe sexchange is of considerable importance to the bitcoin economy. But back onto the topic at hand.

Really what happened is 7-8 months ago there was a scam on GLBSE that a number of people fell for. This was prior to the time that GLBSE started to vet assets. On a weekend when I was away someone launched an asset called GLBSE, a number of people bought it without checking if it was legit.

Total amount scammed was along the lines of about 30BTC.

The problem we currently have was caused by how I dealt with this. Failing to reserve the asset name GLBSE I felt had enabled it to happen. And I announced that those assets that were sold would be honored, at the time I thought I had the power to make this decision.

Turns out I didn't, GLBSE has bylaws and rules which it operates by (despite what some people think I can't do what I like) and to issue more shares (which is what this would amount to) required a vote of approval from existing shareholders. It also requires a vote of approval to allow someone who is not already a shareholder to become one.

Now several months later we're registering GLBSE as a legitimate company, with registered shareholders, because we want to bring on real companies to list. So this means we have to cross the T's and dot the i's. As a result I can't leave this issue as it currently stands.

What can I say, I messed up several months ago and now it's back to bite me in the ass.

Did I make a mistake while running the first bitcoin stock exchange in the early days, yes and I'm probably going to make other mistakes down the line, I'm human and what we're doing has never been done before, so that seems inevitable.

Did I scam people, intentionally mislead or swindle them? No.

GLBSE and I didn't sell any of those shares and we didn't profit from them, quite the contrary we're buying them back at the price they were originally sold, so thats a direct cost to us.

When I made those statements about honoring the asset, I did so in good faith, based on the assumption that I had the power to do so, that assumption turned out to be wrong.

Let me guess? You give us your word?

+1

+1

can someone recap wtf are you talking about or PM it to me?

Goat's plan:

    1) Spread FUD
    2) Buy stock cheap

He would be a fool not to take responsibility for this and protect the reputation of his exchange.

So many scams going around these days, he could really reap the benefits of being known for truth, honesty, integrity, and having a safe exchange.

Thats called the michael jackson approach.

I'm calling it now: Nefario will pay for this out of his own pocket. Everything will go back to normal.

Bitcoinsoap, a new chapter develops. Somebody should make a movie about it.

Wonder how this will effect the other stocks on glbse

I was responding to this post.


He's asked us to deal with it so you would be talking via personal message with me and Maged. Public is fine with me too I don't care either way, I expect you would post the PMs after the fact anyway.

So nefario finally shows his true colors.