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Topic: <nefario> [Pirate assets] are not listed or traded anymore - page 2. (Read 4796 times)

hero member
Activity: 686
Merit: 500
Wat
Sounds like now is a good time to pick up cheap shares of pretty much everything.

I sure hope all the fund managers are watching and scooping up deals for their clients!

Theres not many good investments. Part of the reason glbse is changing is to bring in some real companies rather than ponzi schemes and ever reducing mining returns.

hero member
Activity: 686
Merit: 564
And, well...I've ponied up some time ago to trade at MPEx. I use a command line client, so I really don't give a rats ass if he's selling porn. The interface assures me that if necessary, the web interface can be pulled. It's considerably more secure than anything else I've seen in bitcoin.
The original version of GLBSE used a command line client and private key authentication. Nefario changed it to the web interface that exists now because having to mess around with the command line actually made it unusable to most people.
legendary
Activity: 2940
Merit: 1090
I use a command line client, so I really don't give a rats ass if he's selling porn. The interface assures me that if necessary, the web interface can be pulled. It's considerably more secure than anything else I've seen in bitcoin.l)

Have you tried Open Transactions at all? Most people seem more interested in having a GUI, but folks who actually use command-line would be great to find out if the commands provided so far are sufficient or more are needed...

-MarkM-
hero member
Activity: 518
Merit: 500
Sounds like now is a good time to pick up cheap shares of pretty much everything.

I sure hope all the fund managers are watching and scooping up deals for their clients!
hero member
Activity: 532
Merit: 500
Waking up to "Asset Delisted - you're fucked" when the above should have been done has absolutely infuriated me.

We'd never have guessed.

GLBSE is doing what it needs to do to survive and become a more legitimate exchange. If you don't like it, you're welcome to spend $240 on joining Mircea's Porn Exchange (that is what MPEx stands for right?)

So, if what "we" need to do to survive, is arbitrarily screw investors, then that's ok? Um. no. That makes GLBSE a totally unsafe place to list or trade, in my book.

And, well...I've ponied up some time ago to trade at MPEx. I use a command line client, so I really don't give a rats ass if he's selling porn. The interface assures me that if necessary, the web interface can be pulled. It's considerably more secure than anything else I've seen in bitcoin. And - look - the assets aren't garbage. And there's options trading. Yes, please do leave that to people who understand more about money than investing in ponzi schemes and house-of-cards insane insurance, and guaranteed money losing bonds, and fake stocks and oh yeah...the lulz.

Maybe titties on the screen make a guy think about money better. Anyhow, I'd rather trust my money to a horny financial type than a geek overseeing lots of scams any day.

In fact, I'll probably I withdrew my GLBSE funds straight to MPEx. (EDITED after withdrawal)
hero member
Activity: 756
Merit: 522
Waking up to "Asset Delisted - you're fucked" when the above should have been done has absolutely infuriated me.

We'd never have guessed.

GLBSE is doing what it needs to do to survive and become a more legitimate exchange. If you don't like it, you're welcome to spend $240 on joining Mircea's Porn Exchange (that is what MPEx stands for right?)

Pirate is doing what he needs to survive and become a more legitimate pirate too. Who's "we"?
sr. member
Activity: 336
Merit: 250
Waking up to "Asset Delisted - you're fucked" when the above should have been done has absolutely infuriated me.

We'd never have guessed.

GLBSE is doing what it needs to do to survive and become a more legitimate exchange. If you don't like it, you're welcome to spend $240 on joining Mircea's Porn Exchange (that is what MPEx stands for right?)
hero member
Activity: 532
Merit: 500
All the more reason to get your money the hell out of GLBSE.

Um. trading something likely illegal? As if most of the other (investor's money-losing) assets on GLBSE are likely "legal" according to the SEC.  OBSI.HRPT? CPA? C'mon - what's really "legal" on that market? - you've gotta be fucking kidding me with that argument to close trading down. (those defaulted assets should move, to where inexperienced investors can't see them).

Anyhow - the issue isn't about "getting money back from pirate" its about closing down a position that was being actively traded, with no notice.

The issue, is GLBSE doing whatever fucked thing they think of, with no notice. I'm sick of that, and really won't work with it. It's a HUGE red flag going forward. And, every time I see a flag that color red, the red ink is about to flow -- watch out people.

But meh. It's all about pirate anyhow.  idiots can't see past that "OOOH I'm right!!! It's a ponzi!!! to see what's the real issue - I guess bigass letters don't help for most of you. Let me restate it: it's about the exchange not giving notice of actions that are not carried out in an emergency.

Trading was closed with exactly zero communication or notice (which should have been provided on the GLBSE website, not this forum). That's fucked when it's something so many are interested in, and when there was no pressing reason for an emergency halt.

Saying "we'll be closing trading of PPT bonds in 1 week at this time" - this is fine

Waking up to "Asset Delisted - you're fucked" when the above should have been done has absolutely infuriated me. But, I figure most of you still can't fucking read, and will think I'm upset because "I lost all my money to pirate" wah wah. no. I'm irritated at the handful of btc I had tied up in trading a pile of bad debt. Any money I lost to pirate has been long since written off as a loss - but the few btc I put into increasing the size of my trading position could have been put to other use...especially if I'd had some notice that the exchange would be delisting the assets I was trading. (I'm well aware that trading had all but stopped since pirate's last announcement, but I also anticipated more action on those assets in the future) It's not about pirate, it's about delisting an asset without notice.

The risk trading on GLBSE has passed the threshold for me. The effort to legitimize GLBSE is, and will be, screwing current GLBSE investors for some time to come. Ah. Let's see how many more issues are closed without notice because of fear of the SEC.

Sorry if I seem a little irritated. I am. (Especially since I've now found that GLBSE has delisted 100% of Goat's assets - of which I only held a couple -P bonds that were part of my PBD holdings (pirate bad debt Wink )
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
Would you rather Nefario allowed trading in what are almost certainly illegal assets whilst the SEC is already investigating those assets?
Do we actually know that the SEC is investigating? (Is this the letter from Philip Moustakis?)

Yes they are.
legendary
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
Would you rather Nefario allowed trading in what are almost certainly illegal assets whilst the SEC is already investigating those assets?
Do we actually know that the SEC is investigating? (Is this the letter from Philip Moustakis?)
sr. member
Activity: 336
Merit: 250
So, will anyone be getting their money back?  Huh.
I thought it's been obvious for over a month that the answer is no  Roll Eyes

Sane people announce some time before not some time afterwards.

That's the last fucking straw.

Why would I want to use this exchange for even one more day?

Answer: I don't. I will liquidate the rest of my portfolio there, and use a sane exchange. Like LitecoinGlobal, and MPEx. FFS.

GLBSE is fucked - a board including usagi, nothing but scam assets, and investor miliking assets, and now halting trading on assets, further screwing investors. Nice work Nefario...Thanks - I really appreciate more losses.

Bad enough the assets are global scams, but when you can't count on the fucking exchange not to screw your position, what is the point?

In the effort to keep investors from getting screwed GLBSE will screw investors.
Would you rather Nefario allowed trading in what are almost certainly illegal assets whilst the SEC is already investigating those assets?

If you hold pirate debt your money has been gone since august.
Deal with it.
member
Activity: 70
Merit: 10
Sane people announce some time before not some time afterwards.

That's the last fucking straw.

Why would I want to use this exchange for even one more day?

Answer: I don't. I will liquidate the rest of my portfolio there, and use a sane exchange. Like LitecoinGlobal, and MPEx. FFS.

GLBSE is fucked - a board including usagi, nothing but scam assets, and investor miliking assets, and now halting trading on assets, further screwing investors. Nice work Nefario...Thanks - I really appreciate more losses.

Bad enough the assets are global scams, but when you can't count on the fucking exchange not to screw your position, what is the point?

In the effort to keep investors from getting screwed GLBSE will screw investors.

Yes, try MPEX run by a romanian pornographer in which 90% of all trades are done on margin.

Good luck with that!

Hey, there's nothing wrong with being a pornographer.

There is something wrong with a 20BTC (?) registration fee. That can't be good for liquidity...
jr. member
Activity: 56
Merit: 1
We can no longer access any of the so called "black market" bonds including PPT.A
so now we can't even sell to the 0.32 wall....  it was 0.32 insured  - where is the insurance now?

Had a chat to Nefario - seems to be a sensible precaution for the time being.  If you needed to redeem the insurance option that should still be possible, but you would need to contact me directly.

Just as an update - I have done an insurance payment today for someone so the system still works.

To be clear, we can't list PPT assets anymore, they are still on our books, and in your accounts, but cannot be put on the market.

If we allowed this it would put us in compromised position.
donator
Activity: 588
Merit: 500
Sane people announce some time before not some time afterwards.

That's the last fucking straw.

Why would I want to use this exchange for even one more day?

Answer: I don't. I will liquidate the rest of my portfolio there, and use a sane exchange. Like LitecoinGlobal, and MPEx. FFS.

GLBSE is fucked - a board including usagi, nothing but scam assets, and investor miliking assets, and now halting trading on assets, further screwing investors. Nice work Nefario...Thanks - I really appreciate more losses.

Bad enough the assets are global scams, but when you can't count on the fucking exchange not to screw your position, what is the point?

In the effort to keep investors from getting screwed GLBSE will screw investors.

Yes, try MPEX run by a romanian pornographer in which 90% of all trades are done on margin.

Good luck with that!
hero member
Activity: 532
Merit: 500
Sane people announce some time before not some time afterwards.

That's the last fucking straw.

Why would I want to use this exchange for even one more day?

Answer: I don't. I will liquidate the rest of my portfolio there, and use a sane exchange. Like LitecoinGlobal, and MPEx. FFS.

GLBSE is fucked - a board including usagi, nothing but scam assets, and investor miliking assets, and now halting trading on assets, further screwing investors. Nice work Nefario...Thanks - I really appreciate more losses.

Bad enough the assets are global scams, but when you can't count on the fucking exchange not to screw your position, what is the point?

In the effort to keep investors from getting screwed GLBSE will screw investors.
hero member
Activity: 756
Merit: 522
Sane people announce some time before not some time afterwards.
sr. member
Activity: 336
Merit: 253
Gone phishing...
So, he might end up in jail living off at the taxpayer's expense?  Undecided.
legendary
Activity: 1358
Merit: 1002
So, will anyone be getting their money back?  Huh.

Would you like your money back before or after he goes to jail? lol
legendary
Activity: 3472
Merit: 1722
So, will anyone be getting their money back?  Huh.

Pirate's lawyers?
sr. member
Activity: 336
Merit: 253
Gone phishing...
So, will anyone be getting their money back?  Huh.
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