1007500+ entries in 0.786s
Azelphur: so much drama, people would watch
that shit
Azelphur: they need
to make a bitcoin movie man
mircea_popescu: <pigeons>
time
to just abandon
the whole forum scammer
tag deal << ya give
theymos one and be done with it
Diablo-D3: so I hope
the UK government fries his ass
Diablo-D3: matthewh3: I didnt "lose" investor money, nefario participated in scams and promoted
them for DMC investment.
pigeons: time
to just abandon
the whole forum scammer
tag deal
pigeons: no
this is matthewh3 from "red star mining"
Azelphur: also is
that
the matthew
that made
the bet and
then ran?
Diablo-D3: someone else can liquidate DMC, Im sure as hell not going
to be
Azelphur: seems like he's
trying
to bring GLBSE up
to legal regs
Diablo-D3: matthewh3: and you've been scammer
tagged on
the forums anyhow
Azelphur: I miss nefario, all
this drama is keeping him off IRC XD
matthewh3: there will be a new licensed exchange for companies
that pay all
taxes and follow all legal regulations
cryptorific: Diablo-D3: did nefario ever say it was legal? i was never under
the impression
that it was licensed
Diablo-D3: matthewh3: in other words he lied about
the legality of it and stole
thousands of bitcoins
matthewh3: well Nafario did say he closed
the exchange
to stay out of jail and
that
the GLBSE is never coming back. He also did
talk about a exchange for fully regulated companies
that pay all
taxes
mircea_popescu: i
think people are well jumping
the gun with all
the criminal and extradition
talk.
cryptorific: it is when it comes
to getting sent
to jail, id imagine extradition is alot harder from romania
than
the UK, but you're right from
the sense of legal liability, it doesn't matter
mircea_popescu: (fully willing
to file amicus briefs in any us consideration of bitcoin for
these purposes)
mircea_popescu: cryptorific it's not really a matter of jurisdiction
tbh.
cryptorific: mircea_popescu: i'm not saying glbse or mpex should be shut down, i just
think from a legal perspective
that
they have a serious legal liability, mpex less so because its based out of a less friendly jurisidiction but if i were you I'd be getting any politician i can
to here my case for official sanction
cryptorific: and do i
think a jury will buy
that, yea i do, its not a matter of law its a matter of what a jury will say
cryptorific: bitcoin is reducible
to money, as long as
there is one guy will
to give you fiat or gold, or whatever its reducible
to money
mircea_popescu: Any other consideration not reducible
to a money value is not consideration in money or money's worth.
cryptorific: ya, maybe nefario saw
the doors closing in on him, and
turned himself in before he got a swat
team at his door at 5am sunday morning
rg: not only is
that
true..
mircea_popescu: also, civil matters (which
this would likely be) aren't usually jury-tried.
mircea_popescu: matters of substantive law are never left
to
the jury.
cryptorific: mircea_popescu: i'm in law school in
the US. I say probably because a judge will leave up
to
the jury
the decision of whether bitcoins are a currency. A judge wouldn't make
that kind of determination here because its a matter of fact not a legal matter
Anduck: exactly, cryptorific.
there's no
turning back from
that point
cryptorific: Anduck: if bloomberg considers it a currency
then its made it big
time
cryptorific: Anduck: It probably would be considered currency if it came
to
trial. People forget
that because
the authoriities allow something doesn't mean
they will forever
jurov: haha good... i was also
thinking
to explain btc in
terms of Massive Multiplayer Online Player Game, should I
talk
to lawyer sometime
Anduck: person
to person it is
Anduck: well you cant
trade
them back
to fiat via
their services
cryptorific: anduck: just because
the currency isn't USD doesn't mean its not a security, I'm certain a good prosecutor will get a jury
to believe
that bitcoin is a currency, its readily converterible
to fiat and functions like currency
Anduck: and
then hire some REAL administrator
to keep it on
Anduck: he just shouldve hired some REAL coder
to do
the platform
cryptorific: ugh, anyone know whats
the
time
to get verified by mtgox is running
these days?
cryptorific: i'm sure
thats
the case, but when you can't get your hands on
the people
tht screw you, you'll
tend
to go after anyone nearby
to let out your frustration, doesn't make it right, but it is
to be expected
rg: people are just connecting pieces
that arent
there
rg: well even if i had
the data
cryptorific: rg: people are pissed, rightfully so, and
they're looking for some one
to hang
rg: i've copied a database
that wasnt even hosted at bitvps
rg: so
this will finally be sorted
rg: it wouldnt be mine
to give
rg: and
tell him i didn't snoop
through his VM
matthewh3: basically
the jist of what Nafario said on
the phone about
the shutdown was say he didn't want
to go
to jail
rg: and everyone
took
that
to mean
that I hav
the data
rg: why
the fuck are people accusing me of copying data from glbse
BTC-Mining: Eh. Well I'm off. Visiting relatives
this weekend, better get going.
Bugpowder: he should return
the current deposits
BTC-Mining: oh, as in yours or 100% of
the coins? =P
BTC-Mining: [14:25] <Bugpowder> if he doesn't return
them
to me
Bugpowder: The coins he is holding are a legal liability if he doesn't return
them
to me
BTC-Mining: At least
theymos, contrary
to his first post, eventually confessed he was just guessing it and actually didn't know at all if Nefario
took any user's fund.
rg: BTC-Mining: .. i surely hope
that's a rumor
RogueAI: besides if it's good enough for Corzine and
the rest of Wall Street, it's ok for Nefario ;p
BTC-Mining: Hey, what's all
that
talk about nefario
taking user's deposits for a lawyer?
That's not officially confirmed yet.
RogueAI: or
that he needs
to kill off glbse if he wants
to register a legal entity in
the UK
rg: for all we know, nefario found out he has
to move
to china or something
rg: which would seem
to suggst
th eissues are not legal
RogueAI: well now he seems
to be quite worried
RogueAI: my main issue is
that people questioned nefario about legal issues and he always said he wasn't worried
Diablo-D3: of course a scammer would say
that
matthewh3: he's not
trying
to steal anyones coins
matthewh3: just been on
the phone with Nafario for a good half hour
rg: hmm but 'the
tool box' seemed like such a kewl name
rg: seems
to be a large occurance of butt lucking
rg: smoov: and
take forever
to heal
rg: ill go out
there in a few mintues
to investigate
rg: i
think he might be an EMT
Bugpowder: apply pressure for 5 minutes see if
the bleeding slows
rg: he ran in here
to show me
rg: and somehow he managed
to get shot in
the back of
the leg with an arrow
rg: i gues
they were 'shooting arrows at
the wooden fence'
mircea_popescu: mostly
the people who were valuing
their paper above market value got murdered.
there's people with portofolios consisting of 100 btc, 1500 worth of "assets"
they were valuing 2-3k
rg: and it appears
to be coming out at a good pace