Post
Topic
Board Securities
Re: (GLBSE) TYGRR.BOND-P 4.85% weekly uninsured pass though bond to BTCST
by
DeathAndTaxes
on 26/09/2012, 02:24:43 UTC
Goat had no losses (only profit) from the "fake GLBSE" debacle.  You keep talking about losses (multiple times in multiple threads).  Where do you get this silly idea that Goat "lost" anything?  He bought a handful of share he knew were fake for 0.05 BTC ea and sold at least 3 for 31 BTC and was given the option to redeem the rest for 0.1 BTC.  What loss did he incur? 

However I do agree that this has damaged GLBSE.  I will never offer a security on that site under any conditions.  The "we do what we want when we want" is too much of a counterparty risk.    If GLBSE wanted the ability to delist it should have been setup that way from the start.  If they wanted to add it they should have done so in a manner which didn't harm issuers and shareholders.