create a support ticket and tell the number to Dargo here

If all those funds they are holding are the investors then why not send them out?  My guess is they plan on spending them on some sort of deal to acquire something of Failfast's...what that is is anyone's guess.  I sure hope they put that to a vote before spending everyone's divs and getting them deeper into this disaster.

can anybody sumarize whats going on here?

Here is a lot of complaints. What is the problem on your side?

I have been using CEX.IO for a bit and I believe they are good but there system is flawed as ass with the maintenance costs sometimes going over the actual mining cost!  

What do you guys think?

Just because you included a rule that says you can steal peoples money doesn't make it legal.

If a bet is not confirmed in time it has to be returned.

people

There are numerous reports saying bitbet scammed users.

What you call a broker is just some guy who paid the 30btc and made a website in a few hours.

Both. A retarded shill.

At least there are recipes for cooking and eating them now.

Calm down Hoofprint, Will and Terra are honest people.

My apologies for being late.   

Guys, guys guys...

Your problem is that you still see Bitcoin as if it was a currency. It isn't... it is a commodity, which is easily bartered and can be used as payment for goods, but at its heart, it is a commodity.

Everything is priced based on their real-world cost, and the current commodity value of Bitcoin, so you know how much bitcoin to exchange. I know of no good or service, anywhere, that isn't pegged to real-world value, and where the cost of the item is strictly in Bitcoin with no regard for the real-world value of the item.

All I care about at the end of the day, is my real-world balance higher? And yes, it is.

=squeak=

Profit is still profit... coin value itself could have easily gone down too... some of us make investments and spend, others of us just hoard...

Hoarders don't help the bitcoin economy, spenders do... and those of us spending on mining hardware, invest in the health of the network long term, as we believe in it.

A worthwhile investment in my book. If it weren't for people like us, people like you would have no profits whatsoever.

=squeak=

They are only willing to see actual BTC amounts, not real-world value... in local currencies, it has definitely been profitable.

If you're looking at the real-world money that was spent, and your real-world return? Since that's what everyone's living expenses are in? Not too shabby.

=squeak=

Ya, that's why I donate my time, electricity, and have personally donated more than 25 BTC to the organization...  It's sad that I can be attacked with such ignorance.

As promised, I compiled all of the publicly available information dating back to the GLBSE days.  All statistics are averages based off of the actual seat trades using the daily USD conversion rates.

Thanks to those who attended the live chat

http://i.imgur.com/HcClRPM.png

http://i.imgur.com/YTC5xeu.png

http://i.imgur.com/LiJl7Jc.png

http://i.imgur.com/ZwSLcR6.png

Bitcoin is not the unit of account, as you are not held accountable for that unit by anyone.  If you lost BTC, but your BTC investment makes you a ton of money, you cannot simply claim you didn't make money.  Therefore, I choose to use the financial standards widely accepted around the globe as an account of measure.  Not only because it's obviously the correct way to do it, or because it is the responsible way to give numbers to members who choose to pay taxes based on the misbelief we aren't just allocating donations, but because it's the best way to show in real terms how an entity has performed over time.



Your understanding is incorrect.  NastyFans distributions come from donations.  These donations can come from any number of sources, but one thing is for sure, the amount donated has been highly tied to the USD exchange rate historically.  I think people definitely consider the exchange rate when making a donation, or any time they transfer BTC.



I am not peddling unregistered securities.  I didn't create NastyFans.  I don't run NastyFans.

Thus, anyone who chooses to believe that spending 1B and getting back 0.2B is losing money can take whatever pleasure from that misbelief they want.  I would hate to rob you of that.

Tell me again what "money" that you're referring to?  I'm sure the pursuers of your legal case would be interested in you further explaining yourself.

All I did was post public accounting numbers with added historical conversions so people could see realistically what has been earned/lost, and not just a result of the exchange rate from when invested until now.  I know you like to push your agenda, but it's tired and your justifications that someone lost "money" when a $1.54 investment turned into >$18 while also paying ~$4 in distributions simply displays a detachment from reality, which shouldn't be surprising to anyone who has any familiarity with your delusions of grandeur.

Try to explain your accounting exclusively in Bitcoin over a period of time to any real life businessman and you will be ridiculed for life (gold, real estate, bread, hookers, all would be better measures of value over time than Bitcoin).  You know this, so obviously you are just an emotional sad little mad who has backed himself into a corner and is lashing out anyone willing to point it out.  You're aiming at the wrong place though, which is why I assume you deleted your sad little post in my thread before being attacked for being an idiot.  NastyFans is an awesome, transparent organization that only does good for the community.  You on the other hand, are a cancerous troll to these forums, and it is obvious.