Bitcoin Forum

It seems that bitmit.net was sold!!

Some weeks ago there was a auction to buy bitmit but it had been closed and Tosaki told that he doesnt want  to sell bitmit anymore.

For your records: Tosaki is a native german user of the community.

I asked him today about the recent downtime of bitmit.net and the missing listenings.
My PN to him was writen in Native german but you should read his answer below:

So it seems that he SOLD bitmit.net and his account here to somebody else because this guy used google translate to read my PN...



He confirmed it:



That means some unknown guy is holding OUR money right now and we dont know Who he is. And in fact  some UNKNOWN guy got all our email adress and account information.

And this is surprising?  ???

Its surprising to me. This should have been made public. I don't like the sound of this at all...

As a frequent paying user I'd really like to hear a response to this, including the verifyable name and address of the current owner, actually I see no other way for me to continue using the service.

Are you sure? Can you show some link to prove this?

Ahhh just another day in the oh so very reputable bitcoin community. 

https://bitcointalk.org/index.php?topic=99521.msg1089550#msg1089550
There.

The plot sickens...

Didnt they have a auction on their own site to sell the domain and entire site and source a month or two ago.

Yes, but the auction was cancelled, and it was publicly announced that it wasn't going to be sold after all.

has this always been there?

PS: The traditional Chinese, '企業資料' means 'Company details' and '辦公地址' means operating address.

That means some unknown guy is holding OUR money right now and we dont know Who he is. And in fact  some UNKNOWN guy got all our email adress and account information.

At least he should give us his old forum account here. so that we can know who  he is.

Damn this was already several month ago before the offical auction on the bitmit site was there... so dont panic

this makes it even worse! it means u refused to tell the ppl that bitmit has been sold/traded and u didnt tell anyone who u are! will this get even more worse?

Whats the matter?

Whats the name of your old account here? Identify yourself.
You should understand that we cant trust somebody unknown our money.

So this tosaki handed over access to his forum account to a "new tosaki" who doesn't speak German? Shady to say the least.

Tosaki ][: Mind linking the post where you officially took over, being introduced by the former owner, cause that's how I would consider serious business doing it. I also support the demand for full disclosure of your identity.

In the end Tosaki ][ only makes it look like he's not Tosaki I after all so he can run with our money claiming he's got nothing to do with it?

Not good enough if you want to keep my buisness, im afraid.

I'm confused if bitmit was sold or not?  Or was there a fake auction?

Guys, guys. Remember the auction?

The auction that explicitly said how they were going to close/sell due to changing laws in HONG KONG?

Remember how Hong Kong is not in Germany?

Seriously. No one noticed that back then?

No.  But then again I dind't know Tosaki (the original Tosaki) was or wasn't German.

Very shady to sell site, forum accounts, email, etc to a new entity without making it public.   Lying (by omission) doesn't exactly inspire confidence.  I won't be using bitmit in the future and I have been an early supporter.

I'd like to see a reputable member purchase bitmit, Im sure this is propably still an option preferred by everyone.

Roger Verr,

I hope that wasn't you!

(see how shady actions link you to shady deals...)

wtf....


https://bitcointalk.org/index.php?topic=41592.0;topicseen

Wow, I just placed an order on bitmit last night and I now have "no permission" to view the order, after paying. Were my funds taken by the new owner or something?

Looks like the site was restored with my account and the way I left it. Note that earlier today it was a 2 day backup but now that seems to be fixed.

I have a feeling the new owner is good-willed. But secretely selling bitmit including tosaki account was a huge mistake.

yeah, it seems everything is restored (except one user who still complains it seems).

Let's see if confidence can be restored, too.

One would hope, but the new owner withheld the information of change of ownership just the same as the old owner withheld the fact that it had been sold.  I would almost say the new owner has more responsibility to report the change to the users of the site.

Good-willed, hopefully, but naive as well.

Well...maybe it's time someone actually made a good version of bitmit.

Another reason to switch to coinpost.com - since you put in your own BTC address for payment, no funds are ever held in a wallet outside your control.

Why don't you do that MPOE-PR.

Add it to your
Exchange
Your betting site
and your porn site.

That would be a nice diversified portfolio of companies.

Sounds like a good way for buyers to lose a lot of coinage.

Not the sharpest ball in the bearing are you.

Hmmm … don't know if I would buy there … don't need women shoes size 7 and that's basically all for sale right now.

Ok, joking aside :)
I checked it out and while I'm really not up for buying and have no clue yet, I'm about to add some coins for sale. Physical coins. Old coins. Older than 2009.
Which category would that be?

Oh but I want new coins. 1 Trillion $ Platinum coins?

Who owns coinpost.com?

If I understand it right, coinpost.com doesn't want to hold coins? I didn't see fees yet but I expect it will cost something to refresh a listing. If not now, maybe later. I like the idea of services that don't hold my coins.


I want them to make this coin. Please, do so. Now. 10 of them. Pleasepleaseplease ;)

So what? Decoupling of [real] identity and reputation is very bitcoin-y in my opinion ;)

https://www.coinpost.com/categories/collectibles-art

I assume you are running coinpost.com or how come you know about it while nobody else here ever posted about it?

I'm not, and I'm not the first:
https://bitcointalk.org/index.php?topic=119334.msg1284874#msg1284874
https://bitcointalk.org/index.php?topic=114749.msg1237324#msg1237324

The point is that we all assumed it would be that one german guy. I talked to this guy before in german and have come to trust him (maybe a mistake, don't know). I don't know wether the original owner (german guy) was obliged to tell us of the sale, but surely the new owner was. He failed to do that. Transferring a forum account to another person imo is questionable in itself.

Nobody seems to know who owns compost.com
Is it a good bitmit alternative? Is there a support?

I had one question as I tried the site out yesterday, in over 24h my message has not been replied, also there is virtually no information available on the site.

My order was fixed.

Why would a guy from Germany name himself tosaki and then sell everything to another guy from China?

& what happened to the user verification data?
hope the original owner did not wipe his as* with personal data protection regulations.

Good question

I don't know. But I can tell you he spoke german very well (like a native).

asia fan? :D

Why does anyone pick a particular nick, I wouldnt think too much of it.

Why would a guy from Canada name himself usagi and pretend to be a girl called Serena?

So usagi acquired Bitmit?

Oh, god. What if THE ASIANS acquiring bAsic are usagi and his multiple personalities?  :o

You just blew my mind man.

well I don´t understand everything, because my english knowns are shit and because I not read all the post.

But I want to buy something in bitmit, its secure?
Second, I accurately wanted to buy a object of the creator of the post, but this guy have prices very very lows, no shipping tax, and he dont have ID verification and don´t do scrow. Its all very suspect, he has seven comments all in two days one month ago and nothing more, alls of selling similar objects(gold and silver).

I think that he is the one who should apply the phrase "some unknown guy is holding OUR money right now" because all his acc smells scam or fraud or however it's said..

Not checking your facts I agree you should be cautious. If you want to buy silver at almost no risk, buy my silver. It's auctions starting at 1€ for stuff that has metal worth of far more. I was forced to use escrow so youI might loose your 1€ to the site owner but at least then we know he's the scammer ;)

… links below.

I'd like to publicly state that I have had no trouble accessing escrowed coins once released after the recent revelations. I would however like to state it again: Whoever is running bitmit needs to release information about himself publicly, you are undoutably seeing less escrow revenue by now. Since afterall whats the point of an anonymous escrow ?

if tosaki isn't answering at all, he and his service deserve to get some heat. it's a free market and as you can see in my sig i still consider his the best option but i'm happy to jump on any competition that raises above his currently poor reputation. if he speaks up and deals with his customers, he deserves all the fame for his great service. if he disappears leaving the server to rot, i hope for competition.

I am assuming this quoted email was sent as a PM  from tosaki to BTCGOLD?

"Bitmits good reputation" was already destroyed before this thread was opened. I would say the reputation was very much damaged when the message quoted here was posted: https://bitcointalk.org/index.php?topic=119334.0

A statement was needed as soon as bitmit.net was sold, giving full details of the sale. Or if it was never sold, a statement was needed as soon as people started expressing doubts clearly saying so. As a start, a statement is needed along the lines of: I am <person> from <address>, and I have owned bitmit since <date>, where I obtained it by <action>.

His attempts to delete/hide information posted here don't help his cause.


One of the most interesting features of bitmit is its escrow service. Unfortunately an escrow service is useless if people can't trust it. At the present time nobody can trust bitmit because nobody knows how owns it. How do we know he isn't related to the buyer? Or the seller? Any settlement involving disputes could be biased. Or he could disappear with the funds entirely.

In addition to the above, I think the information on the escrow service is lacking. http://www.bitmit.net/en/info/13/bitmit-bitcoin-escrow-service . e.g. how are difficult disputes resolved (e.g. insufficient evidence to tell who is telling the truth)? One extremely well known not-bitcoin service has a reputation of ruling in favour of the buyer. What does bitmit do? This uncertainty, IMHO, also affects the credibility of bitmit.

As for competition, I would like to see an escrow service that uses multi-signature transactions. https://blockchain.info/wallet/escrow - while you still need to trust that the escrow service has a fair and independent resolution process, if I understand correctly the escrow service can't disappear with the funds. Unless they manage to somehow conspire with one of the parties.

With a good escrow service, bitmit is not needed as much. You could, hypothetically speaking, conduct auctions or sales, on a more popular web based forum, for example. *cough* https://bitcointalk.org/index.php?board=73.0 *cough*. Although bitmit does make it easier to locate items for sale, and its ability to filter by country is also good.

Auctioning on forum will never be so good as on site like bitmit. I really don't want to see bitmit fall to point of no return, but tosaki is doing his best to do so...

Sold again?
https://i.imgur.com/WweGIEP.png

Any confirmation on this?

Check the date. ;)

Yea, August 23, 2013.

Bitmit.net was sold earlier and now up for sale again, or shutdown.
Was it sold twice already?

It was sold at least twice.

Just bid 8 bitcoins for the site, anyone willing to go with me on this?