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Bitcoin => Bitcoin Discussion => Topic started by: Tuxavant on January 16, 2012, 10:33:59 PM



Title: BTCinch.com Shuts Down
Post by: Tuxavant on January 16, 2012, 10:33:59 PM
... stating "BTCinch is simply not a viable business in the US.", "All customer deposits will be distributed via a third party..." and "We are working out a transition plan for Merchants, who will be emailed specifics later today".



Title: Re: BTCinch.com Shuts Down
Post by: 2weiX on January 16, 2012, 10:38:01 PM
what? noooooooo....!

seriously, haven't gotten anything like this, even though I am using it.



Title: Re: BTCinch.com Shuts Down
Post by: Tuxavant on January 16, 2012, 10:44:49 PM
https://i.imgur.com/2JLCu.png


Title: Re: BTCinch.com Shuts Down
Post by: cypherdoc on January 16, 2012, 10:57:05 PM
why is there entire site still up w/o any notifications?

link to Dashboard?


Title: Re: BTCinch.com Shuts Down
Post by: bearbones on January 16, 2012, 11:14:59 PM
I wanted to notify all customers (bot is still sending out emails) before making a public announcement. I'll make an official post, once everyone is properly notified. Until then, please hold your horses.

-Ira

why is there entire site still up w/o any notifications?

link to Dashboard?


Title: Re: BTCinch.com Shuts Down
Post by: 2weiX on January 16, 2012, 11:24:00 PM
do. not. quit.
please.

thanks!

also, please reply to my email, hope we can work something out?



Title: Re: BTCinch.com Shuts Down
Post by: bearbones on January 16, 2012, 11:29:17 PM
Don't worry. I don't anticipate any down time for merchants. :)

Will email you and everyone else, once the general notifications are finished.

-Ira

do. not. quit.
please.

thanks!

also, please reply to my email, hope we can work something out?




Title: Re: BTCinch.com Shuts Down
Post by: payb.tc on January 17, 2012, 12:22:28 AM
not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.


Title: Re: BTCinch.com Shuts Down
Post by: nmat on January 17, 2012, 12:29:41 AM
not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.

Honestly, I don't think that there are many people buying things with bitcoins. These services charge a relatively small fee so they need more than just a handful of transactions per day to make it worth it.


Title: Re: BTCinch.com Shuts Down
Post by: payb.tc on January 17, 2012, 12:36:42 AM
not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.

Honestly, I don't think that there are many people buying things with bitcoins. These services charge a relatively small fee so they need more than just a handful of transactions per day to make it worth it.

well yeah, but what expenses would they have had? if it's a one-man programming show, all it takes is $0.?? in hosting fees and a supply of caffeine.


Title: Re: BTCinch.com Shuts Down
Post by: tiberiandusk on January 17, 2012, 01:23:55 AM
not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.

Honestly, I don't think that there are many people buying things with bitcoins. These services charge a relatively small fee so they need more than just a handful of transactions per day to make it worth it.

well yeah, but what expenses would they have had? if it's a one-man programming show, all it takes is $0.?? in hosting fees and a supply of caffeine.


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