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Would love to hear when you start shipping to Canada.
do you pick up Canadian coppers while you still can? Heck, if you can get *any* Canadian pennies the value is already well over face! Actually I do, I have a massive amount of them at the moment. Have been taking them out of circulation for a long time now. They are incredibly easy to find since they kept making them until the late 1990's here. They will be completely going out of circulation soon though as Canada is getting rid of the penny and going to 5 cents as our lowest denomination. Nice. Even wrote two articles on it: http://coincollectingenterprises.com/copper-pennies/keep-canadian-copper-penniesand http://coincollectingenterprises.com/copper-pennies/canada-eliminates-the-pennyI think it's important that the people keep the value in these coins rather than hand them back to the government. Glad you have a stash! |
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Would love to hear when you start shipping to Canada.
do you pick up Canadian coppers while you still can? Heck, if you can get *any* Canadian pennies the value is already well over face! |
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Would love to hear when you start shipping to Canada.
Wish I could ship copper pennies to Canada but it's illegal to do so. |
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Good morning! At least to those I can ship to and Afternoon/Evening to everyone else!
Here to answer any questions anyone may have and respond to any product size requests.
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I placed an order today. The communication was excellent. I will post again when I receive my order.
Coins came today. Thanks! Great! Thank you for following up and letting me know! |
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It was stupid and not professional to announce the closure without figuring out the alternatives we have. As I already said we have a serious solution which will be a benefit for all of us. Informative details to this whole story and - for more transparency - background information about Bitmit will be published soon (bitcoin magazine, codinginmysleep.com).
Tiny update:
- Positive ratings are allowed when the incoming payment status is unconfirmed
There is a very difficult path choice as a company owner to decide exactly how transparent serious problems your company faces should be made available to the public. Personally, I think it was bold of you to be so honest about your situation and I have the deepest and most sincere respect for you doing so. Whether it was the right decision monetarily, it is clear you made announcements based on caring about the people who use your services, and that compassion for the well being of others is a great thing. |
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You don't like currency stability?!
Surely this is a great sign: BTC stability in the face of sharply lightened trade (at least on Mt Gox, no clue about elsewhere).
I agree with this. Stability is what brings merchants (like me) and increases transactional mobility (made up words?) |
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Sell me on your product as a business that sells online. Meaning, what is the benefit of going through your service which charges a re-occurring percent fee of my overall BTC income compared to paying a programmer a one-time fee to incorporate an API to accept BTC into a pre-existing cart system.
Seriously. As a merchant, I'm open to the idea. But I don't see the benefit from a cost-savings perspective based on what I see on your website.
My needs are simple: During the checkout process of a pre-existing cart, I want a customer to be able to choose BTC as an option of payment where the only information I need is a U.S.-based confirmed shipping address.
EDIT: I also disagree with your view that Paypal is high fraud risk. Following their seller protection program, it actually is very low risk....
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Definitely some interesting reading at your site. You're just contributing to my already unusual fascination with copper pennies  Thanks! I'd love to hear your thoughts. The best kind of fascination with copper pennies is unusual haha. After all, it isn't every day that you can find something that has an investment value, currency face value, and numismatic value all at the same time that's so incredibly cheap per individual unit. The website is built in a manner of education and information as much as reasonably possible. |
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There are two other factors to consider:
(1) The first wave of sales of a new technology are often riddled with bugs, problems, and failures (think first 4g phone that was released as an example).
(2) The next wave of sales of a new technology are historically significantly cheaper in price compared to the first.
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Is it normal for copper pennies to sell below spot? This seems like a good investment opportunity but I don't know what I should be comparing to.
Edit: further investigation answered my question. Okay, that makes some sense.
It's definitely a unique product in and of itself. I've written a FAQ for the "basics" if you or anyone else would like to read more on it: http://coincollectingenterprises.com/faqA good comparison is to look at the price of Canadian copper pennies now that Canada eliminated producing more pennies to see how that has driven up Canadian copper penny prices. |
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10,000 copper pennies, delivered. Some wheats mixed in. The company has been very communicative during the process.
Overall, a great deal. +1 and will most likely buy again.
wasn't able to find much info on identifing/valuing rare 'wheat' pennies....got any links i can check out before i try to get CCE to ship some to canada? As much as I would love to ship to Canada, it just does not make sense given the main function of selling copper pennies as bullion investments and the legality involved of claiming some is bullion and other is numismatic. I've spoken to the FINCEN about my business and business practices and one of the factors that makes me not a money service business is that I ship only to the United States. As far as wheats go in the copper pennies. It's definitely a "value added" portion as I sell foremost as copper pennies and assume there are zero wheats. That way, anything that turns up valuable numismatically speaking is a happy bonus. |
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10,000 copper pennies, delivered. Some wheats mixed in. The company has been very communicative during the process.
Overall, a great deal. +1 and will most likely buy again.
Thank you and glad you are happy! Looking forward to doing business again. |
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Available to take orders and answer questions.
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Design Look: https://walletbit.com/pos/walletSomething about orange is throwing me off. Green is the color of money. Orange is like a pumpkin. The buttons could be okay but that giant orange bar at the bottom plays tricks on my eyes. I like it. Green is the color of the money only in some country: in Europe Euro ranges from blu to yellow, and so is for many other countries; and orange is the bitcoin logo color. This is a fantastic point. Perhaps a "where are you located" button may be the right way to go so you can "paint" your website colors appropriate to the psychological affects of money based on the geographical location of the merchant. Not so easy to find one: as I said before Euro is blue for 5 and 20 notes, red for 10, orange for 50, yellow for 200 and violet for 500, so what colour do you pick up? Other currency have the same problem of very wide range of colour too. Maybe is possible to make a css with some choice of colour (green for USA, orange for bitcoin lovers  and so on) but I still think that orange is the bitcoin colour I was thinking to simply it with a button choice upon entry of the website and then it takes you to the an appropriate subdomain which is all cloned from the main site with the appropriate different color scheme. It'd be very easy to implement without any real coding. |
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Design Look: https://walletbit.com/pos/walletSomething about orange is throwing me off. Green is the color of money. Orange is like a pumpkin. The buttons could be okay but that giant orange bar at the bottom plays tricks on my eyes. I like it. Green is the color of the money only in some country: in Europe Euro ranges from blu to yellow, and so is for many other countries; and orange is the bitcoin logo color. This is a fantastic point. Perhaps a "where are you located" button may be the right way to go so you can "paint" your website colors appropriate to the psychological affects of money based on the geographical location of the merchant. |
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Design Look: https://walletbit.com/pos/walletSomething about orange is throwing me off. Green is the color of money. Orange is like a pumpkin. The buttons could be okay but that giant orange bar at the bottom plays tricks on my eyes. Page addition: Would strongly recommend adding at least to the bottom of every page in your footer an "about us" page and "contact us" page. |
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So if you could go to a place and they'd take any quantity of cash for BTC or any BTC for any quantity of cash. Meaning, they could actually handle your volume needed.
How far would you travel for that service?
DISCLAIMER For Mr and Ms Troll:
Yes, I know, trading $1 is worthless to travel 50 miles. Let's assume we're talking about moving at least several hundred dollars and up in the thousands and more range.
Yes, I know, I am talking in dollars and BTC is international.
Let's dismiss local laws for the moment.
Yes, I know, you can make counterfeit dollars, let's assume for a minute that for once, no one is trying to scam someone else.
Yes, I know, guns kill people and knifes stab people and this sounds like a place just begging to get shanked, let's assume for a moment we aren't all blood thirsty bath salt eaters.
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Excellent customer service and proactive resolution of even the smallest of issues.
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Friendly advice:
One of the BIGGEST things to remember in the merchant services field is that companies that are brick and mortar usually have early termination fees for leaving behind their old service (at least here in the States). So it may be advantageous to note in your website that your services are complimentary to existing merchant setups and do not require the customer to leave their pre existing services.
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