Electronics for bitcoins? Feedback :)

[egyproductions]

hello!

Please have a read and give your feedback!

So we are launching a site soon, an online store for cheap affordable electronics using bitcoin
Here is a sample product...







We will have hundreds of products, check our product range -



full List of products here


Nearly all products are less than 1BTC


Our affiliate program:


With our large selections of  electronics and gadgets you can promote a wide array of products using your referral tools.  whether you are an affiliate marketer or a blog/site owner, you will surely find products that will appeal to your audiences.

our our affiliate program pays 16% of life time purchases made by referred members. payments are sent automatically on your Bitcoin wallet every 24 hours!

[egajuarsa]

Why is so cheap?

[egyproductions]

That's the niche we will be focusing on, cheap medium/good quality.

We have cheaper products too, smartphones for less than 0.4 BTC

[unamis76]

The screenshots look good... If you're legit and ship things nicely I guess everything will go well. And if you include an escrowing service, even better

[pawel7777]

The first question I'd ask myself before buying from you is 'are you legit?'.

If you start a new platform that only accept BTC you'll have a real problem with gaining trust. Few questions:

Will you also accept fiat, if not, why? Are you registered business, if so, in what country? Why are you launching new platform instead of using any existing (trusted) one?

[LiteCoinGuy]

this is too good to be true....but....






(but honestly? stay away, probably scam   ! )

[egyproductions]

Thanks for all the Feedback!

of course, it takes time to gain peoples trust, especially when comes to crypto-currency, you have to be extra carefully, i really cant do much to prove to you legitimacy, the only way that can be established is through time, and hopefully we are able to build a reputation.


for bitcoin to succeed, we need to learn to trust each other, but of-course in every place on earth, there is the scammer and the legit, and only time reveals both. one thing for sure, is people can be more truest worthy than the current financial system.

We do not accept any payment except coins

why?

well, if you are able to buy cheap products exclusively with bitcoins doesn't that make bitcoin a little more valuable? i am a bitcoin enthuiest and i believe one way to catch people attention about bitcoin, is to provide a reason for them to use bitcoin as a payment, in this case, because they are able to buy cheap goods using me and my colleagues web store.

If we treat bitcoin with the value it deserves, then this is when the sky becomes the limit.

[egyproductions]

@LiteCoinGuy

I will post an update here when the site is launched.
Hopefully you can leave your feedback here after you receive your order

[dothebeats]

Quick question: how can we confirm the legitimacy of your service? Nowadays, I could probably set up a site wherein I'll offer my peers this things for this cheap. Also, being a new service, it is pretty shady if you'll only do bitcoin transactions because apparently, most of the time you could run away with the money with the minimal risk of having sued by your customers because bitcoin isn't accompanied (at least on my knowledge) to some theft laws. There are no laws existing for customer protection when it is payed in bitcoin.

Last one, will you be selling pc parts?

[Xialla]

looks cool, just please ask somebody for correct grammar errors etc. "playsation" sounds like "adihash"

[pawel7777]

i really cant do much to prove to you legitimacy, the only way that can be established is through time, and hopefully we are able to build a reputation.

Incorrect. There's plenty ways to prove your legitimacy.

for bitcoin to succeed, we need to learn to trust each other...

Incorrect. It's the opposite, Bitcoin is about clear rules and trustless system. If you want a system based entirely on trust, use IOUs.

We do not accept any payment except coins

why?

well, if you are able to buy cheap products exclusively with bitcoins doesn't that make bitcoin a little more valuable? i am a bitcoin enthuiest and i believe one way to catch people attention about bitcoin, is to provide a reason for them to use bitcoin as a payment, in this case, because they are able to buy cheap goods using me and my colleagues web store.

If we treat bitcoin with the value it deserves, then this is when the sky becomes the limit.

So you're saying that your goal is not to build a profitable and sustainable business but to pump the price of bitcoin?

You dodged my other questions. Here they are again:

...
Are you registered business, if so, in what country?
Why are you launching new platform instead of using any existing (trusted) one?

[egyproductions]

Not really, we are making profits, and about legitimacy, you would have to wait and see u guess, i will be active here on the forums and on our forums as well as on IRC, and hopefully the reviews will start coming in when we deliver our first orders!

We will also have a 12 hour phone support line.

[egyproductions]

About your questions, no we are nit registered, we are a group of university graduates working with a team of freelancers from a small office in oxfordshire

[egyproductions]

Please also have a read of the affiliate program details, it will be launched a week after (fingers crossed) we are fully running and online

[shulio]

About your questions, no we are nit registered, we are a group of university graduates working with a team of freelancers from a small office in oxfordshire

If you are not registered than this means that your product may not be your creation but you can put in parts from product A-Z and create your own. From the look of your products it seems that you are coming from China. I know that in there the phone parts are easily obtain and people could create their phone easily from parts

[dothebeats]

About your questions, no we are nit registered, we are a group of university graduates working with a team of freelancers from a small office in oxfordshire

If you're talking about a business, then a registration is a must because it is one way of showing your legitimacy towards your peers and customers. Without this, I don't think anyone would be gullible enough to hand you some bitcoin with a promise of sending the product over in x amount of time. Even if you say you are university graduates and freelancers, you need to abide by certain regulations if you're planning to set up a business.

[egyproductions]

I am not from china, but alot of the products are, again, about legitimacy, this takes time, even registered businesses can be scams, i disagree with you, hell even banks are scams..

Anyway i will be updating this thread when we launch, but please keep the feedback coming!

[Amph]

maybe i'm missing something but you can found that exactly model for 70 euro, don't look that cheap to me

is that model the same as this(they look the same)

http://www.myefox.it/blackview-breeze-mtk6582w-13ghz-quad-core-45-pollici-fwvga-screen-android-50-3g-smartphone-g-159158

http://www.ebay.com/itm/Blackview-Breeze-4-5-inch-IPS-Quad-Core-Smartphone-Android-4-4-8GB-ROM-8-0MP-3G-/191549081651(this is with androind 4.4, but still it should not make a great difference)

[dothebeats]

I am not from china, but alot of the products are, again, about legitimacy, this takes time, even registered businesses can be scams, i disagree with you, hell even banks are scams..

Anyway i will be updating this thread when we launch, but please keep the feedback coming!

From the way you reason, you give me another thing not to trust you. If you want to create a legitimate business trusted by your peers, then you must at least try to appear legitimate. In this case you aren't. Heck, you haven't provided even a single piece of proof that you'll be operating legitimately. How would I even trust a business that isn't even aware of capitalization on proper nouns, spelling, and the capitalization of the word "I"? Please, try harder.

[MonkeyCoin11]

In fact you resell item from website like AliExpress ^^
So you buy it for us for BTC ?

[dothebeats]

In fact you resell item from website like AliExpress ^^
So you buy it for us for BTC ?

Nothing is revealed about their business model. Maybe it is like that, because the gadget that OP just posted in here costs around $80 on different online markets. Reseller or not, I'm still doubting the legitimacy of this service.

[Herbert2020]

it is so hard to trust anyone these days. especially with bitcoin; the whole thing about it being irreversible makes everyone to think twice before spending their bitcoin on an unknown service.

[Xialla]

it is so hard to trust anyone these days. especially with bitcoin; the whole thing about it being irreversible makes everyone to think twice before spending their bitcoin on an unknown service.

yes, unfortunately it is because of non-reversible transactions, no authority and anonymity.it is just attracting retards and all kind of SCAM from whole world.. the biggest advantage on one side can be easily turned against customer on other side..

[Jeremycoin]

How about the shipping costs? you need to add more details about the shipping costs

[egyproductions]

Yes, we do re sell products from china, we have a few suppliers who are from ali express,shipping ranges between $10 and $28 depending on how quick you want to get your order.

We have spent alot of money on that website, if this was a scam, a cheaper website without SSL encryption, you can tell its not a scam, since we are trying to build a community. But if you insist its a scam, and have doubts, i suggest your do not buy anything until reviews come in.

We are not registered
We do not use Fake money (fiat)
and we are more than just an online bitcoin store.

[PenguinFire]

How is fiat fake money?    I do not get that at all.  I think your website is probably legit if you paid for a SSL license.

[egyproductions]

Yep we have an SSL license.

We there is no value in the paper money, any can print a paper and give it a fictional value.

[bornil267645]

I don't know whether the offer is too good to be true. But it might be. And if it is, then it is a very good initiatives to involve more people. This will encourage buyers to learn BTC as well as new companies to integrate with BTC.

[egyproductions]

I don't know whether the offer is too good to be true. But it might be. And if it is, then it is a very good initiatives to involve more people. This will encourage buyers to learn BTC as well as new companies to integrate with BTC.

Exactly! thats what i mean^ final someone who understands my enthusiasm, one way to support bitcoin is to battle the other types of payments, since all other payment (for example paypal) force users (in a way) to use their type of payment, which is fiat money/credit card (aka illusional of fictional money)  hopefully when we grow we plan to expand by buying in much larger quantities for stock at extremely low wholesale prices that combined with the original low price of Chinese products would be sold on our store at extremely low prices, but as we only accept bitcoin, that in a way puts value into the currency.. see where i'm coming from?

[bitbaby]

The screenshots look good... If you're legit and ship things nicely I guess everything will go well. And if you include an escrowing service, even better

^This. I think if you want to truly come out as a legit service, you need to enable a third party escrow service. Especially since you're dealing with electronic goods.

You have to understand that people's past experiences shopping with Bitcoins haven't been too great and
companies who looked real turned out to be not. So don't be alarmed with all these question because if you're really legit, you'll survive in the end and it's just that people don't trust anyone these days and I don't blame them.

Anyways all the best with your site.

[grendel25]

Seems like if you advertise it well electronics for bitcoins would make a really good business model.  There are already businesses that take BTC for various electronics like Overstock.com, Newegg, Tigerdirect and many more big and small businesses. 

I hope the business is successful.  It's always good for BTC as long as businesses are doing good thing for the BTC community to include providing a valuable service.

[egyproductions]

Thanks for all the feedback!

Hopefully we will implement an escrow service soon after we launch with a few weeks.

[tss]

Thanks for all the feedback!

Hopefully we will implement an escrow service soon after we launch with a few weeks.

yes you should use a trusted escrow.  without such, it will be difficult, for you to part a fool with his money.  there are very few fools left in the bitcoin game due to the amount of scamming going on.  everyone here is p.i. bitcoin nowadays.

ohh.. and.. i smell scam.

[Xprim777]

Will the shipping be free and international ?

[dothebeats]

Can you provide an exact date for the launch of your service? Also, as others have already pointed, please consider using escrow until you build a good reputation among the community.

[unamis76]

Apparently this has launched... Any feedback about them?