allthingsluxury (OP)
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October 19, 2012, 08:33:27 PM Last edit: October 19, 2012, 08:45:25 PM by allthingsluxury |
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Bitmit appears to be shutting down due to upcoming law changes. This is really unfortunate, as I was really liking this service. It was a great alternate place to list my products and I actually made quite a few sales on there. Not sure exactly what happened but this is the message that I just received when I tried to login to my bitmit account: "Bitmit closes Dear valued Bitmit user, Unfortunately we have to shut down Bitmit because of upcoming law regulations in our country. Our server is going to be turned off in about four weeks. Please complete your orders and withdraw all your Bitcoins within that timeframe.
We are very sorry for that We really enjoyed the collaboration with this awesome Bitcoin community! :*
Thank you so much for your support!
Your Bitmit Team
If you like you can spend us a goodbye beer :/ 1EP2w3vVAwTCK2xptWYAvBsM982sqaDz9w - Thank you! "You can also see it for yourself here: https://www.bitmit.net/en/What country are they located in that this would cause an issue? Are they being strong armed? P.S: for any of you who have bought from us on bitmit and have any questions or concerns, you can reach us here: http://www.allthingsluxury.biz/Contact-Us-2.html
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SaltySpitoon
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Welcome to the SaltySpitoon, how Tough are ya?
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October 19, 2012, 08:36:56 PM |
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Awww, that blows
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WikileaksDude
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October 19, 2012, 08:39:09 PM |
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Why doesn't the owner sell the website to someone willing to run it. IMO there is a shitload of ppl capable of running the site.
This way its a win win.
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Maidak
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Vave.com - Crypto Casino
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October 19, 2012, 08:39:20 PM |
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Yeah that really does suck I checked the contact us page. https://www.bitmit.net/en/info/contactFlat B20/F, Infotech Center No.21 Hung To Road Kwun Tong, Kowloon Hong Kong
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allthingsluxury (OP)
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October 19, 2012, 08:41:27 PM |
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I know this is horrible. I would also really like to see them sell it off. Of course I know there might still be some lingering legal issues if they do this. Someone needs to start up an alternative site. I was seeing HUGE potential there.
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Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog
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WikileaksDude
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October 19, 2012, 08:45:57 PM |
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I know this is horrible. I would also really like to see them sell it off. Of course I know there might still be some lingering legal issues if they do this. Someone needs to start up an alternative site. I was seeing HUGE potential there.
HUGE? It was going to be amazon on steroids. A flawless auction/sales bussiness.
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justusranvier
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October 19, 2012, 08:46:17 PM |
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Someone needs to start up an alternative site. I think it's called Silk Road.
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nomnomnom
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October 19, 2012, 08:50:50 PM |
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God damnit. Not bitmit I hope someone buys it and takes over or something,
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tosaki
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October 19, 2012, 08:52:05 PM |
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Sadly this is true.. If someone is interested in buying the site feel free to contact us ( support@bitmit.net)
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Arto
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October 19, 2012, 08:55:34 PM |
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Sadly this is true.. If someone is interested in buying the site feel free to contact us ( support@bitmit.net) Any details on what new regulations are motivating the closure, pretty please?
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tosaki
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October 19, 2012, 08:57:57 PM |
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Sadly this is true.. If someone is interested in buying the site feel free to contact us ( support@bitmit.net) Any details on what new regulations are motivating the closure, pretty please? Financial supervision requires special licences for businesses which holds customer funds
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FreeMoney
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Strength in numbers
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October 19, 2012, 09:00:43 PM |
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Sadly this is true.. If someone is interested in buying the site feel free to contact us ( support@bitmit.net) Any details on what new regulations are motivating the closure, pretty please? Financial supervision requires special licences for businesses which holds customer funds So it is only the escrow part you worry about? What about finding a few trusted escrow services and simply recommending those?
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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greyhawk
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October 19, 2012, 09:18:47 PM |
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Sadly this is true.. If someone is interested in buying the site feel free to contact us ( support@bitmit.net) Any details on what new regulations are motivating the closure, pretty please? Financial supervision requires special licences for businesses which holds customer funds So it is only the escrow part you worry about? What about finding a few trusted escrow services and simply recommending those? What makes you think there is a single legal escrow service in Bitcoin Country?
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Raoul Duke
aka psy
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October 19, 2012, 09:20:15 PM |
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Sadly this is true.. If someone is interested in buying the site feel free to contact us ( support@bitmit.net) Any details on what new regulations are motivating the closure, pretty please? Financial supervision requires special licences for businesses which holds customer funds Why is that a problem now when it wasn't before, may I ask?
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nedbert9
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October 19, 2012, 09:28:00 PM |
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This is upsetting.
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allthingsluxury (OP)
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October 19, 2012, 09:28:38 PM |
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Sadly this is true.. If someone is interested in buying the site feel free to contact us ( support@bitmit.net) Any details on what new regulations are motivating the closure, pretty please? Financial supervision requires special licences for businesses which holds customer funds Can't you just go back to a non escrow system, rather than shut the whole thing down. User feedback is typically a very good system for weeding out the corrupt.
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allthingsluxury (OP)
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October 19, 2012, 09:33:59 PM |
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Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog
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Arto
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October 19, 2012, 09:39:38 PM |
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Very meta
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bitcoinbear
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October 19, 2012, 09:42:00 PM |
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Shoot, I was just going to list a bunch of stuff there this weekend. I guess I will wait until the situation stabilizes.
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