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Author Topic: [warning] bitmit.net was sold secret without telling the community.  (Read 8557 times)
BTCGOLD (OP)
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January 19, 2013, 11:12:28 PM
 #61

1. https://bitcointalk.org/index.php?topic=135366.0

Can you please rename or close this thread? It is definitely damaging Bitmits good reputation. Please remove at least the "warning" tag.

We will publish information about our company and future of Bitmit soon so dont worry!

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January 20, 2013, 12:01:57 AM
 #62

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.

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January 20, 2013, 12:35:20 AM
 #63

1. https://bitcointalk.org/index.php?topic=135366.0

Can you please rename or close this thread? It is definitely damaging Bitmits good reputation. Please remove at least the "warning" tag.

We will publish information about our company and future of Bitmit soon so dont worry!

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.
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January 20, 2013, 12:47:10 AM
 #64

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.

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.
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January 20, 2013, 08:20:33 AM
 #65

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...
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August 23, 2013, 05:35:07 PM
 #66

Sold again?
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November 06, 2013, 09:35:44 PM
 #67

Sold again?



Any confirmation on this?
bernard75
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November 06, 2013, 09:46:07 PM
 #68

Check the date. Wink
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November 06, 2013, 09:55:52 PM
 #69

Check the date. Wink

Yea, August 23, 2013.

Bitmit.net was sold earlier and now up for sale again, or shutdown.
Was it sold twice already?
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November 06, 2013, 09:56:51 PM
 #70

It was sold at least twice.
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November 06, 2013, 11:32:20 PM
 #71

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

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