BitDials: Buy ORIGINAL ROLEX and other luxury WATCHES or JEWELRY with BITCOIN!

[BitDials]

Hi stonehenge,

it's not correct.

Firstly,  official dealers are getting Rolex from the factory with a 35-38% discount.
With some skills & longterm contacts it's possible to get a part of the above mentioned discounts on own purchases from AD's, especially on bulk purchases.

The second part of your question is better to answer with an opposite question.
How would you explain the existence and the huge volume on absolutely new and unworn watches on:
Chrono24, or online shops like Chronext, Horando,  Montredo, Luxurybazaar  all others around the world?
;-)

P.S. By the way we have not only Rolex.
P.P.S. We need to think about to raise our prices to retails, as most of the concerns are focused on it )))

Cheers,
André
BitDials by A.C.Watches

A pertinent post by a contact of mine:

The profit margin is 40%. One other thing though is Rolex requires their dealers to spend 5% of their wholesale volume on advertising every year. So if a dealer bought 500000 from Rolex, they must spend $25,000. I beleive most people who know about retailing would agree that this is not a large or profitable markup. If a store has a 50% markup on an item in Retail, after employees salary, rent, taxes, utitilities, other inventory that doesnt sell, etc, the retailer nets about 6% in profit. So if they sell 1,000,000, they make $60,000 when its all over!! Contrary to most peoples opinions, most jewelers do not operate on a triple profit markup. I believe mall chains do this on low end items, but from my understanding on higher end goods such as diamonds, a jeweler can only make 10%. So its all about volume. Also, no Rolex jeweler is getting full price every time. So in the end they probally gross 30% over cost. When you factor the expenses I mentioned above, its a net of 4 or 5%

Its my understanding from my dealer, who is a friend,that selling Rolex in itself is not hugely profitable. They make money, but it doesn't get you rich. It does, however, bring prestige to the store, traffic, customers who end up buying other items, etc. Its also a "safe" inventory investment. If a jeweler went out of business, they would be lucky to get 10 cents on the dollar for most of their jewelery that didn't sell. They can put a 25% sign on Rolex and sell every watch. So even though Rolex makes them put alot in inventory, its money in the bank.

High volume dealers do not get better pricing, but as stated, a better share of rare models.

And in answer to your question of how there are unworn Rolex for sale at a discount online, it is because they are grey market watches offered by ADs with too much stock. Some grey market Rolex, whilst authentic, come with their serial numbers removed and Rolex warranty invalid. I appreciate this is only some, but the grey market can be quite grey.

So, you mean, watches, which are sold from overstocked AD's are out of warranty? )))))
ABSOLUTELY FALSE!
There are hundreds of thousands sold worldwide each year and still nothing on internet about real cases of this issue from real customers beside of some rumors?
Well, it's easy to imagine that AD would says that)

[ChrisPop]

It is a nice concept indeed,but I guess you could be a little more creative with the website design. Make it more attractive for visitors. I must say it looks a bit shady. Maybe is just from my point of view,but nevermind...

You are stating that the watch comes with the original box,papers and warranty. Is the box factory sealed? Do you have any certification that you are a registered company?

[BitDials]

It is a nice concept indeed,but I guess you could be a little more creative with the website design. Make it more attractive for visitors. I must say it looks a bit shady. Maybe is just from my point of view,but nevermind...

You are stating that the watch comes with the original box,papers and warranty. Is the box factory sealed? Do you have any certification that you are a registered company?

Hi ChrisPop,

believe me - i'm not happy with design as well!
This is the version 1.0 and we really need to update it soon)

Yes, all watches are absolutely new, unworn, watches are originally sealed from factory, with all documents (warranty card stamped from AD with date), in original box.
Absolutely full-set.

You can find company details in footer of the main page (https://www.bitdials.eu/pages/bitdials-bitcoin-luxury-boutique-impressum-legal-disclosure)

Cheers,
Stan

[BitDials]

I dont know if you guys have bought from rolex or an AD or Grey handler.

I have, my experience is that the warranty is fully covered. And the warranty card should be stated with the name from the AD, Date, Serienumber.

And you will get your 5-year warranty.

Remember not to buy a watch with no stamp/printed on date AD or removed serienumber. That will have effect on your resell if you want to do it in

the future.

The warranty will start when the AD has taken their watch from Rolex, it will be stated in the card which date it was. Also Rolex Have documents that

which AD they sold it to but no name owners. So name owners on the card does not matter! You can even put anonymous or empty field.

Since most people that buy a pre owned Rolex dont want a stranger name on their card.

It does not matter which AD rolex sold it to or if the AD sold it to a grey handler, in the end they will fulfill their end if you require service on

their promise 5-year warranty.

I have not encounter any problems on fixing my rolex from a grey handler that bought from AD supplier.

Tho I have not yet bought from BitDials.

Absolutely true!
As long there is a serial number, AD name and date on the card - it's activated with Rolex and the warranty of 5 years starts with the date on the card.
Everything else are rumors...

[stonehedge]

I dont know if you guys have bought from rolex or an AD or Grey handler.

I have, my experience is that the warranty is fully covered. And the warranty card should be stated with the name from the AD, Date, Serienumber.

And you will get your 5-year warranty.

Remember not to buy a watch with no stamp/printed on date AD or removed serienumber. That will have effect on your resell if you want to do it in

the future.

The warranty will start when the AD has taken their watch from Rolex, it will be stated in the card which date it was. Also Rolex Have documents that

which AD they sold it to but no name owners. So name owners on the card does not matter! You can even put anonymous or empty field.

Since most people that buy a pre owned Rolex dont want a stranger name on their card.

It does not matter which AD rolex sold it to or if the AD sold it to a grey handler, in the end they will fulfill their end if you require service on

their promise 5-year warranty.

I have not encounter any problems on fixing my rolex from a grey handler that bought from AD supplier.

Tho I have not yet bought from BitDials.

Absolutely true!
As long there is a serial number, AD name and date on the card - it's activated with Rolex and the warranty of 5 years starts with the date on the card.
Everything else are rumors...

So, to recap:

Bitdials are not an authorised Rolex AD.

Bitdials purchase surplus stock from authorised Rolex ADs that are provided with a warranty card stamped by the AD and not bitdials.



You should really consider putting this information on your web site, along with guarantees that the original warranty still stands. To be fair, of the thirty or so Rolex that I have, I have had no warranty related issues although most of mine are vintage.

You should also consider providing your company name and street address. Your operations comes across as extremely shady as it stands.

[BadAss.Sx]

So, to recap:

Bitdials are not an authorised Rolex AD.

Bitdials purchase surplus stock from authorised Rolex ADs that are provided with a warranty card stamped by the AD and not bitdials.



You should really consider putting this information on your web site, along with guarantees that the original warranty still stands. To be fair, of the thirty or so Rolex that I have, I have had no warranty related issues although most of mine are vintage.

You should also consider providing your company name and street address. Your operations comes across as extremely shady as it stands.

https://www.bitdials.eu/pages/bitdials-bitcoin-luxury-boutique-impressum-legal-disclosure do you even read this topic or are you just here to fud him away?

BitDials sells new, unworn genuine Rolex (and other brands) as a non AD. He also sells pre-owned watches, but not that many from what i saw Like 90% of all watch sellers do. The rest are AD's. As long the booklets and card are OK there is nothing wrong with his business. Not even shady. He is trying to be as transparent as he can to others. It is you guys who are placing BTC in a bad and shady corner, because when he would ask fiat for it, nobody would give a damn about his business. But now he asks BTC and now this is a shady business. Stop doing that if we want to have BTC mainstream.

He just sells watches. And he just accepts BTC. I don't see any shady shadow over this combination. So order a watch in stock, make an appointment to collect it and see for your self. But i know now, you are not ordering one and certainly not collecting it. Am I right?

[stonehedge]

The bottom line is that Bitdials can prove me wrong quite easily.

When I'm proven wrong I will apologise for anything I have said that was incorrect.

Do you use a third party escrow service for watches you have in stock?

[BadAss.Sx]

The bottom line is that Bitdials can prove me wrong quite easily.

They indeed can, by ordering one, paying one, receiving one and apologize. I told twice in this topic i have received two Rolex, authorized them by a watchmaker and they are proven real. If that isn't proof, how can they do that through the internet except for the method i told you just yet?

If you are really afraid to buy one, just fiat your btc and go to an AD.

[stonehedge]

The bottom line is that Bitdials can prove me wrong quite easily.

They indeed can, by ordering one, paying one, receiving one and apologize. I told twice in this topic i have received two Rolex, authorized them by a watchmaker and they are proven real. If that isn't proof, how can they do that through the internet except for the method i told you just yet?

If you are really afraid to buy one, just fiat your btc and go to an AD.

Somebody saying something on the internet isn't proof of anything!

Also, I believe that Bitdials has offered your services as an escrow provider to somebody on here.  I am a very suspicious person I agree, but that doesn't sound very impartial to me.

[BadAss.Sx]

Then don't buy bro...never buy something if you are suspicious about it. But Andre gave you all the answers you needed about his credibility. I wish i would know how i can blur stuff out of a movie so i can put the unboxing movie online.

[BadAss.Sx]

Here it is, the unboxing movie...i will let it online for a week or so, so people can check it. I uploaded it in full HD and i dont know why it is 480p

https://youtu.be/CdOb2LYHRII (video closed now...send your YT emailaddress so i can put you on the list for viewing)

When it is removed and you still want to see it, send me a message and i will send you an invitation link

[maiiyeuvo]

Here it is, the unboxing movie...i will let it online for a week or so, so people can check it. I uploaded it in full HD and i dont know why it is 480p

https://youtu.be/CdOb2LYHRII

When it is removed and you still want to see it, send me a message and i will send you an invitation link

Just watched your unboxing video, really great work.

Your watch is really stunning and hope you enjoy it.

I can understand why you only post it for a limit time, and want to give credits for that.

Have no complains on BitDials, only praise.

For other members in this forum that is thinking about buying from BitDials, you can feel safe.

And it is not kind to spread FUD or claiming that BitDials is not legit without even trying to be in contact with them or buying from them.

We should embrace this kind of new things specially this is the first real luxury watch shop in Bitcoin. And I am happy for this.

Also credits for BitDials and Andre and his team, really great customer service, they always answer your questions instant and make you feel secure about them and I wish all the luck for your project Andre.

Cheers!

[BadAss.Sx]

Thanks, and yes, Andre and his team are great. Will certainly buy another one from them in the near future again.

[zanzibar]

Nice video/watch on the unboxing video!

I have a couple questions for Bitdials:

1. Do you ship to the US?
2. Do you have any Audemars Royal Oak's?

Thanks.

[BitDials]

Nice video/watch on the unboxing video!

I have a couple questions for Bitdials:

1. Do you ship to the US?
2. Do you have any Audemars Royal Oak's?

Thanks.

Hi zanzibar!

Yes, we ship worldwide.
Please check with your local customs office import fees first.

Unfortunately we do not offer AP's currently.
Maybe later, but not at the moment.

Cheers,

Andre

[BitDials]

Hey guys,

we have great news: we got authorized by BitPay for an unlimited approved payments volume.

From today on they will ensure us unlimited payment processing, so we won´t face issues anymore when payments exceed 100,000 $ a day.

Cheers

Julia
Support
BitDials

[stonehedge]

Hi,

After being a bit of a dick about the potential legitimacy of Bitdials I decided to put my money where my mouth is with the hope I could post a nice review after receiving my watch.

I appreciate I could be asking you this directly but I thought it might be of interest to the community.

The watch I am interested in is more expensive by a four figure amount with Bitdials than with my preferred AD.  Are Bitdials happy to price match within reason on a watch or is this simply a reflection of the cost of operating with BTC payments?

All the best,

Dan

[BitDials]

Hi Dan,

no worries about your doubts, it gives us a chance to talk about and to clear them.

Sure payment processing and everything what comes with operating with bitcoins costs us more than payments with fiat money. Some models are just very requested and coupled with long delivery times and therefore not to get for the list price. Not just at BitDials.

But still our prices are  not higher than at AD´s and in 99% of the time below retail. Sure it is maybe possible to find a bit better price if you pay in fiat, as already mentioned above.

Please tell us which model you mean, so we can tell you the reason for a price difference.

Cheers

Julia
Support
BitDials

[BadAss.Sx]

And don't forget that Rolex also creates more demands by slowly releasing DaytonaC for instance. Retail is 12-13k, but they are only available on the grey market for about 18-20k. So yes, BitDials seems to be more expensive here, but you won't get a DaytonaC from an AD instantly. You have to be on a 2 year waiting list. BitDials can't help it...it is Rolex.

[BitDials]

Dear all,

just a quick announcement to tell you that we've added Audermars Piguet to our brands and will add much more models and variants of it in the near future.

Watch out for it, or just ask us if your desired model is not displayed.

Best regards,

Julia
Support
BitDials™