Admitted to having a hack and possibly everything was/is compromised but 50,000 is too little.
I made the guy an offer and this is the reply i got....thought it was about time the email got released...
Thanks for your interest in purchasing Bitmit. Let me answer your questions.
1) Why do you want to sell Bitmit?
I fully understand your question. I would ask this myself why somebody
is selling such a cash cow. The reason I want to let other people take
over Bitmit is simply that I prefer to focus on other things in my life.
Bitmit has taken too much of my life and I sleep way better when I don't
have to take care of thousands of dollars of user funds. This does not
mean that I think Bitmit is not secure but it's a big responsibility to
manage so much funds of other people.
There is one thing that strongered this decision and I need to tell you:
We did have an issue where an employee of the old hosting company
accessed our server without authorization. We cannot warranty that he
has not copied the database and files of the webdirectory (source code,
user id scans). He managed it steal 15 BTC. However we discoverd this
attack and moved immidiately to a new trustworthy hosting partner. Of
course we recovered the loss of 15 BTC and all Bitmit funds are covered.
But it can be that he has got access to our hot wallet. Therefore we
deactivated all addresses of these old wallet on the site (these
addresses are not visible anymore) so we don't get any new incoming
transactions to these addresses. This was ca. 7 days ago and were not
facing any further loss because of this. We even don't expect any
2) Why have you deactivated the site?
When it comes to a sell we want to keep the involved user funds as low
3) What will I get?
You will get the whole project. This does mean domain, exclusive source
code licence (except third party open source plugins like jquery etc of
course), all files, database, bitcoin wallet incl. user funds. You will
need to build a own company for it and we cannot guarantee that you can
run Bitmit as it is in your market/country (Keyword financial license,
terms of service etc).
Besides of that I can off your 1month (14hours/week) after sale support
with the site. (Code adjustments, consulting)
It's time to tell you some hard facts about Bitmit:
Date Order count Fee income BTC
2013 Nov 1239 redacted @tosaki request
2013 Oct 4362 redacted @tosaki request
2013 Sep 3890 redacted @tosaki request
2013 Aug 3424 redacted @tosaki request
2013 November 714
2013 October 2507
2013 August 2418
In the last month Bitmit did have 8-10k unique visitors / day.
Country / Territory % Visits
United States 39.00%
United Kingdom 5.90%
Overall activated accounts
Even the BTC exchange rate raised & raised Bitmit was facing a steady
growth. Bitmit is the number 1 market place when it comes to trading
goods with Bitcoin. Various back links on popular sites & news reports
like cnn.com, heise.de are proofing that. But it's not only that which
makes Bitmit very attractive. You can use the existing Bitcoin user base
to extend Bitmit to a more eBay like platform that does accept other
payment methods as well. There is a unbelievable number of sellers out
there who are seeking for eBay alternatives. To be honest, you cannot do
anything wrong by purchasing Bitmit! For the daily site support (user
inquiries) you only need to calculate about 1-3 hours.
Unfortunately 50.000USD are way too low :/
Bitmit Support Teamhttps://www.bitmit.net