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Author Topic: Bitmit - Bitcoin shopping mall - Bitcoin market place - Bitcoin auction house  (Read 131687 times)
tosaki
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March 26, 2013, 09:19:11 PM
 #581

Site is very slow today..

Yes sorry should be better now. We are going to migrate to a way better server and hoster shortly so these nasty downtimes etc will be a thing of the past.
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March 27, 2013, 01:30:23 PM
 #582

Yup, very slow indeed. My experience today is that the site works nicely for 3 minutes, and then doesn't respond at all for three minutes. After that, it comes back again. Rinse and repeat. Migrating to better servers will help.

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March 28, 2013, 08:18:50 AM
 #583

Wish you well with the server move, sounds like it should get much faster.

A friend and I noticed a few missing items, hope they come back too!

What a ride it has been! Check out our Open Bazaar hosting offer at Agorist Hosting

I support Bitcoin Not Bombs!
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March 28, 2013, 04:58:04 PM
 #584

Wish you well with the server move, sounds like it should get much faster.

A friend and I noticed a few missing items, hope they come back too!

Yes dont worry, there was temp issue. I will have a very good server admin @my hand who will care about the new server and a stable Bitmit website. I am frustrated of the downtimes and lacking ontime too. Server migration will be done in about 3 days, but I also tweaked the old one go get a better performance until the migration is complete.

Once this is done we are going to expand and boost your sales with some nice marketing moves Smiley
IveBeenBit
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March 29, 2013, 06:30:10 AM
 #585

I just sold my first item on Bitmit. It had been listed for 2 months, and then when the market crashed from $95 to $75 today, I guess the buyer thought it would be a good time to take advantage of the "Bitcoins at the 24-hour average" rule, but whatever....

Anyways, I saw this on the seller page:

Quote
x Payment received (0 Bitcoin received)
Unconfirmed incoming transactions: 0.187 Bitcoin

To me this looks like he sent the coins, but they Tx has not had enough network confirmations to satisfy Bitmit. The thing is, it has said the same thing for many hours now, and I'm sure the payment must have been confirmed by now. My problem is that I already put the item in the mail & marked it shipped. Is there any way to tell what is happening with payments? I fear that I may have shipped the item before the buyer ever sent money to the Bitmit escrow.
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March 29, 2013, 07:00:15 AM
 #586

Since I just saw this thread... some things that I feel could be added to the service that eBay has which makes bitmit lacking in comparison:

1. "Watch" feature - being able to track the auctions which catch your eye and remembering them for later

2. "Best Offer" feature - being able to offer less than the asking price for "Buy it now"-style listings. The other person would be able to accept or decline said offers. (Sellers would be allowed to toggle best offers on or off when making a listing)

3. A better advanced search functionality. Possibly being able to search completed listings, as well as search by category and price, among other things.

All of these things I feel would attract buyers more.

tosaki
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March 29, 2013, 08:58:56 AM
 #587

Since I just saw this thread... some things that I feel could be added to the service that eBay has which makes bitmit lacking in comparison:

1. "Watch" feature - being able to track the auctions which catch your eye and remembering them for later

2. "Best Offer" feature - being able to offer less than the asking price for "Buy it now"-style listings. The other person would be able to accept or decline said offers. (Sellers would be allowed to toggle best offers on or off when making a listing)

3. A better advanced search functionality. Possibly being able to search completed listings, as well as search by category and price, among other things.

All of these things I feel would attract buyers more.
Good ideas. So far you can filter your search by price and search for sold items but not within the categories yet.

I just sold my first item on Bitmit. It had been listed for 2 months, and then when the market crashed from $95 to $75 today, I guess the buyer thought it would be a good time to take advantage of the "Bitcoins at the 24-hour average" rule, but whatever....

Anyways, I saw this on the seller page:

Quote
x Payment received (0 Bitcoin received)
Unconfirmed incoming transactions: 0.187 Bitcoin

To me this looks like he sent the coins, but they Tx has not had enough network confirmations to satisfy Bitmit. The thing is, it has said the same thing for many hours now, and I'm sure the payment must have been confirmed by now. My problem is that I already put the item in the mail & marked it shipped. Is there any way to tell what is happening with payments? I fear that I may have shipped the item before the buyer ever sent money to the Bitmit escrow.

The transaction has not been confirmed yet. https://blockchain.info/zh-cn/address/1JH2EWutF5G45S6HLARWARB2UHtYUvSuKF

I remember a similar case some days ago which took about 1 day to get confirmed.
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March 29, 2013, 02:04:14 PM
 #588

Since I just saw this thread... some things that I feel could be added to the service that eBay has which makes bitmit lacking in comparison:

1. "Watch" feature - being able to track the auctions which catch your eye and remembering them for later

2. "Best Offer" feature - being able to offer less than the asking price for "Buy it now"-style listings. The other person would be able to accept or decline said offers. (Sellers would be allowed to toggle best offers on or off when making a listing)

3. A better advanced search functionality. Possibly being able to search completed listings, as well as search by category and price, among other things.

All of these things I feel would attract buyers more.
Good ideas. So far you can filter your search by price and search for sold items but not within the categories yet.

I just sold my first item on Bitmit. It had been listed for 2 months, and then when the market crashed from $95 to $75 today, I guess the buyer thought it would be a good time to take advantage of the "Bitcoins at the 24-hour average" rule, but whatever....

Anyways, I saw this on the seller page:

Quote
x Payment received (0 Bitcoin received)
Unconfirmed incoming transactions: 0.187 Bitcoin

To me this looks like he sent the coins, but they Tx has not had enough network confirmations to satisfy Bitmit. The thing is, it has said the same thing for many hours now, and I'm sure the payment must have been confirmed by now. My problem is that I already put the item in the mail & marked it shipped. Is there any way to tell what is happening with payments? I fear that I may have shipped the item before the buyer ever sent money to the Bitmit escrow.

The transaction has not been confirmed yet. https://blockchain.info/zh-cn/address/1JH2EWutF5G45S6HLARWARB2UHtYUvSuKF

I remember a similar case some days ago which took about 1 day to get confirmed.

https://blockchain.info/en/tx/1a4d33a62d41fd935351f60ae8341ab671c7ca5bf946bd5a4e7fface53cd41c4
looks low priority doesn't it? With 0.000BTC fee no wonder it took so long. Bitmit should maybe make clear to both the shopper and the seller that the seller is not expected to deliver before the first confirmation. It is out of Bitmit's hands to make sure the money arrives and this particular shopper had all the time in the world to double spend. Not all sellers will be aware, particularly when they use bitmit to get hands on their first bitcoins ever which I find a good way to go.

Maybe the green "Payment received" should not appear before there are x confirmations. Make it some "Payment eventually on its way".

IveBeenBit
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March 29, 2013, 03:27:49 PM
 #589


The transaction has not been confirmed yet. https://blockchain.info/zh-cn/address/1JH2EWutF5G45S6HLARWARB2UHtYUvSuKF

I remember a similar case some days ago which took about 1 day to get confirmed.

Thanks for the reply. So I was indeed reading the site correctly - it's just that the Tx really was taking many hours to confirm. Like I said, I am new to this, so I now realize that I jumped the gun and put the item in the mail too soon.

On thing that's interesting though is how the buyer exploited the bitcoin price crash to effectively take a 20% discount before the "24 hour average" could respond to the market. In this case it didn't matter since the price recovered so quickly, but if this practice is widespread, I wonder if there's anything that can or should be done about it.
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March 29, 2013, 04:14:15 PM
 #590


The transaction has not been confirmed yet. https://blockchain.info/zh-cn/address/1JH2EWutF5G45S6HLARWARB2UHtYUvSuKF

I remember a similar case some days ago which took about 1 day to get confirmed.

Thanks for the reply. So I was indeed reading the site correctly - it's just that the Tx really was taking many hours to confirm. Like I said, I am new to this, so I now realize that I jumped the gun and put the item in the mail too soon.

On thing that's interesting though is how the buyer exploited the bitcoin price crash to effectively take a 20% discount before the "24 hour average" could respond to the market. In this case it didn't matter since the price recovered so quickly, but if this practice is widespread, I wonder if there's anything that can or should be done about it.

Definitely! The Bitcoin price is the latest trade at the biggest exchange for me always. Nothing else. Everything else will be exploited with those low margin items like cash, gold or silver.
Problem is the latest trades happen many times per second so it's more convenient to poll some weighted average every some minutes than to guarantee to use the latest trade.

IveBeenBit
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March 29, 2013, 04:33:55 PM
 #591

Definitely! The Bitcoin price is the latest trade at the biggest exchange for me always. Nothing else. Everything else will be exploited with those low margin items like cash, gold or silver.
Problem is the latest trades happen many times per second so it's more convenient to poll some weighted average every some minutes than to guarantee to use the latest trade.

I can see the benefit of using the 24 hour average for its stabilizing effect on the Bitcoin-denominated price of things. But we've had a couple of sudden crashes in the past couple weeks that open sellers up to this sort of exploitation. Maybe a custom algorithm that averages the 24-hour price, but weights recent prices more heavily? Maybe a few different algorithms that the seller can choose from?

I'm just throwing ideas out there. I do like Bitmit and will continue to use it when I have odds and ends that I want to sell. The last time I sold anything on ebay I was eaten alive in fees, had to deal with pay pal, etc etc etc.. It's just not worthwhile to sell on ebay.
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March 29, 2013, 04:38:17 PM
 #592

Feature request: Items from (the zone I can have them shipped from without paying 24% VAT), in my case this would be the Eu. Im sure other regions with protectionistic customs duties could also benefit from this.

Bitcoin trinkets now on my online store: btc trinkets.com <- Bitcoin Tiepins, cufflinks, lapel pins, keychains, card holders and challenge coins.
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March 30, 2013, 08:07:32 PM
 #593

Very good website overall, to some people the fees to send your Bitcoins to another wallet may be a little expensive. However it's a way the company makes money. It is my main Bitcoin income. Thanks for providing us with such a great service!


Edit: It's a shame that bitmit could not be continued.
geniusboy91
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March 31, 2013, 02:30:05 AM
 #594

I'm still not seeing the new ticket category showing up in the categories list on the left, and I do have a listing in that category.
tosaki
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March 31, 2013, 04:30:21 PM
 #595

I'm still not seeing the new ticket category showing up in the categories list on the left, and I do have a listing in that category.

I swear I have seen it recently. I will investigate why it disappeared again. So sorry!

Feature request: Items from (the zone I can have them shipped from without paying 24% VAT), in my case this would be the Eu. Im sure other regions with protectionistic customs duties could also benefit from this.

Your wish is my command. Check out the country dropdown on the top right of the site.

Update:
- Item pagination on user page
- Added European Union to country/region filter

New Geo targeting features:
- Privacy settings for geo targeting
- Distance search filter (currently only available for registered users)
hiima
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April 01, 2013, 08:13:13 AM
 #596

Could you add a possible way to delete old unpaid orders?

Whiskey Fund BTC 1K2SG4amzNrB7gUwf5braHuExqnQ5nEKZp LTC Lgoz9gb7q39FMAmBz8odfkx4YFhLeofCpc
Isokivi
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April 01, 2013, 08:16:12 AM
 #597

Feature request: Items from (the zone I can have them shipped from without paying 24% VAT), in my case this would be the Eu. Im sure other regions with protectionistic customs duties could also benefit from this.

Your wish is my command. Check out the country dropdown on the top right of the site.

Update:
- Item pagination on user page
- Added European Union to country/region filter

New Geo targeting features:
- Privacy settings for geo targeting
- Distance search filter (currently only available for registered users)
Sadly the Eu selection shows items shipping from the Us, so something is wrong or you misunderstood my point. Which is the 24% VAT I get slapped with at customs.

Bitcoin trinkets now on my online store: btc trinkets.com <- Bitcoin Tiepins, cufflinks, lapel pins, keychains, card holders and challenge coins.
tosaki
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April 01, 2013, 09:45:53 AM
 #598

Feature request: Items from (the zone I can have them shipped from without paying 24% VAT), in my case this would be the Eu. Im sure other regions with protectionistic customs duties could also benefit from this.

Your wish is my command. Check out the country dropdown on the top right of the site.

Update:
- Item pagination on user page
- Added European Union to country/region filter

New Geo targeting features:
- Privacy settings for geo targeting
- Distance search filter (currently only available for registered users)
Sadly the Eu selection shows items shipping from the Us, so something is wrong or you misunderstood my point. Which is the 24% VAT I get slapped with at customs.

Whoops, the filter was not active in the search queries. Can you please check again and confirm?

Could you add a possible way to delete old unpaid orders?

Is it that you want to remove unpaid orders from your sell list? Do you know that you can cancel orders and they will disappear from the incompleted order list ?!

Maybe the green "Payment received" should not appear before there are x confirmations. Make it some "Payment eventually on its way".
It is already like that (=

Update:
- No more adult content for unregistered users
- Bestseller tab is localized to the chosen Bitmit version and the timeframe was reduced so it shows the bestesllers of the last 60 days now
- Auctions: Bid steps are equivalent to 1 USD now
- Auction: Deadbeat bidder cannot bid when they have not paid their recent orders
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April 01, 2013, 11:56:26 AM
 #599

is Anokyewaa the the same users as
https://www.bitmit.net/en/user/Radical
https://www.bitmit.net/en/user/PanAfrikan

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April 02, 2013, 12:38:56 AM
 #600

- Auctions: Bid steps are equivalent to 1 USD now

Why? Too much load to the server having smaller increments?

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