Bitmit - Bitcoin shopping mall - Bitcoin market place - Bitcoin auction house

[favdesu]

Sorry that I forgot to reply. So you are mostly facing problems because customers don't know what Bitcoin is and how to pay, right?

Mostly. 4/5 orders cancelled due to the fact that people have no clue what they're supposed to do on the site.

[1714147447]

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[1714147447]

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[tosaki]

Sorry that I forgot to reply. So you are mostly facing problems because customers don't know what Bitcoin is and how to pay, right?

Mostly. 4/5 orders cancelled due to the fact that people have no clue what they're supposed to do on the site.

Wow, that's quite high. I see there is a need for counter measures.

[row5_seat47]

Auction Count Snapshot

Worldwide from Dropdown on top right
26,902


Manual Count of Countries/Unions (except Worldwide) on top right
12,687 (sum of below)

5,037 US
3,075 EU
284 EU (why twice?)
462 Denmark
781 China
600 Canada
875 Germany
516 Spain
43 Russia
1,014 UK

Manual Count of categories on Left
12,271 (Sum of # on bottom)

12,271 ~ 12,687  o.k.


so where are the other 14,000 Listings?
Is the Worldwide number a mistake?
Or are there 14,000 listings from "non-member" countries?


category count
19
115
151
322
549
70
1020
527
1457
1140
770
30
199
136
479
41
372
513
1232
559
126
1559
281
13
258
175
13
145

[favdesu]

Sorry that I forgot to reply. So you are mostly facing problems because customers don't know what Bitcoin is and how to pay, right?

Mostly. 4/5 orders cancelled due to the fact that people have no clue what they're supposed to do on the site.

Wow, that's quite high. I see there is a need for counter measures.

yeah... how about you let new users only purchase something if they have the amount in their bitmit wallet? I guess that would be the easiest solution

[bernard75]

yeah... how about you let new users only purchase something if they have the amount in their bitmit wallet? I guess that would be the easiest solution

this is actually a good idea and you get to sit on those btcs even longer

[Neptune]

yeah... how about you let new users only purchase something if they have the amount in their bitmit wallet? I guess that would be the easiest solution

this is actually a good idea and you get to sit on those btcs even longer

So speaking as a customer on BitMit, that would mean I would have to keep bitcoin in my BitMit wallet and that's not something I like to do.  Or I would have to transfer Bitcoin twice to pay for an item.  That would make using BitMit less convenient.

I personally have only made purchases on BitMit, and I like how its setup and I like the process.

But this is just one geeks opinion.

[favdesu]

yeah... how about you let new users only purchase something if they have the amount in their bitmit wallet? I guess that would be the easiest solution

this is actually a good idea and you get to sit on those btcs even longer

So speaking as a customer on BitMit, that would mean I would have to keep bitcoin in my BitMit wallet and that's not something I like to do.  Or I would have to transfer Bitcoin twice to pay for an item.  That would make using BitMit less convenient.

I personally have only made purchases on BitMit, and I like how its setup and I like the process.

But this is just one geeks opinion.

I don't want to keep coins on bitmit either, don't get me wrong. Only accounts younger than 14 days or something should be forced to use this method.

[desert_beagle]

Hey guys, why is the price of BTC 92USD when weighted average on MtGox is $102???


EDIT: So you guys changed from Gox to bitstamp?  That is load of crap!!! You're making buyers pay a huge premium.  Difference is almost $10.

[tosaki]

Hey guys, why is the price of BTC 92USD when weighted average on MtGox is $102???


EDIT: So you guys changed from Gox to bitstamp?  That is load of crap!!! You're making buyers pay a huge premium.  Difference is almost $10.

We changed the default rate from gox to bitstamp because of the huge difference between both and because mtgox payouts take very long at the moment.

But from now on sellers can choose which exchange rate they would like to use (currently only mtgox and bitstamp supported).

I think you don't have to worry too much about high prices. The market will regulate it

[BTCdude007]

Hey guys, why is the price of BTC 92USD when weighted average on MtGox is $102???


EDIT: So you guys changed from Gox to bitstamp?  That is load of crap!!! You're making buyers pay a huge premium.  Difference is almost $10.

I agree completely. At least use an average of the gox and bitstamp quotes!

[TheButterZone]

Sorry that I forgot to reply. So you are mostly facing problems because customers don't know what Bitcoin is and how to pay, right?

Mostly. 4/5 orders cancelled due to the fact that people have no clue what they're supposed to do on the site.

Wow, that's quite high. I see there is a need for counter measures.

yeah... how about you let new users only purchase something if they have the amount in their bitmit wallet? I guess that would be the easiest solution

What about a random challenge string, with instructions on how to sign it with a funded key, which then verifies on the blockchain that the user can afford to pay? Quite a bit more difficult, but at least nobody would have to trust BTC to bitmit's wallet, or go the completely opposite direction, bypass bitmit's wallet and escrow completely.

[bernard75]

Hehe, we could also let them take a triathlon before they can apply for a 1 out of 500 lottery.
Nah, i believe that btc for the first buy in wallet is an excellent idea.
They will have to pay for it anyway, so why not send it 30min earlier.

[favdesu]

could you add http://bitcoinaverage.com/ this as an exchange option? I'd love to sell my stuff for the total average

[Global BTC]

Sorry that I forgot to reply. So you are mostly facing problems because customers don't know what Bitcoin is and how to pay, right?

Mostly. 4/5 orders cancelled due to the fact that people have no clue what they're supposed to do on the site.

I hardly have that problem. Maybe one out of 20 customers fail to pay for their order. And I prefer it's a bit too easy to make an order and not pay for it than to scare legitimate customers away by making it too cumbersome. I don't really care if someone makes an order and then doesn't pay - it doesn't cost me anything, and the order is automatically cancelled by Bitmit after a few days. I could see how it's frustrating if you use the auction format, though.

"Tosaki": Please don't implement the systems TheButterZone and favdesu are suggesting. I fear it would drastically reduce the number of successful orders.

[tosaki]

Sorry that I forgot to reply. So you are mostly facing problems because customers don't know what Bitcoin is and how to pay, right?

Mostly. 4/5 orders cancelled due to the fact that people have no clue what they're supposed to do on the site.

I hardly have that problem. Maybe one out of 20 customers fail to pay for their order. And I prefer it's a bit too easy to make an order and not pay for it than to scare legitimate customers away by making it too cumbersome. I don't really care if someone makes an order and then doesn't pay - it doesn't cost me anything, and the order is automatically cancelled by Bitmit after a few days. I could see how it's frustrating if you use the auction format, though.

"Tosaki": Please don't implement the systems TheButterZone and favdesu are suggesting. I fear it would drastically reduce the number of successful orders.

We may implement such a feature but we would make it as optional setting which is not activated by default because I think it would affect the checkout process negatively.

could you add http://bitcoinaverage.com/ this as an exchange option? I'd love to sell my stuff for the total average

Implemented and set as default

[BTCdude007]

could you add http://bitcoinaverage.com/ this as an exchange option? I'd love to sell my stuff for the total average

Implemented and set as default

Thank you!

I think this is the best balance and fairest for both buyers and sellers.

[TimJBenham]

I don't really care if someone makes an order and then doesn't pay - it doesn't cost me anything, and the order is automatically cancelled by Bitmit after a few days.

It means you are granting them a free put option on their bitcoin. If you are selling money at something close to fair value then this can cost you something.

[giszmo]

I don't really care if someone makes an order and then doesn't pay - it doesn't cost me anything, and the order is automatically cancelled by Bitmit after a few days.

It means you are granting them a free put option on their bitcoin. If you are selling money at something close to fair value then this can cost you something.

Well, both parties can rate each other, so yeah, no big deal. Just down-rate if you feel like somebody is abusing your fair prices. Same problem exists on localbitcoins where people blame others to only do deals if the price moved in their favor.

[favdesu]

Sorry that I forgot to reply. So you are mostly facing problems because customers don't know what Bitcoin is and how to pay, right?

Mostly. 4/5 orders cancelled due to the fact that people have no clue what they're supposed to do on the site.

I hardly have that problem. Maybe one out of 20 customers fail to pay for their order. And I prefer it's a bit too easy to make an order and not pay for it than to scare legitimate customers away by making it too cumbersome. I don't really care if someone makes an order and then doesn't pay - it doesn't cost me anything, and the order is automatically cancelled by Bitmit after a few days. I could see how it's frustrating if you use the auction format, though.

"Tosaki": Please don't implement the systems TheButterZone and favdesu are suggesting. I fear it would drastically reduce the number of successful orders.

there are several problems, at least in my point of view:

- competitors can troll buy your item to get it off of the listing and sell the same item (I'm selling games, so it's quite common)

- I have a blog and a forum thread, and every time I relist an item, I have to modify the item links

- Auto cancellation is set to 8 hours


so I actually lose money and time if an order has to be cancelled

[narayan]

A new protection racket will step up: "we won't troll buy your item if you pay us a protection fee".