BitAddict
Legendary
 Offline
Activity: 1190
Merit: 1001
|
 |
November 10, 2013, 05:46:04 AM |
|
So sad bitmit is closing. I loved to use their service  |
|
|
|
|
|
|
|
|
|
|
|
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
|
|
November 10, 2013, 06:04:18 AM |
|
Good thing he gave a heads up. I had .000104 BTC on there.
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
|
|
Kluge
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
|
November 10, 2013, 06:44:05 AM |
|
how much do you think the site is worth???
Hard to say. 50k USD? More liek 2k USD. Come on, no-one really used that site, exposure was so low, that when news about closing bitmit went live - this thread could not stay in a 1st page more than for 3 minutes. Sounds like you're looking to buy.  $50K is pretty reasonable, I think, maybe even low. Steamgames alone probably brings in a solid $100/wk revenue, GBTC another solid chunk. It also holds the distinction of not having been the target of a devastating hack while having a relatively good GUI (which is just about impossible to find in BTC services without VC funding). It has first-mover advantage in the space, and a pretty diverse crowd of users. There are also three or four (maybe more) threads on BitMit closing, so you can't just look at this one. |
|
|
|
|
|
Isokivi
|
|
November 10, 2013, 07:24:24 AM |
|
Doing my part to help potential buyers evaluate the site, because I'd really like it to remain online:
Btc trinkets, under the account name Isokivi has paid 0.46131743082 btc in bitmit fees this year.
|
Bitcoin trinkets now on my online store: btc trinkets.com <- Bitcoin Tiepins, cufflinks, lapel pins, keychains, card holders and challenge coins. |
|
|
bernard75
Legendary
Offline
Activity: 1316
Merit: 1003
|
|
November 10, 2013, 08:11:53 AM |
|
I paid more than 10x that in 6 months, most during the hot phase, when everybody likes to shop, since they spent less btc.
|
|
|
|
|
TheButterZone
Legendary
Offline
Activity: 3052
Merit: 1031
RIP Mommy
|
|
November 10, 2013, 08:33:48 AM |
|
Wonder if maybe the input.io hack got him worried since he does keep wallets on system and all. So basically decided the risk was not worth it at least for him anymore.
If he worried about that, he could make the website automatically pay out to your own private wallets when money is recieved to it's own wallets, that way nobody risks anything. The site never holds money. Already exists at coinpost.com (which needs some work). You put in your BTC address for every item you list for sale. |
Saying that you don't trust someone because of their behavior is completely valid.
|
|
|
|
Global BTC
|
|
November 10, 2013, 09:50:48 AM |
|
how much do you think the site is worth???
Hard to say. 50k USD?  What are you basing that on? The risk and liability is huge with possible backdoors left in there. P & L is not known. And transfer has to go smooth with an owner who seems not interested in revealing a lot. I pretty much just made it up, to start the discussion. |
|
|
|
Welsh
Staff
Legendary
Offline
Activity: 3248
Merit: 4110
|
|
November 10, 2013, 04:21:56 PM |
|
Steamgames makes most of his money on bitmit. It's valuable.
|
|
|
|
|
|
only
|
|
November 10, 2013, 06:01:46 PM |
|
But why kill the website like that, I just don't get it.....
|
|
|
|
starsoccer9
Legendary
Offline
Activity: 1630
Merit: 1000
|
|
November 10, 2013, 06:24:32 PM |
|
Not sure if this is an implement feature or a bug but when sending messages I can now see the email of the other user. Personally I think this is a bug an not everyone should be able to just go and see my email.
|
|
|
|
|
|
uk1
|
|
November 11, 2013, 12:50:07 AM |
|
Bitmit is shutting down its services / acquired by another company in two weeks. Please complete your orders and withdraw your funds asap!
2013 November 6th
Read more..
There has not been any hack, missing funds etc.
« The end is the beginning of all things, suppressed and hidden, awaiting to be released through the rhythm of pain and pleasure. Bitcoin evolved from a sore baby to a powerful soldier who is surrounded by a wonderful community of freedom fighters! With your help Bitcoin will be able to defend itself in the fight against all financial systems that are based on debt. But for us it's time to move on. »
We really appreciate your long time support!
THANKS AND BYE BYE!
PS: In the case you want to send us a beer: 1NEFkxyQ4ZX8a6bvdcYnodUBHh1XZxsWHU (Thx&Cheers!)
|
|
|
|
|
demonmaestro
|
|
November 11, 2013, 01:57:51 AM |
|
wtf. They had other people trying to buy it from them and didnt even bauther asking them.... Bitmit probably got bought out by ebay. |
Feel Like Donating? bc1q0v5nfdejapffewu67gft7zw7zsmnfmmkt3lf02 Buy/Sell BitCoin & LiteCoin Click here! | Looking for a great exchange? CoinBase Has you covered. |
|
|
bernard75
Legendary
Offline
Activity: 1316
Merit: 1003
|
|
November 11, 2013, 02:00:07 AM |
|
That would explain the no-answer-policy.
|
|
|
|
|
giszmo
Legendary
Offline
Activity: 1862
Merit: 1105
WalletScrutiny.com
|
|
November 11, 2013, 02:39:15 AM |
|
wtf. They had other people trying to buy it from them and didnt even bauther asking them.... Bitmit probably got bought out by ebay. That would explain the no-answer-policy.
Absolutely the most plausible explanation. Yeah, makes sense  |
| ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology)
WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
|
|
|
bernard75
Legendary
Offline
Activity: 1316
Merit: 1003
|
|
November 11, 2013, 02:55:44 AM |
|
wtf. They had other people trying to buy it from them and didnt even bauther asking them.... Bitmit probably got bought out by ebay. That would explain the no-answer-policy.
Absolutely the most plausible explanation. Yeah, makes sense It doesnt? Lets hear your take. |
|
|
|
|
|
Ford
|
|
November 11, 2013, 05:54:18 AM |
|
wtf. They had other people trying to buy it from them and didnt even bauther asking them.... Bitmit probably got bought out by ebay. That would explain the no-answer-policy.
Absolutely the most plausible explanation. Yeah, makes sense It doesnt? Lets hear your take. ebay do have a business tactic of buying the competition with an offer that can not be easily refused, and then just shutting down the competition.... (i can not name any of these "acquisitions", but i have read about them in the past) A few million to eBay is nothing, but it is a shitload to Bitmit..... Not good for consumer choice, but it is a very effective way of staying as the top dog for ebay... |
|
|
|
Anon136
Legendary
Offline
Activity: 1722
Merit: 1217
|
|
November 11, 2013, 07:07:55 AM |
|
wtf. They had other people trying to buy it from them and didnt even bauther asking them.... Bitmit probably got bought out by ebay. That would explain the no-answer-policy.
Absolutely the most plausible explanation. Yeah, makes sense It doesnt? Lets hear your take. Not good for consumer choice, but it is a very effective way of staying as the top dog for ebay... idk the seen is obvious but economics is all about the unseen. if ebay goes around buying up competition this creates incentive for entrepreneurs to make new businesses, in the hopes of being bought out, thus adding to consumer choice. on net the effect could be positive, negative or it could be a wash, i dont know really, just something to think about.  |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
|
|
bernard75
Legendary
Offline
Activity: 1316
Merit: 1003
|
|
November 11, 2013, 09:21:34 AM |
|
In any case the offer must have been so high, that he didnt even bother to check the competition.
|
|
|
|
|
|
razorfishsl
|
|
November 11, 2013, 10:23:16 AM |
|
Er….. more likely this………. 1.Current anti-fraud clampdown in HK related to bitcoin and mainland/HK companies illegally laundering money/bitcoins without correct licenses, still ongoing…… busted companies in Central/Mong Kok/Wan Chai, looks like they are combing the Island from Central outwards West to East (kwun tong is in the East) 2. CR No.: 0252031
Company Name: AUDIX HI-TECH INVESTMENT CO., LIMITED
敦吉科技投資有限公司
Company Type: Local Company
Date of Incorporation: 12-MAY-1989
Address
FLAT B & C 20F INFOTECH CENTRE 21 HUNG TO ROAD Kwun Tong, Hong Kong
3. CR No.: 0151773
Company Name: TOYO KUNI ELECTRONICS COMPANY LIMITED
豐國電子有限公司
Company Type: Local Company
Date of Incorporation: 24-MAY-1985
Company Status: Private
FLAT B & C 20F INFOTECH CENTRE 21 HUNG TO ROAD Kwun Tong, Hong Kong
4.Bitmit 企業資料
辦公地址: 香港九龙官塘鸿图道21号讯科中心B20楼F室
(Flat B 20/F, Infotech Center No.21 Hung To Road Kwun Tong, Kowloon Hong Kong)
Maybe someone just panicked, because Bitmit appears to have been trading illegally from a HK address. If anyone wants full disclosure of directors and their addresses , I can obtain it ,but I need bitcoin donation to pay government charges…. maybe there is a bigger game here that they don't want exposed…. |
|
|
|
|
mralbi
|
|
November 11, 2013, 01:58:52 PM |
|
what makes you think they were trading illegally??? What should these addresses "AUDIX HI-TECH INVESTMENT CO., LIMITED " etc. tell us?
|
|
|
|
|
