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Author Topic: BTCinch.com Shuts Down  (Read 1649 times)
Tuxavant (OP)
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January 16, 2012, 10:33:59 PM
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... stating "BTCinch is simply not a viable business in the US.", "All customer deposits will be distributed via a third party..." and "We are working out a transition plan for Merchants, who will be emailed specifics later today".


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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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January 16, 2012, 10:38:01 PM
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what? noooooooo....!

seriously, haven't gotten anything like this, even though I am using it.

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January 16, 2012, 10:44:49 PM
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January 16, 2012, 10:57:05 PM
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why is there entire site still up w/o any notifications?

link to Dashboard?
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January 16, 2012, 11:14:59 PM
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I wanted to notify all customers (bot is still sending out emails) before making a public announcement. I'll make an official post, once everyone is properly notified. Until then, please hold your horses.

-Ira

why is there entire site still up w/o any notifications?

link to Dashboard?

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January 16, 2012, 11:24:00 PM
 #6

do. not. quit.
please.

thanks!

also, please reply to my email, hope we can work something out?

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January 16, 2012, 11:29:17 PM
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Don't worry. I don't anticipate any down time for merchants. Smiley

Will email you and everyone else, once the general notifications are finished.

-Ira

do. not. quit.
please.

thanks!

also, please reply to my email, hope we can work something out?



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payb.tc
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January 17, 2012, 12:22:28 AM
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not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.
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January 17, 2012, 12:29:41 AM
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not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.

Honestly, I don't think that there are many people buying things with bitcoins. These services charge a relatively small fee so they need more than just a handful of transactions per day to make it worth it.
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January 17, 2012, 12:36:42 AM
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not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.

Honestly, I don't think that there are many people buying things with bitcoins. These services charge a relatively small fee so they need more than just a handful of transactions per day to make it worth it.

well yeah, but what expenses would they have had? if it's a one-man programming show, all it takes is $0.?? in hosting fees and a supply of caffeine.
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January 17, 2012, 01:23:55 AM
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not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.

Honestly, I don't think that there are many people buying things with bitcoins. These services charge a relatively small fee so they need more than just a handful of transactions per day to make it worth it.

well yeah, but what expenses would they have had? if it's a one-man programming show, all it takes is $0.?? in hosting fees and a supply of caffeine.


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