yambub
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Activity: 142
Merit: 11
Freedom To Live In Abundance
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November 07, 2016, 01:14:50 PM |
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It's not looking promising. What's going on with Paytoshi?
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Paytoshi (OP)
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Activity: 207
Merit: 100
Paytoshi: Micropayments & Faucets
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November 07, 2016, 04:08:01 PM |
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Hello everyone, Paytoshi started as a pet project in autumn 2014 and launched in december 2014. It was born in what appeared to be a profitable bubble left by Microwallet. In little less than two years we handled ~33 millions microtransactions exchanging ~85 BTC. We always were runner-up in this market segment, but we are proud still of our continuous operations. Paytoshi was never profitable because our transaction volume was just too low, but we loved cryptocurrencies and we decided to keep the project running nonetheless. We poured great effort to make a secure and reliable architecture and a good faucet script. We actively developed and honed our systems till this summer, when our company shifted focus on other projects. We planned to make an announcement in a few days, but FaucetBox was always too fast for us: it launched a few weeks before us, gained more traction at the beginning, decided to close down sooner... So here's our announcement: Paytoshi stops operations on 14th December. If you want to get paid, please reach your payable threshold before that date. If you are a faucet owner you can transfer your deposits to an address. It seems a good moment to be in our place: we can be the market leader for the first time with few or not competitors at all, but honestly we are not ready to start investing again on Paytoshi. We are not against selling Paytoshi to interested parties, but we wont close out just because we dont need it. Thanks to all our users, it's been a pleasant ride! Cheers
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mexicantarget
Legendary
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Activity: 1652
Merit: 1043
Cypherpunk (& cyberpunk)
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November 07, 2016, 04:21:18 PM Last edit: November 07, 2016, 05:04:03 PM by mexicantarget |
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That's very sad news Can't believe it's that unprofitable to run. Wish you good luck in your future projects. You have a PM.
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catcatcatcaty
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November 07, 2016, 06:16:26 PM |
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Hello everyone, Paytoshi started as a pet project in autumn 2014 and launched in december 2014. It was born in what appeared to be a profitable bubble left by Microwallet. In little less than two years we handled ~33 millions microtransactions exchanging ~85 BTC. We always were runner-up in this market segment, but we are proud still of our continuous operations. Paytoshi was never profitable because our transaction volume was just too low, but we loved cryptocurrencies and we decided to keep the project running nonetheless. We poured great effort to make a secure and reliable architecture and a good faucet script. We actively developed and honed our systems till this summer, when our company shifted focus on other projects. We planned to make an announcement in a few days, but FaucetBox was always too fast for us: it launched a few weeks before us, gained more traction at the beginning, decided to close down sooner... So here's our announcement: Paytoshi stops operations on 14th December. If you want to get paid, please reach your payable threshold before that date. If you are a faucet owner you can transfer your deposits to an address. It seems a good moment to be in our place: we can be the market leader for the first time with few or not competitors at all, but honestly we are not ready to start investing again on Paytoshi. We are not against selling Paytoshi to interested parties, but we wont close out just because we dont need it. Thanks to all our users, it's been a pleasant ride! Cheers lol wtf. faucets will be dropping like flies.
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xyzabc
Full Member
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Activity: 210
Merit: 100
★Spacey The Bird★ Android Game , Bitco
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November 07, 2016, 06:57:03 PM |
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Hello everyone, Paytoshi started as a pet project in autumn 2014 and launched in december 2014. It was born in what appeared to be a profitable bubble left by Microwallet. In little less than two years we handled ~33 millions microtransactions exchanging ~85 BTC. We always were runner-up in this market segment, but we are proud still of our continuous operations. Paytoshi was never profitable because our transaction volume was just too low, but we loved cryptocurrencies and we decided to keep the project running nonetheless. We poured great effort to make a secure and reliable architecture and a good faucet script. We actively developed and honed our systems till this summer, when our company shifted focus on other projects. We planned to make an announcement in a few days, but FaucetBox was always too fast for us: it launched a few weeks before us, gained more traction at the beginning, decided to close down sooner... So here's our announcement: Paytoshi stops operations on 14th December. If you want to get paid, please reach your payable threshold before that date. If you are a faucet owner you can transfer your deposits to an address. It seems a good moment to be in our place: we can be the market leader for the first time with few or not competitors at all, but honestly we are not ready to start investing again on Paytoshi. We are not against selling Paytoshi to interested parties, but we wont close out just because we dont need it. Thanks to all our users, it's been a pleasant ride! Cheers lol wtf. faucets will be dropping like flies. Lol! So much happening in faucet world !! Maybe a year later from now we would talking like .. The time when faucetbox announced closing and next day paytoshi announced closing.. Every Faucet owner could see dark days ahead. Was this the end of many people's first intro to bitcoin.. The Faucets? But then something happened to save it .. What ?
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LTU_btc
Legendary
Offline
Activity: 3192
Merit: 1364
Slava Ukraini!
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November 07, 2016, 07:34:59 PM |
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Another sad news in faucet business. I didn't used Paytoshi very often, but in general, it was good microtransactions service, second option after Faucetbox. I believed that Paytoshi will become alternative after Faucetbox will be closed. I want to say thanks to Paytoshi team for providing us great service which didn't gained enough popularity.
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felicita
Legendary
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Activity: 1582
Merit: 1031
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November 07, 2016, 07:40:05 PM |
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.... I want to say thanks to Paytoshi team for providing us great service which didn't gained enough popularity.
hmm i thnink its not a good service iam trying since moths now to register there ! its not possible allways getting this error: and no answeres to support mails -.- kind regards
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hoop
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Activity: 1523
Merit: 1001
NOBT - WNOBT your saving bank◕◡◕
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November 07, 2016, 08:13:50 PM |
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Paytoshi will close down soon!what happening in micro-transactions service proved world?
Its sad news in faucet business, second micro-transactions service proved make an announcement to close down they service !
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grosminer
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November 07, 2016, 08:32:10 PM |
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Paytoshi will close down soon!what happening in micro-transactions service proved world?
Its sad news in faucet business, second micro-transactions service proved make an announcement to close down they service !
I agree.. The faucet ecosystem is harmed today.. Bitcoin faucets are the first way for many people to get their first bitcoins and learn about the transactions system etc..
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yambub
Member
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Activity: 142
Merit: 11
Freedom To Live In Abundance
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November 07, 2016, 11:09:06 PM |
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Bitcoin faucets are the first way for many people to get their first bitcoins and learn about the transactions system etc..
That was the case for me. Started with interest in OpenBazaar then in testing there was a test coin faucet, so I found all the rest. First bitcoin transaction was a revelation, no going back after that, stupid banker currencies must die!
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toecutter
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November 08, 2016, 04:11:56 AM |
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Hello everyone, Paytoshi started as a pet project in autumn 2014 and launched in december 2014. It was born in what appeared to be a profitable bubble left by Microwallet. In little less than two years we handled ~33 millions microtransactions exchanging ~85 BTC. We always were runner-up in this market segment, but we are proud still of our continuous operations. Paytoshi was never profitable because our transaction volume was just too low, but we loved cryptocurrencies and we decided to keep the project running nonetheless. We poured great effort to make a secure and reliable architecture and a good faucet script. We actively developed and honed our systems till this summer, when our company shifted focus on other projects. We planned to make an announcement in a few days, but FaucetBox was always too fast for us: it launched a few weeks before us, gained more traction at the beginning, decided to close down sooner... So here's our announcement: Paytoshi stops operations on 14th December. If you want to get paid, please reach your payable threshold before that date. If you are a faucet owner you can transfer your deposits to an address. It seems a good moment to be in our place: we can be the market leader for the first time with few or not competitors at all, but honestly we are not ready to start investing again on Paytoshi. We are not against selling Paytoshi to interested parties, but we wont close out just because we dont need it. Thanks to all our users, it's been a pleasant ride! Cheers What a sad day. Your support was always excellent. Sorry for not generating more income for you. Good luck in all future endeavors!
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SatoshiGalaxy - MMORPG Faucet - No investments - Satoshi payouts.
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wnj4
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November 08, 2016, 08:48:30 AM |
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Your site unprofitable to run!how came that your services unprofitable to run? we need to know the reason so any one
else will run such services come up with details,and he can avoid this on own service.
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yambub
Member
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Activity: 142
Merit: 11
Freedom To Live In Abundance
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November 08, 2016, 02:01:49 PM |
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Your site unprofitable to run!how came that your services unprofitable to run? we need to know the reason so any one
else will run such services come up with details,and he can avoid this on own service.
I think if they knew that, they would not be closing!
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mexicantarget
Legendary
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Activity: 1652
Merit: 1043
Cypherpunk (& cyberpunk)
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November 10, 2016, 10:42:42 PM |
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Folks, I PMd you 15 minutes after you posted that you're shutting your service down, you still haven't replied. I've also e-mailed you ;p
Are you interested selling your project or not?
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Falkensten
Newbie
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Activity: 14
Merit: 0
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November 14, 2016, 05:25:09 AM |
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FaucetBox - Ends their days in Janauary 2017 Paytoshi - Ends their days in December 2016
However, I kinda liked the overview at Paytoshi, and sad to see they also go. I can't understand it's not profitable.
Now when that said; Faucet owners and faucet users should go over to Xapo. I don't think they would mind be the only one on the market for faucets.
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marlboroza
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Activity: 1932
Merit: 2272
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November 14, 2016, 02:29:34 PM |
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*CUT Now when that said; Faucet owners and faucet users should go over to Xapo. I don't think they would mind be the only one on the market for faucets.
Why? They are not only one. Faucet owners can use Epay.info too. Or they can wait for mexicantarget to finish his work on faucethub and use his micro payment system, and i must say from what i have seen it is looking very good.
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Falkensten
Newbie
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Activity: 14
Merit: 0
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November 15, 2016, 05:16:12 PM |
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*CUT Now when that said; Faucet owners and faucet users should go over to Xapo. I don't think they would mind be the only one on the market for faucets.
Why? They are not only one. Faucet owners can use Epay.info too. Or they can wait for mexicantarget to finish his work on faucethub and use his micro payment system, and i must say from what i have seen it is looking very good. True. Forgot about Epay. Havent been there for over half a year as it was a mess in my eyes. But now looks much better. I have to take a look at faucethub, thanks for letting me know:)
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BTCforJoe
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November 16, 2016, 07:27:42 PM |
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FaucetBox - Ends their days in Janauary 2017 Paytoshi - Ends their days in December 2016
However, I kinda liked the overview at Paytoshi, and sad to see they also go. I can't understand it's not profitable.
Now when that said; Faucet owners and faucet users should go over to Xapo. I don't think they would mind be the only one on the market for faucets.
FaucetHub.io is launching soon: https://bitcointalk.org/index.php?topic=1672870.0;topicseenAdditionally, Xapo is great, but does not appeal to the masses, as there are a TON of restrictions for a lot of regions. They ask for too much information and verification when you sign up for their service. FacuetHub will be the next big FaucetBox. Go with them
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giammangiato
Legendary
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Activity: 1862
Merit: 1327
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November 17, 2016, 08:52:04 PM |
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i'm really sad for this notice about paytoshi :-( good luck and have a nice life
thank you for serving bitcoin community for long time
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babo
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Activity: 3738
Merit: 4425
The hacker spirit breaks any spell
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December 06, 2016, 09:02:52 AM |
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i hope paytoshi release all source code like opensource.. because community give to paytoshi and now paytoshi need to give something at community is important to release code like opensource
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yo
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