A data point.
On the minus side:
- They seem to have ripped the HTML from TradeHill. Probably not an illegal
move, but something that doesn't speak well for their business ethics
- The trading volume is very small, and a medium-sized trade will move
the market a lot.
- They're based in Bulgaria, a place particularly reknowned for shady internet
business practices.
- They tried to bribe old standing member of the bitcoin community to promote
their site. Probably something that's considered a normal/acceptable business
practice in the backwater hellhole they operate from. It might take them some
time adjusting to international market expectations.
Dear Bitcion7,
As many people have already noticed, your firm has admittedly plagiarized the text (and more) from Tradehill's website.
We pointed this out in the above posts and asked you to change the text several times. You have been apologetic and explanatory but have not remedied the situation. It has been two weeks since we've made multiple requests and less then 1% of the text has been changed. We understand it takes time to change a site but you have not taken any steps yet. Additionally, you've made plenty of time for marketing your company via lengthy forum posts and updates.
It is also very coincidental that your site came on-line 4 days after ours, with the exact same text, same features (like instant buy/sell), and offering referral codes. We have spent time and resources on developing our own website and ideas – please respect our intellectual property and remove the text immediately.
The text on Tradehill's website under “Introduction”, “Add Funds”, “Withdraw Funds”, “Support”, “Deposit Funds” and more, has been directly plagiarized by Bitcoin7 under – coincidentally – the exact same titles of “Introduction”, “Add Funds”, “Withdraw Funds”, “Support”, “Deposit Funds”.
See below - just some - of the exact plagiarisms which currently remain (at least up until the dating of this post).
TRADEHILL:
Under “Legal” and “Terms of Use”
Proprietary Rights
All contents of the TradeHill website, including, but not limited to, text, names, data, logos, buttons, icons, code, methods, techniques, models, graphics and the underlying software (the “Components”), are proprietary of TradeHill and are protected by the patent, copyright, trademark and trade laws of Chile and/or other countries. Nothing contained in this website shall be used in any form unless expressly stated by TradeHill.
https://www.tradehill.com/Support/Legal BITCOIN7:
Proprietary Rights
All contents of the Bitcoin7 website, including, but not limited to, text, names, data, logos, buttons, icons, code, methods, techniques, models, graphics and the underlying software (the "Components"), are proprietary of Bitcoin7 and are protected by the patent, copyright, trademark and trade laws of Bulgaria and/or other countries. Nothing contained in this website shall be used in any form unless expressly stated by Bitcoin7.
TRADEHILL:
Under “Legal” and “Terms of Use”
Changes to Website
TradeHill will always attempt to keep its users informed of any changes to the website. However, TradeHill may terminate, change, suspend or discontinue any aspect of this website, including the availability of features of the site, at any time. TradeHill may also impose limits on certain features and services or restrict your access to part or the entire website without prior notice or liability.
https://www.tradehill.com/Support/Legal BITCOIN7:
Under “Legal” and “Terms of Use”
Changes to Website
Bitcoin7 will always attempt to keep its users informed of any changes to the website. However, Bitcoin7 may terminate, change, suspend or discontinue any aspect of this website, including the availability of features of the site, at any time. Bitcoin7 may also impose limits on certain features and services or restrict your access to part or the entire website without prior notice or liability.