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Topic: Bitmit - Bitcoin shopping mall - Bitcoin market place - Bitcoin auction house - page 51. (Read 142500 times)

hero member
Activity: 529
Merit: 500
A user has managed to make orders from me, although I have put my account in out-of-office mode. Is that supposed to work? If so, I'd very much appreciate a feature to disable all sales.
hero member
Activity: 529
Merit: 500
Due to the recent exchange fluctuations we want to improve our exchange rate system.

What exchange rate would you prefer on Bitmit?

a) Last Mtgox rate
b) 24h average of all exchanges
c) Own calc:
- If last mtgox is lower than the current bm rate, take last mtgox
- If last mtgox is higher than the current bm, take the mean value of last bm rate & last mtgox

We would love to hear your thoughts.

How about using the median value of the 24h average of 4-5 exchanges? Preferably from exchanges in different currencies (Mt.Gox for USD, Bitcoin-24 for EUR, some other exchange for some other currency (CNY, GBP etc)). This protects you from a single large exchange stopping trades. Also, even if you are using the 24h average, this should be updated every minute or so.

However, it can't protect you from the insane price swings we've had the last couple of days. I don't think there is a way to protect yourself from that, other than disabling orders. The price instability is pretty much something you will have to deal with if you want to accept bitcoins.
legendary
Activity: 1862
Merit: 1114
WalletScrutiny.com
I want to be able to auto hide my items when mtgox went offline or value dropped by more than 10%/24h.
sr. member
Activity: 331
Merit: 250
Earthling
hero member
Activity: 536
Merit: 500
Lets hope bitmit is a HIT. Otherwise someone will create another bitmit based site, and enjoy the epic potential.
sr. member
Activity: 401
Merit: 252
Due to the recent exchange fluctuations we want to improve our exchange rate system.

What exchange rate would you prefer on Bitmit?

a) Last Mtgox rate
b) 24h average of all exchanges
c) Own calc:
- If last mtgox is lower than the current bm rate, take last mtgox
- If last mtgox is higher than the current bm, take the mean value of last bm rate & last mtgox

We would love to hear your thoughts.
member
Activity: 70
Merit: 10
Sad I just lost ~50% of value on the Gift Codes dues to price changes, Mt.Gox officially sucks.
sr. member
Activity: 401
Merit: 252
BitMit is up and running well  Grin

Tosaki, I am slightly confused, right now there is an order for me(2 actually:)), and the order name is blank and amount is 0BTC. There is an order ID, I am slightly confused, is this normal behaviour?

Also, the USD/BTC counter et the top seems broken.

EDIT: This is my account: https://www.bitmit.net/en/item/24422-amazon-5-gift-card

Must be a rare bug, I will investigate and push you once I have news for you.

Update:
Because of the massiv btc crash we are using the last mtgox price to determine the exchange rate in the next 24 h (maybe longer) right now

You should switch to some other exchange, perhaps Bitcoin-24's EUR rate. Trading is suspended on Mt.Gox, and their last price is way higher than the other exchanges.

Until mtgox is back we are using bitcoin24 usd/eur rate from now.

Even the last day was a pain we have some positive newsfor you. Today bitmit reached a new peak of 30k unique visitors!
member
Activity: 70
Merit: 10
BitMit is up and running well  Grin

Tosaki, I am slightly confused, right now there is an order for me(2 actually:)), and the order name is blank and amount is 0BTC. There is an order ID, I am slightly confused, is this normal behaviour?

Also, the USD/BTC counter et the top seems broken.

EDIT: This is my account: https://www.bitmit.net/en/item/24422-amazon-5-gift-card
hero member
Activity: 529
Merit: 500
Update:
Because of the massiv btc crash we are using the last mtgox price to determine the exchange rate in the next 24 h (maybe longer) right now

You should switch to some other exchange, perhaps Bitcoin-24's EUR rate. Trading is suspended on Mt.Gox, and their last price is way higher than the other exchanges.
legendary
Activity: 1722
Merit: 1217
It's really to the buyer's advantage to do something like this.

If the buyer wins arbitration, they get both the coins and the item. If they lose, they have the item and the coins go the seller.

If the seller loses arbitration, they lose the coins, the item(s) and possibly some reputation.

So it would be great to know how sellers can protect themselves from this scenario. Arbitration guidelines could be posted. A list of accepted evidences from both parties.

A buyer could conceivably record himself picking the package up at the post office and opening it on camera, showing the contents.

THe point is that we only refund the buyer if he have strong evidences that the seller has not shipped / he does not reply anymore / is a scammer. A fraudulent buyer would have no success when he claims that he has not received anything and the seller denies. Fortunately almost all of the dispute cases can be solved very quickly because it is easy for us to find the one who is justified. We also take the feedback of users into account and several other things so there is not always a clear rule.



Another thing: You need to add more decimals to your BTC shipping prices. With bitcoin at $250, 2 decimals isn't cutting it. I'm charging $2 for registered shipping, which is converted to 0.01 BTC. A good deal for me right now, not so good for my customers.

I think you should count all prices with 4 or 5 decimals on the BTC side. Why not make it 8 right now?

Yes you are right, I will improve this shortly and will also eliminate the nasty picture bugs forever i hope.



Update:
Because of the massiv btc crash we are using the last mtgox price to determine the exchange rate in the next 24 h (maybe longer) right now

thanks tosaki! this put my mind at ease
sr. member
Activity: 401
Merit: 252
It's really to the buyer's advantage to do something like this.

If the buyer wins arbitration, they get both the coins and the item. If they lose, they have the item and the coins go the seller.

If the seller loses arbitration, they lose the coins, the item(s) and possibly some reputation.

So it would be great to know how sellers can protect themselves from this scenario. Arbitration guidelines could be posted. A list of accepted evidences from both parties.

A buyer could conceivably record himself picking the package up at the post office and opening it on camera, showing the contents.

THe point is that we only refund the buyer if he have strong evidences that the seller has not shipped / he does not reply anymore / is a scammer. A fraudulent buyer would have no success when he claims that he has not received anything and the seller denies. Fortunately almost all of the dispute cases can be solved very quickly because it is easy for us to find the one who is justified. We also take the feedback of users into account and several other things so there is not always a clear rule.



Another thing: You need to add more decimals to your BTC shipping prices. With bitcoin at $250, 2 decimals isn't cutting it. I'm charging $2 for registered shipping, which is converted to 0.01 BTC. A good deal for me right now, not so good for my customers.

I think you should count all prices with 4 or 5 decimals on the BTC side. Why not make it 8 right now?

Yes you are right, I will improve this shortly and will also eliminate the nasty picture bugs forever i hope.



Update:
Because of the massiv btc crash we are using the last mtgox price to determine the exchange rate in the next 24 h (maybe longer) right now
hero member
Activity: 529
Merit: 500
Another thing: You need to add more decimals to your BTC shipping prices. With bitcoin at $250, 2 decimals isn't cutting it. I'm charging $2 for registered shipping, which is converted to 0.01 BTC. A good deal for me right now, not so good for my customers.

I think you should count all prices with 4 or 5 decimals on the BTC side. Why not make it 8 right now?
hero member
Activity: 529
Merit: 500
I can't send messages to my customers. The site says "please log in" even though I'm already logged in.

Does it still occur?

Yes. It happens when I'm sending a message from an order page. If I reply directly to a message from my inbox, I can send the reply.

There's also still some problem with product images. The last uploaded product image is used as a thumbnail, even if I select another image with the radio buttons.
full member
Activity: 196
Merit: 100
It's really to the buyer's advantage to do something like this.

If the buyer wins arbitration, they get both the coins and the item. If they lose, they have the item and the coins go the seller.

If the seller loses arbitration, they lose the coins, the item(s) and possibly some reputation.

So it would be great to know how sellers can protect themselves from this scenario. Arbitration guidelines could be posted. A list of accepted evidences from both parties.

A buyer could conceivably record himself picking the package up at the post office and opening it on camera, showing the contents.
legendary
Activity: 1722
Merit: 1217
I have a concern regarding bitmit's escrow service. I haven't used bitmit yet, but I am contemplating doing so to sell a few gold coins.

My concern is that the buyer could simply report that although a package was received, the coin was not contained within the package. How could I protect myself against this scenario? One idea I have is to video record placing the coin in the box, sealing it, and walking it into the post office, etc. Would that be overkill?

I also have a similar question. I have a pretty strong rating on bitmit, almost 30 completed auctions with 100% positive feedback. If someone did try to pull this same stunt on me and all i had was a tracking number and a receipt from the post office showing that i shipped a package of the correct weight to the buyers address, would you rule in my favor if it went to arbitration?
full member
Activity: 196
Merit: 100
I have a concern regarding bitmit's escrow service. I haven't used bitmit yet, but I am contemplating doing so to sell a few gold coins.

My concern is that the buyer could simply report that although a package was received, the coin was not contained within the package. How could I protect myself against this scenario? One idea I have is to video record placing the coin in the box, sealing it, and walking it into the post office, etc. Would that be overkill?
member
Activity: 112
Merit: 10
I accidentally sent the transaction to buy something via escrow twice, how do I request the money is sent back to me?
legendary
Activity: 1722
Merit: 1217
Hello, toaski can you please contact me at [email protected]

the website is refusing to allow me to mark my orders as shipped and the contact page isnt working either.

thanks!

This is fixed.

New server online. Migration took longer than expected, sorry!

thats why i always expect things to take longer than i expect... wait what

thanks!
sr. member
Activity: 401
Merit: 252
I can't send messages to my customers. The site says "please log in" even though I'm already logged in.

Does it still occur?
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