BTCinch.com Shuts Down | Bitcointalksearch.org

tiberiandusk

hero member

Activity: 575

Merit: 500

The North Remembers

Quote from: payb.tc on January 16, 2012, 08:36:42 PM

Quote from: nmat on January 16, 2012, 08:29:41 PM

Quote from: payb.tc on January 16, 2012, 08:22:28 PM

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.

BitBid runs on crack.

payb.tc

hero member

Activity: 812

Merit: 1000

Quote from: nmat on January 16, 2012, 08:29:41 PM

Quote from: payb.tc on January 16, 2012, 08:22:28 PM

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.

nmat

hero member

Activity: 602

Merit: 501

Quote from: payb.tc on January 16, 2012, 08:22:28 PM

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.

payb.tc

hero member

Activity: 812

Merit: 1000

not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.

bearbones

sr. member

Activity: 316

Merit: 250

Don't worry. I don't anticipate any down time for merchants.

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

-Ira

Quote from: 2weiX on January 16, 2012, 07:24:00 PM

do. not. quit.
please.

thanks!

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

2weiX

legendary

Activity: 2058

Merit: 1005

this space intentionally left blank

do. not. quit.
please.

thanks!

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

bearbones

sr. member

Activity: 316

Merit: 250

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

Quote from: cypherdoc on January 16, 2012, 06:57:05 PM

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

link to Dashboard?

cypherdoc

legendary

Activity: 1764

Merit: 1002

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

link to Dashboard?

Tuxavant

hero member

Activity: 784

Merit: 1000

Bitcoin Mayor of Las Vegas

2weiX

legendary

Activity: 2058

Merit: 1005

this space intentionally left blank

what? noooooooo....!

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

Tuxavant

hero member

Activity: 784

Merit: 1000

Bitcoin Mayor of Las Vegas

... 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".

Topic: BTCinch.com Shuts Down (Read 1649 times)