Author

Topic: BTCinch.com Shuts Down (Read 1677 times)

hero member
Activity: 575
Merit: 500
The North Remembers
January 16, 2012, 08:23:55 PM
#11
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.
hero member
Activity: 812
Merit: 1000
January 16, 2012, 07:36:42 PM
#10
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.
hero member
Activity: 602
Merit: 502
January 16, 2012, 07:29:41 PM
#9
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.
hero member
Activity: 812
Merit: 1000
January 16, 2012, 07:22:28 PM
#8
not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.
sr. member
Activity: 316
Merit: 250
January 16, 2012, 06:29:17 PM
#7
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?


legendary
Activity: 2058
Merit: 1005
this space intentionally left blank
January 16, 2012, 06:24:00 PM
#6
do. not. quit.
please.

thanks!

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

sr. member
Activity: 316
Merit: 250
January 16, 2012, 06:14:59 PM
#5
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?
legendary
Activity: 1764
Merit: 1002
January 16, 2012, 05:57:05 PM
#4
why is there entire site still up w/o any notifications?

link to Dashboard?
hero member
Activity: 784
Merit: 1010
Bitcoin Mayor of Las Vegas
January 16, 2012, 05:44:49 PM
#3
legendary
Activity: 2058
Merit: 1005
this space intentionally left blank
January 16, 2012, 05:38:01 PM
#2
what? noooooooo....!

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

hero member
Activity: 784
Merit: 1010
Bitcoin Mayor of Las Vegas
January 16, 2012, 05:33:59 PM
#1
... 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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