>> (p.1)
    Author Topic: BTCinch.com Shuts Down  (Read 1693 times)

    • Tuxavant (OP)
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    January 16, 2012, 10:33:59 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".
    FB | Bitcoins In Vegas | BlockTrain.me

  • 2weiX
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    this space intentionally left blank


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    January 16, 2012, 10:38:01 PM
     #2
    what? noooooooo....!

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

  • Tuxavant (OP)
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    January 16, 2012, 10:44:49 PM
     #3
    FB | Bitcoins In Vegas | BlockTrain.me

  • cypherdoc
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    January 16, 2012, 10:57:05 PM
     #4
    why is there entire site still up w/o any notifications?

    link to Dashboard?

  • bearbones
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    January 16, 2012, 11:14:59 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

    Quote from: cypherdoc on January 16, 2012, 10:57:05 PM
    why is there entire site still up w/o any notifications?

    link to Dashboard?
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  • 2weiX
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    January 16, 2012, 11:24:00 PM
     #6
    do. not. quit.
    please.

    thanks!

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

  • bearbones
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    January 16, 2012, 11:29:17 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

    Quote from: 2weiX on January 16, 2012, 11:24:00 PM
    do. not. quit.
    please.

    thanks!

    also, please reply to my email, hope we can work something out?
    Feed Ze Birds Pay and get paid for tweets
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  • payb.tc
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    January 17, 2012, 12:22:28 AM
     #8
    not viable in the US? wasn't it a bit-pay clone? i thought they were doing okay.

  • nmat
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    January 17, 2012, 12:29:41 AM
     #9
    Quote from: payb.tc on January 17, 2012, 12:22:28 AM
    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
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    January 17, 2012, 12:36:42 AM
     #10
    Quote from: nmat on January 17, 2012, 12:29:41 AM
    Quote from: payb.tc on January 17, 2012, 12:22:28 AM
    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.

  • tiberiandusk
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    January 17, 2012, 01:23:55 AM
     #11
    Quote from: payb.tc on January 17, 2012, 12:36:42 AM
    Quote from: nmat on January 17, 2012, 12:29:41 AM
    Quote from: payb.tc on January 17, 2012, 12:22:28 AM
    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.


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