3 ms·
I acquired my (very small) BTC stash via selling stuff on the eBay clone BitMit; it was starting to get traction before the site owners decided to shut down / s
by lukifer 13y ago
I acquired my (very small) BTC stash via selling stuff on the eBay clone BitMit; it was starting to get traction before the site owners decided to shut down / sell (its fate is still uncertain).
There are two others, CryptoThrift and CoinGig, but their transaction volume is still relatively low. It's a gaping hole in the market right now (and that's considering that eBay itself has been begging for a disruption for years).
- victoro 13y agoHow did BitMit overcome the problem of trust between buyer and seller? E.g. somebody sends bitcoin to a wallet and never gets the product they wanted. Did they offer some kind of escrow service or was everything based on reputation and buyer/seller reviews?
- lukifer 13y agoBitMit acted as an escrow themselves. I never caught wind of any disputes, so I don't know how they were handled. And they also had reputation and reviews as well.