Re: Bitmit - Bitcoin shopping mall - Bitcoin market place

I hope some real professionals with deep pockets for developers, marketers, and lawyers step up to buy BitMit.

BitMit has the potential to be the next eBay, just as Bitcoin may replace Paypal.

Sure you could roll your own BitMit clone. Many people are trying that approach.

But just as eBay's first mover advantage provided them with instant dotcom name recognition, BitMit's overwhelming early market presence makes their brand very valuable.

With some adult supervision, the room for growth is mind-boggling.

Maybe a Coinsortium of investors will purchase BitMit and take it public on Kate's new Ciphertrade exchange... Wink

Some people don't realize there is no need to be the first in the market. Do you search with Yahoo or Google ? If none, you are likely searching with other option which is even newer than them.

I was making 1-2 sales per day using bitmit. Using coingig and cryptothrift I have made 1 sale in the past week. I miss bitmit.

It is likely that coingig and cryptothrift won't achieve the same user base as bitmit, just because they add nothing to what we already got and have to build trust. You don't need to be the first in the game, but you need to add some good value to the service if you want to take over (hint to the new sites: bad talking about the competitors doesn't add value). In this specific case it will be very easy to take over as bitmit is going away, but most likely some of the user base will stop using this kind of service, and other part will fragment among the available options.