Bitbucket is a web-based hosting service for projects that use either the Mercurial or Git revision control systems. Bitbucket offers both commercial plans and free accounts... On 29 September 2010, Bitbucket was acquired by VC-funded Atlassian. Initially, Bitbucket only offered hosting support for Mercurial projects. On 3 October 2011, Bitbucket officially announced support for Git hosting. http://en.wikipedia.org/wiki/Bitbucket
In computing, the bit bucket is jargon for where lost computerized data has gone, by any means; any data which does not end up where it is supposed to, being lost in transmission, a computer crash, or the like, is said to have gone to the bit bucket — that mysterious place on a computer where lost data goes... http://en.wikipedia.org/wiki/Bit_bucket
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