I used the "Import" option to create a repository which was hosted on another system. However, after one hour the repository still mentions:
Repository not available - import in progress
This repository will be available once the import is complete. Until then, you cannot modify the repository.
It is a very small repo. I am actually able to interact push/pull with the repo on Bitbucket, but only the page of the repo keeps saying the "import in progress" message.