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18th February - News

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MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
40 like this post 0 people
18/02/2017 22:10
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CEO - Marc de Koning
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Barter My Funds
CoinFlip Evolved
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We have improved and built a lot of things!
Whenever we are silent, we perform best.
Here's an update of what has happened and will happen in the near future.

When you use BarterMyFunds you are now able to see our reserves for your desired pair coupled with the fees if you would barter $1.
Go and check it out!


P.S: We've just had our biggest exchange till date!

53 minutes ago Advcash (USD) 4,000 USD ? Bitcoin (BTC) 3.69521638 BTC

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We have transfered Coinflip Evolved to its own domain, Coinflipevolved.com to be exact!
This is where we'll be adding Adsense to earn more money of our banner spots.

Furthermore we built a gem structure mechanism which will become the main currency ingame with which you can buy coins and outfits.
There will also be an achievements log that shows you the achievements you've reached and lets you collect the rewards that come with those.
Additionally, it will show you the following milepoles for you to reach.

A new shop is about to be finished, which will offer you a lot of things which are currently not there!

-Gems
-New animations
-New skins
-Fun items

We've also added a tutorial which will help new players to understand the game.

Furthermore:

- Added a half bet button; redesigned layout
- Added achievement table button; redesigned layout

And a bunch of new, improved buttons were made.

All of the above will be added all at once during a big push which will be somewhere during the next week.

Upcoming in the near future:

-Different backgrounds (Purchasable)
-More animations/skins/fun items









To get these updates on a real time basis, with additional images, please like our facebook page!


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A number of very big changes are upcoming for PlayBitcoinGames.

-We are completely changing the design.
-We will add your deposits after just 1 confirmation on the network instead of the current 4, this will decrease the time to about 10 minutes.
-We are adding Litecoin.

When registering on PlayBitcoinGames you will have the option to either deposit with litecoin or bitcoin.
Based on your preference you can create an account which will only allow deposits and cashouts with your preferred pair.
In case you want to use the other pair, you'll have to make an additional account.

We are feeling very confident these changes (and our recently added deposit bonuses) will make a huge change for PlayBitcoinGames' performance and make it a lot easier to market to a wide audience, which is exactly what we're planning to do!

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On Monday we're launching our secret freemium game!
This will be a game changer.
Stay tuned as on monday we will be spreading the link here and give you the opportunity to play from the start and fully enjoy all elements of the game!

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Our first 2 weeks of February have been great!
We've had some very bad days the past few days but current projections are that we will be breaking even for this month.
This is a positive development, especially before launching all of our new products.
This doesn't mean we're out of debt overall, but if we can at least keep this pace we can continue improving our products and launching new ones until we do.
At the end of this month i'll be running a full liquidity check again, as I've made us a few $1000 lately by managing bitcoin in the best possible way, i'm curious to see how much that cut off of our total debt.

Once again: We truly believe that with our current growth and all of the upcoming additions and changes, we are facing some great times for everyone.
This will bring back a lot of our old members, which will further stimulate activity and growth.
We have all worked extremely hard to get here, I am grateful for everyone who is still actively taking part!
Gizmo
Traffic Value: $54,219.84749 United States
14 like this post 0 people
18/02/2017 22:42
All right ! I am very excited to see the game changing moment ! It may not happen over night as Rome was not built overnight. I am looking forward to a gradual progressive climb like climbing Mount Everest. It can not be done quickly since members need to be acclimatized and be in a ready physical shape. So stock up your rp shares and buy some fast track sales and be ready ! I am hoping it will be a noticeable progress that we do not need insider talks from management telling us that we are growing. I am so looking forward ll the day that rp price climb to .01 cent and monthly/weekly dividend payout to be paying out on regular basis ! Long live MTV you rock !
orlan12fish - Administrator
Traffic Value: $5,500.61933 Guatemala
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18/02/2017 22:43
Extremely excited as well!!
bozof
Traffic Value: $29,464.72207 Slovenia
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18/02/2017 23:13
Good news!

I will start investing into MTV again!
jordy186
Traffic Value: $868.5955 Netherlands
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18/02/2017 23:37
It looks like the coming weeks is moment we have been waiting for and we get some excitement back!

Next weekend i will go on holiday for 3 weeks and i really believe that things changed when i return!

Im proud to be a MTV member!
fraser
Traffic Value: $11,569.46477 Australia
1 like this post 0 people
19/02/2017 02:03
Hi Marc


Great update.  Well done to you and the team.


Not to be negative, but a couple of things that gives me a bit of concern.  


1. By stating the reserve amounts on BMF, is that not giving a potential hacker an idea of the 'prize' they could collect should they breach the site?  As the value/volume of transactions grows, we'll obviously need to keep higher reserves to ensure we can meet customer requests...that reserve could become very tempting for the potential hacker.  Would love to hear your thoughts on how this threat can be mitigated against.


2. You said "I've made us a few $1000 lately by managing bitcoin in the best possible way".  Obviously that is great for MTV/FBG, but I hope that doesn't mean you've personally been trading bitcoin highs and lows.  Whilst I'm sure you have some skill in that, every trader can get caught out.  Please can you give us a bit of clarity on what that statement actually meant.


Thanks in advance,
Fraser 
carvalho17
Traffic Value: $28.3459 Brazil
0 like this post 0 people
19/02/2017 02:30
Fraser
I think he meant using the btc the best way possible for cashouts/paying programmers. It went a bit down/up last week's, if he used it before the drop and got some for $950 it's some profit.
vecors
Traffic Value: $2,173.146 Portugal
7 like this post 0 people
19/02/2017 02:36
donsoulz
Traffic Value: $7,212.45963 Malaysia
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19/02/2017 04:40
i start investing again...maybe every month..hoping all my investment here be worth in the future with MTV growing.....now only focus on RP while waiting for my FTQ..
Wixy
Traffic Value: $1.09 Bangladesh
7 like this post 0 people
19/02/2017 06:23
Welcoming myself in this amazing forum looking forward for the upcoming dayssmile
dguy
Traffic Value: $15,993.01608 Canada
6 like this post 0 people
19/02/2017 07:27
Is there any risk in that 1 ping confirmation? Is there any way for a hacker to spoof that? Otherwise why would the network generally demand four or more confirmations? I'm not doubting you, I am just concerned that we are taking on risk to satisfy the gamblers (who will probably wait anyway)
bitls
Traffic Value: $182,371.42148 Macedonia
3 like this post 0 people
19/02/2017 09:19
Great news!

I don't know why, but I can smell legalization in the air grin. I saw that you added litecoin to PBG and wanted also to suggest some cryptocurrencies that in my opinion will have great future and also we can implement them in our sites. 
1. Ethereum - smart contracts will be the future of blockchains. (also one new POS coin Qtum which will be released on 1st of March, which is a combination from Ethereum and Bitcoin, but lets wait and see)
2. Monero - highly used on darknet markets for it's anonymity
3. Dash - also highly used in darknet markets (Monero is slowly taking it's place)
4. Maybe Zcash - anonymous but still not used in markets. 
gugakip
Traffic Value: $739.34329 Belgium
3 like this post 0 people
19/02/2017 09:38
Maybe we could implement that they can't cashout before they got 4 confirmations, so they'll never earn money before we got their money first.
vicura
Traffic Value: $4,969.3683 Spain
0 like this post 0 people
19/02/2017 10:28
Will neteller be implemented in BarterMyFunds in the next months? I have some hundreds there that want to convert into BTC but fees are too high

BTW, made my first referral in BMF. I thought MTV account will have also BMF, but looks like it doesn't. Should we implement that so we don't have to create another acc? Like MTV-PV, same account for both sites
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
13 like this post 0 people
19/02/2017 11:30
@Fraser:

There was always a way of finding out how much cash we have in our wallets, it was just a little bit harder than it is now.
We've added it as I truly believe it will get us more customers, as it gives them clarity of how much of their desired "currency/processor" we're holding.
I personally don't feel like going through a sign up process on a website that I don't know the balances of either.

By now we're much more secure, we've patched our loopholes, we've installed a lot of automatic safety measures, we have lower automatic limits, we have 4 people monitoring BMF at least a few times per day..
And on top of that we won't grow the overall value of the money we're holding, just because the volume is growing.
We take it out from elsewhere and add money from our "mtv"-processors, like we have always done.
If the price isn't right, people don't go after you when you're a hard target.

To your 2nd question the answer is really simple.

I buy on dips, pay bills and big cashouts on spikes, there is no trading involved.
In case it dips and I have to pay bills, I keep $10-$30.000 in Perfect Money on standby to exchange when necessary (I can exchange it for about 1-1.5% in fees)
Last month I know for a fact that I made at least $100/coin on 30 bitcoins of our reserve back then, I paid a lot of bills all at once to "secure the profit".

@Dguy:

Deposit is confirmed on 1 confirmation, but you're unable to cash out until it reaches at least 3.

@Bitls:

Aside from the fact that I have big personal issues with ethereum, it's the most unsafe, big crypto out there.
They have been forking away and creating sidechains whenever they pleased, showing that it's unsecure, not fully decentralized and the development team is highly unreliable (The last one is a personal opinion perhaps)

Zcash and XMR are on my "maybe-list" of BMF, but I have no plans to add them to PBG just yet.
Zcash is still too fresh and there's a lot of stories going on of people who want to copy the entire chain and start if for them selves (ZCash= Open source).
This because the development team gets a cut of the total amount of zcash and some people don't approve of such a thing and believe they can do it better.
Its value has been continuously declining lately as well.

I am very well informed about all the important crypto's and some that most don't pay enough attention to (imo) like for example: Sia.

But in the current market of blockchains it seems that all of them are declining and everyone just (ab)uses them in order to gain more bitcoins, which is the thing they are ultimately interested in.

@Vicura:

Neteller on BMF is highly unlikely any time soon.

Stand alone products have their own databases and sometimes even private servers, this is a lot safer.
Stand alone really means stand alone, this is why those results are not added to our portfolio automatically.
dguy
Traffic Value: $15,993.01608 Canada
0 like this post 0 people
19/02/2017 11:47
It looks like you have a good grasp of everything that is happening and needs to be watched.

I'm very excited about tomorrow. With all the quiet around here lately this could produce some solid buzz. coin flip created some good buzz, this should be even higher

I hope you guys plan on rolling out some banners since I will be glad to promote them myself

Also, you might want to take a look at marketing the site at project wonderful. They aren't very friendly to PTCs and probably not gambling sites but I have seen games marketed there so there is a good sized community for that genre. The benefit is that you can get really cheap ads since many of the ad spaces are people desperate for cash but they have lots of traffic flow. Plus many are newbies in advertising so they don't understand the value of their pages or how to monetize them properly
vecors
Traffic Value: $2,173.146 Portugal
8 like this post 0 people
19/02/2017 11:55
dguy

I`m already working on a first set of banners for this upcoming launch of tomorrow. They will be ready for the launch on the regular sizes. I`m planning/willing to do other sizes but I will have to wait for the crowd to let me know what are they needs as it`s a game and I`m not familiar with which sizes are usually used for those.
But tomorrow you`ll have 728x90, 468x60 and 125x125 available at least.
dguy
Traffic Value: $15,993.01608 Canada
0 like this post 0 people
19/02/2017 12:38
Those sizes would be good. Plus maybe a few splash page size images in the 700 to 1000 range.
bigbadmoose
Traffic Value: $520.60691 United States
12 like this post 0 people
19/02/2017 13:24
Good to see the site is still around and making positive changes to improve itself. grin One of your old members has come back for awhile. Just to see what is going on.
Milan372
Traffic Value: $8,460.97212 India
3 like this post 0 people
19/02/2017 18:18
@bigbadmoose,

Looks like you changed your font color...If I am not wrong, you had written all your posts in "blue color" in the past..grin
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