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FirstBitcoinRevshare – Its All About Bitcoin!

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abiotic
Traffic Value: $22.31948 Pakistan
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25/01/2017 10:31
Bronze membership cost : 0.05 btc
You can buy :
100 x 0.001 = 0.1
200 x 0.001 = 0.2
Total : 0.3

Adpacks maturity :
100 x 0.001 (120%) = 0.12
200 x 0.001 (130%) = 0.26
Total : 0.38 btc earning after 2 months

0.38 earning - 0.05 membership fee = 0.033 btc
Principal : 0.3
Pure profit : 0.03 btc
Vixthra
Traffic Value: $2,179.00664 Slovenia
8 like this post 0 people
25/01/2017 11:32
The problem is the no-step between the free level and 1st upgrade. While the 0.001 starting adpacks are very good for all the smaller users, it is a complete no-go for the 0.05 entry fee to 1st upgrade - and even there the only difference is 10% return and 2x adpacks, but it is in no way reasonably profitable according to the fee paid to get there.

In example, "some other" programs start the free jurney at 0.01 adpacks which makes it possible to buy the next level upgrade with a sensible amount of profiti still being made.

There are two calculative errors being made in this last announcement (mind though, it is a work in progress still) and those are:
- 1st level entry fee being at a too high price considering the 0 level pack value, and
- the a-linear pack progression on 1st level, since it's only a matter of 2x quantity and 10% bonus

I wasn't doing the math for the following levels's entry fees. The adpack structure later on however is the one we got well used to in FBR and continues at 10x size & 10% bonus increase per level.

All that is required now is mainly to fix the 0-1 level starting values by upgrade values and adpack sizes and it should all prove to look much more reasonable.
carvalho17
Traffic Value: $28.3459 Brazil
5 like this post 0 people
25/01/2017 11:56
Looks like it will be a difficult transition between this FBR and the new FBR.

I agree these fees are high (The math was not done thinking their prices and benefits) and look too much the MPCA structure. I agree that some members will be discouraged to invest too. BUT some members were just expecting the new FBR to be an HYIP , you can see it through the group on FB, comments like "I don't want this 2-3%, I want 5%" and they might leave anyway. Let's see how Hiren balance these fees and pack's profit/price/daily cap (although I expect a 2-3% limit)
dear123
Traffic Value: $605.49135 India
1 like this post 0 people
25/01/2017 12:28
According to the new Ad pack structure, Membership upgrade fee is for a month  (Bronze Membership 0.05 BTC per Month)

It indicates if a member does not renew membership in the subsequent month, his/her Ad packs can turn as inactive Ad packs to earn profit.

So, it seems posts by siddartha149 & borut986 are correct and the new fee structure is NOT profitable to members (except for upline members getting ref com).  Admin's  clarification  about the new membership fee structure (linked with profitability to members) is expected soon.
siddartha149
Traffic Value: $683.06885 India
4 like this post 0 people
25/01/2017 12:44
@dear123 I confirmed from Hiren Bhai about this confusion. He told me that membership is only required to buy higher level adpacks. Once the adpacks add into our accounts, then membership is not required to get daily profits from it.
Crimson
Traffic Value: $1,850.32389 Romania
6 like this post 0 people
25/01/2017 14:41
There is a much easier way to do all this.Lower the adpacks roi to 110-120% and do not charge any membership fee.The result can be the same.Charging money for membership is not good,so why dont you  just cut it from the adpack roi.
stark100
Traffic Value: $729.96203 Hungary
9 like this post 0 people
25/01/2017 15:42

Hirenbhai wrote this in MPCA topic. wink
carvalho17
Traffic Value: $28.3459 Brazil
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25/01/2017 15:45
Ops @Hirenbhai tongue rolleye
Issaro
Traffic Value: $3,448.12527 Turkey
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25/01/2017 15:47
Vixthra, I informed Hirenbhai about your idea via PM in Facebook. If you let me, I can copy paste your text to him if you wish. By the way, he told me "it  would be good if he PMs me directly his thoughts here.."
Vixthra
Traffic Value: $2,179.00664 Slovenia
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25/01/2017 15:53
Well, I wasn't treating it as an "idea", merely an observation.

Edit: I'll talk to him myself smile
Issaro
Traffic Value: $3,448.12527 Turkey
3 like this post 0 people
25/01/2017 16:05
Fine smile Well, I think you made a good point in that observation so I wanted to let Hiren know about it. He already considers reducing the fee for Bronze membership after what one of the members at FB group said. So, that observation of yours regarding the adpack structure could be another valid reason to reduce the fee in my opinion. 
Vixthra
Traffic Value: $2,179.00664 Slovenia
2 like this post 0 people
25/01/2017 17:25
I have talked to Hirenbhai and he decided to lower the bronze membership fee to 0.03 and cut ALL memberships for the first month in half.
CookieMignon
Traffic Value: $17.10904 Switzerland
1 like this post 0 people
25/01/2017 18:16
HIRENBHAI POST ON FB :
OK, since so many are going crazeeeee over Membership fees, I have decided to reduce the Bronze membership fees to 0.03 BTC monthly, the rest of the fees will remain the same.
Also, for the first 1 month after the new website goes online, ALL the Memberships will be available at 50% DISCOUNT!! .... so instead of 0.03 BTC it will cost you 0.015 BTC for Bronze, and 0.05 BTC for Silver, and 0.10 BTC for Gold, and 0.25 BTC for Diamond!
Happy now?! tongue
BTW, I also want to make this clear since many members seem to be confused about it - You don't need to buy the Membership every month to earn ROI from your Adpacks!... so for example: if you want to have 200 active adpacks of 0.001 (120%) + 200 active adpacks of 0.001 (130%) then you pay the 0.03 btc (special offer - 0.015 btc) membership fee ONCE in February, and then buy all these adpacks..... and they will continue to give you profit for the next few months, but you will NOT need to pay the membership fee in March and April if you don't intend on buying more Adpacks of those 2 levels! wink
Also, if you already have Adpacks of the higher level (which many members have currently), then when the website restarts, you will NOT be forced to buy any Membership to earn from those Adpacks! ..... you can just keep earning and cashing out... but if you decide on buying more Adpacks for any level apart from Standard, then you will have to pay Membership fees.
I hope it's clearer now.
totoer008
Traffic Value: $1,804.70567 France
2 like this post 0 people
25/01/2017 18:58
Yeah there a lot to be unveiled at the restart guy so be patient smile . As for an insight there will be login ads !!!! I find that cool smile smile
stark100
Traffic Value: $729.96203 Hungary
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25/01/2017 21:41
So it should not call it monthly membership fee, but it is membership fee that is valid for a month.
carvalho17
Traffic Value: $28.3459 Brazil
1 like this post 0 people
25/01/2017 23:10
Can I buy many months at once with the discount?
siddartha149
Traffic Value: $683.06885 India
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26/01/2017 05:16
@carvalho17 It would be cool if can do that!
Nenorma
Traffic Value: $126.13469 Macedonia
1 like this post 0 people
26/01/2017 07:14
Guys, I know this is not this topic is about, but this topic is most active, so I've got news from Xapo that from 15th next month they will charge some great fees.
Any suggestions where can I open new account that have no fees like Xapo had or have very low fees. Thanks
Crimson
Traffic Value: $1,850.32389 Romania
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26/01/2017 10:26
You can setup your own fees in blockchain.
siddartha149
Traffic Value: $683.06885 India
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26/01/2017 13:21
@Crimson Are you sure about that? I don't think you can edit transfer fees in any wallet.
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