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3rd October - News

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carvalho17
Traffic Value: $28.3459 Brazil
1 like this post 0 people
04/10/2016 14:54
Good as always on math @druth8x. BUT, at market rate 180k$ debt is 56 million RPs. And if you want to change it now you should not get the full debt owed, or everybody would want to sw@p. It can not be as high as previous sw@ps, but it can't be as low as the market rate, something around 1-1.5cents/RP would be "fair" or 2400 baps for 1$
jordy186
Traffic Value: $868.5955 Netherlands
3 like this post 3 people
04/10/2016 15:02
just move do it to bap instead. 2000 baps for 1$. if they want to wait they can get back 1$ if they want to sell the bap for shares and then for cash you get back about 50c.
and of course only volunteers

to cover part of the costs, increase the tax back to 15% on the bap market.
rajaconsult
Traffic Value: $11,069.20771 Germany
0 like this post 0 people
04/10/2016 15:37


Can someone explain this statistic? Does that mean we have taken 47.4 million BAP and issued 51,800,000? And plus $ 19,000? How much money we have made with ads in Click Grid?
Gizmo
Traffic Value: $54,219.84749 United States
3 like this post 0 people
04/10/2016 16:28
Is there anyone messing with coin flip ? Seems like daily revenue is dictated by the revenue from coin flip or routlette but mostly coin flip. Am I seeing lack of interest in anything but coin flip and routlette ?
dguy
Traffic Value: $15,993.01608 Canada
1 like this post 5 people
04/10/2016 17:00
Another option would be the original investment turned into RPs. So if it was $100 and you were expecting $130 you would get $100 worth of RPs. If you felt cheated you could turn those RPs into BAP at a rate of greater than 130% right now or you could refuse the offer so it would not be a loss of that ROI.

This couldn't be all at once or the market would flood and the price would crash, so maybe 100K  RPs per day or whatever a sustainable rate would be to the first in line until they stop accepting the offer or they are completely bought out. Lets say they have few days to accept and if they don't then the offer goes to the next person in the queue so there wouldn't even be RPs entering the market every day. Once you get to the end of the queue you just start over at the beginning again
rajaconsult
Traffic Value: $11,069.20771 Germany
0 like this post 0 people
04/10/2016 17:43
Is there no one who can explain the Click grid problem? Have we really made a loss of more than $ 21,000 (reduced by the advertising revenue)?

If so, we should think about a termination or to make a new calculation of odds.
MichaelKline
Traffic Value: $960.97608 United States
1 like this post 0 people
04/10/2016 19:30
rajaconsult

OK. Typical Ad Cost for ClixGrid is $1.00 per 1,000, though, currently (and I don't know for how long) there has been a sale going for $1.00 per 5,000. With 47,400,354 clicks, that is somewhere between $9,480.07 and $47,400.35 in Ad Revenue. I would figure we sit somewhere in the middle of that, around $28,000, or so, since I don't believe ALL of those clix were bought at $1.00 for 5,000. Total cash prizes amount $18,990.43, plus 4,415,976 BAP, which if converted to Ad Clicks [doubtful] would amount to $2,208.

Safe to say, there are a lot of factors that play into this product and it wasn't built as a big revenue generator, but as a cheap form of advertising. It could possibly be revamped with an algorithm to raise the price or conduct sales, based on available clix in the queue, to better maximize its revenue potential, but it's a low priority product due to its lower revenue potential.
caciPakovska
Traffic Value: $2,209.45324 Macedonia
14 like this post 12 people
04/10/2016 19:48
So, no word on FTQ from administration, right?
You tried to blind us with bunch of other 'irrelevant' news (sorry, they are irrelevant indirectly to me, I'm much more interested in my investment of 300$), but no word on the much awaited news?
We already skipped one month 'coz of the hack.. now what is it?
Or are we not in profit?
Sure that might also be true, I'm not pretty active in the last couple of months so I won't know.. but what you basically did when you stopped paying daily the ftq - you basically did another re$et on the FTQ...
Sorry but that's how I see it...whether you like or dislike my comment.
Pitty I didn't followed roidz's move on selling those 'investments' at minimal possible rate when it was still hot ... sad
druth8x
Traffic Value: $22,417.44153 United States
2 like this post 0 people
04/10/2016 20:04
"And if you want to change it now you should not get the full debt owed, or everybody would want to sw@p"

That is why I would set up a daily/weekly limit and a queue of first who ask, first who get.

If you limit the "supply", demand should be able to stay as high as it is.

BTW I chose the word exchange instead of sw@p, b/c it's market rate (even if a bit of flooding occurs, it should easily bounce back), and thus it's only a different form of "debt" that is owed to you. Technically, sw@p could also be full market rate, but that has too many bad thoughts and is thought of only as a bad rate.
Justin123
Traffic Value: $11,013.37121 Czech Republic
0 like this post 0 people
04/10/2016 21:09
that limit would have to be rather low for now, because otherwise if ftq investors decided to cash out, it would prolong pending cashouts queue too much.

there is currently total  Active FTQ Debt: $223,995.85. but maybe this voluntary sw@p feature could be made available only for one ftq round at a time, starting with oldest.
druth8x
Traffic Value: $22,417.44153 United States
0 like this post 0 people
04/10/2016 22:38
"decided to cash out, it would prolong pending cashouts queue too much."

NOT TRUE.

There is no debt besides FTQ and BAP (we know that FBG has not been able to cover the "20%"- buying low selling high esp hasn't occurred). All cash balances are fully covered. IF users wanted to cashout all ~$115K (user balances), they could.  Well, technically, I'm not so sure about that either. But, Admin have said they will cover it by not spending what they don't have.

FBG is not directly giving the FTQ Investors CASH.
Otherwise, they'd do that with profits each 1st of the month.

If they get RP, and sell them, then other members are who are providing the cash with which FBG can use to fulfill the cashout. Member CASH, which is backed up, is what buys the RP.

If they get BAP, and convert those to Ads, that CASH is only issued with money PV has to give.
vecors
Traffic Value: $2,173.146 Portugal
12 like this post 0 people
05/10/2016 00:04
In what world does it makes sense to throw money away (aka dividends) when the company is still dealing with a lot of expenses and low results? 

For real, why is it so hard to understand that paying dividends is not a good decision? I don`t want them. I want the company to grow. I want those pennies invested into building products and improve our results.
cabyscorner
Traffic Value: $595.0487 United States
20 like this post 2 people
05/10/2016 02:49
well, good evening all, at least where i am at its evening.

i hope you all read this.

my thoughts are  since we all want to see this place grow and be successful, we need our reputation to grow in a good way. with that said. people invested into the ftq because they were told they would get a return on their money. i think for our reputation and integrity, that some kind of payment no mater how small is a good faith move.

the rps ,yes you all have good points, howerver again people bought them because they were told they would recieve something for them. so even a small distribution would help.

it really boils downt to trust in the site, correcct?  with out trust you will not gain new members. with out new members and investment, were stalled in our growth-- i do not know about you guys but i lost over 100 referrals, dead,gone because of the mistakes in the past. and trying to get new one for me is hard right now because of the trust issue-----you would be surprised how many people are just watching to see what happens!!

now understand this is not a complaint, just my point of view as i do read online and ,really its hard to find positives about this site and with all the hard work that marc and the team are doing i would hate to see it just go into the trash. they have done a tremendouse amount of work in the right directions.

and guys, its nice you have your algabra stle calculations, but the average person who reads the forum will just get overwheleme and in the end, it boils down to trust and belief in the site.

remember outsiders read this forum, some daily just to see whats going on and some want to invest but are waiting .

so hopfully, even if its 1-2 hundred dollars payed to ftq or 1-2 hundred dollars spread out to rps, its trust and faith on delivery of word!!  that my firends is worth more than any money spent on advertising!

good evening all, take care.
MichaelKline
Traffic Value: $960.97608 United States
7 like this post 0 people
05/10/2016 03:05
I can't recall a single statement that said there would NOT be any FTQ payments made for the month of October... so until Marc actually says so... can we dispense with all the rumors and assumptions?

Dividends... I'll wait for the FTQ to clear before I consider those a possibility, since the FTQ is meant to have a higher priority than dividends anyways. Plus doing both make both inadequate, so just finish the FTQ first.
Gizmo
Traffic Value: $54,219.84749 United States
12 like this post 1 people
05/10/2016 03:14
I totally agree with Caby plus alot more. I cant emphasize on how important to make customers feel thankful and worthy. It pains me that I see talks about how customers can not be rewarded for their investments if the company is not profitable. It may be understanding but what it does to us as a customer is deflate our trust and loyalism.  We as a customer know that the staffs are working hard behind the scene and trying so much. The problem is that I am thinking that Marc can not afford to be ceo of mtv that he has a back up business opportunity which is Lyoness to help him survive. That may be great but think about what that thought does to a loyal and generous customer like me ....I can sense it that when October 1st came, there was no fanfare..nothing.. Not even a message explaining why there was no dividend payment this month and not even any additional revenue from perfect money casino. My first thought was ok.. the current business model is not working and no one is making money... what is next.... that was when Slosumo came into picture... I feel like they are grasping for ways to make money by trying different avenues through trial and error method. It pains me since it costs money every time they give it a try. Many tries were not even enough to put a dent in revenue, now it is costing Marc's salary.. If MTV can;t afford Marc's salary then how can they afford to pay back ftq ? It is very scary picture and I am trying my best to think of the future that will make us rich and happy. Image is the problem right now and hence the reason why everyone is backing off to do a wait and see moment. but that takes a toll on mtv's psychology. Psychology of mtv at best is so dyfunctional that I see Slosumo as a sole survivor that Marc has already left to pursue Lyoness even He has committed to stick with MTV. I know your energy and  your willing power to make mtv awesome and healthy. We will stick behind you Marc and slosumo !
joe31800
Traffic Value: $6,016.01548 United States
4 like this post 0 people
05/10/2016 03:42
@Gizmo

Unfortunately, I fear you are correct, and we are no longer a priority. pouty

Sure hope I'm wrong.
bpc1234
Traffic Value: $62,710.15909 United States
4 like this post 1 people
05/10/2016 04:55
Yes/or no? 
To not mention FTQ/dividends and its Oct 5th is :
Professional or unprofessional  and scammish?

Yes/no?
No ads on friday and not a word? (regardless or them coming on monday)is:
Professional or unprofessional and scammish?
anony0078
Traffic Value: $1,236.16455 Finland
6 like this post 1 people
05/10/2016 05:00
I agree what cabyscorner said. Even a small return at a time is still a return and moves the FTQ forward (AND gives users the assurance that FTQ is legit/paying).


Could we maybe use the portfolio account's ref commissions for this. It looks like portfolio currently gets ~$40 - $50 per day(http://www.paidverts.com/top_earners.html). It's a small amount, but it's still something.
pixelrr
Traffic Value: $333.12927 Bangladesh
3 like this post 0 people
05/10/2016 05:28
It is 3rd Oct news. why there is no news about FTQ and Dividends? 
siddartha149
Traffic Value: $683.06885 India
25 like this post 0 people
05/10/2016 07:37
I agree with above comments about the news of FTQ and dividends. Pay the FTQ/dividends or not, but at least there should be news about it, on the first day of the month itself. Maybe admin is preparing for a more detailed news regarding these topics, but at least a mention of these topics could have been done on 1st October or then on 3rd October. We have full faith on the MTV administration that what ever they are doing is in best interest of all, but ignoring the FTQ/dividend topic is not a good sign. Most of the investors here want to know news regarding these topics and so our curiosity should not be crushed like this.
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