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February 20th - News

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dguy
Traffic Value: $15,993.01608 Canada
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23/02/2019 13:34
I guess one cool benefit will be the ability to cash out funds in one site, transfer it to the other so as to pool funds and climb levels faster
dguy
Traffic Value: $15,993.01608 Canada
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23/02/2019 18:11
and in future tutorials, you could actually suggest that strategy which would be a great way to cross-refer members into the opposite site
druth8x
Traffic Value: $22,417.44153 United States
2 like this post 0 people
23/02/2019 19:34
Can the fee to transfer funds be lower aka like no MTV cut and even volatility cut from BTC?

I have funds on MTV but everytime I cashout to BitCoin (the only method PTCShare wil have for me, well LiteCoin, but then I'd have to get one of those accounts or does Coinbase have that as well?), the fee makes me cringe so much as if the money I put in only went through a couple share cycles, I'd still lose out thus not worth transfering over to PTCShare.

Also, I have $490 in EasyHits4u, but since PayPal is long gone, it's stuck until I can find someone with an STP account. I wonder if MTV would like to get that STP money directly, and in turn credit me that amount (less fees and a reasonable time out of their day fee)?

___

About BAP to cash rate changes (or was this a seperate question):
I was under the impression that post was actually refering to Removing Tiers alltogether.
Most People Maintain ~10% higher than their current Tier as anything more is just a waste.
Might as well cash the rest out and try other sites and hope to get enough to come back and get to the next tier. Also, due to low earnings, they could just cash the profit out and forget about rising to the next tier and just spend it on life expenses.
Whereas with no tiers, the long term members will constantly be rebuying BAP ASAP as any more BAP would get more profit for the member.
The site ofc would have a lot more constant cycling as well, and since it's money that is accounted for, that is a wonderful thing.

I don't think it would be too hard to program divide Ad Issue by Active BAP. The main issue is you want to maintain ~23 ads per Ad Issue (though we still way over deliver) so as to make sure ads are viewed in a timely enough matter as well as Banners. But if somehow you are able deliver to those with 0 BAP (not 1, or 22, but 0) then you should be able to figure out some way.
dguy
Traffic Value: $15,993.01608 Canada
4 like this post 0 people
24/02/2019 07:49
OH YEAH BABY!

That's the way!

https://www.paidverts.com/general_charts.html
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
6 like this post 0 people
24/02/2019 10:04
Wow! We're gaining new and active users like crazy. This really might be because of PtcShare.
Or some user is referring like crazy, but I haven't got the data to prove it just yet.
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
10 like this post 0 people
24/02/2019 11:05
I've just funded the new project funding with nearly $10k.
slosumo - Administrator
Traffic Value: $28,438.4426 Slovenia
10 like this post 0 people
24/02/2019 12:32
Giving out ad issues per BAP ratio is not really viable, as it would result in all the lower groups to earn practically nothing, and also changing pretty much nothing for the top groups.

Just some rough calculations I did on current numbers:
Group 1600+ BAP wouldn't even earn $0.001 on that sort of distribution. 100+ BAP group wouldn't earn even $0.0001!

Moreover, groups 12000 & 24000 would earn half of what they do now. Groups 48k-720k would only earn 8-18% more.
Groups 1.5m-6m would only earn 20% more
And naturally, the last two high end groups, would earn up to 400% more.


So switching to a pure % based share would effectively kill 85% of our userbase's experience, which is already on a minimal earnings potential to make it even worth it for them, and it wouldn't even result in the rest of the higher group members to earn significantly more. Meaning we'd almost surely lose majority of our userbase activity and with that a huge portion of our advertising value appeal.


The groups have to be skewed in favour towards the lower groups, as otherwise this becomes unsustainable and completely worthless for 85%+ of our members.

While I agree a % share would result in more compounding value, but with that also lose the benefit of going/buying to the next group, to reach/unlock a new higher tier of earnings, which convinces more users to buy towards that.

If anything, we should be looking into skewing distribution towards the lower groups slightly more, in order to show them the value of climbing through the groups, resulting in a bigger conversion to purchasers/long time members. As right now, the groups 12-48k earn pretty much the same so it's not really worth jumping towards those next few groups. This would be much more healthy for the system, and overall generate better retention, more users, sales, offerwalls completed,... and ultimately earnings for everyone.

Even though on a pure % earnings base it would reduce the % of ad issue sent to the higher groups.
jordy186
Traffic Value: $868.5955 Netherlands
0 like this post 0 people
24/02/2019 13:07
@slosumo

Can you concider adding PTCwall to the cashoffers ?
It seems for me the only cash offer site that does give me some working surveys daily
Ajay0000
Traffic Value: $6,068.9465 India
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24/02/2019 16:46
some data now about why paidverts users are growing?
druth8x
Traffic Value: $22,417.44153 United States
1 like this post 0 people
24/02/2019 19:02
Thanks Andraz.

They were just asking if math could be done to see what would happen.

And, yes, with that math, I fully agree with you.
dguy
Traffic Value: $15,993.01608 Canada
0 like this post 0 people
24/02/2019 20:06
It's funny because, with paidverts, you have the option of using the BAP market to increase your BAPs at a faster rate. With the new site, we will not have the option so it will force people to put their money back into BAP advertising which should compound things faster. Unless you cash out (which can be expensive), you have few options. I don't mind buying bulk ads and advertising my sites but they are not the best use of my dollars. At ptcs, they will be so that will help the site
MisterDD
Traffic Value: $7,429.94412 Croatia (LOCAL Name: Hrvatska)
0 like this post 0 people
24/02/2019 20:17
Congrats, happy to hear news about new project, including better and sustainable method.

No doubt it will be great, I see some improvements that are close to mine idea/s, but STILL this is not even near to what I presented to you guys, its sometimes better to listen someone who listened other people (as I did for years) and tried and tested something revolutionary based on things that people didnt like on current systems, so I worked so long until I removed all elements that make debt in current industry. But I respect road of every person and company. Still I have some things in my head that I will not share, but dont feel any grudge either. Honesty is sometimes key, after Jo, few times I didnt get it here. Including when staff of MTV contacted me about my ideas, to hear them out, but never to reply later, or even pay (but I would rather not talk about second part, history is history)....... But what was that? Just collecting info? Any way as Carlos once told, I dont feel grudge, but honesty is sometimes key, and trust. I would also add, I aint stupid person either. I learned in life to who you can trust, and I saw plenty of things and clues where to end some convo even with people in who I trusted before.

If you guys were not so selfconfident, things would be even better, but since I believe in Paidverts, there is no doubt to believe in this project too. I still think some things will limit it, but I am happy that you guys made good progress and work to make it even more sustainable. Every person and company has own path and if you guys believe in it, there is only desire to wish you guys all best wishes and lot of success.

Wish you people all the best.

DD
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
9 like this post 0 people
24/02/2019 21:53
I've read 2 pages of your 80 page document, it was presented in a dull method.
I got distracted with other stuff to do, then never got back to it.
I didn't copy a single thing from your document as I genuinely can't comprehend any of it/nor did I even get to the part where you started explaining the business.
If you actually want anyone to take your business idea seriously, you have to work on your writing and also it really doesn't help if you present it while saying "But I've kept the good stuff for myself".
The only reason I asked for your idea was because you kept bringing and hyping it up.
But since you came here from time to time to tear us down for no reason, I no longer felt interested to look into it.
I'm a busy man.. If I have to read a 80 page document it better have all the good stuff in it and it should be intriguing from the get go.

I didn't want to respond as you obviously feel like it is life changing and I didn't wish to crush you.
But since you keep bringing it up and I forgot your contact on facebook, you're leaving me no other choice but to respond here.

If you believe your business is as good as you think it is, simply get the funding for it and go for it.
A good idea is only worth something if it's in the right hands.
druth8x
Traffic Value: $22,417.44153 United States
0 like this post 0 people
25/02/2019 05:10
True, no BAP Market.

Which, yeah with cashout fees I will have it sitting in there until I profit enough to reach the next level.

Also,
I've left the online earning industry, so I really have nothing to advertise.

I could advertise PV at PTCShare, but can non advertisers have some other option?

I mean, I'd take 50 BAP extra per BA, and you can not have the clicks/views taken up on my end?
I agree not worth selling our clicks/views to the highest bidder as then real advertisers would not buy the other options. The extra BAP can't be much, due to sustainablity issues. But, so many have nothing to advertise, so besides the better rate at the Marketplace, it was just better to use that to acquire BAP.

Also, is the Marketplace not being added simply due to the hope more people advertise? I thought the Marketplace was actually a net good as it reduces BAP debt. I'm not in the mood to reread it, but besides Advertising with your BAP Balance, is the only way to convert your BAP to Cash is through ads? Meaning, there is no option to bail on the site, even for pennies on the dollar? Meaning, if someone buys $100 worth of BAP, but in 2 weeks decides that this is not for them, they'd rather have $50 and go elsewhere, they can't? I think a big selling point of PV is that your money isn't trapped. I know you got advertising for the $100, but $100 would be better spent on other ad options in the site than BA. I wonder if you can allow for a manual convert back to cash, but limit it to just the once. If they come back in 9 months to test the waters again, maybe they can back out again. But ofc, don't want to do this often. It could even just be a button that only shows up in a new account after 2 weeks.
dguy
Traffic Value: $15,993.01608 Canada
0 like this post 0 people
25/02/2019 05:46
If we let people cash out at a discount, say 20% or so that is still a win for us. I wonder if that could be gamed somehow?
jordy186
Traffic Value: $868.5955 Netherlands
1 like this post 0 people
25/02/2019 06:12
Also for the games if you win a big prize you would like to convert the BAP to cash so i guess we need an option to get it exchanged somehow. Maybe building in a converting tool using the MTV market prices would do it. It could be even directly copied from PV as well
totoer008
Traffic Value: $1,804.70567 France
0 like this post 0 people
25/02/2019 08:40
I think the best is to make a fixed rate. If I have 2000 BAPS I can exchange instead getting 1 dollar, I get 0,80 cents or less (I think the limit should be at 0,5 cents though). And of course you can't do the other way around. Seems simple and easy to implement. Thoughts?
vicura
Traffic Value: $4,969.3683 Spain
5 like this post 0 people
25/02/2019 09:29
One of the problems I see why people are not investing that much are fees. I would consider investing 500$ or 1000$ if fees on deposits and cashout were way lower,but if I want to invest that to get 30% but first I have to get btc/ltc and lose comission there, + deposit fee on MTV plus cashout fee from MTV + converting LTC/BTC to euros, that 30% would go to about10%. If there were other methods without that much comissions, Im sure people would put more money in mtv (are least medium-big investors).

It's just too painful to see that you pay 200$ out of 1500$ just in fees...
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
2 like this post 0 people
25/02/2019 10:10
But you can cash out ltc at 4%, then exchange ltc to euro at bitstamp for 0.25%?
During the past year all crypto's lost 95%+ (Except for btc, which lost 84%).
We have had a really hard time to keep daily cashouts going while we still lost quite some money on those cashouts, no matter the fee.
Especially with btc which suddenly cost $10-$20 to send a transaction for a few months during 2017-2018..

Fees are simply there to try and remain liquid, but LTC is currently by far our easiest and cheapest method to use.
jordy186
Traffic Value: $868.5955 Netherlands
0 like this post 0 people
25/02/2019 11:51
wouldnt it be somehow possible to also add Faucethub as a cashout method ?
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