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12th Jul - Daily news

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hispanomc
Traffic Value: $9,334.85757 Spain
6 like this post 1 people
12/07/2015 14:54
Axiantor auctions are a GREAT idea. I do not know how could we lower the risk to the minimum (as much time as the auction lasts as easiear will be for mtv to collect enough bids to break even) but this idea must be studied and implemented!!!

BTW i love to see the "crowd power" Jo will be jealous if he is able to read this. We (the crowd) are having some great ideas. This is real crowdsourcing grin

earnforthat i guess he wants a personal reward... Maybe he does not think he is part of the crowd
register
Traffic Value: $3,456.01946 Belgium
1 like this post 1 people
12/07/2015 15:02
Create a BPO (Business Process Outsourcing) company or call center and put it in the Philippines wink
Axiantor
Traffic Value: $14,813.95087 Portugal
4 like this post 1 people
12/07/2015 15:04
MTV has a mathematician i believe and could clarify easily the model. Things would depend on amount of users per auction and the time for the winning bid to last. We could start with a couple of auctions per day a considerable time. And things could start on a experimented level with 5k/10k BAP per auction. The risk is minimum and potential is untalkable!

And as soon as this business has proved successful products it could try anything, i mean anything...
mriley
Traffic Value: $45,656.25089 United States
2 like this post 1 people
12/07/2015 15:05
@hispanomc

Not just an auction, but a "Penny Auction" as they're called. Totally different concept from say, an eBay type site.

I wrote more about it here: BAP Bids
mriley
Traffic Value: $45,656.25089 United States
5 like this post 1 people
12/07/2015 15:07
@Axiantor

Actually with implementing "Reserves" could eliminate any risk whatsoever. Just set the reserve price higher that the cost of the bids needed to get there and it's guaranteed income. You can't lose, the worst is the auction cancels and starts over in 12 hours or whatever you decide.
hispanomc
Traffic Value: $9,334.85757 Spain
0 like this post 1 people
12/07/2015 15:11
mriley

Yes yes, i understood it. Those auctions the bids that are not the highest one are not returned to the bidder, but part of the income, thats it, isnt it?
I did not know they had the name of "penny auctions" (indeed i had never heard about them) but i can see the potential they have.

Btw, in your last post you are proposing that if total bids do not reach the real value of the auctioned item the auction will just be declared as desert and no one will receive the item? thats it?
Axiantor
Traffic Value: $14,813.95087 Portugal
0 like this post 1 people
12/07/2015 15:27
Yes, i remember now there's such a reserve for risk cover. Just saw your post in December. Thanks for your contribution.
mriley
Traffic Value: $45,656.25089 United States
5 like this post 1 people
12/07/2015 15:42
You buy bids a set price, and each bid represents an increment of .01 higher in the auction. If you don't win, you lose the bids you've used on that auction. That is how the profit is nearly guaranteed. There is only one "winner". If you get 10 people each placing bids worth $3 on a $10 item, the winner gets a deal, 9 people lose $3, then you have to "pay" for your item in cash and MTV nets $30-$10  = $20 + $3 actual winning price of item = $23.  It's much more like gambling than an auction.
BitCoinCro
Traffic Value: $593.00493 Croatia (LOCAL Name: Hrvatska)
0 like this post 6 people
12/07/2015 16:05
first off all send ads each day
yasirxx
Traffic Value: $8,965.30221 India
0 like this post 1 people
12/07/2015 16:14
Can any one tell me where the revenues of games in BAPS are added/shown.
I cant seem to find it ermm
mriley
Traffic Value: $45,656.25089 United States
0 like this post 1 people
12/07/2015 16:20
here's the daily result summaries, but can't find the overall results, maybe someone else knows:

https://www.mytrafficvalue.com/bap_gameplay/2015-07-11.html
Axiantor
Traffic Value: $14,813.95087 Portugal
0 like this post 1 people
12/07/2015 16:25
That would be "Bap Games, BAP Consumed:" on statistics page
but looks like it's not running yet. Probably in the end of the month while refunds ads issue is over.
lemao08
Traffic Value: $169.03014 Brazil
1 like this post 1 people
12/07/2015 16:34
Daily results, total bets/total payouts, isn't it you are looking for?
mriley
Traffic Value: $45,656.25089 United States
0 like this post 1 people
12/07/2015 16:42
I think what they're looking for is the BAP equivalent of This. Shows each game's total winnings all time.
yasirxx
Traffic Value: $8,965.30221 India
0 like this post 0 people
12/07/2015 16:52
i wanted to see where the revenues of BAP games are getting added in daily results.
But i believe i see revenues from only the cash games in the daily result page.

Juz wanted to see how the BAP revenue from the games are getting added to the results
Axiantor
Traffic Value: $14,813.95087 Portugal
4 like this post 1 people
12/07/2015 16:56
BAP revenues reduce the BAP debt which makes paidverts more sustainable as it is a part of invested money which doesn't need to be invested in FT or buying shares.
yasirxx
Traffic Value: $8,965.30221 India
0 like this post 1 people
12/07/2015 17:08
Ohhh now i get it.
You mean that the revenue from BAP games does not get added in the daily result.
Rather it decreases the BAP debt, which makes sense .

Thanks Anxiantor smile
olddudesaja
Traffic Value: $3,769.02364 Norway
4 like this post 1 people
12/07/2015 17:12
I have several suggestions.(Been writhing since i woke up 5 hours ago. now i need some spell check before i post the rest)
Buy and sell gift card marked.
Yes there are several sites out there, that have earn good money on this consent. What we should do different. MTV  Don't buy any gift card. Rather let the members list their gift card for sale.
Example suggestion; If a other member want's this gift card. The member/buyer clicks on an option to buy this gift card, for 16$ that is 20 dollars wort. (or f.ex 160$, that 200 dollars wort)Then MTV buy's the gift card and resell it to the member/buyer that wanted the gift card
Seller gets 14 dollars MTV gets 2 dollars, that's 10 % profit on every sale of gift card, minus costs of having this feature. We don't want MTV to buy all gift cards and maybe not sell them all, have money tied up in some gift cards, that maybe wont be sold. Isn't the smartest move.

(Me f.ex. have 2x 20 dollars gift card on amazon, that i had there the last 2 years. ( I would sell  it for 30$ the 40$ wort gift card, if i had the chance) And more to come for writhing revues, and traveling with hostelworld.com (I live more on hostel around the world then my own country, been traveling 4 years now)
druth8x
Traffic Value: $22,417.44153 United States
1 like this post 1 people
12/07/2015 17:16
Penny Auctions:

Are we forced to buy the "$10" item for $13"?

As lose bids totaled $3 and item costs $10.

I thought you could chose not to and hope that your next "$3" total for the next "$10", puts you ahead.

If so, I'm not sure why I'd risk it, someone is bound to beat me the last second (I'm not that lucky).

Unless, the $10 item is actually worth $13.

If that was the case, many people would stop at $3, while hoping for lower, but others would gamble and try to get it for under $13.
Crimson
Traffic Value: $1,850.32389 Romania
2 like this post 1 people
12/07/2015 17:23
Didn;t read everyones suggestions but i have some realistic goals:put once and for all a decent captcha.get microjobs since its easy to do and it will bring extra revenue.
Also,what do you think about a cloud storage facility?That could make us some nice revenues.
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