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22nd January - News

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roidz
Traffic Value: $24,334.30701 Italy
43 like this post 1 people
22/01/2017 09:42
1)

In the first part, i read this:

We'll leave the hype to ponzi's.
hype is creating unrealistic expectations that you know you can't make up for, basically fooling your investors.
You'll lose credibility over time if you keep promising unrealistic returns of 20x in a year or so.



In the second part i read this:



Perhaps your 0.027 bitcoin donation turns into 144.792 bitcoins per month!


I think mtv should have an idea and keep it, without contradictions otherwise it will continue to lose credibility.



2)

Basically mtv is creating a 2nd "Zarfund" , where firsts users earn, and unlucky users lose.

Personally i like this kind of site out of here ( i made some good money already on it ) , but not on mtv. If you want that mtv is considered a serious site, i think you should avoid this kind of site where people can lose all money.

But this last one is just my opinion, feel free to disagree. I could be wrong and you can earn 150btc/monthly, who know.
Uganka
Traffic Value: $3,117.03585 Slovenia
3 like this post 0 people
22/01/2017 10:07
so where is the earnings for mtv here? Is mtv going to be the first account, and that will make us the revenue?
Vixthra
Traffic Value: $2,179.00664 Slovenia
19 like this post 0 people
22/01/2017 10:13
Em... Am I missing something here?

With all the reflection on the past year (or two), where we were, where we want to go and how we want to get there...

We decided to make a pyramid??
rajaconsult
Traffic Value: $11,069.20771 Germany
1 like this post 3 people
22/01/2017 10:15
I think we need no Projectmanager, we need a Communication Manager...
LVjanse
Traffic Value: $7,449.66883 Netherlands
19 like this post 0 people
22/01/2017 11:19
Maybe it's an idea, to make the existing products that we have(and in particular the gambling specific products like PBG, PPMG) more profitable, by aiming on the Asian market(read China). 

Now the Chinese like to gamble more than everybody else and there's a lot of competition in the online casino/gambling market, but if we manage to make a couple of succesful marketing campaigns I think there's a good chance that we can increase the MTV revenue stream tremendously. 

Bitcoin is going change the financial world in a revolutionary way that has never been experienced before. In this perspective it's absolutely right that MTV has developed a bitcoin casino and bitcoin related products and I strongly believe that we haven't even reached 0.0001 percent of the revenue capability that these products can generate. 

Enough to be excited about and I'd really like to see a translator doing his work, translate the gambling sites into standard Mandarin, get a reach of 1.3 billion people via SEO on Baidu and let's get this thing rolling.
jpla1991
Traffic Value: $773.5176 Portugal
17 like this post 0 people
22/01/2017 11:48
I liked the general tone of Marc's announcement and felt excited with the times that are coming ahead, even if dividends and FTQ payments are a long way. It was an immense pain in the butt to finally make PV sustainable, of course that lots of the blame was from Jo, but still we had to swap a few times until we got where we are today: a point where we can confidently invest our money and be sure that even if it takes a while, we will get profits.

This Bitcoin-matrix that you are talking about, maybe it's just me that never got the hang of those new schemes, but by your description, it made me feel a lot like a new Ponzi coming. Personally, I don't like the idea, I believe we should be focusing more on the all-payment processor casino, but make them compete with the big ones, like William Hill, Bet-Clic and so on. 

Whatever it is you guys choose to do, I hope you're not only seeing the profits. Remember that MTV is one of the few (if not the only) beacon of hope for seriousness and trust in online businesses. I hope you don't throw all that faith that took you years to get from users because of a pyramid program.
pietro80
Traffic Value: $8,897.67057 Italy
11 like this post 0 people
22/01/2017 12:13
i feel pretty confused, what is the real product in this bitcoin matrix, isn't that a ponzi?
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
15 like this post 12 people
22/01/2017 13:12
@Roidz: You are actually right this time, it is somewhat contradicting.. Writing this news was extremely hard.
But you're still taking my words out of context.

As I made it clear that with the products we normally build we don't promise 20x returns as they're unrealistic, whereas with a multi level marketing-project, it is far from unrealistic.

I don't like building these kind of programs, you all know that or we would have built that revenue share that you've been requesting a long time ago.
We don't want to build a scam, or something unsustainable.

But in this case it's simply a multi level marketing/gambling game and there's a lot of demand for it on the market.
If people don't profit, it's on themselves, not on the platform. In this case the platform is simply a middle man.

It took me 2 months to decide that it was worth a shot and as my management agreed that this is highly in demand and not to be referred to as a scam, we will give it a shot.

We've ignored what the online market wants all along.
We built a name for ourselves, every online earner knows who we are.
If we launch a MLM and MTV can reap big rewards from it for a while, pay off the bills and fast track queue and get new traffic, I think it's really worth it.

But an unsustainable revenue share or an outright hyip labeled with an MTV stamp will never see the light of day.

But as I wrote in my first post.. If it can be labeled a scam, it doesn't feel right.
This one I don't enjoy building that much either.. But it can work for us and after about 4-6 months it will probably lose its popularity but it will have done the job for us, i'm quite sure.
But just so you know: We're not wasting any time on this that we could be using elsewhere.
We're using an external programmer while the rest continues working on what they were working on already.

--

The business model for MTV is quite easy to explain.
There's an admin account on top which will receive all the donations of the members joining first who upgrade to level 2-6.
After a while, when some people stop upgrading in the 2nd,3rd, 4th month, more donations will go up to MTV.

The 2nd method is by selling banners on the platform.
Banners on bitcoin-related platforms are extremely popular and we're not aiming to sell a top banner spot for any lower than $100/day.

By donating to your up line you will get some ad credits, which you can use for a log in spot, this will attract advertisers as well.

3rd we will get a lot of new members that don't use BMF, PBG or Sumo Roll yet, cross referring by using unsold banner spots and log in ads will increase the traffic and value of our other products.

4th, Brian will be working on making the log in ad available for purchase as well.
Log in ads are the most effective method of advertising and worth a lot of money.
Mihailoo
Traffic Value: $1,020.25923 Serbia
16 like this post 0 people
22/01/2017 13:32
I'm sorry to have to say this, but I also don't like the new 'business' idea.

If I saw this when first checking out MTV, I would just continue looking elsewhere.

I know that company needs the money, but this is not the way, in my opinion.

Even if you say this is not a HYIP, or sc@m, all the others who are sc@mming people are saying the same thing, and we're just making ourselves the same as they are.

Rather sit and think how to make money in a different way (maybe making CE evolved play with real money, getting the advertisers for it or anything else than making a matrix or a revshare).
bozof
Traffic Value: $29,464.72207 Slovenia
9 like this post 9 people
22/01/2017 13:35
Personally I do not like FBG being part of that kind of business. 

There is something else.. Everyrthing what Marc does ends up as good. Same it was with freemium games, mostly we were complaining but now it will probly ends up as a good revenue maker. So i do support M2M even if i do not like it grin I would call that trust in management! grin
siddartha149
Traffic Value: $683.06885 India
23 like this post 0 people
22/01/2017 13:43
Matrix always goes over my head. I would have happily invested in a revshare, knowing that if I am early, I can profit. But matrix is based more on your referring skills. Not my cup of tea.
Personally speaking MTV should not come under any pressure. After a while this matrix will dry out and become a dark spot on MTV's hard earned good reputation.
No matter how much we say that platform is not responsible for the losses, success is dependent on the matrix member, but still it will end, making the last row of joiners turn away from MTV.
We are already going good, a bit slow, but good. Matrix will surely reverse the pace after it's end.
dragonx996
Traffic Value: $13,804.15918 Singapore
12 like this post 0 people
22/01/2017 14:16
matrix? lol
why not build something which is more solid like Social Network Advertising platform OR build a Online Store/App that something like consumer to consumer marketplace for buying and selling new and secondhand goods? etc. Which is better in the long run for MTV.
HomerSimpson
Traffic Value: $9,308.60765 Germany
21 like this post 0 people
22/01/2017 16:39
I can only agree with roidz 
this all is a paradox to me and I see it very critical,
even if it could bring in the short term some good money and advertisement.

But there is also some other point which no one mentioned by now:
the legal aspect

Because de facto, it will be just a snowball system
and for my knowledge, there is no country where it is legal to operate a snowball system....

As much I understood, one of the goals, not only in the last months, was also to make FBG more legal,
but wouldn't this be a turnaround
and additional could bring FBG into legal problems?
gugakip
Traffic Value: $739.34329 Belgium
0 like this post 1 people
22/01/2017 17:19
@HomerSimpson,

hmmm, I asked Marc if it was legal as well. About your concern of making MTV legal: This won't have an influence in my opinion. We can always stop this thing, sell it or just take it offline after a certain period of time. Then we have nothing to do with it anymore and we can still become legal. 

I'm not a fan myself either, but it seems like no one is a big supporter. It's just a good way to earn from the current trend/hype in the online earnings industry. If it can earn us some decent money and if we tell in advance that it is a gambling thing and that not everyone can make his money back, we're being honest. If we say: you invest and can earn your money back by referring others, we're not saying that everyone will profit. That's very important imo. 
druth8x
Traffic Value: $22,417.44153 United States
7 like this post 0 people
22/01/2017 17:35
I think, if, on the main page, you market it as an MLM game, and remind everyone only donate what you can afford to lose*, you could go a long ways to turn these doubters into believers.

I** don't see anyone being honest upfront about what is being offered, even if 99% of the players know that it is just a first come, first serve game, that will eventually dry up.

Sc@m, and business with a max life of saturation (even if you were able to reach all 7.5BIL people) that guarantees those last to join, at min, will be donating with no hope of return are in essence the same thing. We all know that an FBG product is not an outright sc@m, that will run away with our money/ the money of just the late comers. Which is why the key is to be honest. In fact, displaying the launch date, and members joined all time/past month/past week/past day, will help in the honesty. I'm not sure if it will hasten the end, but whatever is best to make sure users don't feel sc@mmed, is what is crucial. And, if done right, we could start all over again.


I'm happy to find out that you at least offer something for the donation. Probably most will be advertising other MLM/Matrix/HYIP programs, many of which won't be upfront/may be well past their sell by date etc. Still, by offering something, then that gives the opportunity for the donation to be worth it, if advertising something that those viewers take advantage of.


*At ~$25USD, that is low enough for most of the online world, that it can fit most everyone's discretionary budget, or at least only be forced to eat "rice and beans" instead of "bread and chicken" to make up the difference. It is also too high for those really desperate to make it big, to scrape up the money.

**Granted, I don't actually pay attention to any of these sites anymore, as it's not a sustainable business model and I don't really want to be part of perpetuating it.
jordy186
Traffic Value: $868.5955 Netherlands
3 like this post 1 people
22/01/2017 18:04
if i am able to get into a good spot below marc then i will definately buy in and hope to be lucky for once in my life, even if it only lasts a few months i might be able to profit from it.

I have never went into this kind of business because  i have never trusted it and always lost money on hyips but if i know MTV is the mothercompany and the buy in is only about 25$ i will just give it a try. If i lose out then i know at least MTV will somehow profit a bit from it for me being there smile
siddartha149
Traffic Value: $683.06885 India
13 like this post 0 people
22/01/2017 18:14
@druth8x I agree with your point of posting "invest only what you can afford to lose". But I think all HYIP/ponzi sites post these things in their FAQ. Like, "we don't guarantee returns" or so. But we still hate them after they go sc@m, and avoid those admins, similar url, designs again. So how will be it different for MTV? No matter if MTV involves directly or indirectly, but once the matrix get over, MTV will be held responsible. Monitor listings will start showing MTV sc@m again, and brand value will fall.

Marc said, "As with every business it won't be possible for everyone to win". But I guess MTV has already proved this statement wrong, by project funding page, where all investors can win, if the project is successful.



Think again, what is more important: MTV brand value, which promises steady growth over time or quick money via matrix, which promises fall in MTV brand value.
rajaconsult
Traffic Value: $11,069.20771 Germany
12 like this post 0 people
22/01/2017 18:15
If there is only a handfull of people who lose money, you have not enough money to buy back the lost reputation!

"If people don't profit, it's on themselves, not on the platform."


Do you really think that someone will remember when he has lost money?
mriley
Traffic Value: $45,656.25089 United States
2 like this post 0 people
22/01/2017 18:24
Marc--

It's not a bad idea (the matrix idea)--but one that I think will ultimately fail--if only for the presence of a subscription based model. I've been in and out of a half dozen of these things and they always end the same. Either make it a yearly subscription or one-time or it will crash. Those at the top feed off of those at the bottom--plain and simple--and someone is always at the bottom.

I just posted in the monitor thread (the newest listing) a program that puts a twist on this traditional matrix and actually spreads people around--your own referrals don't even follow you. It is a unique self compounding matrix that eliminates subscriptions and generates new positions automatically.

It would be a much "friendlier" model for MTV to pursue--plus it has a huge philanthropic side to it--which is always a welcome change!

My 2 cents...

--Mark
totoer008
Traffic Value: $1,804.70567 France
4 like this post 3 people
22/01/2017 18:56
Make a secret matrix, don't associate it with MTV/PV, don't tell anybody, reap benefits. Done. We got hack for 8k or 5k once on BMF, let's get it back. Nothing is white or black and it is in demand and it would be difficult to pass away. By the way Marc says it is like a gambling website so people will not they may not win. We don't make fuss about gambling do we ? So let's launch what brings money. I approuve Marc's Idea
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