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30th October - Daily News

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Jo
Traffic Value: $8,649,585.93592 Spain
33 like this post 0 people
30/10/2014 14:03
Todays fast tracks have been sent!

* Reminder *
If you find a security exploit within MTV/PV, and you tell us about it (without first trying to cashout/spend your illgotten gains - we'll give you a $100 cash finders fee!


There was some downtime at the end of the server day last night, as the programmers are working on partitioning one section of the database. As there are a few queries that are scanning a table with 100million+ rows; and it takes forever! 3-4minutes! So that's obviously a major drain on server resources if one user can occupy an entire server core for all that time. Meanwhile the other 500-1000 requests per second are bottlenecked between the remaining cores.

That process, along with our new database server installation will likely continue this evening. So around the end of the server day +/- an hour, expect another hour or two of downtime for maintenance / transitioning to our upgraded DB server.

I'm talking with iweb at the moment to firstly consolidate our billing; as currently they bill every server separately. And it's a bit of a pain having 7-8 bills a month... And when we consolidate that; I'll try and get them to work in a bulk discount... And also i'm trying to make an arrangement with them, to install new hardware more quickly. As currently it takes 4-7days to upgrade our hardware; as they waste a bunch of time with contracts, red tape, and payment before even beginning installation. And that's no good! We need to upgrade real fast if the site is under heavy traffic - we'll worry about the paperwork afterwards. So i'll see what they say about that.

I forgot to mention the other day, that Carlos finally got our SSL certificate changed to the correct name. So that looks way better... And we seem to have picked the most anal of all SSL companies; they take the verification to epic proportions; they have so many requirements it's unbeleivable. But we've jumped through all those hoops, and that's that!

Next we're working on additional payment processors, and Carlos is looking into opening more bank accounts. And we may have a solution for an account in the US... But it's early days with that, we'll see how it goes!

Also, Carlos is getting real chummy with our PayPal account manager. They might remove or substantially decrease our rolling reserve & other fees soon... Which could be interesting, as it'll unlock a huge block of capital that we can then put into a bank account; and potentially use as leverage to open a merchant account. Which may then facilitate credit card deposits / cashouts... But again, early days there - but the potential is interesting... As we grow a bit more, and sit on more and more assets - it'll definitely open doors for us. So that'll be interesting.

Todays PV Ad Issue:
2,250,000+ bulk ad campaigns sold to date
+$18,079.64 additional banner impressions
+$2,084.82 cheap traffic ad campaigns
+$3,978.00+ solvemedia captcha revenues

BAP Group …........ Percent (x100) …........ Dollar Value …......... Participants …......... Ads Per User

100 to 1599 …............... 0 …............... 0 …............... 10785 …............... 0
1600 to 12000 …............... 0.04 …............... 800 …............... 5849 …............... 0.1367755172
12000 to 24000 …............... 0.0275 …............... 550 …............... 2259 …............... 0.2434705622
24k to 48k …............... 0.05 …............... 1000 …............... 2061 …............... 0.4852013586
48k to 96k …............... 0.07 …............... 1400 …............... 1734 …............... 0.8073817762
96k to 180k …............... 0.085 …............... 1700 …............... 1373 …............... 1.2381646031
180k to 360k …............... 0.09 …............... 1800 …............... 1003 …............... 1.7946161515
360k to 720k …............... 0.0775 …............... 1550 …............... 624 …............... 2.483974359
720k to 1.5m …............... 0.0875 …............... 1750 …............... 365 …............... 4.7945205479
1.5m to 3m …............... 0.1 …............... 2000 …............... 216 …............... 9.2592592593
3m to 6m …............... 0.09 …............... 1800 …............... 95 …............... 18.9473684211
6m to 20m …............... 0.105 …............... 2100 …............... 58 …............... 36.2068965517
20m+ …............... 0.075 …............... 1500 …............... 14 …............... 107.1428571429
50m+ …............... 0.0725 …............... 1450 …............... 6 …............... 241.6666666667
100m+ …............... 0.03 …............... 600 …............... 1 …............... 600

* I was playing with the distribution percentages today trying to get an even curve for the top groups. It'll change again tomorrow (or Sunday); as i'm pretty sure one of the 50's will jump up to 100m.

Oh, and i've seen the first working demo of our new login process. We're just building the PV version, and then we'll put both of those live at the same time.

Jo smile
MisterGreen
Traffic Value: $22,303.8091 Netherlands
1 like this post 0 people
30/10/2014 14:06
Good news and fun to read too smile
Rubenja
Traffic Value: $3,036.0835 Spain
0 like this post 4 people
30/10/2014 14:07
Uhmm Not big ads Jo tongue Dont be bad with us hahah
boyjack
Traffic Value: $8,225.67952 India
1 like this post 0 people
30/10/2014 14:09
Jo, any news about Neteller?
MikeMazzone
Traffic Value: $1,181,925.44366 United States
19 like this post 0 people
30/10/2014 14:09
I'll have a friend at the top tomorrow, he'll be seeing ads each day like this too.

aadheen2010
Traffic Value: $1,574.99202 Pakistan
0 like this post 0 people
30/10/2014 14:12
Interesting news about futurecool Jo; Dont u think western union min limit 750 is too much.....May be 500 good to goermm
Jo
Traffic Value: $8,649,585.93592 Spain
2 like this post 0 people
30/10/2014 14:14
We're phasing out Western Union. It's not an option to use at scale; and it's a pain in the butt to use even for one transaction.
Gizmo
Traffic Value: $54,219.84749 United States
0 like this post 1 people
30/10/2014 14:15
Jo,

  If a bank account is opened in USA, Can you tell us which Bank you will be using ? This could be tremendous for usa member using bankwire! I hope you picked either top 2 usa banks which is Citi and Bank of America as I have accounts in both of them. ! wishful thinking angel
aadheen2010
Traffic Value: $1,574.99202 Pakistan
0 like this post 0 people
30/10/2014 14:16
Bank of America hehehehe Me account holdertongue
golijat
Traffic Value: $525.45188 Serbia
0 like this post 0 people
30/10/2014 14:16
 wait for new processors with great desire payment processors so that the role of my little fortune in the program thank you Jo only new and new things are made new and new arrivals...wub
mrphamcuong
Traffic Value: $117.56965 Viet Nam
0 like this post 0 people
30/10/2014 14:22
good profit!
Jo
Traffic Value: $8,649,585.93592 Spain
2 like this post 0 people
30/10/2014 14:22
No idea at the moment... all I know is that its real expensive to use (Regular bank fees + 5% per transaction - but we'll absorb the fees via dev funding), and it's not a virtual account. It can receive national (US) transfers via ABA, or international via SWIFT.

But apparently its virtually impossible for a foreigner to open a bank account in the USA. So this might be our only option.

Carlos is looking into it. We'll see how it evolves - but expanding our payment methods is his sole task right now.
Panjialam26
Traffic Value: $86.81511 Indonesia
0 like this post 0 people
30/10/2014 14:23
Dear JO

I have reported a security exploit on PV
please check it
Support Ticket: #27600
tjtan0929
Traffic Value: $203,540.80977 Malaysia
0 like this post 0 people
30/10/2014 14:29
it is perfect if we can speed up the progress of product buildingsurprised
daniel04280
Traffic Value: $2,218.90192 Korea Republic of
0 like this post 0 people
30/10/2014 14:30
@Jo

Will Korean bank accounts will be allowed to deposit?
How do you deposit?
Darknit
Traffic Value: $3,211.07643 Sri Lanka
4 like this post 0 people
30/10/2014 14:33
please consider installing Skrill first, since it supports almost all countries & it offers both prepaid cards(only to certain countries) and bank transfers(to all supported countries).
adxm123
Traffic Value: $239.31754 Slovenia
0 like this post 0 people
30/10/2014 14:34
Jo, are there any new news about skrill and neteller?
Torino1906FC
Traffic Value: $831.92378 Bulgaria
0 like this post 0 people
30/10/2014 14:38
Good news happy
shaheen19
Traffic Value: $294.60488 Philippines
0 like this post 0 people
30/10/2014 14:42
g3 no add today.....
xabo1986
Traffic Value: $225.53442 Norway
1 like this post 0 people
30/10/2014 14:46
What about neteller?
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