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June 14th - News

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MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
44 like this post 0 people
14/06/2017 21:02
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Hello!

I am currently in Poland after going to Slovenia last week.
I went to Slovenia to work on a number of projects with Andraz and Rok, to meet a new team member and for a yearly team meeting.
I then took Andraz and Rok to Poland so the 2 teams could meet one another.
We have seen the back office of Mymatrix, given our input and tested a few stages of the code.
The real testing will start in a few days, but as of now everything looks pretty good (Locally).

We have also been working on a number of longer term strategies, which will positively influence our performance in a number of fields.

Very soon we are forced to be making a number of changes to the fee structure of bitcoin cash outs, but we instantly present you a solution to this problem.

Bitcoin cashouts will have an added $1 fee for every cash out, as we currently lose a lot of money on our cash outs, especially on the smaller ones.
This will be implemented on MTV, PV, BMF and possibly PBG (PBG we are yet to discuss as it is different from the rest, we might just increase the minimum amount to cash out or leave it as is)

This will make bitcoin a very unattractive pair to use for cash outs for smaller users on mtv and pv, for which we have a number of solutions.

We will be adding Litecoin and Ethereum as deposit and cash out options for both of the websites.
You are then allowed to transfer your bitcoin balance to ethereum/litecoin by writing a support ticket.
Litecoin is currently by far the quickest and cheapest option to use, but ethereum is adopted and accepted by a lot of people and is still a better option than bitcoin currently.
We will combine these changes all at once so you will never be forced to pay the higher fees in bitcoin.

MyMatrix will not allow transfers with low fees either, as they can take up to a few days or never arrive at all, more information about that as soon as we come up with a full plan.

Our current short term roadmap that offers you possibilities to earn money is the following:

-MyMatrix
-MyMatrix should create an inflow of new members and funds, which will affect us in multiple ways (Results, RP prices, traffic)
-On my own facebook page I am offering methods to earn money through crypto currency trading

I am currently working on a few things on the side to personally earn enough money to pay off the fast track queue out of my own pocket.
It is very important for me to pay it off as soon as possible, even if I have to personally come up with the cash to speed things up.
I don't have any time frame, but consider it an additional option to pay off the fast track queue in the future.

I also want to make an update about the crypto currency fund.
I will repay everyone the full 100% on the predetermined date.
But, the profits might be paid a little bit later as I have been holding a bad pair with a big part of the portfolio and it might need a little more time to mature.
It will only be to make sure you get a good profit out of it.
But the full repayment of your base capital will happen as we agreed upon before.

It was just 1 wrong move I made, which then got affected by the poloniex ddos attacks, bitcoin segwit and more..
A pair I was sure would triple, but those black swan events destroyed its run, while I was holding a very big part of our portfolio there.

If you will be content about the profits, I will open a new crowdfunding campaign, with a bigger limit.

--

We apologize for the missing ad issues, it was due to Andraz traveling with me/lack of time during the meetings with the polish team.
To make it up we sent an ad issue of 3x the regular size today.
bigbadmoose
Traffic Value: $520.60691 United States
7 like this post 0 people
14/06/2017 21:43
You all be safe traveling. I can deal with the wait on profits for the crypto currency fund. Is the new crowdfunding campaign coming after the repayment on the current one. I like the idea of adding more alt coins to the deposit/withdrawal menu. Got one question though would it be easier to just raise the minimum you can withdrawal to bitcoin then charge a fee for it. maybe i am missing something there?

Thanks for the update on your plans with the FTQ. I think getting that paid out will help the site alot. Hopefully with mymatix coming online you will not have to add to much of your personal money to help pay it off. But still nice to see you are willing to go to that point to do it.

After reading this if anyone has any doubts about you as a leader i want to know why. Cause as alot of us have said before you could have taken the easy route just told every sorry you lost you invested but i am willing to swap it for RP. another one would have been just shut the site down and relaunch it under a different name. But you choose the path that going to pay off in the long run. It not been easy but i am sure we making progress now. Keep up the good work team.
MeagoDK
Traffic Value: $2,697.0796 Denmark
3 like this post 0 people
14/06/2017 21:58
The only reason I have not invested more is the FTQ. I have quite a lot of money in there and it have taken a lot longer than I thought. 
druth8x
Traffic Value: $22,417.44153 United States
5 like this post 0 people
14/06/2017 22:08
MeagoDK,
Normally, that's the smart thing..."Good money after bad".

However, with FBG, when opportunity strikes aka different baskets come up, it's best to keep spreading your eggs, even new eggs, otherwise you miss out.

Now, if all your eggs are in the FTQ basket, I agree probably seems wrong to sell pennies on the dollar, esp when the FTQ is still a high priority.
fraser
Traffic Value: $11,569.46477 Australia
9 like this post 0 people
15/06/2017 01:39
"I am currently working on a few things on the side to personally earn enough money to pay off the fast track queue out of my own pocket."


While this is a very noble gesture (and business savvy), I don't think that you should be doing this with no benefit to yourself.  You are clearly playing the long game with MTV, which I'm sure all (long term) members / RP holders appreciate.


If it comes to this, is it possible for you to plough money in to the business in the form of RP purchase, but lock those RP from being sold in the short-medium term.  The business could then use that money to pay back the FTQ, which would take the whole project forward, and you would be rewarded for your commitment further down the line?
dguy
Traffic Value: $15,993.01608 Canada
12 like this post 0 people
15/06/2017 05:15
Marc could also buy up the FTQ, take it private and then let the company pay at their leisure
donsoulz
Traffic Value: $7,212.45963 Malaysia
1 like this post 0 people
15/06/2017 06:33
good news...

how about the weird RP seller in RP marketplace for the last few days? are you going to closed RP market and return all RP back to its owner? 

btw can't wait for mymatrix..anyone makes a team please count me in..grin
spyrosnik26
Traffic Value: $1,490.37731 Greece
1 like this post 0 people
15/06/2017 09:03
Great news Marc! Any ETA about Litecoin and Ethereum as payment methods?
loreennaa
Traffic Value: $3,330.3665 Spain
6 like this post 1 people
15/06/2017 10:17
Hello, I have not connected for some time

But I plan to be back soon, at least by buying RP on MTV, thanks to a new social network that pays with cryptocurrency (steem)

Marc I do not know if you know that social network, but I think it would be a good idea to create an account of the company, and with the profits of the post add them to the portfolio
The page is called steemit
luxadm1
Traffic Value: $1,190.2111 Russian Federation
1 like this post 0 people
15/06/2017 13:18
I'd suggest to use advertising from PTC Rotators, for speeding up MTV.

For example:

http://www.grandrotator.com/home/
https://howtogetref.com/cheap-advertising-ptc-banner-ads/
riv4n
Traffic Value: $376.31124 Indonesia
3 like this post 1 people
15/06/2017 13:29
Can MTV provide Xapo btc address for members who have funds in Xapo? so they can deposit here with no fees (only fee from MTV).
Crimson
Traffic Value: $1,850.32389 Romania
0 like this post 0 people
15/06/2017 15:21
Mtv does not have a Xapo adress.They manage theyr own btc server.
siddartha149
Traffic Value: $683.06885 India
0 like this post 0 people
15/06/2017 18:44
@Loreena, what's your username on Steemit? And do you really think MTV should post there! You know how they treat any kind of advertising there, with lots of downvotes!!! tongue
loreennaa
Traffic Value: $3,330.3665 Spain
4 like this post 0 people
15/06/2017 19:21
mi nick is same here 
Yes the downvotes are a thing to think about, but while there are more positive than negative votes there is no problem
Is also trying to approach the platform the youtuber, and the same danger they would have them
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
23 like this post 0 people
18/06/2017 06:42
Congratulations Paddeke for winning an amazing 12 million BAP jackpot ($6000) on slots!
bigbadmoose
Traffic Value: $520.60691 United States
4 like this post 0 people
18/06/2017 11:56
Congratulations Paddeke. That is a great win.
paddeke
Traffic Value: $11,870.94014 Netherlands
12 like this post 0 people
18/06/2017 15:03
Thanks Marc and bigbadmoose. I almost couldn't believe it at first.
piro00
Traffic Value: $3,781.28667 Argentina
6 like this post 0 people
18/06/2017 19:11
I think we are gonna have MM really soon smile
Dav7
Traffic Value: $778.90677 Portugal
2 like this post 0 people
19/06/2017 12:33
Are you planning in postponing MyMatrix launch so it wont happen at the "same time" as the Profit Share ?
felibaudino
Traffic Value: $770.95545 Argentina
3 like this post 0 people
19/06/2017 13:41
What is the profit share?
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