how about those who invest in your site? will just left out
maybe its better if you use some altcoin instead of bitcoin in your site
user will cashout and deposit using altcoin you pick
and some percentage of revenue ads will use to buy those altcoin
i think EPC is the better altcoin for you site its a gamer coin
heres the thread https://bitcointalksearch.org/topic/annepcscrypt-experiencecoin-the-coin-geared-towards-gamers-rerelease-1013632
maybe its better if you contact EPC dev for sponsorship or partnership
or maybe ask if he is interested in your script
Topic: [Auction] Website generating profit of $300-400 per month - page 3. (Read 17718 times)
- Days left: 6
- Current Bid: N/A
- Current Bid Holder: N/A
i wonder how many btc transactions the admin has to do per day/week and if that process couldnt be kinda automated somehow. What is the reason to do it manually at all? when i think about other sites there seems to be not a person involved at all for the transactions at least
I would be interested in buying but only if site could be completed/upgraded first
Well if they could upgrade the game they would already had made it happen,and well is hard to hire any developer with skills to make the work and finish.Im sure the game has potencial to grow even at the current version ,sure would bring more active members and new players inside the new version planned to happen,but as the main motive is they havent time to manage the game .
I personal would like more to have the admin to hire someone to handle payouts and fix some bugs instead selling the game,im sure someone would be happy to handle payments and some small bugs.
I would be interested in buying but only if site could be completed/upgraded first
I really prefer that even if You check on it less frequently then it would still be better if You managed it ;p
- Days left: 7
- Current Bid: N/A
- Current Bid Holder: N/A
Well i got the first email,but as i couldnt hijack and edit my message i had to wait those reply yours replyed already and well i hope you stand here but well there is a lot interest already in a good game.
I didnt received any email about the contracts ,if you going really to sell ,if a buyer appears ,i wanna my contracts thing done before new owner,soo pm here or at my email.
I did send out e-mails to everyone this morning - will PM you now though.
I didnt received any email about the contracts ,if you going really to sell ,if a buyer appears ,i wanna my contracts thing done before new owner,soo pm here or at my email.
First of all, I'd like to thank the person who moved this thread into the optional section for auctions, where it's not possible to edit threads making running this auction a bit more challenging
In regards to fixed expenses, I have been tracking down our expenses these past days and this is what I have come up with:
Hosting: Currently running in a high-end shared hosting plan. If you follow our exact line of development, you will need a VPS or dedicated server to host the Bitcoin daemon. Alternatively, you can handle payouts using one of several online platforms and keep the updated game in a shared hosting plan.
The monthly payout rate is below 2000 DKK, which is covered easily by the advertisement from Adsense. In the upgraded version, the payout scheme is planned to be a percentage of the sites monthly earning, making sure you always run the site with a profit.
As promised in OP, I can show exact numbers for traffic, income and expenses against proof of funds to any interested buyers.
UPDATED DETAILS
In regards to fixed expenses, I have been tracking down our expenses these past days and this is what I have come up with:
Hosting: Currently running in a high-end shared hosting plan. If you follow our exact line of development, you will need a VPS or dedicated server to host the Bitcoin daemon. Alternatively, you can handle payouts using one of several online platforms and keep the updated game in a shared hosting plan.
The monthly payout rate is below 2000 DKK, which is covered easily by the advertisement from Adsense. In the upgraded version, the payout scheme is planned to be a percentage of the sites monthly earning, making sure you always run the site with a profit.
As promised in OP, I can show exact numbers for traffic, income and expenses against proof of funds to any interested buyers.
UPDATED DETAILS
- Days left: 8
- Current Bid: N/A
- Current Bid Holder: N/A
I explained why i placed it here...Rrrrread da post... This problem only arose AFTER they announced an auction, thus leading me to believe they may have suspended some features...
This should probably be in the Auctions board, since it's not a direct selling of the website for a fixed price.
Does that mean that the new owner will get the development of what you've already done towards v2? Can you specify how much you've done and how much there is required to do?
- Any development process towards the upgrade
Does that mean that the new owner will get the development of what you've already done towards v2? Can you specify how much you've done and how much there is required to do?
Hi,
Most of the work is already done on MBM2.
All the big parts like:
-Player market
-Active mining
-Passive mining
-The basics for the playable game, this includes walking - camera movement - and optimized fps.
-interaction with ingame characters
Things that you will have to do to finish it off.
-implement active mining and passive mining into the game
-add structures where you want them.
Thanks,
Richard.
I am actually very interested i would def not turn it into a scheme i am just wondering if i won the auction then paid the rest of what you need for v 2.0 could you guys finish 2.0 for me?
Sad news. I guess I should halt mining until the new owner reveals his plan.
sad to hear it will be sold 
If you are interested in hiring someone to help manage the community/site I can be that person for you. This way you can avoid transferring ownership and staying true to your members.
Got up a bit early so might have missed a question or two, but please bear with me I'll try and address it all here in this post.
I have the deepest understand for why you feel this way - in fact, it was a tough decision to move forward with this. However, at this stage we are fresh out of ideas since we simply do not have enough time to move forward with MBM anymore.
Yes of course the new owner will get the current script + all of the development towards 2.0.
We have almost all of the backend functionality for 2.0:
What is lacking at this stage is basically to put it all together in the game, test it with the community and release it publicly.
I will have Richard post the exact details of what needs done here in a few hours.
Of course the issue you're speaking of was a memory issue with the current hosting plan but it has been fixed now.
The game will run throughout the auction.
Oh no this has nothing to do with Christian - in fact, he has done a lot of good work on the script. We have just come to realize that none of us can put the time into this project which is required to provide the same level of user care as I did from the beginning.
Oh yes that was a spoken err in my end. I did mean 1-1.5 per month in Bitcoin transactions - not per day.
I will post a bit more of the financials of the game in the main topic later today.
We are running this site primarily as an auction in BCT. We created an account on Flippa which was instantly banned due to them connecting us with another account and their horrid customer support were of no help on the matter, claiming we were the same guy and bragging about their effeciency in closing down malicious accounts.
Will update the original topic. In regards to hours of work to maintain the site. The main post of work involves caring for the users and replying to their inquiries here on BCT. I spent a good deal of time looking through posts but you can schedule this to make it easier and more effecient.
I will have Richard estimate how much work is required to have the upgrade ready for users. From there on, the upkeep work for the site should merely be handling customer care and making sure the Bitcoin balance is high enough to pay out users (transfering fiat currency from Adsense to the bitcoin wallet).
I'll address this in order of questions.
Have you had a look at the video above? That is our annual financial statistics since the site has been running since Oct 14th 2014, it will be a bit difficult to come up with more than 1 years worth of statistics.
As you see, the Adsense data is no older than 2 months since we did not start using it earlier. Before that, we ran with Bitmedia.io which is also covered in the video.
In regards to top users vs new users, we already prepared for this:
https://bitcointalksearch.org/topic/re-opened-mybitmineco-new-type-of-faucet-get-bitcoin-from-playing-825713
The potential buyer will of course receive any progress towards this upgrade we currently have. Please read reply above.
Will reply to this on the main MBM topic in a second
Basicly what you are saying, is in the future this will become a sceme. I joined this site because it was you who made and was running it, since you where a valued memeber of easybitco chat.
I understand the part that your study is more important atm, and whish you the best with that, but selling this site is the worst you can do to your members.
I understand the part that your study is more important atm, and whish you the best with that, but selling this site is the worst you can do to your members.
I have the deepest understand for why you feel this way - in fact, it was a tough decision to move forward with this. However, at this stage we are fresh out of ideas since we simply do not have enough time to move forward with MBM anymore.
This should probably be in the Auctions board, since it's not a direct selling of the website for a fixed price.
Does that mean that the new owner will get the development of what you've already done towards v2? Can you specify how much you've done and how much there is required to do?
- Any development process towards the upgrade
Does that mean that the new owner will get the development of what you've already done towards v2? Can you specify how much you've done and how much there is required to do?
Yes of course the new owner will get the current script + all of the development towards 2.0.
We have almost all of the backend functionality for 2.0:
- Registration / signing
- Active Mining
- Passive mining
- Market
- General game functionality with movement etc
- A bunch of graphics for the game
What is lacking at this stage is basically to put it all together in the game, test it with the community and release it publicly.
I will have Richard post the exact details of what needs done here in a few hours.
That's a real bummer. Can you at least keep the game running while you're working on the sale? The last few days that I've tried to do the active mining, the amount of my resources has not advanced at all.
Of course the issue you're speaking of was a memory issue with the current hosting plan but it has been fixed now.
The game will run throughout the auction.
so christian has finally destroyed the site for you, with his lies, abuse, angry replies, etc
if you wanted to keep the site running then members would understand any slowness in updating the site.
i hope you have learned that allowing people like christian to claim that they are the admin will always destroy any project that you attempt in the future.
will you pay all outstanding balances before you sell?
if you wanted to keep the site running then members would understand any slowness in updating the site.
i hope you have learned that allowing people like christian to claim that they are the admin will always destroy any project that you attempt in the future.
will you pay all outstanding balances before you sell?
Oh no this has nothing to do with Christian - in fact, he has done a lot of good work on the script. We have just come to realize that none of us can put the time into this project which is required to provide the same level of user care as I did from the beginning.
The video states 1.5 BTC per day (~$300-400/day) comes in, but the subject here states $300-400 per month.
Is the site paying out 96% of its profits or is there something else going on here?
Can you post some financial data like gross monthly (BTC), expenses, net income, etc?
Is there a link to the auction site so you can watch and/or bid?
Is the site paying out 96% of its profits or is there something else going on here?
Can you post some financial data like gross monthly (BTC), expenses, net income, etc?
Is there a link to the auction site so you can watch and/or bid?
Oh yes that was a spoken err in my end. I did mean 1-1.5 per month in Bitcoin transactions - not per day.
I will post a bit more of the financials of the game in the main topic later today.
We are running this site primarily as an auction in BCT. We created an account on Flippa which was instantly banned due to them connecting us with another account and their horrid customer support were of no help on the matter, claiming we were the same guy and bragging about their effeciency in closing down malicious accounts.
Do you mind sharing the upkeep costs for the website? Do you have an estimate of how many hours/week of work it takes to maintain the site?
Will update the original topic. In regards to hours of work to maintain the site. The main post of work involves caring for the users and replying to their inquiries here on BCT. I spent a good deal of time looking through posts but you can schedule this to make it easier and more effecient.
I will have Richard estimate how much work is required to have the upgrade ready for users. From there on, the upkeep work for the site should merely be handling customer care and making sure the Bitcoin balance is high enough to pay out users (transfering fiat currency from Adsense to the bitcoin wallet).
Agreed [Knowhow], and while on that topic seller, please share the trends. IE Quarterly financials for 4 quarters, and/or a few years worth of annual data.
Besides the fact that this is the most basic information about a potential investment to analyze it, it addresses a concern when reviewing this particular business.
The concern has already been expressed here. In this site, expenses (especially to top users, or users becoming top users) are likely to continually increase as the bonuses of each account steadily rise. If you don't get more new users on a regular basis (which you pay 0 or little to as they build up their game), the balance tips and the game loses money.
You can make changes to become more profitable, but at the risk of angering and alienating your users, and thus your income stream and trust in the community.
Related, you probably should publish statistics on new returning user growth or perhaps number of page views by users that are less than X months old (3 months might make a good dividing line? seems to take several months to build up to anything even remotely worthwhile to pay-out).
Besides the fact that this is the most basic information about a potential investment to analyze it, it addresses a concern when reviewing this particular business.
The concern has already been expressed here. In this site, expenses (especially to top users, or users becoming top users) are likely to continually increase as the bonuses of each account steadily rise. If you don't get more new users on a regular basis (which you pay 0 or little to as they build up their game), the balance tips and the game loses money.
You can make changes to become more profitable, but at the risk of angering and alienating your users, and thus your income stream and trust in the community.
Related, you probably should publish statistics on new returning user growth or perhaps number of page views by users that are less than X months old (3 months might make a good dividing line? seems to take several months to build up to anything even remotely worthwhile to pay-out).
I'll address this in order of questions.
Have you had a look at the video above? That is our annual financial statistics since the site has been running since Oct 14th 2014, it will be a bit difficult to come up with more than 1 years worth of statistics.
As you see, the Adsense data is no older than 2 months since we did not start using it earlier. Before that, we ran with Bitmedia.io which is also covered in the video.
In regards to top users vs new users, we already prepared for this:
https://bitcointalksearch.org/topic/re-opened-mybitmineco-new-type-of-faucet-get-bitcoin-from-playing-825713
The potential buyer will of course receive any progress towards this upgrade we currently have. Please read reply above.
Well each user with full upgrades will get 432k being active 24hours a day,as i know top users can make a captcha every 4 hours means 6 times a day they must click,and well some users using the auto mining feature ,reducing their income and generating gold without captcha.
Soo i say those report of adsense and there is some days at 70dkk as 40 dkk and 100dkk ,the income never the same,and isnt a day record is a montly,september record,sure more info must be gived like last 3 months income and outspend,besides those there is contracts that take some part of the income,before any sell me made you admin must refund us paying a bit above what we had paid for them,since i dont wanna to swicth to the new owner since the investment were made at your management and i dont know where the new owner will keep being honest and paying us ..... soo before any step on these way refund CONTRACT USERS im one of them soo kindly refund me those.
Soo i say those report of adsense and there is some days at 70dkk as 40 dkk and 100dkk ,the income never the same,and isnt a day record is a montly,september record,sure more info must be gived like last 3 months income and outspend,besides those there is contracts that take some part of the income,before any sell me made you admin must refund us paying a bit above what we had paid for them,since i dont wanna to swicth to the new owner since the investment were made at your management and i dont know where the new owner will keep being honest and paying us ..... soo before any step on these way refund CONTRACT USERS im one of them soo kindly refund me those.
Will reply to this on the main MBM topic in a second
Man look even the income being 1,5btc daily,each account top 40 taking around 0.25btc daily and do the match ,income and outcome is getting out of control,meaning the more users improve their accounts the less will stay in the pocket of the game.
The big fact is those incove somedays is bigger then others,soo those income should be the maximum earned in a day others days the support should be less,soo who will buy this if this will happen ,well need to manage those to avoid bankrupt,i guess thats why admin need to change to the new version round based that way he can get some income bigger then those.
The big fact is those incove somedays is bigger then others,soo those income should be the maximum earned in a day others days the support should be less,soo who will buy this if this will happen ,well need to manage those to avoid bankrupt,i guess thats why admin need to change to the new version round based that way he can get some income bigger then those.
I am ranked 4th in mybitmine and i make no where near that amount in a day. I would love to learn how to though.
Well each user with full upgrades will get 432k being active 24hours a day,as i know top users can make a captcha every 4 hours means 6 times a day they must click,and well some users using the auto mining feature ,reducing their income and generating gold without captcha.
Soo i say those report of adsense and there is some days at 70dkk as 40 dkk and 100dkk ,the income never the same,and isnt a day record is a montly,september record,sure more info must be gived like last 3 months income and outspend,besides those there is contracts that take some part of the income,before any sell me made you admin must refund us paying a bit above what we had paid for them,since i dont wanna to swicth to the new owner since the investment were made at your management and i dont know where the new owner will keep being honest and paying us ..... soo before any step on these way refund CONTRACT USERS im one of them soo kindly refund me those.
Soo i say those report of adsense and there is some days at 70dkk as 40 dkk and 100dkk ,the income never the same,and isnt a day record is a montly,september record,sure more info must be gived like last 3 months income and outspend,besides those there is contracts that take some part of the income,before any sell me made you admin must refund us paying a bit above what we had paid for them,since i dont wanna to swicth to the new owner since the investment were made at your management and i dont know where the new owner will keep being honest and paying us ..... soo before any step on these way refund CONTRACT USERS im one of them soo kindly refund me those.
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