Omg I haven't laughed so hard in a long time! This entire thread is pure comedy. You kind of feel bad for the guy, but his level of delusion is really quite astonishing!
Dave, my dude, listen... I know you feel that people on here "just don't get it", and throw away their bitcoins on gambling sites, while you are taking a small risk in an investment opportunity that could make you very very rich and has almost no chance of loosing! In fact, in your mind you are trying to help them out, to make them see the light and invest through your referral link and you will become wealthy together. Your motivations are pure Dave, but let's go through your posts together, and see if we can make any sense of the arguments going on around here.
50% of GBBG monthly revenue will be shared with members. You DO NOT have to pay a monthly fee or buy anything! There are no dues, membership fees, monthly minimums, or purchase requirements at all.
BitBillions revenue will be generated through advertising, premium communication services, payment processing, currency exchanges, sales of books, sales of music, sales of movies, and many other income producing mediums. Members simply earn money by using the FREE technology.
You pay nothing, and in return earn a share of 50% of revenue. Sounds great! Latest Blog Post
Don't miss this guys
Rapid Referral Special Offer
Posted: Wednesday, March 27th, 2013
Category: General Info
Expires April 1st, 2013
Bitcoins are rising in value very quickly. When GBBG launched bitbillions the value of a bitcoin was around $30.00 USD. Today it is over $85.00 USD. We thought we would help our members to attract Founder referrals by offering an extremely limited SPECIAL OFFER.
From now until April 1st, 2013, we will grant complimentary Founder Member positions to ANYONE who donates 0.50 BTC (or equivalent value)!!!
This incredible opportunity is only available until April 1st, 2013. If you have been telling people about GBBG and bitbillions, but they have not yet decided to become a Founder member, NOW IS THEIR CHANCE to pounce! ANYONE who donates 0.50 BTC (or equivalent value) will be granted a complimentary Founder Member position! Hurry, don’t miss this incredible opportunity to get Founder referrals quickly!
It's still free, but if you donate 0.50 BTC you get a complimentary Founder Member position! Still free though! Did you look at what the MAJOR ALERT is about?
New Blog Post
UPDATE TO – Free Bitcoins Every Day
Posted: Saturday, April 20th, 2013
Category: General Info
Early in our membership drive, some members asked if we could come up with something they could do to earn money before our product launch. It just so happened we had already been talking with another organization that was planning to offer daily incentives and other opportunities in the bitcoin economy. We agreed to allow them to publish these offers on our site and reward our members in bitcoins when they participated.
Unfortunately, this other party has informed us they ran into snags beyond their ability to overcome. They ceased operations earlier this week. So, it is with much regret that we must pass along this information to our members. The daily opportunity to earn bitcoins will not be available any time soon.
FREE Bitcoins Every Day! .......... And they're gone ..........
THREE DAYS LATER...
Who Will Earn BIG in May?
Posted: Tuesday, April 23rd, 2013
Category: General Info
Founder Members have an opportunity coming up in May to earn an amazing bonus. We are planning a competition for getting Founder referrals. Our leadership is discussing a few options we feel will really make our members happy. There will be prizes (in Bitcoins) for the top few members who get the most Founder referrals during May. There will also be a points system where members will earn points for each referral and extra points if their referrals donate using bitcoins. Then, we will conduct a drawing for FREE BITCOINS at the end of May. Each point earned will be an entry into the drawing.
The specific details of this opportunity will be announced on the website before May 1st. Keep your eyes open for this announcement. Also, make sure your account is upgraded to Founder status if you want to participate. You may want to be preparing your marketing tools as well. This will be a great way for many of you to profit BIG TIME in the month of May!
Wait a minute! Even though you may have sent them BTC0.50 to become eligible to win FREE bitcoin every day which now won't happen, these guys are so nice that they are going to do a FREE BITCOIN drawing at the end of May! All you have to do is refer as many people as you can to enter the Matrix with you, which even though you tell them any everyone else that it is free, you somehow have managed to pay BTC0.50 for. Oh yeah, you are higher in the Matrix! So, what benefits to you get being with the Founder Members in the Matrix?
Latest Blog Entry
Launch Plans Revisited
Many people send emails asking questions we think should have obvious answers. So, to try to help reduce the work load of answering the same questions over and over again, we would like to address a few important details. We will fill the revenue sharing matrix on July 1st, 2013[/color][/b]. First, we will fill the matrix with Founder members. Then we will add Reserve members to the matrix. After this, we will add Applicants to the matrix. All members will be placed automatically into the matrix and will remain in the organizational genealogy of their referrer. You DO NOT have to make a donation to be in the matrix. However, if you DO make a donation, you WILL be rewarded by being granted a higher position.
Who wouldn't want to be rewarded with a higher position in the "Matrix", especially when all the revenue sharing comes in July! Sure, the site is still free, but do you really want to be a Reserve or Applicant in the Matrix and watch all the Founder members get most of the money?
The matrix pays people 7% matrix commissions based on their earnings from the revenue share. The matrix does not pay any commissions based on membership or donations at all. So if the company does not generate any revenue there would be no matrix commissions.
That last part that you wrote is the key to this all. If they don't generate revenue, then everyone looses! Well, not exactly everyone. You see the person (these are almost always run by a single individual) that is running this has enticed you to give him your money with the promise of more money in the near future. He tells you that it is free to enter the profit sharing fund, so you think what do I got to loose? It's free!
Did you ever wonder why the "matrix does not pay any commissions based on membership or donations at all"? It's because he is stealing all of the Bitcoin that people send to the fund, and sending out small amounts to make you think that they are making revenue. That is why he is constantly trying to motivate you to find new investors to sign up and sent him bitcoins. You did not pay for a Founder Membership to participate in revenue sharing, you had your money stolen, but you don't know it yet. These schemes always collapse eventually.
What if I am wrong? Maybe I just spent all this time trying to convince you, but instead you have been right all along!
Where do they make money? You ask if it is donations. The answer to that is no. The donations are for people to take part in the revenue share which has nothing to do with the GBBG Fund
The part that details how the fund will make money is as follows;
The GBBG Bitcoin Fund is a pooled collection of bitcoins contributed by all participants and deployed in mass for the goal of growth and return.
That is exactly what you have been saying all along! The fund uses bitcoins contributed by all participants and invests them in emerging bitcoin companies to generate revenue. Just like a venture capital fund, but only using Bitcoins!
So let's take a look at what they are looking to invested in:
Mainstream Advertising Network Placement
Posted: Friday, March 22nd, 2013
Category: GBBG Fund
GBBG Bitcoin Fund enters initial draft agreement for placement with mainstream online and mobile advertising network. The fund will place bitcoin capital into a growing advertising and publishing network in exchange for repayment of capital with interest along with long-term revenue share arrangement. As many know, online advertising can generate substantial revenue potential. This particular advertising network is unique due to some important variables:
Unique delivery concepts
Proprietary software and technology
Global marketplace with local marketing focus
Unique brand and content
Fund managers are proud to announce this initial placement agreement. This seems to be a very well-managed, well-planned organization. Due to competitive environment and lack of completed agreement, we are not prepared to release the name of the placement. The placement is within a live website with live operations. Our capital will be used for marketing, expansion, and growth of their sales and product. We will release more specific information, including the name of the site, as soon as we are able.
They are looking to invest in a mainstream online and mobile advertising network that has a live website with live operations and is a very well-managed and well planned organization. This is made up to get you believing that the future revenue will come, but they also say that this advertising network is unique due to some important variables, so if they delay releasing the name of the site or if the deal falls through, they can say I told you so.
Maybe this next deal is a little less vague:
Bitcoin Penny Auction Placement
Posted: Friday, March 22nd, 2013
Category: GBBG Fund
GBBG Bitcoin Fund enters initial draft agreement for placement with upcoming bitcoin ‘penny auction’ site. The fund will place bitcoin capital into the upcoming site in exchange for repayment of capital with interest along with long-term revenue share arrangement. As many know, penny auction sites can generate substantial traffic and revenue potential. This particular penny auction will be unique due to some important variables:
They will ONLY accept bitcoins for all purchases
Membes (users) can buy/sell goods, services and even bitcoins
Global access (not limited to USA or a few countries as most penny auctions)
Unique brand and content
Fund managers are proud to announce this initial placement agreement. This seems to be a very well-managed, well-planned organization. Due to competitive environment and lack of completed product, the site has not yet been announced or published. The site plans to be live by late April or early May. We will release more specific information, including the name of the site, as soon as we are able.
DISCLOSURE: Due to the fact that the GBBG Bitcoin Fund makes all placements in the form of bitcoin ONLY, and we expect repayment of capital, earnings, and revenue sharing in the form of bitcoin ONLY, our negotiations may be a bit longer and more complex than normal. We ask participants to bear with the complexity and relative newness of bitcoin as a means of exchange.
Your fund managers are investing in a bitcoin penny auction site where it's "Membes (users)" can trade goods, services and even bitcoins! What? This makes absolutely no sense!!! And your fund managers think that this seems to be another very well-managed, well-planned organization! The only thing your fund managers did right was to exchange fund capital in exchange for repayment of capital plus interest ALONG with long-term revenue share arrangement. Maybe there is something in there to learn, Dave...
If I were you, I would call my fund managers and ask them why they are risking my 7% Matrix commissions 50% revenue share on these two long-term revenue share arrangements! Or I would just wake the fuck up.
Update: Oh, and by the way, scroll down to the bottom of their website where it says Contact Us. Notice anything funny about the phone icon when you try to click on it? Wow. Please tell me you are the creator of this scam Dave! There is no way, no way you aren't.