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Topic: BitBillions GBBG - page 12. (Read 51736 times)

sr. member
Activity: 423
Merit: 250
May 16, 2013, 09:43:07 AM
Notice in the member Area

Let’s get the May Referral Contest really roaring! From now, until the last day of May, any person who registers an account and donates at least $30.00 (USD) in cash or bitcoins will be upgraded to Founder status! Let’s get that prize pool growing and get those points rolling in. Your referrals can upgrade for the remainder of May with a donation of $30.00 (USD) or more! What and opportunity!!!

Current Leader: 12 Points
2nd Place: 6 Points
3rd Place: 5 Points
hero member
Activity: 756
Merit: 522
May 15, 2013, 08:41:03 AM
You are hereby invited to our SuperDiode event which will be held in a burnt rate. Please confirm your notarized power of nurse and such requisite necessaries. Waiting to see you there!
sr. member
Activity: 423
Merit: 250
May 15, 2013, 07:24:46 AM

The only money I gave them was when I bought founder positions originally. I also put 2btc into the GBBG fund. Apart from that I haven't put any money in since and unless I wanted more positions I don't plan to.


You have given them 3 BTC, which is already a lot. Their goal is to get as much money out of you as possible.

Quote
Our fund managers will post much greater details about this new venture within the fund segment of our site soon. In addition, there will be an opportunity for 20 accredited investors to participate as well. The partnership has agreed to allow 20 accredited investors to take a stake in the venture along with GBBG.

There it is. They are already trying to get you to give them more bitcoins under the guise of investing in a new venture they are partnering with. These partnerships they are announcing aren't real! Why do you think they can never give you ANY information about them? It is because they are making them up! What evidence do you have, besides their vague announcements, that they are real?

In the future they will come up with all different reasons for you to send them more bitcoins. This "free" revenue sharing program that you initially signed up for may end up costing you dearly in the end. You are already over $300 in the red, with only promises from people you have never met to show for it. If you want to keep believing that this is legit then fine, but don't put more money into it. This is 100% a scam.

Well you are right in that it is a risk. Fortunately I suppose the bitcoin I put in originally cost far less than $300. It is true had I just held onto the bitcoins it would be worth that much now. But the truth is that if not for bitbillions I would never have got any bitcoins to invest in the first place.

As for if the partnerships are real or not, we will have to wait a bit to see what happens. One of us is right, I hope I am, if I'm not you can all say 'I told you so'. I think it is a bit premature to make out that everything is fake when it is not proven either way.
newbie
Activity: 39
Merit: 0
May 14, 2013, 09:51:13 AM
You're wasting your breath. You're talking to GBBG trying to convince GBBG that GBBG is a scam.

Yeah, your probably right. Either way I'm enjoying hearing his (anti-)logic. Great case study in confirmation bias.
hero member
Activity: 952
Merit: 1009
May 14, 2013, 09:35:23 AM

The only money I gave them was when I bought founder positions originally. I also put 2btc into the GBBG fund. Apart from that I haven't put any money in since and unless I wanted more positions I don't plan to.


You have given them 3 BTC, which is already a lot. Their goal is to get as much money out of you as possible.

Quote
Our fund managers will post much greater details about this new venture within the fund segment of our site soon. In addition, there will be an opportunity for 20 accredited investors to participate as well. The partnership has agreed to allow 20 accredited investors to take a stake in the venture along with GBBG.

There it is. They are already trying to get you to give them more bitcoins under the guise of investing in a new venture they are partnering with. These partnerships they are announcing aren't real! Why do you think they can never give you ANY information about them? It is because they are making them up! What evidence do you have, besides their vague announcements, that they are real?

In the future they will come up with all different reasons for you to send them more bitcoins. This "free" revenue sharing program that you initially signed up for may end up costing you dearly in the end. You are already over $300 in the red, with only promises from people you have never met to show for it. If you want to keep believing that this is legit then fine, but don't put more money into it. This is 100% a scam.

You're wasting your breath. You're talking to GBBG trying to convince GBBG that GBBG is a scam.
newbie
Activity: 39
Merit: 0
May 14, 2013, 08:51:27 AM

The only money I gave them was when I bought founder positions originally. I also put 2btc into the GBBG fund. Apart from that I haven't put any money in since and unless I wanted more positions I don't plan to.


You have given them 3 BTC, which is already a lot. Their goal is to get as much money out of you as possible.

Quote
Our fund managers will post much greater details about this new venture within the fund segment of our site soon. In addition, there will be an opportunity for 20 accredited investors to participate as well. The partnership has agreed to allow 20 accredited investors to take a stake in the venture along with GBBG.

There it is. They are already trying to get you to give them more bitcoins under the guise of investing in a new venture they are partnering with. These partnerships they are announcing aren't real! Why do you think they can never give you ANY information about them? It is because they are making them up! What evidence do you have, besides their vague announcements, that they are real?

In the future they will come up with all different reasons for you to send them more bitcoins. This "free" revenue sharing program that you initially signed up for may end up costing you dearly in the end. You are already over $300 in the red, with only promises from people you have never met to show for it. If you want to keep believing that this is legit then fine, but don't put more money into it. This is 100% a scam.
sr. member
Activity: 423
Merit: 250
May 14, 2013, 04:10:17 AM
GBBG, Will fail Bitcoin will not be centralized and does not need government involvement such as regulations or tracking who exchanges fiat for Bitcoin. I guess this program is going to steal people's fiat or Bitcoin.  Angry

Governments are already beginning to regulate the exchangers. I fail to see how you link your comment to the program going to steal money. That just makes no sense at all.
hero member
Activity: 577
Merit: 500
May 13, 2013, 10:36:11 PM
GBBG, Will fail Bitcoin will not be centralized and does not need government involvement such as regulations or tracking who exchanges fiat for Bitcoin. I guess this program is going to steal people's fiat or Bitcoin.  Angry
sr. member
Activity: 423
Merit: 250
May 13, 2013, 03:15:32 PM
Latest Blog Post


GBBG Enters 2 Entrepreneurial Ventures

Posted: Monday, May 13th, 2013
Category: GBBG Fund

In our opinion, one of the greatest challenges ahead for bitcoin is that it become a widely used payment system. For the greater part of its life, bitcoin has mostly been used like a commodity or investment vehicle. The majority of transactions are speculative trading similar to Forex or other currency spreads. While the idea of treating bitcoin like an investment tool or derivative can be rewarding, it is not the root purpose of the protocol. Bitcoin needs to become a mainstream payment tool.

GBBG is developing a peer-to-peer system we hope will revolutionize many aspects of ‘online’ life as we know it. However, if we expect to deliver our product effectively, we truly need bitcoin to become a payment system, rather than a speculative investment game. The long-term stability of our core concept depends on bitcoin as a day-to-day payment tool. So, in order to help us get there, we have decided to shift gears a little bit, for a short time.

Two obstacles in the way of bitcoin becoming a mainstream payment system need to be addressed. First, it must become easier for people to move their native currency in and out of bitcoin. Second, people need to be able to use bitcoin to purchase a wide array of goods and services. Over the past several weeks, our fund managers have been seeking opportunities within both of these arenas. There is quite a boom in entrepreneurial activity around bitcoin. We feel GBBG should get involved in a few of these ventures.

If bitcoin will ever become a fluid payment system, people must be able to move in and out of it efficiently. Currently, it takes too much time to acquire and sell bitcoins. This prohibits mainstream users from adapting it as a payment method. Our fund managers ran across an amazing solution for this that is in planning and development. We have decided to throw our development skills and some of our funding into the project. What we plan to create is a system where people all over the world can convert their local currency in and out of bitcoin easily and inexpensively.

We are working with a few partners now to create a business that will focus 100% on the issues of rapid, low-cost currency conversion. This project includes several major features. First, we plan to develop a more user-friendly wallet system so every day people can easily manage their bitcoins. Second, we will establish a global network of authorized, certified currency converters. This will allow people anywhere in the world to move in and out of bitcoin much faster. In addition, there will be a ‘trustee’ system that will protect senders and receivers and ensure that coin transactions and currency conversions are processed efficiently and accurately.

We feel the biggest hurdle for bitcoin over the next few years will involve government and banking resistance. The primary reason is that the bitcoin community has been focusing and promoting the anonymity factor of bitcoin far too much. We feel the only way for bitcoin to be adapted by the masses, and accepted by governments and the banking industry, will be accurate, honest documentation and regulatory compliance.

Bitcoin has taken a bit of a hit because it has been widely adapted by illegal businesses and people conducting illicit transactions. We feel governments throughout the world would gladly accept bitcoin as a payment processor if they could easily identify the persons who are moving local currency in and out of the protocol. Therefore, one of the primary focuses of this new rapid currency conversion system will be to establish record keeping practices that comply fully with each government authority throughout the globe. The goal is to make an easy, mainstream system where people can move money in and out of bitcoin and comply with their governing bodies appropriately.

The average person is not participating in illicit back-alley business every day. The average person does not want to break laws or risk overstepping regulatory boundaries. Therefore, the average person would appreciate a system that ensures they can easily exchange local currency in and out of bitcoin while simultaneously complying with their geographical governing authorities. When people can easily move currency in and out of bitcoin, they will begin to use bitcoin to purchase goods and services rather than treating it like a commodity or investment tool.

GBBG has taken a sizeable position in this new venture. As a result, we will share a sizeable portion of the revenues and profits. This means our membership will benefit greatly. After all, we share our revenue with our members through our revenue sharing matrix. We have agreed with the developers of this new system to include a GBBG membership login within all applications. This way, any member of GBBG that uses these applications to make bitcoin payments or currency exchanges will also be earning GBBG profit sharing points.

Our fund managers will post much greater details about this new venture within the fund segment of our site soon. In addition, there will be an opportunity for 20 accredited investors to participate as well. The partnership has agreed to allow 20 accredited investors to take a stake in the venture along with GBBG. We hope the end result is a system that ‘revolutionizes’ how people move in and out of bitcoin within their local currencies.

Moving in and out of bitcoin easily, and in compliance with local authorities, is only half the battle. The other half of the battle involves vendors. There simply needs to be a huge number of vendors that accept bitcoin before the masses will adapt it as a payment method. Our fund managers have been working diligently to uncover entrepreneurial opportunities in this arena as well. They have discovered many promising concepts, and decided to take a stake in one.

GBBG has taken a sizeable position in another venture that is in the planning stages for developing an online auction to rival eBay. The idea is to produce a system that will allow people throughout the world to buy and sell goods through an auction environment where all transactions are processed via bitcoin. Just like eBay there will be “Buy it Now” options, buyer and seller protection systems, and much more. The plan is to develop a very sophisticated and feature-rich global auction. We feel the blueprints for this auction are very well thought.

Since GBBG will be a major partner in this new venture, we will also benefit from a major share of the revenue and profits generated. Again, we will share our revenue with our members through our revenue sharing matrix. Also, we again negotiated with the developers to include a GBBG login within all the auction applications. This way, any member of GBBG that uses the auction to buy or sell goods or services will also be earning GBBG profit sharing points.

Our fund managers will post much greater details about this new auction venture within the fund segment of our site soon. In addition, there will be an opportunity for 20 accredited investors to participate as well. The partnership has agreed to allow 20 accredited investors to take a stake in the auction venture along with GBBG. We hope to produce a vibrant, growing marketplace where people all over the world buy and sell goods and services using bitcoin as their payment method.

We hope our members are excited with this news. We truly feel both of these ventures contain the ingredients necessary to be successful and profitable. Our goal is to help bitcoin become a mainstream payment system. We will divert our attention from our core product for a bit so we can participate in a few ventures we feel will deliver mainstream masses to bitcoin. Then, when bitcoin is more widely used as a payment system, rather than a speculative investment, we will roll out our core product. We still fully intend to fill our profit sharing matrix in July. We are constantly seeking ways to bring multiple streams of bitcoin income into the GBBG fold. This way, we have multiple lines generating revenue that can be shared with our members.
sr. member
Activity: 423
Merit: 250
May 13, 2013, 09:43:34 AM
Dave, this is 100% a scam, but because of confirmation bias you will not realize this until it's too late.

Whatever you do, stop giving them money. They are stealing your money and giving you a very very small amount of it back to keep you recruiting more people.

The reason they have no contact information, and call themselves the "ANONYMOUS ORGANIZATION" on Twitter, is that when they run out of money to steal and disappear, they don't want to be traced.

I'm not spending my time trying to prove you wrong. I just hate seeing naive people taken advantages of.

The only money I gave them was when I bought founder positions originally. I also put 2btc into the GBBG fund. Apart from that I haven't put any money in since and unless I wanted more positions I don't plan to. Once you have a founder position there is not really any reason to have to put anything else in, that is your position that gives you a spot in the revenue share when it starts.

As for contact info, there are many programs that do give contact info but it has never stopped them stealing peoples money. So I don't think that makes much difference at all. I understand what you are saying and there are many programs that do exactly what you say. One big difference is that they setup a different sort of compensation plan that is designed to get people to put more money in and in most cases recurring amounts. They also will often have unsustainable compensation structures. This is where this is different. If they really wanted to scam a lot of people and make the most they could, they would do what all the others scams do and not have it limited to bitcoin for paying in, they would accept payza, LR and others to maximise the money coming in. You could argue the gofundme is the bigger source and I guarantee if the GFM website thought it was a scam they would remove them quickly from the site.

That is one of the reasons this looks more legit. I am not naive, I tell it how I see it and I would agree that Bitbillions are not proven yet. I do think that they will do so in time. That will not be until after July though when they established stage 2 and 3 and move into stage 4. They have already gone 40 days longer than some naysayers in here predicted them to be around and do not show any signs of disappearing.

hero member
Activity: 756
Merit: 522
May 12, 2013, 08:47:56 AM
Dave, this is 100% a scam, but because of confirmation bias you will not realize this until it's too late.

Whatever you do, stop giving them money. They are stealing your money and giving you a very very small amount of it back to keep you recruiting more people.

The reason they have no contact information, and call themselves the "ANONYMOUS ORGANIZATION" on Twitter, is that when they run out of money to steal and disappear, they don't want to be traced.

I'm not spending my time trying to prove you wrong. I just hate seeing naive people taken advantages of.

He can't be that stupid. It's his thing.
newbie
Activity: 39
Merit: 0
May 12, 2013, 03:50:48 AM
Dave, this is 100% a scam, but because of confirmation bias you will not realize this until it's too late.

Whatever you do, stop giving them money. They are stealing your money and giving you a very very small amount of it back to keep you recruiting more people.

The reason they have no contact information, and call themselves the "ANONYMOUS ORGANIZATION" on Twitter, is that when they run out of money to steal and disappear, they don't want to be traced.

I'm not spending my time trying to prove you wrong. I just hate seeing naive people taken advantages of.
sr. member
Activity: 423
Merit: 250
May 12, 2013, 01:45:17 AM
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!  

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!

You bring up some good points although some of them are only partly true. I totally understand the principles you are implying are being used and I have seen it used many times in the past and currently on other programs. Can I prove that it is not the case with this program...no I can't. Nor can I prove it is not the case with almost any other program online. Until we get past July and they setup the matrix and begin revenue sharing there will be a lot of unknowns.

So a couple of corrections, there is currently no revenue sharing, so the small amounts being sent out you are talking about calling revenue share do not exist. The only amounts being sent out are Founder referral rewards, which is basically a commission on Founder signups (which you said there was no payments for, and there isn't for the matrix, but there isn't even a matrix yet).

Also I don't consider this an investment scheme. The GBBG Bitcoin Fund I would consider an investment scheme but not the bitbillions program.
As for Founder positions vs Free positions. That is voluntary, yes you can get placed higher in the matrix with them and earn Founder rewards, maybe later there will be other benefits as well. Still free members will be able to earn and yes it does all depend on Bitbillions generating a revenue. That is one of the things that makes it legitimate. The fake programs will often give members 'fake' money with promises that it is real money by doing what you say above, paying members from other members memberships or other dodgy so called products that is just stuff on their website itself.

So as I said you raised some good points and some of them cannot be proven either way until we get a few months after the matrix is established. Others you aren't fully correct on.

All up this is still a case of time will tell. There is a current update on the site
Quote
There will be a MAJOR announcement regarding earnings opportunities and the forward momentum of GBBG by May 13th, 2013. You DO NOT want to miss this! Pay attention to our blog for this announcement.

I'm not sure what it will be about but will be interesting to see what they have coming up.
sr. member
Activity: 423
Merit: 250
May 12, 2013, 12:38:48 AM
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.

LOL !

No I'm not the creator. I'm surprised they even have a phone icon, the whole site talks about being anonomous so to expect there to actually be a contact number is funny. I spose that was their idea of humour. I'm surprised there is a twitter account though.
newbie
Activity: 39
Merit: 0
May 10, 2013, 02:09:10 PM
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;
Quote
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.
sr. member
Activity: 471
Merit: 256
May 09, 2013, 10:32:42 PM

Or people that came in to read were mostly bright enough...

Not from what I have seen in this forum, quite the opposite actually.

yay. More passive-aggressive insults.
sr. member
Activity: 423
Merit: 250
May 04, 2013, 07:56:06 AM
Just because nobody else is posting does not mean nobody else is reading it.

like Cheesy

He hits refresh all day to get the view count up LOL
That's probably true.  Wink
Or people that came in to read were mostly bright enough...

Not from what I have seen in this forum, quite the opposite actually.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
May 03, 2013, 09:03:31 AM
Just because nobody else is posting does not mean nobody else is reading it.

like Cheesy

He hits refresh all day to get the view count up LOL
That's probably true.  Wink
Or people that came in to read were mostly bright enough...
legendary
Activity: 1498
Merit: 1000
May 02, 2013, 02:33:49 PM
Just because nobody else is posting does not mean nobody else is reading it.

like Cheesy

He hits refresh all day to get the view count up LOL
sr. member
Activity: 423
Merit: 250
May 03, 2013, 08:56:47 AM
Just because nobody else is posting does not mean nobody else is reading it.

like Cheesy

He hits refresh all day to get the view count up LOL

Anyone that does that must be seriously desperate. I don't have time for doing stuff like that.
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