Glad that you're taking this seriously! They are the people you need for BitBillions to take off.
Have you got in touch with James McCarthy (also known as Nefario) yet? He was a large supporter of businesses like BitBillions, and I feel he will be able to contribute to website development and marketing.
I also suggest purchasing a bulk amount of old and established accounts to promote your business - they're really quite effective as shown here:
https://bitcointalksearch.org/topic/received-pm-user-trying-to-purchase-my-bitcoin-forum-account-147631Now I know you are taking the mickey...there would be no benefit getting old accounts at all and as that thread shows people doing that are usually scammers anyway.
Neither of those businesses are online so I'm guessing they are failed businesses.
A quick search shows that James McCarthy was a scammer and as such would never have had interest in something as legitimate as this.
So TradeFortress, you might think you are funny but let's see what you think in about August. Funny thing is by the comments in here it probbaly is those types of people that would end up joining this and making a lot of money legitimately. Then they wouldnt need to do their scams. Still the one thing it looks like they were successful at is getting a lot of people to follow them originally.
I'll put it bluntly, if this was a ponzi here is how it would operate.
1. They wouldn't bother with bitcoin, it is just too hard to get a large amount of people to be able to pay that way. Instead they would try to have as many payment processors available as possible to garnish as much money as possible.
2. They often have a large startup cost, usually in the hundreds or thousands. For the ones that know it will fail fast
3. They often have a large referral commission and possibly several levels of referral commission, usually 50%+. So the people starting brag how much money they made, getting new members in.
4. They have at least a monthly subscription/membership whatever you want to call it. Or something else that people use their earnings to spend them on. So that there is money coming in all the time.
5. The more successful ones usually have a system where you reinvest for commissions, that way they don't pay as much out prolonging the ability to make people think they have made a lot of money which they dont try to withdraw because they think they are making more money.
6. It would be harder to withdraw any commissions, often withdrawals start alright then dry up as the money is not there to pay them.
7. They promote unrealistic returns (like 2% daily or almost any % daily or a large % over a certain amount of days, or you will make $5000 mth in 90 days) without anything showing how they will be able to pay them.
8. They would not have any plan to build anything apart from getting new deposits. This one is more difficult to know as they often will say they are making something (this one you can claim BitBillions are doing, but same with a lot of companies, until they release something to prove otherwise)
As for BitBillions and how they fit in the above.1. They decided (maybe mistakenly) to go with bitcoins because they see it as something that will be good in the future and has less chance of fraud revenue.
2. There is no startup cost (although there is the donation to become a founder member).
3. They do have a referral commission (this was a decision made to try to increase membership growth, originally they were not going to have any).
4. There is no monthly costs.
5. There is nothing to reinvest in.
6. Referral commission are sent directly to your bitcoin account, you do not have any commissions stuck within the program.
7. The compensation plan clearly shows that any income will be based on the company making money. It states different revenue schemes that will be available, until they start there will not be any revenue share.
8. 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.
Some of our FREE services will include:
- Communication with anyone, anywhere in the world, including unlimited global telephone calling
- Access to the largest database of music, movies, and books on earth
- Global payment processing, currency exchange, and banking with NO FEES
- Much, much more
As mentioned about the donations
Donations will be used to reward developers, pay for technical services that are necessary, and pay for hardware that is necessary. Once development and launch of the core product are complete, any remaining donations will be treated as follows: a) a portion will be held on reserve to cover technical needs, b) a portion will be given back to members through our normal points distribution system, c) a portion will be donated to charity.So TradeFortress I now know to take anything you say as total rubbish.
