Topic: BitBillions GBBG - page 8. (Read 51737 times)
Just saying this isn't magic, its ddos
The December special has been extended through January
JANUARY 2014 – BUY 5 GET 5 FREE
As we head faster and faster into our bright future, let’s keep the pace going!
Through January 31, 2014:
Upgrade 5 Accounts to Co-Founder and Receive 5 BONUS Co-Founder Accounts!
WOW! $150 in FREE Co-Founder Upgrades!
How to do this?
Click the button below to pay for 5 Co-Founder Upgrades
Send an email to [email protected] with your member ID number in the subject line and 10 member ID numbers in the body text that you wish to be upgraded to Co-Founder status.
JANUARY 2014 – BUY 5 GET 5 FREE
As we head faster and faster into our bright future, let’s keep the pace going!
Through January 31, 2014:
Upgrade 5 Accounts to Co-Founder and Receive 5 BONUS Co-Founder Accounts!
WOW! $150 in FREE Co-Founder Upgrades!
How to do this?
Click the button below to pay for 5 Co-Founder Upgrades
Send an email to [email protected] with your member ID number in the subject line and 10 member ID numbers in the body text that you wish to be upgraded to Co-Founder status.
LMAO this is such fun.
From http://www.bitbillions.com/shiny-new-servers/
So your shiny new big boy servers last you a month. Get fuckin lost scammers/extreme idiots.
Notice on the site
We are experiencing unprecedented demand on our servers and database. We are not fully sure the reason for this demand. Our staff is working diligently just to keep the website online at this time. We plan to work through the weekend to discover the cause of the problems and implement a solution. Until the servers and database are stabilized, we will NOT be able to conduct drawings, flash sales, or calculate and transfer points between sites. In addition, processing upgrades and other items may be extremely delayed. Please try to understand this inconvenience. It is either a hurdle we must face as rapidly growing company, or it is an attack on our systems we must find and block. We will let you know as soon as we discover the root of the problem and implement a plan to fix it. There may be periods of website interruption during this time. We are doing our best to prevent this. Thank you for your support!
We are experiencing unprecedented demand on our servers and database. We are not fully sure the reason for this demand. Our staff is working diligently just to keep the website online at this time. We plan to work through the weekend to discover the cause of the problems and implement a solution. Until the servers and database are stabilized, we will NOT be able to conduct drawings, flash sales, or calculate and transfer points between sites. In addition, processing upgrades and other items may be extremely delayed. Please try to understand this inconvenience. It is either a hurdle we must face as rapidly growing company, or it is an attack on our systems we must find and block. We will let you know as soon as we discover the root of the problem and implement a plan to fix it. There may be periods of website interruption during this time. We are doing our best to prevent this. Thank you for your support!
From http://www.bitbillions.com/shiny-new-servers/
Quote
Shiny New Servers
November 14, 2013
By bitadmin
Things are getting better and better every day around here. GBBG|Ware has solidified their very first major project. The initial retainer of 22 BTC was received to begin the project. This is just a drop in the bucket for the overall project. You can learn more about this in a recent post regarding this engagement, and on the new blog on the GBBG|Ware website. As a division of GBBG, our software firm has been working to improve the overal GBBG infrastructure.
You may have noticed some changes in server performance over the past 24 hours. GBBG|Ware has been working this week to migrate bitbillions.com, bitfeud.com, mybitcoinrewards.com, and iwantacar.com to our shiny new servers. :-) And we are very happy.
There were a few small glitches during the move. Most of these pertained to some out dated code and misconfigurations in our original sites. Now that our sites are moved in and unpacked, we really like our new digs. These new servers are fast and very comfortable. In addition, we have transitioned from old Linux/Apache to the ultra high-end Ubuntu/Nginx environment. This means that all GBBG websites are now running on the most modern server infrastructure available on earth. We have the same cool toys as the big boys now.
Thank you for your patience and support during our move.
November 14, 2013
By bitadmin
Things are getting better and better every day around here. GBBG|Ware has solidified their very first major project. The initial retainer of 22 BTC was received to begin the project. This is just a drop in the bucket for the overall project. You can learn more about this in a recent post regarding this engagement, and on the new blog on the GBBG|Ware website. As a division of GBBG, our software firm has been working to improve the overal GBBG infrastructure.
You may have noticed some changes in server performance over the past 24 hours. GBBG|Ware has been working this week to migrate bitbillions.com, bitfeud.com, mybitcoinrewards.com, and iwantacar.com to our shiny new servers. :-) And we are very happy.
There were a few small glitches during the move. Most of these pertained to some out dated code and misconfigurations in our original sites. Now that our sites are moved in and unpacked, we really like our new digs. These new servers are fast and very comfortable. In addition, we have transitioned from old Linux/Apache to the ultra high-end Ubuntu/Nginx environment. This means that all GBBG websites are now running on the most modern server infrastructure available on earth. We have the same cool toys as the big boys now.
Thank you for your patience and support during our move.
So your shiny new big boy servers last you a month. Get fuckin lost scammers/extreme idiots.
It's not the servers that are the problem. It is someone doing something that they are trying to determine what exactly. Information disclosed in the VIP room In the past days
Quote
I think our situation is more than some global peak in traffic. Over 9 BILLION queries on our db in 12 hours!
That is insane we are working on it.
Guys, maybe you all can help with keeping members informed. Let your downlines and others know, we will be working all weekend to stabilize servers and make some major database overhauls. Then, we will be back to "normal" (I hope) by Monday. We will run points, drawings, flash sales, etc. after Monday. We will manage upgrades as we can through the weekend. We are GROWING and that is very good, but we are also attacked a lot because bitcoin is not liked by many organizations and it is highly hacker attractive in other areas.
That is insane we are working on it.
Guys, maybe you all can help with keeping members informed. Let your downlines and others know, we will be working all weekend to stabilize servers and make some major database overhauls. Then, we will be back to "normal" (I hope) by Monday. We will run points, drawings, flash sales, etc. after Monday. We will manage upgrades as we can through the weekend. We are GROWING and that is very good, but we are also attacked a lot because bitcoin is not liked by many organizations and it is highly hacker attractive in other areas.
LMAO this is such fun.
From http://www.bitbillions.com/shiny-new-servers/
So your shiny new big boy servers last you a month. Get fuckin lost scammers/extreme idiots.
Notice on the site
We are experiencing unprecedented demand on our servers and database. We are not fully sure the reason for this demand. Our staff is working diligently just to keep the website online at this time. We plan to work through the weekend to discover the cause of the problems and implement a solution. Until the servers and database are stabilized, we will NOT be able to conduct drawings, flash sales, or calculate and transfer points between sites. In addition, processing upgrades and other items may be extremely delayed. Please try to understand this inconvenience. It is either a hurdle we must face as rapidly growing company, or it is an attack on our systems we must find and block. We will let you know as soon as we discover the root of the problem and implement a plan to fix it. There may be periods of website interruption during this time. We are doing our best to prevent this. Thank you for your support!
We are experiencing unprecedented demand on our servers and database. We are not fully sure the reason for this demand. Our staff is working diligently just to keep the website online at this time. We plan to work through the weekend to discover the cause of the problems and implement a solution. Until the servers and database are stabilized, we will NOT be able to conduct drawings, flash sales, or calculate and transfer points between sites. In addition, processing upgrades and other items may be extremely delayed. Please try to understand this inconvenience. It is either a hurdle we must face as rapidly growing company, or it is an attack on our systems we must find and block. We will let you know as soon as we discover the root of the problem and implement a plan to fix it. There may be periods of website interruption during this time. We are doing our best to prevent this. Thank you for your support!
From http://www.bitbillions.com/shiny-new-servers/
Quote
Shiny New Servers
November 14, 2013
By bitadmin
Things are getting better and better every day around here. GBBG|Ware has solidified their very first major project. The initial retainer of 22 BTC was received to begin the project. This is just a drop in the bucket for the overall project. You can learn more about this in a recent post regarding this engagement, and on the new blog on the GBBG|Ware website. As a division of GBBG, our software firm has been working to improve the overal GBBG infrastructure.
You may have noticed some changes in server performance over the past 24 hours. GBBG|Ware has been working this week to migrate bitbillions.com, bitfeud.com, mybitcoinrewards.com, and iwantacar.com to our shiny new servers. :-) And we are very happy.
There were a few small glitches during the move. Most of these pertained to some out dated code and misconfigurations in our original sites. Now that our sites are moved in and unpacked, we really like our new digs. These new servers are fast and very comfortable. In addition, we have transitioned from old Linux/Apache to the ultra high-end Ubuntu/Nginx environment. This means that all GBBG websites are now running on the most modern server infrastructure available on earth. We have the same cool toys as the big boys now.
Thank you for your patience and support during our move.
November 14, 2013
By bitadmin
Things are getting better and better every day around here. GBBG|Ware has solidified their very first major project. The initial retainer of 22 BTC was received to begin the project. This is just a drop in the bucket for the overall project. You can learn more about this in a recent post regarding this engagement, and on the new blog on the GBBG|Ware website. As a division of GBBG, our software firm has been working to improve the overal GBBG infrastructure.
You may have noticed some changes in server performance over the past 24 hours. GBBG|Ware has been working this week to migrate bitbillions.com, bitfeud.com, mybitcoinrewards.com, and iwantacar.com to our shiny new servers. :-) And we are very happy.
There were a few small glitches during the move. Most of these pertained to some out dated code and misconfigurations in our original sites. Now that our sites are moved in and unpacked, we really like our new digs. These new servers are fast and very comfortable. In addition, we have transitioned from old Linux/Apache to the ultra high-end Ubuntu/Nginx environment. This means that all GBBG websites are now running on the most modern server infrastructure available on earth. We have the same cool toys as the big boys now.
Thank you for your patience and support during our move.
So your shiny new big boy servers last you a month. Get fuckin lost scammers/extreme idiots.
Notice on the site
We are experiencing unprecedented demand on our servers and database. We are not fully sure the reason for this demand. Our staff is working diligently just to keep the website online at this time. We plan to work through the weekend to discover the cause of the problems and implement a solution. Until the servers and database are stabilized, we will NOT be able to conduct drawings, flash sales, or calculate and transfer points between sites. In addition, processing upgrades and other items may be extremely delayed. Please try to understand this inconvenience. It is either a hurdle we must face as rapidly growing company, or it is an attack on our systems we must find and block. We will let you know as soon as we discover the root of the problem and implement a plan to fix it. There may be periods of website interruption during this time. We are doing our best to prevent this. Thank you for your support!
We are experiencing unprecedented demand on our servers and database. We are not fully sure the reason for this demand. Our staff is working diligently just to keep the website online at this time. We plan to work through the weekend to discover the cause of the problems and implement a solution. Until the servers and database are stabilized, we will NOT be able to conduct drawings, flash sales, or calculate and transfer points between sites. In addition, processing upgrades and other items may be extremely delayed. Please try to understand this inconvenience. It is either a hurdle we must face as rapidly growing company, or it is an attack on our systems we must find and block. We will let you know as soon as we discover the root of the problem and implement a plan to fix it. There may be periods of website interruption during this time. We are doing our best to prevent this. Thank you for your support!
Yesterdays flash sale had 5 winners that are able to get $250 of bitcoin for just $125.
There was only 5 winners and it was only open to premium members but the next one is open to free members and will have 30 winners.
$10 for $5
Thursday, January 2, 2014
Around 6 AM EDT (NYC)
Limit: 30 Winners
Open to ALL MEMBERS
There was only 5 winners and it was only open to premium members but the next one is open to free members and will have 30 winners.
$10 for $5
Thursday, January 2, 2014
Around 6 AM EDT (NYC)
Limit: 30 Winners
Open to ALL MEMBERS
UPDATE
We will move all points from the earnings sources to bitbillions site on the 5th of January. We are implementing a new system for tracking points. From now on, points will be fed to bitbillions on the 5th of each month, for all points earned the prior month. All points earned from the last import (November 25th, 2013) through December 31st, 2013 will be imported on the 5th of January.
ALERT
There is a MAJOR blog post coming out in our blog by the 1st of January. You will NOT want to miss this one!!!
We will move all points from the earnings sources to bitbillions site on the 5th of January. We are implementing a new system for tracking points. From now on, points will be fed to bitbillions on the 5th of each month, for all points earned the prior month. All points earned from the last import (November 25th, 2013) through December 31st, 2013 will be imported on the 5th of January.
ALERT
There is a MAJOR blog post coming out in our blog by the 1st of January. You will NOT want to miss this one!!!
I digress
So now that you found that, you should understand more about how legitimate it actually is. If you are using that as the reference to 12 year olds then you have just defeated your own argument.
I thought this was worth posting. In the Bitbillions forum someone stated they thought it was a ponzi. GBBG admin replied and showed why it wasn't. Although I am sure MPOE-PR will say that it is all just lies, I am sure those here with more intelligence than a 12 year old will see the reality here. Here is a copy of the post.
Quote
Quote from: bitbillion on November 19, 2013, 05:03:57 AM
i signed up for Bitbillions a couple days ago- well its a ponzu scheme and nothing else- dont tell me anything diferent
i signed up for Bitbillions a couple days ago- well its a ponzu scheme and nothing else- dont tell me anything diferent
Quote
It is in the best interest of all members of bitbillions that we address loose-tongue remarks such as these. The person who made this post adamantly stated that bitbillions is a ponzi scheme and 'nothing else'. It would be a disservice not to provide the reasons why this is not a true and accurate statement. We believe wholeheartedly in truth, accuracy, and 100% transparency.
1. A ponzi scheme is a scheme where the perpetrator of such scheme takes money from one person in order to payout promised gains to another person. In otherwords, the ONLY source of 'earnings' to be generated for those that earn is that is comes from those that follow. In addition, a ponzi scheme normally promises unreasonable, and pre-defined earnings or returns upon investment.
bitbillions fails this test in two ways. First, we have verifiable revenue streams that are NOT dependent upon membership or paying one person solely from the receipts of another. Second, we make absolutely no promise of a pre-defined earnings amount for any member. Rather, we state up-front that earnings will be a function of the total revenues of the organization, divided by the total points earned by all members. This is a variable algorithm based completely in verifiable revenues and activity points.
2. A ponzi scheme has two very important components that absolutley do not apply to bitbillions
bitbillions fails both of these tests. First, ANY person on earth can participate in bitbillions and EARN points and bitcoins without ever paying a penny. Free members are allowed to participate, join earnings sources, earn points, and share in the revenues. Without ever paying anything to the site for any reason whatsoever. Second, membership fees are only 1 of the many sources of revenue. GBBG earns revenue by developing software for other organizations, supporting servers and IT infrastructure, selling advertising, selling game sponsorship, consulting, membership fees, and the direct consumer sales of products. Many of these revenue sources are already in place and can be verified (such as our recent 22BTC retainer from a software client). Many of these revenue sources will become reality in the future as we roll out new products. Therefore, bitbillions emphatically fails the ponzi scheme test.
Our company has already satisfied regulations with banking, credit card processing, and even PayPal Compliance Department to validate the legitimacy of our business plan and the fact we are NOT a ponzi scheme or scam. We will attach verification from the compliance division of PayPal upholding this statement. In addition, any person on earth can check the Transparency pages of our site to verify that we are actually delivering exactly on our payout promises to our members. 100% of commissions have been paid, as promised. 100% of pooled revenues have been set aside to be paid out to membership as promised. 100% of points have been assigned to members as promised. All of this is open, transparent, and verifiable.
We feel honesty, integrity, and transparency are paramount to our business model. People who read this thread should have accurate information by which to measure the loose-tongued remarks of the person that made the above post. Anyone may review the attached email to verify that the compliance department of one of the most respected financial organizations on earth has certified our business model. In addition, anyone may visit any of the transparency pages of any of our sites to verify the accuracy and integrity of our revenue, points, and compensation models.
We are so committed to integrity and honesty that we went out of our way to gather the approval of organizations such as PayPal before we even implemented them into our system. We wanted to ensure to regulators and compliance officials that we are operating truthfully and within the scope of the law. We also wanted to ensure to ourselves that our ideas, revenue, and compensation models were legitimate.
« Last Edit: November 19, 2013, 02:46:27 PM by GBBGadmin »
1. A ponzi scheme is a scheme where the perpetrator of such scheme takes money from one person in order to payout promised gains to another person. In otherwords, the ONLY source of 'earnings' to be generated for those that earn is that is comes from those that follow. In addition, a ponzi scheme normally promises unreasonable, and pre-defined earnings or returns upon investment.
bitbillions fails this test in two ways. First, we have verifiable revenue streams that are NOT dependent upon membership or paying one person solely from the receipts of another. Second, we make absolutely no promise of a pre-defined earnings amount for any member. Rather, we state up-front that earnings will be a function of the total revenues of the organization, divided by the total points earned by all members. This is a variable algorithm based completely in verifiable revenues and activity points.
2. A ponzi scheme has two very important components that absolutley do not apply to bitbillions
- In order to participate members are required to deposit funds
- The ONLY source of funds for the system is the deposits of participants
bitbillions fails both of these tests. First, ANY person on earth can participate in bitbillions and EARN points and bitcoins without ever paying a penny. Free members are allowed to participate, join earnings sources, earn points, and share in the revenues. Without ever paying anything to the site for any reason whatsoever. Second, membership fees are only 1 of the many sources of revenue. GBBG earns revenue by developing software for other organizations, supporting servers and IT infrastructure, selling advertising, selling game sponsorship, consulting, membership fees, and the direct consumer sales of products. Many of these revenue sources are already in place and can be verified (such as our recent 22BTC retainer from a software client). Many of these revenue sources will become reality in the future as we roll out new products. Therefore, bitbillions emphatically fails the ponzi scheme test.
Our company has already satisfied regulations with banking, credit card processing, and even PayPal Compliance Department to validate the legitimacy of our business plan and the fact we are NOT a ponzi scheme or scam. We will attach verification from the compliance division of PayPal upholding this statement. In addition, any person on earth can check the Transparency pages of our site to verify that we are actually delivering exactly on our payout promises to our members. 100% of commissions have been paid, as promised. 100% of pooled revenues have been set aside to be paid out to membership as promised. 100% of points have been assigned to members as promised. All of this is open, transparent, and verifiable.
We feel honesty, integrity, and transparency are paramount to our business model. People who read this thread should have accurate information by which to measure the loose-tongued remarks of the person that made the above post. Anyone may review the attached email to verify that the compliance department of one of the most respected financial organizations on earth has certified our business model. In addition, anyone may visit any of the transparency pages of any of our sites to verify the accuracy and integrity of our revenue, points, and compensation models.
We are so committed to integrity and honesty that we went out of our way to gather the approval of organizations such as PayPal before we even implemented them into our system. We wanted to ensure to regulators and compliance officials that we are operating truthfully and within the scope of the law. We also wanted to ensure to ourselves that our ideas, revenue, and compensation models were legitimate.
« Last Edit: November 19, 2013, 02:46:27 PM by GBBGadmin »
I thought this was worth posting. In the Bitbillions forum someone stated they thought it was a ponzi. GBBG admin replied and showed why it wasn't. Although I am sure MPOE-PR will say that it is all just lies, I am sure those here with more intelligence than a 12 year old will see the reality here. Here is a copy of the post.
Quote
Quote from: bitbillion on November 19, 2013, 05:03:57 AM
i signed up for Bitbillions a couple days ago- well its a ponzu scheme and nothing else- dont tell me anything diferent
i signed up for Bitbillions a couple days ago- well its a ponzu scheme and nothing else- dont tell me anything diferent
Quote
It is in the best interest of all members of bitbillions that we address loose-tongue remarks such as these. The person who made this post adamantly stated that bitbillions is a ponzi scheme and 'nothing else'. It would be a disservice not to provide the reasons why this is not a true and accurate statement. We believe wholeheartedly in truth, accuracy, and 100% transparency.
1. A ponzi scheme is a scheme where the perpetrator of such scheme takes money from one person in order to payout promised gains to another person. In otherwords, the ONLY source of 'earnings' to be generated for those that earn is that is comes from those that follow. In addition, a ponzi scheme normally promises unreasonable, and pre-defined earnings or returns upon investment.
bitbillions fails this test in two ways. First, we have verifiable revenue streams that are NOT dependent upon membership or paying one person solely from the receipts of another. Second, we make absolutely no promise of a pre-defined earnings amount for any member. Rather, we state up-front that earnings will be a function of the total revenues of the organization, divided by the total points earned by all members. This is a variable algorithm based completely in verifiable revenues and activity points.
2. A ponzi scheme has two very important components that absolutley do not apply to bitbillions
bitbillions fails both of these tests. First, ANY person on earth can participate in bitbillions and EARN points and bitcoins without ever paying a penny. Free members are allowed to participate, join earnings sources, earn points, and share in the revenues. Without ever paying anything to the site for any reason whatsoever. Second, membership fees are only 1 of the many sources of revenue. GBBG earns revenue by developing software for other organizations, supporting servers and IT infrastructure, selling advertising, selling game sponsorship, consulting, membership fees, and the direct consumer sales of products. Many of these revenue sources are already in place and can be verified (such as our recent 22BTC retainer from a software client). Many of these revenue sources will become reality in the future as we roll out new products. Therefore, bitbillions emphatically fails the ponzi scheme test.
Our company has already satisfied regulations with banking, credit card processing, and even PayPal Compliance Department to validate the legitimacy of our business plan and the fact we are NOT a ponzi scheme or scam. We will attach verification from the compliance division of PayPal upholding this statement. In addition, any person on earth can check the Transparency pages of our site to verify that we are actually delivering exactly on our payout promises to our members. 100% of commissions have been paid, as promised. 100% of pooled revenues have been set aside to be paid out to membership as promised. 100% of points have been assigned to members as promised. All of this is open, transparent, and verifiable.
We feel honesty, integrity, and transparency are paramount to our business model. People who read this thread should have accurate information by which to measure the loose-tongued remarks of the person that made the above post. Anyone may review the attached email to verify that the compliance department of one of the most respected financial organizations on earth has certified our business model. In addition, anyone may visit any of the transparency pages of any of our sites to verify the accuracy and integrity of our revenue, points, and compensation models.
We are so committed to integrity and honesty that we went out of our way to gather the approval of organizations such as PayPal before we even implemented them into our system. We wanted to ensure to regulators and compliance officials that we are operating truthfully and within the scope of the law. We also wanted to ensure to ourselves that our ideas, revenue, and compensation models were legitimate.
« Last Edit: November 19, 2013, 02:46:27 PM by GBBGadmin »
1. A ponzi scheme is a scheme where the perpetrator of such scheme takes money from one person in order to payout promised gains to another person. In otherwords, the ONLY source of 'earnings' to be generated for those that earn is that is comes from those that follow. In addition, a ponzi scheme normally promises unreasonable, and pre-defined earnings or returns upon investment.
bitbillions fails this test in two ways. First, we have verifiable revenue streams that are NOT dependent upon membership or paying one person solely from the receipts of another. Second, we make absolutely no promise of a pre-defined earnings amount for any member. Rather, we state up-front that earnings will be a function of the total revenues of the organization, divided by the total points earned by all members. This is a variable algorithm based completely in verifiable revenues and activity points.
2. A ponzi scheme has two very important components that absolutley do not apply to bitbillions
- In order to participate members are required to deposit funds
- The ONLY source of funds for the system is the deposits of participants
bitbillions fails both of these tests. First, ANY person on earth can participate in bitbillions and EARN points and bitcoins without ever paying a penny. Free members are allowed to participate, join earnings sources, earn points, and share in the revenues. Without ever paying anything to the site for any reason whatsoever. Second, membership fees are only 1 of the many sources of revenue. GBBG earns revenue by developing software for other organizations, supporting servers and IT infrastructure, selling advertising, selling game sponsorship, consulting, membership fees, and the direct consumer sales of products. Many of these revenue sources are already in place and can be verified (such as our recent 22BTC retainer from a software client). Many of these revenue sources will become reality in the future as we roll out new products. Therefore, bitbillions emphatically fails the ponzi scheme test.
Our company has already satisfied regulations with banking, credit card processing, and even PayPal Compliance Department to validate the legitimacy of our business plan and the fact we are NOT a ponzi scheme or scam. We will attach verification from the compliance division of PayPal upholding this statement. In addition, any person on earth can check the Transparency pages of our site to verify that we are actually delivering exactly on our payout promises to our members. 100% of commissions have been paid, as promised. 100% of pooled revenues have been set aside to be paid out to membership as promised. 100% of points have been assigned to members as promised. All of this is open, transparent, and verifiable.
We feel honesty, integrity, and transparency are paramount to our business model. People who read this thread should have accurate information by which to measure the loose-tongued remarks of the person that made the above post. Anyone may review the attached email to verify that the compliance department of one of the most respected financial organizations on earth has certified our business model. In addition, anyone may visit any of the transparency pages of any of our sites to verify the accuracy and integrity of our revenue, points, and compensation models.
We are so committed to integrity and honesty that we went out of our way to gather the approval of organizations such as PayPal before we even implemented them into our system. We wanted to ensure to regulators and compliance officials that we are operating truthfully and within the scope of the law. We also wanted to ensure to ourselves that our ideas, revenue, and compensation models were legitimate.
« Last Edit: November 19, 2013, 02:46:27 PM by GBBGadmin »
Lmao gbbe ware 5k minimum
The reason for that is that they do not want to work on small projects that any developer can do. If they did they would have so many little projects that would take up time that could be used on bigger more profitable ventures. These are high level developers not some teenagers working out of their bedroom. They are after bigger projects and are getting them. There are a few that are being worked on right now. From what I have heard there is possibly one that will be announced after completion within a couple of weeks.
It's despicable even conning 12 year olds with your fraudelent ponzi scheme. Ive also reported to the state authorities
What are you talking about?
1. This is not a ponzi scheme. If it was it would have wound up months ago like members on here predicted. They said it would be gone by June, well they were wrong.
2. GBBG is a Silver member of the Bitcoin Foundation. Do you know of any scam or ponzi that would be accepted into that membership?
3. What 12 year olds are you talking about. 12 year olds have nothing to do with this, are you sure you aren't on drugs?
4. I am not admin, I am just giving information that is available on the site and information that is allowed to be shared from the vip room.
5. Reporting to state authorities wont matter because it is all legal. There is nothing that is a scam about this (unlike some other programs promoted in this forum).
Bitpop, I am not sure where or who you are getting info from but it seems to be a long way from the truth. I suggest you do your own research and you will find that this company has not scammed any person since it started. It has paid members all commissions owed. It has not been hacked (unlike most other programs).
Just on the hacking issue, here is a quote from the vip room about hack attempts on the site. I have seen the actual data myself to verify it.
Quote
Speaking of security. We have been online now for over 9 months and not 1 single account has been compromised. In addition, not one single person has lost data, lost details, lost anything. I think we know what we are doing when it comes to security. According to our server logs, we thwarted 29,533 hacker attempts YESTERDAY alone. ~10,000 of them were brute-force attacks, over 2,000 were root attempts, and many other types of attempts. We defend against ~25,000 attacks per day. We have defended against more than 1 BILLION hack attempts since the launch of our site. That is not bad security in my mind...
One of the reasons our site keeps running slower and slower is the increase in hacker attacks. When we launched we had maybe 2 or 3 per day. We are nearly over 30,000 per day now. And growing. By this time next year, we may be fighting over 1,000,000 attempts per day.
Most people have NO IDEA what it really takes to protect sensitive data.
Can you imagine the average bitcoin site even trying to defend against 30,000 + hackers per day?
One of the reasons our site keeps running slower and slower is the increase in hacker attacks. When we launched we had maybe 2 or 3 per day. We are nearly over 30,000 per day now. And growing. By this time next year, we may be fighting over 1,000,000 attempts per day.
Most people have NO IDEA what it really takes to protect sensitive data.
Can you imagine the average bitcoin site even trying to defend against 30,000 + hackers per day?
I wonder how long, how many projects released, how many websites launched, before people here will begin to start taking this seriously. There are some really smart people here, surely they can see beyond the false scam claims. By my records GBBG has paid out around 250 BTC to members so far and the revenue share hasn't started yet.
It's despicable even conning 12 year olds with your fraudelent ponzi scheme. Ive also reported to the state authorities
Lmao gbbe ware 5k minimum
Please stop now. Congrats on winning your contest.
Please stop what?
Stop posting updates about a company that some people on here think doesn't exist. Sorry but my group is growing as is the company in general.
Speaking of growth current membership stats;
Total Members 35979
Founders 3,285
Co-Founders 1304
Reserves 232
Free 31,158
I've been tracking growth and it has been running at around 400-500 new members most days during December. There was 20,844 members on 1st of December.
There is supposed to be a Blog post coming out in the next day so I'll add it here when it comes out.
Please stop now. Congrats on winning your contest.
The December Upgrade Promo Prize has been drawn.
BITCOIN WINNER !!!
CONGRATULATIONS to member ID number: 1CZ5QirpdZJf7kA86EQvoxvM2amEUEx8um
You won 1.0 BTC in the drawing! You were entered into a drawing because you upgraded to Co-Founder between 2013-11-16 and 2013-12-15. And you were the lucky winner!
For 100% transparency, all members may see that we paid your winnings by clicking here: 15qkThGe1FraUPFRXQd4jHUixZofJkipp1
BITCOIN WINNER !!!
CONGRATULATIONS to member ID number: 1CZ5QirpdZJf7kA86EQvoxvM2amEUEx8um
You won 1.0 BTC in the drawing! You were entered into a drawing because you upgraded to Co-Founder between 2013-11-16 and 2013-12-15. And you were the lucky winner!
For 100% transparency, all members may see that we paid your winnings by clicking here: 15qkThGe1FraUPFRXQd4jHUixZofJkipp1
November referral upgrade commissions have been paid.
The commissions cover referral upgrades from November. That means any upgrades made in December are still pending and will be paid in next months commission run.
Also for anyone that doubts the legitimacy of GBBG they are Silver members of the Bitcoin Foundation. You can see that they are on the Bitcoin Foundation members page https://members.bitcoinfoundation.org/current
The commissions cover referral upgrades from November. That means any upgrades made in December are still pending and will be paid in next months commission run.
Also for anyone that doubts the legitimacy of GBBG they are Silver members of the Bitcoin Foundation. You can see that they are on the Bitcoin Foundation members page https://members.bitcoinfoundation.org/current
Results of the 1 BTC drawing which was delayed to 02Dec13 and subsequent 0.1, 0.2 and 0.3 drawings held on 09Dec13. There is going to be drawings every monday for each pool until the funds allocated are back down to under the set amounts. Then it will have drawings as they get to those set amounts again. It means there will be drawings every monday for at least 6 weeks..
20131209-001 0.10 BTC ID: 17m3Mn8ZM5982GrDbdWx9VzqNQ4F11zF5A
Payout: 13LtDyd6dGPngSfwnoDAX65fnvmCWrpMwd
20131209-002 0.20 BTC ID: 14a3cYQyfH8JkujbbLmewCrSq1qECGwToF
Payout: 1ZnuCZK86EcPZHSEq1dAPR7PcZC5VrQHz
20131209-003 0.30 BTC ID: 1Bph5RzNbvVj9g9ikNsXhRPpmXDQXzTzB8
Payout: 1G57SbzTC7QFFGitqSV5HtNpNUXusf8tPB
20131202-001 1.00000000 BTC ID: 1MpBTqRWzJp6jNDtaRxzyjwoo1uWuvWW4g
Payout: 1Gg5hXypFBu6vkFd3zHs1YKw9JQc7jCLxo
20131209-001 0.10 BTC ID: 17m3Mn8ZM5982GrDbdWx9VzqNQ4F11zF5A
Payout: 13LtDyd6dGPngSfwnoDAX65fnvmCWrpMwd
20131209-002 0.20 BTC ID: 14a3cYQyfH8JkujbbLmewCrSq1qECGwToF
Payout: 1ZnuCZK86EcPZHSEq1dAPR7PcZC5VrQHz
20131209-003 0.30 BTC ID: 1Bph5RzNbvVj9g9ikNsXhRPpmXDQXzTzB8
Payout: 1G57SbzTC7QFFGitqSV5HtNpNUXusf8tPB
20131202-001 1.00000000 BTC ID: 1MpBTqRWzJp6jNDtaRxzyjwoo1uWuvWW4g
Payout: 1Gg5hXypFBu6vkFd3zHs1YKw9JQc7jCLxo
The My Bitcoin Rewards site (a GBBG site) has announced that it is going to award 1 Bitcoin on 30th of November. The site has three pools with various bitcoin amounts. Current;ly those are 1 BTC, 5 BTC and 10 BTC. Members earn entries by clicking on ads. Free members earn one entry per ad and premium members ($5 per month) earn 10 entries per ad. GBBG points for revenue share are also earned at the same rates as the entries.
Once the Pool reaches the amount set ie 1 BTC, a winner is randomly chosen from the entries in that pool.
Due to rapid rise there is about to be a change as indicated on the site.
The likelyhood is that after the drawing for the first pool, the pools will be adjusted to amounts that will fill more quickly. Considering that Bitcoin has grown by more than 10 times since the site started this is necessary otherwise it will take a long time for the pools to award members. I expect the amount could change to something like 0.1 BTC, 0.5 BTC and 1 BTC.
Once the Pool reaches the amount set ie 1 BTC, a winner is randomly chosen from the entries in that pool.
Due to rapid rise there is about to be a change as indicated on the site.
Quote
ALERT
Due to the rapid increase of BTC value and the opinion from our fund managers that BTC will continue to rise in value, we will hold a drawing for the 1st pool on Saturday, November 30, regardless of the number of BTC in the pool. We will also adjust all 3 pools to amounts more appropriate with current BTC values. This should make things MUCH MORE FUN AND EXCITING HERE!
Due to the rapid increase of BTC value and the opinion from our fund managers that BTC will continue to rise in value, we will hold a drawing for the 1st pool on Saturday, November 30, regardless of the number of BTC in the pool. We will also adjust all 3 pools to amounts more appropriate with current BTC values. This should make things MUCH MORE FUN AND EXCITING HERE!
The likelyhood is that after the drawing for the first pool, the pools will be adjusted to amounts that will fill more quickly. Considering that Bitcoin has grown by more than 10 times since the site started this is necessary otherwise it will take a long time for the pools to award members. I expect the amount could change to something like 0.1 BTC, 0.5 BTC and 1 BTC.
I thought this was worth posting. In the Bitbillions forum someone stated they thought it was a ponzi. GBBG admin replied and showed why it wasn't. Although I am sure MPOE-PR will say that it is all just lies, I am sure those here with more intelligence than a 12 year old will see the reality here. Here is a copy of the post.
Quote
Quote from: bitbillion on November 19, 2013, 05:03:57 AM
i signed up for Bitbillions a couple days ago- well its a ponzu scheme and nothing else- dont tell me anything diferent
i signed up for Bitbillions a couple days ago- well its a ponzu scheme and nothing else- dont tell me anything diferent
Quote
It is in the best interest of all members of bitbillions that we address loose-tongue remarks such as these. The person who made this post adamantly stated that bitbillions is a ponzi scheme and 'nothing else'. It would be a disservice not to provide the reasons why this is not a true and accurate statement. We believe wholeheartedly in truth, accuracy, and 100% transparency.
1. A ponzi scheme is a scheme where the perpetrator of such scheme takes money from one person in order to payout promised gains to another person. In otherwords, the ONLY source of 'earnings' to be generated for those that earn is that is comes from those that follow. In addition, a ponzi scheme normally promises unreasonable, and pre-defined earnings or returns upon investment.
bitbillions fails this test in two ways. First, we have verifiable revenue streams that are NOT dependent upon membership or paying one person solely from the receipts of another. Second, we make absolutely no promise of a pre-defined earnings amount for any member. Rather, we state up-front that earnings will be a function of the total revenues of the organization, divided by the total points earned by all members. This is a variable algorithm based completely in verifiable revenues and activity points.
2. A ponzi scheme has two very important components that absolutley do not apply to bitbillions
bitbillions fails both of these tests. First, ANY person on earth can participate in bitbillions and EARN points and bitcoins without ever paying a penny. Free members are allowed to participate, join earnings sources, earn points, and share in the revenues. Without ever paying anything to the site for any reason whatsoever. Second, membership fees are only 1 of the many sources of revenue. GBBG earns revenue by developing software for other organizations, supporting servers and IT infrastructure, selling advertising, selling game sponsorship, consulting, membership fees, and the direct consumer sales of products. Many of these revenue sources are already in place and can be verified (such as our recent 22BTC retainer from a software client). Many of these revenue sources will become reality in the future as we roll out new products. Therefore, bitbillions emphatically fails the ponzi scheme test.
Our company has already satisfied regulations with banking, credit card processing, and even PayPal Compliance Department to validate the legitimacy of our business plan and the fact we are NOT a ponzi scheme or scam. We will attach verification from the compliance division of PayPal upholding this statement. In addition, any person on earth can check the Transparency pages of our site to verify that we are actually delivering exactly on our payout promises to our members. 100% of commissions have been paid, as promised. 100% of pooled revenues have been set aside to be paid out to membership as promised. 100% of points have been assigned to members as promised. All of this is open, transparent, and verifiable.
We feel honesty, integrity, and transparency are paramount to our business model. People who read this thread should have accurate information by which to measure the loose-tongued remarks of the person that made the above post. Anyone may review the attached email to verify that the compliance department of one of the most respected financial organizations on earth has certified our business model. In addition, anyone may visit any of the transparency pages of any of our sites to verify the accuracy and integrity of our revenue, points, and compensation models.
We are so committed to integrity and honesty that we went out of our way to gather the approval of organizations such as PayPal before we even implemented them into our system. We wanted to ensure to regulators and compliance officials that we are operating truthfully and within the scope of the law. We also wanted to ensure to ourselves that our ideas, revenue, and compensation models were legitimate.
« Last Edit: November 19, 2013, 02:46:27 PM by GBBGadmin »
1. A ponzi scheme is a scheme where the perpetrator of such scheme takes money from one person in order to payout promised gains to another person. In otherwords, the ONLY source of 'earnings' to be generated for those that earn is that is comes from those that follow. In addition, a ponzi scheme normally promises unreasonable, and pre-defined earnings or returns upon investment.
bitbillions fails this test in two ways. First, we have verifiable revenue streams that are NOT dependent upon membership or paying one person solely from the receipts of another. Second, we make absolutely no promise of a pre-defined earnings amount for any member. Rather, we state up-front that earnings will be a function of the total revenues of the organization, divided by the total points earned by all members. This is a variable algorithm based completely in verifiable revenues and activity points.
2. A ponzi scheme has two very important components that absolutley do not apply to bitbillions
- In order to participate members are required to deposit funds
- The ONLY source of funds for the system is the deposits of participants
bitbillions fails both of these tests. First, ANY person on earth can participate in bitbillions and EARN points and bitcoins without ever paying a penny. Free members are allowed to participate, join earnings sources, earn points, and share in the revenues. Without ever paying anything to the site for any reason whatsoever. Second, membership fees are only 1 of the many sources of revenue. GBBG earns revenue by developing software for other organizations, supporting servers and IT infrastructure, selling advertising, selling game sponsorship, consulting, membership fees, and the direct consumer sales of products. Many of these revenue sources are already in place and can be verified (such as our recent 22BTC retainer from a software client). Many of these revenue sources will become reality in the future as we roll out new products. Therefore, bitbillions emphatically fails the ponzi scheme test.
Our company has already satisfied regulations with banking, credit card processing, and even PayPal Compliance Department to validate the legitimacy of our business plan and the fact we are NOT a ponzi scheme or scam. We will attach verification from the compliance division of PayPal upholding this statement. In addition, any person on earth can check the Transparency pages of our site to verify that we are actually delivering exactly on our payout promises to our members. 100% of commissions have been paid, as promised. 100% of pooled revenues have been set aside to be paid out to membership as promised. 100% of points have been assigned to members as promised. All of this is open, transparent, and verifiable.
We feel honesty, integrity, and transparency are paramount to our business model. People who read this thread should have accurate information by which to measure the loose-tongued remarks of the person that made the above post. Anyone may review the attached email to verify that the compliance department of one of the most respected financial organizations on earth has certified our business model. In addition, anyone may visit any of the transparency pages of any of our sites to verify the accuracy and integrity of our revenue, points, and compensation models.
We are so committed to integrity and honesty that we went out of our way to gather the approval of organizations such as PayPal before we even implemented them into our system. We wanted to ensure to regulators and compliance officials that we are operating truthfully and within the scope of the law. We also wanted to ensure to ourselves that our ideas, revenue, and compensation models were legitimate.
« Last Edit: November 19, 2013, 02:46:27 PM by GBBGadmin »
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