I don't generally buy advertising (with a few exceptions) and I would never send these guys any funds. I also would not want to be associated with the ads running here.
If you dislike bitcointalk, why come here at all? 
Topic: BitcoinTalk Ads income, who get them? Why? - page 2. (Read 2229 times)
The people involved in this forum earn money by running scam ads designed to defraud newcomers to Bitcoin. Michael Marquardt (Theymos) gets the money and apparently pays some of the moderators.
It should be noted that most of the money is not controlled by theymos, and he pays himself less than most global moderators. 
The people involved in this forum earn money by running scam ads designed to defraud newcomers to Bitcoin. Michael Marquardt (Theymos) gets the money and apparently pays some of the moderators. However, they have several $million due to the appreciation of Bitcoin and the donations made from the early days. I believe he stated that the funds are being saved in case they have legal expenses due to all the stuff they do which is highly questionable from a legal standpoint.
Why should it be up to the forum to determine which ads are for scams and which ones are legit? I can guarantee you that there was not conclusive evidence of most scams that were executed on here prior to the scam being brought to light. There is also likely some evidence of legit businesses of being scams prior to them earning a reputation. I get the feeling that you want the forum to have a higher standard as to what they will accept as advertisers so the price to advertise will go down so you can advertise your own business
It is a matter of degree of what knowledge the web site has. If you run a bunch of ads and one turns out to be a scam a web site would not be liable if they did not have knowledge beforehand. If the web site knew the ads were designed to scam people and they went ahead and worked with the advertiser and ran the ads anyway then they are liable. Often there is grey area which is why normal businesses set some sort of standard.
I don't generally buy advertising (with a few exceptions) and I would never send these guys any funds. I also would not want to be associated with the ads running here. In fact I won't run ads for any of the Bitcoin advertising services I have seen on web sites I operate because all the ones I had tried display highly questionable ads. I recently tried one and the first ad that showed up was some kind of "Litecoin pharmacy" and I immediately stopped serving the ads.
The people involved in this forum earn money by running scam ads designed to defraud newcomers to Bitcoin. Michael Marquardt (Theymos) gets the money and apparently pays some of the moderators. However, they have several $million due to the appreciation of Bitcoin and the donations made from the early days. I believe he stated that the funds are being saved in case they have legal expenses due to all the stuff they do which is highly questionable from a legal standpoint.
Why should it be up to the forum to determine which ads are for scams and which ones are legit? I can guarantee you that there was not conclusive evidence of most scams that were executed on here prior to the scam being brought to light. There is also likely some evidence of legit businesses of being scams prior to them earning a reputation. I get the feeling that you want the forum to have a higher standard as to what they will accept as advertisers so the price to advertise will go down so you can advertise your own business
The people involved in this forum earn money by running scam ads designed to defraud newcomers to Bitcoin. Michael Marquardt (Theymos) gets the money and apparently pays some of the moderators. However, they have several $million due to the appreciation of Bitcoin and the donations made from the early days. I believe he stated that the funds are being saved in case they have legal expenses due to all the stuff they do which is highly questionable from a legal standpoint.
I don't think few million $ saves them when the govt caught them.
The people involved in this forum earn money by running scam ads designed to defraud newcomers to Bitcoin. Michael Marquardt (Theymos) gets the money and apparently pays some of the moderators. However, they have several $million due to the appreciation of Bitcoin and the donations made from the early days. I believe he stated that the funds are being saved in case they have legal expenses due to all the stuff they do which is highly questionable from a legal standpoint.
It all goes to satoshi to fund his drug habbit and Lamboghini collection.
Well, 15% goes to paying off shills like me.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
It all goes to satoshi to fund his drug habbit and Lamboghini collection.
The forum sells ad space in the area beneath the first post of every topic page. About 25% of ad income goes to the forum moderators as thanks for all of their work. (There are many moderators, so each moderator gets only a small amount -- moderators should be seen as volunteers, not employees.) The rest is stored in the forum's treasury (verifiably), where it sits until the forum needs it.
We know Bitcointalk is earning a few ten btc/month.
I wonder for a while, that income going to whom pocket? And why?
I wonder for a while, that income going to whom pocket? And why?
Jump to: