Post
Topic
Board Service Announcements
Re: New site with FREE Bitcoin Faucet and other opportunities!
by
ESM
on 19/03/2015, 13:35:25 UTC
Living up to your name Grumpster :p

Just feel the need to make sure people don't actually think they're getting a good deal here. I've looked through everything on the site & there's not a single thing that is competitive with other sites that run similar programs.

I've heard of making 100% on offerwalls, or even in extreme cases 150%, but this owner is making over 300%... it's pure greed.

Well all I can say is math is not your strong point because I assure you that yours isn't even close to being correct....not even close.

In defense to the incorrect data you have posted and to educate your ignorance we keep a % of the payout from the advertiser.....hence we couldn't make any more than 100% of the payout coming from the advertiser and that would mean the member would get nothing....which is OBVIOUSLY not the case.

To further educate your ignorance, while our offers may not be the highest paying out there they aren't the lowest paying either. However, I will tell you that a site that pays out in BTC and cryptos takes on further risk that traditional GPT sites don't. People want anonymity and hence use BTC but that also draws the cheaters out of the woodwork trying to cheat the site out of the payouts using various ways to hide their identity and location in hopes they can do offers that are not traditionally available to their country. In turn that increases the reversal rate on offers. We have to pay out now and it will be 30-60 days before we get paid and as you probably know there is little recourse to a payment in BTC that has been sent out. Hence we have to offset potential losses to the site as we will have to absorb them.

Now to even further educate your ignorance....in the course of business you need to look at your income and expenses and develop a business plan that works. There are 4 faucets on The Coin Mine that bleed coins all day long as we give them out for FREE. I know this might be a little difficult for you to figure out but where do you think the money comes from to pay for all that BTC and other coins we give out for free?

Now for the kicker. If you really think this site makes sooooo much money and we are being greedy then you would quit wasting your time posting negative comments in a forum and do something far more intelligent and productive like opening a similar and competing site to grab a large percent of the market share and make tons of money. But I have a feeling that since you have proven you don't have a clue about math....unlikely you have a clue about this business as you said "On your offer walls you're paying $0.50 worth of points for offers that I personally know pay you over $2 on conversion." and I assure you that once again you are incorrect in your PERSONAL ASSessment because there isn't an offerwall on the site set to pay out as low as 25%....let me do the math for your dumb ass....$0.50/$2.00=0.25 or 25%. Do you understand that equation or do I need to further spell it out for you?

So basically there is not 1 thing correct in your post....not even 1 thing. Its a shame you just lie and lie about things you really don't have a clue about or understand. Sad