Quote from: traderMax on January 24, 2017, 08:15:38 PM

Quote from: Bungeebones on January 10, 2017, 09:59:38 PM

Quote from: Velkro on January 10, 2017, 09:09:41 PM

Quote from: traderMax on January 07, 2017, 11:38:37 PM

Anyone who sees Bitcoin's popularity wants to make a profit from it. Network marketing is one of the sectors that wants to get this pastry share in the systems. Is it good to use bitcoin (crypto currency) by network marketing companies? How does this affect people's perspective on bitcoin?

For me MLM companies because you are refering to them probably, are like literally scam. They are always with little changes giving propaganda of success. You will be sucessfull, you will become rich, you will be great, you are great... just give us your money Wink

. They taking money for books (for you to learn of course), for teaching courses (for you to become great of course) etc.

Stay away from companies like that, you will loose your time and money.

I pretty much agree. One little talked about issue is the difference between a pyramid company (totally illegal) and a MLM (perfectly legal).

Any guess as to what separates the two - legally?

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just give us your money Wink

. They taking money for books (for you to learn of course), for teaching courses (for you to become great of course) etc.

When a company earns more from the participants than it does from sales to customers it is approaching the line of becoming an illegal pyramid.

In other words, if the participants all earn their money by getting people in it rather than by actually selling product then they are in dangerous waters.

That's why mine is free. The only "investment" I ask for is that they invest the web traffic to their website (80% of the time they aren't selling it or trying to monetize it so it is usually already going to waste). And, very important is the fact that the only product we sell is one created by the members themselves

Could you give the name of the MLM company that you work for if it doesn't matter to you?

I don't consider it a "MLM" company but it uses a multi-level commission system to pay the participants based upon their production. The production is meaured in their sales of web advertising which they accomplish through installing our API on their website. Visitors (those with websites) are our only target market so we don't pay "per click" like other ad networks. If you make a sale you get a perpetual 50% of whatever that advertiser spends.

The above has nothing to do with MLM. It is a straight sales commission no different that real estate (my background), insurance, cars and a host of others. Where it starts to get "deep" is when you realize everyone that signs up for advertising also owns a website. With that now out in the open we certainly would like to get that advertiser to also add our API to their website as well. In other words, each sale results in yet another lead to grow the company.

So for all those that are somehow scared of MLM I offer them the opportunity to opt out of the next FREE payment level and abandon the commissions on the earnings of those we recruit. We'll keep it if they insist and laugh all the way to the bank as they think how they avoided being "scammed".

Bungeebones.com, Blog4bitcoin.club, blogsbystudents.com and blog4healthyliving.com are some of our introductory demos. Feel free to register at as many free blog sites as you like FOR FREE (I hate to kick a dead horse but, darn, how much more FREE shit you want). So while Wordpress.com tells the Bitcoin community to stick it by stopping to accept Bitcoin as payments, I offer the same blogs for free and provide a potential to earn Bitcoin and I get accused of being a scammer! I'm getting pretty damm sick of some of the dumbasses.

If you already have a Wordpress site you can get a plugin. Sign up, advertise your site for free, install the plugin and YOU MIGHT earn Bitcoin. Whether you do or not depends on how quick the other dumbasses realize this isn't a scam - some are a bit slow so it may take a while. But then again, Wordpress runs 25% of the websites on the internet and if they all installed this plugin to earn Bitcoin then Bitcoin would be on 25% of the Internet overnight.