Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
Its your product so you can do what you like but here is a suggestion:
Offer a 30 day trial license instead of 1 week.
Lets look at some scenarios:
Customer A decides to try out your product for 1 week using $100 bucks on BTC-E. In that 1 week he performs several automated trades and maybe he turns a profit 1 or 2 of the days but by the end of the week he is under 100,do you think he is likely to sign up?
Customer B decides to try out your product for 1 month and using $100 bucks on BTC-E. In that 1 month he is under 100 bucks during the 1st week or so but by the end of the month he has earned a profit of about 15%, do you think he is likely to sign up?
Offer a 30 day trial license instead of 1 week.
Lets look at some scenarios:
Customer A decides to try out your product for 1 week using $100 bucks on BTC-E. In that 1 week he performs several automated trades and maybe he turns a profit 1 or 2 of the days but by the end of the week he is under 100,do you think he is likely to sign up?
Customer B decides to try out your product for 1 month and using $100 bucks on BTC-E. In that 1 month he is under 100 bucks during the 1st week or so but by the end of the month he has earned a profit of about 15%, do you think he is likely to sign up?
Pablo would be insane to give a full month for free.. he's already stated multiple times that he has no problem with people extending the one week trial to two weeks if they feel so inclined and need more time to make up their mind. If he offered one month, many people will likely turn it into two months... and then anyone who paid for the three month package will be left in the cold. IMHO, if someone comes to Butter Bot and after one week expects it to make them riches, they probably don't understand EMA trading strategy and perhaps Butter Bot just isn't for them.
I disagree. I am guessing he keeps track how many times someone renews a trial license and decides when to prevent them obtaining more. If he offered a 1 month license and prevented users from renewing for another month, it would be basically the same amount of time but gives people an opportunity to actually pull a profit without having to cheat the system.
When you buy a new car, you get a quick test drive for a couple of hours or sometimes you're able to keep the car overnight. Sure you could do a few errands in the new car while you were test driving it, but that's not the point, it's not intended to be a means of transportation during the test drive, it's meant to be long enough to make up your mind on whether it's going to work for you and your family.
You're spending thousands of dollars on a car and you get a few hours or overnight; you're spending a hundred or so dollars on Butter Bot and you get to trial it for a week - that is more than generous.
So how about you make up your mind by reading the extensive threads on the subject and stop wasting everyone's time by sounding like a poor man begging for a month's free trial?
