All of the bickering and arguments on here:

How long must we suffer this.

Nobody is "making up excuses" - I've been completely transparent and honest at all times.
We haven't implemented CPC/CPM network campaigns yet because it is not top priority to us. I know it is to you, but you aren't our only user. As I've said repeatedly, its on our schedule and will be done at the appropriate time.

Did you actually read my post? I said that we already have a system that excludes many "fake" views/clicks including those from TOR/own publishers - so these are NOT affecting the stats. This is ALREADY happening and we are constantly improving it.
And I don't understand what the 10% network pool fee has to do with anything. This is roughly averaging $7 per day and is our only income towards the cost of running the service - which I can assure you costs a lot more than $7 per day.

Just wanted to reply to a few of the concerns posted above and try to clear them up...

1) Legit/Real vs Fake views/clicks
We already automatically exclude a large number of views and clicks that we deem are fake or highly suspicious.
These include (but are not limited to)...
 a) Views/clicks from people using the TOR network
 b) Views/clicks from sites such as HitLeap - we have a long blacklist of such sites that is kept constantly up to date
 c) Views/clicks from any IP addresses associated with the publisher
So we can assure advertisers that we are actively doing are utmost to ensure that the vast majority of views/clicks are genuine - but of course we will never be able to guarantee 100%.
We already frequently ban publishers who are deliberately breaking these rules - and we will continue to do so, after full investigation of each case.

2) CPC campaigns
We already have direct CPC campaigns. Network CPC (and CPM) campaigns are on our schedule to do, but are not currently top priority as we are not being told there is much demand for this from most advertisers - other than the few requests we have noted on this forum. These will come eventually but even so, will not really make any difference to (1) above - in fact it is probably more likely that publishers might try to fake clicks!

3) @iawgoM - I looked at our logs for the ad space that you mentioned. It seems that a large number of the views and clicks are showing to be from the 'Googlebot' web crawler. This may either be some problem with the Googlebot (repeatedly crawling this site) or could potentially be someone imitating it fraudulently. Either way, you are right that these should not be counting towards the view/click statistics. This will explain your high bounce rate. I have checked and this is the only ad space that has this problem, there are only a total of 7 clicks for all the other ad spaces put together from the 'Googlebot'
There have been no direct CPM or CPC campaigns run against this ad space, so there are no advertisers to refund.
Network campaigns are paid by the day, so are not really relevant here - all it means is that you have received a (relatively small) amount of extra traffic from the Googlebot (or an imitator!).
We have now put in place a system to exclude this type of traffic so hopefully you not see this particular problem going forward.

I like this one! Nice Business model. Once Bitcoin gets widely adopted these type of sites will become widely adopted.

CPC has been available for well over a month. But this can be gamed, too. Just analyzing traffic is a great way to kill off the traffic exchanges -- it's easy to see where hits are coming from, and there are "workarounds" people use that are pretty obvious as well.

that is the issue with CPM. CPC would kill these traffic exchanges,

Quickseller, please listen to me  . You should remove the word 'professional' from your personal text.

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I think Wardrick's forum account was hacked in someway and he is not the real proprietary of the account.