I made 22 cents (0.22 USD) on the first 100,000 searches and now 1 cent (0.01 USD) on the last 71,000.  Doesn't add up.  I should be getting more hits on my words with the growing number of users over the past week, but the rate has seemed to decline...hmm...something doesn't seem right about this picture.

Worst of my lifetime?  LOL.  Exaggerate much?

I could have invested $10K in this (I haven't, but hypothetically could have) and this still wouldn't stand a chance at being the worst investment that I've made.  Not that it's any of your business, but going to college was by far the worst investment that I've made, 4 years gone for an education that I don't use or have much interest in, like losing $400K dollars if you ask me (most actual costs covered by a scholarship) - time is valuable.  I was stupid at the time...oh well, lesson learned.

The fact of the matter is that this is a relatively low risk play, with a potential high reward, albeit maybe not likely (but who can say for sure?).  I think it's safe to say that nobody is dropping 5% of their total assets into this.  Most are likely putting in less than half of 1%, so it's not like the risk is great to anybody, besides the company itself, of course.  Losing $90 isn't the end of the world you know?

But making 1,000% on your original investment is a big deal, even if you only have $90 invested, and it IS possible here if this thing evolves and draws in a sufficient amount of interest.  I think most of the investors here understand that if this is ever going to be paying us profits that it will be 5 or more years down the road.  It's likely going to take some time, with the help of company (paid) ads and organic (word of mouth) ads.

I think the profit line for most of us invested in keywords is going to be 100,000 registered users.

So far I've made 3.3 cents on my keywords since the beta launch (I believe it was 6 days ago), on pace to make about 4 cents by the 10,000th search, this with 1,287 users.  So, with 1,287 users, we're on pace for maybe 10,000 searches after 1 week, or 520,000 searches per year, which at current payout and user search rate, would give me about $2.08 (4 cents per week times 52 weeks per year).

Ten thousand users is about 7.77 times as much as ST currently has; thus, it would presumably make 7.77 times the returns on searches, or $16.16 per year.  At 100,000 users, revenues would jump up ten times more, putting me at about $161.60.  One million users would push the decimal over one more time, making it $1,616.00.  Ten million is where it starts to become really attractive - $16,160.00 per year.  One hundred million users is $161,600.00, etc., etc.

Since all of the keywords were sold above $90.00, if my memory serves me for what the bitcoin prices were for each of the price slabs, unless we all want to be waiting around for the rest of our lives to make back our original investments, if even (the case for having around 10,000 users, searching at the current rate), we should be shooting for the 100 thousand user mark, as a first major goal, which could have us reaching our investments after a decade.

Of course, we'd prefer to make it back much sooner than that, which is why we ultimately should shoot for 1 million plus users, which could be paying us back after 1 year at current payout and user rate.  But I think 100,000 users is a big hurdle to getting there, and a worthy milestone to shoot for as we try to grow this network.

We're currently only a little over 1 hundredth of the way there, but there has to be over 500 different people out there that hold keywords, probably closer to 1,000, that each have a vested interest in the success of their investments, which is already half of what it takes to bring more eyes to ST.  The other half is taking the energy to convert some of that interest into spreading the word about ST through word of mouth and social media.

That's where we, the ST keyword owners come in.  While ST's own advertisement efforts might eventually be successful at bringing in 100,000 + users, our own efforts to spread the word could cut the time that it takes to reach those numbers by half, or possibly even more.

I've already made some efforts to create an awareness about ST through simple youtube comments to bitcoin related videos and have mentioned it to some of my work buddies and a few family members and I plan to do more by perhaps creating a youtube video about ST that highlights its strengths and then using some SEO (search engine optimization) to drive some more eyes there.  The key is to create as big of a physical footprint (word of mouth) and cyber footprint (use of social media like facebook, twitter, and youtube) as possible, since the spread of awareness about ST is the only possible way for there to be a chance for more people to sign up (I know that this is an obvious statement, but it doesn't hurt to be reminded).

I have a small critique about the "keyword miner" page:

Under the heading "pool statistics", the e from "current price" as well as the e from "search trade" are entered underneath those words (you see "current pric" with an e underneath it and "search trad" with an e under it).  I don't know if this is something specific to my browser (firefox) or not.

Just thought you'd like to know.  It's only a small cosmetic thing, but these types of things can definitely detract from the sense of professionalism of a website.

I officially made my first cent on searchtrade!!!


"songs" is killinnnnnnnnnn it

I made some searches earlier this morning (about 5, I think) and then checked my wallet to see if I earned anything for the searches and it showed up that I did, but then, just a few minutes ago, I logged back onto my account and it said that I still have 40 paid searches, so I checked my account to see if it still had my earlier searches logged and it didn't (it showed no paid searches).

I searched a few of my own keywords earlier and the earnings for those still show up in my wallet.

Just thought you should know this during beta phase, as this is something that will surely turn people away if it keeps happening.

Also, a suggestion: can you make it show how many times keywords have been searched within the wallet?

I'm asking 10 BTC for the word "song", for anyone else out there reading this that's interested in owning a word that will be a big earner if ST takes off in the future, btw.  I may decide to take this offer off of the table at any time, so don't hesitate if it feels right

Put customer service on hold?

Man, you've got a lot to learn about business, my friend.  When people have money on the line, the last thing that they want to hear is "....well, we have it stored away currently in a safe place...just trust us...no, you can't have it back...no, it isn't doing anything for you sitting with us...but it might someday, when (if) we have things running smoothly..."; meanwhile, the people who bought keywords, whom had the impression, based on information coming directly from you and your site (countdown timer to launch), that it would launch over 40 days ago, are still sitting around, hoping that they haven't been duped, while looking at a site that appears from my end to be running less smoothly than it did 30 days ago.

Perhaps it angers you to hear these kinds of complaints, if indeed you're an honest person who's really trying to make this all work, but, I guess my point is, when you fail to meet deadlines and then give little in the way of commentary on updates after that failure, you'd better get used to it.  It's kind of the way that life works in these types of scenarios.

Honest or not, when you mess up with people's money on the line, you should expect some disappointment and anger to be expressed towards you and you must understand that they will only put up with so much before they decide to give up on it - and this means a failed project for you - so this is a big deal for everyone with money involved.  

You've got to understand how this can look from the investor's perspective.  If you want to win people over you can't be dithering with customer service and announcing changes (delays) after the fact.  You must be as transparent and accommodating to your customers as possible.  You should be warning us about delays and problems well before they lead to frustrated customers feeling the need to email you their concerns about you missing on release dates.

Where is your head in this?  Do you care at all about satisfying your current customers; the one's that have forked out well over 500 BTC to your project?  The way I see it, you owe us frequent updates, especially now that the original launch date was missed by over a month.  Weren't you saying earlier that you have something like 30+ employees working for you?  Are you telling me that you can't afford to have just one of them spend a little time answering emails and sending out updates on your own forum?  You tell me that you care so much about this project, but I don't see it.  All I see is a few empty words in a forum comment once a week or so.  I don't sense a passion here at all.  Maybe I'm wrong...hopefully I am, for the sake of keyword investors.

I have a stake in this too, you know.  I want you to treat customers with respect, because I know that it's the only way to win them over and have them become advertisements for your product, and I want this to be a success, because my money is on the line.

Why is your login telling me that "there is no user registered with that email" when I know that I'm entering my email address correctly and I've logged on with it at least 5 separate times on your site without any issues?  I bought some keywords with that address, so this I take issue with this.  You said somewhere on your site not to worry about login details, that you're keeping them safe, or something along those lines...well, it appears that you aren't, since this tells me that you lost all my "user info" and proof that I paid for the words that I did (money that is washed down the drain for nothing as far as I'm concerned).

So did ST launch or what?

Or was the countdown for the "coming soon" status?  lol

Yeah...maybe...or maybe not.

Who's to say they won't postpone it another year after this month extension is up?

Then another decade after that year is over...then a century...millennium...

The fact of the matter is that there are people who've invested money in keywords that they were under the impression would have a chance to start generating some type of return by X date.  Approximate or not, they've missed the mark by at least 1 month and who knows if this thing's ever going to launch.

In the meantime, Joe and Sally Schmoe, who've both purchased 5 keywords for $500+ (USD), are growing a bit angrier and angrier the longer they have to wait for some kind of sign that a ROI is even possible.  They may begin to wonder whether they were duped by a scammer, if not after the first postponement, then certainly by the second or third.

And they certainly aren't going to go around to their family members and go screaming from mountain tops about how wonderful and lovely Searchtrade and its keyword trading system is when a year after purchasing their keywords, facing renewal fees for said keywords, the site still hasn't officially launched.

Do you get my drift?

Maybe I'm just being too pessimistic.  Maybe I've grown a bit too cynical over the years, after being victim a few too many times to the ugly side of the human psyche (anger, greed, envy, lust, etc.).  Perhaps.

Or perhaps someone, somewhere, is pulling off a half-assed con, utilizing the easiest payment system to scam a worldwide market, feeding off of the hopes and faith of ignorant folk spanning all corners of the globe.  Perhaps.

Or perhaps not.  

Who to trust?  Some dude that has a small infra-structure of photos out there on the inter-web that makes it appear like a certain company exists, which could have been thrown together in a couple of hours by a single person, perhaps planned out a year or two ago?  Yourself?  Some other dude on the comments section, who's just as anonymous as the other dude?

Let's all make common sense common, together.  Realize the great risk that comes with this "play".

Realize that transparency is a real issue here with Searchtrade.com.

Realize that, in less than 3 months:

1.)  ST changed their pre-sale "slabs", and pricing increments for those slabs, AFTER people started to buy keywords.
2.)  ST still hasn't made it clear how much it will cost to renew keywords and, going off of recent track record, they may decide on some ridiculous renewal fee that will completely negate the potential rewards of paying a high amount of money for keywords early in the sale process, looking forward to company growth and ROI potential.  They also haven't made it clear, as far as I'm concerned, from what date the countdown to renewal begins (when keyword is purchased? from the launch date for people who bought them pre-launch?)
3.) ST failed to deliver on a promise to provide signature proof that they were (are) in possession of the bitcoin funds that they claim to have accumulated.

...and there is probably more that I'm missing.

All that we have to go off of right now is this, more or less, anonymous person's words and actions.  Seeing that the actions aren't aligning with earlier words, there's a good reason why people are having a difficult time trusting that this is all legit.

Time reveals all.

Apparently, 44 more days to go now...with no mention of it anywhere or explanation for why they postponed the launch.

Another red flag.

I don't know why they'd put up a billboard ad, which I assume has and will continue to bring new people to their site, giving them and all the previous registered users and keyword purchasers the impression that it will launch in X days, only to postpone it by 20+ days once that launch date approaches.
 
What can those extra 20 days give them that could possibly offset all the anger and frustration that essentially lying about the launch date will create for their users?

This is the stage where this company must build TRUST within its user base and the fence sitters out there.

I have a feeling that this move just lost them a lot of fence sitters and has diminished any trust that registered users might have felt towards this operation and its management.

This certainly appears "scammish" at this time.

Another milestone hit:

1,000+ registered traders!

Good luck to keyword owners  

A little over 27 days left until Searchtrade launch.

Beautiful billboard.

Times Square, New York, NY, next?  Just joking.  Would be cool if you ended up with a billboard there someday, though.  Probably means that you've already "made it" if you have the money to spend to beat out the competition for that space, which I like to think about.

Keep up the hard work, Vishal.  Persistence pays huge dividends.

Fitting that the last two words are "orgasm" and "beach".

Nothing beats an orgasm on the beach to celebrate such a milestone!

Yeah, I saw on a youtube video by Mike Maloney, I believe his name is, that banks may legally give out 90% more in credit/ loans than they actually hold.  They keep 10% of what is deposited, send the other 90% away as a loan or what have you, and then pay you back in "credits" for that 90% that they spent from your deposit, basically creating money out of thin air.

I think I said that right...?

Good luck on your bitcoin trading!

You were helpful.  I was in need of another perspective for solutions and you were helpful in that respect.

I ended up just googling "coinbase exchange" and entering it that way, to find that I was logged in there and was free from that side to sell my bitcoins after transferring from my coinbase wallet.  I don't know why it took me so long to come up with that idea...I guess I was too frustrated with not being able to enter it from the coinbase wallet to leave room for it and after calming down a bit I had a moment of clarity.

My buy/sell tab doesn't work at all now for my coinbase wallet (before I could buy, but not sell from it), it's basically just "dead" text, so I'm not sure what's going on with that.  I've yet to contact a rep about it, more out of my laziness than anything (lazy after I was finally able to sell, that is), but they do seem to be hard to come by lately.

I sold at $409.33 yesterday and $471.95 this morning, btw.

Thanks again for your help and thanks to the rest of you who offered your suggestions.

I thank you for your help, Minecache.

I'll send you some btc for your time.

For now I'm going to leave and hopefully I'll get in touch with a Coinbase rep soon.

Browsers, yes.

Devices, I only have my laptop.  No smart phone and no tablet here.

I'm in no way implying that I've been scammed.

I'm just trying to get in contact with somebody that can explain to me why I'm experiencing so much trouble doing something that I expected would go smoothly and I'm pissed that there isn't a rep available to help me.  For all I know, I'm on my own.  It could be weeks before someone's available to talk to.  And by then, bitcoin could easily be back in the $250 to $300 range.

Like I said earlier, the sell button is greyed out.

When I click on the Buy/Sell bitcoin tab it brings me to a screen that shows the price chart.  Scrolling down I see a "number of daily transactions" chart.  Scrolling down more a "bitcoin money supply" pie chart.  And then, at the very bottom, there's only a "buy bitcoin" tab.

If I click on that it sends me to the familiar screen for buying bitcoin.  At the top of that page is "sell bitcoin", but it's black.  I try to click on it and it does nothing (no hyper-link, it's supposed to be clickable, but it's basically just text).

In other words, I can't sell anything.  Not even a satoshi.