Got up a bit early so might have missed a question or two, but please bear with me I'll try and address it all here in this post.
Basicly what you are saying, is in the future this will become a sceme. I joined this site because it was you who made and was running it, since you where a valued memeber of easybitco chat.
I understand the part that your study is more important atm, and whish you the best with that, but selling this site is the worst you can do to your members.
I have the deepest understand for why you feel this way - in fact, it was a tough decision to move forward with this. However, at this stage we are fresh out of ideas since we simply do not have enough time to move forward with MBM anymore.
This should probably be in the Auctions board, since it's not a direct selling of the website for a fixed price.
- Any development process towards the upgrade
Does that mean that the new owner will get the development of what you've already done towards v2? Can you specify how much you've done and how much there is required to do?
Yes of course the new owner will get the current script + all of the development towards 2.0.
We have almost all of the backend functionality for 2.0:
- Registration / signing
- Active Mining
- Passive mining
- Market
- General game functionality with movement etc
- A bunch of graphics for the game
What is lacking at this stage is basically to put it all together in the game, test it with the community and release it publicly.
I will have Richard post the exact details of what needs done here in a few hours.
That's a real bummer. Can you at least keep the game running while you're working on the sale? The last few days that I've tried to do the active mining, the amount of my resources has not advanced at all.
Of course the issue you're speaking of was a memory issue with the current hosting plan but it has been fixed now.
The game will run throughout the auction.
so christian has finally destroyed the site for you, with his lies, abuse, angry replies, etc
if you wanted to keep the site running then members would understand any slowness in updating the site.
i hope you have learned that allowing people like christian to claim that they are the admin will always destroy any project that you attempt in the future.
will you pay all outstanding balances before you sell?
Oh no this has nothing to do with Christian - in fact, he has done a lot of good work on the script. We have just come to realize that none of us can put the time into this project which is required to provide the same level of user care as I did from the beginning.
The video states 1.5 BTC per day (~$300-400/day) comes in, but the subject here states $300-400 per month.
Is the site paying out 96% of its profits or is there something else going on here?
Can you post some financial data like gross monthly (BTC), expenses, net income, etc?
Is there a link to the auction site so you can watch and/or bid?
Oh yes that was a spoken err in my end. I did mean 1-1.5 per month in Bitcoin transactions - not per day.
I will post a bit more of the financials of the game in the main topic later today.
We are running this site primarily as an auction in BCT. We created an account on Flippa which was instantly banned due to them connecting us with another account and their horrid customer support were of no help on the matter, claiming we were the same guy and bragging about their effeciency in closing down malicious accounts.
Do you mind sharing the upkeep costs for the website? Do you have an estimate of how many hours/week of work it takes to maintain the site?
Will update the original topic. In regards to hours of work to maintain the site. The main post of work involves caring for the users and replying to their inquiries here on BCT. I spent a good deal of time looking through posts but you can schedule this to make it easier and more effecient.
I will have Richard estimate how much work is required to have the upgrade ready for users. From there on, the upkeep work for the site should merely be handling customer care and making sure the Bitcoin balance is high enough to pay out users (transfering fiat currency from Adsense to the bitcoin wallet).
Agreed [Knowhow], and while on that topic seller, please share the trends. IE Quarterly financials for 4 quarters, and/or a few years worth of annual data.
Besides the fact that this is the most basic information about a potential investment to analyze it, it addresses a concern when reviewing this particular business.
The concern has already been expressed here. In this site, expenses (especially to top users, or users becoming top users) are likely to continually increase as the bonuses of each account steadily rise. If you don't get more new users on a regular basis (which you pay 0 or little to as they build up their game), the balance tips and the game loses money.
You can make changes to become more profitable, but at the risk of angering and alienating your users, and thus your income stream and trust in the community.
Related, you probably should publish statistics on new returning user growth or perhaps number of page views by users that are less than X months old (3 months might make a good dividing line? seems to take several months to build up to anything even remotely worthwhile to pay-out).
I'll address this in order of questions.
Have you had a look at the video above? That is our annual financial statistics since the site has been running since Oct 14th 2014, it will be a bit difficult to come up with more than 1 years worth of statistics.
As you see, the Adsense data is no older than 2 months since we did not start using it earlier. Before that, we ran with Bitmedia.io which is also covered in the video.
In regards to top users vs new users, we already prepared for this:
https://bitcointalk.org/index.php?topic=825713.0The potential buyer will of course receive any progress towards this upgrade we currently have. Please read reply above.
Well each user with full upgrades will get 432k being active 24hours a day,as i know top users can make a captcha every 4 hours means 6 times a day they must click,and well some users using the auto mining feature ,reducing their income and generating gold without captcha.
Soo i say those report of adsense and there is some days at 70dkk as 40 dkk and 100dkk ,the income never the same,and isnt a day record is a montly,september record,sure more info must be gived like last 3 months income and outspend,besides those there is contracts that take some part of the income,before any sell me made you admin must refund us paying a bit above what we had paid for them,since i dont wanna to swicth to the new owner since the investment were made at your management and i dont know where the new owner will keep being honest and paying us ..... soo before any step on these way refund CONTRACT USERS im one of them soo kindly refund me those.
Will reply to this on the main MBM topic in a second
