Auction of AdBit.co - Advertising network

[ingrownpocket]

I'm putting up for auction the website AdBit.co, a advertising network that consists of bidding on users websites, the higher the bid, the greater the exposure share on the publisher adpspace.

You can learn more here: https://AdBit.co
Bitcointalk.org topic discussion: https://bitcointalk.org/?topic=449010


This is a great project, there's almost no competition and there's space for a lot of improvements/ideas.
I see a bright future for this in the correct hands, the Bitcoin world needs/deserves a quality advertising network.

The reason I want to sell the website is personal, I can give you some insight privately, but I won't discuss it in public.


Here's some information/statistics for the 66 days of its existence:
3,426 registered users
1,069 websites
1,562 adspaces
3,504 bids
136,317,178 adspace views
30.07 BTC in deposits
15% fee, 4.24 BTC profit
The site runs on a $20 droplet on DigitalOcean.com


If you're the winner of the auction, I will deliver to you, by your preferred method, all the files, database and domain.
I will pay every user balance before the transfer of ownership, so balances will be 0 for all users in  the database.
The database will be exactly as it is at the moment I close the website, so all current statistics will be kept, it's your job to change users deposit addresses or do whatever you feel necessary to run the website.
I will keep all private keys for the current bitcoin deposit addresses.
I will provide support for free for 7 business days after delivery, after that I may charge a hourly fixed rate.

Terms:
Auction starts at 10 BTC, minimum increments of 0.50 BTC.
The winner of the auction will be the highest bid by April 26, 2014, 00:00 UTC.
Bids by private message/email (anonymous for the public) are accepted.
I reserve the right to cancel this auction or any bid at any time.
I reserve the right to extend the auction deadline.

You may contact me by email at: geral@adbit.co

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[ingrownpocket]

Current winning bid: 10 BTC

[ingrownpocket]

Current winning bid: 11 BTC

[gweedo]

Bids by private message/email (anonymous for the public) are accepted.

I wish this wasn't allowed, I can't tell if you are inflating the price.

Also why are you are selling it if you are obviously making a good profit margin?

[bmoconno]

I can confirm that I was the 10 BTC bid.

[ingrownpocket]

Bids by private message/email (anonymous for the public) are accepted.

I wish this wasn't allowed, I can't tell if you are inflating the price.

Also why are you are selling it if you are obviously making a good profit margin?

I don't want to make people register on the forum just to place a bid.

Since everyone asks why I want to sell the site, I'll give some info here.
This life isn't working very well for me, I sit all day in front of my computer, I barely have any contact with other people during the entire day. I'm young (19 years old) and want something else at this point, I want to start college and meet new people/places. I'm making a good income with my sites and other stuff online, but having money doesn't mean happiness. Hopefully this will satisfy everyone curious about this.

[bmoconno]

Bid: 11.5 BTC

[ingrownpocket]

Current winning bid: 12.5 BTC

[bmoconno]

13 BTC, losing interest against invisible bidders.

[gweedo]

13 BTC, losing interest against invisible bidders.

This the only reason I am not bidding.

[top10merchant]

Bids by private message/email (anonymous for the public) are accepted.
I reserve the right to cancel this auction or any bid at any time.
I reserve the right to extend the auction deadline.

  why you set these rules?

[ingrownpocket]

Due to popular demand, from now on I won't accept private bids (anonymous for the public).
You can still ask me what you feel necessary privately.

Current winning bid: 13 BTC from bmoconno

[cryptoclix]

Im the anonymous bidder ha , I own www.cryptoclix.com , You can check that were from completely different countries etc via a domain whois. Anyway 13.5 BTC.

Regards

Tim

[Willderbeast]

I'll bid 15 BTC

[cryptoclix]

hmmm im going to sit out for a bit , nice bid , ill chime in again in a few days

[BitcoinExchangeIndia.com]

How is the chance of existing advertisers getting paid for their outstanding amount ?

[FreeBitcoins.com]

Are any of your top earners dropping your service?

Freebitco.in
BtcClicks.com
Dailybitcoins.org
Coinad.com
LandofBitcoin.com

Do you think these 5 sites will continue using your service for atleast a year?

What are your expenses?

After all your expense, how much average profit per month?

How much time do u spend per week running this site?

[FreeBitcoins.com]

i see your main advertiser is anonibet

if they quit, u out of biz

[ingrownpocket]

Are any of your top earners dropping your service?

Freebitco.in
BtcClicks.com
Dailybitcoins.org
Coinad.com
LandofBitcoin.com

Do you think these 5 sites will continue using your service for atleast a year?

How am I supposed to know that?

What are your expenses?

After all your expense, how much average profit per month?

How much time do u spend per week running this site?

Did you read the first post?

i see your main advertiser is anonibet

if they quit, u out of biz

Do you really think that just by taking a quick look at the website in random time of the day can tell you who the (big) advertisers are?

[b!z]

Bids by private message/email (anonymous for the public) are accepted.

I wish this wasn't allowed, I can't tell if you are inflating the price.

Also why are you are selling it if you are obviously making a good profit margin?

I don't want to make people register on the forum just to place a bid.

Since everyone asks why I want to sell the site, I'll give some info here.
This life isn't working very well for me, I sit all day in front of my computer, I barely have any contact with other people during the entire day. I'm young (19 years old) and want something else at this point, I want to start college and meet new people/places. I'm making a good income with my sites and other stuff online, but having money doesn't mean happiness. Hopefully this will satisfy everyone curious about this.

Best of luck with the auction and your future ventures, Carlos.

[BitCoinDream]

Do u plan to sell coinad.com too ?

[ingrownpocket]

Do u plan to sell coinad.com too ?

No.

[bmoconno]

I'll bump my bid to 14 BTC.  Less than the current top bid, but I'm not a new account and I have an established trade history.  If their bid falls through, let me know.

[ingrownpocket]

There has been 2.40 BTC in deposits since I created the auction.

[ingrownpocket]

Sorry, I meant 0.01 BTC!

Carlos,

I just deposited 0.1 BTC with transaction d4b787570ae957c668acef415fa45e5cf4bceadd6ee62bd394db349ec97f4362.  However, despite multiple confirmations, it has not credited.

See https://blockchain.info/tx/d4b787570ae957c668acef415fa45e5cf4bceadd6ee62bd394db349ec97f4362

Thanks,
BitcoinReserve.org

Does this look like a place to ask for support?

Anyway... It's the Blockchain.info API problem again, sometimes their service is down and it takes a while to credit.

[Willderbeast]

Carlos,

I just deposited 0.1 BTC with transaction d4b787570ae957c668acef415fa45e5cf4bceadd6ee62bd394db349ec97f4362.  However, despite multiple confirmations, it has not credited.

See https://blockchain.info/tx/d4b787570ae957c668acef415fa45e5cf4bceadd6ee62bd394db349ec97f4362

Thanks,
BitcoinReserve.org

I had the same issue with no reply from support.

In regards to me being a new account, I don't have time to post all over forums. I do however... have time to work.

My bid still stands at 15 BTC. I'll go ahead and proxy 1 BTC over any bid.

How about this... 20 BTC and you close the auction?

[Fortega]

To whoever buys this: please add sortable columns here: https://adbit.co/?a=Advertise

[dadaas]

Sorry Carlos L. but it would be nice to know where is support on your site. I have some issues with withdrawing and I don't know what to do?

[FreeBitcoins.com]

i was interested but not anymore...you should be careful...do your research...if top 2 advertisers and his own coinad.com stops using adbit.co, you will make less than $50/month profit...will take very long time recouping your $10k+ investment.

good luck

[ingrownpocket]

i was interested but not anymore...you should be careful...do your research...if top 2 advertisers and his own coinad.com stops using adbit.co, you will make less than $50/month profit...will take very long time recouping your $10k+ investment.

good luck

It's funny how people keep saying that since the first day I opened my first website (coinad.com) on March 01, 2012. "your website will close when x or y advertiser goes away huehueheu"
Guess what, it never happened.

It's possible for that to happen if you STAGNATE, which is exactly why I'm selling the site, because I don't want that to happen, or else I would just keep everything exactly as it is and not sell it.
It's your job to keep the site updated, and make new features as the new owner, it can't be that hard to figure this out.

[antiycda]

Can you please check this payment error?

Error sending payment, please try again later.

[dadaas]

Carlos L. can you please fix withdrawal problem? And can you stop ignoring your users here?

[skorek]

Is the site not over valued? I would offer 2,5 BTC. Just for existing client list which is not that big. Ready to use Script for adbit you can find on the net.

[dougg]

Are you open to US dollars outside from bitcoin?

[Quimby88]

Well, i guess thats is a same situation as with bitads, its not possible to withdraw money anymore....

[skorek]

As always, when kids hosts websites, we are als always left with a-ads and operationfabulous.com

[tzman]

Its possible to withdraw,I withdrawed few hours ago
And there are always new advertisers on the site,I think it's not overvalued

[btcjams]

I've been able to withdraw yesterday and today. I had to try multiple times though.

[ingrownpocket]

You weren't able to withdrawal because the hot wallet temporarily ran out of funds.
Deposits were delayed because Blockchain.info API sometimes is slow to react due to their CloudFlare DDoS protection.
I've received a number of emails asking when their adspace will be approved, please read the instructions below the code when you click "Get Code".
There has been 5.13 BTC in deposits since the auction started.

No, I don't accept anything else besides BTC, no PayPal, no SEPA, no Bank Transfer, no Dwola, no cash, no Euros, no Dollar, just BITCOIN.

And please, stop with the "i would" bids.

[igor.gutierrez]

Hello Carlos L,

I put your code in my site (BitcoinPoster.com) but when a try to check it, the system says: "Code not found."

Can you help me?


Thanks, Igor

[ingrownpocket]

Current winning bid: 15 BTC

[Willderbeast]

Current winning bid: 15 BTC

16 BTC

[Willderbeast]

Nevermind, bid against myself.

15 BTC

Proxy to 16 I guess lol

[Mitchell]

Please post all non-action related questions here: [ANN] AdBit.co - Advertising platform, better than clicks/views!. So if you have questions about ad-space, withdrawals, deposits or something else, go and post there!

[CryptoPanda]

Check your PM or email. I know  you are selling it, but still would be nice (and fast) to resolve that minor issue.

[ingrownpocket]

Less than 11 hours left to bid.

[ingrownpocket]

1 hour left to bid.

[mc_lovin]

16.5 BTC

[mc_lovin]

Timer removed. End time: 2014-04-26+00:00:00UTC

[mc_lovin]

Hm, bitcointalk doesnt allow countdown timers anymore.  Well, in any event it's a mc_lovin win

[bmoconno]

Hm, bitcointalk doesnt allow countdown timers anymore.  Well, in any event it's a mc_lovin win

Grats!  I hope you have some big plans!

[mc_lovin]

Hm, bitcointalk doesnt allow countdown timers anymore.  Well, in any event it's a mc_lovin win

Grats!  I hope you have some big plans!

Yup, it will be visually and functionally enhanced by the end of the weekend

[desertfox470]

Hm, bitcointalk doesnt allow countdown timers anymore.  Well, in any event it's a mc_lovin win

Grats!  I hope you have some big plans!

Yup, it will be visually and functionally enhanced by the end of the weekend

Can't wait to see it! I use adbit.co for my btc faucet. Can't wait to see the new features.

[antiycda]

Yep! under transferring. hope the site will be online soon

[mc_lovin]

Yep! under transferring. hope the site will be online soon

me too.  Where are ya Carlos?

[dadaas]

Yep! under transferring. hope the site will be online soon

me too.  Where are ya Carlos?

Who is new owner, is it you?

[ingrownpocket]

Unfortunately the auction didn't reach the value I was hoping for, so I'm canceling it.