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Author Topic: Auction of AdBit.co - Advertising network  (Read 7808 times)
ingrownpocket
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April 13, 2014, 12:04:52 PM
 #1

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
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April 13, 2014, 05:22:48 PM
 #2

Current winning bid: 10 BTC
ingrownpocket
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April 13, 2014, 06:02:37 PM
 #3

Current winning bid: 11 BTC
gweedo
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April 13, 2014, 06:08:09 PM
 #4

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
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April 13, 2014, 06:10:39 PM
 #5

I can confirm that I was the 10 BTC bid.

If I've helped you out, or you just think I'm awesome… 13SZex4uANVrfTeeuFEXGu6W8EVYtWVB53
ingrownpocket
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April 13, 2014, 06:23:48 PM
 #6

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
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April 13, 2014, 06:37:07 PM
 #7

Bid: 11.5 BTC

If I've helped you out, or you just think I'm awesome… 13SZex4uANVrfTeeuFEXGu6W8EVYtWVB53
ingrownpocket
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April 14, 2014, 12:05:55 AM
 #8

Current winning bid: 12.5 BTC
bmoconno
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April 14, 2014, 12:16:53 AM
 #9

13 BTC, losing interest against invisible bidders.

If I've helped you out, or you just think I'm awesome… 13SZex4uANVrfTeeuFEXGu6W8EVYtWVB53
gweedo
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April 14, 2014, 01:00:39 AM
 #10

13 BTC, losing interest against invisible bidders.

This the only reason I am not bidding.
top10merchant
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April 14, 2014, 05:57:32 AM
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Quote
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.

 Huh why you set these rules?
ingrownpocket
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April 14, 2014, 08:23:01 AM
 #12

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
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April 14, 2014, 11:49:01 AM
 #13

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
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April 14, 2014, 03:33:16 PM
 #14

I'll bid 15 BTC

cryptoclix
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April 14, 2014, 03:43:03 PM
 #15

hmmm im going to sit out for a bit , nice bid , ill chime in again in a few days
BitcoinExchangeIndia.com
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April 14, 2014, 09:57:19 PM
 #16

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

FreeBitcoins.com
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April 15, 2014, 05:22:56 AM
 #17

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
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April 15, 2014, 05:49:11 AM
 #18

i see your main advertiser is anonibet

if they quit, u out of biz
ingrownpocket
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April 15, 2014, 12:58:32 PM
 #19

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
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April 15, 2014, 01:24:27 PM
 #20

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. Smiley
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