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Author Topic: Bitcoin Randomizer, just a stupid pyramid scheme  (Read 43568 times)
idev
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February 11, 2011, 11:03:35 PM
 #81

uuhm...i don't even know who you are (userid), nor who your refs are (to check who sponsored them), so i can't tell.

Ah no worries then, cheers for checking.
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BitLex
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February 11, 2011, 11:35:29 PM
 #82

maybe, they just didn't login after first payment.
one login after payment has at least 1conf is required to trigger the random-/sponsor-payments and activate an account.
so if refs have paid, but didn't log in, they'll not get activated and you won't get sponsor-payments.

just send me your ID and i'll take a look at db.

idev
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February 11, 2011, 11:40:33 PM
 #83

maybe, they just didn't login after first payment.
one login after payment has at least 1conf is required to trigger the random-/sponsor-payments and activate an account.
so if refs have paid, but didn't log in, they'll not get activated and you won't get sponsor-payments.

just send me your ID and i'll take a look at db.

Thanks man, user id: 140
BitLex
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February 12, 2011, 12:01:25 AM
 #84

found 2,
first one registered shortly after yourself, 2010-10-23, second one registered 2011-02-06,
they both have not sent a coin yet.

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February 12, 2011, 12:16:47 AM
 #85

found 2,
first one registered shortly after yourself, 2010-10-23, second one registered 2011-02-06,
they both have not sent a coin yet.



No worries, thanks for checking.
opticbit
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February 15, 2011, 01:18:50 PM
 #86

I make number 363
http://fxnet.co.cc/?ref=363
wish i had gotten in earlier.

140 was my sponsor

Set up the same thing..
http://bit.ly/btcrefs
Get more bitcoins.
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February 15, 2011, 08:27:48 PM
 #87

Interesting concept! I guess anyone can go to http://fxnet.co.cc/?ref=368 and register now!  Grin

I have some feedback about the registrating/confirmation process: in the first page that I see after logging in for the first time, I have the feeling that I should see a strong call to action such as: "Welcome! One last step before your account is validated: send 1 BTC to this address: <insert the address here>! After that, sit back and watch the BTC rolling in!"

Do you think it could improve your "reg to active" conversion rate?

Just another pyramid scheme: (http://bitcointalk.org/index.php?topic=854.0) Turn 1 (one) bitcoin into many more ! (http://fxnet.bitlex.org/?ref=36Cool  *Image Removed*
nikonoel
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February 22, 2011, 07:11:57 PM
 #88

Hi BitLex,

After testing the website for a few days, I still really think there is a great opportunity for improvement on the conversion rate side, here.  Cool
I think your "New Unique Visitor" to "Registered User" must be pretty high (after all, who doesn't want to earn bitcoins?), but I am afraid many users don't even know what to do once they are registered, therefore implying a relatively low "Registered User" to "Paying Member" conversion rate...  Undecided

Do you have the stats of these conversion rates? Would you mind sharing them with us? The cool thing is that I am sure there's a lot we can do to improve this!  Smiley

Just an example that just came to my mind, in order to improve the Registered User to Paying Member conversion rate: what about sending a short and nice e-mail to those who haven't payed their bitcoin yet, explaining them how they can send the bitcoin?

Yeah, I admit that doing online marketing is my job and I find it pretty exciting!  Grin

Can't wait to help you, if you are still enthusiastic about this project!

Just another pyramid scheme: (http://bitcointalk.org/index.php?topic=854.0) Turn 1 (one) bitcoin into many more ! (http://fxnet.bitlex.org/?ref=36Cool  *Image Removed*
theymos
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February 22, 2011, 07:15:07 PM
 #89

My conversion rate is quite good:
Quote
1.lvl:77 (27 pending)
2.lvl:63 (21 pending)
3.lvl:42 (13 pending)

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
nikonoel
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February 22, 2011, 07:24:42 PM
 #90

My conversion rate is quite good:
Quote
1.lvl:77 (27 pending)
2.lvl:63 (21 pending)
3.lvl:42 (13 pending)

Yes, that's a 66% conversion rate... But is it that high, considering that when people register, they are already willing to spend 1 BTC (here I assume that they read the landing page before signing up)?

Just another pyramid scheme: (http://bitcointalk.org/index.php?topic=854.0) Turn 1 (one) bitcoin into many more ! (http://fxnet.bitlex.org/?ref=36Cool  *Image Removed*
Blitz­
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February 22, 2011, 07:28:53 PM
 #91

My conversion rate is quite good:
Quote
1.lvl:77 (27 pending)
2.lvl:63 (21 pending)
3.lvl:42 (13 pending)
And I’m one of them. http://fxnet.co.cc/?ref=396

"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
"these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room." - ShroomsKit
theymos
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February 22, 2011, 07:50:29 PM
 #92

Yes, that's a 66% conversion rate... But is it that high, considering that when people register, they are already willing to spend 1 BTC (here I assume that they read the landing page before signing up)?

I think it's pretty good. Maybe people want to see what the members page looks like before they invest.

And I’m one of them. http://fxnet.co.cc/?ref=396

Thanks!

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
nikonoel
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February 22, 2011, 08:21:56 PM
 #93

It is pretty good, but I also think it could be worth trying different actions to improve it even further!  Grin
After all, that's a nice playground, what Bitlex has set up...

Just another pyramid scheme: (http://bitcointalk.org/index.php?topic=854.0) Turn 1 (one) bitcoin into many more ! (http://fxnet.bitlex.org/?ref=36Cool  *Image Removed*
torbank
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February 27, 2011, 08:46:31 PM
 #94

If I get back 2 BTC I'll be happy.  Cool
SmokeTooMuch
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February 27, 2011, 09:00:53 PM
 #95

From my experience you get back your 1BTC investment pretty quick as long as new users keep coming.
http://fxnet.co.cc/?ref=16

Date Registered: 2009-12-10 | I'm using GPG, pm me for my public key. | Bitcoin on Reddit: https://www.reddit.com/r/btc
You like what I'm doing? Why don't you send me a coin: 17Pj8jpUgY6qTaKgiopL5U48zxU4rTrkuB
bitjet
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February 28, 2011, 01:35:24 AM
 #96

From my experience you get back your 1BTC investment pretty quick as long as new users keep coming.
http://fxnet.co.cc/?ref=16

I've been a member for well over a week and nothin. how quick is quick?
SmokeTooMuch
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February 28, 2011, 02:16:29 PM
 #97

As you can see from my ref number, I came to the system pretty early.
Until now I got 700% of my investment back (600% win).
When I remember correctly, it took about 1 month for for the first 100% win (win of 1 BTC).

Date Registered: 2009-12-10 | I'm using GPG, pm me for my public key. | Bitcoin on Reddit: https://www.reddit.com/r/btc
You like what I'm doing? Why don't you send me a coin: 17Pj8jpUgY6qTaKgiopL5U48zxU4rTrkuB
Ian Maxwell
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March 21, 2011, 04:03:25 PM
 #98

All right, it's time for some real competition here.

10% OFF SALE, THIS WEEK ONLY!!!

It costs 1 BTC to join the Randomizer. I assume I can at least see the referral numbers of my "clients".

For the next week, if you take me as a sponsor and then send me a message with your referral number, or otherwise prove it was you who joined, I will send you a 0.10 BTC rebate.

Act now! Supplies are limited! Give me your money today!

(If there is no way to prove it's you, I guess the offer is void. I sure hope that's not the case, though.)

Ian Maxwell
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Garrett Burgwardt
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March 21, 2011, 04:58:26 PM
 #99

Sign up with me and I'll refund .2 btc Wink
Ian Maxwell
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March 21, 2011, 05:13:29 PM
 #100

Hm, 0.2 is a good offer; let's see what I can counter with.

My offer of 0.1 above still stands.

In addition, anyone who signs up with me before next Monday will also be given a 0.05 BTC bounty on anyone they recruit, and a 0.02 BTC bounty on anyone their recruits recruit.

That's right: as long as I get paid, so do you!

If your referral ID doesn't appear, one way to prove I'm your sponsor is to give me your username and password. Looking at the site, I don't see anything nefarious I can do with it until you've got some payments in (someone correct me if I'm wrong). You can change your password once I've confirmed.

Ian Maxwell
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