Hey everyone!
Quick update on My Bitcoin Tube status. Withdrawals are not working again and the reason is clear. The wallets are drained! I do not recommend putting any money into this platform now. MBT admin sent out a mass email this morning as follows:
"Hello dear and valued mBT members,
I'm proud to announce mBT v 2.0. We have a few exciting news about myBitcoinTube!
Honestly I have to tell the truth to you;
I did not expect our site to develop as quickly as the past 3 months have shown. We were aware that there are too many problems and issues, but as you know, we are working hard to solve these issues with tired minds and sleepless nights. After all, now we have very secured and optimized server and website.
While delivering paid ads to you we didn't reserve any funds to use towards the next days, what we received, we distributed to you. And today we have just a small amount in our wallets. There are a lot of members who have a huge amount of BVPs and money in account balance. Currently we don't have enough sales and/or money to handle to pay the balance to you from the paid videos.
Let me to remind you once again, myBitcoinTube is an video and banner advertising platform. Not an investment platform. We are selling advertising services on our website then share our revenue from advertising sales with our members who watch the advertisers's YouTube Videos. Daily earning amounts are not fixed and/or guaranteed.
Display your business to other online entrepreneurs from around the world by using our advertising services. Generate more leads, sales and profits. We'll connect you with motivated buyers interested in home based business and crypto currencies.
At current status there are two ways in front of me; Shutdown the server of mBT and logout from facebook. This is so easy to do. But i decided to choose the hard way, keep fighting and working hard. We always did and do our best for our valued members, and you can be sure of that.
Now we are changing revenue distribution system as like regular revshare websites. We are confident that this will be a more promising, profitable, sustainable and fair system for all of us.
All your BVPs and account balances will be cleared, then we will calculate how much you deposited, received referral commissions and how much you withdrawn. And then the calculated amount will be added into your purchase balance. You may use your purchase balance to buy Bulk Adpacks.
Formula of calculation : (Total Deposited + Referral Commission) - Total Withdrawn = Purchase Balance.
An example; $150 deposited, $15 Referral Commission, $80 Total Withdrawn. (150+15)-80=85, $85 will be added into Purchase Balance.
Let's get straight to what's changing!
- No more BVPs and BVP Groups, No Bonus Videos.
- You still receive 10 paid videos daily, daily earnings will be calculated according on how many Adpacks you have.
- More Super Videos. When someone buys a $100 Bulk Adpacks, it will create 20 * $1 Super Video Ads, instead of 10.
- Separated balances, deposits goes to Purchase Balance, Video earnings and ref commissions goes to Account Balance.
- 20% Referral Commission on Premium Membership Upgrade, instead of 10%.
- Adpacks expire at 120% for Standard members, 135% for Premium members.
- Bulk Adpacks price is $50, it gives 5,000 YouTube views and 50K Banner impressions.
Website will be at maintenance mode while changes applied."
Follow me on here and on Youtube to see other ways I try to earn and save money.