Hey all.

With a very heavy heart I will now announce that we are bankrupt.

In other words we are shutting down..

On Friday I will lift limits of min and max on withdrawals. We will give 30 days time to request a withdraw. If you do not wish to make a withdrawal request you can opt out by simply not doing so. These withdrawals will be paid to all within 180 days.

Very important If you use XAPO or other similar wallet which takes high transaction fees on lower than 0.0003BTC transaction or what ever the amount was we recommend to change your wallet for this cashout if it is less than that min.

Nothing much more to say.. After server transfer things just went down. from month to month things looked worse.

For any advertisement purchases done in this month where credits have not been used fully feel to request a refund and we will deal with it as soon as possible.

For upgrade period time you have left from this day forward feel free to request a refund.

We are trying to found out now how much exactly we do owe to our members.

we apologize for all the inconvenience this may cause.

First Refund Request was processed be sure to drop on them on: https://clickforbtc.freshdesk.com/helpdesk/

Sad news T_T
How bout the new script? Will you open a new site?

Quote: gigasraid

Sad news T_T
How bout the new script? Will you open a new site?

Indeed it is very sad. This decision has caused me countless sleepless nights :(

Quote: gigasraid

How bout the new script? Will you open a new site?

The scripts is 75% done.

Considering it. However I am not sure yet. There is big debt I need to clear first to our members. 5000$ or so of which all will be paid. Well those that wants to ofc..

I was also going to launch a crowd funded company in 2018 but current situation is making me think whether it is correct choice anymore.

It is possible I might revive Click For BTC someday with a custom script. For now we are shutting down though.

Idea would have been to build this site so it would be outside source of income for the crowd funded company.

I was thinking of offering to convert the balance on click for btc for that new crowd funded company shares/royalty/tokens but I feel this would not be right given the current moment.

Sorry to see loss of this site... it is one of the best sites!! It seems lack of members and lack of member activity has led to this position.

PTC sites (whatever the currency) depend on active members... Advertisers run ads, members click them and act on the advertised products/services etc... if advertisers get results, they advertise after and the site gets more profitable.

On the other hand... A PTC site run in BTC currency will always be problematic due to currency exchange. BTC has ranged from around $200 to $2500 against the US$ in the last 18 months of so - imagine this, you have a balance of 4 BTC in your account, one day BTC is $2500 against the US$ and your balance is worth $10000, another day BTC is $200 against the US$ and your balance is only worth $800!! Not good for any business!!

Admin are great on this site... but do us a favour... next time open a PTC using US$ and run it the same way you've run this site... it will be a success!!

Good luck!!

Quote: MLivePro

Sorry to see loss of this site... it is one of the best sites!! It seems lack of members and lack of member activity has led to this position.

Quote: MLivePro

PTC sites (whatever the currency) depend on active members... Advertisers run ads, members click them and act on the advertised products/services etc... if advertisers get results, they advertise after and the site gets more profitable.

This is correct. Here is one of the biggest issues of BTC only site. On my experience unless you advertise something that is related to crypto currencies or Bitcoin itself there will be barely any results.

Quote: MLivePro

On the other hand... A PTC site run in BTC currency will always be problematic due to currency exchange. BTC has ranged from around $200 to $2500 against the US$ in the last 18 months of so - imagine this, you have a balance of 4 BTC in your account, one day BTC is $2500 against the US$ and your balance is worth $10000, another day BTC is $200 against the US$ and your balance is only worth $800!! Not good for any business!!

Other Bitcoin PTC sites have been there for quite some time so they are very stable currently for that. We have been a year and even that year we started to make loss since the start of the year. It is possible I made bad decisions such as limiting withdrawals but back then it felt necessary.

Interestingly the day BTC is at 2500$ is here already :D 150% increase since January. Some of the funds on offer wall are from January to February due to low activity and minimum payout threshold.

Quote: MLivePro

Admin are great on this site... but do us a favour... next time open a PTC using US$ and run it the same way you've run this site... it will be a success!!

Good luck!!

I feel I did not do as good job as I should have.

About running a another site in USD is under consideration. It would require some modifications on the script I am building though but not much. it could also allow payments in bitcoin from the USD balance. this way the loss for company would be easier to handle even in cases where BTC would rise/drop.

I humbly thank you for this.