Friday, January 14, 2011

Bux.to, the story of a Scam

I finally decided to write about the really of Bux.to. I started off with using bux.to around 3 years ago. If you remember well, this is how I got started into making money online. Blogging wasn’t until late 2007 and before that I was heavily occupied with paid to click websites.
To be frank, at that time bux.to seemed to be the best paid to click website to me. In fact, stats prove that it is the most popular paid to click websites as compared to popular paid to click websites of that time. It has risen to below 2000 in the alexa top websites.
So, where did Bux.to go wrong? Quite simple…

Traditional paid to click concept

Let’s go old school (thought it’s just been 3 years, :lol: ) and see how the paid to click websites started up. I remember the first paid to click website to be adbux and many other small paid to click websites followed up soon.
How these websites operated was over a simple concept:
  1. Advertisers pay the PTC website for visitors to their website.
  2. Users sign-up to the PTC website and get paid for clicking ads.
  3. The PTC website takes a part of the cost per visitor paid by the advertiser, and gives the rest to the users.
That’s all!
Pretty basic huh? If this goes on a small scale, it’s all cool. But when you have big ambitions and want to make a lot of money, you have a little problem.
I’m sure that there aren’t a lot of wise webmasters or bloggers out there who would want to be spending 3 cents for a visitor who would visit the website for just 30 seconds. The purchasing power of the visitor can be seen from the fact that he is clicking ads for a cent each. :lol: (No offense, I was one of them a few years ago)
So, basically this makes the traffic pretty useless and probably the only reason why a big number of webmasters wouldn’t want to be advertising on such a website. Moreover, even if there are a lot of advertisers, their advertisement budget would not be enough to cater such a large user base as it was in bux.to’s case.

The Dirty Game

Then bux.to played a pretty dirty game. What they did was simple, they started putting up advertisements without actually receiving the money according to the mechanism. For example:
Instead of charging $3000 to a person who wants to buy a 100K visitors package, they’ll give him a discount just to get some cash into the system. Then they’ll use that money to pay off a user who requested payout 3 months ago telling him that this delay was due to ‘manual check’ before payout.
One reason why this was working out was because most of the users never made it to the minimum payout OR never protested if they never got paid and left the program.
Long story, short. Soon, as more users joined they needed more inflow of cash. So, they started selling those referral packages and the premium memberships to have some cash rolling in and as of now, that’s what they’re depending on.
Apparently, they’re only paying premium members. That too only after a wait of several months or years. The system reached a stop a long time ago, I (along with some other users) just didn’t realize that in time.
Therefore, ladies and gentlemen, the bux.to mechanism flunked right before your eyes. i hate to say it, but yes I pronounce it a SCAM. :|
If you still want to check on paid to click websites, I’d recommend checking out clixsense. I also have an article on making money on the internet for beginners. :)

No comments:

Post a Comment