NeoBux

How often have you joined a program and worked your butt off to reach payout - or spent your hard earned cahs - only to find out that the program is not paying? Isn't it about time you knew who is paying BEFORE you join?

August 09, 2008

How can AlterGold be trusted after this? And other news...

Three days ago I received mail from AlterGold announcing (to my amazement) that e-Gold funding is available again! This decision seemed odd having in mind that as of end of June it is virtually impossible to exchange e-Gold for anything else. The real shock came with their announcement about suspending withdraws through LibertyReserve, perhaps the most popular payment processor at the moment! Here is the entire message:

Dear users!

We have something new for you. AlterGold is gladly announcing that E-gold funding is available again. You can now fund your account by using E-gold, this transaction can be done fastly from your "Account Home". Just go to "Add Funds" and choose E-gold as method. Please check our Services page to know more about fees involved.

Also AlterGold is suspending withdraws through LibertyReserve. We are committed to serve our clients with the best solutions, and we understand that you can get quality exchanging services by using one of the Exchangers that accept AlterGold. For more information about Exchangers check our Merchants Directory page.

Regards,
AlterGold staff.
Most unwise, both of these decisions. But what is worse, today when I tried to actually fund my AlterGold account throught e-Gold, I found out that there is no such option under "Add funds"! No announcement was made regarding this either at the site or by mail. Highly unprofessional conduct. But that is not all! Option to fund account through e-bullion is still there although this processor is most probably gone for good - one co-owner stabbed to death, the other accused for it, as well as the (obviously false) announcement still on their site:
Dear Customer,

05 August, 2008, 1:00pm PST: The e-Bullion website will be unavailable for a period of approximately four hours while our Tech Dept. performs routine maintenance.

We apologize for any inconvenience caused by this interruption to service.

e-Bullion Management
So how can AlterGold be trusted after this?

As for other news, one good: 13DailyProInstant is still paying instantly and growing at a steady pace; and one bad: ProfitFamily.com turned SCAM - do not spend.

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It takes money to make money. BUT you can earn FREE money participating in Paid-to-Read, Paid-to-Promote, and Paid-to-Signup programs and invest earnings into HYIPs and Autosurfs to make more money.

This takes time, if you are not patient, you had better spend some cash and use it as a "seed money" - as soon as you get in profit, take your seed money out of the game and play with profits.

WARNING: Most (if not all) autosurfs and HYIPs are ponzy (fraudulant scheme where earlier investors are paid with the money taken from new investors). This however does not mean that you can not make nice money with them.

But, in order to succeed you must play by the rules:
1. Get in early, get out in time.
2. Never invest more than you are comfortable to loose.
3. Never put all your money in one program, no matter how good it looks to you.
4. Do not get emotional, do not fall for sweet stories full of hype or lame excuses from admins. Think straight, do your maths, visit forums but beware of paid posters, don't trust Monitors.
5. Never keep large sums in any Payment Processor, no matter how good reputation they may have. Use more than one.