
If anyone needs yet more evidence that schemes that pay users cash to watch ads, and then pay more for any other users that you get to sign up (AKA Pyramid Schemes) are nonsense, just see Chris Pirillo’s twitter message, which I have helpfully posted above.
The service in question is called Bux.to. They pay users $0.01 to watch an advertisement for thirty seconds. They also pay $0.01 for every advertisement viewed by anyone that has signed up using your referral code. Sounds great, but there’s one problem - users are complaining that they aren’t getting paid, or are getting paid weeks and weeks after they should have been.
The reason? Bux.to is undoubtedly finding itself in cash flow trouble. Advertisers, I’m sure, are not jumping at the chance to get to users who value their time at $1.20/hour and are only looking at ads because they’re paid to.
AGLOCO, another version of the scheme, went belly up last year. AGLOCO was created by the same team that founded AllAdvantage (also DeadPool) back in the late nineties. Basically, the model doesn’t work, no matter how people try to spin it.
Pirillo is particularly embarrassed about Bux.to, which he pushed hard to users in January. They aren’t paying him, and they won’t contact him.
It’s not often in a post that I get to explain a situation by saying both Caveat Emptor and Occam’s razor. If something looks like it’s a scam, it’s probably a scam.
Update: In a moment of total geek nirvana, I am watching Chris Pirillo read this blog post live on his Ustream channel (and you can now see him reading this update as well - ok, enough):






I thought those schemes no longer exist in developed and mature markets
I too fell for the Bux.to thing. I am only out $139.00. Others have paid hundreds more to buy clickers under them. No such thing as free money.
people who forget history are bound to repeat it…
A unshakeable fact is that PTC traffic is the Lowest quality traffic a site can get. You get zero conversions. Advertisers of real sites know that. Those who advertise in those PTC sites are just another bunch PTC site owners themselves.
I hope that’s sarcasm. I had some clown who is in his FORTIES send me a message a month ago to try to sign on to this crap. People are always looking for a free lunch. Hell, look at a lot of the schemes that get written up here, particularly the “crowdsourcing” boondoggle that no one but Jimbo Wales, with the help and unpaid labor of seventy million of his closest friends, has made money off.
wow. people are enthralled with watching chris pirllio in his pj’s reading off his daily reading list/rss on a live cast. there are way too many bored people in this world.
It’s pass 60 business days already and I’m still waiting
although they break their TOS.
someone got paid 13 days delay
http://www.buxtopayments.com/b....._proof.php
I GOT PAID from other PTC sites already! ( http://www.se7enize.com/nice/paid-to-click.html )
but I’m so tired of bux.to
I called that one right from the start… but no one would listen. I knew bux.to was a scam. I usually spot scams
ahh yes. The internet age has truly arrived.
I know what you’re talking about mike since i was watching his live feed while reading techcrunch and updating my twitter via cell phone.
The embarrassing thing about this is that even the bad ideas from the dot-com era are being reborn. And that people fell for it again.
How many “watch ads” companies were there during the boom and bust? I’m blanking, but there has to be a few beyond AllAdvantage.
Hmm, but didn’t bux.to paid out to several people already? I almost upgraded my bux.to account but they “ran out” of upgraded accounts.
I always knew that this is not sustainable business model and anyone jumping on it will dies soon. I wonder do those advertisers know that their ads are watched by people who get paid for watching. because I would not like that offer, thats adds no value to my brand or my campaign.
“I thought those schemes no longer exist in developed and mature markets”
Thats a good one nearly as good as the Federal Reserve!
Derrick (#10), that’s the classic way to buy time in pyramid scheme: pay a few people so they can assure the rest that their payment might be arriving soon. Any minute now. Wait for it… Meanwhile the tip of the pyramid gets more time to “re-structure their own property portfolio”.
Money for nothing always seems attractive. That’s why pyramid scams work, and why even seemingly intelligent people will jettison their intelligence to “give it the old college try”, as Pirillo puts it in his blog post.
(Incidentally, I haven’t come across this guy before. What is up with his obsession with his own face?)
To respond to 1’s post, these sort of scams probably *only* work in developed markets. Take your medieval serf in an undeveloped market whose sole income is the same patch of land he’s worked all his life (as his father did before him and his father before that), and has never dreamt of earning income from a different trade, or a different village, or even a different field. He’d give you a blank stare if you told him that he could make money from magic beans. Whereas this is the Pop Idol market, where you can go from earning £12,000 a year in Asda (Wal-Mart to Americans), to earning megabucks as a pop star, to scraping out a living in the back pages of gossip magazines, then back to £12,000 at Argos again, within the space of a few years or even months. Its easy to lose sight of what actually generates value after a while. “Money for nothing”, which is impossible, is not the same as “money for utter s—”, which happens all the time, but the distinction is unclear. Equally, it seems obvious that no-one will pay to advertise to people whose time is valued at less than a fifth of the minimum wage, but is it really that more obviously valueless than Facebook’s revenue model?
Money does not flow that way - just for the sake of flowing.
It is a scam from the first look itself. (may be not a scam, but the model does not work)
….
If you want to make money in whatever way always look what is it worth what you are doing. I would never want to make money out of something that is worthless. Wether it’s watching ad’s (but with no intention to really read it), selling ad’s (on sites where people aren’t really interested in those products), or working in a office with no real intention to be worth something and just because of you want to get paid or selling products where you know of that it’s crap.
It’s just a simple rule:
Don’t do to others what you don’t want them to do to you.
These are my two cents…
Anyone know what size monitor’s Pirillo’s got there? I like his set up.
I just wrote a post on my blog about the same thing but with a different company that is doing the exact same thing. They are called Yayclick and ofcourse they are not paying and even if they were it is just not enough, people falling for this type of scam are working hard to receive $700/year… Come on!!
I am lucky to read this news on time as I did sign up for Bux.to a week ago and I also wrote a short post telling my readers about this thing, hope they will know too. Thanks
Seems to me the proper business step at this point would be to borrow a bunch of money to pay off all the users it owes. Then sue Techcrunch for liable.
Mike, watch out in calling someone a fraudster… that seems to be actionable, if not true.
I did wonder when I read Chris’s comment, and then when I read that the “company” no longer used PayPal.
While it’s not a decisive indicator, if someone used to use PayPal and then switches to another provider (usually one I’ve never heard of) there’s often a dodgy reason and it wasn’t initiated by the company.
I remember some other pyramid scheme back in the early 2000s that told all its members that it had been booted out of PayPal because they thought the company was illegitimate. Hmm, yeah.
Everyone is always looking for the quick buck. Rarely does anyone do the math and see what their time is worth, they just see if I play this ad they’re going to give me money. WOW! They definitely than never stop to wonder who is going to pay the company for this ingenious idea.
(Before you read, I’m not employed or associated with this website in anyway, other than being a member.)
Moola, a site that also pays users to watch ads / play games to get other people’s money from the ads, does in fact have a pyramid scheme. However, I have cashed out from them for about $94.00.
There’s other stuff involved, but so far so good for them.
There are sites that do pay out nominal amounts of cash, but they usually involve you giving away large amounts of personal information and vastly increasing the risk of you being spammed senseless both on- and offline because of it.
Not worth the cash, IMO.
Chris Pirillo is a retard. He’s annoying and talks to loud too often about nothing. Maybe after five or six more times being burned he’ll learn his lesson.
I couldn’t agree more, Pirillo is a total retard…
@ SE7EN:
Get a job, hippie. If you get paid from something like this, then you’re one of the lucky few. The law of averages states that sometimes you’ll be one of the few who are paid, and FAR more often, you’ll get stiffed.
In the meantime, why don’t you go out in the street and sell pencils? People can actually use pencils, and you’ll be doing something worthwhile with your time. My granddaddy used to warn me about “working hard not to work,” and at valuing your time at $2.50 an hour to sit like a drooling trog watching ads for cash, that’s exactly what you’re doing.
I think Chris is a victim of this fraud too , the bad thing is , if he promote it and you sign up for this company then i feel sorry for you. just like the comment @ # 3 “people who forget history are bound to repeat it”
Nat
http://www.workersinc.com
I didn’t bother with this site; it was pretty plain to me that it was a scam.
Subvert and Profit, however, had me fooled. The trick they use is that they’ll send you lots of requests until you start to get near to the minimum payout amount ($10), then they’ll stop sending you requests at all. It’s not like they need to send you any; I’m sure they have tons of new accounts with empty balances being created every day.
In related news, Chris Pirillo has just reclassified Bear Stearns stock from ‘STRONG BUY’ to ‘HOLD’
I just checked it out and it doesnt look like a pyramid scheme because if you refer someone and the that person refers someone you dont make anything off that.
Is Chris an authority on Bux.to that he can claim this?
BTW, It completely depends on the type of account he holds. If he has a standard account bux.to pays after 60 days. Duh!
Just because Chris puts something on Twitter, TechCrunch calls the site a fraud. Wow!! TechCrunch is definitely lowering its standards these days on its news sources.
Its more like a Ponzi scam they are using funds from the people who send them money to payoff the lower payouts so they will then post payment proofs to keep people clicking.
I agree that almost all are scams. But there are very few which aren’t. GPT business is still lucrative for those mainly seeking for downlines instead of traffic..
@ Who Is Chris?
You’ll have to try harder than that, Bubba. You don’t need to read a white paper to know that your — sorry, bux.to’s — site is a joke, and would be shut down by the Feds if you — sorry, bux.to — weren’t destined to go out of business long before the site popped on their radar.
nueva bux similar a bux.to
http://www.ubux.us/?r=juako
new bux similar bux.to
http://www.ubux.us/?r=juako
enjoy!
I can’t remember if I came across Chris live or found out about Bux.to while reading his blog but I tried it when he mentioned it. No, I did pay for additional clicks because after seeing this ads/links it offered it I was immediately turned off. Quite a few people slammed my blog comment where I said the links were scammy or spammy but it’s nice to be vindicated. Of course it was so darn obvious the stuff being hawked was spam that any criticism was no skin off my back. I’m actually shocked so many people were getting excited about it. Checked it out for one evening and never went back.
Heck you don’t even have to pay Bux.to for more “links” to lose money. The waste of time trying to get money using that method is just crazy. I make a lot more money just doing my job (I’m self employed BTW) than following any scheme like this. If one wants to make money for “not doing much” sell web hosting, hosted services, etc. You’ll be a lot better off. If you want to stay in the realm or web advertising get into some real affiliate marketing.
Chris,
I can’t believe a smart guy like yourself fell for such an old game. The other thing I can’t understand is you running ads for secret shoppers, just another con game. Are you telling us you are as bad as they are? I certainly hope not!
Ed
I have not a clue what anyone has talked about within this blog, I have invested over $3,000 and guess how much I have been paid back…..
$5,000 and growing…
so please shut your damn mouths because no one in here is signed up nor have they invested so they have no room to talk
How about you inform yourselves BEFORE you criticise?
Yes they are violating their own TOS and yes the payments are late but here are a couple of reasons why:
- Paypal banned PTC sites (new alternative Alertpay)
- Alertpay got too many new visitors and is now slow to respond. Bux.to Admin can’t make mass pays
- Alertpay had problems processing all the huge ammount of requests and made it impossible to pay anyone
If you don’t like it, leave!
The admin EVEN OFFERED FOR A REFUND! Those who want a refund may ask for it but their balance will be reseted.
Have fun and happy clicking
I know buxto is real. I have 2650 on the way and when it comes im gonna smack chris pirillo in the face with a stack and throw it at him. Then hes gonna pick up the money cuz he needs it more than I do. B-@tch
Please don’t post such a negatve comments
You can see their Alexa ranking if you really think they aren’t getting that much people everyday
You can’t afford to have more staff if your profit is limited
Also Bux.To has introduced card which gonna be a boon sooner
So although a little late
They definitely pay their members
What demanded is just a little patience
Hi, i’m a bux.to user, and i haven’t got any payment so far, i know that this site looks like a scam, but we can see all over the web payment proofs, and stuff like that.
If you simply don’t use bux.to you don’t need to do negative comments about it, so give it a try, check the forums, and check for yourselves after 2 months of active clicking (with no referals) you will get to the cashout option.
I’ve requested my checkout, and i’m waiting my 60 Business days to get my payment, because i’m not a premium member (premiums need to wait “only” 30 business days).
Bux.to now allows users to have a Debit Card and allows users to receive payments to that card. And also you can check uronlinebiz.com or PTC talk to check reviews on bux.to.
I’m risking a bit on this… for trusting them, but i’ll be one of the users who will POST everywhere and open as many sites as i can to spread the word on BUX.TO if they reveal to be a Scam site. I have spend so far almost $70 and i earned like $120 so far, but no money actually in my hands. (I need to wait more 40 days)
If you want you can check my website for daily statistics
http://projecto-buxto.blogspot.com and i will post here the results as soon as i receive my payment.. and i won’t do like others that use photoshop to edit the payment proofs, i will add some REAL proof, like video, a review, and show you my payment. Or .. i will beat myself up so many times.. and then YELL SCAM! and post it on the same site.. so Bookmark this website and check again in 40 days! (i got a counter on the site).
It’s in Portuguese.. but i have a translator on site, and i will translate that website soon to english.
I’ve requested my payment twice and they’ve paid me twice. They’re an honest PTC site, even though they’re a bit slow.
I am pretty sure bux.to is legit, they got too many users for it to be a fraud site. I still have to cash out from that site.
You can also check out my blog for other legit ways to make money online.
http://mikesmoneyclub.blogspot.com/
If I’m not mistaken Chris got sucked in to the Agloco Scam did he not? Now he is slating Bux.to because of what? Their business model? what a load of crap. Agloco failed to pay it’s members because it had no revenue! Bux.to has & has become very successfull using a similar model. The Paypal issue is nothing to get freaked out about - lets face it, how many people here have had problems with Paypal? They are a law unto themselves & make their own rules when they feel like it. They (Bux.to) wouldn’t have struck a deal with Payoneer in New York if they thought they were a scam? I have been paid by Bux.to & the reason for the delays is a number of reasons. Firstly they have 4 million members & only 30 staff so say 1% cash out then they still have a huge task on their hands. They are also upgrading the script to integrate the new payout system, new web design to be implemented, they have a huge task on their hands BUT they are doing it.
Too many people are quick to point the finger at companies that fail to pay on time - How many people here got paid by Agloco?.. None, How many have been paid by Bux.to? Thousands. People these days are too impatient they want be Millionaires overnight. Bux.to is not even a year old yet & the only downside you could say about them is that they have been a victim of their own success. I doubt even they expected to be so big. Let’s just all stop pointing the finger & get our FACTS right before making accusations.
http://buxto-review.blogspot.com
so do bux.to just get a few guys to post on blogs and stuff that they invested eg.
3000 and made 10,000 ? lmao ! cant believe i fell for it… ( i didnt invest anything but a lot of time )
this guy, chris is an absolute retard. i mean really, these schemes to make cash easily (although time consuming sometimes) are stupid. you lose so much time to make like what, a few bucks and pennies? retards fall for this slow cash idea in their search for something for nothing.
bux.to payme a moth ago $10.02 i can´t say it is a scam. They pay late yes but they pay.
ive got paid today