You could end up like this poor chap in the picture if your government engages in out of control inflation. This is why it is time to take a more careful look at something that is truly limited and a store of value, Bitcoin or Cryptocurrency.
Think you are safe holding money by a government?
Let’s look at an excerpt from Horizon Kinetics, Market Commentary, October 2017
The Roman Empire debased its coinage for 2,000 years. As one example, during the 73 years between
Marcus Aurelius’s reign that ended in 180 CE and the beginning of the reign of Emperor Gallienus, the
denarius silver coin was debased from 75% silver to only 5%, by which time the silver was just a surface
coating that would wear off. That is 93% depreciation, which works out to about 3.6% per year.
– Staying with the 73 year timeframe, from 1943 to 2016, the U.S. dollar likewise lost 93% of its
purchasing power, based on an annualized inflation rate of just over 3.6%. For most of that period,
though, U.S. citizens could earn a comparable yield on their bank deposits or treasury bills, so that
purchasing power could be maintained. That’s not been the case over the past ten years, though, since
short-term interest rates have been kept near zero; today, money really does earn a negative return.
Bitcoin has a limited supply of 21 million coins. No more can be created. It is a decentralized currency so that nobody controls the supply. Even gold and silver do not give us a true comfort of limited supply. If the price of gold and silver were to go up dramatically we would find ways to mine more of it. My point is that we may hold less gold and silver than what is still untouched in the earth.
As a thought experiment, I would like you to consider the value of bit coin if it were to actually replace the money we use today. If there are only 21 million coins and the coin would have to account for trillions upon trillions of dollars you would discover that one bit coin is worth far more than the roughly 11,000.00 it is selling at…
How do you feel about crypto currency, let’s hear your opinions?
Bit coin has just crossed the threshold of $10,000.00 a coin. Searches for bit coin on google have surged. The government is taking a closer look. Complimentary services are popping up everywhere. A psychological and real barrier has been crossed. A big question for you, can your internet marketing capitalize on such a situation?
As we look to predict the future of the coin and it’s price, let me remind you of something I read recently. What the private sector initiates eventually the government regulates. More than 50% I believe the coin is overvalued for what it is, I think it has moved too fast. However, it’s difficult to hold true to that thought watching it go up and up. Just remember that a government ruling unfavorable to the coin will most surely cause a correction in price. My long term forecast for the coin is a good return. I think it will continue to go up, but, it is going to experience it’s bumps and bruises staying true to it’s high volatility it has exhibited so far.
As for the Legacy Team and it’s current sites look for us to address this current opportunity in exciting changes soon to come. Don’t worry we’ll never make it complicated staying true to our easy to follow business model. Be social, make friends along the way, have fun, get results, and make money.
I hope you’ve been collecting Legacy Gold because it is about to spike in value. It’s about to be worth a lot more than it currently is. Legacy Gold is our collection currency that has it’s home base at Legacyresult Go there and select the Legacy Gold tab to learn all about the fun collection game tied into earning traffic.
Are you a traffic exchange owner and know everything already. If so just zip down to Trial and Error in Traffic Exchange Ownership.
About 15 years ago I created a poker blog looking to earn from referrals or directing traffic. If you go searching for free traffic, online website hits, get website traffic, etc. you will eventually discover traffic exchanges if not right off the bat. So there was my first exposure. Now putting a blog about poker into traffic exchanges failed to earn me any money. Why did it fail?
Marketing in traffic exchanges is a highly targeted audience for very specific things. The majority of people in them are probably not poker players. A person surfing or building credits in a traffic exchange is looking to get free or low cost traffic to their business. So if you like traffic exchanges, which in my case I did, what does do well in them?
What Does Well in a Traffic Exchange?
Advertising Another Traffic Exchange– Far from rocket science, advertising a place to get more exposure to a person’s business in a way they are already familiar with and using is very targeted. But as we’ll see later, there is a better approach then just advertising a standard affiliate page.
An Internet Tool to Help Manage Traffic Exchange Business– You’ll see plenty of management software(most include a downline builder, a way of directing referral traffic to traffic exchanges and tools). It is highly targeted because a person viewing the ad is in a traffic exchange using it and is already familiar with what they are.
Affiliate Programs that Deal with Making Money in Online Business– Most in traffic exchanges are familiar with being an affiliate since a referral url/link is assigned right on signup to bring more people in.
A Future for Traffic Exchanges
Many will estimate that there are over 10,000 traffic exchanges world wide. Well, it won’t take very long to find out there are a lot of them. But, most of them have very little traffic. Just as death and taxes continue, you’re sure to see another traffic launch soon. Lot’s of people like to take their shot at it and a commercial script has made this even easier to enter the market.
As much as traffic exchange owners would like to see a car manufacturer come in and advertise their brand of car, it is a giant leap from what we see being done currently. Instead, the target market seems to be very, very specific. Interestingly, many of the people using te’s(traffic exchanges) own a car. It’s just that we are not on Ford’s radar. Our reach in sheer numbers is small compared to a television ad. It appears that traffic exchange people are here for some very specific reasons.
There are two big ideas to success in traffic exchange marketing. One is being a website owner and the other is building contacts(building a list). A website owner doesn’t have to create a traffic exchange but they are so highly targeted that many do. There is a lot less risk in creating something that is time proven. But maybe you are one of those people that thinks that being ordinary is the greatest risk off all. Website ownership has some amazing advantages. If you run a successful te then you are collecting email addresses in the process of building a client base that purchases from you. To me double punch is the words I think of.
If you don’t have the funds and/or resources for website ownership you can start with an autoresponder and a splash/capture page maker. Now you will be tasked with the great challenge of having something of VALUE to convince someone to give you their email address. Then you must have emails that are worth listening too. You must keep people’s attention. I want to stress that this is not an easy task. Don’t underestimate it and don’t quit your job thinking you’re gonna be a traffic exchange expert.
I feel that there is such a large population that give up in our industry and I really do feel like asking is there something I could have done different for them? Now if a person looks at the work, is properly informed about what to expect, then decide it isn’t for them… Well, then it’s like anything else in life. They are just looking for something different.
Trial and Error in Traffic Exchange Ownership
At this moment in time, April 13th, 2017, we are about to release a new currency for the traffic exchange industry. Promotional currency isn’t a new concept, yet, we will put our dedication and enthusiasm into a project designed to help the industry we care about. The Legacy Team likes to work from home, likes marketing, and likes traffic exchanges. If you’re a part of this industry as advertiser, hobbyist, or traffic exchange owner we encourage you to support this new effort in community and network.
As I reflect now, after five years, myself a surfer, I feel like I have a greater instinct about the motivations of people that use traffic exchanges. One or more of these probably cover our community: People use the sites to make money, be visible(active branding), collect email addresses for lead generation or share thoughts, entertainment, be part of a group, and/or because they like playing which of these icons are not like the others 🙂
Whatever your reason, we invite you to join the Legacy Team
That’s a Nice Front End! For those that take me literally front end in this post refers to the Attractive Value you use to Market, not necessarily a car front end.
Marketing in Traffic Exchanges has a lot to do with capturing someone’s interest quickly. If you know this then you know to use attractive images and promise something of value that pertains to your target audience. When you go to collect someone’s email address with a squeeze/capture page what is it that they can’t resist? What will they find out by hearing from you? What will they get? What’s in it for them? Why should they click on your advertisement?
If you do take the step into website ownership such as owning a traffic exchange or a tool to help the industry do you see how the value of the site is your magnet and attraction? It becomes your front end, the attraction, the magnet, the home base. Now if you get this front end to something of high quality, happy affiliates can help you build your list/email addresses/contacts.
If you gain the trust of your contacts/list then it becomes an easy matter to benefit from the rewards of referring people to your suggestions, the famous back end marketing!
Be thinking out there in the surf, in the industry, stay alert and alive.
Paypal said goodbye to the traffic exchange and mailer industry. It’s a crushing blow and the way they handled it is unethical. A so called reputable payment processor stops payments without warning and freezes funds??
In light of what happened, my next question is what are you going to do about it? I’m assuming that you are not going to leave the industry or you probably wouldn’t even be reading this.
We have added the payment processors payza and solid trust pay to the mix. I’m a big fan of Solid Trust Pay as they have always handled our withdrawals and their business record of ten years is eye opening. They take security seriously.
We suddenly released what I call a members market. We dropped prices for our lifetimes in an effort to build up funds at payza. But… whats coming for the future?
There has been talk of a script/software release in the future with terms of service/acceptable use attached to it. It may involve the policing of sites as well. Someone already said it “They are going to tell us how to run our business”…
What are your opinions about what happened, your answers to the future, did a certain revenue share program cause all the problems?, and was paypal ethical? Comments welcome!