* Intro to how to purchase a web site (0:00 - 0:18)
* Experiences from myself (0:19 - 0:58)
* What to look for (0:59 - 2:35)
* My personal advise (2:36 - 4:00)
* Asking questions (4:01 - 4:27)
* Wrap up (4:28 - 4:44)
I have been thinking about a possible purchase of another web site for sometime now and after an extensive research on my own I have realized that there are not just a small market but a tremendous amount of scams out there. The ironic thing about it was that people were rushing into it and purchasing it like flies without knowing the basics of the "how to's" in diagnosing from a bargain into a scam. Therefore I thought I put up a video on the how to's on purchasing a web site through my video.
There are many reasons why someone like you and I would want to purchase a web site. Whether it is to dissect the web site, investment, or a possible venture, it is very important to look at several crucial areas about the web site before making a move. If you are too lazy to watch the video, here's kind of my take on purchasing a web site and where to really watch out when you are considering a purchase.
1. Examine the amount of visitors - Ask for screen shots, proof, do a Alexa check on the web site, and check the inbound links into the web site. Is it a few? A lot? Mixed?
2. Ownership - Is this web site owned by the seller? Is it constructed and coded by the seller? Does the web site have reseller rights? Was this web site transacted from another person beforehand and if so, who?
3. Coding - How is the web site being coded? Is this code being given to you? Does the owner own or coded itself?
4. Server requirements - What is the bandwith, storage space that is needed for the web site? Is there a specific amount of ram, storage space that is required for optimization?
5. SEO - Has this web site been optimized beforehand? Is the web site ranked? What type of optimization has it been done? White hat? Black hat? etc.
6. Revenue - How is the web site raking its profits? What type of source and what would be the 1-2-3 to maintain it at that level? What is the general requirement in time to invest into maintaining it? Are there any screen shots on the revenue? Is the revenue consistent or does it seem fishy?
7. Chargebacks -If you decided to give the web site back to the original owner within a few days after the purchase, how willing is the original seller help amend the transaction? How much would the fee cost?
8. The reasons for selling - Always ask for the reason behind the sell of the web site. Is it because it is a product going obsolete? Is it because that the traffic is going down to the tubes? Etc.
9. Support - How would the after service be and the amount of time afterwards? A week? A month? Etc.
10. Additional questions - Ask as many questions as you like and don't be shy. Remember, anything that looks fishy should always signal a red flag and proceed it with caution.
* Debate and conversation background (0:55 - 1:20)
* Pros and cons with e-gold (1:21 - 3:56)
* e-gold recommendations and wrap up (3:57 - 4:47)
For those of you have read my original review on e-gold, you would have found that I am not a big advocate for e-gold as an investment; a popular online currency that is backed by gold. If you have missed my original review and are interested in reading about it, you can read it by clicking here.
I have considered my first review quite extensive, however after a recent debate with another user who is an advocate and uses e-gold under a day to day transaction I have decided to continue to dig into the topic of e-gold as I have learned new information about it. Some of the major topics which I felt are fundamentally flawed with e-gold can be found with the video today.
The biggest hole that I've found with e-gold through my conversation with the gentleman is that e-gold is aiming to become a legitimate digital currency. As e-gold is backed by gold, if its aim is for security and not investment then why would anyone secure themselves in e-gold? If it becomes a digital currency, then what will it backed by then? Besides e-gold, there are many digital currencies who also claims to be the most popular. How would you then distinguish the differences of the two beside the backing of gold for e-gold? What if e-gold ends up closing its doors to its investors and declares bankrupcy? What securities would the investor have instead of a piece of solid gold or a number according to e-gold? There are just seem to be many loop holes where e-gold has yet to explain and it's always smart to becareful then be sorry.
After our conversation, it has only affirmed my recoomendation to my viewers in e-gold to not invest. Unless you have already a huge vasted investment in e-gold or a deep understanding of gold I would recommend staying put and see what happens. That is the right way to make money smart!
-Swapw "Making money smart"
Beneath is my conversation and debate with the gentleman, hopefully you find it informative and useful.
User (15 hours ago) marked as spam You're not completely accurate on egold. Our company and affiliates and associates have been legally using e-gold since 1996. eGold is extremely popular in certain internet related arenas, not all illegal, contrary to the belief of many. It's a mistake to not point out that most ACTIVE egold users buy & sell using third party exchangers (eCurrencyExchangers -com) who convert it to other digital currencies or cash (check, bank wires, etc.). (Reply) (Remove) (Block User) (Spam)
swapw (11 hours ago) marked as spam Actually, this is a point that I did point out in my video. Many viewers would agree jumping into something that is "popular" may not be something that's profitable or even accurate. (Reply) (Remove) (Block User) (Spam)
User (15 hours ago) marked as spam Almost NO ONE BAILS OUT (redeems for gold), & they mostly enjoy the idea of their holdings being backed by value instead of just numbers on the screen. You point out that e-gold transactions are final. This is an important reason why quite a number of businesses (including some well establish web hosting companies) accept e-gold. (Reply) (Remove) (Block User) (Spam)
swapw (11 hours ago) marked as spam Your point is exactly why it's very dangerous. Since it is an institution without FDIC insurance, it can close down its' doors at anytime and users cannot be warranted in their securities. This type of story or scheme is just too common shown on TV everday. (Reply) (Remove) (Block User) (Spam)
User (10 hours ago) marked as spam No sir. Your point in misconstrued. E-gold is neither Bank, check cashing agency, or Money service business. e-gold is, by slang, a new breed "digital currency" and by function, a debit/credit accounting system whose value is based intrinsically on Gold. FDIC insurance is irrelevant. Banks are FDIC insured, but is the U.S. federal reserve? Research before reply. Over inflated, much indebted, fiat U.S. dollar used to be Gold back too. What happened? (Reply) (Remove) (Block User) (Spam)
User (9 hours ago) marked as spam New Comment (Pending Approval)The U.S. dollar is fiat - not backed. FDIC covers up to $100,000 usd for BANK failures. Not private business. Paypal, a money service business, holdings in U.S. Banks are backed to this amount. Nothing else. Paypal is not a DIGITAL CURRENCY. You need to understand the difference. I could lose 1 million invested in ebay with no recourse, at anytime. The only thing that makes ebay a bad investment is it's viability. egold is very viable. (Reply) (Remove) (Block User) (Approve) (Spam)
swapw (4 hours ago) marked as spam I would like to follow-up by a point by point reasoning. Before we can pin point e-gold as a digital currency we have to first look into gold itself. Gold is only as valuable as any commodity that people perceive it to be, as newer generations abandoning the values of the old gold is not perceived as an equivalent value to anyone today. (Reply) (Remove) (Block User) (Spam)
swapw (4 hours ago) marked as spam If the viewer's value in gold means nothing, then e-gold would prove to be meaningless. A digital currency that is based on a fab trend of hype on gold is to be highly cautious. (Reply) (Remove) (Block User) (Spam)
swapw (4 hours ago) marked as spam That is not to mention there are other forms of digital currency that are available. It is open to debate whether e-gold would be proved supreme while a "defined" digital currency has yet to be determined. In the meanwhile, it still runs the risk as fraud if it decides to close its doors one day. If you are in the e-gold business, you would an expert at gold which is an asset. Like gold, to make money through it is not as flexible and you would be aiming for a long term solution. (Reply) (Remove) (Block User) (Spam)
swapw (4 hours ago) marked as spam Unless it is liquid it would fall under my video's comment as "unless you are deeply into gold as an investment, I would highly suggest not jumping into it." (Reply) (Remove) (Block User) (Spam)
User (15 hours ago) marked as spam and finally, many users have gotten paypal to reverse charges, thus cheating the hosting company out of payment/services. So there are pros and cons on BOTH ends, and in the end all parties should be doing their due diligence and not letting the payment service be the judge. (Reply) (Remove) (Block User) (Spam)
swapw (11 hours ago) marked as spam I'm not too sure if you are familiar with payment services of Paypal. If they examine only one side, I would then not recommend it. However, due to its reliability and its solution to situational examination from both sides it has proved to be a more popular security. Not to mention that it provides users interests as suppose to E-gold who doesn't. (Reply) (Remove) (Block User) (Spam)
User (10 hours ago) marked as spam No? Well let me assure you: a) Paypal was weaned from lies and deceit at it's user's expense, which their enormous initial debt. Perhaps they will tell you the truth. b) We experienced this 1st hand, and it had nothing to do with their honesty. BUt all is well, as this was business, and nothing personal to me. And again, paypal is a Money Transmittal service, not an electronic ecurrency - or threat to fiat (unbacked) hard currency. (Reply) (Remove) (Block User) (Spam)
User (9 hours ago) marked as spam We understand paypal well. EXPERIENCE. Fundamental difference is that egold is intended to be an digital currency. Paypal is a money service business. The US DOJ has valid concern , but not what you think. A different threat. egold has numerous times applied for licensing & been denied. egold can't touch the fraud of the credit card industry. Jackson created something the U.S. was originally based on, but is lost amongst the sleeping. Some are convinced that the USA is the new Old England. (Reply) (Remove) (Block User) (Spam)
swapw (3 hours ago) marked as spam I would like to close our debate as this. Before anything like E-gold should be looked at, each individual should seriously examine the value of gold. (Reply) (Remove) (Block User) (Spam)
swapw (3 hours ago) marked as spam If you believe gold would be the currency of tomorrow and that it will appreciate in value, invest by any means. However, if you think otherwise like I do then I would suggest a continuation of your current investments. (Reply) (Remove) (Block User) (Spam)
swapw (3 hours ago) marked as spam Remember, it's never too late to jump in later then to be sorry always. Good luck with all of your investments.-Swapw (Reply) (Remove) (Block User) (Spam)
User (3 hours ago) marked as spam I actually agree with you on both points, more on the 1st point. If treat your egold holdings as an investment then you SHOULD consider the underlying gold price. If you are doing quick purchasing transactions with merchants that give discounts for using egold or if you are a merchant entertaining all forms of payments (like us) then egold is what it is. Simply another form of payment. By the way, visa charges us 3% and we exchange egold for 1%. (Reply) (Remove) (Block User) (Spam)
User (3 hours ago) marked as spam And no. The 3% does protect us from visa doing a charge back when it is found that the card was stolen, and they never catch the thief... (Reply) (Remove) (Block User) (Spam)
User (3 hours ago) marked as spam I mean: The 3% does >NOT< color="#3333ff">(Reply) (Remove) (Block User) (Spam)
User (3 hours ago) marked as spam Perhaps you are speaking more to someone who seems to be your specific audience (mentioning your blog), but I've only commented that you did not paint the full picture of egold's use. You propose and perhaps get others to presume that e-gold is an Investment when if you examine the world of the common egold user, and the history of egold's founder and promoting itself, it is put forth mostly as a method of irrevocable and private transacting (in line with eff dot org's goal for privacy). (Reply) (Remove) (Block User) (Spam)
How does it feel to get paid to do nothing but simply placing banners into your web site? I love itand I bet you do too. Yes, these guys are the real deal and through my video today I will introduce you a web site that does exactly that. The amazing part of it is that these guys from Bucks4banners pays you every month that you have their banners up in your site! No, they don't just provide you with a one time payment but they actually pay you every month that you have their banners up in your web site.
The only inconvenient thing that I've thought when I've examined the web site is that you'll have to place banners in three of your web pages and that they pay in Euros. You might think, "oh man...Euros it doesn't apply to us Americans" and the answer is NO it's not true. Euros, although may seemed inconvenient to the some of us but I truly believe that Euros will continue to comb and it is indeed not a bad way of investment in itself if you are looking in the long hall.
If you don't mind about these types of conditions, it's a pretty cool way to stash up residual incomes for doing nothing. From my personal examination, I can't seem to tell any tricks or gimmicks from the web site so I would give it a go for anyone who's interested in getting paid! To make money smart, the key is to stash up your residual incomes monthly and as these small amounts build up the only person truly benefits in the end is yourself. It's always a good idea to pay attention on opportunities like this and take advantage of it while it's still around. Since the time frame of my discovery in this web site is still quite new, I am also in the process of applying to Bucks4banners myself and I would love to exchange views with anyone of you guys in your experiences!
-Swapw "Making money smart"
* Intro and introduction about Bucks4banners (0:00 - 0:22)
* Details about the web site (0:23 - 1:30)
* Advantages this web site offers vs its competition (1:31 - 3:50)
E-gold, a growing internet currency which has gained through the past few months. Is it safe? Is it real? Is it a good investment? I will provide you the details of how I personally feel about the growing phenomenon of people jumping into the whole ordeal through my video. I am not a very big risk jumper unless I understand the whole details shown by the market and from my understanding and research, I found e-gold not to be a preference of use on my recommendations to my readers. As you can see from the graph below, throughout the history of gold that it always had a steady flow of increase until the past couple years where the gold was then traded heavily due to the instability of the US economy.
Although traditionally seemed as a good and steady investment, we have to be more cautious when gold prices reached record highs in a very unusual high percentage of growth. Like real estate, this can mean a bubble that's waiting to burst which I believe heavily just on the actual gold market alone. Besides just looking at the gold itself, e-gold is another entity that functions separately in a similar fashion to paypal. One of the biggest difference between the two is where Paypal if proper explanation were to be provided allows the transaction to be reversed versus e-gold where it is permenant. Whenever there's a transaction whether it is e-gold to the dollar, the dollar into e-gold, or e-gold money into the actual gold metal, there are always transaction associated fees with each and everyone of them.
Unless you have a fairly decent heavy amount of e-gold in your account which makes e-gold actually profitable with its price continue to rise at a steady pace, to make back your original investment without losing much poses a serious challenge. Not to mention any type of transaction that you make with your e-gold whether it is an investment or exchange that there are no shortage of of scam artists who take the advantage of irreversible transactions between e-gold. Last but not least, you will be required to make up all the transaction fees in your e-gold account just to simply break even!
* Intro of what e-gold is (0:00 - 0:37) * How do you really get e-gold (0:38 - 1:25) * Gold in general and where it's going (1:26 - 2:52) * Downside and recommendation(2:53 - 3:52) * Wrap up (3:53 - 4:18)
I am a 28 years old entrepreneur on the internet and a partner of an international consulting company. I currently resides in CA, US and I enjoy bloggging in my spare time about money making online. As I continue to learn continuously, I try my very best to share with my readers everything that I have learned.
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