Status report

Quick status report

This Monday it was quiet as every Monday.
There are additional shares available and anyone who decides today to buy more shares has still enough time (as far as we can assess).
Circa 13000 share are still freely available without any limit. Additionally there are still shares at disposal which were bought in the last few weeks and months. We will yet calculate those.

Again for a better understanding regarding the new changes:
Anyone who doesn't have yet 50 shares can continue to buy his shares until he has 50. 50 is a good number to make a bit of money on the side.

Anyone who already has 50 is allowed to buy three times more during half a year. However you can only use the money that is in the system.
In the future payments in the system will only happen between user to user, namely for share deals. Technically we are a user with a limited number of shares inside the network.

Shares for the old price can only be made from the profits from the at the moment still availably shares.
As upper limit we set 1000 shares (changed).
We believe 1000 is more than enough.
Anyone who has 1000 share and wants to have more has to get those in a time in which the old website and with that the linked free shares are available.
If anyone has already over 1000 shares that day, we want to leave the limit unchanged with 2000. However here also applies that you can only buy new shares with profits and only for 6 months.
We don't want to hold back or bother anyone with those rules but we analyzed the numbers and we have to make a few changes. 

It's getting better, the support is once working and Bitcoin payments are once again booked in normal times.

The web designer are delayed a bit as always but the functions are running properly and the database (for the tech people: NO MYSQL) is running very fast and safely.
We have partitioned the databases on different servers on which only our main serves has access to. If a hacker wanted to mess with it then they would need to hack 4 servers which is virtually impossible. SMS verification and double email verification for transaction. Everyone can decide for themselves from which sum on they want to have extra verification. In that way small transfers can be processed in no time at all.
We are looking forward to our new website because a lot of weight will be taken off our shoulders.
We don't have to do the payouts ourselves, neither with Bitcoin nor Perfectmoney. This means that payouts happen instantly.
Obviously with confirmation mail and/or SMS.

Everyone can pay out Bitcoin free of charge.

The internal transfer takes place readily as well free of charge.
We can even offer to the exchange between Bitcoin and Perfectmoney for only 1%. Everyone can pay out with Perfectmoney or with Bitcoin and change at all times.
As a lot of you often didn't receive emails you can choose alternatively SMS for all notifications.

In circa 8 weeks we will have an APP finished. There you can set a price alarm for share for example so that when you're out and about and the price of the share drops you get a signal tone and can go for it. Or you get a notification when the price is high so that you can sell your shares.
For the time being this APP will be only out for Android but according to estimates of the developers we should have a version for iOS later.

At the moment it happens from time to time that a payment with Perfectmoney doesn't appear directly in the back office. It can take a few minutes, sometimes even an hour. Please write NOT an email to the support.

We have decided there is a top price. One can never trade a share for over 200$ or under 56$. In that way we make sure that the buyers in the top area are not a speculator but instead buyers who want return. We would take countermeasures if the price evened out at that high level anyway.
200$ per share is going to make a monthly return of circa 8% which is still tolerable, as we believe.

At the moment you should still wait to sell shares because there is certainly a higher price when there are no new shares anymore.
Anyone who want's to sell his share despite that hast to expect a waiting time of 8-10 days.

There were some discrepancies with a few users which are already cleared up but I want to say a few words regarding that.
There are always problems somewhere. Those never fail to appear, especially not then when everyone is extremely sensitive to anything regarding money.
But when there is a problem one should settle that with us. To show in the public things onesided only gives us unnecessary work because due to that we get relating inquiries.
There was never a problem with which we couldn't cope. On the opposite, we fix anything to complete satisfaction. Maybe not always quick but effective. So patience is worth it and should be there especially when we are up to our ears with work.

Betshare is not any other program on the internet but a chance and a home for hundreds of people who want to build up a new life with us and it should stay that way. Anyone who isn't pleased can pack his things (and I mean their money) and go.
We most certainly don't stay in the way but for a great number of people we are and remain a financially stable pillar.

Thank you for reading and understanding

Frank