Cep on Page 2 at Nobullshit Network Forum

rSeNaL · 04-14-2007, 05:51 AM

People, when will you wake up and see that the only 2 ways to make money in surfing right now is to be a big referral getter, or join CEP sites. Leo of DrunksWorld says the surfing industry is losing members, and I believe that is not entirely true. I believe e-gold accepting sites are losing e-gold users. There are many who are tired of the scams and 99% of the scams accepted e-gold. Not one! Not one single CEP site, or even a site that accepts CEP Trust has scammed (not yet at least). Think about it. I laughed at all of you who bitched and moaned about having to open a Trust account to get your cashout from 4NM and DSM. Those of you who opted for the "special" cashout to your e-gold account, probably already lost it in LoyalSurf or some other "e-gold-only" acceptomg site, unless you lucked up in LightHalzen. Then I read later where you admit to having to eat crow. Enjoying that $3 dollar fee to cashout thousands straight to your bank account, huh? I know, not a percentage, but 3 bucks! 4NM and DSM members are getting paid, XLO members..NOT. Coastin 88 members are getting paid, LoyalSurf...NOT! CEP Coast...paid, Virtual-Surf....NOT! Keep putting your e-gold in Trammel, 10SitesDaily, and Club4Elite, they will all end soon and all the CEP members will be getting paid. Of course, there is the legal issue of a money transmitter license, but c'mon this is all a gamble. Are you going to keep betting on your favorite team to win the Superbowl every year, or bet on the best team, the one that has the best chance to win?

marius · 04-15-2007, 02:16 AM

rsenal, you said it verywell

Moboking · 05-15-2007, 09:58 AM

CEP sites are TopDog nobody is loosing money on any CEP site period!

I would like you to check this links for future information

VideoCast Link: http://www.moboking.com/mobocast

VideoCast Transcription: Moboking’s AutoSurf Blog - AutoSurf Remarks & Info

VideoCast Download: Index of ./

24/7 Chat-Room: http://www.hotconference.com/softwar...hp?id=49826072

Note: The Newscast Info is Approved, and Questions are answered by the CEP Admins

Hope it helps

Simon · 05-15-2007, 01:07 PM

The one thing that bothers me when i look at the surfing sites (doesn't apply to the passive opportunity) is the stats.

For instance Coastin88 was purporting to take in almost $3 million a couple of days ago, before the page was removed. I think that gives a bit of a false impression, since in reality isn't most of that money (in effect) being compounded through the daily cashout-cashin procedure? At least, I can see no difference between compounding internally, and moving the profit balance to another site and back again.

It isn't a big thing, I would just rather have seen the fresh money coming in per day to get a feel for how well it is really growing, rather than the re-cycled money stats.

makila · 05-15-2007, 04:38 PM

I dont wanna sound negative but the net is slowly closing around CEP. They will crash, its just a matter of time. You see .. I dont believe in dreams, and the returns of CEP are a dream, so they are "false". You agree or not, future will tell, but don't whine at me when I said "I told you so..."

The most important thing about CEP is that its currently HOT, so withdraw your initial, then play with your profits and let your money ride on the speedy train.

Do not compound forever without withdrawing your initial. Thats the only good advise I can give.

Moboking · 05-15-2007, 06:44 PM

I understand that nothing last forever, but CEP is going since Nov 05 (PAYING) anyways getting your principal back soon is common sense for ANY investment.

Also C88 and CEPC stat's used to show real money, NOT compound money, since that money is back in the site by member buying new adpacks, most of the old members are doing 10/90 so, getting your money in the bank but at the same time feeding your account.

Maybe is just me, but I can't be happier and safer than here

Simon · 05-15-2007, 08:18 PM

Nah, I still don't think it is all real money. You are mostly using money put into the system (and then got back directly as profit) to buy new ad packs. It is akin to compounding from my point of view, because you are recycling it over and over, instead of creating new wealth.

A very simplified example - if I put $100 into a closed system profitshare, and then get $5 back the first day in profit. I then put the $5 back in - is there really $105 in the system? No there isn't. The fact that there are many people putting in money, and that ad packs eventually drop off doesn't change that fact. If there is no revenue generated from funds collected (can't really be if 88% is paid out per day), either by trading or through advertisers who don't participate in the profitshare aspect, then you aren't creating more money - other than by bringing in more members.

In theory, they could use the probablities system and suppose that no more than a certain percentage of members will cash out at once, and so invest a proportion of funds to generate revenue from them. However, this would make the system a partial ponzi (paying out revenue you don't yet have), and so is not a good idea whilst set daily payouts continue.

That's my take on the system. The passive CEP opportunity seems different however - since they take funds, generate revenue from it, and pay back profits they make. You can't really do that with a profitshare if the funds are always moving in and out the system.

Until an autosurf comes along that only pays people using profits generated from member capital then I don't think I would call any such site fully legitimate. This means (1) no daily / set payouts, (2) revenue generation model that can be sustained, and the concepts used made clear to members, and (3) making profit to pay profit. Maybe this is close to what the passive CEP "investment" site does ( I don't know), but the CEP surf sites don't follow the same model.

Anyone else care to comment on the above, in case I'm missing something in my analysis. Please, no "evidence" based on past history or loyalty, I just want to get down to the rationality and reasoning behind the profitshare daily payout model. I've been wrong in the past, I'll be wrong again - all I want to do is discuss how it works and throw some ideas around.

HeyJude · 05-19-2007, 02:14 AM

From the Coastin88 forum:

Coastin' 88 :: View topic - Update!

Quote:

Friday, 18 May 5.16 pm

Dear members, We are currently making administrative changes to our website and undergoing a restructuring process. It is likely that the rates of the commissions will drop in order to adhere to newly prescribed operating standards.

Further information is not available, so we request that you do not submit tickets or e-mails regarding this matter. Thank you for your patience and continued support.

The Staff at Coastin88

Guys and gals, We know that you want more information but currently this is all that we have to give you. As we have more we will keep you updated as always. Skye

Quote:

And earlier, this:

Dear Members,
We have been making continuous efforts to ensure the longevity of the program through various licensing and security measures. However, yesterday we became aware of a significant administrative deficiency that has resulted in the halting of transactions to and from CEP. We are doing everything in our power to seek the highest assistance in fixing this problem as quickly as possible so we can continue to support our members.

Unfortunately, we do not have a time frame for when we will resume. CEP forums and accounts will remain open, but daily monetary transactions cannot be conducted during this time. As we are able, we will keep you informed. Further information is not available, so we request that you do not submit tickets or e-mails regarding this matter. Thank you for your patience and continued support and prayers. Thank you, All the staff at CEP

According to the latest post by the site admin at CEP Trust forum, the payment processor is operating business as usual, at the moment.

But, I ask, for how long?

HeyJude

Simon · 05-19-2007, 02:31 AM

What's your overall impression of the program status? Just a temporary blip, or sympotmatic of something more serious?

HeyJude · 05-19-2007, 03:12 AM

Quote:

Originally Posted by Simon

Nah, I still don't think it is all real money. You are mostly using money put into the system (and then got back directly as profit) to buy new ad packs. It is akin to compounding from my point of view, because you are recycling it over and over, instead of creating new wealth.....

Simon, you are spot on. It's monopoly money, plain and simple. I put in ten bucks and by compounding, it grew it into over a hundred bucks in no time.

If they had continued to allow e-gold, I would have given them fresh funds, but as soon as they announced "no e-gold", I knew it was the beginning of the end, for me, anyway, as I was not going to get into banking related transactions with them until they announced the licensing and legality of CEP Trust.

If the viability and profitability of the CEP Trust payment processor takes priority, they might do what Stella and Marc did at Solid Trust Pay, that is, give up the surf sites and focus on getting the payment processor licensed and operating. More profit in that for them anyway.

I doubt that they can get a license for the payment processor while still operating the surf sites, unless they could legally change the ownership status so that the two arms of their business stand more independently
of each other.

I believe the "deficiency" they refer to is more than just a temporary blip. I'd guess that decreasing the daily rate on the surf site from 5% to a little over 1% daily signals some financial concerns.

Of course we won't know the full story until they tell us.

HeyJude