Dotview #3 Making Money Online

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“ALL THE INTERNET THAT’S FIT TO PRINT”

LISTEN, I’M A CAPITALIST. UK EVE ONLINE PLAYER STEALS $45,000 WORTH OF ISK IN MASSIVE TINVESTMENT SCAM Page 10/11

I LIKE

dotv iew The Magazine for Comments on the Web ISSUE 3 MARCH 2014

This Issue: about Making Money Online

MONEY

By LISA CHARLOTTE ROST on March 8, 2014 11:33 AM

MONEY MAKES THE WORLD GOES ROUND. AND JOURNALISM. AND THE WEB.

A LOT

UK WARNS OF RANSOM SCAM TARGETING 10S OF MILLIONS Page 4/5

This short introduction will explain the P U R P O S E and S T R U C T U R E of the magazine dotview about Money.

Not only since yesterday the newspapers got competition with free user-generated content on the web. Is Journalism dead? The dot-view magazine has always suggested a close companionship of Journalism and web content instead of enmity.

Journalism is important for the overview; for linking the dots.

The dots itself include the many individuals on the Web who want to share their complementary stories and opinions. The result of old and new media working together is a bigger picture.

And still, the newspaper world and the Web world are differ-

‘FUNNY MONEY’ HAS OFFICIALLY ENTERED THE REAL WORLD Page 4/5

HOW THE INTERNET CREATED A MULTI-BILLION DOLLAR PORN INDUSTRY Page 8/9

ent and want to be celebrated as such. The new issue of dotview wants to show that and separates these two universes: The pages in black and white represent the printing world with its professional journalism – but with stories that are accessible on the web sites of the individual publishers.

Halfway through the magazine, the pages are more colorful and

I’m looking forward to feedback. If you like or dislike this magazine, email me and tell me why: L I S A C H A R L O T T E R O S T @ G M A I L . C O M You can also have a look at the other issues of dotview on lisacharlotterost.de

chaotic: They offer one view on the wild west of user-generated content on the web. Like so many websites they can be overwhelming and exhausting – but it’s worth to get into them, because they are full of exciting, unknown stories and opinions.

If somebody wants to go even deeper: In the end of the magazine, the reader can find a list with all the sources of the images and texts in the magazine.

I hope this magazine is enjoyable and I look forward to feedback. Sincerely, Lisa

SILK ROAD 2.0 HACKED WITH OVER £1.6M WORTH OF BITCOIN ‘STOLEN’ Page 8/9

CASH POURS IN FOR STUDENT WITH $1M WEB IDEA Page 52/53

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Money & Happiness – Internet Finance – Kickstarter – Google Adsense

By ELEANOR HARDING updated on 00:39 GMT, 16 January 2012

WHY MONEY REALLY CAN BUY YOU HAPPINESS C A S H is the most important factor in making us feel content, say researchers He spent millions trying to measure national wellbeing. Now researchers say the Prime Minister needn’t have bothered as they already know what makes us happy – and it doesn’t take a genius to guess the answer.

Money – and lots of it – is the most important factor in a person’s happiness, according to a comprehensive think tank report.

Findings by the Institute of Economic Affairs show that happiness levels correlate with the amount of wealth a person accumulates.

And, in contrast to popular belief, it does not level off when the assets reach a certain threshold.

The report, by a dozen academics from around the world, has dismissed David Cameron’s strategy of promoting happiness over other objectives. It suggests he would have done far better to invest the time and money into simply making us all better off by boosting Britain’s flatlining GDP. Philip Booth, editorial director at the IEA, told The Sunday Times: ‘The Government is spending money on collecting happiness statistics in order to promote government policies to try to increase national happiness.

‘This is a flawed policy and based on a complete misconception.’

Drawing from an array of data from 126 countries, the report is published today to coincide with ‘Blue Monday’, which has been identified as the most miserable day of the year because of factors including weather, time of year and debt levels. Its most controversial finding contradicts the widely-held belief that above a certain income level, people do not become any happier. The theory, conceived in 1974 by wellbeing expert Richard Easterlin, claimed that happiness stagnates when income rises beyond a certain level.

And two years ago, a study at Princeton University claimed to have found that wellbeing stopped increasing at £58,700 – with an

increase of as much as a third making little difference.

But the report, The Pursuit of Happiness, condemns the theory as a ‘myth’ and ‘fake’. It argues a 20 per cent rise in income has the same impact on wellbeing irrespective of how much wealth the person has initially. It states: ‘No country is rich enough to have hit a satiation point, if such a point exists.

‘These findings are robust and use an extremely rich set of data.

Richer individuals are happier with their lives.’

The report says this holds true for 140 countries studied, in which ‘the relationship between income and satisfaction is remarkably similar’. The report’s authors include British academics as well as those from Spain, America, Holland and Denmark.

It is likely to dismay Downing Street, as it suggests there is little hope of improving Britons’ mood unless the economy improves.

GDP is expected to show growth of just 0.1 per cent at best later this month.

David Cameron said six years ago it was ‘time to admit there’s more to life than money’ and has talked much about promoting wellbeing while in office. Last year, he announced plans to spend £2m a year finding out how to measure wellbeing, focussing on ‘all those things that make life worthwhile’.

A pilot study found three-quarters of people rate their life satisfaction at seven out of 10. The concept of measuring happiness was first tried out in the Himalayan kingdom of Bhutan 40 years ago by its then king, Jigme Singye Wangchuck, who said progress should be measured by Gross National Happiness. In the last four decades, similar ideas have been taken on board by governments around the world, who have implemented policies aimed at promoting wellbeing rather than income.

The story continues on page 13

Making Money Online March 2014 GET MORE VALUE FROM YOUR ONLINE CONTENT Google AdSense provides a free, flexible way to earn money from your websites, mobile sites, and site search results with relevant and engaging ads.

AdSense has helped over two million partners grow their businesses in the last 10 years. Have AdSense fund your content so you can focus on creating even more.

By ADAM OSTROW on MAY 24, 2010

HOW MUCH REVENUE DOES GOOGLE KEEP FROM ADSENSE? Google has finally disclosed the percentage of revenue it keeps from publishers that participate in its AdSense program, which places text ads alongside content on third-party websites.

The breakdown: 32% of revenue from publishers in the AdSense for content program, and 49% from

The Top 10 Countries by Money Pledged on Kickstarter, by MATT PETRONZIO

Kickstarter passed $1 billion in pledges on Monday, more than half of which was pledged within the past year alone.

More than 5.7 million people have backed creative projects on the crowdfunding site, from 224 countries and territories on all seven continents. Kickstarter backers in the U.S. take the cake for most money pledged — a grand total of $663.32 million. The UK takes the next spot with $54.43 million, followed by Canada with $44.91 million.

EXPERTS: INTERNET FINANCE TO BOOST DOMESTIC ECONOMY IN 2014

By EDITOR JAMES on 03-04-2014 16:46 BJT

A popular saying within the financial industry is that 2013 was the year of Internet finance. The innovative power of internet technology has brought a series of changes to the industry.

Before 2013, finance was once thought of as the exclusive domain of traditional institutions. China’s internet giants are the gamer changers.

Tencent and Alibaba, saw exponential growth in their mobile payment services last year. Even more remarkable was Alibaba’s pioneering product Yu’ebao- an online wealth management service, that attracted almost 250 billion yuan in just 7 months, making it the biggest currency fund in China. There is also P2P lending, platforms that connect micro loans and borrowers. Last year its volume hit over 100 billion yuan. Such rapid growth has raised concerns over security of Internet finance. But business insiders say the risk should not be exaggerated.

Yang Yifu, co-founder of Renrenyouxin.com, said, “The essence of internet finance is to simplify user experience. However, the core of finance in this case has not changed, which is risk management. Internet finance will not weaken any risk management process.”

“Internet finance is in accordance with the government’s objective to let more private capital into the financial sector. Internet technology can speed up this process. Overall, it will lower businesses’ lending costs and benefit everybody,”Yang said.

That spirit of the internet and evident consumer demand, could drive internet finance growth further in 2014.

those who run AdSense alongside Google search on their own sites.

That means that publishers keep the majority of revenue from AdSense, though Google notes that it does negotiate special deals with major websites.

While Google says its sharing these numbers in the “spirit of greater transparency,” it is also using the opportunity to address competing products. In a blog post, the company writes, “when considering different monetization options, we encourage you to focus on the total revenue generated from your site, rather than just revenue share, which can be misleading.” In other words, while some networks might promise a greater revenue share, they might not always be able to collect on it from advertisers.

For now, Google’s not disclosing the revenue share on AdSense for mobile, feeds and games, areas it describes as “quickly evolving.”

The story continues on page 16

Making Money Online March 2014

By RICK BROIDA on April 16, 2013 8:50 AM PDT

SWAG BUCKS: YEAH, IT’S STILL A THING The service continues to offer R E W A R D S – real ones – for things you already do O N L I N E , like searching

the Web and watching videos.

It was just over three years ago that I first encountered (and wrote about) Swag Bucks, a service that rewards you for completing various online activities.

I used it pretty hot and heavy for about a year, eventually accumulating some downright decent prizes, but then it dropped off my radar. Way, way off – I kind of forgot it existed.

Come to find out, though, that Swag Bucks is alive and well – and still a rather interesting way to score freebies just for doing stuff you might already be doing anyway.

For example, you can earn points (“swag bucks,” natch) for things like Web searches. You can search via the Swag Bucks site, or install a toolbar or plug-in for your browser, thus saving you the extra step of heading to the Swag Bucks home page.

You can also score bucks by shopping online, same as you normally would. This works not unlike cashback services such as Ebates: just start your shopping at the Swag

Swag Bucks – Online Dating Scams

Bucks portal, then earn x bucks for every dollar you end up spending.

If you’re headed to Amazon, for example, you can score three bucks per dollar just by clicking through Swag Bucks first. At Hotels.com: six bucks per dollar spent.

Other earning options include watching videos (which you can also do via Swag Bucks’ Android app), playing games, completing surveys, and even clipping (and using) grocery-store coupons. How much time you want to devote to all this is up to you. But if you spend, say, 5 to 10 minutes per day on various activities, your bucks will definitely start to add up.

Once they do, head to the Rewards Store to exchange them for things like tech gear (Kindle Fire, anyone?), gift cards, and charitable donations. For example, 500 swag bucks gets you a $5 Starbucks gift card. For 2,500 you get $25 in PayPal cash.

Not huge prizes by any means, but fun freebies that I find kind of fun to earn. I’ve used Swag Bucks enough to confirm that it’s the real deal, and definitely worth a try if you like free stuff.

The story continues on page 16 Swag Bucks: Start your day off right Join today and start earning your FREE Gift Cards Members have earned

$57,195,537 in Rewards

By Angelita Felixberto updated on 00:39 GMT, 16 January 2012

ONLINE DATING SCAMS: A MULTIMILLION DOLLAR INDUSTRY The internet has revolutionized modern romance and dating, and online scammers are taking full advantage of the anonymity that online dating offers.

“I do not know how to express the conflicting emotions that have surged like a storm through my heart all night long. You have the greatest soul, the noblest nature, the sweetest, most loving heart I have ever known, and my love and admiration for you have increased so much since we’ve known each other that it still amazes me. You are more wonderful and lovely in my eyes than you ever were before; and my pride and joy and gratitude that you should love me with such a perfect love are beyond all expression. Love Always,” This kind of sweet, hopelessly romantic literary gesture slays hundreds of thousands of hearts, and lays financial waste to victims

around the globe thanks to Internet schemes designed to take advantage of lonely hearts and trusting souls.

THE SWEETHEART SCAM WAS BORN

In 2005, Barb Sluppick met an Englishman through one of her online message groups. He said he lived in Arizona but was working in Virginia. The picture he sent showed an attractive gentleman.

Though she was at times leery because she’d never actually met him, the romance blossomed.

Then the Englishman needed a little help cashing checks. During their first phone call, Barb said, she got sick to her stomach when instead of the proper British accent she expected, the voice was of a Nigerian man. The man eventually acknowledged that he was from Lagos.

Theresa Smalley fell in love around that same time. In his picture, Richie was a bearded guy curled up on a couch with his cat.

It started with a chat, then friendly emails, then it swelled into passion. He sent her chocolates, a teddy bear, and an “I love you” balloon for Valentine’s Day. Smalley was smitten, and she couldn’t wait for Richie to visit her in Ohio after he finished his job ... in Nigeria.

Months down the road, Richie said he had problems cashing money orders and asked if Smalley could help. Over a few weeks, as he prepared to leave the country, Smalley cashed them for him – until her bank notified her that there were alterations in the money orders. They had been purchased for $20, then “washed” and “doctored” to read $900. Smalley still held out hope until a friend pointed her to an Internet site devoted to Nigerian scams. Smalley was devastated. Her four-month whirlwind romance was only a ploy to earn her trust.

Sluppick and Smalley founded the Yahoo group “Romancescams” to share their stories and hopefully prevent others from suffering the pain, humiliation, and financial loss of of online romance fraud.

As of May 2013, their organization has grown to more than 59,000 people who together reported losses totaling more than $25 million. And that’s only a portion of all losses reported to law enforcement officials, which is likely only a fraction of the total crimes perpetrated but never reported.

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Through ChristianMingle.com, a Nigerian man swindled a 66-yearold divorcee out of $300,000. Under the guise of “David Holmes,” an Irishman working on a Scottish oil rig, he built a relationship, eventually asking for help paying off his daughter’s tuition. Then she helped him fund his oil rig business, pulling money from her retirement account and refinancing her home for the man she loved.

She was in the process of sending him another $200,000 when her family, with the help of Turkish banking officials and the Santa Clara County District Attorney’s office, froze the transaction. The Skype and email accounts used by “David Holmes” were traced back to Nigeria and Turkish authorities were able to nab an associate of the scammer at the bank designated for the fund transfer.

Match.com, consistently ranking as one of the world’s largest dating sites, employs a team of fraud agents to detect potential scams.

But the company itself reports that “sophisticated criminals” slip through its checking process.

People on social sites – not just the dating variety – have fallen prey, too. Ryan (who asked his last name to be withheld) reported that he was hanging out in a chatroom devoted to fans of the Grateful Dead. “The thing that duped me was the whole music issue. She seemed to be into the music I was into.” Five weeks later, he had sent $15,200 to the seductive scammer, only to have the bank call, freezing all $11,000 in his bank account – most of it from a student loan earmarked for the next semester’s tuition.

DONNING THE MILITARY UNIFORM

Frequently, members of the military are unwitting tools in the deception, according to Romancescams.com. Maj. Gordon Hannett’s grinning face, with three happy children in the photo, has been used to seduce lonely women online, stealing their hearts and thousands of dollars. A 46-year-old reserve military policeman at a base in Washington and an attorney in civilian life, Maj. Hannett stated in an interview with Army Times that he has heard from over 300 women complaining about online romance LONELY HEARTS CLUB scams using his identity.

No website is immune from the claws Maj. Hannett is certainly not of the online romance scammers. alone. Special agents from the

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Online Dating Scams – Ransomware

Army Criminal Investigation UK WARNS OF RANSOM SCAM TARGETING 10S OF MILLIONS Command have warned repeatNovember 15, 2013 edly that photos of soldiers, from privates to the highest-ranking LONDON (AP) — The British government has issued an unusually generals, are being used to seduce stark warning about a cyberscam that locks users out of their computfor love and solicit money from ers unless they pay a ransom, saying that tens of millions of people vulnerable online romance seekmay soon be targeted. ers. Many of these soldiers remain In a message headlined “URGENT ALERT,” Britain’s National unaware.

Crime Agency said Friday they were aware of a “mass email spamming Usually, the scammers use phoevent that is ongoing” and urged computer users to beware messages tos and identities of real soldiers, purporting to come from their bank. including name and rank. Other The scam works by tricking users into downloading CryptoLocker, times, the soldier whose identity a piece of malicious software that encrypts a user’s hard drive, effecwas stolen was killed in action and tively scrambling all their personal documents and photos. the criminals use the hero’s idenA countdown clock appears on the screen warning that the files will tity to further their twisted scam. be lost irrevocably unless a ransom is paid, typically through hard-toIn other cases, perpetrators use trace cybercurrencies such as Bitcoin. photos of married soldiers from which heart-tugging stories of portation costs, communication If you’re computer is already dead wives and single-fatherhood fees, and medical fees. infected by Ransomware, bait and hook the compassion of For some, the heartbreak doesn’t Kaspersky Lab specialists’ designed a special utility: lonely women. end after the initial scam. Victims are put on a contact list of tarKASPERSKY THE GLOBAL BUSINESS OF ONgets, romancescams says. Miriam WINDOWSUNLOCKER. LINE ROMANCE SCAMS Munro of Australia not only lost The art of weaving identities, sto- $60,000 to a romantic scam, she 2,770 incidents of romance scams ries, personalities, and characters went through the unbearably pain- brought to their attention in 2013. often too good to be true is a careful ful realization of being duped a The National Crime Agency in product of a well-organized busi- second time. She met “Sean King,” Britain has warned that online ness, romancescams.com reports. who claimed to be another victim romance scams have elevated to Scamming organizations of- of a scammer and claimed that the inviting victims to visit Africa to ten have hierarchical structures, Economic and Financial Crimes meet the person they have fallen where scammers work in groups Commission, a Nigerian law en- in love with, only to be kidnapped. and in shifts, and follow a proven forcement agency, could help her Des Gregor, a 56-year-old Ausprocedure – they have scripts to investigate and recover her lost tralian, was held hostage by a Mali follow and they get advice from money. After paying thousands of gang for 12 days. He was supposed more experienced members of dollars again for anti-money laun- to meet his bride, a woman he met their group. dering and insurance certificates, through the Internet. But from the The successful ones typically ask she realized she was on the same airport, he was taken to a room a lot of questions about the victim’s fraudulent trail. where two men with a machete dream and weave this fairy tale and a homemade pistol began THE GLOBAL MONEY TRAIL into a reality he or she can provide, beating him, stealing his cash and being attentive, sensitive, caring, The FBI Internet Crime Complaint credit cards. Gregor was rescued empathetic, and patient to build a Center reported in 2013 that peo- when Australian and Mali officials, connection with the victim. Their ple 50 years and over are the most alerted by Gregor’s family, lured well-concocted stories tug the heart common victims, and the most the kidnappers to the Canadian strings of a victim, and they keep lucrative for scammers. A quarter Embassy for their ransom. pulling those strings until they have (1,152 out of 4,476) of the comAuthorities in several countries the mark under an influential spell. plaints against online romance concede the issue is likely far even scams came from this segment. The greater than they are aware. Many Then the requests begin.

While some scammers profess total amount reported lost to scam victims choose not to report their undying love in record time, oth- from this age group is almost 70% experiences due to embarrassment ers patiently court their mark for of the total loss ($38,836,234.14 and the emotional and psychologimonths before asking for money. out of $55,991,601.08 in 2012). cal impact. Even without knowing MoneyGram International , the full extent, this particularly Sooner or later, the scammers will ask for money to be sent out- which seems to be the money trans- painful form of cybercrime is beside the U.S. The amount con- fer of choice for scammers, report- ing perpetrated in an international stantly grows and the requests ed that in 2011 it refunded 4,870 and multi-million, if not billionnever stop, each accompanied transactions amounting to $13.7 dollar crime enterprise. While with legitimate-sounding reasons. million in foiled romance scams. law enforcement agencies seek to The Anti-Fraud Centre in Canada protect unwitting and vulnerable Varied and imaginative requests for money are common, usually reported that in 2012, romance victims after the fact, awareness is attached to financial emergen- scams grossed more than $16 mil- the most effective tool for fighting cies – an accident, travel expenses, lion in losses reported by Canadi- these criminals who do their evil medical needs for a child, and for ans. The Australian Competition deeds in the name of love. those posing as military, pursuits and Consumer Commission reportThe story continues on page 17 outside deployment such as trans- ed a loss of AU$25.3 million from

Making Money Online March 2014

By NICOLE PERLROTH on December 5, 2012

FOR PC VIRUS VICTIMS, PAY OR ELSE culver city, calif. — Kidnappers used to make ransom notes with letters cut out of magazines. Now, notes simply pop up on your computer screen, except the hostage is your PC. In the past year, hundreds of thousands of people across the world have switched on their computers to find distressing messages alerting them that they no longer have access to their PCs or any of the files on them.

The messages claim to be from the Federal Bureau of Investigation, some 20 other law enforcement agencies across the globe or, most recently, Anonymous, a shadowy group of hackers. The computer users are told that the only way to get their machines back is to pay a steep fine.

And, curiously, it’s working. The scheme is making more than $5 million a year, according to computer security experts who are tracking them.

The scourge dates to 2009 in Eastern Europe. Three years later, with business booming, the perpetrators have moved west. Security experts say that there are now more than 16 gangs of sophisticated criminals extorting millions from victims across Europe.

The threat, known as ransomware, recently hit the United States. Some gangs have abandoned previously lucrative schemes, like fake antivirus scams and banking trojans, to focus on ransomware full time.

Essentially online extortion, ransomware involves infecting a user’s computer with a virus that locks it. The attackers demand money before the computer will be unlocked, but once the money is paid, they rarely unlock it.

In the vast majority of cases, victims do not regain access to their computer unless they hire a computer technician to remove the virus manually. And even then, they risk losing all files and data because the best way to remove the virus is to wipe the computer clean.

It may be hard to fathom why anyone would agree to fork over

Making Money Online March 2014

hundreds of dollars to a demanding stranger, but security researchers estimate that 2.9 percent of compromised computer owners take the bait and pay. That, they say, is an extremely conservative estimate.

In some countries, the payout rate has been as high as 15 percent.

That people do fall for it is a testament to criminals’ increasingly targeted and inventive methods.

Early variations of ransomware locked computers, displayed images of pornography and, in Russian, demanded a fee — often more than $400 — to have it removed. Current variants are more targeted and toy with victims’ consciences.

Researchers say criminals now use victims’ Internet addresses to customize ransom notes in their native tongue. Instead of pornographic images, criminals flash messages from local law enforcement agencies accusing them of visiting illegal pornography, gambling or piracy sites and demand they pay a fine to unlock their computer.

Victims in the United States see messages in English purporting to be from the F.B.I. or Justice Department. In the Netherlands, people get a similar message,

Ransomware – Online Currencies – Mt Gox

in Dutch, from the local police.

(Some Irish variations even demand money in Gaelic.) The latest variants speak to victims through recorded audio messages that tell users that if they do not pay within 48 hours, they will face criminal charges. Some even show footage from a computer’s webcam to give the illusion that law enforcement is watching.

The messages often demand that victims buy a preloaded debit card that can be purchased at a local drugstore — and enter the PIN. That way it’s impossible for victims to cancel the transaction once it becomes clear that criminals have no intention of unlocking their PC. The hunt is on to find these gangs.

Researchers at Symantec said they had identified 16 ransomware gangs. They tracked one gang that tried to infect more than 500,000 PCs over an 18-day period. But even if researchers can track their Internet addresses, catching and convicting those responsible can be difficult. It requires cooperation among global law enforcement, and such criminals are skilled at destroying evidence.

Using B I T C O I N to pay and get paid is easy and accessible to everyone.

1.Inform yourself.

2.Choose your wallet.

3.Get bitcoins.

4.Spend bitcoins.

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The Chinese have been a step ahead of the U.S. In 2009, authorities issued new regulations aimed at restricting the trade and use of online money on worries that currencies used in online games had become so commonplace that they could impact, and possibly destabilize, the real economy.

In the U.S., future rules could either deepen the legitimacy of online currencies or destroy them entirely, depending where lawmakers go from here, Castronova says.

Whereas the latest anti-money laundering regulations help their credibility by treating them similarly to traditional money-order providers, levying taxes and transaction fees obviously would hurt their value.

To be sure, the pot of virtual money is nowhere as liquid as traditional cash in the global financial system. But while they play a relatively small role, at least for now, bankers nonetheless view their rise as potentially dangerous to the health of the economy. Because virtual currencies aren’t backed by a central bank or controlled by a central administrator, their values are vulnerable to wild swings.

In 2011, the American Bankers Association asked the Consumer Financial Protection Bureau to apply consumer financial protection laws uniformly, regardless of whether it’s a traditional bank or nonbank payment providers. The fact that bankers are watching online money signals they have potential to help or destroy all that exists in the real world.

Euro. Needless to say, big problems have followed, and many have wondered if the answer is having multiple competing currencies.

In 2011, Facebook (FB) launched Credits as the de facto form of currency. Though now largely defunct, it’s used for purchases made inside games hosted by the social networking site. Last month, Amazon (AMZN) unveiled Amazon Coins, a virtual currency that could be used for purchasing apps, games, and in-apps items on Kindle Fire.

As The Wall Street Journal notes, it’s unclear if the new regulations will impact Amazon. One thing is almost certain, though: It will regulate Bitcoin, the fastest-growing online currency. Launched in 2009, the online currency works almost like real money. It can be used to buy anything from upgrades on Reddit to pizza. And as Cyrus Sanati reported in December, it’s increasingly used to conduct all sorts of shady business, The story continues on page 18 making the anonymous sale and purchase of everything from drugs to guns possible.

By Nin-Hai Tseng, Writer More specifically, the new reguon March 25, 2013: 11:00 AM ET lations come at the urging of federal authorities. In April 2011, the FBI recommended that third-party exchanges of Bitcoins be forced to follow the same anti-money laundering rules that banks are supposed to follow.

New federal regulations make online currencies act In the coming years, expect more more like traditional forms of cash.

Bitcoin is a digital currency you can regulations, experts say. “The govuse for personal transactions or busiernment is just catching up,” says ness at high speed and low cost. fortune – Remember those days of more than $10,000 would have Edward Castronova, a gamer and WHY USE BITCOIN? telecommunications professor at when Monopoly money was just to be reported.

Low Fees. Global. Protected.

While one of the big draws of virtu- Indiana University. play cash that bought everything in the game from railroads to al currencies is that they’re independhouses? When the game was over, ent and generally sheltered from the MT GOX GOES UP IN SMOKE. IS THIS THE END FOR BITCOIN? the value of that colorful paper government’s watch, the new rules November 15, 2013 currency spiraled to zero. Now are unlikely to ruin their allure. If Bitcoin prices have cratered again after troubled Japanese exchange with online currencies, the game anything, they effectively pull the operator MT Gox suspended trading amid reports that it has allegedly never really ends. The Internet currencies offline and into the main- lost almost $350 million to a year-long cyber-theft and is technically never shuts off, so the value of stream world of finance, making insolvent. A crisis strategy draft for MT Gox, leaked on the Web, reveals large amounts of bitcoin have gone missing from the exchange. money circulating through cyber- them infinitely more valuable.

“At this point 744,408 BTC are missing due to malleability-related These new regulations come as space is always worth something.

Last week, new U.S. government the popularity of virtual currencies theft which went unnoticed for several years. The cold storage has rules regulating online curren- rise, fueled by online merchants been wiped out due to a leak in the hot wallet,” the document posted cies affirmed the value of what that have come up with their own by bitcoin blogger Ryan Galt reads. “The reality is that Mt. Gox can was previously passed off as funny tender and forms of payment – in- go bankrupt at any moment, and certainly deserves to as a company.”

Once the world’s largest bitcoin exchange, MT Gox went offline money. Now companies that issue deed, a stark contrast from years or exchange online cash would ago when the European Union within hours of suspending trading, as the scale of the losses rocked have new bookkeeping require- thought it was only wise to run the investors in the crypto-currency. As panic spread, Bitcoin prices hit a ments. For instance, transactions economy on a single currency, the low of $419 before stabilising.

‘FUNNY MONEY’ HAS OFFICIALLY ENTERED THE REAL WORLD

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Mining Bitcoins – Bitcoin Heist – Bitcoin Loss – Bitcoin Exchanges

By TOPH TUCKER and ALLISON MCCANN on January 13, 2014

THIS IS HOW YOU MINE SOME BITCOIN Suppose you’re buying an Ellsworth 2-drawer Night Stand on Overstock.com. Since the retailer began accepting Bitcoin last week, you choose to pay with the volatile and enthralling virtual currency. Great!

What actually happens behind the scenes? And how does Overstock know your Bitcoins are real?

The transaction is not run through a bank, or credit card company, or any single well-defined entity at all. Instead, it is distributed to every computer on the Internet that’s running the Bitcoin software. These computers check the public global record of transactions to confirm that your anonymous Bitcoin address (a really, really long number represented below by fake regular-people names) has the Bitcoin it’s trying to send. If it does, a new record is added showing that that amount is transferred to Overstock. If you then try to spend that same Bitcoin with Zynga on FarmVille crops, it will see that you no longer have that “money”—Overstock does— and your new transaction will be rejected.

The process of validating transactions is essential. So the Bitcoin system has a way of rewarding people who make the effort: It gives them new Bitcoins. The whole process is called “mining.”

Trade bitcoins in 5 4 0 3 C I T I E S and 2 1 6 C O U N T R I E S .

Find local bitcoin exchangers in your country or start your own bitcoin exchange, for profit.

By LORENZO FRANCESCHI-BICCHIERAI on Nov 25, 2013

CYBERATTACK LEADS TO $1 MILLION BITCOIN HEIST Another Bitcoin company has fallen victim of a massive cyberheist.

BIPS, one of the largest European Bitcoin payment processors, lost 1,295 Bitcoin (currently worth $1 million) after a cyberattack.

As the price of Bitcoin continues to rise, cybercriminals are targeting companies with large holdings of Bitcoins in their servers. The attack on BIPS happened just a few weeks after inputs.io, which allegedly lost 4,100 BTC, worth more than $1 million at the time.

Hackers launched their initial Distributed Denial of Service (DDoS) attack on BIPS on Nov. 15, the company wrote in a Reddit post. The hackers attacked again on Nov. 17, overloading BIPS servers and somehow getting access to several online wallets, which allowed them to steal the 1,295 BTC. BIPS, which claims to have more than 20,000 customers, offered free online wallets to store their Bitcoin online. It also offers a payment processors for merchants

who want to accept payments in Bitcoin.

The company released a statement saying the attack compromised “several consumer wallets.”

However, it didn’t specify how many accounts were hacked. BIPS’ CEO Kris Henriksen told Mashable that “most of the missing funds were from our company’s own holdings,” but declined to be interviewed for lack of time. “This is my fifth day without sleep,” he added in an email.

After the attack, Henriksen advised his customers to avoid online wallets altogether, despite the fact that his company offered them to users. BIPS’ online wallet service is now suspended.

“Attacks are not isolated to us, and if you are storing larger amounts of coins with any third party, you may want to find alternative storage solutions as soon as possible,” he wrote in a BitcoinTalk forum message.

“Web Wallets are like a regular wallet that you carry cash in and not meant to keep large amounts in,” he added.

But several BIPS customers, who still don’t know if they’ll ever get their Bitcoin back, aren’t convinced

by Henriksen’s advice, saying he never warned them of any danger before the attack. On the contrary, the company said it was secure.

Responding to Henriksen’s claim that web wallets are only meant

for little amounts of Bitcoin, a BitcoinTalk forum user that goes by the name of Cubicdissection said: “At NO point did you EVER say hey you shouldn’t keep your BTC with us.”

“In fact, your website said: ‘Your data is secure at BIPS.’ So yeah, I felt pretty goddamn secure leaving my BTC balance there,” he added. “Why don’t you speak in plain English and quit giving us the runaround? Because it makes me think you’re a liar and have something to hide.”

Another user, nicknamed Genghis34, said he had 90 Bitcoin (around $73,000) in his BIPS wallet. He his now asking other victims to sign up online to form a group to potentially sue BIPS and use the threat of a lawsuit as a “negotiating block” for a settlement.

Henriksen’s conclusion that online wallets aren’t safe echoes what the founder of inputs.io said after his website’s loss of 4,100 Bitcoin.

“I don’t recommend storing any Bitcoins accessible on computers connected to the Internet,” he wrote at the time.

But for victims of the BIPS heist, these warnings come too little too late.

“Bitcoin is the wild west,” wrote Genghis34. “And I really doubt this was intentional on the part of bips. me — just probably overconfidence to run a wallet service without proper security.”

B I P S makes it easy to get started accepting bitcoins today no acquirer agreement.

By TAKASHI MOCHIZUKI on 3:30 pm Feb 26, 2014

MAN THROWS AWAY TROVE OF BITCOIN WORTH $7.5 MILLION

The story continues on page 20

By LORENZO FRANCESCHI-BICCHIERAI on Nov 27, 2013

As Bitcoin hit $1,000 dollars on Wednesday morning, a lot of early adopters saw their Bitcoin, bought or mined for cheap years ago, turn into a high-return investment. And some forgot they bought Bitcoin years ago, only to realize they were suddenly rich.

However, there are also those on the other side of the Bitcoin — so to speak — and British IT professional James Howells may be the unluckiest of them all. According to The Guardian, Howells mined 7,500 Bitcoin in 2009 and kept it in a hard drive until last summer, when he threw the drive away without realizing he was throwing away a fortune.

At the time, his Bitcoin stash was worth around $675,000. Now, it would be worth $7.5 million.

Howells reportedly threw the hard drive in a landfill near Newport, Wales, that is the size of a soccer field, meaning it’s now somewhere buried under

Making Money Online March 2014

at least four feet of garbage. Worst of all, he never backed it up.

“I’m at the point where it’s either laugh about it or cry about it,” Howells told The Guardian. “Why aren’t I out there with a shovel now? I think I’m just resigned to never being able to find it.”

He says he won’t go and look for the hard drive himself, because authorities told him it would be almost impossible to find; but he has set up a new Bitcoin wallet asking for donations that would go towards funding a recovery effort.

It’s hard to blame Howells, who simply forgot the treasure saved on the hard drive he stashed away after rescuing it from a ruined Dell laptop. But perhaps this will serve as yet another lesson on the value of backing up your data. Because, one day, that simple backup could make you rich.

ONE BITCOIN EXCHANGE’S DEMISE IS ANOTHER’S BIRTH For some, the turmoil at embattled major bitcoin exchange Mt. Gox meant an opportunity to start a new business.

One of them was Josh Jones, a Californian who found his own bitcoin trapped inside his Mt. Gox account after the exchange abruptly halted bitcoin withdrawals on Feb. 7. The 36-year-old Santa Monica resident spent 12 hours over the following weekend to put together Bitcoin Builder, a platform that allows the trade between bitcoin at Mt. Gox and the crypto-currency elsewhere. He launched it on Feb. 11.

“I always wanted to run a bitcoin exchange,” said Mr. Jones, who

Making Money Online March 2014

also hosts a bitcoin meet-up group in Los Angeles.

The halt on withdrawals made it impossible to transfer bitcoin at Mt. Gox accounts to third-party accounts. But until Tuesday, when trading on the Mt. Gox site came to a complete halt, trading between accounts inside Mt. Gox had been possible, leaving room for arbitrage.

Bitcoin Builder initially attracted scant interest, with 117 bitcoin traded on its launch day. But the site became increasingly popular among worried Gox users, and by last week trading volume exceeded 5,000 bitcoin a day. Mr. Jones was taking a commission of 2% of trades—well above other trading fees in the bitcoin community, which are almost all below 1%.

In just two weeks, he had amassed more than 6,000 registered users, and earned more than 1,000 bitcoin in trading fees. Based on the CoinDesk index bitcoin price on Wednesday at $550.34 per bitcoin, that would mean a cache of $550,340. However, that gain was unlikely to be fully realized since some of the fees had been paid in Mt. Gox bitcoin, the status of which is now anyone’s guess.

Nevertheless, Mr. Jones said the popularity of Bitcoin Builder had surprised him.

“I was agonizing over whether it was worth spending $200” in monthly operational costs, he said in an email interview.

The swift trading at Bitcoin Builder indicated that Mt. Gox users who wanted to sell their holdings for untrapped bitcoin elsewhere were able to find buyers. Mr. Jones said the buyers were probably investors without Mt. Gox accounts who were interested in arbitrage, since the Mt. Gox bitcoin price was much lower than that elsewhere.

Even after the shutdown of Mt. Gox, he said he is willing to continue the exchange, with a plan to provide similar platforms for other exchanges.

On Wednesday, despite the unclear status and trading halt of Mt. Gox bitcoin, trading prices and volume were still updating on Bitcoin Builder, showing by midday in Tokyo that 0.15 regular bitcoin would buy 1 Mt. Gox bitcoin.

In other words, a Mt. Gox bitcoin holder would need more than six Mt. Gox bitcoin to buy an untrapped bitcoin.

Bitcoin Exchanges – Silk Road Shutdown

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SILK ROAD ILLEGAL DRUG WEBSITE SHUT DOWN BY FBI Alleged owner “ D R E A D P I R A T E R O B E R T S ” faces trafficking, hacking, money laundering charges

By THOMSON REUTERS on OCT 02, 2013 1:30 PM ET

U.S. law enforcement authorities have shut down “Silk Road,” an anonymous Internet marketplace for illegal drugs like heroin and cocaine and criminal activities such as murder for hire, and arrested its alleged owner.

The Federal Bureau of Investigation said Wednesday it arrested Silk Road owner, Ross William Ulbricht, 29, known online as “Dread Pirate Roberts,” in San Francisco on Tuesday, according to court filings.

Ulbricht, who holds an advanced degree in chemical engineering, appeared in federal court on Wednesday and a bail hearing was set for Friday.

His lawyer Brandon LeBlanc, a public defender, declined to comment.

Federal prosecutors in New York charged Ulbricht with one count each of narcotics trafficking conspiracy, computer hacking conspiracy and money laundering conspiracy, the filing said.

“Silk Road has emerged as the most sophisticated and extensive criminal marketplace on the Internet today,” FBI agent Christopher Tarbell said in the criminal complaint.

MORE THAN 900,000 REGISTERED USERS

The site was used by “several thousand drug dealers” to sell “hundreds of kilograms of illegal drugs,” he said.

The site, which has operated since early 2011, also offered tutorials on hacking ATM machines, contact lists for black market connections and counterfeiters, and guns and hit men for sale, according to the charges.

More than 900,000 registered users of the site bought and sold drugs using the digital currency Bitcoin. In recent media reports about the growing popularity of Bitcoin, the Silk Road website has

emerged as part of a darker side to the use of digital currencies.

Through the site, according to the charges, users could buy drugs and have them shipped to an address. Investigators, posing as regular users on Silk Road, made more than 100 purchases of drugs, which were shipped to the New York area.

According to the complaint, Ulbricht, who shortened his alias from Dread Pirate Roberts to DPR when posting on Silk Road’s forums, operated the site from San Francisco.

At times, he used computers at internet cafes to access the servers running the website, which employed several technological tools to mask the location of its servers and the identities of its administrators and users.

The complaint described other aspects of Ulbricht’s online presence: In a Google+ profile, he described himself as a fan of libertarian economic philosophy and posted videos from the Ludwig von Mises Institute, an Auburn, Alabama-based economics institute.

Reached by phone in Austin, Texas, Ubricht’s parents said they had not known what their son was doing in San Francisco.

“He is a really stellar, good person and very idealistic,” said Ulbricht’s mother, Lyn Lacava. “I know he never meant to hurt anyone.”

Ulbricht’s father Kirk confirmed his son had received a master’s in material sciences from Pennsylvania State University. His thesis was titled: “Growth of EuO Thin Films

by Molecular Beam Epitaxy.”

“He did amazing research on crystals and exotic materials they hoped would have some use for humans,” Ulbricht said. “But it was very theoretical stuff.”

The complaint against Ulbricht describes a darker side. During one correspondence with a Silk Road user, Ulbricht tried to call out a hit on another user with whom he had a dispute. That user, known online as “FriendlyChemist,” was threatening to expose the identities of thousands of Silk Road users unless Ulbricht sent him money.

“I wouldn’t mind if he was executed,” Ulbricht wrote, offering personal details about his foe, including the fact that he was a married father of three, and the names of the city and province where he lived.

In a later post, Ulbricht wrote: “He is threatening to expose the identities of thousands of my clients.”

“This kind of behavior is unforgivable to me. Especially here on Silk Road, anonymity is sacrosanct.” $3.6M IN BITCOIN SEIZED

During the raid, authorities seized $3.6 million worth of bitcoin, which was used instead of cash or credit cards to complete transactions on Silk Road.

The charges against Ulbricht said his website generated sales of more than 9.5 million bitcoin, roughly equivalent to $1.2 billion.

Authorities seized the currency by taking control of the digital “wallets” Silk Road used to store bitcoin.

In a corresponding civil asset forfeiture action, prosecutors claimed Silk Road and Ulbricht were liable to the government for the value of all transactions involving drug tracking and computer hacking, as well as for money laundering penalties, and a final amount would be determined at trial.

The raid on Wednesday was not the first time the U.S. government has made arrests related to Silk Road.

Earlier this year, authorities in South Carolina arrested Eric Daniel Hughes, known on Silk Road as “Casey Jones,” and charged him in state court with drug possession.

The Drug Enforcement Agency seized units of bitcoin, which Hughes allegedly used to purchase drugs from the online market.

Bitcoin, which has been around since 2008, first came under scrutiny by law enforcement officials in mid-2011 after media reports surfaced linking the digital currency to Silk Road.

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you need to know about the Silkroad market and more.

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Making Money Online March 2014

Silk Road 2.0 – Silk Road 2.0 Shutdown – Silk Road Jail Job – Porn Star Revelation From THE PRINT EDITION on Feb 15th 2014

By AAP on 5:30 AM Friday, Feb 14, 2014

THE SILK ROAD, REBORN

SILK ROAD ACCUSED HAD JAIL JOB

It is still possible to get a line online

A Brisbane man accused of running online “black-market drug bazaar” Silk Road was a highly paid Queensland prison manager.

US prosecutors allege Peter Phillip Nash, 41, was the primary moderator for discussion forums on the website, which was used by drug dealers to distribute hundreds of kilograms of illicit drugs to more than 100,000 buyers worldwide.

Nash was arrested in Brisbane in December and faces extradition to the US. It has now emerged he had been a senior manager at the Wacol Prison, west of Brisbane, when he was allegedly running Silk Road.

A Queensland Government Gazette published in October 2011 shows Nash had been employed in the prison’s forensic disability service for intellectually disabled inmates.

The role paid between A$115,928 and A$122,611, according to an online job advertisement.

Since January 2013, Nash was allegedly employed by Silk Road’s San Francisco-based owner Ross William Ulbricht and went by the aliases “Batman73” and “Anonymousasshit”, prosecutors allege.

THE Dread Pirate Roberts, a character in William Goldman’s novel “The Princess Bride”, which was made into a cult film, is not one man but several who take the name in turn. It was also the nickname of the creator of Silk Road, an online drug-dealing website that was shut down in October by the FBI. On February 9th a date was set for the trial of Ross Ulbricht, a 29-year-old physics graduate from Austin, Texas and, allegedly, the Dread Pirate Roberts—at least for a time. Already Silk Road 2.0, complete with a new Dread Pirate Roberts, is online and gaining market share.

Two technologies have enabled drug dealing to move online. The first is Tor, software that bounces data around the world untraceably, thereby making it possible to hide where a website’s servers are.

The second is Bitcoin, an online “crypto-currency” that lets buyers and sellers trade in close to anonymity. Silk Road was the first site to combine them into something usable. By August 2012, just 18 months after it opened, it was facilitating sales worth more than $1m a month. Dealers across the world sold all manner of illegal substances, usually delivered by post. On its forums, reviews of sellers’ wares jostled with advice on security and on the laundering of illicitly obtained Bitcoins.

How Silk Road was taken down is not clear. But Mr Ulbricht’s arrest warrant alleges that he ignored his own advice: that he administered Silk Road through unencrypted connections, used his own name on technical-support forums and arranged deals personally. It also claims he ordered several assassinations (none of which seems to have been carried out).

Some would-be successors of Silk Road seem, if anything, even more amateurish. In December Sheep closed after millions of dollars of Bitcoin were stolen, possibly by the founder. On February 12th Utopia, which had been gaining market share, was shut down by Dutch police. A third, Black Market Reloaded, was

closed by administrators worried about a security breach.

The most successful by far is Silk Road 2.0, a recreation of the original. Yet it, too, has security flaws, says Nicolas Christin of Carnegie Mellon University. In order to launch quickly, it relied on administrators and dealers from the original site. In December two alleged forum moderators it inherited were arrested. New technology cannot turn drug dealers into criminal geniuses, but the Dread Pirate Roberts may still have several incarnations to come.

By CHRISTOPHER HOOTON on Friday, 14 February 2014

SILK ROAD 2.0 HACKED WITH OVER £1.6M WORTH OF BITCOIN ‘STOLEN’ Silk Road 2 moderator Defcon has claimed that hackers have stolen over 4,000 Bitcoins after using a transaction malleability exploit to hack into the black market.

The deep web marketplace uses an escrow system to allow buyers and sellers to trade bitcoins, with the bug that was exploited masking transfers and allowing hackers to request the same amount of BTC again and again until the coffers were cleaned out.

It is thought to be the same technique that forced bitcoin exchange Mt. Gox to halt all transactions earlier in the week. Members of the bitcoin community have said that the exploit has been known about for a while, and that the onus is on websites that handle the currency to introduce measures to stop abuse of the vulnerability.

“I should have taken MtGox and Bitstamp’s lead and disabled withdrawals as soon as the malleability TOR: ANONYMITY ONLINE

Tor is free software and an open network that helps you defend against traffic analysis, a form of network surveillance that threatens personal freedom and privacy, confidential business activities and relationships, and state security.

LEARN MORE ABOUT TOR.

issue was reported,” said Defcon in a blog post. “I was slow to respond and too skeptical of the possible issue at hand.”

Defcon has also called on the hackers to return the stolen bitcoin, writing: “Given the right flavour of influence from our community, we can only hope that he will decide to return the coins with integrity as opposed to hiding like a coward.”

Usernames employed during the theft have been listed, with users of the site now setting about tracking down the people behind the robbery. Defcon encouraged individuals to “use whatever means you deem necessary to bring this person to justice.”

The incident has driven down the price of BTC by around 50 points, and it is now wavering at around 600.

“No marketplace is perfect,” Defcon commented. “Expect any centralized market to fail at some point. This is precisely why we must unite in the decision to decentralise.”

Famous bitcoin investors include Virgin founder Richard Branson, who previously promised to accept the cryptocurrency on Virgin Galactic.

The story continues on page 26

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By TODD VENEZIA on MARCH 4, 2014 5:57PM

DUKE PORN STAR REVEALS HERSELF The Duke porn star has come out from under the covers.

The university freshman — who bared her skin in blue movies to pay for college — bared her soul Tuesday in an online column in which she posted her picture and revealed her stage name as Belle Knox.

She wrote about how she has been bullied on campus since word of her racy part-time job spread.

“My decision to do porn to pay for college was a private one I made, and then I was outed to my university classmates by another Duke student who had seen me on the Internet a few months ago,” Knox wrote on the XO Jane website. “He proceeded to reveal who I was to the entire Greek system . . .

I started to be harassed. He started to be applauded.”

Knox first sparked controversy when she posted an anonymous column on the Jane site last month, talking about how she worked as a porn actress while attending the prestigious North Carolina school.

In today’s revealing story, Knox says she was heavily criticized online

Making Money Online March 2014

Porn Star Revelation – Porn History

for not going the full monty with her identity in the February article.

She also talked about how people had posted messages online saying she should be “raped” and calling on her to “slit her wrists.”

She complained about a double standard under which women who act in porn are shamed but men who watch it are not.

“You want to see me naked. And then you want to judge me for letting you see me naked.”

She ended by saying: “Today, I am choosing to reveal my porn identity to the world. My name is Belle Knox, and I wear my Scarlet Letter with pride.”

The story continues on page 30

By CHRISTOPHER JACKSON on Sunday, 7 Oct ‘12 , 07:00am

HOW THE INTERNET CREATED A MULTI-BILLION DOLLAR PORN INDUSTRY From ASCII to streaming video The Internet is really really great… FOR PORN! I’ve got a fast connection so I don’t have to wait… FOR PORN! There’s always some new site… FOR PORN! I browse all day and night… FOR PORN! It’s like I’m surfing at the speed of light… FOR PORN! The Internet is for porn!

The Internet is for porn!

If you are looking for real amateur Why you think the net was born? girls porn, M O F O S N E T W O R K is the Porn! Porn! PORN! right place for you. This is one of the In 2003, these lyrics were heard on the Broadway stage courtesy of Jeff Marx, Robert Lopez and the puppets of musical show Avenue Q. It would quickly become a famous Internet meme and catchphrase, thanks to two things.

First, the song is hilarious, and two, and most importantly, there is a definite kernel of truth to it.

But how did porn make the successful leap from the hidden and shameful secret of lonely men and horny teenage boys, to a worldwide entertainment industry worth billions of dollars?

ANALOGUE PORN

Before the Internet, porn meant foil-wrapped magazines on the top shelves of service station newsagents, dark, plain-fronted shops full of erotic literature and pay-per-view satellite channels with ten-minute titillating previews every hour or so from about 10pm. It was hushed, hidden and private. It was something you did in secret.

Secrecy normally means doing something alone and keeping it to yourself. But as computers became connected and networks

best sites you can find.

began to emerge, consumers of pornography found that secrecy could exist with other people.

Today, discovering new things we like and sharing them with other people is an essential component of the social web. But these things became a reality for people who enjoyed erotica online many years before MySpace.

PORN’S FIRST HOME

Text-based discussion boards BBS (Bulleting Board System) programs and later Usenet were the first homes of pornography online.

Here, erotica took to the Internet like a teenager finally escaping the restrictive clutches of its childhood home, where it would hide away in its room. Porn had moved out into a cheap, rented flat where it could begin to express its true self and realize its potential.

Usenet groups were the predecessor to the forums and message boards that we use today, and enabled the sharing of images before bandwidths increased and the world wide web truly created a network where users could exchange pictures as easily as they did text.

There were many restrictions to get around (due to the technology, not arbitrarily placed rules) so files had to encoded in ASCII before posting and decoded back into an image after download. File sizes were also massively restricted, but anyone with the know-how and a bit of tech (most importantly, a scanner) had the ability to share pornography. These were the beginnings of pornography becoming truly accessible, something that had always been a problem for porn companies, who had trouble distributing porn to customers who wanted to protect their anonymity.

The Internet allowed for any niche, no matter how deviant, to be represented. Porn magazines and companies creating porn films already catered to the more “mainstream” fetishes — big breasts, BBW (big beautiful women), racial preferences, schoolgirl attire — but now anyone could create or find a group of anonymous, like-minded individuals, and share and discuss erotic material.

Anybody could share what they had – either for free, or a price.

Commercial porn distribution found its beginnings on the BBSes. Users would dial into a remote computer via a modem even slower than the 56k dial-up modems many of today’s Internet users were introduced through, and connect with others through that server. Since the BBSes would allow users to download files, users could put their pictures up, sometimes using a payment gateway (though not always with an age verification process).

The Internet at this point was an extension of pornography offline, and the technology didn’t yet exist to produce digital amateur pornographic content such as digital cameras or webcams.

But there was ASCII. ASCII is probably the first example of people creating – as opposed to mere sharing — pornographic content online, using ASCII text code to generate (often surprisingly realistic) images. While not in demand today ASCII porn does still hold interest to people and there are several forums and archives for anyone interested. Today, it has a distinctively retro feel, given that it was usually modeled after 80s porn stars who were modern at the time.

We’ve always had to adapt what we want from technology to the

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limitations of technology, and porn is no exception – in fact, it’s always been a big driver of that. ASCII art is just one example of the lengths we’ll go to for some porn.

Still, porn had a long way to go before it was able to become a lucrative industry online.

PORN DRIVING TECHNOLOGY

Pornography is often credited as the fuel behind technological innovation, or at least as a major driving force behind technology adoption.

It is often — not unfairly — blamed for many of the negatives of online life, such as pop-ups throwing hardcore images in the faces of unsuspecting Internet users, malware infecting our computers and, of course, that spam about penis enlargements, Viagra and busty women filling our inboxes. But porn has pioneered positive developments too.

Do you stream video online?

Most likely you do, without even really thinking about it. Porn companies were trying to perfect this technology long before the mainstream media, in order to offer live sex performers that could be streamed directly to consumers.

Better tech meant better quality, which meant higher prices.

Live chat, between porn consumers and performers, is the logical step up from this, and porn companies were driving this technology that we use almost daily today to conduct business and to stay connected with our loved ones.

Performers could sell these oneon-one chats at high prices. It’s no wonder the industry pushed to perfect the technology.

Some claim that we have porn to thank for the fast broadband connections that allow us to download large files in seconds and stay constantly connected. Whether or not that’s true, it is hard to argue that the adult industry didn’t help render dial-up difficult to use by advancing the state of media on the web.

Companies need a way to get their product to their consumers, and as the Internet took off in the mid-1990s the big players in porn needed a way to get their content out there, easily and quickly. Access to porn, which had increased exponentially since the days of adult book stores and mail order, would count for little if it took you hours to download a few images. Anecdotal

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evidence (as so many of the numbers surrounding the industry are) suggest that this rush to distribute high-res pornographic images fuelled broadband development, and a 2004 Nielsen/NetRatings study found pornography (along with online music sharing) to be one of the biggest factors behind broadband penetration in Europe.

PAYMENT FOR ACCESS

But it is in the area of online commerce that pornography has arguably had the biggest impact, and in fact it is that innovation and driving adoption that has been the primary force behind the growth of the “adult entertainment industry” online.

As we talked about earlier, enterprising BBS users were setting up payment gateways long before users were buying anything else online. It was Richard Gordon who founded Electronic Card Systems in the mid-1990s.

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At this point, sites like Amazon (launched in 1994) and eBay (1995) were still just starting up, and it was Gordon who worked with many clients in the pornography industry to set up ways for them to make money through distributing their wares online rather than their traditional revenue streams such as satellite payper-view. Electronic Card Systems made lots of money processing sales for sites such as ClubLove, who published the famous Pamela Anderson/Tommy Lee sex tape.

The big players could now make some serious money distributing content to paying consumers who could access porn in the comfort and, most importantly, privacy of their own homes. The demand was there, always had been, and now the technology was making the industry boom.

ILLICIT DESIRE, LEGITIMATE BUSINESS

When we think of porn our thoughts often stray to illegality, and while there is a lot of porn that is illegal (and it’s the sort that makes the headlines) it is, after all, a legitimate business. It is backed up by legitimate companies who have helped the industry grow and who allow it to run.

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These important businesses, separate from the actual adult entertainment production companies, are concerned with two things – access verification and payment processing.

In 2001 there were a handful of these companies that were imperative for the industry’s existence: Adult Check, CyberAge, CCBill and Internet Billing Co. “Whenever there’s an Internet porn transaction, there’s a good chance that at least one of these outfits had a hand in it,” wrote Seth Lubove in Forbes Magazine.

The credit card was key to this whole operation. Previously endorsed for age verification by the government in the Communications Decency Act 1996, the credit card became like a magic wand. If you had one, you could enter your details and have access to porn in minutes. And by requiring one, porn industries could immediately side step anyone accusing them of displaying porn to minors.

If the porn industry grew in a garden, then these middlemen were the gardeners. The desire for porn was already there, the growth of the Internet was creating accessibility, and the porn companies were pushing the technology to further that access and to create new and better experiences for consumers. Companies like CCBill acted as middlemen between banks and porn producers, making the commerce of smut possible and weeding out anything that could damage it, such as fraud or illegal, obscene content.

PORN TODAY

British documentary filmmaker Louis Theroux has twice investigated the porn industry. The first time, in 1997, he visited LA where porn companies like Vivid were making millions and millions. It was an industry that, while still hidden to many people across the world, had become successful to the brink of mainstreaming. The Internet had made superstars of people like Ron Jeremy and Jenna Jameson. Porn had its own A-list.

It is hard to know where the industry stands today. Some statistics put its revenues as high as $97 bil-

lion a year at one point in the last decade, with US revenue at around $13 billion. But within the industry people like Vivid Entertainment founder Steven Hirsch are describing it as the worst they’ve seen the industry in 25 years.

Why would this be? The general state of the economy doesn’t help, but that couldn’t be a driver for a massive loss of revenue; stress releases like alcohol and porn tend to survive recession well.

It is more likely to have to do with the ease with which consumers can find adult content, thanks to sites like YouPorn and RedTube. These sites brought the YouTube philosophy to pornography, and anybody can upload content to them. They make their money from advertising, while porn DVD sales have dropped considerably.

In fact, sales of DVDs have dropped so dramatically that several people cited it as a factor in the suicide of Jon Dough, a porn star that British documentary filmmaker Louis Theroux interviewed in 1997, and whose widow he spoke to earlier this year.

Much of what is affecting the porn industry is simply part of the inevitable trend of technology disruption. Music, journalism and movies are all becoming much more democratic. Getting content for free is easy, and generating that content is easy too. In fact, amateur content is some of the most popular; after decades of bleached blonde hair and fake breasts, people want authenticity.

INTERNET = PORN

Ultimately, the same characteristics of the Internet that created a multibillion dollar porn industry are enabling its disruption. We’re seeing a significant shift away from the days of glamorous brands like Playboy and Vivid taking all the profits with their line-up of stars forming the A-list.

Even more interesting is how intrinsically tied together pornography and the Internet are. The Internet is not “just” for porn, as Avenue Q so musically put it. The Internet is, in many ways, because of porn too.

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Making Money Online March 2014

BE SOMEBODY ELSE. WITH EVERYBODY ELSE.

The Sims Online is a massive world built by thousands of players. Create a Sims and play as yourself or your alternate Sim persona.

Explore neighborhoods, make friends, host events, or run a business.

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Get that entrepreneurial spirit in gear, because your ingenuity will determine how much money your Sims make.

By JULIAN “SPUNIOR” DASGUPTA on SAT, 12/13/2003 - 5:14AM

THE DARK SIDE OF SIMS ONLINE And we’re not referring to the gameplay here. The Salon put up a nice article (‘ad-powered’ for nonsubscribers) on Professor Peter Ludlow, who has been playing The Sims Online until recently. Ludlow’s TSO character Urizenus used to work as some kind of reporter who investigated various incidents and persons in the city he lived in and even ran a news paper/blog called Alphaville Herald. Naturally not only covering the shiny spots of the game he also talked to people who earn money through ‘in-game prostitution’.

What bothered Ludlow and Bolter about this was that Evangeline asserted that, in real life, he was a minor and that many of the “girls” he hired to talk dirty in his brothel were also underage. Bolter wondered whether the characters were breaking any laws or doing anything else immoral or unethical. She says she acknowledges that, because the characters weren’t having real sex, it’s hard to say they were involved in “prostitution.”

An interesting point especially since the in-game currency “Simoleans” can be turned into real cash through Ebay. And since hardly anyone of us plays the game I recommend reading the Salon tidbit as it is a fascinating tale of Ludlow, who ended up getting his character deleted by EA due to a chain of incidents and complaints, the way The Sims Online is being played by a number of subscribers and the ‘Sims Shadow Government’ among other things.

The story continues on page 38

Making Money Online March 2014

Virtual Money – Eve Online Scam

dotview

PAGE 11

By LAURENCE H.M. HOLLAND on 8/07/2006 @ 6:00PM

By BRENDAN DRAIN on SEP 11TH 2010 4:00PM

MAKING REAL MONEY IN VIRTUAL WORLDS

UK EVE ONLINE PLAYER STEALS $45,000 WORTH OF ISK IN MASSIVE TINVESTMENT SCAM

Still toiling away as an elementary school teacher or a firefighter?

Turns out you could probably be making more money as a troll or a night elf playing World of Warcraft.

World of Warcraft is a popular, massively multiplayer online roleplaying game, or MMORPG, that takes place in a Lord of the Ringsinspired world of wizards and warriors. Recent advances in video game technology have allowed users to assume a virtual identity and interact with thousands of other gamers in three-dimensional, Internet-based worlds. MMORPGs allow gamers to build up their character’s attributes by completing goals and collecting items, and typically charge a monthly subscription fee for access to the servers that power the vast online realms.

In 2004, the launch of games like Sony Online Entertainment’s Everquest II and Blizzard Entertainment’s World of Warcraft, along with increased access to broadband Internet, turned a niche market into a global phenomenon.

In January, industry Web site MMOGchart.com put the total number of MMORPG subscriptions at over 13 million, and The NPD Group estimates that game developers raked in $292 million in subscription fees in 2005.

As the popularity and sophistication of MMORPGs has skyrocketed, enterprising gamers have found ways to make real money playing them–to the point where experts say that it has become common to run across gamers who make their entire income with virtual jobs.

“It’s eminently doable,” says Edward Castronova, an associate professor at Indiana University and author of Synthetic Worlds: The Business and Culture of Online Games. “If a person in Shanghai can live on a dollar a day, they can make their living playing video games.”

Gamers mine virtual worlds for currency, build virtual real estate empires and even sell their virtual bodies–all in the name of realworld profit.

One such entrepreneur is Julian Dibbell, a contributing editor for Wired magazine, who in 2003 challenged himself to spend a year making a living as a retailer in the massively multiplayer game Ultima Online. Dibbell sold in-game items, currency and real estate on eBay , eventually making almost $4,000 a month in profits, translating into roughly a $36,000-a-year salary.

And Dibbell says that his income only qualifies as lower-middle class among virtual businessmen.

“There are people making six figures,” Dibbell says. “One-man operations, basically, doing seven figures. It’s not hard to make money doing this.”

The upshot, Dibbell says, is that as more users find ways to wring dollars out of gold pieces, games like World of Warcraft develop sophisticated economies, with measurable GDPs and exchange rates.

“On one level, there’s very little that distinguishes this world from the real world,” Dibbell says. And indeed when he talks about his experience–which he has documented in his new book Play Money–it is sometimes hard to tell that he is talking about a universe that doesn’t exist.

There’s Dibbell’s story about a real estate tycoon who pounced on foreclosed residences, invested in renovations, and sold them– making around $40,000 a year in the process.

Or the one about the turf wars between bands of gold farmers, who would tip off the authorities when rival cartels encroached on their territory.

The similarities between virtual economies and real ones have emerged, Dibbell says, because MMORPGs have introduced the concept of scarcity to their games.

“What’s kind of weird and interesting about these worlds is that it turns out that while a world of very negligible scarcity is appealing on one level, it’s not very fun as a game,” Dibbell says. “The whole point of these games is to rein-

WORLD OF WARCRAFT

Over 100 million players have experienced the intensity. Now it’s your turn.

troduce a certain level of scarcity.

And that’s weird, in the context of the Internet, but it tends to make these economies much more like the real world.”

Game developers have reacted in various ways to the phenomena of people earning their livings on their servers. In May, Blizzard, the publisher of World of Warcraft, banned over 30,000 gamers who were using automated processes to harvest gold, and removed over 30 million gold pieces ($4,048,582, according to GameUSD.com’s latest exchange rate) from the game’s economy.

Sony, on the other hand, recently opened Station Exchange, an online marketplace where EverQuest II gamers can buy, sell and trade currency and items. Second Life, a comparatively small MMORPG, has an official currency exchange Web site and a boutique where users can buy computer hardware and other real-world commodities for Linden dollars, the game’s inworld currency.

The trend has also attracted some attention from real-world governments. China, where many goldfarming companies are based, reportedly began penalizing gamers who play massively multiplayer games for more than three consecutive hours. And Castronova says there are indications that the Korean government is considering penalizing real-money trade in online games as a “disruption of business.”

After a year of trafficking in virtual items, Dibbell went to the IRS to ask if his virtual commerce should be taxed. “Their answer was ‘yeah, that’s very plausible, we just don’t know,’” Dibbell says.

Given the IRS’ very inclusive barter income rules, Dibbell says, even gamers who have no interest in turning gold pieces into dollars could eventually be subject to taxation, since the items being traded have fair market values.

It seems like every few months we hear about another major theft or scam in EVE Online. In most MMOs, acts of theft could earn the perpetrator a permanent game ban. In EVE Online, however, it’s an accepted part of the game that people are strongly encouraged to protect themselves from. Even the game’s developers have acknowledged that corporate infiltration, scamming and theft are just another part of the harsh criminal underworld of New Eden. With its latest official game trailer, CCP Games told an impressive tale of corporate theft and revenge, showcasing some of the emergent gameplay that typifies EVE. Last week, the latest big scam to come out of the criminal underworld of New Eden came to completion. The popular investment scheme Titans4U turned bad, with the creator “Bad Bobby” stealing all of the company’s assets. The theft was the ultimate conclusion of a plan that was set in motion years ago. Bobby began his investment career by running several smaller schemes to build up a positive public image. Over the years, he ran increasingly larger and more popular schemes and always returned on investments. Just over a year ago, his reputation-building efforts paid off as his good name secured the successful launch of the massive Titans4U investment fund.

The original business plan for Titans4U involved the purchase of several original titan blueprints worth over 60 billion ISK each.

The blueprints were then locked down in a corporate hanger in a secret alt corporation. A starbase in the same system was used to make limited-run blueprint copies for sale and a cut of the proceeds was distributed to investors as a regular dividend. From an investor’s point of view, the whole thing appeared to be secured by the presence of five trustees. These were active members of EVE’s investment market who volunteered to help secure the fund against theft or the owner going missing.

PAGE 12

dotview CLOSING THE NET

As a vote would be required to unlock the blueprints before they could be taken, shares in the secret alt corporation were split among five trustees. If Bobby were to ever attempt to unlock and steal the blueprints, those trustees could have simply declined the vote, keeping the corporation secure.

In the event of his disappearance, directors in the corp could also collectively initiate their own votes to recover the assets.

All of this security hinged on the fact that Bobby would not have access to over 50% of the company’s shares and so couldn’t vote to unlock the blueprints on his own. For over a year, this system worked amicably. In the background, how-

Virtual Money – GTA Online – Chinese Gold Farmers

ever, Bobby was slowly scheming to get his hands on more shares.

To complete the scam, Bobby initiated a vote to create more shares under the guise of adding more trustees. Despite recommendations by regular market guru Proton Power that trustees decline the move, the vote passed and more shares were created. With access to over 50% of the shares, Bobby was able to kick all other directors from the corp and steal the entire company’s assets. Bobby claims the total value he has “cashed in” his reputation for is in excess of 850 billion ISK. To put that into perspective, 850 billion is enough ISK to buy about 2575 PLEX. That would keep an account active for over 214 years, and could be worth around $45,000 US dollars.

The B U S I N E S S U P D A T E , the latest content addition to the world of G R A N D T H E F T A U T O O N L I N E , is now available to download from PSN and Xbox Live.

Today we’ve also added 14 new Jobs to GTA Online, many of which are inspired by the new additions from The Business Update. There are four new Land Races designed specifically for the Sports and Super class cars. You can take the new Vestra airplane on a tour of the Los Santos skies in any of four new Air Races.

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Our website offers World of Warcraft – EU Gold, which has Cheapest Gold, and most useful Game Strategy. We guarantee fast deliver and considerate service.

Pay attention to our website, you can get more information!

By DAILY MAIL REPORTER on 18:14 GMT, 27 MAY 2011

AND YOU THOUGHT WORLD OF WARCRAFT IS JUST FOR GEEKS! CHINESE PRISONERS FORCED TO PLAY GAME AS WARDENS GAMBLE If you end up serving any time in prison, you can pretty much assume hard labour will make up at least a small part of your sentence.

By KEITH STUART on Monday, 14 October 2013 10.37 BST

GTA ONLINE: ROCKSTAR PROMISES $500,000 IN-GAME CASH TO EACH PLAYER Grand Theft Auto V publisher to compensate gamers for launch hiccups with ‘special stimulus package’ as early as this week

Rockstar has just the thing for gamers frustrated by the stuttering debut of its Grand Theft Auto Online mode: $500,000 of in-game cash. The company announced on its Newswire blog on Friday that the ‘special stimulus package’ would be dropped into the world perhaps as early as this week.

The cash injection will be provided to any purchaser of Grand Theft Auto V who has attempted to play the Online mode during October. Launched at the beginning of the month, the service has been plagued by technical problems, including disappearing player-characters, and unreliable server access. Many gamers have lost thousands of in-game dollars, during the opening weeks.

“In order to keep the current worldwide in-game economy balanced, we will be providing this GTA$ to players via two deposits of $250,000,” explained Rockstar on its website. “We will announce specific dates as soon as possible,

but are currently hoping to be able to make the first deposit by the end of next week (after we’ve confirmed that issues causing game progress loss have been fixed) with the second installment to happen by the end of the month. For players who experienced cloud server errors, connection issues, and lost game progress and characters in these first days of GTA Online, we hope this GTA$ helps to facilitate a fresh start or makes your continued life in Los Santos and Blaine County extra sweet.”

There has been controversy over Rockstar’s decision to include microtransactions in the Online mode, allowing participants to pay real money for packages of ingame cash. The company insists it has balanced the experience to allow players to quickly earn money through in-game activities such as missions and car thefts. This stimulus package will at least allow microtransaction-adverse players to quickly access some of the upper

end purchases, such as apartments and multi-car garages (although players will still have to rank up to unlock fancy-pants guns and vehicle upgrades).

Reactions have, as ever, been mixed. “Great news,” wrote one reader of the Rockstar site. “I’ve stuck with the game even thou (sic) there have been issues but this just shows rock star have listened and shows respect to us gamers. Cheers Rockstar”. However, one comment on Time’s coverage of the news, complained, “I hate the fact they are giving everybody 500K. this is because i worked for a long time dragging myself through missions to earn enough to buy a 150K apartment and a 155K car... and now everybody even the people still on level 5 and such will be able to buy this stuff and they don’t deserve it.”

It just goes to show that money can’t always buy happiness. But it can buy a desirable residence in Rockford Hills and a new spoiler for your Pfister Comet super car.

Making Money Online March 2014

However, one prison in China has taken the concept to a whole new level after it was claimed inmates are being forced to play in online games - in a bid to make money for the guards.

An inmate complained that he, along with 300 other prisoners, were being forced to toil away in the virtual world after competing a full day’s work in the real world at the Jixi labour camp, it was reported.

By day, prisoner Liu Dali claimed he was forced to break rocks and dig trenches in the open cast coalmines of north-east China. But by night, the inmate says he would cast spells, slay demons and battle goblins.

He told the Guardian he was one of many prisoners who were forced to play online games to build up credits on behalf of the guards, who would then trade it in for real money.

Raising large amounts of credit in online games through multiple accounts and individuals is known as gold-farming - a practice which is thought to be especially widespread in China, leading to it being banned in 2009.

There are thought to be 100,000 full-time gold farmers in China.

According to the 54-year-old, who was jailed for three years in 2004 for ‘illegally petitioning’ the government about corruption in his home town, the practice was even more lucrative than the physical labour inmates were forced to undertake.

He also said those who didn’t raise enough virtual money would be beaten.

He told the Guardian: ‘Prison bosses made more money forcing inmates to play games than they do forcing people to do manual labour.

‘There were 300 prisoners forced to play games. We worked 12hour shifts in the camp. I heard them say they could earn 5,0006,000rmb [£470-570] a day. We didn’t see any of the money. The computers were never turned off.’

Liu Dali claims that the practice is still widespread in Chinese prisons.

The allegations have been denied by Chinese officials, who have insisted that prisoners would never be allowed to engage in online gaming as it would involve them having contact with the outside world.

The story continues on page 42

= A tool used to get what you want, when you want it

= the reason paris hilton is famous

= Currency.

= The only thing very hardly ever refused by anyone.

= Paper and coinage that can be used to exchange for goods and services. More of it equals power and chicks. = The biggest reason for stress in most marriages and the number one cause of divorce in the United States.

= The root of = What I don’t have. all evil. = the only thing that = a gift card matters in to everywhere the world.

Page 13

Date: 26 Aug 1994 14:53:58 -0600 Dear Friends, My name is Dave Rhodes. In September 1988 my car was reposessed and the bill collectors were hounding me like you wouldn’t believe. I was laid off and my unemployment checks had run out. The only escape I had from the pressure of failure was my computer and my modem. I longed to turn my advocation into my vocation. This January 1989 my family and I went on a ten day cruise to the tropics. I bought a Lincoln Town Car for CASH in Feburary 1989.

I am currently building a home on the West Coast of Florida, with a private pool, boat slip, and a beautiful view of the bay from my breakfast room table and patio. I will never have to work again. Today I am rich!!! I have earned over $400,000.00 (Four Hundred Thousand Dollars) to date and will become a millionaire within 4 or 5 months. Anyone can do the same. This money making program works perfectly every time, 100% of the time. I have NEVER failed to earn $50,000.00 or more whenever I wanted. Best of all you never have to leave home except to go to your mailbox or post office.

In October 1988, I received a letter in the mail telling me how I could earn $50,000 dollars or more whenever I wanted. I was naturally very skeptical and threw the letter on the desk next to my computer. It’s funny though, when you are desperate, backed into a corner, your mind does crazy things. I spent a frustating day looking through the want ads for a job with a future. The pickings were sparse at best. That night I tried to unwind by booting up my computer and calling several bulletin boards. I read several of the message posts and than glanced at the letter next to the computer. All at once it came to me, I now had the key to my dreams. I realized that with the power of the computer I could expand and enhance this money making formula into the most unbelievable cash flow generator that has ever been created. I substituted the computer bulletin boards in place of the post office and electronically did by computer what others were doing 100% by mail. Now only a few letters are mailed manually. Most of the hard work is speedily downloaded to other bulletin boards throughout the world. If you believe that someday you deserve that lucky break that you have waited for all your life, simply follow the easy instructions below. Your dreams will come true.

Sincerely yours, Dave Rhodes

Make Money Fast (stylised as MAKE.MONEY.FAST) is a title of an electronically forwarded chain letter which became so infamous that the term is now used to describe all sorts of chain letters forwarded over the Internet, by e-mail spam or Usenet newsgroups. In anti-spammer slang, the name is often abbreviated “MMF”.

The original “Make Money Fast” letter was written around 1988 by a person who used the name Dave Rhodes. Biographical details are not certain, and it is not clear if this was even the person’s actual name. The letter encouraged readers of the email to forward one dollar in cash to a list of people provided in the text, and to add their own name and address to the bottom of the list after deleting the name and address at the top.

Make money in Online Games with selling accounts

Register domains early and then sell them

Sell drugs on Silk Road

Get a lot of money, immediately, with a lot of risk

Convince other people to give you money

p1

Send spam

Invest in Bitcoins

Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country.The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment.

Page 14

With 1m I’d get my family members out of debt, then use what was left to get my wife and myself started up with a decent house/vehicles/some kind of business investment, use some for personal investments, then probably give the rest to some good charities.

Bet on sports

Play Poker online

p1

Ma Mon If I had a million dollars, I’d spend it all!

p1

With financial risks Using the theory behind pyramid schemes, the resulting chain of money flowing back and forth would supposedly deliver a reward of thousands of dollars to the ones participating in the chain, as copies of their chain spread and more and more people sent one dollar to their address.

The scam was forwarded over e-mail and Usenet. By 1994 “Make Money Fast” became one of the most persistent spams with multiple variations.

Make Money Fast

p1

Hack online banking

With legal risks

p1

Won’t happen probably

Win money in the online lottery

Start a cryptocurrency, get the most coins and wait for it to be successful

p1

Buy stuff on Ebay and then sell it on ebay

Open up a sellers account on Amazon, sell through that account

Offer a product

Become a service broker: where you take money from one person to perform a service and outsource it to someone else.

Trade

Buy underdeveloped websites, improve them, and resell them for a profit.

Learn webdesign and sell templates

Craft something and sell it online

Participate in Surveys, view adds, use specific search engines

ake ney

Do something everybody could

Transcribe audio

Start a blog and write review posts for $5 or $10 per post.

Offer a service

Start on the web with cartoons, get the fanbase and monetize your cartoons

I made a storytelling party game called Story War! with my friends Tom/Frezned (an Australian video game developer) and Vondell Swain (a 19 year old Portlandian), who might also respond to questions but they are probably sleeping right now. We reached our $20,000 goal in 36 hours, then I quit my job, and we went on to raise $200,000 more.

Do something better

Doing onlinemarketing for other people

Refer other professionals for jobs

Become an online consultant

p1 Sell your talent

Write SEOed articles for different websites

Start Online Fundraising Project

wish it was still like 2011 and I was still making like a hundred dollars off YouTube a month [unsubtle brag haha wtevr]

Work in Internet Porn

Join affiliate programs and promote them through your website or blog

Teach stuff on the internet

Get money based on success

p1

p1

Sell your knowledge

Mine Bitcoins

Make YouTube Videos

Buy things locally, sell them on Ebay

Get slowly money with a lot of work

Become an online mystery shopper

p1

Amazon is good to make money from and there are many different ways. Selling a product on amazon, creating and selling a kindle ebook, or the most common way, though affiliate marketing. They pay well, and good percentages if you can get volume. The trick is to do expensive items like TVs, cameras or other electronics.

Participate in online competitions

Sell your startup to Google

Start freemium site

Get a lot of traffic and put Google Adsense / Amazon Affiliate links on your website

But a Donate or flattr button on your website

p1

Sell your digital goods online (Apps/software/ music, stock photos, ebooks)

Do something crazy

Go to the strip club. I went with a hundred bucks and a 12 pack of bud light a few years ago and had an amazing night, so I’d imagine if I took a few thousand my fun level would be multiplied.

I blacked out a few hours into it and came to at some gas station in the middle of no where with a crown royal bag filled with quarters and a phone charger for a car, which did not fit my phone.

I can’t imagine how I came to possess those two things.

Page 15

I’m 16 and I make $40/day consistently with Google Adsense (now without doing anything).

Top 20 Highest Paying

Google AdSense is a program run by Google that allows publishers in the Google Network of content sites to serve automatic text, image, video, or interactive media advertisements that are targeted to site content and audience. These advertisements are administered, sorted, and maintained by Google, and they can generate revenue on either a per-click or per-impression basis. In Q1 2011, Google earned US $2.43 billion ($9.71 billion annualized), or 28% of total revenue, through Annuity Google AdSense.

Payment Some webmasters create websites tailored to lure searchers from Google and other engines onto their AdSense website to make money from clicks. Such websites often contain nothing but a large amount of interconnected, automated content (e.g., a directory with content from the Open Directory Project, or scraper websites relying on RSS feeds for content). Possibly the most popular form of such “AdSense farms” Insurance are splogs (spam blogs), which are centered around known high-paying keywords.

A Made for AdSense (MFA) website or webpage has little or no content, but is filled with advertisements so that users have no choice but to click on advertisements. Such pages were tolerated in the past, but due to Cancer complaints, Google now disables such accounts.

Mesothelioma law firm $179.01

Google AdSense

Sell annuity payment $107.46

Mesothelioma (or, more precisely, malignant mesothelioma) is a rare form of cancer that develops from cells of the mesothelium, the protective lining that covers many of the internal organs of the body. Mesothelioma is most commonly caused by exposure to asbestos.

Asbestos lawyers $105.84

Keywords 2013

Structured annuity settlement $100.8

Annuity settlements $100.72

Auto/Motor

Car donate $88.26

Virtual data rooms $83.18

Automobile accident attorney $76.57

Lawyer

Auto accident attorney $75.64 I’m not too sure how popular this will be, but I tend to think it will be downvoted to hell. No, I’m not advertising my site.

Car accident lawyers $75.17 I know $40 a day isn’t impressive, a real job makes much more than that.

However, I think maybe some people

Just earned $0.02 for watc

Data recovery raid $73.22 would be interested just because of the fact that now that I have the site established, it’s making me some decent, Motor insurance quotes $68.61 passive income while I sleep and go to school. Now it’s basically a free $40 every day! Apart from the few weeks of Personal injury lawyer $66.53 intensive work I spent 6 months ago, I do nothing to the site anymore.

Car insurance quotes $61.03

Asbestos lung cancer $60.96

Injury lawyers $60.79

Personal injury law firm $60.56

Online criminal justice degree $60.4

Car insurance companies $58.66

Business voip solutions $51.9

Page 16

There is a box, with a mouse in it, as well as a button that activates a food lever. The mouse hits the button gets the food. Because the mouse is reinforced by getting the food, it will continue to hit the button. Skinner also looked at schedules of reinforcement.

@ajdinthedream 26. Feb.

In 2013, Google gave out $9 billion USD in their AdSense program, I got $3.11 of that haha

I am A Thief I steal a lot from big chain store like Target, Walmart, Loblaws etc. I take around 400 dollars worth a week quite easily. One of the best things about those kinds of stores is that most employees do not care to know if you are stealing or not. Sure, there are a few whose actual job is to monitor people; but the rest are just working hard for a small paycheck and would rather not have the bother.

For many years I have been visiting Loblaws and stealing things like meats from their butchery (I always pick the most expensive cuts of the most expensive meats), fish, Nicorette quickmist, ready made foods from their kitchen, drinks, cakes and more. All I do is I go to their kitchen section first and order pre-made food like scalloped potatoes, lasagna or whatever else I want. Next I pick up 2 packages of their most expensive sushi packages from their sushi area. Next I grab a couple of drinks like Vitamin Water or POM juice. Then I go shopping! I grab Nicorette stuff for me to use but also to sell to friends, I grab the best meats from both their deli and their butchary... I make sure to scope out the most expensive stuff and I used to get looks at first for ordering 100 dollars worth of meats at once; but they have come to recognize me and know me and expect the large orders so now they no longer give those looks. I keep shopping like this.

When I am done, I then do the trick...

I simply walk up stairs to sit down in their eating area. I sit down, and I start to eat. As I am eating,

I am subtly removing any tags that might set off the alarms when I go. I remove the Nicorette from its package and pretend to be reading the instructions while I eat the ready made food from their kitchen. I put all the stuff in my briefcase, and then I walk out after my meal.

I have different strategies depending on which store I am stealing from. For example: When I steal from Target, I just go into their elevator and remove packaging when it travels from one floor to the next. They have no cameras in their elevators, which I find very odd.

I have only paid for fast food in the past few years... I have not once paid fro groceries.

I also travel for free on public transit, and have for 1.5 years. There is a glitch which allows me to add free money to a PRESTO card. I make one legit payment, and then duplicate it as many times as I want. So I have made a payment of 10 dollars which is the minimum, and then I duplicated it to 40,000 dollars. I also sell scammed PRESTO cards to my friends for pennies on the dollar.

I also steal supplies from the University that I teach at. Printer paper, printer ink, keyboards, monitors, speakers, mouse, mouse pads... basically everything except the actual computers.

I also manipulated a 68 year old man on the virtual world “Second Life” to believe I was a 24 year old woman. I sent him pictures of an ex girlfriend of mine from when I was a teen. She is married now with children, and I took the

pictures off of facebook. She is actually over 10 years older than 24, but she is really pretty and has aged very well. He believed I was this woman, and I got him to buy me all kinds of things sent to a fake address. I knew the house, and the schedules of the people who live there. They own a business and they leave their house at 7am and come home at 10pm.

So I would just go and stand in front of the house an sign off on all kinds of gifts. I got a PS3 this way, plus many games .. which I then sold. He also sent me over 8000 USD in lindens over second life over a period of 4 months. In the end, I asked him to come meet me at a local carnival we have in Toronto every year called the CNE and he travelled from New York to Toronto. I was to meet him outside the casino there, and I was there and he was there... but “she” wasn’t. I sat there drinking a vodka cooler and watching him wait for hours, while I also took in the local music band playing. There is more, but

this is a good start.

With dating fraud, often the con artist develops a relationship with their victim through an online dating site and convinces the victim to send money to the fraudster. The requests for money can be a one-time event, or repeated over an extended period of time.

ching a 15 second video on Swagbucks.

Members of the program are able to earn and spend Swag Bucks in a variety of ways.

Searching Swagbucks hosts a custom search engine that will periodically reward registered users with random amounts of Swag Bucks. The engine’s layout is similar to that of Google’s, though the results are compiled from multiple sources and are not necessarily the same. Theoretical payouts from searching are from 1-1000 Swag Bucks (SB). The selection of winners is completely random, and it is emphasized that searching more often will not necessarily increase the odds of winning.

“Bots” that automatically search using the engine are banned, and if the system detects unnatural searching habits, the user can be blocked for a certain amount of time. Unregistered users can use the search engine, but no SB’s will be awarded.

Swagbucks TV Here the user can watch videos, in a similar fashion to YouTube. Watching 10 videos (or a large portion of each) will earn the user 3 Swag Bucks. The user can only earn up to 150 SB from videos per day. Due to many users using auto-refresh bots and reloading the same video multiple times to exploit the system, more barriers have been implemented: the user can now only gain credit the first time they watch a video each day, and captchas sometimes appear to discourage the use of automated computer software.

This feature requires Flash, and it is also available as a small pop-up window through the toolbar.

Surveys Through the Surveys portal, Special Offers portals, or through email invitations, the user can complete surveys from third Special Offers This allows the user parties to receive Swag Bucks. to complete offers made by variGenerally, surveys take longer ous companies to receive Swag to complete than other activities, Bucks. The payouts can be virtuand consequently the payouts are ally any number of Swag Bucks. larger on average.

It should be noted, however, that this is a particularly risky way to Shopping Includes Coupons, earn- most offers do not offer suffi- Daily Deals, and Shop and Earn. cient re-compensation, and certain Coupons allows the user to clip offers are scams or do not pay. coupons (hosted by coupons.

Special offers vary greatly, and the com) and upon their usage earn user is advised to exercise discre- Swag Bucks. Daily Deals lets the tion when using this feature. user purchase certain products

and receive Swag Bucks in return.

Finally, Shop and Earn lets the user browser online shops (ex.

Walmart, Apple, Kmart, etc.) and receive a set amount of Swag Bucks per dollar spent.

Referral Program A current user can invite another person to use Swagbucks. If the other person signs up under the current user, the current user will earn matching Swag Bucks for every search win the new user receives, up to Tasks This gives the user an opa maximum of 1000. Only search portunity to perform simple tasks, wins will be matched, though in such as collecting data, for various special cases, this can be excompanies in exchange for Swag panded to other categories.

Bucks. This option is maintained

by CrowdFlower, a crowdsourcing Daily Goals A meter on the home company. page shows an amount of Swag Games- 2 Swag Bucks are periodi- Bucks that is the user’s goal for cally awarded for playing Flash that day. If the goal is reached, bogames. Tournaments are hosted nus Swag Bucks will be awarded which award large amounts of at the start of the next month.

Swag Bucks as prizes. At one These bonuses accumulate, and point, tournaments were removed meeting the goal for many days in from the section due to rampant a row will earn additional bonuses. cheating; the feature has since been reinstated, along with Hourly Random Winner Users that the Games section receiving a are logged in to the site can check makeover. the SwagBucks blog every hour.

If their username and avatar is Trade-in The user can trade in displayed in the “Hourly Winner” video games and consoles or section, the user can click “Claim books for Swag Bucks.

Your Swagbucks” and earn 1,000 Swag Bucks. Unclaimed winnings Swag Codes Strings of text can are not distributed to anyone. The be periodically found on the hourly random winner is now seen Swag Bucks network, and can be in the blog. entered into a box in the menu bar or on the ledger screen. These can appear anytime, and can expire anytime.

Page 17

While initially popular in Russia, the use of ransomware scams has grown internationally; in June 2013, security software vendor McAfee released data showing that it had collected over 250,000 unique samples of ransomware in the first quarter of 2013—more than double the number it had obtained in the first quarter of 2012.

Ransomware

Ransomware typically propagates as a trojan like a conventional computer worm, entering a system through, for example, a downloaded file or a vulnerability in a network service. The program will then run a payload: such as one that will begin to encrypt personal files on the hard drive.

Page 18

Encrypting ransomware reappeared in 2013 with a worm known as “CryptoLocker”. Distributed either as an attachment to a malicious e-mail or as a drive-by download, CryptoLocker first attempts to connect to a commandand-control server, after which it generates a 2048bit RSA public and private key pair, and uploads the key to the server. The malware then attempts to encrypt data on any local or network storage drive that the user can access using a 2048-bit RSA key, targeting files matching a whitelist of file extensions.

While the public key is stored on the computer, the private key is stored on the command-and-control server; CryptoLocker demands a payment with either a MoneyPak card or Bitcoin to recover the key and begin decrypting files, and threatens to delete the private key if a payment is not received within 3 days.

Due to the extremely large key size it uses, analysts and those affected by the worm have considered CryptoLocker to be extremely difficult to repair.

Ransomware is a class of malware which restricts access to the computer system that it infects, and demands a ransom paid to the creator of the malware in order for the restriction to be removed.

Some forms of ransomware encrypt files on the system’s hard drive (cryptoviral extortion), while some may simply lock the system and display messages intended to coax the user into paying.

Ransomware payloads utilize elements of scareware to extort money from the system’s user. The payload may, for example, display notices purportedly issued by companies or law enforcement agencies which falsely claim that the system had been used for illegal activities, or contains illegal content such as pornography and pirated software or media. Some ransomware payloads imitate Windows XP’s product activation notices, falsely claiming that their computer’s Windows installation is counterfeit or requires re-activation.

10,598,100,000,000 US Dollar Total US Dollar money supply

Page 20

BTC! BUY THEM UP, INVEST while you still can, INTEREST FREE. NO FED.....NO CENTRAL BANKING CARTELS, commerce of the future!

I am looking to sell up to 5 bitcoins Bitcoin Domain Name Portfolio for at $750 each. sale $2,500 each domain or $50k Cash only. Will meet in person at for group purchase of all of them. any bank or coffee shop.

Will accept bitcoins as payment. All If you are interested please reply payments, and open to barters of with your phone number. equal values.

Thank you!

30 top domain names in portfolio: BitCoinPriceQuote.com BitcoinBuyingSecrets.com BitcoinSellingSecrets.com BitcoinBuyingTips.com BitcoinSellingTips.com BitcoinMiningResources.com BitcoinWebDesigners. com BitcoinWebDevelopers.com BitcoinWebTemplates.com BitcoinTradeShows.com BitcoinSellingOnline.com BitcoinNewsMedia.com BitcoinWebcamGirl.com BitcoinWebcamsLive.com BitcoinWebcamLive.com BitcoinHardwareDeals.cowvm BitcoinMiningJobs.com BitcoinProductStore.com BitcoinBuyCar. com BitcoinBuyCondo.com BitcoinBuyHouse.com BitcoinConsultingCompany. com BitcoinMiningCompanies.com BitcoinMiningConsultants.com BitcoinMiningInvestment.com BitcoinOnlineMarketing.com BitcoinConsultingService.com itcoinSellOnline.com UsedMining.com BitcoinMiningJournal.com RECENT DOMAIN NAME SALES: BitcoinWallet.com $250,000 February 2014, BitcoinWallets.com $3,000 February 2014, BitcoinCalculators.com $3,000 February 2014, BitcoinCurrency.com $1,000 January 2014, BitcoinPaymentServices. com $2,495 January 2014, BitcoinBaccarat.com $1,750 January 2014, BitcoinDaily.com $5,000 January 2014, Bitcoinnation.com $2,000 December 2013, Bitcoinresource.com $1,200 November 2013, Bitcoin2014.com $1,200 November 2013, Bitcoinmarket.com $4,869 November 2013, Bitcoinnation.com $2,000 November 2013, Bitcoinmarket.com $4869 October 2013 Currently accepting BITCOIN donations at this address. Please help donate, you’ll be not only making someone’s life a better life to live, but you’ll get refunded, or repaid down the line. 19Py3hgNYaHSstXweyXA2xhbGqJxR25WZM - BTC.

7,794,118,155 USD Bitcoin Market Capitalization in USD (12,408,250 BTC for 628,14 USD each as of 02/17/2014 )

Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer Satoshi Nakamoto. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money. Bitcoins are created by a process called mining, in which participants verify and record payments in exchange for transaction fees and newly minted bitcoins.

Bitcoins can be obtained by mining or in exchange for products, services, or other currencies.

Page 21

I have my entire retirement and savings invested in Bitcoin.

I will track its progress here over time.

I am not doing this out of greed, but to support my family and hopefully never have to worry about money again... something I’ve stressed about for decades. I realize it’s controversial and some may take a dim view of it (my family included). But what’s done is done.

I am not going to post again until a year from now.

And then I will post each year following. Wish me luck.

EDIT: Thank you all for the feedback. I expected some opposition and advice. I have received more than enough, including some things I had not thought of.

Most of it I anticipated and already considered though.

I am done posting, and hopefully have clarified my position. I will be back in 1 year to document what happened. Have a good day.

btcthinker 13 Punkte 1 Jahr zuvor The way I see it, you’re taking a calculated risk: you take out a loan for $30K and you risk your credit history on the upshot that you can earn a good profit on that money. The worst thing that can happen is that Bitcoin crashes, you lose the money, you will file for bankruptcy and ruin your credit history (I assume that you don’t own anything significant that they can go after). Of course, in about 7 years your credit history will probably recover and you’ll be fine.

For me, it was a no-brainer: I took a loan for $25K and invested it in Bitcoin when it was around $12. I’ve been selling $700 worth of bitcoins a month in order to make the loan payments. Let’s look at the moral landscape we live in and who we’re competing against: the big banks have been doing this for years and they were not doing anything which actually supports the average person. When you get a loan to buy Bitcoin, you support the entire Bitcoin community and that helps the average person WAAAAY more than the banks ever did!

HarshlyThrownAway: Wow! Kudos for having the ‘nads to pursue such a gamble..Now, a month after your original post, your $30,000 is worth approximately $272,408.57 USD (according to the weighted average on Mt.Gox). Don’t care what the others say, but THAT’S impressive. Not sure what the rest of the year will bring, but good luck to you, sir. [deleted]: I won’t presume to tell you how to deal with your money but as someone who trades professionally and has traded foreign exchange for prop shops before.

I would highly consider an exit strategy if I were you.

Bitcoins are clearly on a very artificial bubble and you made a good amount of money.

Get out while you are ahead.

I created this throwaway because I wanted to share what I’ve done, and someday look back on this thread in either regret or triumph.

I am not a wealthy man. I am actually quite poor and have a lot of student loan debt. But I have good credit. I have applied for, and received over $30,000 USD in credit card 0% balance transfer cash, which I have slowly been investing in bitcoin for the past two months. I started when it was $14/ BTC. At this second, it is $25.10/ BTC. I have invested some of it in satoshidice, and the rest will be stored in an offline wallet.

I may someday regret this decision. It represents the exact amount of my entire retirement and savings accounts. If bitcoin ever becomes worthless, well, I will just have to deal with it and find another way to retire. If bitcoin takes off the way I think it will, I will someday be a wealthy man and my family will be set.

Page 22

UPDATE 4/9/13: I won’t give a full accounting until after a year, but I have said that if it goes above 200 and stays there for at least a week, I am going to quit my job. This morning it crossed $200/BTC. Next week I will be quitting my job if it hasn’t gone below $200.

I have a few Avalon ASIC miners on the way that will hopefully help me preserve this wealth, or at least pay my debts back and enjoy some time off from work for a while... or forever.

UPDATE 4/10/13: All: I cashed out $30,000 USD worth the past few days. I plan on repaying the credit card debts in their entirety next week. I sold at 195, 212, and 242 price points. It was just getting too stressful watching all the recent gains and correcskeptickal: That shows a bias most of us tions. I will have a little have to “not losing”. Losing $20 hurts seller’s remorse as the much more than winning $20 feels good. price continues to go up, It’s not rational, but most of us act this way. but I also feel relieved EDIT: Yes, paying back the loan is a good that all the coins I have idea. Yes, diversification make a ton of at this point are icing sense. And yes, the first $20k/year is much on the cake. Plus, I am more important than 20k more if you’re hopeful that my incombringing in 500k/year. All good points. ing Avalons will generThanks reddit for continuing to not disapate a lot more down the point! I was just trying to point out the line. More later. natural aversion to lose. We naturally think To the asshole trying to that pulling out 30,000 makes sense but crack my password and not 60,000 or all of it. Somehow everything access my tip funds: 16 greater than 30k isn’t as real because he character lastpass rangot it “for free”. domly generated, nonTL;DR It’s weird that losing hurts more than pronounecable, minigaining the equivalent feels good. mum 8 digits with specia characters. Good luck with that.

UPDATE 4/11/13: A few have suggested that I have played a role in the recent correction with my decision to cash out my initial investment. I highly doubt that, and you are all smart enough to make your own decisions. Nevertheless, I am going to take a break from commenting for a while. It’s just been too crazy. I will be back when things stabilize, at whatever price that is.

UPDATE 5/15/13: What a month. I took the plunge and quit my job a few weeks ago. Last day is Friday. I was told by my supervisor I could “come back anytime,” so I am not too worried if the Bitcoin thing doesn’t work out. Anyway, I have an ASICMiner blade arriving any day now. I have several Avalons arriving in the near future as well. I am confident they will pay for far more than my salary ever did. But just in case, I cashed out

about 100 coins when the price was $76 a few weeks have come to terms with the fact that my Avalons and back. Talk about a panic sell! I didn’t post the update Blades will never pay for themselves, but I am happy here in the off chance it would influence the market as with what they did mine. It was a risk, and some of the some of you speculated. That should get me through risks I have taken inevitably won’t pay off. At this time, I the next few months until all the ASICs arrive and start am very risk-averse, and have all the coins I mine going hashing. After that, who knows. I have a new lease on to paper wallets, backed up via scanned images that I life right now, and have been exhave encrypted and saved in a safe location. Exciting ercising and spending tons of times, so I am content to sit back and watch my efforts ScienceisMagi: I whole hearttime with my kids the past few pay off simply by the natural appreciation in price. Any edly agree here. Whenever I hear days as I wound down time at my questions, feel free to PM me! someone say “I put all of my job. money/bank account/retirement Recently, I have also pondered UPDATE 12/7/13 So many uninitiated have joined us the fund/nest egg/hope/etc into one starting a non-profit food bank or past few weeks. Some are now growing hair on their investment (stock, bond, busiother charity like sean’s outpost. balls/vaginas. Others are neutering themselves. I will ness, forex, house, piece of land, That would be my dream: to help say that I sold a few coins between $1000 and $1130 time share, car, drug of choice)” I others after I have paid my debts just to pay some bills, but I bought them all back a few realize they have very little intellidown. We will see. I’d provide a minutes ago at $630. Could it drop to $200 again? Sure. gence when it comes money manfull accounting, but most of you I don’t care. I believe in Bitcoin long term and the value agement. Look what happened to would laugh because about 70% is in its fundamentals. Once people realize this and esteemed institutions like Lehman of it is tied up in ASIC miners stop focusing on the day-to-day price, the panic selling Brothers, which was over 150 right now. As my name implies, years old at its collapse, or Bear will stop, and the focus will again be on its fundamenI guess I am still a gambler at Sterns, which had about 90 years. tals. This is bubble #2 for me, and I see the same patheart. Thanks for the pms and They’re gone. This can happen terns, but ultimately, the fundamentals are unchanged. to any singular company, asset kind words everyone.

China/Baidu are not class, commodity, or currency Bitcoin and there nagdude: Tip: A bet in an instant. If BTC are going to UPDATE: 5/22/13: Pic of my new are so many 13,000 mH/s baby. :D http://imon bitcoin is a binary explode in value, than you would more upsides bet, they can either go only need 5-20% of your portfolio gur.com/FAbVfPJ that will influence to thousands of dolin them in order to do really well. price down the lars each or they will UPDATE 8/14/13: line. Stay focused go to zero. There is no Not much to reon the long term other option. Success or jdoe74: OP you have balls of steel. ally say, but zdierks: I would picture, and this failure.

If you already alIf my math is correct: spend 100k creI’m still here. I is an easy decimost doubled your initial $30,000.00 / 14 = ~2142 units times ating a cheap 1 am a little ansion. Happy Holiinvestment you should a price of 143 right now puts you minute infomernoyed with the days all. sell half your holding at $306,000.00 cial. Then call skyrocketing difand be happy with that, Consider the marginal utility of fox news and ficulty though.

FINAL UPDATE you have in essence more money vs. the probability of try to purchase Right now I’m min2/10/14: Well it’s gotten them for free and your position continuing to grow. as much reming with about 470been about a you will be debt free in Another thing to consider is you nant ad time as 480Gh/s of equipyear. Four more addition.

Just the coins are not $30,000 of debt into this possible. ment on BTC Guild days, so close you have left will provide exercise - You have $276,000 of u n d e r t h e t e a m enough. I debated you with a good bonus your cash invested in bitcoins. name “Fecal Anon posting a new for your retirement if Ask yourself if you woke up timatter.” I don’t thread or doing bitcoins turns out to be tomorrow and you had no bitcoins think the ASICs an AMA, but degreat. Source: Someand you had $276,000 in cash will ever pay for cided not to for a body who has gone all-in would you buy bitcoins with ALL themselves, so few reasons. 1) I before, lost everything of your money. If they answer is that was probably am not an attenand learned the lesson YES, carry on - if the answer is no, a bad investment. I tion whore, and the hard way. take some or all of it off the table. occasionally hang my goal in doing Good luck. out in the justthis was never to dice chat room please anyone else or make myself look good. 2) I also and invest there if like my privacy and after the arrest of Charlie Shrem any of you ever want to chat. With and watching public figures become targets of both the exception of the climbing private and government entities, I’d rather avoid that. exchange rate right now, there So, I won’t be doing an AMA or writing a book or anyhonestly hasn’t been much good thing silly like that. news to talk about. To be honI look back on this thread and realize how crazy it was est, mining and the IPO craze goof me to think I could sock all those coins away onto ing on right now has soured my a paper wallet and never touch them. I suppose greed views on things. I am a stay-atgot the best of me. I am happy to say that I still own the home dad now and loving every majority of the coins that I initially bought. But I made minute of it. I am not going to sell some stupid investments though, and gambled some my coins, but am definitely not away. Namely, ASICs, and satoshidice. I don’t have going to take as many risks as I nearly as much as you all think I do because of those used to. Thanks for all the kind costly mistakes. That, and now I have taxes coming PMs, and even the hate mail. It’s all good fun. due. I don’t want to do a full accounting for the world to see, but I will say that it is enough to keep my family UPDATE 11/2/13: Still here, folks. The exchange rate and me happy for a long time. has climbed back up to $204/coin and I am ecstatic.

If anyone wants to contact me, feel free to pm me or I knew it would, and I am confident Bitcoin will confind me on the just-dice / doge-dice chat rooms. Yes, I tinue to grow. With the shutdowns of btct.co and bitown dogecoin. I like the community and did well buying funder (at least toward US citizens), I have no more some of it early on. Thanks for the nice pms, and even coins invested in bitcoin businesses, and I have pulled the shitty ones. I enjoyed this little experiment. all my coins out of just-dice because of the volatility. I Bye.

DrPolice: “In the game of money, you get rich or you die tryin’.”

Tree Fiddy

Page 23

On 2 October 2013, Ross William Ulbricht, alleged by the FBI to be the owner of Silk Road and the person behind the pseudonym “Dread Pirate Roberts,” was arrested in San Francisco on suspicion of drug trafficking, soliciting murder, facilitating computer hacking, and money laundering. The FBI seized over 26,000 BTC from accounts on Silk Road, which were worth approximately $3.6 million at the time. An FBI spokesperson said in an interview that they would hold the bitcoins until the judicial process finished and after that, they would liquidate them.

The Bitcoin Hype Cycle (requested repost) (self.

Bitcoin) submitted 2 months ago by vocatus I’ve been following the recent activity (like most of you), and have observed what I think I’ll call the “bitcoin hype cycle.”

Without further ado...

Impact of the seizure on the Bitcoin/USD exchange rate 1 Bitcoin = 127.25 USD Oct 02, 6:00

400

Erik Voorhees • 11 months ago Monopoly money is more like US dollars than like Bitcoin. The former two can be printed at whim, are centrally controlled, and are geographically restricted.

600

800

1000

1 Bitcoin = 103.81 USD Oct 03, 00:00

200

daveys • 11 months ago What a crock. Bitcoin is rising because the “real” economy is run with fake money, and is teetering on collapse all by itself, twithout any help from Bitcoin. Propaganda!

03.10.2013 Page 24

redforeva: This is how all markets work actually.

Pretty funny. shadowbandit: Bitcoin is more than a market. atomheartother: I don’t get why this is a systematic reply to any post saying bitcoin is similar to a market.

We get that it’s not a market, but you have to admit, it behaves a whole lot like one.

Amanojack: It does, but there’s a subtle and important difference: with Bitcoin the final goal isn’t to cash out with the most fiat money, but to end up with the most bitcoins. It’s the dynamic of a landgrab, versus that of a stock.

Bitcoin barons, understanding this, sell only the amount necessary to ensure their fiat-world needs are met. The rest is their castle, their own place secured on the universal asset ledger of civilization in perpetuity.

There is no exit; Bitcoin is the ultimate exit. anarchir: Thats what I keep trying to explain to people.

Dont dump bitcoins to get USD. We’re trying to transfer currencies here from any currency into bitcoin: thats the whole point of bitcoin.

Value begins to plummet

Bitcoi

Rookies/outsiders think “oh wow maybe I was wrong, why didn’t I listen to <friend/colleague/pundit> back when it was <$x> per coin!? I don’t want to miss out!”

Veterans hit their limits and start dumping coin on unsuspecting noobs below.

n

Rookies see this, don’t realize what’s actually happening, and excitedly keep buying.

Hype

Something Bitcoin-related happens; exchange fails/starts, some guy finds out his BTC are worth bazillions or loses a bunch due to hack/ carelessness; some government action involving bitcoin; some flaw is discovered/ hypothesized, etc.

The price moves a little bit.

News outlets pick up on this event and promptly publish wildly inaccurate / heavily-biased articles, either in favor of, or opposed to, Bitcoin. Regardless of the particular spin, buzz is generated. If the news is negative, rookies/ outsiders ridicule both Bitcoin and people involved in it.

If the news is positive, we go to:

Rookies start signing up for accounts, getting verified, and buying (takes 4-10 days to see the price move because of this due verification wait time).

Th

Noobs see value plummeting, panic, and sell (often at a loss)

e

Rookies get cleared and orders start going through. Price starts climbing waaaaaay too fast to be sustainable.

Price bottoms out, but not below where it started

Veterans hike down into the crater and buy, buy, buy.

News outlets see “crash” (correction) and decry Bitcoin. It begins to fall out of the mainstream public consciousness for a while.

After each cycle: USD/BTC value “lands” higher than it did before the cycle started. More people are aware of bitcoin. A few more businesses spring up around it. People trust it slightly more.

Pool of people using bitcoin is expanded.

Cy

cle

18.12.2013

People buy/ sell/use/start/ keep building businesses around it.

Value rises little-by-little.

People see that bitcoin is still around even after a hype bubble, and start realizing it might have long-term potential.

Price stabilizes a little bit; noobs think “I’m an idiot”; feel burned and get out of Bitcoin. But some stay.

Time passes.

Price stabilizes and moves slowly or not at all for a while.

Page 25

I am a seller on the illegal anonymous marketplace Silk Road.

Ask me anything.

By silkroadmagic

I’ve been selling prescription Adderall (an amphetamine salt based prescription drug used for treating people with ADD and ADHD) on Silk Road, the anonymous “black market” that uses Bitcoin and Tor. The site is similar to other e-commerce websites like Amazon or Ebay, but Silk Road specializes in illegal drugs. I came across the Silk Road around the same time that I had realized that I had more Adderall than I needed.

I’ve since made pretty good money with the sales. Not a fortune or anything, but more than I expected. About $200-300. I mostly just did it because I cared about having Bitcoins, not making Bitcoins. Selling the Adderall just seemed like a good way to get Bitcoins. I could have just found a site to trade USD for Bitcoins, but with this I was able to get Bitcoins and make money in the process, so it seemed like a better idea.

I’ll answer anything, as long as it doesn’t give away my identity.

Proof here (only works if you’re logged into Silk Road). I put proof on my Silk Road seller page. So... AMA. Page 26

Advicefromanidiot: Heres how to make more money.

Take the pills, cut them in half and sell them. Instant double profit! silkroadmagic: But I sell by the milligram.

If I sell 10mg pills for one price, I would sell 5mg pills at half that price. thegerbilking: You need to start looking at usernames.

gaia12: is it worth it for the adv person? or is it just an opportunity to further grow bitcoin and an internet black market. seems so risky, especially for someone not very versed in it, that buying on the silk road just isn’t worth it. silkroadmagic: I’m not sure whether “adv” means “adventurous” or “average” (or something else), but I’ll try to answer that.

If you’re feeling adventurous and you know enough about technology to get your hands on some bitcoins and you’re able to get to the Silk Road homepage and you want drugs, then maybe you should give it a shot.

If you’re average, then maybe you shouldn’t come here yet.

It’s pretty easy to make a simple mistake. If you put your address in the wrong box, you might accidentally make it public (and I’m sure that law enforcement is watching everything listed on Silk Road).

It is definitely a brilliant opportunity to further grow bitcoin, and it is an Internet black market. But, yes, it is pretty risky if you make a small mistake. Silk Road is pretty easy to use, but you can never be too careful.

If it seems too risky, maybe buying on the Silk Road isn’t worth it for you. If it’s not worth it, don’t do it. It’s pretty safe, but it’s ok to be cautious.

psychicnameguesser: Tim? silkroadmagic: Nope, sorry. Not Tim. Edit: I just noticed your username.

That made me chuckle. Thanks for that. psychicnameguesser: Anytime Phil. silkroadmagic: Seriously, if he had guessed my real name, I would have literally shit a brick. I’m not kidding. A big, rectangular, rock-hard red brick would have come tumbling out of my ass.

submitted 2 years ago

13TH AUG 2013 | 29 NOTES if you ever wondered what cannabis from the silk road looks like

[deleted]: Any advice on we should look out for aside from the standard “stick with reputable sellers etc” stuff. Is there anything specific to Tor/Silk Road? silkroadmagic: Look at the seller’s description of the product. If they’re very detailed, then they’re probably more serious. If they give one sentence, they probably don’t care as much.

Look at the seller’s own page. The address will look something like “http:// ianxz6zefk72ulzz.onion/index.php/silk87% pure molly courroad/user/1914” (That’s mine. The only tesy of the silkroad :) difference will be the “1914”, which is 8 MONTHS AGO / the unique number for me. Other sellers will have a different number there).

70 NOTES Again, you want detail. They should say a bit about the kinds of products they sell, accepted payments, how to contact them, etc.

Check if they have a PGP key. If they don’t have a PGP key, don’t buy anything illegal from them. If somehow Silk Road’s servers are seized (which is very unlikely), the authorities will be able to read ALL of the unencrypted information that’s on the site. If you send your information in PGP, the authorities will NEVER be able to read that information unless they beat the passwords out of the seller.

There are people on Silk Road who are selling things on it that aren’t illegal. Computers, Xboxes, iPods, jewelry, etc. There shouldn’t be a need to use PGP with them.

Lastly, I realize that you already mentioned it, but look at their reviews. If they have four bad reviews and one brilliant review, then they made a fake account. If they have no reviews, wait for someone else to try it.

As one of the Silk Road admins put it, “DO NOT get comfortable! This is not wal-mart, or even amazon.com. It is the wild west and there are as many crooks as there are honest businessmen and women.” Just be careful. Use common sense. Silk Road is perfectly safe is you look carefully and really try to find out if the seller is honest.

I know people say this all the time, but it really is true: Silk Road is a lot like Amazon.

I order something, and then a few days later, it’s just there, on my doorstep, waiting for me to open it up. There’s no awkward “Where and when should I meet you?” It just works!

Page 27

[deleted]: Why are you telling the public about Silk Road? Don’t you worry that having too many people in on this shit is going to lead to it getting shut down or having independent sellers get busted? I got an ounce of shrooms from Silk Road (the dudes) back in the day and it just seems like such a fucking mess nowadays with the inflated Bitcoin prices and publicity. silkroadmagic: Having more people using it will make the market even better. More sellers and more customers means better products at lower costs. Today’s drug sellers and buyers are almost completely disconnected from one another, so prices and quality vary widely.

Because Silk Road’s servers are delivering everything through Tor, I really really really really doubt that anyone could shut down the site. (**HINWEIS AUF SHUTDOWN) Tor makes it nearly impossible to find where the servers are, so the only people who could shut it down would be the Silk Road’s own admins.

I’m sure that some of Silk Road’s rising publicity has hurt a little bit of the marketplace, but I think most of it is getting better. If someone sees this AMA and decides to go on Silk Road to sell some pot, they’ll end up helping the market. More supply means lower prices, which means more trade, and this is all very good for the Bitcoin economy.

I can completely understand why some people won’t like the added publicity, but I believe that it’s a good thing.

silkroadmagic: We only have drugs here. If I remember right, there were some folks on the Silk Road who were trying to sell child pornography a little while ago, but I think the admins cracked down on that (which is good. No one should have stuff like that).

I don’t think there’s much here in terms of terrorism. Some people sell guns, but I think terrorism is more of WMDs and whatnot. But Senators like to stretch the truth from time to time just to get what they want.

mrpappy: This is fascinating.

I really want to go exploring the deep web one day.

Thanks for doing this ama1 silkroadmagic: You’re welcome!

APRIL 12, 2013 Silk road is a wonderful thing.

TrouserDemon: I was tempted, but things are more expensive than I could buy if I just spoke to my usual guy. I know some of that is the shipping costs, but there’s not much incentive to use this unless all my contacts die in another gang war or I want something rare. silkroadmagic: For people who already have a good dealer, there really isn’t a very good reason to move to Silk Road. For those who don’t have a dealer (or those who have a dealer who sells crap), Silk Road is probably better. But I totally understand why you wouldn’t want to use Silk Road. For some people it’s just not that useful.

Shinhan: Hello to all There are a lot more small steps to get pills.

Set up Tor, open it, sign up for Silk Road, get the DEA agents readBitcoins, put Bitcoins in Silk Road account, ing this thread. Hope buy product, wait for it to arrive. Lots of steps involved. If you already have a dealer, the only you’re having fun :) advantage that Silk Road might have is better silkroadmagic: prices and higher quality. They might be a lot better, or they might not be much better at all.

I’m doing it for them!

24 notes Posted on: Friday 5 July 2013 Shoutout to royal mail for unknowingly delivering yet another controlled substance.

Page 28

bitcoinfan: If goverments really can crack out bitcoins and tor (which I highly doubt), it is better to be happen sooner or later. That way we can work out the weaknesses of the system and work for a better system in the future. silkroadmagic: That’s actually a very good point. Luckily, I don’t think there are really any flaws in the Bitcoin software, but there could be. It would be better for someone (possibly the government) to find it now rather than later, so we can just get working on a new cryptocurrency if necessary.

I think the only way that law enforcement could possibly take down Silk Road would be a sting operation. That is, putting up fake ads for drugs and waiting for people to buy. Then the law enforcement officers know exactly where you are. Something like that would be expensive for them (they would have to buy tons of buyer accounts, and those are getting pricey!) and they would need to wait a little while for people to buy (people don’t want to buy from new sellers for obvious reasons).

I don’t think I’m risking much. It would be almost impossible for law enforcement to find me. They would need to find out where the package came from, and go to that mailbox, and have a police officer wait a few weeks for me to return to that mailbox.

All just because they found a 100mg of a Schedule II drug in an envelope.

Also, they wouldn’t suspect me. My criminal record is perfectly clean. Not even a parking misdemeanor.

And Adderall can really help people. Sure, some people can use it as a recreational drug, but most uses involve fixing conditions like Depression and Narcolepsy and ADHD. I think I’m doing a little bit of good by offering it at such a great price.

Edit: I forgot to mention: I’ve also never had a problem with it being addictive. I’ve gone months at a time without ever using it and I’ve never had withdrawal symptoms.

I’ve never felt a need to continue using it unless I have difficulty with procrastination.

silkroadmagic: I don’t know if I’m shipping to someone’s real address. I’m DavidFree: How did you deliver your just shipping to the address they told me to send to. It might be their friend’s product? Doesn’t that necessarily readdress or their mom’s address. Or it could be their own. move the anonymity?

I’ve also sent to a few PO boxes. silkroadmagic: I don’t use my real return I suggest that if you’re going to receive a package, you should have it sent to address (for a while I didn’t use one at a PO box instead of your own house. Don’t use your real address, and DEFIall, but that just looked way too sketchy).

NITELY don’t use your real name. What if you buy some drugs and suddenly I don’t keep information on a buyer’s adthe seller sends you a Facebook friend request? That would be terrifying. dress. I realize TheDentite: Then I could have a facebook friend!

I don’t have any proof of that, but none of my cussilkroadmagic: I use a fake mailing address now tomers have been arrested yet, so obviously (I used to use no return address at all), and I put I’ve been keeping my customers’ addresses it in a different mailbox each time (there are sevsafe. (I realize that “none of my customers eral withing walking distance from my house). have been arrested yet” is a pretty stupid deLaw enforcement doesn’t know what mailboxes fense, but it’s the only one I have at this point). the packages come from. Also, if they did find To actually send them, I just put the pills in an out the mailboxes I’m sending from, they still airtight plastic bag, and then I fold that bag up wouldn’t be able to find me. There’s tons of and put it in another airtight plastic bag. Then other houses here. They’d have to drill down to I put that bag in a bubble mailer and drop it in one of at least 50 different houses. the mail. It usually arrives in 2-10 days.

In some cases I’ve walked or biked as much as two miles to ImUsuallyWrong: get to a mailbox that I You’re probably going haven’t been to before. to get a lot of shit I’m not in the exact about talking about center of them all.

SR in a public forum.

I wish I could show you I agree with you however, the more attention this where I live and where site gets more people are going to talk about the the mailboxes are with taboo subject and perhaps see through some lies.

Google Maps, but...

But then again I’m just the kind of guy who likes yeah... to see the world burn.

Anyway, best of luck in all your future endeavours and try not got get v&.

Baraka_Flocka_Flame: So it seems that sellers are the most protected ones since there’s hardly any way to track it back to them if they use a fake return address. Buyers, on the other hand, have to deal with the fact that they might get a bunch of DEA agents at their doorstep instead of that eighth they ordered. silkroadmagic: Pretty much, yes. UnfortuYo this is what’s up nately, there’s really no way of getting Posted 2 months ago with around that unless we 11 notes #MDMA #drugs were to change the en#silkroad #me tire way that the postal service works.

I’m sure the DEA is working hard to find a way to take advantage of that one weak point vgry: What do you do with your Bitcoins? in Silk Road: the buysilkroadmagic: For now, I’m mostly just er’s physical address. holding on to them. Bitcoins will likely It’s easy to find the buybecome more valuable over time (even if ers than the sellers. only a little bit).

What I’m wondering So far the only thing I’ve purchased was is: shouldn’t the DEA some graphics hardware for Bitcoin minbe scanning through ing. That’s one of the few things you can the shipments of buy with Bitcoins right now. marijuana coming in There aren’t many things that can be purfrom Mexico, instead chased with Bitcoins yet, but the Bitcoin of watching some economy is growing rapidly. Soon there goofball ship small will be lots of things that can be puramounts of Adderall chased with Bitcoins. around the country?

silkroadmagic: I’m sure there are people who don’t think it’s a good idea. But putting illegal drugs in a positive light is probably a good idea. I don’t use illegal drugs myself, but I truly believe that there’s no reason that they should be illegal. Hopefully this can help people see that not all drug dealers are completely terrible people. Some of us are just strapped for cash and have something other people want.

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POR PO PO Page 30

RN ORN ORN It’s a dirty job, It’ssomeone’s a dirty job, but It’s a dirty job, but someone’s gotta do it. but someone’s gotta do it. gotta do it.

Page 31

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I have been making money from internet porn for nearly 15 years now, been through I have been making money from internet the ups and downs and it’s been so long, porn for nearly 15 years now, been through I have been making money from internet i’m not sure what else i am suited for. i am the ups and downs and it’s been so long, i’m porn for nearly 15 years now, been but through still making a lot of money, it’s not quite not sure what else i am suited for. i am still the upsas and downs long, i’mown/ easy as it and usedit’s tobeen be... so i currently making a lot of money, but it’s not quite as not sure what else i amadult suited for. i amwith still a comrun about 125+ websites easy as it used to be... i currently own/run makingbined a lot of money, it’s not quite as 6,000+ affibut liates. about 125+ adult websites with a combined easy asBack it used to be... i currently in 97’ my buddy and iown/run started building 6,000+ affiliates. about 125+ adultand websites a combined websites found with newsgroups where peoBack in 97’ my buddy and i started building 6,000+ ple affiliates. were requesting adult content. We would websites and found newsgroups where peoBack inprint 97’ my buddy started things outand andi mail via building snail mail for $5 ple were requesting adult content. We would websites and found newsgroups where peobills.

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Page 32

Exactly how much Exactly how much do I make now?

Exactly how much do I make250k/year now?

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Around 250k/year right now.

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Prior to tubes, about 35% right now.

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There were times more than that.

There were times that I would pull There were times that I would pull in $40,000/month that I would pull in $40,000/month in the past. in $40,000/month in the past. in the past.

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It’s only part time are released on some of the big network tors. And withwere an affiliate linkindividual back to the If you you review movies sites, couldto probably attract some visi- that site where they can watch the of fullthe movie, you released bigtonetwork tors.are And with anon affisome liate link back the might besites, able you to make a probably few extra attract bucks.some The visicould site where they can watch the full movie, you paysitestors. usually have free video content forto the an affi liateextra link back might be And able with to make a few bucks.

The site(or where they can watch the full movie, youpaysites to use a trailer) to promote a content site. usually have free video for you might be able to make a few extra bucks. The you paysites to use (orusually a trailer) to promote a site. have free video content for you to use (or a trailer) to promote a site.

Girls make more money in porn, guys make about 1/5 of what the girls make. Plus, guys will do it for free so it’s rare that a Girlsgood makeperforming more money in will porn, guys make about 1/5 of what of male re-appear, due to the abundance the girls make.

Plus, guysfor will do and it forunder-performing. free so it’s rare that them willing to work free, weawant to Girls make more money in porn, guys make about 1/5 of what good performing male will re-appear, dueones to the abundance of see the girls, that’s why they are the getting paid. the them girls make.

Plus, guys will doand it for free so it’s rare that awant to willing to work for free, under-performing. we who A good shoot will run from 1200-5000.

Depends on good performing male will re-appear, dueones to the abundance of you see the girls, that’s whyare, they are the getting paid. have, but chances the guy is 250 and thewe girl is 800, them willing to work for free, and under-performing. want to A good shoot will run from 1200-5000. on who you thethey shoot.

Then you Depends have the set/camera guy & seehave, the depending girls, that’son why are the ones getting paid. but chances are, the guy is 250 and the girl is 800, production costs.

I say, go gonzo and just pay the girl, do it A good shoot will run from 1200-5000.

Depends on who you depending onno theediting shoot.since Thengonzo you have thebomb set/camera guy yourself, isthe the and call it a&day. have, but chances are,I say, the guy is 250 and and 800, production costs. go gonzo just girl payisthe girl, do it depending on the shoot.

Then you have the set/camera guy & yourself, no editing since gonzo is the bomb and call it a day. production costs. I say, go gonzo and just pay the girl, do it yourself, no editing since gonzo is the bomb and call it a day.

It’s you and me babe!

Girls in to porn, guys It’smake muchmore moremoney difficult be successmake about 1/5 of what the days. girls make. ful It’s in my industry these You really much more diffi cult toit’s be successPlus, guys willto do it creative for free so rare really need be now whereas ful in my industry these days.

You really thatinathe good performing male willuprepast, youtocould throw a page really need be creative now whereas appear, due to the abundance of them of banners andyou get could trafficthrow to it. Ifup you are intothe past, a page willing work for free, and under-perhotof (guy or girl), start shooting your ownare banners and get traffi c to it.

If you forming. we want toyourself see the girls, that’s movies with just and/or another hot are (guy or girl), start shooting your own why they the ones getting guy/girl and build your ownpaid. site. then movies with just yourself and/or another A good shoot will run from 1200-5000. youguy/girl have fresh content that no site. one has and build your own then Depends on who you have, but chances ever seen and trustcontent me, people willone come you have fresh no has are,watch the guy isyou 250 andpromote the girlthat is 800, it if self yourself ever seen and trustThen me, people will come depending on the shoot. you have via watch social itmedia Doesn’t really ifguy yououtlets. promote yourself thematter set/camera &self production costs. what you look like if you’re a really guy. via social media outlets.

Doesn’t I say, go gonzo just paythrow the girl, If you can what getand girls over, on do some matter you look like if you’re it yourself, no editing since is the a guy. mask if you want togonzo bethrow recognized Ifand you canitdon’t get girls over, on some bomb call a day. and do some POV videos of own. ifgo, you want to your be recognized As far asmask the girls it’sdon’t like anyone at any appointYou willoften make Ifofitcyour turns out ment, they’re late, some butPOV hey, money. it’s LA... traffi is a own. and do some videos thatYou you’re can perform nightmare. will good make and some money.

If itand turns out creative with content, you Theget biggest perks ofyour the job areperform defi - will that you’re good and can and be able to get into industry without get creative withthe your content, you will question. hard part getting traffi c. be ableThe to get into theisindustry without question. The hard part is getting traffic.

I Ihave seen itit have seen all, does I porn have seen it all, porn does not get me off all,get porn not medoes off anymore. not get me anymore. off anymore.

Very aspect of the indus-

As far the girls go, fast. it’s likeContent anyone at tryaschanges, any appointment, they’re often late, but As far asit’s theLA... girlstraffi go, it’s anyone at hey, c islike a nightmare. any appointment, they’re often late, but hey, it’s LA... traffic is a nightmare.

for me now.

The biggest perks of the job are defiThe nitely beingperks able to from biggest ofwork the job are anywhere, anytime I want to.

All from of defi nitely being able to work delivery methods, availability, price myanywhere, employeesanytime are scattered around All very of points. Originally,I want thereto. were themy country, some even outside the employees are scattered around few adult subscription sites, and country and they all work their theeach country, evenon outside weresome very broad in termsthe of own schedule.

They arework paid on well and country and they“mega all their niches.

It was sites”.

These don’t have to showThey up to work. own schedule. are paidNot welltopayand days you have “micro-niched” mention, I canto simply move to Hawaii don’t have showfrom up to“lesbian work.

Not to sites that range foot andmention, nothing Iwill change.

The people can simply move to Hawaii fetish” to “hairy midgets” and so in the industry are cool,The never and nothing willvery change. people of on... we have scraped the bottom conservative and some of the smartin the industry are very cool, never barrels when it comes to content. estconservative people I haveand ever doneofbusisome Basically, the only thingthe leftsmartis live. ness with.

Afterall, we’re the ones estCan’t people have ever done busibeIshared. who betawith. tested every aspectthe of ones the ness Afterall, And these days, we’re we have to be internet for you all. Those video playwho beta tested every competitive when it aspect comes of to the pricing. ersinternet would not be where they were ifplayfor you Those Originally we all. would sellvideo one micromillions of hours of porn hadn’t been ersniched would site not for be where they and werethat’s if $30/month watched on them.

Pornporn has evolved millions hours hadn’t been all youofgot.

Butof now that we’ve built online billingon and content delivery to watched them.

Pornof has evolved 100’s of these sites various niches, where it isbilling today.and content delivery to online we have bundled them altogether and where it isyou today. offered access to all for the same $30/month.

Very aspect of the industry changes, fast. Content delivery methods, availability,aspect price points.

Originally, there were few adult subscription and Very of the industry changes, fast.very Content delivery methods, sites, availabileach were veryOriginally, broad in terms of niches.

It was “mega sites”. These days you ity, price points. there were very few adult subscription sites, and Very aspect of the industrypaysites changes,that fast.

Content delivery methods, availabilhave “micro-niched” range from“mega “lesbian foot These fetish” to “hairy each were very broad in terms of niches.

It was sites”. days you ity, price points.and Originally, there were very few subscription sites, andit comes midgets” so on... we have scraped theadult bottom offoot the fetish” barrels when have “micro-niched” range from “lesbian to “hairy each were very broad in paysites terms of that niches.

It was “mega sites”.

These days you to content.

Basically, the only thing left is live.

Can’t be shared. midgets” and so on... we have scraped the bottom offoot the fetish” barrelsto when it comes have “micro-niched” that range from “lesbian “hairy And these days,paysites wethe have to thing be competitive when itbe comes to pricing.

Originally to content.

Basically, only left is live.

Can’t shared. midgets” and sosell on... wemicro-niched have scraped thefor bottom of theand barrels when it comes wethese would one site $30/month that’s all you got. But And days, we have to be competitive when it comes to pricing.

Originally to content.

Basically, the only left issites live.of Can’t be shared. now that we’ve built 100’sthing of these various we you havegot. bundled wethese would sell onehave micro-niched site for $30/month andniches, that’s all But And days, we to be competitive when it comes to pricing.

Originally them altogether and offered you access to all for the same $30/month. now that we’ve built 100’s of these sites of various niches, we have bundled we would sell onethere micro-niched site men, for $30/month and that’s directors, all you got.editors, But web Until lately, were camera gaffers, producers, them altogether and offered you sites access to all forniches, the same now that we’ve built 100’s ofyou these ofavarious we$30/month. have bundled designers, marketers, name whole staff of people.

Now, I will make Until lately, there were camera men,it... gaffers, producers, directors, editors, web it them altogether and offered you access to all for the same $30/month. possible for the actress to reap full benefi ts without all those middle men. And designers, marketers, you name it... a whole staff of people.

Now, I will make it Until lately, there wereof camera men, gaffers, producers, directors, editors, with the social media and self marketing, who needs them? It’s you possible foraddition the actress to reap full it... benefi ts without middle web designers, marketers, you name a whole staff all of those people.

Now, men.

I will And and me babe! with the addition of social media and self marketing, who needs them?

It’s you make it possible for the actress to reap full benefits without all those middle andAnd me with babe! men. the addition of social media and self marketing, who needs them? It’s you and me babe!

Page 34

Until lately,

there were I have aquired camera men, all of my emI havegaffers, aquired producployees through all of my emers, directors, places like ployees through editors, web degofuckyourself. places like signers, marketcom which is gofuckyourself. ers, you name the biggest com which is it...webmaster a whole staff theadult biggest of people.

Now, forum out there. adult webmaster I will make Most ofthere. the it forum out possible for the people on Most of the there actress to now on arethere trolls,reap people full benefi ts but back in the now are trolls, without all those day it was pure but back in the middle men.

I have daybusiness. it And was with pure met tons of the adbusiness.

I have dition of social my metpeople tons offrom media and self industry there peoplemarketing, from my who and many of industry there needs them? work andthem many of with/ forwork me now. them with/

My porn name is Lance Hart.

I am 33 years old. I have a Bachelors Degree in English with a focus in Modern American I amLiterature 33 years old.

I have a Bachelors Degreethan you (which comes in more handy in English with focus in Modern American the aAdult Film Industry).

I am 33would yearsthink old. Iain have Bachelors Degree Literature (which comes in more handy than you Before the internet the American internet, I used to in English with a focus in was Modern would think in the Adult Film Industry). spend hours hogging my parents phone line Literature (which comes in more handy than you Before the internet theIndustry). internet, I used to while looking forwas nudie pics of Cindy Crawford would think in the Adult Film spend hours hogging my parents line I on boards with a 2400Iphone bd modem.

Before thebulletin internet was the internet, used to while looking for pics of Cindy was always a nudie nerdy kid, scared ofCrawford the sports, spend hours hogging my parents phone line on bulletin boards with a 2400 bd modem.

I introverted, and spent a Cindy lot of time indulging while looking for nudie pics of Crawford afantasies. nerdy scared of school, the sports, inalways sexual After high on was bulletin boards withkid, a 2400 bd modem.

I I guess I and aand lot started ofoftime indulging grew into myspent looks getting attention. wasintroverted, always a nerdy kid, scared the sports, in sexual fantasies. high school, I guess I was and still too scared to have sex until I wasI 19. introverted, spent aAfter lot of time indulging grew into my looks and started getting attention. in sexual fantasies. After high school, I guess I I was scared to have getting sex until I was 19. grew intostill mytoo looks and started attention.

I was still too scared to have sex until I was 19.

I took a long time to work my way through college, and I took a long time to Iwork graduated when was 25. I my way and a career in B2B sales, I took astarted longthrough time to college, work graduated when I was 25. I and selling software my waymostly through college, and started a career in B2B wholesale graduated when I internet was 25. bandI sales, mostly selling and width.

Still being sexually started a career insoftware B2B sales, wholesale bandobsessed with things mostly sellinginternet software and that width.

Still sexually I did notbeing know were pretty wholesale internet bandobsessed with things common I spent width. Still beingfetishes, sexuallythat I dida not know were pretty lotwith of money on escorts, obsessed things that common fetishes, I spent hookers and strippers.

One I did not know were pretty a lotday offetishes, money I was inon fiescorts, nancial bind, common I aspent One I and answered an ad on a lothookers ofand money onstrippers. escorts, daycraigslist I was in afor financial bind, “male hookers and strippers.

Onetalent,” and I answered an ad on which up bind, being my day I was in aended financial foran “male talent,” first paid porn I was paid andcraigslist I answered ad gig. on which ended being my the $1900 andup flown across craigslist for “male talent,” firstended paid porn gig.

Imy was country to jerk offpaid on which upjust being and flgig. own the camera.

I was good at it. Refirst$1900 paid porn I across was paid country just to jerk off on ally fl good it, and I found my $1900 and own at across the camera.

I to was good at it. Retrue inoff life. country justcalling jerk on ally good it, and camera.

I wasatgood at Iit.found Re- my calling in life. allytrue good at it, and I found my true calling in life.

I signed a contract with a gay porn company at that first I signed a contract with a gay shoot. I’m not gay, but I’m not porn company at that first remotely homophobic either.

I a gay I signed a contract with shoot.

I’m not gay, but I’m not looked porn at having sex with men at that firstI remotely company homophobic either. as a sport, a sport thatgay, I actushoot.

I’m not butmen I’m not looked at having sex with ally cared about,homophobic and I strived either. I as aremotely sport, a sport that I actuto be better and at it. with men atbetter having ally looked cared about, and sex I strived After that contract ran out,that I asbetter a sport, sport to be anda better at it.I actulaunched my ownabout, production ally cared and I strived After that contract ran out, I where Ito could indulge inbetter stuff at it. be better and launched my own production that I really enjoy.

My fetishes After that contract ran out, where I could indulge in stuff include:I launched my own producthat I really enjoy. My fetishes -ballbusting (getting kickedindulge in tion where I could in include: the balls by hot girls) -pegstuff that(getting I really enjoy. in My -ballbusting kicked ging (getting it up the butt by fetishes include: the balls by hot girls) -peghot girls-ballbusting with strap-ons) -pan-kicked ging (getting it up(getting the butt by tyhose,in spandex leggings, thewith balls by hot girls) hot girls strap-ons) -panhigh heels, fishnets, leotards, -pegging (getting it up the tyhose, spandex leggings, bodysuits... butt by hot girls with straphigh heels, fishnets, leotards, I like regular “Vanilla” sexspandex too. ons) -pantyhose, bodysuits...

I like it aleggings, lot. I justhigh haveheels, a fet- fishI like regular “Vanilla” sex too. ish itchnets, that Ileotards, need to scratch, bodysuits...

I like it a lot.

I just have a fetand it can’t be scratched I like regular “Vanilla” sex too. ish itch that I need to scratch, by anything but some kinky it abe lot.

I just have a fetand Iitlike can’t scratched sex. In most of that my fiIlms I get ish itch need to scratch, by anything but some kinky kicked in the teased, it balls, can’t be scratched sex.and In most of my films I get done inby the butt, andbut I get some kinky kicked anything in the balls, teased, to cum sex. all over some pretty In most myI get films I get done in the butt, of and lady’s pantyhose. kicked in the balls, teased, to cum all over some pretty done in the butt, and I get lady’s pantyhose. to cum all over some pretty lady’s pantyhose.

Kinky porn pays a lot Kinky porn more than pays a lot Kinky porn climbing aa lot more than pays corporate climbing a more than ladder. corporate climbing a ladder. corporate ladder.

I have found a host of kinky friends in Florida I have found a host of where I live.

We do all kinky friends in Florida I havekinds foundofa silly host sex of stuff where I live.

We do all kinky friends infor Florida together more kinds of silly sex stuffthan 40 where I live.

We do all hours a week.

The people together for more 40 kinds Iofwork sillywith sex pride stuffthan ourhours a week.

The people together for more than 40 selves helping I work withonpride our-young hours a week.

The people models make good monselves on helping young I workey with pride ourand better their lives. models make good monselvesI on helping young stillbetter modeltheir for mainey and lives. models make gay good monstream and straight stillbetter modeltheir for mainey Iand lives. porngay companies on the stream and straight I still model side if for themainshoot looks porn companies on the streamfun, gaybut and straight mostly I produce side if the shoot looks porn companies on the my own stuffI now. fun, but mostly produce side if the shoot looks my own stuff fun, but mostly I now. produce my own stuff now.

Page 36

I spent a couple years buying porn from clips4sale.com and thinking, “I could make I spent couple years buying this astuff,” especially after porn I hadfrom been in a clips4sale.com and thinking, “I could big production gay porn porns.

Onemake night I spent few a couple years buying from thisI stuff,” especially I had been in aand couldn’t sleep, soafter I went to walmart clips4sale.com and thinking, “I could make fewbought big production gay porns.

One night a $300 video this stuff,” especially after I camera. had beenI already in a I couldn’t sleep, so Iwith wentsome to walmart and a computer editing few bighad production gay porns.

Onefree night bought a $300 video camera.

I already software.

I put an add on backpage I couldn’t sleep, so I went to walmart and and had a computer with some free editing “looking for female talent” and I boughtcraigslist a $300 video camera.

I already software.

I put an add on backpage and got a call with within 5 minutes.

She showed up had a computer some free editing craigslist “lookingand for female talent” and I in 20 minutes got to work. software.

I put an add on we backpage and got What a call I’m within 5 minutes.

She showeditup saying is, I thought craigslist “looking for female talent”about and I for in 20 minutes we got to work. years, but5and once I started realizedup that it got a call within minutes.

She Ishowed What I’m saying is, I thought about it formoney really wasn’t Making good in 20 minutes and wetoo gothard. to work. years, but once I started I realized that it can be hard, making enough What I’m saying is, Ibut thought about it forto cover really wasn’t too hard.

Making good money youronce costs shouldn’t be all that tricky.

So I years, but I started I realized it canguess be hard, enough to acover mybut firstmaking step was buying camera, really wasn’t too hard.

Making good money yourand costs shouldn’t be all that tricky.

So I after placing the ad for a model. can be hard, but that making enough to cover guess my first step was buying a camera, your costs shouldn’t be all that tricky. So I and after that placing the ad for a model. guess my first step was buying a camera, and after that placing the ad for a model.

Anyway... within 2 weeks of buying a cheap camera and postingwithin some2video clips of a girla kicking me in the Anyway... weeks of buying cheap camera andballs and jerking me off onto her nylons, I had a Top 50 clipstore posting within some video clips a girlakicking me in the balls Anyway...

2 weeks of of buying cheap camera and clips4sale.com called “She Owns Your Manhood.”

That andon jerking offclips onto her nylons, I had a Top 50balls clipstore posting some me video of a girl kicking me in the month I started called making $300Owns a dayYour by making art (fetonjerking clips4sale.com Manhood.”

That and me off onto her “She nylons, I had a Top 50 clipstore ish fi out of the perverted stuff I hadart always been I lm) started making $300Owns a day bythat making (fetonmonth clips4sale.com called “She Your Manhood.”

That ashamed of.

The profi ts kept growing, and a couple months ish fiIlm) out of the perverted stuffbythat I hadart always month started making $300 a day making (fet- been later I quitThe my profi day job.

At the time I and was aa couple well paid Busits kept growing, months ishashamed film) out of. of the perverted stuff that I had always been ness Analyst at a pretty big software company. later I quit my day At the time I was paid Busiashamed of. The profijob. ts kept growing, and aa well couple months ness Analyst at a pretty bigtime software later I quit my day job.

At the I was company. a well paid Business Analyst at a pretty big software company.

My parents found out what I do for work a few My parents found out months ago. I guess what I do for work a few someone told them where Anyway... within 2 months ago. I guess to look online and they someone toldof them where weeks buying saw me in a scene I did to look online and they a cheap for kink.com wherecamera I am saw me in a scene I did ball gagged, and some and bound, posting for kink.com where I am getting video done in the buttof a ball gagged,clips bound, and by a 6ft tall black lady getting in the butt girldone kicking with a strap-on.

My par-me in by a 6ft tall black lady and jerkents arethe fromballs the south, with a strap-on. My parvery right wing, a meand offhad onto entsing are from the south, hard time accepting this. veryher rightnylons, wing, and Ihad a had Since I haven’t asked hard time this.

Topaccepting 50 them foramoney everclipstore as Since I haven’t asked an adult, there’s nothing on them forclips4sale.com money ever as they can do but take it Owns called “She an adult, there’s nothing for what it is. Now we get theyYour can doManhood.” but take it along okay. for what it is. Now we get That month I get some level of judge-I startalong okay. ment from other people$300 a making I geted some level of judgein my life, but those that ment fromby other people art day making matter don’t judge, and in my life, butfithose that of (fetish lm) out those that judge don’t matter don’t judge, and matter. the All and all, I am perverted those that judge don’t stuff gratefulthat everyday thatalways I had matter. AllI and all, I am finally found a healthy grateful everyday that I of. been ashamed and profi table outlet for finally found a healthy The ts kept what I, at one profi time, conand profitable outlet for sideredgrowing, to be a sexual or a and what I, at one time, conpsychological problem. sidered to be amonths sexual or couple I used to think I was a psychological problem. quit my day freak forlater beingIobsessed I used to think I was a with myjob. fetishes.

I used At the time I freak for being obsessed to be terrifi ed a that anyone well paid withwas my fetishes.

I used might see the kind of to be terrified thatAnalyst anyone Business porn I looked at online. might see the kind of at a pretty I could never be totallybig porn I looked at online. honest software with anyone.

I could never be comtotally honest with Kinky anyone. porn pany.

pays a lot more

When someone contacts me who is interested in working with me, When someone contacts me whomy typically they come through is interested in working with me, landing page: instinctdrivenmedia.

When someone contacts me whomy typically come through com they or a lot of times they find me is interested in working with me, landing page: instinctdrivenmedia. on twitter.

If they haven’t seen the typically they come through my com landing or a lot page of times theythem find me I direct to it landing page: instinctdrivenmedia. on twitter.

If can theysee haven’t seen the of so they actual footage comlanding or a lotpage of times theythem find to meit direct what theyI would be doing.

All my on twitter.

If theysee haven’t seen the of so they actual footage paycan rates are on that page too, so landing page I direct them to it whatitthey would clears up abe lot.doing. All my so they can see actual footagetoo, of so pay rates aregirls on that A lot of thatpage work for me what would doing. All my it they clears upget a be lot. never naked and never touch a payArates are on that that work page for too,me so lotdick. of girls That’s normally the first thing it clears up a lot. never get naked and never a I get across in the first touch conversaA lotdick. of girls thatnormally work forthe mefirst thing That’s tion.

They can make $100 an hour never getacross naked and touch a I get thenever fianything rst conversawithout in doing porny, and dick.

That’s normally the$100 first an thing tion.

They can make hourdon’t they need to know that they I getwithout acrossdoing in the anything first conversaporny, and their have to jerk a guy off or show tion.they They canto make $100 an hour need they don’t boobs toknow makethat whatever amount without doing porny, andtheir haveof tomoney jerkanything a guy or show theyoff need. theyboobs need to they don’t to know make that whatever amount have jerk a they guy off or show their ofto money need. boobs to make whatever amount of money they need.

Once we establish what the model wants to do, I we establish needOnce to know what theywhat the model to do, I really look like.wants If I can’t tofootage know they what find need recent of them Once we what establish really look like. met If I can’t online, and haven’t the model wants to do, I recent of them themfind in person, I know require need tofootage what they online, and haven’t met a couple pics send to me, really look like.

If I can’t I require withthem the model holding a fiin ndperson, recent footage of them a of couple pics send to me, piece paper with the curonline, and haven’t met model holding a rent with date the written it. This them in on person, I require piecestandard paperin with the curis pretty thesend aof couple pics to me, date on Iit. This a pornrent industry.

That way with written the model holding isit’s pretty standard inwith the the curknow them and current, piece of paper industry.

That way and porn they rent haven’t dategained written onI it. This know it’s themstandard and current, or lost 20islbs since the pic pretty in the they gained was and taken. pornhaven’t industry.

That way I lost 20 lbs If weorare filming atsince my the know it’s them andpic current, was taken. apartment and nothaven’t at my gained and they If we arelost filming at since my studio they have be nice the pic or 20tolbs apartment at my to my cats, ortaken.

Iand will not send was they have to beatnice themstudio home.

If we are filming my myapartment cats, aorfirst I will Thentoschedule andsend not at my them home. shoot.

The first shoot is to be nice studio they have Thento schedule aor fito rst normally just 2 cats, hours, my I will send shoot.

Thehome. firsttoshoot is see if we them work well normally 2the hours, gether.

If Then theyjust like work, schedule a fito rst wedo work toand see wantifshoot. to more, and Thewell first shoot is If they like the work,to I cangether. sell normally their look,just I can 2 hours, and want more, and typically shoot ado model awell see iftowe work toI can sell atheir look,like I can couple times month. gether.

If they the work, typically a model a and and shoot want to do more, couple times month.

I can sellatheir look, I can typically shoot a model a couple times a month.

Well, when I’m talking to other porn people we talk about Well, when talking to othit like it’sI’m art.

I do really think er when porn people we talk about it is art, expressWell, I’m because talking toI’m othit like it’s art.

I do really think myself er porning people wecreatively talk aboutand I it isit’s art, because I’m the expressget criticized for “film” it like art.

I do really think ing myself creatively andbecause I it is art,aspects, becauseand I’mmostly expresscriticized “fiIlm” my goal isfor to the evoke a very ing get myself creatively and and mostly because specifi c “lustful” response get aspects, criticized for the “film” my from goal toviewer evoke a very said the (easier aspects, andis mostly because “lustful” than done). the my specifi goal iscto evokeAtaresponse verysame time, from thenot viewer said I I try to response be(easier delusional. specifi c “lustful” than done).

At the same time, know I’m (easier not Alfred from the viewer saidHitchcock I try not to be (who would have had than done).

At thedelusional. same time,aI great I’m not Alfred name... justHitchcock say’n).

I tryknow notporn to be delusional.

I (who haveHitchcock had a great know I’mwould not Alfred porn name... just say’n). (who would have had a great porn name... just say’n).

I have a “normal” girlfriend now. We met in AA. Oh yeah, I’m celebrating 14 in recovery this Thursday :) I have She a “normal” girlfriend now.

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Theamargins get helps me aa lot with the I hired CFO and he tricky math.

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Most do break even in a 2 weeks though.

I just started my proI just12 started myago production months I just started myago production 12 months and my company made duction 12 The months and my company over $150000. fimade rst ago and$150000. myI really company over The fimade rst 6 months didn’t over $150000.

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I used to get paid selling $3000 per scene and I did one scene...Producing my gay ownsex porn is adult another ago. A LOT has changed inand just a couple years in the filmstory. every couple months. Now the going rate is more like $500 per industry. I used to get paid $3000 per gay sex scene and I did one scene...Producing and selling my own porn is another story. every couple months. Now the going rate is more like $500 per scene...Producing and selling my own porn is another story.

The rest went to models, costumes, cameras, comThean rest went to models, puters, accountant and costumes, cameras, comother stuff.

I brought on The rest went to models, puters, an accountant and a partner to be a CFO (Im costumes, cameras, other stuff.

I brought on comnot so good with money) puters, an accountant partner to to begrow a CFO (Im and and ahave plans other stuff.

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The sky is the my production a lot in the guess it’s like any other limitI if you work hard and next few months. sky is the staybusiness. creative. The it’s like any other limitI guess if you work hard and business.

The sky is the stay creative. limit if you work hard and stay creative.

Page 37

INTE WITH A CYBER PROST IN TSO In the following interview, notorious sim Evangeline goes back to her early days in Alphaville, and claims to have worked as a cyber-prostitute and then to have been a madam for various cyber-brothels under the guise of her sims Roxy, Tori, Fanki and then Dorian Merrill, claiming that at times she made the equivalent of $50 US per trick from her customers. She claims to still being a minor and hints that some of her customers have been Maxis employees. She discusses the conflagration with Mia Wallace, and claims to have guessed Mia’s password and trashed her property and account. Finally she discusses her current policy of newbie-humiliation on her Free Money for Newbies property, currently number 1 in Alphaville’s welcome category. In particular, she discusses her new game of locking newbies “in the freezer” and “caging” dark skinned avatars and calling them “monkeys” and also calling them “ugly” because one can’t see their eyes. [angry editorial aside, apparently Maxis believes all this is consistent with the user agreement ? whatever you do Van, don’t commit a real crime like mentioning the Alphaville Herald in game!!! –Uri] Oh, and did I add that Maxis DOES permit Evangeline to advertise a link to her We Love Newbies website, which advertised money trades?

Page 38

ERVIEW A CHILD RTITUTE

by Alphaville Herald on 08/12/03 at 6:00 pm AV = Alphaville. Alphaville is the largest residential city to choose from in The Sims Online. It is one of 12 major cities in the game. It is notable, as it is the largest city in the game.

FF = Fancy Fields. Fancy Fields is one of the cities to choose from in The Sims Online.

The Sims Online (also known as EA-Land) was the first massively multiplayer online variation on Maxisâ&#x20AC;&#x2122;s highly popular computer game The Sims, the second being the Online Weekend mode for The Sims Bustin Out, and third being The Sims Social. It was published by Electronic Arts and released on December 17, 2002 for Microsoft Windows. In March 2007, EA announced that the product would be re-branded as EALand and major enhancements would be made. About a year later, EA announced that the game would shut down all activity on August 1, 2008. The next online games in the series are MySims (PC version only) followed by The Sims Social for Facebook.

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i never was a skill person. i needed money. why skill when you can to keep food on the plate

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sex sells and it was my goal to create the

Who knew all this would come from

video games I’ve been buying and selling WoW accounts for nearly 6 years now. I started out when I was only 13 years old (now 19). To obtain my first account to resell, I had to mow lawns for about 2 months to get $300. I took that $300 and made my first “flip” on an account, and now I’m buying/selling accounts full time. So far I make about $2,000-$6,000 a week depending on how good the week is.

My full website is launching in The highest number I’ve ever sold an account for is $6,500, and I’ve May which I exsold some of the best accounts pect will help in WoW. Even some of Blood double sales. I honestly see myLegion’s characters are only worth $2000-$3000 or so. self doing this for the rest of my life, as I love dealing with video games.

Because I specialize in really the best accounts in the world, I’ve had some “famous” clientele. A “celebrity”, multiple sheikhs, in WOTLK I was the official supplier for the entire AlThani Family (The ruling family of Qatar), etc. I have plenty of interesting stories to tell about my buyers, or even interesting stories about some accounts I’ve purchased and things I’ve had to do to get them.

I have only completed 12 years of school, a highschool diploma is as far as my education goes. Though I wish to attend higher schooling (college) asap.

Besides working I work out, play football on the weekends, spend a lot of time with my girlfriend, read books/newspaper, invest in the stock market, and I love watching TV shows. My favorite right now is game of thrones and mad men.

I don’t think I can ever get a proper job unless its something like corporate management of a large company that pays well over 100k a year. I really wish to be my own boss for the rest of my life, and I’m always looking to start another start up, possibly game related. What I am doing right now is really just building a nice savings account so that I can have more freedom to do whatever I want.

My friends are very jealous and always call me the next mark zuckerberg lol My girlfriend hates it because I work a lot of hours and often times can’t talk to her at all while I’m workPage 42

ing. My parents are envious and ask me for hand outs all the time.

I moved out and bought an awesome pad when I was still in high school, and now I invest most of my money in the stock market to grow my portfolio.

Trust me though, I have made my fair share of stupid impulse buys. Lets see, I bought a brand new challenger last month for nearly 40 grand cash even though I know its going to diminish in value quite quickly, and on Sunday I bought an iPad just because I was at Target and felt like getting one lol.

I definitely feel I’m better off than most americans these days. I can buy basically anything I want to an extent, and I have been making more money than my parent’s since I was 17. Sometimes I feel bad to see my friends from highschool working manual labor jobs 10 hours a day and coming home with about $60-$70 after taxes from a full day’s work. When I just brought in $1000 from one account selling that same day.

My business model is a bit different than my competitors, which is also why I get the best accounts.

You see most “resellers” buy accounts cheaper, and sell them higher. Aka Lowball the seller, and take as much as they can.

Instead I operate as a more personal account provider. Basically when someone comes to me, they know they’re coming for the best of everything. I have the best security, the best warranty, the best addon services, etc. I provide a lot of extras that no one else in the I have a TON of gamer contacts business can. So I make money on that refer toons over to me the services I provide to the buyer to buy. I offer a great referral of the account, not on the account program, basically award anyone $100-$200 just to refer itself. Meaning the sellers are hapan account to me to buy. py they’re getting full price for the toon, and my buyers get a lot more for their money. Here’s some examples of what my extras are 1) I am the only seller to offer a lifetime recall guarantee.

I have good enough security to offer this to my buyers. Mean-

ing if the account is recalled, they get their money back in full. I can’t tell you how big recalls are in this industry, and this protection is HUGE. 2) I offer Hacker Protection and Support. Meaning if the buyer gets the account hacked, I can recover and secure it for them.

3) I Offer Character Resale Assistance. Say they get bored of the character, instead of just having them sell it back to me, I sell it on the market for them. Often times getting my buyers more money than they paid, or at the very least the same amount they paid. Also I offer to sell and secure any characters they have that they no longer want.

4) For $500 they can have the account put in their name. This is also HUGE. I have a method I have worked out myself, and I am the only person in the world who offers this service (besides the one other website I have licensed it to).

Right now its a full time job, but when my website launches I plan to hire a bit more help and then go back to school so that I can get my degree whilst making good money from upper management of my own business. Less day to day essentially. I’ve been training my “replacement” so to speak and he’s set to move out to California and move in with me in September.

I’d say about a solid 40-50 hours a week, granted again a lot of those hours aren’t straight work. I may be “working”, but working can sometimes entail sitting in my room watching game of thrones while I wait for people to message me. Or on hold with blizzard while I play a game of League.

I can’t speak for the wholesalers, but the accounts I sell are from pure 100% USDA-approved Americans :) haha. Really though, the accounts I sell are of a certain quality, they aren’t just your typical chinese farmer account. They generally have over 10,000 achievements, top level gear, etc. A sweatshop wouldn’t be doing something like this.

Sadly there’s no price list we can look at that tells us what adds value to an account and what doesn’t. Really if an account is good as a whole its going to sell. What it sells for is really up to the seller. Its all about how well you market it to the buyer(s), and if you can sell them on it at the value you’ve set.

Official Blizzard Policy is to NEVER change the name on an account, only for special circumstances. And it always requires a supervisor to sign off on it. I can assure you changing the

name on an account is not as simple as just blinding faxing an ID scan to them lol. It is quite difficult and takes quite a bit of work out of my part to get done.

(Forms, special departments, multiple calls) I have in fact created the method, and it is no exploitation. It isn’t a glitch in the system or anything and does involve blizzard greatly.

I can’t give away much other than the fact that I usually have 2-3 name change orders a week.

I was at Blizzcon this past year at the Curse After Party handing my business card around like crazy. I talked to Blizzard devs and other staff and they all thought it was awesome.

No one had a problem with it, it seemed perfectly acceptable.

We make money with the game despite however we do it. I know I’m sure I have sold a stolen account, though I do take every to you guys the typical wow au- step I can to make sure its not dience, you see that its against stolen. Basically the only way to the EULA and you think its ille- sell an account to me is to prove the original owner by gal. Breaking an EULA is against you’re scanning your driver’s license. a game’s policy, and technically I Though people have tried to give shouldn’t be allowed to play the me fake ID’s all the time, I can game after I’ve broken it. But re- usually point them out. ally thats as far as it goes. You say I’m selling blizzard’s property, I say I’m selling the time invested in Blizzard’s property.

What I do isn’t hurting anyone, or the game itself. Most of the people who buy accounts from me succeed in real life (make good money), but the trade off is they don’t have enough time to play the game as much as they’d like to. So they can’t succeed as much as they want to ingame, so they cut corners where they can. This brings up a whole ‘nother argument in itself, but I’ll leave it here ;)

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The Sensible Chic Classic Living Room Set in Black 800 ACD ($2,39)

Honestly I don’t think I would be the company they would be going after. I sell a small volume of accounts at a high value. Whereas there’s companies such as www.toonstorm.com, www.ige.com, and countless others that have been selling characters for years at high volume, making me a small time account seller in comparison.

For planning on my business model surviving if WoW were to die out, yes I would happily switch over to a new MMO if one were out. As I said earlier, luckily I am “The ToonVendor” not the “WoW Vendor”. I know I will be on the fore-front of any major MMO that is actually good enough to properly compete with WoW for its audience. It would take at least a year or so to establish itself enough for me to make a switch, but I am ALWAYS very cautious of market conditions so I know when something like this is going to happen ahead of time.

838,85g (WoW Gold) For Thaurissan US – Horde Page 43

The Million Dollar Homepage

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1,000,000 pixels – $1 per pixel – Own a piece of internet history!

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At the end, before Black Friday – the level at the online tables at any stake you could actually make a living from was generally swimming with regulars with enough fish to make the game profitable for a few players. Especially for players like myself, who specialized in multi-table tournaments and sit-n-goes, you aren’t going to get the volume you need to make a living without a significantly higher bankroll risk. I’m not worried about the level of play in any game, I’m confident I’ll be either the best or second-best player in any game I sit down at... but the poker players that make money are generally a lot more risk-adverse.

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playing, I’m

to

When we were playing in the “boom” time, and especially after UIGEA (Unlawful Internet Gambling Enforcement Act) – we always knew the bubble would burst. There are places now that are technically legit and operating within legal parameters, but its a slippery slope.

If I’m

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playing

win.

There’s a lot of things that can put you on “tilt” in poker. The best players just avoid it as much as possible. Certainly, there are times where emotions can become far too much involved. I was just always a good one to be able to turn off the games when I could feel myself playing like a twat.

Poker, as opposed to what the MIT blackjack team dead, is an exercise in patience, and using long-run patience and smarts to achieve the highest monetary gain over time. Those guys were trying to hit big and fly away.

While I won’t say there aren’t parallels, there was certainly never anytime after I became a professional where I ever had more than like 3% of my bankroll riding on the outcome of any one action.

I had a 27% rakeback deal for my FTP play, but I did not have rakeback on Pokerstars. I got a few merchandise things near the end, but I used almost all my FPP on events or cash bonuses, and I was SuperNova once after those levels were brought about.

They say a solid ROI at trading is 17%... my ROI hovered around the 40% mark. Plus, I know nothing really about the market, other than a few stock market games we used to mess with in our off time from play as little prop bets and stuff like that.

I always set aside days to myself, as a “weekend.” I would say I averaged between 60 and 80 hours a week at peak times. Especially on long MTT days, you could be there 16 hours.

I could actually play 30 games without feeling like a complete degenerate at certain levels.

Absolutely it is stressful! But yes, you do en-

My favorite type of poker was undoubtedly Razz. My most dominant game would definitely be Pot-Limit Holdem, with No-Limit Holdem a close-second, but I was also a very accomplished Omaha-8 and Stud-8 player.

I played from a very young age, and I fell in love with the game from the start... poker, more than many things, is one of those things you will just never stop learning about, especially if you want to be good at it. A minute to learn, a lifetime to master.

I don’t really play “casually” ever... I mean, sure – there are times I play with friends, but poker is poker. If I’m playing, I’m playing to win. My brain doesn’t work any other way.

Not to sound like I’m some guy who can’t loosen up and chill and enjoy a game of poker with friends – but I’ve played so many hands there isn’t any difference between how I’m going to play between a high-level game online and how I’m gonna play for a few bucks between friends.

I lied here, a little. When I play my real FRIENDS – they know what I used to do for a living, so I get away with ridiculous re-raises, check-raises, stone cold bluffs, and things of that nature strictly off reputation.

Many people on my Facebook have always wondered why I am so active in working towards poker legislation, and I tell them I lost an easy six-figure yearly earning potential without leaving my house.

I also had offers on the table to move to two other countries, one being Canada, and one being The Netherlands, to continue my online playing career. A desire not to uproot from family or friends, PLUS logistics made those lesser options for the time being. I know players who did make the overseas jump though, with mixed results.

Now I serve tables at a very classy Italian restaurant. I had been in the service industry on many different levels before my playing career, and an easy opportunity with people I liked presented itself. It’s still no fun, considering I used to be able to work in my underwear every day if I wanted.

“How do you get a professional poker player off your doorstep? Pay him for the pizza.”

United States v. Scheinberg, 10 Cr. 336 (2011), is a United States federal criminal case against the founders of the three largest online poker companies, PokerStars, Full Tilt Poker and Cereus (Absolute Poker/Ultimatebet), and a handful of their associates, which alleges that the defendants violated the Unlawful Internet Gambling Enforcement Act (UIGEA) and engaged in bank fraud and money laundering in order to process transfers to and from their customers. A companion civil case, United States v. PokerStars, et al., 11 Civ. 2564 (2011), includes Full Tilt and Cereus as defendants and seeks the forfeiture of approximately $3 billion in assets belonging to the companies. After the indictment was unsealed on April 15, 2011, a date quickly dubbed Black Friday by the online poker community,[4][5] PokerStars and Full Tilt stopped offering real money play to their United States customers

Rakeback is a player rewards method that began in 2004, whereby some online poker sites or their affiliate partners return part of the rake or tournament entries a player pays as an incentive for them to continue playing on that site.

If you consistently make the best decision you can make, the luck will balance out over the long run. You’ve got to learn that beats are part of poker and keep playing your game at all times.

There isn’t a “better” decision that you can make that will affect the luck of the cards, you’ve just got to consistently put yourself in the best position you can, and you will succeed.

I was mainly a tournament player, specializing in multi-table sit-n-goes and multitable scheduled events... my yearly earnings generally were six figures, with a high five figure year having been my smallest year.

I played for my expenses, mainly – and I also have house payments (plural) as I support my mother.

Multiple nice cars, insurance, and living a nice lifestyle will run through money very fast.

As I said, I had a year’s expenses in reserve for when the bubble burst. I never expected a situation to where I wouldn’t be compensated if they were busted by the US Government.

Once the money was out of the poker site, it was spent... I lived life. :) I had great bankroll management in the game, in life – not so much. While I had a “safe fund” none of us ever really thought it would end, and we were told to expect around 18 months even if it did when UIGEA first dropped.

joy it still. I worked from a home office, and if I woke up with a headache, I called in to myself.

If I wanted to play one set of tournaments, and then go out for the evening, I could. At that level, it’s still WORK, and hard work at that.

Most people don’t have to study for their jobs.

I’ve probably read every decent poker book released in the past 30 years, and most of them to where their covers wore off. Coaching is/was prevalent all over the internet at the end, with high-end coaches being able to realistically stop playing entirely and support a lifestyle strictly from coaching.

I did use pretty much all of the major software utilities at one time or another. PokerTracker, HEM, TableNinja, Poker Stove, you name it – I used it. Pretty much absolutely essential when you are actively playing, especially TableNinja for a massive multitabler.

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I was a professional online poker player, in the United States, who has been out of the game due to US regulations for nearly a year and a half now.

I played on all major sites, have been through all of the scandals, and have played against some of the best in the world.

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I am still waiting to collect over $14,000 from Full Tilt Poker, that kept me from playing live poker and having to get a real job – so for me, the risk is not worth playing right now.

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As with every answer in poker: it depends.

Let’s take the case of what I will call the “Typical Grinder.” This is by far the most average estimate of the earn that those who actually CAN beat online poker will be making.

This is a guy who is playing competitively.

Let’s assume that he is playing No Limit Texas Holdem at “6-Max” tables. This just means that no more than 6 people can be sitting at the table at a time. Oftentimes, a professional player will be playing upwards of 4 tables at once to maximize their hourly earn.

Hourly earn is determined by Big Bets per 100 hands. So, if you are playing a $100 buyin table that goes through 100 hands an hour, and you are winning at 2BB/100, your hourly earn would be equivalent to $4/hr.

One big bet = two big blinds.

We’ll assume he is playing tables with a $200 buyin. These tables typically play at about 100 hands/hr, and the average grinder will be playing around 6. A very typical winrate per 100 hands is around 2BB/100, or $8/hr per table. This is a post-rake figure. At six tables, this comes out to $48/hr.

Most serious players have something called “rakeback,” which is a clever business model that poker affiliates have created. Rake as you probably know is the amount of money the poker sites remove from each pot - it’s how they get paid.

Rakeback essentially gives you a percentage of your total rake back every month.

An average figure for this is about 25%.

If we assume our hypothetical player plays 5 days a week at six hours a day then our player will have made around $1440/week, or ~$75,000 a year. Add in rakeback for all of the year’s rake and you have another $30,000, bringing the total to $115,000.

Depending on how you file taxes, you’ll be in a variety of tax brackets based on

professional or hobbyist status. In addition, because of the luck element in poker, the concept of variance plays very heavily into the lives of professional players.

It’s entirely possible to run VASTLY below expected value and VASTLY ahead of expected value. In addition, where most people may thing that losing a lot of all-ins with AA is an obvious form of variance affecting you in a negative way, there are many more subtle manifestations that can never be fully discovered.

I want to stress that the “average” player is not playing anywhere near this amount of hours in a year. In my experience, the typical poker player who can win and plays at medium to low stakes is somewhat lazy and doesn’t take full advantage of the skillset he’s trained himself in. Thus, you see a lot of these players waste a bunch of their time.

All of these figures are as average as I could possibly make them. Here’s a list of some factors that will affect these: 1. Your propensity for emotional instability (also known as tilting) 2. Your ability to play 6h/day without losing your competitive edge 3. Your ability to focus on higher/lower amounts of tables 4. Your progression vs. the field Staying at the same level of skill = losing, because the field as a whole is improving on average.

5. The stakes you play Both moving up or down in stakes could make you more or less money - move up and keep same winrate = win more, drop winrate by more than 50% = win less, corollary applies to moving down.

6. Rakeback percentage - even a small % change can add or subtract a few thousand dollars.

7. Consistency - can you play consistently throughout the year, with optimal mental sharpness?

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In 2008, UltimateBet became embroiled in a similar scandal, with former employees accused of using a software backdoor to see opponents’ cards.

UltimateBet confirmed the allegations on May 29. The Kahnawake Gaming Commission announced sanctions against UltimateBet as a result.

Kevin Espiritu, Played online professionally for ~4 years

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How much can a competitive online poker player make?

Perhaps the first known major case came to light in October 2007, when Absolute Poker acknowledged that its integrity had been breached by an employee, who had been able to play at high stakes while viewing his opponents’ hidden “hole” cards. The cheating was first brought to light by the efforts of players, whose saved histories of play showed the employee was playing as only someone who could see their opponents’ cards could.

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Insider cheating can occur when a person with trusted access to the system (e.g. an employee of the poker room) uses his position to play poker himself with an unfair advantage. This could be done without the knowledge of the site managers.

EDIT: I’ve just realised how many people are going to say how disgusting I am, how reprehensible my actions were and so on. I realise this. I understand what I did was morally unforgivable. I snatched bags from old women too. I stole money from my brother.

I have to live with all these things. I’m working through it in a support group. I was in a terrible place, I feared for my well-being. I had nobody and didn’t see any other options.

Would I do it again? No, absolutely not. But I can’t go back in time. I’m sorry.

tararabbit111279 3 Punkte 3 Jahre zuvor It’s addiction. Same as drugs or alcohol.

Something snaps in people’s brains where they know they are complete and total douches, but they can’t change their behavior. Want to do the right thing? Sell your body and pay your ex-gf back every cent she hooked for you (and do it without lube).

EDIT: Lot’s of posts about how I need to ‘pay’ for my wrongs. I know that. I’m attending support every week, I’m helping people in similar situations and believe it or not people have done worse than I have. I’ve been giving every dime I can afford to either my ex and her family or to problem gambling charities. I’m saving money to take a course which will help me work part time with a gambling support organisation. I’ve contributed over 200 posts to a forum that deals exclusively with problem gambling. I’ve accepted my mistakes. I’ve found therapy for my girlfriend and am willing to give her anything she needs in support of this.

There isn’t one packof cards in my house. I don’t drink or take drugs. I don’t go to bars to pick up women. I’ve lost the woman I am deeply in love with and several friends. My brother no longer speaks to me. What more can I offer?

Enough of this “I hope you get hurt, raped, pimped, killed bullshit.” You have no idea the personal pain I’ve suffered with this. It’s no excuse, but I’m doing more than you can imagine to repay my debt.

Fuck you if that isn’t enough, you don’t know me, you can never understand where I was at that time in my life. I wasn’t thinking with love or rationale.

imdk: Why didn’t you hooker yourself for old gay guys instead? I know this might just be a stereotype but rumor has it they pay well. renasissance_loser: Yeah, for skinny twinks.

I’m 6’2, 168 pounds. I didn’t because I couldn’t, that’s the answer. I’m assuming - I don’t think I could have made enough money in the time the bookie gave me. My girlfriend made huge bucks at the hotel.

TheSeeker00: So basically, you talked your girlfriend into ruining her life because you were too big of a pussy to do something about it yourself? Shit, I would sell drugs or about a thousand other illegal and immoral things before I would push that shit off onto a loved one like that.

You, sir, are going to have to spend the rest of your life trying to make up for that bad karma. How you plan on going about doing that?

I blew over $30,000 playing internet poker and then asked my girlfriend to sell her body to pay for debt.

AMA

renasissance_loser: I’ll do everything I can, personally. I’m currently working with my support group and hopefully will become a part time volunteer within their organisation. I now have a full time job and 30% of my wage has been going to her/her parents. I’m tee total. I can’t give anything more at the moment.

People become born again Christians, say God saved them, forgiven them and people find that socially acceptable. I’m trying to find redemption on my own. Seek forgiveness without religion and I get bullshit for it.

K

q

Two years ago I started playing poker at my buddys house before buying several books on the subject and playing online. I made about $400 profit in the first month before dropping down to minus $1000 in the second. After about 6 months I had lost about $5000 of college/rent/food money. I began sports betting in a desperate attempt to win the money back but lost even more.

In November last year I had maxxed my overdraft, credit card and owed loan payments to my bookie and bank. I admitted I had a problem to my girlfriend but couldn’t bare to tell her how badly my situation was. Her parents gave me $5,000 to pay for my most serious debts. I gave $3,000 to my bookie, $500 to my landlord, $1,000 to my bank and sadly played cards with the rest. I then started to shoplift, bag snatch and steal from loved ones to play more and to cover debit card charges.

Two months ago my computer, TV, car, xbox, weights and stereo system was seized to pay for debts I owed and I finally came clean to my girlfriend about the extent of my problem.

I begged her not to tell her parents and she agreed. She was working in an expensive hotel bar at the time and she had joked about how often sleazy guys would offer to pay her for sex. I brought it up and begged her to do it so I could pay the bookies I owed and she, after many tears, agreed. She did it 11 times to pay about 75% of the debt I owed before the hotel found out and fired her. She slept with one of the guys she met another several times to pay the rest off.

I never played poker again and now go to a secular gamblers support group. Yesterday I broke up with my girlfriend. We was together for 4 years. AMA.

q

K

gsadamb: Guys can sell their bodies too, y’know. thisusernametakentoo: Seriously...why wouldn’t you have sucked dick or something instead of whoring out your lady? Durty_G35: Agreed......you shoulda sucked some dick rather than whore out your girlfriend.

Google has acquired over 100 companies, with its largest acquisition being the purchase of Motorola Mobility, a mobile device manufacturing company, for $12.5 billion. Most of the firms acquired by Google are based in the United States, and, in turn, most of these are based in or around the San Francisco Bay Area. To date, Google has divested itself of three business units: Frommers, which was sold back to Arthur FromPage 50

Following the acquisition of Israel-based startup Waze in June 2013, Google submitted a “10-Q” filing with the Securities Exchange Commission (SEC) that revealed that the corporation spent US$1.3 billion on acquisitions during the first half of 2013, with US$ 966 million of that total going to Waze.

Nest Labs

Many Google products originated as services provided by companies that Google has since acquired. For example, Google’s first acquisition was the Usenet company Deja News, and its services became Google Groups. Similarly, Google acquired Dodgeball, a social networking service company, and eventually replaced it with Google Latitude. Other acquisitions include web application company JotSpot, which became Google Sites; Voice over IP company GrandCentral, which became Google Voice; and video hosting service company Next New Networks, which became YouTube Next Lab and Audience Development Group.

Google X:11

$

$ 3,200,000,000

The table below is an incomplete list of acquisitions, with each acquisition listed being for the respective company in its entirety, unless otherwise specified. The acquisition date listed is the date of the agreement between Google and the acquisition subject.

The price of each acquisition is listed in US dollars because Google is headquartered in the United States. If the price of an acquisition is unlisted, then it is undisclosed. If the Google service that is derived from the acquired company is known, then it is also listed here.

Google+:9

mer in April 2012; SketchUp, which was sold to Trimble in April 2012; and Google Radio Automation, which was sold to WideOrbit in 2009.

Google Maps:8

Google is a computer software and a web search engine company that has been acquiring, on average, more than one company per week since 2010.

YouTube:8

Box in the centre Random facts about the most interesting mergers and acquisitions

2010 Jambool $70,000,000, 2010 Plannr, 2013 Autofuss, 2013 Boston Dynamics, 2013 Bot & Dolly, 2010 Slide.com $228,000,000, 2013 DNNresearch Inc., 2013 Flutter $40,000,000, 2010 SocialDeck, Inc., 2011 Fridge, 2013 Holomni, 2013 Industrial Perception, 2011 Katango, 2011 SocialGrapple, 2013 Makani Power, 2013 Meka Robotics, 2012 Milk, Inc 2012 Wildfire 2013 Redwood Robotics, 2013 Schaft.inc Interactive $450,000,000

Yellow color in the pie chart segment Segment that’s named after a company Google bought for this segment

2004 Keyhole, Inc, 2004 Where2, 2004 ZipDash, 2006 Endoxon $28,000,000, 2007 ImageAmerica, 2010 Quiksee $10,000,000, 2011 Zagat $151,000,000, 2013 Waze $966,000,000

Pie chart in the background How many companies Google bought in each segment

2005 Android $50,000,000, 2005 Skia, 2007 PeakStream, 2010 Agnilux, 2010 BlindType, 2010 BumpTop $30,000,000, 2010 LabPixies, 2010 Simplify Media, 2010 Zetawire, 2011 Clever Sense, 2011 Motorola

2006 YouTube $1,650,000,000, 2008 Omnisio $15,000,000, 2009 On2 $133,000,000, 2010 Episodic, 2011 fflick $10,000,000, 2011 Green Parrot Pictures, 2011 Next New Networks, 2011 RightsFlow

List of mergers and acquisitions

by Google

Yo Tub Google Docs:7

2006 2Web Technologies, 2006 Upstartle, 2007 Tonic Systems, 2007 Zenter, 2009 AppJet, 2010 DocVerse $25,000,000, 2012 Quickoffice

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2010 Aardvark 50,000,000

FeedBurner:1

Mobility $12,500,000,000, 2011 PittPatt, 2011 TalkBin, 2012 BufferBox $17,000,000, 2012 Nik Software, Inc., 2012 Viewdle $45,000,000, 2012 WIMM Labs, 2013 Bump, 2013 FlexyCore $23,000,000, 2013 Flutter $40,000,000, 2014 Bitspin

Google A

Aardvark:1

$12.5 Android:21

Google’s ownership of Motorola would be short-lived, as the company announced on January 29, 2014 that it would sell most of Motorola Mobility to Chinese personal computer maker Lenovo for $2.91 billion.

Waze

On June 3, 2007, FeedBurner was acquired by Google Inc., for a rumored price of $100 million. One month later, two of their popular “Pro” services (MyBrand and TotalStats) were made free to all users. On May 26, 2011, Google announced that the FeedBurner APIs were deprecated. Google shut down the APIs on October 20, 2012. Google “retired” AdSense for Feeds on October 2, 2012 and shut it down on December 3, 2012.

Android

ou $ 1,650,000,000 be YouTube is a video-sharing website, created by three former PayPal employees in February 2005 and owned by Google since late 2006

BeatThatQuote.com was a British price comparison site specialising in personal finance products. In the financial year 2006 to 2007 the company posted revenues of £7.8 million. BeatThatQuote.com was penalised

by Google for search engine spamming the day after it acquired it.

$ 37,700,000

Google Offers:6

AdSense:6

2004 Keyhole, Inc, 2003 Applied 2004 Where2, Semantics 2004 ZipDash, $102,000,000, 2006 Endoxon 2003 Sprinks $28,000,000, 2006 dMarc Broad2007 ImageAmerica, casting $102,000,000, 2010 Quiksee 2007 Adscape $10,000,000, $23,000,000, 2011 Zagat 2007 DoubleClick $151,000,000, $3,100,000,000, 2013 Waze 2009 Teracent, $966,000,000 2014 spider.io

BeatThatQuote.com

Google Mobile:5 2005 allPAY GmbH, 2005 bruNET GmbH, 2005 Reqwireless, 2007 Jaiku 2007 ingku

Google:5

2011 PushLife 25.000.000, 2010 Ruba.com, 2011 Zynamics, 2011 PostRank, 2012 VirusTotal.com

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Waze is a GPS-based geographical navigation application program for smartphones with GPS support and display screens which provides turn-by-turn information and user-submitted travel times and route details. It was developed by the Israeli start-up Waze Mobile, which was acquired by Google in 2013.

Google acquired Android Inc. on August 17, 2005. Many assumed that Google was planning to enter the mobile phone market with this move.

Motorola Mobility

Google, the lead developer of Android itself, announced in August 2011 that it would acquire Motorola Mobility for US$12.5 billion, subject to regulatory approval. The deal closed in May 2012.

The company introduced their first product, the Nest Learning Thermostat, in 2011. In October 2013, Nest Labs announced the Nest Protect smoke and carbon monoxide detector. On January 13, 2014, Google announced plans to acquire Nest Labs for US$3.2 billion and leaves Nest Labs to use its own brand.

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I am a person who sends “spam” email for a living.

I send bulk e-mail for a living. I do it legally while obeying all the requirements of the CAN-SPAM act. It isn’t me who sends you viagra emails or nigerian scams or anything... but if you get e-mail regarding free giftcards, ringtones, debt relief, dating sites... it might have been me. Ask me anything.

I have a various lists, and I don’t send from all of them every day. Each list has between 2 million and 9 million e-mails. I send maybe 50 million emails a day. I get paid when the user opens the email, clicks on the link, and fills out the first page.

Each time they do that, I make between $1 and $5. For things like dating sites, I usually get paid when they actually sign up to the dating site.

Giftcards convert at about 20-40% (percentage of clickers who fill out the form), generally if it comes out to 1530 cents per click I’m happy. Otherwise I’ll try another offer.

Dating offers get a lot more clicks than giftcards, but they convert less. They pay more, but it usually comes down to 5 cents per click... but its not so bad because you get a ton of clicks, I imagine mostly lonely men, but I haven’t done any statistics on it or anything.

I’d consider a good day $1500 to $2000, a bad day is $500. Expenses aren’t more than 5000/month, so profit is pretty good.

I only have your email address because you signed up for something and checked a “i want advertisements” checkbox. I don’t actively try to evade spam filters, but sometimes they just don’t work and I get into the inbox... in which case, I can get 15k/day for a few days and then residuals slowly start dying off over a week until I’m back to normal. The year’s not over yet, but I’m estimating (after expenses are taken out) 450k profit.

But I’ve had a few good months this year.

I spend a lot of time improving the software, it’s actually most of my day. It works great now, but I want to stay ahead of the curve. I’m working on IPv6 support now, once these mx servers get ipv6 addresses I want to be one of the first people using them. I don’t think many spam filters will be prepared. Setting up the day’s campaigns doesn’t take more than 10 minutes. But things can get time consuming when you need to change domains or IPs. I tell people that I’m a programmer. It’s technically true, as I program the software that sends the e-mail, and license it to other marketers.

People that are close to me, such as really good friends and some family, know what I do. But after a while having to explain things gets old, and some people act differently when they know you must make quite a bit of money. Then Page 52

you get people who want you t o hel p t hem get st art ed (which I actually did once, and regret).

I deliver close to 100% because I pretty much exclusively send to the big companies (hotmail, aol, gmail, etc.).

For a $2 payout, I’d send 50 million and get 5000 to 10000 clicks. They usually convert at about 15-30%. I don’t think of it in terms of dollars per e-mail sent, but rather dollars per click, and I do what I can to get as many clicks as possible.

Well just to be clear, I’m completely against spyware, viruses, and all that stuff... I have parents too and I’m the one who gets to clean up the mess because they wanted a free screensaver.

I really don’t think I’m doing anything that bad.

When someone clicks my unsubscribe button, I never e-mail them again. 95% of all of my e-mail ends up in the user’s “junk” box anyways. So I’m really only making money off of people who open their junk box, see my offer, find interest in it and click on it, see the page it takes them to and decide they want it enough to fill out the form.

I don’t understand why someone would get pissed off. I’ve only been doing this for 5 years or so, before that I was getting junk mail too... it never pissed me off. What really pisses me off is getting postal mail for coupons and credit card offers... I have to actually do work as a result of those. But my stuff, you’ll probably never even see it. If you see it, you’re looking for junk mail (by going into your junk box).

As for spam filters and stuff, you’re welcome, spam filter company. I don’t want them to go out of business (well, I sorta do... but you know what I mean).

How to get into this: Buy a good list, will probably cost you $10,000 to $30,000. Definitely pay to have it cleaned. Buy servers. Find or make software that will send the e-mail for you. Buy servers to run it all on.

And pay for bandwidth (at least 50 mbps on the 95th, but that’s pretty slow). You’ll also need a lot of domains and IPs. Your IPs will go bad quick, so you need a way to continuously get fresh IPs so you don’t get blocked. Find a good affiliate network who will actually pay you, and won’t boot you at the first sign of trouble.. It’s not a cheap thing to get into, and it’s not all fun and games... it can be hard work.

Making Money Online March 2014

By REUTERS on 2005-12-31 10:57

CASH POURS IN FOR STUDENT WITH $1M WEB IDEA If you have an envious streak, you probably shouldn’t read this.

Because chances are, Alex Tew, a 21-year-old student from a small town in England, is cleverer than you. And he is proving it by earning a cool million dollars in four months on the Internet.

Selling porn? Dealing prescription drugs? Nope. All he sells are pixels, the tiny dots on the screen that appear when you call up his home page.

He had the brainstorm for his million dollar home page, called, logically enough, www.milliondollarhomepage.com, while lying in bed thinking out how he would pay for university.

The idea: turn his home page into a billboard made up of a million dots, and sell them for a dollar a dot to anyone who wants to put up their logo. A 10 by 10 dot square, roughly the size of a letter of type, costs $100.

He sold a few to his brothers and some friends, and when he had made $1,000, he issued a press release.

That was picked up by the news media, spread around the Internet, and soon advertisers for everything from dating sites to casinos to real

Million Dollar Website – Summly – Bitcoin Gambling

estate agents to The Times of London were putting up real cash for pixels, with links to their own sites.

So far they have bought up 911,800 pixels. Tew’s home page now looks like an online Times Square, festooned with a multicolored confetti of ads.

“All the money’s kind of sitting in a bank account,” Tew told Reuters from his home in Wiltshire, southwest England. “I’ve treated myself to a car. I’ve only just passed my driving test so I’ve bought myself a little black mini.”

The site features testimonials from advertisers, some of whom bought spots as a lark, only to discover that they were receiving actual valuable Web hits for a fraction of the cost of traditional Internet advertising.

Meanwhile Tew has had to juggle running the site with his first term at university, where he is studying business.

“It’s been quite a difficulty trying to balance going to lectures and doing the site,” he said.

But he may not have to study for long. Job offers have been coming in from Internet companies impressed by a young man who managed to figure out an original way to make money online.

“I didn’t expect it to happen like that,” Tew said. “To have the job offers and approaches from investors – the whole thing is kind of surreal.

I’m still in a state of disbelief.”

The story continues on page 44

SUMMLY’S 17-YEAR-OLD FOUNDER BECOMES A MILLIONAIRE Nick D’Aloisio became a millionaire at 17 after selling Yahoo! Inc. (YHOO) on a mobile-phone application he devised two years ago at his home in London.

The biggest U.S. Web portal said yesterday that it’s buying Summly, an app that makes it easier to read online news on small screens, without disclosing financial terms. Yahoo is paying $30 million, a person familiar with the transaction said.

It’s the type of entrepreneurmakes-good story that has fueled

the aspirations of a generation of engineers toiling in garages and workshops in hopes of finding financial backing or a buyer for a new program or gadget. Few fare as well as D’Aloisio, who has been making applications for handsets since he was 12 and will join Yahoo along with some members of his team. He met Yahoo Chief Executive Officer Marissa Mayer in 2012 and counts her among his influencers.

“Yahoo in my mind is one of these classic Internet companies, and

PAGE 53

By SAM PETERSON on March 4, 2014

BITCOIN IS THE LATEST PLAYER IN THE ONLINE GAME Making up more than an estimated 50-60% of all transaction in the virtual currency, Bitcoin gambling is fetching big money in unregulated markets.

With sending and receiving transaction costs at a bare minimum, the practice is incredibly lucrative. It manages to evade legislators as well as limits on the frequency and size of bets. Some operators offering Bitcoin betting services have managed to facilitate over $2 billion worth of wagers in only a single year of operation. Many stylize themselves after dice-rolling games, while some have gone so far as to develop lottery, slots and poker variants.

Fans of sports betting have gambling outlets in Bitcoin as well.

The crypto-currency is again preferred by punters as a result of anonymity and the near instant transaction time versus traditional payment methods.

However, the lifespan of a Bitcoin bookie tends to be short-lived. The quick come up on easy-to-fleece depositors is just too tempting for some, but there are always exceptions to the rule. Legit Bitcoin bookies are out there and can pay off big when you know how to wager. there is so much opportunity now that they have new leadership with Marissa Mayer,” D’Aloisio said.

“There’s a massive opportunity in what they’re doing, which is taking technologies like Summly and allowing them to become used by hundreds of millions of people.”

D’Aloisio, whose handicraft includes “gimmicky games” like a program that turns a phone into a treadmill for fingers, said in an interview with Mark Barton on Bloomberg TV’s Countdown show that his parents will keep the proceeds from the sale in a trust fund for him.

LI KA-SHING

By DOUGLAS MACMILLAN AND AMY THOMSON on Mar 26, 2013 11:28 PM GMT+0100

dotview

Summly, founded in 2011 as Trimit, lists Zynga Inc (ZNGA). Chief Executive Officer Mark Pincus, Hong Kong billionaire Li Kashing, as well as actors Ashton Kutcher and Stephen Fry among its early backers. Summly’s technology generates summaries of news items and helps users search for topics based on keywords. The company partnered with SRI International, a nonprofit research institute, to come up with the algorithm that automatically generates its blurbs.

“Most articles and Web pages were formatted for browsing with mouse clicks,” Yahoo said on its blog. “The ability to skim them on a phone or a tablet can be a real challenge. We want easier ways to identify what’s important to us.”

Sara Gorman, a spokeswoman for Sunnyvale, California-based

Yahoo, and D’Aloisio declined to comment on the price.

Yahoo gained less than 1 percent to $23.59 at the close in New York.

The shares have risen 19 percent this year.

MAYER’S PERSONALIZATION

The program will be worked into multiple Yahoo products, and for now has been removed from Apple Inc (AAPL).’s online app store, according to a statement on Summly.com.

Mayer is stepping up Yahoo’s focus on Web services that are customized for individual users, and aims to add engineers by buying small technology startups, she said on a conference call last year. Since Mayer took over in July, Yahoo has made at least six such deals, known informally as acqui-hires.

These include Jybe Inc., Stamped Inc., OntheAir, Snip.it and Alike.

Mayer has said she sees the company building sites and technologies for daily activities such as checking e-mail and stock tickers. She said in January that she’s focused on technology that will personalize content from the Web and deliver it to people on handheld devices.

SUMMLY

With over 90 million summaries read in just a few short months, this is just the beginning for our technology.

As we move towards a more refined, liberated and intelligent mobile web, summaries will continue to help navigate through our ever expanding information universe.

PAGE 54

dotview

“We think about how do we take the Internet and order it for you,” Mayer said.

Raised in Australia, D’Aloisio has resided in a suburb southwest of London since the age of seven. He lives with his father, a commodities analyst for Morgan Stanley; his mother, a lawyer; and a younger brother.

100 PERCENT

D’Aloisio took a sabbatical from King’s College School six months ago after receiving an investment from investors including Li Ka-shing.

“It came down to me wanting to commit 100 percent to the build and the launch,” he said. “I wanted to throw everything I had at Summly.”

That passion for his company resulted in an emotional exchange with a blogger that even D’Aloisio admits betrayed a lack of maturity.

In a series of e-mails with the technology blog Gizmodo, D’Aloisio urged writer Casey Chan to reconsider a decision to drop Trimit from a Best Apps of the Week feature.

“I feel like crying I’m that disappointed,” D’Aloisio wrote in an e-mail, which was later posted to Gizmodo. “You don’t understand what this means if we don’t get featured. We’ll go bust and I’ll end up unemployed.”

IVE FANDOM

D’Aloisio said he has matured in the two years since then.

By EVELYN M. RUSLI on OCTOBER 27, 2011, 9:51 AM

FOR GOOGLE, A NEW HIGH IN DEAL-MAKING With 57 completed deals under its belt this year, Google has already smashed its 2010 record of 48 acquisitions — and it is only October.

According to a filing submitted on Wednesday, Google announced it had spent $1.4 billion in the first nine months of 2011 on acquisitions.

That tally includes its $151 million purchase of Zagat, the online restaurant reviews site, $114 million for Daily Deals and $676 million for ITA Software, the travel software company.

Beyond those three transactions, Google largely focused on com-

Making Money Online March 2014

Summly – Google Acquisitions – Startup Exits

“The great thing about that is it shows I was a 15-year- old who has been on an amazing journey,” he said.

“I was young and inexperienced.”

D’Aloisio met Mayer in January 2012 at a design conference in Munich, where he was a speaker and she attended as a representative of Google Inc., her then employer.

The two had a “very brief chat” at the conference, and reconnected late last year, when Yahoo approached the entrepreneur about a possible acquisition, he said.

As much as he admires Mayer, D’Aloisio may not be long for the company she runs. He said he’d like to continue building companies after a stint there and is particularly interested in artificial intelligence technology, such as Apple Inc.’s Siri.

For now, he said he’s eager to learn what it’s like working inside an established technology – a prospect that helped convince him to sell.

“I’m going to need to have had the experience at companies like Yahoo,” D’Aloisio said. “I’m going to have this awesome learning experience.”

D’Aloisio said that besides Mayer, he also draws inspiration from Facebook Chief Executive Officer Mark Zuckerberg and Jony Ive, Apple’s design chief.

To hear D’Aloisio tell it, the admiration is mutual.

“He is a fan,” D’Aloisio said of Ive, with whom he’s met to exchange ideas. “Which is awesome.” pleting smaller transactions of $10 million or less. The remainder of its deals, 54 in all, accounted for about $502 million.

During the period, Google also announced a $12.5 billion cash deal for Motorola Mobility, but has not completed the transaction. In its filing, Google reminded investors that if the deal fell apart because of regulatory issues it would have to pay Motorola a $2.5 billion fee.

Although Google’s executives have been optimistic that the deal will close by early next year, the company has faced increased scrutiny from regulators, who are worried about its ever-expanding online empire.

Earlier this year, regulators approved the company’s acquisition of ITA, but also required Google to agree to certain stipulations to ensure fair competition.

The story continues on page 50

By DANNY BRADBURY on October 11, 2011

STARTUP SCENE WAITS FOR ‘BIG EXIT’ At Schnelker, Rassi & McConnell, our MERGERS AND ACQUISITIONS

attorneys take a practical approach to transactions, seeking ways to help the client get the deal done on time and within budget.

In Vancouver, everyone is waiting for the big earthquake.

“It could happen at any time,” says Boris Mann, co-founder of Bootup Labs, a technology incubator and seed fund. But the quake he is referring to is economic, not seismological.

Vancouver’s technology startup scene needs what investors refer to as a “big exit”; a ground-shaking initial public offering that leaves the founders super rich, and gives the rest of the startup community hope.

There have been smaller preshocks, the most famous being Flickr, which sold to Yahoo! Inc. for US$35million in 2005; CNN just snapped up IPad magazine Zite for about US$20million; and Adobe Systems Inc. just bought Nitobi Software, which develops software frameworks for mobile apps. But these are all acquisitions by U.S. firms, not grand-slam IPOs. The Big One hasn’t happened yet.

The ecosystem isn’t developed enough, says Ryan Holmes, founder of social media firm Hootsuite, which just landed US$3-million in Series A funding.

“We need a PayPal mafia here,” he says. “People that come back after a big exit and double down.” He’s referring to the super-rich founders of PayPal, who reinvested their money and their knowledge in the next generation.

But, like most other tech startup rock stars, they came from Silicon Valley, traditionally the breeding ground for technology startups that make it big. Consequently, when Vancouver startups need cash and connections, they take the two-hour flight to San Francisco. Many of them never come back.

Mr. Holmes says that this is changing. “We have seen over the past couple of years a big decentralization from San Francisco,” he says. “The startups can now happen elsewhere. We’re seeing a huge

increase in incubation across other cities.”

Hootsuite is one of several promising companies singled out by angel investor Boris Wertz, co-founder of GrowLab, a technology incubator that launched in April. It gives up to $25,000 in funding to young startups, in a runup to a second stage of $150,000 in loan money. ” There are some young entrepreneurs that are now thinking about reinvesting their money, which is exactly the way that the valley works,” Mr. Wertz says.

One of them is Jason Bailey, a cofounder of GrowLab, who founded KITN Media, a payment platform for Facebook games, which sold for more than Flickr. Since his KITN exit, he has founded several new businesses, one of which is already producing more than $1-million a quarter in revenue, and is getting acquisition offers.

GrowLab, and Bootup before it, are a sign Vancouver is picking up on trends set by incubators such as YCombinator in San Francisco and adapting them to Canada.

They represent an alternative to traditional sources of funding, from government and associated agencies. Mr. Mann and others see the system of government-backed funding groups in Vancouver as slow to move, and bloated.

“GrowLab is changing that. We are taking VC, angel, and government money and filtering it down to the best of the best, regardless of where they are from. We are creating community,” Mr. Bailey says.

GrowLab, like Ycombinator, invests small amounts in relatively high numbers of firms.

The feedstock for GrowLab comes largely from the lean startup movement, which thrives on this sense of community. Championed by people like Jesse Heaslip, the Lean Startup movement starts companies quickly, using next to no funding, testing assumptions using cheap prototypes before “pulling the trigger” and launching into commercial development.

Heaslip uses Meetup.com to organize get-togethers for his Start-

Making Money Online March 2014

Startup Exits – Google Acquisitions – Online Poker

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PAGE 55

up Tech CEO group. “We just ran

By CHRIS TAYLOR on JUL 18, 2012 with it, and we had a couple of events a month,” he says. “We are GOOGLE VP: HERE’S HOW TO GET BOUGHT BY US up to 500 members now.

If you’re a startup looking for the fabled goldmine course — well established in its own right, it rewrote Lean startups are all about agilof a Google exit, here’s the guy you’ll want to meet: the book on how an acquisition can be run delicateity. When Facebook launched David Lawee. ly, as a company within a company.

Timeline, a service that creates a The search giant’s VP of Corporate Development, But there’s also the satellite-mapping company timeline from your Facebook staalong with CEO Larry Page, signs off on the doz- Keyhole, which in 2003 became the seed that tus updates and photos, it blew ens of acquisitions and acqui-hires made every year, sprouted Google Maps. And maybe you heard of a Sean Sherwood’s idea for a social large and small. (One got added to the latter catego- tiny Linux-based mobile software designer Google media timeline out of the water. ry Tuesday: design firm Cuban Council, which will bought in 2005, called Android Inc.?

Within days, the sometime resbe shipping off a portion of its team to help improve For many startups, the transition isn’t a hard sell. taurateur and tech startup enthuthe look of Google+.)

“Entrepreneurs who sell to Google are doing it besiast repositioned his service as a So what does it take to impress Lawee? Well, for cause they have a vision of what they’re trying to Facebook application focusing on one thing, being lucky enough to have a startup do,” Lawee told attendees. “Very few entrepreneurs checkins and personal achievethat covers a particular area of tech Google is cu- get to the stage of creating a billion-dollar company. ments. It launches this week. rious about right now (and naturally keeps close They’re thinking about their legacy.”

In the meantime, he has cooked to its chest).

Going down in Google history is a lure that must up Nickler, a digital invoicing sys“It’s like a giant puzzle,” Lawee told Mashable, be hard to resist. (When it comes to the most fatem for restaurants. Mr. Sherwood “and we’re looking for the missing pieces.” mous company that got away, Groupon — which spent years running successful eatSpeaking on stage at the Fortune Brainstorm was offered and turned down $6 billion in 2010, eries in Vancouver and knows eveTech conference in Aspen, Lawee explained the and recently fell below that market cap — Lawee reryone in the business. He already next steps: be a good cultural fit, be a conscientious fuses to speculate about whether it would have fared has half the restaurants in the city’s worker, and don’t think of it as an exit. better inside the Googleplex.)

Gastown signed up to Nickler, in “We’re trying to find entrepreneurs who are thinkBut just in case startups feel like haggling, we hear just a few weeks. ing of it as another stage in the company,” he said. from other conference attendees that Page has to Wilkins Chung, co-founder of A “We’re counting on people to come to Google and personally approve any change whatsoever in the Thinking Ape, came back to Vantake advantage of the opportunity. The product is offer price. In other words, if you don’t agree with couver from Seattle. His company the star of the show.” exactly what Google wants to give you, you’ll have lies at the intersection of two of Should there be any doubt of that, Google has to wait in line for one of the world’s busiest CEOs Vancouver’s most promising techquite the legacy to point to. There’s YouTube, of to have his next meeting with his acquisitions team. nology sectors: mobile development banks into processing billions of elaborate criminal fraud scheme, and gaming. He opened a subsidiY COMBINATOR dollars in payments from custom- alternately tricking some U.S. ary here because his co-founder had ers in the United States. They said banks and effectively bribing othproblems getting a U.S. visa.

“The most prestigious program for the actions violated a federal law ers to assure the continued flow of “I used to work in Seattle, and we budding digital entrepreneurs” Twice a year we invest a small amount passed in 2006 that prohibits il- billions in illegal gambling profits.” found a number of Canadians that of money ($14-20k + an $80k note) legal Internet gambling operations got hired in the States but wanted Representatives for the poker in a large number of startups from accepting payments. to move back to Canada,” he says. sites could not immediately be (most recently 68).

The sites have their headquarters reached.

“The problem is that Canada Applications open for summer! in places where online gambling doesn’t have that many interesting On Friday, authorities arrested is legal — Antigua and the Isle of two defendants, including John places to work, whereas the U.S.

By MATT RICHTEL Man — a hurdle that has made Campos, the vice chairman of a has firms like Facebook, Google on April 15, 2011 it difficult for authorities in the small bank in Saint George, Utah, and Microsoft.”

United States to crack down on the who they said processed gamThat also means there is less comindustry. The indictment shows bling transactions in exchange for petition to pull developers away the intensifying game of cat-and- a $20,000 fee and a $10 million when Mr. Chung recruits them. mouse between prosecutors and investment in the bank by poker In a world where smart people gambling sites that generate bil- site operators and their assocican start a company with little lions of dollars in transactions. more than a collection of cloudates. The United States attorney’s The online poker operators office is working with foreign law based services and a credit card, sought to avoid detection by banks enforcement in hopes of extraditthe only barrier left to starting one and legal authorities by funneling ing defendants located abroad and is community. Thanks to monied payments through fictitious online seizing their assets. investors such as Mr. Wertz, and Mr. Bailey, and hungry outsiders In an aggressive attack on Internet businesses that purported to sell Experts in gambling law said that such as Mr. Heaslip, that is grow- gambling, federal prosecutors on jewelry, golf balls and other items, the forceful action raises tricky Friday unsealed fraud and money according to the indictment. It questions about gambling laws ing quickly. laundering charges against opera- says that when some banks pro- and the government’s reach. These tors of three of the most popular cessed the payments, they were experts said it was not clear, for Y COMBINATOR online poker sites. The govern- unaware of the real nature of the example, whether countries that “The most prestigious program for ment also seized the Internet business, but the site operators sanctioned and licensed such acbudding digital entrepreneurs” addresses of the sites, a new en- also bribed banks into accepting tivity would allow extraditions.

Twice a year we invest a small amount forcement tactic that effectively the payments.

Lawrence Walters, a lawyer who of money ($14-20k + an $80k note) in a large number of startups shuttered their doors.

Preet Bharara, the United States represents online gambling opera(most recently 68).

Prosecutors charged that the op- attorney for the Southern District tions, though not those involved Applications open for summer! erators of Full Tilt Poker, Poker- of New York, said in a statement in these cases, said the indictment Stars and Absolute Poker tricked that the defendants “concocted an might raise an even more funda-

U.S. CRACKS DOWN ON ONLINE GAMBLING

PAGE 56

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mental question: Is online poker actually illegal? Federal law prohibits sports betting, but experts are divided over whether it clearly prohibits online games like poker and blackjack.

In the indictment, prosecutors seemed to skirt the issue. They based parts of their prosecution on state laws in New York and elsewhere that prohibited unlicensed gambling, including poker.

Legal experts said the prosecutors needed to rely on such prohibitions as a foundation for going after the claims of money laundering and fraud. But Mr. Walters said this strategy might face challenges. He said it was not clear that the state laws applied to foreign-based gambling operations, given that under federal law, international commerce was regulated at the federal level.

“This appears to be a precedentsetting case,” Mr. Walters said. “It will be the first time the Department of Justice takes on the looming question of whether federal law prohibits online poker.”

Opponents of online gambling have been trying to figure out for years how best to police casinos that can be located abroad but reach easily into American homes.

According to statistics provided by the Poker Player’s Alliance, an advocacy organization led by former Senator Alfonse D’Amato of New York, seven million Americans play online for money once a month.

In a statement, Mr. D’Amato criticized the prosecution. “We are shocked at the action,” he said, adding, “Online poker is not a crime and should not be treated as such.”

ComScore, a company that measures Internet traffic, said that in March, Full Tilt Poker had 2.6 million visitors from the United States, PokerStars had 1.9 million and Absolute Poker had 1.3 million. ComScore also reported that 1.4 million people visited Ultimate Bet, a site that the federal indictment says joined forces last year with Absolute Poker. Those were the nation’s four most popular poker sites, ComScore said.

On Friday, visitors to those sites were met with a message that begins: “This domain name has been seized by the F.B.I.” The government used the same controversial tactic of seizing domain names in actions last year against sites accused of copyright violations. Los-

Online Poker – Spam Cost – Facebook Spam

Making Money Online March 2014

ing a domain name can be costly

By PAUL FERSON on 29 August 2013 - 14:03 for a company that has invested in FACEBOOK SPAM COULD BE WORTH $200M ANNUALLY promoting it as the main route to its site. But the tactic can also be Facebook has been an enormously profitable business venture but its of only temporary effectiveness, success isn’t limited to founders and employees alone. According to a because the company can switch to group of Italian researchers, spammers and scammers could be maka new Web address that is outside ing up to $200 million per year off it too.

If you’ve looked at any big fan-page on the site you’ll have seen plenty the reach of law enforcement in the United States — one that, for of posts about free iPhones and iPads; Facebook’s terms of service prohibit this, but have had seemingly little preventative effect. example, does not end in .com.

Scam URLs are typically shortened down with Bit.ly or TinyURL According to the indictment, the fraud and money laundering links, masking their true destination. Almost 10% of these masked scheme evolved from deception websites use AdSense for their money-making schemes, meaning to bribery. Initially, after the en- Google is getting a slice of the profits too.

Andrea Stroppa and Carlo De Micheli, the two leaders of the research actment of the 2006 law aimed at limiting payment processing for group, were able to conclude approximate values per spam post. For a online gambling, the defendants page with roughly 30,000 likes, spammers could make up to $13, for a sought to dupe banks by creating page with 100,000 fans, that shoots up to about $58; multiply that by fake companies, according to the 18,000 or so posts per day, and then consider that as annual earnings.

Even then, that isn’t always profitable enough, some spammers creindictment.

But the indictment says that as ate pages and sell spam statuses to others, substantially boosting their financial institutions got wise to own income.

The information presented by researchers is eye-opening. Facebook those efforts, several defendants sough to persuade smaller banks spam is surprisingly lucrative, earning more than some ‘legit’ businesses. to process the transactions by making multimillion-dollar in- nology research firm, reveals that come to $17 billion in the United Internet users in the United States States and $50 billion worldwide. vestments in them spend an average of three minutes These figures reflect the productivThe story continues on page 46 deleting spam each day they use ity loss to the diminishing number E-mail. Multiplied across 169.4 of business users without spam Play Poker Games at million online adults in the United filters, the cost to purchase and POKERSTARS.COM States, this comes to 22.9 million administer anti-spam systems, and hours a week, or $21.58 billion time wasted dealing with spam that Join the world’s biggest online poker room PokerStars. With a new player based on an average wage. gets through and with legitimate deposit Bonus, bigger tournaments, “The business community needs messages that have been misidentipoker players and VIP rewards. to realize that a lot of its money is fied as spam.

This is where champions are born, going down the drain,” says Roland While spam volume has inand you could be next.

Rust, director of the Center for Ex- creased tenfold since 2003, its Ready to play real money poker? cellence in Service. “This is a prob- estimated economic impact hasn’t Download PokerStars for free on your lem that concerns everyone.” even doubled–it was $11 billion in desktop or mobile device.

The survey indicates that 78% of the United States in 2003, Jenonline adults receive spam daily nings says. “Anti-spam technology and 11% receive at least 40 such is doing well,” he says.

By THOMAS CLABURN messages. Of those, 14% read In a recent Weblog entry, he noton 2/3/2005 03:32 PM spam they receive. Four percent ed that some anti-spam vendors of online adults said in the past have suggested that spam volume year they purchased a product or is leveling off. He says that’s a misservice advertised in spam–that’s apprehension that comes from almost 7 million people propping measuring spam as a percentage of up peddlers of herbal Viagra and all E-mail–70% to 85% of E-mail the like. today is said to be spam. The vol“They’re the ones that cause the ume of spam appears to be leveling problem,” Rust says. off because trying to graph this An enviable 22% of online adults information over time results in a The cost of spam in terms of lost say they tend to get no spam what- line that curves as it approaches, productivity has reached $21.58 soever. but never reaches, 100%.

Messaging market-research firm billion annually.

But, as Jennings points out, this The cost of spam in terms of lost Ferris Research expects to reveal asymptotic plateau is an illusion of productivity has reached $21.58 similar, if slightly lower, figures mathematics. Graph the number billion annually, according to the soon. Analyst Richi Jennings pro- of spam messages from 2003 to 2004 National Technology Readi- jects the cost of spam in 2005 will 2005 and you get a line that rises ness Survey. steadily. “Far from slowing down,” The annual survey, conducted by he writes, “the volume of spam Comodo A N T I S P A M Gateway Center for Excellence in Service at continues to grow at a fairly conCloud-based email anti-spam protection for your corporate mail servers the University of Maryland’s Robsistent rate.” ert H. Smith School of Business Buy now.

The story continues on page 52 and Rockbridge Associates, a tech-

SPAM COSTS BILLIONS

Making Money Online March 2014

The Source List

THE SOURCE LIST

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PAGE 57

PAGE 58

dotview Page 01 (Cover)

LISTEN, I’M A CAPITALIST.

I LIKE

MONEY A LOT

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MONEY MAKES THE WORLD GOES ROUND. AND JOURNALISM. AND THE WEB. http://themagazinedesignproject. tumblr.com

The Source List – Page 01 to 09

HOW MUCH REVENUE DOES GOOGLE KEEP FROM ADSENSE? http://mashable.com/2010/05/24/ google-adsense-revenue-share

SWAG BUCKS: YEAH, IT’S STILL A THING http://reviews.cnet.com/830133153_7-57579824-10391733/swagbucks-yeah-its-still-a-thing

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WHY MONEY REALLY CAN BUY YOU HAPPINESS http://www.dailymail.co.uk/news/ article-2087162/Why-money-reallybuy-happiness-Cash-importantfactor-making-feel-content-sayresearchers.html The Top 10 Countries by Money Pledged on Kickstarter, by MATT PETRONZIO http://mashable.com/2014/03/04/ kickstarter-countries

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Page 04/05

UK WARNS OF RANSOM SCAM TARGETING 10S OF MILLIONS http://www.businessweek.com/ ap/2013-11-15/uk-warns-of-ransomscam-targeting-10s-of-millions

If you’re computer is already infected by Ransomware, Kaspersky Lab specialists’ designed a special utility: KASPERSKY WINDOWSUNLOCKER.

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MT GOX GOES UP IN SMOKE. IS THIS THE END FOR BITCOIN? http://www.finextra.com/news/fullstory.aspx?NewsItemID=25768

Page 06/07

THIS IS HOW YOU MINE SOME BITCOIN http://www.businessweek.com/articles/2014-01-13/interactive-simulation-how-to-mine-bitcoin

MAN THROWS AWAY TROVE OF BITCOIN WORTH $7.5 MILLION http://mashable.com/2013/11/27/manthrows-away-millions-of-bitcoin

Trade bitcoins in 5 4 0 3 C I T I E S and 2 1 6 C O U N T R I E S .

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CYBERATTACK LEADS TO $1 MILLION BITCOIN HEIST http://mashable.com/2013/11/25/cyberattack-leads-to-heist-of-1-millionin-bitcoin

ONE BITCOIN EXCHANGE’S DEMISE IS ANOTHER’S BIRTH http://blogs.wsj.com/japanrealtime/2014/02/26/one-bitcoinsexchanges-demise-is-anothersbirth/?KEYWORDS=bitcoin

SILK ROAD ILLEGAL DRUG WEBSITE SHUT DOWN BY FBI http://www.cbc.ca/news/technology/ silk-road-illegal-drug-website-shutdown-by-fbi-1.1876244

Are you looking for S I L K R O A D D R U G S ? We uncover everything

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THE SILK ROAD, REBORN

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SILK ROAD 2.0 HACKED WITH OVER £1.6M WORTH OF BITCOIN ‘STOLEN’

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Making Money Online March 2014 road-2-hacked-with-over-16-million-inbitcoin-allegedly-stolen-9127696.html

Page 10/11 Welcome to

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UK EVE ONLINE PLAYER STEALS $45,000 WORTH OF ISK IN MASSIVE TINVESTMENT SCAM

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GTA ONLINE: ROCKSTAR PROMISES $500,000 IN-GAME CASH TO EACH PLAYER

http://www.theguardian.com/technology/2013/oct/14/gta-online-rockstargamers-offered-cash

AND YOU THOUGHT WORLD OF WARCRAFT IS JUST FOR GEEKS! CHINESE PRISONERS FORCED TO PLAY GAME AS WARDENS GAMBLE http://www.dailymail.co.uk/sciencetech/article-1391636/Chinese-prisoners-forced-play-World-Warcraftwardens-gamble.html

Page 12 The B U S I N E S S U P D A T E , the latest content addition to the world of G R A N D T H E F T A U T O O N L I N E , is now available to download from PSN and Xbox Live.

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PAGE 59

Page 13 Money =... http://www.urbandictionary.com/ define.php?term=money http://www.urbandictionary.com/ define.php?term=money&page=2 http://www.urbandictionary.com/ define.php?term=money&page=3

Page 14/15 Dear Friends, My name is Dave Rhodes. In September 1988 my car was reposessed and the bill collectors were hounding me like you wouldn’t believe. I was laid off and my unemployment checks had run out. http://www.cs.rutgers.edu/~watrous/ dave-rhodes.html

Make Money Fast (stylised as MAKE.MONEY.FAST) is a title of an electronically forwarded chain letter which became so infamous that the term is now used to describe all sorts of chain letters forwarded over the Internet, by email spam or Usenet newsgroups.

In anti-spammer slang, the name is often abbreviated “MMF”. http://en.wikipedia.org/wiki/Make_ money_fast

Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socioeconomic context or country. http://en.wikipedia.org/wiki/Money

if i had a dollar for everytime i liked something on tumblr i would have 5,374 dollars http://yessitsgracie.tumblr.com/ post/76882712277/if-i-had-a-dollarfor-everytime-i-liked-something

AmaAmazon is good to make money from and there are many different ways. Selling a product on amazon, creating and selling a kindle ebook, or the most common way, though affiliate marketing. They pay well, and good percentages if you can get volume. The trick is to do expensive items like TVs, cameras or other electronics. http://www.reddit.com/r/Entrepreneur/comments/1fh6sw/is_there_an_ amazonseller_subreddit_or_are_the

PAGE 60

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wish it was still like 2011 and I was still making like a hundred dollars off YouTube a month [unsubtle brag haha wtevr] http://pizzahutdotcom.tumblr.com/ post/77893431088/wish-it-was-stilllike-2011-and-i-was-still-making

I made a storytelling party game called Story War! with my friends Tom/Frezned (an Australian video game developer) and Vondell Swain (a 19 year old Portlandian), who might also respond to questions but they are probably sleeping right now. We reached our $20,000 goal in 36 hours, then I quit my job, and we went on to raise $200,000 more. http://www.reddit.com/r/IAmA/ comments/1alhve/i_just_quit_my_ day_job_and_put_my_first_game

The Source List – Page 15 to 21

Top 20 Highest Paying Google AdSense Keywords 2013 http://www.blackhatworld.com/ blackhat-seo/adsense/557803-top20-highest-paying-google-adsensekeywords-2013-a.html

Mesothelioma (or, more precisely, malignant mesothelioma) is a rare form of cancer that develops from cells of the mesothelium, the protective lining that covers many of the internal organs of the body.

Mesothelioma is most commonly caused by exposure to asbestos. http://en.wikipedia.org/wiki/Mesothelioma

Page 18/19 Ransomware is a class of malware which restricts access to the computer system that it infects, and demands a ransom paid to the creator of the malware in order for the restriction to be removed.

Some forms of ransomware encrypt files on the system’s hard drive (cryptoviral extortion), while some may simply lock the system and display messages intended to coax the user into paying. http://en.wikipedia.org/wiki/Ransomware

IamA Thief AMA!

http://www.reddit.com/r/AskReddit/ comments/194s6u/what_would_be_ the_first_thing_you_would_do_with_a

http://en.wikipedia.org/wiki/Internet_fraud#Dating_fraud

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Just earned $0.02 for watching a 15 second video on Swagbucks.

http://webrootblog.files.wordpress. com/2013/05/fbicyberdiv.pngt http://www.hdwallpapers.in/walls/ windows_xp_bliss-wide.jpg

Page 20/21 10,598,100,000,000 US Dollar Total US Dollar money supply (Number M2 money (M2 is the M1 supply, plus all of the money held in money market funds, savings accounts and CDs under $100,000.

In June 2013, the M2 money supply was about $10.5 trillion [source: Federal Reserve].):

http://youngandpennywise.tumblr. com/page/3

http://www.reddit.com/r/IAmA/ comments/ljioz/im_16_and_i_ make_40day_consistently_with_ google

http://cdn.arstechnica.net/wp-content/uploads/2013/10/MoneyBank.jpg

Google AdSense is a program run by Google that allows publishers in the Google Network of content sites to serve automatic text, image, video, or interactive media advertisements that are targeted to site content and audience. These advertisements are administered, sorted, and maintained by Google, and they can generate revenue on either a per-click or per-impression basis. In Q1 2011, Google earned US $2.43 billion ($9.71 billion annualized), or 28% of total revenue, through Google AdSense. http://en.wikipedia.org/wiki/AdSense

http://money.howstuffworks.com/ how-much-money-is-in-the-world.htm directed to http://www.federalreserve. gov/releases/h6/20130711

In 2013, Google gave out $9 billion USD in their AdSense program, I got $3.11 of that haha https://twitter.com/ajdinthedream/ status/438482274896457728

http://core0.staticworld.net/images/ article/2014/01/kovtor-ransomware100222098-orig.png

http://www.reddit.com/r/aww/ comments/1sw9i6/iama_thief_ama

With dating fraud, often the con artist develops a relationship with Go to the strip club. I went with their victim through an online a hundred bucks and a 12 pack of dating site and convinces the bud light a few years ago and had victim to send money to the fraudan amazing night, so I’d imagine if ster. The requests for money can I took a few thousand my fun level be a one-time event, or repeated would be multiplied. over an extended period of time.

I’m 16 and I make $40/day consistently with Google Adsense (now without doing anything)

Making Money Online March 2014

7,794,118,155 USD Bitcoin Market Capitalization in USD (12,408,250 BTC for 628,14 USD each as of 02/17/2014 ) http://coinmarketcap.com/all.html

http://robinsoninspace.tumblr.com/ post/36279540166

Members of the program are able to earn and spend Swag Bucks in a variety of ways. http://en.wikipedia.org/wiki/Swagbucks

There is a box, with a mouse in it, as well as a button that activates a food lever. The mouse hits the button gets the food. Because the mouse is reinforced by getting the food, it will continue to hit the button. Skinner also looked at schedules of reinforcement. http://uk.answers.yahoo.com/question/index?qid=20090917154856 AAYzkaL

http://www.spywareremove.com/ images/2013/nsainternetsurveillanceprogramvirus_img1.png

BUY THEM UP, INVEST while you still can, INTEREST FREE. NO FED.....NO CENTRAL BANKING CARTELS, commerce of the future! http://newyork.craigslist.org/mnh/ wan/4292685588.html

http://4.bp.blogspot.com/_Mcy4oUq8gAQ/TIBYViizOsI/AAAAAAAAAW0/ zjrSUKQeM0E/s1600/MI_ransomrussian.png

I am looking to sell up to 5 bitcoins at $750 each. Cash only.

Will meet in person at any bank or coffee shop. If you are interested please reply with your phone number. Thank you! http://sfbay.craigslist.org/sfc/ for/4331290502.html

Making Money Online March 2014

Bitcoin Domain Name Portfolio for sale $2,500 each domain or $50k for group purchase of all of them. Will accept bitcoins as payment. All payments, and open to barters of equal values. http://newyork.craigslist.org/mnh/ bfs/4333883342.html

Currently accepting BITCOIN donations at this address. Please help donate, you’ll be not only making someone’s life a better life to live, but you’ll get refunded, or repaid down the line. 19Py3hgNYaHSstXweyXA2xhbGqJxR25WZM - BTC. http://newhaven.craigslist.org/ ele/4288115405.html

Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer Satoshi Nakamoto. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money.

Bitcoins are created by a process called mining, in which participants verify and record payments in exchange for transaction fees and newly minted bitcoins. Bitcoins can be obtained by mining or in exchange for products, services, or other currencies.

The Source List – Page 21 to 33

any help from Bitcoin.

Propaganda!

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Page 28/29

http://finance.fortune.cnn. com/2013/03/25/online-currencyregulations

On 2 October 2013, Ross William Ulbricht, alleged by the FBI to be the owner of Silk Road and the person behind the pseudonym “Dread Pirate Roberts,” was arrested in San Francisco on suspicion of drug trafficking, soliciting murder, facilitating computer hacking, and money laundering. http://en.wikipedia.org/wiki/Silk_ Road_(marketplace)

http://www.larengodelviaggiatore. info/public/Bronzino.JPG

The Bitcoin Hype Cycle (requesthttp://blood-apple.tumblr.com/ ed repost) (self.Bitcoin) post/68240478427/yo-this-is-whats-up submitted 2 months ago by vocatus http://www.reddit.com/r/Bitcoin/ comments/1r2ls1/the_bitcoin_hype_ cycle_requested_repost/t

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Page 26/27

IAMA male porn actor, working for a large internet site for past 4 yrs, AMA, I have a couple hours to kill before a scene today

IAMA seller on the illegal anonymous marketplace Silk Road

http://www.reddit.com/r/IAmA/ comments/hrgja/iama_male_ porn_actor_working_for_a_large_ internet/?limit=500

http://www.reddit.com/r/IAmA/comments/inrbo/iama_seller_on_the_illegal_anonymous_marketplace

http://geejaebee.tumblr.com/ post/47794908284/silk-road-is-awonderful-thing

http://en.wikipedia.org/wiki/Bitcoin

Page 22/23 I have my entire retirement and savings invested in Bitcoin. I will track its progress here over time. http://www.reddit.com/r/Bitcoin/ comments/18f3pd/i_have_my_entire_ retirement_and_savings_invested

http://tastesofbrussels.files.wordpress.com/2012/07/butcher.jpg

http://erhank.tumblr.com/ post/58145937451/if-you-ever-wondered-what-cannabis-from-the-silk

IAmA internet porn biz verteran of 15 years AMA (self.IAmA)

Page 24/25 Chart:

http://crunchberry-punk.tumblr.com/ post/54665192116/shoutout-to-royalmail-for-unknowingly-delivering

http://bitcoincharts.com/charts/ bitstampUSD#rg180zig2-hourztgCzm1g10zm2g10zvzl

Page 30/31

Erik Voorhees • 11 months ago Monopoly money is more like US dollars than like Bitcoin. The former two can be printed at whim, are centrally controlled, and are geographically restricted. daveys • 11 months ago What a crock. Bitcoin is rising because the “real” economy is run with fake money, and is teetering on collapse all by itself, twithout

http://www.reddit.com/r/IAmA/comments/sxsth/iama_internet_porn_biz_ verteran_of_15_years_ama

http://magickarpets.tumblr.com/ post/52097590931/87-pure-mollycourtesy-of-the-silkroad

http://www.davidlishman.com/wp-content/uploads/2012/04/sdp1852-0029.jpg

http://classconnection. s3.amazonaws.com/30/flashcards/2573030/jpg/butcher_shop_in_ valencia1358344208427.jpg

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The Source List – Page 33 to 43

http://images.huffingtonpost. com/2013-10-14-GDK_702735.jpg

http://3.bp.blogspot.com/80eBmCN2BrE/UoEwc0HmBiI/ AAAAAAAAQyI/pWUPcq6bDOA/ s1600/Arthur+Mayeur-sous-titrée-gra nd+prix+de+gravure+en+taille+douc e+1896-a01.jpg

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http://upload.wikimedia.org/wikipedia/commons/9/9a/Amedeo_Modigliani_012.jpg

http://healthimpactnews.com/wp-content/uploads/2013/07/Prime-Rib.jpg

Making Money Online March 2014

TheThe Sims Online (also known as EA-Land) was the first massively multiplayer online variation on Maxis’s highly popular computer game The Sims, the second being the Online Weekend mode for The Sims Bustin Out, and third being The Sims Social.

It was published by Electronic Arts and released on December 17, 2002 for Microsoft Windows. In March 2007, EA announced that the product would be re-branded as EA-Land and major enhancements would be made. About a year later, EA announced that the game would shut down all activity on August 1, 2008. http://en.wikipedia.org/wiki/The_ Sims_Online

AV = Alphaville. Alphaville is the largest residential city to choose from in The Sims Online. It is one of 12 major cities in the game. It is notable, as it is the largest city in the game. FF = Fancy Fields.

Fancy Fields is one of the cities to choose from in The Sims Online.

http://nevsepic.com.ua/uploads/ posts/2011-10/1319382418_www. nevsepic.com.ua-nude.jpg

My porn name is Lance Hart. I am 33 years old. I have a Bachelors Degree in English with a focus in Modern American Literature (which comes in more handy than you would think in the Adult Film Industry)

http://sims.wikia.com/wiki/Neighborhoods_in_The_Sims_Online

http://www.reddit.com/r/IAmA/comments/xv7b6/iama_fetish_porn_producer_and_porn_model_ama

http://2.bp.blogspot.com/qEqpLJ3JbxI/T89pDj4EEbI/ AAAAAAAAAlY/gAfRzs32Okk/s1600/ IMG_0309.JPG

http://www.pitturaomnia.com/rivista_pittura_i000244.jpg

http://storage.koinup. com/080620x47300/47300-6.jpg

http://rawdogeats.files.wordpress. com/2013/02/meat.jpg

Page 42/43 http://upload.wikimedia.org/wikipedia/commons/f/ff/Francisco_de_ Goya_y_Lucientes_011.jpg

Page 36/37

http://amuslima.com/wp-content/ uploads/2012/01/amuslima003-1024x682.jpg

Page 38/39 and 40/41 Evangeline: Interview with a Child cyber-Prostitute in TSO alphavilleherald.com/2003/12/evangeline_inte.html

http://graphics8.nytimes.com/images/2013/04/08/us/MEAT/MEATsuperJumbo.jp

http://2.bp.blogspot.com/-hMIehKAMgiY/TtJhJaC7NjI/AAAAAAAATPc/ cUX5JxJK7Pg/s1600/Sausages3.JPG

TThe Sims Online (also known as EA-Land) was the first massively multiplayer online variation on Maxis’s highly popular computer game The Sims, the second being the Online Weekend mode for The Sims Bustin Out, and third

I’ve been buying and selling WoW accounts for nearly 6 years now. I started out when I was only 13 years old (now 19). To obtain my first account to resell, I had to mow lawns for about 2 months to get $300. I took that $300 and made my first “flip” on an account, and now I’m buying/ selling accounts full time. So far I make about $2,000-$6,000 a week depending on how good the week is. My full website is launching in May which I expect will help double sales. http://www.reddit.com/r/IAmA/comments/spc44/i_make_over_100000_a_ year_selling_world_of

Making Money Online March 2014

The Source List â&#x20AC;&#x201C; Page 43 to 51

Angel Battleships Machariel 1,060,503,472.05 ISK (= $32.55)

Page 44/45

http://www.items4eve.com/EVE_Online_Items_View.aspx?ID=10006236

http://www.onlineglow.com/wpcontent/uploads/2013/03/WoW_GoldDKP_buffed.jpg

32,570,426.07 ISK (EVE Online InterStellar Kredit) Exchange Rate http://isk.thealphacompany.net/?isk =32.55&conversion=usdtoisk&Subm it=Convert

Oil Rig L$245 ($1,02) http://www.themailmanchronicles. com/wp-content/uploads/2011/05/milliondollarimage.png

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https://lh4.googleusercontent. com/-yKqngCbTcAg/TWsJWvx2sSI/ AAAAAAAAAGc/cY5JJFxVMWQ/ s1600/gold-pile.jpg

dotview

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and money laundering in order to process transfers to and from their customers. A companion civil case, United States v. PokerStars, et al., 11 Civ. 2564 (2011), includes Full Tilt and Cereus as defendants and seeks the forfeiture of approximately $3 billion in assets belonging to the companies. After the indictment was unsealed on April 15, 2011, a date quickly dubbed Black Friday by the online poker community, PokerStars and Full Tilt stopped offering real money play to their United States customers. http://en.wikipedia.org/wiki/Black_Friday_(2011)

Rakeback is a player rewards method that began in 2004, whereby some online poker sites or their affiliate partners return part of the rake or tournament entries a player pays as an incentive for them to continue playing on that site. http://en.wikipedia.org/wiki/Rake_ (poker)#Rakeback

Page 48/49

https://marketplace.secondlife.com/p/ Oil-Rig/306454 http://www.spacetelescope.org/static/ archives/images/large/opo1001a.jpg

The Sensible Chic Classic Living Room Set in Black 800 ACD ($2,39)

http://upload.wikimedia.org/wikipedia/commons/9/9b/Poker-sm212-Ks.png

I was a professional online poker player, in the United States, who has been out of the game due to US regulations for nearly a year and a half now.

http://www.wowhead.com/ item=66981#.

PAxe of the Deadly Price (OneHand) 341g (= $0,41) https://theunderminejournal.com/ item.php?item=66981

http://freeavination.wordpress. com/2011/05/14/loving-avinationsalesensible-chic

240 L$ (Linden Dollars) Exchange Rate https://www.virwox.com/buy-lindendollars.php?language=en&stage=1

http://evepics.ďŹ les.wordpress. com/2008/08/epangelcartelbs.png

http://upload.wikimedia.org/wikipedia/commons/thumb/e/e0/Dollarnote_ hq.jpg/800px-Dollarnote_hq.jpg

http://www.reddit.com/r/IAmA/ comments/10f6m2/iama_professional_online_poker_player_of_8_years

Insider cheating can occur when a person with trusted access to the system (e.g. an employee of the poker room) uses his position to play poker himself with an unfair advantage. This could be done without the knowledge of the site managers. http://en.wikipedia.org/wiki/Online_poker

How much can a competitive online poker player make? http://www.answeru.net/q/319978

I blew over $30,000 playing internet poker and then asked my girlfriend to sell her body to pay for debt. AMA vhttp://www.reddit.com/r/IAmA/comments/cpv83/i_blew_over_30000_ playing_internet_poker_and_then

United States v. Scheinberg, 10 Cr. 336 (2011), is a United States federal criminal case against the founders of the three largest online poker companies, PokerStars, Full Tilt Poker and Cereus (Absolute Poker/Ultimatebet), and a handful of their associates, which alleges that the defendants violated the Unlawful Internet Gambling Enforcement Act (UIGEA) and engaged in bank fraud

Page 50/51 Google is a computer software and a web search engine company that has been acquiring, on average, more than one company per week since 2010. The table below is an incomplete list of acquisitions, with each acquisition listed being for the

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respective company in its entirety, unless otherwise specified. http://en.wikipedia.org/wiki/List_of_ mergers_and_acquisitions_by_Google

The Source List – Page 51 to 64

Page 53

CASH POURS IN FOR STUDENT WITH $1M WEB IDEA

Google, the lead developer of Android itself, announced in August http://www.chinadaily.com.cn/english/ 2011 that it would acquire Motorola Mobility for US$12.5 billion, doc/2005-12/31/content_508426.htm subject to regulatory approval. http://en.wikipedia.org/wiki/Motorola_Mobility

BITCOIN IS THE LATEST PLAYER IN THE ONLINE GAME

BeatThatQuote.com was a http://www.onlinecasinoarchives.com/ British price comparison site specialising in personal finance technology/2014/03/04/bitcoin-is-thelatest-player-in-the-online-game products. In the financial year 2006 to 2007 the company posted revenues of £7.8 million. http://en.wikipedia.org/wiki/BeatThatQuote.com

On June 3, 2007, FeedBurner was acquired by Google Inc., for a rumored price of $100 million.

One month later, two of their popular “Pro” services (MyBrand and TotalStats) were made free to all users. http://en.wikipedia.org/wiki/Feedburner

Google acquired Android Inc. on August 17, 2005.

SUMMLY’S 17-YEAR-OLD FOUNDER BECOMES A MILLIONAIRE http://www.bloomberg.com/ news/2013-03-25/yahoo-buyingsummly-to-boost-searches-on-mobile-devices.html

http://en.wikipedia.org/wiki/Android_ (operating_system)

Page 54/55 YouTube is a video-sharing website, created by three former PayPal employees in February 2005 and owned by Google since late 2006. http://en.wikipedia.org/wiki/Youtube

The company introduced their first product, the Nest Learning Thermostat, in 2011. http://en.wikipedia.org/wiki/Nest_Labs

SUMMLY

With over 90 million summaries read in just a few short months, this is just the beginning for our technology.

As we move towards a more refined, liberated and intelligent mobile web, summaries will continue to help navigate through our ever expanding information universe. http://summly.com

Waze is a GPS-based geographical FOR GOOGLE, navigation application program A NEW HIGH IN for smartphones with GPS supDEAL-MAKING port and display screens which http://dealbook.nytimes. provides turn-by-turn informacom/2011/10/27/google-hits-new-mation and user-submitted travel record/?_php=true&_type=blogs&_r=0 times and route details.

I am a person who sends “spam” email for a living http://www.reddit.com/r/IAmA/ comments/9xrn1/iama_person_ who_sends_spam_email_for_a_living_ama

http://business.financialpost. com/2011/10/11/startup-scene-waitsfor-big-exit

Y COMBINATOR

“The most prestigious program for budding digital entrepreneurs” Twice a year we invest a small amount of money ($14-20k + an $80k note) in a large number of startups (most recently 68).

Applications open for summer! http://ycombinator.com

GOOGLE VP: HERE’S HOW TO GET BOUGHT BY US http://mashable.com/2012/07/18/ google-acquired

U.S. CRACKS DOWN ON ONLINE GAMBLING

At Schnelker, Rassi & McConnell, our MERGERS AND ACQUISITIONS

attorneys take a practical approach to transactions, seeking ways to help the client get the deal done on time and within budget.

http://www.srmlawyers.com/mergersand-acquisitions.php

http://www.informationweek.com/ spam-costs-billions/d/d-id/1030111?

FACEBOOK SPAM COULD BE WORTH $200M ANNUALLY http://www.neowin.net/news/facebook-spam-could-be-worth-200mannually

Comodo A N T I S P A M Gateway Cloud-based email anti-spam protection for your corporate mail servers Buy now. http://www.comodo.com/businesssecurity/email-security/antispamgateway.php

Page 58/59 and 60/61 and 62/63 and 64

THE SOURCE LIST

http://www.nytimes.com/2011/04/16/ technology/16poker.html Imprint:

Page 56/57

Play Poker Games at POKERSTARS.COM

Join the world’s biggest online poker room PokerStars. With a new player deposit Bonus, bigger tournaments, poker players and VIP rewards.

This is where champions are born, and you could be next.

Ready to play real money poker?

Download PokerStars for free on your desktop or mobile device.

www.pokerstars.com

http://en.wikipedia.org/wiki/Waze

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STARTUP SCENE WAITS FOR ‘BIG EXIT’

Making Money Online March 2014

SPAM COSTS BILLIONS

dotview, Issue 3 about Making Money Online March 9th, 2014 Concept, Editor-in-Chief, Layout, Graphics, Photo Editor etc.: Lisa Charlotte Rost lisacharlotterost.de lisacharlotterost@gmail.com

Copyright on any articles or images is retained by the author(s).

This magazine was designed as part of a Master’s Thesis at the Bauhaus University Weimar, Germany.

The next issue of dotview will be be completed at the 13th of April 2014.

The topic of the 4rd dotview: Getting Love Online