Forum Optimalbux → OptimalBux → News and Announcements → Temporary adjusted withdraw limits.

Temporary adjusted withdraw limits.

Started by admin 2019-03-23 at 15:01

34 replies to this topic

Admin

Posted 2019-03-23 at 15:01

Admin

Posts: 215

Dear members,

This is an announcement of some measures that we have to take in order to keep the sites alive and stable.

Unfortunately,what makes me sad,is that this situation happened for external reasons and not from bad management from our side.

We have come to this point mostly because of Payza and the loss of our funds.It's been exactly 1 year since Payza closed.

But let me explain to you what happened.
As you may remember late January 2018 we had to close our Paypal account.At this point the biggest processors (and by big i mean the ones with the most cash flow) was Paypal and Payza.
Since we removed Paypal i transferred and kept most of the site's funds to Payza in order to avoid any issue with withdraws and in order to not make a withdraw rule,so you wouldn't have to deposit from Payza in order to be able to withdraw to Payza.

I guess it was a mistake from my side but i couldn't think that this will happen to Payza,a company which was for so many years and never had an issue with them.

So March arrived and around 80% of the site's funds are frozen in Payza since then.

I've added other payment processors in order to keep the sites going and for you to be able to deposit and withdraw.

The second "hit" was the prices of crypto which for example Bitcoin dropped from around $20,000 to $4,000.This caused a cash flow issue on crypto which most of you are aware since we are behind on crypto payments for the past 2-3 months now.

The past 1,5 year i haven't make any profit (nothing to my pocket i mean) from the sites and i am trying to find ways in order to recover from the loss of Payza since my personal opinion is that these funds are lost and we will never get them.

From my experience the sites need around 4-6 more months in order to recover that loss but we have to take some measures in order to keep them stable and running without issues.

This is why from today,and i promise you this is not a permanent change,we will decrease the withdraw limits for all memberships.

The new withdraw limits are as follows :

Standard : $5
Silver : $10
Gold : $25
Platinum : $35
Diamond : $50

I hope that you can understand the situation we are in and keep supporting the sites.

We have gone through tough times in the past and i am sure that we can go through this as well.

With gratitude,

Admin of Scarlet-clicks,Gptplanet and OptimalBux

Dimitris.

btcstr

Posted 2019-03-23 at 18:12

Standard

Posts: 69

Quote: admin
Dear members,

This is an announcement of some measures that we have to take in order to keep the sites alive and stable.

Unfortunately,what makes me sad,is that this situation happened for external reasons and not from bad management from our side.

We have come to this point mostly because of Payza and the loss of our funds.It's been exactly 1 year since Payza closed.

But let me explain to you what happened.
As you may remember late January 2018 we had to close our Paypal account.At this point the biggest processors (and by big i mean the ones with the most cash flow) was Paypal and Payza.
Since we removed Paypal i transferred and kept most of the site's funds to Payza in order to avoid any issue with withdraws and in order to not make a withdraw rule,so you wouldn't have to deposit from Payza in order to be able to withdraw to Payza.

I guess it was a mistake from my side but i couldn't think that this will happen to Payza,a company which was for so many years and never had an issue with them.

So March arrived and around 80% of the site's funds are frozen in Payza since then.

I've added other payment processors in order to keep the sites going and for you to be able to deposit and withdraw.

The second "hit" was the prices of crypto which for example Bitcoin dropped from around $20,000 to $4,000.This caused a cash flow issue on crypto which most of you are aware since we are behind on crypto payments for the past 2-3 months now.

The past 1,5 year i haven't make any profit (nothing to my pocket i mean) from the sites and i am trying to find ways in order to recover from the loss of Payza since my personal opinion is that these funds are lost and we will never get them.

From my experience the sites need around 4-6 more months in order to recover that loss but we have to take some measures in order to keep them stable and running without issues.

This is why from today,and i promise you this is not a permanent change,we will decrease the withdraw limits for all memberships.

The new withdraw limits are as follows :

Standard : $5
Silver : $10
Gold : $25
Platinum : $35
Diamond : $50

I hope that you can understand the situation we are in and keep supporting the sites.

We have gone through tough times in the past and i am sure that we can go through this as well.

With gratitude,

Admin of Scarlet-clicks,Gptplanet and OptimalBux

Dimitris.

Thank you admin for the information, and may I ask.
Does reducing the withdrawal limit affect the withdrawal period and referral rentals (RR)?

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aneeq88

Posted 2019-03-23 at 18:33

Standard

Banned

Posts: 69

This user has been banned because of violating the Terms Of Service. All his posts have been deleted.
Optimalbux Team.

rumcola

Posted 2019-03-23 at 19:50

Standard

Posts: 34

We strongly support your decisions, always.

I have a suggestion.

Maybe, we also need to reduce the monthly membership fee while the low click rate continue?

Because, we are not able to maintain our monthly membreship with this AVG in this moment.

starrec91

Posted 2019-03-23 at 20:52

Standard

Posts: 282

Hello Admin, we understand difficult times!
Please give the answer to the question that worries all users.
to what extent will AVG fall?
March 22 AVG = 6.4
Sincerely

« Last Edit: 2019-03-23 at 20:53 by starrec91 »