02-26-2014, 02:00 PM
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www.EngineFood.com
Industry Role:
Join Date: Aug 2006
Posts: 5,697
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Really Useful Cash Removes Bitcoin For Lack of Value
Interesting stats... 
http://business.avn.com/company-news...ue-550322.html
Quote:
"Our average sales ratio on casting.xxx went from 1:758 to 1:1720 during the 7 days that Bitcoin was live on our join forms and the cryptocurrency did not generate a single sale," explained RUC's JT. "We tried testing it for 24 hours on another site in our network, PublicAgent.com, with similar results, removed it and saw our ratios improve without it again. Maybe it's because 98 percent of the world have a negative view of Bitcoin through what's been written in the media, and they temporarily lost confidence in my site when they saw Bitcoin. We take consumer trust very seriously and see Bitcoin as something that was diluting the value of our brands."
We have just launched our 17th website and now have an active member database of more than 23,000 paying members," added JT. "The initial phase of the affiliate program rollout included the launch of more than a dozen top quality exclusive video sites. Now we are extending our competitive advantage by securing premier tube domains for our internal marketing, creating quality tours and having our sites WebsiteSecure.org certified. I believe the key factor in our growth thus far, and in our continued growth moving forward, is our ability to give people what they already want?and it appears they do not want to use Bitcoin, or even to see an offer to accept Bitcoin."
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