BuxSyde (buxsyde.com) - SCAM

• Reason For Review: May 2011 - Requests | Archive
  
• Review Last Updated: ***July 9, 2011
  
• Owner/Alias: "UNKNOWN"
  
• Current Whois: http://whois.domaintools.com/buxsyde.com
  

BuxSyde is a new "bux" site that has recently launched and will be moved from the Watch List to the Scam List Site hasn't paid in over 7 days, the admin is inactive, and the site is for sale without warnng. See "cons" section for more info.

Here re the pros and cons of this site:

PROS:

1. Forum - This site does have a forum. Forums are great for communication between members and staff. Members can post payment proofs, get support, and stay up to date on changes made to the site. You can find their forum here: http://www.buxsyde.com/forum.php

2. Paying - They are paying and payment proofs can be found on the forum and throughout the web. Here are a few places where you can view these proofs:

http://www.buxsyde.com/forum.php?board=3

http://www.emoneyspace.com/forum/index.php

http://www.talkptc.com/index.php?topic=28470.0

3. Decent Direct Referral Limits -  Currently standard members can have up to 100 direct referrals. Great for promoters and those who can refer a lot of people.

4. All Countries Accepted - So far there are no restrictions and all can join and earn from this site. Will update if this changes.

CONS:

1. Admin Inactive? - It appears the admin is not very active as he used to be. Staff are claiming the owner is not very responsive and payments are falling behind. Which is why they are now on the Watch List.

http://buxsyde.com/forum.php?topic=4483 {IMG}

2. Non-Payments - Last payment proof is showing from July 1st. Payments have stopped since then and complaints about not receiving payments are showing on their forum.

http://img231.imageshack.us/img231/9994/reonyoursyde3.jpg

http://img691.imageshack.us/img691/9131/reonyoursyde2.jpg

http://img59.imageshack.us/img59/4276/reonyoursyde1.jpg

http://img849.imageshack.us/img849/2791/reonyoursyde4.jpg

3. For Sale Without Warning - Site is currently up for sale to the highest bidder without warning or notice to members and investors:

http://www.emoneyspace.com/forum/index.php/topic,163659.0.html

4. New Site - We do not recommend investing or buying upgrades on new sites. For at least 6 months, if not a year. If you can't wait that long, at least test and get paid first before you decide to invest.

The main reason why we see this as a downside is due to the large number of new sites that go through many sudden changes during their first 6 months. Changes anywhere from rates per click, payment processor issues (paypal limitations), and payment wait times. New sites notorious for changing their terms. Why we do not recommend investing on new sites.

5. A "Bux" Site - This type of ptc has a very high fail rate. Most "bux" sites go scam under 6 months, if not within a year. Most rely on upgrades and rental purchases rather than actual advertisers. A typical "bux" site will show fixed/self-sponsored ads, sell rentals, and have a higher rate per click. This type of business model is not very successful and unsustainable, which is probably why most "bux" sites fail.

6. Whois Private - Hidden ownership.

7. PayPal Limited - Site recently announced that their paypal account is limited and they will no longer use paypal.

http://buxsyde.com/forum.php?topic=3644

http://buxsyde.com/forum.php?topic=3160

Some Things You Should Know About This Site...

• Avg Daily Earnings w/out referrals : $0.0165 +/-
  

• Number of Ads: 4 +
  

• Referral Earnings : 10%

• Script: PTCEvolution
  

• Contact Email/Link: staff@buxsyde.com
• Twitter: https://twitter.com/BuxSyde
  

• Site Created: February 2, 2011   Launched: May 16, 2011
  

• July 9, 2011
• Moved to Scam List
  
• July 7, 2011
• Moved to the Watch List 
• July 6, 2011
• For Sale (source)
  
• June 27, 2011
• Direct referral limits increase from 50 to 100.
• $3 max you can cashout till their payment accounts are well funded.
  
• June 26, 2011
• Referral earnings drop from 50% to %10
• June 14, 2011
• PayPal removed as an option to cashout with.
  
• June 9, 2011
• PayPal Limited
  
• June 7, 2011
  
• Full Review completed and site added to the Ongoing Investigations List
  

BuxSyde was paying however the site has stopped paying and the owner has placed the site up for sale without warning. Moved the site to the Scam List.

If anyone would like to share their experience that they had with this site, whether it is good or bad, feel free to do so in our comment section at the end of this review.

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