MyBrowserCash Referral Shares Changed
By ebmims
@ebmims (89)
United States
April 7, 2012 5:55pm CST
Although there have been a number of recent discussions about MBC because of the issues with paypal and them adding new processors etc, but I didn't notice anyone mention that MBC has changed how their referral shares work now.
The price still remains $5.50 per share. Instead of paying out $0.11/share/day, they have increased it to $0.128/share/day. In addition to this, instead of paying out over 60 days, they are paying out for 75 days a share. They have also completely removed the $3 maturity payout.
Quick math:
.11/day for 60 day = $6.6 + $3 maturity bonus for TOTAL = $9.60
.128/day for 75 = $9.6 for TOTAL = $9.60
So as you can see, the total amount earned per share for its lifetime is still $9.60. If someone is good at crunching numbers, they could find out if this is actually an improvement or not. At first glance, it would seem that this is a worse deal since its the same amount of money over a longer time period. The key difference though is that the $3 you would normally get at the end of the share is instead divided out into the 75 days, which means that you can reinvest quicker. IE, if you have 100 shares, that extra .018 per day gives you another share every 4 days. The new system means faster turn around on reinvesting in shares while the old system meant more profit per share overall.
1 person likes this
6 responses
@skjee10 (438)
• India
8 Apr 12
It's a good change i think.They want to sustain MBC for a longer time.I will welcome this change,if it help us for a long run.But i am sad about the situation with paypal.I trust paypal very much,i invested here through them.It will be more difficult to withdraw now with other processors.I don't like alertpay at all.I already have an issue while funding in JBP,5 days ago,which haven't solved yet.hope they will resolve their dispute with paypal very soon.
1 person likes this
@few00cent (2183)
• India
8 Apr 12
Agree Paypal is good choice but it is not good for program..a hater/competitor & cheater always make some deposit in program using paypal and files dispute..this is what happened with MBC account too.
I hope they will resolve it soon.
@few00cent (2183)
• India
8 Apr 12
Yeah Paypal & Alertpay has a high fees.I use Alertpay and almost 10-15% whatever I make Online goes into transaction fees.
Liberty Reserve is good but I don't often use it as I have less fund in LR account.Also hard to find an exchanger with reasonable fees.
MBC & JBP are my fav..I just started with MBC..hope I will make some profit here.
@varier (5685)
• Indonesia
8 Apr 12
Honestly I don't get it..
"The key difference though is that the $3 you would normally get at the end of the share is instead divided out into the 75 days, which means that you can reinvest quicker."
Can't you just use the maturity bonus of $3 that being given after 60 days to reinvest? I think it would be quicker rather than being distributed over 15 days (60 + 15). Care to elaborate more? 
@ebmims (89)
• United States
8 Apr 12
Its not the last 15 days, its the entire 75 days. Basically, instead of receiving $3 at the mature date, that $3 is applied daily, for 75 days, at $0.018 extra. This means that if you have 100 shares, you are getting an extra $1.80 daily than you would have normally, allowing you to buy extra shares sooner, rather than getting the lump $3/share bonus at the end of 60 days.
Even though the mature bonus is earlier than the new 75 days, I believe the increased daily interest will result in higher earnings. Especially if you take into account your downline... if people can purchase more shares quicker, you get more commissions quicker (assuming you are upgraded)
Then it would be a win win situation for both side. It's faster for you to reinvest and attract people to refer more person. And in another side, it means more funds for MBC.. @few00cent (2183)
• India
8 Apr 12
I noticed the change and I was looking for an answer to make sure if they has eliminated maturity credit.by the way, where you get that info from ? In FAQ section they yet have Maturity Bonus included in answer.
Anyways, I guess they did the change to sustain the program and earning for 75 days is not bad.Compounding will definitely increase the daily earning.
They gonna do some more changes in coming days and it seems to be Win Win for everyone.
@ebmims (89)
• United States
8 Apr 12
Yeah, there are some changes going around, especially with the whole payment processor stuff. I hope they get paypal working and stabilized AND add libertyreserve and solid pay. Though I love the paypal option, being able to move some earnings to LR for usage at other places (not to mention using LR earnings from other sites to invest with).
@suraj7nov (1736)
• India
8 Apr 12
yes you are right they had done that and i am really happy with this move,it give us quickly the amount to purchase refferal shares,plus we can choose whether we want to invest or not because in previous case you had to invest your mature bonus of 2$.
@jobfindonline (1744)
•
8 Apr 12
Ebmims from what I nderstand the .128 share will decrease or increase depending on the revenue of MBC. If .128 rate per share will not go lower in any time from now then there is no big changes. The only difference is the earnings will go directly to our account balance not in prchase balance. It seems this is another move to control the number of shares each member could purchase.
@dorothy172 (984)
• Malaysia
8 Apr 12
when read through your post only i realised there is some changes in MBC referral share system. if want to ask is it good or not, actually there is no difference i think, but the different is that, if for 60 days, at the end they will add $1 to your account balance and $2 to your purchase balance. if for the new system, all the earning will direct to account balance, and you have to transfer them to purchase balance to be withdraw. i think there is no difference, and they use this system maybe is want to longer their lifetime, haha~~ since too many gold member purchase rs in large number every 2 days. if all mature together, i think MBC is going to be headache =)
@ebmims (89)
• United States
8 Apr 12
Actually, I was talking about it with one of my friends and we believe that this will actually be a great improvement in earnings over the old system based on a few conditions. Since I am an upgraded member, I receive commission on my referrals. Since the new system adds the possibility to compound, that means more shares are being bought. Even though the quality of the shares value is decreasing, the capability to amass a large quantity has been increased. With this, the referral commission increases, meaning even more earnings.
Basically, if you have a solid downline that is investing, and will be reinvesting the higher compounding interest, then you will be making more money from referral shares, increasing the amount you can buy, making more money for you and your upline.
