Exactly one year ago, the todays probably most popular PTC was born…Bux.to! On June 12th 2007 the guys/gals behind Bux.to started their business and, against many difficulties that usually arrise from owning a PTC site, they have managed to constantely grow their business. Till today over 6 million people have already joined Bux.to. That’s an average of over 16,000 people each day!

But is this an anniversary that’s really worth celebrating?

Bux.to is facing some heavy problems lately. Payments are delayed for several months and many members start complaining about it. More and more people doubt that Bux.to is a legit business and can handle those many members.

The new script that should fix many of those problems, like catching cheaters or doing automatic payouts, is delayed for weeks and weeks, although it got announced again and again that it will be here soon. Well, the Bux.to members are waiting for months now.

I personally thought that they would release the new script, called Bux Reload, today at Bux.to’s first birthday. But it seems there’ll happen nothing special today. The only birthday “gift” they gave to their users was a special referral offer where you could save some bucks and get a free t-shirt. Ok, that isn’t bad at all…

You have exactly two options

Besides all those problems, there’s also another side. The Bux.to staff has paid their members §1,000,000 since June 12th 2007, an incredible amount. It clearly shows that they are really making money.

They are working on many other side-projects in order to fund their business. They have recently started the Bux.to Shop, have arranged the Bux.to Idol and are currently working on the Bux.to Academy (a fund raising service for web startups) and their very own payment processor called Paybux.

Sure, payments are still delayed at the moment and I understand everybody who complains about it, but if you have a closer look at their whole business model and engagement, you may see that they ARE working on fixing those problems. But I must also admit that they should release more details on what’s exactly going on.

You have exactly two options. First, you may quit Bux.to and stop complaining about it again and again. Second, trust the people behind Bux.to and make real good cash (although delayed for now).

I would personally prefer the second option!

Happy Birthday Bux.to!

Ciao,
Querblogger

UPDATE 6/12/2008 21:00pm:

There actually happens a DDoS attack on Bux.to! The site is down because their servers get flooded from pings from a BotNet. A guy named “Burimi” appeared on the Bux.to forums stating he’ll shut down Bux.to forever, right before the site really went down. It’s very sad and bad news on Bux’s birthday, but I think the attack won’t last that long (at least I hope so)…

UPDATE 6/12/2008 23:00pm:

The DDoS attack seems to be over now. Bux.to is loading fine again! Must have been a script kiddie, because otherwise the attack would have last much longer in my opinion (and a real hacker would have taken real damage to the site)