JustBeenPaid Reviews! Records Are Breaking!

Yes, you can!

Now I too am a JBP member, but I'd like to see 100% truth in advertising! Nothing kills a plan like hyping it too much.
As a member, I have no interest in seeing JBP doing badly, so I am hoping that the hype won't get out of hand...

Please be careful about telling people they get $10 upon joining, because that's simply not true.

As mentioned here in this thread, the $10 is a loan, nothing more...
I just unsubscribed from the list of the person who sent me an email saying I get $10 for free.

good luck to JBP'ers...

I am not trying to hype up the program, it really is the simplest and most exciting system I have been with. I would normally give up on other programs because I was getting nowhere with them. Each day with JBP I can see something positive happening.

Yes, the $10 is a loan which is more or less a free test drive of the system. But the $10 is meant to be used as a marketing technique.

Chad

Hi chaps, I suppose question is mainly for Chad and Graeme. How do you get on with withdrawals? Do you hang out in the conference rooms to find out when the processors are open/available? I've heard another trick is to join the Facebook group and watch out for info on there. Do you have a particular processor that you prefer/have more success with? I've only tried a couple of times, but I had the limit message, as I expected. Just wondering if you had any particular tips. Best to use, times of day, etc?

I can not answer this very well because I have only withdrawn a couple of times. I use STP and what I have found out by watching a group I am with on facebook, is that around 1 or 2 oclock eastern time seems to be when it opens. I can't confirm this but may try to withdraw tomorrow around this time if I remember. I have not set up any other processors because I have had no need to and have been happy with STP

Chad

Interesting,

It is nice to see all the new posts on JBP, so here is my take on recent restart. Just to be clear, I have been involved from start as I like a good gamble and even like a good pyramid from time to time. lol

The last restart dictated a new strategy for me as I lost hundreds of triplers, and to be honest, in the past three months I have seen next to zero matrices cycle and pay out. I had personally expidited and premium purchased a dozen matrix positions to see if I could induce some to cycle. Well, much to my disappointment, none cycled, so when I saw so little activity on the matrix side of pyramid, I decided to change my strategies.

Simply put, I only purchased triplers in what we were told would not be effected by restart which was proposed to be in the 45% range according to Fred. Well, as I see now, many of us got hit for 75%, so there went my strategy and I ended up losing over a hundred triplers again, and according to what we were told, I should not have lost any? I was not happy over this, but was expecting the end was near, so I did back off on putting more into matrices last time, and I am glad I did.

Now here is how I see things at this point, and sorry, I know some will not want to hear it, but there are troubles on the horizon, and believe me, I hate to say it for JBP has done very well for me and others I referred over the past 29 months, but all good things must come to an end sooner or later, expecially pyramids. Now matter how it is promoted, it is still a pyramid, not that I have anything against a pyramid, but everyone should know the real facts about these HYIP programs from start so they can make an educated decision.

Most HYIP's are scams, as in, first in makes the most, last in loses the most, so that is just the fact of the matter. No risk no reward, so you have to know when to hold them and know when to fold them just like in poker, this is a gamble, even if promoted as sustainable. Define sustainable? Of course no one can, not even Fred, so this is a misleading word to most. Most HYIP's collapse in 18 months if anyone has followed the industry for any amount of time, so I must say, Fred has sustained program beyond the average by about 10 months, not bad, but I fear the end is near, perhaps a few more months is my estimate.

Bottom line, never put more money into any of these deals than you can afford to lose. Always take out your seed money as soon as possible. Once you have done so, now you are playing with house money, and this is exactly how I got started with JBP and it has paid off very well. I had been paid everytime on time, but things have changed in past few weeks which you have to be aware of. Not that it is all the fault of JBP, but the writing is on the wall. To spell it out, when AlertPay vanished, and Payza supposedly took their place, I started to see the industry problems compound, and here is why. AlertPay was great, I always got my bank transfer in a timely manner, even if I didn't like the 8% fee, they performed very well. Payza sucks, plain and simple. Payza failed to complete my significant transfer to my bank, and it took over a month before I got check. The were unable to complete bank transfer and would not answer phones, or support tickets for over a month while they held my money. I finally got a check after threatening to report them knowing the whole money transfer systems are under severe pressure to be regulated like banks are.

Now lets look at this issue for a moment. AlertPay got out of business because they were facing these pressures by regulators, so I am sure they sold out to Payza to avoid seizures or loss of bank transfer abilities, which appears to have happened since now JBP no longer used Payze. One has to ask why? For the same reason I got hit with, no more bank transfers. Why, because banks were more than likely threatened by U.S. regulators just as they had done many years ago when online gambling was booming, they threatened the credit card companies, and this killed one of my biggest income sources. So here we go again, regulators are about to attack as I see it, after all, the U.S. is bankrupt, so they will go for the money grab once again as they did against other similar programs. Anyone remember those other deals?

So look at what JBP has done recently, they have capped withdrawals to $500.00 per withdrawal. Anyone who has been trying to get withdrawals will tell you, it is next to impossible to find that couple minute window before processors lock you out having hit their limit for the day. I have been trying to get withdrawals for over a week and have wasted hours on just trying to get a withdrawal, and to date, zip, nada, zilch, nothing, so what does this tell us. Sure, I see some getting little withdrawals, and this new Egopay deal which was suppose to replace Payza is questionable. Who would want to withdraw to an unknown entity like Egopay? I know I don't, so this leaves STP which I am also awaiting a check after waiting almost another month, so not happy with them either. At least their fee is half as much, so I am keeping my fingers crossed. I hadn't used LibertyReserve in years, so I will await results from SolidTrustPay first and let you know how long it takes them to send check. They state 14 to 21 days which is insane compared to Alertpay which took only a couple weeks in total as I recall before using bank transfer system.

At this rate, it will take me months to take out what I was withdrawing before these changes, so I am not happy to say the least. What is worse is the last restart where I got hit for 75% lose of triplers. This is why I wanted to take out most of my funds epecting next restart to be 90% so that program can be sustainable for a few more months. The Pay It Forward strategy was great, but remember, this is just a loan which has to be repaid, so all we are gaining is a potential prospect, at our cost, and as I see it, most don't upgrade beyond the freebie position, so this has done nothing more than bring in hundreds of thousands of people clogging up the system and servers which hurts all of us who have been in from start. Is this fair, depends on which side you are on in argument. I know some did see 45% restart losses, but all of those in my group got hit for 75%, so what is this saying. Remember, I have heard that no one is seeing any significant matrix payouts last restart, and now we are all wondering what we will see this restart which was much more impactful for many of us.

Oh well, thought you newbies would like to hear an accurate overview on my 29 months in JBP before deciding what is the best option for you. I've seen it all, researched and evaluated most, and like many, all you want to know is the truth, not the usual hype of these HYIP deals we are all sick of. I will let you know when I get my last big withdrawal through STP which is now about to hit the one month point. Been busy, so don't get over here as often as I was, but anyone who has wondered about the future of JBP, I give it a few more months, so keep that in mind and get your initial investment out first before you let it ride. The matrix potential earnings are simply numbers on a screen, we will never see but a small percentage of matrix income in my opinion.

Success to all,

Freebusiness,

Excellent post and very informative. I for the most part played the same strategy as you and earned my money back ASAP. And like you said, everything after that has been profit. It is great to here from someone that has been in for so long and do respect what you are saying.

As for me I really have nothing to loose by staying in and will keep moving forward as I have. But for those thinking about starting up, Freebusiness has some good points to keep in mind.

Chad

FreeBusiness, I was looking for the silver lining at the end of your message, but it never came
I have invested a bit in this business, and havent had the chance to withdraw my seed cash yet.
I did withdraw through STP last night, if you're interested. I just logged onto JBP chat room, and someone said it was open, tried and success. Maybe I got lucky?

knicky1 could you share that time with us and your time zone.

Chad

Hi Chad, I'm in the UK. It was 7pm my time. Are you in the US? Is it something like 5 hours behind?

Although the opening times appear to be random anyway

I just got my withdrawal through and it was 1:02pm eastern standard time when it opened. It still took me about 20 times to get through though. I questioned in the conference room why it took me so many times and it was recommended that I should clear my cookies.

I will try to remember this for next time and see if I am able to get through easier. Much to my surprise though, I think it closed in under 10 minutes. This is not acceptable. What I was doing was hanging out in the 24/7 conference room until someone said it was open. If you have time to do this I recommend doing it to get your withdrawal through. Huge hassle though.

Chad

Yea, it closed quick last night also. Sounds like you have make a mad rush to withdraw as soon as someone shouts OPEN! I can understand daily limits, but that window is very small.

I did read this in the updates from yesterday:

"The current daily individual withdrawal limit for all 4 payment processors is $500. The OVERALL withdrawal limit for STP has been raised considerably.

When requesting withdrawals, many members are receiving the message of the limit being reached. The reached limits should not be as prevelant now. Furthermore we will be introducing a withdrawal queue that will allow members to request a withdrawal even after we have reached the overall withdrawal limit for the day. More details will be coming in the near future."

Suppose all we can do is stick with it and sit tight, etc.

actually I did end up reading back in the conference room and some were still claiming it was open about 45 minutes later. Maybe it opens and closes for a while after initial open? Hopefully the withdrawal queue isn't like the matrix placements and you end up waiting a month or two. These things really need to get worked out or members will be leaving.

Chad

Great news everyone! Less than 12 hrs and I have already received my withdrawal request into STP. Much faster than I expected! Definately lifts my spirits a bit!

Yep, me too. Took a little longer as it was my first, but the money is there in my STP account.

Sorry, but it's obvious you are!

I am a JBP member myself but want to know the ENTIRE story, not just daily updates about how great you think this plan is. That has been fully noted and needs NO repeating!

For one thing, these payment processor options are a REAL issue... AlertPay's reputation is in the toilet, which negatively impacts any plan they are/were involved in, as well as their lateral transformation into PAYZA... I have had issues with being able to use STP which has dampened my fervor for JBP somewhat. Now EGO pay???

The payment processor issue dwarfs all others - what good are earnings you can't access?

Good luck with JBP anyway...

Well I took the plunge and bought some positions yesterday so we'll see how it goes and I'll keep everyone posted here how I do.

Thanx for all the advise up to this point.

That is a matter of opinion! I would say at one time you were also pretty excited about the program. That is how I feel about JBP right now! Yes, it is having it's issues right now and the payment processors are a huge hassle, but you can still get your money out, you need to put extra effort into making it go through. It should not have to be so hard to get your money out but I really believe it is just growing pains.

I started this thread, so I try to respond to most posts! Yes a majority are positive but that is because I believe in the program. But I have also posted negative aspects and have warned of issues that are going on at different times.

Chad

I am enjoying the program so far I have already been able to compound my earnings and have purchased new positions with the earnings I have made.

I came across a cool video today that shows what just been paid can do, the link is in my signature if you want to see it.

Congrats Eddy, be careful about referring to your signature links in here, as you could end up banned for doing it. Repurchasing grows your earnings quite quickly doesn't it. If I were you I would try to have a plan in mind for trying to set aside some of that earning to get back what you have put in. Many people keep a days earning every 3 days for example.

Chad

Well, we all know of the delayed payments and patiently wait for getting paid with JBP. I just received my payment for August 13th, still waiting for 14th and 15th which is supposed to be a combined payment.
Here is the latest announcement from JBP:

We are currently running a combined payrun for Tuesday and Wednesday earnings (up to 4%) and Sunday & Monday payouts are still in progress. Thursday earnings will start on time and we have made some system modifications to help speed things along until the new servers are in place. Please note that the placement of JSS-Tripler positions is also behind by about 20 hours at this time. Thank you for your patience.

Karl