09
Apr
stored in: Daily Rambling and tagged:

Been well overworked today, but this post should amuse those of you involved with the system. :)

Before I start, well… you need to take a look at the below screenshot – it speaks for itself.

As you can see, the most expensive blog costs… 262,144 credits… per day. Considering I have around 1,000 at the moment, that is a lot of dropping.

The introduction of the Entrecard credit exchange is what will kill Entrecard.

I will be extremely surprised if it is still around in six months, or a year even.

They are still working on things, but as far as I could tell when I talked to a couple of them in their Live Chat…. they’re deluded. I do believe Entrecard was a great idea, and hats off to Phirate and Graham for thinking it up, but seriously – they have no idea how to monetize it.

As long as you leave yourself open to a third party, Entrecard will always be undercut – mainly by those living in third world countries. Has anyone heard of World of Warcraft gold farmers?

I will be dropping the widget fairly soon, and I suspect quite a few others will – it will be interesting to see what they can do to stabilise this, because at the moment, the old system was way better. Even though I didn’t drop.

Anyways, sorry guys – I don’t really have a lot to say, but just wanted to share an image that some of you would find amusing – guess the 15,800 credits I gave away in my contest (which was worth roughly $80 in old terms) now counts for… nothing. :razz:

Contest

I have updated the contest post (did it early today, so if you claimed anything after that do not worry as I will update again. People have about 2-3 days left to claim prizes; I already mentioned this there, but all unclaimed prizes will go to Blog Premiere. Usable ones, that is; the rest will be discarded. I’m sorry I haven’t sent stuff out, but the problem is that many prizes had more than one winner, and say out of three winners one claimed, and the other two haven’t – I cannot do anything until the deadline for the two to claim / the two actually claim is up, as I don’t want to irritate sponsors by constantly emailing them. Keep tight, it’ll be sorted out soon enough.

Those of you with prizes that I’m in charge of (not sponsored by anyone else) I’d appreciate if you add me on instant messenger, would save a tonne of time. :)

Moving Hosting

I’m in the process of moving hosts to JaguarPC.com – they’ve been around since 1998 and have stellar reviews from what I can see. I also like their live support – every single request I had was answered by live chat within less than a minute, and support tickets were followed up fairly quickly too.

I will not recommend their actual hosting service yet, as I have no idea how good it is – George is helping me transfer Blog Premiere (so if it is down, I apologise :D ) at the moment and TUK will be moved soon enough – if it goes down, you know why. Although Hostcan’s support was exemplary, for some reason their server did not match up with my IP address, leaving me unable to login.

Emails may not work, and I’ve been receiving a few of them from you guys, so if you want anything, email me at my Gmail address and not TUK email address. MSN/Yahoo is there too, of course.

Anyways, I have a bit of work to do so a short post for today; if you want something to read/watch over, take a look at yesterday’s 2,000+ word post that raised a few eyebrows ;)

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23 Responses to “WTF Is With Entrecard?”

  1. VikingBlogger (24 comments) Says:

    Hehe, I know what you mean, I gave away 20000 credits which I paid $200 for in my contest. Hopefully the people winningthem have spent it all. :P hehe.

    VikingBlogger’s last blog post..Entrecard bugs – 262144ec for One Day!

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  2. Geoff (10 comments) Says:

    That’s ridiculous. You’re right, that system is going to crash an burn in the next few months.
    I haven’t dropped a card in two months and I rarely log in anymore. Maybe I should just remove the widget.

    Geoff’s last blog post..Guest Posters Wanted

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  3. Rhys from Retro Garden (1 comments) Says:

    They did say that there’d be 2-3 days of insane prices before everything returns to normal. However, I’m in agreeance with yourself. I just can’t see it getting monetized. Nothing of value that would attract an investor. Shame really.

    Rhys @ Retro Garden’s last blog post..Rate-ro Garden

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  4. George (72 comments) Says:

    It depends how many ads are waiting, according to this:
    http://entrecard.com/docs/doku.php?id=pricing

    George’s last blog post..Showing Your Akismet Count as Plain Text

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  5. Bontb (1 comments) Says:

    Is that April 1st joke? :)

    Bontb’s last blog post..BONTB Now Provides Full RSS Feeds

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  6. Collin LaHay (18 comments) Says:

    Bontb stole my comment. :-)

    A very late april fools day joke.

    Collin LaHay’s last blog post..Two Milestones

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  7. Andrea (14 comments) Says:

    At first I thought the screenshot was a spoof. holy crap.

    Andrea’s last blog post..Take MU and BuddyPress for a spin

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  8. Frank C (8 comments) Says:

    I pulled EntreCard off of OpTempo today. I give it 6 months, tops, before it goes belly up.

    The basic mistake they made was not allowing individuals, ie the market, set the price of the advertising. Oh, and yes, it is entirely unmonetizable traffic for both EntreCard and blog owners.

    Frank C’s last blog post..eBay Category Selection for BANS

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  9. Mark Cuda (21 comments) Says:

    Wow, that’s horrible, too bad for Entrecard. I feel it really was a great idea, just not executed correctly. Too bad :(

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  10. Crystal (5 comments) Says:

    *Sigh* I wish people would READ before they post. The new system was introduced a few days ago and it’ll take a couple of days before it stabilizes. Of course it’s like this NOW. We can only wait and see what happens.

    Do better research next time kid =D

    Crystal’s last blog post..Tuition Woes

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  11. Chetan (75 comments) Says:

    Entrecard is now costlier than the normal private advertising in blogs. Thousands of credits to advertise in a normal blog.

    Chetan’s last blog post..About page – What to include and why?

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  12. Chetan (75 comments) Says:

    And when is this shift of hosting being done? As i already saw the forum down and slow yesterday..

    Chetan’s last blog post..About page – What to include and why?

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  13. Jim (102 comments) Says:

    I think it’s a good move. I mean sure things are messed up now, but if it helps in the long run it is worth it. Not like anything is going to stay at this level…. its just a bit of an inconvenience is all

    Jim’s last blog post..Why Keeping an Idea List is the Best Move You’ll Ever Make as a Blogger

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  14. Mo (22 comments) Says:

    Unfortunately, everything that is “good” out there eventually gets taken over by the wrong crowd and goes to hell… same case with EntreCard. I found some great sites using it and still have the widget — but don’t get a lot of traffic and the traffic I do, the bounce rate is high. Too bad…

    Mo’s last blog post..Newest Forum Creating Unbelievable Buzz in the Blogosphere

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  15. Blog Almighty (1 comments) Says:

    Yeah, our blog costs 2,048EC per drop. And in as much as we wanted to believe we’re THAT famous, we’re only up for only a month. LOL!

    Blog Almighty’s last blog post..Bloglines: Another tool for blasting The Great Firewall of China

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  16. egk (293 comments) Says:

    Its kind of funny to see how many entrecard credits are given away in contests now a days. Seems like everyone is giving them away.
    I definitely noticed the blogpremiere forums were somewhat slow today. Is that due to the move? And speaking of JaguarPC, do they have an affiliate program? Cause I noticed that you didn’t link to such in your post, only to the homepage…

    [Reply]

  17. Jason (703 comments) Says:

    @ EGK, not sure – I will look into it.

    As for JPC, yes, they have a fairly decent affiliate program. I will not recommend them to anyone until I see how good their hosting service is though, which is why I didn’t put in an affiliate link :)

    [Reply]

  18. Aleks (227 comments) Says:

    I still got no Entrecard.
    Yea that was really big post.

    Aleks’s last blog post..Joke – College wife

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  19. Olivier - 7 laws of attraction (1 comments) Says:

    I wonder whether these stats are correct. I see the number of credits to advertise on my blog fluctuating. Sometimes it’s 64, sometimes is double. I thought that they were having some issues, and that they would be solved soon.

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  20. Andreas from Xavier Media (6 comments) Says:

    I have to say that I don’t really like the 2*2*2*2…… payment model they use now. Why not base the prices on how many times the widget gets viewed by someone? Or why not count the clicks on the widget ad (not dropping cards) to calculate the price?

    I think I may drop Entrecard all toghether soon, just too bad I got 10 000 credits.

    /Andreas

    Andreas from Xavier Media’s last blog post..Updates for 2008-04-08

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  21. issa (7 comments) Says:

    nice title jason! LOL =)

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  22. Tamera (2 comments) Says:

    I completely agree with your take on entrecard. I also believe that people are going to begin removing it.

    Tamera’s last blog post..Personal Development and Relationships. What the heck?

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  23. Sam Freedom's Internet Marketing Controversy Blog (1 comments) Says:

    You’re all a bunch of pussies. First of all, “WTF?” is something 13 year olds say. Second, if every time something doesn’t go your way or make sense to you, you cry out like a little bitch, how are you ever going to handle the tempest when something REALLY important goes awry… for chrissake…

    Sam Freedom’s Internet Marketing Controversy Blog’s last blog post..Why It Is Important to Be Thorough

    [Reply]

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