Reason MyLot Stopped Paying - They're Greedy?

United States
December 15, 2015 11:32pm CST
"Now, that it had accumulated so much content and does so well in Google, it’s time for MyLot to cut loose all those people who had been helping them built their website. With much content on its website, MyLot does not need to pay people to provide content or traffic to the website. They can keep all the revenue. This latest move by MyLot had got nothing to do with sustainability or bankruptcy and in my opinion, has everything to do with greed." This is a section I took out of an article I found online about MyLot. The writer is speculating that myLot stopped paying their members a while back simply because of greed. I am not really sure why myLot stopped paying a while back, and it's really not my place to question them. However, I don't believe they would stop paying because of greed. That just doesn't seem like myLot to me. Besides that, they started paying again. If they were being greedy, they would have never brought back the earning system. I think this guy has myLot all wrong. and it's unfortunate he feels the need to share negative things like this about myLot. Do you write about myLot outside of myLot?
MyLot had closed its earnings program many months ago and here's my opinion as to why MyLot had gone on this path.
14 people like this
18 responses
@owlwings (43915)
• Cambridge, England
16 Dec 15
Yes, the writer of this article (which is over a year old and was written well before MyLot was regained and reborn by the original owners) has it all wrong. It is purely one person's opinion - and a poorly informed opinion, at that. That person, by the way, has since returned to MyLot and is active here. In fact, @UmiNoor may well wish to modify or qualify her views! The REAL reason that MyLot stopped paying was that they were actually paying too much (so much so, that they continued paying the members for many months even when the staff weren't getting paid). At that point, the business was transferred to new management who decided to end the earnings program. In July 2015, the original owners took over the site again and re-opened the earnings program with a new earnings algorithm which should take into account the variabilities of income and thus ensure that the site continues for a long time. If you are here primarily for the money (as the article's author freely admits was her main reason for being a member), then there is no way that the earnings can be considered a reasonable return for the time spent. MyLot has never claimed that anyone would earn a living here. It is up to everyone to decide how valuable their time is to them and nobody is being forced to participate if they don't feel that it's worth their while!
6 people like this
@dpk262006 (58675)
• Delhi, India
16 Dec 15
@owlwings - very well said.
2 people like this
@Hatley (163781)
• Garden Grove, California
17 Dec 15
@Angelee_27 yes I did too and it would be interesting to hear what they think now.for me I loveit just as I did the first time; you too were on bubblews? I re member you from some where lol.
1 person likes this
• United States
16 Dec 15
Wow, I think I have interacted with that person before. I had no idea that was who wrote that. I am curious to hear their opinion of myLot now verses then.
1 person likes this
• United States
16 Dec 15
Most of the time people who write those types of articles are the same ones who didn't use the site properly to begin with. Mylot did stop paying, but they did come back. They have also never been unfair to legitimate members.
6 people like this
• United States
16 Dec 15
I agree. Anytime I have a problem, the admin personally take care of it in a timeley manner. They have always paid on time, and most of the time early. I find myLot very trustworthy and I think they really care about their members.
3 people like this
• United States
16 Dec 15
@Angelee_27 They've proven to be better than any other platform around.
2 people like this
• United States
16 Dec 15
@ScribbledAdNauseum I don't know of any other website that has been around as long as myLot and is still doing well and paying. They all seem to close down within a couple of years.
2 people like this
@dpk262006 (58675)
• Delhi, India
16 Dec 15
The person who wrote this article seems to be a nut. To write an article without any supporting facts and data is absurd. Also, it is always easy to criticize any site/ anyone. I do not like to see or read these kinds of articles. I am here on mylot since 2007. Even when mylot stopped paying, I remained loyal to mylot and never left the site. For me this is the best site, I do not feel like checking any other site.
1 person likes this
@dpk262006 (58675)
• Delhi, India
17 Dec 15
@kiran8 - Yes, I fully agree with you that such kind of articles are not worth reading and they should better be ignored.
@kiran8 (15348)
• Mangalore, India
17 Dec 15
I too have been on this site since 2008 and all those members who had accumalated a certain sum were paid before the site stopped paying so what has been written is just rubbish ! Anyway, there is no need to pay any importance to such articles written out of spite !
1 person likes this
@zebra2222 (5269)
• United States
16 Dec 15
Time will tell if myLot can remain profitable.
3 people like this
• United States
16 Dec 15
Well, they previously went a straight 7 (I think) years of paying their members as promised. That's a long time! I trust myLot.
2 people like this
@much2say (53941)
• Los Angeles, California
16 Dec 15
When it happened, I admit I wasn't too happy about it. I could write about my feelings and complaints, but I wouldn't dare write about "why" it happened - simply because I don't know. Perhaps some felt they had to vent - and putting their opinions out there was the only way to get their frustrations out - I don't know. All the rest of us could do was move on. In any case, myLot did open their doors again. They had their reasons for doing it, whatever it really was, and well, we had our reasons to come back!
5 people like this
• United States
16 Dec 15
@much2say @ScribbledAdNauseum I think they do a fantastic job of managing the website. If they feel something needs to be done, who am I to question it? They always seem to do what they truly feel is best for the website as a whole and try to make the members happy.
2 people like this
• United States
16 Dec 15
Right! That is exactly what they were doing! They were doing something right, for all of us "Seasoned lotters" to come back.
4 people like this
• United States
16 Dec 15
@sharon6345 Right! They don't really have to pay us, this is not a "job". They owe us nothing. Our earnings are simply a generous incentive for participating in the myLot community. That's how I feel about it anyway.
2 people like this
@yukimori (10143)
• United States
16 Dec 15
Yeah, it totally didn't have anything to do with the fact that the site was transferred to new owners who decided to change things up. Nope, it was all based on greed! Isn't it funny how the ones who accuse sites of acting out of greed always seem to be highly motivated by it themselves?
3 people like this
• United States
16 Dec 15
@yukimori It is his loss if he doesn't want to participate in the myLot community. Some people just have to find something wrong with everything and are never happy.
2 people like this
• United States
16 Dec 15
lol it doesn't even make sense!
2 people like this
@yukimori (10143)
• United States
16 Dec 15
@Angelee_27 It does if you look at it as what it is: them projecting familiar thought patterns (their own) on others.
2 people like this
@GardenGerty (157865)
• United States
5 Feb 16
We here know the facts. I want to point out at least one fallacy in the article. If myLot were earning from content, they would continue to need new and fresh content. It would not make sense to shut it all down and just use the old content. It would be very stale.
• Valdosta, Georgia
16 Dec 15
I am sure she would take her opinions back now. I do write about MyLot on different places but I don't say anything bad about them-I have defended them actually.
@Hatley (163781)
• Garden Grove, California
17 Dec 15
I too have nev er had anything bad to sa y and Im just glad that they are back and pay ing. I have fun here like you do.
@hereandthere (45651)
• Philippines
16 Dec 15
i wish mylot told us back then how we could help i don't know about content and traffic, but i don't remember seeing a mylot post among the results when i'm searching for something, then and now, unlike other paid-to-post sites. mylot was a discussion site and i treated it as such. i don't remember full length, informative articles with sources citations back then i still wish and hope for a slow and steady mylot now that it's back
1 person likes this
@owlwings (43915)
• Cambridge, England
16 Dec 15
There was actually no way in which the members could have helped. MyLot could have reduced the earnings, lied through their teeth about the reasons and finally refused to pay many of the members as a certain other site did. Instead, they continued to pay reliably and wound down the site in an orderly and fair manner (albeit with not a lot of notice). They have earned much respect for that and the way that many of the old members have returned is a testimony to that.
1 person likes this
@jstory07 (135085)
• Roseburg, Oregon
18 Dec 15
If they were greedy they would not have started to pay again.
@TheHorse (207500)
• Walnut Creek, California
17 Dec 15
When was this piece written?
• United States
17 Dec 15
@TheHorse That's true, I didn't think about that.
• United States
17 Dec 15
The article is dated: 2014-10-09
1 person likes this
@TheHorse (207500)
• Walnut Creek, California
17 Dec 15
@Angelee_27 Ah, before the site started paying again? But Not way back when? They could be referring to either group of owners, couldn't they?
@Morleyhunt (21745)
• Canada
19 Dec 15
There will always be negative comments. Free speech can be a blessing and a curse.
@Mike197602 (15487)
• United Kingdom
16 Dec 15
when old mylot changed and stopped the money i didn't mind that i just didn't like the new site. then membership just dropped like a stone. a few stayed around throughout the spammy stage but i gave up after a while and have only recently returned. I do like the setup here but fully admit i miss the old look even though it had problems and was a bit clunky. I quite often look stuff up on the old site with the way back machine and the old look makes me nostalgic
• United States
17 Dec 15
I did miss the old myLot, but I have become comfortable with the new layout and all. It looks a lot more modern and easier to navigate for me.
@fishtiger58 (29823)
• Momence, Illinois
17 Dec 15
I have only been here a week so what happened before has no bearing on me. I really like it here.
@Hatley (163781)
• Garden Grove, California
17 Dec 15
no but if I did I would not say that as i never knew really why they quit but there were some on the old mylot that wanted it to be like 'facebooi andwere vocal about not wanting to write just to socalize. I do not know why they stopped and would not write an article claiming i did as thats just speculation and not facts. Im just glad that once more the new mylot is paying and they are a good honest admins here.
@rosekiss (30380)
• Eugene, Oregon
16 Dec 15
At this point, I don't care, as they are back to paying again. People just like to start trouble more than anything. I didn't read the article, as it probaly all propaganda anyway. If that pwerson is here, then she now knows what she said in here article, doesn't hold any weight at all. Mylot has never been greedy, as if they were, they still wouldn't be paying us, plain and simple. I do think by them changing the algorithm gives them more money to deal with, so that we can get paid. I am just glad that we are all getting paid again.
@softbabe44 (5816)
• Vancouver, Washington
16 Dec 15
Well it might be this person is jealous and just wants to talk about something he knows nothing about.
• India
16 Dec 15
I was not here before and i am new so i am not well aware of mylot..even i have not reached a payout but i believe in mylot, its quite good interactive platform with earning oppertunity, the reason why i believe is its not possible to cheat without paying in this kind of interactive platform, if they really dont pay it will get spread within minutes in this platform only, so till the time it is successful there is no scope to such fake newz/reviews