Are these Vloggers just a scam? SOL or Shmee etc???????

[DonkeyApple]

RSK21 said:

DonkeyApple said:

What if there are suitable individuals watching the videos? It can't be the case that everyone watching is unsuitable?

It doesn't matter where the client is based an EU firm is obliged to apply the same terms. It's why many of the Cysec firms are opening operations in places like the Marshall Islands as Cysec is actually being forced to regulate the entities under their remit.

Re that website, I'm not sure that Guido keeps it all that up to date since Google changed their algos quite a few years ago and traffic collapsed.

We are in grave danger of derailing this thread but I imagine absolutely everyone watching classifies as a Retail Customer.

The sign up process was extremely simple and it's laughably easy to see what answers need to be skewed to either pass or raise the "it's your fault don't say we didn't warn you but crack on if you wish" flag.

I don't think it's too much of a derail as people are make no assumptions in their accusations and I think it's fair to look at the assumptions. For example, you do need to reject enough applicants on suitability just to show the regulator that you are conducting a practice to their guidelines so it would be a clear failure if everyone who watched was classified as suitable.

A campaign like this one is only going to yield a modest number of live accounts and they'll need to be funded at around industry standard levels if the broker is to stand a chance of the deal being worth while in direct commercial terms so there either needs to be a significant bending of the guidelines or some of the people who watch the channel are higher net worth than people think?

[Shmee]

RSK21 said:

Have you ever read the comments section under a Shmee, SOL, JWW or STG video ?

The youngsters are the most vocal but we are still talking something around 4% under 18 of the total audience.

[anonymous-user]

Shmee said:

The youngsters are the most vocal but we are still talking something around 4% under 18 of the total audience.

96% of your subscription base is over 18 ?

I have to say I am genuinely astonished at that.

[anonymous-user]

DonkeyApple said:

I don't think it's too much of a derail as people are make no assumptions in their accusations and I think it's fair to look at the assumptions. For example, you do need to reject enough applicants on suitability just to show the regulator that you are conducting a practice to their guidelines so it would be a clear failure if everyone who watched was classified as suitable.

A campaign like this one is only going to yield a modest number of live accounts and they'll need to be funded at around industry standard levels if the broker is to stand a chance of the deal being worth while in direct commercial terms so there either needs to be a significant bending of the guidelines or some of the people who watch the channel are higher net worth than people think?

DA

I doubt we are going to logic this one out.

In your professional life you have seen enough of the industry to feel confident in the checks and balances

In mine I have seen enough regulated businesses go wrong despite the above.

My view of T212 is not a positive one and it exhibits behaviours / sends messages that for me raise eyebrows.

There's not much more I can add.

[Truckosaurus]

RSK21 said:

Shmee said:

The youngsters are the most vocal but we are still talking something around 4% under 18 of the total audience.

96% of your subscription base is over 18 ?

I have to say I am genuinely astonished at that.

Indeed. As has been mentioned before, if you are some schoolboy and you sign up to YouTube, are you going to tick the 'I am over 18' box or not....?

[Digga]

The next scandal is always going to be one the toothless FCA has not yet got their gums into. IF not this, something very similar is clearly going to be next because you can very easily see where it all unravels.

[anonymous-user]

anonymous said:

[redacted]

No such request made of me yet.

[jonm01]

There are no companies on the end. Its just a gambling site made to look like actual trading AFAIK

[DonkeyApple]

RSK21 said:

DonkeyApple said:

I don't think it's too much of a derail as people are make no assumptions in their accusations and I think it's fair to look at the assumptions. For example, you do need to reject enough applicants on suitability just to show the regulator that you are conducting a practice to their guidelines so it would be a clear failure if everyone who watched was classified as suitable.

A campaign like this one is only going to yield a modest number of live accounts and they'll need to be funded at around industry standard levels if the broker is to stand a chance of the deal being worth while in direct commercial terms so there either needs to be a significant bending of the guidelines or some of the people who watch the channel are higher net worth than people think?

DA

I doubt we are going to logic this one out.

In your professional life you have seen enough of the industry to feel confident in the checks and balances

In mine I have seen enough regulated businesses go wrong despite the above.

My view of T212 is not a positive one and it exhibits behaviours / sends messages that for me raise eyebrows.

There's not much more I can add.

I don't disagree with you. In my direct, personal experience, I believe that the majority of mainland European OTC retail brokers are nothing short of criminal enterprises in their scant regard for the regulatory framework. Cyprus is merely the face of this filth. But as someone who runs a small firm I do have a keen interest in the social media marketing aspect. I'm yet to see such marketing produce any form of viable lead but if 212 got reputable clients from their sponsorship that exceeded expenditure then it would be something I would look to do. My personal experience to date is that this medium doesn't deliver any accounts that would pass genuine suitability but I have an open mind as my experience in that field is limited.

[anonymous-user]

anonymous said:

[redacted]

Thing is the only debt is to the house as it's little more than spread betting.

[DonkeyApple]

RSK21 said:

anonymous said:

[redacted]

Thing is the only debt is to the house as it's little more than spread betting.

Yup. A spread bet is a CFD. They are the same thing. As OTC contracts your main objective is not to lay off the trades but net the flow in-house, run some risk and lay off the excess.

[ferrisbueller]

Per above, I think these platforms are unethical.

I was made aware of an range of applications the other day for spread betting using, of all things, FIFA points. Another avenue for dragging kids into gambling.

I think YouTube et al should be going out of there way to track down and remove such advertising. I also think brands should take more of a stand in terms of their links and sponsors, especially if there's evidently plenty of money swilling around in the first place.

[jjr1]

As if it could not get any worse I watched this tonight.

https://www.youtube.com/watch?v=HvaU6ETXAtA

Follows a Mercedes G500 around the streets and talks about performance whilst being overtaken by a Toyota Yaris and every other fking cab driver within 10 miles. If this is the future of car journalism it is not 'awesome' it is just 'ste'.

[Japveesix]

Yeah but he's Living The Supercar Dream!

[Shmee]

jjr1 said:

As if it could not get any worse I watched this tonight.

https://www.youtube.com/watch?v=HvaU6ETXAtA

Follows a Mercedes G500 around the streets and talks about performance whilst being overtaken by a Toyota Yaris and every other fking cab driver within 10 miles. If this is the future of car journalism it is not 'awesome' it is just 'ste'.

I'm getting bored of saying I'm not a journalist. This video is sharing an experience and 120,000 people have watched it in 7 hours so clearly there's some interest there.

You very specifically are not the target audience, so why are you wasting your time watching it?

[jjr1]

Shmee said:

jjr1 said:

As if it could not get any worse I watched this tonight.

https://www.youtube.com/watch?v=HvaU6ETXAtA

Follows a Mercedes G500 around the streets and talks about performance whilst being overtaken by a Toyota Yaris and every other fking cab driver within 10 miles. If this is the future of car journalism it is not 'awesome' it is just 'ste'.

I'm getting bored of saying I'm not a journalist. This video is sharing an experience and 120,000 people have watched it in 7 hours so clearly there's some interest there.

You very specifically are not the target audience, so why are you wasting your time watching it?

A very pertinent question.

I do not subscribe to your channel but Youtube throws up a series of suggestions for videos I may be interested in. Yours is one of those suggestions. I love cars and most importantly supercars/sportscars. Over the years I have watched and enjoyed various Youtube newcomers and given the opportunity to watch a new video on a Bugatti Veyron, I thought I would click on yours.

I can not in anyway argue with your viewing figures or success with regard to that but the fact you frequent PH makes me wonder if you secretly harbour a desire to be recognised as an authority rather than a clickbaiter?

[Shmee]

jjr1 said:

I can not in anyway argue with your viewing figures or success with regard to that but the fact you frequent PH makes me wonder if you secretly harbour a desire to be recognised as an authority rather than a clickbaiter?

To be honest as you can see from my post count/time, I was posting on PH before YouTube existed in its current form, and many years before I even uploaded a video. The reality is that if I created content now that was what PH users wanted to see, the view count would be so small that the model wouldn't work as a business and therefore I wouldn't be doing it at all. Bit of a catch-22!

[NickCW]

I quite enjoy Schmee's videos, some more than others granted but overall it is a different form of media to traditional car shows.. and vastly better than a lot of other content on youtube.

It costs me nothing to watch and gives a nice insight into a different world, I for one quite enjoy a lot of the behind the scenes pieces you would normally never see, Aston factory, Goodwood etc..

But then I am quite young and own a Morgan, so perhaps I'm slightly odd?

Either way, thanks for the content Schmee.

[jjr1]

Shmee said:

jjr1 said:

I can not in anyway argue with your viewing figures or success with regard to that but the fact you frequent PH makes me wonder if you secretly harbour a desire to be recognised as an authority rather than a clickbaiter?

To be honest as you can see from my post count/time, I was posting on PH before YouTube existed in its current form, and many years before I even uploaded a video. The reality is that if I created content now that was what PH users wanted to see, the view count would be so small that the model wouldn't work as a business and therefore I wouldn't be doing it at all. Bit of a catch-22!

I can't counter argue with that sort of honesty........

Joseph Heller has a lot to answer for.

[KillerHERTZ]

Keep up the good work Tim - looking forward to your AMG GT-R Videos