Aug 18th, 2008 Archives

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Hi, guys! I’m back from my days off when I published only interviews on my blog and am ready to report to you some news and updates I have known for the last couple of days. Let’s start with the program news and proceed to some payment processor news.

The majority of the updates were connected to the TrustyPig program. First, over the weekend the admin announced a couple of important changes in the program’s terms of service. So all the members of TrustyPig should be aware that starting immediately a) you cannot purchase ad packs from your cash balance and b) members can only cashout to the payment processor they initially upgraded with. In my opinion, both changes are aimed to add stability to the site’s terms in the long run. The admin is doing a good job by removing all unstable options that can threaten the program’s existence for the long haul. And it’s always better to take preventive measures till it’s not too late. Here’s the update from Costy regarding the new updates to TrustyPig‘s terms of service:
UPDATE no. 1
I’ve received numerous e-mails from some of our top members regarding the compound option available on our system. They were unsure that this feature is going to help the future development of our business model and in the end the well being of our advertisers.
These members came with good evidences that having this option turned on is not the best choice for a Traffic Exchange Program and I tend to agree with them as their serious experience in this field speaks for itself. They have been members in very large and impressive programs over the years and are very well documented in this industry.
So from now on the option of purchasing Ad-Packs with funds from your Cash Balance will not be available anymore.
UPDATE no. 2:
Also as all of you know till now you had the possibility to cash out to a different payment processor than the one you initially upgraded with. I thought this would offer the members a better flexibility in upgrading their accounts and that they would use it wisely and not abuse.
But the statistics for the cashouts in the past week have shown that there are several members that upgraded with large amounts in AlertPay and SolidTrustPay and then requested cashouts in LibertyReserve. I don’t know their reasons but it seems that they want to take advantage of this bonus feature (of requesting payments to a different processor than they used to upgrade with).
TrustyPig is not a Money Exchange webiste and was never intended to be one! If we wanted to be one then we would have put some profitable fees in place for the exchanges. For the past few days we paid also some high fees to move funds from one processor to another, though this should have been done by those members themselves before upgrading.
So the second update to the site means that from now on members may only cashout to the payment processor they initially upgraded with.


I remember that someone told me that it’s very easy to run an online program and all the difficulties the admins have are probably a figment of their imagination. Well, I would disagree with this statement as I know there are very many malicious and envious people online who try and will always try to destroy good and well-established programs. It’s because to destroy something is always much easier that to create and such destructive people will always be in this world. For instance TrustyPig barely got over the shock accusations of stealing the design from smartypig’s website when another disaster strikes. This time it was another malicious attempt from an unknown hacker who managed to create a mess and add a lot of fake SolidTrustPay upgrades. The admin of TrustyPig explained the reason why this happened in his today’s update:
It seems that a bad intentioned person exploited a glitch in the script and added several fake SolidTrustPay upgrades to all members’ accounts.
Although the script was tested with Acunetix and no security errors were reported and the SQL injections were disabled all over the website, it seems that the hacker found a way to add fake SolidTrustPay upgrades. THE ONLY FILE responsible for that is the .php file that handles STP upgrades automatically. That file was deleted and the upgrades from SolidTrustPay were disabled for the moment.
We now have to purge our database from these fake STP upgrades but although this might take a few hours it shouldn’t pose problems.

Later in the day Costy reported about the success of his mission:
a) Fake SolidTrustPay upgrades were deleted.
b) Fake credit purchases were deleted.
c) Invalid credit transfers were deleted.
d) All member’s credits were temporarily set to ‘100?, they will be replaced with the correct values as soon as possible.
TO DO:
1) Correct the members’ accounts balances.
2) Correct the invalid cash transfers (mostly invalid referral bonuses).
3) Check the websites added recently to the surfbar, some users took advantage of the situation and added lots of websites, PTCs and banner adverts using invalid credits.
4) Delete the recent withdrawal requests (i wonder how so many users believed that requesting cashouts of thousands of dollars will go unnoticed)
5) Calculate the correct credit balances and add the missing credits to members’ accounts.
I’ll keep you informed about the progress.

In my opinion such challenges will only make TrustyPig stronger although they are taking up the precious time of the admin which could be better spent on more important things like the further development of the program. You can read my detailed interview with Costy and make sure that he’s very serious about his online venture. The interview can be read here.

There’s some good news for the investors that were interested in joining EliteMoney program but only had SolidTrustPay. A couple of days ago the admin of EliteMoney announced that they accept STP now as well: “We are happy to announce that our identity has been verified by SolidTrustPay and we start accepting it as an alternative payment system for all of our customers.” I remind you that EliteMoney is one of my Top 7 programs and you can read my detailed review of this program here.

Another great program that has been running from April without any major glitches is Tradelite. The program is offering three investment plans: 118% after 20 days, 147% after 40 days and 194% after 60 days. Tradelite currently accepts three e-currencies for upgrades: LibertyReserve, PerfectMoney and AlterGold and the payouts are processed instantly when your investment plan matures and you request a withdrawal. So since my deposit expired a couple of days ago and I was paid instantly as usual. I decided to go with 60 days plan (the longest one). Having only 20 day and 40 day plans before now I’m pretty sure that everything is going fine in Tradelite and according to my calculations and from my previous experience I can state that Tradelite will stay online at least till Christmas. Therefore I chose to invest in the 60 day plan and hopefully it will bring me some good profits. For more information regarding Tradelite program please refer to my interview with the admin published here.

Another great program I’m enjoying huge profits from is SafeAtom. One of my deposits expired yesterday and I promptly received the principal back without any delays. So having one more deposit in SafeAtom now I calculated my profit from the expired deposit and it was 400% (300% + principal back). It’s a very good achievement for 150 days (I remind you that SafeAtom is paying 2% for 150 days) and note that I achieved this without even compounding a single cent. I just imagined what my profit could be if I compounded as described in my article here and it definitely took my breath away! Anyway, for those interested here is my detailed review of SafeAtom program.

It seems that a popular autosurf program 8DailyForever is completely back on track after recent difficulties with crediting member’s accounts which was caused by DDoS-attacks on their server:
The program seems to be back to its usual calm self…..surfing is smooth and the number of “HELP!!” emails to support is finally back to normal. Phew!! We have weathered the storm!
Many thanks once again for your patience, understanding and kind words. We have the best group of members in the world!

T3Surf program from the admin Paul Shinn (the interview with whom I published yesterday, read it here) is going quite good and having more than 110 members already after just 6 days online. Of course, many members’ deposits were transferred from CapitalizedInv program but the process is not finished yet: “Transfers of deposits from CapitalizedInv are being initiated now. Some have already been completed and still doing the rest.” So if you had a deposit in CapitalizedInv please don’t hesitate to register in T3Surf and then contact the admin with the details of your deposit. Also the admin of T3Surf reminded the members of his program today to assign credit to their websites so they will be rotated and shown to the other members. Anyway, it’s the additional value of an autosurfing program compared to an HYIP.

Payment processor news.

Of course the main topic for conversation in world of payment processors over the last couple of days was the sudden disappearance of AlterGold possibly due to DDoS-attacks. I remind you that AlterGold has already experienced prolonged downtime in the past, sometimes up to a week long. So it was not a big surprise for me. There was no sign from their AlterGold administration for the first day offline although now you can see such a written message instead of their site: “Dear Customer, We regret to inform you that the AlterGold website is currently under DDOS attack at this moment. All efforts are in place to bring the site back online as soon as possible. We apologize for any inconvenience caused by this interruption to service.” In my opinion, it’s quite strange why they didn’t update their customers via their blog on exactly what efforts they made to bring AlterGold site online as soon as possible. I remind you that three days already passed and it’s becoming ridiculous about AlterGold‘s attitude to their customers which deserve more info in my opinion. Heck, even LibertyReserve gave us more info regarding their downtime. I had to contact Majeed from BlockDos that is currently hosting AlterGold‘s website and here’s his reply to me without going into much detail: “I can’t disclose much info except that they are having some technical issues and they will be back soon“. I hope that at least this small piece of info having come from their provider will cool off some desperate heads that already started to scream “scam” on forums. Surely I don’t like the attitude of AlterGold to this downtime issue or their inability to properly inform their customers about the current state of things but I don’t think they scammed and ran away with the money. Anyway, let’s hope that everything will be alright soon and I will keep you updated on my blog.

By the way, after moving to Prolexic it seems that LibertyReserve is feeling great and there was no significant downtime noticed for the last month. I hope it will continue its stable work. There’s another update that LibertyReserve team wanted to bring to its clients attention: “Please note that any web site, other than LibertyReserve, displaying LibertyReserve logo is doing so against the law and warnings from our legal department. LibertyReserve logo is a copyrighted product and can not be displayed on a third party web page without prior WRITTEN approval by our legal department. If you come across such company, please forward us the link to business@libertyreserve.com and keep in mind that they are already doing something dishonest. If company steals our logo, they may steal more.

It seems that PerfectMoney processor is becoming more popular with every day and the latest long update on the PerfectMoney website was devoted to the success it’s achieved already and the plans and goals for the future, some of which are quite challenging. But I hope after reading the interviews with PerfectMoney representative Andrew Draper that were published on my blog here and here you have already realized that there’s nothing that can’t be achieved by this new and bold payment processor. I consider that this latest update called “We are going to become financial elite of the Internet” from PerfectMoney deserves to be published on my blog without editing.
A constant perfection and the unbending development vector are some of the priorities of PerfectMoney electronic payment system. A constant development is very important for us and we are doing everything to keep our customers well-informed.
However, PerfectMoney figures that the stability of all the users is not a less important priority. So, in order to protect each of our clients from the possible mishaps and incidents, we have canceled the possibility to deposit and to withdraw the funds to the system via Webmoney and E-gold. The latter one was excluded in view of a liquidity downswing and the charges of money laundering brought by the US government.
As it was already said the administration of PerfectMoney has terminated the partnership with Webmoney, a Russian system that has put PerfectMoney into a number of the western payment systems which are not worth the trust. Such policy of Webmoney doesn’t comply with the strategy of PerfectMoney development.
PerfectMoney also marks a sharp increase in a number of the exchange services allowing the exchange, purchase and sale of PerfectMoney e-currency. In addition to the list of the exchange services in the official directory of PerfectMoney, there is a great number of the non-authorized exchange services that are always ready to exchange, deposit or withdraw PerfectMoney.
The Statistical Reporting Service of PerfectMoney has marked a significant increase in the index of the popularity in CIS countries and China. The analysts of PerfectMoney think that the evident reasons for such growth of the clients from the eastern region are the leaving of E-gold and E-bullion from the market and the strengthening of the Webmoney’s legal policy.
As a result of the successful promotion in Eastern Europe very soon the interface of PerfectMoney will be translated into Polish. Our aim is to speak to the customers in their native language.
Also we aim to be the most open and democratic payment system on the Internet. Our public relations department is in a constant contact with the Internet mass media which enables every client to learn the latest news from the own lips of the administration of PerfectMoney.
One of the purposes of PerfectMoney is to make the system available for all sections of population. We have canceled all the limitations of the amounts loaded by bank wires. Now you may deposit into and withdraw from the system the amounts necessary for your business on the Internet. We don’t limit our customers in purchase/sale of gold and e-currency. Build your financial strategy the way you wish.
A mass popularity of PerfectMoney does not allow us to lower the level of work with the finances and we succeed in this. The specialists of the system will keep offering our clients a plenty of the innovations to ease the work within the system. Follow the development of PerfectMoney and keep track of the latest e-finance innovations.

I had several requests from my readers to tell more about a very new but already popular payment processor called StrictPay. Well, I was a bit skeptical about this StrictPay processor from the beginning but now when several programs including UniCreditInvestment and MegaLido started to accept it I reconsidered my opinion. I heard some good words from Ingrid, the admin of UniCreditInvestment and Michael, the admin of MegaLido regarding StrictPay which they consider to be a very convenient and solid payment processor. I promise you to introduce to you this payment processor soon after investigating it further. But I already included StrictPay in my list of recommended payment processors so I will update from now on regarding major changes that will happen in this payment processor. And here’s the latest info from StrictPay admin where he announced the lowering of fees for funding your StrictPay account via LibertyReserve:
We have lowered our fee for loading funds from LibertyReserve to your StrictPay account from 7.9% to 5.9%. We found a better way to exchange our funds and wanted to pass the savings on to our members. We believe these changes will help keep us growing far into the future. Thanks for your time, and please continue to let the merchants you use know that you want them to offer StrictPay as one of their payment options. Have a great day.

This was all the news for today. I just wanted to add that I was paid from the following programs during these three days: MegaLido, Tradelite, T3Surf, e-Confidence, AgriFund, SafeAtom, EliteMoney, MaxShare, UniCreditInvestment, BristolCapitalGroup, ApolloInvestGroup and RamiCapGroup (my first payment).

By the way, I added another interesting program to my list of monitored programs. It’s called RamiCapGroup and offers only one plan: 2.5% for 120 days so you will get 300% on your investment. The minimum to invest is only $5 and LibertyReserve and AlterGold are accepted for deposits. Though RamiCapGroup is only online for a couple of weeks it has already got some well deserved feedback from the investors. Being hosted on a powerful DDoS-protected server with SSL encryption I think RamiCapGroup has a good chance to become a well-known program soon. The detailed review of the program will be published on my blog tomorrow. So stay tuned and see you then!

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