October 2010 Archives

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Hi, guys! I was really enjoying the Indian summer in Zurich today and it was strange for me to watch some people getting tanned and even (OMG) swimming in Lake Zurich in October. Perhaps it’s just me refusing to believe my eyes as I’m traveling Europe and not Israel where October is still hot and a good time for swimming. But it’s Switzerland, for God’s sake and even though it’s my first time here I really didn’t think it would be so warm so late into the autumn. Maybe these really are the consequences of global warming which is talked about so much these days. Who knows!

Well, back to the news from the HYIP industry. We start with a lengthy and important update from the administration of UniteTrade and its admin Andy (interviewed here). The program just successfully celebrated it’s sixth month online and to mark the occasion I published an updated review on MNO (which you can read here). Really, it’s not the regular occurrence in the HYIP world when a program paying such big returns over such short terms (120% after 7 days and 150% after 15 days) is able to boast such a long lifespan.

Of course, UniteTrade will not last forever and everybody should be perfectly aware of that. But as we see how it’s going at this particular point with so many new features added on an almost daily basis and the rapidly increased level of advertising activities resulting in huge growth with 200 daily sign-ups it would be simply unreasonable to miss this opportunity and not to take a gamble such a promising short-term game. The new features announced in the latest newsletter from UniteTrade tonight are simply amazing, making me think that the admin is starting to deliver his program to a totally new level and establishing it as one of the industry leaders and possibly the first huge hit after the recent slowdown in the HYIP world. Would anybody believe that a tiny program that started in the middle of a seemingly collapsing industry back in April would survive for such a long time and gain such huge success in six months? Well, it leads me just to just one conclusion (as we can definitely rule out the possibility of real investments here) – the admin of UniteTrade Andy is a really talented promoter who knows how to manage a program and reach such high levels to makes it very possible that it could sustain several more cycles and possibly months considering the industry is slowly getting back to its normal state.

Of course, such newsletters announcing the new features will contribute to the growth as well and so I will just briefly outline the most important points that were touched on (in case you’re too lazy to read it till the end!). So here are the main highlights of the latest newsletter from UniteTrade:
1) The latest updated review on MNO which can be found here.
2) Stable high level of growth in UniteTrade recently resulting in 200+ daily sign-ups.
3) Expanding its customer support to successfully manage the rapid growth by implementing Skype and phone support with opening hours and support staff which will be first available in English and Hungarian (the first phone line is based in Hungary).
4) MNO sponsorship cash contest which will be launched in the next few days and which will be aimed at raising the awareness of the program and awarding some cash prizes to the members answering the questions correctly (please stay tuned as you will be updated about the beginning of the contest in advance on MNO).
5) Request by the admin to not send money directly to AlertPay, LibertyReserve and PerfectMoney accounts but rather to do it via the site and your members area. Also he named all the accounts owned by UniteTrade‘s administration so you won’t pay to scammers taking advantage on the programs’ popularity and people’s naivety.
6) The possibility to make investments in UniteTrade via credit cards using AlertPay’s interface which should attract more investors that prefer to deal with verified payment processors.
7) Emphasizing the instant payments and the request from the members whose withdrawal request for some reason went to pending status to contact the support immediately (with expected maximum time to reply of 24 hours).
8) The presentation of the newly updated FAQ section of the website where you will find all the answers to your common questions which you should read in any case before contacting the support.
I hope I made the main points from the recent newsletter from UniteTrade understandable but if you are still curious to read it in full please take a look:

Hello UT Members,
Hope you all are enjoying your weekend. I have more reasons to make your weekend, and your future days with UniteTrade, more enjoyable.
First of all, I would like to express my heartiest thanks to Paul of MNO, for publishing a second review on UniteTrade today. Thank you, Paul, for the effort you have put in to publish the review. Those who would like to read the latest MNO review on UniteTrade, may click on the “Reviewed by MNO” banner, which can be found on the left hand side of our website, or may directly follow the link, http://money-news-online.com/blog/2010/10/02/02102010-unitetrade-updated-review-and-daily-news-from-the-industry/ .
As most of you are aware of, when a program begins to attain momentum, and starts to gain popularity than ever, more people come forward to join such a program, to take advantage of the lucrative money making opportunity offered by such a program. Well, UniteTrade is no different than such a program, and as of the moment, we are receiving 200+ member registrations a day, which is really amazing. However, if such a program need to sustain itself, and in order to control for such a program, a skilled management is definitely needed, without any doubt. We have passed six months, half an year of being online, without any hassles, and to make our future journey even more hassle-free, we have decided to recruit some people, to work on behalf of UniteTrade.
As we had promised in our last newsletter, we have implemented telephone support, and support through Skype. The Skype username our support personnel will be using is unitetrade.support . Please note that, the said username will be the only Skype username we will be using, and not to trust any other Skype usernames.
Members and visitor who would like to reach us by telephone may contact us at +36 21 2021983. As of the moment, telephone support is available only in English and Hungarian languages. We are still working on the implementation of telephone support in Russian, Chinese, and possibly other languages. Telephone support will be available as per the following schedule:
Weekdays : 08:00 GMT to 24:00 GMT
Weekends (Only Saturday) : 06:00 GMT to 23:00 GMT
We have got another exciting news for everyone. In the next few days, we will begin to sponsor contests in the MNO thread for UniteTrade, where we will be asking questions, that will be pretty much easy for you to answer. The person who will be the first to give us the correct answer for the asked question, will be awarded the cash prize accordingly. So stay tuned for our next newsletter, to hear more about the said contest, from us.
Members should please make sure that they make deposits into UniteTrade, through the script, after they log in to their account. Please do not send us payments directly from your e-currency account to our e-currency account, as it will be hard for us to keep track of the deposits. In addition, please make sure that you are making the deposit to the right account. The e-currency accounts used by UniteTrade, are:
Liberty Reserve Deposit Account – U4947852
Perfect Money Deposit Account – U2463465
AlertPay Account – admin@unitetrade.com
Some members asked us if they could make deposits using credit card through AlertPay. However, due to the lack of such a feature in our script, members cannot make a deposit like that in the usual way. However, you are more than welcome, to make a credit card payment through your AlertPay account, directly to our AlertPay account. After successful transaction, you should contact us, by providing us your username, the transaction details, and the plan in which you would like to invest, so that we can credit the deposited amount to your UniteTrade account
It has come to our notice that a very few members have had some issues with instant withdrawals. Members whose withdrawals, if any, go to pending, should contact us immediately, so that we can solve the issue. It is enough to send one support ticket within 24 hours. Please do not send us multiple tickets for the same issue. We usually get back to you within 12 hours, but never late than 24 hours. If you fail to get a reply from us within 24 hours, which is of zero chance, you are welcome to send us another ticket regarding the issue, and we will look into it.
We have updated the F.A.Q section of our website, and have made available most of the common questions, with answers, there. Here is the link to the FAQs if you wish to take a look, http://unitetrade.com/?a=faq . We hope that the updated FAQs, will help you better than before.
That’s all for the time being. Stay tuned for our next newsletter, with more updates regarding the forum contest. Enjoy your time with UniteTrade.
Regards, Andy. UniteTrade.

By the way, I hope you enjoyed the daily cash contest that was held on MNO forum in the specific thread and was sponsored by PawnShopFund (reviewed here). The last question from that contest was asked today and the lucky winner was “reklama2000”. As I can see the first cash contest proved to be a success and so I decided to make it a permanent feature on the MNO forum so both the admins could effectively promote their programs and the users could get some more cash prizes. I think it’s a perfect win-win situation for everybody so I’m glad to announce that the next sponsor of the contest will be WorldPrivateFunds (reviewed here). Perhaps you are aware by now that WorldPrivateFunds has proved to be a successful program for over 10 weeks already and the extra exposure on MNO will help them win the hearts of the investors who like a good gamble and at the same time help investors get some cash prizes by answering some easy questions. I remind you that WorldPrivateFunds accepts LibertyReserve, PerfectMoney and SolidTrustPay to the following plans: 0.9% for 10 business days, 1.1% for 30 business days, 1.4% for 60 business days, 1.8% for 90 business days, 2.2% for 120 business days. On all the plans you will receive your principal back on expiry and to get more information about the program you can also refer to my interview with the admin of the program Samuel which is published here. He’s quite an active admin by the way who sends daily updates to his members so hopefully the start of the contest on the MNO forum will be announced in the next update from him as well. I just remind you that the first question of the contest will be available in the newly created forum thread here so check it often. I remind you that one question will be posted there every day for the next 10 days and the first forum user (click here to register your account) to submit the right answer (or the nearest guess if no right answers are submitted) will get $5 direct to his/her LibertyReserve account. That is it works with the cash contest sponsored by WorldPrivateFunds. Regarding the contest which is going to be sponsored by UniteTrade I don’t have the details from the admin yet but I will keep you posted on MNO about when it’s going to launch. So we will already have two cash contests running on MNO forum simultaneously giving you an even bigger chance to earn some money for yourself. So sign up on MNO forum and check out Cash Contests threads daily for your chance to win free money! Good luck with that, guys!

You might have noticed that the website of OilStructure was not available for some time last night. Straight away there were some rumors appearing online despite the fact that all the withdrawals prior to the downtime had been paid in full. Well, the fears proved to be groundless and the program successfully re-appeared today, issuing a short update regarding the reasons of the downtime which seemed to be purely technical. Here is the update that was published on the site of OilStructure today:
The site was under reconstruction from 00:00 till 06:00 UTC. It’s available now. Sorry for inconvenience.
Well, I simply cannot believe that investors are still panicking simply because a website was offline for a few hours. The most important thing is the payouts – if they are paid then there is nothing to worry about in my humble opinion. Especially this is right when you’re dealing with such serious and established programs like OilStructure which is already ranked #3 on MNO monitoring and has paid steadily for over four months already which made its site among 7,500 most popular sites in the world. I myself am now in Stage C which enables me to receive 2.2% profit like clockwork on every calendar day. If you want to read more on OilStructure and its unique plans please refer to my extensive review of the program which was published here.

Take FxTradingWorldwide for instance. The site has been inaccessible for me and some of my readers since last Tuesday but now the admin promised to solve the issue by tomorrow and I believe he will do his best to achieve this. I can already load the main page of the website which reads the following:
Under scheduled maintenance: to be completed within Monday 4th, October 2010.
So I will update you tomorrow if it’s accessible or not and will decide on whether I will be keeping FxTradingWorldwide on Paying status or moving it to Waiting status if it is still not accessible.

The admin of PremiumGain announced the beginning of a referral contest that will take place within the next six days with a total prize fund of $350 that will go to the first three lucky winners. I remind you that PremiumGain is a short-term program paying instantly and on expiry to LibertyReserve and PerfectMoney for three plans: 106%-128% after 1 day, 135%-175% after 5 days, 180%-350% after 10 days (more on that in my review here). So far I had no complaints about the program and since it’s already five days online the first payouts on expiry from the 5 day plan should be processed by now. If you’re one of the lucky ones please let me know on my Shoutbox. More different features were announced by the admin of PremiumGain which are going to be implemented next week like SSL installation for safer investing, Live chat, and bi-lingual support. These changes of course will be featured on MNO as soon as I get some additional information. Here is the latest newsletter from PremiumGain:
We are happy to announce our first referral contest. It will start from Monday the 04.10 and last till Saturday the 09.10. So get ready, stretch your fingers and start referring!
Top 3 referrers will receive sweet cash prizes:
#1 $200 prize, #2 $100 prize, #3 $50 prize
Additions information:
*Only those referrals that has joined during the contest will be counted and will determine the winners.
*The cash prizes will be sent to winners e-currency accounts within 1 day after the referral contest ends.
http://premiumgain.com/?a=cust&page=contest
During the next week some upgrades will be added to PremiumGain:
1) site will be equipped with SSL security to keep your accounts safe;
2) a Live Chat option will be added to make the support even faster for our members;
3) support will be available in two different languages – English and Russian!
Stats: Running days 5, Total accounts 859, Active accounts 495, Total deposited $ 31,746.92, Total withdraw $ 9,514.35
Referal page you can see here – http://premiumgain.com/?a=refs10
”.

Another popular short-term program EarnPlaza (reviewed here) has paid for 14 days already so I guess the first payouts from their 160% after 15 days plan will be seen tomorrow. Other two plans in EarnPlaza include 110% after 5 days and 130% after 10 days and they are already active and in Paying status (I’m going to be paid on 5 day plan tomorrow and will keep you updated once this happens). With the recent addition of AlertPay a couple of days ago as well as a few other useful features EarnPlaza definitely became more popular among the investors so I couldn’t miss the opportunity to ask a few questions to the admin who looks pretty experienced. He sent me the answers a few minutes ago so I’m going to publish it on MNO tomorrow. Don’t miss it!

It looks like the admin of InWolton (interviewed here) is really determined to issue daily newsletters about the activities of their program and I applaud his decision as it clearly shows a willingness to make the program more popular as well as his positive thinking and serious attitude to promotion. But to advertise InWolton is just a part of his intentions as the other part is clearly to give you some motivation for self improvement. I think such inspiring emails definitely deserve to be read by MNO readers and not only by those who invested in InWolton. Maybe it will give you some education about the ForEx market where InWolton (reviewed here) is allegedly involved or raise your interest in motivational psychology which will be a great help in achieving your goals in life. Be it one or another the last two newsletters from InWolton were received by me within the last 24 hours and I’m republishing them below in full:
“Do not go where the path may lead, go instead where there is no path and leave a trail.” Ralph Waldo Emerson
Glad to see you again my friends! We are very happy that our everyday news have a good impact on you. More and more people are grateful to our big team for such a good everyday motivation. And you know what? We will keep doing this forever!!!
Leaders… Who are they? What are they made of? Can you become a leader or you have to be born as a leader? All this questions bother many of us every day.
We are so excited to see somebody who can lead the crowd without telling them that they are being led. And I have to tell you that this is a very hard job. It is extremely difficult to stay leader when somebody say yes and the others say no. And the leader always has to make the right decision. He has to be courageous, wise and forgiving. And of course you may not disagree with me, but leaders aren’t born, they are made. Because only those who went through the tough life journey can become a real leader.
I want you to watch this short video. I hope you will like it.
http://www.youtube.com/watch?v=nqsf0XynGz8&feature=related
So, now let’s check our financial report for Friday.
Total Forex balance $71677, Forex transactions number 17, Company’s income $1700 (2,3%), Advertising $0, Customer’s gross profit $1230, Company’s net profit $470, Customer’s investment $1052, Customer’s withdrawals $910, Total reserve fund $4337, New customers 9
InWolton’s education
Spreads

The simplest explanation of a spread is that a spread is one of the main ways your broker makes money from you. However, we need a more detailed explanation than that so here it is.
Forex quotes are always provided with bid and ask prices. The bid price represents the price at which your broker is willing to allow you to open a short position at. The Ask price is the price at which they are willing to let you open a long position.
Whenever you open a long position to close it you have to open a short. When you open a Short to close it you have to open a long.
So let’s take the pair above, as the example, and say we just opened a long on GBP/USD at 2.0418. If we want to sell it right now, the second we bought it, we can sell it at 2.0414. This means we immediately lose, as we sell it for less than we bought it. So as soon as you buy you are already a slight bit behind. Your goal as a trader is to wait for that price to move up. When the bid price moves up to 2.0419 you are profitable.
So if you hit the sell (short) button the broker will give you an entry at 2.0414.
If you hit the buy (long) button the broker will give you an entry at 2.0418.
The price inbetween is the spread, and that is what the broker pockets when you make a trade.
Joke of the day
Old aunts used to come up to me at weddings, poking me in the ribs and cackling, telling me, “You are next.” They stopped after I started doing the same thing to them at funerals.

“Sticks in a bundle are unbreakable”. Kenyan Proverb
Hey folks! You probably thought that we will leave you alone on weekends and won’t post our news. Well, guess what? NO!!! We really aim to become the part of your life. We want to become a newspaper which you will read in the morning with a cup of yummy tea.
The topic of today’s report is teamwork. I truly believe that you can do nothing without a good team. The best example is InWolton’s team. We are so different and unique but we have the same aim and make steady progress towards it. And this is the main point of any team: everybody does his own job but sees the only aim!
The other important thing is that somebody can always motivate you to grow and will always lend his shoulder. Teamwork divides the task and multiplies the success. Because it is way better to share every victory with your crewman.
Please, watch this great video and you will see the difference.
http://www.youtube.com/watch?v=WO4tIrjBDkk
So, now let’s check our financial report for Saturday.
Total Forex balance $71722, Forex transactions number 0, Company’s income $10, Advertising $0, Customer’s gross profit $0, Company’s net profit $0
Customer’s investment $55, Customer’s withdrawals $210, Total reserve fund $4355, New customers 9
InWolton‘s education
What is a Pip?

A “pip” is the smallest increment in any currency pair. In the picture of the bid/ask quote below the space between the 2.0404 bid and the 2.0408 ask is 4 pips. The last decimal at the end of each quote is the pip:
So if you enter a long position on GBP/USD at 2.0400 and it moves to 2.0450 by the time you close your position you have made a 50 pip profit. If you enter a long position, again at 2.0450, and close at 2.0570 you have made 120 pips profit. Pay attention now, because this one is important. If you enter a short position at 2.0400 and the price moves up to 2.0450 you lose 50 pips. Remember, short means you want the rate to go down.
When you go long you want the price to go up. When you go short you want it to go down. The units the prices goes up and down in is pips. Since a pip is the last decimal at the end of each quote for GBP/USD a single pips is 0.0001. Keep this in mind as you will need to use this soon.
Joke of the day
A doctor, a lawyer, a little boy and a priest were out for a Sunday afternoon flight on a small private plane. Suddenly, the plane developed engine trouble.
In spite of the best efforts of the pilot, the plane started to go down. Finally, the pilot grabbed a parachute, yelled to the passengers that they had better jump, and bailed out.
Unfortunately, there were only three parachutes remaining.
The doctor grabbed one and said “I’m a doctor, I save lives, so I must live,” and jumped out.
The lawyer then said, “I’m a lawyer and lawyers are the smartest people in the world. I deserve to live.”
He also grabbed a parachute and jumped.
The priest looked at the little boy and said, “My son, I’ve lived a long and full life. You are young and have your whole life ahead of you. Take the last parachute and live in peace.”
The little boy handed the parachute back to the priest and said, “Not to worry, Father. The ‘smartest man in the world’ just took off with my back pack.

I’m sincerely grateful to everybody who participated in this week’s MNO polls which will help me understand better what my readers want and deliver it to them. The first poll of MNO Readers Profiles series asked your favorite movie genre. The runaway winner was Action movies (30% of MNO readers). That was followed by Sci-Fi (18%), Comedy, Horror and Romance (13% each), Drama (10%) and Western (5%). Well, I believe the HYIP industry can be sometimes compared with a good action movie and it requires sometimes harsh actions to win in the battle for money and your profit. I don’t know about romance but it also has its share of comedy, horror, and drama as well. And of course is just full of cowboys, lol!

The next question in the MNO Reader Profiles series is about your gender. Really, it will be really nice to know how many ladies are among the readers of MNO. I’ve always thought that men account for much higher proportion of HYIP players than women, based largely on my own mailbox. But you might prove me wrong in the next poll that is available for voting in the bottom of my right sidebar.

Another poll located in the bottom of my right sidebar usually asks your opinion on some things from the HYIP industry. This week we were about to determine your favorite exchanger. So, no surprises here as xChanger.org was named as the most popular. 37% votes went to them and I understand why. Perfect support, wonderful design, unique script, featured discounts, fast completion of the exchanges – this is not even a complete list of the interesting features that really make them the best in the market. You can read more about xChanger in my interview with Andrei that was published on MNO here. Of course, the only bad point about xChanger might be that you can exchange your e-currencies alright but you cannot fund your account in any e-currency or withdraw funds from it to your bank account. There were other exchangers that can do that and that also listed in the poll. Second place went to GoldExPay.com which is the favorite exchanger of 18% of MNO readers. The third is SwapGold.com with 13% votes, followed by Wm-Center.com scoring 11%, M-Gold.com – 5% and ExtremeXchange with 3%. The “Other exchanger” option was taken by the remaining 13% of voters. You know that it was impossible for me to name all of them but I believe that the poll was honest enough as I tried to list all the popular exchangers which I was aware of and even changed one possible variant after a request from a reader. I hope you liked it and again, thanks for voting!

The next poll on MNO concerns MNOFridays which I skipped this week due to too much news from the HYIP industry and too many reviews. Also for the last issues of MNOFridays I didn’t receive the positive feedback I was hoping for. So I was wondering if MNO readers really want to know the harsh truth about how the HYIP industry works or if they prefer to believe what the admins have to say and skip the inconvenient truth. I remind you that the links to all six issues of MNOFridays can be found in the first post of this forum thread. Obviously, MNOFridays will not be so frequent when the HYIP industry recovers so I would like to know the answer to this question that will determine the future of the piece: What is your honest opinion of MNOFridays? The possible answers are:
1) I believe that it’s a very useful section for me as it helps me understand how the industry really works.
2) I think it’s a useful section but I already understand the industry well enough and so I don’t mind if it’s done less frequently.
3) I guess there is no need to scare off potential investors by this section since the industry is getting back to normal.
4) I think it’s useless because I don’t believe what you say and still think that I can find real investments from HYIPs.
Thanks in advance for your answers and I hope you will help me decide the future of MNOFridays and its role for MNO readers!
Both polls will be available for voting for the next week and results will be drawn again on Sunday.

I have been paid today from the following programs:
UniteTrade, FundsOMatic, Vodapex, OrderDollar, PremiumGain, CherryShares, YoKapital, GainBucks, YesInvestment, EzProfit, Flamanta, VividTrade, EMSFinance, OilStructure, EarnPlaza, RedOrchidInvest, InWolton, FiboTradePro, PawnShopFund and InternationalCommerce (the first payment received).

That’s it for today. I hope you’re ready for the new week in the HYIP industry and I will do my best to keep you updated on the latest news right here. Please stay tuned and stay on the money with Money-News-Online!

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