Apr 14th, 2014 Archives

TalkBack
Place your banner here for $215/week or $650/month. Available NOW.
MagnenicExchange
Place your banner here for $210/week or $635/month. Available NOW.
Advertise
Place your banner here for $205/week or $620/month. Available NOW.
MNO News Widget
Place your banner here for $200/week or $605/month. Available NOW.

0

Beware! TradersPoll has stopped paying! Do not invest there!

Hello everybody! Hope you’ve all had a nice Sunday as I had. I’m back to publishing at the usual night (for me) time as I’ve been busy most of the day. I was trying to update my news section in the morning while on vacation, but today I’m moving to the Rioja region in Spain for a week – famed for it’s quite excellent wines which I’ve come to know a thing or two about on this trip – before going back to the Basque Country next weekend. Bilbao, which I left today, proved a pleasant enough city to spend a few days in too, particularly if like me you enjoy the great outdoors. Other than the good food and wine in the evenings there’s some stunning mountain hikes if your prepared to get out there and explore.

The other reason for the late post however is that the program I want to discuss before today’s news section – a brand new addition to the MNO Premium List called TradersPoll – is to be honest a little bit more complicated than usual. Well, maybe “complicated” is the wrong word, there’s actually nothing difficult about it once you get used to it, but if you happen to be approaching TradersPoll for the first time you do need to be paying closer attention than you might to a regular online HYIP. It’s just organized a bit differently, that’s all. But I do feel that the admin has a lot of work in front of him in trying to convince investors that it’s a good idea to join his program. I mean the basics are fine, but once you get to the details and see some of the costs involved in joining TradersPoll (as I shall explain below) it becomes a far more serious decision. Not like a typical HYIP that you can just join for $5 for the fun of it and not really worry about the consequences. So let’s take a closer look at what TradersPoll is all about and whether you think it’s worth taking a gamble on adding them to your portfolios.

Before I get to the numbers, first I need to say a few words on what joining TradersPoll will involve. You should be aware that it will not only cost you a $60 minimum to join, you may also only invest in multiples of $60. So you can for example spend $60, $120, $180, $240, and so on like that. I don’t wish to start a review of what is otherwise quite an interesting program on a negative note, so while obviously TradersPoll is expensive to join it’s also worth noting that as longer term programs go it should be noted that members will actually break even after a relatively short period of time into the term, so the expense becomes at least slightly less of a worry.

I’ll explain that as well in a moment, but first on opening an account with TradersPoll you will next be required to fund your account wallet. Upon doing so, you then need to re-direct your funds from your wallet to the active investment area in order to start earning. This isn’t exactly unique in the HYIP industry, however I do feel it’s something you need to pay close attention to in this program given the high cost of per unit investments. In other words because it’s $60 per unit, if you deposit $100 the extra $40 just sits there doing nothing until you add an extra $20 to make it $120 in total, you see?

The entire point of the program then, allegedly anyway, is to take “paid surveys”. The survey is basically a series of five questions with multiple choice answers, generally related to online e-currencies or crypto-currencies. You pay $60 for each survey you wish to buy (which is your actual investment). Then, for the following 60 calendar days, TradersPoll will give you five questions every day inside your members area which you need to answer. The answers are going to be either “yes”, “no”, or “I don’t know”. You then get paid for your participation. To be honest you don’t even have to read the questions, never mind understand them. You can simply click any of the three possible answers at random, given that there are no “wrong” answers as such.

So if you buy one survey for $60 you answer five questions per day, or if you but two surveys at $120 you answer ten questions, and so on. However all questions will be grouped together in one big list no matter how many individual surveys you have paid for, so there’s no need to start searching through your individual investments. Just keep in mind that if you miss answering the questions for one day you will not be paid, so remember to do this very carefully. It’s very important, and crucial to the entire point of joining in the first place.

And so to the numbers. TradersPoll have a payment schedule where they process all withdrawals every three calendar days. You can see a calendar with their schedule on the TradersPoll website, where, for the remainder of April for example, they will be processing member’s withdrawals on the 15th, the 18th, the 21st, of the month, and so on like that. Interest rates are fractionally above 6.66% per calendar day (it comes to $4 for every $60 deposit) and then paid out once every three days. So while you “earn” money every day, you are only “paid” once every three days according to TradersPoll‘s calendar. The best way to look at it then is that you get paid 20% interest every three days for a 60 calendar day term. TradersPoll have included your initial deposing in these payments so you won’t be getting that back in a separate payment. Total payments should eventually add up then to 400%, or your own money back plus 300% net profit for yourself.

Experienced investors will always have (or at least they should always have) concerns about the sustainability of every program they join, TradersPoll included. The most important point then in any HYIP is when the member breaks even. So if we take a simple example of how a basic deposit might work, let’s say you join TradersPoll with $60, or in other words you “buy one survey”. Every day for the following 60 calendar days you need to log into your account and click the button that says “take the survey”. Five multiple choice questions will appear which you need to answer. The answers themselves are irrelevant. You then need to click the button marked “Put on Output” (don’t worry, it doesn’t mean anything, it’s just something that got lost in the translation from the original version) in order for your earnings to go to your account. This comes to $12 every three days which allows you to earn back your original $60 after five payments, or 15 days into the 60 day term. Everything after that is net profit regardless of how long TradersPoll survives.

Unfortunately if the high amount of money needed to join doesn’t put you off, I think the limited number of payment options probably will. Currently you can only join TradersPoll using either PerfectMoney or Payeer. Withdrawals are as I said processed by the admin manually every three days, and you can see the schedule for upcoming payments on the TradersPoll website. Please note that the times given for processing withdrawals are in Moscow time and range from midnight to 3 a.m. which means that if you are expecting a payment on let’s say Tuesday (random example!), depending on where you are in the world this might happen on Monday night instead due to the script working off a server in a different time zone.

As for the design and security of the program, TradersPoll is hosted on a dedicated server with the support and protection of DDoS-Guard. They are also running off a totally unique script, but unfortunately while it looks solid enough I fear many of you may find it somewhat confusing. The trouble is you see that the original version of TradersPoll is in Russian. Nothing wrong with that, many good programs were the same, but in this case it’s the translation. TradersPoll is available in several different languages, however it’s all done by an online auto translation tool, and the end result isn’t up to much. I mean sure, it’s OK for getting the basic concept across, but it’s hardly professional. Anyway, you can take a look for yourselves and see what you think before spending anything, maybe it won’t bother everyone all that much. Other than that the TradersPoll website is SSL-secured by Comodo for an extra layer of security, and if you have any further questions for the admin or any account related issues then you can get in touch by filling in your details on the online customer support form and submitting it. There are some other channels open to you but personally I couldn’t really vouch for them for the moment. There’s a built-in Live Chat feature in the script for instance, but anytime I clicked it nothing happened. You’ll also see a Skype button and a phone number if you think you’ll actually have a better chance of getting those to work for you.

I suppose the concept of paid opinion polls isn’t entirely new when it comes to online earning, so I guess it was only a matter of time before online HYIPs started hijacking the idea. Generally speaking my understanding of it was that you didn’t need to pay in advance for the privilege, and given that there’s little in the way of verifiable information on who pays the interest and why they need you to answer their questions, I can’t really say anything about TradersPoll apart from they seem like yet another online HYIP. Granted they did try to set themselves apart from the usual cycle of imaginary “ForEx” traders, but nothing has happened that makes me think the risk of playing HYIPs has in any way been reduced. So as always think very carefully before you join anything, only stay well within a strictly enforced spending limit, and if you do decide to join TradersPoll then remember to keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE HYIP INDUSTRY


FINMUTUAL – SERVER MAINTENANCE CONDUCTED

I noticed last night that FinMutual‘s promotional banners weren’t being displayed correctly on the MNO monitor though the site seemed fully functional (banners are hosted on the admin’s server, never my own so I can spot problems faster). It looks as if some maintenance work was still underway at the time so the site did experience some technical difficulties as discussed by the admin in last night’s update:

FinMutual Sunday Maintenance
We are currently conducting maintenance on our server. You may notice Login not working for you on certain web browsers. You can try an alternative web browser during our maintenance time today. FinMutual
”.

At the time of writing however the maintenance has now finished and FinMutual is back online with no visible issues of which the admin reported in this short update:

FinMutual Login Back Online
Thank you for your patience. Our maintenance period is over. FinMutual login is now back online.

I see now that FinMutual‘s promo banners are working again and the maintenance work didn’t really hit payouts at all. Investors in FinMutual‘s 1.8%-2.6% for 160 business days plan are still being paid to SolidTrustPay, EgoPay, PerfectMoney, PexPay, OkPay, BitCoin, LiteCoin, and Payeer accounts. By the way, FinMutual has been paying since July 2013 making the program famous among experienced investors. They already reached the #2 position on MNO which it’s been holding for several weeks now. If interested the full review of FinMutual can be read here.


EBLONE – SITE MAINTENANCE NOTIFICATION

It looks like Eblone‘s website will be down for maintenance for most of the day today, and daily earnings will not be credited to members’ accounts. I’ve noticed already that although Eblone is still online for me the instant withdrawals have been switched off and the online live support is not accessible either. At the same time deposits are still accepted so I hope that’s not a bad sign. The fact that the admin warned us in advance gives hope that Eblone will be back to normal soon. In any case I wouldn’t be investing there just yet and would wait for their maintenance work to be completed. Just for your information, the payments that can’t be made for today on all three investment plans – 1.3% for 60 business days, 1.5% for 90 business days, 1.7% for 120 business days (all with principal back on expiry) – will be added to your account on the coming Friday instead as reported in the following mail I received last night:

Effective Maintenance – April 14
Eblone will be down for maintenance tomorrow (14-04-2014). Eblone is expected to be down from approximately 10:00 AM until 10:00 PM UK time on Apr 14. 2014. Please not that your earnings from April 14 will be added on Friday April 18. We apologize for any inconvenience.
Earnings from tomorrow will be added on Friday ( 18-04-2014).
We expect to be back in a couple hours. Thanks for your patience.
Thank you for choosing Eblone.
Eblone Team
”.


XAXISINC – DEPOSIT BONUS CAMPAIGN TO BE AVOIDED!

Apparently no one is taking the “once-in-a-lifetime” opportunity to get their deposits doubled as offered by Elizabeth, the admin of XAxisInc, so she’s pushing it again today saying that under no circumstances will it be extended, so you only have a few hours to avail. Plans with principal back on expiry include 1% for 15 business days, 2% for 30 business days, 3% for 45 business days, 4% for 60 business days. For newbies I would like to remind you such huge bonuses are almost always a sign of a pending collapse and one last attempt by the admin to collect some easy money before disappearing. Yes, I admit that XAxisInc has been running successfully for two and a half months and made dependable payouts to SolidTrustPay, EgoPay, and PerfectMoney, but this constant stream of promotional emails providing stupidly high bonuses clearly signal cashflow issues. So please hold off from depositing new funds in XAxisInc, at least during the next week or two, and I will keep you updated on what’s going on with the program after this bonus campaign is over:

XAXISINC BONUS UPDATE!
Morning everyone,
I know many of you are not going to make the BONUS DEPOSITS in time.
The BONUS closes in exactly: 17 hours from now. So 7 PM GMT!!
If you miss this bonus do not worry, i am sure we will have chance again in a few months to do another BONUS.
Some people have been messaging me to give them more time and i understand, but i can NOT do that. I can’t trade passed today in the market that i am making this 300% profit margin, therefore the bonus must end tonight. MONDAY NIGHT IN 17 HOURS TIME.
Admin Elizabeth Howgate
”.


BTCARBS – WEEKEND PROFITS REPORTED AT OVER 4% IN TOTAL

The increased volatility in the BitCoin exchange markets over the last weekend allowed BTCArbs, allegedly involved in BitCoin arbitrage trading, to report profits of 4.07% in total for from Friday to Sunday. Friday showed the biggest increase of 2.18%, while Saturday’s profits dropped to 0.8% and Sunday finished at 1.09%. Other items covered include the necessity of changing your passwords due to vulnerable security issues reported by the major sites over the last few days. I remind you that BTCArbs (reviewed here) is monitored exclusively on MNO running successfully for 55 days now and paying like clockwork via SolidTrustPay, EgoPay, PerfectMoney, BitCoin, or direct bank wires. Although the minimum to invest of $50 is not everyone’s cup of tea, this is hugely compensated for by enormous level of flexibility in BTCArbs. For instance the program allows everyone to withdraw any part of their principal or profits at any time while paying from 0.1% to 10% daily variable returns (depending on the program’s performance) which made huge profits for investors already. For the weekend profit reports please see below:

Friday 11th April 2014 – 2.18%
In light of the recent Heartbleed Bug, that affected nearly 2/3rds of the entire internet, and has resulted in online banks and government agencies being closed, our engineers have spent the vast majority of the day upgrading our servers and making other security improvements. When it comes to Bitcoin, security is paramount, which is why we have taken the global heartbleed vulnerability seriously. To help ensure that your BTCArbs account remains secure, we ask that you change your password within the next 72 hours. A separate notice has been sent using our internal messaging system, as a reminder. Also note that any pending deposits that have not yet been credited will be added within the next 12 hours.
The excitement in the Bitcoin world continued last night, with the price dropping even lower. There was record volume on all of the major exchanges, and the spread between the exchanges was incredible. We were finding arbitrage opportunities in places where we’ve never seen them before. For the second day in a row, our profit is above 2%, today being 2.18%.

Saturday 12th April 2014 – 0.80%
After an incredibly exciting 2 days, with the price all over the map, things have calmed down substantially in the last 12-24 hours. The price seems to have stabilized at around $430, though if history has taught us anything, we can expect that to start moving again sometime soon! Along with the price stabilization has come equilibrium between the exchanges, likely caused by arbitrage investors such as ourselves. While we were still able to find a few arbitrage opportunities today, they have been fairly limited. The day’s result is 0.8%.

Sunday 13th April 2014 – 1.09%
This weekend has been a little more exciting than usual, with the price of Bitcoin falling from $428 to $393 overnight. While the volume has been low, as is characteristic of weekends, we have managed to do pretty well for a Sunday. At the time of writing this, a spread of nearly 2% exists between the major exchanges, with even larger spreads when compared to the smaller exchanges. Today’s result is 1.09%.


MNO TALKBACK – PRELIMINARY POLL RESULTS

Continuing the topic of programs exclusively monitored by MNO which includes BTCArbs, I remind you of the currently running poll that readers are welcome to vote in on the MNO TalkBack page. I asked your opinion on exclusively monitored programs on MNO, remembering some of the very biggest hits in the history of online HYIPs. Do you think the return of more exclusively monitored programs will also see an improvement in quality of the programs and the return to prominence of experienced admins with programs running a minimum of 12 months or more? So what do readers think of this?

So far the majority like the idea of exclusive programs and would join. 45.8% say it’s unnecessary to have too many monitors and one single listing on MNO would be enough to satisfy them. 29.2% of voters believe such a program would be OK, but are unconvinced the number of monitors wouldn’t have any influence on their decision to join. And a quarter – 25% – of voters believe that the more monitors a program has the better. It’s important for me to learn what MNO readers think about this, so please take a moment to vote on my TalkBack page as the final results of the poll will be drawn next week.


GET PAID REPORT FOR 14/04/2014 

Here is the list of the programs from my monitor that paid me for the last 36 hours:
From MNO Sticky list: –
From MNO Premium list: DublinCryptoriumLimited, FinMutual, RockwellPartners, InvGlobal, GramStock, RemiTrade, BTCArbs, VaBank,  ForexStructure, TradersPoll.
From MNO Standard list: –
From MNO Basic list: ZeusInvest, OdgenOrganization.

That’s it for today, guys. Thanks for your support of MNO and your votes on the MNO TalkBack page. Don’t forget to like MNO on Facebook and follow me on Twitter, plus a subscription to the daily news is also available by filling in the form on the MNO blog page as well. See you all here again here soon!

Filed under Daily News, Reviews by on . Comment#

PE Recent Posts

Made with an easy to use WordPress theme • skin by