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

Hi everybody! If you were reading yesterday you’ll have seen the introduction of a brand new no-expiry date program on my monitor called Cropty. It’s a newly launched HYIP that’s been online since the end of last week, so I guess they’re still finding their feet. At first glance you may look at Cropty as a longer term project, (I know I did), but on closer inspection you’ll see it’s in the same vein as programs like RockwellPartners or its close namesake Cryptory that allow members to withdraw their principals at any time they like. So basically it’s entirely up to yourself whether you want to make Cropty a short, mid, or long term investment.

Anyway, for today’s post I want to focus mainly on Cropty and try and describe what the program is all about. I have to say though that it’s debatable whether Cropty is either too complicated or just badly explained, you’ll decide that for yourselves, but once you have the patience to look through and study the website in depth I think there’s actually a lot to like in the program and the potential for success is quite good if the investing public take to it.

Before I get to the actual numbers then I think it’s probably better to start with the basic premise behind Cropty as I think it’s important to have at least a rudimentary grasp of how they allegedly work to better understand how the plans work. The thing is that there are two strands of income here, one in the form of a traditionally styled HYIP plan – ie a daily interest payment – and a second in the form of your principal increasing in value the longer you wait before asking for it back and leaving. You see, Cropty try to position themselves as a sort of currency. So when you invest, what you really do is “buy Croptys” as you might buy dollars or euros. The difference is that unlike real currencies that rise and fall in value every day, this imaginary Cropty currency only goes up.

So for example if you “invest” $100, what you actually do is buy $100 worth of Croptys. You will earn interest on this $100 for whatever amount of time you decide to stay a member. When you decide to leave and ask for your principal back then, what you do is sell the Cropties back to the admin. You’ll find that the value has increased – it does so by variable amounts everyday – so you get a bigger principal back than what you invested in the first place. The longer you stay (which is the whole idea) the more you get back, though that of course comes at a much higher risk.

I’ll explain more about that in a moment, but for now let’s get to the real business of Cropty which is the plans. There are four of them in total and you can join with either dollars or BitCoins. I’m going to describe them using dollars here for the sake of brevity, but just keep in mind that they are also described using the BitCoin equivalent amounts on the Cropty website.

You can join for a minimum spend of just $0.01 (yes, that’s one single cent) which must surely be a HYIP industry record low. Anything from that up to $200 gets you into what they call The Opti Plan. There’s no expiry term so you leave when you like, however the only condition is that your money is subject to a five day lock-in period. For every calendar day you remain a member of the program Cropty will pay you 1.5% interest. There’s way too many variables in there for me to give you a practical example of how that might work out for you of course, it all depends on your own strategy. Perhaps you have a fixed date in mind, or a fixed financial sum. Alternatively you might simply wish to remain a member indefinitely, and continue earning for as long as the program survives. There’s quite literally as many options as there are investors, so set your own goals and make the necessary calculations yourself.

For deposits starting from a $200.01 minimum up to a level of $500 Cropty have what’s called The Deux Plan. Again with no expiry date, the only catch is that if you join you have to remain a member for at least five calendar days. After that you can stay or leave how ever you see fit at anytime. But as long as you remain a member you should expect a payment of 1.7% interest from Cropty every calendar day. So set your own goals here and draw up your calculations accordingly.

Next on the list for some of the more ambitious players is The Prime Plan. For this one you will need a minimum deposit of $500.01 and in return receive a daily interest rate of 1.9% per calendar day. Once again for how long you receive this payment is up to you to decide, because your principal is waiting for you anytime after an initial five day lock-in period. Cropty‘s upper limit on deposits for this plan is capped at $1,000.

And lastly then for the biggest and most serious investors, Cropty are offering what’s known as The Intra Plan. This is for investors planning to invest anything upwards of $1,000, and no upper limit. As usual your money is subject to a five day lock-in period after which you are free to leave at any time. For how ever long you prefer to stay put though Cropty are promising an interest payment of 2.1% made per calendar day.

OK, so far the plans are all fairly run-of-the-mill and not unlike what you might see in numerous other online HYIPs. But here comes one major difference – getting your principal back. As I explained above, getting your principal back is basically selling your Cropty units back to the admin, only at an inflated price to what you bought them for. So while you continue to receive an interest payment at the fixed rate applicable to your chosen plan, the second stream of income is that the value of your Cropty also increases every day you stay a member. The admin guarantees a daily minimum of at least 0.5%, though that could stretch as far as 5%. Obviously the idea here is to give members some kind of incentive to remain a member for just a little bit longer, though ultimately it’s hoped that Cropty will pay you back a sum greater than what you invested. Again there’s no point in me speculating on how much that could be, as it could literally be almost anything depending on the program’s performance and the individual investor’s personal strategy.

Payment options are the next thing we need to look at, and that brings me to one very important point even the more experienced readers will need to take note of – unlike most online HYIPs your deposit in Cropty will NOT appear in your account instantly. Because of the script the program is running off this will take several hours to go through the system and show up in your members area, so keep this in mind and please don’t start to panic because you think your money just disappeared.

That does sound a bit out of the ordinary, ok, in the sense that it doesn’t happen with many other programs. But once you know about it then it’s fine, so you can concentrate on something a little more enjoyable which is instant payouts. Members will need to log into their Cropty accounts as normal and make a withdrawal request as normal, and once done the payment should appear in their payment processor account in under a minute. The list of payment options itself isn’t great, limited to just PerfectMoney, EgoPay, and BitCoin, but instant payouts may go some way towards compensating for that. However in what is also a very unusual development, Cropty are one of the first businesses I’ve seen capable of making instant payouts to BitCoin as well as the others. I mean we’ve all seen that HYIPs can pay instantly to the likes of PerfectMoney and so on, but anyone using BitCoin usually require you to wait 24 hours. Not so with Cropty who handle it within seconds, so that’s an added bonus for the growing community of BitCoin users in the HYIP industry.

Incidentally, it’s only interest payments that are made instantly. When it comes to returning your principal (that is selling your Cropty back to the admin) you’ll need to allow up to 24 hours for this.

I should also point out the process of making deposits and withdrawals in Cropty isn’t really all that different from most other HYIPs, it’s just that the script they are running off makes it look that way because of the layout. Once you open an account in the program and therefore gain access to an actual members area, you’ll see the appropriate buttons on the left hand side of the page. Buttons are marked “Receive or Send Croptys”, “Buy Croptys”, or “Sell All Croptys For Today’s Value”. On the right hand side of the page you’ll find the instant withdrawal button.

On the subject of design, technical, and security side of things I can’t say there’s any real complaints with Cropty on that level. As you would probably expect from a program with so many unique features, Cropty has a unique and custom-made script to manage them all. For an extra layer of security their website is SSL-secured by GlobalSign for safer browsing and more secure transactions. Hosting is on a dedicated server with the support and protection of CloudFlare. If you have any unanswered questions about the program you think weren’t explained in this review or any account related issues then the best way you can try and raise the admin is to fill in your details on the online support form and submitting it via the contacts page. Cropty also have a Facebook page so if you enjoy social networking sites then you can try and look them up there too.

If there was one thing I’d say I don’t really like about Cropty it’s that I’m not sure if the website itself contains all the necessary information for investors to fully comprehend the investment process. I mean it could be explained better, but that can be taken care of. Otherwise it’s quite unique and eye-catching, and while there’s never any guarantees no matter how good the first impression, it will get the attention of a lot of the more experienced players. I wouldn’t take the business claims made by Cropty all that seriously – were they an actual crypto currency one would imagine you’d be able to spend it somewhere – nor can you verify anything about them being a “private investor club”. But it is a safe enough guess to call Cropty an online HYIP, and so you might be better off proceeding with this in mind rather than anything else. So just like every other program you see on every other monitor, always stay within a sensible spending limit that you can afford to lose, and if joining Cropty at all then do at least try to keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE HYIP INDUSTRY

BITCOFINANCIAL AND VABANK – ON PROBLEM STATUS! DO NOT INVEST!

Unfortunately I have to start today’s update with news of the collapse of the two popular programs among MNO readers – BitcoFinancial and VaBank. Both programs have stopped paying for different reasons so I want to take some time to analyze what might have happened there and what led to this demise.

BitcoFinancial‘s demise was the most discussed subject on the MNO ShoutBox last night and today. No surprise really as the program had reached the #2 spot on the MNO Premium List recently, with the majority of readers citing BitcoFinancial as their favorite program in the current poll on the TalkBack page. This all came to a sudden end last night when the first delays to PerfectMoney and other payment processors were reported. Members started to voice some reasonable concerns, and although this was alleviated for a while by the admin’s newsletter which gave hope that BitcoFinancial might have been affected by some technical issues, alas it wasn’t the case.

“BitcoFinancial – NewsLetter!
Hello everyone,
This is a brief message form our office today in relation to the auto-withdrawal system of our program.
We have been facing some technical security issues with the processing unit and our programmers and management are doing the best they can to resolve this issue so that the auto withdrawals will resume
We apologize for the inconvenience caused. We really need your patience and understanding during this period.
Regards. BitcoFinancial.”

As the admin was extremely helpful and communicative during the first weeks online, that message was enough to calm people for a few more hours, but not indefinitely. As soon as it became clear that withdrawals to SolidTrustPay were still processed (and are still processed!) instantly while all other withdrawal requests went to pending status it raised further concerns and fueled more speculation. Well, for now it’s an undeniable fact and I have moved BitcoFinancial to Problem status on MNO monitor where it belongs, despite the STP payouts continuing. I myself was paid instantly to STP, but have two tiny PM withdrawals still pending from last night, so there is literally no hope left.

BitcoFinancial was noticed by the majority of investors straight after its official launch 38 days ago when the admin started to advertise the program heavily on various forums and monitors including MNO. After a sudden change in the plans with the addition of a no-expiry option the program really exploded. There was some speculation on my ShoutBox regarding massive deposits pouring into the program via such irreversible payment systems as PerfectMoney and BitCoin which probably made the admin Jocelyn realize that she had enough and close up shop. I believe though that BitcoFinancial might have lasted longer if not for a strange not-paying status on one of the monitors yesterday which caused undue panic even before the required 24 hour waiting time. I know that many of us got used to the instant payouts from BitcoFinancial, which nevertheless were never guaranteed and once a program saw even a slight delay the usual panic set in and no one wanted to give the program a chance to continue. We should always realize that such no-expiry plans which are very trendy now and profitable for investors I must say can also be volatile when the panic button is pushed and it might be a serious problem for really huge programs like BitcoFinancial became after just five weeks online. That’s just my own speculation, of course, and the main reason for closing could just as easily be the greediness of the admin and trivial cash flow issues, but the outcome is the same – BitcoFinancial is over and no further deposits are advised.

VaBank was another hugely successful program despite changing the investment plans during the program’s lifecycle while lasting for about 55 days. The program started with lots of investment plans which sometimes only made the program simply confusing. The admin probably realized this as he changed and tweaked the plans constantly. Yesterday apparently saw some cashflow issues come to the fore as the admin did his best to get more money into the program by introducing EgoPay, announcing deposits via BitCoin becoming instant, and even promising to compensate Payeer’s processing fees if people invest in VaBank after funding their Payeer wallets. But nothing helped as VaBank halted instant payouts later last night and the admin hasn’t been seen since then. Perhaps the final day’s unusual activities on the admin’s part was just a ploy to get more money before disappearing as we can’t dismiss this idea either. But one way or another, VaBank is history now and no further investments are advised. Please stay away from it!

FINMUTUAL – THREE HUNDRED DAYS ONLINE

Thankfully not all the news is so grim tonight and a more positive report from FinMutual celebrates 300 days online today. It’s almost unbelievable, but FinMutual managed to run and pay smoothly to everyone since July last year. If you’re looking for a really steady developing program then FinMutual might just be right up your street. The program pays a fixed daily return of between 1.8% to 2.6% for the duration of 160 business days with the original investment already included and so not returned on expiry. The investment minimum starts from $25 and you can fund your wallet in FinMutual by transferring funds via a wide variety of methods including PerfectMoney, SolidTrustPay, EgoPay, PexPay, OkPay, Payeer, BitCoin, and LiteCoin. FinMutual has become that big that recently some admins realized the threat posed to competitors and launched a DDoS attack on Monday which nevertheless had been mitigated successfully. The further determination of FinMutual‘s admin to continue despite the difficulties actually cemented the program’s place in the MNO Top Five, propelling it to the #2 position just behind RockwellPartners. For more information on FinMutual please check out my detailed review here and the latest short newsletter marking the first 300 days online please read below:

“FinMutual 300 Days Online
We celebrate 300 days online today. Thank you for supporting FinMutual for all this time and your continued support as FinMutual remains the longest paying and most successful program online. We also thank you for your patience with the massive DDOS attack from Monday. We mitigated the attack and quickly caught up with the backlog of payouts and had them paid out immediately.”

5DAILYPRO – SOLIDTRUSTPAY ADDED

Only on the second attempt was the admin of 5DailyPro able to verify his account with SolidTrustPay. So now after five weeks online investors could finally make deposits and withdrawals into the 5% to 6% daily for 30 calendar days plan via this wonderful payment processor. I guess the recent example of BitcoFinancial taught some of us a valuable lesson and investors have finally realized that by investing via SolidTrustPay they have a much better chance to succeed and be paid for longer than those who invest via the other payment processors accepted by 5DailyPro such as PerfectMoney, EgoPay, BitCoin, and Payeer. The minimum to invest in 5DailyPro is $10 and the admin promises instant payouts to STP just like the other processors. I remind you that the first attempt to accept SolidTrustPay manually a month ago didn’t succeed and the STP administration asked from the admin to refrain from using their services until more rigorous checks are undergone and the program is properly verified. Now that SolidTrustPay is entirely integrated in the GoldCoders script 5DailyPro uses we can expect everything to run smoothly and the program to be checked out by a larger audience. Anyway, after the first weeks online 5DailyPro proved a serious project that’s here to stay as the first investors completed their first investment cycle a few days ago, receiving from 50% to 80% pure profit on their deposits with 5DailyPro only after a calendar month. Below is the official announcement on the STP addition from 5DailyPro (first reviewed here):

“SolidTrustPay Added As A New Payment Processor
5DailyPro has now started accepting SolidTrustPay as a payment processor. You can now deposit and withdraw the funds using SolidTrustPay. All the deposits and withdrawals will be processed instantly.
Best Regards. Joseph Lloyd”.

EAZZY – FIRST CYCLE COMPETED AND PAYMENT PROOFS POSTED

Eazzy (reviewed here) is yet another decent program to finished its first three week long investment cycle when the first investors got their principals back on expiry yesterday. The admin was really happy with this achievement and even posted some payment proofs of the first deposits returned to the investors who joined his program on the very first day online. In this case we can see that the trust was justified and the early birds do get the biggest worms as the old saying goes. Of course that will be even more impressive when Eazzy finishes the longest of the three plans on offer – 2% for 15 business days, 2.5% for 30 business days, 3% for 60 business days – and return all the principals. I believe it’s just a matter of time though as the admin seems to be determined to show what he’s capable of while boosting advertising efforts recently by purchasing another banner spot on the MNO monitor for an entire month. I hope Eazzy is going to be a big hit soon, despite its relatively high deposit minimum of $50 taken via SolidTrustPay, PerfectMoney, EgoPay, BitCoin, or Payeer. The latest newsletter from the admin David also contains links to the latest payment proofs which you can check out below:

“First Cycle Completed & Withdrawals Proof
This email is addressed to all Eazzy members. We hope you’re all doing well enjoying our service!
Yesterday, May 20th, early investors who invested in “First Capital” were able to withdraw their contribution amounts (also known as principal).
What that means is – the “First Capital” plan runs for 15 business (or 21 calendar) days and at the end we are returning the principal to your Eazzy account balance. Then you can whether request it for withdrawal or make a new deposit using the funds of Eazzy‘s account balance!
For your reference please find randomly chosen withdrawals proof print-screened:
https://eazzy.biz/images/proof/21.05.png
Thank you, David Leighton (Director)
Eazzy”.

WAZATRADE – 25% DEPOSIT BONUS OFFER! WHAT?

Just 24 hours after the review of WazaTrade was posted on MNO blog (click here to read it) instead of introducing it the admin has decided to entice undecided members sitting on the fence by offering a whopping 25% deposit bonus for a limited time only which supposedly expires tomorrow. While I find this offer really alarming I would suggest to skip it and not invest into the 1.9%-2.1% for 60 business days with principal back on expiry WazaTrade is offering via EgoPay, Payeer, or PerfectMoney. Really, does the admin want to ruin his program by sending such emails? The effect from this will be exactly the opposite and experienced investors will think twice now before investing in WazaTrade at all, which despite stable and timely payouts is apparently having some cashflow issues. Clearly the admin is trying to solve this by attracting new deposits in such an amateurish way, while in reality driving people away from it. If you are interested in trying your luck with WazaTrade anyway and the promised 25% deposit bonus please follow the instruction provided in the recent newsletter sent out yesterday:

“Limited time 25% deposit bonus
WazaTrade be happy to inform all member. This week we make good profitable from forex market. So for appreciate our member, we offer 25% deposit bonus.
Example you invest $10 you will get $2.5. This bonus will invested on your active investment and can be withdraw after plan expired (60 days).
Please note: this offer starting from today 21 May 2014 and will end 23 May 2014. We will closing this offer on 23 May 2014.
When you have make deposit confirm us your username via support page, bonus will credited 1×24 hour.
Thank You. WazaTrade”.

GET PAID REPORT FOR 22/05/2014 

Here is the list of the programs from my monitor that paid me for the last 48 hours:
From MNO Sticky list: –
From MNO Premium list: RockwellPartners, FinMutual, Cryptory, InvGlobal, RemiTrade, 5DailyPro, Eazzy, AssuredAssets, OneAdClick, Cropty,  WazaTrade.
From MNO Standard list:  –
From MNO Basic list: ZeusInvest, VictorCoins, UniroyalChemical, OgdenOrganization, SuccessRoadToWealth, RoyalUnionInvestment, TrustForexTrade (the first payment received).

That’s all for today, guys. I know it wasn’t all positive, but the HYIP industry is like that sometimes. I just hope that anyone who lost in the two programs that closed today will hopefully be able to compensate for it in the other programs listed on MNO. Since one of my Top Five popular programs – BitcoFinancial – has dropped out of the list now I’ve replaced it on the current poll on the MNO TalkBack page with RemiTrade (reviewed here) which is another successful program running for six months, delivering instant payouts on the variable daily returns over a 240-business day investment period. So if RemiTrade is your favorite program please submit your vote on MNO TalkBack now! As for the updated article on the Top Five popular programs on MNO Premium List please check it for it on my blog soon. I hope to see you all again soon with the latest news and events from the most popular programs online. Bye for new, everyone!