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31/07/2014. CryptoFarm Review and Daily News from the HYIP Industry

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

Hi everybody! So it’s the last day of July, closer the end of the summer now than the start, and my short stay in the Black Forest comes to an end. I’ll be in Switzerland for a couple of more days before home so I’m still enjoying the end of a short vacation, but will always make time to keep up with all the work I have on MNO. Admittedly that’s not been very much this summer, a lot less than in the Autumn anyway, so it’s been nice to take advantage of what little time I do get to myself. Getting on with the business of the day however, the latest new program to join the MNO Premium List is a highly original if somewhat unorthodox project called CryptoFarm. I have a lot of positive feelings about this one, but at the same time it’s going to be very clear to everyone that CryptoFarm is obviously not suitable for just anyone. Not in its current form anyway, though I feel the admin is targeting a much more affluent, bigger spending, and more experienced audience. Indeed so far he hasn’t really been putting in much of an appearance on the more traditional HYIP resources, MNO being the only exception to that while CryptoFarm are much more widely discussed/advertised on the likes of BitCoin forums. The reasons why will become apparent as we look further and further into what CryptoFarm are all about, though it won’t surprise you to hear BitCoin mining is where they claim to be making their money. So when I say I would expect big things from CryptoFarm, I just don’t expect them today or tomorrow, or even in the next several weeks. So let’s see what it’s all about and if you feel it might be a suitable addition to your own portfolios either now when the industry is quiet or sometime in the future when things pick up again.


I want to start as usual with the investment plans, but before I can properly explain what CryptoFarm are offering there’s some background information which is absolutely essential that you be aware of before proceeding. First and foremost, this program works exclusively with BitCoin. None of the more traditional HYIP related payment processors are listed, so no PerfectMoney, no EgoPay, nothing like that. Just BitCoin. I suppose the admin would really prefer to distance himself from the online HYIP industry, but to be honest I don’t really know any other way to monitor them myself. So if you want to join, you are going to need a BitCoin account.

I know a lot of MNO readers already have BitCoin accounts, and although transactions in the HYIP industry going through them are still very much a minority they are still a growing force, and that a lot of investors regard as the long term future of the industry. Easy to see why when we remember what happened LibertyReserve and the tremors that sent around the HYIP world, however I don’t want to stray too far from the point here.

So very briefly then BitCoin is a sort of currency like dollars, yen, or euros. Just not in the physical sense that you can carry it around in your pocket or spend it over the counter in very many shops (though there are some around the world, and the number is growing, that allow digital over the counter shopping). So if you have a BitCoin account you will need a BitCoin wallet to manage it, help you make payments, exchange it for “real money” and so on. From my own experience I recommend blockchain.info though perhaps some of you already have your own favorites that you are more used to dealing with. If not, then blockchain.info is a pretty good place to start in my opinion.

You’ll notice also that when I get to the actual figures I won’t be describing them in the usual terms of dollars, but rather in BTC. You see if you join CryptoFarm you won’t be spending dollars, you’ll be spending BitCoins. The exchange rate between dollars and BTC changes every day just like it does between every currency, so any description of the plans in dollars will be obsolete in 24 hours. However to make things easier for you there are numerous online resources you can use to check the exchange rates of the day. Personally I’m going to suggest you bookmark one that I like to use called preev.com though there are several others if you prefer. Preev also have a very simple, easy to understand, but also well explained video about the concept behind BitCoin, what it is, and how it works. Click here to watch the video.

So if all that is clear, let’s push ahead with the plans. You have three plans to choose from, all of which run for the same term which is 60 calendar days. The first of these will set you back a minimum investment of 0.25BTC. CryptoFarm require all deposits be in multiples of this amount, so in other words you can invest 0.25, 0.5, 0.75BTC, and so on like that. Now, to put that into perspective for you the current exchange rate at the time of writing puts 0.25BTC at just under $145, so I think it’s kinda the bigger fish that CryptoFarm is set up for here. Anyway, in exchange for your investment you are offered a daily interest payment of 2%. Your initial principal is included as part of those payments and so does not get returned on expiry. That means your total earnings should come to 120%, made up of your own money back plus 20% net profit. You reach the break-even point, that is the moment you earn back an amount equal to your first investment meaning you can’t possibly loose anything no matter what happens next, after fifty days.

For a higher interest rate CryptoFarm‘s second option requires a minimum investment of 1BTC. Again they require all investments to be in multiples of one full BitCoin, so if you want to spend more than 1BTC, it will have to be 2, 3, 4BTC, et cetera, and no “loose change” so to speak. The term is the same 60 calendar days, but sees CryptoFarm paying its members 2.2% interest per day. By the end of the term your total earnings come to 132%, from which CryptoFarm again include your principal. So it’s your own money back, 32% net profit, and you break even 46 days into the term.

CryptoFarm‘s third, most expensive, and most rewarding plan takes investments in multiples of 5BTC. So the minimum spend if 5BTC obviously, and if you want to spend more than that it will have to be 10, 15, 20BTC, and so on. For a 60 calendar day term this time the admin offers the top rate of 2.4% interest per day. By the final day those payments should come to 144%, and again CryptoFarm count your principal among the payments so will not be handing it back in a separate payout. That makes it your own money back, 44% net profit on your investment, and a break even point of 42 days.

Without trying to overly complicate what’s basically a very simple concept, it’s probably a misnomer to describe these as “investment plans” in the traditional sense. The three plans are described as “contracts”, and every deposit is an individual contract to be treated separately. For example I myself am in the first 2% for 60 days scheme. In this I have two separate 0.25BTC deposits. In practical and financial terms that’s absolutely the same thing as having one single 0.5BTC deposit, but it is two distinct contracts. Then, in your members area, you will be able to view all the remaining payments you are owed, counting backwards everyday until eventually reaching zero. For instance in my own deposit I am hoping to ultimately withdraw 0.60BTC. So on day one I can see 0.60BTC in my account area, which gradually diminishes as we move further into the term and I make more and more and more withdrawals from CryptoFarm.

This is normally where I’d tell you what your payment options are but I guess that’s pretty much been covered by now – BitCoin is the exclusive payment gateway for CryptoFarm, so if you don’t have an account there then forget it. Slightly off topic from CryptoFarm for a moment though, with more and more online commerce being done via BitCoin it’s probably only a matter of time before you need an account with them anyway, so regardless of how you feel about CryptoFarm you may as well just go ahead and open one whether you have any interest is using it for this program or not. Anyway, if you do join I need to point out that the script works in such as way as to require members first to fund their account balances, so decide how much you wish to spend and deposit accordingly. After you have done that you then need to re-distribute that money between the plan/s you wish to invest in in order for your investment to become active and start earning you some interest. Profits are credited to your balance everyday, and you can either choose to withdraw them or re-invest. Choose to withdraw and your payment will need to be requested and processed manually by the admin. You will need to allow anything up to 48 hours for your transaction to be completed, though that wouldn’t really be under normal everyday circumstances. Generally things move a lot faster than that with CryptoFarm and 12 hours is probably closer to the mark. Still, do allow the full 48 before raising any support tickets.

On the more technical, design, and security side of things I can see CryptoFarm are running off a totally unique and custom-made script, so straight away I would say that the admin is no first timer and knows exactly what he’s doing. The website itself is well built and well organized, and even with the script never been seen before it’s still remarkably user friendly and easy to navigate. For an added layer of protection the CryptoFarm website is SSL encrypted by GeoTrust for safer browsing and more secure transactions. The website is hosted across a network of dedicated servers located internationally, and protected from DDoS attacks by Incapcula. If you have any further questions for the admin or account related issues then currently the best (actually the only) means for members to get in touch is to fill out their details on the online customer support form and submit it via the contacts page.

There’s no doubt that CrptoFarm is one of the most interesting and unique projects I’ve seen launched in quite some time now, and even though there’s a lot of factors outside the admin’s control that will determine its eventual success I think there’s just way too much time, hard work, and expense gone into it to be an intentional fast scam. Information on exactly what they claim as the business activities backing it all up seems to be a bit sparse, the admin deliberately tight lipped on certain aspects of this and describing it as being on a sort of “need to know” basis. I suspect experienced players couldn’t be bothered looking into this in too much detail anyway, knowing what their expectations are in the HYIP industry anyway. And if the CryptoFarm admin prefers to distance himself from that industry then that’s his own business, but that’s how MNO readers will approach his program anyway whether he likes it or not. Outside of MNO however most of the promotional work that I can see seems to be on BitCoin related resources.

For the record though, and it’s not something I believe we can verify one way or another, CryptoFarm claim to be involved in the mining of BitCoins. Not quite an everyday claim we hear in the HYIP industry but not exactly a new concept either. The choice to believe it or not is yours, or to accept that it can only deliver profit without any risk. Even if it were true I think the fact the value of the BitCoins you invest with CryptoFarm can (and will) rise and fall on the exchange markets throughout the sixty day term is by itself a risk. As always then I would like to remind potential members to stay within an affordable spending limits, though on the other hand I think this is one of the very few programs I’ve ever monitored where that’s probably a given, and almost goes without saying. The fact that CryptoFarm is aimed at the slightly wealthier, more experienced players means I hope that most of the people getting involved will be more “clued in” to what they are really getting involved with, and know how to behave. So spend according to what you can afford to lose rather than what you dream of earning, and if you join CryptoFarm then try to keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE HYIP INDUSTRY


ONEADCLICK – 100 DAYS ONLINE AND DEPOSIT BONUS AVAILABLE

OneAdClick is celebrating over 100 days online now and I must say that the admin has done a great job in completing the first investment cycle during that period. The first investors were paid in full on the offered 180% within 80 days (2% for 70 days, then 4% for 10 days), and 200% within 70 days (2.5% for 60 days, then 5% for 10 days). Remember that for a detailed description of the investment plans you should read the review published on MNO here. So take your time and get to know OneAdClick properly before taking the plunge. OneAdClick remains one of the very few programs on the HYIP market still accepting SolidTrustPay, so if you have some spare STP funds you can invest from a $10 minimum, and also via PerfectMoney, EgoPay, PexPay, Payeer, and BitCoin which are all gratefully accepted by the admin as well. Note that just for the next few days a welcome deposit bonus of 5% to 10% will be credited to your account in OneAdClick as a gift commemorating reaching 100 days online. By the way, the figures seem to be pretty confusing as OneAdClick started advertising on online investment forums actually a couple of weeks earlier before beginning to add the major monitors, although the admin seems keen to keep the 100-day mark exactly when the first monitors were added, therefore, making the birth of the program oddly later than actually introduced to online investors. Over the first 100 days OneAdClick has become one of the major successes stories on the MNO monitor and currently sits in the #2 spot on the MNO Premium List (behind the undoubted leader RemiTrade and the Sticky-listed SafeProfitsLtd). Note that you can always check out the latest article on the Top Five Popular Programs on MNO by following this link. The deposit bonus might not be seen as a positive sign by some and might be seen to indicate cashflow issues, but in any case we can’t deny that OneAdClick has become really big and fingers crossed, it will be paying for another 100 days and we will be celebrating that one too. Here’s the latest newsletter from OneAdClick containing all the news on that:

OneAdClick Journey towards 100 Days!
Dear All,
We are Happy to inform that we are about to cross 100 days (Just 4 days left) after getting registered with Major Monitors way back on 25/04/2014.
We thank Members & Monitors for supporting us in this long Journey.
Going through the memories of this journey It gives us much satisfaction as we see users Testimonials and Posts at various forums Praising about the payments and support we provide.
We are done with basic testing of one of our advertising website and soon we would be having Beta Phase and we are not much far before releasing it. To give a brief the site will be an extension / Mixture of PTC, PTP & Traffic Exchange where users will have numerous options and obviously will be linked to OAC. Once the same gets started there will be a huge income and no sooner we will be going Public registering our Company and selling shares to the public.
In order to celebrate our 100 days event all the deposits made henceforth after this mail till 3rd August members depositing Money will get additional 5% (up to 500) to 10% (501 & above) deposit bonus based on volume.
Users are requested to create Support Ticket once they fund their accounts.
Hoping for a great days ahead.
Cheers. OAC Admin Team
”.


GENIALSTOCKEXCHANGE – AVOID COMPROMISING YOUR SECURITY!

I’m glad to see the admin of GenialStockExchange shares my concern about the breaches of security in the program that occurred recently with members with weak passwords (even possibly used by them in any other HYIPs). One such member was completely locked out of his account when a hacker changed his email address and PM account and started collecting the daily instant payouts for himself. This should not be tolerated, and for that reason the admin of GenialStockExchange Mike issued a very important update today urging everyone to tighten their account security by making passwords more complicated and changing the security settings inside of the account in GenialStockExchange to something more advanced. The complete instruction on this is in today’s newsletter from the admin dedicated entirely to security which should not be underestimated by investors. Please read the following email carefully and follow the advice to avoid any problems with your account in GenialStockExchange, after all – it’s your account security and money at stake:

Security!
Dear Investors,
We observed that many investors use a password and a transaction code which are not adequate. They are too simple.
It is always recommended to use stronger and stronger password transaction code.
We suggest you change your password and your transaction code with Strong Password. For that you can use
Strong Password Generator
https://strongpasswordgenerator.com/
Starting today, if you want to change the information in your account (email, id account ecurrency or password) you will need your transaction code.
And AFTER LOGIN change address https://genial-stock.com/index.php?a=account with
https://genial-stock.com/intro.php?a=security and you will see that
Advanced login security settings
Detect IP Address Change Sensitivity: -Disabled -Medium -High
Detect Browser Change: -Disabled -Enabled
Change”.
We take this opportunity to suggest that you also change your password for your email account and add double security.
I ask you to follow our advice because we were surprised to find that many investors do not take our advice to ensure the safety of their genial stock account.
Mike Anderson, admin
GenialStockExchange
”.

For any GenialStockExchange investors whose accounts were successfully targeted by hackers before they had a chance to improve their security as requested by the admin and had their accounts compromised there is another solution available to restore access. Simply follow the instructions by the admin and send the info required to the following email address:

Access account
Dear Investors,
If you can not access to your account, send email to ; admgenialstock@gmail.com
with info: username, email, question secret, answer secret
We will send to you new password.
Mike Anderson, admin
GenialStockExchange
”.

For your information, it’s especially important to keep security extremely tight in your account with GenialStockExchange because the program in most cases provides you with instantly processed payouts. If you haven’t read the full review of GenialStockExchange you can click here to do so. The program remains a very popular choice among my readers and reached #3 on the MNO Premium List after just 54 days on my monitor. GenialStockExchange has already successfully completed three full 20-day cycles during which the program promises to pay you from 6% to 7.5% interest on your deposit (depending on its size) with the minimum of $10 taken via a wide choice of payment gateways that includes PerfectMoney, EgoPay, Payeer, BitCoin, and OkPay. GenialStockExchange is also a part of the latest Top Five Popular Programs on MNO article which can be found here.


AUGOLDPARTNERS – STP VERIFICATION ATTEMTPS FAILED AND MANUAL EXCHANGES AVAILABLE

Despite publicly stating on the MNO ShoutBox many times that the verification of the STP account for AuGoldPartners was imminent, it appears the admin failed in his attempts to do so as AuGoldPartners still only accepts STP deposits manually. Judging by STP’s recent track record with HYIPs this looks unlikely to change. Apart from manual STP deposits and withdrawals, investors in AuGoldPartners stand a good chance of earning up to 4% daily for a duration of 100 business days to PerfectMoney, EgoPay, Payeer, and BitCoin accounts. Apart from that, the admin promised to do his best to offer some lucrative e-currency exchange options for members which will only be available in private on the Live Chat, so if you’re interested please check there and ask. Something tells me though that the admin wants to get rid of the funds he doesn’t want and exchange them to something more withdrawable, if you know what I mean. In any case, never trust any charity offers from HYIP admins and it’s better to avoid using HYIPs for exchanger services at all, especially considering that no authority was given to it by any of the payment processors it handles. Judging only by the performance though, AuGoldPartners have been paying quite well so far and after more than three weeks on MNO it’s slowly but surely getting more popular. Hope the failure to add STP won’t be a setback and the payouts continue for a long time to come. The latest newsletter mostly dedicated to the pending approval from STP can be read below (for the full review of AuGoldPartners please click here):

STP UPDATE!
Dear Members,
As you know we have been trying to Verify our STP account for some time now. I would just like to point out you can use STP manually until that happens. If you login to your AuGoldPartners account and click STP as a Deposit option you will see clear instructions. We also take BTC, PM and EGOPAY as well.
In addition now that funds are growing, we are willing to offer an exchange service. Where members ONLY can contact us on Live Chat and have funds exchanged depending on the funds we have available. No fees will be charged as long as we have enough funds to exchange, given that rule, we may accept or reject an exchange depending on that.
Have a good everyone and long live AuGoldPartners.
John Marrington
Best regards,AuGoldPartners team
”.


MNO DEVELOPMENTS – MOBILE MONITORING VERSION AVAILABLE

As you might already know, I’ve decided to take advantage of the reduced workload in the summer to work on some improvements to my website. So that means my programmer is the one with plenty of work for a change, and he’s now implementing some of the new features I had I mind. So I’ve also decided to give a regular update on my blog concerning any recent development work on MNO in which I’ll let you know what work is planned and what progress is being made in the near future. I already reported on the new image of my index / landing page of MNO and while it’s not the final version – more texts and better accessibility will be added soon – but at least it’s a start. You can also participate by sending any suggestions at abramsonp@gmail.com or via my Contact page.

The most recent development was on the MNO monitor where a mobile, or lite version was added. The regular monitoring page is still the full version by default, but from now on if you have any slow connection, using a mobile device, smart phone, etc, or if you pay for the traffic you can easily switch to the mobile version of the MNO monitor by clicking on the link at the bottom of the page. Temporarily for the next few weeks, the link to the Mobile version will be also located at the top of the monitor menu, so those unaware of the new function will be able to take full advantage. This version won’t contain any images or the graphics and banners you can find on the main page, however, the point of that page is information and to make it easier to check the MNO monitor from a mobile device. You still get the most up-to-date statuses of the biggest HYIPs online. That was no easy task and my programmer spent a long time working on it, so I hope you all appreciate it. You can check the light version of MNO monitor right away by clicking here and bookmark it if you like what you see, so next time you’ll only see the basic info you actually need.

I have many more ideas in mind to implement during the rest of the summer, so stay tuned for more on that.


GET PAID REPORT FOR 31/07/2014 

Here is the list of the programs from my monitor that paid me for the last 48 hours:
From MNO Sticky listSafeProfitsLtd.
From MNO Premium list: RemiTrade, OneAdClickGenialStockExchangeSolidSharePro,
AssuredAssetsUnoBancAuGoldPartners, GepardAllianceLaxoTrade, Sparbs (the first payments received), CryptoFarm (the first payment received).
From MNO Standard list: CashNonStop.
From MNO Basic list: ZeusInvestTrustForexTrade, SuccessRoadToWealthOgdenOrganization.

That’s it for today, guys. I’m taking a day off tomorrow as I only have two days in Basel, Switzerland before returning home, refreshed and ready for new adventures on MNO. See you all on Saturday, and enjoy the summer however you’re spending it. Bye for now and see you all then!

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