May 2nd, 2018 Archives

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

Hello everyone, and welcome once again to the MNO blog! And if yesterday, i.e. May Day was a holiday where you are then I hope it went well as for many people it marks the first day of summer. Let’s hope it continues as it starts because I have a brand new program on my monitor that I want to discuss today called UltraFXLimited. The program came straight to the MNO Premium List on day one, actually the admin was already making enquiries a couple of days before the official launch, and as a statement of intent went on to join the MNO Sticky List for the first two weeks just to get the UltraFXLimited name established while still new. So let’s get started and see what it’s all about and whether you think they might be a suitable addition to your portfolio.

The success or failure of any given program hinges on a lot of things, many of them unpredictable and outside the admin’s control. One thing however that’s as good an indicator as any is how well organized the investment plans are, and specifically there are two qualities I always look for – profitability and sustainability. If an admin offers something he can realistically deliver and keep the momentum going for long enough so that a significant percentage of you can come away with more money than you started out with, then sure, I’d say I like the program. At first glance, UltraFXLimited appears to be an example of this. You might be able to find, on the face of it, more obviously profitable programs ahead of UltraFXLimited, but the question is which of them can actually genuinely deliver.

Before I get to the details of the investment plans themselves, I just want to make one point very clear as it distinguishes UltraFXLimited from most of the competition. There are a number of payment options that allow you to join using either dollars or BitCoin, however the plans themselves operate exclusively through BitCoin. That means if you decide to join UltraFXLimited using dollars (investing via PerfectMoney, Payeer, or AdvCash), your deposit simply gets exchanged to BTC for the term’s duration, and exchanged back again once time come for you to be paid. Therefore to remove any uncertainty about exchange rates I’m going to describe the plans using BTC. It is after all how they appear on the UltraFXLimited and in your members account area. If I were to do so using dollars a lot of the information might be obsolete within a day of publication, and anyway, if you need any clarity on the numbers I recommend as a good resource for Live real time dollar to cryptocurrency exchange rates.
In total then you have six investment plans in UltraFXLimited to choose from. These in turn are divided into two categories – daily interest payments with your principal back on expiry, or one single payment on expiry, principal included. Generally speaking though most options are tried and tested in the industry with very similar business models proving hugely successful when managed by professional admins over the years, so I hope this one can deliver similar results. The first and shortest term option will cost you a 0.004 BTC minimum to join, or about $36 at the time of writing (though that may well change by the time you are reading this). UltraFXLimited are offering members a daily interest payment of 2.2% on their deposits, made for a term of 14 calendar days. That would mean your interest payments alone come to a total of 30.8% back on your investment, which is then returned in a separate payment. So you get a total return of 130.8% on your principal, of which 30.8% is the net profit. I think this, in the hands of the right admin who knows what he is doing and is capable of being responsible (insofar as we can say such a thing about any HYIP admin), is quite achievable and can be sustained for some time. The upper limit for deposits here is capped at 0.2 BTC (around $1,830 at the time of writing) therefore making it the most likely option for the majority of investors.

If however you can afford something a bit more substantial and are prepared to take the risk, UltraFXLimited have plenty of other options for you as well. The second plan for example can be joined for a 0.2 BTC minimum, and runs for 30 calendar days. This time the offer improves to 2.4% interest per calendar day, coming to 72%. With UltraFXLimited again adding your own initial principal to that sum, you should leave with 172% in total, which is your money back plus 72% net profit as your reward for joining. The maximum investment accepted from investors in this plan is capped at 1 BTC.

Some slightly less realistic figures now, at lest in terms of what the average HYIP player can afford, but I’ll go through them anyway and you can decide for yourselves. The third plan starts with an entry level minimum deposit of 1 BTC and is held by UltraFXLimited for a term of 50 calendar days. During that time members are offered a daily interest payment of 2.6%, adding up to 130% by the time you receive the final installment. This then becomes 230% on return of your principal as promised by the UltraFXLimited admin, or your own money plus an additional 130% net profit. Maximum spending limits are capped at 5 BTC.

And lastly for this category, the single most expensive option in UltraFXLimited will cost between a 4 BTC minimum to a 50 BTC maximum. The term runs for 60 calendar days with a daily interest rate of 2.9% offered to investors. This eventually adds up to 174% which then becomes net profit once your principal is returned (that is 274% in total).

The remaining two plans see UltraFXLimited change direction. For one thing you once again have at least one affordable investment option, though payments are now made just once on expiry. The fifth plan will cost you 0.003 BTC making it the cheapest of all six (around $27 as I write this). The term goes back to 14 calendar days with members offered a single payment of 145% on expiry. That includes your own principal plus 45% net profit. UltraFXLimited have a maximum limit of 0.003 BTC placed on all deposits here.

And finally probably the least likely plan requires a 2 BTC minimum to join, runs for a term of 60 calendar days, and offers UltraFXLimited members a single payment of 500% on expiry, principal included. The maximum investment limit is capped at 20 BTC.

Moving on to your payment options assuming you want to proceed with a deposit in UltraFXLimited, they’re as good as you might expect from a new program but also a little bit unconventional as briefly mentioned above. As things stand you can join UltraFXLimited using PerfectMoney, Payeer, and AdvCash as regular payment handlers, and BitCoin as a direct digital e-currency. In this case however you might, and I do stress the word might, be better off just sticking with BitCoin. You see, since dollar deposits are only going to be exchanged for BitCoin anyway you can take a lot of the risk out of unpredictable exchange rates by simply going straight to the source as it were. Because if you’re using US dollars, it’s entirely possible that UltraFXLimited will pay you your interest but the value of that interest may be diminished by falling exchange rates when the time comes to convert BTC back into dollars. Now, of course the opposite scenario is also entirely possible, you may very well end up with a lot more money that you bargained for should the exchange rates go in the other direction. Personally I just think the HYIP industry already has a lot of risks without introducing even more surprises and variables into the mix. Anyway, it’s just a suggestion, you can proceed with what ever currency/payment handler best suits your own needs.

The withdrawal process thankfully comes with a bit more predictability. Payments from UltraFXLimited have to be requested by members from inside their account area and will then be handled manually by the admin. Strictly speaking you should allow 24 hours for the admin to make sure everything is processed correctly, but in my own very brief experience it’s currently being done a lot faster while UltraFXLimited is still new and getting established.

Moving on to the more technical aspects of the UltraFXLimited website now such as the various design and security features, the first thing most regular players might notice is the script. It’s under license from GoldCoders and has as you would expect all the hallmark easy to navigate features and customer friendly interface. As for a hosting provider, the admin has opted for DDoSGuard who are dependable enough and are keeping UltraFXLimited on a dedicated server with their support and protection from malicious attacks. To give investors some additional peace of mind you will also see an Extended Validation SSL encryption certificate from Comodo to allow for safer browsing and more secure transactions. On a side note I also see the admin has registered UltraFXLimited as a company in the UK and registered the domain for two years in advance (expires 2020). Neither are especially difficult or expensive, but to me it always shows an admin who isn’t afraid to go the extra distance when spending time and money to get his business off on the right foot immediately from day one. It also helps create the impression of a more professional attitude, and that can’t be underestimated either. One other feature that will help keep things transparent and perhaps encourage reluctant investors is the payment proofs section. Just click the tab on top of the page to see a record of all the most recent payments made to UltraFXLimited members. And if it helps explain things any better you’ll find a decent Get Started page containing details in graphic format, all complemented by an introductory video presentation. Your members area also contains a built in calculator to show you how much you can potentially earn from various sized deposits in each UltraFXLimited plan.

If you still have any outstanding questions for the UltraFXLimited admin that you think were not addressed in this review or any account related issues you need to have dealt with then there are a couple of ways to get in touch. To start with there’s various e-mail support, either by writing directly to the admin at the address listed or else by filling in your details on the online customer support form and submitting through the contacts page. UltraFXLimited also include a telephone number so feel free to give them a call if you really think someone might pick up and answer. There’s a postal address, also in the UK where I said UltraFXLimited are listed, but most of you will know by now to ignore that as simply a virtual office space used for registration purposes. Of a lot more practical use to online based investors are the social media profiles, where you will find UltraFXLimited active on the likes of Facebook, Twitter, YouTube (their video has already been added to the MNO monitor), and Telegram for further Live Support when available. UltraFXLimited have also launched a regional representative scheme where members can play a more active role in things like support and promotion for improved referral commission rates. At the time of writing there has yet to be any names added to the representatives list (not surprisingly as the program is still brand new) so if this interests you then check the UltraFXLimited website for details and contact the admin for any further information you might need to apply.

As for any alleged business activities supporting the program, as you may guess from the name UltraFXLimited claims to operate as a “speculation administrations organization” in BitCoin markets. I won’t claim to understand exactly what that involves, but I do know that experienced investors will appreciate that such claims can’t be researched and verified and know perfectly well to treat UltraFXLimited like any other regular HYIP. For anyone else new to the industry and tempted to believe the story, remember that even if it was true there’s still no guarantee it always has to be profitable. So take account of the risks that go with investing, set yourself a sensible spending limit you can afford to lose and recoup easily from other sources, and if joining UltraFXLimited then use them as a part of a wider more diverse portfolio.

I’ll leave it at that for now, but just briefly before we move on to the news I hope readers won’t mind sharing their own thoughts on the program. Is it a hit or miss do you think? Please vote in the following poll about UltraFXLimited which as always is completely anonymous. I think in the weeks and months to come it will give a more interesting picture about how many people made the correct judgement call about the program and its chances of success right from the start. So:

Will you make an active deposit in UltraFXLimited?

View Results

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Those of you who tried investing in Menchor via BitCoin may have noticed that very often people have to wait for ages for their accounts to be credited with deposits. I have to admit that I myself had to write to the Menchor support as my own deposit was not credited after more than a dozen confirmations in Blockchain network. I eventually had it activated manually by the admin more than twelve hours after it had seemingly been processed. The script issue which only affected deposits via BitCoin and didn’t spoil the experience of those using crypto-currency alternatives like Ethereum, LiteCoin, DogeCoin, Dash, or BitcoinCash, caused frustration for many investors left waiting before they could start claiming their 0.15% to 0.2% hourly income. As I am just about to review Menchor over the end of the week on the MNO blog, I should remind you that you make a deposit for one full calendar year, but your account gets credited on an hourly basis with the option to release your deposit (fully or partially) anytime after 24 hours for a 5% exit fee. That means you can make a profit from Menchor in as little as two to three days, and considering the withdrawals to BitCoin and a couple of other currencies are processed instantly, this investment offer looks very attractive for HYIP investors looking to be in more control of their finances.

Anyway, the latest good news posted by the admin of Menchor earlier today means these BitCoin deposit delays are a thing of the past and that from now on you will enjoy a smoother experience than before. Only one confirmation is now required in Blockchain before your deposit is credited and your investments starts earning 0.15% to 0.2% hourly. Make sure therefore that you take advantage of this wonderful investment opportunity from Menchor that allows you near total flexibility compared to other programs and best of luck with your investments there. Don’t forget to read the full review of Menchor coming on the MNO blog in a few days time and see the latest exciting news from the admin below:

Deposit Delay Now Fixed! More Details Inside.
We hope this message finds you well, wherever in the world you are.
Some of you have gotten in touch to let us know that there was a problem with the speed of our platform receiving your Bitcoin deposits. There were delays that caused your deposits to take up to 4 hours for confirmation.
Obviously, this is way too long. Our top techies looked into the situation and we’re pleased to let you know that order has been restored.
Please proceed to make your Bitcoin deposits in full confidence. Your deposit will be added and eligible for interest after it receives just 1 confirmation on network, which takes less than 15 minutes on average. Back to business!
Thanks for your time, that’s all for now.
Until then, we hope you continue to enjoy your Menchor trading experience.
Best regards, The Menchor Team


The administration of Octoin praised the surge of the OCC currency just a couple of days ago. This proved premature however, as temporary gains have been lost with the OCC rate falling back to about 2.75 USD per unit on CoinMarketCap website. That just proves on how fragile the whole dynamics might be and how all the attempts undermined by the administration to give Octoin‘s own currency a boost have been a failure so far. With the OCC currency being priced at a steep $100 per unit once it was launched a few months ago, the market has dropped tenfold almost immediately. The admin of Octoin had only himself to blame though as shortly before that Octoin converted all member’s balances into OCC at a 100:1 ratio and brought the rightful accusations of being a scam from its own members. MNO had been also forced to move the program to Waiting status on the monitor at a time where it currently sits pending the price of OCC recovering to previous levels (if that ever happens). The investment plan offered by Octoin originally described in the review posted here remains mostly the same, but the interested members are now required to use OCC currency for deposits and withdrawals. I can confirm myself that the program still processes deposits and withdrawals, but what’s the point of that if the price of OCC has been in freefall most of that time. Even the previously advertised vote for the OCC cryptocurrency to be included in the Indodax trading platform seems to have been postponed indefinitely. The only country where Octoin can still sell their own cryprocurrency is definitely not enough to keep the prices high, but according to the latest update from Octoin reposted below, the administration remains positive fr a bright future for the OCC currency. Read more to find out about the official registration of OCC in Indonesia below:

OctoinCoin is officially registered! The rate is rising
We are pleased to announce an increase in the price of OctoinCoin. At the time of writing, its price is $ 4.41, the overall trend is positive.
What is the reason for this? – you ask. First of all, it is connected with the fact that the company is now officially registered in Indonesia, which gives people more reasons to trust OctoinCoin. The impact of this event is very significant, since many holders of OctoinCoin work in the Indonesian market.
Secondly, let’s not forget that OctoinCoin temporarily traded at a level below its real value. Therefore, increasing activity is a natural and understandable process. We will do our best to continue it.
Also, we have news that relate to the process of cooperation OctoinCoin with large crypto-exchanges. Unfortunately, OCC did not get to the Indodax voting list. However, we will definitely participate in the next voting, which means that we have more time to prepare for it, and you will have time to register on Indodax and undergo verification. We will certainly continue to continue working to ensure that OctoinCoin appeared on the most serious trading floors and exchanges that work with crypto-currencies.
OctoinCoin – your reliable partner in the cryptoworld!


Here is the list of the programs from my monitor that paid me for the last 48 hours:
From MNO Sticky list: UltraFXLimited (the first payments received).
From MNO Premium list: AK47Capital, Menchor (the first instant payments received).
From MNO Standard list: –
From MNO Basic list: Snowbit, InvestmentSlots.

That’s all for today, guys. Not much to report but not exactly a bad thing in the HYIP industry which according to the preliminary results of the poll you can vote for on the MNO TalkBack page over 70% of my readers still believe may be quite lucrative for them, if they choose the right programs. I hope you stay with MNO and check out the newly added programs, as only the best from the most experienced admins will find their way to my monitor sooner or later. It’s even less reason for them not to join MNO now that listing and advertising prices have been slashed for up to 50% across the MNO portal for a limited time only (more on that please read in this article). That should result in more of programs listed on MNO once the May holidays are over, so I hope to introduce even more soon. The latest news from the HYIP industry will also be covered for sure, so in order to stay informed please subscribe for the MNO News to be delivered straight to your mailbox, or follow MNO on Telegram, Facebook, or Twitter for all the up-to-date additions and status change announcements to be sent there first. If you have any questions or suggestions on how to make MNO better or more useful for the HYIP investors please do not hesitate to contact me here or chat with me in live mode on Telegram @mnoblog. Enjoy the rest of your May holidays and keep reading MNO – For Money Lovers!

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