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

Hi everyone! A couple of news stories to catch up on today which as usual I’ll be getting to shortly in the second half of today’s update, but I can’t let it pass without saying how exciting things are finally starting to look again in the HYIP industry. There are plenty of promising new programs starting up this week, two of which I’ll be introducing to you in the news section (so please keep reading) and one which I’m reviewing below. Hopefully there’s going to be at least something in there between them to suit the tastes of most readers, but if not then not to worry, I have no doubt there’s going to be plenty more new high grade projects starting up soon enough anyway that will also be listed on MNO.

First on the list of items for discussion today though is a brand new HYIP just added to the MNO Premium List called PurpleWealth. And I do mean brand new as in hot-off-the-presses as MNO was the very first monitor the admin came to for listing. Clearly he expects big things from his program, and to an extent I share his enthusiasm as the program does look to be fairly well thought out and organized. That and the fact that this type of program – PurpleWealth allows members to establish their own investment terms, therefore being free to treat them as a short, medium, or long term program according to your own preferences, has played a very strong role in the industry in recent times. Before the news then I want to take a closer look at PurpleWealth for you, what their plans are, and see if think you have room for them in your portfolio.

Starting with the investment plans then, PurpleWealth basically only have the one though this in turn is broken into a number of sub-sections depending on how much you’re looking to invest. In other words like most HYIPs you are encouraged to risk higher amounts of money by being offered a higher rate of interest in return. Like I explained in the introduction of the program on my blog last night, PurpleWealth is another of the ever popular perpetual, money-back-on-demand style programs which have definitely been the single most dominant group in the HYIP industry in recent times. So you join, PurpleWealth offer you a daily interest payment, you collect this for as long as you remain a member, and when you feel the time is right to leave you just ask for your money back and go. I mean I can’t say exactly that PurpleWealth will be popular, but the type of thing they do has often been popular in the past so it’s a good start I suppose. So let’s take a look at the numbers, shall we?

It’s quite affordable to join PurpleWealth, with investors needing only a minimum of $20 to become members. Anything from that up to a maximum deposit of $599 should see PurpleWealth pay you back an interest rate of 2.6% per calendar day for how ever long you wish to remain a member. When you are ready to leave you need to ask for your principal back which should be returned without any fees, leaving the interest payments as your eventual profit.

And that’s more or less how things continue, the only difference being bigger investors are offered bigger payments. For example, for investors looking to play with amounts from a $600 minimum up to a high of $1,599 PurpleWealth are offering 2.8% interest per calendar day. Again, with no fees involved, it’s entirely up to each individual when he wants to request his principal back and leave.

The remaining options are really for the bigger spending minority of investors, so I’ll just go through the interest rates very quickly for you here:
PurpleWealth offer 3.1% per calendar day on amounts between $1,600 and $3,599. Investments between $3,600 and $6,599 can earn 3.5% per calendar day. $6,600 up to $15,999 is offer 4.2% per day, $16,000 up to $35,999 is offered a 5.2% daily interest rate, and finally deposits starting from $36,000 up to $66,000 which is the maximum single deposit allowed by PurpleWealth, is offered 6.6% interest per calendar day. All with principal back on request, of course.

As is usual with programs in the style of PurpleWealth there’s no real “template” I can use to give you a practical example of how it might work out for you. As I’ve said many times before there’s literally as many strategies as there are investors. So give it some thought before joining, and put a little bit of planning into it to get the most from the program. Decide what your goals are – perhaps you have a definite figure in mind that you’d like to earn or maybe you have instead a date that you think is best to leave by – and do your own calculations from there. Remember that it only takes one single day to make a profit so to be honest there’s no real reason why you couldn’t have joined, profited, and left PurpleWealth again already by now if you wanted to treat them as a short term HYIP.

As for payment options the list of processors available to PurpleWealth investors is reasonable enough, and includes PerfectMoney, EgoPay, Payeer, and BitCoin. An interesting feature to PurpleWealth, and one that I think a lot of users might welcome, is a concise and easy-to-read guide in using BitCoin to join the program. Given that on one hand BitCoin is still largely unknown to a lot of HYIP players but on the other definitely represents the future of the industry I really think this is an excellent bonus in the program. I mean even if you’re not going to use it this time, it still won’t hurt to make yourself familiar with it. After all, it’s only a matter of time before it’s an essential feature for most programs.

Anyway, payouts to members will have to be requested from inside your private members account area. Once done, the PurpleWealth admin says he will make sure they are processed instantly. So far that seems to be the way, with all of my own withdrawals being completed within a matter of seconds.

On the more technical, design, and security side of things I’d have to say PurpleWealth looks pretty solid. The website is hosted on a dedicated server with the support and protection from DDoS attacks by BlackLotus, whose track record in this area has been reliable over the years. For an extra layer of protection the PurpleWealth website also has an SSL certificate from Comodo for safer browsing and more secure transactions. The program is running off a script under license from H-Script which I suppose a lot of you might recognize. It was becoming increasingly popular before the start of the summer when the entire industry went into hibernation (though I suppose it was already a fairly well established name anyway before that) and seems to be picking up where they left off.

Just on a side note about H-Script by the way, it’s quite straight forward and easy to use in most respects, the whole deposit and withdrawal process for example couldn’t really be easier, but there is one feature I think is probably worth singling out. The thing is that not many of the H-Script programs in the past have included the “principal back on demand” feature that PurpleWealth has, so I think we should also take a look at how this works. It’s not difficult or anything, but it might look a little complicated at first if you’re not familiar with this type of program. So here’s what you’ll need to do – when you’re ready to withdraw your initial investment or (or make a partial withdrawal) click on the “Your Deposits History” tab in your PurpleWealth members account area. Then choose the deposit you wish to manage (you can have more than one remember), and click on the underlined “Active” tab. You will then be able to “Add” or “Sub” any amount you like. It’s quite an interesting feature as it allows you more flexibility I think. It’s more than just being able to create multiple deposits in PurpleWealth you see, but rather about allowing you to manage your existing deposit by funding it with more money or withdrawing whatever amount you’d like to take back.

If you have any further questions for the PurpleWealth admin or any account related issues you need to have dealt with then there’s a couple of different ways for members to get in touch. First of all you can fill in your details on the online support form and submit it via the contacts page. Alternatively you can write directly to the admin via the e-mail address also listed on the contacts page. For Live Chat support PurpleWealth have a couple of options for you, including a built-in Live Chat option for tech and customer support, and a Skype account for anyone who might have a profile there. So it’s always worth your while to have a quick look if either of those options happens to be online at the time to save you sending off any lengthy e-mails. Fans of social networking sites will be able to find PurpleWealth keeping a profile on Facebook, however still being a brand new program (at the time of writing, anyway) there’s nothing to see there at this point. Hopefully the admin will make better use of it than most other HYIPs as it can be a very useful promotional tool for those savvy and experienced enough to recognize it.

For the record PurpleWealth describes itself as “an authentically managed private equity fund” and claim to be in business since 1998. Given that they didn’t have a functioning website that anyone had ever heard of before last weekend I think it’s safe enough to dismiss this. Experienced players know as much anyway, and as there’s not much you can do to independently verify anything an online HYIP claims to be doing with your money then best just to treat it as a form of gambling. That means as always setting yourself a sensible spending limit based on what you can afford to lose rather than what you are hoping to earn, and if you do sign up for PurpleWealth then remember to keep them as part of a wider more diverse portfolio. You protect yourself from heavy losses should any one program you are a member of close without warning and give yourself an opportunity to recover the money from profits in other programs. But fingers crossed that need not be a major concern for a while yet and PurpleWealth can become one of the first big names to start emerging in the HYIP industry in the autumn.

DAILY NEWS FROM THE HYIP INDUSTRY

GEPARDALLIANCE – BITCOIN NOW ACCEPTED

If you were thinking of joining GepardAlliance but didn’t like the choice of payment options (originally this was just PerfectMoney, EgoPay, and Qiwi), you now have a chance to try the program with BitCoin. The admin mentioned this in the short update issued today and has already implemented BitCoin into the script, so you’re welcome to make deposits and request your withdrawals using this popular crypto-currency:

“Bit Coin
Dear investors!
According to numerous requests we are adding automatic reception crypto currency Bitcoin.
Please get to your Personal Area for reference.”

If you haven’t read the original review of GepardAlliance published here, I just wanted to remind you that the program has been listed on MNO for more than three months and has become a reliable and stable performer. You can deposit in GepardAlliance starting from a $10 minimum and the favorite investment plan is definitely the one paying 0.35% daily forever with the principal made available for return after a 22 day lock-in period. Two other investment plans also offered by GepardAlliance include 0.56% for 62 days and 0.75% for 93 days – both returning the original investment on expiry. Now that BitCoin has been added I believe that GepardAlliance will be able to attract a lot more US-based investors which were put off by the other e-currencies not being allowed there.

WETRADEWEPAY INTRODUCTION

Another brand-new program that has joined MNO Premium listing today is called WeTradeWePay. I have to admit I was surprised that the admin not only joined MNO within the first 24 hours of the official launch, but straight away took a pretty active role on the MNO ShoutBox after I created an account for him to answer questions my readers might have about that program. That’s really appreciated as communication is important for building trust between the admin and investors and MNO allows this for all admins purchasing Premium Listing as part of the monitoring service. Anyway, looking at the WeTradeWePay website the first thing I noticed is that they run off a licensed version of the Shadow script which usually means that the admin doesn’t cut corners and goes with the best on the market (you can read my interview with the developer of Shadow script here). WeTradeWePay also features an extended validation SSL-security seal from Comodo and is hosted on a dedicated server with protection and support from CloudFlare, so we shouldn’t expect major downtimes either. The program accepts several different payment processors including PerfectMoney, EgoPay, BitCoin, Payeer, OkPay, and even SolidTrustPay is mentioned by the admin in plans as they are awaiting approval of their payment button. What about the investment plans you might ask? Well, they are very lucrative, I think, and by joining WeTradeWePay with at least a $10 deposit you can get 8% to 10% daily for the duration of 25 calendar days and at the end of the term the admin promises to return your original investment. The other question of how it can be sustained for ant significant length of time is answered in the name of the program, WeTradeWePay, which clearly explains what the admin claims they’re doing, lol. Anyway, I doubt many MNO readers will take that part seriously and only invest what they can afford to lose. So, enjoy the ride and good luck for those who have already invested in WeTradeWePay or are planning to do so after my review explains it in more detail tomorrow. The program has already been moved to Paying status on MNO and I was pretty impressed with the speed the admin is processing the payouts at the moment. The maximum time on the program’s FAQ is stated as 48 to 72 hours, however regular processing time is 5 minutes to 5 hours at the moment. Just one more thing to remember – to make an investment into your plan of choice you first need to fund your e-wallet, and then re-direct it to your preferred plan. And also take note that the so-called Monitor Plan you might see in the account area applies solely to monitors, and not to regular investors who can enjoy the most lucrative plan offered by WeTradeWePay – the program that launched yesterday as reported on the website by the admin:
“WeTradeWePay Go LIVE ! 
WeTradeWePay (WTWP) proudly announces being online w.e.f. 25/08/14
Our Company offers wide range of investment plans suitable for all Investors. In case of any query reach us at admin@wetradewepay.com”.

CRYPTCOMINER INTRODUCTION

The second program just added to Premium Listing on MNO is CryptcoMiner. My monitor was again the first on which the program was listed which I believe proves that the admin might be another experienced industry player who knows what he’s doing. While the program offers the popular style 3% to 4.5% daily forever plan with principal back on demand, the admin promises that the program is backed-up by real trading and he even sent me the data on his BitCoin account which is supposed to prove BitCoin mining activities (listed among other stuff on the website) as a means of income. Whether it’s true or not is to you to decide, I’ll leave that to the admin to explain in any future interview if he wants to, but for now I’ll treat CryptcoMiner as a regular HYIP with all the pros and cons. For an investment starting from a $20 minimum the program will take PerfectMoney, EgoPay, Payeer, and, of course, BitCoin funds (direct Bank wires are also accepted). The program is running off a licensed and modified GoldCoders script which allows you to make the withdrawal of your principal at any time with no fees by clicking the “My Investments” tab in the menu then choosing Cancel the entire deposit. The money will then be available in your balance where it can be withdrawn as usual, and the withdrawal requests are promised within a very reasonable 12-hour maximum timeframe. The CryptcoMiner website is well laid-out and designed with all the questions answered properly and in detail. It’s hosted on a dedicated server with support and protection by DDoS-Guard company and SSL-secured by Comodo. The daily interest of 3% to 4.5% daily is fixed and depends on the size of your deposit. It will be credited to your account every 24 hours and then become available for withdrawal. More on the investing process and the plan offered by CryptcoMiner can be read in the upcoming review on MNO to be posted within the next couple of days. So stay tuned for that and good luck if you wish to add this program to your investment portfolio, guys.

GET PAID REPORT FOR 26/08/2014 

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: –
From MNO Premium list: BTCLegacy, AssuredAssets, SafeProfitsLtd, LaxoTrade, GlobalBuildingGroup, CryptoFarm, TraderWays, PurpleWealth (the first instant payments received), WeTradeWePay (the first payments received).
From MNO Standard list: –
From MNO Basic list: TrustForexTrade, ZeusInvest, OgdenOrganization, BaikalsTours, 20DayGold.

That’s all the news for tonight, guys. Stay tuned for a more detailed review of WeTradeWePay coming tomorrow along with the latest news and events from the most elite programs online. The new price list for advertising and listing on MNO that will come into effect from the 1st of September will also be made public, as per the request of my readers hoping to see less junk and more high quality programs run by experienced admins. I believe we will be seeing some exciting new developments in September, so stay with MNO for the best of what the HYIP industry can offer!