October 2014 Archives

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

Hi everyone! Finishing off what’s been a fairly mixed week at best in the HYIP industry, I want to start today’s post with a closer look at a program I think many investors might have high hopes for. It’s called CryptoAssets and it follows the ever popular trend of offering perpetual style investment plans where members are paid every day indefinitely until they decide they’ve had enough and ask for their money back. In this case CryptoAssets are starting out from a very strong position and have a clear edge over even some of their more established and better known competitors. This is largely down to their choice of payment options which I’ll also be discussing in a few moments, specifically though this is down to the presence of SolidTrustPay who have verified the account and approved automated transactions in CryptoAssets. There hasn’t been a great deal of other news to report this Friday which is fine – no news is good news and all that – which is something I hope lasts for at least the weekend. I do however have one more new program joining my monitor which I’ll introduce in the news section. First things first though so let’s see what CryptoAssets have to offer and whether you think it’s a program worth adding to your portfolio or not.

As with most perpetual style programs CryptoAssets basically just have the one investment plan, and in this case they’ve simply broken it down into three subsections that calculate your interest based on how much you’d care to spend. Crypto A, the first plan and the only one I think of any real use to most investors, starts with a $15 minimum deposit (referred to as “buying a token”). From this amount up to a maximum $999, CryptoAssets are offering members 2% interest per calendar day for an open ended term, i.e. the individual member decides how long they wish to remain with the program.

The only real condition placed on your investment is that you are committed to remaining a member for at 48 hours before you can leave. In other words your principal is tied up for a 48 hour lock-in period, but that’s OK because you will still receive your interest payments every day during this time anyway. Why exactly anyone would want to leave the program so soon after joining is something I don’t really get, but then that’s the thing about perpetual programs – there quite literally are as many potential investment strategies as there are investors, which is why I also can’t really give you any practical examples of how a deposit with CryptoAssets might work for you.

Identical terms and conditions apply to Crypto B, CryptoAssets second plan, with the exception that members will have to spend a $1,000 minimum to join. Or if you’re feeling particularly lucky a $2,499 maximum. In exchange for this you are offered a somewhat improved rate of 2.5% per calendar day for as many days as you decide to leave your principal sit in your account. There are no fees for requesting your principal back, CryptoAssets simply require you to be a member for 48 hours or more before they allow you to ask for it.

And lastly for the really big spenders, Crypto C is the third plan from CryptoAssets and offering 3% interest per calendar day. This is open to investors looking to spend $2,500 or more, with no stated upper limit. Again there’s no change in the terms and conditions with the only reward being in the increased interest payment. Your principal is returnable any time on request, you just need to stay an active investor for 48 hours or more.

OK, I think most experienced players might agree that the investment plans as basically just CryptoAssets‘ own variation of a tried and tested, arguably predictable HYIP formula used many many times over the last twelve months. Well, maybe, but I think there’s a little bit more to it than just that and I would hope they can do something to counteract the worst affects of hit-and-runners. For example, payments to members are processed manually and like I explained, subject to a possible 48 hour waiting time. Interest payments themselves wouldn’t usually take that long of course, but where this rule might come in useful is with the return of the member’s deposit. You’re already locked in for 48 minimum, and perhaps by actually enforcing the 48 hour withdrawal processing rule giving you a four day wait for your principal back then CryptoAssets may hopefully reduce (you will never actually eliminate) the impact of the worst hit-and-runners.

Apart from that the only other thing I can tell you about in relation to the investment plans relates to your payment options, and like I said at the top of the page, this is really where CryptoAssets stands out from the competition. SolidTrustPay is a rare enough site in the HYIP industry these days, their standards having become impossibly high for many admins to comply with. Where you do see them however you can feel pretty sure there’s a very dedicated, hard working, and above all experienced admin directing things. In the case of CryptoAssets the admin told me he spent over five weeks(!) negotiating with STP before they verified his account with them and allowed the addition of a payments button and automated transactions. I have absolutely no reason to doubt this information by the way, in fact I wouldn’t have been surprised if he told me it had taken substantially longer. The benefits to the program of having STP approval are numerous of course, firstly because it adds a certain level of trust and credibility to the program using them. Even investors who don’t personally use STP can still appreciate what’s involved with getting an approved payments button from them, so in that sense might hold CryptoAssets in higher esteem because of it. The other thing is that most of the really bigger spenders only use STP for big investments, and only use other processors for “small change” so to speak.

SolidTrustPay is far from your only option of course, investors may also join CryptoAssets using the likes of PerfectMoney, EgoPay, and Payeer if you prefer the more traditional payment options, and BitCoin if you like the newer crypto-currencies. So most of the other popular choices are covered for you too. Like I already mentioned the payments are manual and can take 48 hours for the admin to process, though in reality they’re done a lot faster. Incidentally, as an added security feature you’ll be asked to set a secondary password of your own choosing. Be extremely careful with this and remember to actually write it down on a piece of paper (and not just on your computer) because you’ll be needing this to withdraw your profits.

It’s not just the inclusion of SolidTrustPay that shows some planning by the way, just after launching the program the admin sent a newsletter outlining how much work had gone into organizing CryptoAssets before it became the finished program you can see today. I mean it’s up to you how much of what a HYIP admin tells you you believe or not, but personally looking around the website and judging from its quality I’d see no obvious reason to doubt it. The website is powered off a script under license from ShadowScripts, one of the better commercially available to online HYIPs and certainly one of the safest. I’m pleased to see it becoming more and more popular in recent times, and hopefully more and more of you will be getting familiar with how it works. The main thing to remember with ShadowScripts programs is that you first need to fund your account area within your members area before then redirecting the funds into the plan(s) of your choice. For this you need to click the “Fund e-Wallet” button after you create an account, and then “Make New Purchase”. Likewise when you eventually want to submit a principal withdrawal request you will first go to your “My Tokens” page in your account dashboard. You’ll notice a small circular shaped arrow next to your active plan at the bottom of the page. You will need to click on this and confirm your request. Your deposit will then go immediately to your e-wallet, and your principal withdrawal request can then be completed after you actually make the request from inside your wallet area. For hosting the CryptoAssets admin has also gone straight for the very best provider right from the start. The program is being kept on a dedicated server with the support and protection from DDoS attacks by BlockDos, so in the unlikely event of any downtime at all it’s likely to be negligible. For an added layer of protection the CryptoAssets website has an SSL security extended validation certificate from Comodo for safer browsing and more secure transactions.

If you have any further questions for the admin on anything you’d like him to clarify for you or any account related issues that need to be dealt with, then you can get in touch with CryptoAssets via several different methods. If you’re not actually a member and just have some general enquiries about the program you can fill out the support request form in the public area and submit it. Active members can find a more extensive ticketing system in their account area which they can track the progress of and record. There’s also a sort of internal e-mailing system for account holders as well.

As an alleged business model, CryptoAssets claim to be mining and trading in crypto-currencies. There are now literally dozens of such currencies in “virtual” circulation, so this story might have been (almost!) more believable were CryptoAssets using more than just one crypto-currency – BitCoin – from investors. I mean it seems odd that regular payment processors like PerfectMoney, etc. are accepted by a company saying they specialize in trading crypto-currencies, but LiteCoin, DogeCoin, and all the others are not. Never mind, I think experienced HYIP players know enough to read between the lines here, but for the sake of anyone new to the industry I’ll just say that even if what CryptoAssets tells you is true about their business activities, there’s absolutely zero guarantee that it’s profitable. So I suggest you all treat this one just like any other online HYIP, and that’s with a degree of caution. I mean don’t be afraid to take a risk – that’s 100% necessary if you hope to make any money – but don’t take a reckless or senseless risk either. Set yourself an affordable spending limit that you can comfortably afford to lose, and if joining CryptoAssets at all then remember to use them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE HYIP INDUSTRY


HASHPRIME – FIRST PRINCIPALS RETURNED TODAY

If you’re wondering if there’s any other good programs accepting SolidTrustPay with a fully approved payment button then HashPrime might be what you’ve been looking for. The program started off 10 days ago making today the first day when principals can be returned and members put into profit. You see, HashPrime (reviewed here) allows the return of your principal at any time on request, although have some stringent limits in place to make it more sustainable and protected from hit-n-runners. They have a ten day lock-in period during which you can’t touch your principal but can collect your 1.5% daily profit ratio. This was quite a smart move and now that the first principals available for return HashPrime is definitely on the path to overwhelming success, especially among those using STP as their payment processor of choice. Although others can benefit too – HashPrime also accepts deposits (minimum is $25) via PerfectMoney, EgoPay, and Payeer, and crypto-currencies like BitCoin and LiteCoin. Even direct bank wires are available, though you’ll have to contact the admin for details on that. Now that HashPrime has entered the Top Five Popular Programs on the MNO Premium List the only way for the program to go is up.


GEPARDALLIANCE – LOTTERY FOR LARGE INVESTORS

Apparently GepardAlliance failed to impress many investors with their recent video report from their office located in St. Petersburg, Russia, so the admin decided to offer a raffle for the members with active deposits in excess of $8K. If you’re that brave and are ready to participate then you should have the minimum amount in your account in GepardAlliance by November, 7th (coincidentally that’s also the date when Russian Revolution of 1917 took place) for a chance to win. Another very important condition is that you should have a written contract with the program which will be issued at your request with the raffle number written there. More on that can be read below:

Competitions and Lotteries
GepardAlliance” LTD organize a LOTTERY!
We are glad to tell you that on NOVEMBER 07, 2014 we will carry out the Lottery among all clients of the company who have the deposit from $8000 and the signed contract. The deposit from $8000 can be as uniform, and the sum of all deposits on your account is considered. AN INDISPENSABLE CONDITION – EXISTENCE OF THE CONTRACT FOR ANY OF DEPOSITS. Number of the contract is your happy number! You can receive a prize equivalent in $, or into your account the amount which you will be able to remove will be credited or you will be able to make the deposit.
ALL NUMBERS OF CONTRACTS FROM $8000 PARTICIPATE IN DRAW. Winners are defined in a random way, by rotation of the lottery device.
See details in Competitions and Lotteries https://gepardalliance.com/en/pages/act

For those of you who haven’t read my original review of GepardAlliance posted here, I’ll just tell you the program has been performing great for its four and a half months on the Premium List. It’s also been something of a slow-burner that just silently pays everyone and can last for months, if not years. For the smaller deposits starting from $10 GepardAlliance promises to pay 0.35% interest on every calendar day forever (or until you request your original investment back, which can be done after 22 calendar days). For larger deposits there are higher returns offered and the terms are set at two and three months respectively with the original deposit returned on expiry – 0.56% for 62 days and 0.75% for 93 days. As you can see, the returns are pretty achievable and sustainable in the long-term. GepardAlliance currently expanded the list of accepted payment processors so you cannow use PerfectMoney, EgoPay, Payeer, BitCoin, Qiwi, and also directly from some Russian based banks.


FREECOMBINATION INTRODUCTION

If you’re looking for a brand new program running off a custom-made script then you should definitely check out FreeCombination that was just added to the Standard List on MNO today, just a few hours after opening. The full review is going to be published in a few days, but today I’ll just explain briefly how it works. FreeCombination accepts deposits via PerfectMoney, EgoPay, Payeer, and BitCoin starting from a $20 minimum. In exchange you can earn from 3% to 9% for an unlimited period of time, until the point you decide to leave the program and withdraw your original investment which can be done at any time after a lock-in period of three calendar days. All withdrawals (both profits and principal) are promised to be done instantly, which should definitely be a feature many investors will like (I can confirm that my first withdrawal was indeed processed instantly today as promised). The interest rates paid by FreeCombination are fixed and depend on the size of your deposit (which for some reason can only be made in multiples of $10). But how to determine how much you’re going to be paid? Well, for that purpose you will see a so-called “sliding scale calculator” on the main page. You simply enter the amount you wish to spend in the box, and slide a switch along the scale underneath it what it comes to. Alternatively you can do the same inside your member’s area in FreeCombination which will help you to understand what interest rate you should receive. Overall the script is very comprehensive but there’s actually nothing complicated about it at all. The advantage of using a custom-made script will allow the admin to be more flexible and possibly modify things in future if he wishes to add more features. The site is properly SSL-secured by Comodo and hosted on a dedicated and DDoS-protected server by SharkTech. FreeCombination is allegedly investing in building in the three main cities in Ireland, and the site features a two minute promo video, although the quality of texts and the standard of English short of what you might expect from a “business” allegedly working in a country where English is the first language. But all things considered, the site looks interesting and I look forward to taking a more detailed look at FreeCombination on MNO in a few days after I familiarize myself with the script and get more information from the admin if I need it on how it all works. So stay tuned for that!


GET PAID REPORT FOR 03/10/2014 

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 list2FXLtd, RemiTradeAssuredAssets, TradingAllianceLimitedHashPrime, LaxoTrade, GepardAlliance, CryptoFarmBrinoGmbH, EastOil, CryptoAssets (the first payments received).
From MNO Standard list: FreeCombination (the first instant payment received).
From MNO Basic list: OgdenOrganization.

I think that’s about it for tonight, but if you think I ever miss anything you can always tell me on the MNO ShoutBox. The business week is finally behind us so I wish you all a good weekend, and please don’t forget to vote on the MNO TalkBack page where now two polls are featured – the newest one asking your biggest disappointment of September from the programs during the last month that you expected more from. Currently Binimal is in the lead, but if you think otherwise please take a minute and submit your vote there. Stay with MNO and see you all again very soon!

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