Jan 18th, 2015 Archives

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Beware! BITC1 has stopped paying! Do not invest there!

Hello everybody! I hope everyone’s weekend has been going well so far. Being Sunday there hasn’t been much news to report for today, so I’ll most likely have a proper news summary for you tomorrow when I’ll catch up with everything that’s worth hearing about over the previous couple of days. I’ll also have some free time on my hands as I’ll be leaving Taiwan after what I must say was a very enjoyable visit and moving on to Korea where my winter vacation comes to an end. Back to business for today however and I have the following interview with the admin of BITC1, a mostly medium term program which also has some longer term options. The program first appeared online back in July, but was very much a sleeper for some time after that, staying well and truly under the radar. BITC1 first came to MNO then in November when it was monitored on the Basic List, before upgrading to Premium Listing just after the New Year holidays were over. The program offers two types of plan – payment per day or payment on expiry – and includes 2.4% for 15 days (principal back), 2.5% for 25 days (principal back), 2.7% for 55 days (principal back), 350% after 15 days, 250% after 30 days, 750% after 27 days, 600% after 45 days, and 1260% after 60 days. My own thoughts on the plans were expressed in the original review of BITC1 first published here, so now let’s see what the admin has to say about it all.
1. Hi Jerome, please introduce yourself to the readers of MNO and tell us please about your own involvement in BITC1. What is your role in the day to day running of the program?

Hello Paul and our Readers. My name is Jerome Van Eller, and I am really pleased to answer your questions.

So, BITC1 it’s a progressive trust management Company with modern investing platform who are operating on CryptoCurrency and ForEx markets.

Today we have a strong Company with many investors from many places in the world.

What about my role at Company? I am CEO and main Administrator of BITC1 Limited. Today I have a lot of work every day. My high school mathematics teacher used to say that the people who make it look the easiest are usually people who work the hardest. I also learned from my dad at a young age that you need to be disciplined to achieve great things. So, my first priority is my own control of all BITC1 main functions.

2. Can you give us some background information on BITC1? How many others are involved with the program or are you operating alone? How long have you been online?

We have great experience in the HYIP market with long term programs so it’s a good opportunity for investors to choose a genuine Company with professional management.

BITC1 it’s a one of the best investment opportunities on the web. Our team consists of twelve people, each one an expert in the business so we work smoothly and efficiently. As I said before I can control every function at our company. We have plans to stay as long as possible, I mean we haven’t any intention to stop our work, so I think we’ll work for a really long time.

3. Explain the investment plan in detail to us. What are the minimum and maximum amounts to invest? What determines the rate of interest paid from one day to the next?

We have many investment plans for our clients, so you can choose investment plan which better to you.
Our traditional Daily plans where you can get a daily percentage starts from $10 with “Beginner Daily Plan” where you can get 2.4% daily during a 15 day term (initial capital is given back at the end of it) and up to Pro Daily Plan where you can get 2.7% daily over a 55 Day term (Initial capital also returned at the end).

Also we have investment plans with better percentage where percentage of your earnings is depending from the amount of deposit. They are called Accumulate Plans where you can from 250% After 30 Days up to 1260% After 60 Days (Your initial capital is include to your profit).

We don’t forget about our VIP investors who want to invest a large amount of deposit. Our first VIP Plan where you can get 350% After 15 Days and second BITC1 VIP plan where you can get 750% After 27 Days. It’s really great opportunity where you can get a good profit with minimal risk.

Please don’t forget to use our profit calculator for calculate your profit.

4. In my review I was quite skeptical about some of your investment plans, namely the on-expiry ones. I was later contacted by some long term MNO readers and experienced investors who said they were in total agreement. So what do you say to that and the suggestion that if you actually succeed in coming up with 750% interest then you’ll be the first admin I’ve seen in ten years in the HYIP industry to do so?

Sure, we have a lot of questions about our VIP plans, but as you can see we are still working as usual within a more than 195 Days online. So we can provide such percentage for investors who want to get extra profit with medium risk. We are still paying to every our investor, so we will try to save this trend at future.

5. What payment options are you currently accepting? What have been the most popular methods, and particularly how well does a digital e-currency (BitCoin) perform against the more traditional payment processors?

We accept Perfect Money, Egopay, Payeer.com and Bitcoin as well. The most popular payment processor is Perfect Money. Sure, Perfect Money is oldest payment processor in the industry, also Bitcoin becoming popular day by day so it’s really great.

Now we can see the following picture about payment systems for BITC1

Perfect Money – 35%, Payeer – 30%, Bitcoin – 30%, Egopay – 5%,

As we can see for last few month Egopay significantly reduced the proportion of the investment portfolio. We are still working with Egopay but at future we analyze the situation again.

6. On the subject of payment processors, are you aware of the recent difficulties with EgoPay, how is it affecting your program, and what is your contingency plan to protect both your members and your program from a possible total collapse there?

Yes, but as I said before Egopay significantly reduced the proportion at our portfolio. So for now we haven’t a lot of deposits at Egopay.

7. How secure is the BITC1 website? What are you doing to protect it and members’ accounts from hackers? Are you on a dedicated server? Who is your host? What kind of anti-DDoS protection do you have?

As you know we have a great experience in the Hyip market area, so we have a few strategies for long term operating. For protect our investors from unauthorized access and hackers we are using Koddos dedicated server for many years, also we known that Instant payouts is more risky, so we don’t use instant withdrawals for a security reasons.

Every withdrawal request will be analyzed by our operator so we will check any changes in Email or User’s ewallet information.

We will try to provide a really safety system for our investors.

8. What kind of script is BITC1 off? Where did you get it, how safe is it, and why do you think this one is most beneficial for you as an admin and your members?

We are using a GoldCoders licensed script with many additional security options. Perhaps this is the most popular script to automate the management of deposits of our Investors. But it can also be noted that this is the safest and most comfortable of all the script.

9. Some readers have commented that they found the BITC1 website design and content stolen/re-sold, and used by some pretty nasty looking cheap scams. Now, no one is suggesting that you have any connection with this which is fine, you are clearly the victim here, but surely you must be concerned that this can have an adverse affect on your business. Do you know anything about this and can anything be done about it?

Yes, we had noticed that we have had such notification at November 2014.

Some of dirty scams still use our stolen template and have the idea to scam people. But they are not using official monitors because nobody want to have a deal with such scammers so I think they are gone forever.

10. Can we see any statistics regarding BITC1? How many members have joined since the beginning and how many are active at the moment? Are you pleased with the support from the members so far? How important a role do they play in bringing in new members?

Sure, you can see our Live Statistics in main page.
• For now we have:

Started: Jul 2, 2014
• Running days: 197
• Total accounts: 12154
• Total deposited:$ 111310615.08
• Total withdraw:$ 45568237.02
• Visitors online:1121
• Newest member:***********
• Last deposit:$ 3,500.00
• Last withdraw:$ 421.90

Our program is rapidly gaining popularity so we will add more options for our Clients in the future.

11. How can members contact you if they have any questions or support related issues? Also tell us about your Live Chat support feature, such as how members can use it, what times is it operational, and exactly how much are the operators there able to do for members beyond simply repeating the FAQ or telling people they better contact the admin.

First of all we just added international phone support for our England office, so you can make a call to our call center via +44 203 5141280 (11:00AM – 7:00PM) and +85 258 084105 (GMT+8 10:00AM – 8:00PM). Also do not forget that we have Live Chat system for our clients (Available 24 hours per day)

We have “Representative System” so you will find representative in your Country or who can talk in your Language.

BITC1 become popular so it’s a good step to make our Company closer to clients.

12. What have been the most common questions and problems you’ve had to deal with so far? Is there anything you wish to say here so that members can avoid having to contact you later?

Many of our clients still ask about our Legal Status, so I would like to point out that we have real registered Company who operate under United Kingdom registration.

You can see full details here https://bitc1.biz/index.php?a=support

The second popular question about representative system, Our official representatives have many bonuses like additional direct referral commission 5% from every huge deposit (More than $1,000 made by your referral).

Interested in becoming a BITC1 regional representative?

You should to provide next information:
Your Country:
Your Name:
Your Username in our Program:
Your E-mail:
Your Language Spoken:
Your Skype:
Your Facebook:
Your Tel. Number if it available:

Just send us a request at representative@bitc1.biz, and we will contact you within few days to discuss the opportunity of our further cooperation.

13. How have you been promoting BITC1 so far? What advertising strategy have you been using? How are you getting new members to join?

We have a positive experience in this market with Long term programs so it’s a good opportunity for investors to choose genuine Company with professional management.

Within a few weeks we will start powerful advertising campaign at many ways so you can see our banners at all popular blogs, monitors, forums, Facebook etc.

14. I can see you have active profiles on the main social media sites, such as Facebook, Twitter etc. How useful have these been in the promotion of BITC1, in attracting new members/deposits, and communicating with investors?

Facebook it’s a very popular social network where you can easy to promote your Company,
We have a lot of Facebook promoters who still cooperate with us.

We have official Facebook company page here https://www.facebook.com/bitc1provider

Also we have Facebook group where you can post your daily proofs and ask many questions

Do not hesitate to join us!

15. What exactly are you doing with investors money? How are you investing it and how are you generating the profits being made to members?

Our main field of activity is CryptoCurrency and ForEx markets. It gathers pools of money deposited by private investors and, pursuant to its investment policy, reinvests this money in securities and other instruments of stable companies, trust management programs, hedge funds as well as Forex, securities and commodity exchanges.

16. Doesn’t that sound like a fairly ludicrous way to run any business? I mean why take such tiny $10 investments from the public and pay back thousands per cent returns when you could simply borrow from a bank (assuming you’re a real business), pay them back maybe 6% or 7% a year, and keep those alleged massive profits for yourself?

It’s a very good question, but at the internet we haven’t additional borders for operating worldwide, so online investing is main priority for us.

Our mission is to provide every person the opportunity to gain maximum profit from investing at minimal risk. So we are trying to provide as best services as possible where many investors can get good profit with minimal risk.

17. And finally is there anything else you wish to say not covered in this interview? Also please feel free to comment on the review of your program published on MNO. If there was anything you felt was unfair, mistaken, or in any way in need of clarification then you are welcome to explain this in your own words here.

We have great potential so we will try to work as long as possible. I’ve always held a good opinion about your blog and monitor so I wish you a lot of readers and more stable programs for investors. Also don’t hesitate to contact us with any proposals for developing our company and let’s make BITC1 better together.

Thank you for this great opportunity.

That’s all for today, guys. Thanks to Jerome for taking the time and effort to answer my questions and I hope you found the answers useful in deciding whether BITC1 might be suitable for you or not. If you’re already a member, then good luck with it. My next post will be from Seoul, South Korea, so really looking forward to that, especially considering I’m going to bring you the full review of Rockfeller. Meanwhile I just want to finish for today by reminding you to please vote in the opinion polls currently running on the MNO TalkBack page, one of which is on how or if you were affected by the recent EgoPay scam, and the other asking if you think Payza can provide a viable alternative. See you all tomorrow, everyone!

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