27/08/2015. Daily News from the HYIP Industry

Hello guys! The last couple of days weren’t exactly sparkling in the HYIP industry with lots of scams reported on blogs and forums. Unfortunately MNO readers weren’t immune from this as we saw the collapse of two programs – RichPower and ElegantTrading. Both programs have been moved to Problem Status on my monitor and no further investments there are recommended. More on that in the daily news section where I will also discuss updates from such paying programs from my monitor as PokerAutomatics and TradingAssets. First I would like to introduce a new program Nuggetz which will be (at least for now) exclusively listed on MNO, as I was given some rights by the admin to present it to my readers. Other monitors will surely follow suit as usual and add the program for free, which is a great policy as it will save a lot of money otherwise wasted and help fund real investors for longer.

NUGGETZ INTRODUCTION

And the program’s name is Nuggetz which certainly rings a bell for those who miss the good old days when the HYIP industry was dominated by the giant GoldNuggetInvest and and its worthy successor NewGNi. While I’m not implying that Nuggetz is run by the same admin, he was certainly much inspired when creating his program from scratch and made it look exceptional, I must say. In its investment plans Nuggetz try to combine the best of both worlds – to receive a fixed income every business day with no limits placed on the term. On the first two investment plans, starting from $20 and $501 respectively, you can get 1.8% or 2.1% on every business day (Monday to Friday and excluding holidays) for an unlimited duration of time. Your initial investment is locked in for the period of 100 calendar days (slightly over three months) and you then have an option to leave Nuggetz at anytime you like or stay put if you prefer. This changes direction in the third plan intended for much larger investors with $3,000 or over who will get paid a 2.8% return over the period of 90 business days as a fixed term and principal is returned on expiry. It’s essential to know that all the withdrawals in Nuggetz will be processed instantly which will surely attract people who like fast payments. Who doesn’t! And as the program runs off a totally custom-made script you can be sure it’s going to be secure. Unfortunately the list of payment processors taken by Nuggetz at the moment is still disappointing with only PerfectMoney, Payeer, and BitCoin accepted. However, please note that the addition of Payza (the image can already be seen on the website) is just a matter of days not weeks away, and the admin told me that the successfully submitted documentation should speed up the process. Anyway, I believe that even without Payza Nuggetz will get many takers, as the website simply looks impressive and is executed to a highly professional level requiring top-notch designing skills. The domain is registered for five years, there’s a Green Bar SSL-certificate from Comodo for secure browsing and a safe choice of hosting provider with a dedicated server with protections from attacks handled by DDoSGuard – one of the leading names in the HYIP industry now. There’s a lot of support options available, including a phone support, and an extensive FAQ. It’s clear that Nuggetz is not the product of a one-day fast scammer, and it shows everywhere. So, I do tend to believe that the latest news on the site reflects the actual stages of development and the amount of time and effort put in by the admin in order to achieve such a superb result in design. Here are the three messages you can read there:

“We are starting to develop our project
Today we are proud to announce that we are starting to develop our project. Offline investors are now welcome to register account with us. After launching this amazing project we will send newsletter to all of you.”

“Few months away from launch date
Today we are announcing that official launch date will be around 23-28 August – 2015”

“Launch day – today
We are happy to announce that today is NUGGETZ Launch day. Like always, you can find us on MNO website and further updates will be published in news section.
Happy Earnings.”

I’d only like to add that I myself already tested the instant withdrawal feature and was paid instantly by Nuggetz, therefore I’ve moved it straight to Paying Status on the MNO monitor. A more detailed review is coming on the MNO blog very soon, so don’t miss it and your opportunity to earn with a brand-new and exclusive to MNO program!

ELEGANTTRADING – DISAPPOINTING PAYOUT DELAYS AFTER THREE WEEKS

Unfortunately the biggest news story of the day is also the worst, and probably the worst for several weeks now – the inevitable, though in my opinion premature and avoidable, demise of ElegantTrading. The program has now been moved to Problem Status on the MNO monitor. I’d dearly love to be proven wrong about this, but the longer it goes on the less likely it is to recover. There have been several programs organized along similar lines to ElegantTrading in the past, some with greater or lesser degrees of success. They all had one thing in common however, which is a very high and sensitive degree of fragility. For anyone who wasn’t a member, ElegantTrading didn’t work with a fixed length investment term. Instead it had a perpetual style plan which paid interest to members for as long as they remained members. When you wanted to leave, you just requested your principal back and that was it. Whether you stayed for a day or a week or a month was your own business, you take back your principal when it suits you and any interest payments you received you kept as net profit.

When paying such low interest rates that ElegantTrading was offering, fixed term HYIPs with experienced admins can run for some exceptionally lengthy lifetimes. But what happens if all of a sudden everybody decides to ask for their principals back all together at the same time? Well, just like any other HYIP the program will run as long as more money pours in than needs to be paid out. With regular style HYIPs with fixed expiry dates the admin has a general idea of what his commitments are from one day to the next. But with perpetual style programs the situation is somewhat different, as we’ve seen today with ElegantTrading – i.e. everyone wants all their money all together at the same time. The program didn’t “have” to collapse today, I mean it it would have went eventually, we all know that, but potentially it could and should have been a long time in the future. Good earning opportunity for everyone, so what ruined it? In a word, panic. All it takes is one badly timed rumor or accusation, be it misinformed or downright malicious, and all of a sudden everyone is scrambling for their money back.

The terms and conditions for ElegantTrading quite clearly stated the waiting time for payments could be anything up to 48 hours. Despite this blatantly obvious fact, one so called monitor made the ridiculous statement to his readers that they were instant. No, they were never instant, and this claim only added to the problem because as soon as investors who believed this went to make their first withdrawal the natural reaction was of course – panic. So that didn’t help matters. The fact is that throughout most of ElegantTrading‘s lifespan payments were done pretty quickly. But when people get a couple of fast payments at the beginning they can lose sight of the fact that they admin may not be able to keep up the same pace when more and more people are making withdrawals. And it’s not just ElegantTrading I’m talking about here either, I must have gotten thousands of mails over the years from people saying “I’ve been waiting over an hour to get paid, I think I’ve been scammed!” Meanwhile I take a closer look at their accounts and see all sorts of things, such as the request is below the minimum amount allowed, the request was made on a Saturday from a program which doesn’t pay on weekends, or most commonly the admin requires a 24 to 48 hour waiting period. But when it comes to money very few people are capable of remaining calm and rational. They jump to the first bad conclusion, and take it to any forum, shoutbox, monitor, or public platform that will allow it. The chain reaction starts from there, and you know the rest. I don’t believe the admin’s intention was for the program to end here and now like this, but that’s no comfort to the folks who lost money.

No need to overanalyze it I suppose, the damage is done, the end result is the same, and ElegantTrading isn’t coming back. A lot of people need to learn a lot of lessons from the experience, including the admin, so I hope that will happen. If there’s one glimmer of hope by the way it’s that as usual SolidTrustPay investors are the last ones to be scammed. Payments to STP continued for some time, maybe even still are I can’t be sure, and will probably keep being processed for how ever long it takes the accounts there to be exhausted. That’s always one of the major benefits to using STP when joining online HYIPs. Admins have less opportunity to steal so much money via STP, (whereas they can just empty PerfectMoney etc at will, no questions asked) so generally speaking payments will continue there a bit longer. Again no serious compensation but at least it’s something. Time now to move on.

RICHPOWER – SCAMMED AFTER ONLY A FEW DAYS

In light of the closure of ElegantTrading today, yesterday’s scam by RichPower went almost unnoticed. The program just stopped paying in the morning and withdrawals never went back to instant mode again. RichPower stayed on Paying status on the MNO monitor for only five days, but even this was enough for many investors to jump on the bandwagon and earn on the program’s 1 and 3 day long investment plans. I must say that the average deposits from my referrals in RichPower were pretty small, so no one lost really big money there, especially considering the layout of the program was kind of average and uninspired. The admin, of course, tried his best to make things look better than they were and faked his stats significantly in order to catch big spenders who were supposed to be so light-headed as to believe that people were putting thousands of dollars into RichPower and to create a sense of urgency of not missing the next big thing. In fact even after the program was already in trouble and instant withdrawals stopped the admin was still sending updates regarding referral contests, BlockChain issues with fully resolved automated deposits, etc. That, of course, had no practical value for those who were scammed and RichPower will only remain in memory as a poorly planned short-term HYIP and a lesson on how not to run a program. The admin even claimed his PerfectMoney account was hacked in the farewell letter to me personally. I don’t know whether to believe that story or not, but it won’t be any consolation for those who lost money. RichPower is on Scam Status on my monitor for now, but just for your information I will re-post the admin’s side of the story saying that instant withdrawals from GoldCoders based programs is not safe and leads to one outcome – early closure. That raises the question though of how so many other programs run successfully on GoldCoders for months with instant payouts, so his theory has its holes to say the least, but it’s up to you to judge:

“I’m very sorry Paul. RichPower was hacked and all my PM funds were stolen, hence it’s closed. I wanted to make it last 50 days at least, but I failed again. My last program LargeWallet was hacked too by the same hacker, but I thought that it was because of the server security problem and not the script. I used a very safe server this time, but now I am 100% sure that hackers can hack any program which use GoldCoders script and instant payments.”

TRADINGASSETS – TEMPORARILY DISABLING INSTANT WITHDRAWALS AND PUTTING IN BACK WITHIN HOURS

TradingAssets also made some investors sweat, when the admin made a decision to temporarily disable instant payouts. Fortunately it only lasted for a few hours and was caused by some security issues which the admin eventually resolved and announced in the news section of his website, putting withdrawals back to the usual instant mode. News from TradingAssets regarding all this is below:

“Payments
Due to a security problem on our server, we will process the payments manually. We expect a maximum of three days to solve this issue and come back to the instant payments. The manual payments will be processed 3-4 times a day.
We apologize for the inconvenience.”

“Instant Payments Back
Our server security problem is fixed, in this way the instant payments come back to normal.
Sorry for the inconvenience.
Keep enjoy our program!
TradingAssets Administration”.

TradingAssets has been on Paying status on the MNO monitor for a week, but before that the program was already running for over two months. The current investment plans include 2.8% to 3.6% for 55 business days and 6% to 8% for a period of 26 business days. Unlike many similar programs, TradingAssets include your principal in the daily payouts which doesn’t put any additional strain on its reserves on expiry of the investment term. Currently the program accepts deposits from a $7 minimum via PerfectMoney, Payeer, BitCoin, OkPay, and NixMoney, processing payouts instantly in most cases. For more information on TradingAssets please refer to my detailed review posted here.

POKERAUTOMATICS – ALL THE LATEST UPDATES YOU NEED TO KNOW

I’m glad to see that there are still some good long-lasting programs remaining in the HYIP industry that pay stably for months and do not disappoint investors. Among them is definitely PokerAutomatics with its tremendously successful run of over twelve months now. The program is famous for its original background story of earning money for members via an extensive network of pokerbots playing in online tournaments and, most importantly, winning them. The daily reports are always around the 1% mark and to see the latest please read below for the last three days of operation:

“PokerAutomatics Daily Results:
25.08.2015 – Total poker botnet Income: 0.93%
https://pokeram.com/graph”

“PokerAutomatics Daily Results:
26.08.2015 – Total poker botnet Income: 0.94%
https://pokeram.com/graph”

“PokerAutomatics Daily Results:
27.08.2015 – Total poker botnet Income: 1.11%
https://pokeram.com/graph”

Daily results are always accompanied in PokerAutomatics by weekly statements where the general program’s stats are shared (although according to them PokerAutomatics has been paying for over four years, which is simply not true), although you might find it hard to believe all of them. Just have a look below for the latest weekly statement and the given figures:

“PokerAutomatics Weekly Statement:
https://pokeram.com/stats
Paying Days: 1,577
Total investors: 37,572
Investment capital: $ 3,216,086
Own capital: $425,046
Total Income: $271,993 (7,47%)
Share of Expenses: $ 113,149 (3,11%)
Profit: $ 158,844 (4,36%)
Total withdraw: $ 5,112,927
TOP-1 Investor: $126,502
TOP-1 Affiliate: 1,532 referrals
Total pokerbot accounts: 1,003”

The alleged pokerbot network is upgraded regularly, and the information on that (although completely unverifiable too) is given in the regular news updates posted on PokerAutomatics‘ website. Here is the latest report on that for your information:

“Pokerbot network upgrade
A number of poker bots in the network increased to 1,014
Our future goals:
January 2016: 1200-1300 active poker bot accounts
July 2016: 1500-1600 active poker bot accounts
January 2017: 1900-2000 active poker bot accounts
July 2017 and further: 2000 active poker bot accounts
The ultimate goal – 2000 active poker bot accounts.
For security reasons we won’t increase our botnet above 2000 active poker bot accounts.”

Certainly it’s not all about pokerbots and unbelievable stats, investors should take into consideration that PokerAutomatics take deposits starting from $30 via lots of various payment methods. They include SolidTrustPay, PerfectMoney, Payeer, BitCoin, OkPay, NixMoney, AdvCash, YandexMoney, Qiwi, Payco and bank transfers from selected banks. You then choose the duration of the investment plan from 30 to 180 calendar days and get paid daily with the initial investment returned to your balance on expiry of your term with the program. Please note though that there are some peculiarities involved that should be taken into consideration when calculating your profits from PokerAutomatics (that can be a share from 40% to 80%), so for all the further information please refer to my detailed review posted here.

Every member of PokerAutomatics participates in a weekly lottery, the prize in which is VIP status. Last week’s lucky winner was named below and gained some perks which you can read about by visiting the link posted in the update:

“Lottery Results 23.08.2015:
The winner of this week is xzden384.
Congratulations!
You get VIP status as a prize.
https://pokeram.com/lottery”

As an additional source of income from PokerAutomatics you may become a local representative. You can apply for higher commissions from your referrals in exchange for this position if you have at least a $1,000 active deposit in the program yourself. New representatives are added routinely and the last one was reported to be from Switzerland:

“We have a new Representative
Kevin Cavalli – Switzerland
You may contact him by email
https://pokeram.com/representatives
170+ Representatives!”

All in all, I can’t praise PokerAutomatics enough and I believe it’s run by one of the most professional teams in the HYIP industry. Many of you seem to agree as the program currently occupies the #3 position on my monitor’s Premium List.

GET PAID REPORT FOR 27/08/2015

Here is the list of the programs from my monitor that paid me for the last 72 hours:
From MNO Sticky list: –
From MNO Premium list: RollNRich, USDBusinessLimited, PokerAutomatics, AtrexTrade, BitMinerals, 4Finance, HonorForTheBrave, BellRoi, TradingAssets, Nuggetz (the first instant payment received).
From MNO Standard list: Carbon7.
From MNO Basic list: –

As ElegantTrading has become an unexpected scam (or at least that outcome is 99% certain), I can’t keep the last poll for any longer and so, the results will not count its share, but the poll will stay open for the next few days to decide on your favorite from the remaining four. So, if you haven’t submitted your vote yet please do so on the MNO TalkBack page.

That is all for today, guys. I hope to see you all on the MNO blog soon. I haven’t decided when I’m going to publish next, but you can be sure that the first thing that comes to mind is a detailed description of the latest exclusive program on MNO Nuggetz. And who knows – perhaps, it will be as successful as other Nugget themed programs that ran in the past and were also exclusively listed on MNO as well. You should also expect more news and updates from your favorite programs and possible new additions to my listing as well. Please do not forget to check the latest status of any program you’re about to invest to just to make sure it was on Paying status. Take care and see you soon, folks!