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

Hello all! Well it was another mixed day in the HYIP industry today, but to be blunt not entirely a day full of surprises as storm clouds were already gathering. I’ll be talking a little bit more about that coming up in the news section later on in the second half of today’s article. On the plus side however a void rarely takes very long to be filled in this business, and I’ll also be introducing two new additions to the MNO monitor today so keep reading to see if there’s anything that you might like there. More detailed reviews will follow in due course, but for today I want to look at another new program called BTCino. This is more of a shorter term HYIP which has now been online for about a week and a half or so. It’s only been on the MNO monitor for the last four days at the time of writing, though having said that there has been some significant improvements to the program in the time between BTCino‘s launch and it joining my monitor. Hopefully that will be an indicator of how the admin means to continue, so let’s see if there’s anything there you would like to add to your own portfolios.

What better place to start things off then than by explaining the investment plans, the main reason most of you are showing any interest in BTCino at all I suppose. There are three plans to choose from, all with certain variations based on your own individual budget. The first name on the list is The Starter Plan which runs for 6 calendar days. The minimum requirement for joining is an affordable $10 minimum, for which BTCino are offering a daily interest rate of 2%. At the end of the term this adds up to 12% in total, obviously nowhere near a profit by itself. This only comes when BTCino return your principal on expiry, leaving whatever interest payments you have collected as your net profit. This rate is applicable for all amounts up to a $500. Bigger spending players with deposits on the range of $501 to $1,000 can avail of a rate of 2.3% per day yielding 13.8% net profit, and anyone investing a larger sum to a maximum value of $2,000 is offered 2.5% interest per day, or 15% net profit.

The second option is known as The Advanced Plan, which is still affordable to all as BTCino do nothing with the $10 minimum required to join. The investment term does increase however, stretching now to 10 calendar days. BTCino maintain the policy of daily interest payments, giving members with anything up to $500 a rate of 2.2%. On expiry this should add up to 22%, which will only become profit once the BTCino admin returns your principal as promised. If you prefer a bigger investment then the rate improves to 2.5% per day on amounts from $501 to $1,000 which gives 25% net profit, and 3% per day on anything larger to a $5,000 maximum which is 30% net profit.

The third and final option is called The Professional Plan, which is similar to the others in terms of operation but not in terms of cost and affordability. BTCino are asking for a $1,100 minimum to join here, and given the increased risk that also goes with it I guess this won’t be suitable for everyone. The investment term runs for 15 calendar days, and during that time members with as much as a $2,000 deposit are offered a return of 2.6% every day. This comes to 39% in total, and becomes your final net profit depending on BTCino returning your principal on expiry as promised. Higher rates require bigger investments, so for a daily return of 3.2% you will be required to spend between at least $2,001 up to a maximum of $5,000. On BTCino returning your principal on expiry this should then become 48% net profit. And lastly for the biggest, perhaps most reckless, gamblers spending from $5,001 to the absolute maximum allowed by BTCino of $10,000 the daily interest rate is 5%. This should bring in a total of 75% on your deposit, then becoming net profit if your principal is returned as promised.

One feature of BTCino that was already pretty good even before it joined MNO but has since even improved is the area of payment processors. As one would normally expect in the HYIP industry there are plenty of anonymous which, for your own reasons naturally, will best suit some of you. These include PerfectMoney, Payeer, and AdvCash for the more regular payment handlers, and BitCoin for those favoring a more modern e-currency. Lending a bit more credibility to BTCino however is the more transparent and safer option of SolidTrustPay. This combined with the more recent addition of Payza will go some way towards welcoming the bigger spending more professional investors as well as convincing them of the admin’s serious intentions. As far as withdrawals are concerned, these are credited once every 24 hours and will need to be requested by logging into your private member’s account area. The BTCino will process all transactions manually and asks members to allow up to a possible 24 hour maximum for it to be completed.

Looking in to the more technical side now such as the design and website security features, BTCino is running off a licensed GoldCoders script which I suppose most of the experienced readers will probably have recognized. As usual it has the hallmark easy to navigate familiar feel to it and a user friendly interface. Adding an extra line of defense then the BTCino website also includes a superior Green Bar version of an SSL certificate which is provided by GeoTrust for safer browsing and more secure financial transactions. For a hosting provider the BTCino website is being kept on a dedicated server with tech support and DDoS protection by DDoSGuard, long since regarded as one of the more dependable names in this area.

So OK, the site security seems to tick all the boxes, but I can’t really say the same about the design. To be honest it looks a little bit bland, and corners were cut which makes it look cheap when it really shouldn’t have been too difficult to make things better. On the other hand the program is helped somewhat by a promotional video that tries to explain a bit more what the whole thing is about. You can either watch it on the BTCino website or the MNOVision page where I have also embedded it.

Anyway, I would also agree that things like that are purely subjective, and my opinion on appearances is no better or worse than anyone else’s. And you know, sometimes a simpler more basic website can help make the program more manageable, promoting gradual more sustainable growth. The most important thing is performance, and if BTCino can deliver results then that’s the only measure of success we need concern ourselves with. The fact that the admin has concentrated on doing better work in areas such as payment options would suggest that’s a more likely path for the program.

If you have any further questions for the BTCino admin you don’t think were dealt with in this review or have any account related issues you need to have dealt with then there are two available options. You can either fill in your details on the online customer support form and submit it via the contacts page, or else just write directly to the BTCino admin at the address listed. Fans of social media networks can connect with the program by joining the BTCino Facebook group.

Just for anyone who might be interested, most experienced HYIP players I know will not, the supposed business activities behind BTCino that we are told are allegedly funding the profits paid to members come from ForEx trading. Take it or leave it I guess, it’s probably the single most commonly made claim among online HYIPs though I myself have yet to see anyone prove it. Not that it matters, because even if it was true there’s nothing you can do to verify it and even less to guarantee that this activity somehow has to be so profitable 100% of the time. Best ignore it as even and treat BTCino then as you would any other online HYIP – as a form of high risk gambling. Remember then to stay comfortably within a sensible spending limit you can recoup from other sources without too much trouble were you to lose it, and if you do decide to join BTCino then try and keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE HYIP INDUSTRY

TOPSCORE INTRODUCTION

I’ll start today’s news issue by introducing TopScore. It joined MNO’s Standard listing last night after I’d already posted, so I didn’t have a chance to do this earlier. TopScore launched less than a week ago meaning it’s still very much in the early stages and has yet to put anyone in profit. You see, TopScore (which is allegedly based in the UK and involved in sports arbitrage betting) offers you principal back on expiry but making it impossible to break-even for the majority of plans until that happens. They include 2% for 12 days, 2.5% for 18 days, 3% for 24 days, 3.5% for 30 days, 4% for 36 days. All pay on calendar days and do not overlap with each other in terms of the minimum and maximum amounts you may spend. Although the payment methods accepted by TopScore are limited to anonymous payment handlers only (among them PerfectMoney, Payeer, BitCoin, and AdvCash) all the payouts should be processed instantly which will definitely bring in some fans who prefer not to wait. The minimum to invest in TopScore starts with an affordable $10, and its straightforward and uncluttered layout along with a licensed GoldCoders script should give investors a familiar feeling. A pricier EV SSL certificate with Green Bar provided by GeoTrust and the protection against malicious attacks handled by DDoSGuard who keep it on a dedicated server should give investors peace of mind when it comes to security and the ability to maintain instant payouts. I can confirm that payouts are instant which is why TopScore went to Paying status on the MNO monitor already paving the way to the more detailed review coming tomorrow. As TopScore is a relatively new program and only a few days online the news page is pretty empty and only contains an introductory message on its official launch and a link to the recently opened Facebook group where you are invited to join:

“TOPSCORE GRAND LAUNCH
It is our great pleasure and pride to announce that TopScore has established its presence online. As of today, all information about our company and about offered investment services can be accessed online.
Everyone is welcome to join us and benefit from the services we offer. We strive our best to have a bright future together with all of you.
Yours sincerely, TopScore”

“TopScore Official Facebook Group
We are pleased to announce that our Official FaceBook Group has just opened for public today.
We invite all our member to join our Official FaceBook Group here: https://www.facebook.com/groups/1122136051166644/
Feel free to post your payment proofs, invite your friends to the group so they would be able to know and benefit from the services we offer.
Yours sincerely, TopScore”.

MODERNBITCYLIMITED INTRODUCTION

The second program joining the MNO Premium List just earlier today is called ModernBitcyLimited. The program is not very new and was launched over two weeks ago, but due to its payment schedule even the very first investors have not reached their break-even point yet. Actually, there is only one uncomplicated plan that applies to all deposits starting from $10 with no upper limit. It pays the same 6.6% daily rate of interest for 30 business days (or 6 calendar weeks) leaving you with 98% pure profit at the end of the term. ModernBitcyLimited is an absolute gem when it comes to design and you will not be able to take your eyes of the flashy orange-gold tones when you first open the website. And a first impression is important in the highly competitive HYIP industry – trust me! When signing into your account with ModernBitcyLimited you won’t even believe it’s running off a regular licensed GoldCoders script, although it is, just heavily modified to blend in with the program’s stand-alone design. Although ModernBitcyLimited accepts all four major anonymous payment processors, if you want instant withdrawals then use BitCoin or Payeer. Withdrawals to PerfectMoney and AdvCash are manually processed which is nevertheless quite fast and shouldn’t take more than 8 hours. When it comes to site security no corners were cut. An EV SSL-certificate from Comodo for more secure transactions plus the ever reliable hosting provider DDoSGuard keeps the site on a dedicated server while providing it with superb protection against possible cyber-attacks.

Overall, the site of ModernBitcyLimited is quite informative and should answer all your questions. If you prefer more graphic information then check out the introductory video, also found on the MNOVision page (click here to watch). However, just in case you would like to read more on all its features please tune into my blog on Thursday for a detailed look at ModernBitcyLimited, so stay tuned for that. In the news section there’s so far only one message announcing the program’s official grand launch which I re-post below and yes, the word “limited” is there for a reason as the program is incorporated in the UK (not that it’s a big deal or a determining factor when it comes to HYIPs):

“WELCOME TO MODERNBITCYLIMITED
We are glad to announce that our investment company «ModernBitcyLimited» has been launched 19th April 2016. With the opening of our company each have the opportunity to become a successful and independent. Every day we will develop our project. We wish good luck and high profit for all our investors.”

BTCHOURLY – SPECIAL2 PLAN SOLD OUT, SPECIAL3 PLAN LAUNCHED

If you somehow regret missing one limited in time investment plan offered by BTCHourly until today that promised a laughable 10,100% to 10,900% return in just 24 days, then you’re not really that experienced in the HYIP world. For such gullible people the admin quickly replaced one ridiculous plan with another, promising an even more ludicrous 10,200% to 10,800% return after even shorter period of 19 days. One needn’t be a mathematician to see that it’s a simple impossibility to pay such astronomical returns in such a short period time and that simply means that these unlucky people who join will get scammed – period! As this new plan is now set as default in the member’s area and the minimum to invest there is only 0.35BTC or its USD equivalent in PerfectMoney or Payeer, one should be very careful as to not to accidentally invest in this nonsense by mistake. The only investment plan where one can actually stand a chance of profiting in BTCHourly, paying instantly to BitCoin, Payeer, and PerfectMoney is the perpetually paying hourly plan offering from 0.2% to 0.75% hourly for program’s lifetime. All other plans (15000%-16000% after 4 days, 12000%-15000% after 8 days, 5500%-6000% after 45 days, or 8500%-9000% after 60 days) should be avoided. If you wish to find out why I think so please refer to a more detailed review of BTCHourly posted here. As for the now, the program pays instantly, but please remember to ignore all the promotional emails like that received today and invest only in the hourly paying plan if joining at all:

“BTCHourly – New plan : Special 2 Plan – SOLD
Hello All Member,
New plan : Special 2 Plan : 10900% After 24 Days + Principal Back. SOLD – New deposit not allowed. Thank you for who have made deposit to that plan. You will be rich after 24 Days.
Best regards. Buken Dosi
Admin. BTCHourly”.

“BTCHourly – We launch new plan : Special 3 Plan
Hello All Member,
Today We launch new plan : Special 3 Plan : 10800% After 19 Days + Principal Back (only available for 100 investor. Available : 96 Unit. Sold : 4 Unit) (Hurry UP !!….Limited time only !!).
Deposit here to our program: BTCHourly
Best regards. Buken Dosi
Admin. BTCHourly”.

CAPITAL7 – MOVED TO PROBLEM STATUS ON MNO DUE TO DELAYED WITHDRAWALS! DO NOT INVEST!

In the HYIP industry, just like the real world, every good thing eventually comes to an end. In the case of Capital7 it took two and a half months to happen. As the admin’s previous programs lasted for five or more months at least, many people would say this was disappointing. However considering that Capital7 was listed on MNO since day one and first on exclusive status, I must personally praise the program’s performance that ran eleven full weekly cycles and two and a half monthly ones. This was more than enough time to make a substantial profit had you joined and deposited at the right time. Yes, timing is everything with Capital7 (as in any other HYIP), and today when it was known the program was unable to honor its obligations to members, reality came knocking. It would be pretty strange anyway to expect absolutely the same result as any previous program run by the same admin, but that’s exactly what some people thought. Unfortunately it didn’t quite work out that way, despite an otherwise respectable result. The very first warning signs were spotted by some investors last Friday, when the admin took much longer to process pending withdrawals to his clients. That in turn caused panic which I believe hugely contributed to the problem, certainly it did nothing to help matters anyway, as new investors were scared off and cashflow ran short as a result. I must say that some smaller payouts to some payment processors kept going even yesterday and today, and may even continue for some time if the admin believes it will encourage bigger deposits from other unsuspecting investors. But that’s about all they are I’m afraid.

Although the admin of Capital7 is experienced and clearly able to digest and recycle thousands of dollars in profits to investors when online (judging by the huge interest in it), he still tried to pull his favorite old stunt at the end. Just a few hours ago I received a message from him in response to an earlier enquiry offering him a chance to explain the situation before giving up all hope and moving the program to Problem Status. He used exactly the same excuse of re-defining the 48 business hour waiting period, claiming that it no longer means a two day period between Monday and Friday but rather a six working day timeframe. I don’t think the admin of Capital7 would mind if I re-post it for your reference in its entirety as I believe it’s just a standard copy/paste email sent to all monitors and investors who may have asked the same question. Just don’t hold your breath for a recovery, the last time (and time before that) this stunt was pulled the programs were absolutely finished. Capital7 is as good as dead now and further investments are not recommended, even if you are so lucky to squeeze something out of it. The majority are not so lucky and will be left waiting a damn sight longer that any definition of 48 business hours you care to use for their payouts:

“Thank you for being a loyal promoter of Capital7!
I am doing everything in my power to pay faster.
The recent scam wave and holiday event came together cause our reserves and back reserves to be withdrawn.
Hopefully it will be processed soon after the holiday is over, bank resume operations & our reserves replenished.
Now I do understand where you are coming from although many might of misunderstand our terms & conditions.
When they have joined our site they have agreed to our withdrawal policy which state clearly 48 business hours.
* Currently there are no withdrawal requests pending for over 48 business hours, and therefore, there is no delay.
“All pending withdrawal requests are processed within Monday to Friday. * Business Hours: 8:30AM – 6:00PM.”
* As you can notice we have 9 working hours per day which means that 48 business hours equal 5.3 work days.
Therefore, depending on the volume and withdrawal frequency, it could take several hours and up to one week.
Hoping for your collaboration, just a little longer.
If you need anything / special requests I’m here.”

GET PAID REPORT FOR 03/05/2016

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: PayGet, CCCWealth.
From MNO Premium list: Romball, ForexKing, ArdexFunds, AngolaDiamond, BandeiraCorp, BetStar, BTCHourly, ModernBitcyLimited (the first instant payments received).
From MNO Standard list: CopperTradePro, BTCino, TopScore (the first instant payments received).
From MNO Basic list: GloboxTrade.

That’s about it for tonight. I hope to see you all tomorrow with a detailed look at TopScore, and the daily news from the HYIP world where I’m glad to see new names replacing the old and hope summer this year will be good for the industry. All the most promising programs will be definitely listed on MNO. Stay tuned for more and meanwhile keep voting on the MNO TalkBack page in the poll before the final results are drawn in just a couple of days from now. Good luck with your investments, folks, and see you all tomorrow!