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

Hello everyone! It’s been a slow enough start to the new business week in the HYIP industry, not a great deal to report on but that’s only to be expected around this time. I do want to take a closer look at one of the latest programs to join the MNO monitor. This time it’s the turn of a program called BitcoinTraders which is on the Premium List. The program is following the current trend favoured by a sizeable section in the HYIP community in terms of the investment plan that’s available, though also very much their own version of a popular model in the HYIP industry for some time now. Some outstanding success stories (alongside some pretty dismal failures it has to be said) so let’s see if BitcoinTraders can emulate any of them in the coming weeks or not and if you think you might find room for them in your own online portfolios at this time.

Starting with the investment plans then, the first and somewhat unusual thing about BitcoinTraders is they only have one of them. OK, I don’t really mean it’s unusual, I just mean it’s untypical, but it’s by no means a bad thing. I suppose in some ways you might notice the best restaurants are very often the ones with the smallest menus, you just concentrate on the thing you know you can do best, and make the best possible success from it. So what about the earnings then you might ask? Well, BitcoinTraders will pay you a fixed 12% rate of interest every business day, Monday to Friday, for a 10 business day term. That’s two calendar weeks. The basic minimum you can join for is a very affordable $10 you are offered 12% interest back on your deposit per day. All deposits, regardless of size, are treated equally and subject to the same terms & conditions, i.e. smaller investors can expect the very same return from BitcoinTraders as the bigger spending ones. Payments are already factoring in your principal, so this will not be returned in a separate payment at the end of the term. That means you earn a total of 120% on your investment, from which 20% is net profit.

To take a practical example of how that might look in monetary terms then, let’s say you want to join BitcoinTraders with a $100 deposit. For this they offer to pay you back $12 per business day, Monday to Friday, for ten business days. You should keep earning until you reach $120 back on your principal. That’s a $20 profit on top of your own money back. Arguably the more important statistic here of course is the break even point, where you earn back an amount equal to your investment therefore making it impossible to lose money. This comes after nine payments when you see your very first profit.

If any of that sounds appealing enough for you to join, then the next item for discussion is what are your payment options. The list of processors employed by BitcoinTraders is fairly standard for an online HYIP like this, with nothing unexpected but most of the popular providers there anyway. As things stand, and I wouldn’t really expect this to change, you can deposit via PerfectMoney, AdvCash, and Payeer for those of you who prefer the more traditional style payment processors, and BitCoin for anyone favouring the more direct route of using their own digital e-currency. No matter what the choice, BitcoinTraders have committed to all payouts, being instant. You will still need to log in to your private members account area and submit a request, but once done the money should appear in your payment processor account in under a minute. And having monitored BitcoinTraders myself for a couple of days now I can confirm that this is indeed the case.

On the more technical and design side of things, such as web design and security, BitcoinTraders are hosted on a dedicated server with the support and protection from DDoS attacks provided by SharkTech. The website is SSL encrypted by Comodo for an added layer of security, with safer browsing and more secure transactions. BitcoinTraders is is running off a script under license from GoldCoders so most you you will no doubt be able to find your way around the site with great ease and familiarity given it’s popularity in the HYIP industry.

Customer support if you have any questions or account related issue is available by filling in your details on the ticketing form found on the contacts page and submitting it. You might prefer to write directly to the BitcoinTraders admin at the listed e-mail address. I would however suggest you dismiss the postal address as unlikely to be more than a virtual, hosted office and not where you’ll find anyone connected with the program physically located.

Little to no information is available on any kind of business plan (if there is one) behind BitcoinTraders other than a brief mention of trading on the crypto currency markets. I mean there’s no real information beyond a short and extremely vague few lines there for you to check out for yourselves, and anyway, there’s never any guarantee that any business plan necessarily has to be profitable. Then again I think we all know by now that the HYIP industry is the only business that offers the kind of returns being touted here. So as with all programs and not just BitcoinTraders let me just wrap it up with a reminder that you are under no obligation to join, need only spend a minimal amount of money if you do join, and if you want to play the HYIP industry it’s best to keep a diverse portfolio of smaller investments rather than too much money in too few programs.

Just before we move on to the news section I want to finish up with BitcoinTraders, at least for today anyway, by asking what readers think of it. You can weigh up the pros and cons of joining, and decide whether it’s a risk you think worth taking. I hope then that you won’t mind answering the following opinion poll question, which is as always 100% anonymous and only takes a second to complete. Thanks to everyone who votes, as it will make interesting reading maybe not today but several weeks from now when we look back on BitcoinTraders and see how it has developed by then:

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DAILY NEWS FROM THE HYIP INDUSTRY

ELLIR – WITHDRAWALS TO BANK CARDS NOW AVAILABLE TOO

You might remember that just a week ago the admin of Ellir had some good news for members looking to invest via Visa or MasterCard by introducing a new funding option fulfilled via a third party provider. Now after a successful withdrawal test period can be requested to Visa and MasterCard as well, but during the first stage of development they can be only processed manually within 48 hours maximum. That in no way affects the withdrawals to other payment methods Ellir has been working with – PerfectMoney, Payeer, BitCoin, and AdvCash – as they will be processed instantly as usual. Actually instant payouts are one of the many things investors like about Ellir that has been slowly but surely creeping into the top of the MNO monitor list over its first eighteen days on Premium List. You can read more about the program’s main features in my review posted here, and then you might perhaps be willing to join and invest in one of its four investment plans that pay 16% for 7 days and 9.3% for 14 days (principal included) and 2.67% for 15 days and 3.34% for 30 days (principal return on expiry). After all, so many investors have already made good profits with Ellir and now that more payments options are onboard why not expect more interest in the program that keeps pleasantly surprising us regularly as in the following update re-posted below:

“VISA/MASTERCARD WITHDRAWAL OF FUNDS
Dear participants!
The site can withdrawal of funds for Visa/MasterCard cards. To withdrawal on the card, you need to specify your card number in your account settings.
The conclusion on the card within a week after the publication of the news will be in the beta testing stage, payments only in manual mode up to 48 hours. After testing, the output will be up to 24 hours.
Payments to all other payment systems remain unchanged – in automatic mode (instant).
Commission for withdrawal of funds to cards is 0%. The withdrawal is available to all participants: it does not matter which payment system was replenished.
We try to improve and improve the system as much as possible, and also to strengthen cooperation of investors with us!
Best regards, administration.”

BITCY – HIGHLIGHTS ON CASUAL INVESTMENT PLAN

If you have just 0.005 BTC in your BitCoin wallet or $20 to spare in your PerfectMoney, Payeer, or AdvCash account you may as well try investing in Bitcy. Its shortest and smallest risk plan called “Casual” will pay 2.3% daily interest for the duration of 15 calendar days with principal back on expiry, offering 34.5% net profit by the end of the term. Here’s how the admin of Bitcy describes it on Facebook:

“Casual plan is your first steps in the world of big earnings!
Specially for those wishing to quickly get income from Bitcy we have created Casual tariff plan. It is perfect for novice investors since it enables you to make a minimal investment. You can withdraw your first profit within 24 hours after the deposit was made.
Make an investment from 0.005 to 0.25 BTC and get profit of 34.5% to your personal account and a deposit body return. For example, having invested 0.1 BTC in Casual you will get 0.134 BTC in 15 days. Every day 2.3% of the deposit, immediately available for withdrawal, will be credited to your account. On the 15th day the initial deposit amount will be transferred to your account along with a regular payment.
Make a trial investment and make sure that making money on the Bitcy Limited platform is easy. Keep track of your progress in dynamics and consider other, more profitable tariff plans for your future investments.
Remember: big success starts with small achievements!”

Your choices when investing in Bitcy are not limited to just one offer for sure, as you can also try the higher paying longer term 2.6% for 25 days or 0.13% hourly for 1440 hours plan (both returning principals on expiry). And if you’re brave enough then you can go for the higher risk options paying once on expiry – 155% after 15 business days, 550% after 20 business days, 1700% after 40 business days, 1200% after 60 business days, 7000% after 100 business days. Bitcy has been on MNO for over six weeks now and has been performing quite well having managed to reach the top position on the Premium List. For more information on Bitcy please refer to my original review posted here.

RESONANCECAPITAL – ANOTHER WEEKLY TRADING REPORT AVAILABLE

Another business week starts today with another weekly trading report from ResonanceCapital (reviewed here). The program promises to pay 28% for 4 weeks, 6%-6.2% for 24 weeks, 3.3%-6% for 48 weeks, and will accept deposits from a $50 minimum via PerfectMoney, Payeer, AdvCash, NixMoney, and BitCoin. The withdrawals can be then requested at the end of each business week starting on Friday evening GMT and are paid by the admin manually within two to five business days. If you wish to know more about the alleged trading activities in ResonanceCapital please read below for various files available in PDF format:

“TRADING REPORT FOR THE THIRD WEEK OF NOVEMBER 2017 (11.13.17-11.19.17)
Hello, dear customers of ResonanceCapital.
Our financial department prepared a trading report for the third week of November (11.13.17-11.19.17) and proceeded to prepare a trading report for the fourth week of November.
Trading report for the third week of November (13-19 November) in PDF format:
Forex https://resonance-capital.eu/uploads/trading-reports/november-2017/third-week/ENG/FOREX-ENG.pdf
IPO Market https://resonance-capital.eu/uploads/trading-reports/november-2017/third-week/ENG/IPO-ENG.pdf
Penny Stocks https://resonance-capital.eu/uploads/trading-reports/november-2017/third-week/ENG/Penny-ENG.pdf
Stocks and future market https://resonance-capital.eu/uploads/trading-reports/november-2017/third-week/ENG/Stock-ENG.pdf
Cryptocurrency https://resonance-capital.eu/uploads/trading-reports/november-2017/third-week/ENG/Crypto-ENG.pdf
Full report in ZIP archive https://resonance-capital.eu/uploads/trading-reports/november-2017/third-week/ENG/ENG-13.11.17-19.11.17.zip
This week turned out to be somewhat unbalanced, as several directions scored less than 1%. Crypto currency earned almost 15%, since it invested 70% of the company’s total investment. In addition, the market of crypto currency is constantly growing, new promising tools are emerging, which gives more opportunities for earnings.
Dear customers of ResonanceCapital, follow our news and share information with your investors.
Yours Faithfully, ResonanceCapital”.

HASHWORLD – SCAMMED IN LESS THAN A WEEK FOR NO APPARENT REASON

It’s really a shame that the admin of HashWorld pulled the plug on his program and stopped instant payouts yesterday with less than one week online. Please note that smaller withdrawals of up to 0.001 BTC are still processed instantly, so if you’re owed something small the admin may well want you to invest more in case you’re not aware of their real status. I’ve no idea for how long this window for smaller instant payments is going to continue, but at the time of writing you can still see smaller payouts processed under the Paid Out tab in the top right corner of the website. Make no mistake though – HashWorld is gone for good and everything else is playing tricks from the admin side who doesn’t bother responding to emails since yesterday. Yet HashWorld, like the previously announced scam GreenForex, might pay selectively for some time on smaller payments in hope of larger deposits coming their way. I would suggest you totally ignore this and even if you’re still getting paid by either GreenForex or HashWorld please refrain from making any further investments. Those small payments from HashWorld may last a few more days, but might also have finished by the time you read this. Whatever happened with HashWorld and forced the scam without anyone even close to the break-even point will remain a mystery forever. One thing is for sure – it was not due to high deposits from MNO readers, but perhaps some outside sources made a contribution by this untimely demise of seemingly well-prepared program like HashWorld. Do not invest there anymore, guys!

GET PAID REPORT FOR 27/11/2017

Here is the list of the programs from my monitor that paid me for the last 48 hours:
From MNO Sticky list: ChainGroupService, Octoin.
From MNO Premium list: Ellir, ACO, CoinPlace, BitcoinTraders, GMTForex, PrimarICO, CurrencyGlobal.
From MNO Standard list: TradexTop, BISTInvest.
From MNO Basic list: Investellect, BitWaves, InfiniteAlliance, WorldMining.

That is all the news for tonight, guys. I hope you’re all busy developing a suitable strategy for your investment portfolios come “Black December” and the low investment activity and unpredictable fast scams. That usually happens before Christmas, but just how many people will change their investment strategy according to that is a question asked in the poll here with the final results by this weekend. I’ll take a day off tomorrow and return on Wednesday with the more news from the biggest programs in the HYIP industry plus a full review of BISTInvest. As usual you can always contact me via this form, write to my email address directly at abramsonp@gmail.com, and chat with me live on Telegram @mnoblog. Don’t miss any promising newcomers or timely scam warnings by following MNO on Telegram, Facebook, or Twitter, and if you prefer to read the full blog articles then subscribe here and have them regularly delivered to your email address. See you soon on MNO – For Money Lovers!