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

Hello everyone, and welcome to a brand new business week on MNO with hopefully great new money making opportunities to be had for all. After a quiet weekend in the industry we don’t have much in the way of news updates to catch up with but that’s OK because all the programs on the MNO monitor continue paying out without any problems. So in half of today’s article I’ll just focus on the results of the most recent opinion poll that ran on the MNO TalkBack page over the last week. The first item of business up for discussion today however is BitAeon, a brand new addition to the MNO monitor‘s Premium List. New to MNO, but not quite new to the online HYIP industry given that BitAeon have been operating for almost two weeks before today. Actually that’s long enough for the first investors of BitAeon to be in profit from the program already, though that depends entirely on if they were using the right strategy. I’ll explain what that strategy might be in a moment, as well as all the other important features of BitAeon. So let’s see what it’s all about and whether you might have room for them in your own online portfolios.

Starting with the investment options as usual then, BitAeon only have one plan though it’s quite remarkable in the sense of the amount of flexibility and control that gets handed to the members. I should start by saying however that BitAeon is another program that works exclusively with BitCoin. Therefore I’m going to describe the investment plan using BTC as there’s really no point in trying to discuss anything in terms of dollars. If I did then any information I give you today would be obsolete tomorrow, but for those of you who prefer to think and plan your investment strategies around dollars then as always I recommend using snipta.com as an excellent resource for live up-to-the-minute exchange rates. By way of a hint, just to get you started, I’ll just say that BitAeon‘s minimum investment at the time of writing is around $32 (give or take a few cents), somewhat above the industry average but again, you would really need to check the exchange rate on the day you invest to see if that goes up or down. However with BitCoin itself being the operating currency of choice for BitAeon there is no conversion involved, meaning that members will be paid the same amount in BTC every day. Your investment becomes active after at least one confirmation in the Blockchain network.

So, with that out of the way then I can tell you that BitAeon is what I would call a perpetual style program. In other words the term is open-ended, i.e. no expiry date. So once you become a member that’s it, you remain a member and continue getting paid until such a time as you decide to leave. What happens in the meantime? Well for starters there’s a kind of two-tier earning scheme. You get paid every calendar day regardless, but there’s a difference between business days and weekends.

Let’s look at the numbers first though. If you want to join BitAeon you will first need a minimum of at least 0.005 BTC in order to make an active investment. From that point on you can expect to earn 3% interest per business day, Monday to Friday, followed by a reduced rate of 1.5% per day on weekends, Saturday and Sunday. There is no maximum limit placed on how much you are allowed to spend. Where BitAeon return flexibility to the members as I already mentioned above is that they allow you to determine your own investment term length. You are free to withdraw your principal at any time and leave BitAeon, pocketing whatever interest you have already withdrawn as net profit. The only real certainty is that all investors, big and small, will be rewarded with the very same interest rates described above. 5% per business day and 1.5% per weekend day adds up to 18% per week. You can set your own goals based on that and do your calculations based on what you are looking for.

One other important feature to the investment plan is the availability of compounding, in other words instead of withdrawing your profits you allow BitAeon to hold on to them and add it to your principal in order to grow it. You are free to set any amount you like from 0% to 100%, though the good thing here is that it has no affect on your right to still request your principal back at any time as usual.

The thing you need to be most careful with here of course is that BitAeon have a penalty fee of 10% charged on all principal withdrawal requests. Basically what that means is you don’t want to leave too early, or else you come out with less money than you joined with. So make sure your interest payments cover at least the bare minimum 10% fee before you even think about leaving. This could be either four to five days depending on what day of the week you joined, however your principal itself is only locked-in for the first 24 hours. As for payment options, well I’ve already covered that but just to re-cap BitAeon work exclusively with BitCoin. While I don’t regard the absence of a dollar based payment handler to be by itself a hindrance to the progress of BitAeon, a couple of alternative cryptocurrency options wouldn’t hurt. On the plus side I can confirm that all withdrawal requests are handled instantly by the script. Just take note, the minimum withdrawal request is 0.005BTC so make sure you have at least that amount in your BitAeon account in order for it to be honoured.

This then is where matters of personal strategy come into play. The thing is that in most reviews on the MNO blog right now would be where I would normally try to offer some kind of practical example of how a typical investment might work in the program, but that’s not entirely possible with something like BitAeon. There are as many possible outcomes as there are potential investors, it just depends what you are trying to achieve by joining. Personally speaking as a monitor here I’m committed to remaining a member of BitAeon for how ever long the admin manages to keep it online. If that’s what you would like to do too then it will take you between five to six weeks (depending on what day of the week you join) to reach the break-even point. That means you earn back an amount equivalent to your principal and therefore cannot possibly lose any money after that, with each subsequent withdrawal going down as net profit.

But that’s just me as a monitor, that strategy may not be suitable for you as a regular investor. Remember you don’t have to wait six weeks just to break even, you can do it anytime once you can cover the 10% principal withdrawal fee. Once that’s been covered you can exit BitAeon with the level of profit you are satisfied with when you like, or perhaps stay for as long as you have a gut feeling the program has probably taken you as far as can be reasonably expected. Whether that’s a carefully planned strategy or just total random guesswork is up to you.

I don’t think there’s anything too complicated there about the investment plan, if anything it’s a lot simpler than most other programs, so let’s move on to some of the more technical aspects of the BitAeon website. Design is important of course but superfluous when it comes the more important matter of security. In that sense BitAeon looks extremely well organized and I have no reason to doubt the admin’s claim that the site went under extensive testing while still in preparation for the official launch. As I think investors are entitled to expect from any online program before handing over any money, BitAeon have not made any compromise here. The program is running off a custom made script which nevertheless is user friendly and easy to use. Perhaps there’s just one minor issue I need to point out for the simple reason this might not be immediately obvious to first time sign-ups with the program. In order to gain access to your account the log-in button is not located across the top of the page as you might expect with most HYIPs, but rather by clicking the “Access BitAeon” button located closer to the middle. From there everything works just fine.

The domain name has been pre-paid for four years in advance, which while not an especially difficult or expensive thing to do nevertheless gives a good first impression, particularly to industry newbies, and does create the image of a professional admin. Someone who prefers to deal with the small things today before they become problems tomorrow, always a good strategy in any business. The BitAeon website is fully SSL secured by Comodo for safer browsing and more secure transactions, and is hosted on a dedicated server with support and protection by DDoSGuard.

One other fairly unique security feature about BitAeon you should pay close attention to is the PIN code. It’s a six digit number that you will need to set up yourself when signing up. Remember to take special care of this because you are going to need it again every time you want to make a withdrawal from BitAeon or when ever you wish to make any other adjustments to your account there.

Furthermore the company under the name BitAeon Limited has been registered in the UK which you can independently verify by clicking the link provided on the website. Again it’s neither a difficult nor an expensive thing to do, but it all adds up to create a better first impression. There is a Payouts page where you can verify the flow of funds in the admin’s BitCoin account, so that might help give some idea of the program’s financial health.

For any further questions you might have for the BitAeon admin or any account related issues then naturally the first port of call has to be the website’s FAQ section, which can save everyone a lot of time and energy by simply taking a few moments to read through it properly. Once everything is understood there and you still find yourself with an unaddressed issue, you can write directly to the BitAeon admin either by filling out your details on the online support form or else by using the listed e-mail address. You will also be able to communicate with BitAeon using social media as they are active on both Facebook and Telegram. It will probably help a lot of investors to know that BitAeon was first made available in Russian then followed by Arabic and Portuguese so that’s going to make things easier to understand for a good section of the HYIP world.

Overall my first impression of BitAeon is mostly positive and it seems things are going in the right direction. For anyone still interested, the alleged lines of business the admin claims to be involved with includes “forex trading, currency exchange, blockchain, and crowd funding.” That’s pretty much where the solid evidence to support any of that begins and ends of course, and there’s nothing you can do to research and prove that, were you so inclined to even think about it. For the more trusting among you, remember that even if it was true there is still nothing that says it has to be profitable all the time. Better to treat BitAeon as you would any other HYIP, but if you think they are a suitable pick for you then just remember to keep your spending strictly limited to what it won’t bother you to lose, and to keep BitAeon as a smaller part of a wider more diverse portfolio.

Before I finish with the review of BitAeon and move on to today’s news updates I would like to ask if anyone reading this has their own opinions on the program? Good, bad, or indifferent, I hope you won’t mind sharing them with your fellow readers. It takes literally a second to vote, is totally anonymous, and will make for more interesting reading once we are looking back at the program at the end rather than looking forward at the start. In other words how many people would make a good or bad judgement call looking at the program as it stands today. Please answer the following question:

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DAILY NEWS FROM THE HYIP INDUSTRY

MNO TALKBACK – POLL RESULTS AND NEW QUESTION ASKED

Let’s have a closer look at the results of the recent opinion poll that was open for your votes on the MNO TalkBack page over the last seven days. Although the final results of the poll were kind of predictable I was still interested in just how many of you think that this slower than usual autumn season in the HYIP industry has met their expectations. The exact question went like this – How do you evaluate the HYIP industry so far this autumn?

As expected, a two third majority of readers (almost 67% of the voters) said that “it’s worse than they expected” it to be. That is quite true, as everybody can see it with the absence of one clear leader that would usually be present at this time of the year the HYIP industry does look like a lonely place with something obviously missing. That in turn results in lower than usual investment activities and an increase in selectiveness on the investors part who are disappointed by the currently large number of programs of far lower overall quality and a significantly reduced lifespan on average. Only 22% of readers believe the industry this autumn season has been so far “better than they expected” the the remaining 11% think it’s “exactly what they expected” it to be – the the combined number making up the third of those who participated in the poll. Well, I guess if your expectations were lower than usual then you can still be happy with the amount of choice offered by the current list on the MNO monitor and will figure out for yourself what programs are the most likely for you to make some money from. Let’s hope that the remaining few weeks of the autumn season and the upcoming winter months will prove more fruitful and exceed all our expectations. Time and MNO will tell you when that it is, so keep an eye on my blog for more promising programs!

For the next question on the MNO TalkBack opinion poll here I want to turn to the subject of Telegram. It’s been one of the most popular new developments on the internet in recent times, coming from almost nowhere to being a hugely popular global phenomenon in (in business terms) a blindingly short period of time. I guess a lot of this might be down to the impressive reputation of its creator Pavel Durov who was already pretty much world renowned as the creator of Russian social media giant VK. Anyway, there are of course many great aspects to the Telegram messaging service, you can find a lot of use for it in our day-to-day lives, but as a HYIP monitor I just want to focus on its usefulness in this industry. It seems the vast majority of new programs coming online, take the above reviewed BitAeon as just one example, will have at least as a minimum a Telegram profile used for communication. It’s especially handy for mobile devices of course but can also be used on laptops and desktops. However more and more programs take this a step further and establish so called “Telegram groups” for their members. Basically these are just public access mass member discussion groups where everyone involved with the program in question can participate, be they investors, admins, tech support, or whatever. People can share their experiences, ask questions, more or less just contribute anything they feel might be relevant or interesting for other members of the group. But what do you guys really think about this “service”? Have you ever used it, did you ever find it to be useful in any way, has it ever improved your experience with the program operating it, etc? Or perhaps you think it’s just a fad, something trendy to be seen to use but of little practical use when it comes to managing your investment?

So, the exact question will be: Do you ever participate in Telegram groups created by HYIP admins?

And the possible answers will include:
– Always, I like to share my opinions and see what others think
– Sometimes, when I feel the need to clarify some issues
– Never, I don’t think I will find anything useful for myself there

You’ll have noticed I deliberately omitted an option for people who simply don’t have a Telegram account (why not? It’s free just like WhatsApp, Line, Skype, etc) because I’m more interested in the opinions of those who make use of the service outside of the HYIP industry. Anyway, as usual the poll will remain open for around the next week or so on the MNO TalkBack page here, definitely long enough for anyone who wants to vote to have plenty of time to do so. As always I just want to say thanks in advance to everyone who takes the time and effort to participate, it literally just takes a second to do it and all votes are 100% confidential and untraceable. And of course the results always go a long way in determining what features investors really care about in the programs they might be thinking about joining, so in that sense your vote can also be actually quite helpful!

GET PAID REPORT FOR 05/11/2018

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: CoinFinance, LuxEarn, InstantMiningLimited, BitBoots, TokenLogic, BitAeon (the first instant payments received).
From MNO Standard list: –
From MNO Basic list: –

That’s about all for today, guys. I hope you enjoy reading my blog and in order not to miss anything important please follow it on Telegram, Facebook, and Twitter, or subscribe for daily updates delivered straight to your email address that can be submitted and confirmed on this page. Remember that if you have any questions, suggestions or advertising requests you can always contact me by submitting this form, write to me directly at abramsonp@gmail.com, or simply chat with me in real time on Telegram @mnoblog. I’ll be back in a few days with more news from the biggest programs in the HYIP industry and possibly even introduce some newcomers as well. Stay tuned and see you again on MNO – For Money Lovers!