21/10/2016. BitCorp Review and Daily News from the HYIP Industry
Beware! BitCorp has stopped paying! Do not invest there!
Hello all! It looks like a busy end to the business week on MNO as I have three new programs on my monitor to tell you about. There goes that relaxing weekend I was hoping for but I don’t mind. Better with too much work than nothing at all. The first one is BitCorp which I already told you about in the introduction made in my last blog entry. The others are new and coming up in the news section so keep reading for more info there. Starting with BitCorp, this is really one for the more adventurous players out there, the ones not afraid of a gamble or a high risk. They are the ones to whom I would say programs like BitCorp have the most appeal, offering higher than usual returns in shorter than usual time spans. It won’t be suitable for everyone but I’m sure they will find their niche in the industry, as there’s always a number of more aggressive players on the lookout for fast games like this one.
Before I get to the plans, because BitCorp is running off a unique script I think it’s probably worth a few lines to explain how to sign up and invest. In fact it’s all quite easy, and more so than most programs. First of all there is no need to register an account. All you need to do is to choose between the two available investment plans that I will describe below, clicking on the one you are looking to join. Choose a username for yourself (this is really only a requirement if you want to check the latest stats from the program in the BitCorp website) and the BitCoin wallet you are using. This will redirect you to another page where you see the BitCoin wallet you have to pay to, and your affiliate link if you want to have a go at advertising the program. Your deposit will be added automatically by the system after from one to six confirmations. You’ll then be able to see it on the under the “Deposits” button on the BitCorp website and can also trace the interest payments.
So, the numbers. BitCorp offer two investment plans, both short term and high risk, but with one being clearly a lot riskier than the other. The program works exclusively in BitCoin, so that’s how I am going to describe everything, and just for your reference at the time of writing the exchange rate for 0.01BTC (that’s the minimum amount allowed by BitCorp) is equal to around $6. Actually it’s $6.33 to be exact, but that will most likely change by the time you are reading this review. The first plan, and to be perfectly blunt about it the only one I’d even consider joining myself, is measured in hours. 100 hours in total, or just over four full days. During that time what BitCorp have for you is very simple – an hourly interest rate of 2%, principal included. That means you break even after 50 payments and finish the cycle with 100% profit, or double your money back. A simple example of how that might look in monetary terms then, were you to invest 1 BTC, BitCorp say they will pay you back at a rate of 0.02 BTC every hour until you have reached 2 BTC in total.
The other option is an equally short term plan that also runs for 100 hours, the difference being that BitCorp only pay you once on expiry. It’s quite a bit more money this time, with the rate at 230%, principal included, so that’s more than double your money. You can still join for a very affordable 0.01 BTC, personally I don’t know if I’d be risking much more than that, but hey, it’s your money we are talking about here not mine. But you can see where the extra risk is, right? Because if BitCorp stop paying after 99 hours those members in the hourly plan are still getting out with a substantial amount of profit. If it happens in the on expiry plan you leave with nothing at all. Both plans carry a risk obviously so I’m not trying to overstate one over the other, I just don’t see the need to make the risk any higher for yourself than it already is.
As for payment options, well this bit is easy because I already said BitCorp works exclusively with BitCoin only. That may (or may not) put some people off joining the program, obviously if you don’t own a BitCoin wallet then that rules you out completely, but if you are one of those investors capable of accepting BitCorp for the gamble that it is then you’re probably not bothered by this. Payments made to members out of the hourly plan are fully automated, though they seem to follow a rather odd pattern. Theoretically they are supposed to be made every hour, but then every progressive payment seems to take a minute longer than the one just before it. For example, my first payment from BitCorp took one hour, fair enough, let’s say I got it at exactly nine o’clock. The next one took an hour and one minute so was with me at 10.01. The one after that was at 11.02, then the next one was at 12.03. No big deal, some folks might even like that it adds to the tension! Just be aware of it and not hit the panic button every time you are not paid on exactly the stroke of an hour.
Looking at some of the more technical details now, BitCorp is in fact quite a bit easier to manage than the average GoldCoders powered HYIP. You can see that from reading the description just above on the process of joining. It looks as if almost everything about BitCorp is completely automated by the script and will be handled without any real involvement from the admin, except of course once he finally decides that more money is flowing out of his BitCoin wallet than was flowing in to it, and so pulls the plug on the whole thing. Hosting is on a dedicated server with the support and protection of RivalHost, and for an extra layer of safety the BitCorp website has an SSL certificate from Comodo for safer browsing and more secure transactions.
If you encounter any difficulties or your deposit/interest is not added, just contact the admin by writing directly to the address listed on the website’s contact page, or else by filling in your details on the online support form and submit it. There’s also a regional representative scheme in place, not too many names on it just yet, so if it’s something you want to be involved in then let the BitCorp admin know about it and take it from there.
So there you go, I can’t really think of anything else to add about BitCorp without simply repeating myself. It’s always hard to predict how programs like this will work out, but if there’s just one thing that makes you feel any better about it it’s that the first investors are definitely into profit by now, so in that sense I suppose you could say that BitCorp has already been a limited or partial success. And due to the fact that all payments are on display for members to inspect as they happen, when it eventually does collapse it won’t be difficult or too long before you find out about it. So, like I said at the beginning, it’s one for the gamblers amongst you who know they are just playing a game where results can go for them or against them. Just for the record, BitCorp make the claim that they are involved with the mining and trading of BitCoins, though as is usually the case there is very little evidence to back that up and absolutely nothing to guarantee this activity has to be so profitable all the time were it to be true. Experienced players will I think have a more realistic expectation of what BitCorp can and can’t deliver, so as usual I’ll just finish by reminding everyone to play sensibly if you think this program is right for you. Stay well under a comfortable spending limit it won’t hurt you too badly to lose, and if joining BitCorp then keep them as a smaller part of a wider more diverse portfolio. Whether it’s going to maintain enough growth to be sustainable for a longer run remains to be seen, that’s where the gambling element comes into it and without taking risks there are certainly no rewards in this business.
DAILY NEWS FROM THE HYIP INDUSTRY
MARSCAPITAL INTRODUCTION
The first program I want to introduce tonight is the newest addition to the top-class Premium List on MNO – a new program called MarsCapital. If you think it sounds like the type of a program which invests in the development of chocolate bars you’d be mistaken, as it’s the Red Planet features prominently on its website. It goes without saying that MarsCapital has certainly nothing to do with space exploration either, and it’s just a name of a recently UK registered company that gives them their title. The look of the website is OK though and I find it attractive and unobtrusive at the same time. Technically it’s a decent performer as well with a secure connection powered by an EV SSL-certificate by GeoTrust, the domain name registered for four years in advance, the site is hosted on a dedicated server with DDoS protection by GeniusGuard, and is running off a licensed GoldCoders script. MarsCapital was only officially launched a few days ago and the fact that the admin decided to start the promotion of the program on MNO straight from the highest Premium listing inspires some level of confidence that the program will deliver a good result to clients. The investment plans offered by MarsCapital can be divided into two categories – paying for 20 calendar days and for 30 calendar days – with the principal included in the daily payouts on all the plans and not returned on expiry. Generally, for shorter lasting plans and larger deposits you will get a higher percentage or shorter terms which would be more beneficial for you and will get you to profit zone with MarsCapital faster. In a nutshell you earn 6.5% to 7% over during the 20 calendar day plan (with a net profit of 30% to 40%) or 5.5% to 6% daily if you go for the 30 day plan (which earns 65% to 80% net profit by expiry). The minimum to invest is $10 and can be different for various investment plans. MarsCapital accepts PerfectMoney, Payeer, and BitCoin currencies and withdrawals are manual and are promised within a maximum 12 hours of request. As my first withdrawal has been paid within just a few minutes today, I have already moved MarsCapital to Paying status on the MNO monitor. The full review will be on Monday next business week. I wish the best of luck to all those who already joined MarsCapital or are still just thinking of doing so, and we will discuss the program’s main features in more detail soon. Stay tuned for that, guys!
OCEANINNOVATIONS INTRODUCTION
The second program added to the Standard List on MNO last night on its very first day online is called OceanInnovations. Unlike the previously named program whose name has nothing to do with its alleged business activities, here we deal exactly with what is advertised – in lay terms it claims to be collecting garbage from the ocean and recycling it for profit. There is even a high quality video presentation available on the OceanInnovations website which you can also find on the MNOVision page explaining the benefits of investing with them and how they make money. The investment plan that starts from a $10 minimum pays 2% daily for the duration of the program’s life. That means that it will take you a full 50 calendar days to break even with OceanInnovations after which everything is net profit. As it’s a brand-new program then getting in earlier increases your chance to reach higher profits overall. That’s provided you like what you see on the OceanInnovations website, of course. There are two versions, by the way – in English and Russian languages, which can be easily switched between by clicking the flag icon located on the top of every page. As OceanInnovations run off a licensed GoldCoders script and the admin processes payments manually within 24 to 48 hours, you’re advised to check that your payment processors are specified correctly before asking for a withdrawal. I myself forgot to do so and was contacted by the admin earlier today telling me to update the payment details in my account – that’s a good service for starters already, I can tell you. Deposits are accepted in four currencies including PerfectMoney, Payeer, BitCoin, and AdvCash. Technically the site of OceanInnovations looks great too, with an EV SSL-certificate provided by GeoTrust, hosting on a dedicated and DDoS protected server by GeniusGuard, social networking accounts already connected, and the UK certificate of incorporation shown under the name of Oceanic Innovations Limited. I will discuss these and many other features, including the investment plan offered by OceanInnovations, in the upcoming review on Sunday. The program has been moved to Paying status on the MNO monitor as of this moment, as the first payment was processed within the promised timeframe. Stay tuned for the review on MNO and meanwhile, check out the website, see if you like it, and read the first update on the OceanInnovations official launch re-posted below:
“Grand Opening!
We are glad to greet you on the pages of our website, when you can find details about the company, methods of cooperation and investment opportunities.
From now each user of our platform can open a deposit and make a profit with the company.
Join now and start earning, making this world a better place.”
PAYZA – COUNTRY SPOTLIGHT ON INDIA
With Payza currently being accepted by only two out of the twelve programs listed on the MNO monitor, these include such truly outstanding performers as Zinc7 (reviewed here) and BandeiraCorp (reviewed here). And there is a good reason for that, guys. You see, Payza is a not really a convenient choice of payment method for the average HYIP admin, as it requires some extra skills and abilities to go the extra mile in satisfying customer demands. Such admins have to go through a lengthy process of verifying a business account by providing Payza with all types of legal documents, which should not be an issue for any legally registered entity as some HYIPs try to call themselves. Therefore, unlike many other anonymous payment systems it plays a great deal among investors when an admin decides to add Payza or does it from the very first day online, as the best indicator of good preparation and the level of experience the HYIP admin in question has. Of course, this is not the only reason why HYIP investors should prefer Payza to other payment options, as some advantages include the ability to fund your Payza (and withdraw from it) directly from your bank account and credit card, Payza‘s very own pre-paid card you can order for less than $20, and even BitCoin. It’s especially useful to know that an investor can file a dispute with Payza over the merchant’s inability to fulfil its obligations (i.e. pay what is due in case of scam HYIPs) and get the money back, as all the Payza transactions are fully reversible during a certain period of time. That is only the main reason why payments for advertising on MNO processed via Payza are subject to a much more stricter conditions and a clearance period, as specified on my advertising page here.
Anyway, back to the latest update from Payza which is posted on their official blog page earlier last night. As you might know from earlier news, Payza is now offering its Indian customers a great opportunity to have their accounts operate in the local currency of Rupees. You might wonder why this payment processor is paying so much attention to the Indian market which is relatively undeveloped yet in the field of online payments. However, Payza is perfectly aware that in such developing markets it stands a much higher chance to take the niche still vacant and relatively unaffected by the presence of its main competitors, including PayPal. Besides, unlike them and many others similar payment gateways, Payza is perhaps the only one who officially accommodates HYIPs and other forms of online gambling. They don’t seem to really mind members spending money wherever they like and even provide some kind of protection for them in case a program scams. There are certainly many other factors why Payza chose to expand in the one of the fastest growing markets on the planet as you can read in the following article, featuring some facts about the Indian economy you might not have known before:
“Country Spotlight: Understanding Consumers and Cross-Border E-Commerce in India
Much like Black Friday in the West, the festival of Dussehra celebrated this week in India marks the beginning of India’s holiday shopping season. And, like everywhere else in the world, people are increasingly shunning the frenzy at the market in favor of shopping online. While still representing only a fraction of total retail sales, e-commerce is now an essential part of the foundation of the global digital economy.
Although e-commerce only accounts for 2% of transactions in India, when talking about the second most populous country in the world, 2% is more than enough to make waves on the global stage. Two Indian start-ups, Flipkart and Snapdeal, are already valued at over $1 billion USD each and make up two of the three biggest e-commerce players in India. Amazon, the third big player, invested heavily in this market, an indication of India’s value to cross-border retailers.
As the fastest-growing e-commerce market in Asia Pacific, with a demand for consumer products growing at a much faster rate than the domestic supply, India is a ripe market for international business. In this article we’ll explain the unique makeup of Indian consumers as well as the drivers of, and barriers to, cross-border e-commerce. If you’re not sure whether it’s time for your business to start selling in India, then this post is for you.
Unless noted otherwise, we source stats in this article from: The Paypers, PwC India, Statista, World Bank
Indian Consumers
– Population: 1.3 billion
– Internet users: 354 million
– Online shoppers: 41 million
– E-commerce sales: $17.5 billion USD
– Mobile shoppers: 9 million
– M-commerce sales: $800 million USD
– E-commerce annual growth rate: 37.4%
As you can see, e-commerce penetration is relatively low compared to markets such as the US (84%) or France (81%), but because of the sheer size of the population, India’s internet user base is still the second-largest in the world, behind only China. The fact that an admittedly immature e-commerce market is already one of the most powerful in the world just goes to show the immense potential and room for growth for online retailers selling in India.
41 million online shoppers are nothing to scoff at, and that number is growing with an influx of young, middle-class, mobile-ready consumers. Hindi is the dominant language, but 20% of the population is fluent in English, predominating among younger demographics, the same demographics that are more likely to shop online; this signifies that English-language websites can still market effectively in India.
One of the challenges facing merchants expanding into India is that they’re competing in what is still primarily a cash-based economy. Since most Indian consumers do not own a credit card, credit cards represent only 24% of total value of online payments, behind bank transfers (29.3%), and cash-on-delivery, which leads with 37.5%.
Drivers and Barriers
Barrier: Low acceptance of online payments
The popularity of cash-on-delivery indicates a low trust level for online payments. The lack of credit card penetration and low market share of e-wallets (1.5%) pose a challenge for international sellers.
Driver: Growth of mobile payments
M-commerce may provide the solution. Already representing 4% of e-commerce payments, nearly triple those represented by e-wallets, 30% of total e-commerce traffic comes from mobile devices and 14% of all websites visited via mobile device were e-commerce sites. With 72% mobile penetration and e-commerce being driven by a younger, increasingly connected and increasingly mobile crowd, m-commerce will become the driving factor in the continued growth of e-commerce in India.
Barrier: Locally-sourced products
India requires that cross-border retailers source 30% of their products and services locally, which means that businesses shipping all their goods from a centralized location will face significant barriers when selling to India.
Driver: No sales tax, less duty
India does not levy a sales taxes on goods shipped into the country and certain product categories, including laptops and other consumer electronics, aren’t subject to duty. Depending on the type of goods you sell and where you source them, selling in India can keep your costs down.
Indian E-Commerce Facts
– India is the fastest-growing e-commerce market in Asia Pacific worth $17.5 billion USD in 2015.
– The US and China are the main countries for cross-border e-commerce sales to India.
– The demand for international consumer products is growing more rapidly than domestic distributors can keep up with.
– Consumer electronics, apparel and media products represent the vast majority of online retail spending.
– 75% of internet users are below 35, the demographic most likely to participate in e-commerce.
– Nearly the entire population has access to postal delivery to their door, making shipping and fulfillment quite straightforward for online retailers.
India is the second-largest internet market in the world and the fastest growing e-commerce market in Asia Pacific. With an untapped consumer base mostly made up of young, middle-class, English-speaking people desiring international consumer products, the growth potential in India is second to none.
Expanding into a new international market is a risky venture but a very rewarding one if done right. For the latest information about how you can build and maintain a strong e-commerce enterprise, subscribe to the Payza Blog and follow us on Facebook and Twitter for the latest industry news. We’ll provide tips on how to ensure your business is compatible with legislation and buying habits at home and abroad.”
GET PAID REPORT FOR 21/10/2016
Here is the list of the programs from my monitor that paid me for the last 48 hours:
From MNO Sticky list: –
From MNO Premium list: Capitaller, Zinc7, ArdexFunds, BandeiraCorp, Edelweiss5, MarsCapital (the first payment received).
From MNO Standard list: BitCorp, PalUnion, MacroBanking.
From MNO Basic list: HYIP-A, EarnTech, Dowerly.
That’s where I’ll leave it for tonight, guys. I hope you found the information useful and will consider joining either BitCorp, or the newly added promising programs MarsCapital and OceanInnovations. The latter of the two will be in the spotlight on Sunday when it’s reviewed, along with the rest of the news from the ever changing HYIP industry. If you wish to stay informed on the most promising and successful elite programs you can only find in this field please subscribe to the daily news here, and/or follow MNO of Facebook and Twitter. Before investing in any program on the MNO monitor remember to always check its status, as the situation might change within minutes, and my site is perhaps the only one that truly tells you if there are any issues in real time. Your opinion is still needed on the MNO TalkBack page as well, where this week I am running a poll on the attitude of my readers towards so-called “after one-day” programs, some bright examples of which (like MacroBanking and PalUnion) you can find on the MNO monitor. The poll will most likely finish on Sunday when the final results will be drawn and the question replaced. Have a nice weekend everyone, and see you all on Sunday!
Filed under Daily News, Reviews by on Oct 21st, 2016.