03/11/08. MajorBarter Review and Other News

THIS PROGRAM IS PAYING SELECTIVELY! PLEASE DON’T INVEST!

The program I’m going to talk about today is MajorBarter. First of all, even before looking at their plans and main site features, I would like to say that the program certainly has a huge advertising budget. Despite the fact MajorBarter launched only two weeks ago, its thread is already sticky on two major forums (MMG and TG) and you can see big banners of MajorBarter everywhere including my site. But is a big advertising budget that good for the program? I think, yes, it is and here’s why.

Huge advertising expenses have to be recouped and that by itself will stop the admin from pulling the plug too early. So it helps MajorBarter to run for a longer time than others. Even if the admin is a scammer huge expenses at the beginning of a program’s lifecycle will not allow him to close the program fast. Such programs as MajorBarter will definitely last for a long time especially if you consider that the ROI it offers is quite low but at the same time you will be in profit in 51 business days maximum (approximately 72 calendar days).

So what are the investment plans MajorBarter is offering to online investors?

Actually it’s just one main plan and its quite simple. The investment term is 150 business days (you will be paid every business day) and the principal is included in daily payouts (it will not be returned to you after the investment term expires). You will get paid 2.0% daily if you invest from $7 (minimum investment) to $700. You will receive 2.2% daily if your investment ranges between $701 and $7,000. And finally, you will be paid 2.4% daily if your deposit exceeds $7,001.

MajorBarter accepts quite a wide range of e-currencies and you can choose whatever one is best for you. So currently MajorBarter accepts: LibertyReserve, PerfectMoney, AlertPay, V-Money and c-Gold. The payments to LibertyReserve so far were paid instantly which I’m pleased to say as it’s always better to get instant payouts than to wait for hours or days while they are processed. But even if the payments are not instant for your e-currency the admin of MajorBarter says you will be paid within 24 hours of requesting a payout.

MajorBarter program has a very decent website based on licensed GoldCoders script with a beautiful design and a nice layout. It is hosted on a dedicated server and probably has some anti-DDoS protection. I’m going to ask the admin about this if he/she agrees to give an interview to my blog.

Unfortunately, I would not be so sure that MajorBarter is a real program trading in in Forex markets because the texts from the “About Us” page were obviously borrowed from the fxginv website (click here to compare) and even the surname of the admin is the same – Parker, which of course is not true.

But nevertheless from what I can see MajorBarter is a very well organized program with a great design, licensed script, decent advertising budget, reasonable plans with several e-currencies accepted and hosted on a dedicated server. In my opinion, it will last for a long time. At the same time you should remember that you must only deposit in MajorBarter what you can afford to lose because it’s obvious to me that they are not Forex traders and so they don’t have any additional income to sustain the payouts. Though the big advertising budget and other features tell us that the creators of MajorBarter are good promoters and that the program will be sustainable for a while.

P. S. Since publishing this review MajorBarter have since edited their site but you can still see the original version in Google cache.

Other news for today.

Do you know that GoldNuggetInvest is celebrating its second year online? Well, I would say I was amazed to find that out because few programs can boast such an achievement. You may know that recently I interviewed the admin of GoldNuggetInvest (read the interview here) and his answers were very detailed as he actually explained how the program was making money for its investors without the usual claims about Forex, gold, commodities etc. If you wish to invest in GoldNuggetInvest there’s no better time the present while the admin is offering some sweet bonuses and special promotions that will last for a limited time only. Yes, the rates that GoldNuggetInvest is ready to offer are not so high compared to many other ponzi-programs but they are real and can be sustainable in the long run. And two years online is the best indicator that it’s achievable when you are managing your sites in a proper way and if you’re a member of an Arbitrage Betting Pool which GoldNuggetInvest is offering (you can find out more details in my review published here). So read the update and take action today to enjoy these bonuses:
“GNI is celebrating!
It is a long time since our humble beginnings back in 2006, but today we are proud what we have achieved so far. There were ups and downs all along the way, our member base grew steady and so did the invested funds. For a lot of you, who stayed with us for a while now, GNI has become a stable and reliable source for a passive second income. On the occasion of our second birthday online we have received a remarkable amount of good wishes and felicitations from old and new members and we do like to express our sincere appreciation for your support!
Without you, our esteemed members, GNI would not be where and what we are today. Thank you all!
Now, let us celebrate our second birthday together and read on what Jurgen and I worked out for you to commemorate this event. It is a whole package of rewards and awards, to make sure that each and every member will be remunerated in one way or another:
1. Daily Variable with fixed payouts for the whole month of November: Participants in our Daily Variable plan will receive a constant 1.1% daily rate on each day during the month of November! (Please note that payouts are from Monday till Friday only.)
2. Weekly Fixed with limited minimum deposit: As from Nov. 3rd, 5:00 PM GMT the minimum deposit for our Weekly Fixed program will be $50 only. This offer ends Nov. 30. (Please note that the promotional offer for our Daily Variable program has expired. The minimum deposit in this program is set to $20 again.)
3. 10% Bonus on all deposits: As from Nov. 3rd, 5:00 PM GMT all new deposits will be rewarded with a 10% bonus. This bonus will be added automatically to your deposit and credited to the desired program. This offer is valid till Nov. 17th, 5:00 PM GMT.
4. Referral contest: Finally take part in our referral contest! This contest is open for all members, active and passive and we will give away $600 in cash prizes on the 1st of December. The member with the most active referrals accumulated during the month of November will be awarded the 1st price of $300, the member with the second most active referrals will get the 2nd prize of $200 and finally the member with the third most active referrals will receive the 3rd price of $100. This contest is open for the whole month of November and the prizes will be paid in the payment processor account of your choice.
There is more to come in December, so stay tuned for our news!
We are looking forward to the next two years with you and once again thank you so much for your trust and support!”

As you might have noticed yesterday I mentioned on my blog that the admin of SilverInvest Louise (read my interview with him here) decided to make his program private. If you want an invitation to join please contact me at abramsonp@gmail.com and I will gladly send you an invitation code to join SilverInvest. Some good news for StrictPay members: SilverInvest accepts deposits made via StrictPay now as well. More news can be read in the latest update that was just sent to all active members of SilverInvest (all inactive members have been deleted from the system):
“I want to take the opportunity to thank all of you for your generous contributions in our special program of last week. Many of you took advantage of this program and will soon be rewarded by higher returns and bonuses!
In fact, our investment capital has now reached satisfactory levels and I have decided to limit contributions to 25,000 USD total for the entire month of November. Depending on how soon we reach that amount, I may not be able to accept further investments until the month after. Our payout levels will remain the same of course, and I will keep the special 10% bonus active for investments over 2,000 USD.
I also wanted to share with you that I have made some changes to our referral system. Participating members will still be able to receive a referral link to bring in and earn from other potential investors, but inactive members will no longer be able to do so. You may remember that I mentioned idle accounts in my last newsletter. Think of it as a quality assurance measure, to ensure that our valued investors are part of the very best club in the business.
As you have undoubtedly noticed by now, our security upgrade has been successfully completed and I must say that I am particularly pleased with our virtual keyboard implementation. And last but not least payments from StrictPay are accepted now.”

The admin of ResidualForexIncome (read my interview here for more details on the program) sent out another reminder update where he tried to address more of the questions that have been repeatedly asked of him over the last couple of weeks. I think it’s something that every admin should do regularly if he wants to provide a quality service to investors. Fortunately the investors of ResidualForexIncome are the lucky ones and have a very patient admin who can explain the obvious things again and again. Anyway, here’s the update:
“In our “Did you know that..?” newsletter we try to give detailed answers to the latest frequentely asked questions we receive from people. Although most of the answers are replied in our FAQ section a lot of people tend to miss important piece of information. So here we go with the “winners” from the previous week:
Q: I can not login to my RFI account but I am firmly sure in accuracy of my login details. Whats up?
A: Your free membership account has expired. 20 active days have passed, notifications have been sent out to you, no activity from your part has been detected. If you are sure you want to cooperate with us please contact our support executive.
Q: Where are my earnings? Why do I see “0” in my account?
A: We do not pay on Saturday and Sunday. These are days off.
Q: Every time I log into my account the system says” invalid turing”. What should I do?
A: Simply refresh the webpage right before you log into your account.
Q: My cashout request was not processed. Why?
A: In accordance with our disclaimer all cashout requests are to be processed within 48 hours. Any previous experience of fast procession is not guarantee of the same exact time in future.”

Some good news was received last night from the already very successful payment processor StrictPay (read my interview with the admin here). In a nutshell I can tell you that they will make the introductory low price of $20 for their debit card as the permanent price and that the funding your StrictPay account via LibertyReserve will cost you only 3.9%. So if you order their debit card then you will be able to withdraw your LibertyReserve earnings to your StrictPay account and then to your StrictPay debit card for less than 4% fee. Isn’t it great? Anyway, here’s their update:
“StrictPay Members,
Over the last two months, we have seen an extraordinary amount of you taking advantage of our reduced price to purchase a StrictPay Visa debit card. Due to the success of this promotion, we have decided to make the $19.95 purchase price our everyday low price to purchase a StrictPay Visa debit card. We feel this price continues our tradition of keeping our fees highly competitive within the industry, and gives us one of the lowest priced debit cards, if not the lowest priced debit card, in the industry.
After numerous discussions, we have decided to lower our everyday fee for LibertyReserve funding as well. Our original fee for funding your StrictPay account using LibertyReserve was 5.9%, and that fee has now been lowered to 3.9%. Hopefully this will give some of our members another less expensive option to fund your StrictPay account.
As always, we appreciate you choosing StrictPay as your payment option, and please contact us if you have any questions at all.”

FastProfitSurf survived their first DDoS-attack today. It was mitigated by their server provider quite fast and now you should be able to access FastProfitSurf site well. Otherwise, just wait while DNS fully propagates like the admin of FastProfitSurf (read my interview with him here) mentioned in his previous update:
“Our hosting server was under a major DDoS attack but now it’s ok. However, the changes that the host has been doing takes time to be propagated all over so please just be patient and everything will be ok soon.”

8DailyForever is still going strong and its admin, Susan, is reaping the rewards from the enormous popularity of their latest plan that they introduced recently called Lucky 13. According to this plan you will be paid 13% for 13 days of surfing with the payouts on expiry. 8DailyForever has been online since May 2008 (read my review here) and has only got positive feedback from members so far. Since STP was added as their third payment processor 8DailyForever is open to more potential members who prefer this payment processor and I hope their admin will do everything to make her program last as long as possible. By the way, their Amazing Race contest is continues till tomorrow and then another contest will start. Here’s the details from the admin:
“I know that many of you have been participating with enthusiasm in our 8DF Amazing Race Contest, and this shows in our increasing member total. Because of this, I will extend the contest for 3 more days, and the 8% ref commissions will be applied till then also. Closing date will be November 4th. After that date, referral commissions will be slowed to 6%.
American THANKSGIVING Contest will begin soon !!!”

I would like to mention that I have received the full 121% back from the 11% for 11 days plan in BlueBorgartFunds and of course I redeposited some money back. I think I was right when I predicted long life for this program in my review published here. I expect at least another month of stable work and I will post on my blog when I get paid from the 20 day plan. I think after that I will try to conduct an interview with the admin of BlueBorgartFunds that hopefully can address some doubts many of us still have towards this admin.

From other programs that paid me today I can mention MegaLido (it has more than 19,000 members now, btw!), FastProfitSurf, ResidualForexIncome, NoRiskInvestment, GoldNuggetInvest, VolcanoInvest, MutualForexFund, InoFund, URInvest, Tradelite, SummitReserve, Frogress, AggeroInvestment, HermisCapital, TopProfitWorld, 8DailyForever and WSSavior. I’ll see you on my blog tomorrow with the review of URInvest and other news and updates from the Industry! Stay tuned!