{"id":14223,"date":"2017-03-11T22:35:36","date_gmt":"2017-03-12T04:35:36","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=14223"},"modified":"2017-03-22T11:56:27","modified_gmt":"2017-03-22T17:56:27","slug":"11032017-auctionhousesorta-review-daily-news-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2017\/03\/11\/11032017-auctionhousesorta-review-daily-news-hyip-industry\/","title":{"rendered":"11\/03\/2017. AuctionHouseSorta Review and Daily News from the HYIP Industry"},"content":{"rendered":"

Beware! AuctionHouseSorta has stopped paying! Do not invest there!<\/span><\/strong><\/p>\n

Hello everyone! I hope the weekend is going well for you all so far, though you’re not so busy that you don’t find at least a few minutes to check out what’s going on at MNO. It’s been unusually busy as far as the news is concerned for a Saturday, though I guess with the HYIP industry very much at a high point right now that’s hardly surprising. Plenty coming up then for you to read about in the second half of today’s update, but first I want to look at a brand new program called AuctionHouseSorta<\/a> which joined MNO a couple of hours after it launched a week ago. I had too many other new programs in front of it so I’m only getting around to taking a more detailed examination of it now, but nevertheless AuctionHouseSorta<\/a> has been a decent performer so far and has delivered everything it said it would. So let’s see what it’s all about and whether you think it’s worth adding to your portfolios or not.
\n\"AuctionHouseSorta\"<\/a>
\nFirst of all the investment plans are organized very differently here than most other HYI programs. As the name implies, AuctionHouseSorta<\/a> positions itself as being involved with, well auction houses, and the buying and selling of various assets. Therefore instead of investment plans in the traditional sense, we are presented with what they prefer to call \u201clots\u201d. Though they’re still very much investment plans mind, AuctionHouseSorta<\/a> just doesn’t call them that. The plans you see change periodically. They have fixed dates during which they are available, and when the offer runs out they will be replaced by something new. Actually the replacement plans will be very similar with only slight variations in the interest rates and term lengths, and there are certain parameters laid out for this in advance.<\/p>\n

Don’t worry if that sounds a bit confusing at the moment, I’ll try to explain it better as we go. The first of three lots you can choose from then may run between a term of 30 to 32 calendar days. For example, the current version has a term of 31 calendar days, however when this offer is no longer valid it might be replaced with a similar plan running for 30 to 32 calendar days, it will depend on the circumstances at the time. For the sake of this review I will simply concentrate on what AuctionHouseSorta<\/a> are offering right now at the time of writing.<\/p>\n

So, at the moment as I said the first plan runs for 31 calendar days. You can join it for a minimum of $10 or invest a maximum of $501, depending on what you can afford. In return AuctionHouseSorta<\/a> are offering members a daily interest payment of 4.3%. Your principal is being included as part of this, so when the term comes to an end you should have a total return of 133.3%, or your own money back plus a net profit of 33.3%.<\/p>\n

Putting that in simple monetary terms then, let’s say you invested $100 here. AuctionHouseSorta<\/a> would pay you back $4.30 per day for the rest of the term. These would add up to $133.30 by the time your final payment comes through, so that’s your own initial hundred plus an extra $33.30 profit for yourself.<\/p>\n

As I already pointed out, that’s just the current version of this plan. Latter versions will be different but will also stay within pre-established parameters. So the term may run for 30, 31, or 32 calendar days<\/strong>, and AuctionHouseSorta<\/a> will make interest payments between 4.3% to 4.7%<\/strong>.<\/p>\n

The second lot currently runs for 46 calendar days. Deposits are in the range of a $50 minimum to a $1,501 maximum. AuctionHouseSorta<\/a> is offering daily interest payments of 3.7% for the duration, and again include your principal among the payments. These should add up to 170% in total, or your own money back plus 70% net profit.<\/p>\n

Again this is simply the current incarnation of this plan. Future versions will run for terms of 45, 46, or 47 calendar days<\/strong>, and AuctionHouseSorta<\/a> will offer their members interest rates in the region of 3.7% to 4.1% per day<\/strong>.<\/p>\n

The longest term plan available currently runs for 61 calendar days. AuctionHouseSorta<\/a> require a minimum deposit of $100 if you want to join, and the maximum limit is 3,001. A daily interest rate of 3.3% is available to members, allowing you to complete the term with 201% in total earnings. As AuctionHouseSorta<\/a> have counted your own principal in there, that’s 101% net profit for joining.<\/p>\n

Once this current version is no longer available for investors AuctionHouseSorta<\/a> will be replacing it with a similar offer. This may run for 60, 61, or 62 calendar days<\/strong>, we won’t know for sure until it actually happens, and will pay members between 3.1% to 3.3% interest per day<\/strong>.<\/p>\n

By the way in addition to the investment plans, there’s an interesting and original system in place rewarding members of AuctionHouseSorta<\/a> for reinvesting<\/strong>, as they will get a type of deposit bonus which will increase gradually with every subsequent reinvestment. You’ll see this in your members area, though obviously it will only interest you if you decide to re-invest at all. This starts with a 5% bonus on your second deposit, and an extra 2.5% that builds up on every subsequent re-deposit after that.<\/p>\n

For example, if your first investment with AuctionHouseSorta<\/a> is $100, and you decide to re-invest the same amount once your plan has expired. That means you will start earning interest on a $105 principal for the second round should you choose to take it. If you then decide to go for a third round, not only do you keep the initial 5%, another 2.5% is added to the original hundred meaning you are now earning interest on $107.50. This continues for five re-investments and is re-set after that.<\/p>\n

If you find yourself suitably intrigued by the investment plans to join AuctionHouseSorta<\/a> then you will need to know what your payment options are, though just before I get to that it’s probably worth having a quick word on the investment process. Because AuctionHouseSorta<\/a> is running off a licensed H-Script many of you will already be familiar with how it looks, or at least know how to figure it out easy enough. And although the script has been modified to meet the specific requirements of the program, the basics remain the same. For instance, you need to add funds to your account first by clicking the \u201cFill up balance\u201d tab. It’s from there that you are now allowed to invest by moving money from your balance into the plan you wish to join. Deposits in AuctionHouseSorta<\/a> can be made via PerfectMoney, Payeer, and AdvCash<\/strong> if you prefer the older more conventional third party handlers to move your money around, and BitCoin<\/strong> if you favor the more direct approach and want to invest straight into the program with your own digital e-currency. While deposits start working depending on the lot schedule which is shown once you check the terms of purchase before investing, withdrawals have to be requested and are paid manually within 24 hours<\/strong>. Personally my own requests were so far all handled quite fast, which might be a lot easier to maintain at the moment when the program is still new.<\/p>\n

Just one other thing about the plans. As I have explained the old ones are replaced with new offers on a constant basis, but will only become active a couple of days after being unveiled. For instance, this weekend the plans that were available to join on Saturday don’t actually start paying until Monday. Therefore there is no benefit to joining until the actual activation date, otherwise your money just sits there doing nothing, and that’s never a good thing in the HYIP industry. So be sure and check the proper start date for each individual plan as it becomes available, and don’t join anything until the official launch and AuctionHouseSorta<\/a> start making payments.<\/p>\n

Moving on next to some of the more technical aspects of the AuctionHouseSorta<\/a> website such as design and main security features, things are looking quite good for the program. When it comes to mass produced licensed scripts, H-Script was never quite the industry leader but deserves to be more popular in my own estimation because they’re as good and dependable a service provider as the market number one. For an extra layer of security you will also find the AuctionHouseSorta<\/a> website comes with a superior Green Bar SSL certificate from Comodo for safer browsing and more secure transactions. For a hosting provider the AuctionHouseSorta<\/a> website is being kept on a dedicated and DDoS protected server with the support and protection from malicious attacks provided by DDoSGuard.<\/p>\n

If you still have any questions for the AuctionHouseSorta<\/a> admin that you think I might have missed in this review or any account related issues you need to have dealt with then you have a couple of good options open to you for communication. A couple of things you need to go through first however before contacting anyone include reading through the website’s FAQ section to see if your question is explained there. Also, if you are not a native English speaker and are more comfortable with Russian then AuctionHouseSorta<\/a> (despite claiming to be registered in the UK) is much stronger in Russian than it is in English.<\/p>\n

Once you’ve checked out all of that and still have something that needs to be dealt with, the first thing you should look for is an AuctionHouseSorta<\/a> operator on either their Skype or Telegram Chat and see if you can get your queries dealt with on the spot in real time. If you have something a bit more substantial and need to compose a longer email you can fill in your details on the online customer support form and submit it through the contacts page on the AuctionHouseSorta<\/a> website. Alternatively you can also write directly to the admin using the e-mail addresses listed. Fans of social media networks will be able to find AuctionHouseSorta<\/a> keeping active profiles on Facebook and VK, so you can try and link up with them there if you prefer. The only thing I suggest you ignore is the postal address as this is the least likely place you will ever find anyone connected with running the program physically located. Mostly these tend to be just serviced workspaces used for registration purposes, and not where anyone is actually operating from.<\/p>\n

For the record the alleged business interests supporting the whole thing are, we are told, what is often referred to colloquially as \u201cfire sales<\/em>\u201d, basically selling off the assets of companies at knock down prices to cover the debts left behind by pending bankruptcy. AuctionHouseSorta<\/a> describes itself as a company that \u201cspecializes in holding liquidation auctions<\/em>\u201d but does very little else to enlighten us on that. It’s certainly an original idea compared to most other online HYIPs if nothing else, though I think experienced industry players will know to react the very same way. In other words treat AuctionHouseSorta<\/a> as you would any other online HYIP. That means don\u2019t look for guarantees, keep your expectations realistic, stay well within a sensible spending range that you can afford not just to spend but to lose, and if you do decide to join AuctionHouseSorta<\/a> then try and keep them as a smaller part of a wider more diverse portfolio.<\/p>\n

I\u2019ll leave it at that for now, but just briefly before we move on to the news I hope readers won\u2019t mind sharing their own thoughts on the program. Is it a hit or miss do you think? Please vote in the following poll about AuctionHouseSorta<\/a> which as always is completely anonymous. I think in the weeks and months to come it will give a more interesting picture about how many people made the correct judgment call about the program and its chances of success right from the start. So:<\/p>\n

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Will you make an active deposit in AuctionHouseSorta<\/a>?<\/strong><\/p>