{"id":15170,"date":"2018-01-10T12:48:32","date_gmt":"2018-01-10T18:48:32","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=15170"},"modified":"2018-01-13T12:37:04","modified_gmt":"2018-01-13T18:37:04","slug":"10-01-2018-oiltnx-review-daily-news-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2018\/01\/10\/10-01-2018-oiltnx-review-daily-news-hyip-industry\/","title":{"rendered":"10\/01\/2018. OilTNX Review and Daily News from the HYIP Industry"},"content":{"rendered":"

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

Hello everybody! As we continue with the business week I want to make a start on looking over the most recent programs that joined the MNO monitor. A tougher than usual task for me this evening as I needed to drag myself away from a sunset swim in the Andaman sea on the island of Ko Lanta here in Thailand where I’m still on vacation. Anyone who knows the place will tell you, even in January it feels like stepping into a hot bath, the water is literally so warm. Of course when I say I’m on vacation, MNO always comes too. So no matter what I’m doing you can always be sure my monitor is still updated a minimum of once every 24 hours, sometimes more often should the need arise.<\/p>\n

Anyway, getting back to business the program I want to look at in more detail for you today is called OilTNX<\/a>, and it\u2019s a more regular, traditional style HYIP that most readers and fans of short term programs will recognize straight away. If you\u2019re curious about how long this one has been online by the way, it\u2019s true that OilTNX<\/a> as a website has been there (\u201csomewhere\u201d in cyber space) for a couple of months now, but more as a sleeper. It\u2019s only in the last week or so that the investment plans offered on the OilTNX<\/a> website have seen a total refit. OilTNX<\/a> claim to be involved with oil and gas exploration and production, so hence the oil related theme. But as an actual functioning HYIP then the activities of OilTNX<\/a> are really only getting started now, so it\u2019s safe enough to treat them as brand new. That doesn\u2019t make them any more likely to succeed or fail of course, but just to let you know.
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\nStarting with the investment plans then, and as expected OilTNX<\/a> offer the usual if somewhat predictable combination of reasonable and modest returns for smaller deposits which can \u2013 up to a certain point \u2013 realistically be achieved, and another group of plans unlikely to see anyone other than the admin make any money. I would hope that by now most experienced readers will be able to recognize the difference, though for your information I\u2019ll go through everything for you below anyway. For most plans OilTNX<\/a> only require a $20 minimum to join, so it doesn\u2019t have to be that much of a risk financially speaking unless you make it that way yourself.<\/p>\n

The first of 8 plans sees OilTNX<\/a> paying members on expiry of a term running for just 1 calendar day<\/strong>. So in other words join today and get paid tomorrow. You need as I said a $20 minimum to join, and for all deposits up to a maximum value of $600 OilTNX<\/a> will pay you back 103% <\/strong>interest. That includes your principal of course, so it\u2019s your own money back plus 3% profit on top. Or to put it another way, spend $100 with the program today and the admin offers you back $103 after 24 hours<\/strong>. Or if you\u2019d like to take more of a gamble and spend a bigger amount, then OilTNX<\/a> make the following offers:
\n104%<\/strong> on deposits between $601 and $2,000, and 105%<\/strong> for amounts between $2,001 and $5,000. OilTNX<\/a> do accept higher amounts, and if you\u2019re interested I suggest you see inside you\u2019re private members area for further figures and information.<\/p>\n

That\u2019s only a marginally less profitable option than OilTNX<\/a> next plan were you to look at it on a profit-per-day basis. The minimum deposit is still $20 and for amounts up to $600 you are offered 117% on expiry after a 5 day investment term<\/strong>. Compare that to what you might earn by reinvesting in the one day plan five times and there really isn\u2019t a whole lot separating them. Other options include a single payment of 122%<\/strong>, principal included, made of expiry on deposits between $601 and $2,000, and 140%<\/strong> for amounts between $2,001 and $5,000. For information on larger deposits see the members area.<\/p>\n

After that the next plan jumps to a term of 15 days<\/strong>, with members again offered one single payout on expiry<\/strong>. Minimum deposits start at $20 and for anything up to a $600 investment you could earn a payment of 155%<\/strong>, principal included. Obviously enough as the term increases so does the risk, but while OilTNX<\/a> could potentially complete a number of cycles in this plan I just don\u2019t see it as being significantly more profitable to justify you joining it as opposed to simply re-depositing in the shorter term plans over and over again for a similar length of time. You can make almost the same profit from a lower risk plan, so think about a strategy before joining, and remember, you\u2019re far more likely to see a 55% profit if your investment is closer to the $20 minimum that the $600 maximum.
\nFor larger deposits the following rates are available:
\n$601 to $2,000 is offered 170%<\/strong>, and from $2001 to $5,000 is offered 240%<\/strong>. Again bigger rates apply to bigger deposits so check your OilTNX<\/a> accounts area for further details.<\/p>\n

Your next option runs for a 45 day term<\/strong> and also pays on expiry<\/strong>. The only payment you receive again includes your principal and requires a $20 minimum deposit to join. Spend anything up to $600 and OilTNX<\/a> will offer to return 300%<\/strong>. For bigger investments the following rates apply:
\n500%<\/strong> on $601 to $2,000, and 1,000%<\/strong> on anything from $2,001 up to $5,000. See the members area for more details if you\u2019re interested in spending any more than that.<\/p>\n

As you can see the risk gets progressively higher and higher as the terms get longer, and the returns get more and more difficult to come up with. So for OilTNX<\/a>\u2018s next plan the term is now 69 calendar days<\/strong>, though still with a $20 minimum requirement to join. The offer on all deposits up to a value of $600 is 600%<\/strong>, principal included, paid on expiry.\u00a0<\/strong>Just for the record on larger investments the rates are:
\n1,000%<\/strong> on $601 to $2,000, and 4,000%<\/strong> on anything from $2,000 to $5,000. You can visit your members account area to see what even more unobtainable rates are offered for larger deposits.<\/p>\n

Granted there are a couple of let’s say unlikely numbers in there, especially for the longer term options, I just hope it doesn\u2019t completely discourage you from trying a more modest gamble on one of OilTNX<\/a>\u2018s more achievable plans which will (and already have) put some members into a genuine profit. I mean it\u2019s better to play for 3% and actually get 3% than any of than expecting something like 4,000% which is never going to happen. Most longer term experienced readers will have realized by now that there\u2019s been a big number of programs very similar to OilTNX<\/a> over the last number of years, some of which were undoubted hits and others which were huge disappointments. If that\u2019s OK with you and you\u2019re happy to play the game then the next thing you\u2019ll need to know is your choice of payment option. OilTNX<\/a> are using PerfectMoney, Payeer, and AdvCash for those who like the standard payment handlers, and BitCoin for those favouring digital e-currencies. Payouts will need to be requested from inside your members account area. Once done the OilTNX<\/a> admin says that all transactions should be processed instantly<\/strong>, so expect to receive your money in under a minute.<\/p>\n

One very important point that needs to be understood by investors before joining OilTNX<\/a> concerns BitCoin, or more specifically BitCoin withdrawals. Now to be absolutely fair to the admin this has been explained in the FAQ, and strictly speaking yes, it’s the investor’s own obligation to make themselves aware of this, but the point could easily be missed. The thing is, if you are using the traditional dollar based payment processors then there’s no minimum limit to the amount you can withdraw. Unfortunately this isn’t feasible with BitCoin at the moment. Regular BitCoin users, either merchants or customers, will no doubt be aware of the delays and spiralling costs that accompany this. In the past, sometimes to their own financial detriment, most programs have absorbed these costs which could end up making smaller transactions a huge strain. OilTNX<\/a> have decided to try and counter this by setting the minimum withdrawal request for BitCoin transactions at the BTC equivalent of $200<\/strong>. Effectively that really means that you should for the most part make sure that your investment with OilTNX<\/a> then is at least $200 worth of BitCoin, which will unfortunately price a lot of the smaller players out of the program. Just to be clear however, no such restrictions apply to PerfectMoney, Payeer, or AdvCash where minimum withdrawals can be as little as $0.01.<\/p>\n

OilTNX<\/a> are hosted on a dedicated server with the support and protection from DDoS attacks provided by OVH, whose track record in this area has been pretty solid. The website has a superior Green Bar Extended Validation SSL encryption certificate by Comodo for an added layer of security, and is running off a script under license from GoldCoders. All fairly run-of-the-mill for the industry, but more than acceptable and up to a decent standard<\/p>\n

Customer support if you have any questions or account related issue is available by filling in your details on the support form found on the contacts page and submitting it. You might be better off sometimes checking to see if the program\u2019s Live Chat is available first as this feature has been integrated to the OilTNX<\/a> website. You might save a bit of time if you find the admin online at the time and able to help you out. Just click the box on the lower right hand side of the page to open the chat. If that’s not suitable for you then you can always just write directly to the OilTNX<\/a> admin at the e-mail address included on the contacts page. I would however suggest you dismiss the postal address in the UK as unlikely to be more than a virtual, hosted office and not where you\u2019ll find anyone connected with the program physically located. What might be more useful than the address is the phone number which goes with it, so if you prefer to speak to someone directly then you can try it out. Fans of social media networks will be able to find OilTNX<\/a> operating their own group on Facebook.<\/p>\n

Little to no information is available on any kind of business plan (if there is one) behind OilTNX<\/a> other than a brief mention of the oil and gas exploration I told you about at the top of the page. I mean there\u2019s no real information beyond a short and extremely vague few lines there for you to check out for yourselves, and anyway, as always even if it were true it doesn’t mean it has to be profitable. So as with all programs and not just OilTNX<\/a> 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\u2019s best to keep a diverse portfolio of smaller investments rather than too much money in too few programs.<\/p>\n

By current HYIP standards it’s fair to say that OilTNX<\/a> is very much a back-to-basics standard short term HYIP. It will certainly appeal to a large section of investors looking to diversify. How about the rest of you? What do you think of the program? Is it something you want to take part in or would you rather pass this one up? Please take a moment to vote in the following poll, which as always is completely anonymous. So:<\/p>\n

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