{"id":15859,"date":"2019-02-25T09:33:54","date_gmt":"2019-02-25T15:33:54","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=15859"},"modified":"2019-03-03T05:24:15","modified_gmt":"2019-03-03T11:24:15","slug":"25-02-2019-bitwave-review-and-daily-news-from-the-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2019\/02\/25\/25-02-2019-bitwave-review-and-daily-news-from-the-hyip-industry\/","title":{"rendered":"25\/02\/2019. BitWave Review and Daily News from the HYIP Industry"},"content":{"rendered":"

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

Hi everyone! I hope you\u2019re all keeping well after the weekend. I was kept busy with a with a brand new addition to the MNO monitor<\/a> called BitWave<\/a>, analysing the good points and the weak for the review I want to start today’s update with. BitWave<\/a> is another of mostly what I would call a \u201cperpetual program\u201d, in other words once you join and make a deposit there is no fixed term. BitWave<\/a> will continue to pay you for how ever long the program manages to survive. Now whether that\u2019s going to be a day, a week, a month, or a year I really can\u2019t say. But once you are in then that\u2019s it, you stay in and you keep getting paid until such a time as you decide you want to leave. The only stipulation is that you must remain a member for at least 48 hours, which will of course mean 48 payments, but after that the rest is up to you depending on your own personal strategy. Anyway, let\u2019s see what BitWave<\/a> is all about and whether you like it enough to join or not.
\n\"BitWave\"<\/a>
\nPutting it into the most basic terms, as outlined above the plan has no expiry date<\/strong> and pays investors an hourly interest rate<\/strong>. The exact figure will depend on the size of your deposit, and as is typically the case in HYI programs bigger and bigger deposits are favoured with the more preferential rates. The minimum requirement for joining is $10 and for everything up to $999 BitWave<\/a> are offering an hourly<\/strong> interest payment of 0.15%<\/strong>.<\/p>\n

With such a high maximum here I imagine this is where most investors will be, so let’s look at a theoretical example of how that might play out in monetary terms. If you were to have for example a $100 deposit you would earn $0.15 every hour, or $3.60 every full day. But when it comes time to release your principal you should only expect to get $95 back from the full hundred so while still profitable it makes a lot more sense to leave your principal in place a bit longer and continue earning. After that it\u2019s a simple matter of you deciding on what the best investment strategy is for you personally and making the appropriate calculations. To expand on that a bit further, 0.15% per hour gives 3.6% interest per day, 7.2% by the time you can release your principal, 25.2% interest per week, and would allow you to double your money in just short of 28 full days.<\/p>\n

Just for the record, bigger spending investors can claim 0.17%<\/strong> interest if their principal is in the region of $1,000 to $4,999, and 0.2%<\/strong> interest per hour if you are prepared to join BitWave<\/a> with $5,000 or more.<\/p>\n

If you decide to join then the next thing you need to be aware of is what payment methods are available to you. As you can probably tell from the name of the program BitCoin features very prominently on BitWave<\/a> but it’s by no means the only option open to you. Something that most investors will like is that all withdrawals up to $500 going to PerfectMoney, Payeer, BitCoin, LiteCoin, and DogeCoin are processed instantly<\/strong>. Requests higher than $500 plus anything going to Ethereum, BitcoinCash or Dash<\/strong> (the other payment methods accepted in BitWave<\/a>) require manual approval though should still be paid by the admin within a 24 hour maximum<\/strong>. Note that when you are eventually looking to leave BitWave<\/a> and get your principal back you just need to look for the Release Funds<\/em> button located under the Fund Management<\/em> tab in your account. I’ll just remind you that, especially if you are leaving early, that you take into consideration the 5% withdrawal fee applied on any principal withdrawal which can be either full or partial<\/strong>.<\/p>\n

Looking at the design and security aspects of the website BitWave<\/a> is running off the ever popular GoldCoders script and is under license. Even experienced investors may not recognise this at first however as the BitWave<\/a> admin (or maybe his programmer) have had it heavily modified to suit the program’s own unique needs and requirements. For a hosting provider the admin has BitWave<\/a> on a dedicated server with the support and protection from malicious attacks by ProManaged. And for an added layer of protection the BitWave<\/a> website comes with an SSL certificate by Let’s Encrypt Authority for improved security on financial transactions and generally safer browsing. From inside your member\u2019s area you will be able to further secure your BitWave<\/a> account by enabling the Two-Step Google Authenticator tool there. Further transparency can be found with a Payment Proofs<\/em> page that has been included where you can track all the latest payouts to members.<\/p>\n

If you have any further need to get in contact with the admin of BitWave<\/a> or any further questions or account related issues that need to be dealt with, then there are a couple of ways you can go about it. However as the FAQ section is quite extensive you should definitely start with that. If that doesn’t work then next up is the Live Chat option which you can use to find an operator by clicking the widget on the bottom right hand corner of any page on the BitWave<\/a> website. Otherwise you can either fill in the customer support form on the website\u2019s support page and submit it online, or else just write to the admin directly at the e-mail address listed alongside the form. Fans of social media will be able to connect with BitWave<\/a> on Facebook and Twitter, plus there’s a telephone number to go with the program’s UK certificate of incorporation. Further support issues can be raised through the official BitWave<\/a> Telegram group.<\/p>\n

If anyone is interested in the alleged business activities backing up the payments to investors, it\u2019s claimed that BitWave<\/a> is a self described \u201ccryptocurrency fund management company<\/em>\u201d, however there\u2019s very little practical information to back this up that you could research and investigate for yourself. And of course, even if it were true that still doesn’t mean it always has to be necessarily profitable all the time. Therefore you shouldn\u2019t really treat BitWave<\/a> any differently from other programs around at the moment. So just make yourself aware of the possible dangers, and spend accordingly. Don\u2019t disappoint yourself with unrealistic expectations, set yourself a sensible spending limit you can comfortably afford to lose, and if you do decide to join BitWave<\/a> then try and keep them as a smaller part of a diverse and balanced portfolio.<\/p>\n

Before I finish with the review of BitWave<\/a> and move on to today\u2019s 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\u2019t 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 and bad judgement call looking at the program today. Please answer the following question:<\/p>\n

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