{"id":3641,"date":"2010-06-19T22:01:44","date_gmt":"2010-06-19T22:01:44","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=3641"},"modified":"2010-06-24T08:42:03","modified_gmt":"2010-06-24T08:42:03","slug":"19062010-fastbuckspro-review-and-other-news","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2010\/06\/19\/19062010-fastbuckspro-review-and-other-news\/","title":{"rendered":"19\/06\/2010. FastBucksPro Review and Other News"},"content":{"rendered":"

THIS PROGRAM IS OFFICIALLY CLOSED! REFUNDS WILL BE ISSUED SOON!<\/span><\/strong><\/p>\n

Hi everyone! For the second post of this Saturday evening I want to take a look at an intriguing new short term HYIP that I came across only yesterday called FastBucksPro<\/a>. Regular market players will no doubt be acutely aware by now of the alarming regularity in which new programs are opening, failing, and closing. You’ll also be aware then of all the little perks and extra features and so on that so many admins are trying to bring to their plan in what are sometimes desperate attempts to set their programs apart from the competition and to look unique. To look like they can genuinely offer you something different that will make their program survive where others fail. FastBucksPro<\/a> on the other hand have come up with the novel idea of not giving us something new but of giving us something old.
\n\"\"<\/a>
\nA couple of years back there was an often seen feature in the HYIP industry called \u201cthe 50\/50 rule\u201d, and that’s what FastBucksPro<\/a> are trying to revive here. If you’re relatively new to the business and haven’t heard of it before then don’t worry, I’ll give you an example of how it should work when we get to the plans. I haven’t come across it myself for a long long time now and no doubt even the experienced investors will have almost forgotten it. What it tried to do was to ensure a program’s longevity and keep hit-and-runners under control by forcing the members to reinvest part of their profits before they were allowed to withdraw. For example if you had a payment of $30 due, you couldn’t get it without re-investing $15. If the following payment was $10, you’d have to reinvest $5 and so on.<\/p>\n

It wasn’t always a popular rule by the way, with many investors feeling it was like some kind of tax on accessing their own money and forcing them into a program that they would now prefer to cash in and leave. And of course sometimes it was abused with admins introducing the rule only after the program had started. So it just goes to show how much the industry has changed when there is a serious chance that rank and file members of FastBucksPro<\/a> might actually welcome this move as a potential savior of the program. In fact it’s entirely possible that if it works out here some other admins may even consider reviving it, and that’s not something I would have expected to say two or three years ago!<\/p>\n

Anyway, sorry to drift away from the main issue here which is of course FastBucksPro<\/a> and how viable an option they may be for turning a profit, but I do feel this 50\/50 issue needs further explanation for a lot of readers. So let’s carry on with the plans. There’s just one, and it’s a short term high ROI plan that’s fairly typical of games like this one. It’s open to deposits from a minimum of $10 up to a maximum of $10,000. the investment term runs for 8 days and payment is made on expiry. Payment is made at the same rate no matter how much you spend. The rate is 136% which includes your principal.<\/p>\n

So how about this 50\/50 rule? How will that affect your earnings? Let’s take an example. And we’ll assume that you are only ever making one deposit into FastBucksPro<\/a> with no intention of ever adding to it (if not, then you will need to make your own calculations based on your own spend). Say you invest $100. On expiry 8 days later your account now shows $136. Great! But how to withdraw? In order to get your $136 you must first re-deposit an amount equivalent to 50%, in this case $68.<\/p>\n

So now, whether you like it or not, you are now starting the second cycle with a principal of $68. On expiry that will amount to (136%) $92.48. Wanna withdraw it? Not so fast! First of all half of this new figure goes back into the third cycle, leaving you with a principal of $46.24.<\/p>\n

And that’s how it continues. I’ll admit that’s a simplified version of it because you can always add more money if you’re feeling lucky, but that’s the general idea. If you’re not altogether sold on the idea however then there’s a nice little bonus available to sweeten the deal to those joining in the first 8 days. You’ll get 10% of your deposit returned which you can cash in and a 5% bonus added to any subsequent investments. The list of payment processors is pretty good for a short term game with SolidTrustPay being a welcome sight for many. Otherwise the usual admin favorites are there with LibertyReserve and PerfectMoney.<\/p>\n

FastBucksPro<\/a> is hosted on a dedicated server from HushHosting. But the thing that caught my eye most of all was the custom made script from Gotenks, a programmer of some repute and someone yet to have any serious issues with their services. It’s not a name you see everyday because this is someone that doesn’t work cheap, but if you want quality then you pay for it and that’s exactly what the FastBucksPro<\/a> admin has paid for here. Of course a good secure script doesn’t guarantee the safety of your deposit (because it can’t take account of the admin’s intentions!). But at least it shows some sort of effort to get off on the right foot. Any questions can be put to the admin through the support ticket submission form on the contacts page.<\/p>\n

Aside from spending a bit on a good design the only other (possibly) big expense is the introductory bonuses. Advertising is pretty low key for now and the list of monitors is still minimal. The admin, who I can’t help but feel is more experienced than most, seems to be aiming at a slow and gradual build up here and as we are still early in the summer that’s probably not a bad approach. What I think he’s trying to do and what might actually happen in reality could be two completely different things, but if he can attract a good base of members, keep them interested in the program (50\/50 means he’s forcing them obviously!), and build up a solid and dependable reputation over the coming weeks and months, then who knows what could happen next?<\/p>\n

Don’t take it from me of course, I’m only surmising what the possibilities could be for FastBucksPro<\/a>, but I’ll definitely be more interested in following this admin’s fortunes over the next few weeks that I am am in most of the new short term HYIPs around at the moment. And by the way, FastBucksPro<\/a> quite literally has \u201cit’s a game\u201d written all over it! I admire the admin for trying something different, I sincerely hope it’s a success, but the risks are never far away so please spend according to what you can afford and not according to what you hope to earn. It’ll certainly make for an interesting addition to any portfolio, but keep it affordable, keep it diverse, and hopefully the admin can establish a reputation for himself by the time things pick up in the industry again.<\/p>\n

OTHER NEWS FOR TODAY.<\/strong><\/p>\n

If you haven’t read today’s interview with the admin of MoneyTree<\/a> Peter please click here<\/a> to do so. Tomorrow there will be another interview published \u2013 this time with the admin of AirlineFinance<\/a> James. His program already reached 400 members and is growing steadily. It seems with the introduction of the instant payments AirlineFinance<\/a> (reviewed here<\/a>) is becoming more popular as all the investors prefer instant payments and to waiting for their withdrawals to get processed. Of course mostly it applies to members who deposited in the 10% daily for 14 days plan, although those who chose the riskier 160% after 14 days plan will also benefit from it in time. This and other matters the admin wanted you to know and about are discussed in the latest newsletter published below:
\n\u201cOur total deposits are now over $25,000! And we have 373 members! This is a good healthy growth and I ask you all to keep continuing to support <\/em>AirlineFinance<\/a><\/em> by posting on the forums and re-investing with us.
\nWe also have a new Paid Sticky on the biggest Russian HYIP forum mmgp.ru (Thank you to the Russian members for bringing this forum to my attention)
\nI have 3 interviews coming up over this weekend which I am looking forward to and I will send you the links as they are published.
\nI will also be buying some more Paid Stickys on some other forums over the next few days.
\nLet me clear up some confusion about referral commission:
\nIt means you get paid to invite your friends to <\/em>AirlineFinance<\/a><\/em>. When your friends join <\/em>AirlineFinance<\/a><\/em> with your LINK then you will get 5% each time they deposit! You can find your Referral LINK on the ‘Referral Links’ page after you login to <\/em>AirlineFinance<\/a><\/em>. It’s as simple as copying and pasting the link to your friends.
\nInstant withdraws:
\nAll withdraws are instant and automatic. There is a 99.9% chance it will work. In the extremely rare event it doesn’t the system sends me an email and I pay it manually, within a few hours maximum.
\nThat’s all for today.
\nBest Regards. James Hempington
\n<\/em>AirlineFinance<\/a><\/em> Admin<\/em>\u201d.<\/p>\n

I received some very good news for the members of VezGroup<\/a>. Apparently the admin paid all the pendings today and finally replied my email. Despite over 72 hours pending I’m glad that this happened after all and so we can take VezGroup<\/a> off the list of scams. VezGroup<\/a> has been paying for over 2 weeks from 2.4% daily forever and since it accepts all the popular payment options it managed to become a popular choice among MNO readers. I really hope that those delays will not happen again in future because they really hurt the credibility of the program without which it’ll not be able to survive. Here is the latest newsletter from VezGroup<\/a> (reviewed here<\/a>):
\n\u201cDear VezGroup<\/a> stakeholder;
\nI would begin by rendering an apology to all members who didn’t get their withdrawal request processed just on time, this was due to some minor delay however, all withdrawal request has been processed. VezGroup<\/a> continues to grow in strength, just like we said we would be taking the lead shortly as we currently rank No 6 on MoneyNewsOnline and also have good ratings on so many monitors.
\nWe want to inform you that our live support are always online 8 hours a day to answer all your online inquiries, our project manager (admin) would also be available in some major financial forums to give a quick updates and support for the members.
\nThank your for being with us! VezGroup<\/a> would take you there
\nRegards. Public Relation Manager
\nVezGroup<\/a> Team<\/em>\u201d.<\/p>\n

Unfortunately another popular program InvestAward<\/strong> had to be put to Problem status on MNO tonight due to selective payouts. I had previously moved them to Problem status due to delayed payouts but this time it looks like the situation is more serious. I myself was paid all the pendings to all the e-currencies except LibertyReserve and if you are in this Industry for a long time enough you should know that when a program doesn’t pay to LibertyReserve it’s a very clear sign of scamming as this ecurrency is simply too easy to exchange to real money without any consequences. So until InvestAward<\/strong> pays to LibertyReserve as well I would not recommend any further investments in it even if you’re paid to other e-currencies.<\/p>\n

There was an update from PrivateDiamondClub<\/a> (reviewed here<\/a>) keeping us up to date on the continuing story of their adventures in Africa. Part three of the tin mine video should be uploaded soon as well. So stay tuned for that as MNO will be the first who will tell you about this fascinating story. Here is the latest news from PrivateDiamondClub<\/a>:
\n\u201cOn Monday our head of trading is starting his next diamond journey for the PrivateDiamondClub<\/a>. At the moment he is with his partners in Kigoma (TAZ) planing the last details. He was in Burundi yesterday to pick up our diamond expert from the airport and is back in Kigoma now. The journey will take place in the DRC, far away from the tin mine. We will work with a mine together and make a bigger trade than normally. As we know the mine owner and we worked with him 4 times before, the trade will take no longer than 5 days and like always we will close our doors for new members during that time. Also our site layout change will take place during this time and the daily plan will be removed. Part 3 of the tin journey video should be online by Monday or Tuesday. Lars will update the news on our news site on Monday.
\nContact us if you have any question. And I wish all PrivateDiamondClub<\/a> members and followers a nice weekend…
\nHilde. The PrivateDiamondClub<\/a> Limited<\/em>\u201d.<\/p>\n

The World Cup is still the major event not only in the real world but also in the HYIP world whose admins take every opportunity to use it to draw more attention to their programs by running football related contests. The admin of DynFxTrade<\/a> (interviewed here<\/a>) is still holding one where you try your luck in predicting the score of the games. Apparently there were so many sensations already that it was hard for many to predict for instance that England would only draw with Algeria so in the latest round one investor that was closest to the correct score was rewarded with a cash prize. The next round was also announced by DynFxTrade<\/a> in the latest email. Here are the rules and results of the contest:
\n\u201cContest Result
\nSlovenia Vs USA
\nEngland Vs Algeria
\nBoth matches has been drawn
\nGot some entry but all incorrect except 1 partially correct because we don’t ask for goal scored only result.
\nso partially right
\nuser id :jkpoli
\nSlovenia 1 Vs 1 USA
\nEngland 2 VS 0 Algeria
\nBut this user is free so not eligible for winning 1$
\nSo we decide again winner up to 5 correct entries for next contest.
\nHi Paul Your daily contest is here! and all pay out request completed
\n*********************
\nDaily Fun Contest!
\n*********************
\nToday’s Match Of the Day ( 20 June )
\nBrazil vs C\u00f4te d’Ivoire
\nPredict the final score of the match.
\nSend your entry via e-mail (using the e-mail you join DynFxTrade<\/a> with) to contest@dynfxtrade.com with the following information:-
\nYour DynFxTrade<\/a> username :
\nYour prediction : for example Brazil will won
\nOnly submission received before the match begins will be eligible.
\nPrizes : 5 winners X $1 each.
\nWe will award $1 each to the 5 correct entries. IF there is less than 5, we will award those correct entry(entries) only. IF more than 5, we will randomly select only 5 winners. Our decision is final.
\nWe will post winners in the news section of DynFxTrade<\/a> website.
\nStart sending your entry now!! Remember, only upgraded members are eligible to enter and if you are still a free member, you can take advantage of upgrading now and receive a 10% bonus on your first upgrade!
\nHave fun! DynFxTrade<\/a> Team<\/em>\u201d.<\/p>\n

Some reminders were sent today by the admin of FxCrudeOil<\/a> today as well. The bonus for joining the Industry Plan is still valid and if you want to know more about the weekly plans offered please refer to my review published here. This is the latest newsletter from FxCrudeOil<\/a> (reviewed here<\/a>):
\n\u201cThank you to those new members just joined.
\nAll pay out complete.
\nRemember we have compounding option available and can fund wallet any amount from 1$
\nWe have strong DDoS protection with SSL service. We offer compounding in all plans
\nCompounding System:
\n10% Weekly Plan max compounding 20%
\n11% Weekly Plan max compounding 40%
\n12% Weekly Plan max compounding 80%
\nur limited time special, once in a lifetime BONUS OFFER!!
\n*********************************************************
\nOur Offer : Upgrade with min of $100 in Industry Plan (pays 12% weekly for 12 weeks = 360%) and get a bonus 20% of your upgrade, deposited in Transport Plan (which will earn you 150% ROI)
\nLimited Time : from now until the end of World Cup – 11 July 2010.
\nThank you and enjoy weekend.
\nFxCrudeOil<\/a> Admin<\/em>\u201d.<\/p>\n

The admin of Forexica<\/a> (interviewed here<\/a>) is also holding a prediction contest for the World Cup but you have to pay in order to participate (the rules are listed here<\/a> and the cost of participating is just $5). So why not try your luck in the contest while watching the World Cup? The latest newsletter was dedicated to the intolerable behavior of one member who submitted bad votes for the program without what they consider to be justifiable cause. This will not be put up with by the admin of Forexica<\/a> as is stated here:
\n\u201cHello Forexica<\/a> members,
\nOne of our members was unprofessional we were exchanging for PerfectMoney and we had a delay about his payment but he has written bad vote on monitorings and forums. We sent his money already.
\nWe want to say Forexica<\/a> can’t accept these members because they can bring big danger for our group.
\nThanks.
\nBest Regards. Forexica<\/a> Group<\/em>\u201d.<\/p>\n

Here are the programs that paid me for the last 24 hours:
\nBukInvest<\/a>, EarnForexProfit<\/a>, BookmakerOffice<\/a>, AirlineFinance<\/a>, VezGroup<\/a>, MoneyTree<\/a>, KaizenPortfolio<\/a>, CherryShares<\/a>, TrumpForexClub<\/a>, YesInvestment<\/a>, GoldenInvestment<\/a>, EzProfit<\/a>, PrivateDiamondClub<\/a>, FxCrudeOil<\/a> and FastBucksPro<\/a>.<\/p>\n

See you on my blog tomorrow with an interview with the admin of AirlineFinance<\/a> followed by all the day’s news stories. Stay tuned and enjoy what’s left of your Saturday!<\/p>\n","protected":false},"excerpt":{"rendered":"

THIS PROGRAM IS OFFICIALLY CLOSED! REFUNDS WILL BE ISSUED SOON! Hi everyone! For the second post of this Saturday evening I want to take a look at an intriguing new short term HYIP that I came across only yesterday called FastBucksPro. Regular market players will no doubt be acutely aware by now of the alarming […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,6],"tags":[],"_links":{"self":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/3641"}],"collection":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/comments?post=3641"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/3641\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=3641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=3641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=3641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}