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As BTC has hit yet another record breaking value of $51K the future looks bright for HYIPs backed up by cryptocurrencies (which actually all the programs currently listed on the MNO monitor are). With that in mind I can predict much higher levels of activities over the coming weeks and months with the HYIP industry set for imminent recovery, thanks to that widely anticipated cryptocurrency market surge. And while we can all agree that it’s of the utmost importance now to make sure you won’t miss on anything big that is going to come your way in the near future. That’s why it’s highly recommended to start following MNO on Telegram, Facebook, or Twitter where all the new additions to the MNO monitor and other important announcements are featured first. If you like my unique blog content (I’ve gotten especially good feedback on the HYIP Admins’ Dirty Secrets series of articles which I intend on keep working on) then why not subscribe to the MNO Newsfeed to make sure you won’t miss anything which will be delivered to your email address you can specify on this page? And don’t worry – I won’t spam you and it’s so easy to unsubscribe in one click if you change your mind later. Although something tells me that you won’t be doing that as you will literally not be able to find such original content anywhere else on the web related to the HYIP industry.
Remember that I’m always here to answer your questions, concerns and advertising requests you may submit via this contact form, by emailing me directly at firstname.lastname@example.org or by chatting with me on Telegram @mnoblog. I do appreciate your feedback and am always ready to listen to your suggestions to improve my website which you can also share on the MNO ShoutBox which is a great tool for chatting with your fellow investors without leaving my website.
As later in the post I’m going to introduce the finally launched program called GiantSquid that exclusively works with the USDT Tether currency I would like to start with an introduction to Stablecoins and Tether as the best example. That should hopefully make up your mind on whether you like to start using Tether as an investment tool or just as a storage for trading cryptocurrencies without the downside of market’s high volatility. So let’s start with that before moving on to the latest news from the HYIP industry and the MNO monitored programs.
To introduce Tether I don’t think it’s necessary to delve too far back in history, at least not in the sense that it’s already been well documented elsewhere and not really all that helpful to repeat an explanation of what a cryptocurrency is. There are however so many different cryptocurrencies out there on the net these days I’m not exaggerating when I say I literally have no idea of the numbers anymore. All the time I hear a new name only to find out that it’s been in operation for years before I ever even heard of it, there really is that many. So what is it then that makes Tether so different from any of the others?
Well, in many ways Tether could be considered as being in the best position to succeed in its intended purpose, much more so than the more popular options like BitCoin or Ethereum. That is to say as a currency people use to spend on everyday goods and services as opposed to purely a means of speculation and gambling which is what so many cryptocurrencies are sliding into. Because Tether is a so called “stablecoin”, its value is permanently pegged to the US dollar which means you get all the benefits of using an anonymous cryptocurrency without the constant worry and sleepless nights over the value of your money getting wiped out in the space of a few hours like we’ve seen before. 100 Tethers (or USDT to give it the correct abbreviation) is worth $100 USD today, and you can come back in a month to find it’s still worth $100 USD then as well. No good for currency speculation, OK, but if that’s your thing then there are plenty of other avenues open to you for such high risk activities. So in other words Tether protects users from the volatility of the cryptocurrency markets by fixing the value of its cryptocurrency to the value of an established hard currency. Hence the name “Tether” one imagines. All Tether tokens are in theory then 100% backed by Tether’s dollar reserves. Whereas you are protected from the volatility of the cryptocurrency market you are still of course subject to fluctuations in the value of the hard fiat currency, but in comparison this is almost negligible.
So far so good, but if only it were that simple and straight forward. You see where things get complicated is when we learn that Tether is also inexorably linked to Ethereum. Why so? Well, in a nutshell like most services it isn’t free. Just like real world banking, either online or off, there are other people involved expecting and entitled to be paid. So, Tether is a so-called ERC20 token which means its transactions are carried out on the Ethereum blockchain. This means that the sender is required to pay a fee in ETH to ensure their transaction is completed. It’s free of charge to receive a payment in Tether by the way, as it is to store it on your wallet just not free to send it. You will need a certain amount of ETH in order to exchange Tether for any other cryptocurrency within the blockchain.com wallet, or to send it externally to a third-party exchanger. Ordinarily this wouldn’t be too big of a deal, after all it’s only fair and reasonable that you pay for a service if you wish to use it. The problem arises when, as is happening right now at the time of writing, the current cryptocurrency frenzy which has seen prices sky rocket all across the board has also led to transaction fees escalating accordingly, to such an extent that it provides extremely poor value for money if dealing in small to moderate amounts like most HYIP investors would be.
What then are the advantages of using Tether? The thing is that at first glance most cryptocurrency users will mostly be accustomed to using them for the very reason that the price is unpredictable, i.e. deliberate speculation for profit and not for day-to-day financial business transactions. If you’re not going to use it as such, one might then question the purpose of a cryptocurrency entirely designed on maintaining a fixed price. No bubbles like you see in the likes of BitCoin. Owning and storing Tether is therefore more like a deposit in a bank account that pays 0% interest, or just keeping a bag of cash stored in a safety deposit box. So if the very ownership of Tether provides no possibility of financial gain by itself, why use it at all? Well, in practical terms Tether can sometimes prove extremely useful to traders and investors as an alternative to fiat currencies. There are several good reasons why for reasons I shall try and briefly explore below.
First of all it’s the transaction time. Hard currency deposits and withdrawals to and from foreign exchanges are often a time-consuming process. Factor in weekends, bank holidays, regular 9 to 5 business hours, and waiting times may be considerably extended. By contrast, Tether transactions are completed in minutes. This benefit is significant because cryptocurrency traders usually need to move fast anyway because they never know when the value of what they are holding can drop rapidly.
Then consider regular banking transaction fees, especially when moving money internationally. SWIFT (Society for Worldwide Interbank Financial Telecommunication) transfers are very expensive and can, depending on your bank and jurisdiction, easily cost upwards of $20 to $30 regardless of how much you are moving. Additionally when moving money between different currency areas (one country using dollars to another using euros for example), the banks will charge an extra foreign exchange conversion fee and percentage of the amount. By contrast, Tether charges zero transaction fees when moving between Tether wallets, however standard blockchain network fees apply.
And then of course there is the price stability, even though that’s not always exactly what some players are really looking for. Cryptocurrencies in general are as you know notorious for being volatile, and trading one volatile currency for another creates a great deal of complication and extra risk. That’s why a stable base currency is extremely useful. For example imagine the following situation where and investor wants to trade BitCoin for Ethereum because they identify a potential sharp rise in value there. They convert BTC to buy ETH, which then rises by 10%. In order to cash in and take the profit they sell the now inflated ETH back for BTC. Except while the trade is still being processed, Bitcoin falls by 15%. Despite being correct about Ethereum’s rising value they still take a loss due to the fall of BTC. In this case by using Tether the investor’s sole concern would only have been the price of Ethereum, thus protecting the profit.
I will admit there’s a lot more to say about Tether, but the intention of this article is just a basic introduction. I may return to the subject in future articles to discuss the buying and selling of Tether, the most suitable wallets for your own unique requirements for the currency, and so forth, but not today as I only wanted to discuss the broader concepts of what it’s all about. I hope you found it helpful if you didn’t know much about Tether in the past, that it shed some light on how it differs from others, and if interested you are now more confident in researching the matter further by yourself. Meanwhile I myself will have plenty of other articles in the future on the workings of cryptocurrencies, if readers have any questions or suggestions about something they would like to see covered please don’t hesitate to get in touch anytime, or else just drop a comment on the MNO ShoutBox.
DAILY NEWS FROM THE HYIP INDUSTRY
CRYPTOWARE – ONE MONTH ON MNO, PAYOUT PROOF PAGE AND LATEST CRYPTOCURRENCY UPDATES
Cryptoware (reviewed here) is clearly taking full advantage of the buoyant cryptocurrency market and its definitive and hopefully long-term upward trend. The program offering investors a 0.15% hourly fixed return over an open ended term with the possibility to withdraw your principal anytime after 24 hours for a 5% fee is in its fourth month online now and it doesn’t seem to have been slowing down lately. Quite the opposite with Cryptoware in fact – the program keeps growing along with the cryptomarket it utilizes and the admin is pretty confident he’s banking on it by recently extending his banner on the MNO blog for yet another month.
After four weeks on MNO’s Premium List and three and a half months overall with greater flexibility over investors’ finances it was entirely possible for you to double, triple and even quadruple your cryptocurrency funds with Cryptoware. And I’m not even taking into consideration the multiple times increased value of the most major cryptocurrencies the program accepts from investors – BitCoin, LiteCoin, Ethereum, Tron, BitcoinCash, Ripple, Tether, Monero and Dash. What’s more? With Cryptoware you can take advantage of instant withdrawals for as long as they are not exceeding a $100 threshold (larger withdrawals are processed manually within 24 hours). That’s certainly another selling point for anyone willing to try Cryptoware but still sitting on the fence. So why not? After all, it’s totally up to the individual investor in Cryptoware to determine the investment term and profit targets in accordance with their own goals and expectations.
Besides, with Cryptoware you may verify each individual transaction in Blockchain and see them all displayed in real time on a specially allocated Payout Proof page. Highlighting this feature was actually the main subject of the latest newsletter from the admin of Cryptoware who also posts frequent short updates on the program’s official Telegram channel which is mostly dedicated to the cryptocurrencies which the company has been dealing with. Below you will find all of the latest news in more detail:
“Cryptoware – Trading Payout Proof Published
Hello dear Cryptoware client,
Thousands of current and potential customers asks us to provide a proof of real payments sent to our clients.
We have made a special page on the website where you can track and follow live payouts in all 11 accepted crypto-currencies sent to our members.
Please follow this link and validate the payouts yourself. See how well our trading clients are doing!
Here’s the link: https://cryptoware.b...age=allpaidouts
Should you have any questions, feel free to reply to this email, use our live chat located on the website or call us!
Thank you for doing business with us, CRYPTOWARE SOLUTIONS LTD”.
“Grow your earning and portfolio even better with Cryptoware.
Cryptoware turns your hours into crypto forever.
Accepting: LTC, BTC, ETH, DASH, DOGE, XLM, TRX, and USDT
Visit the website now to learn more. Cryptoware”.
“Bitcoin Sets a New All-Time High, is $50K Finally Incoming?
One thing is for sure, this bull run isn’t stopping anytime soon.
Even better, grow more of your Bitcoins with Cryptoware!
Visit the website now to learn more. Cryptoware”.
“Want to know how profitable Cryptoware is?
Head to the website and make use of the Profit Calculator.
See your real time calculations and maximize your earnings!
Visit the website now to learn more. Cryptoware”.
“Another all time high for Bitcoin! Surpassing the 51k mark!
Grow more of your Bitcoin with Cryptoware now and enjoy easy profits by turning your hours into crypto forever!
Visit the website now to learn more. Cryptoware”.
QUBITTECH – LATEST LEADERSHIP MEETING RESULTS, ASSISTANCE GETTING TO NEXT BASECAMP AND BIG FORUM, AND TRADING SIGNALS SERVICE REMINDER
QubitTech has become the longest-running program on the MNO monitor and has been listed as Paying for over eight months now. Those early investors who trusted QubitTech with their hard-earned cash on its official launch have long been reaping rewards of their wise decision and should have doubled their investments already. If you haven’t read my original review of the program posted here, I should remind you that with QubitTech you may invest (i.e. purchase a Digital License) starting from $100 worth of BTC or ETH funds which will then be converted into the internal USDT currency. Your account with then get credited with a variable return on a daily basis (in theory it might be up to 2%, but usually it’s around 1% on average) until you reach your target profit of 250% ROI. Once you have at least a $10 balance on your QubitTech account you’re allowed to request a withdrawal which is a subject to a 2.5% fee and will be returned to your chosen BTC or ETH account within a 72 hour maximum.
Although QubitTech is already a huge success the administration doesn’t intend to stop there and keeps offering new exciting products to investors while maintaining high levels of promotion on a truly global scale. The regular weekly Zoom leadership meetings are held every Friday in four languages and the results of the latest one was discussed in the newsletter you will find below. Also, in the latest news from QubitTech – information on options of getting to the next BaseCamp in Turkey and the subsequent Big Forum in the Dominican Republic (with a possibility to get on a special flight between countries organized by QubitTech), a specially dedicated Telegram messenger accounts for those interested in getting to these live events, and the introduction of a new service for professional traders which will issue you with useful trading signals. All of those updates have been covered in more detail if you continue reading:
“Leadership zoom results
Dear users of the QubitTech platform.
We bring to your attention a short summary of what Greg Limon discussed with the leaders at the today leader zoom. A total of 4 online meetings were held in Spanish, English, Russian and Thai.
The key topic of the leadership zoom was the upcoming Basecamp in the Dominican Republic, which will also host the Big QubitTech Forum. We remind you that there are only three days left for the promotional campaign, within which you can get tickets for this unforgettable event.
Greg Limon has announced a unique opportunity for QubitTech leaders that once again underscores the platform’s faith in its huge community – a special QubitTech charter flight to the Dominican Republic from Turkey. Direct flight time will be 12 hours.
A great bonus for the winners of the promo – in addition to monetary compensation, they will receive 3 days of stay at the All-inclusive hotel as a gift.
Another great offer for future Basecamp participants – if they reach $ 10,000 in front line turnover during the days of the event in the Dominican Republic – they will get to the Big QubitTech Forum. If the turnover in the first line is more than $ 25,000, they will receive another 3 days of stay at the All-inclusive hotel.
We remind you that we are always ready to answer your questions – write to our telegram account – @basecampqubittech.
Follow our news!”
“BaseCamp & Big Forum: how to get there?
Dear users of the QubitTech platform.
We have prepared several unique offers at once that will allow you to easily get to the Dominican Republic at BaseCamp, as well as at the Big Forum of QubitTech.
We remind you that these unforgettable events in the amazing atmosphere of the Caribbean will take place from late February to early March 2021:
– BaseCamp (from February 25 to March 6);
– Big Forum of QubitTech (from March 7 to March 8).
BaseCamp place reservation cost is 250 USDT – https://qubittech.dev/basecamp8/
After paying for the reservation, you will have the opportunity to pay the full participation cost of 1,800 USDT in your personal account.
To reduce connection times and save users money, QubitTech has prepared a special charter flight to the Dominican Republic from Turkey for all BaseCamp participants. Direct flight time is only 12 hours. Tickets price is 1,200 USDT (a widget for payment will soon appear in users accounts). Also, payment from UltraPromotion balance will be available.
Besides, there are only 2 days left until the end of the 2nd Promo-campaign. A special offer from Greg Limon was announced at the leadership meeting in ZOOM:
– 2nd Promo-campaign winners, in addition to monetary compensations, will receive 3 days of stay at the All-inclusive hotel as a gift.
Special conditions for BaseCamp participants in the Dominican Republic:
– If you reach the sales volume of 10,000 USDT on the first line during BaseCamp, you will receive a ticket to the Big Forum of QubitTech.
– If you reach the sales volume of 25,000 USDT on the first line during BaseCamp, you will receive a ticket to the Big Forum of QubitTech and 3 days of free hotel accommodation.
Great opportunities – don’t miss them,
And follow our news!”
“Assistance in planning a trip to the Dominican Republic
Dear users of the QubitTech platform,
We will be happy to assist you in planning your trip to the Dominican Republic at BaseCamp or Big QubitTech Forum.
First of all, we will help with:
– visa advice;
– choosing a hotel when participating in the Big QubitTech Forum;
– selection of flight options from different countries and back from the Dominican Republic.
Our support service works 24/7. For communication in telegram use:
– @basecampqubittech – for questions about BaseCamp;
– @bigforumqubittech – for questions about the Big QubitTech Forum.
Always in touch!
“Trading signals – already in the QubitTech Academy bot on Telegram
Dear users of the QubitTech platform,
We present you a new useful functionality in our bot in Telegram (@Qubit_Academy_bot), which will allow you to quickly receive QubitTech trading signals.
We remind you that Trading signals is the new QubitTech online service for traders – https://www.qubittec...rading-signals/. The information posted in this section takes into account many years of successful experience in analyzing market data and the experience of conducting real trading operations in the cryptocurrency market.
A trial subscription to trading signals costs 9.99 USDT for the first week. After the trial week expires, the subscription will be $ 29.99 per month.
Subscribe to our Telegram bot now – @Qubit_Academy_bot. In addition to trading signals, the bot has a system of notifications about logging into an account, crediting the balance, new users in the network, new rank, etc. More on this – https://www.qubittec...ttech-academy-/
Follow our news!”
Despite GiantSquid launching on Monday as planned at the time of writing I’m still struggling to understand how exactly the program works. Although the admin did extend the top banner spot on the MNO monitor until the end of March he seems to have forgotten to credit my account with USDT balance which I need to have in order to start monitoring it properly. That explains why GiantSquid is still listed under Waiting status on the MNO monitor. I do hope to have everything sorted out with my account to further familiarize myself with the main features of the program so as to work on a more detailed review on my blog by Monday the latest.
At the moment though I do like to emphasize that with GiantSquid you are only allowed to invest via Tether USDT, so in order to function properly you must have Tether and Ethereum accounts at the same time, as explained to the introduction to Tether article posted above. As I have not completed the steps described in the guide posted earlier today yet I cannot vouch for how it works in reality, but if you’re interested in getting things to work then please find a graphic explanation on this page. GiantSquid has also opened an official Telegram channel, so you can follow it to get all the latest updates. Over the last few days the following was posted regarding the GiantSquid website’s official launch and its development and main features which I’ll be further covering in the upcoming review of the program to be posted on the MNO blog soon:
“Global Service Announcement
GIANTSQUID is finally opened!
0. Deposit USDT to the wallet in the service
1. Matching application is possible as much as the USDT held in the wallet
2. Buy matched squids
3. Automatic sale of squid + 18% held after 3 days
4. Profit realization (real-time withdrawal available)
Please refer to the service usage.
– Matching Rate: 50~60%, – Yield: 18% on 3 days (including commission), – Purchase fee: 3%
– Referral revenue – 1Lv : 10%, 2 Lv : 5%, 3 Lv : 3%, 4 ~ 10Lv : 1%
For other inquiries, please contact the chat room”.
“GiantSquid signed a business agreement with Custody Base
GiantSquid entered into a business agreement with ‘Custody Base’, a custodial service company, to safeguard customer assets.
– Customer’s private key is kept securely by Custody Base.
Since it is securely stored by a certified custodial company, the Squid Giant team cannot engage with the customer’s assets, and can protect the assets from third-party hacking.
– If there is a problem with a customer’s property, a 100 million dollar compensation insurance is applied.
-Third party hacking, copying or theft of private keys, -Corporate internal theft or dishonest behavior, -Lost key, -Custody Base Homepage – https://www.custody-base.tech/”.
We bring you great news
The first purchase today (February 16th) started successfully!
Due to the large number of purchase requests from Chinese, Korean, and Russian members, a portion of the initial Squid issuance was allocated to the local branch offices.
Squid assets allocated and issued to the branch will be used for marketing expenses.
In the future, we plan to provide initial issuance and point rewards to active branches.
We look forward to your participation.
“GiantSquid official medium has been opened.
As a large number of users flow in, a user guide has been uploaded for the convenience of users.
If you are not familiar with how to use, please check the post and use the service conveniently according to the guide.
In the future, we will post various news and announcements on the official medium.
We ask for your interest.
Official Medium Link – https://gaintsquid.medium.com
User’s Manual Link – https://gaintsquid.m...le-56f6c3d6b1b6”.
Here is the list of the programs from my monitor that paid me for the last 120 hours:
From MNO Sticky list: –
From MNO Premium list: QubitTech, Cryptoware, GlobalCryptox.
From MNO Standard list: –
From MNO Basic list: BookInvest.
That’s about all I have to report today, guys. Most likely I’ll post again on Monday with a full review of the mysterious GiantSquid and all the latest news from the HYIP industry. The latest TalkBack poll results will be analyzed as well, so keep your votes coming here, guys. I wish you all every success over the remainder of the week. Talk to you again soon on MNO – For Money Lovers!
The post 17/02/2021. An Introduction to Tether and Daily News from the HYIP Industry appeared first on MNO Blog.
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