Monthly Archives: February 2017

Spring Bugs Beware

With Bitcoin, there is daily news from various sources I scan over for international events that affect the overall progress of the digital currency, current value and generally, anything that concerns my ‘wallet’.

It just so happens, there is a so called ‘Cloudflare Bug’, that promted me to change my password in my Bitcoin wallet and there is a post on Coindesk explaining why …

Cloudfare Bug Triggers Password Warnings From Bitcoin Exchanges

‘News of the bug has triggered warnings from exchanges, which suggested that users change their passwords, two-factor authentication and API keys. More broadly, cybersecurity advocates have strongly encouraged users of any site that utilizes Cloudflare to change their passwords as a precaution.’

I have to figure that the hackers out there in droves are trying, or have already have taken advantage of these leaks, Exchanges affected are Blockchain, Coinbase, BitPay. LocalBitcoins, Kraken and Poloniex plus other websites.

Meanwhile, I have over doubled my Bitcoin since 2017 rang in with some decent programs of late.

I continue to gain interest in WealthRising. net and after having a ‘back and forth’ with support, I’m impressed by their service. I got paid quick from my first Bitcoin deposit and funded again.

Again, this is more for the serious builder. Members can deposit one time and leave but I tend to stick with ventures that I feel have potential. Earnings accumulate daily, recording the ‘interest’ only and when matured, members can request the principal plus interest when expired, which counts down with a timer for each invest.

The first two plans I call ‘builder’ plans and members can only do the maximum amount in each … once. Then, it’s move on to the lengther plans that pay higher interest with details attached and ‘on site’ videos explaining the ‘step by step’ process to fund and withdraw.

 

Accountability, or Not

When talking accountability, an investor can scour over finincial reports with steady stocks like our major banks and gain two ways with patience. They pay investors a dividend on the number of stocks held and their value. For example. Toronto Dominion, or the TD Bank with branches in the US as well, pays out a percentage 4 times a year.

When the actual TD stock value rises, another way to gain. Folks owning that stock also have the option of ‘reinvesting’ those dividends, buying more stock on autopilot or … compounding.

I can study all the bank reports and invest totally online if I wish or I can stroll into the nearest branch and meet with a finincial advisor. He, or she can advise but the ultimate desicion to sell, buy more, or diversify into other stocks is mine and when there’s news of a possible ‘crash’ in the markets … I’m also left to decide to sell or ride it out with no email or call from that financial advisor unless I contact first.

Yep … still risky after absorbing all that information plus due diligence and the advisor talks about that right from the start. Are you prepared for the risk?

But, it ‘appears’ as the safest method where folks who stick with it begin to see a gain of $50 to $100 a month in dividends and building up from there over the years.

Since I’m into risk, I also walked into the wild side of HYIP’s in 2017, where there’s really no accountability, while gaining steady earnings.

Admin(s) are incognito, use aliases, or just plain don’t provide any identity. There are no refunds, although I have been involved in a few from the past that refunded all or partial prinicipal amounts. I salute them.

PassiveLoan, which I liked from the start when I looked over the site, has provided me with a profit with my Bitcoin and Payza deposits. The ‘Telegram’ based, Elizion (Bot) keeps pumping daily BTC earnings directly into my Blockchain wallet.

As of today, with 42.5% of my initial prinicipal recovered with Bitluna, that program has yet to prove itself, eventually reaching that day when the first profit since launch will be realized. Notice that I’m a positive type guy.

BitLuna is coming along nicely with it’s ‘instant’ payments. This site is not listed as a HYIP but has the feel of one.

Then there’s my newest … WealthRising.net, which I wrote about in my last article. Membership continues to grow there.

My goal in all this, as it has been from the start years back, is continue to build reserves in my online processors and cash out a percentage to my bank account. Some years and months have been very profitable and then there are spurts where it’s been slow while I wait it out, looking for the latest ventures that perk my interest.

 

 

 

Stormy Weather

I wasn’t far off with my weather predictions for the East coast of Canada during February. Back to back blizzards filled with the white stuff. My stomping on the floor here is not speeding up the Earth’s tipping of the upper hemisphere towards the sun and spring  … and BBQ season.

Seems to be the concensus now that Bitcoin is becoming the most used method of funding online ventures along with Perfect Money. Payza and SolidTrustPay, both being around for years have stricter guidelines to comply with so the majority of Admin(s) or program managers go the easy route with no refunds, where a processor like STP has a refund option if certain conditions are met, or not met by the Admin(s), whatever the case may be.

There is an interesting site, that’s slowly ‘rising’ up and the name is being spread around more from when I registered with 300 members onboard, slowly doubling that so far.

WealthRising.net is what they call a ‘peer to peer’ opportunity and yep … Bitcoin only; geared for the serious builder, either going it solo as a passive member or bring in a downline.

The site has been in a construction phase for awhile and although now launched, more enhancements are scheduled to be added, which I have witnessed since I began. I figure that’s a good thing with the gradual development of the program, as more folks join and fund over time.

Following the video tutorials in the backoffice, there is a ‘one time’ $2 upgrade fee. Once that is processed, the referral link, banners and plans are available.

In what they called the ‘Beta’ phase, some members have already been paid a few times.

To get started in the plans, there’s a $20 minimum deposit and then a member can do additional $10 or more fundings. I’m earning 2% per day and my current plan will mature in 15 days. Each plan is detailed with information and the video tutorials explain more in depth how the system works.

Basically, the concept is to move into the ‘higher’ plans, growing your Bitcoin and supporting the membership as well as the group community as a whole.

It is unique and all starts with the ‘Provide Assistance’ tab. Once a plan matures, I can “Request Assistance” in the form of a withdrawal. The ‘How It Works’ tab provides an overview of the compensation and goals.

 

 

Seasonal Financials

We are creeping up on Mid February already and as expected, I’m getting into more winter weather here in Nova Scotia, with mid March heading back to warmer and spring like conditions.

In the Biz, Bitcoin is once again in that fluctuating $900 to $1000 US for a conversion rate. I look at that digital currency something like the Marijuana business here in Canada, expected to be ‘legalized’ in a few months. It’s in the news steady but remains in that grey area for now.

My latest ventures are producing as advertised but in these ‘fluid’ niches, that could change within 24 hours. As I mentioned in my last few posts, HYIP’s are more of a hit at this time than other categories. Some decent and long running opportunities continue to give a backbone to that area of making a dollar online.

The majority I’m involved with, I’ve invested with Bitcoin and using Payza as well. It’s a double bonus on the days I get paid with BTC and see an increase in value with the Markets. China’s Cebtral Bank and their exchangers are influencing the swings with the price of BTC these days.

 

 

SuperBowl Weekend

In early February, the HYIP niche continues to be on a high since 2017 came in. Meanwhile, more programs come on the scene, from running in the background for awhile to new launches. Bitcoin and Perfect Money seem to be the fav choice of Payment options used by the HYIP players. Sites offering Payza and/or STP gain additional interest as well.

Overtime, there’s the normal shutdown of the less popular HYIP’s, as new plans come on stream, usually offering an earning rate of 5 to 3% profit in around 30 days, give or take a few days. Then there’s the short term ventures investors like.

It’s Superbowl weekend with the New England Patriots and the Atlanta Falcons kicking off on Sunday, Feb 5th. It’s also a time for the SuperBowl commercials where companies spend thousands for a few seconds of air time during the game.

Like this one from Kia, save the earth and it’s creatures … plugging their new ‘earth friendly’ hybrid … Niro.