I’m not sure what is more confusing with the new bitcoin investment company Bitaisal – the name, or the slogan on the front page that reads: “Making More Envision”. I’m guessing that it means the company is somehow involved in increasing the imagination of people, or a kind of fortune telling. In any case, if you can envision making money from a HYIP, then you are in the right spot. Just remember that it comes with very high risk and it pays to envision the opposite outcome. Check out my basics page or my latest blog post if you are new to HYIPs,
As a HYIP, Bitaisal offers three plans to invest bitcoin based on how much you would like to invest. All plans pay interest for a set time period and your principal is returned at the end of the period (aka maturity). The first plan pays 3% for 20 days for deposits up to $1000, second plan is 4% daily for 30 days from $1,000 to $3,000, and third pays 5% for 40 days from $3,000. Minimum deposit is $10 for the first plan, and there is no minimum withdrawal. The site is bitcoin as well as many of the other payment processors.
This type of HYIP is very popular and can build up a large investor base, and although it has been running for 9 days at time of writing, it still should make another 20 days for the basic plans. But, sadly, if you want to make more envision, you may need to use your imagination.
|Type||Details (if given)|
|Date Started||31st August 2016|
|Original Plans||1. 3% for 20 days up to $1,000
2. 4% daily for 30 days for $1,000 to $3,000
3. 5% daily for 40 days for $3,000 to $15,000
|Hosting Location||Rostov, Yaroslavskaya Oblast'|
|Company Address||1ST FLOOR, AXIS 3
|Contact Phone||not given|
The website is nice a simple, yet has a very professional feel… until you read the text. There are some shocking grammatical errors, but that is normal for this style of HYIP. The good thing is that all the information is available before signing up so no nasty surprises. Also, the site is very easy to navigate, and everything works as it should.
The following is a log of my bitcoin investment as well as information about the HYIP as it progresses.
|8th September||Sign up and add initial investment. Members: 778, Deposit: $29929, Withdraw: $6,393, Alexa rank: 1,189,796|
|9th September||Payment received, instant withdrawal. Members: 1,396, Deposit: $33,864, Withdraw: $6,612, Alexa rank: 1,114,400|
|10th September||Scam... sometimes waiting pays off, sometimes it doesn't.|
Not much to analyze here. This style of HYIP can become very popular and run for ages… haha, famous last words. Another demonstration of the unpredictability of HYIPs. Investment levels were still low, but were building up nicely and they pulled the plug. Another case of greedy admin. Oh, well, “the risks, we need to accept” as Yoda would say.