Thursday, September 21

Bitcoin5 – Time goes, income grows

Hello money maker,

Cryptocurrency is still a hot topic and this is the 4th review in a row about a HYIP, which has been backed up by the legend about cryptocurrency. In the spotlight of this review is a project called Bitcoin5. Why 5? Have no idea, but hopefully, we find an answer by the end of this review. Project joined Golden Stage on Davidnews.com monitor 5 days ago and has been online already for 47 days in total. Now I have reinvested in Bitcoin5 $400. Follow up the status updates on the monitor page to find out current paying status. Keep reading this review and find out more about the Bitcoin5.

Let’s begin with discovering the legend of Bitcoin5 and exploring the meaning of number “5” in the name. After entering the homepage, I noticed the slogan “Up to 5% per day net income”. I didn’t find any other references to the number 5, so I assume that’s it. Bitcoin5, because 5% is the highest possible interest rate in this program. Legend seems pretty much ordinary to me because I have reviewed lately so many cryptocurrency HYIP legends and most of them are about a team of experienced guys that have achieved results and decided to make it something bigger. I guess we didn’t expect a rocket science here. In fact, it’s better to have a story, which doesn’t go too many directions.

After spending some time on the Bitcoin5 website I wasn’t sure if I’m more fund of minimalistic design or attractive images on the homepage. Anyway, the website has a standard website, but I really like light websites with a minimalistic approach in the website design. Moreover, the most important information about investment plans can be accessed without doing any scrolling, which is very convenient for visitors being in a hurry. Still, I recommend scrolling down a bit to find the investment calculator-chart, which is a very convenient tool due to the increasing interest rate of Bitcoin5. It not only helps to understand the potential benefit, but also daily income increase. All in all, the website is simple, but the content layout is well thought keeping in mind a user. The only thing I suggest would be reviewing and improving the mobile version where I noticed a couple of small bugs (slider element content and latest deposits).

In terms of data protection and the website script, I have two things to share. First, the Bitcoin5 admin has purchased the GeoTrust EV SSL certificate. Second, the website is built on the modified H-Script, which seems to be the reason why H-Script license checker doesn’t show that this website has a licensed H-Script. After doing some extra research on the forums about this program I found conversations where the admin or some other Bitcoin5 representative replied to people complaining about the lack of license. For those not familiar with the H-Script, it’s a business offering ready-made HYIP website scripts.

Administration of Bitcoin5 has decided to choose the approach of increasing interest rate. Basically, the interest rate will grow over the time starting 1% on the first day and reach the 5% on the 20th day. As I mentioned earlier, it’s most likely the meaning behind Bitcoin5. Sure, you will have 5% rate only for one day – the last day of the 20-day investment cycle. However, it’s possible to reach it in case you jump on the train at the right time when admins decide to run it for another 20 days. In fact, I believe it’s not only about the decisions made by admins, but also the matter of attracting new deposits to keep the money flowing and keeping the investors satisfied. I’m talking about the daily withdrawals, which I believe every investor would like to receive on time. Withdrawals in Bitcoin5 have 48 hours processing time and have a minimum of 0.002 BTC. Basically, it’s a manual withdrawal. Moreover, almost forgot to mention that the deposit is returned at the end of the investment term – after 20 days. Even though interest rates are not very generous, but the return of the deposit is still a slippery slope due to the previously mentioned cash flow. It doesn’t mean that such program can’t survive, but I see extra risk factor.

The question is how much money can be made over the term of 20 days if Bitcoin5 will last that long. Let’s say that 0.05072 BTC (approx. $195 at this moment) would be invested into this program. At the end of the investment cycle given deposit would make a profit of 0.027617 BTC, which is an increase of 54.45%. The daily average interest rate is 2,7%. It might help you compare the interest rate to other programs. Sure, if the full investment cycle is not made, then this average will be never reached. Please drop a message in the chat box, if you have made any deposits in this program over the past 47 days and completed the investment cycle.

All things considered, I would never tell you in which HYIP it’s safe to invest because I believe there are no such HYIP’s. Today I have written a review for a program, which most likely has been in a sleeper mode for some while. I see that there is a comparably low number of conversations in the forums for the program, which is 47 days old. I can say good words about easy to understand investment calculator, clear websites structure, minimalistic design and overall performance of the website. At the beginning, H-Script without the license looked bad, but most likely it happened due to the script modifications by admin. The project looks fine now with increasing interest rates, but I would call it a high-risk due to the return of the deposit at the end. All in all, it looks fine now, but nobody knows what’s going to happen tonight or tomorrow. Therefore, if you ever decide to make any investments, don’t invest more than you can afford to lose!


- Project details -

DavidNews.com investment: $400

Investment plans: 1% up to 5% daily for 20 days (daily increasing interest rate), initial deposit returned at the end of the investment term.

Payment processors: Bitcoin

Investments starting from: 0.005 BTC

Cash-out: Manual

Technical status: SECURE

  • SSL: COMODO RSA Extended Validation;
  • Hosting: DDoS Guard;
  • DDoS protection: DDoS Guard;
  • Script: H-Script;

Support: Contact form

Affiliate reward: 8-2-1%

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