First Thoughts on Bit Contract.

Bit Contract just began a “Diamond” listing on the EmilyNews monitor.  According to documentation posted on the website, Bit Contract was incorporated on May 10.  And, it went online on May 22.  So, it is a brand-new program.

The website contains a brief overview of the way Bit Contract claims to generate its revenues.  There isn’t anything I can add to it.  So, I will simply repeat it here.

We are a platform that manages the assets of our clients. All transactions between our investors are carried out using the bitcoin currency, which gives everyone: speed, security and anonymity of all transactions.
We have extensive experience in trading on global exchanges, we use specialized tools that allow us to achieve amazing results reaching up to 20% per day.
We manage assets of our investors, working almost 24 hours a day, 7 days a week, every day to allow some profits from investments and funds entrusted to us.
We trade on many levels, mainly the cryptocurrency market, but not only. When we have the right rate of growth, we also invest on traditional stock exchanges.
We use every opportunity to maximize profits, giving our investors confidence in achieving profits of 9% -13% per day.

Bit Contract offers three investment programs.  They all pay interest daily and return your investment as part of your earnings.  The gross daily interests that the plans pay are 9%, 11%, and 13%.  These are rather high and, while the investment plans will undoubtedly be very profitable, the sustainability of the overall program might be questionable.  The terms of the investment plans are 20, 30, and 40 days.  Depending on your point of view, they would probably be classed as short to medium length investment plans.  Everything is in Bitcoin and, translating the investment limits of the three plans into dollars, it looks like almost all investors will be using the lowest interest plan as you would need 2 BTC to use the two higher interest plans.  Two BTC is getting close to $20,000 and that’s a bit high for online investment — unless a company can provide verifiable proof of its history as a successful investment program.

We’ll get into the details of the Bit Contract investment plans when we review the program.  Please stand by.  The review should be ready in a few days.

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