{"id":2108,"date":"2017-10-09T03:58:37","date_gmt":"2017-10-09T03:58:37","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=2108"},"modified":"2017-11-06T08:32:59","modified_gmt":"2017-11-06T08:32:59","slug":"loanbit-review-part-1","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=2108","title":{"rendered":"LoanBit &#8212; Review Part 1"},"content":{"rendered":"<p><strong style=\"color: red;\">This program has STOPPED paying! Do not invest there!<\/strong><\/p>\n<p><strong>Some Background Info.\u00a0<\/strong><\/p>\n<p>A few days ago we published a \u201cFirst Thoughts\u201d article about <a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\">LoanBit<\/a> (that you can read <a href=\"http:\/\/emilynews.com\/blog\/?p=2098\" target=\"_blank\" rel=\"noopener\">here<\/a>).\u00a0 You may recall that we were impressed with this program for a at least two reasons:<\/p>\n<ul>\n<li>They claim to generate funds by making short term loans to SMEs (small and medium-sized enterprises).\u00a0 The capital for these loans is from you, the investor.\u00a0 So, it is a nice arrangement with everyone coming out ahead: the SME who needs a loan (free of bank red tape), <a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\">LoanBit<\/a>, and you, the investor.<\/li>\n<li>The website is exceptionally well done.\u00a0 This is a sign that the company has devoted some time and money to putting it together which, in turn, would appear to indicate a commitment to a long term internet presence.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/loanbit.net\/images\/banner\/468x60.gif\" width=\"468\" height=\"60\" \/><\/a><\/p>\n<p>A unique thing about the website &#8212; neither a pro or con &#8212; is that the investor is referred to as a lender.\u00a0 Rather than making an investment with <a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\">LoanBit<\/a>, you are loaning them money (BitCoins) that are the source of funds for the loans that they make to the SMEs that are their clients.\u00a0 I hope the company will forgive me, but to put this into conventional HYIP jargon, I am going to refer to these \u201cloans\u201d as \u201cinvestments.\u201d\u00a0 That way, the newbie referring to this review is less apt to be confused.<\/p>\n<p>With that as an introduction, let\u2019s get into a discussion of the <a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\">LoanBit<\/a> investment plans.\u00a0 All business on the <a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\">LoanBit<\/a> website is conducted in BitCoin.\u00a0 We will stick to that in this review.\u00a0 However, as a point of reference, you might want to keep the rough conversion of $4,000 = 1 BTC in the back of your mind if you feel the need to convert our discussion to dollars and cents.\u00a0 Occasionally, I will do that too.<\/p>\n<p><strong>The Investment Plans.<\/strong><\/p>\n<p>As I indicated in the First Thoughts article, <a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\">LoanBit<\/a> offers four investment plans.\u00a0 All of them pay interest earnings daily and all of them return your deposit at the end of the investment plan.\u00a0 Here is the information about the four plans as given in the website.<\/p>\n<p><u>Start<\/u><br \/>\n0.01 &#8211; 0.29 BTC<br \/>\n2.0% for 7 days<br \/>\nNet Return: 14%<br \/>\nGross Return: 114%<br \/>\nLoan Auto Roll: Not available<\/p>\n<p><u>Medium<\/u><br \/>\n0.30 &#8211; 14.99 BTC<br \/>\n2.5% for 14 days<br \/>\nNet Return: 35%<br \/>\nGross Return: 135%<br \/>\nLoan Auto Roll: Not available<\/p>\n<p><u>Business<\/u><br \/>\n15.00 &#8211; 49.99 BTC<br \/>\n3.0% for 21 days<br \/>\nNet Return: 63%<br \/>\nGross Return: 163%<br \/>\nLoan Auto Roll: Available<\/p>\n<p><u>Corporate<\/u><br \/>\n50.00 &#8211; 249.99 \u0243<br \/>\n4.0% for 28 days<br \/>\nNet Return: 112%<br \/>\nGross Return: 212%<br \/>\nLoan Auto Roll: Available<\/p>\n<p>I\u2019ve added \u201cNet Return\u201d &#8212; profit &#8212; to information for each investment plan.\u00a0 \u201cGross Return\u201d includes your deposit that is returned to you at the end of the term of the investment plan.\u00a0 What the investor is interested in is how much he will make IN ADDITION TO his deposit.\u00a0 Again, this is the net return or profit.<\/p>\n<p>If you are looking at the <a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\">LoanBit<\/a> website as you read this review (which might be a good idea), you will notice that I\u2019ve removed the word \u201cloan\u201d from the information above as I want to characterize this as an investment program (like other HYIPs).\u00a0 However, I did NOT make a change to the term \u201cLoan Auto Roll.\u201d\u00a0 Perhaps I should have as this is actually a new one for me.\u00a0 Anyway, this refers to what is typically called \u201ccompounding\u201d which is the automatic addition of some or all or your earnings to your initial deposit.\u00a0 Thus, your principal can grow considerably as the days tick by.\u00a0 <a href=\"http:\/\/emilynews.com\/link.php?id=1142\">LoanBit<\/a> limits compounding to 50% of your earnings.<\/p>\n<p>With this background information out of the way, we\u2019re ready to make a detailed analysis of the <a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\">LoanBit<\/a> investment plans.\u00a0 This is what we\u2019ll get into in <a href=\"http:\/\/emilynews.com\/blog\/?p=2112\" target=\"_blank\" rel=\"noopener\">Part 2 of this review<\/a>.\u00a0 Please stand by\u2026<\/p>\n<p><a href=\"http:\/\/emilynews.com\/link.php?id=1142\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/loanbit.net\/images\/banner\/468x60.gif\" width=\"468\" height=\"60\" \/><\/a><\/p>\n<p>*********************************<\/p>\n<p>If one of the paying programs on our Monitor appeals to you, please support <em>Emily News<\/em> by registering for it on our website. Thanks very very much!<\/p>\n<p>*********************************<\/p>\n<p>Be the first to get most important HYIP news everyday!<br \/>\nSimply Follow <a href=\"https:\/\/www.facebook.com\/EmilyNewsOnline\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Facebook<\/strong><\/a>, <a href=\"https:\/\/telegram.me\/emilynews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"color: #c03939; text-decoration: underline;\">EN Telegram<\/strong><\/a>, <a href=\"https:\/\/twitter.com\/EmilyHyipNews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Twitter<\/strong><\/a><br \/>\nor Subscribe to <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"https:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=Emilynews\" target=\"_blank\" rel=\"noopener noreferrer\">EN Feedburner<\/a><\/strong> and submit your email address!<\/p>\n<p>If you like this article, please share it by using the social media buttons below.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This program has STOPPED paying! Do not invest there! Some Background Info.\u00a0 A few days ago we published a \u201cFirst Thoughts\u201d article about LoanBit (that you can read here).\u00a0 You may recall that we were &hellip; <a title=\"LoanBit &#8212; Review Part 1\" class=\"exalt-read-more\" href=\"https:\/\/emilynews.com\/blog\/?p=2108\"><span class=\"screen-reader-text\">LoanBit &#8212; Review Part 1<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[523,537,527,532,533,526,535,531,528,529,524],"class_list":["post-2108","post","type-post","status-publish","format-standard","hentry","category-reviews","tag-httpsloanbit-netreflb95463003","tag-loanbit-hyip-review","tag-loanbit-info","tag-loanbit-investment-plan","tag-loanbit-investment-program","tag-loanbit-news","tag-loanbit-review","tag-loanbit-scam-or-paying","tag-loanbit-update","tag-loanbit-updates","tag-loanbit-net","exalt-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LoanBit - Review Part 1 - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=2108\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LoanBit - Review Part 1 | loanbit.net hyip review | Fair and Fast HYIP News | EmilyNews | EN\" \/>\n<meta property=\"og:description\" content=\"This program has STOPPED paying! 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Some Background Info.\u00a0 A few days ago we published a \u201cFirst Thoughts\u201d article about LoanBit (that you can read here).\u00a0 You may recall that we were &hellip; LoanBit &#8212; Review Part 1Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/emilynews.com\/blog\/?p=2108\" \/>\n<meta property=\"og:site_name\" content=\"EmilyNews\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-09T03:58:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-11-06T08:32:59+00:00\" \/>\n<meta name=\"author\" content=\"Emilynews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"LoanBit - Review Part 1 | loanbit.net hyip review | Fair and Fast HYIP News | EmilyNews | EN\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2017\/10\/lb.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emilynews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2108\",\"url\":\"https:\/\/emilynews.com\/blog\/?p=2108\",\"name\":\"LoanBit - Review Part 1 - EmilyNews\",\"isPartOf\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2108#primaryimage\"},\"image\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2108#primaryimage\"},\"thumbnailUrl\":\"https:\/\/loanbit.net\/images\/banner\/468x60.gif\",\"datePublished\":\"2017-10-09T03:58:37+00:00\",\"dateModified\":\"2017-11-06T08:32:59+00:00\",\"author\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33\"},\"breadcrumb\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2108#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/emilynews.com\/blog\/?p=2108\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2108#primaryimage\",\"url\":\"https:\/\/loanbit.net\/images\/banner\/468x60.gif\",\"contentUrl\":\"https:\/\/loanbit.net\/images\/banner\/468x60.gif\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2108#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/emilynews.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LoanBit &#8212; Review Part 1\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/emilynews.com\/blog\/#website\",\"url\":\"https:\/\/emilynews.com\/blog\/\",\"name\":\"EmilyNews\",\"description\":\"EmilyNews Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/emilynews.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33\",\"name\":\"Emilynews\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g\",\"caption\":\"Emilynews\"},\"url\":\"https:\/\/emilynews.com\/blog\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"LoanBit - Review Part 1 - EmilyNews","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/emilynews.com\/blog\/?p=2108","og_locale":"en_US","og_type":"article","og_title":"LoanBit - Review Part 1 | loanbit.net hyip review | Fair and Fast HYIP News | EmilyNews | EN","og_description":"This program has STOPPED paying! 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Some Background Info.\u00a0 A few days ago we published a \u201cFirst Thoughts\u201d article about LoanBit (that you can read here).\u00a0 You may recall that we were &hellip; LoanBit &#8212; Review Part 1Read more","og_url":"https:\/\/emilynews.com\/blog\/?p=2108","og_site_name":"EmilyNews","article_published_time":"2017-10-09T03:58:37+00:00","article_modified_time":"2017-11-06T08:32:59+00:00","author":"Emilynews","twitter_card":"summary_large_image","twitter_title":"LoanBit - Review Part 1 | loanbit.net hyip review | Fair and Fast HYIP News | EmilyNews | EN","twitter_image":"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2017\/10\/lb.jpg","twitter_misc":{"Written by":"Emilynews","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/emilynews.com\/blog\/?p=2108","url":"https:\/\/emilynews.com\/blog\/?p=2108","name":"LoanBit - Review Part 1 - EmilyNews","isPartOf":{"@id":"https:\/\/emilynews.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/emilynews.com\/blog\/?p=2108#primaryimage"},"image":{"@id":"https:\/\/emilynews.com\/blog\/?p=2108#primaryimage"},"thumbnailUrl":"https:\/\/loanbit.net\/images\/banner\/468x60.gif","datePublished":"2017-10-09T03:58:37+00:00","dateModified":"2017-11-06T08:32:59+00:00","author":{"@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33"},"breadcrumb":{"@id":"https:\/\/emilynews.com\/blog\/?p=2108#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/emilynews.com\/blog\/?p=2108"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/emilynews.com\/blog\/?p=2108#primaryimage","url":"https:\/\/loanbit.net\/images\/banner\/468x60.gif","contentUrl":"https:\/\/loanbit.net\/images\/banner\/468x60.gif"},{"@type":"BreadcrumbList","@id":"https:\/\/emilynews.com\/blog\/?p=2108#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/emilynews.com\/blog"},{"@type":"ListItem","position":2,"name":"LoanBit &#8212; Review Part 1"}]},{"@type":"WebSite","@id":"https:\/\/emilynews.com\/blog\/#website","url":"https:\/\/emilynews.com\/blog\/","name":"EmilyNews","description":"EmilyNews Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/emilynews.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33","name":"Emilynews","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g","caption":"Emilynews"},"url":"https:\/\/emilynews.com\/blog\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/2108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2108"}],"version-history":[{"count":0,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/2108\/revisions"}],"wp:attachment":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}