{"id":2620,"date":"2017-12-05T04:34:02","date_gmt":"2017-12-05T04:34:02","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=2620"},"modified":"2017-12-05T04:34:02","modified_gmt":"2017-12-05T04:34:02","slug":"news-commentary-240-colobit-first-thoughts","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=2620","title":{"rendered":"News Commentary #240 &#8212; Colobit First Thoughts"},"content":{"rendered":"<p><strong>First Thoughts on Colobit.<\/strong><\/p>\n<p>We just began a listing for <a href=\"http:\/\/emilynews.com\/link.php?id=1156\" target=\"_blank\" rel=\"noopener\">Colobit <\/a>on the <em>Emily News<\/em> Monitor.\u00a0 <a href=\"http:\/\/emilynews.com\/link.php?id=1156\" target=\"_blank\" rel=\"noopener\">Colobit <\/a>launched its online program on September 2, almost exactly three months ago.\u00a0 They claim to have over 20,000 account holders (I\u2019m not sure if they all have active deposits) and to have received over 400 BTC in deposits. \u00a0Right now, that\u2019s equivalent to over four million dollars!\u00a0 So, the company is doing extremely well.<\/p>\n<p>Like many other online investment programs, <a href=\"http:\/\/emilynews.com\/link.php?id=1156\" target=\"_blank\" rel=\"noopener\">Colobit <\/a>is involved with cryptocurrency trading.\u00a0 However, they have added an additional twist to this.\u00a0 Their trading is done \u201cvia arbitrage.\u201d\u00a0 Now, that might not mean anything to you at all.\u00a0 We most often hear the term, \u201carbitrage,\u201d used with respect to betting on the outcome of certain events &#8212; like who will win or lose a football game.\u00a0 The idea is to place bets with DIFFERENT bookmakers such that, no matter who wins the event, you come out ahead.\u00a0 This is called a \u201csure bet.\u201d\u00a0 In the past, there have been a number of highly successful HYIPs that claimed to be involved with this sort of business.\u00a0 I think that the idea behind using arbitrage with crypto currency trading is that different exchanges will post different exchange rates for certain cryptocurrency pairs.\u00a0 By making simultaneous trades of mathematically determined amounts on the different exchanges, you will come out ahead whether the currency pair increases or decreases in value.\u00a0 At least, that\u2019s my take on how this works right now.\u00a0 I will do some homework on this and, when I do the review of the program, will make corrections to this if necessary.\u00a0 The point is that Colobit is approaching this business of cryptocurrency trading from a whole new angle.\u00a0 They are treating it as GAMBLING and are placing their bets in a mathematically determined way such that &#8212; at least theoretically &#8212; they can\u2019t lose.\u00a0 I like it\u2026<\/p>\n<p><a href=\"http:\/\/emilynews.com\/link.php?id=1156\" target=\"_blank\" rel=\"noopener\">Colobit <\/a>offers a variety of investment plan types.\u00a0 It looks to me like they are trying to appeal to investors having different types of personalities.\u00a0 However, there is certainly nothing wrong with that.\u00a0 The first plan pays you 115% of your investment after 15 calendar days.\u00a0 The second pays you 0.21% hourly for 40 business days.\u00a0 And, the third and final plan pays you 120% per month for three months.\u00a0 All of the plans have a minimum investment of 0.003 BTC and a maximum of 50 BTC.\u00a0 As you might have guessed, your return is included in your earnings for all of the plans.\u00a0 Owing to the great variety in the <a href=\"http:\/\/emilynews.com\/link.php?id=1156\" target=\"_blank\" rel=\"noopener\">Colobit <\/a>investment plans, it is probably not clear which plan is the most profitable.\u00a0 When we review the program &#8212; which will be in the next day of two &#8212; we will answer that question as well as take a look at a number of other features of the program.<\/p>\n<p><a href=\"http:\/\/emilynews.com\/link.php?id=1156\" target=\"_blank\" rel=\"noopener\">Colobit <\/a>appears to be a very unique program.\u00a0 Stay tuned for more information about it when we do a complete review\u2026<\/p>\n<p><a href=\"http:\/\/emilynews.com\/link.php?id=1156\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/colobit.biz\/styles\/images\/468x60\/nano.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>First Thoughts on Colobit. We just began a listing for Colobit on the Emily News Monitor.\u00a0 Colobit launched its online program on September 2, almost exactly three months ago.\u00a0 They claim to have over 20,000 &hellip; <a title=\"News Commentary #240 &#8212; Colobit First Thoughts\" class=\"exalt-read-more\" href=\"https:\/\/emilynews.com\/blog\/?p=2620\"><span class=\"screen-reader-text\">News Commentary #240 &#8212; Colobit First Thoughts<\/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":[6],"tags":[743,735,738,744,736,737,739,742,740,741,734,733],"class_list":["post-2620","post","type-post","status-publish","format-standard","hentry","category-information","tag-colobit","tag-colobit-first-thoughts","tag-colobit-info","tag-colobit-introduction","tag-colobit-investment-plan","tag-colobit-investment-program","tag-colobit-news","tag-colobit-scam-or-paying","tag-colobit-update","tag-colobit-updates","tag-colobit-biz","tag-httpscolobit-bizrefemilynews","exalt-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>News Commentary #240 - Colobit First Thoughts - 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=2620\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Colobit First Thoughts | FAIR and FAST HYIP News | EmilyNews | EN\" \/>\n<meta property=\"og:description\" content=\"First Thoughts on Colobit. We just began a listing for Colobit on the Emily News Monitor.\u00a0 Colobit launched its online program on September 2, almost exactly three months ago.\u00a0 They claim to have over 20,000 &hellip; News Commentary #240 &#8212; Colobit First ThoughtsRead more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/emilynews.com\/blog\/?p=2620\" \/>\n<meta property=\"og:site_name\" content=\"EmilyNews\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-05T04:34:02+00:00\" \/>\n<meta name=\"author\" content=\"Emilynews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Colobit First Thoughts | FAIR and FAST HYIP News | EmilyNews | EN\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2017\/12\/colorbit.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=2620\",\"url\":\"https:\/\/emilynews.com\/blog\/?p=2620\",\"name\":\"News Commentary #240 - Colobit First Thoughts - EmilyNews\",\"isPartOf\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2620#primaryimage\"},\"image\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2620#primaryimage\"},\"thumbnailUrl\":\"https:\/\/colobit.biz\/styles\/images\/468x60\/nano.gif\",\"datePublished\":\"2017-12-05T04:34:02+00:00\",\"dateModified\":\"2017-12-05T04:34:02+00:00\",\"author\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33\"},\"breadcrumb\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2620#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/emilynews.com\/blog\/?p=2620\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2620#primaryimage\",\"url\":\"https:\/\/colobit.biz\/styles\/images\/468x60\/nano.gif\",\"contentUrl\":\"https:\/\/colobit.biz\/styles\/images\/468x60\/nano.gif\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=2620#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/emilynews.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News Commentary #240 &#8212; Colobit First Thoughts\"}]},{\"@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":"News Commentary #240 - Colobit First Thoughts - 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=2620","og_locale":"en_US","og_type":"article","og_title":"Colobit First Thoughts | FAIR and FAST HYIP News | EmilyNews | EN","og_description":"First Thoughts on Colobit. 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