{"id":2846,"date":"2018-01-02T04:59:19","date_gmt":"2018-01-02T04:59:19","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=2846"},"modified":"2018-01-26T19:50:52","modified_gmt":"2018-01-26T19:50:52","slug":"bitsequence-review","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=2846","title":{"rendered":"BitSequence — Review"},"content":{"rendered":"

This program has STOPPED paying! Do not invest there!<\/strong><\/p>\n

The BitSequence Investment Plan.<\/strong><\/p>\n

In our recent \u201cFirst Thoughts\u201d article about BitSequence<\/a>, I noted that a feature of the BitSequence<\/a> program that appealed to me is its simplicity; everything about it is very easy to understand.\u00a0 The most important thing about an investment program are the investment plans that it offers and here is an area where BitSequence <\/a>really excels.\u00a0 They only offer ONE investment plan and you can describe it in a single sentence!\u00a0 “For a minimum investment of $10, you will earn 3% interest every calendar day — forever.”\u00a0 That\u2019s it!<\/p>\n

<\/a><\/p>\n

Let\u2019s look a little more closely at this plan now.\u00a0 First of all, it\u2019s probably understood that your investment is returned to you as part of your earnings.\u00a0 So, you will break even in around 34 days (divide 100% by the 3% per day to get this).\u00a0 This is around one month — which is pretty fast<\/p>\n

It\u2019s a bit trickier to determine exactly how profitable the plan is.\u00a0 Remember, that in order to determine profitability, we need two pieces of information: the interest rate that the plan pays plus the length of the plan.\u00a0 Well, even though we would like to think that the plan is truly perpetual, the reality of the situation is that, like other perpetual investment plans in the past, this one will end as well.\u00a0 And, obviously, the investment plan will end when BitSequence <\/a>ultimately closes its doors.\u00a0 But, will this be one month from now or one year?\u00a0 Or longer?\u00a0 Who knows?\u00a0 So, let\u2019s take a look at how profitable the program will be for a number of different scenarios\u2026<\/p>\n

OK, we found out that the program breaks even in a month or so.\u00a0 Let\u2019s suppose that BitSequence <\/a>closes its doors in two months, after 60 days.\u00a0 What is the average daily profit that you will make in this situation?\u00a0 In this case, for the 60-day period, your total gross profit will be 60 times the gross interest of 3% per day or 180%.\u00a0 Subtracting 100% from this because this includes your investment, you get a total net profit of 80%.\u00a0 Averaging this out over the 60-day period, you get a daily net interest or DNI of 1.33% (80\/60).\u00a0 If you repeat this arithmetic for 30 day intervals over a three-year period, you would get the following results:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Days<\/td>\nDNI<\/td>\n<\/tr>\n
60<\/td>\n1.33<\/td>\n<\/tr>\n
90<\/td>\n1.89<\/td>\n<\/tr>\n
120<\/td>\n2.17<\/td>\n<\/tr>\n
150<\/td>\n2.33<\/td>\n<\/tr>\n
180<\/td>\n2.44<\/td>\n<\/tr>\n
210<\/td>\n2.52<\/td>\n<\/tr>\n
240<\/td>\n2.58<\/td>\n<\/tr>\n
270<\/td>\n2.63<\/td>\n<\/tr>\n
300<\/td>\n2.67<\/td>\n<\/tr>\n
330<\/td>\n2.70<\/td>\n<\/tr>\n
360<\/td>\n2.72<\/td>\n<\/tr>\n
390<\/td>\n2.74<\/td>\n<\/tr>\n
420<\/td>\n2.76<\/td>\n<\/tr>\n
450<\/td>\n2.78<\/td>\n<\/tr>\n
480<\/td>\n2.79<\/td>\n<\/tr>\n
510<\/td>\n2.80<\/td>\n<\/tr>\n
540<\/td>\n2.81<\/td>\n<\/tr>\n
570<\/td>\n2.82<\/td>\n<\/tr>\n
600<\/td>\n2.83<\/td>\n<\/tr>\n
630<\/td>\n2.84<\/td>\n<\/tr>\n
660<\/td>\n2.85<\/td>\n<\/tr>\n
690<\/td>\n2.86<\/td>\n<\/tr>\n
720<\/td>\n2.86<\/td>\n<\/tr>\n
750<\/td>\n2.87<\/td>\n<\/tr>\n
780<\/td>\n2.87<\/td>\n<\/tr>\n
810<\/td>\n2.88<\/td>\n<\/tr>\n
840<\/td>\n2.88<\/td>\n<\/tr>\n
870<\/td>\n2.89<\/td>\n<\/tr>\n
900<\/td>\n2.89<\/td>\n<\/tr>\n
930<\/td>\n2.89<\/td>\n<\/tr>\n
960<\/td>\n2.90<\/td>\n<\/tr>\n
990<\/td>\n2.90<\/td>\n<\/tr>\n
1020<\/td>\n2.90<\/td>\n<\/tr>\n
1050<\/td>\n2.90<\/td>\n<\/tr>\n
1080<\/td>\n2.91<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

This is interesting because you can see that, as time goes by, the DNI gradually approaches the gross interest that the investment plan pays.\u00a0 In fact, after only a year or so (around 360 days), you are already getting pretty close to it with a DNI of 2.72%.\u00a0 \u00a0Well, is all this good or bad?\u00a0 On one hand, a person wants to make as much money as possible from an investment program.\u00a0 On the other, the higher the interest that a plan pays, the more difficult it will be for the company to continue to make interest payments.\u00a0 Perpetual plans, such as this one, have an additional handicap in that they must keep paying every investor FOREVER since the plans have no \u201cexpiration date.\u201d\u00a0 In HYIP Insights #12 (that you can read here), we suggested that programs offering investment plans with a DNI over 2% might not be sustainable in the long term.\u00a0 So, this calls into question the sustainability of the BitSequence <\/a>program.\u00a0 However, we must admit that 2% is only our educated guess on this.\u00a0 It\u2019s quite possible that, with a really smart trading strategy, the folks at BitSequence <\/a>will do much better than we expect.\u00a0 And, nothing would make us happier!<\/p>\n

Other Features of the BitSequence Program.<\/strong><\/p>\n

At present, BitSequence <\/a>uses the following payment processors: Advcash, Payeer, PerfectMoney, and Bitcoin.\u00a0 The minimum deposit is $10.\u00a0 Deposits from e-currency wallets are instant.\u00a0 Deposits with Bitcoin must wait on the confirmation process.<\/p>\n

The minimum withdrawal is $1 for e-currencies and $100 for Bitcoin (owing to the high transaction costs).\u00a0 Withdrawals are processed within 12 hours.<\/p>\n

BitSequence <\/a>has an unusual referral program.\u00a0 First of all, it pays 5% of the deposits of a person\u2019s direct referrals.\u00a0 On top of this it pays 10% commission on the earnings of a person\u2019s direct referrals.\u00a0 This is a small amount but commissions on earnings are paid over and over again — in contrast with commissions on deposits which are usually a one-shot thing.\u00a0 Finally, BitSequence <\/a>has what is called a Leadership Bonus.\u00a0 This is a bonus you receive based on the total deposits of all your direct referrals.\u00a0 For example, if these total deposits reach $1,000, you receive a bonus of $50.\u00a0 When they reach $2,500, you receive a second bonus of $150.\u00a0 There are six such steps, the final one being a bonus of $5,000 when the total of your direct referrals\u2019 deposits reaches $50,000.\u00a0 The last few bonuses will be hard to earn.\u00a0 However, some of the lesser bonuses are definitely attainable.<\/p>\n

Support from BitSequence <\/a>seems like it should be very good.\u00a0 As I write this, live chat comes on asking me if I have any questions.\u00a0 There is also an email support address, not to mention a UK phone number.<\/p>\n

To sum all this up, I will again note the attractiveness of the BitSequence <\/a>program from the point of view of its simplicity.\u00a0 No effort is made by the admin to cloud over the details of how the program operates (as appears to be the case with many HYIPs).\u00a0 The interest paid by the program is more than satisfactory.\u00a0 It might even be a little too high for the program to sustain in the long term.\u00a0 However, with some really sharp trading and wise management of the program by the admin and his staff, I would say that this program might still turn out to be one of the long-term survivors for 2018.\u00a0 Indeed, so far, it looks like the program is doing extremely well.\u00a0 Let\u2019s hope this is an indicator of future long-term success. \u00a0So, if the approach of this program is your cup of tea, you might want to seriously consider making an investment with BitSequence<\/a>.\u00a0 As always, we advise that you make your investment a part of a diversified portfolio.\u00a0 And, do your due diligence and never invest more than you can afford to lose.\u00a0 Good Luck!<\/p>\n

<\/a><\/p>\n

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This program has STOPPED paying! Do not invest there! The BitSequence Investment Plan. In our recent \u201cFirst Thoughts\u201d article about BitSequence, I noted that a feature of the BitSequence program that appealed to me is … BitSequence — Review<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2844,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[809,817,813,814,816,822,815,818,819,820,821],"class_list":["post-2846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-bitsequence","tag-bitsequence-info","tag-bitsequence-investment-plan","tag-bitsequence-investment-program","tag-bitsequence-news","tag-bitsequence-review","tag-bitsequence-scam-or-paying","tag-bitsequence-update","tag-bitsequence-updates","tag-bitsequence-biz","tag-httpswww-bitsequence-bizen","exalt-entry"],"yoast_head":"\nBitSequence - Review - 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=2846\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BitSequence - Review | FAIR and FAST HYIP News | EmilyNews | EN\" \/>\n<meta property=\"og:description\" content=\"This program has STOPPED paying! 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