{"id":4440,"date":"2018-07-14T04:49:53","date_gmt":"2018-07-14T04:49:53","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=4440"},"modified":"2018-11-23T18:26:11","modified_gmt":"2018-11-23T18:26:11","slug":"splitt-review-part-1","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=4440","title":{"rendered":"Splitt &#8211; Review Part 1"},"content":{"rendered":"<p><strong style=\"color: red;\">This program moved to CLOSED! Do not invest there!<\/strong><\/p>\n<p><strong>The Splitt Investment Plans.<\/strong><\/p>\n<p>In our \u201cFirst Thoughts\u201d article about the <a href=\"http:\/\/emilynews.com\/link.php?id=1200\" target=\"_blank\" rel=\"noopener\">Splitt <\/a>investment program (that you can read <a href=\"http:\/\/emilynews.com\/blog\/?p=4421\" target=\"_blank\" rel=\"noopener\">here<\/a>), we provided the following overview of the company\u2019s investment plans:<\/p>\n<blockquote><p>Investing with\u00a0<a href=\"http:\/\/emilynews.com\/link.php?id=1200\">Splitt<\/a>\u00a0is the same as investing with most HYIPs.\u00a0 The company offers three investment plans that pay interest rates which, at first glance, appear to be sensible both from the point of profitability to the investor as well as from the point of view of long-term survival of the program.\u00a0 The daily gross interest rates paid are 2.64%, 3.5%, and 4.7%, for investment plans having terms of 60, 40, and 35 days respectively.\u00a0 All of the plans repay your investment as part of your earnings.\u00a0 There are a few interesting details about the\u00a0<a href=\"http:\/\/emilynews.com\/link.php?id=1200\">Splitt<\/a>\u00a0investment plans that might have a heavy influence on the plan you choose to invest in.\u00a0 We will get into all that in our review of the program that should appear here in the\u00a0<em style=\"font-weight: inherit;\">EmilyNews<\/em>\u00a0Blog in the next day or two.\u00a0 Please stand by.<\/p><\/blockquote>\n<p>Here&#8217;s the same information (plus a few more items from the website) in tabular form.\u00a0 In addition to giving the investment limits in Bitcoin, I have also translated them into dollars &#8212; assuming that 1BTC = $6,500.\u00a0 I fully realize that this conversion is very volatile.\u00a0 However, it will at least put us in the right ballpark if we want to discuss the dollar value of the investment limits.<\/p>\n<p><strong>Dynamic Cloud Mining<\/strong><br \/>\n2.64% daily for 60 days<br \/>\n.001 \u2013 25 BTC<br \/>\n($6.5 &#8211; $162,500)<\/p>\n<p><strong>Bare Metal Simplified<\/strong><br \/>\n3.5% daily for 40 days<br \/>\n.025 \u2013 50 BTC<br \/>\n($162.5 &#8211; $325,000)<\/p>\n<p><strong>AISC Mining<\/strong><br \/>\n4.7% daily for 35 days<br \/>\n.5 \u2013 500 BTC<br \/>\n($3,250 &#8211; $3,250,000)<\/p>\n<p><a href=\"http:\/\/emilynews.com\/link.php?id=1200\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone size-full wp-image-4423\" src=\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/07\/728x90.gif\" alt=\"\" width=\"468\" height=\"auto\" \/><\/a><\/p>\n<p><strong>Analysis of the Splitt Investment Plans.<\/strong><\/p>\n<p>A discouraging thing about all these investment plans that immediately caught my eye are the high investment limits.\u00a0 Even the lowest interest investment plan has an extremely high upper investment limit of around $162,500.\u00a0 The highest interest investment plan has an obscenely high upper investment limit of over three million dollars!<\/p>\n<p>Everyone knows that HYIPs are \u201cgames\u201d (See <a href=\"http:\/\/emilynews.com\/blog\/?p=355\" target=\"_blank\" rel=\"noopener\"><em>HYIP Insights #4<\/em><\/a> for an article about this); they come and go. \u00a0We at <em>EmilyNews<\/em> always hope that a goodly number of investors will make a profit before an HYIP that we list in our monitor closes.\u00a0 Ideally, we hope that some investors will come out way ahead. \u00a0So, we do our best to provide honest and candid Reviews and also write articles in our <em>HYIP Insights<\/em> series that we hope will provide the investor with hints which will help him to be successful at this \u201cgame.\u201d\u00a0 Well, unless a person is completely crazy, he will not invest three million dollars in a game that he knows will only last for a short amount of time.\u00a0 The fact that an HYIP offers investment plans with such high limits leads a person to seriously question the integrity of the administrators of the program.\u00a0 We wrote an article about this in <a href=\"http:\/\/emilynews.com\/blog\/?p=1564\" target=\"_blank\" rel=\"noopener\"><em>HYIP Insights #14<\/em><\/a>.\u00a0 A far more tactful method of specifying a high upper investment limit is to simply say that it is \u201cunlimited.\u201d\u00a0 A number of HYIPs use that approach.<\/p>\n<p>With this as an introduction, let\u2019s first see how long it takes each of these investment plans to break even.\u00a0 This is easy to do.\u00a0 You simply divide 100% by the daily gross interest that the plan pays.\u00a0 For example, for the Dynamic Cloud Mining plan, you divide 100% by 2.64% to get around 38 days.\u00a0 If you do the same arithmetic for the other two plans, you get:<\/p>\n<p>Dynamic Cloud Mining.\u00a0\u00a0 Break even = 38 days<br \/>\nBare Metal Simplified.\u00a0 Break even = 29 days<br \/>\nAISC Mining.\u00a0 Break even = 22 days<\/p>\n<p>Next, let\u2019s take a look at the average daily net interest (DNI) that each of these investment plans pays over the term of the plan.\u00a0 As we have indicated many times in past Reviews and <em>HYIP Insights<\/em> articles, DNI is the best indicator of the profitability of an investment plan &#8212; as well as a strong indicator of the probability for long term survival of the overall program.<\/p>\n<p>We will determine the DNI for the Dynamic Cloud Mining investment plan first.\u00a0 In order to do this, you first determine the total gross interest paid by the plan which is simply the daily gross interest times the number of days in the plan.\u00a0 For this plan it comes out to 158.4% (2.44 x 60).\u00a0 Since this percent includes your initial investment, you must next subtract 100% to get the total net interest paid by the plan which, in this case, will be 58.4%.\u00a0 Finally, dividing this by 60, the number of days in the investment plan, you get the DNI.\u00a0 In this case it comes out to 0.97%.<\/p>\n<p>If you do the same arithmetic for the other two plans, you get the following results:<\/p>\n<p>Dynamic Cloud Mining.\u00a0\u00a0 DNI = 0.97%<br \/>\nBare Metal Simplified.\u00a0 DNI = 1.00%<br \/>\nAISC Mining.\u00a0 DNI = 1.84%<\/p>\n<p>Looking at these results for DNI very quickly, you see that the DNI for the first two programs is essentially the same.\u00a0 So, they are equally profitable.\u00a0 On the other hand, the DNI for the third plan is getting close to being twice as much as the DNIs for the first two plans.\u00a0 So, it is nearly twice as profitable as they are.<\/p>\n<p>It is easy to see that there are a few mysteries buried beneath the information that the website gives about these three <a href=\"http:\/\/emilynews.com\/link.php?id=1200\" target=\"_blank\" rel=\"noopener\">Splitt<\/a> investment plans.\u00a0 And, this is what we\u2019ll discuss in <a href=\"http:\/\/emilynews.com\/blog\/?p=4445\" target=\"_blank\" rel=\"noopener\">Part 2 of this Review<\/a> which will be available here in our Blog within the next day or two.\u00a0 Please stand by\u2026<\/p>\n<p><a href=\"http:\/\/emilynews.com\/link.php?id=1200\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone size-full wp-image-4423\" src=\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/07\/728x90.gif\" alt=\"\" width=\"468\" height=\"auto\" \/><\/a><\/p>\n<p>*********************************<\/p>\n<p>If one of the paying programs on our Monitor appeals to you, please support <em>EmilyNews<\/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 moved to CLOSED! Do not invest there! The Splitt Investment Plans. In our \u201cFirst Thoughts\u201d article about the Splitt investment program (that you can read here), we provided the following overview of the &hellip; <a title=\"Splitt &#8211; Review Part 1\" class=\"exalt-read-more\" href=\"https:\/\/emilynews.com\/blog\/?p=4440\"><span class=\"screen-reader-text\">Splitt &#8211; Review Part 1<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4424,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1503,1511,1508,1509,1510,1516,1514,1512,1513,1515],"class_list":["post-4440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-splitt","tag-splitt-info","tag-splitt-investment-plan","tag-splitt-investment-program","tag-splitt-news","tag-splitt-review","tag-splitt-scam-or-paying","tag-splitt-update","tag-splitt-updates","tag-splitt-co","exalt-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Splitt - 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=4440\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Splitt - Review Part 1 - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"This program moved to CLOSED! Do not invest there! The Splitt Investment Plans. 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In our \u201cFirst Thoughts\u201d article about the Splitt investment program (that you can read here), we provided the following overview of the &hellip; Splitt &#8211; Review Part 1Read more","og_url":"https:\/\/emilynews.com\/blog\/?p=4440","og_site_name":"EmilyNews","article_published_time":"2018-07-14T04:49:53+00:00","article_modified_time":"2018-11-23T18:26:11+00:00","og_image":[{"width":200,"height":200,"url":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/07\/spl.jpg","type":"image\/jpeg"}],"author":"Emilynews","twitter_card":"summary_large_image","twitter_image":"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/07\/spl.jpg","twitter_misc":{"Written by":"Emilynews","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/emilynews.com\/blog\/?p=4440","url":"https:\/\/emilynews.com\/blog\/?p=4440","name":"Splitt - Review Part 1 - EmilyNews","isPartOf":{"@id":"https:\/\/emilynews.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/emilynews.com\/blog\/?p=4440#primaryimage"},"image":{"@id":"https:\/\/emilynews.com\/blog\/?p=4440#primaryimage"},"thumbnailUrl":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/07\/spl.jpg","datePublished":"2018-07-14T04:49:53+00:00","dateModified":"2018-11-23T18:26:11+00:00","author":{"@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33"},"breadcrumb":{"@id":"https:\/\/emilynews.com\/blog\/?p=4440#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/emilynews.com\/blog\/?p=4440"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/emilynews.com\/blog\/?p=4440#primaryimage","url":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/07\/spl.jpg","contentUrl":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/07\/spl.jpg","width":200,"height":200},{"@type":"BreadcrumbList","@id":"https:\/\/emilynews.com\/blog\/?p=4440#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/emilynews.com\/blog"},{"@type":"ListItem","position":2,"name":"Splitt &#8211; 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\/4440","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=4440"}],"version-history":[{"count":0,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/media\/4424"}],"wp:attachment":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}