{"id":622,"date":"2017-04-03T14:38:07","date_gmt":"2017-04-03T14:38:07","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=622"},"modified":"2017-04-11T05:03:51","modified_gmt":"2017-04-11T05:03:51","slug":"bitrush-review","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=622","title":{"rendered":"BitRush — Review"},"content":{"rendered":"

This is \u00a0SCAM project already! Do not invest there anymore!<\/strong><\/p>\n

BitRush<\/a>\u00a0is something new to me and may be a foretelling of the future.\u00a0 They do all their business in Bitcoins!\u00a0 Deposits, withdrawals, everything.\u00a0 So, unless you can think in \u201cBitcoin\u201d (like thinking in a foreign language, I guess), you will be a little slow in grasping transactions going on in your account.<\/p>\n

As you might expect, the company, BitRush<\/a>, is involved with Bitcoins.\u00a0 Specifically, according to their website, they focus on Bitcoin trading on multiple exchanges and markets.\u00a0 Located in London, BitRush <\/a>claims that they are \u201calready becoming the UK’s fastest growing Bitcoin trading company.\u201d\u00a0 Like all good traders in that very volatile market, their strategy is to \u201cconstantly watch the markets and trade when Bitcoin prices are low. Once we have achieved our set goals or when the market prices rise, we begin to sell off the Bitcoins at a much higher rate.\u201d<\/p>\n

And, of course, the more capital they have to work with, the more flexibility that have on the exchanges and the more opportunity for profit.\u00a0 This is where you, the investor, fit in as a source of this investment capital for them.<\/p>\n

Right now, BitRush<\/a>\u00a0offers four investment plans.\u00a0 They all pay interest on an hourly basis and they all give you your principal back — at any time.\u00a0 There is a 5% penalty for this, however.\u00a0 But, this is a very reasonable charge — a lot more reasonable than the penalty fees of many times this that some other HYIPs charge.\u00a0 Following is a summary of the four plans (I\u2019ve added a dollar amount to the minimum investment using the approximate conversion of 1BTC = $1,000 for those of us who still can\u2019t think in Bitcoin):<\/p>\n

Getting Started (Plan 1)<\/strong>
\n0.13% hourly (3.12% daily)
\n<\/strong>Min: 0.01 BTC ($10)\u00a0 Max: 1 BTC<\/p>\n

It\u2019s Working (Plan 2)<\/strong>
\n0.15% hourly (3.60% daily)
\n<\/strong>Min: 1.001 BTC ($1,000)\u00a0 Max: 5 BTC<\/p>\n

Bitcoin Pro (Plan 3)<\/strong>
\n0.17% hourly (4.08% daily)
\n<\/strong>Min: 5.001 BTC ($5,000)\u00a0 Max: 10 BTC<\/p>\n

Bitcoin Enthusiast (Plan 4)<\/strong>
\n0.21% hourly (5.04% daily)
\n<\/strong>Min: 10.001 BTC ($10,000)\u00a0 Max: 100 BTC<\/p>\n

Looking over the investment plans, the first thing that hits you is that the interest rates are very high.\u00a0 Even the first plan, with an effective daily interest rate of 3.12%, has a very high rate.\u00a0 That\u2019s nearly 22% per week.\u00a0 So, you could probably class all these plans as short term as you will break even very quickly on all of them, usually within a month.\u00a0 Here are the break even points for each plan.\u00a0 You get these numbers by dividing 100% by the daily interest rate.<\/p>\n

Plan 1:\u00a0\u00a0\u00a0\u00a0 32 days
\nPlan 2:\u00a0\u00a0\u00a0 28 days
\nPlan 3:\u00a0\u00a0\u00a0 25 days
\nPlan 4:\u00a0\u00a0\u00a0 20 days<\/p>\n

However, since you can request your principal back at any time, you can quit the program at any time and come out ahead.\u00a0 The trick is always to decide WHEN to quit!\u00a0 If you figure that out, you will become a very rich person!<\/p>\n

OK, let\u2019s assume that you deposit $100 (excuse me; I\u2019m going to work in dollars so it is easier for everyone to understand!) in Plan 1.\u00a0 Here\u2019s a table indicating your total returns (Deposit + Total Interest \u2013 Penalty) assuming that you request your principal back after 10, 20, 30, 40, and 50 days:<\/p>\n

Daily\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total
\nInterest\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Days\u00a0\u00a0\u00a0 Interest \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Penalty\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Return<\/p>\n

3.12%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 10\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $31.20\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $5.00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $126.20
\n3.12%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 20\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $62.40\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $5.00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $157.40
\n3.12%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 30\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $93.60\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $5.00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $188.60
\n3.12%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 40\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $124.80\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $5.00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $219.80
\n3.12%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 50\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $156.00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $5.00\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $251.00<\/p>\n

Looking over these investment plans, another thing that hits you is that there is a rather large jump (100 times) for the minimum investment from the first to the second plans.\u00a0 From the second to the third, the jump is only five times and from the third to the forth, it is a mere two times.\u00a0 I suspect that this will prevent a large number of investors from making the leap to the second plan.\u00a0 However, folks with a lot of money in their pocket might be tempted to try one of the higher yield plans.\u00a0 As the chart above explains, since you get your investment back (at least 95% of it), an alternative that minimizes your risk if you are one of those larger investors, is to give yourself a very strict time limit, even a day of two.\u00a0 In the fourth plan, for example, you are earning 5% per day.\u00a0 I might be happy to get a return of 10% after two days — and then stop!<\/p>\n

For a high yield short term program such as this, another risk mitigation strategy would be to make frequent withdrawals.\u00a0 Your earnings are available on an hourly basis.\u00a0 Especially if you have a sizeable investment, it would seem to make good sense to withdraw your earnings ASAP, even on an hourly basis — for as long as you can stay awake!<\/p>\n

Withdrawals are processed instantly.\u00a0 The minimum you can withdraw is 0.0001BTC, around $1.\u00a0 I suspect that there will be a delay before you see the funds in your account as you are dealing with the Bitcoin verification process here.\u00a0 And, of course, since all transactions on the website take place in Bitcoin, it is also the only means of depositing and withdrawing funds into\/from the program.\u00a0 Good training to enable one to think in \u201cBitcoin.\u201d<\/p>\n

OK, enough about the numbers.\u00a0 If you are a recruiter, BitRush <\/a>has a satisfactory affiliate program that pays you 5% of the deposits made by people you refer to the program.\u00a0 You do not need to have an active deposit in order to receive affiliate commissions.\u00a0 You can double this to 10% if you become a \u201crepresentative.\u201d\u00a0 You have to contact BitRush <\/a>to see what the requirements are in order to become a rep.<\/p>\n

If you have questions for BitRush<\/a>, there is an email support address that you can use or the standard contact form.\u00a0 I suspect that they both go to the same place.\u00a0 I don\u2019t see a live chat button.\u00a0 That would be a nice addition to the support options.<\/p>\n

Well, that\u2019s about all I have to say about BitRush<\/a>.\u00a0 If you love Bitcoin, I think you will be attracted to this investment program!\u00a0 It\u2019s in your language!\u00a0 But, always remember that, if you choose to make an investment here, please make it a part of a diversified investment portfolio.\u00a0 And, never invest more than you can afford to lose.\u00a0 Good Luck!<\/p>\n

*********************<\/p>\n

To the Admin: We always welcome comments on our reviews \u2014 pro or con \u2014 and we will\u00a0publish them in the EN\u00a0blog.<\/p>\n

*********************<\/p>\n

Please don\u2019t forget that you can post your screenshots of payment, scam, or other proofs related to a program by clicking on the \u201cDetails\u201d button in the EN monitor.\u00a0 Also, don\u2019t forget that you can add your referral link when you post your proofs — another way to build your downline.<\/p>\n

*********************<\/p>\n

If you like this review, please share it by using the social media buttons below.<\/p>\n","protected":false},"excerpt":{"rendered":"

This is \u00a0SCAM project already! Do not invest there anymore! BitRush\u00a0is something new to me and may be a foretelling of the future.\u00a0 They do all their business in Bitcoins!\u00a0 Deposits, withdrawals, everything.\u00a0 So, unless … BitRush — Review<\/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":[27,10,5,20,21,17,18,19,30],"class_list":["post-622","post","type-post","status-publish","format-standard","hentry","category-reviews","tag-bitrush","tag-hyip","tag-hyip-review","tag-investment-plan","tag-investment-plan-review","tag-investment-program","tag-investment-program-review","tag-review","tag-scam-or-paying","exalt-entry"],"yoast_head":"\nBitRush - 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=622\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BitRush - Review - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"This is \u00a0SCAM project already! 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BitRush\u00a0is something new to me and may be a foretelling of the future.\u00a0 They do all their business in Bitcoins!\u00a0 Deposits, withdrawals, everything.\u00a0 So, unless … BitRush — ReviewRead more","og_url":"https:\/\/emilynews.com\/blog\/?p=622","og_site_name":"EmilyNews","article_published_time":"2017-04-03T14:38:07+00:00","article_modified_time":"2017-04-11T05:03:51+00:00","author":"Emilynews","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Emilynews","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/emilynews.com\/blog\/?p=622","url":"https:\/\/emilynews.com\/blog\/?p=622","name":"BitRush - Review - EmilyNews","isPartOf":{"@id":"https:\/\/emilynews.com\/blog\/#website"},"datePublished":"2017-04-03T14:38:07+00:00","dateModified":"2017-04-11T05:03:51+00:00","author":{"@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33"},"breadcrumb":{"@id":"https:\/\/emilynews.com\/blog\/?p=622#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/emilynews.com\/blog\/?p=622"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/emilynews.com\/blog\/?p=622#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/emilynews.com\/blog"},{"@type":"ListItem","position":2,"name":"BitRush — Review"}]},{"@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\/622","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=622"}],"version-history":[{"count":0,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/622\/revisions"}],"wp:attachment":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}