|
| Update on wealthtoolbox |
| Tuesday, January 29, 2008 |
Hi all, here's a quick update on wealthtoolbox:
| What is HiveAttack? | We are developing a new computer program designed to analyze financial markets. The goal is to create a highly advanced prediction engine that will alert us when stock or currency prices are about to move up or down.
The computing power required to reach our goal will be absolutely massive. It could take years on a very powerful super-computer, at a cost of millions of dollars.
| | That's where you come in... | In place of a super-computer, we've decided to link together tens of thousands of personal computers. Each person that joins will contribute a little to the overall processing power, but in the end, we expect to have more computing power than we could get from a super-computer.
| | Why call it HiveAttack? | Just like worker bees in a hive, each person that joins will contribute a little bit to the goal of the group. Essentially, we're swarming together to 'attack' a problem that is far bigger than any one of us could handle.
| | How it will work... | Anyone can join and contribute a bit of their computing power. Those who do will be assigned a portion of the profits as we analyze and invest in various financial markets.
As more and more people join (and contribute to the overall processing power), we expect to get closer and closer to our goal of designing a highly accurate financial market prediction engine.
Once working, we'll use it to benefit the entire group.
| | So, are you with us? | Again, undertaking a project of this scope will take massive amounts of processing power, and many people joining together. However, we believe the results will be well worth it in the end.
Our target payout date for contributor earnings is January 15, 2009...less than a year away. We need your spare computer processing power! Join now to help us reach our goal.
Oh yea, see the previous post below to join.
|
|
posted by Lazyman @ 9:27 PM   |
|
|
|
| WealthToolbox free to join if you want! |
| Sunday, January 27, 2008 |
Well, I guess I have neglected this blog for quite a long time because I am looking for better opportunities elsewhere. I think right now hyips and autosurfs are out of question. Join at your own risk... Anyway here's the idea about wealthtoolbox:
The wealthtoolbox is a managed forex trading with a free long term investment account that offers a free $100 bonus upon joining and will pay out to your PayPal account after 24 months. No risk here!
If you don’t login your account over a month, wealthtoolbox will close it and all funds within your account will be forfeited.
Just remember to check your account time to time....
|
| posted by Lazyman @ 12:37 PM |
|
|
|
| Global Pension Plan looks good? |
| Wednesday, March 14, 2007 |
I have been getting updates from GPP and the number of members are increasing, they could reach the target faster now I guess. Here's straight from the mailbox:
TIME-LINE FORECAST
Monday 12th March 2007, 0900hours GMT
Member Count: 41,224
Members joining this week: 1,403
Members who joined last week: 1,359
We forecast the time to reach 100,000: 27 weeks (September)
Available 'Compensation': €3,232,680,000
Available 'Loyalty Rewards': € 1,410,624,000
'Loyalty Rewards' earned/accrued this week: € 33,672,000
Thanks to TeamTHEMCO for providing the above data.
***********
Dear Members,
Please pay attention to this message as it contains
important information that may affect you and your
Compensation.
Short version:
If you are 27 years of age or younger,
you will now receive 110,000EUR Compensation. If
you are 28 years of age or older, you will receive
the original 55,000EUR Compensation.
Long version:
When we first planned Global Pension Plan it was
suggested that we offered a tiered compensation
structure to reflect the different premium rates
for people of different ages.
During market research, we found that we were
unable to accurately determine the average age our
membership would attract. Reports ranged from 25
years to 60 years.
Eventually we decided to stick to one compensation
structure to keep the system simple and allow us
time to calculate the average age of members
Needless to say, we erred on the side of safety
and offered only the lowest tier of compensation as
we didn't have an accurate idea of the average age
of investors - we couldn't afford to take the
chance and pay out the higher rate and then
discover we couldn't fulfil the compensation because
the average age was too high.
At this time, we have over 40,000 members and
we've found that the average age is a lot lower
than we expected - largely due to parents signing
up children. We will therefore pay out a lot
lower premiums and creating a surplus of funds.
Analysis of our demographics has shown that we can
create a tiered compensation structure as originally
planned.
We have set the cut-off age at 27 as after this,
the premiums start to increase rapidly.
The new compensation structure works like this:
If you are 27 years of age or younger at the time
of the documents are signed, you are now eligible
to receive 110,000EUR.
If you are 28 years of age or older at the time
of the documents are signed, you are eligible to
receive the original 55,000EUR.
This change in compensation structure is
effective immediately and the software will be
updated to reflect the change.
Please note, this change in compensation structure
will not effect the Loyalty Program Rewards.
Q&A:
Q. How much am I compensated when the plan matures?
A. Global Pension Plan has two tiers when it comes
to compensation.
If you are 27 years of age or younger at the time
of the documents are signed, you are now eligible
to receive 110,000EUR.
If you are 28 years of age or older at the time
of the documents are signed, you are eligible to
receive the original 55,000EUR.
The reason for the difference is due to the
lower premiums we pay for younger people. The price
sharply increases past the age of 28.
If you have any questions about this improvement
to the service we provide, please don't hesitate
to contact us.
Regards,
Stella & The Trust Partner
Seems like I will be getting 110,000EUR. Heehee...
Anyway, I am not saying you should join but just that it looks good with constant updates and stuff, maybe it's true or it's not but the risk is not much :)
Join here if you wish. |
| posted by Lazyman @ 12:15 AM |
|
|
|
| NSFG starting to look better? |
| Saturday, March 10, 2007 |
| " Good Morning Everyone, Well what could be better after a terrible start to the year than to bag a great return in the very next month, and a great return is what we have managed to achieve coming in at 19.57% for the Month of February!! Before I go into the market conditions and overview for the month I want to confirm something about withdrawals. They need to be made before the close of play of the 15th of the month. They will then be paid out AROUND THE 25TH, not bang on it!! The money needs to leave the trading account, get wired into our bank account, then get wired into the egold exchanger, who then credits our egold account and I do the transfers to your account. Because there are two wires involved it all depends on how the weekends fall as to how quickly this sorted. We have been doing this now for nearly a year and a half this way and yet people still email me on the 25th asking me where their money is. Sorry to moan but I thought I would tell you all again enmass so your aware :-) I will be sending the statements out to you tomorrow, and apologize in advance if you get a few copies of it as I sometimes have to restart the software. I have had a few emails already since the monthly result has already got out about what we add to the pot since the question was asked. Up until the last week the Pool was about an extra 1% in front of the MA's but during the last week they had a few extra positions which were stopped out which dropped them behind the MA's. We added the funds at the end of the month to build the return back up to the MA figure. 95% of the time the MA and pool has exactly the same trades on them, there are just the odd occasion where Ken adds to the Pool account position if the market conditions warrant it, sometimes this works out, sometimes it doesn't. We only do it knowing that we have the funds to back it up if it doesn't work out, so it is essentially risk free, just wanted to make you aware of what went on behind the scenes. This update is intended to give everyone a view as to how our new strategies are working. The shift from mainly trading intra-daily to mainly trading daily and intra-weekly has produced much better results as we have stronger setups with higher probability of success. We have been able to book more than + 1,000 pips in February because the setups have caught the big moves and we have quickly dropped the losing trades. I want to point out however that even though this month has been spectacular all around, it should not form a general consensus or benchmark for the future monthly results. We are still "only" working to achieve a solid + 5% gain as the monthly average and we break this down into achievable weekly targets. Our second trader Kelvin is currently trading 25% of the entire NSFG fund and has settled in during the month of February. He is getting more experienced around the BGC trading platform and both Ken and Kelvin communicate on a regular basis sharing market views and thus been able to support each other in that way. Kelvin trades more intra-daily than Ken but with a slight different approach and we both feel this is working well in conjunction with Ken's daily trades. Kelvin will continue to develop as a trader and contribute to the overall trading results in the months and years to come. We booked a 7th consecutive winning week last week using this strategy and in the coming week we will remain very risk averse and only take high probability setups on the daily time frames. By doing this we avoid risking a larger portion of the already earned profits and we can slowly start building up some profit in March so we can be a bit more aggressive when the opportunity warrants such a strategy. The coming week is looking very interesting indeed and following the carry trade liquidation at the end of last week there are some very good potential setups to be had. All in all it is looking extremely promising for the future, and as I mentioned last month, the shock of the large loss in Jan forced us to implement this method of trading which I predicted would be a price worth paying. So far it certainly has as Ken has considerably more control over the trading and when backed up by Kelvine they are performing extremely well. If we can continue trading like this, and there is no reason why we can not as there were no special circumstance last month, then we should get all our balances back to their proper levels in as short a time as possible. I do want to re-iterate though that we will continue to aim for 100 pips a week and if we get more then its a bonus, large return months such as this should not be expected by you but we are very confident of decent positive returns nonetheless. As always, if you have any questions or queries please do give me a yell, and have a great week! Paul"
That was what was found in my mailbox, I have no idea how my $30 have turned into but probably it will take quite a lot of time to recover back to the original investment amount, at least they seem like they are here to stay which is at least a good sign.
|
| posted by Lazyman @ 11:36 PM |
|
|
|
| sorry for neglecting this blog at the moment. |
| Thursday, March 08, 2007 |
Well, I guess I may be losing audience in my blog, I am thinking of converting my blog to forex blog maybe or a mix of money making opportunities but I find that I am lazy well haha...
The truth is I am not too bothered with hyips at the moment... just not safe to trust idiots who run away with your money.90% of traders lose money in forex, how about hyips? probably around there as well or more? I don't know but which is safer? I guess the answer lies with yourself, your risk assessment. I hope to catch up with some updates on my hyip programs by this weekend... cya |
| posted by Lazyman @ 7:52 PM |
|
|
|
| Ibizatraders - just a piece of junk!!! |
| Wednesday, January 31, 2007 |
Dear Investors, In spite of our efforts we unfortunately have to inform you that Ibizatraders didn’t make it. By the end of November we had to report you a big draw down. If such a draw down has to be made up during a 2 to 3 months period it is obvious we had to take substantial risks in our books. As per the end of December we positioned ourselves for a big move up in all currencies against the US$, such according to general market expectations at that moment. Surprisingly to the markets and ourselves such moves did not materialize. In fact just everything one can trade against USD went down, from currencies to commodities, from precious metals to energy. Although we had our stops somewhere down the line this couldn’t prevent us taking big losses again. The situation got desperate and we were, unfortunately forced to finish our operations. We understand that most of you are very disappointed and some even angry or frustrated. Well, so are we. I know it offers very little solace but we have been working for almost a year now on Ibizatraders (including the preparations). The undersigned also spend a lot of money and time on this project and never earned a penny neither. In fact he lost most of his savings as well in trading. Apart from the material aspect he also lost the most precious of all: his reputation, which can’t be expressed in money! If there are still disbelievers as to the honesty of this fund: a copy of the trading account activity will be sent to Bluemax of Hyip Navigator so there won’t be any doubt left as far as that is concerned. We understand that many of you might have individual questions, remarks, reproaches etc. As it will be impossible to me to answer or react on everything posted we decided to take the site down; besides it won’t help or change anything. As I do not want to be straight away unavailable for comments or questions I kindly request you to call me up on my home phone, everybody’s question will be addressed. For the few that might want to contact or warn the authorities I can only say: please do so. Ibizatraders is a legitimate fund and hasn’t anything to hide. We would gladly cooperate with any authority that contacts us. Ibizatraders went down due to losses on trading and not of stealing. Once again we would like to stress that this closure is very difficult for us and we want you to be sure we feel terrible for what went wrong after all the confidence you gave us. We won’t be active anymore in the markets, online or offline, so we retire from it. If you see sites coming up in the future using the name Ibizatraders or something similar or the undersigned name please mind it won’t be us but a fake. Sincerely.
Peter Ris
Okay, I do not want to keep rambling about this kind of program. If u want to play with forex, learn yourself, don't trust these idiots who claim to know how to earn money from forex.
After a year in hyips, all I can say is 99% of programs are bullshit... I am still staying in this game, probably have another program to introduce next week but I will keep my stakes to lesser programs.I can probably say that you should go for programs with higher interest returns, seems better with regards to those programs which promise 10% per month and fails to deliver. DD is useless, so don't bother reading any DD... hyips are short term... Putting money in other people's hand is definitely not the way to go if you want to think and grow rich this way, you are probably going to suffer. I speak this from experience... Currently, I have removed all programs I am monitoring and I am probably not going to list much programs in the future except PP01 may be opened again in march probably...
I don't know whether I will close this blog or maybe I change it to something else. If I lost in ibizatraders it would only be $250 so nothing much to complain about... would probably update my portfolio as well if time permits. Bye
|
| posted by Lazyman @ 7:32 PM |
|
|
|
|
|
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
