This «RiskRank» metric is a general litmus test for the quality of the «Geobitarb» HYIP took in its entirety, defined by many specifications. Below is a detailed analysis and review of geobitarb.com and the results from 0 to 10 points.
geobitarb.com good quality signs:
Good hosting ensures the proper response level and excellent website access;
The website content is unique;
IP address not used by other HYIPs;
Has a licenced GoldCoders script;
geobitarb.com red flags:
Free SSL without a confidence guarantee;
Plagiarized design elements from other HYIPs;
Not featured on reputable HYIP monitoring platforms;
0.0
This project is a scam and stops paying on Dec 02, 2017.
However,
due to new regulations enforced by certain Asian country, we are
experiencing a huge surge in demand for exchanging bitcoin to fiat money
with a lot of our clients from that region looking to exit and
liquidate their bitcoin holdings in big volume.
Due to the big ticket nature of the exchanging transactions we
facilitate, many sellers are willing to sell at deep discount resulted
in very lucrative arbitrage profit from the buying end.
However,
due to limitation in our own funding, we missed out many lucrative
deals due to shortage in fund to handle such big volume deals.As a
result, we need more fundings from investors like you so that we can
joint our resources together to reap the maximum benefits from this
once-in-a-lifetime opportunity that is hard to come by.
We are
currently offering our investors hourly retruns of 0.5%-0.75% for a
period of 168 hours-240 hours (7-10 days) depending on the different
investment packages. Since we are dealing internationally, our exchnage
operations operate on 24x7 basis and as such, we can pay our investors
on hourly basis
Below are some examples of
bitcoin arbitrage opportunities available.They are screen shots of
bitcoin buying and selling prices during the same time period at various
LOCALBITCOINS.COM listings.These examples are for illustration purpose
only to show you that arbitrage opportunities existed.
For this given instance, bitcoin was available for purchase in
China at RMB21,131/btc, which based on the exchange rates provided by
Google.com, is equivalent to Euro2707, USD3226, INR206,901
respectively.The selling prices at the various localbitcoin.com
marketplaces were Euro3052 (proit 11%), USD4241(profit 24%),INR216,202
(profit 4.3%) respectively.
However, please note that our arbitrage deals are much more
lucrative than the examples illustrated here, that are NOT accessable in
common local marketplaces.Our dealings are all private arrangements in
big lump sum volume never advertised on internet exchanges.
Due to our original involvement in facilitating big ticket
bitcoin exchanges, we have private access to some big players in the
bitcoin arena and some happened to be located in China (Party A).
Now Party A would like to liquidate their Bitcoin holding
at discounted price.
However, in order to buy the Bitcoin, we must be able to
pay Chinese currency, which we need to engage Party C (Internation Trade
Co.)who wants to get money out of China but hard to do so due to
China's capital control.
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