Times, they are a changin’, amigos. D
o you ever get the feeling that you are suddenly old, but you cannot pinpoint the moment, when you became this rotten piece of skin? I don’t mean to be too graphic, but it’s this sense of passing time, general wrinklage, as I call it, and being aware that you have no idea which song is the most popular. And when you realize that your coworkers were actually born in 1990s. But, you keep telling yourself, with age comes wisdom, right? You might not know who Candi B is, but you know stuff. And the Bible says that the price of wisdom is above rubies. I guess even the Bible needs an update nowadays, because a more appropriate saying would be, ”the price of wisdom is equal to cryptocurrency”? Sign of the times, amigos!
Bit Wisdom Savings is a fresh player in the cryptocurrency game. With a domain registered on October 6, 2017 (which expires on October 6, 2018) and COMODO RSA Domain Validation Secure Server certificate issued on October 6, 2017 (which expires on October 7, 2018), you can tell that the program is as new as it gets. As of now, there are over 300 members and the program has been online for mere 3 days. As you may have deduced, Bit Wisdom Savings is a platform that allows you to make use of your bitcoin and turn them into profit. Since the ”About Us” section of this simple website is modest, I did my work and dived into the world of Google to find out more about the program.
I must admit, amigos, all of it to no avail: the domain registry is ”WhoisGuard Protected” and nothing more can be found using the certificate. All was left for me to do is trust in the FAQ realm. According to the website’s FAQ, ”Bitcoin Wisdom Savings is a prominent representative of the international computer technologies market, BitCoin encryption algorithms and mining, it is a developer of hardware and offers safe investments in this area”. That cleared out everything for you, amigos, right?
The website is very straight-to-the-point. There are no embellishments, but the design is sufficient. Registering literally takes seconds and a member’s version of platform is equally user-friendly. The choices to invest are simple as there are three investment plans: Basic, Pro and Advanced. The differences between them lie in the principal withdrawal fee, which is 10% with Basic, 5% with Pro 5% and free of charge with Advanced, the minimum and maximum to invest (Basic: 0.001 BTC to 3.000 BTC, Pro: 3.001 BTC to 10.000 BTC, Advanced: 10.001 BTC and unlimited max), and the daily profit: 3.80%, 4.00%, 5.00% respectively. Although I’m not sure whether you earn 4.00% or 4.20% with the Pro plan, because the main page says 4.20%, while the member version says 4.00%. There is no compounding option.
The plans do not have the usual restrictions with which we are familiar. There are no business days versus normal days (the profit is accrued daily, 7 days a week, the first one happens after 24 hours), the withdrawals are automatic and you can do them anytime you want (but bear in mind the fees if you went with Basic or Pro) as long as you have more than 0.0005 BitCoin to take. Also, you can make several deposits, as there is no limit of that. To add to this laissez-faire attitude, you can open more than one account and ”your relatives” may even use the same IP. Bit Wisdom only ”strongly [recommends]” that the members ”register one account and use it for investment”, because it will ”allow to reduce load on the server and database, as well as prevent any possible problems.” As you may have also noticed, time does not seem to exist here: profits are to be generated ”daily forever”. What is interesting is that in this world of no-time and no-limits, there is also the promise of safety. The author of the FAQ section answers the question ”Can I lose money by investing here?” with ”No, you can't lose money. We make every effort to ensure the safety of your assets.” Have I just seen a unicorn?
What you should bear in mind is that when depositing your money, the process requires ”3 confirmations of network”, which takes up to 24 hours. To all the BitCoin veterans, it’s probably a known practice, but for the newbies, Bit Wisdom explains it in the following manner, ”all BitCoin operations are confirmed by a BitCoin network. Every single computer in the BitCoin network confirms your transaction, increasing the total number of confirmations. When the number of confirmations reaches a specific threshold, usually from 3 to 6, the funds appear in the recipient account. Usually, such a process takes from up to 90 minutes.” In case you need more clarification, or you are just into contacting people, you can reach Bit Wisdom Savings using only the old-school methods, that is the support form (https://bitwis.biz/?a=support) or e-mail (email@example.com).
While times might be changin’, there are no changes in the program’s affiliate system - it’s always 5% commission ”for every deposit that your direct referral makes from his BitCoin wallet”. Interestingly, you don’t need to have your own money in the system to recommend it to anybody and receive your commission. See? The rules are different with Bit Wisdom Savings. Or maybe it’s just that I’m now old and the world simply seems different.