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Around 99.99% of all HYIPs open to the public on the internet and other sources are nothing but blatant ponzis. Around 50-100 are sometimes started in a single day, and you'd be extremely lucky to pick just one out of that 50-100 that was legitimately investing in something worthwhile as opposed to the basic, illegal "rob Peter to pay Paul" method.Due to the release of "Goldcoders" and other similar uniform HYIP scripts, even an 8-year old can create his own HYIP within minutes. Most of the HYIPs started on a daily basis are just a dull copy of some cheap script, and will "die" within 2-4 weeks, which essentially means that the scamming Admin runs with all their victim's money.There are 3 main types of HYIP programs:1. Blatant (AKA "Naked" or "obvious") Ponzis-Usually have one or more of the following characteristics: Poor website design and/or quality, uniform database from a common script, ridiculous high rates ranging anywhere from 5-10% ROI in one day or even 1000% in one day, and little to no information about how financial gains are accumulated.It is also worth mentioning that most blatant ponzis are run by "Serial Scammers:" People who create new ponzi HYIPs every month- sometimes even every week- just to steal a few bucks here and there.2. Long-term Ponzis-These programs may or may not have one or more of the characteristics described earlier; however, if so, they are usually not obvious or revealed until the end of the game. Long-term ponzis may last as long as a couple months or even a few years. They can usually accredit their impressive lifespan to: A unique theme and marketing concept, strong support team, somewhat lower and reasonable investment returns (especially compared to blatant ponzis), exponential outreach through a respectable and motivating referral program, and a growing sense of infallibility and blind faith (ultimately resulting from individual greed) among the specific HYIP's community.Some of these programs grow so wide and popular that they are well remembered by the HYIP industry, in which their info can be fully researched online. Some examples would include: PIPS, Studiotraffic, 12DailyPro, AlienTrust, SolidInvestment, CEP (ColonEndParentheses), Tri-Star Media, A3Union, M-Investment3. Legitimate-It is very- and I stress- VERY rare to come across a legitimate HYIP. And when I say legitimate, I imply that the administrator or acting President/CEO has proven that 100% of returns are yielded through real company profits, investing, trading, or a combination of the three. Most of time when an "investor" believes he has discovered a Legitimate HYIP, he has only joined the supporting crowd of a Long-term Ponzi. Most, if not all Long-term ponzis originally come across as Legitimate programs and fool their members into believing the same.Be forewarned: Unless a HYIP can demonstrate and prove that it deserves to be classified as "Legitimate," it is always far wiser for your own sake and the sake of others to assume you are merely playing a "Long-term Ponzi." In the world of business and investing, the burden of proof lies with the company; NOT the participants. And be forewarned that common, poor logic about "proof" is littered across the internet. Reasons such as "The admin seems so honest and reliable" , "It has been successfully paying me for a long time" , "Our numbers are growing larger and larger" are NOT acceptable arguments by themselves to prove that a program deserves to be classified as a Legitimate HYIP.Whether you plan to participate in long-term HYIPs or gamble in short-term, blatant ponzis, please remember that golden rule: Never invest more than you can afford to lose!!!I cannot stress this point enough! I'm amazed at some of the reckless testimonies I've read about people maxing out their credit cards and even mortgaging their homes for cold cash just in order to participate in the HYIP industry. When the programs collapsed, most of these foolish individuals suffered terrible financial consequences, along with extreme embarrasment from their friends, family and colleagues. Please do not let this happen to you.
Around 99.99% of all HYIPs open to the public on the internet and other sources are nothing but blatant ponzis.
Around 50-100 are sometimes started in a single day, and you'd be extremely lucky to pick just one out of that 50-100 that was legitimately investing in something worthwhile as opposed to the basic, illegal "rob Peter to pay Paul" method.
even an 8-year old can create his own HYIP within minutes.
Most of the HYIPs started on a daily basis are just a dull copy of some cheap script, and will "die" within 2-4 weeks, which essentially means that the scamming Admin runs with all their victim's money.
Usually have one or more of the following characteristics: Poor website design and/or quality, uniform database from a common script, ridiculous high rates ranging anywhere from 5-10% ROI in one day or even 1000% in one day, and little to no information about how financial gains are accumulated.
It is also worth mentioning that most blatant ponzis are run by "Serial Scammers:" People who create new ponzi HYIPs every month- sometimes even every week- just to steal a few bucks here and there.
2. Long-term Ponzis-These programs may or may not have one or more of the characteristics described earlier; however, if so, they are usually not obvious or revealed until the end of the game. Long-term ponzis may last as long as a couple months or even a few years. They can usually accredit their impressive lifespan to: A unique theme and marketing concept, strong support team, somewhat lower and reasonable investment returns (especially compared to blatant ponzis), exponential outreach through a respectable and motivating referral program, and a growing sense of infallibility and blind faith (ultimately resulting from individual greed) among the specific HYIP's community.
Some of these programs grow so wide and popular that they are well remembered by the HYIP industry, in which their info can be fully researched online. Some examples would include: PIPS, Studiotraffic, 12DailyPro, AlienTrust, SolidInvestment, CEP (ColonEndParentheses), Tri-Star Media, A3Union, M-Investment
Reasons such as "The admin seems so honest and reliable" , "It has been successfully paying me for a long time" , "Our numbers are growing larger and larger" are NOT acceptable arguments by themselves to prove that a program deserves to be classified as a Legitimate HYIP.
Whether you plan to participate in long-term HYIPs or gamble in short-term, blatant ponzis, please remember that golden rule: Never invest more than you can afford to lose!!!
I cannot stress this point enough! I'm amazed at some of the reckless testimonies I've read about people maxing out their credit cards and even mortgaging their homes for cold cash just in order to participate in the HYIP industry. When the programs collapsed, most of these foolish individuals suffered terrible financial consequences, along with extreme embarrasment from their friends, family and colleagues. Please do not let this happen to you.
Quote from: Rich Greenback, quoting that HYIP e-book which I don't know where he got it from, please pass me a copy, but an ilegal one, ok? on May 16, 2008, 12:40:44 PMIt is also worth mentioning that most blatant ponzis are run by "Serial Scammers:" People who create new ponzi HYIPs every month- sometimes even every week- just to steal a few bucks here and there.Yeah, multi-site-owners, there are some individuals who do the same, and I don't want to mention them, I mean, I don't want to mention Ronnie.
wow thats really sad when all attributes of HYIP industry can now apply to all bux sites perfectly
not exactly what i pictured buxtards to look like i honestly dont think tri is that cute
Yes, I couldn't see Tri as a girl ... although he does act like one sometimes.
