Bitcoin Forum

thread cancelled

How about the owner? Are they being provably fair?

Stop these non sense thread. That's why it called HYIP in the first place because there is a scammed involved obviously. Where is the provably fair there? How is that possible if prior to your plan, it's already a sure scammed. I suggest to refrain posting like this.

The most famous provably fair HYIP was N9N (years ago) which was launched here on BitcoinTalk. I managed to make +2 BTC of net profit out of it, but nowadays that kind of Ponzi games won't work anymore if you were planning to set up a so called "Ponzi game".
The real working HYIPs are those backed up by real trading/gambling or multiple revenue streams and still they can collapse in case of bad periods.

More than provably fair people wants to have a publicly known ownership.
So it's easy ... just reveal your identity to public (provably) to allow users to sue you if the project collapse and that's it. No need for any provably fair shit.

But I doubt you can do that as you intentions are clearly not good (otherwise you would not ask such questions) and you are just looking how to make money using other people capital (not risking your own).

I do not know how you intend to do this, maybe if you share some information it will be easier to evaluate your idea


Hyip are ponzi schemes, they collapse.

I agree with you. Many hyip did pay the investors.

That is just the major problem because HYIP program have a long history of not paying their investors or pays some and scam others, the best scenario is the hyip program that last for 2 years before collapsing, we already know the end of an hyip program before they start which is collapse, scam and tears.

Please try another beautiful business, we shall support you.

As I said in another post that hyip is bad after my thorough understanding, the idea of provably fair hyip is also cancelled and should not be encouraged. Special thanks from the advice and information from Slow death.