HYIP = Gambling

[Watoshi-Dimobuto]

I had this though going on my mind about all the hyip websites.
All the topics being posted in gambling section and investment related ones made me reach a conclusion.

It is quite obvious but lets take it as a game itself.


Imagine a gambling system ( IMO probably fair my ... ) let you win win win and then when u go big and greedy its over in a blink of an eye.
Who could say all these complex gambling games or system coming up isn't rigged by the coders.

so back to the point,

many of the hyip website come online for a month or so, with good investment of their own to fool people for some time and when they have earn more than invested they jsut disappear.
So why dont we do it like gambling. Just have to know when to stop. read the patterns. since all these website now a days show TXID for legitimacy. i think we could maybe withdraw on the right time.


do not invest more that you are willing to lose. same concept of gambling.

Which is why HYIPs are in the Gambling board.

[1715486365]

1715486365

[Slark]

HYIP = GAMBLING = PONZI
So who be fisrt invest will be the winner  

No, it doesn't work like that. In gambling you have no idea before the game if you will lose or win. Laws of probability and honest mathematical rules (which you accept) are dictating outcome of your game.
From the other hand Ponzi creator lies to you - and promises you huge reward - no matter what will happen; which is blatant lie as late adopters always lose.

[amiryaqot]

HYIP sites has totally different concept it required investment to get earning from them it like ponzi scheme where it need more people in to keep running their system but on gambling we need luck to earn some profit so that i don't think HYIP sites any comparison with gambling.

[2012]

Both are risky and this is similarity between but hyip is just lost of money.

[eternalgloom]

HYIP = GAMBLING = PONZI
So who be fisrt invest will be the winner  

No, it doesn't work like that. In gambling you have no idea before the game if you will lose or win. Laws of probability and honest mathematical rules (which you accept) are dictating outcome of your game.
From the other hand Ponzi creator lies to you - and promises you huge reward - no matter what will happen; which is blatant lie as late adopters always lose.

Yeah I wouldn't go as far to compare a HYIP to gambling, since the owner can basically scam you at will.
There is no way to calculate the odds of when the HYIP will shutdown.

[marioantonini]

If gamling = HYIP , already bitcoin = litecoin (and doge) 

hyip boarn only for close, don't have hyip site survived for 10.-15 years, gambling (with provably fair game) is  lucky (with casinò game) and ability of player (for game with poker, black jack, ecc)

[BruceLee007]

hyip is the same thing like gambling, even on this forum investor based games (hyips) are in gambling thread, also in hyips the same like in gambling you have a possibility to loose money but you also can make money

[Supercrypt]

hyip is the same thing like gambling, even on this forum investor based games (hyips) are in gambling thread, also in hyips the same like in gambling you have a possibility to loose money but you also can make money

Yes, HYIP is nothing but an automated way of gambling. It does not require any active participation other than depositing your money. There is no highly yielding programs in this world to share profits with us, same way there is no guarantee for profit making all the times from gambling. 

[takingthis4]

i agree with you that hyip is nothing else but gambling, you cant earn a lot of money with it like with gambling and the owner always wins like a casino in gambling, thats why i dont like hyips that much

[krunox123]

You can never read the patterns of a ponzi because they are created by many different scammer.
I don't really agree with you, TBH. Because HYIP = Ponzi = Scam = Lose, and Gambling = Win or Lose. That is a big difference.

[mexxer-2]

Another thread from someone who doesn't understand Provably fair or random at all.

[bitcoinboy12]

they are different gambling is not hyip. Some of the other gambling site is not provably fair.
if you bet and make a few profit in the next bet you will still  lost in the end. If you feel that the game has been edited so its better to stop it..
But if you have a knowledge about coding you can extract the game to see the script is cheating...

[amrulshare]

Gambling with very different hyip, hyip Using System ponzi, they would go if they are profit enough. Different to the usual gambling system uses a Random Number provably fair 

[mrcashking]

It might be true to some extent if you are seeing it in a very long run and just keeping track of the money.But when you consider all the other aspects then both of them are very different and opposite at some point.

[tiggytomb]

One other difference which is quite important, hyip most of the time will have scammed users most of them new to the scene wheras gambling is not scamming people in this way. 

[busybee7]

One other difference which is quite important, hyip most of the time will have scammed users most of them new to the scene wheras gambling is not scamming people in this way. 

the possibility of turning to scam of a hyip is gambling itself, if you will be one of the first investors it wont scam you at all and you will earn money, but if you will be too late you will not manage to make anything

[ajareselde]

In a way it is like gambling,but unlike gambling sites where you can play provably fair game, with hyip you know that at some point it's
going to end up scamming users for the owners benefit. I wouldn't advise gambling that way, because you would be fueling just more
of such hyps, and even if you end up with profits, you would know how that money came from another users that ended up short handed.

[BTCevo]

One other difference which is quite important, hyip most of the time will have scammed users most of them new to the scene wheras gambling is not scamming people in this way. 

the possibility of turning to scam of a hyip is gambling itself, if you will be one of the first investors it wont scam you at all and you will earn money, but if you will be too late you will not manage to make anything

Nope that is not true. Every HYIP will scam you no matter you are in early game or not. If they think this site is already earn enough form them I think they will sure run away with it. There are no free money in this world, if you want to get money, earn them. Not to play at HYIP, this is the same as donate your money for them

[saladin7000]

In gambling you lose and win by your own hand but in HYIP they play your money

[joinal]

i think hyip not as gambling, hyip is investment