A Theory Regarding HYIPs

[Bitcoin_Mafia_Me]

When I decided to try out a bitcoin HYIP (that turned out to be a scam, of course), I did my initial research and saw
plenty of comments on various HYIP 'monitoring' sites that they were, indeed, paying out. After it became apparent
that I was not going to receive my withdrawal, I went back and looked at those positive comments and I realized
something...

In ALL cases, the positive reviews were generally coming from a staff member of the website itself after making a
test investment to verify the legitimacy of the HYIP before listing it.

So this particular HYIP (and probably others as well) does pay out to the HYIP monitoring site owners in order to be
listed and have initial positive reviews. After that they don't care.

[hermanhs09]

Yeah yeah,and old topic actually.
You wont make money out of hyip it is almost impossible.
Maybe depositing into those who dont have any fees for depo/wd and putting money there for 1-2 days,thats all

[Bitcoin_Mafia_Me]

Yeah yeah,and old topic actually.
You wont make money out of hyip it is almost impossible.
Maybe depositing into those who dont have any fees for depo/wd and putting money there for 1-2 days,thats all

I'm not advocating HYIPs. I've learned my lesson on that one Just saying that maybe that's how they build
up their initial facade of legitimacy.

[Slow death]

Yeah yeah,and old topic actually.
You wont make money out of hyip it is almost impossible.
Maybe depositing into those who dont have any fees for depo/wd and putting money there for 1-2 days,thats all

I'm not advocating HYIPs. I've learned my lesson on that one Just saying that maybe that's how they build
up their initial facade of legitimacy.

In fact HYIP sites make selective payments. If you pay attention, it is noted that the monitors HYIP sites state that the HYIP website turned scam if that monitor is not paid.

Even if some investor report to monitor that site X does not pay? The monitor will ignore this.

That's why today there are many HYIP monitors, because many sites pay these monitors to publicize their websites and OP monitors HYIP sites know the identity of the owners of HYIP sites.

Carbon7 for example, many owners of HYIP monitors know the real name of the website owner carbon7.

Money created greed, owners HYIP sites, Monitors and Bloggers are the only ones who make money with this system (HYIP), but make money at the expense of loss of others. Are evil people !!!

[cryptodevil]

HYIPs have been around since long before cryptocurrency, or the internet for that matter, but they generally needed a fair bit of organising to set the scam up before money could come rolling in. Asides from needing to find 'investors' (victims), they needed a payment gateway with which they could receive and, to keep the scam going, make payments. Commercial registration for bank accounts and payment processors takes time and money, so these schemes required both a 'legitimate' operational front and people who could play the 'legitimate businessmen' to front it.

Nowadays, with the advent of both the internet and cryptocurrency, any neck-beard in his mom's basement or organised criminal gang, can throw together dozens and dozens of HYIP scams at the same time, opening and closing them on a constant roll from one to the other with impunity.

These 'monitoring' sites, just like the 'cloud mining monitor' websites, are all part of the bullshit ruse to make people believe they can gamble on being able to withdraw their 'profit' before it plays its "we wuz haxxored" exit plan or, in the case of HYIPs, simply stops making any outgoing payments and disappears with whatever funds it was holding at the time.

From simple ponzi scripts which are frequently advertised for sale on this forum being used to run a bare-bones web-page 'doubler', to more audacious and carefully constructed 'investment' ponzi scams, such as 'Recyclix', the concept is always the same. It is only the size of the inevitable theft which changes.

[Amadues]

When I decided to try out a bitcoin HYIP (that turned out to be a scam, of course), I did my initial research and saw
plenty of comments on various HYIP 'monitoring' sites that they were, indeed, paying out. After it became apparent
that I was not going to receive my withdrawal, I went back and looked at those positive comments and I realized
something...

In ALL cases, the positive reviews were generally coming from a staff member of the website itself after making a
test investment to verify the legitimacy of the HYIP before listing it.

So this particular HYIP (and probably others as well) does pay out to the HYIP monitoring site owners in order to be
listed and have initial positive reviews. After that they don't care.

the last to receive a payment from an hyip is the monitor site.
There is a simple order:
- stop to pay user investment %
- stop to pay monitor hyip investment %
- stop to pay referral user tip
- stop to pay referral hyip tip

And casually the hyip is listed as scam

[ricku]

The worst place to pick an hyip for investment are those monitoring sites because scammers also creates and send as many good reviews about their services as possible, generally the hyip monitors will take in the reviews and process them based on what people are saying about the program.

[Bitcoin_Mafia_Me]

Looking for my next target to test and "out" as a scam. Any suggestions? Preferably something that does not
require a large investment to get into, as I am using my own money to do this

[Slow death]

Looking for my next target to test and "out" as a scam. Any suggestions? Preferably something that does not
require a large investment to get into, as I am using my own money to do this

 

Let me get this straight ... you want a place (site hyip) to test whether paid and to test whether the site pays you intend to invest in hyip site?

If the site pay you the first investment that you will make?

You will say that the site pays?

read this:

https://m.facebook.com/story.php?story_fbid=1102989113086858&substory_index=0&id=100001273398249

and see the comments of people on this site.

http://www.davidnews.com/2016/01/forex-king-chess.html

draw your own conclusions

[Bitcoin_Mafia_Me]

Looking for my next target to test and "out" as a scam. Any suggestions? Preferably something that does not
require a large investment to get into, as I am using my own money to do this

 

Let me get this straight ... you want a place (site hyip) to test whether paid and to test whether the site pays you intend to invest in hyip site?

If the site pay you the first investment that you will make?

You will say that the site pays?

read this:

https://m.facebook.com/story.php?story_fbid=1102989113086858&substory_index=0&id=100001273398249

and see the comments of people on this site.

http://www.davidnews.com/2016/01/forex-king-chess.html

draw your own conclusions

No I don't want a place to test it. Like I did with BTCTrust.biz, I'll use my own funds to test it. Doesn't necessarily need
to be an HYIP either. Any service is fair game. If it's a scam, it'll be outed.

[vannaria]

Looking for my next target to test and "out" as a scam. Any suggestions? Preferably something that does not
require a large investment to get into, as I am using my own money to do this

 

Let me get this straight ... you want a place (site hyip) to test whether paid and to test whether the site pays you intend to invest in hyip site?

If the site pay you the first investment that you will make?

You will say that the site pays?

read this:

https://m.facebook.com/story.php?story_fbid=1102989113086858&substory_index=0&id=100001273398249

and see the comments of people on this site.

http://www.davidnews.com/2016/01/forex-king-chess.html

draw your own conclusions

900% in 30 days?
But really people believe in this "ROI"?!

[Zadicar]

Looking for my next target to test and "out" as a scam. Any suggestions? Preferably something that does not
require a large investment to get into, as I am using my own money to do this

 

Let me get this straight ... you want a place (site hyip) to test whether paid and to test whether the site pays you intend to invest in hyip site?

If the site pay you the first investment that you will make?

You will say that the site pays?

read this:

https://m.facebook.com/story.php?story_fbid=1102989113086858&substory_index=0&id=100001273398249

and see the comments of people on this site.

http://www.davidnews.com/2016/01/forex-king-chess.html

draw your own conclusions

900% in 30 days?
But really people believe in this "ROI"?!

900% in 30 days is impossible to reach in hyip. It's too good to be true usually fly by night hyips offer 200% in 5 to 7 days other offer 3 to 6 days. They usually ran away 2 to 3 days after the operation and didn't achieve the roi. That's the sad reality on hyips

[cryptodevil]

Any service is fair game. If it's a scam, it'll be outed.

If you genuinely want to take action which will benefit the community, take on 'Coince', the 'cloud mining' ponzi scam which posts of their 'legitimacy' on their own website by way of reference to their status as a UK incorporated company. Trouble is, the share cert they have posted is complete toss, laughably so, it is *that* bad of a fail, yet people have clearly sent these criminals a lot of money in the preceding months.

Although, judging by the sudden appearance of daily duplicate bot-posts from brand-new accounts reporting supposed payouts, it does look like they are probably reaching the end of their lifespan pretty soon anyway.

What is more interesting is the fact that websites such as cointelegraph have continued to happily advertise them even when presented with the evidence of the operation being criminally fraudulent. Perhaps that is more of a worthwhile story, to expose the complicity of supposedly unbiased industry 'news' sites in helping these scams propagate.

[JasonXG]

When I decided to try out a bitcoin HYIP (that turned out to be a scam, of course), I did my initial research and saw
plenty of comments on various HYIP 'monitoring' sites that they were, indeed, paying out. After it became apparent
that I was not going to receive my withdrawal, I went back and looked at those positive comments and I realized
something...

In ALL cases, the positive reviews were generally coming from a staff member of the website itself after making a
test investment to verify the legitimacy of the HYIP before listing it.

So this particular HYIP (and probably others as well) does pay out to the HYIP monitoring site owners in order to be
listed and have initial positive reviews. After that they don't care.

They have been know to pay these so called HYIP review sites to give good reviews and say they have been paid. Some even offer ref back programmes.

[Slow death]

these people want to get rich as soon as possible so fall into these scams ... sometimes even the most skeptical fall into these scams because read comments created by false people speaking well of these sites.

Those responsible for people lose money are the people who disclose these sites.

As cryptodevil said

If you genuinely want to take action which will benefit the community, take on 'Coince', the 'cloud mining' ponzi scam which posts of their 'legitimacy' on their own website by way of reference to their status as a UK incorporated company. Trouble is, the share cert they have posted is complete toss, laughably so, it is *that* bad of a fail, yet people have clearly sent these criminals a lot of money in the preceding months.

Although, judging by the sudden appearance of daily duplicate bot-posts from brand-new accounts reporting supposed payouts, it does look like they are probably reaching the end of their lifespan pretty soon anyway.

What is more interesting is the fact that websites such as cointelegraph have continued to happily advertise them even when presented with the evidence of the operation being criminally fraudulent. Perhaps that is more of a worthwhile story, to expose the complicity of supposedly unbiased industry 'news' sites in helping these scams propagate.