Why are there no legitimate HYIPs?

[Amph]

they are all legit actually, if you can evade them at the exact time, they usually don't close on launch, there is a small windows where you can get profit and they get nothing from you, but it's not that easy as it seems

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[techgeek]

I forget, but if you check out the gambling section of the investors side or something, there was something called the watchers list.

That list was filled with "supposedly" legit sites that held more then 5 months, which some did. But that thread was all based on that op`s ponzis which raked a ton of bitcoin I bet.

Bottom line: dont leave money on the table, if you cant afford the loss.

[knowhow]

well the big problem here is :
when they open a new hyip the first members will roi and get profit,these will change as soon someone gets the first month is when the big deposits come....

all people wanna get double ,tripler their money,that happen to first as i mentioned who enter after pay that bill..

hyip will only be legitimate when the offer lets say 90% of banks interests,soo suppose a bank offer 3%montly to 100000 dollars soo the admin should set the interest to 2.7% montly and take the 0,3%to manage the website ,protect it and reinvest the rest for him,big problem is that is hard to find someone that hold the feeling to get such ammount in hands and allow it to return to owners with interest.


These should be the way HYIP should run with a safe place,some bank that has an ammount fixed,otherwise it wont happen,nowadays hyip that dont credit the money daily get no interest on it,if someone opens a hyip and says all money will be paid in a 1 month interest after deposit no one would support it soo is a market dead because the huge eyes that who run get and run away with others money without any regret of that.

[aso118]

Yes this is an old topic, but I want to add my 2 cents.

All of the high yield investment plans on this here chat board are all frauds BECAUSE...the morons who advertise such things here have no idea how to manage money and certainly couldn't guarantee the yields they promise any other way than through a Ponzi scheme.  Yes it is certainly possible to earn high rates of return on your money.  It just isn't going to happen by throwing your hard-earned BTC at anyone advertising here.  This board is full of cretins and idiots and scammers.  Anyone with a legitimate plan to earn a high % ROI is going to do it through legitimate channels.

High returns are one thing, impossible returns are another.
I am always skeptical when schemes promise to double your bitcoins in a few weeks / months. 

[anderson00673]

I must admit the title of this thread made me do a double take.  The problem is that in order to make the kinds of returns promised by hyip, you have to work hard.  Its perhaps possible to earn these returns sometimes, but your average person will not have the skills needed.  Most of the good investments such as hedge funds require a lot of money to join.

So I guess it depends on your capital and your risk tolerance.  Generally speaking the higher the return, the more risk you will face.

[Xialla]

legitimate HYIP

holy fuck, dude..please educate yourself little bit, read at least twice this http://en.wikipedia.org/wiki/High-yield_investment_program and this http://en.wikipedia.org/wiki/Ponzi_scheme and stop asking such dumb questions..

 

[Gervais]

Every single business following the HYIP model has turned out to be a ponzi scam.

Why are there no legitimate money trees? They're scams because they're scams. Nothing is sustainable forever and even good businessman will eventually lose money or have a failed investment. If someone was really good at their job investing they would just keep doing it themselves, but when people ask for others money that's when you know there's something up.

[Q7]

Well, if it's legitimate, then I wouldn't even consider it to be HYIP in the first place. Fact is, there is no such thing as an investment that pays so well with such a high yield usually within short time span without any concrete business plan. It's a game where the winner is decided by who gets in early and who gets out late.

[Xialla]

It's a game where the winner is decided by who gets in early and who gets out late.

It's a game if there is massive income from the starts. in todays reality, majority of newly established bitcoin ponzi vanished within 24hours without single payment, just because they are not able to attract enough people to make first payout:)

[bryant.coleman]

I have myself lost money to various HYIP schemes several times in the past. The most notable one was with Bux.to. Lost close to $600 in that scam (at that time, my two months salary). Even recently, I lost money in HYIPs. I invested some BTC30 in to LTC-Global, and it all vanished. Had I converted those coins to fiat back then, I would have had at least $25,000 with me.

[The Sceptical Chymist]

I was very unlucky with HYIPs, every time I entered in, I was too late and in the final stage of the scam...

My advice would be to stop being a spanking retard and don't enter into scams that you know are scams.  But thank you for sharing your idiocy with everyone here. There is not enough of that around this board.

[RodeoX]

I have always found investing to be a tradeoff between risk and upside potential. An actual HYIP would be an extremely risky bet with little chance of return. However if it does pay-off it is a big reward. Anything more than a tiny investment of capitol is foolish. On the opposite end of the spectrum is a low risk / low yield investment. These are safe bets that will likely pay off with a small gain. the bulk of ones wealth is better stored in this kind of investment.

Here at bitcointalk a HYIP is a scam. Ask the issuer where they are based and licensed? Mom's basement? If you are handing money over to an unlicensed and unregistered business you are not an "investor", you are a "mark".

[Pab]

Simply Hype is Ponzi scheme.If you look europe now,greece bailout,massive printing,it is in fact one big ponzi scheme

Any legal investing is also contain risk,higher return is higher risk

if you look altcoin market,with all thatshitcoins it is also kind of hype

[mrhelpful]

legitimate HYIP

holy fuck, dude..please educate yourself little bit, read at least twice this http://en.wikipedia.org/wiki/High-yield_investment_program and this http://en.wikipedia.org/wiki/Ponzi_scheme and stop asking such dumb questions..

 

Some people just need more reassurance from other peoples input lol.

Despite the obvious, they`ll still throw money at it, the recent one I saw was that "investors watch list" thread, then got vanished after 4-5 months being up.

[waterpile]

I don't know why people are adding legitimate into HYIP's. Basically there is no legit HYIP to start with coz they will eventually end up scamming people.

[EternalWingsofGod]

A real HYIP scheme would not work since it would easily become overextended when the rate of withdrawals exceeds the rate of deposits
The reason that Madoff was able to keep his running for example is because they were able to convince users to retain assets and due to its famous reputation could keep a steady inflow of new investors to pay out old ones.

That said real estate and hedge funds take advantage of chaotic environments and leverage their equity to maximize profits through trading other peoples assets so its possible for them to have great years perhaps not every year but consistently enough to get 10-15% in some years using a trading strategy.

Rent and property management is an example of this as long as the housing market remains stable there is a solid return on income from managing them, that is why their are really rich people who manage trailer parks especially from criminals etc to make a good buck.

[techgeek]

Ponzis can be in multiple forms, but theres more obvious then others.

I know its a bit off but when you go to school, youre also buying into somewhat of a ponzi since the job is never guaranteed, but has better odds then an actual scam.

[The Sceptical Chymist]

Ponzis can be in multiple forms, but theres more obvious then others.

I know its a bit off but when you go to school, youre also buying into somewhat of a ponzi since the job is never guaranteed, but has better odds then an actual scam.

No, getting an education is not a Ponzi scheme.  Apparently you wouldn't know anything about that, however.

[tee-rex]

Ponzis can be in multiple forms, but theres more obvious then others.

I know its a bit off but when you go to school, youre also buying into somewhat of a ponzi since the job is never guaranteed, but has better odds then an actual scam.

By this way, life is also a Ponzi scheme... No matter what you try, you are born to die!

[avatar_kiyoshi]

No legitimate hyip in this world, just method of scamming people.

Just invest in reasonable things, like hold bitcoin, gold, and stock.

Ponzis can be in multiple forms, but theres more obvious then others.

I know its a bit off but when you go to school, youre also buying into somewhat of a ponzi since the job is never guaranteed, but has better odds then an actual scam.

By this way, life is also a Ponzi scheme... No matter what you try, you are born to die!

LOL I like this quote