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Mar 13th 2007
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face it…hyip era is near its end…
Hi Soho,
I hope not! What we’ve seen is HYIPs, including autosurfs, adjust their business model when a big HYIP, like JoyFund, has a drop or when a big one folds. Some do not change, but those that do try to learn from past mistakes.
I don’t think the HYIP era is coming to an end, I chose to believe that it is evolving. Investors/players are getting smarter, which has a big impact on the evolution. Hopefully the evolution is for the better!
JMO,
Sharon
There were always a massive amounts of sites scamming and crashing each year. 2006-2007 have more crashes then all the years before.
One of the reason is that the number of fraud/scam admins have increased. The more scumbags that are online, the more vanishing acts we will see.
Secondly with the rise in popularity to trade forex, a lot of newbie, unexperienced or “sucky” traders try their luck. To get rich quick they make a nice little site and lure the investors into it. Sure they can proof they trade, they are just not good at it, but thats something you DON’T know.
90% of traders fail to perform and only 10% will make it in the long run….right! You got the point? These bad traders go down the drain.
Also hyipers become smarter and for scammers to be able to lure enough members into their site, too last as long as in the past, they need to be more professional and be smarter theirself. While in the past, a newbie scammer only had to launch a site, site back, relax and let it run…IS OVER. Nowadays scammers have to work hard for their money OR they will simply be trashed down and wont have enough people spending with them, to last an extended period of time.
I hope Arnauld will recover this situation soon. 40% is a big loss and off-course, the minimum share unit that you must purchase is at least 10 x share price. So, you may imagine you just lost 4 unit in a month.
Nah, HYIP era will never end. There will be always people looking for fast money and others who will offer them. The only thing that matters is how many of the providers will really make money for the customers and how many will scam.
Joyfunds time has come. Its old enough to scam. This is not the end of the HYIP arena, its only business-as-usual.
>> While in the past, a newbie scammer
>> only had to launch a site, site back,
>> relax and let it run…IS OVER.
>> Nowadays scammers have to work
>> hard for their money…
Yes, because there are too many competitors now on the ‘market’. They need to distance themselves from ohters to be anymore attractive. When e-Gold vanish (or is regulated) it will have a huge impact on this arena, but even that will not be the end. Its more like clean the house from one-day hyips which are runned by 16 years students.
Never ever invest in a program that says their income come from Forex trading. Don’t be fooled.
By the way, I still have not received the refund from the Udachu family.
The only sites still running these days are saying their income come from forex trading Or Real Estate. There are real once amongst them, but 99% is not.
Hello guys,
Does anyone know what’s April’s ROI? Is it up or down?