Topic: 🔥🔥🔥 HYIP revolution. Gambling. 🔥🔥🔥 (Read 403 times)

Smart contract can be manipulated, it is just matrer of time when you are going to scam it or not. Lets see how well trusted people on this site. If you want to follow fomo, better not too because first their smart contract is very thick so people will really like to gamble away their money just to get that. Second, their players will have sort of strategy which can guarantee their winning but it is still based on luck too. And I do not think that it will work too on your site here

Let me tell how this thing might be scam, you just wait others to forgot about this site and OP are slowly take the winning. This is some smart way to do so like I said this is matter of time

why this hyip "owner" still not tagged?

In our case, the third party where funds are deposited is a smart contract.

We implemented this technology in August. See what Fabian Vogelsteller is saying now: https://www.coindesk.com/ethereums-token-standard-creator-wants-to-make-icos-reversible/ 

Do you think that after reading this ^^^ people will immediately start jumping in out of FOMO? Suppose some will join in the early stage, then what? Why other people should join knowing that they are already not in the privileged position? And if no one will join later, how the early investors can be sure that you will not run away with their money? Oh right, the "Escrow". You say in the ANN thread:


But can you elaborate a bit more on how exactly is this implemented? Normally Escrow funds are held by trusted third parties. Is it the case with your project?

All have been upgraded and smart-contract on Ponzi/HYIP scheme is no exception.We have seen previous similar games that do have similar concept but with have applied some contract which is a little different on classic hyip programs.
After all these years i have still see some classic HYIP sites and its being said or advised for thousands of times that we should not risk our money but there are people who do loves to keep on investing due to that kind of opportunity on making money on earliest time as possible.I have a friend which do really like to join up because of this matter, sometimes effective sometimes it doesnt.

People still invest in them though. I think it's best to argue that not all HYIPs are scams. The scammy HYIPs are the ones who don't advertise themselves as such. There is a long history of "scam HYIPs" on the forums. They disguised themselves as extremely profitable "cloud mining" services, or "exchange crypto-trading", etc.. While they're clearly ponzis.

A HYIP that does advertise itself as what it is though, I think that it's not as bad. I wouldn't invest in them myself, but at least people will know what to expect, money doesn't come from the sky, it comes from the pockets of future investors. So when people invest, they're betting their chances on not being the closure of the ponzi pyramid, fully knowing the risks.

I think the project here is half-decent if the smart-contract conditions of transaction/fund release etc.. are not modifiable down the line by the creators, otherwise it doesn't differentiate itself from the typical HYIP "scam".

I mean you started with the wrong foot here in the forum. We frown people promoting HYIP that's why you have received a lot of negative connotations about your project. Of course there are a lot of gamblers here but I don't think they will fall for this kind of trap dude. For us a HYIP is scams and no matter how you put a spin on it, its very fraudulent and we hate that going around in this community.

Thanks for the opinion. Do you like casinos? And to sports betting? And to the slot machines?

There you promise much more instant income!

The below is my take on HYIPs.

"All HYIP is a scam and never invest a single penny in HYIPs"

Be it in a smart contract or not, none of the HYIPs can be trusted, even for a moment! That technical mumbo jumbo looks great on theory but when a HYIP promises around 20% of profit within few days, it's an obvious scam!

No real world business can generate a steady stream of such revenue to pay back its investors! So it's a cash rolling business at it's core! Not to be trusted and not to be recommended!

Thank. You all say it right. We are working on articles. There will be a lot of work. But even if we do not try it, then we will begin this!

Smart contracts enable trustless transactions, because the company cannot really scam a customer, since all fund-related stuff is performed automatically. However, since ponze schemes are treated as scam, more will be needed if you don't want to get negative trust for promoting ponzis. Heck, even wikipedia defines HYIP as investment scam! Even if you want investors to tell people in advance about the risks, it doesn't change the fact that it's a scammy thing.
I get that you are trying to change the way people see HYIP and maybe you can, but you need to make a short and informative article that explains your motive and profit, the one of participants and your profit as well.

but you still do not understand the essence of what we have planned

in our project even ico is built on escrow

you carry a signature about the stakes, knowing that there are match-fixing. but that doesn't bother you

Exactly!!! You are right in everything!

A really interesting idea, it's strange why no one before you thought about such a thing, because such a project makes sense. Since I do not know of similar projects that work as openly, and which can be trusted like this.

Foreword

A century and a half, since the time of Ponzi, HYIPs served for rapid enrichment (mostly of their creators) and have always disguised themselves as some kind of idea, foundation, network marketing, etc. I found my audience. People participating in the HYIP-pyramids are well aware, for the most part, where they invest their money. But the risks do not stop them - still, because in HYIPs it is easy to increase your savings, although it is just as easy to lose.



This current has become akin to a certain gamble, where the fundamental factor for profit is how much earlier you succeeded in joining the “game”. The earlier they entered, the higher the chances of getting out of the “game” with profit.

Now there are a lot of YouTube channels, monitoring sites that monitor the performance of such hyip projects. And judging by their attendance and the collection of funds for the projects themselves, this trend is now being reborn and gaining momentum.

Nowadays, hyip on crypto currency is considered a fashionable trend - and this is not surprising - in most countries, crypto currency is still outside the framework of regulation, although it can be easily exchanged with exchangers for the money we are used to.


What are HYIP projects on smart contracts?

First you need to understand what a smart contract is?

    The smart contract comes from the English term smart contract, which translates as "smart contract." This is a self-executing computer code, which is recorded in the blockchain - a decentralized chain of blocks stored on many computers. The contract contains all the conditions of the transaction and, if the participants comply with them, automatically receive the required. The program independently verifies whether all the conditions of the transaction are fulfilled by its participants and, if so, automatically distributes the assets.



      Yes, this is all true, but we must not forget that a smart contract is a computer program and its creator, when creating a HYIP contract, can leave loopholes for itself to disrupt its work, or simply assign funds to depositors. On the other hand, now there are already quite a lot of specialists who are versed in the code of a smart contract and they vied to offer their services for auditing smart contracts (by the way, this service is not cheap at all, on average from $ 1,000 for an audit). But even here there is the possibility of a mistake, oversight or a banal forgery. Therefore, the risk of SCAM of the project due to the unscrupulousness of the creators remains high.

            

       More forward-thinking organizers of HYIP projects themselves pay for the audit and advertise it wherever they can. But in this case we should not forget that all funds invested in advertising and other ways of promotion are the funds of the depositors and the conditions for their allocation to the organizers are stated in the smart contract of the HYIP project, that is, from your funds, this commission is immediately deducted. And these deductions, at times, are very weighty: from 10% to 25% (from projects known to us). The creators disguise these fees, fees "for service", for "technical support", etc. But the smart contract does not need maintenance and support after it is posted on the blockchain network !!!

       Needless to say, the higher the% of such a commission, the less a HYIP pyramid will exist. And how much money will remain in the pockets of the organizers depends only on their greed. In addition, we should not forget that the first contributions to the project will be from the organizers and their closest associates.

      Of course, they all promise lifetime payments on deposits - but this is utopia. The pyramid always has its end in the form of the fact that those who invested unsuccessfully, namely the last who came, not only did not pay anything from the promised profit, but they will lose all that they have invested, because it is through the latter that income is paid to those who stands at the origins of the pyramid.

        As soon as the public interest in a particular project falls, and the creators no longer support the project with advertising, the project simply scam, its owners calmly forget about it and open the next one. Now all these projects are scattered, with different investment conditions and, of course, far from perfect in terms of interactivity. We believe that this type of HYIP will not last long, it will necessarily change, evolve into where depositors will have guarantees from scam, a greater opportunity to choose investment tools (like bank deposits) and of course the convenience and attractiveness of the interface.

THEME


  We believe that this type of HYIP (separate smart contract) will not last long,
 it will necessarily change, evolve into where depositors will have guarantees from scam,
 a great opportunity to choose investment tools (as well as bank deposits) and
 of course convenience and the attractiveness of the interface.

    We do not in the least doubt that HYIP projects have a great future. In order for it to be universally accepted, projects need to be reborn and the technology of the blockchain with smart contracts will contribute to this as well as possible.

   The HYIP PROJECT project was created just for this purpose - to revolutionize the market for HYIP projects. This is an interactive platform on the Ethereum blockchain, on which unique, what have not yet been based, HYIP-projects, diverse in their execution and content, are based, with their turnaround utility token, where the user, and only he, manages his funds and accounts from his personal account, access by outsiders is minimized.

              

 What offers HYIP PROJECT to users:

·      Transparency and openness of the entire platform

·      Not mislead users, but rather openly and fully describe the work of each project and the risks associated with investing in it

·      Completely new, unique, interactive HYIP-projects

·      A wide variety of tariff plans, including those where the user can withdraw his deposit at any time (this is not practiced in current projects)

·      Multilingual chat rooms and maximum user interaction between themselves and the platform. the broadest, constant advertising support for projects, not to mention the fact that the launch of the platform itself will provoke a stir

·      The development team is always motivated to support and improve the operation of the platform, as everyone is its shareholder

In other words, on the basis of the platform will be implemented a social network that brings together enthusiastic people.

Similarly, current HYIP projects, like those games 20 years ago, need to be reborn. Reincarnation, both visually and in relation to their reliability for the user. Moreover, HYIP PROJECT now holds ICO, where absolutely everyone can become a co-owner of the platform and receive dividends from its operation.

We will make HYIPs gambling!!!