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Topic: What is HYIP ? explain to a novice, please - page 2. (Read 1744 times)

hero member
Activity: 602
Merit: 500
hyperboria - next internet
January 01, 2015, 04:10:02 PM
#12

In this topic, I saw a lot of online casinos and so called HYIPs that offer auchenharvie
interest on my small bitcoins ...   Smiley

casino I understand, but explain, please, HYIPs is totally cheating or I have a chance to
get my money back with a profit yet ?

thanks

HYper Investment Project.

HYIP is something you should stay away from =)

Ponzi scheme. Too good to be true, etc. ALL OF THEM ARE SCAMS.


Remember, all of HYIPs are scams!
legendary
Activity: 1232
Merit: 1014
FPV Drone Pilot
January 01, 2015, 03:08:40 PM
#11
The word / acronym "HYIP" is itself marketing language for the tried and true ponzi scheme.

I don't think you can show me one "High yield interest program" that has not been a scam, and if there is one to cite it would be a severe outlier.

calling it an HYIP is of course much better than saying "Hi, I'm running a scam where new investors pay out old investors, and I just shovel bullshit down your throat until you think I really have some magic underlying business that prints money and I'm stupid enough to share the revenue stream with you, the random asshole on the internet"

The way to debunk them is simple:

-- Ask the HYIP scammer what his underlying business to generate all these funds are
-- he will say arbitrage, currency trading, options trading, something trading or quickly in and out of things. 
-- you ask "why do you need my money if you have a money-making machine?"
-- insert very weak response from him that likely won't sit well with you.

But, there is another component: there exists players who know very well these are all scams, but try to game them and get in and out before they collapse

-- this leads to more liquidity for the scams
-- this leads to provable payout transactions and happy users reporting profits
-- and eventually saturation happens, i.e. there are too many current investors owed profits and not enough new investors to cover, then the "HYIP" claims they have been hacked / scammed / or lost a risky play / or just disappears

Wash, rinse, repeat under many different laughable pretenses, with many different currencies, and the fact that this bullshit is still allowed to be called "gambling" reflect that the mods of this important forum don't care much for categorizing properly (I believe there should be an HYIP section, in no way connected to gambling.  Hey, freedom is allowing speech I don't personally like) and IMO the guys that run this forum care only about dat ad revenue stream, now in the 1000's of coins.

legendary
Activity: 1974
Merit: 1003
January 01, 2015, 01:29:45 PM
#10
u can try google.com  Wink
legendary
Activity: 924
Merit: 1002
January 01, 2015, 09:43:50 AM
#9

In this topic, I saw a lot of online casinos and so called HYIPs that offer auchenharvie
interest on my small bitcoins ...   Smiley

casino I understand, but explain, please, HYIPs is totally cheating or I have a chance to
get my money back with a profit yet ?

thanks

It does not matter how do you call it at the end you loose.

Most important is put a question itself before investing. Does it sound nice, big profit... easy money?

If answer is yes then stay away.

The only difference between ponzi, scam or HYIP is a way how it's introducing and try to get you and your money.
full member
Activity: 168
Merit: 100
January 01, 2015, 05:47:15 AM
#8

bitbaby, El Emperador, adjiadjo
thank you all for your answers and help

Happy New Year guys ... profit you all

Quote
my other opinions : just avoid HYIP no matter what they offer

if I understood correctly - all opinions converge, do not try any investment in any HYIP ,
it is always a waste of money, we should not even try to get a big piece of
blueberry pie investing half a measure flour ...  Smiley

but as HYIPs are attractive ...  Roll Eyes


legendary
Activity: 1218
Merit: 1038
January 01, 2015, 05:04:15 AM
#7
my point is , invest what you willing to lose.
its all in grey area.
maybe you'll get lucky and get your money+profit back , or maybe they run away with your money.  Grin

my other opinions : just avoid HYIP no matter what they offer   Wink
hero member
Activity: 658
Merit: 500
January 01, 2015, 04:50:15 AM
#6
HYIPs are investment programs in which you can earn stratospheric percentages joining them.

HYIPs are often presented in an attractive way, in which the handlers tell people that they invest in forex markets, commodities, ect. and they simply know some secret formula which let them earn those stratospheric percentages that they want to share with investors... Actually instead many HYIPs ( or maybe ALL of them  )  are simply Ponzi Schemes or Pyramidal Schemes in which only if you join the program first you have the possibility to earn money, altough neither in this case it's guaranteed since HYIPs handlers could escape with all the money, never sharing some with investors.

For more infos:
https://en.wikipedia.org/wiki/Ponzi_scheme
https://en.wikipedia.org/wiki/Pyramid_scheme
hero member
Activity: 812
Merit: 1000
January 01, 2015, 04:47:53 AM
#5
however, I wanted to hear personal opinions of people who know more than i

It's basically an investment program where investors are promised high returns but their profit depends on how much money the company makes and more often than not these companies end up losing the money of the investors and they run away and the other times they give out returns at first to increase their trust level and when they have collected enough, they don't invest and just steal the investor's fund and shut down their operations. Which is why it is advised to stay away from HYIP/Ponzi schemes, but people fall for these scams in their greed of earning high returns and end up losing their funds.
full member
Activity: 168
Merit: 100
January 01, 2015, 04:35:53 AM
#4
if googling it you'll find :
http://en.wikipedia.org/wiki/High-yield_investment_program
High-yield = More Risk you get.

I understand it but can't put it exactly. So I am quoting.


adjiadjo, borna_121136  thank you, but I know Coogle ...  Wink

however, I wanted to hear personal opinions of people who know more than i



newbie
Activity: 42
Merit: 0
January 01, 2015, 04:22:06 AM
#3
I understand it but can't put it exactly. So I am quoting.

{Source : Google}

HYIP is High Yield Investment Program. People can invest money into high yield, high risk markets who couldn't normally do so on their own, due to lack of initial investment funds. A HYIP pools money from investors together and uses the funds to invest in these markets; investors receive a portion of the return on their investments over a pre-designated amount of time. Most HYIPs pay interest daily, weekly, or monthly over the Internet. While some HYIPs are valid investment tools, a majority are actually one form of a ponzi scheme.

{Source : Google}
legendary
Activity: 1218
Merit: 1038
January 01, 2015, 04:21:28 AM
#2
if googling it you'll find :
http://en.wikipedia.org/wiki/High-yield_investment_program

High-yield = More Risk you get.

full member
Activity: 168
Merit: 100
January 01, 2015, 04:15:59 AM
#1

In this topic, I saw a lot of online casinos and so called HYIPs that offer auchenharvie
interest on my small bitcoins ...   Smiley

casino I understand, but explain, please, HYIPs is totally cheating or I have a chance to
get my money back with a profit yet ?

thanks
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