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  • The HYIP nightmare

    What is going on with the HYIP world?
    Now this article is not the usual article you read on any other blog, like why GeniusFunds collapse, why GNI collapse, and will they pay you and come back. As a reader of me, you know already that I see things different, and you should know that I stopped investing in all this program and go out with a great profit, again I see this all as a game, a great gamble with a great change to win, a bigger change as going in the casino, actually I would say the way I play is like counting cards. It is legal, but administrators do not like it.

    Now my main concern is not the collapsing of the big programs, like Genius and GNI, face it, they all will one day and these two programs did outstanding good. What disturbs me, and it hassles me big time is the way how some blogger and monitoring services promoting programs on a very high level even they should know this program's collapse quick. I was asked to review RichesToTheMax, but I not even consider such scams to waste my time with. Same counts for currency-basis, there I was writing a warning, and I will do this in the future more often. When I read today one of the most famous blogs (I do not feel to start a fight - so let's say a real famous blog), he was surprised from the sudden collapse from RichesToTheMax, was he surprised because he was paid for the monitoring service some VIP amounts? Or because he did expect to get paid a little longer, the site was so clear a scam that I wonder how a professional blogger can consider to promote such a site, write a review, but have it in a personal list of outstanding programs? Well, he got paid for it, still he could try to promote sites like this differently, like with saying they are a scam, and you could try, not its a great site and could be the next PTVpartner. Well, it couldn't, for one simple thing, PTVparrtner (and yes I still wonder why they can survive that long LOL) has something this site not has and most sites do not have, a passionate administrator who believes in his product. If you believe in something you can sell it, and PTVpartner is a great example.

    So where is the HYIP world going, into a nightmare!
    The bloggers got paid, and since they do not want to lose their clients (no not you, the administrators) they are writing some crap things just to make you lose your money. No I am not saying that all Bloggers do this, but a big share of them. Someone who actually writes great articles short but to the point is http://dvdhyip.blogspot.com of course it makes a different if someone gets paid great amounts for their reviews, or do it because he cares about his readers, but DVD and I believe Flaxtalk makes a difference here.

    Actually, I have some partner logos on the site, but I will remove and replace some of them, and add a few good once to it, I am tiered of seeing bloggers care about the administrators more as of there readers.

    Please do one thing in the future, I am not saying do not consider "one of the great blogs of all time", but if you read all the good things and consider to invest, please consider a deeper look into the programs.

    This article was not to make any blog bad, this is why I did not mention any name, but it is to make you more aware that you should take more than one consideration. Read, research, ask around, if it's not on my site, send me an email, and I look into it for you. Flaxtalk is a community a community from and for people who try to make a living out of the HYIP world, and trust me, you can make a living out of this world. Let's work together and ride the ponzi and not let the ponzi ride us.

    Lea

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    Comments 29 Comments
    1. hushenterprises's Avatar
      Great article, many blogger only look for there pocket, using free money to make more free money on the cost of there readers, thank you Lea for being different
    1. cellphone's Avatar
      So how are these guys paid? For monitoring, or the article? How much? How offten?
    1. qadir5000's Avatar
      @Hush:
      Agreed

      @Cellphone:
      They are paid for both
      As for how much it depends upon the blog and its popularity.

      Regards
    1. ASione's Avatar
      Agreed, I started to figure this out after finding that there is more than one "HYIP Blog/Monitor Site" and doing some research on how to be listed and so on... such a shame what the truth is.
    1. dvdhyip's Avatar
      woot, finally was able to login

      Thanks Lea, but I don't think my blog deserved to be referred in your article
      Keep your good work because your articles have been great since I started reading Flaxn. And tell Qadir to keep bringing his technical reviews because they help me finding details I missed.

      (oh, and no, I am not paid to write reviews. You can find about it in my advertising terms page).
    1. leagao's Avatar
      @dvd, great to have you here, your blog and commends are very appreciated and welcome here as I believe we both are quite critical and not believe everything an administrator tells us
    1. qadir5000's Avatar
      @DvdHYIP:
      Thanks for appreciating my work

      Regards
    1. Rembo's Avatar
      I fully agree with you here Lea. I realize you don't want to throw mud but I think it is fair to say that most, if not all, of the monitoring website show a lot of cr*p! Ofcourse there are some good programs on their websites but if they review just anything this can't be surprising.
      The truth is that these people earn a fortune selling advertising space and they'll review anything if it sells on their website. It is all about the visitor numbers.
    1. leagao's Avatar
      Quote Originally Posted by Rembo View Post
      I fully agree with you here Lea. I realize you don't want to throw mud but I think it is fair to say that most, if not all, of the monitoring website show a lot of cr*p! Ofcourse there are some good programs on their websites but if they review just anything this can't be surprising.
      The truth is that these people earn a fortune selling advertising space and they'll review anything if it sells on their website. It is all about the visitor numbers.
      Not only that - I do not even care they are selling there ad spaces, I have also banner spaces, the problem I have is they see the administrators as their clients and priority not the readers, so every review is just great, or not as they actually deserve it. Because they are scared to lose their client, some give even discounts for returning scammers! Some have them directly starting on top of there recommended list!
    1. Rembo's Avatar
      True, these are the review admins that have no integrity at all and only care about the $$$. That is their motive.

      In an ideal world everybody would use their common sense and do their own Due Dilligence. An interview, any interview, is meaningless without proper due dilligence. Scammers are by nature convincing people. Needless to say that every answer they give in an interview is bound to be positive for the outlook of their scamming program.

      I think people should subscribe to reputable mailing lists and start educate theirselves. If people treat online investing as a hobby they'll lose money, if they treat it like a business they might be earning money.
    1. leagao's Avatar
      @Rembo, I do my Due Diligence, for this most admins hate me and I do not sell banner spots lol.
      Just to let you know what I think, an admin what is on every monitoring is just fishing for new clients to pay the old once!
      To explain monitoring and stop me if I piss off now some of my readers (what are also monitoring LOL)
      An admin send money to a monitoring site, let's say $100 this $100 are than invested by the monitoring service to get daily interests (now explain this, when an admin send money, so the monitoring send money, that the admin can send him daily money.. well something sound crazy here. Also this money was never invested, so in the long run it hurts the administration.
      But worse, now they pay for an interview and a review, and the blogger do not want to lose his client, so he write as good as he can, what makes this a reader or investor?
      Well..
      Damn I continue my way and write how it is, and I really do not care what the administrators think about, I also invest week for week and sometime day for day my own money, and yes I admin sometime with different account names (no I not refer myself, it is just to see if the admin pays everyone the same way and not just his blogger, monitoring or forum partner.
      Rembe if you have a list of good mailing lists, please send a link to signup to me, I am always looking for good once, my email is as you might know info@flaxn.hk
    1. hushenterprises's Avatar
      @Lea I know there are a few sites what really pisses you off LOL, why you not just name this bloggers?
    1. leagao's Avatar
      Oh Mig, I would - but if I do.. I not only have the administrators who do not like me, but also some bloggers, so better I just say they lol
    1. Rembo's Avatar
      @Lea: I will gladly send you info about my mailing list. Subscription is free and without obligation.

      The reason I hang out on this website is because I like what I'm reading here. Although I do have a different take on the programs to invest in, along with the strategy, I respect the way you write about the programs that you invest in. At least you are consequent and you call it as you see it. That looks good on you.

      You might have noticed I joined WBwso under you, I don't do that if I don't respect the sponsor. I will not join under any of the monitor-website administrators.

      So please keep up the nice work and expect me to throw in my two cents worth every now and then


      @hushenterprises: I wouldn't post names on a public website either, it might be interpretated as slander and no one wants to get into the legal mumbo jumbo. As tempting as it can be at times, it is best practice to stand above these people and not to take things to a 'too personal level'.
    1. leagao's Avatar
      @Rembo, thanks looking forward to the list, btw I am also on your site just a few min ago. Thanks for joining under me, and let's work together on Due Diligence, if you have anything let me know
    1. Rembo's Avatar
      Dang ur fast!
      There is some DD info on my website, more will follow soon.
      Thanks for signing up!
    1. leagao's Avatar
      @Rembo, I also responded to your email, whenever you have anything email me, I check my mails really all day and night long, sleeping next to my cell, and there the mails come in, so when you find any good site, please share
    1. qadir5000's Avatar
      @All:
      Open a thread for all this talking guys!
      You are spamming the comments lol

      Regards
    1. leagao's Avatar
      @Abdul I am happy they do LOL, finally some people who care!
    1. qadir5000's Avatar
      @Lea:
      Their are more good people in the world than bad people. But the bad people have the spotlight so we think everything is bad !
      Its just a matter of time until good defeats bad.
      I see a positive change coming in the HYIP industry.

      But HYIP is HYIP and its in the nature of HYIP's to scam or close and I don't think it can be changed completely.
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