My thoughts on some scam hyip projects

@iDivision (1414)
Latvia
December 20, 2010 3:38am CST
Last week one of websites which is hyip earning project mailed me that my pending payment will be paid within 24 hours. It was last week! I mailed them several times, but still their only answer to me was the same - 24 hours and i "will receive" payment. Ha-ha! It sounds funny for me now since i know exactly whats going on and how they making their business. Scam sites like this keep paying to hyip monitors, so that they do not downgrade their rank among other similar sites, but they take and don't give back money to the rest project users. That's the way how they survive and earn more and more money for themselves. Today i wrote to them that i will do anything i can to stop their good marketing in hyip monitor sites and i will tell to all world that they are a scam project! So, everyone be aware - Xinvestgroup.com is a SCAM site!
1 person likes this
1 response
• United States
22 Dec 10
All hyips are ponzi schemes plain and simple. Money is NOT invested just shifted around in the accounts. I don't care how inviting they look, because of the way they operate, eventually the site will shut down. No financial institution in its right mind would ever pay out at the rates hyips do. The sooner people come to their senses and realize that these hyips are simply exploited the greed in us, perhaps they will stop putting money into them and more of them will just go away.
@iDivision (1414)
• Latvia
23 Dec 10
i think it is possible to earn at the very beginning of hyip project working stage, but later... you are right - they become ponzi schemes ;)