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Archive for the ‘HYIPs’ Category

What is the point of e-gold?

Tuesday, June 24th, 2008

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e-gold is a payment processor, which you can use to buy things online. I know, it sounds harmless enough, but I really need the answer to this question. What is the point of e-gold? Once you transfer egold into someone elses account you cannot request a cashback or refund. Even if someone steals money from your account it is too bad. HYIPs and Ponzi schemes always request payment by e-gold and I think this is because they know that people will not be able to get their money back or request a cash back once they realise that they have been scammed.

I feel that e-gold makes it too easy for scammers to run off with people’s money. They should close down HYIPs accounts immediately and transfer the money back to people who have been scammed. In fact they shouldn’t let a HYIP owner have an e-gold account at all, as all HYIPs are scams.

The Kron is Crap

Tuesday, June 24th, 2008

I know I have told you to avoid HYIPs before, but I just want to reiterate. Back in the day, before I had learnt my lesson regarding HYIPs and Ponzi schemes, I joined up to thekron.biz, which is just another HYIP. I invested about $100 and I am still really surprised that it has been over 6 months and they haven’t shut down yet. They paid out quickly to my egold account. I still didn’t make any money back. They paid about $40 and then today I logged in and saw that my last withdrawal for $3.80 had not been processed. It has been over 2 weeks since I requested it. To me it is pretty obvious that this site is going down the drain. I am not surprised at all. It was only a matter of time. Don’t get lured in! There are so many scams out there.

HYIPs - What a Scam

Saturday, June 21st, 2008

I have invested money in High Yield Investment Programs before. The most I invested was $150. I suppose I knew deep down that it wouldn’t work. I mean how could it? HYIPs promise high returns for low investment and are completley unrealistic. I have money in one called TheKron.biz, which has been paying out for over 6 months. That is impressive for a HYIP. Every other HYIP I have ever invested in has gone under, along with everyone’s money. The last one I lost on was Minvestment.com. From reading the forums I think a lot of people have lost money on it. I will never be investing in any HYIPs ever again. It is as good as burning your money. I guess I was fooled by the review sites such as hyip-navigator. People go on there and review the sites and let you know whether they are paying or not. The trouble is most HYIPs pay to a few people in the beginning, but they are sure to go under in the end.

So not worth it.