Saw someone promoting this shit earlier today. Let's put this shit into perspective.
Lets say you invest $5.
$5 day 1(+200%) it will become: $10
$10 day 2(+250%) it will become: $25
$25 day 3(+450%) it will become: $112.5
$115.5 day 4(+%700) it will become: $843.75
$823.75 day 10(+%1250) it will become: $10546.125
$10546.125 day 12(+%1850) it will become: $195101
Alright. This HYIP machine would have turned $5 into $195101 by 12th day. Imagine there's 20 people using the website and reinvesting the profit. How much has the company paid by 12th day? That'll be $3902020. That's 39 million +.
What the actual fk? Why are people so interested in HYIP programs? Well that's because:
1. They make profit from refs and actually believe it's a legit website.
2. They're making big profit from such website.
-- Let me tell you how this 2nd step works. First of whenever you come across new HYIP website you gotta check who owns the website. If it's owned by some poor as kid chances are it will scam and run away within first few days. Now if it's owned by someone who's been in the industry he will almost always try to get in as much money as possible by encouraging users to reinvest, put in more money, get users to invite refs and encourage them to invest money aswell. Now it's on person, once certain money is reached. Owner will just run away.
But this is most people do, once they've figured that owner won't run away soon they invest as much money as possible and withdraw before it's closed. They get refs, ask them to invest and make much as possible and withdraw as soon as possible before site shuts down.
I've played HYIP's before and made some money. Most of the time they've always scammed out on me to quick to ever consider it a serious investment though. So how does one find out who owns the website? Obviously the WHIOS information is bullshit.
we can find owner info with many different ways the easy one is go to about,faq section of website and the second method is go to this website https://www.whois.net/ enter the website url click on search button
Uhm you can't find out the actual owner, unless he is stupid.
You can pay to keep your whois information private.
There are also anonymous registration services that operate on offshore locations like Panama, which will never reveal any information about the owner.
There's bitcoin. It's anonymous. There are bitcoin hosting and domain registration services.
Many that I have come across are out of England and through their Companies House site you can find some information on them.
Never play with money you can lose. It is all about timing.
Something like mt.gox and bitfinex but quicker then?
Mt GOX had their money stolen. Or many suspect they had a trader bot on there making free trades.
These are more like Ponzi schemes.
They take money from investor a.. give it to b.. eventually they just run away with the money.
What the heck is HYIP? I've never heard of this before.
hyip means High Yield Investment Programs i will tell you simply in hyip they will double or triple your money after a fixed time period but mostly people got scammed by hyip programs and i see many peoples are promoting hyip in steemit so i make this post how to ruin hyip scam
i've received my funds on time going to invest again soon150% > 50hrs Profits http://bitcoinstream.live/ is PAYING out guys
thanks to OP
blockchain.info/tx/ccbecfc048b1a54ae7fe39bb5ebb04874e36a0111a3b71140270a6590d4b1ce5
Yes they always pay to start.. of course.
but then eventually.. when they are ready. CYA. Gone all everyones money.
se denomina HYIP a una pagina de inver sion con altos rendimientos y que normalmente son SCAM
Ya que si no sales a tiempo se lleva tu dinero. me paso hace algunos dias con NANO BIT...
Thanks for sharing
I just put money into a HYIP before i did any research lol..
https://steemit.com/bitcoin/@jimbojones/hyip-high-yeild-investment-programs-what-are-they
https://steemit.com/bitcoin/@jimbojones/amazing-bit-haul-investments-started-3-days-ago-get-in-now