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RE: Why I Happily Invested in What Many Consider a Bitcoin Pyramid Scheme

in #beyondbitcoin8 years ago

Hmmmm....yeah. I can see how some smart person may knowingly gamble with one of these HYIPs(High Yield Investment Platforms). But me personally, I would never speak about it in any flattering or positive way because it is obviously a ponzi scheme, and the last investors in WILL LOSE ALL OF THEIR INVESTMENT.

A $500 investment.....ok, not life changing, but $10,000 or more is just greed and could ruin someones life short term(or long term if its a retiree).

So I caution everyone....please beware and stay away from HYIPs.

They are SOOOOOO tempting......yes, but even when YOU don't lose your shirt, you have to feel that grime from speaking about something that is filling the coffers of a scammer......THAT WILL ONE DAY, WHEN THE COFFER IS FULL ENOUGH, CASH OUT AND LEAVE EVERYONE STILL IN:

S.O.L.

.

I know you, scg, aren't pumping this like some bigshots do. But I still dissaprove. My 2c's.

.....one more thing... I notice three of your commenters are likely spammers; f4f low contenters; etc.... That is sad. It is clear one didn't even read OR comprehend your post.

Anyway....I love you, so I hope my negative comment isn't taken as me being a jerk. It is because you are a friend!

Peace

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Love your comment bro. You are speaking what you feel and think and much of what I think is on the same wave length. If I weren't free rolling this thing (used crypto profit) don't know that I would have touched it.

cool

Yeah a YouTube friend was pushing Control Finance....just like bitconnect but different. They had a big hiccup 3 weeks ago. Not sure if they went under or what... I have been swamped and today too lazy to do a quick check like I ought. ;-P

But He was pushing it hard(though not really...just showing off his success....which was 95% referral gains)
I kept telling him in DM to step back a bit...its gonna go south...like I say, I think that one did....not because of lack of investors or market...they just took the money and ran!!
.........I stopped being lazy and checked right now....
Yep seems they are down and out. So sad for all those that didnt make their money back.

Crazy, but not a surprise. Feel bad for anyone that got caught holding the bag. Gotta grab your funds out as fast as possible, greed will kill in a game like this.

I'm basically gambling my money for 2.5 more months then I'm even. I've taken worse gambles in Vegas.

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