Anyone who invests in/plays with , follows, or monitors HYIPs would know that the last 6 months or so has seen a downturn in activity. Programs are scamming more, there have been less quality programs, and the number of rating/monitoring sites have declined drastically. You may ask, is this it for the HYIP/Autosurf arena? Or will we see a comeback?
What I’ve seen:
I’ve been watching the industry for 5 years now, dating back to the days of NovaLights, EzyBucks, and the likes. Every 12-18 months there seems to be a change in fate in the industry, from being hot, to being cold. The facts are that any industry that involves the possibility to make a ton of money, with little work, and not much initial capital will attract new blood. Even if they know the chances of becoming rich from these programs are slim, there are always people looking for the next legitimate program which will make them wealthy. I feel however it is important to make people aware that these are games and not usually a safe investment.
What is causing the recent downturn in the Industry?:
There are several factors which led up to this last HYIP/Autosurf slow period. Here they are:
#1 The Summer Months Were Upon Us:
The months of May, June, July, August and September have often been a quiet period in the industry. Why? Well in general internet traffic decreases in the summer months because the weather is nice in the Northern Hemisphere where 75% of the internet population resides. Not only this but when kids are not in school they tend to spend less time online for some reason, probably more so for college students who spend those boring hours tied up in their dorm rooms in the Winter, Spring, and Fall.
#2 Trust has been temporarily lost:
Many large programs collpased in the last few months, programs which people relatively trusted. This caused many individuals to leave the industry at least for a while, while new players slowly enter.
#3 The E-gold Mess:
The problems with E-gold have been brutal. The industry has never seen it’s most popular E-currency have issues. Of course there were the e-currency failures such as Evocash, OSGold, and others, however none of them were nearly as important as E-gold. The closing of accounts, the government indictments, and other issues with E-gold has forced many people to sell their E-gold in case there are more issues in the near future. This left most HYIP players looking for new ecurrencies such as LibertyReserve, and V-Money. It will take time for things to reorganize themselves around other E-currencies.
#4 DDOS attacks:
Even though the DDOS attacks haven’t cripled the industry, these attacks along with the other 3 issues have led to confusion and frustration among the industry.
Where are we headed?
It’s hard to say really, but after the closure of PIPs, Novalights, FLO, and 12Dailypro we saw major slowdowns, only to pick things back up in the winter stronger then ever. Things will evolve, and the industry will survive. More then likely there will be new types of programs evolving from the past failures, hopefully more transparent as well as safer for the general population.
What Positives will come out of this?
Without a doubt there will be positive aspects of the recent mess. People will learn not to rely on just one Ecurrency, and will also hopefully invest into these programs knowing that they should be looked at like a game instead of an investment. Investing in a high yield program online is no different then sitting down at a poker table with friends testing your luck and skill. Remember when referring others into a program let them know that there are big risks involved, it is a gamble, and should be looked at as a game rather then an investment. Invest money you can live without, and don’t expect too much.
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