Ok lets analyse this shall we?
ok, so you realize btc-arbs is a HYIP? right? have to start there at least.
Maybe it is a HYIP maybe it's Arbitrage. That is what we'r trying to find out here.
by the way I question your motives, your first post was this.
https://bitcointalk.org/index.php?topic=557446.msg6072515#msg6072515promoting finmutual with a referral link.
I'll stop feeding the trolls now.
Companies that hire HYIP monitors such as money-news-online.com are not legitimate companies
. why hire one if not the biggest HYIP monitors if you are a bitcoin arbitrage company and not a HYIP??? If I have to start convincing you whether its a HYIP or not, then we have a LONG ways to go.
My very first post sharing Finmutual, an actual GOOD HYIP with a good admin running it was in line with posting in this thread as well. I posted one HYIP that has proven itself. Finmutual and Rockwell are not misleading. As for Leancy (another story as to why they were a shameless scam), same not misleading. Seen in HYIP's all the time. The story is to be expected, but when you try so hard to prove a new community (bitcoin community) you are legitimate, that is where I have an issue. Those are typical "stories" found in HYIP's. Everyone knows they are HYIP's. The fact we are debating whether BTC-arbs is a hyip or not proves they are misleading and effectively doing so. The admin of btc-arbs has figured out Bitcoin is a rich new feeding ground, so spin together a Bitcoin arbitrage business story and lead the cattle to the slaughter.
It would be great to see Bitcoin gamblers join the HYIP community, but if Bitcoin gamblers fall prey to the scammy admins of HYIP's, they will eventually grow tired and not join any HYIP. That is why I have even made a SINGLE post here. I'm not trying to prove and convince people. I'm just here to share to a community that is completely new to HYIP's and maybe it will help direct someone in the right direction playing HYIP's.
So many great HYIP's over the years. My particular interest is in long term HYIP's (low to mid level interest rates) - and there has been so many good ones over the years that paid for 1+ years. So far the ones hitting the Bitcoin community hard have been complete failures. Maybe I can help change that a little by sharing my experiences/knowledge.
I don't understand what makes a "good" HYIP if they are all ponzi schemes and unsustainable. Just that they drag it out for a long time before disappearing? Is the charm of doing HYIP's just trying to predict when the right time is to bail so you're not one of the ones left holding the bag?
I would have liked to think that that BTC investments could potentially have higher yields than more well-developed markets because there are less regulatory expenses/overhead and there are better arbitrage opportunities than regular currency markets.