Then they're fools with blinders on.

Im only here to say that I got my money back since the sold of the web, they ask my BTC address and send my money back (when the page still working, 5 or 6 days ago) and I put it inside again. I think this should be some credit to this guys. Is true: the web still down and we haver zero notice, that is some irresponsible from them. I hope come back, I still think they do. Remember the last time it goes down, everyone in panic, etc etc; and now something similar is happening. This HYP site is the only one I saw goes down and up again.

You just discovered the downside of a decrentralized currency.... no-one to cover your backside if you lose your money through a bad investment.

It's been said numerous times, this is high risk stuff --- don't Ever bet more than you can afford to lose on it.

hmmm... daily profit over 1%, little suspicious...

True...

Don't suppose anyone has some good leads on alternative sites ?

How much did you settle for???

I am monitoring this thread as more people join who don't understand what is going on with btc-arbs and their tactics as a poor quality HYIP.

I don't think it takes anything more than common sense to see red flags and a facility to analyze a situation to realize the risks.  I've not sent anything to btc-arbs support regarding wanting to get my legacy funds transferred back.  Meanwhile, others who have been persistently squawking at them to get their money back are somehow being put in a priority list to get their fully legacy funds.  Are they paying people off to shut them up?  Some of these people getting paid back in full have WAY more BTC than I have, yet their audits were fast tracked to completion faster than mine?  Would a company doing legitimate audits sacrifice their audit procedures just satisfy a few?  And for the few who can claim they've been paid back in full, how many more are not being paid?  I'm still only getting 0.0001 BTC back a day.  I wouldn't be surprised if I get my BTC back after this post.  I'm a relatively cheap buy-off.

Those who have been paid back in full have no legitimate evidence that btc-arbs is a scam, yet they themselves would still call it a scam. What evidence do they have when compared to what btc-arbs has plainly said they would do:  1) acquisition, 2) audits, 3) small legacy funds, 4) eventual return of all funds.  As far as what I can tell, btc-arbs has been GOOD on their word.  So, when those people call out "scam", its incredibly easy for the newcomer to ignore those people as paranoid freaks or have some other agenda in mind.  It's a win for btc-arbs and relative cheap for them to do assuming they have plenty of other accounts to hold on to.

Do not forget that this discussion forum is only an incredibly minute fraction of all the accounts they may have.  Not everyone with an account on btc-arbs is active on this forum.  The "downtime" was barely 24hrs.  Not everyone is checking their account every 12 hours.  It would have been easy enough to miss the whole downed site fiasco, log in and see the acquisition notice (ok, no big deal), observe that they are doing what they said that they'd be doing with the legacy funds and small transfers (seem to be good on their word), see that daily interests are being missed, become impatient and deposit more funds in the regular funds to take advantage of the daily interests, only to set oneself up for double or triple the loss when/if the site closes down for good.  I believe THAT is the scenario they could possibly be trying to take advantage of.

I don't understand why people are flipping out over the notion that such a scenario is entirely possible.  Also, I get impression that the common consensus here is "We're not gonna flat out call btc-arbs a scam, but I'll be damn if I leave my money in there".  If it's not a scam, then why not leave your money in there.  Yet, when some tries to explain the possible scam it's met with "shut up, you have another agenda".  I don't get it.