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Cyclers- Are They Really HYIP`s?

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Posted by: forwardone

With all the massive amount of publicity just recently, here`s a question about Cyclers.

The TG forum has seemingly been taken over by Cycler talk, advertising, new folders, and some controversy. Yet TG is an HYIP forum.

Another HYIP forum I know bans discussions about cyclers because it views them as not being part of the HYIP arena.

And now, there`s even a separate forum just been set up to discuss cyclers, and to advertise cyclers, but no other programs including traditional HYIP`s.

http://s7.invisionfree.com/TheCycle...dex.php?act=idx

So, it seems that views are mixed to say the least. So, are Cyclers, in a wider sense, still HYIP`s?

Geoff


Posted by: wendy99

A simple answer to this is: No!


Posted by: linkz

Hmmmmmmmmm... first one to vote yes.

Lets see ..... cycler;
- makes above averge returns on money
- totally based on new spends coming in
- eventually will stall (therefore no further payments)
- get in early and there is a chance you can make a gain
- hi risk

Seems like an HYIP to me.

The only thing that really makes it differ from a traditional HYI, is the fact that most admins have NO reason ever to shut it down since they earn an admin fee from each spend.

Any other thoughts?


Posted by: suilv2n

To my mind cyclers are a cross between hyips and Mlm,

with an hyip the admin can pretend they are investing when really it is a straight ponzi - or they may be investing in other hyips,mlms or other bizops or betting games etc , - whilst with a cycler you know where the money is coming from to give you your return - from the people under you - same with mlm - except with a cycler you don't have to refer to make a profit (although indirectly it will obviously help somewhat),

hyip would suggest the funds are actively invested in something - cyclers are not - except for ymmss and some of the others where I believe they do put members funds to other income generating ventures,

when you start to think about this question it actually gets way more complicated than it seemed when I started my reply!

Maybe someone else can hit the nail on the head!

-------------------
suilven


Posted by: golddust

Quote:
The only thing that really makes it differ from a traditional HYI, is the fact that most admins have NO reason ever to shut it down since they earn an admin fee from each spend.

HYIP admins shut down when ppls stop spending and run with a bucketload. Sometimes they have also made exchange fees.
Cycler admins shut down when ppls stop spending, have made admin fees and run with the funds of remaining unpaid members. Not much difference.

Cyclers admit they need new/respends to continue to pay cycles. HYIPs would never admit that, in fact prompt a sense of security by explaining/lying that new spends are not needed... this is the difference.

IMHO,
golddust


Posted by: linkz

Quote:
Originally Posted by golddust
HYIP admins shut down when ppls stop spending and run with a bucketload. Sometimes they have also made exchange fees.
Cycler admins shut down when ppls stop spending, have made admin fees and run with the funds of remaining unpaid members. Not much difference.
I'm not sure what you mean by bucketload. Members can always read what fees are involved up front. And they don't run with members unpaid funds. The funds are constantly paid out ....... there are no funds. The admin fee is taken off ..... everyone can see that ...... and then you wait. It's pretty up-front if you ask me. What I mean by not shutting down is, they really don't have to, they do yes because it just stops. I've been in one for over 3 years...... its still going. NO fees either I figure in about 28.51 years I can get another payment.

Quote:
Originally Posted by golddust
Cyclers admit they need new/respends to continue to pay cycles. HYIPs would never admit that, in fact prompt a sense of security by explaining/lying that new spends are not needed... this is the difference.
Agreed. I should have added more to my post. With a cycler, you can always get your stats (positions), so you can always see where you are and how long it will take to get paid ......... very few HYI's (if any) give you true stats of investments/trading/ponzing (is that a word ).


Posted by: forwardone

Quote:
I'm not sure what you mean by bucketload. Members can always read what fees are involved up front. And they don't run with members unpaid funds. The funds are constantly paid out ....... there are no funds
I`m not convinced of that, Linkz. I doubt very much if the Admin just takes out his costs/fees, then waits until the incomings no longer outweigh the outgoings (ie withdrawals.)

The Admin can obviously see the totals of both out and ins, and realizes that the time will soon come about when he can no longer pay out. And no doubt when the gap narrows, he closes the account with what`s in between, which could well be a `bucketful of money,` and does a runner.

Geoff


Posted by: linkz

I stand corrected then, I always thought that the scripts were automated, but I guess if they did a nitely payout they could 'seize' the funds whenever they wanted.

The one I'm still in is fully automated and one spend goes right to the other members Egold.

Well, I'm happy to say I made 60 cents in the early days of the TG one.... woo hoo


Posted by: forwardone

We are talking about the same thing here aren`t we?

Your quote:-

Quote:
Quote:
Originally Posted by golddust
HYIP admins shut down when ppls stop spending and run with a bucketload. Sometimes they have also made exchange fees.
Cycler admins shut down when ppls stop spending, have made admin fees and run with the funds of remaining unpaid members. Not much difference.


I'm not sure what you mean by bucketload. Members can always read what fees are involved up front. And they don't run with members unpaid funds. The funds are constantly paid out ....... there are no funds. The admin fee is taken off ..... everyone can see that ...... and then you wait. It's pretty up-front if you ask me.

From your last reply I think you might be referring to Cyclers, which are of course run differently.

Geoff


Posted by: linkz

Quote:
From your last reply I think you might be referring to Cyclers, which are of course run differently.

From the title of this thread, I thought I was. Now I'm totally confused.
I thought that was those like bubble games ...... you know 15 or 25% on your spend when you cycle. I know about the larger ones, that to me, just work on the same principle with all the bells and whistles ......... and oh yes .......a product ........ what I wouldn't give to get rid of all these Ebooks lol


Posted by: golddust

From what I gather, Geoff you were discussing HYIP operation in reply to Linkz post commenting on running with "bucketloads", while Linkz thought you were referring to Cyclers running with "bucketloads", hence his response.


Linkz, if your one experience with Cyclers is the "TG one" and you have only made .60, then I am totally at a loss for words except I think you can do better with HYIPs !
golddust


Posted by: forwardone

Thank you golddust, the answer from me is yes to both of your comments.

Geoff



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