sweetpie3000 wrote: People investing trafficm lost a lot of money. If the Same people invest their money on Bitcoin. They probably richer on Bitcoin right now.
Same with ptc revenue sharing sites or fake rental referrals from other sites.
Exactly, I am a good example of this - I made some bad decisions in the past, that cost me big time, BUT I learned from them and stopped supporting HYIP, I actually did something. But yet, some people still keep getting scammed and still join these sites. I was a victim of GeniusFunds, and lost 4 figures there ! Luckily I found CS and recovered everything through offers and surveys, + + +. Had I invested this money in bitcoin at the time, in its early years, I would now be richer by over $200k-$300k now. But I was lured to HYIP by some PTC folks and this site was so convincing, had brochures, literature, world wide representatives, address, numbers, etc.
The scam activity is what is keeping BTC alive now. What do you think HYIPs and scam sites use now that PayPal is out of the picture ??? Perfect Money and BTC..... No charge backs, no headaches, easier for criminals to run away !
PayPal has just washed their hands from future litigation. But by all means, this will not deter the fraudsters. As long as there are suckers who keep joining sh**, these sites will flourish. And I used to be one of those "suckers", and I stopped being one. Time for people to start doing the same and stop supporting scams online