#18 by Darkstar2 » Fri Apr 20, 2018 20:35
We can all blame the likes of Richard O'Neil and other online scammers who ran ponzi schemes and HYIP who have destroyed the trust of many including payment processors - these scams online had great influence in PayPal's decision and the downfall of Payza, EGOPAY, etc..........I heard reports of people losing several thousands of $ worth of bitcoin through Payza due to pending withdrawals for so long. NOW what's next, the scam industry is not dead, what's dying a slow death now are the remaining PTC and GPT sites will follow - the SCAM industry is stronger than ever now, and this shi*t industry is what's keeping bitcoin and the likes afloat - and the bloody GPUs 10x their bloody cost !!!! thanks to those ******* miners out there buying the lot of GPUs. DESTROYING the PC and gaming industry. So bitcoin now is the #1 choice for scammers / hyip / ponzi schemes and illegal casinos online, with zero risk for the scammers as now they do not have to face with chargebacks or losing their accounts ! and the lot falls for this all the time ! scams keep growing like wild mushrooms whilst the honest site owners are left struggling. I am gutted with how the industry has become - site owners and honest members are paying the price and yet the scammers are getting away unharmed.
With PayPal, Payza and Liberty Reserve being gone, what's left, Perfect Money and BITCOIN - once bitcoin is cut from the equation the scams will continue on with Perfect Money and the story ends this way........ Scams will survive and keep destroying lives, whilst site owners will be forced to shut down, and many disgruntled members will stop their activities.
Aside from the payment processor crisis, there is something else. The abysmal state of tasks and surveys - It's mostly rubbish ! Survey quality has significantly changed for the worse, the same for tasks, luckily one of the major providers of tasks has opted to paying contributors directly via instant paypal,m sadly, this removes $$$ from the pocket of GPT owners, but also members relying on affiliate income.
I'm not as much worried about payment processors, there will always be a way to get paid, I'm worried about the CONTENT. Once upon a time BUX site and referral bots ponzi schemes were the norm, nowadays the new trend is the crowd funded ponzi schemes disguised as PTC, revenue sharing, casinos, etc....... quite pathetic.
I am so thankful to have found 2 of the top sites online and earned over the years and I am gutted to see how things are getting worse and worse overall and how scams are still flourishing.