Talkgold Hyip? Can't Talkgold make us one big hyip who is really backed up forex ?

KingofKings · #1 12-08-2006, 03:23 PM

Quote:

Originally Posted by talkgold

Well I just wanted to respond to a few points you made, some good.

#1, I have been saying the hyip arena has been dying every year for the 4 years TG has been around? What do I find? Its really growing and growing at a fast pace. After Novalights collapsed 3 years ago I said this is the end. What happened since then? It has grown 30 fold. More and more people are getting on the internet and more and more people are looking for a quick way to make money and gamble. What if it did die? Then I move on with my other projects.

#2, Although some of you want to think that we are in some type of competition with MMG, we are not. Jason is a great guy, and the arena is big enough for 2 different types of forums to thrive. I actually think MMG has helped TG indirectly in bringing more people in the industry in general. I know Jason will never run a program just like I will never run a program.

#3, You said "Imagine how big the HYIP would be" Thats exactly what I wouldn't want. If anyone knows me personally, I am pretty laid back. The last thing I want is 30,000 people questioning every move I make with their money, while also illegally trading other peoples money from the US. I like working for myself, investing for myself, and not having to deal with thousands of peoples complaints, problems, or questions.

#4 I don't have the connections in forex, and many of you know its very hard to trust anyone. If I were to hire a trader who was secretly stealing money from the pot, then My life and my families lives would be on the line. Investors don't care how they lost their money, they care about who the person is in charge. Sorry guys but such an HYIP has no chance of ever starting. I'm happy where I am, and happy with the projects I am doing away from the HYIP arena. Don't want to involve myself in other people's lives or create 10 times the worries I have now.

Alright mr. talkgold.
It was worth a try anyway.
I just thought maybe one day we can put an end to these scams.
And maybe the good days can come back like 12dailypro.
This idea is the last way to bring back life to this world.
It's going to be sad to watch this world die

hidethereal · #2 12-08-2006, 03:25 PM

Quote:

Originally Posted by KingofKings

Alright mr. talkgold.
It was worth a try anyway.
I just thought maybe one day we can put an end to these scams.
And maybe the good days can come back like 12dailypro.
This idea is the last way to bring back life to this world.
It's going to be sad to watch this world die

Am I missing something? I thought 12dailypro WAS a scam.

**talkgold** · #3 12-08-2006, 03:45 PM

Quote:

Originally Posted by KingofKings

Alright mr. talkgold.
It was worth a try anyway.
I just thought maybe one day we can put an end to these scams.
And maybe the good days can come back like 12dailypro.
This idea is the last way to bring back life to this world.
It's going to be sad to watch this world die

The thing is that I'm not special. Anyone out there could start such a program just as easy as I could. Just because I have the forum member base to pitch my program too, and a degree in econimics doesn't mean I am any more ready to deal with the everyday tasks of running such a program. Any program would easily be able to attract thousand of investors if they could

#1 register themselves and get a license with the government
#2 provide full personal details of themselves, and all the traders they are working with.
#3 Make the program transparent meaning we all have access to a transparent trading panel showing every day's trades as well as available funds.

Its not that hard. The facts are, you could probably start the very type of program you are pitching to me just as easily as I could. The problem is its not easy to just get forex traders to work for you and you can never guarantee people will make a profit. Not to mention the hours and hours of work setting it up, getting the proper authorization, and time spent every day dealing with hackers, website attacks, and script glitches all of which could allow people to steal money yet leaving you responsible.

Also running such a program would be a major conflict of interest for me, as I would not be able to remain on the sideline running Talkgold in an unbiased way.

dollarsblog · #4 12-10-2006, 05:33 AM

Quote:

Originally Posted by talkgold

Well I just wanted to respond to a few points you made, some good.

#1, I have been saying the hyip arena has been dying every year for the 4 years TG has been around? What do I find? Its really growing and growing at a fast pace. After Novalights collapsed 3 years ago I said this is the end. What happened since then? It has grown 30 fold. More and more people are getting on the internet and more and more people are looking for a quick way to make money and gamble. What if it did die? Then I move on with my other projects.

#2, Although some of you want to think that we are in some type of competition with MMG, we are not. Jason is a great guy, and the arena is big enough for 2 different types of forums to thrive. I actually think MMG has helped TG indirectly in bringing more people in the industry in general. I know Jason will never run a program just like I will never run a program.

#3, You said "Imagine how big the HYIP would be" Thats exactly what I wouldn't want. If anyone knows me personally, I am pretty laid back. The last thing I want is 30,000 people questioning every move I make with their money, while also illegally trading other peoples money from the US. I like working for myself, investing for myself, and not having to deal with thousands of peoples complaints, problems, or questions.

#4 I don't have the connections in forex, and many of you know its very hard to trust anyone. If I were to hire a trader who was secretly stealing money from the pot, then My life and my families lives would be on the line. Investors don't care how they lost their money, they care about who the person is in charge. Sorry guys but such an HYIP has no chance of ever starting. I'm happy where I am, and happy with the projects I am doing away from the HYIP arena. Don't want to involve myself in other people's lives or create 10 times the worries I have now.

Also I wanted to add, that if any of you were here from the very start remember Mario and Weeklygold. Although I didn't run that program. I felt confident in what Mario showed me, and sort of endorsed the program for him? Why? Because I felt it was an honest investment and thought it would benefit our members. It turned out in the end Mario was a crook, liar and thief. I got hundreds of threatening phone calls because of what Mario had done. You can't trust anyone in this world unfortionately, especially when it comes to money. I was young and ignorant, and won't let that happen again. I made a promise to myself and my members that I will never be involved in or even endorse any program ever again.

I think you could sum it up in one word. PASSIVE. Thats what you have acheived passive income. Well maybe not as passive as you like but passive in respects to 99.99% of the working stiffs out there.

hidethereal · #5 12-08-2006, 02:56 PM

Quote:

Originally Posted by talkgold

If someone knew a way to make 15-20% Per month without a risk, why would they waste hours and hours each day running a program for other people, dealing with hundreds of complaints, internet issues and legal problems if they can just invest their own money?

Trading investors money takes a lot of stress out of trading decisions. Many institutional traders that venture out on their own usually fail. Also, more capital brings in higher returns. With a 1% management fee and 20% of new profits on 50 million dollars worth of funds your bringing in a pretty big paycheck.

KingofKings · #6 12-08-2006, 03:00 PM

Quote:

Originally Posted by hidethereal

Trading investors money takes a lot of stress out of trading decisions. Many institutional traders that venture out on their own usually fail. Also, more capital brings in higher returns. With a 1% management fee and 20% of new profits on 50 million dollars worth of funds your bringing in a pretty big paycheck.

That's my point, TG hyip will have alot of money invested in it.
So there is now way to loose.

Imagine couple of million dollars put to work with 10-15 forex traders.

hidethereal · #7 12-08-2006, 03:02 PM

Quote:

Originally Posted by KingofKings

That's my point, TG hyip will have alot of money invested in it.
So there is now way to loose.

Imagine couple of million dollars put to work with 10-15 forex traders.

I wasn't really referring to them starting something up as I don't think it would be a good idea. I was more hitting the point of why people deal with the stress of trading other peoples money.

KingofKings · #8 12-08-2006, 03:05 PM

Quote:

Originally Posted by hidethereal

I wasn't really referring to them starting something up as I don't think it would be a good idea. I was more hitting the point of why people deal with the stress of trading other peoples money.

Talkgold admins won't be trading here, they will hire professional people who are real traders.

Wouldn't you invest in a project like this?

ammoun · #9 12-08-2006, 03:31 PM

This is not as easy as you think ....
Taking care of others money is a huge responsability that no one is ready to assume it ...
People will not wait any moment to say that such program is a scam and it's owner is a scammer when the loose their money because we have to consider that the forex arena is a place where the chance to win can't hide the chance to loose

And the forex trader you are talking about would trade with his own money ...

KingofKings · #10 12-08-2006, 03:34 PM

Quote:

Originally Posted by ammoun

This is not as easy as you think ....
Taking care of others money is a huge responsability that no one is ready to assume it ...
People will not wait any moment to say that such program is a scam and it's owner is a scammer when the loose their money because we have to consider that the forex arena is a place where the chance to win can't hide the chance to loose

And the forex trader you are talking about would trade with his own money ...

I think that Brian can pull this off.
Plus everybody around here understands that in any investment there is a risk of loosing.... by now many people have been scammed 100 times.

Anyway I just wanted to see a program that does not scam, and if it looses.. then it looses because it lost money in trading.. Not in scamming..

you see there is a big difference.