A Recent Post From Ladybird On MMG.

[transparent]

Originally Posted by DXGuy

Another StormPay cheerleader with a StormPay myth. StormPay took money in.
They were only asked to send it back. How would they take the hit? They already took their fee. It was not their money. It was the members money.

you're familiar with the english language right?
"they _would_ have been the one taking the hit"

let me explain to you then in another words if you still don't understand why ponzis and credit cards don't mix!

now, this didn't happen because stormpay stepped on the brakes:
1. member1 deposits money to 12dp through stormpay.
2. that money is paid to member2 by 12dp.
3. member2 withdraws the money.
4. 12dp crashes as they don't have cash.
5. member1 fails to get the money from 12dp and does a chargeback against stormpay.
6. stormpay already having paid out the money to member2 has to cough up money for member1 - 12dp's account is dry at this point.
7. stormpay ends up in a loss.


that chain of events times 300 000 would have crashed stormpay.


with egold this doesn't happen because you can't chargeback.


i'm not a stormpay cheerleader, they're absolutely useless as a service for me, no legit business really needs it.

[Spitfire]

Originally Posted by DXGuy

Another StormPay cheerleader with a StormPay myth. StormPay took money in.
They were only asked to send it back. How would they take the hit? They already took their fee. It was not their money. It was the members money.

Well, you are just a scam cheerleader.

[DXGuy]

Originally posted by transparent
that chain of events times 300 000 would have crashed stormpay.

That is not what happenned. If you repeat it often enough people will believe you, but it doesn't matter now.

[kokezel]

people can put their money in what they want to; its their decision. when a program takes off and does so well people become greedy; STORMPAY was greedy. Hence the trouble began. Now look at SP; barely making it lol; check out stormclix. very little ads lol. 13 thousand ads down to less than 3 thousand. now their auction rules are changing lol. too bad.

[transparent]

Originally Posted by DXGuy

That is not what happenned. If you repeat it often enough people will believe you, but it doesn't matter now.

CAN YOU READ MAN? it didn't have time to happen because stormpay froze their account! it would have happened otherwise.


or do you believe that 12dp wasn't a ponzi that would have had a massive crash on it's own? ask sec and lennon if you don't think so. they're the guys who have access to all the data to _know_ it now without doubt.

[homebiznews]

Originally Posted by transparent

............let me explain to you then in another words if you still don't understand why ponzis and credit cards don't mix!

now, this didn't happen because stormpay stepped on the brakes:
1. member1 deposits money to 12dp through stormpay.
2. that money is paid to member2 by 12dp.
3. member2 withdraws the money.
4. 12dp crashes as they don't have cash.
5. member1 fails to get the money from 12dp and does a chargeback against stormpay.
6. stormpay already having paid out the money to member2 has to cough up money for member1 - 12dp's account is dry at this point.
7. stormpay ends up in a loss.

that chain of events times 300 000 would have crashed stormpay.

with egold this doesn't happen because you can't chargeback.

i'm not a stormpay cheerleader, they're absolutely useless as a service for me, no legit business really needs it.

Exactly..............let me say that again just in case anyone missed this post by Transparent...............Exactly!


I have no use for Stormpay either, and I do not believe anyone should use any third party processors for playing in this arena! Traditionally this game has been played using DGCs with non-repudiation policies that made this much easier to deal with, and prevented much of the mass fraud that many participants and referral scammers get involved in now!

Nowadays, there are so many different elements scamming each other and the investors and the programs and the PP that it is like the Wild West - if it does not get cleaned up a Big Sheriff may just ride into town...........

[Spitfire]

Originally Posted by homebiznews

Exactly..............let me say that again just in case anyone missed this post by Transparent...............Exactly!


I have no use for Stormpay either, and I do not believe anyone should use any third party processors for playing in this arena! Traditionally this game has been played using DGCs with non-repudiation policies that made this much easier to deal with, and prevented much of the mass fraud that many participants and referral scammers get involved in now!

Nowadays, there are so many different elements scamming each other and the investors and the programs and the PP that it is like the Wild West - if it does not get cleaned up a Big Sheriff may just ride into town...........

I think there are laws against people using credit cards to put money into ponzis. Why? It is not your money to begin with. It is like a loan from the credit card companies that people must pay it back. You still have to pay that money back even if you lost it in scams.