Wednesday, August 03, 2005

Turbulence beneath the calm?

I've expected much more reactions at the Sunflower Seed forum. What with Karsten, the admin for the high yield investment program, suddenly revealed that he initially wanted to run a ponzi HYIP site. He was now confused and remorseful. He was going on a planned 2 weeks vacation and putting everything on hold. He would most likely come back to run an honest, bona fide investment site. Yet, I see hardly any posts regarding the fate of Sunflower Seed.

Sure there were the usual naysayers and optimists. Only thing is, I can count them all with one hand, almost. What happen to the rest of the investors? Also, other than the first couple of days, the forum is rather peaceful right now. Everyone seems to weather the crisis pretty well.

Maybe this is the aftereffect of the recent collapses of Prime Fund and Syncinvest*. If these two could close just like that, what do you expect of the smaller funds? Or maybe there is turbulence beneath the calm. Karsten is scheduled to come back after 15 Aug 2005. Maybe the turbulence will only surface then?

Who knows? Only time will tell.

*PS. If you don't know, Prime Fund and Syncinvest were two of the most reliable and long term online HYIPs. Somehow, both "decided" to close shop back in Jun 2005 after a series of DDoS attacks. It was speculated that their closure caused the closure of a series of smaller high yield programs which invested in the big two.

3 comments:

Vic said...

Yes, you're right. Me also one of the hopeful.

I've read a weird story. This guy tried surfing this scam site again after some time and it was back up. He managed to log in and found his balances in tact. Tried withdrawing, and surprised! He got through and got his money back!

So, as long as a site doesn't disappear completely, there's still hope. ;^)

Anonymous said...

Hi off topic, TGT is now closed. It's sad to see this highly praised auto-surf go to wasted. Could there still be something long term out there? what program do you suggest?

Vic said...

If you want to talk about autosurf, head over to my other blog:

Cash On Line