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This was sent to me on Monday October 3, 2005
PIPS (People In Profit System): PIPS website has been back to operation for
a short period of time on September 2, 2005. This might be explained by a necessity
to test scripts on the PIPS server, prior to the complete recovery of the program.
According to the unofficial information from PIPS pioneers, the Bank of Negara
has ordered picpay to abide by the country's 2003 Paymet Systems Act, with further
progress currently being anticipated.
Hi, I think this was posted on the hyipinvestment.com site. Just what i heard. Dont know if its true or not.Quote:
Originally Posted by tjohn44
Regards
Marek
I heard this as well. Apparantly the forum was up briefly and the main site was up briefly as well.
Doesn't mean much unless bryan confirms
This is old news though. We knew it was up briefly a month or so ago and some got in to see their accounts.
Can someone tell me what is the link for Pips, thanks
Well, we could but it wouldn't do you any good as the sites are offline right now..but for your amusement you can watch your browser tell you the connection timed out, go to: http://pips.pipsinc.comQuote:
Originally Posted by doraemon
Cheers
Roo
PICPAY , can't and won't do anything ever again . It is dead , and even BON and the 2003 Paymet (sic) Systems Act can't resuscitate it , or make it do anything .
You have as much chance of getting Picpay dollars as John and George have of reforming the Beatles with Elvis on keyboards .
Your Statement Is Definetly A Fact. Very Depressing But True. Brian Could Never Bring Back Picpay, It Has Done To Much Damage To Alot Of People. Not On Purpose/nor By Design,it Just Worked Out That Way. That Is Why There Is Probably A New Platform In The Wings?
Yes , that was my point . Money will be processed through another platform ,
just not Picpay as we knew it .
So, what are you suggesting about the money now sitting in PicPay??? That it will be transferred to a new payment platform or it will simply cease to exist?
Just curious as to your opinion.
Caroline
Well, I don't know. But I do know that if it ceases to exist, that is what you call theft. The PIPS 2% program was never guaranteed, but Picpay sure as hell was.... backed by gold, was the claim/promise.
That's really scary . . . .. my buddy wired 15,000.00 US TO Picpay one week before the site went off line. He did speak to PicPAy to confirm that they recieved the money. BUT. . . . . the day he went to start his 2% account the PIPs site went off-line. Does this mean his money is gone???
I don't really think so ..Though I as most people do not have insight to this.Quote:
Originally Posted by ox1216
It is a wait and see what Bryan comes up with .... and I am sure Bryan will come up with something......
I am Sure that Bryan Cares about us and Our Money!!! HE said: EVERYTHING WILL WORK OUT OK!!! I Believe that ! SO ! Let's Take a CHILL PILL !!!!!!!!!!
Mike
I am 100% sure that money deposited in PicPay will never disappear. BN has no right to confiscate that money belong to the members. Do not worry about that. Of course except "illegal money".
I hate to keep saying it OX1216 , but Pips was always an avenue for small investors . If your buddy put in $15000 USD a week before it went off line , I do feel for him and I hope it was spare cash and not " last roll of the dice " money .
If managed properly , Pips will return the small investor more than enough when it gets back on line .
Alright, I had to jump in on this.
You're buddy wired 15k a week before the site went down? Thats the most ridiculous thing ive ever heard! What kind of cognitive processes are behind the act of sending money to a program that is 9 months behind in payments and showing no signs of speeding up?
You know what they say about a fool and his wire transfer form..
c
ps not trying to be a jerk here but this hit me like a brick wall...I honestly cant process someone actually doing that.
:rofl:Quote:
Originally Posted by Tradewinds
I feel for that person who put in $15K one week before the site went down! I really do!
I seriously doubt that. Who in their right mind would do something so ridiculously stupid!!!Quote:
Originally Posted by ox1216
I echo TWs sentiments below along with a resounding :toofunny: :toofunny:
Quote:
Originally Posted by Tradewinds
I take offence to you people making fun of others who may have lost money .
I would think there would be many such stories , and I myself know of a Pipster who aggressively marketed and sold discounted Picpay dollars .
Even when the spend function was disabled , he would open a/cs then allow the buyer to change the a/c details and passwords .
His total take was over 200k from a stake of 10k .Unfortunately , I knew some people who traded with him and they wouldn't appreciate your insensitivity .
Hi tjohn44Quote:
Originally Posted by tjohn44
The only PIPS site upat the momemt is PIPS Premier
https://pipspremiere.biz
Alsem
Lutwyche wrote:
Quote:
You have as much chance of getting Picpay dollars as John and George have of reforming the Beatles with Elvis on keyboards
Unquote
Lutwyche, this is totally unfounded. The fact that Picpay probably not is going to return, does certainly not mean that any outstanding withdrawals at picpay will not be honored.
Doesn't help if you post this, while actually not knowing what the situation is.
I was told picpay was backed by gold. Is that correct or not?
All money will be transfered over to the new system. That's what I've heard. But to me it's still a rumor unless I hear it from Bryan himself.
PIPS will be fine.
Quote:
Originally Posted by Caroline
Unless it comes from Bryan, don't believe it, lol.
I think only Bryan has the right answer of all about,surely any plan of restoration of picpay.
coolx
it's ALL speculation. none of us knows what will happen until PIPs comes back online. people seem to like playing 'guessing games'
Hasn't anyone noticed that the first posting in this thread was talking about an event of a month ago?
"PIPS (People In Profit System): PIPS website has been back to operation for
a short period of time on September 2, 2005."
So who cares? Why on earth has this suddenly become 'news' a month later?
Let's deal with current events - of which there are a few but certainly not PIPS sites to look at.
Regards -
Just FYI my buddy and I have seen friends of ours recieve CASH from Pips. I've even seen their checks!! So excuse us for trusting something WE BELIEVE will work. Why would folks laugh at him? That was just plain wrong!!!!! I hate trolls
Do my PIPS family.. . . .Thank you for your support & understanding. :)
has anybody even considered that brian might not be quite honest?
i mean nobody even questions it?
I have met Bryan in Sydney Aust. I believe in him 100%
well yes but what i mean is if he was suspect it would be his interest to be good at what he does... im not going along with the "do not question" mentallity
I too am against the "do not question" mentality. And there is too much of it, along with mindless and meaningless chatter.Quote:
Originally Posted by jasovanooo
But I have maintained my belief in Bryan, despite accepting that his own limitations created the PICPAY fiasco, because I look at what he has not done!
He has not encouraged recruitment. (He cancelled recruitment incentives and banned PIPS-promoting websites).
He has not encouraged investment while the payout problems exist(ed). It was just as hard to get funds in as it was to get funds out. Most 'inputs' were done by way of exchanges with members trying to extract funds. And that sort of transaction does not put any significant funds in Bryan's pocket!
He did not just disappear into the ether like so many other HYIP sites, here-today and site-for-sale tomorrow!
He maintained through the troubles some semblance of a communication process, however flawed, unlike many who even now will happily suck your funds but never reply to you request for confirmation of performance.
And for the record, I put in $10,000 in July 04, and have had out over $50,000 directly and indirectly ( mostly directly) since then. If Bryan was running a PONZI he would have made sure that his rules prevented that sort of return. It would only have required a minimum investment period to have prevented extraction of profits, and then away - like a thief in the night!
Bryan undoubtley has to accept responsibility for the fiasco that is/was PICPAY. A half-dumb businessman could have done better! But business incompetence is not a sure sign of dishonesty, nor is it an indicator that his investment process is flawed.
With the demise (temporarily I hope) of PICPAY/PIPS, I have decided to try my own, less than experienced hand at Forex Investment, using several of many Demo Accounts available on the 'net. In my first day I did 4 trades and made over 20% profit. (3 up 1 down!). I want tell you how much I lost on Day 2!
But the fact is all the nay-sayers act as if 2% per day is absolutely unachievable, and therefore proof of fraud. But that is inaccurate thinking, and a fraud in it's own right!
So while I don't think we should ignore Bryans faults, neither should we condemn him too roundly. He has shown far more trustworthiness than any other of the failed HYIP deals that are no longer around!
Regards
GrahamB
GrahamB,
What a most thought provoking and logical post. I agree with your post, and at the end of the day as to what is fact and what is fiction, who knows? None of us have any evidence that even in the BM forum/threads here that it is the man himself, we are going on faith that it is from what those we respect on the www at least, have told us is the man.
We all wished time (our lives) away from when we initial loaned (back in June 04 it was invest) into PIPS, waiting to see our compounding accounts return a hopefully miraculous future for ourselves and to be able to help others. Was it achieveable? Absolutely when you look at other returns on the FOREX market with different traders/account managers.
Are we to keep continue wasting our lives waiting for pips resurrection with no firm end date in sight for 100% assurity or are we going to get on with our lives, hopefully find some other tangible small investments and just hope in the background that Bryan will be able to resurrect something.
I do believe in the man and have done from his visions in the beginning. I trust that as he stated "picpay is secured by gold", and eventually those funds should come out to us, because of that reason. If this is not the case, then that to me would be a blatant lie we were told by the man himself, and as so many state, "Bryan doesn't lie", so it MUST BE secured by gold, don't you agree?
It will be interesting to see what comes out of the restructuring and how this is done fairly based on the amount one invested in good faith in PIPs and the timeframe one was invested/loaned for. Can you imagine if timeframe invested and amount invested weren't equally considered, what future anger poor Bryan would go through with a restructure? I'm surprised that there hasn't been a logical request for suggestions on thoughts that should go into a possible restructure (the actual restructure itself could still remain hush, hush), but based on your comments GrahamB about some of the Pips companies set ups in the past, maybe Bryan is now open to some input/suggestions from members? I remember when any innocent suggestions were made in the past, messages would come out along the lines of "don't tell Bryan how to run his company, or if you can do a better job set up your own company". Hopefully now Bryan will acknowledge that suggestions from members are by no means one's way of trying to tell anyone how to run their company, it's just several heads for ideas to be tossed around and considered are usually better than just one or two.
As you can see I don't post very often, and neither did I in the old Pips forum or others, but I do observe, more often than not with head shaking :rolleyes: . Hopefully someone who spends more time in Forums on this subject than I do will maybe start a thread on "Restructure Considerations/Thoughts".
Just an idea, which I hope doesn't get flamed.
May we all from not on be lucky, work smart, accept our mistakes, but above all learn by them. :wink:
UCDIB
I think it's a wise idea of putting some Considerations together and we can all (including BM) learn from the mistakes of the past. Of course it would help if we had some idea of how this whole Pips was organized. Why did Gary leave? Was he forced out or he simply disagreed with Bryan and was able to forsee the troubles ahead and abandoned the sinking ship... Anyone has any idea?
loverseny