Thread: "Look What PIPS Did To ME"

Originally Posted by jebnet

I am so sick of hearing that statement! How can anyone justify their attacks and complaints against Bryan and PIPS for loosing so much money in PIPS that now they are experiencing a great hardship? The web site was very clear that money could be lost and EVERYONE was warned, “DO NOT PUT IN MORE THAN YOU CAN AFFORD TO LOOSE”. Anyone who put in more than they could afford to loose has no right to complain. They were fully warned. Why would a person put in more than they could afford to loose? GREED! We all knew the risk going in. I lost big time but I blame no one but myself. The bottom line is, if you put in more than you could afford to loose, you have no one to blame but yourself. Even in the meetings with Bryan he always stressed do not put in more than you can afford to loose. I know no one twisted my arm or held a gun to my head. I chose to take the risk…..I put the money in……I did it and I take full responsibility for my actions. I don’t buy the naive game that people are playing saying they really didn’t understand the risk. Bryan made it very easy on everyone so there was no need to take a big risk when he allowed members to participate with only $450. But greed raised its ugly head and we gave into temptation. We all knew better but the greed factor clouded our judgment. If you say, "it wasn’t greed on my part", then you are only fooling and deceiving yourself. I dare say that many reading this has already lost money in other ventures since PIPS went off line. Many of us are risk takers. If you take the risk, take it like an adult and accept responsibility for your actions and stop blaming everyone else for your decision when things go wrong in the high yield arena. Or better yet, don't play the game if you are not going to use wise judgment. If PIPS comes back, I will use much more discretion the second time around.

Jb

What a load crap.Puting members down like.You should be a shamed

of your self.. MR high and mighty

Originally Posted by ellengieinc

The only fact I KNOW, as do all of us is, that on August 15, 2005 we all had a lot of money in our accounts. That means it is still there somewhere, if in fact, the ROL was reflecting real money and not ficticious computer generated numbers. That being the case, these continuously stupid comments about, "you all knew the risks of losing money..." according to everyone's ROL on August 15, 2005, there were no losses. Was all the money lost in less than 1 day? Show me where we lost money and the accounts were reduced even 1 penny!

One of two things is happening here. Either the money really was there or it wasn't. If it was there, it still IS somewhere and we will eventually get it. If it wasn't there, then we got scammed.

Geo

Geo, excellent post and you are absolutely right! To excuse what has happened here with "we were told it was a risk upfront" is ludicrous. The risk that was being referred to on the Pips disclaimer was that of a global market crash or Black Monday situation. Of course, there are always risks in investments, but as you pointed out, that is NOT what happened in this situation at all. Also, something so many seem to forget, many of us had money in Picpay in pending withdrawals. If that was backed by gold, there should have been no more risk there than when you go to the bank to make a withdrawal from your account. Was that money backed by gold or not? Was the ROL real or just computer generated figures we all were seeing that had no basis in reality? If the alleged investments (the trading, the PPP's, etc) were failing and that is why BM couldn't make the payments, then we should have been told that last January. But never at any point was that ever said by Bryan. And yes, the Patriot Act created complications with international banking, but companies all over the world seem to be able to continue on with their international banking despite the Patriot Act....sending millions and billions every day all over the world. So, that line of reasoning seems a bit week also. But most of all, Bryan kept promising the light at the end of the tunnel....and we all know that light never came....and at this point, there doesn't even seem to be a glimmer.....

very well said YogiBrood.
"there is sooo much opportunities out there"
are you talking about hyip's YB, or just life in general?

Originally Posted by YogiBrood

What happened to us or rather, affected us, is little in comparison to the many that I just don't want to compare.... it's a good thing we did not fully commit for our part, into signing the purchase deals for two new Villas (2x) in Portugal after we sell one of ours... However, we also came to realised, we did NOT need to acquire after all...at our age in the 50's, travelling as planned by a regular routine per season is ironic to go get two more when we will only end up staying there for a few weeks only aa time per year...

But losing almost 20K is a bitter pill to swallow however, we surpassed that pain last spring...and a year since, if didn't feel that painful anymore becoz life goes on and being resourceful...the pinch hurts far less.

I hope, many of you will quickly recover soon and snap out of the gloom with a positive surge to new frontiers...there is sooo much opportunities out there, GO FOR IT so that coming Christmas is something worthy to rejoice to...

YB.

The only opportunity out there similar to PIPS is investplace.com. I have money in that program and I just hope they can avoid what happened to PIPS.

Both your posts are exactly my interpretation - was the money real or computerised? When picpay starting not paying dec 2004 we should have been informed, but bm kept us in the dark and kept on saying it is a banking platform problem and he was in search of another platform. Cambodia was mentioned? Negoitiations were under way? I am sure you all recall that. That is when I started placing withdrawals (which are still pending) as my gut told me he was up to something, needless to say, I am still waiting. I was on the phone daily with PICPAY and every day was the same - your funds will be released tomorrow, then the next day and so it continued. Bryan in the interuim posted regularily - the banking platform is on the way and all outstanding pendings will be cleared - one excuse after the other was given, but it was to late. Unreal to say the least. So my lack of confidence and trust in any form of the restructed PIPS is at an all time low. I asked questions after questions in the PIPS forum, but never was a clear statement given - until the 15 August which came as no surprise to me. Just my cents worth.
carolinem

We all did what we had to do and yes we heard Bryan. We all wanted to do better. I believe Bryan will come back with something, might not be as good, but life goes on. I am putting small amounts of money in other avenues. I am not rich and will never be, but yes, I just wanted to retire, but that is not going to happen!! LOL :) Pull yourself up by your boot strings and move on. Just keep an ear out for what is going on. Wishing all of my PIPS family all the best! Be good to each other life is too short! Thank you and God Bless!
MrsCountry

I put in more money than was wise and I'm not whining. I did it and I did it to myself. So I need money too, but I do not put all the pressure to my problems on Pips coming back. Anyhow, I agree if you put in the money you have to take responsibility that you did it to yourself and no one else did it to you... I can say I'm going to have a good day today anyway!

Originally Posted by cuteprofit

very well said YogiBrood.
"there is sooo much opportunities out there"
are you talking about hyip's YB, or just life in general?

I'm fundamentally, NOT into HYIP...that was a fun bit & experience starting with PI Inc...if that can be regarded as a HYIP.... Hope this finds you in the uplift too, its a privilege to Leisure, Luxury and Lifestyle when one goes in search for it!

YB.

The reason so many people put in too much money is due to the fact that in 2005 those selling their picpay was still promoting this program as if everything was doing great. New people had no idea there was a problem. Also, I put in so much because I was told all I had to do was get my orginial investment to picpay as this is like PayPal and backed by gold. For those telling people to quit crying, what you are saying might or might be true for pips but it is not true for PicPay.

Originally Posted by ajk64

Geo, excellent post and you are absolutely right! To excuse what has happened here with "we were told it was a risk upfront" is ludicrous. The risk that was being referred to on the Pips disclaimer was that of a global market crash or Black Monday situation. Of course, there are always risks in investments, but as you pointed out, that is NOT what happened in this situation at all. Also, something so many seem to forget, many of us had money in Picpay in pending withdrawals. If that was backed by gold, there should have been no more risk there than when you go to the bank to make a withdrawal from your account. Was that money backed by gold or not? Was the ROL real or just computer generated figures we all were seeing that had no basis in reality? If the alleged investments (the trading, the PPP's, etc) were failing and that is why BM couldn't make the payments, then we should have been told that last January. But never at any point was that ever said by Bryan. And yes, the Patriot Act created complications with international banking, but companies all over the world seem to be able to continue on with their international banking despite the Patriot Act....sending millions and billions every day all over the world. So, that line of reasoning seems a bit week also. But most of all, Bryan kept promising the light at the end of the tunnel....and we all know that light never came....and at this point, there doesn't even seem to be a glimmer.....

Agree completely.