There’s something wrong with you if you care more about cycling your JSS matrix than to make sure people in your downline understand the high level of risk involved. Today, we need to discuss the jsstripler restart feature together because so many people believe justbeenpaid.com will never go down.
Don’t you agree it’s dangerous if you’re about to have a safe-zone with a HYIP ? I made that mistake once and simply got lucky. At least, you’ll agree that some programs , like JSStripler , really stand out from the usual crap ; even from the good potential HYIPs. These few, top-of-the line elite projects always drag everyone’s attention ( and money ) simply because they make that dream of earning your financial freedom from home come true. Imagine : for JSStripler members, that’s a reality since February 2011 !
You know, a lot of water have flowed under the bridges since the first Ponzi scheme. And don’t think JSS would be the first to last more than two years. Seriously, do you believe you should build your retirement on your JSStripler positions ?
Since the last decade, an amazing innovation called the Internet set the room for HYIPs and their variants to flourish. Most were cheap scams while some proved to be profitable for participants who got out in time. Even better, you’ll remember programs with really sophisticated platforms, obviously backed by experienced teams, which really seem to be a revolution. Fact : JSStripler stands as such elite program today in 2012.
I risked 200$ and won !
Maybe you own +10,000$ in Just Been Paid ? Whatever the amount, you’ll talk with a lot of happy members who promote their affiliate link with excitement everywhere and in any way they possibly can. Hundreds of people from all accross the globe are earning enough money to quit their job . Finally they could say : ” bye bye boss” ! That might well be your case. Good for you!
Personally, I cleared 100$ of pure profit. To triple my money like advertised on the website , I would need to promote justbeenpaid.com. That’s where JSStripler becomes a Multi-Level-Marketing program. Note that no one forces you to promote your link. People do it for the extra cash. I just wish you guys, active JSStripler promoters, would not only put emphasis on the income opportunity, on the dream. Why not share the hard risk involved and what’s behind the curtain of this program? You don’t believe in its legitimacy, do you? Going down-to-earth never hurt anyone.
I hope you realise that since always, my goal is to increase the number of lucid HYIP investors. So many people trust successful HYIP admins like a child trust his mother. That’s a very, very bad tendency !
You’ll do what you like, but I don’t understand why you don’t want to protect your assets from yourselves by admitting JSStripler will eventually shut down and scam.
JSS Restart
The fact that Mr.Mann ( the admin ) can push on the restart button when he sees the need raises bad and good points. How ? It contributes to the sustainability of the program by controlling the cash-flow. On the other hand, you never know when will be the next restart so you may lose your 2% daily JSStripler positions. Of course, we need to assume that Mr.Mann won’t decide to disappear in the clouds or in a paradise island with no laptop . Have we seen this happen before? Yes.
In the end, you’ll notice I’m in a better mood than I was a couple months ago. That’s because several members of our community, many being veteran HYIP investors, helped to spread the truth about JSStripler by joining the discussion. Thanks guys! Even HYIP monitors added JustBeenPaid to their list since I wrote my articles during spring. A funny coincidence? Anyway, I welcome this move from them even if referral commissions $$$ might well be driving their decision. They say that somebody needs to put some bread on the table !
You’ll find hundreds of comments posted here already by positive, negative and neutral members of our community when it comes to an imminent JSStripler scam ; A very interesting read even if you set your mind on this question :
Loading ...Thanks for your anonymous answer . Next time we’ll ask questions to Uinvest .
Frank
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Personally I don’t think JBP will scam in the near future. Don’t understand me wrong, I am sure that this system is not indefinitely sustainable. But it will run much longer than the other HYIPs. What I do not understand is why you think the restart is something bad and will let you loose money. You do not loose anything! Your tripplers will be converted to free matrix positions and another part will be converted to cash. And those matrix positions are great stuff as they pay you $60 when they cycle. And if you do the stuff right you will get $20 to $40 pure profit out of those matrixes.
As long as there are enough people who continue to upgrade and depositing fresh money in order to pay tripplers, cycling the matrixes and so on, JBP will run stable – thanks to the restarts. When they will die? I don’t know. Maybe sometime next year. But I feel safe there at the moment.
Cristopher if you know JBP is not forever send an email to Frederick so he can give to u 1million dollars
personally i have been doing very well with JSS, ive been in it for about 6 months now, im in $1500 profit already, and taking money out everyday, and JSS is what has funded EVERY other HYIP i have joined and made even more profit on, so i couldn’t be happier knowing im making money without even using my own money anymore, i don’t think it will last FOREVER, but if it last another 6 months, ill be a happy camper, i personally disagree with you about the restart, the last one that just happened they actually warned us about, they sent us an email about every few days talking about it, and telling us what to do to prepare for it, that was a big help, and they say it will happen about every 3 months, so that does make me feel a little better about it, and it only effected me by about $15 in daily earnings (im well over $100)
so im not saying plan to retire with JSS, but i do think it will last at least another 6-12 months, they are actually trying to make it last, which makes me very happy, im sure other companies would have picked up their laptop and ran by now having gotten everyone’s trust for over a long period of time, but JSS seems like it will be around for a while, but just like any other HYIP, you never know, it could last another year, two years or it could all end tomorrow, so just like you have stated alot, don’t put all your eggs in one basket, spread them out, and i do love all the articles you write, it has helped me achieve great success with alot of HYIP programs, again thanks for your help, and i will keep on reading your tips and tricks
I am new in dis business. Pls, apart from JBP which other good ones can i join. Thanks. Royalmanmusic@yahoo.com or facebook/Royalman.yemi
I bet your not getting paid now every day!!!!
I must say i totally agree with Arthur and Christopher, I am in JBP from january and now i have a total investment of aprox 11000$ (1600$ of my own money and the rest from compounding).When i had a problem with a matrix i submitted a ticket and i was responded in 16-17 minutes later (so very promp service) also withdrawals took less than 26H everytime i made one.About the restart feature it is a loss to a certain extent i must say…you are told that you profit in the long run put it’s a false claim, i went trough the math and you can see that when comparison is made they do not include in the calculation what you could have gained in terms of matrixes if your positions would had expired naturally (EX: i got cut 73 positions this restart and i gained 5 matrixes and 9$…if there was no restart i would have gained 18 matrixes …) still it is such a minor loss if you consider the whole picture (smaller accounts even from same period as me were totally unaffected by restart) i am totally aware that JPB will scam but i have same confidence it won’t be this year.
why you guys lie? If your compounding there is no way your making crap if they take 50-75% when they do a restart.
Jbp I have been in it since december i can say i am in profit but all i end up doing is buy placement,compouding and no matrix has cycled. Most of the money i made still goes back to the system yet i have not cycled obviously its not automatic as i was told by my upline.Congratulation to those making it big. I will rather live with this reality.
Thanks frank
Don’t forget to purchase placements for your matrixes. otherwise it will take very long. Try to take part in a matrix training, this will help.
Dear Christopher
I need your help. I invest in JBP last year with 500. after first restart I have to added next 100 USD deposit due to my 80 position was drop to 30. I was compon every time that my daily earning reach to 10 USD.I can’t withdraw money due to I need to by new position. I’ve reach to 80 position again and the restart came again. After that my position remain about 30 again.I’ve make re-compound for about 2 month and my position return to 92. Than I bought all of this interest for my matrix to be cycled. I was earn 8 matrix rebate but I bought new triple positions and matrix and withdraw total about 550 USD during one and half year. The final restart reduced my jss triple position to 37 again by the last restart. Therefore I see that I’ve received only 50 USD for my one and half year investment.I hope to withdraw some money in July but I can withdraw only one time for the whole month. Near about 2000 USD that I see in my matrix earning are still be the digital number that can’t use as the real cash. Some people post that they invest 500 for one and half year and now they earn 5000 per month. I want to earn like this. What shall I do? Please show me the way you are succeeding step by step. You should post on hear because most people are in the same situation like me.We need to help them to help JBP not become error. You may understand if people can’t solve this situation what they will do. They can’t do nothing.That situation will cause JBP close down withing 2 month due to about many hundred thousand of members are disappeared.Please help me help JBP and help all.
This is my point that PEOPLE WILL NEVER MAKE MONEY COMPOUNDING.
I invest in JBP last year with 500. after first restart I have to added next 100 USD deposit due to my 80 position was drop to 30. I was compon every time that my daily earning reach to 10 USD.I can’t withdraw money due to I need to by new position. I’ve reach to 80 position again and the restart came again. After that my position remain about 30 again.
THEY TOOK MORE THEN 50% WHAT A JOKE!!!! HOW YOU EXPECT TO BUILD IF THEY KEEP KNOCKING YOU DOWN? ONLY A SMART PERSON WOULD NOT COMPOUND.
the main reason for Frank to write article about JBP/JSS because of certain people who think JBP’s Restart will make them last longer or forever,
i agree, but i really love JBP, money making machine
I think that every sane investor knows that it wont run forever. But will it end in the near future(1-3 months)? I do not think so…
The articles about popular programs with its title: Will it SCAM soon? …is getting kinda boring.
What makes JBP stand out from the usual crap is the fact that has been growing beside the usual HYIP audience gaining an huge amount of investors who are investing on line for the very first time. That is what makes a ponzi scheme work, new investors to pay the old ones. If you have any doubt about this just compare the traffic stats with any other program and see the diversity of places where people are promoting the program.
There are things that I don´t like about JBP, but one thing that I always liked is the fact that they don´t lie to you saying that they invest your money in forex or some other lame story about an incredible investment opportunity, actually they admit that they need cash flow to pay the older investments.
But obviously you have to be very naive to believe that the restart feature make them indefinably sustainable, however it will help them to last longer.
So I would´t be surprised if they stay around for a couple of more years once they are growing viral, however you have to consider that the history tells us than when a ponzi becomes too big, usually the authorities step in to shut down the program.
Regarding the reason of many HYIP monitors added JustBeenPaid to their list, sorry to say, but this only happened because JSB decided to pay them for that service.
I realize the dream of my own house with money from JSS-Tripler.
hug
Life is all about risk if you want to succeed. Not taking a risk is tantamount to failure in life. There are a lot of legit businesses that have crumbled. I won’t be surprised if it happens to JBP. If you are successful the risk is worth it. If you fail then it’s a bad risk. keep trying until you succeed.
I agree, very good attitude. That’s basically what I have done and what brought me success in the long term.
I have belonged to JSS Tripler since June 2011. Believe I was around number 7,000 when I joined. Anyway, several times I lost money with tripler when I bought several thousand dollars worth of positions and the NEXT DAY they hit the restart button. Twice that happened the last time this past Jan 6 I bought $1,500 and they hit the restart button during the night. What did I make…..nothing!!! Just a bunch of matrix positions worth very little. Why? Because I own about 400 matrix positions and you know how many have cycled or filled: 8. That is all. I will be 2000 years old before the last of them cycle and by then man will have wiped himself off this planet or we will be using someothing else other than the US dollar. Sea shells or universal credits I don’t know but it will not be USD. So join tripler and help fill my matrix.
You don’t buy placements and upgrades for your matrixes?
if you have 400 matrixes that usually means 200 of them are linked amongst eachother…search for those 200…you can tell when you find on by seeing your own name in the upline…buy placements 1 and 2 in those matrixes that have your own name as upline then upgrade thos placement to premium (20$ investment)…by doing this you are not more than 3 moths away to cycle….if it happens that you land with 2 matrixes inside one of your matrix (on spots 1 and 2) and you follow the same steps….that particular “special ” matrix will cycle in no more than 50 days…visual should look like this:
spot 1 …Warren X……empty space(filled by own matrix/ personal note)
spot 2 …Warren X……empty space(filled by own matrix/ personal note)
spot 3 …placement purchased by you….Premium
spot 4 …placement purchased by you….Premium
spot 5 …placement purchased by you….Premium
spot 6 …placement purchased by you….Premium
ofcourse this visual is simplified due to lack of space and real matrixes numbers…hope this helps
of all comments here, warren’s has made my day…
i enjoyed the comment. i couldn’t help but to smile. hehehe… I love JBP anyway… although sometimes, the restart really sucks…but it’s for the benefit of everyone i guess
Not again, yellow journalism. You spend the time attacking these programs and praising the wrong ones like Nanoearn which is scam right now or simply: it’s no longer paying.
You just make me laugh. We are not that born yesterday thinking that we don’t know weaknesses of any HYIP programs, my friend. Sure, JSS will one day be gone but do you advise that we market the program telling people that they should join JSS because it will soon be gone?
You keep on telling us the basic truth of HYIP world and thanks for that but we do not need that. Why not start also telling people and your readers that most of the programs you have been recommending ARE NOW GONE DEAD?
You have become a JSS hater already but you know deep inside that you are recommending also other programs which are so much weaker than JSS and will be gone to hell even before JSS will end.
We all belong to the same industry and you make money in HYIPs too so please stop bashing JSS because you just keep on eating your words.
EAT YOUR WORDS FOR NOW because JSS did not became scam at a timeframe you suggested.
You just make me laugh out loud…lol.
Well said and yes makes you want to laugh doesn’t it …. Macrotrade, Gorgonprojectinvest are just two I can think of that you FRANK recommended where are they NOW …. I put good money here but did not get one cent back …. and I did not see you write one bad thing about them like you do with JSS what is your problem. They pay every single time and thankfully I have made the money back in a short few months that I lost on the others that you recommended …. the owner himself puts himself out there on a call every week to answer questions …. how many other HYIP owners that you recommend do that NONE is the answer. Why didn’t you write about the two above like this you could have saved a lot of people a lot of pain instead you are hell bent on carrying on about JSS which pays unlike so many others that you have recommended. Remember what you think about comes about or is it that you are willing them to go under …. the restart is amazing just been through it something else they do that all the others don’t … they just run off with your money not to mention the fact they never get back to YOU oh and LIE LIE LIE …. pathetic really go and focus on them.
Placements, matrix, upgrades, cycles, restarts?
Well, its one way to spend your time and life learning to make money!
And the underlying product/service, providing real, great value to (all) customers, so ensuring continuity and profits growth is….?
Oh! New members. And money for old.
So the last “investors” (suckers) lose and some guys get rich on it;
- yes what is the problem?
And that business model is sustainable? – “no”: we all say so,
but not just yet – except for those restarts.
Yes you can criticise the blog owner for not being objective in all cases – consistency please!
(? – I did not read everything); but a review is a review, or it is a sweep under the carpet.
But its great the owner of JSS does a class act of management and altruistic customer service
and stings this one out for quite awhile: Milk that cash cow!
Yes certainly “better than the usual crap” Hey, as long as WE win
(and the JSS owner big time) – no problem!
- but its still crap, just better paying crap: its not a sound business model.
So at final saturation point (no more milk)….
Then the comment “ARE NOW GONE DEAD” applies here too.
Or did I miss something? yes… but no, its: WTF who cares.
saw
that was the most confusing thing i have ever read…
i think we should come up with the 11 commandment……..do not put all ur eggs in one basket ha?stats don lie n 1 day jss will scam but before it does make sure the apple tree is dry and non of your initial principle is in the programme….if you are investing for the 1st time make sure you do it after a restart so that u don get caught unaware,though they claim rss don affect new recruits you never know whether tomorrow they will change the rules………i also have amazing tips on how you can make lots of money with hyips visit hyipsolutions.blogspot.com
well…you know that new investitors have a bit of protection from restarts by not being counted in like everybody else or even old investitors with small accounts(i have a referral that joined just 1 week after i did…….in january…and the restart that took place in 25 may did not cut 1 position from the 10 he was having at the time)
you can diversify your money into small portfolios of 10$ and invest in the programmes that is jss and others its all about timing and being smart..to succeed in here you gotta operate like a thief who is always 1 step ahead of the police in this case you should be 1 step ahead of a hyip owner
I don’t know about all the negativity that is commented on Just Been Paid all I know is the program is well organized and is growing so fast that the company canmot hardly keep up with its growth. They are hiring programmers,managers,moderators and other IT personnel. I hope JBP outlasts the naysayers and even me.
Hey Frank! Good piece! But are you aware that the JBP owner put out USD1million cash challenge for anyone that would provide the mathematical proof that JSS/tripler is not “indefinitely sustainable”? Why dont you take up the challenge and prove this scam? that my candid suggestion. 1million bucks will change your life, man! you’ve been on this field for a while! Please help us!
new members stop coming = end of JBP that is the siple matematical proof you need:D
as u said that JBP end of day is near now is a month and some days u make that statement to prove u wrong
go to justbeenpaid.com.pt and discover te truth…
How much do restarts even take out of a larger account? Let’s say I deposit ten thousand dollars and a restart comes. How much of that will most likely be converted, even if I’ve been investing only for 1 cycle?
i think most percentage converted is 40% but i could be wrong. they do mention in FAQ that complete restart(100%) is possible. One of the mods says there was never a 100% conversion in the history of JBP but i doubt it.
40% PLEASE!! I CAN PROVE THEY TAKE 50-75%.
Here’s some details of how the reset affected me.
I originally bought 100 JSS-Tripler positions worth a total of $1000 at end of Feb 2012.
Just before the restart on May 25th, the value held in JSS-Tripler positions was slightly over $3300 (i.e. this is the amount I would have got if I simply let all the remaining positions mature and taken the money without compounding any of the profits).
During the restart, 47 of my positions were converted to 5 matrix positions. The JSS-Tripler earnings lost was only $118 dollars as the number of days left on most of those JSS-Tripler positions converted was relatively small. However, there is also some lost potential in that that those 47 positions were also worth a potential 11 matrix positions, when in fact I was only given 5. This amounts to a further loss 6 matrix positions, which depending on whether I intended to buy premium placements to speed up the cycling process would represent a potentail loss of between $180 and $360 (the former is less as your lost return would be lower if you bought placements).
The outcome of this restart was therefore that considering only JSS-Tripler earnings, I lost just $118 out of $3300 (3.6%), OR considering both tripler earnings and matrix positions I lost and between $298 and $478 out of $3300 (9-14.5%).
So, yes, there is definitely value lost either way during a restart and this is not made that clear on the website. This is another reason why its best to only buy new positions soon after a restart. Having said that, less than 3 weeks after the restart I already have increased my JSS-Tripler value up to over $3800 (considerably more than before the restart), and now also have 36 matrix positions worth a potential $1440-$2160 once they cycle. Therefore, not being a greedy person, I am very happy with the progress made. I see it as 5 steps forward and 2 steps back. As long as my overall path is forward I do not have a problem with it.
More details of my progress are given on my website forum at letmebefree.com
For completeness, I should add I also had 26 matrix positions due to expired JSS-Tripler positions just before the restart, worth a potential of between $1040 and $1560
So they only took 47 total? I imagine you reinvested a lot of your earnings, so how many positions did you have at restart? over 300, right? So that means only 47/330. is this correct? That isn’t a bad ratio. I’ve got $7000 and I’m waiting to invest. Studying it out
Thats correct. I went down to 312 active positions from originally having 359. And, yes, currently I am compounding heavily. A key point here is that it is not just the number of active positions that gets converted which is important, but also the remaining days until expiry (the earning power) for each one.
Justi you should understand there are these details that make an account “restartable” or positions inside an account “restartable”
there is a date announced …all accounts created after that date will not be touched at all by the restart (for example latest restart was in 25 may…all accounts created after 24 March were unaffected by restar regardless of how much money their owners had invested)…also even if you are an old member with a large account (those are the ones pretty much aimed by the restart:)…if you fit inside the investment protection period….you have some of the fresh bought positions safe) for example people who bought positions after 7 may…all the positions bought after 7 april until 25 may (the actual restart day) were not being counted in as restartable ….i may give the example for my acc…i was having 780 positions when restart hit…but 598 of them were bought after 7 april so actually 182 positions were restartable…40% of them were restarted cutting 73 positions and transforming them in the Cash Amount Due that was used to buy 5 matrixes …so basically from 780 to 707 positions …that is not so freaking dramaticall at all
I think frank here hate jss tripler…lol, but its the best programme to me…..:) LONG LIVE JBP
I LOVE JBP! IT’S PAYING ME BETTER THAN MY RPEVIOUS JOB!!! HELL IF THEY SCAM TOMORROW WHAT DIFFERENCE DOES IT MAKE WITH OUR UNSTABLE ECONOMY. I KNOW PEOPLE GOT HIRED ON A JOB AND LAID OFF IN A MONTH!..SO FAR IT’S BEEN 3 MONTHS OF GETTING PAID FOR ME WITH JBP AND I AM DOING A LOT OF REFERRING TO MAKE SURE NEW MONEY IS FLOWED IN TO JBP UNTIL THIS COMPANY GOES TO #1 ALEXA RATING AND HELL MAYBE FREDERICK MAN GETS A GOOD OFFER DOWN THE ROAD BY SOME BILLIONAIRE INVESTOR BECAUSE OF THE ENORMOUS TRAFFIC JBP HAVE AND CAN KEEP PAYING EXISTING MEMBERS!!! I MAY BE DREAMIN’ BUT YOU NEVER KNOW WHAT’S COMING FOR US!! BUT FOR NOW…I PRAY FOR JBP’S SUCCESS!! I LOVE YOU FREDERICK MAN! MWAH!
Just Been Paid definitely has been a Huge Game changer for us! We joined in December 2011 and couldn’t be happier! We pray it will be around forever but we agree with mariane, there are no guarantees in life and opportunities like Just Been Paid don’t come around too often! We’re convinced, that Frederick is an honest libertarian and he’ll die making Just Been Paid work. Google his name and you’ll find years of contributions from his work. He didn’t just come out of nowhere!
))
About the restarts: The most recent restart has actually been announced in advance, which caused us to make even more money! Plus our Matrixes from January forward are cycling like crazy right now. So it was well worth the wait
Jbp has over a million members as of now. How many will it hit before dies? 10 millions, 100 millions?
It cannot die because unlike pyramids, the math is in their favor. The restart insures they will last as long as they desire.
JBP is indefinitely sustainable because it converts whatever you invest into positions in a forced matrix after the 81 days. The only way for the matrix to cycle is if people continue to refer/invest money into the program. If the matrix isn’t cycling effectively/too many triplers in system, then reset kicks in and hopefully gets people to invest again by forcing their triplers into the matrix. Of course, the program won’t stay forever; authorities may eventually shut it down/hackers/force majeure or Frederick may decide to run off with the money, though that seems unlikely as the program is still growing quickly.
i’m newbie in JBP but is seen that i may last the way people contributed there
For 5-days now, I can’t withdraw from Justbeenpaid. Is it gone for good ?
People need to do a better job understanding JustBeenPaid before they offer any comments on this or other blogs. Two points I must make to educate people about what this is, and what it isn’t. First off, they company pays up to 2% daily. Not guarantees 2%, but up to 2%. That means if they have a slow day, they may only pay .000001% up to a maximum of 2%. That fact alone removes any possiblity of a ponzi being used. The second point is the restart feature. If at any time the company creates a situation where the numbers do not add up, they simply transfer that overage into a new pay structure and basically kick the can down the road. Therefore, converting a potential liability into a longer term asset. So if you really understand what Frederick Mann has created here, you will understand why many consider him brilliant. So before you post anything negative on this blog, make sure you DO THE MATH first!
its a scam…jbp is scam.
Dear how can you say that this JBP is the scam?
Have you any authentic proof to defend your answer?
If you have not authentic reason then please do not spread any kind of rumors.
Are you kidding me? JBP will not last forever. You think Frederick Mann will pay me a millions bucks to tell what he already knows? It’s a ponzi scheme.
If you go ask in the conference room this is what they will say:
1) JBP is a revenue sharing service AKA Ponzi Scheme
2) Money comes from other members ( Frederick Mann said it himself)
Also the restart ensures that program will last “longer” but not forever. It slows the program down a little bit but not much.
Listen to what I say, restarts will start coming closer together and people won’t be able to withdraw because everyone wants to.
Dan
still i have faith on jbp will last for for next year
Hi!
I’m not registered on jbp, but i’m relatively new on making money online. However i’m signed on 2 programs.. i’ve heard from jbp from friends.. but they say that i could invest on jbp but there are 2 more reliable programs to invest and that’s what i did.
From 3 weeks since my first investmet, things are going well, but to be honest i haven’t pulled any money from it because it’s too soon for it.
I hope jbp users get their money and i expect the same for me.
anyway if anyone is interested in learning more about a program i believe is solid, please send an e-mail to stblink@gmail.com or contact me threw skype username -> stblink1
congratulations Frank on your blog, i’ve subscribed and hope to get news from any investments that are good
Hi Frank:
I’ve been a member of JBP since fall 2011 and also have been paid well more than I initially spent. I have been paid $15 for every tripler position I have purchased for $10 – I have been paid $60 for every matrix that has cycled as promised, and much faster than any other cycler program that I know of online.
Frederick tells everyone that it is smart to never put in money you need and to make a plan to recoup your initial purchase money. That’s what I did and encourage all other members to do the same in any money making program.
About your continued accusations of being a Ponzi scheme. From my years of experience in the US legal field I know that there are 2 main components to a Ponzi scheme (as defined by SEC).
1- There is no viable product – JBP has not 1 product but multiple streams of income from various membership fees and products.
2- The biggest one, can be mathematically proven to be not be sustainable – it can be proven on paper or ‘the chalkboard’. On the other hand, JBP can be mathematically proven to be ‘indefinitely sustainable’ And if you Frank, can prove otherwise, I’d suggest you get over & submit your findings and collect the $1mil. bounty that is on the math formula.
in addition, normally in both ponzi and pyramid schemes, the original promoter is far removed from any involvement – where you can reach Frederick weekly on his phone calls.
will this last forever? who knows? can anything or any program last forever? nobody on this planet can say that with certainty. There are many outside forces that could harm or stop JBP – world disaster, World economic financial collapse, government interference, monatary system collapse (fall of Euro system). the payment processor’s could have problems. and of course, this program is dependent on technology.
“The sky could fall” “the world could end”…….
But lacking an unseen disaster, JBP will be around for awhile. And if JBP is formally accused of wrong-doing, I am sure it will be a long legal battle with one of the top US Law Firms (Jardene Law) defending JBP’s & it’s members the legal right to do business in the US, UK and Canada and other countries.
Jbp will continue to be a scam to me until they allow me to withdraw my fund. I’ve been trying to withdraw for the past three weeks without success. This is the message I get each time I want to make withdrawal: ‘Sorry, the overall daily limit for this payment
processor has been reached.
In order to maintain a balance between
available funds in the various payment
processors,
we have both overall and individual daily
withdrawal limits for each processor.
We recommend trying earlier (or later) in the
day, or at a different payment processor’. I try it every hour but it is without success.
This site smells scam. problems with wd,funds, placements of positions, matrix positions, daily earnings,….. and now they announce a restart….WTF??????’ Problems with servers? I DON’T THINK SO….There is no money to pay all people so they try to do all they can to not pay. This is the END of Justbeenpaid.
PATIENCE….. I’M BORED to listen this words every time they have a problem. We are humans and my the patience is finishing.
Can anyone please tell if the period between the restarts are getting shorter ?
Actually i found the info i needed. Isn’t it “strange” that the restarts come closer and closer from each other ?
4th Restart Details – Date of Implementation: July 2012
3rd Restart Details – Date of Implementation: May 25, 2012
2nd Restart : January 7, 2012
1st Restart: August 2011
that’s the bad sign already. It meant they are short of money. Maybe their other businesses is going down and don’t have anymore money to pay out to the invetors. So they hold on people money and blamed on the payment processors and get all the new money coming in and run away. What you need to do it to report to the police so they can monitor the web’s owner before he can take million dollars and fly away
That’s true., the problem now in justbeenpaid is more than a month already it means they are out of money.
I wrote an in-depth review of Just Been Paid and the JSS-Tripler on my blog. I’d post the full text here but it is over one thousand words so a link would be more suitable. Please check it out if you are on the fence about this program – http://www.penguinrungames.com/jbpreview.php
Stop deceiving your self and your mother fucker readers.Frank concentrate on your scamming business. Many HYIP you introduced us in your blog scammed my money and ran away. UP Justbeenpaid and Fuck your dam hyip blog
Actually George, i think you are a correct.
HYIP’s (pure-piramide based on money) aka R7 are useless and they go down pretty easily. I research alot on the web before investing in specific programs. To be honest, i don’t know why Frank still invest on them… thought i believe he thinks the same way.
I no longer invest on hyip’s, prefer other safer programs (even jbp is safer).
Frank writes his opinion which his entitled to. Of course he uses the word SCAM in every post just to get more visits, however it will lead to drive away the visitors, i agree with that.
Daily, for the past 8 days, (today is July 27) here, I tried to withdraw my money at JustBeenPaid and failed. Each time I received the same message about the limit being reached. I tried at different times of the JBP day, from beginning to end, and all the available payment processor options – payza (replaced by egopay), liberty reserve, perfect money, STP (recently). Now today my browser can’t load the site, must be down or something. Do you think JBP has finally closed shop?
I finally withdrew some money from JustBeenPaid after trying daily for 10 days. Some 48-hour delay in processing my received request since my deposit payment processor was Payza and I was withdrawing to Egopay (Payza was already dropped) Also, I was informed they need to do some fraud investigation as well. For your info, after deducting fees (JBP’s and Egopay’s), I received $91.74 net (withdrew at JBP $101.00, received at Egopay $92,92 gross, credited at my Egopay wallet $91.74). I guess the withdrawal bottleneck at JBP may only get worse as more and more new members get in. I have some active JSS-Tripler positions left after the re-start and noticed an increase in my JSS-Tripler account balance (must be from converted positions or something as this was way above my daily interest earnings). One thing I still can’t fathom is that I no longer have any JSS positions left (created when a number of my JSS-Tripler positions expired). Anyway, I’m in profit now and my worst fears did not materialize.
How long will JBP last. How do they invest the money you send or where does it go?
Well all I can say is what JBP did was very dirty and they should be ashamed of themselves. They fucked up and are punishing the older members. They should never have taken on so many new members as it is literally causing the program to self destruct. Rome took centuries to build but it was destroyed in a night. These idiots are destroying a good program in the name of greed.
well all i can say is as a new member that just put 200 into jsp i hope it last till i get my money back. plus i can afford to lose 200..so scam or not it is worth a try, you just cant get crazy an put your life savings into this or any other online program,,futher more i would not refer any1 to this if i lose i lose by myself without feeling bad for a friend or family member,,
I have been trying to withdraw money from JBP for weeks now, I have an unresolved support ticket dated 30 June. Impossible to get hold of anyone by email or even on the live support system. When you do get hold of someone, they resolve nothing. They just sugar coat their responses and offer no solid support.
It worries me that no matter when I try to withdraw money it won’t allow me because ‘the daily limits for this payment processor have been reached’. I have accounts with 3 of the 4 payment processors they use. It is simply not possible I can’t withdraw money into any of them at any time of the day unless they have no money themselves to pay…
Beatriz you will have to try multiple times throughout the day. I know its a PITA but it will work. It took me a few days to get the money I intended to pull out for the month ($800.00) but I did get it. Just have some patience and deal with it the best you can. Hopefully they are getting their shit together and things will start to run smoothly again like it use to. This entire mess is because they let too many into the program and can’t handle the volume. You’ll notice Payza also exhibited these same issues as well as some of the other payment processors. I wish they’d have some common sense and pull their heads out of their asses. But its all in the name of money. And the older members are the ones who are made to suffer (including the ones who aren’t in profit yet).
JBP has scamed me! If you wish to make money with JBP you must recruit or you will not get paid even if it looks like you have money coming to you. They will not pay you unless you have your own down-line under you!
The JBP scam will happen very soon now. For me I have lost money as they have yet to pay me! It is just another HYIP make to look like a MLM online investment club. I know some of you have make some money but am very, very sure if you reach out to all the people who have todate put money into JBP you will find 75+% of them have lost money or maybe just broke even at best. That my friends is just the true facts about JBP!
eventually you are the real scam against JBP. I thought you did not earn from it because you did not invest.
Please i just money in there now($100).
You think I will loose it? Please what can i do?
Andy
do not believe what others says. JBP is still paying 2 years ago
I wonder how actually the JSS gain money…..since i play forex…i only play forex
how does forex works?
Hello,
I have read every single comment here and some things I am not sure about. Some comments are flat out wrong due to lack of knowledge about JBP.
JBP can be very confusing. You must take time to learn how JBP works. I still don’t know it all. But what I do know is that thousands make mistakes on JBP. They have a live chat room and people are always complaining because they dont know how the system works because they are to lazy to take the time to learn.
My own experience with JBP is this. I started with 48 tripler positions that grew to 80 by reinvesting my earnings. Then came the “restart”. JBP only took 5 of my positions and gave me the cash value for them. I simply put it back into the program. Currently I have 101 positions making .20 cents during the week and .15 cents on weekends. Basically $20 a day and growing. There have been hick ups along they way like delayed payments or delayed positions being placed after I purchase them, but they have always corrected the problem without me making them aware of it. This means THEY ARE AWARE OF IT. They say it is because they are adding servers and it will shortly all be corrected. I believe them because they have never wronged me.
Will you make money? Well, my opinion is this. Starting with a hundred bucks is useless! I would start with a thousand now that I understand most of the system. The goal is to repurchase as much as possible until you get to the point that you can withdraw at least $100 a day or more and repurchase at least $100 (10 positions) a day. $200 A DAY TOTAL.
Why would you even waste your time for anything less. Some of these people make $50 over a month and then withdraw it. THIS IS A WASTE!
If you want to make the big bucks then you need to start with $1000 OR MORE. After one month you will have made $790, 2 months $2100, 3 months,$4250. During this time their should not be a restart. Most likely their will be one after 3 or 4 months. But by this time it no longer matters because you have several hundred positions and when they take some they will be converted into matrix positions where you will make $20 to $40 off of every cycled matrix. Just put the money back in to tripplers. So how long does it take to make $200 a day so you can take out $100 daily and repurchase with the other $100 if you started with $1000? ONLY SIX MONTHS!! After 6 months you will me making $220 a day and will have made approximately $16,000! From this point on it will explode! THIS IS HOW EVERYONE SHOULD BE WORKING JBP. If I could I would start with $10,000. But I don’t have $10,000…yet!
My advice, learn and master how it all works instead of asking questions that there are answers for right on the site.
If your not your waisting your time. This is just an opinion.
Hi Everyone!
Reading the comments above gave some answers to my questions and some needs an answer from me (probably). Being a member of JBP from a couple of months was confusing for me at the first time. But as time gone by and with the help of our Team in Ph, I completely understand how JBp works and our Team are up to date of what is going on with JBP because our leaders do attend the webinars and conference call from Mr. Fredd. Joel from the comment above has explained well on how to make pure profit with JBP. And before JBP belonged to a HYiP and it performed well. And for now for the questions how JBP maintain its good performance and how they sustain to pay the members is because JBP always find a solution whenever there are errors in the program or their system technically and financially. Just an update to those who are afraid or disappointed about the Restart feature. Just like you, at first I didn’t know what exactly how restart works. But when I had 100 positions and even affected by the last restart July 2012 was an amazing experience Why? Because some of my positions were converted into matrices (just like the example statement above) and now the other half of it were converted into CASH. For example, from 100 positions 40 were affected by the Restart and from that 40, 10 from it were filled into my matrices and the other 30 positions that would earn me $15 each x 30 = $450 that is almost half of my investment that converted into funds that usually takes up to 81 days to reach this amount. I invested before the restart on the same month but wow I already had 45% of my initial investment after a week! So who says a restart is a bad idea for JBP? And about your withdrawal problems you had in the last few weeks or months, it was not JbP’s fault if STP (solidtrustpay) was attacked by ddos and if Payza decided to refer Egopay as their replacement to JBP. It was the payment processors problems not JBP. And of course not all online programs are perfect. Even Facebook have their own maintenance schedules not even updating users right on time. The JbP has always been updating its members from the conference and members area’s page with an organize updates you can select from if you have troubles in your account. And as of now their is another maintenance but the site is still accessible, you can still withdraw and buy positions or fund your account. If there are delays just be patient because everything will be alright and back to normal as it was after the successful transfer of JBP and all data, accounts and all in all progress to its new home. You can take a look http://www.profitclicking.com but this site is not yet fully functional we will be informed when we can use this new home. And before I forgot, an addition to the question how JBp sustain to pay us, is the new feature Traffic Exchange. If you know about traffic and advertising then you don’t have to ask me what it is all about coz seems my statement here is too long haha and there are more features to come. For JbP members you can check that in your account at members area under Important Announcements and check at Upcoming Projects below the box. Again, I do believe that nothing is permanent and nothing is perfect in this world, but I also believe that as long as we are alive believing and breathing we can still pursue to do things we want and pamper ourselves. That is just the same with JustBeenPaid trying to make their program better, their servise faster and their business live longer so my adviice is also JBP “JustBePatient”.
why JSS restart ?
Olivier
For a week now, i have not been my %2 interest in JBP. and am a kind of confused over the whole thing although my dailly interest is $23. I and i hav trying to widraw the change i have there but the keep on telling that the limit for the payment proccesor has reached. I use LBR, PLS WHAT SHOULD I DO NEXT?
where is conference room and all those who have been telling us to be patient while we were complaining about getting paid. they should come and give us feedback. no one seem to come forward and provide the reality of getting into buying positions,cause the pro blem started a while ago.why did Fred. Mann kept quiet while pay prossessors made it difficlt for his client to withdraw.because they were letting down even jbp.he should intervene if it is not in similar idea of scamming.peoplke will be looking at their $$$$ like in Royalty7 where you cant withdraw.moderators help you know how to talk with Mann
Well. Easy come. Easy go!
that shit
well I guess we all can have our own opinion. I been with JBP since it was pretty much started (before they even had jss tripler)I compounded for 1 restart and saw they took way to much so I never compounded again. I only buy when they give the ok(usually 1-2 weeks before restart) to like a week after then I let it build & I did this like 10 times now and have over $25,000 each time I put back in so that left me with half profit every 3 months not to bad huh. Now that they sold its only 250 per withdraw so hope they get back to where they were once again. Also I only started with $1000 so I made a very nice profit already.