Julian Dibbell <[EMAIL PROTECTED]> wrote:

> which we can round down to $10 for simplicity's sake. Remember, though,
> that the path of that $10 from one end of the e-gold system to the other
> generates more than just a single $10 spend. First the in-exchange
> entails a $10 spend from a market maker's account to the investor's
> account. Then the $10 goes into the HYIP's account, for another spend.
> Then it comes out of that account as payouts, for another $10 worth of
> spends. And finally, it leaves the e-gold system as yet another $10 worth
> of spends to market makers, for out-exchange. Total value of spends per
> day per account: $40.

In my experience [*], the path followed is not exactly this one. The 
payouts from one HYIP are many times invested again in another HYIP or even 
the same HYIP again (to show their 'confidence' in the program).

This would mean that the total value of spends per day per account would be 
closer to $25 or $30.


> 75,000 HYIP accounts X $40/day = $3 million ...or pretty much *all* e-gold
> velocity.

75,000 X $25/day = $1,875,000 = 62,5% of 3 million
75,000 X $30/day = $2,250,000 = 75,0% of 3 million

This sort of makes sense: based on your estimate of 75% of the accounts 
being involved with HYIP's, this makes up for 60%-75% of the total velocity.


Edwin

[*] This experience is mainly from the early days of the e-gold HYIPs, when 
sites like DigitalStocks, EMutualFun etc were around. I haven't really been 
involved after that, but I doubt patterns have changed.


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