31 July 2010 - SMI™ Talk

SMI™ Talk: MNO vs HYIP.com

Greetings from the beautiful tropical country, Malaysia! I’m sorry I haven’t posted much updates the last couple of days, but now I’m back and the Internet is running as usual again.
I’ve been reading extensively (whenever my Internet works actually. Lol) on news and updates around the industry, specifically the issue encompassing the fight between the two biggest and oldest monitors/blogs in the industry: MNO vs Hyip.com.

Before I start, have you heard of the story “Clam and Crane”?

It’s an old Chinese story that depicts the fight between a clam and a crane, both of which were

reluctant to give in to each other. It was a fight of will that no one would win.

After squaring off for several hours with seemingly no resolution within reach, an angler (or fisherman) walked by and noticed the two. A bright idea came up.

He walked up to them, and grabbed both the Crane and the Clam, carrying them back home to prepare a sumptuous meal. Talk about good luck eh?

So anyway, what I’d like for you to take home from this story is that it doesn’t matter who’s in the right or wrong – none of either two will benefit from an unhealthy fight. And considering the fact that these two monitors are the biggest, and arguably the oldest, sites with perhaps the most following as well, it simply isn’t doing the industry any good when they have childish competition.

I know it is not my place to comment on the legitimacy of this argument, but I do consider it my civic duty (to this industry as an investor) to strike and to invoke the awareness of other investors of the crippling effects of such a fight.

Impact on HYIP industry

Investors are always the ones who bear the brunt when fights between monitors occur. Note, however, that a competition and a fight are two similar, but totally different things. A healthy competition between monitors usually serves the purpose of inducing competitiveness and, subsequently, higher quality monitoring services. This is the norm in our society.

On the contrary, an ugly fight, such as the one we’re discussing, simply helps no one. It doesn’t concern me regarding the validity of all those rumors about MNO being the bad guy and HYIP.com is the actual victim – I’m just concerned about the investors’ welfare.

How do such fights affect the investors, you say?

Well, for one, miscommunication is a huge, HUGE issue. We’re looking at monitors, who are supposed to monitor the real status of a program, reporting misleading information due to personal interests! If even a monitor couldn’t uphold their value, why should we even seek their services?

The basic working layout for this industry is based upon trust and faith. We need reliable and trustworthy people for the industry to operate. Why should we condone such unhealthy practice amongst monitors if it could potentially pose adverse effects on the investors’ interests?

For example, CherryShares, one of my top recommended programs, was previously caught offguard by malicious threats from one of the monitors. While I can’t distinctly recall much of the exact words used, the content goes something along the lines of if CherryShares wishes to be monitored by either MNO or HYIP.com, it has to choose one and one only.

This is just junk dirt pulled out of a monkey’s butt. (pardon me for the use of language), but I really do not see any point of employing such dirty tactics. Both of these monitors are reputable sites with long standing record of commendable work. Yet to see them fighting over who deserves to monitor one particular HYIP is simply outrageous!

The core message here is please do not be misled by such petty arguments. I have noticed that both MNO and HYIP.com have allocated a lot of time towards condemning each other. Right now, perhaps most investors would see it as an interesting story, a court jester’s play to entertain the industry, but in the long run, there will be some adverse effects on the industry, if we haven’t witness the aftermath already.

Thanks for reading and that’s all for this week’s SMI™ Talk!

See you tonight with more industry news!