Traderj

Not that I'm questioning your point of view, as I'm not. But what benefit is there for someone to DDoS your site or any other site ? I mean obviously it's annoying but other than that, what can they gain from it?? I am just asking as I've never understood the reasoning behind it.

Jude

MMn, I just posted a private link to Legisi's current forum. They might not want other people to know about this, so yea, the DDoS starts. That's always the possibility.

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Optional

Attacks against naysayers who's sites dont make a lot of income probably do shut some people up.

picard

Thanks for the consolation and prophetic advice both here and on TG (Voyo)...

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Jude

I'm sure alot of damage is being done on members who've joined Legisi. How're you doing picard?

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picard

Depends on how you define 'damage'. If you mean damage from Legisi, then no, not any of that. Greg has lived up to each of his commitments. The only caveat is that he always seems to underestimate how long changes to his website are going to take. I have $22k with these guys and I'm a small fry compared to a friend of mine. We and the other members (as far as I can tell) are extremely happy with the program though a lot of the FUD that was flying about the last few months did cause some of the members to experience more stress than they'd like. Then again, many (myself included) were confident that the recent closure of the site would follow Legisi's historical trend: namely that it would be back, but later than they originally estimated. This assumption, as most know by now, was validated last week.

The e-gold seizure thing was blow way out proportion IMHO. Greg did in fact mention this to the membership in May and even disclosed the amount long before the court doc's came out around this. I can see however why non-members would make such a big deal about this because they didn't have as much info as the membership had if they were paying attention.

As for the thumping folks like me got for simply pointing out our interpretation of the events that were unfolding, then well, yes, we did get thrashed quite intensely. This is all water under the bridge as it doesn't really matter much now.

They'll be plenty of "see I told you so"-like posts if the program encounters any other issues in the future, but the fact remains that the Legisi-bashers jumped the gun this time around.
.

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Traderj

Oddly enough the more of the changes I have seen with the rate being lowered to 6% across the board, and the ten day wait for withdrawals actually make the program seem MORE legit to me. There is always a time delay in getting money from trading accounts as any real trader would know, add to that the time to deal with the exchangers ten days does not seem unreasonable. Plus lowering to 6% (as much as I still hate a fixed rate) is much more doable even with a much larger capital base. The futures trader that handles the pooled fund I manage actually has earned 76% return in the last three months, so roughly 25% per month, but there is no question that he will not be able to keep that up for the long term...but 6%? More than possible for any legit serious long term trader... the question is only the size of the capital, the larger it is the harder it is to move around and earn on. Warren Buffet has often said the biggest issue he has is moving the size of positions he needs to earn money he is happy with.

The only thing that still bothers me is the big "secret" around what he is doing. There is the vague reference to commodities etc.. but if all is above board and legal and so many current members feel, I wonder why there is so little info about his actual income earning activities... still a big red flag to me. But it's simply my opinion and everyone has one.. just like.. well you know....

mbongwe

I wish there was a real business which can guarantee me 6% monthly risk free. I would invest all my money and retire tomorrow, seriously.
Legisi offer is not realistic and has never been. The current tries to make it more realistic are just results of the pyramid life cycle.

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4ebl

Funny how you say that 6% is unrealistic yet you promote Th Shark Investor Picks which returns 50 to 100 % ROI per year. That's the range that 6% gives you (72% not compounded and 101% at 100% compounding). Legisi never provided guarantees, nor does your promotion. So what is the dif?

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makila

Actually 6% per month is very tough, but possible, in my opinion. The 20% legisi promoted before they went private IS NOT. Banks most often have an average of 1-3% a month so risk double and 6% can be achieved ..