A little more than a year ago I made an entry about Studio Traffic
, about how such business have no solid base and can't make no money. Today, I just found out that the website itself dissappeared and turned into something called myFileHut.com that offers free image and file hosting. How oddly obvious?
Curiosity and procrastination has brought me into Googling the latest news. Secretly laughing out loud inside repeating "Told you so". So anyway, I digged up some rather interesting news (and somewhat odd).
For those of you who doesn't know what StudioTraffic is, here are some quick links. http://www.studiotraffic.co.uk/
- A Uk website with some pretty good coverage of the aftermaths. http://en.wikipedia.org/wiki/Studiotraffic
- A pretty messy explanation, loads of grammars mistake as if it was done by some pretty unstable members of Studiotraffic who had their money stolen. http://www.answers.com/topic/studiotraffic
- A very good overview of the whole StudioTraffic. You should read this if you have no idea what I'm talking about until now.
Doing a trend-region study on Google return this interesting details
. It appears South East Asian countries are the worst hit.
I don't know how to say this, but really. How can anybody be so stupid? I know I've probably asked this more than a million times, but I can only think of these:
1) Making money online is so COOL
. - It's easy and you don't even have to leave your house. You can even make money in your underwear.
2) The so-called "John Horan" was very CONVINCING
. - Okay, I got to admit to this one because I actually took the effort to study it's business model after reading his writings. He has a way of selling himself that even my mom would buy without second thoughts.
3) They don't know how to do MATHS.
- The only reason I didn't believe this "scam" has everything to do with my mathematical ability and has totally nothing to do with my common sense and/or instincts (which I'm terrible at). As mentioned in my blog entry a year ago, I calculated using complex calculations (brag
) and advanced numbering series (brag
) along with Euler's partial differential equation (brag
) the amounts of money involved in this business structure (brag
) and it's flow patterns (brag
). And then I compared them to what "John Horan" has said, it didn't made any sense at all. See, Maths is for love and not hate.
4) Strong StudioTraffic SUPPORTERS all over the Internet
. - this has to be one of the most fascinating thing that I've ever come across (I'm still very impressed). A big supporter / fan / cheerleader club for a SCAM website. Anybody who initially regard it as a scam would believe it's real if so many people are defending it. It goes with the saying: "If everybody believes it, it's bound to be true!
" It's like religion.
That's it, its' a religion.
5) The power of WORD of MOUTH
. - "John Horan" obviously played the game very well, I'm not entirely sure how but I've received many recommendations from friends and relatives. They came to me only to be dissappointed when I told them it's a scam (having to explain with graphs and diagrams (brag
)). I think this says a lot about building a network-based business. See, POWER of Networking!
6) They are Young, Naive and Ambitious
. - As opposed to old, lonely and seeking attention. I might be wrong here but I'm pretty sure nobody will easily believe this form of scam again.
Well, I guess the supporter (part 4) can be reasoned by people who have actually "invested" some money and really can't bare to realise that they have been cheated. It becomes a sensitive issue and they form a cult-like army.
I know whatever I say here may potentially offend many especially those who have been faithful to the programme. I can't help but feel sorry for them (and writing this entry). A little community service brought to you by me.
, studio traffic
, ponzi scheme
, make money online