Make Extra Money Online Using Paypal - Updated
It seems like people are still searching for ways to make extra money using paypal. From my research, the number of searches increases, much more than make money online. It must be because of the chain email which I mentioned in my previous post about make money using paypal. Now I’m not saying that this scheme doesn’t work, what I’m questioning is the way it works. In the email, it even says that paypal verified this scheme as legal. I don’t know whether that statement is a genuine paypal statement. I doubt it though. There’s a hint of pyramid scheme involve in this type of make money online technique, and paypal hates pyramid scheme. Let me show you how this make money using paypal scheme really looks like a pyramid one
You start off by giving $1 to six people whose emails are listed on the chain email that you got. Then what you do is, you replace one of the email with yours, and send the same email to hundreds of newsgroup, mailing list, forums, friends, relatives and practically everyone who’s using the Net. So assuming everybody that gets your email really follows the instruction and decides to give you (and the rest in the email list) $1, we’re talking about thousands of dollars from just one level of the cycle.
That doesn’t stop there. If each of your 1st level ‘referrals’ decided to repeat the process again, you’ll get thousands more. And this process will just repeat itself for 6 levels of referrals. So you can imagine how much money can be accumulated from one level to another, and it just keeps growing as long as your ‘referrals’ keep giving $1 to you and persuade others to do the same. $1 might look nothing, but if 10,000 people are giving it to you for free, would you not do it?
As many other pyramid scheme, it only works if your ‘referrals’ are generously doing all the job for you while you’re sitting at home doing nothing except counting all the money that’s coming in. So if you want to make money using paypal this way, which I don’t recommend, you’re gonna make sure that everybody’s gonna bite your bait. Well, I’m not into this scheme at all. I hate pyramid scheme and I don’t want to promote it anyway. If the chain mail of ‘make money using paypal’ comes into my inbox, I’ll just delete it and end the chain. Tough luck for those who tried to lure me into giving them even $6 
Why don’t you lot get into proper business online? Make money using paypal by setting up an online store and sell your products the normal way. You’ll have much fun this way. Trust me, I’ve sold quite a few stuff online and I couldn’t be happier doing it. Either that or involve in selling affiliate products and niche blogging. Whatever make money scheme you want to do, just make sure it’s free from this wishy washy stuff, ya?
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Comments
This sounds like an absolute scam. I know people buy mailing lists to do similar things. It’s a pyramid scheme, as the above poster has said and only those at the top benefit.
Ditto the above comments. This sounds like a ponzi scheme - name after Charles Ponzi who duped thousands of New England residents in a postage stamp speculation back in the 1920’s - much like the ‘rob Peter to pay Paul’ pyramids of later times.
This used to be really popular years ago - I remember getting one of these when I was a teenager and thinking it sounded great (more fool me!). I sent my money but unfortunately that was the last I saw of it. It’s a scam unfortunately.
You can’t define a pyramid much better than this. I am sure PayPal would cancel accounts involved in it, once they know about it.
Like you said, start a real online business. There are so many ways to make money in legit ways, with a real product or service that people really use.