10 Oct 2022
Cash app $100 to $800! Have you heard about this by just sharing an offer to your 8 friends or relatives to get converted into 800$? Then you should take it hard as money matters.
You should not west your hard-earned money on such deals.
First of all, these are offers created by spammers to make your mind fall for them.
And just after the large game start by the very first step.
As per the requirement made by the spammers you have to donate something each time to move to the next level.
You must have seen a friend on social media saying you to “bless” someone with just $100 and in return get $800 back on the same day. They may refer to this as a blessing loom offer.
Or perhaps you’ve seen friends asking you to send a gift to someone in order to get eight gifts back to a gift circle.
All of these requests have one thing that you need to notice they are pyramid schemes just like; you are familiar with the pyramid structure of dependence in the food chain.
At some point (sooner than later), they crumble, and many people who participated end up losing their hard-earned money or possessions into it.
Before I go deep into the $100 to $800 Cash App scheme, it’s important to know how the app behaves and works. Cash App is a legitimate money financial assistance app.
Using it one can easily receive, transfer and open a new account and use it for further needs.
Many users use it all the time to get free cash Boosts, send money to friends and family, and invest in Bitcoin and stocks. And much more in their day-to-day life needs as well.
It needs very set up on your phone as Cash App is useful every day.
New members can get a free cash bonus for entering referral codes here is one for you JSMTBXW after signing up.
As all of you are aware that the Cash App is not a scam. Scammers will use it as a host to target unsuspecting and naive users.
The best way to deal with Cash App scams is to only send money to people you know and trust.
If a stranger promises to “flip” your money within go for you, then just block them at the same moment.
Don’t take the risk of losing your hard-earned money in some quirky tricks.
While there are a lot of real ways to flip money on Cash App, this scam is not one of them. The Cash App flip of $100 to $800 is a pyramid scheme. i.e. when you are at the top you will with the 800$ unless and until there is a very chance of losing money accordingly.
So be careful while going through it.
To directly jump into the scheme, one person may post an exciting request for friends to join in on a “money circle” or “blessing loom”.
The social media algorithms show posts first to close friends and family, as you’ll end up duping the people whom you care for most of the time.
Basically, the post states that if you join the loop and bless someone with just $100 and then repost the original message that you have and you’ll get eight payments equal to $100 for a total of $800 repayment. Sounds pretty easy, right?
The actual reason for this is doesn’t work in the long run as somewhere down the line, the chain breaks. Let’s say the first person actually starts to get eight friends to pay $100.
Then, each friend reposts the same message and gets a handful of friends to pay them the same as earlier.
By the third, fourth, or even fifth round, there will be hundreds of people at the bottom. Which is taking the shape of a virtual pyramid.
And those who will send $100 have not gotten any payments in return for that as they are in between the chain.
Basically, you can say that; those at the top of the pyramid will ultimately be “blessed” by all of the “losers” at the bottom by their contribution.
The same goes for the gift circle and book shower as we have mentioned previously. While the original information regarding the schemes often encourages participants to “give without expecting anything in return of it”.
But, it’s still built on the premise that there will be a reward for their action on it.
You may have seen well-meaning friends of yours join in on these schemes. hoping to “bless” someone and in due time be blessed as well.
The instructions are explained. In such a way that the Cash App $100 to $800 and similar “blessing loops” sound so believable in the first sense.
But they just can’t work furthermore. They will always fail somewhere following down the pyramid structure. That just might mean that you’re the one going to lose $100.
Or you may be setting up your friends and family to lose their money if you join in the circle and encourage them to follow your lead score.
To some, sending Cash App $100 to make $800 is another kind of risk they are willing to take. But to others, losing that $100 could feel devastating and setbacks.
You might be wondering as is it a bad thing to risk $100 for the chance to get $800. After all, it’s not that much if you lose in the end.
Maybe to you, it’s not a lot of money. But the majority of people who fall for this scam are in a hard financial position. So they try to get some more from the less or none.
They think that they could just able get $800. As it would put food on the table or new shoes on their kids’ feet. It’s one of those people who going to scam this method.
To join in on this $100 to $800 Cash App circle it would be preying on the people who are willing to give up their last bit to get the whole cash in the hope of a brighter future.
Regardless of whether or not you think the risk is worth it to take. You just need to remember that gift circles are illegal, and it’s best to stay far away from them at any cost.
So, Don’t encourage your friends and family and anyone else to join in such Cash app $100 to $800 ridiculous and fancy schemes. Instead, be aware of it. Also, spread the information to others too, and research legitimate ways to flip money for sure.
As people believe that there is a fine line between real and fake ways to flip money. But as long as someone never hands money to a stranger, and trusts the people they pay. Till then only you are using Cash App in a safe manner.
There are some real Cash App money flips. For example, sometimes you can flip $5 into $10 when you sign up for the first time for the account. And you can claim your new user bonus also.
Scammers or third parties will claim to have the ability to “flip” your money. Promising You to increase your money if you first send them some funds.
The $100 to $800 Cash App flip scheme is a third-party scam and isn't real. This is because there aren't enough people or the base.
Get Your Money Back If You Were Scammed on Cash App by following ways;