This shit:
...is going to blow up in everyone's face at some point, and it
will inevitably be blamed on crypto / Bitcoin itself, whether that's justified or not.
That said, for now, there's plenty of additional buying pressure, part of which might be due to the above activity, and that's going to influence price. Just as before: whether one likes that or not. Simply put, there are not 'good' or 'bad' trend factors in a narrow sense of market analysis.
Summarizing, a) I think something like MMM is absolutely vile (and I wonder why Facebook isn't shutting that community site down); b) the people that fall for it shouldn't be ridiculed, but educated / convinced that it's a bad idea to particiapte; c) an uptrend is an uptrend, even if it's influenced by less than brilliant reasons.
Actually I am warning them but still they insist MMM pays and its legit, then stopped cuz I realized I am just wasting my time arguing with idiots 
I also can't wait to see them whining when that ponzi owned by a criminal will collapse
