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Topic: MMM ponzi effects? - page 2. (Read 3700 times)

legendary
Activity: 2282
Merit: 1041
November 08, 2015, 04:45:55 AM
#27
they'd act as if not really scamming during their start but it will soon show its real colors. they're PONZI!
legendary
Activity: 1912
Merit: 1020
November 08, 2015, 04:44:12 AM
#26
is MMM still paying?
I not participant, and can't prove it )
m3
sr. member
Activity: 460
Merit: 250
November 08, 2015, 04:25:25 AM
#25
Bitcoin made rocket after 8/10 - after opens Gemini exchange. So, I'm sure what MMM have only collateral effect for current trend.

is MMM still paying?
legendary
Activity: 1912
Merit: 1020
November 08, 2015, 04:24:04 AM
#24
Bitcoin made rocket after 8/10 - after opens Gemini exchange. So, I'm sure what MMM have only collateral effect for current trend.
sr. member
Activity: 434
Merit: 250
November 08, 2015, 04:16:36 AM
#23
Even MMM was reason why bitcoin price raised a lot & dropped a little, i won't support/invest in MMM.
I better trading and get profit than risk my bitcoin in shady investment.

Also, i'm sure MMM members who bought bitcoin aren't bitcoin supporter, and they eventually will sell their bitcoin, and make bitcoin price crashed again.
Furthermore, more people will think bitcoin is kind of ponzi scheme Angry

I agree with that totally. As a Ponzi scheme, MMM will collapse eventually. The collected bitcoin will be sold to the market again. Maybe some of the coins have already been sold by the top level attenders.

Do we know the total number of bitcoins inside the MMM scheme?
legendary
Activity: 1834
Merit: 1036
November 08, 2015, 04:01:21 AM
#22
A post on forums like this is one of the many compulsory activities, along with YouTube vids etc., that MMM users must complete in order to qualify for the Mavro Extra rate of 100% a month, otherwise they're stuck on a measly 30%  Roll Eyes
MMM is not just a Ponzi. It's also a multi-level marketing pyramid scheme, with a downline and heavy pressure on participants to promote it.

There is no pressure to get a downline, everyone can earn even if they don't have any downline at all but they will earn more if they have a downline since they will be promoted to a higher rank (1K Manager and 10K Manager) with higher % earnings from the downlines. The members of MMM are so blinded by that "no sponsoring" scheme and thats what makes them think it's legit, which even makes it more questionable if you ask me. It's a very clear ponzi.
legendary
Activity: 1204
Merit: 1002
November 08, 2015, 03:46:06 AM
#21
A post on forums like this is one of the many compulsory activities, along with YouTube vids etc., that MMM users must complete in order to qualify for the Mavro Extra rate of 100% a month, otherwise they're stuck on a measly 30%  Roll Eyes
MMM is not just a Ponzi. It's also a multi-level marketing pyramid scheme, with a downline and heavy pressure on participants to promote it.
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
November 07, 2015, 01:07:30 PM
#20
Cheesy So many trolls and shills trying to convince potential investors that bitcoin is only going up because of a ponzi scheme  Cheesy

I've noticed tons of strange new accounts that make a single reply and have the MMM thing as signatures. Did anyone see this as well?

A post on forums like this is one of the many compulsory activities, along with YouTube vids etc., that MMM users must complete in order to qualify for the Mavro Extra rate of 100% a month, otherwise they're stuck on a measly 30%  Roll Eyes

Just report them as spam, they get nuked pretty quick.
hero member
Activity: 560
Merit: 500
November 07, 2015, 01:00:11 PM
#19
Amazing how many bitcoiners think governments actually give half of a flying fuck about them. Self-important much?

Amazing how many paid shills and trolls try to convince people that the government and their criminal too-big-to-fail banks aren't threatened by a system that has made them obsolete!  Troll and bullshit much??
hero member
Activity: 560
Merit: 500
November 07, 2015, 12:33:56 PM
#18
Cheesy So many trolls and shills trying to convince potential investors that bitcoin is only going up because of a ponzi scheme  Cheesy

I've noticed tons of strange new accounts that make a single reply and have the MMM thing as signatures. Did anyone see this as well?

Government paid trolls everywhere trying to convince people that Bitcoin is a ponzi, or that bitcoin is collapsing because of a ponzi, or that bitcoin is connected to a ponzi and therefore FUD.  That is all
newbie
Activity: 1
Merit: 0
November 07, 2015, 12:31:04 PM
#17

I've noticed tons of strange new accounts that make a single reply and have the MMM thing as signatures. Did anyone see this as well?

I can't say I've picked up on that myself.
hero member
Activity: 700
Merit: 501
November 07, 2015, 12:25:15 PM
#16
Cheesy So many trolls and shills trying to convince potential investors that bitcoin is only going up because of a ponzi scheme  Cheesy

I've noticed tons of strange new accounts that make a single reply and have the MMM thing as signatures. Did anyone see this as well?
newbie
Activity: 56
Merit: 0
November 07, 2015, 11:51:07 AM
#15
Cheesy So many trolls and shills trying to convince potential investors that bitcoin is only going up because of a ponzi scheme  Cheesy

Most here couldn't care less if Bitcoin is or is not a Ponzi -- this forum even has a section dedicated to Ponzis, where the most afflicted of degenerate gamblers willingly go to lose (that is, lose faster than they already are by simply holding Bitcoin).
The problem's not Bitcoin being a ponzi, but the fact that it's a collapsing Ponzi.
Therein, Jarhead, lies the rub Undecided


               Bro, do you even Ponzi?
hero member
Activity: 560
Merit: 500
November 07, 2015, 10:43:20 AM
#14
 Cheesy So many trolls and shills trying to convince potential investors that bitcoin is only going up because of a ponzi scheme  Cheesy
sr. member
Activity: 303
Merit: 250
November 07, 2015, 06:59:33 AM
#13
it's not only in China that MMM is expanding, Philippines also have a lot of MMM followers, they even have this physical branch now in different places.

MMM will go down sooner or later.
I only hope Bitcoin's price does not plunge along with it.

The sooner the better, so that those MMM evangelist will wake up in reality that what they are preaching is nothing but ponzi

With a possibility of earning "100%" in a month, this is going to close very quickly. Smiley
legendary
Activity: 1344
Merit: 1006
November 07, 2015, 06:52:01 AM
#12
it's not only in China that MMM is expanding, Philippines also have a lot of MMM followers, they even have this physical branch now in different places.

MMM will go down sooner or later.
I only hope Bitcoin's price does not plunge along with it.

The sooner the better, so that those MMM evangelist will wake up in reality that what they are preaching is nothing but ponzi
sr. member
Activity: 303
Merit: 250
November 07, 2015, 06:49:47 AM
#11
it's not only in China that MMM is expanding, Philippines also have a lot of MMM followers, they even have this physical branch now in different places.

MMM will go down sooner or later.
I only hope Bitcoin's price does not plunge along with it.
legendary
Activity: 1344
Merit: 1006
November 07, 2015, 06:38:25 AM
#10
it's not only in China that MMM is expanding, Philippines also have a lot of MMM followers, they even have this physical branch now in different places.
sr. member
Activity: 392
Merit: 250
November 05, 2015, 12:06:34 AM
#9
Keeping an eye on this for changes in frequency. I'm sure there are actual chinese video sites that would be better to sample... but I don't know them.

sr. member
Activity: 392
Merit: 250
November 05, 2015, 12:03:01 AM
#8
member of those MMM ponzi scheme will just buy and sell Bitcoins, they don't keep those Bitcoins since they just send it to another address then wait for week then request for withdrawal with interest then exchange since Bitcoin is not that mainstream yet in China.
From what I understood, they would not get the returns immediately, so could be sometime soon. Also highly depends on when the ponzi operator cashes out. He could dump his holdings too.

1 week is the soonest that they can dump Bitcoins, the longer they don't withdraw the bigger the interest, that's why some have multiple accounts there. If i'm the ponzi operator, I can easily assign my BTC address to anyone and they will send Bitcoins because after a week, they can withdraw with interest. It's a circle.

If there are more people contoniously participating in the Ponzi, then yes it will run like a circle and will keep the price of bitcoin stable for the entire time the ponzi lasts for. However logically price should still decline and not increase because of the ponzi.
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