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Topic: [Mpex.co] The Scientology of Bitcoin Finance? - page 13. (Read 27619 times)

hero member
Activity: 756
Merit: 522
So you get paid 12btc per month to sit on your ass and insult people over the Internet? Damn. Living the life.

Not people. You.
full member
Activity: 210
Merit: 100
...
Mpoe recruits noobs to "invest" in mpex. After the noob pays 30btc to join this scheme he has 2 options.
...

30BTC is $30k.
If MPex does indeed fleece people, it's not the poor & the downtrodden that get fleeced.  Thanks to the 30BTC fee.
Those who think it reasonable to part with $30k just to be able to start trading either don't need your financial advice or are beyond help.  So, what are you doing here?   
hero member
Activity: 770
Merit: 509
Sorry I'm not able to access your shitty blog and definately not going to pay 0.01 to read it.

Can you just answer simple questions? We want a number of users who payed the registration fee. A single number shouldn't be too hard to provide or even a rough estimate would do.

But linking your shitty blog expecting me to pay 0.01btc to wade though the nonsense is not going to happen.

I'm sorry, I cost 12 BTC a month. I don't entertain requests coming from 0.01 BTC noobs.

So you get paid 12btc per month to sit on your ass and insult people over the Internet? Damn. Living the life. I would have applied for the job knowing I would get paid to do nothing. Although I don't like to participate in scams for moral reasons I could use a new boat.

If mr popescu is looking for another troll to surf the forums and advertise/recruit wherever possible I would love to apply for the job. I could post twice as many insults as mpoe pr but honestly I doubt I could make mpex look as bad as your pr does even if I tried.
full member
Activity: 224
Merit: 100
This thread is full of misinformed idiots attacking MPEx as a scam without understanding what it is.

"How is this possibly valued so high?" - It is a bitcoin based business which earns income in bitcoins and has a track record of surviving attacks by starting with strong security from the beginning. It earns income, pays dividends, gives monthly reports.

"Where is it possibly getting any income from?" - They publish reports every month detailing things like this. Go read the monthly report to find out. Registration fees, trading fees, option fees, etc.

"It costs 30 btc to sign up, why would anybody use it?" - People use it because it works. If you do not want to pay the 30 btc registration you can use a broker like CoinBr to avoid the registration fee.

"But it is trading at a PE of 97, why would anybody buy that?" - This is bitcoin, a deflating currency. For a steady company it makes sense for the yield to be very low, since you are gaining value on top of the bitcoin you started with. The only reason all the other stocks are trading at such low PE's is because of the huge risk factors. MPOE is seen by the market as being low risk, therefore there is a high PE. Also, people are buying in for the amazing potential future profits; there are just a few stocks listed now, but as the serious financial types from around the world get into the bitcoin space, more listings will be added.

Mpoe bagholder? You, like mpoe pr, are great at hurling insults without actually explaining anything. I can make a site with 50btc reg fees and claim it is because it works but without any evidence it is all bullshit.

I have actually come to a further understanding of how mpex.co works and please correct me if I'm wrong.

Mpoe recruits noobs to "invest" in mpex. After the noob pays 30btc to join this scheme he has 2 options. He can gamble against the infamous mpex robot and most likely lose or he could join the club and invest in s.mpoe and take part in collecting noobs losses. Profit is derived directly from the losses of idiot investors which were recruited to the site.

Totally legit 1 billion company amirite?


They don't give a fuck. As the old saying goes: Nobody ever went broke underestimating the intelligence of the American public.
hero member
Activity: 770
Merit: 509
This thread is full of misinformed idiots attacking MPEx as a scam without understanding what it is.

"How is this possibly valued so high?" - It is a bitcoin based business which earns income in bitcoins and has a track record of surviving attacks by starting with strong security from the beginning. It earns income, pays dividends, gives monthly reports.

"Where is it possibly getting any income from?" - They publish reports every month detailing things like this. Go read the monthly report to find out. Registration fees, trading fees, option fees, etc.

"It costs 30 btc to sign up, why would anybody use it?" - People use it because it works. If you do not want to pay the 30 btc registration you can use a broker like CoinBr to avoid the registration fee.

"But it is trading at a PE of 97, why would anybody buy that?" - This is bitcoin, a deflating currency. For a steady company it makes sense for the yield to be very low, since you are gaining value on top of the bitcoin you started with. The only reason all the other stocks are trading at such low PE's is because of the huge risk factors. MPOE is seen by the market as being low risk, therefore there is a high PE. Also, people are buying in for the amazing potential future profits; there are just a few stocks listed now, but as the serious financial types from around the world get into the bitcoin space, more listings will be added.

Mpoe bagholder? You, like mpoe pr, are great at hurling insults without actually explaining anything. I can make a site with 50btc reg fees and claim it is because it works but without any evidence it is all bullshit.

I have actually come to a further understanding of how mpex.co works and please correct me if I'm wrong.

Mpoe recruits noobs to "invest" in mpex. After the noob pays 30btc to join this scheme he has 2 options. He can gamble against the infamous mpex robot and most likely lose or he could join the club and invest in s.mpoe and take part in collecting noobs losses. Profit is derived directly from the losses of idiot investors which were recruited to the site.

Totally legit 1 billion company amirite?
legendary
Activity: 1025
Merit: 1000
It is funny when Mpex's butt buddies come out of hiding they nearly all have terrible reputations and a history of scamming.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
This thread is full of misinformed idiots attacking MPEx as a scam without understanding what it is.

"How is this possibly valued so high?" - It is a bitcoin based business which earns income in bitcoins and has a track record of surviving attacks by starting with strong security from the beginning. It earns income, pays dividends, gives monthly reports.

"Where is it possibly getting any income from?" - They publish reports every month detailing things like this. Go read the monthly report to find out. Registration fees, trading fees, option fees, etc.

"It costs 30 btc to sign up, why would anybody use it?" - People use it because it works. If you do not want to pay the 30 btc registration you can use a broker like CoinBr to avoid the registration fee.

"But it is trading at a PE of 97, why would anybody buy that?" - This is bitcoin, a deflating currency. For a steady company it makes sense for the yield to be very low, since you are gaining value on top of the bitcoin you started with. The only reason all the other stocks are trading at such low PE's is because of the huge risk factors. MPOE is seen by the market as being low risk, therefore there is a high PE. Also, people are buying in for the amazing potential future profits; there are just a few stocks listed now, but as the serious financial types from around the world get into the bitcoin space, more listings will be added.
hero member
Activity: 756
Merit: 522
Quite the job for doing see here all day long, congratulations on that.

Apparently you lot have such a good reputation, people seem to think I'm not getting paid nearly enough.

Quote
whatever you are paying her to hang out in the den of retardation all day - it's not enough.
member
Activity: 98
Merit: 10
nearly dead

I'm sorry, I cost 12 BTC a month. I don't entertain requests coming from 0.01 BTC noobs.

Quite the job for doing see here all day long, congratulations on that.
hero member
Activity: 756
Merit: 522
Sorry I'm not able to access your shitty blog and definately not going to pay 0.01 to read it.

Can you just answer simple questions? We want a number of users who payed the registration fee. A single number shouldn't be too hard to provide or even a rough estimate would do.

But linking your shitty blog expecting me to pay 0.01btc to wade though the nonsense is not going to happen.

I'm sorry, I cost 12 BTC a month. I don't entertain requests coming from 0.01 BTC noobs.
hero member
Activity: 770
Merit: 509
There is an easier way to decide that than feeling it. How many people have paid 30 BTC to use it ? PR girl, this is a simple one to answer.

Each monthly report contains the answer for that month. A tally was published a while back; any time one of the local retards feels inclined to do something actually useful he could go add up said reports and come up with some useful data.

Sorry I'm not able to access your shitty blog and definately not going to pay 0.01 to read it.

Can you just answer simple questions? We want a number of users who payed the registration fee. A single number shouldn't be too hard to provide or even a rough estimate would do.

But linking your shitty blog expecting me to pay 0.01btc to wade though the nonsense is not going to happen.
full member
Activity: 224
Merit: 100
The whole mp bus plan is this: we're never gonna run out of retards!

I'd like to criticize it and i don't think it's morally right BUT I don't think it's wrong either
hero member
Activity: 756
Merit: 522
There is an easier way to decide that than feeling it. How many people have paid 30 BTC to use it ? PR girl, this is a simple one to answer.

Each monthly report contains the answer for that month. A tally was published a while back; any time one of the local retards feels inclined to do something actually useful he could go add up said reports and come up with some useful data.
member
Activity: 98
Merit: 10
nearly dead

I feel that although mp is a business based on tricking people


There is an easier way to decide that than feeling it. How many people have paid 30 BTC to use it ? PR girl, this is a simple one to answer.
legendary
Activity: 1372
Merit: 1008
1davout
you do nothing but move money.

dem lulz
full member
Activity: 224
Merit: 100
I am here where the lols are!
Truth be told, I was expecting a better response from Ms. Tittylicious.


I hear you on the lols tbf. I feel that although mp is a business based on tricking people, most of those people kind of deserve it. If anything screamed "don't pay me money to join" then mpex said that. I think though that by dealing with so many fools maybe mp has started thinking 100% of people are fools when it's only 99.999%

It's just not the way I'd run a business. I think ethics and fairness have to play a role.
hero member
Activity: 770
Merit: 509
Wow. I read a lot of retarded shit on these forums, but this is prime retarded rib.

Clearly you have demonstrated your ability to hurl insults at me and others on the forum who question your business.

I really just want to know where your money comes from? I am pretty sure the reason you wont give me or anyone else a simplified answer is because it would become clear that you do nothing but move money.

I really wish you would take the time to explain how you make money with the same clarity and simplicity of your insults.
full member
Activity: 224
Merit: 100
Wow an MPOE_PR post followed directly by a pankkake post.

For the uninitiated here's how it goes.

1. Someone criticized MP
2. MPOE-PR insults everyone. Calls them fools for not understanding how MP is bigger than google/fb/amazon etc
3. pankkake says "wow I can walk! this snake oil from MP works fuck the critics!"

This play is as old as the hillls


hero member
Activity: 770
Merit: 509
I am a finance noob but really try to understand what "creates value" or how the businesses you are referring to work (BitBet's certainly more than gambling). And if you think mining companies create more value, well... Shocked

Bitbet is more than gambling? I thought that was literally all it is.

Mining companies create items people want to buy. A real product with real value. Mpex just moves money..

hero member
Activity: 756
Merit: 522
As far as I know, every part of this scam is outlined in the contract. This does not make it any less of a scam, but a scam that users are accidentally agreeing to it.

Parts I found scammy/schemey:

- Main source if revenue directly related to the amount of noobs that can be recruited and made to pay the 30btc registration fee.

 - Bashes all other security exchanges yet is not even a real stock exchange and instead a gambling site.

- Other main source of revenue relies on a robots ability to predict the future where their users cannot. Unless this robot is in possesion of a magic 8-ball, it is doing nothing but gambling.

- No real value created. One guy loses money and one guy wins the other guys losses. Money is switching hands but never is value created like a normal business.

- nonfunctional securities. 2 securities for gambling sites, 1 for a video game dev (only source of creating value related to this scheme albeit very little value) and of course s.mpoe which gets its profits from recruiting noobs to pay the registration fee and hopefully gamble against the robot and lose.

- Website designed to mislead. Everything about the site reeks of bullshit. Designed to make you think you are "investing" in something legit but really you are throwing money away unless you are taking part in the scheme.

Point of this thread was to determine what mpex does and whether its profits come from actually creating value which has become clear is not the case.

Wow. I read a lot of retarded shit on these forums, but this is prime retarded rib.
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