[Mpex.co] The Scientology of Bitcoin Finance? - page 6.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: jimmothy on January 31, 2014, 06:18:16 PM

For mpex to be worth 1 million btc @ 30% apr it would need to increase profit around 50000% compared to last quarters.

See, there is your problem. Why do you think an investment should earn 30% apr? Especially when it is measured in bitcoins, which tend to be deflationary anyway?

pascal257

sr. member

Activity: 493

Merit: 262

Mister Popescu thanks all idiots for a whopping BTC1,500 ($1,2m) this month. Keep it coming!

ex-trader

sr. member

Activity: 298

Merit: 250

All revenue from new gamblers = ponzi.

Of course that assumes the new gamblers are even real..........

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

Quote from: jimmothy on February 01, 2014, 12:33:02 PM

Quote from: kakobrekla on February 01, 2014, 12:29:50 PM

Quote from: davout on February 01, 2014, 11:04:59 AM

Seriously, what is it you're so butthurt about?

Its obvious. About the fact he failed to open an account when it was 200 bucks.

I am pretty butthurt about all the pyramid schemes I didn't get involved in early you're right. How early did you get in? How much btc have you made off your recruits?

22 million.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: kakobrekla on February 01, 2014, 12:29:50 PM

Quote from: davout on February 01, 2014, 11:04:59 AM

Seriously, what is it you're so butthurt about?

Its obvious. About the fact he failed to open an account when it was 200 bucks.

I am pretty butthurt about all the pyramid schemes I didn't get involved in early you're right. How early did you get in? How much btc have you made off your recruits?

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

Quote from: davout on February 01, 2014, 11:04:59 AM

Seriously, what is it you're so butthurt about?

Its obvious. About the fact he failed to open an account when it was 200 bucks.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: rini17 on February 01, 2014, 11:39:58 AM

Quote from: jimmothy on February 01, 2014, 11:13:29 AM

Quote from: davout on February 01, 2014, 11:04:59 AM

Seriously, what is it you're so butthurt about?

Less butthurt. More confused as to why this recruitment scheme has such a delusional cult following.

Did anyone invented anything better in bitcoin space? Or at least is there anyone else who has the balls to sustain running such business for years while publishing all information? I don't see what is here to be confused about.

I'm confused why people like yourself see any value in a company which only source of revenue is recruitment of new gamblers.

How can you pretend that this is a legitimate business? It is nothing more than a game you can play with large sums of money where the odds are always unfairly stacked against you which cost 30btc to play (unless you pay some guy to play for you using coinbr)

How does a silly game that cost 30btc to play = most legit business in bitcoin space?

rini17

sr. member

Activity: 340

Merit: 250

GO http://bitcointa.lk !!! My new nick: jurov

Quote from: jimmothy on February 01, 2014, 11:13:29 AM

Quote from: davout on February 01, 2014, 11:04:59 AM

Seriously, what is it you're so butthurt about?

Less butthurt. More confused as to why this recruitment scheme has such a delusional cult following.

Did anyone invented anything better in bitcoin space? Or at least is there anyone else who has the balls to sustain running such business for years while publishing all information? I don't see what is here to be confused about.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: davout on February 01, 2014, 11:04:59 AM

Seriously, what is it you're so butthurt about?

Less butthurt. More confused as to why this recruitment scheme has such a delusional cult following.

davout

legendary

Activity: 1372

Merit: 1008

1davout

Seriously, what is it you're so butthurt about?

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: rini17 on February 01, 2014, 10:38:46 AM

Gentlemen, my pleasure to announce most comprehensive MPEx documentation to date:
The Missing MPEx Manual

Wow the most comprehensive documentation to date and no explanation of why the 30btc fee.

It basically just says that you need to have capital which is a joke because only a year ago it required 200 dollars capital and it now requires 30 grand..

But wait, if you recruit some more idiots like yourself you can recoup some of that ridiculous fee and make mr popescu rich. Everyone wins! Unless your anyone besides mircea popescu.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: Rannasha on February 01, 2014, 03:04:03 AM

Quote from: jimmothy on January 31, 2014, 09:49:42 PM

Quote from: ?? on ??

http://trilema.com/2014/mpoe-january-2014-statement/

Damn I wish I didn't view that picture of mr p at a table earlier because then I could see the statement

Summary: 1806 BTC total profits over january, 1830 BTC earned from new account registrations.

The profits keep coming as long as new people keep joining.

Where have I heard this before?

Month 4 where 100% profit has come from recruitment of new gamblers.

#finance

rini17

sr. member

Activity: 340

Merit: 250

GO http://bitcointa.lk !!! My new nick: jurov

Gentlemen, my pleasure to announce most comprehensive MPEx documentation to date:
The Missing MPEx Manual

Rannasha

hero member

Activity: 728

Merit: 500

Quote from: jimmothy on January 31, 2014, 09:49:42 PM

Quote from: ?? on ??

http://trilema.com/2014/mpoe-january-2014-statement/

Damn I wish I didn't view that picture of mr p at a table earlier because then I could see the statement

Summary: 1806 BTC total profits over january, 1830 BTC earned from new account registrations.

The profits keep coming as long as new people keep joining.

Where have I heard this before?

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: ?? on ??

http://trilema.com/2014/mpoe-january-2014-statement/

Damn I wish I didn't view that picture of mr p at a table earlier because then I could see the statement

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: dexX7 on January 31, 2014, 08:56:38 PM

13 pages now.. kinda makes me wonder, if the whole thread and jimmothy is part of some kind of "create attention and awareness for MPEx" PR stunt? Grin

I honestly made this thread because I was curious what the fuck mpex actually did that made it supposedly worth 1 billion dollars. But your right judging by mpoe pr's post history its pretty obvious when someone told them there is no such thing as bad pr they took it literally.

Anyways now that it has been confirmed to be nothing more than a way to move money around without creating any value I think we can let this thread die and the free publicity with it.

dexX7

legendary

Activity: 1106

Merit: 1026

13 pages now.. kinda makes me wonder, if the whole thread and jimmothy is part of some kind of "create attention and awareness for MPEx" PR stunt? Grin

NanoAkron

sr. member

Activity: 252

Merit: 250

Quote from: jimmothy on January 31, 2014, 07:36:44 PM

Quote from: NanoAkron on January 31, 2014, 07:33:56 PM

Absolutely true. What value does MPEX actually create? In one sentence please.

It provides the ability to make some very rich and some much poorer.

Along with a bunch of other useless shit nobody uses like futures/trading stocks

If I'm wrong please correct me.

Yes, one mistake - trading stocks which MP[ex] owns and profits from.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: NanoAkron on January 31, 2014, 07:33:56 PM

Absolutely true. What value does MPEX actually create? In one sentence please.

It provides the ability to make some very rich and some much poorer.

Along with a bunch of other useless shit nobody uses like futures/trading stocks

If I'm wrong please correct me.

NanoAkron

sr. member

Activity: 252

Merit: 250

Absolutely true. What value does MPEX actually create? In one sentence please.

Topic: [Mpex.co] The Scientology of Bitcoin Finance? - page 6. (Read 27619 times)