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Topic: Stay away from any MLM based on crypto. - page 2. (Read 227 times)

member
Activity: 84
Merit: 10
January 26, 2018, 05:31:05 AM
#13
Some even go public on some small exchanges. Liar also used a lot of means. We still have to be careful choice of items.
newbie
Activity: 168
Merit: 0
January 26, 2018, 05:27:05 AM
#12
Oh,  my friend participate in such company... He invested $ 1000 and call everyone hr knows to offer "the best deal and chance to become rich within short period of time". But even he has been participating since 2017 and bussines isn't going good)

All they do - trying to attract persons that want fast and easy money. But to earn something you should invite your friends or relatives, who will invest and do the same...

Ouch, sounds like a pyramid scheme then. Too bad for your friend.
member
Activity: 154
Merit: 10
January 26, 2018, 05:23:26 AM
#11
Oh,  my friend participate in such company... He invested $ 1000 and call everyone hr knows to offer "the best deal and chance to become rich within short period of time". But even he has been participating since 2017 and bussines isn't going good)

All they do - trying to attract persons that want fast and easy money. But to earn something you should invite your friends or relatives, who will invest and do the same...
jr. member
Activity: 68
Merit: 1
January 26, 2018, 05:09:03 AM
#10
I think people here are very clear what it is. But many who do not know may be fooled. After being deceived no longer believe the real encrypted currency.
full member
Activity: 322
Merit: 141
January 26, 2018, 04:38:06 AM
#9
MLM very dangerous to join in crypto world, bassicaly dont even get involve with this kind of investment. Every MLM is ponzi scheme where money from previous member use to get paid for new comer. If you reall want to make profit go trading instead or if you not really good or have any experience with it just buy some mining rig and go mining some cryptocurrency.

They are not all ponzi schemes as a basic principle of MLM is to receive some fees from your business partners for bringing new clients and from that fee some percentage is to be reserved for the people above you in the pyramid.... In Crypto world many legit projects use something similar called referrals.

However, as it is unfortunately the rule for a human race, we find a way to spoil everything and hence since Ponzi scheme is basically also pyramidal in structure, many people use MLM for various ponzi schemes, it is easy.....

Hence they are not necessarily bad, but yes - to be avoided in crypto as security is generally very bad even without them.
member
Activity: 252
Merit: 10
The Experience Layer of the Decentralized Internet
January 26, 2018, 04:19:34 AM
#8
HSR, this is a blacklist.
You need to pay attention to the token,it is in Australia, but this token is a ponzi scheme,promoting by founder, last year the tokens have a slogan: $1000 at the end of the year. But this year, however, the founders disappeared, removing all social data.
The MLM scheme's usually are on the social media websites, it's a good thing that there is not much of that in this forum.
Yes, there's not a lot of MLM posts on Bitcointalk.
Because it will soon be deleted, however on twitter, Facebook, weibo these places, these so-called pyramid selling tokens can deceive a novice, Some people will gei their money to buy MLM tokens, These people just cheated.
member
Activity: 113
Merit: 10
January 26, 2018, 04:11:30 AM
#7
You're right. Many ill-intentioned people are deceiving by the guise of encrypting money. There is no technical aspect of the project. They need to pull people. Let more people to be cheated.
newbie
Activity: 6
Merit: 0
January 26, 2018, 03:54:58 AM
#6
Yes you are right brother if its too good to be true you better stay out from it. Multilevel Marketing can be a ponzi scheme and do not go with high returns in a short span of time with no work to do or very minimal effort. Even more if they have referral program or something like that. There are lots of ways how to learn in crypto space so there's no reason for you to be a part of that scheme.
hero member
Activity: 774
Merit: 500
Look ARROUND!
January 26, 2018, 03:54:49 AM
#5
HSR, this is a blacklist.
You need to pay attention to the token,it is in Australia, but this token is a ponzi scheme,promoting by founder, last year the tokens have a slogan: $1000 at the end of the year. But this year, however, the founders disappeared, removing all social data.
The MLM scheme's usually are on the social media websites, it's a good thing that there is not much of that in this forum.
member
Activity: 252
Merit: 10
The Experience Layer of the Decentralized Internet
January 26, 2018, 03:50:00 AM
#4
HSR, this is a blacklist.
You need to pay attention to the token,it is in Australia, but this token is a ponzi scheme,promoting by founder, last year the tokens have a slogan: $1000 at the end of the year. But this year, however, the founders disappeared, removing all social data.
member
Activity: 252
Merit: 14
January 26, 2018, 03:40:54 AM
#3
MLM very dangerous to join in crypto world, bassicaly dont even get involve with this kind of investment. Every MLM is ponzi scheme where money from previous member use to get paid for new comer. If you reall want to make profit go trading instead or if you not really good or have any experience with it just buy some mining rig and go mining some cryptocurrency.

Yes I agree. MLM very dangerous for crypto futures. This will be make crypto banned in several countries.
So, every MLM system in crypto must not have any spaces.
full member
Activity: 266
Merit: 104
January 25, 2018, 02:20:39 PM
#2
MLM very dangerous to join in crypto world, bassicaly dont even get involve with this kind of investment. Every MLM is ponzi scheme where money from previous member use to get paid for new comer. If you reall want to make profit go trading instead or if you not really good or have any experience with it just buy some mining rig and go mining some cryptocurrency.
member
Activity: 252
Merit: 14
January 25, 2018, 01:53:07 PM
#1
Hello,
As we know many last year that MLM is very interested by a lot of people because it's promise a lot of benefit with no hardwork.
The MLM masks is very excessively. And now, they are a lot of parties make MLM system with crypto in their mask. The most easily characteristic of MLM based on crypto we can identify is one, it promising a big return capital of your investation with no logic.
In my country, this scheme are growth with consortium, so they gather a lot of people who common in crypto and then gather the money to invest in crypto MLM project with big capital return they expect.

I mention MLM because it will help the new participants in crypto will understanding this.
Love your money  Wink
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