Will you invest in a MLM scam in early stage? - page 14.

sulendra12

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Quote from: BeGoods on March 24, 2017, 06:45:30 PM

You will obtain a profit in MLM if you are on and have a lot of referrals but you should be able to fool a lot of people so that they would bargabung but I am sure this way would sin

I'd like to say, never recommend to Invest in HYIP and you shouldn't think member in here are stupid you can fool to join under you. Indirectly, you have recommended bad way to get profit in MLM with doing some trick Roll Eyes

(Just leave away from HYIP/MLM)

BeGoods

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Quote from: lOvE mE forEvEr on March 24, 2017, 06:24:23 AM

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.

You will obtain a profit in MLM if you are on and have a lot of referrals but you should be able to fool a lot of people so that they would bargabung but I am sure this way would sin

andrei56

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Quote from: lordquanta on February 09, 2017, 02:35:35 AM

Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.). B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year. There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.

Will you invest in such scheme well before it vanishes with bitcoins/money?

No, even if I knew beforehand that I will profit from it I think it is immoral to profit form the disgrace of others, so I will avoid dealing in any kind of dirty business like that since I like the idea of sleeping without any worries in my mind.

Kotone

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Quote from: deppil on March 24, 2017, 07:38:54 AM

Quote from: lOvE mE forEvEr on March 24, 2017, 06:24:23 AM

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.

actualy they already know about the system of MLM if they come on board I think they have to accept all the risks that exist when MLM reset. but it would be profitable if you are on the top

Accepting the risk and then you people are going to invite and take the risk too trying to recruit that for the sake of profit ? Even you know both of you are going to be scammed at the end if you really want to earn profit then you need to learn more about investment in trading where you can earn there more than. What you deserve there.

deppil

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Quote from: lOvE mE forEvEr on March 24, 2017, 06:24:23 AM

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.

actualy they already know about the system of MLM if they come on board I think they have to accept all the risks that exist when MLM reset. but it would be profitable if you are on the top

Hydrogen

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Quote from: Fatanut on March 24, 2017, 02:42:29 AM

If the pyramid isn't fair, how else should it work? Those at the bottom (newcomers) will earn right away?

Looking past, those that are at the top used to be at the bottom of the pyramid. They also did hard work and then those that they've recruited have done a good job. So they end up getting more referral rewards without doing that much. This is something that you'll here from an MLM promoter. "Those that are at the top were once at the bottom. Start your own pyramid now and be the upline of the new ones." or something like "It's not too late to start your own pyramid."

There are even MLM promoters that say that you don't have to do anything at all. You can just sit down and then you'll earn money. That's pretty unrealistic unless you've established your network already. But you can't earn money by just sitting down if you just joined their network.

All these MLM crap are causing me head aches.

My personal preference is everyone having a percentage of overall profits. Basically the payment system Captain Ahab's ship, The Pequod, used in the book Moby Dick.

With set wages, there isn't much incentive for people to work harder or smarter.

If someone is paid $7 an hour, they're paid the same whether they work hard or slack off.

There isn't much incentive for them to work in the best interests of their employer.

Being paid a percentage of overall profits could give people incentive to do their job better as their wage is tied to the overall well being of the parent organization.

MLM's tend to mirror the executive format of fortune 500 companies in some ways, which could be said to reinforce wealth and wage inequality as CEO's are often paid exponentially more than they should for the amount of work they do.

MLM's might also be said to reward seniority more than hard work, which could in turn reinforce the type of glass ceiling which prevents deserving people from being promoted past a certain point.

The way MLM's are structured isn't as fair or balanced as they could be imo.

But like I said from the beginning, this is my personal preference. I'm sure there are those who disagree & have their own views.

lOvE mE forEvEr

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Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.

jossiel

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This is encouraging if someone offer me this type of deal probably I'll fall for it only if I don't read reviews about this investment.

And another thing is that if I don't experience on how their companies are supported with it's revenue from it's member.

I will not definitely be fooled on the same investment again with these MLM's scam.

Pattart

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Quote from: tabas on March 24, 2017, 03:46:55 AM

No, I don't have the guts and trust to them anymore. Though I know how their system works still I will not invest any of my money from them anymore. They destroyed the trust of my friends because of making me believe that they are real. It's a lesson learned to me already and even I will be on the top spot of this pyramid scam, it's a no.

even if you're sitting on top in the pyramid system, but if you're on other users and friends same as you do scaming on others. MLM will hurt anyone below including your downline

tabas

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No, I don't have the guts and trust to them anymore. Though I know how their system works still I will not invest any of my money from them anymore. They destroyed the trust of my friends because of making me believe that they are real. It's a lesson learned to me already and even I will be on the top spot of this pyramid scam, it's a no.

sulendra12

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Quote from: RedX on March 23, 2017, 06:13:14 PM

Definitely no. These kind of mlm will turn to scams after some time. But i see some people who still invest in these sites even knowing that its a scam because they know how to take advantage of it. They will pay first to get your trust and then if many people join and invested to their site, they will vanished.

And...

Good subject to be a downline for those early investors is newbie on Bitcoin and HYIP hunter. There are no people who doesn't want to earn money without do anything, and newbie is a good subject to hire them to HYIP's site and earn from their investment.
Even in early stage, we should not invest to HYIP. If everyone do that, HYIP could be collapsed and hard to exist again because lack of investor.

Fatanut

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Quote from: Hydrogen on March 23, 2017, 11:25:00 AM

MLM / pyramid structures aren't fair.

Those at the top don't have to do much. Its success is based upon how hard those at the bottom work.

Its not a good design for long term growth or sustainability.

Would prefer to have an arrangement similar to what the Pequod had in the book Moby Dick.

That seems like a good business structure for long term growth & keeping everyone active and motivated.

If the pyramid isn't fair, how else should it work? Those at the bottom (newcomers) will earn right away?

Looking past, those that are at the top used to be at the bottom of the pyramid. They also did hard work and then those that they've recruited have done a good job. So they end up getting more referral rewards without doing that much. This is something that you'll here from an MLM promoter. "Those that are at the top were once at the bottom. Start your own pyramid now and be the upline of the new ones." or something like "It's not too late to start your own pyramid."

There are even MLM promoters that say that you don't have to do anything at all. You can just sit down and then you'll earn money. That's pretty unrealistic unless you've established your network already. But you can't earn money by just sitting down if you just joined their network.

All these MLM crap are causing me head aches.

RedX

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Definitely no. These kind of mlm will turn to scams after some time. But i see some people who still invest in these sites even knowing that its a scam because they know how to take advantage of it. They will pay first to get your trust and then if many people join and invested to their site, they will vanished.

Doamader

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No, i wouldnt be part of scam project being early stage or not, thats the main reason scammers open one business wait 2-4 days and open another similiar project, soo if you support this behaviour you are a supporter of scams, the best way to handle this is dont deposit a single coin this way this projects will die.

Perle

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Quote from: lordquanta on March 23, 2017, 12:43:03 PM

People who want to earn money via passive income source like MLM, are blinded by greed. No scammer ever forces anyone to pay them money. Instead they take advantage of weakness of greedy people. Anyone who blindly invest money in MLM scheme is at risk of loss of money. Yet lot of people still take the bet. So it is the naivety which lands them in trouble. With this greed they will loose their money one way or another. Could we agree on a point?

Is it bad to make money? If it is possible to receive income without exerting much work, then that's great, the main thing that it was not to the detriment of others. But what is the secret of such a possibility in MLM, why they are considered scams?

lordquanta

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People who want to earn money via passive income source like MLM, are blinded by greed. No scammer ever forces anyone to pay them money. Instead they take advantage of weakness of greedy people. Anyone who blindly invest money in MLM scheme is at risk of loss of money. Yet lot of people still take the bet. So it is the naivety which lands them in trouble. With this greed they will loose their money one way or another. Could we agree on a point?

eternalgloom

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Quote from: dmamigo on March 23, 2017, 11:54:32 AM

It is better to state it as gambling, if you are willing to gamble with your money, then indulge with MLM.
Now about the topic, sometimes it will give good profits and sometime nothing, so I think I won't indulge myself with MLM.

I definitely wouldn't put MLM in the same category as gambling, gambling is legal in some form in most countries whereas MLM's or pyramid schemes are not.
I know not all MLM's are pyramid schemes by definition, but most of them are just that.

It also just seems unethical to lure people into something like that.

SikatBray

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I will never do such things. Unethical is unethical, no matters if it is on day 1 or day 30. For some profits, I dont wanna ruin my sleeps in worry of losing amount. Cheesy

Better earn safe and live happy.

dmamigo

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It is better to state it as gambling, if you are willing to gamble with your money, then indulge with MLM.
Now about the topic, sometimes it will give good profits and sometime nothing, so I think I won't indulge myself with MLM.

darkangel11

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Don't let others control your BTC -> self custody

Before investing you should consider 2 things:
1. This is not an investment. You are giving money to scammers who will steal from someone. Maybe from you, maybe from someone else.
2. If you gain something it will be at the expense of other people. These losers will finance you, not the owners (scammers).
If you're ok with that go on and "invest"

Topic: Will you invest in a MLM scam in early stage? - page 14. (Read 17896 times)