Will you invest in a MLM scam in early stage? - page 19.

harizen

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Quote from: lordquanta on February 09, 2017, 03:35:35 AM

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

There are other risky methods there to earn bitcoin that is worth the shot, why would I choose an obvious risk?

Yes at "early" phase of those ponzi business, investors really have a chance to make profits but the questioned here is, how long is that "early" phase? There are MLM/ponzis that only runs for few weeks or much worst, few days so even people able to invest early, they won't reached their respective ROI.

That's how risky is it. Really not a worth a shot. Id rather invest in an ICO rather than this.

Mbah Slamet

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No, I think it is very risky, because we never know when will the MLM scam. It could be that after we invest and then scam. I particularly hate with MLM because ponzi business systems makes us like a fool.

n0ne

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SecureShift.io | Crypto-Exchange

I would never be a part in any of the MLM schemes anymore. In the past I experienced a big loss through one of the MLM. Initially it went successful and I was happy, introduced it to several friends. Everyone in a short made big investment in it. Everything went as a scam in just three months time. I was not able to face my friends anymore, somehow managed to give them a small amount back.

Viviyang

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Quote from: lordquanta on February 14, 2017, 04:42:41 AM

Quote from: Erza on February 13, 2017, 12:37:50 PM

Quote from: lordquanta on February 13, 2017, 12:55:57 AM

Quote from: Mometaskers on February 12, 2017, 12:12:51 PM

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy

Yes, there are some bitcoin mlm scheme/scams which do not require inviting other friends(person). You could create dummy accounts for you and invest via them as your referrals. This way you are putting all your money and not inviting other people.
It is possible to get money back from MLM scam if :
1. you enter in early stage
2. You don't reinvest your returns from scam.

This way it is possible get money out of MLM scams.

When it comes to MLM, some people become very possessive about their legality and defend them as legit.

There is no way you could get money from this kind of MLM thing because from the start you join you already been scammed away. Just need some time to make you believe that you are going to get your money but in the end they can't pay you up. Most scheme that I saw before was they make you believe that you have huge amount on your account and when you want to withdraw it takes a long process and in the end they dont give any penny in your account. So it is better to stay away from this kind of MLM thing before you regret it

I'm strongly against MLM schemes and don't like the anatomy of it at all. Now accessing MLM schemes objectively, it is very much possible to benefit from MLM and it happens all the time with MLM scams. If you enter into the scheme very early and don't reinvest then and then you could earn benefit (or at least get your investment back) from it. Because of early participation the promoter of MLM scheme has to give returns to you otherwise you will not endorse them. Thus who gets paid regularly goes into endorsement mode and recruit others. Till incoming money is greater than outgoing money scheme goes on.
Problem is for rest of recruits who either join party late or early investors keeps on reinvesting money and never getting initial money out. Again greed plays important part here. That is why stay away from MLM scams.

What you explained is the main reason of MLM schemes are getting income even after all of them knew about it as a scam , but the users think of that he is in early stage and invest in it and spread the word but he dont know that he is also supporting the scam to get spread instead of stopping it from getting spread

lordquanta

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Quote from: Erza on February 13, 2017, 12:37:50 PM

Quote from: lordquanta on February 13, 2017, 12:55:57 AM

Quote from: Mometaskers on February 12, 2017, 12:12:51 PM

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy

Yes, there are some bitcoin mlm scheme/scams which do not require inviting other friends(person). You could create dummy accounts for you and invest via them as your referrals. This way you are putting all your money and not inviting other people.
It is possible to get money back from MLM scam if :
1. you enter in early stage
2. You don't reinvest your returns from scam.

This way it is possible get money out of MLM scams.

When it comes to MLM, some people become very possessive about their legality and defend them as legit.

There is no way you could get money from this kind of MLM thing because from the start you join you already been scammed away. Just need some time to make you believe that you are going to get your money but in the end they can't pay you up. Most scheme that I saw before was they make you believe that you have huge amount on your account and when you want to withdraw it takes a long process and in the end they dont give any penny in your account. So it is better to stay away from this kind of MLM thing before you regret it

I'm strongly against MLM schemes and don't like the anatomy of it at all. Now accessing MLM schemes objectively, it is very much possible to benefit from MLM and it happens all the time with MLM scams. If you enter into the scheme very early and don't reinvest then and then you could earn benefit (or at least get your investment back) from it. Because of early participation the promoter of MLM scheme has to give returns to you otherwise you will not endorse them. Thus who gets paid regularly goes into endorsement mode and recruit others. Till incoming money is greater than outgoing money scheme goes on.
Problem is for rest of recruits who either join party late or early investors keeps on reinvesting money and never getting initial money out. Again greed plays important part here. That is why stay away from MLM scams.

Erza

legendary

Activity: 1078

Merit: 1000

Quote from: lordquanta on February 13, 2017, 12:55:57 AM

Quote from: Mometaskers on February 12, 2017, 12:12:51 PM

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy

Yes, there are some bitcoin mlm scheme/scams which do not require inviting other friends(person). You could create dummy accounts for you and invest via them as your referrals. This way you are putting all your money and not inviting other people.
It is possible to get money back from MLM scam if :
1. you enter in early stage
2. You don't reinvest your returns from scam.

This way it is possible get money out of MLM scams.

When it comes to MLM, some people become very possessive about their legality and defend them as legit.

There is no way you could get money from this kind of MLM thing because from the start you join you already been scammed away. Just need some time to make you believe that you are going to get your money but in the end they can't pay you up. Most scheme that I saw before was they make you believe that you have huge amount on your account and when you want to withdraw it takes a long process and in the end they dont give any penny in your account. So it is better to stay away from this kind of MLM thing before you regret it

lordquanta

sr. member

Activity: 770

Merit: 268

Quote from: Mometaskers on February 12, 2017, 12:12:51 PM

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy

Yes, there are some bitcoin mlm scheme/scams which do not require inviting other friends(person). You could create dummy accounts for you and invest via them as your referrals. This way you are putting all your money and not inviting other people.
It is possible to get money back from MLM scam if :
1. you enter in early stage
2. You don't reinvest your returns from scam.

This way it is possible get money out of MLM scams.

When it comes to MLM, some people become very possessive about their legality and defend them as legit.

Mometaskers

hero member

Activity: 1764

Merit: 584

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy

Emoclaw

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Activity: 420

Merit: 251

Quote from: South Park on February 11, 2017, 05:50:19 PM

Quote from: Pettuh4 on February 10, 2017, 07:43:11 AM

Quote from: lordquanta on February 09, 2017, 03:35:35 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?

It's a scam and I don't normally mix scam with investment because they are not meant to be together but if you will push me to the wall I will just try to determine the stage of the NLM; is it at the beginning, middle or end stage? It's very difficult to find out the stage but if it's at the beginning then the risk will be less so I can invest else forget you won't get me to invest.

It does not matter if the MLM is at the beginning stages, a scam is a scam and there is no way around it, even if for some miracle you were able to obtain all your money back and even some profit you can be sure that many people wont and you will be an accomplice of the scam.

Here's the thing.
If those other people are investing in the MLM scam, they are accomplices of the scam too, or at least they want to be. (unknowingly)
I guess you can say they get punished, and you don't.

This question is really interesting because it puts morals against personal interest.
You have a chance to gain profit at the expense of someone else, but regardless of what you do it won't stop the MLM scam from happening.

South Park

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Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Pettuh4 on February 10, 2017, 07:43:11 AM

Quote from: lordquanta on February 09, 2017, 03:35:35 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?

It's a scam and I don't normally mix scam with investment because they are not meant to be together but if you will push me to the wall I will just try to determine the stage of the NLM; is it at the beginning, middle or end stage? It's very difficult to find out the stage but if it's at the beginning then the risk will be less so I can invest else forget you won't get me to invest.

It does not matter if the MLM is at the beginning stages, a scam is a scam and there is no way around it, even if for some miracle you were able to obtain all your money back and even some profit you can be sure that many people wont and you will be an accomplice of the scam.

olushakes

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With what I have experienced in the past in my early years of coming into this crypto world, I am not even going to try it again. There is one I even did recently with the news that its new and will continue to pay after I had put money 5 days is all that is needed for me to get my money and they scammed two days before the end of my 5 days period but they were new. So, I am not going to join under any circumstance.

Harlot

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Activity: 1806

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Ethically wise even putting your money in MLM in such an early stage is wrong. Even if you are the first in line to be paid , the ones your are considered earning is from new members money. Which is bad and I consider it some form of stealing. It makes me feel that they are left out when they won't earn anything from the so called company.

izanagi narukami

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As my experience taught me, MLM only profitable if you are early investor so as long as you can prepare yourself to invest , you will got significant profit. It's easy profit compare if you try to gamble

Quote from: Diced90 on February 11, 2017, 01:23:49 PM

why invest in something you know is a scam in the first place?? Do not be a victim of free money schemes.
You are safer avoiding this MLM scam at all cost and should not be falling for the same trick twice!

Sometimes people's greed can't be control to invest Cheesy

Diced90

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Get'em boys

why invest in something you know is a scam in the first place?? Do not be a victim of free money schemes.
You are safer avoiding this MLM scam at all cost and should not be falling for the same trick twice!

lordquanta

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Quote from: bettercrypto on February 11, 2017, 09:05:10 AM

Quote from: ?? on ??

Those speakers that are attracting us to invest and join their MLM investments are well trained. Because I've been into many companies of MLM and it certainly attracting me the way they talk and about promising the return you can get. But in reality even you are one of those pioneers you will still have the vulnerability of being scammed.

If you have known of their scheme, no matter how good they are at explaining or talking, you will never fall for their trick.

I will not invest in a scam MLM company even if I will be the 01, or pioneer of the scam company. Besides we cannot get profit if we do not involve and recruit our friends and relatives in that company since they will be paying us with the entrance our reffered member paid.

Nowadays It is possible to get profit without recruiting other people. Instead of recruiting other people you could create dummy account and invest. In a way you are not involving other people in scam, you are putting all your money. Trick played from mlm promoter is they convince people in reinvesting all money received from MLM system. This way people keep on putting money back in system. One could earn money from MLM if you early and don't reinvest.

xuan87

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no I won't,despite the profit that they promise a good profit, if I joined the MLM its means I am participating to encourage the MLM to deceive people, and if I ask people to joined then I feel responsible for them when they lost money, so it is better to stay away from it, so if everybody not interested then the scam will failed and next time there will be less scammer try to find money using this way

bettercrypto

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★Bitvest.io★ Play Plinko or Invest!

Quote from: ?? on ??

Those speakers that are attracting us to invest and join their MLM investments are well trained. Because I've been into many companies of MLM and it certainly attracting me the way they talk and about promising the return you can get. But in reality even you are one of those pioneers you will still have the vulnerability of being scammed.

If you have known of their scheme, no matter how good they are at explaining or talking, you will never fall for their trick.

I will not invest in a scam MLM company even if I will be the 01, or pioneer of the scam company. Besides we cannot get profit if we do not involve and recruit our friends and relatives in that company since they will be paying us with the entrance our reffered member paid.

pooya87

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Activity: 3472

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this is one of the wrong ways of thinking that i see most people have, and actually this way of thinking about MLM scams is the only reason for their survival, otherwise they would have died and disappeared long time ago.
people think they can beat the scam system and win, and surely enough they get super lucky once in a while and win something out of it. but in total they are losing without even noticing it.

mastica

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Activity: 938

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This is the main problem, people will invest into mlm, hyip and scam project in the begining because its when you might be able to make some money, and refer and promote it to others make you be scammer as the admin. There arent any trusted project that can run without damage someone, the bitcoin bank could be somehow a kind of solution as long the rates are above the real banks.

nara1892

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I never trust MLM system. it is scam. so I would never invest on that MLM in the first place even it sounds guaranteed or it gives us more than what we think or what you explain above, I think I'd never invest on MLM.

Topic: Will you invest in a MLM scam in early stage? - page 19. (Read 17853 times)