Will you invest in a MLM scam in early stage? - page 21.

noictib

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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?

In my opinion , if I will be at place or got any condition to invest my money in the MLM in the very begging stage then I will surely invest in it .
Here no doubt that MLM is fully a buisiness of scam only because in MLM everyone just making earning from the newbie who are joining the MLM chain but at the last more people will join MLM because of no interest then at this stage people got no profit and finally the MLM campay will ran with a lot is scam with new users .But here the person who is at top will get much profit than anyone , so it is best to join at the top but never join at the below because this is totally totally and anytime you can loss your investment .

Dudeperfect

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I would be able to get assured returns in such scam but I won't invest in any such thing which is going to ruin other's investments. I believe that this is a very cheap activity to earn from someone else's loss and I also have faith in karma so I would prefer to suffer loss (in terms of opportunity cost). On the other hand, I never invest in MLM schemes (no matter if it is scam or genuine).

neochiny

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NO!

I'd rather keep my pride than to earn some money from a scam, although no one
is forcing to do it, but it is a matter of conscience and self-dignity.

But I can't feel sorry for those people who got scammed from MLM scams since they know that
there is a high chance that it is a scam and still invests, then it means they are ready to get scammed.

it just annoys me when they start crying about getting scammed and saying bitcoin
is a place for scammers. Undecided

RoommateAgreement

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Bazinga!

when you know something is a "scam" and it is clear for you then you must stay away, and not try to find a way to go around them and make profit because that is never going to be possible. you will end up losing trying to scam the scammers but they are the one holding your money an who runs away with it, you can never do anything about it.

maydna

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i don't want to join in any MLM programs because i have a bad experience in MLM section and i am lost much of money to join with them. i think there are many of my friend that still join in the MLM programs even if i am telling to them that is not a good option to investing our money to MLM, but they don't listen to me. MLM have a high risk too like other type of investment and for people which being join with MLM, will telling the truth about MLM and will avoid to join MLM programs.

Strongkored

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Although I have many friends or followers who want to join under my referral link but I would still choose to do not join such a program, because it is like me to hurting and stealing money from friends or my followers. I see many people doing a promo on Facebook to display a screenshot of their income, that makes a lot of people who are interested and involved, but they didn't tell about the high risk and a program like this is not the proper thing to say as an investment.

Doms

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The sad thing about these scams is that they never seem to run out of victims. People still fall for too-good-to-be-true types of investments and easily get blinded by the promised high returns. MLMs are very common in my place but not all of them are illegal. The ones that last are those who focus on product selling rather than recruiting more downlines. Scamming others is not good at all, and sooner or later, the karma’s gonna get these scammers, one way or another.

darkangel11

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No, I wouldn't. Actually if you know your profits will come from the loss of others and knowingly participate you're helping someone commit a crime and the money you've gained from it may be given back to the victims. It usually doesn't happen, because it's very difficult to prove someone knew what he was investing into, but the fact that you can get away with it doesn't change that it's immoral and against the law.

rickadone

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Quote from: LeGaulois on February 09, 2017, 05:16:23 PM

No i won't for simple reasons, MLM is not allowed in my country and it can get you serious problems with the justice.
Secondly, you are just stealing money from the people who joined after you as you are paid with their money. You are using people to get you a profit on their back. And finally i don't like MLM, legit or scam

MLM is not legal in your country ? It is a news for me. Even gambling is not allowed in my country, I have seen networking and mlm schemes are popular in my country but I heard they are highly regulated. Even it is legal in my country personally I do not prefer working on them as my down-lines will blame me for just introducing them when they are not getting ROI.

ophyrim

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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?

Scam is always scam to me and I will never invest my money for this kind of websites so long as I am not deceived. The stage, the timing, the profit is not important. Even I am 100% sure I will get my money back, I will not use a scam scheme. Because I get the money, which belong to someone else who has lost already his/her money.

PokerFace3

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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?

I am able to understand your question as I have seen some PTC users who will buy membership on every new PTC site for some $100 as they claim they will earn more than that quickly in first 4 days of those PTC sites before they will stop paying users.

Similarly some people prefer investing in obvious ponzi, but personally I hate them with a passion. I never will touch them for any reasons.

LeGaulois

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No i won't for simple reasons, MLM is not allowed in my country and it can get you serious problems with the justice.
Secondly, you are just stealing money from the people who joined after you as you are paid with their money. You are using people to get you a profit on their back. And finally i don't like MLM, legit or scam

South Park

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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?

Of course not, a scam is a scam no matter how you look at it, even if you end up benefiting of it, if you know it is a scam you are helping the scammers getting away with their crimes, while you probably cannot be accused of anything it is still an immoral activity.

worhiper_-_

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It's risky and unethical especially provided that not all people getting in are knowledgeable enough to know and understand that there;s potential to earn at other people's expense.

blackhawkeye1912

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Quote from: talkbitcoin on February 09, 2017, 06:06:07 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?

your question doesn't make any sense, you are saying it yourself "it is a scam" then you say would you invest in a scam. if you didn't know it is a scam then it was a different story.

and this is what will happen no matter if you go in early or late.
you go in and invest some amount, they they start paying you some profit and before you reach ROI they run away and if you request withdrawal before they run away and you reach ROI they deny your request. simple as that you lose both ways.

if you go in early you lose small amount, if you in late you lose more. in both cases it ends with loss.

This is definitely right, I have nothing to say about what he/she mentioned above. Once you join in mlm whether you out early or late it ends with loss. Meaning never try to engage yourself in any ico coins that are related into mlm due to most of it are just hype, boasting, lots of promises, then in the end they will runaway with your investment.

Pab

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Never,i will never invest even a penny in any mlm,matrix,hype,instead if money i have to invest my time
That kind of investments are best way of losing money.I also dont want to support scamers

Sled

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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?

Yes, I will invest in a MLM scam in early stage. I'm not that "stupid person" who is investing on a scam scheme sit or investment, I'm just being practical. If I know a site like this, that is in early stage that promising 10% per month and also it will be last for 2 years then i will grab it and for sure, I will earn a lot of money from that kind of 'scam investment' because i'm an early bird who take the risk and i know that i already manage my risk by investing early on that kind of scheme so for sure i can get good profits from that.

olubams

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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?

I will not join in because the ones I had tried I ended up bitten and lost my money whether joining early or joining late is not a determining factor that you won't lose as no one is in the position of knowing the time the site will pack up except the adminstrators of the site who might even close down in five days after they might have gathered everything they needed within the few days where one might still be thinking he is joining in early.

philggg

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MLM is a puzzle scheme when you invest in it at the early stage depends on the publicity on the scheme if a lot of people embrace it you can gain some money in the early stage but if there is not enlightenment it will be risky to invest in it

savioroshan

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Mostly all mlm schemes are scam or ponzi schemes. They will get paid for first two days . Thats it. Then forget about getting paid by them . But recently I came across a MLM scheme called zarfund. I think its genuine. In this scheme there is no possibility of scam . Because its paid directly to upper level member . So i dont think its a scam . But I havent tried it . I have a plan to invest in this zarfund because it seems interesting and promising.

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