Will you invest in a MLM scam in early stage? - page 23.

Xester

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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?

If I am a newbie in this kind of industry then I will be tempted to join even if not on the early stage of MLM. But given my experience with MLM I will no longer join any MLM even if it just started today and the main reason is that the system of MLM is recruitment. And in this kind of system what you will earn are coming from the pocket and sweat of your downlines. It is like using them and stepping them so you can go up and get more profit while they are stressed selling products that sometimes give them low income or zero profit at all. MLM is usury.

bering

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MLM or pyramid scheme has already hurting many people because they losing they money during invest at MLM and i think if there is MLM which is indicated would be scam we should warning people to not invest at there and should not exploit the situation and i personally would not do that even i would telling to many people that be careful with those sites

talkbitcoin

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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?

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.

lordquanta

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Quote from: helloeverybody on February 09, 2017, 02:52:07 AM

imo if you knowingly take part in a scam that dupes others from their money they have put in then you are no better than the person who started the scam. Its still scamming others and worse since you know your doing it. Chances are even if you know its a scam you arent going to get out very easily with a profit anyways but i for one wouldn't entertain it at all.

There are people who participate in these kind of scams or "programs" in very early stage. They invest to the full limits of scam/scheme in early stage as result their returns are high. Now use these returns as proof of validity of scam/scheme being genuine. These people create videos on youtube about their income and how system is clean. Lure naive people to join under them. Once desperate and naive people join under them these buggers Earn more n more.
Sooner or later these scheme concludes.

If you join the scam/scheme in early stage and invest your money, you are also on the verge of loosing money. It's a gamble.

GreenBits

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Quote from: pacifista on February 09, 2017, 03:39:41 AM

One of my biggest mistake i made in bitcoin is investing in an mlm program. At first it gives me excitement but when the days past it seems like its not good anymore. Asking myself how to get profit with this program.

In my beginning using Bitcoin I was encourage too to invest such like that site.In the first day of my investment I earn but in my second withdrawal they didn't send my profit.So now im not investing MLM site.

pacifista

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One of my biggest mistake i made in bitcoin is investing in an mlm program. At first it gives me excitement but when the days past it seems like its not good anymore. Asking myself how to get profit with this program.

1Referee

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Of course not. I am not a greedy money hunter that does invest into something when I know it's an obvious scam. First reason is because I don't want to support any scammers, and second, I don't want to contribute to people getting scammed as investing in their scam allows them to operate longer since money is coming in, and thus they will be able to victimize more people. That's why I find people investing in obvious scams are equally as bad as the operators themselves. If all people simply avoid putting their hard earned cash into these scams, they will eventually dry out and completely vanish.

helloeverybody

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imo if you knowingly take part in a scam that dupes others from their money they have put in then you are no better than the person who started the scam. Its still scamming others and worse since you know your doing it. Chances are even if you know its a scam you arent going to get out very easily with a profit anyways but i for one wouldn't entertain it at all.

lordquanta

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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?

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