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Topic: Will you invest in a MLM scam in early stage? - page 9. (Read 17877 times)

full member
Activity: 252
Merit: 100
I do not if there are fraudulent because just like I am more stupid than people I cheated.

if you guys do?
legendary
Activity: 3514
Merit: 1280
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I think OP is making a mistake by tagging all MLM or  as a Ponzi scheme. The real Multi-Level Marketing (MLM) or affiliate marketing outfits do actually have tangible products they sell in addition to the referral bonuses they offer. This is quite different from schemes that encourage participants to pull money/resources or bitcoin together to grow some other participants' contribution without marketing any tangible products. That is a clear Ponzi scheme and a scam

I'd rather consider this as a disguise

In other words, if you remove this tangible asset from the whole scheme you will get the same Ponzi where the first comers receive money by selling some shit at absurd prices to the next comers. The difference is purely quantitative, one of degree. In outright scams, the tokens used for transferring value (say, MMM vouchers) are purely virtual while things used in MLM schemes are tangible and allegedly have some utility, after all. But inside, it is still the same good old pyramid scheme. It doesn't crash all at once simply because the tangible assets used there have some value on their own, i.e. their value can't fall below their true market value

Well, I don't know if I should doubt you. But all I know is that I am a participant of an MLM. And so far, so good. The company has returned almost have of what I invested within six months in products and in cash.

It's possible that the products they are giving you really don't worth as much as they tell you. So they can create the illusion that you're getting as much as you paid for initially. The products can also just be food supplements with very little or no effect to our body at all. In other words, the products that they are giving you can be just a repackaged product and are really cheap

Welcome to Herbalife, bro

When I had been learning at the university some time ago, my roommate got recruited into this scheme. He bought some crappy supplements from them but since he wasn't that kind of a public person that could easily persuade anyone to follow him, he ended up consuming all that expensive crap himself. He was also initially quite enthusiastic about his future prospects in this "company" (they had some gatherings) but somehow his enthusiasm came to nought eventually
hero member
Activity: 620
Merit: 500
I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.
What is karma and how would a scammer get to that stage. I would not really risk my money to enter in any scams or MLM schemes as i do not want to test my money ,there are several other ways to make money and only greedy people who wants to make more money at a very short time would want to try their luck in those sort of situations.
Agreed that most scammers doesn't really believe on karma but I know someday karma will hit them. On the other hand, I'd like to join a MLM schemes especially if they are on their early stage depending on how serious they want to do those things. Most serious MLM schemes doesn't scam for atleast 2-3 stages because they need to gain some trust unto people. You might wanna say I'm greedy but in fact that's how gambling works too.
full member
Activity: 361
Merit: 100
I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.
What is karma and how would a scammer get to that stage. I would not really risk my money to enter in any scams or MLM schemes as i do not want to test my money ,there are several other ways to make money and only greedy people who wants to make more money at a very short time would want to try their luck in those sort of situations.
hero member
Activity: 588
Merit: 500
I think OP is making a mistake by tagging all MLM or  as a Ponzi scheme. The real Multi-Level Marketing (MLM) or affiliate marketing outfits do actually have tangible products they sell in addition to the referral bonuses they offer. This is quite different from schemes that encourage participants to pull money/resources or bitcoin together to grow some other participants' contribution without marketing any tangible products. That is a clear Ponzi scheme and a scam

I'd rather consider this as a disguise

In other words, if you remove this tangible asset from the whole scheme you will get the same Ponzi where the first comers receive money by selling some shit at absurd prices to the next comers. The difference is purely quantitative, one of degree. In outright scams, the tokens used for transferring value (say, MMM vouchers) are purely virtual while things used in MLM schemes are tangible and allegedly have some utility, after all. But inside, it is still the same good old pyramid scheme. It doesn't crash all at once simply because the tangible assets used there have some value on their own, i.e. their value can't fall below their true market value

Well, I don't know if I should doubt you. But all I know is that I am a participant of an MLM. And so far, so good. The company has returned almost have of what I invested within six months in products and in cash.

It's possible that the products they are giving you really don't worth as much as they tell you. So they can create the illusion that you're getting as much as you paid for initially. The products can also just be food supplements with very little or no effect to our body at all. In other words, the products that they are giving you can be just a repackaged product and are really cheap.

You got cash because you were able to recruit somebody. It's like a congratulatory message telling you that you did a great job manipulating some people and ultimately scamming them. Six months and you still haven't got your ROI? That doesn't sound good to me. You're still in negative profit if you think about it.
legendary
Activity: 2674
Merit: 1226
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I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.
hero member
Activity: 1806
Merit: 672
I've invested inside a MLM scheme a long time ago and made a few bucks from it. The whole thing just isn't worth it in the end because it ruins reputation and the money isn't that much to begin with. The person at the top of the Company of MLM's make so much money because of the people promoting the products and it doesn't matter if the person is a good promoter or not since there's usually 4 or more other top promoters within the company working for the CEO.
Im also onto that kind of Scam Schemes way back last year and i hate people who do that businesses to lie and fooled the people who wil join in them .definitely the owner and the top members will earn so much and the ones who were the last suffers all to make money for other people on top of that pyramid scam scheme . I have recently experience it on bitcoins HYiPS or Ponzi.
MLMs are different from HYIP sites, MLM companies really have a product that they sell to people but what people really want in this company is how to earn money by recruitment. Recruiting other people is a good thing to earn money but the bad side of this is some up lines don't care to the down lines after they recruited it making some enemies along the way. That is one of the problems with MLM companies they allow recruitment but they don't actually help the new members to earn the money back they pay for the membership, they will always say that they need to be independent in order to be successful in this line of work.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
I think OP is making a mistake by tagging all MLM or  as a Ponzi scheme. The real Multi-Level Marketing (MLM) or affiliate marketing outfits do actually have tangible products they sell in addition to the referral bonuses they offer. This is quite different from schemes that encourage participants to pull money/resources or bitcoin together to grow some other participants' contribution without marketing any tangible products. That is a clear Ponzi scheme and a scam

I'd rather consider this as a disguise

In other words, if you remove this tangible asset from the whole scheme you will get the same Ponzi where the first comers receive money by selling some shit at absurd prices to the next comers. The difference is purely quantitative, one of degree. In outright scams, the tokens used for transferring value (say, MMM vouchers) are purely virtual while things used in MLM schemes are tangible and allegedly have some utility, after all. But inside, it is still the same good old pyramid scheme. It doesn't crash all at once simply because the tangible assets used there have some value on their own, i.e. their value can't fall below their true market value

Well, I don't know if I should doubt you. But all I know is that I am a participant of an MLM. And so far, so good. The company has returned almost have of what I invested within six months in products and in cash.
sr. member
Activity: 770
Merit: 278
I've invested inside a MLM scheme a long time ago and made a few bucks from it. The whole thing just isn't worth it in the end because it ruins reputation and the money isn't that much to begin with. The person at the top of the Company of MLM's make so much money because of the people promoting the products and it doesn't matter if the person is a good promoter or not since there's usually 4 or more other top promoters within the company working for the CEO.
Im also onto that kind of Scam Schemes way back last year and i hate people who do that businesses to lie and fooled the people who wil join in them .definitely the owner and the top members will earn so much and the ones who were the last suffers all to make money for other people on top of that pyramid scam scheme . I have recently experience it on bitcoins HYiPS or Ponzi.
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
I've invested inside a MLM scheme a long time ago and made a few bucks from it. The whole thing just isn't worth it in the end because it ruins reputation and the money isn't that much to begin with. The person at the top of the Company of MLM's make so much money because of the people promoting the products and it doesn't matter if the person is a good promoter or not since there's usually 4 or more other top promoters within the company working for the CEO.
hero member
Activity: 994
Merit: 544
No, because you are willingly creating your wealth at the expense of others.

How could I live with that knowing that every cent I spend is directly due to the suffering of others.
very well said mate, if you believe with karma it will go back to you whatever you did if you earn from that ponzi which you already knew was bad then expect the consequence of suffering too, its the money came from those people who invested with it and hoping that they will earn in returned.
For me I will actually invest in early stage but after reading this I think no now. Because your right sir you will just spend the money of others that suffering because they're money has been scam, This is a good answer that I read. I will not invest in MLM that is a scam because if I invest in them I can call myself a scammer too.

That is right when we join any MLM companies in the beginning then we become corrupt as the company since we will be fishing the hard earned money of the new members. Its like we are stepping on them in able for us to gain a huge profit. We can become rich but at the sake of their losses. If we dont have a conscience then we will not mind the suffering of people in order for us to earn.
hero member
Activity: 826
Merit: 501
No, because you are willingly creating your wealth at the expense of others.

How could I live with that knowing that every cent I spend is directly due to the suffering of others.
very well said mate, if you believe with karma it will go back to you whatever you did if you earn from that ponzi which you already knew was bad then expect the consequence of suffering too, its the money came from those people who invested with it and hoping that they will earn in returned.
For me I will actually invest in early stage but after reading this I think no now. Because your right sir you will just spend the money of others that suffering because they're money has been scam, This is a good answer that I read. I will not invest in MLM that is a scam because if I invest in them I can call myself a scammer too.
hero member
Activity: 2128
Merit: 520
No, because you are willingly creating your wealth at the expense of others.

How could I live with that knowing that every cent I spend is directly due to the suffering of others.
very well said mate, if you believe with karma it will go back to you whatever you did if you earn from that ponzi which you already knew was bad then expect the consequence of suffering too, its the money came from those people who invested with it and hoping that they will earn in returned.
X7
legendary
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
No, because you are willingly creating your wealth at the expense of others.

How could I live with that knowing that every cent I spend is directly due to the suffering of others.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Referring people is bad.  Investing in Ponzi schemes could be okay though, provided that you're comfortable with the fact that you'll be getting dirty money from bad people.

Are you sure about what you are saying? Investing in ponzi schemes should not be tolerated and it's bad to encourage people to invest there because they are going to get scammed in the end. Whether you'll be in first stage or not it's better not to try it out because many people did experience on how they scammed their investors.
sr. member
Activity: 812
Merit: 251
I will invest but with a small amount. If i get my interest, I will withdraw everything. Just repeat that and remember that all of these bitcoin investment sites especially hyips will turn into scam before a month so might as well outsmart them.

i think we don't have this chance as that MLM is scamming us in the early stage and we can not withdraw anything we invest. i think, for hyip programs, if the programs is start in less than 10 days, then there will be a chance for us to get our money back plus with the profit. but if we are join after 10 days or more, then be ready to get scamming because this is what i am learn in my past.

You should never be interested at any stage. I think it's fair to stay away from MLM's and HYIP's as they might ripoff a friend or family if not you this time around.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
I think OP is making a mistake by tagging all MLM or  as a Ponzi scheme. The real Multi-Level Marketing (MLM) or affiliate marketing outfits do actually have tangible products they sell in addition to the referral bonuses they offer. This is quite different from schemes that encourage participants to pull money/resources or bitcoin together to grow some other participants' contribution without marketing any tangible products. That is a clear Ponzi scheme and a scam

I'd rather consider this as a disguise

In other words, if you remove this tangible asset from the whole scheme you will get the same Ponzi where the first comers receive money by selling some shit at absurd prices to the next comers. The difference is purely quantitative, one of degree. In outright scams, the tokens used for transferring value (say, MMM vouchers) are purely virtual while things used in MLM schemes are tangible and allegedly have some utility, after all. But inside, it is still the same good old pyramid scheme. It doesn't crash all at once simply because the tangible assets used there have some value on their own, i.e. their value can't fall below their true market value
legendary
Activity: 854
Merit: 1000
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?
A scam is a scam.Early investors may get profit from them but as a responsible community member, I would never promote anything knowingly which is a scam.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
I think OP is making a mistake by tagging all MLM or  as a Ponzi scheme. The real Multi-Level Marketing (MLM) or affiliate marketing outfits do actually have tangible products they sell in addition to the referral bonuses they offer. This is quite different from schemes that encourage participants to pull money/resources or bitcoin together to grow some other participants' contribution without marketing any tangible products. That is a clear Ponzi scheme and a scam.

 That said, I won't invest in such a scheme knowing full well that it is a scam. A good name is better than dubiuos riches.
sr. member
Activity: 770
Merit: 278
In the first place knowing that a mlm is a scam why would you invest on it ? Unless your aim is only to earn or to make people believe at you to join you for you to earn so it will be a double scam and its not a good thing for you to earn . I don't invest on that ponzi sites now i learned on it it will just run for a matter of days or weeks then run the money we invest and i don't want people told me that i am one of the scammer because of promoting and inviting them into a scam.
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