Bitcoin Forum

Basically MMM is a "community group" as they said where people help each other.
Your bitcoins will grow 30% per month. So I joined just today in their so called community. Does anyone in here ever tried this? Did you guys gain profit from this? I just want to know before I send my money to them. Please let me know.  :)

I don't know them. But I think your crazy to send bitcoin to any such scheme. Ask yourself this question. If they could grow their BTC 30% each month then why the hell do they need your money? I would guess you will never see your bitcoin again. 

It's different from the investor based games that we have here. I saw they have a company registered here in my country and also they do charity works and participates in town activities. I just want to know if anyone else in this forum uses this and if they got profit from waiting.

Well it is a good sign that they are registered as a business. That will allow you to sue them if they just steal your money. However it is impossible to guarantee a return, much less 30% in a month. Think about what a preposterous claim that really is. Perhaps all they claim is that it is possible to make that much? I bet they don't emphasize that you could also lose 100%.

The most hyips are registred and they steal the coins from the users....

Isn't MMM a ponzi scheme company? http://www.thebitbattle.com/public/style_emoticons/default/huh.png
Read about them here (https://en.wikipedia.org/wiki/MMM_(Ponzi_scheme_company)).

Jacee post some in our local thread about it. Cjrosero who were also in our thread is a MMM member. He will answer you about your concern.

im a member of that community.
so far everything is running fine.
I earn around 0.08 btc every week there
downside of that group is if they dont confirm that they received your btc.

some people in our local thread are kind of rude to me. or that's what I view them. Anyway I just want to know others opinion

Can you give me the link to your local thread? :)

Are you talking about MMM the Russian ponzi scheme?

https://en.wikipedia.org/wiki/Sergei_Mavrodi

I too think that OP is talking about MMM the ponzi scheme company.
https://en.wikipedia.org/wiki/MMM_(Ponzi_scheme_company)

Hello. I`m MMMGlobal Member . This is a real financial pyramid( Ponzi scheme ) . This is written on their website. They pay 20% a month , but you can increase the profit growth of 100 % , fulfilling the tasks MMM Extras ( promotion of social networks , forums , etc.) Contributed $60 and for 14 days earned $110

Website? Can you give me the link to their website?
Thanks. :)

Hehe Ok. But you can message cjrosero if you really want to know anything about MMM PH. He will guide you step by step. I think those MMM from other country collapse and turn to a ponzi scheme. MMM Philippines from my view is strong. I can see them in their facebook group and I dont see any negative commments about them. They have meetups and meetings too. Just a suggestion.

Sounds like they are very trusted.
How to invest with them? ::)

http://m.mmmglobal.org
this is their site.

I have been on their website for few hours...
I still don't know how to invest with them.

Can someone guide me step by step? PM me.

It`s mobile version...

 change it to www. instead of m.  :-\

I am also in mmmglobal, received help from the last month 370 dollars.

Transfers from around the world !!


http://s019.radikal.ru/i611/1507/eb/c1c0634a94ee.jpg

That is good! I can't wait to invest with them. :)
How much did you invest at first?

I`m still waiting to help you with registration )

I invested less than $ 400. Just a few months ago. Received more than $ 600. The base rate of 20% per month. If you perform the task of advertising in social networks (in MMM «EXTRA» ), receive up to 100% per month.

Sent you a PM. :)

Invested less than $400 but received more than $600?!
How much did you earn monthly from this? ???

At first it was 30% in the month, then entered mmm Extra and became more. Now 100% per month, only it was not so long ago.

This month will be 100%

Minimum is 20% monthly. But you may perform 1 task from MMM Extra per day, which increase your earnings rate for 2.67% (1 task gives you +2.67% monthly) Maximum is 100% monthly

I believe interest depends on what country you joined. In Philippines, 10% is the minimum with 2 days hold out period. There's also a 30% interest but hold out period is 30 days.

MMM - is SCAM, which all time continuously restarts. ;D

It`s not MMM Russia )

I've join MMM few days ago but not yet invest. :)

MMM has been around for years in different forms, targetting different countries. "Elevrus" is a clone.
They are unsubstainable pyramid schemes which end in tears for the vast majority of users.

MMM produces nothing but illusions. Ask yourself, where does 20-100% per month increase come from?
Answer: from people like you, all wanting free money.

I did the maths in a thread on here which is now locked because it was flooded with spam from newbies posting to earn their Mavrodi Magic Money.
https://bitcointalk.org/index.php?topic=1026379.0

MMM specialize in heavy self promotion as a 'peoples alternative to the corrupt banking system'. They are nothing of the sort, just a scam preying on gullible, greedy people. There's a lot of them about. Are you one?





 

I don't think it's a scam.
Their system works just like shares.

I want to invest, but I had to wait until someone want to sell their Mavro purchase. :(

Yes, exactly like shares  ::)


That's a "Yes" from you then.

I'm not greedy, I'm just gullible. ::)

PS: I've not yet invest with them. So, I think I'm still safe? :P

It's either a scam where the people running it will steal your money, or a legitimate system that can't work because eventually it will run out of people and/or money to put in.

they take your money, give it to someone that got in before you, then you wait for somebody else to come in and pay out. This CAN'T work. The amount of money you need to do this grows exponentially.

You have a point.
I know how their system works because a member from the community guide me with all information I needed to know. :)

If that's true and you still think it's a good idea, you're money is going to disappear anyway, so it might as well go here. Your money is going to go into that member's pocket, where is the money that is going to you coming from? This type of thing is just not sustainable. It won't take very long for it to require obscene amounts of money to continue. How many of these need to fail before people start paying attention and stop joining the "new" version.

actually the money that he will invest will not go to the person that he is talking about. It will go to other people who needs it. I just read their details and I think they are legit enough. Also got contact from their managers and see enough proofs that they are actually paying.

Of course they are paying, they are paying out the money they are collecting, they are doing nothing to earn that money but holding their hand out, what happens when they run out of idiots to put more money in?

I've heard that if they run out of idiots, they will restart from scratch.
No offence.

the company MMM is not the one who pays the member
its the member who send BTC the person who needs help or assistance
but before you can ask for help you need to help someone first
and when you already provided assistance (help) the amount will be put in credit to your name and after a certain amount of time you can ask for assistance (help) as well
Members of MMM are just using the system and MMM is not holding the BTC or any BTC from members all it does is assign who will need assistance and who will assist

the owner of the system (Sergei Mavrodi) admits that this system can collapse if everyone will ask for assistance all at once.
I think that's what happened in India

That's why my Mavro purchase is not yet confirmed...because nobody want to assist me. :P

I think the owner/founder of MMM, sergey mavrodi, is a criminal (correct me if I'm wrong)
And 30% a month is big percentage , looks like a HYIP/ponzi to me
Stay safe dude and just invest what you can afford to lose :-\

Yes he is a criminal and his name is allover the internet and yet a lot of people believe him and his system
Eventualy the MMM system will collapse

I haven't heard about this community. If it is not the company of the three Russians created in the '90. But I don't think that someone be able to earn 30% in a month in bitcoins. It is a high profit that cannot be arrived. I wouldn't join them and I wouldn't put my bitcoins on their "activity".

MMM in the end will collapse just like the others ponzi that exist out there.

This company ran away with the money of investors several times in different countries.

Yeah, I've heard that they have restart their program for several times. :o

So they restart, leaving a bunch of idiots without the money they were promised, and then find a new batch of idiots to start again? how does that help the first set of idiots that didn't get their money back?

You know it's failed and started over again several times and still think it's a good idea? Just light your money on fire, at least it will look cool for a second.

Yes, that's what I heard, but I don't know whether it is true or not.

it is true.

Just think about it, they take money from one person, and then give it to someone else. how can that last forever? It can't, they will run out of money, they have to.

is this one actually run by Mavrodi? Look him up Google him, and figure it out.

This is a pyramid scheme. These always fail because they have to. Whatever they are promising to pay will eventually run out and many people will be stuck holding the bag.

Just think about it.

Mavrodi? I have seen him before on the Internet. :D
Every ponzi scheme will always collapsed in the end, isn't it?

Eventually it will collapse because not only that it needs to pay those who Provided Assistance and now wants to withdraw with 10% interest, the manager or the sponsor who Provided Help will get a % as well. And if you post a video of you in youtube saying that MMM pays, you will get another 5% of the amount you invested.

Those % will taken or sent to you directly by the person who plans to Provide Help

I've requested to Provide Help 2 days ago, but nobody want to Get Help from me yet. :(

that's very odd. It only means no one is asking for help (withdrawal) at this moment
from what country are you?

Yeah, do you know why they don't need help? :(
Also, why should I disclose my information to you?

if disclosing your country is a problem then no need to disclose
just trying to figure out why in your case no one seems to be asking for help
in our country it only takes minutes for help to arrive

In minutes? I mean, seriously?
I request to Provide Help two days ago, but my status is still in queue for dispatcher. :-\

Yes minutes only. Dispatcher will assign someone who will send you BTC in your wallet, now that's where the waiting game starts because sometimes the member assigned to Help you doesn't have available funds yet but they have 36 hours to complete the task.
Is your case the same where dispatcher has not assigned anyone to Help you and send BTC?

In my case, I think nobody want to sell their Mavro yet... :(

I see. Maybe they are waiting for BTC exchange rate to increase which is the bad side of MMM
You will not receive exactly the amount you are expecting because of the exchange rate of BTC

Sorry, but I don't get what you tried to say...
What you mean by "bad side of MMM"? :o

He means it,s the bad part of MMM where the amount of BTC you get somehow decreases or increases depends on it's exchange.

Oh, I see.
I don't think it's a big deal, as long as I receive payments. ;)

Hmm, let's see...

It's a pyramid scheme, openly admitted to by the operators.
It creates no added value or profit by business activity, it just moves money from one person to another. According to basic mathematics, it is destined to fail, whether it's days, weeks, months is anyone's guess.

In order to give/receive "help" (money), you become involved with dealing in 'Mavros'.
Mavros are named after Sergey Mavrodi, (Google and read) who, in previous MMM's, set the exchange rate for Mavro/your local currency. Sociopath or saviour, Mavrodi is a very clever man. Over the years, he has developed a pricing system for mavros which maximizes the life of the scheme and creates value within it for the operators.

As in any pyramid, the most important thing is the continued flow of new, bottom tier money into it. If you want extra Mavros, you must spam for MMM where and when you are told to.

You are controlled in when and who you send money to. Any breach of your instructions is a reason for termination. Try getting your money back then.

Previously, there have been 'freeze' or lock in times, during which you have no access to your money, real or mavro, without penalty.
Mavrodi justifies this by admitting that large scale withdrawals would kill MMM.

Pyramid schemes are illegal in most parts of the "first world" (even though one of the biggest, Amway, flourishes in the US because of its ability to fund huge legal defenses from its profits).
This is why the current targets for MMM are India, Indonesia, Malaysia, Bangladesh and the Phillipines.
Illegality may not bother you, but when things go wrong (as they will), it means no recourse to the legal system and possible action against people at manager + level.

Ignore the clever marketing that this is a social service of some sort, or a strike back against the evil banking system on behalf of the guy in the street. It's not, it's a clever repeating scam which has cost millions of poor people their savings by masquerading as their friend.

Anyway, all those words are wasted on you, krunox, because it is obvious that you are going to give it a try.
Come back and tell us how you get on, but if you start spamming it here, I'll report the fuck out of you to the mods.

 ;)

I might try it, but if I had to wait for too long just to invest, then I'll change my mind and look for something else instead.
Also, don't worry, I don't like spam either. :)

I agree with tmfp, eventually this will collapse just like what happened in in Russia and India. It may take time before it does but just like the owner of the system said "as long as they dont request all at the same time this will not collapse" which is not really possible. Day will come that those asking for Help will be more that those Providing Help and that spells trouble and don't forget that Managers get % of the money invested there. So where are they going to take that? Of course from those Providing Help.  ;D

i know about MMM in my country also MMM on world wide

and i has register there but i never sent my money to other user

i am too afraid lose my money and have to wait one month to get my money back :(

maybe no one wants to get help for now because the btc rates are increasing.

its a scam just ask mr.google, there are scam accusations about it and its very common for ponzi or hyip sites

hi, dude, did you sell your Mavro successfully in recent months?

I sold my 300PHP mavro last week but still I havent received anything.... Now I cancel the request and withdraw 4000PhP... Hoping that there is someone who will provide help... I think the system is losing of donators that is why no one get helped. But last last week I provide help, they say that there are more people providing help than getting help...why I cannot get my 300 in  a day, it was just 300 pesos... Now I am trying my 4000, if this will long weeks before someone will buy mavro, then I am quitting the  system... I am about to lose my 5000 pesos huhuhu >:( :( :'(