Biggest bitcoin ponzi ever (?) shuts down. Farewell to MMM

[poptok1]

If somebody promises to give me 100% per month, come on, I have to be realistic.
There must be a catch. If I lose my money, it would be completely my fault and I could not complain in any way.
Those investments keep the ponzi makers coming over and over again. So don't be too greedy.

There always is a catch. No doubt about it.
I'm happy that another ponzi flipped belly up No remorse for investors from my side.
Any one starts to bitch about being scammed by those sites, well deserved it.
Greed shuts peoples eyes. Why pyramids are illegal with fiat, why they flourish withBTC,
investors should ask themself those questions. There is no such thing like free income.
Someone said (some ponzi runner on this forum) that ponzi is a form of gamble, NO it is not.
Common thievery-that what it is.

I think that the biggest financial pyramids, fiat or bitcoin or what ever are provided by special/secret service.

 

[Lauda]

Ah, finally there will be no more MMM spambots. This is a good day for Bitcoin.

oh now the drop in BTC price is making sense, MMM guy is cashing out his winnings

Nonsense. The price is barely moving.

I thought that bitcoin MMM has gone long time ago

No, their spambots were still active just in different sections (so it was alive at the time).

If somebody promises to give me 100% per month, come on, I have to be realistic.

Apparently, there are still people who as naive enough and believe in these schemes. If that wasn't the case, our current ponzi section would be empty.

[hasiramasenju]

Oh my my friend is putting big btc their and it is stuck and he cannot get his capital in MMM feel so sorry for him. I think MMM  is collapsed due to few of investors giving ph and i think their past investors is running and do not comeback to provide help for others.

it was the biggest mistakes from your friends why putting so much BTC just from MMM ponzi but this is the risk of ponzi sites and he should be realized these before regret his decisions i think he will not get his money back because these company was already shuts down

[shintosai]

https://twitter.com/btcWhaleclub/status/718537083434987521/photo/1

It won't be missed.

Wow the reason why I got to know btc farewell scammers I hope those who also been victimized by these ponzi will be happy maybe saying thank you for introducing btc but please give me back my money.

[pocarime32]

Finally this biggest ponzi MMM go down. Actually my friend got much bitcoins from here, and it's really good for early stage. But in the end ponzi always ended with scam.

[eyeknock]

Well, most of the time, people who 'invest' in a Ponzi always said, "as long as they still pay, why not take the risk/chance?". Then, they cry over spilled milk when the Ponzi shutdown or after they ran away with 'investor' funds.

The old question, this will never happen to me, i will withdraw the money before it crash, yes i know it is a ponzi but i will have lucky..... people will never learn, well, i guess that, in any point, everybody was so innocent like people who invest on those sites, lets hope people learn the lesson after this first fail...

[Denker]

Well this could explain yesterday's drop of about 2% right?!
Good to see this scheme collapsing. But I don't want to know how many people have lost their money.
I'd guess a lot.

[lottery248]

MMM always extend their collapsing period and claim that they have a long paying period to earn much more than expected AFAIK.
this sign is the end of ponzi, not even a warning. no more MMM then less spam needed to handle.

[Obdity]

That's crazy. Was it run by Mavrodi?

[idev]

I can't believe that people be deceived with this shitty games...

Yep, a fool and his money are sadly parted on a daily basis I'm afraid.

[Jeremycoin]

Glad to hear that, this kind of bad thing should be taken down. I hope this will illuminate people's mind to not investing to this kind of thing anymore

[Barbut]

I can't believe that people be deceived with this shitty games...

Exactly! I don't know how is dumb enough to invest in something like this, where they find such people.. All forum talked about that ponzi, a lot of smart people said it is a big scam. And again people fall and empty promises. I don't know how people get information's about services before investing money they need to search more. But sometimes I'm not surprised when I see how much people are lazy to read all comments.

I'm glad it over now, I hope people will learn something from this.

[CiaraB]

Does anyone recall what the BTC price was... when MMM Republic of Bitcoin™ first fired up?

It was quite low, then went up as they traded more and more (to around $1200), then crashed when they ceased trading in Russia, then went up again slightly as they started trading in China. The down again when China banned them, then slowly went up again as they opened their doors in South Africa, Singapore?, and wherever. Seems to be a direct correlation between BTC and MMM trading.

Will the price slowly go down again as MMM trades slow?

[Raja_MBZ]

So it was still going till this time? I guessed it's death way back.

If somebody promises to give me 100% per month, come on, I have to be realistic.
There must be a catch. If I lose my money, it would be completely my fault and I could not complain in any way.
Those investments keep the ponzi makers coming over and over again. So don't be too greedy.

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