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Author Topic: Will you invest in a MLM scam in early stage?  (Read 16800 times)
geopolisch
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February 18, 2017, 08:13:31 AM
 #121

MLM is just an instrument of the company so they can dispose their products without paying for employees, they will just use the peoples desire so they can dispose their products faster.
If MLM works in similar way of "affiliate marketing" then there would be no harm. Unfortunately MLMs are just circulating our money and the real problem starts there.
Yes there are a lot of differences between MLM and affiliate marketing. If we do enter into a scheme only for benefits for the money we are paying and no actual business is involved, that must be a ponzi we should avoid it unlike how affiliate marketing is working in completely different way as a extra benefits for referring.
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February 18, 2017, 05:57:49 PM
 #122

MLM is not a scam,it's just a distribution network

you do know herbal life and avon is listed on stock exchange right?
The problem is that most MLM are in fact scams so anyone using that name has become someone suspicious as it is cloud mining in this forum, I prefer to think of those business as an affiliate network rather than MLM.



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February 18, 2017, 06:30:29 PM
 #123

We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
the final results of the MLM scam will surely end. but users who sign up at the beginning is very likely benefit. but it still does not guarantee you will profit. because many MLM also the scam in a short time
Yes there were history that the MLM projects got shut down in the day one itself. So, the question of participating into it in early stages is indirectly supporting it like urging us to invest them if you find an MLM in early days. In other words what is the definition for early days ? and what would be the guarantee they will not wrap up just one day before to that definition.

MLM is just an instrument of the company so they can dispose their products without paying for employees, they will just use the peoples desire so they can dispose their products faster.
If MLM works in similar way of "affiliate marketing" then there would be no harm. Unfortunately MLMs are just circulating our money and the real problem starts there.
Early days definition is simple as early since launch of scheme or topmost in MLM tree.  MLM's shutting down in very early stage are mostly hyper HYIP type scheme. Normally MLM's without any specific product or mainly circulating money  are offering bit less profit than HYIP then it could go on for while. Remember Hashocean ran for two years. Those who invest in first year would have got benefit.
If MLM is working like Affiliate marketing  where actual product or service is involved and customers are benefiting from it then it is okay. However MLM scammers take advantage of this point and twist it to their benefit. Like scam would involve a product/serive whose actual cost would be less or compatible with those existing in market. These scams will increase the product/service value manifolds and then they will sell them. This way inflated price minus actual cost works more like ponzi scheme. People are asked to sell product/service, add more people in tree to get initial investment back and earn more profit. 
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February 18, 2017, 08:25:51 PM
 #124

No

Quite simply these are scams and the promoters and the people who set them up should be locked in jail. They will be illegal in nearly all countries where people participate (this might not matter to you, but if you are knowing promoting one of these schemes, not only are you preying on the vulnerable, lying and a general bastard you also guilty of a crime that could get you decades in a prison. They will always jupe more people out of money than people who gain. They also destroy confidence in the Bitcoin community.

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February 18, 2017, 09:12:42 PM
 #125

Some do say when they have invest early enough they've made a profit as little as they maybe before the ponzi closes it's doors and shuts down for the cycle.
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February 18, 2017, 09:15:25 PM
 #126

I would not dare to jump in front of a train knowing that it would kill me,so no i wont invest in any scum ponzi scheme what ever lucrative it may be i do not want to risk my coins and would not do that even at an early stage.
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February 18, 2017, 09:46:29 PM
 #127

We all know there is no way investing in a MLM scam will ever bring positive results no matter which stage its at. So I wouldn't waste my time.
You know what the say If it Sounds Too Good to Be True, it Probably Is!
the final results of the MLM scam will surely end. but users who sign up at the beginning is very likely benefit. but it still does not guarantee you will profit. because many MLM also the scam in a short time
There is always a high risk in this, regardless of whether you invest at the beginning, middle or end of scheme lifetime. The reason for this is that scammers are not interested in when people put money into it, for them the only thing that matters is that they make a profit and are able to get away at the right time.
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March 01, 2017, 03:41:24 AM
 #128

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?

whatever kind of great offer or great in return of the investment of their investors still I won't participate on such kind of scheme programs. It is because that kind of systems is not long last in this industry.

                                 
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March 01, 2017, 04:26:24 AM
 #129

I am one of the victim off this scam before when I using the Bitcoin for my very first time because I am amazed that I can use it to do investment. I earned enough BTC that time and because of my ignorance that time and eagerness to earn more for my future savings I decided to continue and invest more including my income from my original capital and suddenly the system stop and can't contact the support team. In short I loss everything maybe a total of 2btc (1btc : 533USD) way back 2015. I loss my money but I gained knowledge. Now Im happy because Im a part of our organization now and it help me a lot.
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March 01, 2017, 04:33:23 AM
 #130

I would not dare to jump in front of a train knowing that it would kill me,so no i wont invest in any scum ponzi scheme what ever lucrative it may be i do not want to risk my coins and would not do that even at an early stage.

It's hard to trust these type of investments whether you will be on the first line and has a chance to be an upline. Still that doesn't make us they will end up scamming their investors. So for me, even I will have a chance of being in the top spot, I am not going to take the risk on my own hard earned money that way.

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March 01, 2017, 04:44:49 AM
 #131

I will surely not invest any amount even its at early stage and I will get profit into it. In the first place we all know it scam and it will run your money one of the day, so why do I need to invite people if I know they get lost into it. I will share other online income but not this one.

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March 01, 2017, 04:46:10 AM
 #132

I would not dare to jump in front of a train knowing that it would kill me,so no i wont invest in any scum ponzi scheme what ever lucrative it may be i do not want to risk my coins and would not do that even at an early stage.

It's hard to trust these type of investments whether you will be on the first line and has a chance to be an upline. Still that doesn't make us they will end up scamming their investors. So for me, even I will have a chance of being in the top spot, I am not going to take the risk on my own hard earned money that way.
Its not just the potential of being scam by the MLM but also the ethical issue involve, they try to fool us with promise richness and after we join we will do the same to other users just to have a downline, and if everything did not go in the right place we will see our invited members suffer from what we did. Fooling people just to get rich is not a good way to earn money.

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batang_bitcoin
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March 01, 2017, 05:29:54 AM
 #133

I would not dare to jump in front of a train knowing that it would kill me,so no i wont invest in any scum ponzi scheme what ever lucrative it may be i do not want to risk my coins and would not do that even at an early stage.

It's hard to trust these type of investments whether you will be on the first line and has a chance to be an upline. Still that doesn't make us they will end up scamming their investors. So for me, even I will have a chance of being in the top spot, I am not going to take the risk on my own hard earned money that way.
Its not just the potential of being scam by the MLM but also the ethical issue involve, they try to fool us with promise richness and after we join we will do the same to other users just to have a downline, and if everything did not go in the right place we will see our invited members suffer from what we did. Fooling people just to get rich is not a good way to earn money.

Well always the owner and management of that company are the ones who will always win and get profit from it's investors. They are fooling all of us though it depends on how people will exit before they collapse but still I don't want to be confident just because I'm on the pioneer slots still they can betray those investors.

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March 01, 2017, 05:38:38 AM
 #134

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?

Many people are actually deceived by scamming, especially those who wants to grow their money right away or those people really greedy. But we can not blame people like them. There are people who promised a fair and bearing good words. Personally, I do not want to invest especially when I know that from the beginning it is a kind of scam. I don't  want to take a risk though in invesment there's  always a risk but not this one.


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March 01, 2017, 05:55:18 AM
 #135

In terms of being practical, Yes I will invest in MLM scam in early stage because i know that i can make profit from it and i can take advantage it by recruiting a lot of people and then i will do the hit and run scheme where i will harvest my ROI and then my commissions and i will ran away before it turns to scam  Cool.

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March 01, 2017, 06:35:08 AM
 #136

Some do say when they have invest early enough they've made a profit as little as they maybe before the ponzi closes it's doors and shuts down for the cycle.
but there are also many hyip or MLM scam in a short time so that even if you joined in the beginning even though you will still lose because not get the ROI. all of it depends on luck

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March 01, 2017, 07:04:40 AM
 #137

MLM is actually a very full proof business. The reason most MLM goes down is due to the poor execution and nothing else. Otherwise, MLM should not have to go down in any way.

I will be ready to put my fiat money in the early stage of any MLM if the amount is low but not my bitcoin for sure. Every sinlge bitcoin I earn, I keep it in a safe place for the future because I know this coin will fetch me a much higher return in future. Probably not now, but anytime 5-7 years down the line. Hence I can't afford to loose my bitcoin.

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March 02, 2017, 03:10:22 AM
 #138

Well sometimes I am open to take a risk but not on this of investments, I know already that is only going to be a going so it will be a stupid decision I am still going to invest my money on it . It is very similar to gambling but in MLM you have a chance to get something in return at first and also there's a possibility that you will lose so much amount if you are going to put a large amount as well if ever the persons who running that scheme gets satisfied to the amount that they have gathered from people .

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March 02, 2017, 03:44:11 AM
 #139

Some do say when they have invest early enough they've made a profit as little as they maybe before the ponzi closes it's doors and shuts down for the cycle.
but there are also many hyip or MLM scam in a short time so that even if you joined in the beginning even though you will still lose because not get the ROI. all of it depends on luck
Nope, even there are some MLM site was closing the site for directly after some of the people are already tried to send their money to the site. and I think to get on the MLM site is very risky. because anytime the site can be shutdown.


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March 02, 2017, 04:08:23 AM
 #140

It's a no and never. I was once a victim of those scammers and I don't have any trust with them anymore.

They did promised that when you're on the highest position or up line position you can have incentives and commission from your lower referrals.

But I don't believe with those words anymore.

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