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Author Topic: Will you invest in a MLM scam in early stage?  (Read 17196 times)
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April 09, 2017, 01:55:26 PM
 #261

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.

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April 09, 2017, 03:15:36 PM
 #262

Referring people is bad.

It is not bad.  It depends on the motives why you refer people.  There are instances you refer people to those who can help them specially when they are looking for jobs.  It is only a bad thing if the motive is to exploit them and get commission out of their investment.

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.

How can you say referring people is a bad thing and investing in Ponzi is ok.  That seems contrasting.  Ponzi scheme are proven to be bad if moral is to consider.  This means we are to take profit at a cost of others lost.

                                      
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April 09, 2017, 03:19:55 PM
 #263

Hell No, I believe in karma and certainly dont want it coming back and hurting me in the near future. When you refer someone money that they will lose will eventually be on your head, some will even invest their life savings and be in debt when it becomes apparent its scam and it will all because you knew it and yet because of a little profit referred them.
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April 09, 2017, 03:22:14 PM
 #264

Whatever the schemes of mlm business that promise you high profits, as long as the ask you to find and collect referral, don't ever invest your money on it. If it's legit, they will find another good way to attract more people. But if you insist to invest in some mlm because you fall in love with their promise, make sure you join when they were just starting to safe your money back. Everyone knows, this kind of business will die sooner or later. And before their going to be scam, you've got your money back with the profit.

I don't think there's an assurance that you'll get your money back just because the MLM is new. There's even no assurance if you're going to ROI no matter how long or how short an MLM company has been running. The only way you'll get your money back is to refer people which basically means scamming them since the business itself is a scam.

If the MLM company is just new, it's quite harder to refer people since they don't know what company is it. It's easier to recruit if the company has been running for quite a decent amount of time and has a good reputation. On the other hand, if the guy you're talking to knows how this scheme works, then you can never recruit him.

                           
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April 09, 2017, 04:05:04 PM
 #265


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.

The duration of period depends on the output of the investors stats of the said MLM companies. So no specific time as even more than 10 days, a HYIP or any ponzi scheme can continously pay to make sure more investors will come and will eat the bait. Also it really depends on the owner when they will show their true color.

In most of the cases, if they see good output within a few days, they will continue to operate to gain more deposits. That's why they makeup some long term plan which as far as my knowledge concerned averaging from 30 days above before investors gained profits. But if ever while on operation and they reached a good amount that can consider as making them rich, obviously they will go out anytime.

It was also present in real world especially here in our country. Tired of explaining to them what is the output if they joined so I think the best thing to do is to make them feel what investing in MLM really does.

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April 09, 2017, 04:13:18 PM
 #266

If I was to invest in something like an MLM scam then you can be sure has hell it would have to be at most days after ti started and I would maybe, at best, be involved for a week until I saw enough value in leaving and leave with what I can.

There's no way that I would ever come close to sticking something like that out to the end. I would have absolutely no shame in taking my money and running if the time was right and I would come out with at least a net zero change to what I went in with.
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April 09, 2017, 04:14:57 PM
 #267

Hell No, I believe in karma and certainly dont want it coming back and hurting me in the near future. When you refer someone money that they will lose will eventually be on your head, some will even invest their life savings and be in debt when it becomes apparent its scam and it will all because you knew it and yet because of a little profit referred them.
Apparently referring it is mostly optional in this kinds of scheme. So whenever if you join into something like this with the knowledge on the risk you are taking then better not invite someone. Even though I know that MLM is a risky investment but most of them aren't at the first then later became a scam. So i rather join in into it at the start then quit after the first withdrawal.


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April 09, 2017, 04:45:12 PM
 #268

Considering referral schema, I'd rather go to the casino and bet everything on red than spend my life and sacrifice most of my relations to achieve some silly plans. What mostly repels me from MLM is the necessity of focusing not on the attractiveness of the stuff you are going to sell, like in normal business, but on convincing people that it's actually worth to overpay and/or join your network. I'm afraid, that from some point it is necessary to lie to people to reach your target.
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April 10, 2017, 11:18:17 AM
 #269

Considering referral schema, I'd rather go to the casino and bet everything on red than spend my life and sacrifice most of my relations to achieve some silly plans. What mostly repels me from MLM is the necessity of focusing not on the attractiveness of the stuff you are going to sell, like in normal business, but on convincing people that it's actually worth to overpay and/or join your network. I'm afraid, that from some point it is necessary to lie to people to reach your target.

That "some" point that you're talking about is right from the start. You're lying to them that you can earn that much from the company when in reality, only the guys that started the company can achieve such success. Some even create a video to show an example of an MLM member that have made fortune from it. But in reality, they had to lie and they had to destroy various relationships just to get at that point. If that's something that you're willing to sacrifice, then MLM might be for you.

Anyone who has common sense will ask "Then where's all these wealth that you're talking about?" to the person that are trying to scam them into joining an MLM network. I'm pretty sure 99% of the MLM member don't have the things that they are showing off.
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April 10, 2017, 11:32:40 AM
 #270

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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April 10, 2017, 12:20:00 PM
 #271

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.

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April 10, 2017, 12:58:14 PM
 #272

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.

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April 10, 2017, 02:26:34 PM
 #273

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

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April 10, 2017, 04:34:44 PM
 #274

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.

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April 10, 2017, 10:47:50 PM
 #275

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.



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Rainbot
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April 11, 2017, 01:06:31 AM
 #276

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.

Helping to create the world's first loving economy, not something based on fear or greed. Principles of love, abundance, consistency, automation, decentralisation, open source, economic multifunctionality. Scientific analysis will be uploaded to my site shortly for peer review.
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April 11, 2017, 03:01:49 AM
 #277

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.

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April 11, 2017, 03:16:11 AM
 #278

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.

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April 11, 2017, 04:08:07 AM
 #279

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.

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April 11, 2017, 04:17:23 AM
 #280

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.



               
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