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Author Topic: Will you invest in a MLM scam in early stage?  (Read 16745 times)
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February 11, 2017, 06:24:27 PM
#81

With what I have experienced in the past in my early years of coming into this crypto world, I am not even going to try it again. There is one I even did recently with the news that its new and will continue to pay after I had put money 5 days is all that is needed for me to get my money and they scammed two days before the end of my 5 days period but they were new. So, I am not going to join under any circumstance.

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February 11, 2017, 09:50:19 PM
#82

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?

It's a scam and I don't normally mix scam with investment because they are not meant to be together but if you will push me to the wall I will just try to determine the stage of the NLM; is it at the beginning, middle or end stage? It's very difficult to find out the stage but if it's at the beginning then the risk will be less so I can invest else forget you won't get me to invest.
It does not matter if the MLM is at the beginning stages, a scam is a scam and there is no way around it, even if for some miracle you were able to obtain all your money back and even some profit you can be sure that many people wont and you will be an accomplice of the scam.



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February 11, 2017, 11:00:06 PM
#83

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?

It's a scam and I don't normally mix scam with investment because they are not meant to be together but if you will push me to the wall I will just try to determine the stage of the NLM; is it at the beginning, middle or end stage? It's very difficult to find out the stage but if it's at the beginning then the risk will be less so I can invest else forget you won't get me to invest.
It does not matter if the MLM is at the beginning stages, a scam is a scam and there is no way around it, even if for some miracle you were able to obtain all your money back and even some profit you can be sure that many people wont and you will be an accomplice of the scam.
Here's the thing.
If those other people are investing in the MLM scam, they are accomplices of the scam too, or at least they want to be. (unknowingly)
I guess you can say they get punished, and you don't.

This question is really interesting because it puts morals against personal interest.
You have a chance to gain profit at the expense of someone else, but regardless of what you do it won't stop the MLM scam from happening.

   
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February 12, 2017, 03:39:43 PM
#84

Those speakers that are attracting us to invest and join their MLM investments are well trained. Because I've been into many companies of MLM and it certainly attracting me the way they talk and about promising the return you can get. But in reality even you are one of those pioneers you will still have the vulnerability of being scammed.

If you have known of their scheme, no matter how good they are at explaining or talking, you will never fall for their trick. 

Yeah I won't fall to their sweet talks anymore because they will just fall into the same result as they did before, to scam people and run away their funds, investments. I was greedy enough before and this trick will just fall for those people who are greedy just like me before but for now, I did learned from my past mistake already.

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February 12, 2017, 04:12:51 PM
#85

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy
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February 13, 2017, 04:55:57 AM
#86

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy


Yes, there are some bitcoin mlm scheme/scams which do not require inviting other friends(person). You could create dummy accounts for you and invest via them as your referrals. This way you are putting all your money and not inviting other people.
It is possible to get money back from MLM scam if :
1. you enter in early stage
2. You don't reinvest your  returns from scam.

This way it is possible get money out of MLM scams.

When it comes to MLM, some people become very possessive about their legality and defend them as legit.

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February 13, 2017, 04:37:50 PM
#87

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy


Yes, there are some bitcoin mlm scheme/scams which do not require inviting other friends(person). You could create dummy accounts for you and invest via them as your referrals. This way you are putting all your money and not inviting other people.
It is possible to get money back from MLM scam if :
1. you enter in early stage
2. You don't reinvest your  returns from scam.

This way it is possible get money out of MLM scams.

When it comes to MLM, some people become very possessive about their legality and defend them as legit.

There is no way you could get money from this kind of MLM thing because from the start you join you already been scammed away. Just need some time to make you believe that you are going to get your money but in the end they can't pay you up. Most scheme that I saw before was they make you believe that you have huge amount on your account and when you want to withdraw it takes a long process and in the end they dont give any penny in your account. So it is better to stay away from this kind of MLM thing before you regret it
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February 14, 2017, 08:42:41 AM
#88

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy


Yes, there are some bitcoin mlm scheme/scams which do not require inviting other friends(person). You could create dummy accounts for you and invest via them as your referrals. This way you are putting all your money and not inviting other people.
It is possible to get money back from MLM scam if :
1. you enter in early stage
2. You don't reinvest your  returns from scam.

This way it is possible get money out of MLM scams.

When it comes to MLM, some people become very possessive about their legality and defend them as legit.

There is no way you could get money from this kind of MLM thing because from the start you join you already been scammed away. Just need some time to make you believe that you are going to get your money but in the end they can't pay you up. Most scheme that I saw before was they make you believe that you have huge amount on your account and when you want to withdraw it takes a long process and in the end they dont give any penny in your account. So it is better to stay away from this kind of MLM thing before you regret it

I'm strongly against MLM schemes and don't like the anatomy of it at all. Now accessing MLM schemes objectively, it is very much possible to benefit from MLM and it happens all the time with MLM scams. If you enter into the scheme very early and don't reinvest then and then you could earn benefit (or at least get your investment back) from it. Because of early participation the promoter of MLM scheme has to give returns to you otherwise you will not endorse them. Thus who gets paid regularly goes into endorsement mode and recruit others. Till incoming money is greater than outgoing money scheme goes on.
Problem is for rest of recruits who either join party late or early investors keeps on reinvesting money and never getting initial money out. Again greed plays important part here. That is why stay away from MLM scams.

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February 14, 2017, 08:57:50 AM
#89

If it won't require me to invite friends into it and I know I'm early enough, I would if I have the money to spare.Drop in some cash, take it out along with interests, and the leave without looking back. The internet has made this a lot easier now, though I think it becomes harder to game them. A relative keep on insisting that I deposit some bits in btcriver.com, swearing he made money out of it. Just so he'd stop talking about it, I deposited a small amount and then just disregarded it. Now he's complaining that it won't let him withdraw again. I've been tracking the money I deposited there and I redeposit the profits. I'm waiting for all of the deposits to mature now. If their scammer system only tracks how many times money has been deposited to an address and it allows people to get bits at least once, I might still be able to get my money back. Cheesy


Yes, there are some bitcoin mlm scheme/scams which do not require inviting other friends(person). You could create dummy accounts for you and invest via them as your referrals. This way you are putting all your money and not inviting other people.
It is possible to get money back from MLM scam if :
1. you enter in early stage
2. You don't reinvest your  returns from scam.

This way it is possible get money out of MLM scams.

When it comes to MLM, some people become very possessive about their legality and defend them as legit.

There is no way you could get money from this kind of MLM thing because from the start you join you already been scammed away. Just need some time to make you believe that you are going to get your money but in the end they can't pay you up. Most scheme that I saw before was they make you believe that you have huge amount on your account and when you want to withdraw it takes a long process and in the end they dont give any penny in your account. So it is better to stay away from this kind of MLM thing before you regret it

I'm strongly against MLM schemes and don't like the anatomy of it at all. Now accessing MLM schemes objectively, it is very much possible to benefit from MLM and it happens all the time with MLM scams. If you enter into the scheme very early and don't reinvest then and then you could earn benefit (or at least get your investment back) from it. Because of early participation the promoter of MLM scheme has to give returns to you otherwise you will not endorse them. Thus who gets paid regularly goes into endorsement mode and recruit others. Till incoming money is greater than outgoing money scheme goes on.
Problem is for rest of recruits who either join party late or early investors keeps on reinvesting money and never getting initial money out. Again greed plays important part here. That is why stay away from MLM scams.

What you explained is the main reason of MLM schemes are getting income even after all of them knew about it as a scam , but the users think of that he is in early stage and invest in it and spread the word but he dont know that he is also supporting the scam to get spread instead of stopping it from getting spread

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February 14, 2017, 09:03:58 AM
#90

I would never be a part in any of the MLM schemes anymore. In the past I experienced a big loss through one of the MLM. Initially it went successful and I was happy, introduced it to several friends. Everyone in a short made big investment in it. Everything went as a scam in just three months time. I was not able to face my friends anymore, somehow managed to give them a small amount back.



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February 14, 2017, 01:27:52 PM
#91

No, I think it is very risky, because we never know when will the MLM scam. It could be that after we invest and then scam. I particularly hate with MLM because ponzi business systems makes us like a fool.
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February 14, 2017, 01:47:41 PM
#92



Will you invest in such scheme well before it vanishes with bitcoins/money?

There are other risky methods there to earn bitcoin that is worth the shot, why would I choose an obvious risk?

Yes at "early" phase of those ponzi business, investors really have a chance to make profits but the questioned here is, how long is that "early" phase? There are MLM/ponzis that only runs for few weeks or much worst, few days so even people able to invest early, they won't reached their respective ROI.

That's how risky is it. Really not a worth a shot. Id rather invest in an ICO rather than this.

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February 14, 2017, 04:08:51 PM
#93

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?

It's a scam and I don't normally mix scam with investment because they are not meant to be together but if you will push me to the wall I will just try to determine the stage of the NLM; is it at the beginning, middle or end stage? It's very difficult to find out the stage but if it's at the beginning then the risk will be less so I can invest else forget you won't get me to invest.
It does not matter if the MLM is at the beginning stages, a scam is a scam and there is no way around it, even if for some miracle you were able to obtain all your money back and even some profit you can be sure that many people wont and you will be an accomplice of the scam.
Here's the thing.
If those other people are investing in the MLM scam, they are accomplices of the scam too, or at least they want to be. (unknowingly)
I guess you can say they get punished, and you don't.

This question is really interesting because it puts morals against personal interest.
You have a chance to gain profit at the expense of someone else, but regardless of what you do it won't stop the MLM scam from happening.

I will admit it is an interesting question, but while the scam in question will keep happening you must understand that by not investing in it, you are shortening the life span of the scam, even if just by a little time, if enough people do that then the time of the scam is greatly diminished and less people get scammed.



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HAS BEEN RELEASED!


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February 14, 2017, 04:54:15 PM
#94

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?

It's a scam and I don't normally mix scam with investment because they are not meant to be together but if you will push me to the wall I will just try to determine the stage of the NLM; is it at the beginning, middle or end stage? It's very difficult to find out the stage but if it's at the beginning then the risk will be less so I can invest else forget you won't get me to invest.
It does not matter if the MLM is at the beginning stages, a scam is a scam and there is no way around it, even if for some miracle you were able to obtain all your money back and even some profit you can be sure that many people wont and you will be an accomplice of the scam.
Here's the thing.
If those other people are investing in the MLM scam, they are accomplices of the scam too, or at least they want to be. (unknowingly)
I guess you can say they get punished, and you don't.

This question is really interesting because it puts morals against personal interest.
You have a chance to gain profit at the expense of someone else, but regardless of what you do it won't stop the MLM scam from happening.

I will admit it is an interesting question, but while the scam in question will keep happening you must understand that by not investing in it, you are shortening the life span of the scam, even if just by a little time, if enough people do that then the time of the scam is greatly diminished and less people get scammed.

Yes, this is indeed interesting hypothetical situation where if you make correct moves at right time then you could earn in $150k/month but at same time you are earning than money at expense of others loss.  Recently i came to know that some people are earning in range of  $ 149515.30 per month.  When stakes are this high do you really think it is easy to stay away ?

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February 14, 2017, 05:10:33 PM
#95

It would be much better if you invest your money in bitcoins. Just simply holding the coin gives you profit after a couple of months. Since the MLM scam that OP has is giving 10% return per month, bitcoin holding would be much better than that as you can multiply your money depending on your timing and how long are you going to hold it. It's much safer too.

You know that it's a scam, then why even bother ask people if it would be good to invest there? I suggest that you stop wasting your time risking money on sure scam like those.

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JariKriting
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February 14, 2017, 05:15:31 PM
#96

Iam not interest MLM program, hyip ponzy site
if return only few profit, but if scam you can lost all money, only plan big comission referal and can find much referal can get much profit in MLM and ponzy site



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Monnt
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February 14, 2017, 05:26:50 PM
#97

only plan big comission referal and can find much referal can get much profit in MLM and ponzy site
Yes, when we are not bothering about our friends and colleagues and their possibilities for recovering investments then we can join any MLM programs and we can force our friends and colleagues to join under us as down-lines. Because a typical MLM works this way alone.

When we are earning some referral commission when that referred person get some benefits then there would be nothing wrong. But MLM is not in working that way.
lordquanta
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February 14, 2017, 05:55:45 PM
#98

Indeed it is very important for everyone (including me) to understand never ever invest in MLM scam.  There will be situations where your friends and colleagues will be happily investing in these scams and not necessarily under you but someone else. You'll not get any referral commissions out of their investment, however when you know a scam is in process then you can't explain it to people aka your friends who are happily investing because they are getting regular payments. You became a bad person if you explain them about scam. They will think that your jealous of their success. And you don't want them to succeed. This goes on till scam is getting fresh investments. Once scam is exposed and promoters runs away with money only then they will understand their mistake. There is quite good chance that you may still be hated because they'll  think that you jinxed it.

Thus my opinion is stay away from MLM no matter how big you could earn. Ultimately it is other peoples money is getting robbed. Whatever you may earn it is from that loot money.  Thus say no to MLM scams.

Big problem is explaining people MLM scam and warning people against scams especially when they are receiving regular payouts.     

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zeaderza
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February 14, 2017, 06:03:25 PM
#99

MLM must be a scam attempt in my view. I never agree with MLM is kind of affiliate program. Ponzi schemes have definite differences from affiliate marketing. But unfortunately many people are working on MLM with same thoughts as affiliate and facing problems for their reputations. 

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February 14, 2017, 10:20:32 PM

No, I will never do it as the odds for me to never see my money back are too high to take the risk. If however I am 100% to get it back, I will do it.

Edit : I saw about affiliates. So no, I will not do it, as I do not want to do some affiliating. If I need to do the work, better go somewhere else !

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