blackmagician
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March 05, 2017, 05:19:26 AM |
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No ,i will not invest even in its early stage because i already learned my lesson when im so addicted in investing, all i want before is to invest in almost all site to have easy money but i was wrong . It only gives headache and took away all my bitcoin.
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bikbik2
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2017, 09:39:52 AM |
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No ,i will not invest even in its early stage because i already learned my lesson when im so addicted in investing, all i want before is to invest in almost all site to have easy money but i was wrong . It only gives headache and took away all my bitcoin.
All doubtful projects do not need to take into account and do not fall into the trap cheaters. But otherwise, everyone makes choices out there. Any pyramid is bad, because in the end it is still cheating.
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PowerWalletDotCom
Jr. Member
Offline
Activity: 55
Merit: 10
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March 23, 2017, 02:14:10 PM |
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Yes, this can be good to earn. This is a very risky investment and you need to invest only at the beginning and bring a profit as soon as possible.
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darthmaul
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 23, 2017, 04:07:14 PM |
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I had one experience with whatever scenario you have put forth here. I invested in bitcoin mining website though but it turned out to be scam site later on. I invested in it at early stage (I also had pre-registered account) so I invested little bits at first and they paid me on daily basis. I gained a lot more trust on them due to this and I invested big chunks on them. I got bigger returns but soon if (literally within one month) that site got shut. However, i enjoyed initial outcome and I had no loss later on as I was reinvesting my money (FYI: did compounding). So yes people might be looking for such opportunities and may earn big profits in short term. But as we can see it is very risky stuff. It is possible to trust them for short period if they are paying you on daily basis. :-)
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cakravothy
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March 23, 2017, 04:15:15 PM |
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I will invest if im one of first 20 to invest on that mlm. If youre an early bird you will definitely profit but if youre one of the late comers better not join,cause your investments will not give you anything in return.
if real MLM without pasive income without profit join early or last is not affect join first can't get referal can't earning, last join can scam if ponzi hyip youre join first in today tommorow can scam without receive payment ponzi scheme only liar, owner only want run capital money member and investor
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boyptc
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March 23, 2017, 04:20:31 PM |
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No I won't, I already know how MLM works and as you can see in the title, it says "scam" so definitely whether I will be one of the first people that are going to join and invest into it and chances of earning is there. Still I don't want to put my reputation to be destroyed by it, because I know in the end that it will still fall into scam and I'll be blamed by my down lines. So it's a no, no, no.
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Hydrogen
Legendary
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Activity: 2562
Merit: 1441
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March 23, 2017, 04:25:00 PM |
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MLM / pyramid structures aren't fair.
Those at the top don't have to do much. Its success is based upon how hard those at the bottom work.
Its not a good design for long term growth or sustainability.
Would prefer to have an arrangement similar to what the Pequod had in the book Moby Dick.
That seems like a good business structure for long term growth & keeping everyone active and motivated.
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darkangel11
Legendary
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Activity: 2464
Merit: 1359
Don't let others control your BTC -> self custody
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March 23, 2017, 04:31:08 PM |
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Before investing you should consider 2 things: 1. This is not an investment. You are giving money to scammers who will steal from someone. Maybe from you, maybe from someone else. 2. If you gain something it will be at the expense of other people. These losers will finance you, not the owners (scammers). If you're ok with that go on and "invest"
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dmamigo
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March 23, 2017, 04:54:32 PM |
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It is better to state it as gambling, if you are willing to gamble with your money, then indulge with MLM. Now about the topic, sometimes it will give good profits and sometime nothing, so I think I won't indulge myself with MLM.
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SikatBray
Member
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Offline
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Merit: 10
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March 23, 2017, 04:58:48 PM |
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I will never do such things. Unethical is unethical, no matters if it is on day 1 or day 30. For some profits, I dont wanna ruin my sleeps in worry of losing amount. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Better earn safe and live happy.
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eternalgloom
Legendary
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Activity: 1792
Merit: 1283
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March 23, 2017, 05:13:31 PM |
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It is better to state it as gambling, if you are willing to gamble with your money, then indulge with MLM. Now about the topic, sometimes it will give good profits and sometime nothing, so I think I won't indulge myself with MLM.
I definitely wouldn't put MLM in the same category as gambling, gambling is legal in some form in most countries whereas MLM's or pyramid schemes are not. I know not all MLM's are pyramid schemes by definition, but most of them are just that. It also just seems unethical to lure people into something like that.
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lordquanta (OP)
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March 23, 2017, 05:43:03 PM |
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People who want to earn money via passive income source like MLM, are blinded by greed. No scammer ever forces anyone to pay them money. Instead they take advantage of weakness of greedy people. Anyone who blindly invest money in MLM scheme is at risk of loss of money. Yet lot of people still take the bet. So it is the naivety which lands them in trouble. With this greed they will loose their money one way or another. Could we agree on a point?
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Perle
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March 23, 2017, 07:04:39 PM |
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People who want to earn money via passive income source like MLM, are blinded by greed. No scammer ever forces anyone to pay them money. Instead they take advantage of weakness of greedy people. Anyone who blindly invest money in MLM scheme is at risk of loss of money. Yet lot of people still take the bet. So it is the naivety which lands them in trouble. With this greed they will loose their money one way or another. Could we agree on a point?
Is it bad to make money? If it is possible to receive income without exerting much work, then that's great, the main thing that it was not to the detriment of others. But what is the secret of such a possibility in MLM, why they are considered scams?
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Doamader
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March 23, 2017, 07:50:59 PM |
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No, i wouldnt be part of scam project being early stage or not, thats the main reason scammers open one business wait 2-4 days and open another similiar project, soo if you support this behaviour you are a supporter of scams, the best way to handle this is dont deposit a single coin this way this projects will die.
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RedX
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March 23, 2017, 11:13:14 PM |
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Definitely no. These kind of mlm will turn to scams after some time. But i see some people who still invest in these sites even knowing that its a scam because they know how to take advantage of it. They will pay first to get your trust and then if many people join and invested to their site, they will vanished.
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Fatanut
Legendary
Offline
Activity: 1008
Merit: 1060
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March 24, 2017, 07:42:29 AM |
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MLM / pyramid structures aren't fair.
Those at the top don't have to do much. Its success is based upon how hard those at the bottom work.
Its not a good design for long term growth or sustainability.
Would prefer to have an arrangement similar to what the Pequod had in the book Moby Dick.
That seems like a good business structure for long term growth & keeping everyone active and motivated.
If the pyramid isn't fair, how else should it work? Those at the bottom (newcomers) will earn right away? Looking past, those that are at the top used to be at the bottom of the pyramid. They also did hard work and then those that they've recruited have done a good job. So they end up getting more referral rewards without doing that much. This is something that you'll here from an MLM promoter. "Those that are at the top were once at the bottom. Start your own pyramid now and be the upline of the new ones." or something like "It's not too late to start your own pyramid." There are even MLM promoters that say that you don't have to do anything at all. You can just sit down and then you'll earn money. That's pretty unrealistic unless you've established your network already. But you can't earn money by just sitting down if you just joined their network. All these MLM crap are causing me head aches.
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sulendra12
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March 24, 2017, 07:48:47 AM |
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Definitely no. These kind of mlm will turn to scams after some time. But i see some people who still invest in these sites even knowing that its a scam because they know how to take advantage of it. They will pay first to get your trust and then if many people join and invested to their site, they will vanished.
And... Good subject to be a downline for those early investors is newbie on Bitcoin and HYIP hunter. There are no people who doesn't want to earn money without do anything, and newbie is a good subject to hire them to HYIP's site and earn from their investment. Even in early stage, we should not invest to HYIP. If everyone do that, HYIP could be collapsed and hard to exist again because lack of investor.
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tabas
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March 24, 2017, 08:46:55 AM |
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No, I don't have the guts and trust to them anymore. Though I know how their system works still I will not invest any of my money from them anymore. They destroyed the trust of my friends because of making me believe that they are real. It's a lesson learned to me already and even I will be on the top spot of this pyramid scam, it's a no.
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Pattart
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March 24, 2017, 09:23:53 AM |
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No, I don't have the guts and trust to them anymore. Though I know how their system works still I will not invest any of my money from them anymore. They destroyed the trust of my friends because of making me believe that they are real. It's a lesson learned to me already and even I will be on the top spot of this pyramid scam, it's a no.
even if you're sitting on top in the pyramid system, but if you're on other users and friends same as you do scaming on others. MLM will hurt anyone below including your downline
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jossiel
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March 24, 2017, 09:45:43 AM |
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This is encouraging if someone offer me this type of deal probably I'll fall for it only if I don't read reviews about this investment.
And another thing is that if I don't experience on how their companies are supported with it's revenue from it's member.
I will not definitely be fooled on the same investment again with these MLM's scam.
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