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Author Topic: Will you invest in a MLM scam in early stage?  (Read 17828 times)
lOvE mE forEvEr
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March 24, 2017, 11:24:23 AM
 #181

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
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March 24, 2017, 11:50:25 AM
 #182

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.

My personal preference is everyone having a percentage of overall profits. Basically the payment system Captain Ahab's ship, The Pequod, used in the book Moby Dick.

With set wages, there isn't much incentive for people to work harder or smarter.

If someone is paid $7 an hour, they're paid the same whether they work hard or slack off.

There isn't much incentive for them to work in the best interests of their employer.

Being paid a percentage of overall profits could give people incentive to do their job better as their wage is tied to the overall well being of the parent organization.

MLM's tend to mirror the executive format of fortune 500 companies in some ways, which could be said to reinforce wealth and wage inequality as CEO's are often paid exponentially more than they should for the amount of work they do.

MLM's might also be said to reward seniority more than hard work, which could in turn reinforce the type of glass ceiling which prevents deserving people from being promoted past a certain point.

The way MLM's are structured isn't as fair or balanced as they could be imo.

But like I said from the beginning, this is my personal preference. I'm sure there are those who disagree & have their own views.
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March 24, 2017, 12:38:54 PM
 #183

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
actualy they already know about the system of MLM if they come on board I think they have to accept all the risks that exist when MLM reset. but it would be profitable if you are on the top
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March 24, 2017, 02:00:42 PM
 #184

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
actualy they already know about the system of MLM if they come on board I think they have to accept all the risks that exist when MLM reset. but it would be profitable if you are on the top
Accepting the risk and then you people are going to invite and take the risk too trying to recruit that for the sake of profit ? Even you know both of you are going to be scammed at the end if you really want to earn profit then you need to learn more about investment in trading where you can earn there more than. What you deserve there.

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March 24, 2017, 10:45:56 PM
Last edit: March 30, 2017, 02:43:51 AM by andrei56
 #185

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?
No, even if I knew beforehand that I will profit from it I think it is immoral to profit form the disgrace of others, so I will avoid dealing in any kind of dirty business like that since I like the idea of sleeping without any worries in my mind.
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March 24, 2017, 11:45:30 PM
 #186

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
You will obtain a profit in MLM if you are on and have a lot of referrals but you should be able to fool a lot of people so that they would bargabung but I am sure this way would sin
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March 25, 2017, 02:54:30 AM
 #187

You will obtain a profit in MLM if you are on and have a lot of referrals but you should be able to fool a lot of people so that they would bargabung but I am sure this way would sin
Cheesy

I'd like to say, never recommend to Invest in HYIP and you shouldn't think member in here are stupid you can fool to join under you. Indirectly, you have recommended bad way to get profit in MLM with doing some trick  Roll Eyes (Just leave away from HYIP/MLM)

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March 25, 2017, 05:12:12 AM
 #188

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

Yes and those people that are your down lines will blame you when the company started to collapse. And the money that they invested will be given to them again and you are going to use your own pocket on it if that happens. You ruined their trust and you will also need to pay their investment for getting their money again.

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March 25, 2017, 05:21:00 AM
 #189

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.

youre write is real MLM, is real MLM only can product selling can get reward and retrun, and product price is standard not very expensive
so you can get reward if you can selling and youre downline can selling product
you can get earn only selling product, not downline pay for you

if MLM ponzy site is bad, you can get earn only can find referal , and you can get earn from fee register youre downline
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March 25, 2017, 02:42:58 PM
 #190

I was never interested in invest MLM, it is because it's been a lot of negative news about MLM. Even in my place in the jail because MLM founder proved to deceive many people. MLM is a scam, do not ever believe.
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March 25, 2017, 03:21:28 PM
 #191

My personal preference is everyone having a percentage of overall profits. Basically the payment system Captain Ahab's ship, The Pequod, used in the book Moby Dick.

With set wages, there isn't much incentive for people to work harder or smarter.

If someone is paid $7 an hour, they're paid the same whether they work hard or slack off.

There isn't much incentive for them to work in the best interests of their employer.

Being paid a percentage of overall profits could give people incentive to do their job better as their wage is tied to the overall well being of the parent organization.

MLM's tend to mirror the executive format of fortune 500 companies in some ways, which could be said to reinforce wealth and wage inequality as CEO's are often paid exponentially more than they should for the amount of work they do.

MLM's might also be said to reward seniority more than hard work, which could in turn reinforce the type of glass ceiling which prevents deserving people from being promoted past a certain point.

The way MLM's are structured isn't as fair or balanced as they could be imo.

But like I said from the beginning, this is my personal preference. I'm sure there are those who disagree & have their own views.

First of all, I would like to mention that a CEO is different from someone that is at the top of an MLM pyramid. Those that are at the top of MLM pyramid are those that joined first and recruited enough people to have enough people working under them. In a way, both the CEO and the guy at the top of MLM pyramid worked hard. The main difference is that MLM's guy at the top is determined by seniority like what you said and a CEO is voted by the board and he can be just a new guy that have made a really large impact to the company.

You said that in your idea, people will earn the same thing regardless if they work hard or if they slack off. A company that's built like that will eventually fall off. People are going to depend on those people that works hard. Once those people that work hard gets over or gets done with those that just slack off and get paid the same amount, they will start slacking off as well. Because you know, why work hard when you can just slack off. It's the other way around of what you're saying. People will not work hard because what they earn is depending on them as a whole and not as individual. People are lazy and they will depend to the hard workers and nothing else.

But of course we can just stick with the usual, you get paid what you deserve. Grin

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March 25, 2017, 03:37:25 PM
 #192

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
actualy they already know about the system of MLM if they come on board I think they have to accept all the risks that exist when MLM reset. but it would be profitable if you are on the top
MLM will run away with all of the money. but they're need to attract more people to invest on his site and will be fool a lot of the people and run away with his money and it's really bad to get on the MLM scheme.

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March 25, 2017, 04:49:32 PM
 #193

I was never interested in invest MLM, it is because it's been a lot of negative news about MLM. Even in my place in the jail because MLM founder proved to deceive many people. MLM is a scam, do not ever believe.
it's not just a news , but it's a fact!
some people with low knowledge about investment world will fall into this ,
as long as you stay careful and smart enough you will not get in ,
the service like this is confirmed have no benefit.
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March 25, 2017, 04:51:58 PM
 #194

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?
No I don't invest in any MLM company that has a registration fee for you to become a member, especially in online mlm most of them are more in hyped and they are good in mind setting of individuals, they have the power of convincing others to join in their business. And these are more in referral program and this is their scheme system always. they earn only if someone get involve to their company. Therefore, no recruit, no profit.
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March 25, 2017, 05:16:31 PM
 #195

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.

Correctly. I also lost some money in the pyramids several times and do not want to take any more risks. Only the creators of this project can profit there.
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March 25, 2017, 08:58:49 PM
 #196

Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.
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March 30, 2017, 02:45:39 AM
 #197

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
You will obtain a profit in MLM if you are on and have a lot of referrals but you should be able to fool a lot of people so that they would bargabung but I am sure this way would sin
Since we are basically talking about scammers what makes you think, that even if you were to drive lots of people there, they will honor the promises and the terms established to those that bring people to them? They are probably going to scam you as well.
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March 30, 2017, 02:51:51 AM
 #198

Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.

I've seen a few different stripes of MLM scheme. Some actually generate value, like the ones that sell the offbrand products, or privately made products. If you can generate customers, you can actually make value in the system (not just extract it from others in the system). But for the ones that are  thinly veiled Ponzi schemes; yes, this is blood money.
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March 30, 2017, 04:19:27 AM
 #199

Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
You will obtain a profit in MLM if you are on and have a lot of referrals but you should be able to fool a lot of people so that they would bargabung but I am sure this way would sin
Since we are basically talking about scammers what makes you think, that even if you were to drive lots of people there, they will honor the promises and the terms established to those that bring people to them? They are probably going to scam you as well.
Eventually, some of the people are trying to plunge his close person to get in that terrible place, We should be aware it. Some of the people are pushing another person to get in that place just try to make his amount will be cash out for fast. This way to push his investment in the HYIP scheme. That's just for fool another people.

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rickadone
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March 30, 2017, 05:27:46 AM
 #200

Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.

I've seen a few different stripes of MLM scheme. Some actually generate value, like the ones that sell the offbrand products, or privately made products. If you can generate customers, you can actually make value in the system (not just extract it from others in the system). But for the ones that are  thinly veiled Ponzi schemes; yes, this is blood money.
If an MLM business works similar to affiliate programs then there would be no possibility of getting scammed with them.

Unfortunately most of the MLM schemes are coming with no actual business, yes they are coming with no product but circulating the money is their main business. This kind of MLMs should be avoided because those ponzi may get is landed in scamming.
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