Will you invest in a MLM scam in early stage?

[Harlot]

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.

Im also onto that kind of Scam Schemes way back last year and i hate people who do that businesses to lie and fooled the people who wil join in them .definitely the owner and the top members will earn so much and the ones who were the last suffers all to make money for other people on top of that pyramid scam scheme . I have recently experience it on bitcoins HYiPS or Ponzi.

MLMs are different from HYIP sites, MLM companies really have a product that they sell to people but what people really want in this company is how to earn money by recruitment. Recruiting other people is a good thing to earn money but the bad side of this is some up lines don't care to the down lines after they recruited it making some enemies along the way. That is one of the problems with MLM companies they allow recruitment but they don't actually help the new members to earn the money back they pay for the membership, they will always say that they need to be independent in order to be successful in this line of work.

[slaman29]

I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.

[choppork]

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

Well, I don't know if I should doubt you. But all I know is that I am a participant of an MLM. And so far, so good. The company has returned almost have of what I invested within six months in products and in cash.

It's possible that the products they are giving you really don't worth as much as they tell you. So they can create the illusion that you're getting as much as you paid for initially. The products can also just be food supplements with very little or no effect to our body at all. In other words, the products that they are giving you can be just a repackaged product and are really cheap.

You got cash because you were able to recruit somebody. It's like a congratulatory message telling you that you did a great job manipulating some people and ultimately scamming them. Six months and you still haven't got your ROI? That doesn't sound good to me. You're still in negative profit if you think about it.

[Mia Wallace]

I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.

What is karma and how would a scammer get to that stage. I would not really risk my money to enter in any scams or MLM schemes as i do not want to test my money ,there are several other ways to make money and only greedy people who wants to make more money at a very short time would want to try their luck in those sort of situations.

[mellorbo]

I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.

What is karma and how would a scammer get to that stage. I would not really risk my money to enter in any scams or MLM schemes as i do not want to test my money ,there are several other ways to make money and only greedy people who wants to make more money at a very short time would want to try their luck in those sort of situations.

Agreed that most scammers doesn't really believe on karma but I know someday karma will hit them. On the other hand, I'd like to join a MLM schemes especially if they are on their early stage depending on how serious they want to do those things. Most serious MLM schemes doesn't scam for atleast 2-3 stages because they need to gain some trust unto people. You might wanna say I'm greedy but in fact that's how gambling works too.

[deisik]

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

Well, I don't know if I should doubt you. But all I know is that I am a participant of an MLM. And so far, so good. The company has returned almost have of what I invested within six months in products and in cash.

It's possible that the products they are giving you really don't worth as much as they tell you. So they can create the illusion that you're getting as much as you paid for initially. The products can also just be food supplements with very little or no effect to our body at all. In other words, the products that they are giving you can be just a repackaged product and are really cheap

Welcome to Herbalife, bro

When I had been learning at the university some time ago, my roommate got recruited into this scheme. He bought some crappy supplements from them but since he wasn't that kind of a public person that could easily persuade anyone to follow him, he ended up consuming all that expensive crap himself. He was also initially quite enthusiastic about his future prospects in this "company" (they had some gatherings) but somehow his enthusiasm came to nought eventually

[dwieyani]

I do not if there are fraudulent because just like I am more stupid than people I cheated.

if you guys do?

[choppork]

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

Well, I don't know if I should doubt you. But all I know is that I am a participant of an MLM. And so far, so good. The company has returned almost have of what I invested within six months in products and in cash.

It's possible that the products they are giving you really don't worth as much as they tell you. So they can create the illusion that you're getting as much as you paid for initially. The products can also just be food supplements with very little or no effect to our body at all. In other words, the products that they are giving you can be just a repackaged product and are really cheap

Welcome to Herbalife, bro

When I had been learning at the university some time ago, my roommate got recruited into this scheme. He bought some crappy supplements from them but since he wasn't that kind of a public person that could easily persuade anyone to follow him, he ended up consuming all that expensive crap himself. He was also initially quite enthusiastic about his future prospects in this "company" (they had some gatherings) but somehow his enthusiasm came to nought eventually

Gatherings AKA the events where they brain wash the hell out of you. They are going to train you like a lab rat. When you recruit someone, you get a reward, you get validation from the "company". They are all congratulating for your hard work. Most people really think that these "companies" is a start of something. They use the words "business", "freelance", "check (cheque)" which all make them sound as if they are a successful international company (e.g. "I just got my weekly cheque from my freelancing business", although low-key that cheque is just worth a couple of bucks). Then the most raped example there is in every MLM is the guy that dropped out of college, focused on his "career" (MLM scam career), and made millions. I still wonder if this guy actually exists.

The only part that matters to MLM recruiters is the initial part of your journey. You get excited, motivated, and inspired, so you join the scam. After that, they don't care about you anymore. They are going to find the next batch of dumb people to scam.

[magneto]

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?

That's literally what the Chinese are doing.

There are people making a shit ton of money from MLMs like Mr. Mavrodi's MMM scheme, as well as other "revenue sharing" schemes that seemed to good to be true to an average Joe like me.

But all of these people who are making money are taking money out of innocent, unknowing people.

Worst of all, they are actually promoting that scam to more people so that they get referral commissions.

I wouldn't do it, it's too risky and it's morally wrong.

[Astvile]

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?

Yeah in the first week or month i will directly join into them.I have been investing to this investment type and also in HYIP's online and im doing this kind of strategy.Im joining in the early stage of the site because i already observed that this sites mostly pay from the start and gently scam people.If you join in the early stage you can benefit and earn money from it.

[NEWGOODOUBLE]

I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.

agree with you, maybe you'll get lucky when joining MLM in the beginning of time, but you get the profit from the losses of others, I think karma will probably happen lol

[mrcash02]

I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.

agree with you, maybe you'll get lucky when joining MLM in the beginning of time, but you get the profit from the losses of others, I think karma will probably happen lol

This kind of money isn't welcome, as you said, karma will probably happen...

In never saw anyone having success from these investments where people are lured to lose money. It's different from gambling where you know about the risks and you know the consequences. This MLM Ponzi scheme promises 100% sure returns and scams everyone after. It's not good even for the scam owner as he can be arrested, banned from countries or worse, be murdered by criminals or by unhappy investors...

[slaman29]

I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.

What is karma and how would a scammer get to that stage. I would not really risk my money to enter in any scams or MLM schemes as i do not want to test my money ,there are several other ways to make money and only greedy people who wants to make more money at a very short time would want to try their luck in those sort of situations.

Agreed that most scammers doesn't really believe on karma but I know someday karma will hit them. On the other hand, I'd like to join a MLM schemes especially if they are on their early stage depending on how serious they want to do those things. Most serious MLM schemes doesn't scam for atleast 2-3 stages because they need to gain some trust unto people. You might wanna say I'm greedy but in fact that's how gambling works too.

Karma, in literal meaning, is just a spiritual belief that in a summary goes like "what you give you get back".

I use karma in practical sense of this discussion, because in financial world and in crypto, what you give, you somehow will get back. It's logical that is all.

[hermanhs09]

Definitely not.

Because when you are investing in a ponzi scheme like that, you know that you are making money out of the expense of others, whether they are like you knowing the site is a scam or the don't.

Especially with referral competitions and commissions in these sites, it can be tempting for you to tell all your friends to invest in the site even though you know that it is likely to only benefit you and they will lose their money.

And for that, i definitely won't invest in any of these ponzi schemes, even if it just launched and i have the opportunity to make some money out of it.

[X-ray]

I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.

agree with you, maybe you'll get lucky when joining MLM in the beginning of time, but you get the profit from the losses of others, I think karma will probably happen lol

Never try to join on the MLM ponzi on the early stage if you are not want to lose your amount. Investing on the early stage is very risky. It looks just try stole another people's money. To make your queue to be fast and you must make another person try to join on the ponzi site, i can say being a liar for another people.

[coynedterm]

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?

Ofcourse if I got the opportunity at the top of the start of MLM then surely I will join and Invest , Because this is the pure way of making money without scam , the reality behind the MLM is that it is scam only because a group of network of the MLM can't produce money .
The earnings for the uper rank person came from the lower level Investment , that is really is like a scam to loot the person who joined in the last .
But everyone knows that people can't stop himself from.the Ponzi Investment , so here it is more better to invest at first .

[aTriz]

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?

First of all there is always a risk that the promised return will never be given to you. It is not something that is odd at all when an "investment" company offers you 10% monthly and you think that they're running a ponzi scheme ,and you're investing into the scheme because you feel like they will pay at least the first few investors, right? No, if every ponzi scheme was that way then every ponzi investor would be rich, LOL.

Secondly, you have to deal with the guiltiness of knowing that you have done something wrong , and in my opinion , it is not worth it. You're only getting, like something like $10 a month, and you're getting that $10 out of someone else's investment.

It really sucks when you know even if you win in a game , you are doing it because someone else is LOSING.

That is why I always avoid ponzis , even when it is new and looks promising.

[PokerDiceMan]

I partially agree about karma, but I look at it from a real point of view. Encouraging MLM scam in early stage even if high chance of profit means you make MLM scam more and more successful, bring losses to more people and profit only to few. For long-term success especially for bitcoin it needs more people profit and few people lose.

agree with you, maybe you'll get lucky when joining MLM in the beginning of time, but you get the profit from the losses of others, I think karma will probably happen lol

Never try to join on the MLM ponzi on the early stage if you are not want to lose your amount. Investing on the early stage is very risky. It looks just try stole another people's money. To make your queue to be fast and you must make another person try to join on the ponzi site, i can say being a liar for another people.

I think not all MLM ponzi
several MLM is real company, real selling, real product, without selling you can't reveive payment
without fee register only real selling product

[BossMacko]

I suggest that to stay away in MLM early or not because you'll not get your 100% ROI back even you join in early stage. Tried it before and it did not end well once someone invested a large amount of Bitcoin they just run.

[Batangbitcoin]

I suggest that to stay away in MLM early or not because you'll not get your 100% ROI back even you join in early stage. Tried it before and it did not end well once someone invested a large amount of Bitcoin they just run.

They are just the same as pyramid ponzi scheme like MMM global.. that i think better to go in trading instead if you really want to make profit the risk is low not the same as investment site like MLM and MMM.