Is MLM ideal for bitcoin?

[bitfocus]

My personal Opinion is, everybody should stay away from MLM (AKA Pyramid Schemes) - almost all of them are scams.

[pungopete468]

Bitcoin, which is currently still a thing that has not been set globally, will indeed make the MLM project will be very rapidly developing at this time. Because it is not usual to cancel transactions, it is an advantage for those who develop mlm projeck.

[jayintop]

MLM is the worst thing that ever happened to crypto. Set us back a lot on mass adoption. I personally have had only bad experiences with all mlm I've come across.

[bling-bling]

I don't think Bitcoin is ideal as an MLM investment. MLM investments should have a product to make them legit. Bitcoin is not a product and does not have a product to back it up. Many have used Bitcoin as an MLM or a networking scheme in the past and most of them did not turn out well. Bitcoin and MLM simply does not go together.

[maianh09]

Is Multi-Level Marketing ideal for bitcoin?

I found a MLM website using BTC, but before I join it, I want to ask fellows in this forum, why wasn't any popular MLM service before?

any idea?

MLM is a risky model and it's almost like Ponzi, there are so many risks that it will fail and become a coin. Think of it getting worse when you can not liquidate and especially no one can create an MLM deal for Bitcoin.

[osmo]

I think money or bitcoin is the same for mlm, but I have never known that mlm uses bitcoin, if there is one I will not follow it because I have a bad experience following the mlm in my country, I suffer losses and I do not get benefits or benefits

[Steinway-Bobb]

MLM is also an industry that is causing a lot of buzz because there are so many scam artists so I think bitcoin will not be a good fit.

[maxreish]

Multi-level marketing, also called pyramid selling, network marketing. For me, its a controversial marketing strategy or investment especially bitcoin was involved. Always remember this brother, no body regrets at first time "but" you will just found out in the end.

[pundit]

Is Multi-Level Marketing ideal for bitcoin?

I found a MLM website using BTC, but before I join it, I want to ask fellows in this forum, why wasn't any popular MLM service before?

any idea?

MLM accepting bitcoins and giving rewards in bitcoins are scam, there is no fixed return in bitcoin which MLM companies claim, either bitcoins can be earned thr mining or trading, companies claiming fixed return or referral income against bitcoin investment are basically scamming investor, be aware of such companies and do not invest your hard earned money with such frauds.

[samsul1234]

Is Multi-Level Marketing ideal for bitcoin?

I found a MLM website using BTC, but before I join it, I want to ask fellows in this forum, why wasn't any popular MLM service before?

any idea?

maybe MLM currently has little interest, well, people are now more focused on trading, I am also looking forward to MLM, there will be my own site in bitcoin, or this we make MLM itself

[resty]

Is Multi-Level Marketing ideal for bitcoin?

I found a MLM website using BTC, but before I join it, I want to ask fellows in this forum, why wasn't any popular MLM service before?

any idea?

It will be hard for both Bitcoin to adopt the system of multi level marketing because of the possible risk that it m may bring which would result to big financial loss. Also don't join on these MLMs for you will become lazy working with it. You didn't even put an effort on the first place and you are earning money. This was like an easy money and guess what? It can take those funds that you earned instantly too.

[AiBBio]

I think MLM has a good chance to promote bitcoin and enhance its image!

[OddEvenBets.com]

If you check date of message you can see April 24, 2013, 02:11:31 PM
MLM is not actual in these days.
This business (MLM) does not matter what to use as a payment Bitcoin or USD or Paypal.

[buahkudu]

bitcoin now the price can be monitored and people who invest in it are very fortunate to get huge profits in terms of bitcoin trading and that is definitely not easy.

[[ProTrader]]

Is Multi-Level Marketing ideal for bitcoin?

I found a MLM website using BTC, but before I join it, I want to ask fellows in this forum, why wasn't any popular MLM service before?

any idea?

No, it is not ideal. All MLM that use bitcoin as a scheme always ended up as a scam. If you see an MLM website or any advertisment regarding Bitcoin, just stay away from it because they are only a using Bitcoin to get investors money.

[brooklynian]

Some multilevel marketing use bitcoin and some top cryptocurrencies to reward their members. There are genuine MLM platform while there are a lot of scam. Personally, I don't like it. Imcase you wish to join any, make sure you do your findings.

[sammyp]

I have joined a number of them before but they didn’t like to be referred to as MLM’s but rather described themselves as pyramids. I still haven’t bothered to get the difference but one was working perfectly. The only problem I had was with people not trusting bitcoin as a mode of payment or donation.

[kissme09]

If MLM is great with Bitcoin, who will be the Bitcoin manager? Who will create the plan for the investment of investors? Do you think it will not fail like Bitcoinnect? Do you believe that MLM can sustain according to eternity? Or any better idea.

[Malam90]

Multi Level Marketing or MLM is totally fraud business system. I have seen many MLM business and i have lost my money in that business. Bitcoin is legal but MLM is illegal so Bitcoin isn't ideal for MLM.

[Bttzed03]

I have not seen a legitimate MLM company that pays bitcoin or any other cryptocurrency so far and I do not think it would be bad for them to use it instead of fiat as long as the MLM members would agree to it. I am not sure but it is probably one way for crypto to be mass adopted?