Is MLM ideal for bitcoin?

[bitcoinminer]

I'm a Level 3 Thetan, what's my payout percentage?

[Bitcoinera.net]

If anyone is interested in joining a MLM for bitcoin where no initial investment is needed, check out:

https://bitcoinera.net/

You can earn bitcoins just by putting your referral link in your signature on the forum!

[kbroadfoot]

This looks more legit... It is basically a Bitcoin Wallet that pays interest.
Then there is an affiliate marketing aspect to it...
Coinbase paid 0.1 BTC to affiliate them for awhile... This company apparently, instead of simply paying for leads, is paying percents of future lead earnings... It could not hurt to try for some small amounts..

Here is my link:

https://bitcoinera.net/?ref=kbroadfoot

[kbroadfoot]

Also this question:  "Is MLM ideal for bitcoin?" Is being asked wrong.

The question should be:  "Is bitcoin ideal for MLM?" <<<< This answer is yes.

Bitcoin is ideal for quite a lot of things...

[Ron~Popeil]

Run from any MLM business no matter what currency they use. The people at the top get rich on the labor and money of their new recruits. I have never seen one that actually worked for people other than those at the top. Once the cult speak wears off people are left with broken dreams and empty wallets. 

[Denise520]

In my opinion, the question is not"Is MLM ideal for bitcoin? ", but the usage of Bitcoin. Only encouraging the use of Bitcoin through a series of markeing strategies that involves advertising, promoting, and as payment, it can be developled well.

[Nerazzura]

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?

I think it is not good idea. as we know, the price of bitcoin is not as stable as money. if it later when your business goes down then the price of bitcoin. surely you will lose. and one by one the members left the business. and businesses will be closed. If you still want to follow that you should first exchange BTC you.  ..
just a suggestion

[blatchcorn]

It would obviously harm Bitcoin's reputation, but it is only a matter of time before it happens

[notbatman]

1. Focus is More on Recruiting than Selling

One of the first things to watch out for is a focus on recruiting rather than selling. If you are being recruited in order to recruit more people of your own, rather than actually focus on selling the product, that might be a red flag. Consider whether or not there is a lot of focus on getting you to recruit more “team members,” instead of focus on acquiring customers. If the recruits are the customers, that could be a red flag.

2. Poor Training

What sort of training and support do you receive? How are your questions answered? If you are asking tough questions, and they are deflected with homilies on positive thinking, you could be looking at a MLM scam. Also, consider the training situation. Are you provided with actual business techniques and support? If the training consists of how to convince recruits, or tips on selling to friends and family, your “home business opportunity” might actually be a work at home scam.

3. Pressure to Pay for More

Are you being pressured to pay for more product? You might be asked to join a “fast track” or become “elite” by purchasing a great deal of inventory all at once. Or, you might be pressured into buying an expensive business package in order to get the business support you need. If you are asked to pay for extra training (beyond attending an annual conference or convention) on a regular basis, or if you are asked to pay for basic office supplies, you might be in trouble.

Be especially wary of those that ask you to put your costs on a credit card, or encourage you to take a home equity loan or line of credit to pay for this “business investment.”

4. Sales Tactics Brought to Bear on You

Do you feel as though you are the subject of a high-pressure sale when you talk to the MLM representative? You might be told that you have to make a decision right now in order to get a good deal on the initial kit, or to buy in at a “special” price, it could be a scam. Most legitimate companies allow you to talk it over with your family, or sleep on your decision.

5. Seems Too Good To Be True

As with everything in life and in purchases, you need it to pass the too good to be true “smell test.” Are the claims about the product outrageous and hard to really prove? Is there are a lot enthusiasm about the “amazing” program, without much to back it up? Watch out for anything that seems too good to be true. Chances are that it’s actually a scam.

[Nerazzura]

It would obviously harm Bitcoin's reputation, but it is only a matter of time before it happens

no .. it will not damage the reputation of bitcoin. although it would be a scam business will, which is blamed for his business. bitcoin there only as a means of payment. Unlike other businesses that use real money. although the business will be a scam, but it will not damage the reputation of the money

[blatchcorn]

It would obviously harm Bitcoin's reputation, but it is only a matter of time before it happens

no .. it will not damage the reputation of bitcoin. although it would be a scam business will, which is blamed for his business. bitcoin there only as a means of payment. Unlike other businesses that use real money. although the business will be a scam, but it will not damage the reputation of the money

What you write makes sense in theory.  But the reality is that the media will twist the story to make bitcoin look bad

[BitCoinDream]

It would obviously harm Bitcoin's reputation, but it is only a matter of time before it happens

no .. it will not damage the reputation of bitcoin. although it would be a scam business will, which is blamed for his business. bitcoin there only as a means of payment. Unlike other businesses that use real money. although the business will be a scam, but it will not damage the reputation of the money

What you write makes sense in theory.  But the reality is that the media will twist the story to make bitcoin look bad

Media also created problem with Bitcoin's reputation for the fall of Mt. Gox. So stop creating exchanges ?

Moreover, get out of the shell and know MLMs are NOT SCAM. Ponzi is SCAM where they claim 120%-130% return. Multi million dollar businesses like Amoy to TupperWare run on MLM model. U need to have a proper business model to employ MLM. MLM is just a marketing strategy.

[Nagle]

MLM is mostly a scam. Most Bitcoin businesses are scams. It's a match made in Hell!

[cbeast]

MLM is mostly a scam. Most US dollar businesses are scams. It's a match made in Hell!

FTFY

[ShakyhandsBTCer]

It would obviously harm Bitcoin's reputation, but it is only a matter of time before it happens

no .. it will not damage the reputation of bitcoin. although it would be a scam business will, which is blamed for his business. bitcoin there only as a means of payment. Unlike other businesses that use real money. although the business will be a scam, but it will not damage the reputation of the money

What you write makes sense in theory.  But the reality is that the media will twist the story to make bitcoin look bad

Media also created problem with Bitcoin's reputation for the fall of Mt. Gox. So stop creating exchanges ?

Moreover, get out of the shell and know MLMs are NOT SCAM. Ponzi is SCAM where they claim 120%-130% return. Multi million dollar businesses like Amoy to TupperWare run on MLM model. U need to have a proper business model to employ MLM. MLM is just a marketing strategy.

Ponzi schemes do not need to offer any specific rate of return for them to be a scam.

The reason the MLM is often associated with Ponzis is because they act in very similar ways.

Regardless most MLM "programs" are only profitable when you take into consideration the amount of time you put into them for the very early adopters.

[JuniAiko]

Many people I know, and myself included, immediately think of the word "Ponzi" when MLM is mentioned.
Will never touch anything even with a 10 yard stick if it has the label of MLM on it.

[oppasong]

Mlm is not equivalent to bitcoin because bitcoin is a digital currency and has become popular in the world, whereas mlm in my opinion is only real business and the attraction for devotees is also very less.

[husanlarisa]

Hello, members!
I'm a MLM business-man
I run MLM for BCGTO company.
It rewards in BTC BTCBTCBTC
And based on a such scheme that cannot be destroyed.
Remember that there're a lot of rich guys got their capital from MLM, as Robert Kiyosaki, Mary Kay Ash and others.
If interested, kindly PM me.
Regards!

[etron]

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?

better you do not join the MLM bitcoin because you will find it difficult to earn income there and that will happen there you will lose your investment, you better find a definite income for sure.

[beivleveinsomeone]

MLM is based on trust and greed. When people want to make a quick profit, run after the crowd. This mode of business must be scam, because the level must always be. From person to person