tahmad (OP)
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Activity: 252
Merit: 14
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January 26, 2018, 04:30:19 PM |
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Oh, my friend participate in such company... He invested $ 1000 and call everyone hr knows to offer "the best deal and chance to become rich within short period of time". But even he has been participating since 2017 and bussines isn't going good)
All they do - trying to attract persons that want fast and easy money. But to earn something you should invite your friends or relatives, who will invest and do the same...
I believe that your friend now has pursued by a lot of people (his/her downlines). It only give short advantage, but in long time it will be so bad for ourselves. |
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Lemer
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Activity: 139
Merit: 10
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January 26, 2018, 04:33:02 PM |
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Most of the time, these investors know it's a ponzi scheme.
But they still don't think they're the last players, so they can profit from it, it's a stupid idea, so they don't deserve our sympathy.
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tahmad (OP)
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Activity: 252
Merit: 14
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January 26, 2018, 04:35:39 PM |
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Most of the time, these investors know it's a ponzi scheme.
But they still don't think they're the last players, so they can profit from it, it's a stupid idea, so they don't deserve our sympathy.
Yeah bro, that's very greedy. Invest their money that they are only think the profits, not the risks. That's why no one sympathy |
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Beatridge
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January 31, 2018, 10:04:40 AM |
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I'm wondering if there are any profitable mlm schemes at all?
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snowbubble
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January 31, 2018, 10:06:57 AM |
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MLM is good for few people who got big affiliate network and bring like hundred of people to project and receive profit, yes its not ethic, but they dont care and earn money.
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Saisher
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Activity: 2296
Merit: 175
#SWGT PRE-SALE IS LIVE
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February 05, 2018, 11:29:03 AM |
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Bitconnectcoin is very notorious on this, they have scammed thousands of millions of millions worth of dollars, their cycle is very shortlived from now on people should learn that MLM and cryptocurrency will not go together, even if defend it as profitable.
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Beatridge
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February 09, 2018, 11:02:49 AM |
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Bitconnectcoin is very notorious on this, they have scammed thousands of millions of millions worth of dollars, their cycle is very shortlived from now on people should learn that MLM and cryptocurrency will not go together, even if defend it as profitable.
Bitconnect was a scam, everyone knows it, but it does not mean that all mlm projects are scam. The majority of ICOs uses afilliate/referral system just to promote their project - it doesn't make them a scam |
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Minor Miner
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Activity: 2282
Merit: 1012
Be A Digital Miner
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February 09, 2018, 11:19:47 AM |
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It's pretty strange but many common people believe that crypto = MLM. Sometimes yes, it really is. But mostly it is not. From the very beginning of my crypto path I avoid such kind of shitty projects and I also advice to everyone to do the same. To be honest many even pretty good and honest bloggers with a lot of followers use MLM projects to earn a huge amount of money  |
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cheezcarls
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February 09, 2018, 11:44:26 AM |
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I honestly agree about your opinion regarding MLM-based cryptocurrencies such as Bitconnect, USI-TECH, etc. My uncle tried to invite me to USI-TECH, but I refused because it's binary structure where you can earn 1% daily for 5 working days for a period of 120 days.
I am not against MLMs (because not all are bad) , I'm just against their scheme on deceiving investors or using Ponzi type strategies.
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NH
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February 09, 2018, 12:20:57 PM |
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many people join mlm to reach top place. but your place will always in earth, not in sky.
mlm is how to circulate money without capital but still earn profit. take money from subordinate and it will always go on.
for developer its profitable, for they are that come is bad
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HongKong
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February 10, 2018, 06:21:01 PM |
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Bitconnectcoin is very notorious on this, they have scammed thousands of millions of millions worth of dollars, their cycle is very shortlived from now on people should learn that MLM and cryptocurrency will not go together, even if defend it as profitable.
Bitconnect was a scam, everyone knows it, but it does not mean that all mlm projects are scam. The majority of ICOs uses afilliate/referral system just to promote their project - it doesn't make them a scam I am not against MLM's as well though it's hard to say that not all of them are bad when 99 percent of the MLM's are scams lol. |
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Dany44
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Merit: 15
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February 10, 2018, 06:33:18 PM
Last edit: September 03, 2018, 12:30:03 PM by Dany44 |
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the worst thing about MLM participants is that they do only know what is the right way to live, earn money, invest, and etc CryptoComes.com
Exclusive Blockchain News Journal |
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s4mp1nt0
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February 10, 2018, 06:35:27 PM |
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Hello, As we know many last year that MLM is very interested by a lot of people because it's promise a lot of benefit with no hardwork. The MLM masks is very excessively. And now, they are a lot of parties make MLM system with crypto in their mask. The most easily characteristic of MLM based on crypto we can identify is one, it promising a big return capital of your investation with no logic. In my country, this scheme are growth with consortium, so they gather a lot of people who common in crypto and then gather the money to invest in crypto MLM project with big capital return they expect. I mention MLM because it will help the new participants in crypto will understanding this. Love your money  we all know that MLM scheme is a scam scheme. don't fall for that kind of program. fast money is most likely a scam. too good to be true |
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