MMM-2011 hugest Ponzi scheme :: Bitcoins accepted

[pent]

Well, the minimal deposit is in equivalent of 10 USD (about 2 BTC).

Lets say you put 2 BTC, and its converted to 10 LR-USD with rate 5.00.

Lets say you doing this today with current MAVRO and Bitcoin rates and bonus 50% (bonus until 1 may).

You get 0.0947 MAVRO-D (($10+$5)/158.35 )

After a week you can convert MAVRO-D to BTC with formula: 0.0947*174.45/5=3.3 BTC
After 2 weeks you can convert MAVRO-D to BTC with formula: 0.0947*189.62/5=3.59 BTC
After 1 month you can convert MAVRO-D to BTC with formula: 0.0947*230.79/5=4.37 BTC
After 2 months you can convert MAVRO-D to BTC with formula: 0.0947*316.63/5=5.99 BTC
After 3 months you can convert MAVRO-D to BTC with formula: 0.0947*439.60/5=8.32 BTC

Note: If money withdrawn within 1st month, the 50% bonus will be zeroed.

Of course all this assuming USD/BTC=5.00 (which can vary)
Of course you are able to make direct USD deposit

All this is a bit complex, but principle is simple: You buy MAVRO-D and MAVRO-D/USD rate grows 40% a month, changing its value in Tuesday and Thursday. You are able to buy and sell MAVRO-D from and to foreman of your MMM cell.

You can use Bitcoins here as intermediate currency with intermediate exchange rate, but also you are able to buy and sell MAVRO-D directly with USD.

I can just help to convert coins to LRUSD and back without my own comission. Also I can forward you to appropriate MMM cell.

[pent]

Anyone who want to register - do it here: http://i-mmm.com/en/invite.php OR http://sergey-mavrodi.com/op/view_485.html (english form at the bottom)

Use invite code: pent

Then you can ask me to deposit BTC.

[Hunterbunter]

So what does MMM stand for?

Make Mavrodi Money?

[pent]

Actually money flow between participants and millions of foremans. Mavrodi telling to refuse any money request from him.

MMM translates as
- We can do a lot
- We change the World

... and some other transcriptions.

Mavrodi had a lot of chances to run and hide, but he continues to manage the pyramid via YouTube video treatments. Nobody knows where is he, because Russian gov actively looking for reason to arrest him.

Personally I think he doesn't look like a man who's objective is money. He looks like crazy man who's objective is power and world domination. He brings money to people and people bring him a power.

Soon he plan to out from his vault because his enemies will become MMM participants.

[FreeMoney]

But.. bitcoin is going to go up 100% per month, so we'll get fewer coins back?

[pent]

But.. bitcoin is going to go up 100% per month, so we'll get fewer coins back?

You can sit and wait when it will, if it will HYPE Cycle tells us that bitcoin is probably at stability plateao.

But yes, payouts are initially in USD. And also you are able to do direct USD deposits.

And percents are complex. So investments calculated by formula: investments*1,4^num_month

[DeathAndTaxes]

And percents are complex. So investments calculated by formula: investments*1,4^num_month

So if I gave you $1 and kept it in for 8 years I would get back.
($1)*1.4^(12* = ~100T.  The entire global money supply?

[pent]

So if I gave you $1 and kept it in for 8 years I would get back.
($1)*1.4^(12* = ~100T.  The entire global money supply?

Yep But Mavrodi thinks MMM will absorb global money supply much earlier. 42 months - he estimates. Like Dragon in Bibile Apocalypse.

[tonto]

There's also the unknowns of:  will it crash?  When cashing out, will the foreman be honest and send me my money? 
 
Don't get me wrong, I've thrown a little money in, but in 3 years, if it hasn't crashed, if I want to withdraw my (theoretical) $4 million dollars, that would be pretty tempting for the foreman, if he isn't honest, to suddenly disappear.
 
I'm hoping for honesty, and hoping it'll be around in 3 years.   Then I'm getting a new boat

[pent]

If your foreman will not have enough money - he will ask money support from upper instances and they will ask other foremans to transfer money for you.

[pent]

If you think your foreman isn't honest and have facts - you can write abuse to Control Revision Department (CRD) - they will kick his ass.

[pent]

Okay. My current virtual income in MMM is about few thousands USD per month (approx equal to all investments). So lets make it real in public.

Sooo.... I could allow to myself buy this devil box from Butterfly labs



I will ask foreman for withdrawal of 700 USD this week, convert'em to bitcoins and finally, order the subject. All progress will go here.

[pent]

Bonus +50% to deposit extended until 15 May

Hury up! Mavrodi can change his mind

Note: bonus active only if money isnt withdrawn during at least 1 month.

[ineededausername]

You have thousands of dollars in an "investment" you know is a ponzi scheme?!

[pent]

yep

[Red Emerald]

So if I gave you $1 and kept it in for 8 years I would get back.
($1)*1.4^(12* = ~100T.  The entire global money supply?

Yep But Mavrodi thinks MMM will absorb global money supply much earlier. 42 months - he estimates. Like Dragon in Bibile Apocalypse.

"Like Dragon in Bibile Apocalypse." Oh man that made me laugh. Thanks.

I don't get why anyone would be dumb enough to put their money into something that is so up front about being a ponzi...

[pent]

"Like Dragon in Bibile Apocalypse." Oh man that made me laugh. Thanks.

I don't get why anyone would be dumb enough to put their money into something that is so up front about being a ponzi...

Mavrodi phylosophy: Dollar is a short-circuited pyramid. A Dragon. Another Dragon is required to diminish Dragon. Another pyramid. Anti-pyramid.

And forget about Ponzi. His doings are ant digging in comparasion to MMM'94, Stock Generation and current MMM-2011.

[Red Emerald]

"Like Dragon in Bibile Apocalypse." Oh man that made me laugh. Thanks.

I don't get why anyone would be dumb enough to put their money into something that is so up front about being a ponzi...

Mavrodi phylosophy: Dollar is a short-circuited pyramid. A Dragon. Another Dragon is required to diminish Dragon. Another pyramid. Anti-pyramid.

And forget about Ponzi. His doings are ant digging in comparasion to MMM'94, Stock Generation and current MMM-2011.

You aren't making this sounds safer... If ponzi was small and yet A BAD INVESTMENT, how does that make your investment make ANY SENSE AT ALL?

MMM was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time, in the 1990s. By different estimates from 5 to 40 million people lost up to $10 billion. The exact figures are not known even to the founders.

Sounds to me like we need to not have any "dragons"... Not a bigger one...


IMO, anyone pushing pyramids and ponzis should get the scammer tag.

[pent]

Look around - all things are either ponzi or bubbles now. It's a bad time. Maybe...

Mavrodi (and so I) don't tell "hey, its not ponzi, we invest your money in real products/forex or whatever".

IT IS FINANCIAL PYRAMID. THERE IS NO INCOME HERE EXCEPT NEW INVESTMENTS.

Mavrodi (and so I) don't lie. Why it must be scam? You know what are you doing, where are you investing.

It's a game. Very big game.

[Red Emerald]

IT IS FINANCIAL PYRAMID. THERE IS NO INCOME HERE EXCEPT NEW INVESTMENTS.

Thank you for making my point.

I urge anyone reading this to stay far far away from anything built at all like this. ESPECIALLY ONES RUN BY PEOPLE WHO HAVE BEEN IN JAIL FOR FRAUD AND LOST TONS OF OTHER PEOPLE'S MONEY.