Post
Topic
Board Scam Accusations
Re: MMM Global Republic of BTC - Sergei Mavrodi ponzi scheme! Stay away
by
lemipawa
on 31/10/2015, 14:52:44 UTC
I do not like any Ponzi schemes. But it seems MMM is very effective in promoting bitcoin. So many people know about bitcoin now.

MMM does not, have you ever imagined once this ponzi scheme has finally collapsed? A lot of those people who has no idea what bitcoin really is but a tool or a fiat use in MMM a ponzi that they thought a shitty legal one will never go back into using bitcoin again unless they find another ponzi to join again. There is a risk for the bitcoin community also, do you know how MMM works? AFAIK what those MMM member does is just a pump and dump their coins. They are not really helping the bitcoin community. They are putting it's image in the center stage full of risks.

MMM will be used to lower Bitcoin reputation. I hate these things! I don't even imagine how many people will be scammed by this MMM but I hope this will not lead to any accusations towards BTC.

Don't invest in this scam
As I've always said, it's just a matter of time and this scheme will collapse, i;m seeing big investments in this scheme, I see 20 BTC being invested like there's no tomorrow and they are earning 20% interest from that, easy money for now, but after a few more months, I can see them scratching their heads asking what happened.