Quote from: RealBitcoin on January 10, 2017, 07:10:50 PM

Quote from: traderMax on January 07, 2017, 11:38:37 PM

Anyone who sees Bitcoin's popularity wants to make a profit from it. Network marketing is one of the sectors that wants to get this pastry share in the systems. Is it good to use bitcoin (crypto currency) by network marketing companies? How does this affect people's perspective on bitcoin?

I dont think so, so far most of these marketing companies have been all ponzi scehemes.

Like how you get 50% comision from referals signing up people to marketing schemes. Heck, most likely those are all ponzis, or matrix schemes, which are both scams.

They are also these Direct Selling companies:
https://en.wikipedia.org/wiki/Direct_selling

Which are just MLM scams, you buy the product from them, and you can sell it, so you are losing money.

They are all scams. Stay away.

In fact, it is possible for someone who is successful in a good network marketing business to earn millions of dollars. But most people in MLM companies can not make money. Not all MLM companies are fraudulent. But most MLM companies use the ponzi system. MLM firms that use the ponzi system are fraudsters.