Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,636 members, 7,958,927 topics. Date: Thursday, 26 September 2024 at 07:28 AM |
Nairaland Forum / Nairaland / General / Investment / History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. (1640 Views)
#twink-as Will Crash Soon. Nonsense / MMM Participants Celebrate The Return Of MMM Nigeria (Videos) / Opinion Poll MMM (will U PH If U Get Matched On Jan14th) (2) (3) (4)
History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by drsugar: 6:48am On Nov 02, 2016 |
drsugar: |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by rottennaija(m): 6:56am On Nov 02, 2016 |
[quote author=drsugar post=50696660][/quote] How does MMM work? |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by drsugar: 7:19am On Nov 02, 2016 |
rottennaija: Good question. The managers pay you with the money of other people who are joining. The secret is that most people usually reinvest making the MMM pool of money to grow. The business strategy of any ponzi scheme which MMM is a type is to encourage customers to continue re investing and discourage them from cashing their money out. This is the only way they can survive. MMM JUST LIKE ANY OTHER PONZI SCHEME PAYS YOU WITH THE MONEY OF OTHER PEOPLE JOINING. This is why they have referral program. If the referral program keeps growing and people keep reinvesting without cashing much out, they won't have any problem. The only problem now is that people will run out of referrals soon and people will also start cashing out soon when they think they've made enough. That is when the MMM will fold up and the managers will disappear abroad with the remaining money. MMM is a choice. Doing it doesn't mean you are not smart, it only means you are ready to take risk. The information is just to get you prepared for possible events and make decisions. Not doing MMM also doesn't mean you are not smart even though other people are making money. It only means you understand their business model and you are just not interested. 2 Likes |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by feldido(m): 7:22am On Nov 02, 2016 |
That's why MMM said, Participate Only with Your Spare Money and Not all The Money You Have. MMM is not a get rich Scheme, it's just to share what Only the banks and a few Elites have been enjoying all this centuries, So far it's been bridging the gap between the Rich and the Poor, thats why these Elites wants it to crash, the only way MMM can crash in Nigeria is when people fall for these propagandas and stop providing help, that's why they keep intensifying their campaigns. MMM is not by force just like making money is not by force. Enough said... |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by drsugar: 7:27am On Nov 02, 2016 |
feldido: MMM is a choice. Doing it doesn't mean you are not smart, it only means you are ready to take risk. The information is just to get you prepared for possible events and make decisions. Not doing MMM also doesn't mean you are not smart even though other people are making money. It only means you understand their business model and you are just not interested. |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by Tellemall: 8:13am On Nov 02, 2016 |
[.. |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by Tellemall: 8:17am On Nov 02, 2016 |
[. |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by feldido(m): 8:26am On Nov 02, 2016 |
Tellemall: Who gets tired of making money? We are aware of the risk involved and everyone who joins does so willingly. |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by akankemi1(f): 9:25am On Nov 02, 2016 |
anyways me I just registered Sha. 1 Like |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by rottennaija(m): 9:42am On Nov 02, 2016 |
drsugar: Checking the bolded, it's just might be you don't understand how MMM works. 1. People are not discouraged from cashing out. Infact, the opposite is true. Every 30-35 days, all their participants cashes out. (Infact, they are penalties if they don't, because MMM isn't an investment bank where you leave your money.) 2. Each time a participant PHs(reinvest), they become new to the system. So, they are no running out of pool of those that PHs (investing) 3. The manages cannot run with the money, because there is no central account where the money goes. Participants pay each other directly, without intermediary. (they don't pay through manages neither do they pay through some sort of central account) 2 Likes |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by Hopez456(m): 12:39pm On Nov 02, 2016 |
[quote author=drsugar post=50696660][/quote]Lol, It is very obvious you don't know How mmm works. Please seek knowledge. Oh someone just did a good analysis up there. |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by mecussey(m): 1:59pm On Nov 02, 2016 |
drsugar: You have no idea how the MMM works...MMM does not have managers or any accout. If it seize to function today, your money is with another mmm member not mmm manager and its lost and lost for good. Therefore, if you borrow someone money and that person refuses to pay you, what do u do, sure u dust ur ass and move on simple. Thats what we see in everyday life and thats why u are advised not to borrow someone money you cannot afford to lose. |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by ayokellany: 5:02am On Jan 29, 2017 |
rottennaija: How market the manager still no get central account abi then done bail out from naija. |
Re: History Of MMM :will Crash Someday But Nobody Knows When And How Soon It'll Be. by FavoredGuy: 5:43am On Jan 29, 2017 |
Is it the second coming of Jesus that nobody knows when or how it will be? |
(1) (Reply)
Conversion Of Hnd To Bsc Or Pgd , Which One Is Better / Have You Deleted Your Pivot App?. Good News For You. / I Will Trade Your $1000 To $5000 Within 12 Months In Forex
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39 |