i have followed with intrest the emergence of crypto curency thinking it could be an alternative source of residual income. the more i try to make up my mind on bitcoin by creating a wallet the more i get confuse. which of these currency will be acceptable in the future with new currency springing up every day all having different exchange rate.

this currency can not and will never be the currency of the future stop wasting your valuable resources on worthless deals that will soon burst. it is scam from the Asian world that have not been accepted by any country of the world or listed as a stock

who determine the exchange rates of this currency? one thing i am very sure of is that it will be frustrated by the USA it can never see the light of the day.

As for mmm the issue is not coming back but how can the come back be sustain. we all agreed that there is no central account anywere the money comes from we the participants. there is ratio inbalance between GH and Ph, 75% of the participant in this schem have there money traped. with enough panic in the system who will be willing to bridge the GH gap, where is the money going to come from? it will be a miracle for mmm to boune back again. I belive in miracle

i am still waiting for die hard members who will be willing to PH

is obvious, u just want to make FP, Rubbish!

Hey I have like 5 bitcoin saved woh, I spent hours online to gather it, the reason I stopped I just feel dis bitcoin issue won't last long & it's very annoying to earn.

See the way bitcoin resellers dey attack me left & right.
I will say again bitcoin na waste of time & Nigerian IPs are already banned from some the most profitable mining( earning) sites. Enjoy buying ur hacker currencies

Am not doing MMM, but am just very annoyed at all the anti MMM posts on NL, I don't just get it, why are u disturbing urself for something that doesn't concern u? Did they ask u to analyse for them? is common sense to leave them to do what they deem fit with their money, is no one's business, one thing must kill a man, enough of the unsolicited advise, get a life pls.

Chriswazo:
Am not doing MMM, but am just very annoyed at all the anti MMM posts on NL, I don't just get it, why are u disturbing itself for something that doesn't concern u? Did they ask u to analyse for them? is common sense to leave them to do what they deem fit with their money, is no one's business, one thing must kill a man, enough of the unsolicited advise, get a life pls.

is there money but let them stop hoping of getting there money mine inclusive.

Chriswazo:
Am not doing MMM, but am just very annoyed at all the anti MMM posts on NL, I don't just get it, why are u disturbing itself for something that doesn't concern u? Did they ask u to analyse for them? is common sense to leave them to do what they deem fit with their money, is no one's business, one thing must kill a man, enough of the unsolicited advise, get a life pls.

Dyu know that if any Nigerian goes to any foreign country they are very cautious about us. Note that the reason is because in the past Nigerians have done outrageous things (things that other Nigerians didnt think concerned them) and now it is affecting every Nigerian. things concern us more than what we actually think.

Later Foreign folks may not like funding or investing in Nigerian businesses cos we have proved over time that we like quick money a lot. How awkward would it be if you found a foreign business partner who then decides to back out cos of what he's read about Nigerians. Then you'd realise how things we do affect all of us

i am watching in 5D

guys if you are not doing, pls mind your business. you guys said mmm is not coming back , but its back, you dont understand the ideology behind it. na wa, all this energy you spend in discouraging people from doing mmm should be directed towards the govt. tell the govt to provide constant electricity and good roads as well as Jobs. now there are no jobs and people are able to make some money legitimately you are kicking against it. direct your energy on yahoo boys, gaays, armed robbers and so on. Enemy of progress ok!

Wickedness is embedded in an average Nigerian skin, see the level at which people waste their energy on mundane things.
Your epistle will never increase your value nor will it increase your knowledge.
All these schemes are just new in Nigeria and people like op has started falling sick for people's sake....Smh

Pls make Google your best friend, white men don't do without Betting, Ponzi nor Casinos yet no one cried over it.


My fellow Nigerian, ponder on how your life will be better than the previous year.

You can make cool cash writing as a freelancer than writing rubbish here.

pafra:
i am still waiting for die hard members who will be willing to PH

Shut up people are PHing big time... My DLners shocked me today. Went through a friend's PC today, saw series of PH... People believe in this MMM beyond what you can imagine..
I'll gladly PH Next Week by God's grace

when you are worth millions in bit coins but nobody wants to buy and now you are hungry but iyaba sira doesn't accept bits

...

MMM peeps oya come buy your BITCOIN from me biko...Juicy rates ohhh

Following

MMM might burst but Bitcoin has been around for a long time and it is gaining more recognition now more than ever.

Oooooohmmm! Make una leave MMM alone na

was planning on joining mmm put this bitcoin talk just weaken my spirit

the average Nigerian would like to walk to the bank and pay in naira to provide help and in 30 days see alert entering into his fone

this bitcoin thing just dey some how

I have bit coin for sale. Pm me if interested

*_Please endeavour to read this very interesting piece!_*

*STATE OF THE NATION*

A SELF DECEIVING COUNTRY CALLED NIGERIA

Twenty-one senators currently receiving pensions from government as ex-governors and deputy governors.

The current senators who once served as governors are Bukola Saraki of Kwara, Rabiu Musa Kwankwaso of Kano, Kabiru Gaya of Kano, Godswill Akpabio of Akwa Ibom, Theodore Orji of Abia, Abdullahi Adamu of Nasarawa, Sam Egwu of Ebonyi, Shaaba Lafiagi of Kwara, Joshua Dariye of Plateau Jonah Jang of Plateau, Aliyu Magatakarda Wamakko of Sokoto, Ahmed Sani Yarima of Zamfara, Danjuma Goje of Gombe, Bukar Abba Ibrahim of Yobe, Adamu Aliero of Kebbi, George Akume of Benue and Isiaka Adeleke of Osun.

The former deputy governors in the Senate are Ms Biodun Olujimi of Ekiti and Enyinaya Harcourt Abaribe of Abia. Danladi Abubakar Sani served as the acting governor of Taraba state.

Many former governors are also in Buhari's Cabinet as Ministers. This includes: Ngige, Fayemi, Amaechi and Fashola (SAN).).

In Akwa Ibom State, the law provides that ex governors and deputy governors receive pension equivalent to the salaries of the incumbent. The package also includes a new official car and a utility vehicle every four years; one personal aide; a cook, chauffeurs and security guards for the governor at a sum not exceeding N5 million per month and N2.5 million for his deputy governor.

In Rivers, the law provides 100 percent of annual basic salaries for the ex-governor and deputy, one residential house for the former governor “anywhere of his choice in Nigeria”; one residential house anywhere in Rivers for the deputy, three cars for the ex-governor every four years and two cars for the deputy every four years.

It is alledged that in Lagos, a former governor will get two houses, one in Lagos and another in Abuja, estimated at N500 million in Lagos and N700 million in Abuja. He also receives six new cars to be replaced every three years; a furniture allowance of 300 percent of annual salary to be paid every two years, and a N30 million pension annually for life.

This is the reality for all the 21 ex govenors and deputy governors who are currently serving as senators. This same is also true of ex governors who are now serving as Ministers.

NOW I ASK:
How many years did these guys serve their states as governors and deputy governors? Is it more than 8years? Is that a reason to be entitled to pensions for life? Even if they are entitled to pension for life, must it be so outrageous?

As if that is not enough: HOW on earth can any public servant with conscience collect salaries and allowances as a senator or minister, and still have the audacity to claim pensions equivalent to the salaries of a serving governor in Nigeria?

IT ISN'T ROCKET SCIENCE......

Once you are elected a senator or appointed a minister, you must forfeit any pension accruing to you from government at any level until you vacate office. This should also apply to senators collecting military pensions like former Senate President David Mark.

Yet these senators are in the Senate that is inviting the current finance minister to discuss the recession of Nigeria's economy. A senator pockets approximately 30 million naira monthly as salary and allowances. Our "honourables" are not interested to make laws that could restructure our country into economically autonomous federating States/Regions to save the country from sectional agitations that is threatening to destroy Nigeria. The sad and hopeless situation is that the rest of Nigerians are busy arguing based on party, ethnic and affiliations while these enemies of state continue to rape us.

Do you know that it costs tax payers 290m Naira yearly to maintain each member of our National Assembly in a country where nothing works & 80% of population earn below 300 Naira a day ? A working day earning of a senator is more than a yearly income of a doctor; it's more than the salary of 42 Army generals

DuBLINGreenb:
when you are worth millions in crypto currency but nobody wants to buy and now you are hungry but iyaba sira doesn't accept crypto

Lol

Abeg make una leave MMM alone jare. MMM this MMM that

CANT SOME PEOPLE BE MATURED AND LEAVE THIS MMM TOPIC ALONE. AFTERALL YOU WILL NEITHER GIVE ASSISTANCE TO THE POOR.

.

Una don start again.

2tek replies an MMM ANTAGONIST--- maclatunji


The following are my questions to the subscribers to MMM popularly called Mavrodians.
here are the answers from my understanding.

1. Where do you think the money you are collecting through MMM is coming from?

MMM claims not to be a business and not an investment, so where do you think the 30% return which excites you so much is coming from?

ANSWER:the 30% comes from traffic generated from the website,money donated by new members, money re-donated by old members and help from other countries. it is ALMOST IMPOSSIBLE for ALL these 4 conditions not to occur. MARK ZUCKERBERG, the owner of Facebook is the 5th or 6th richest in the world and one of the ways he gets his money is through traffic generated by Facebook. MMM is currently in over 120 countries of the world with over 200 million participants.

2. Do you know what a Ponzi scheme is?

I have to ask this question because of those who defend MMM with the claim that they have made money from it. To be the clear, a minority will make money from Ponzi schemes being the early adopters that help to create the exponential growth. However, the latter subscribers are the ones that lose greatly. If you understand this, you will not present this argument as evidence for MMM not being a fraud.

ANSWER:BIG LIE.The early adopters will pay the newcomers. the next set of newcomers will pay the early adopters and it continues like that. its a circle that will never end. Money is redistributed among members of MMM on the principle of gratuitousness, benevolence and reciprocity. MMM members donate FREELY to each other. Nobody was forced to join MMM. We are aware of the risks both implicit and explicit. No man has ever succeeded financially without taking CALCULATED RISKS.

3. Where did you get the money you invested in MMM from?

You could not use that money in any legitimate business?

I ask this question because many MMM subscribers behave as if they were incapable of earning money before MMM came.

ANSWER:A good number of MMM subscribers are gainfully employed and have normal businesses. Remember, There is nothing wrong in having an alternative source of income. Remember, we have DANGOTE CEMENT, DANGOTE SUGAR, DANGOTE RICE FARM and now in the pipeline - DANGOTE REFINERY.

4. Is it that you don’t understand that governments across the world are duty-bound not to allow a Ponzi scheme started by an ex-convict that has scammed people across the world operate freely within their countries?

This one is self-explanatory, Sergey Mavrodi the main brain behind MMM is an ex-convict. He got convicted for scamming Russians with a precursor scheme to MMM.

[b]ANSWER: Point of correction-MMM has never defrauded anyone. MMM became so popular in RUSSIA and was controlling one third of the total money in russia at a time, so the government became jealous and decided to loot the peoples money using 17 trucks to carry/loot cash from MMM OFFICES. That is the main reason MMM doesn't have a CENTRAL ACCOUNT where money can easily be stolen.The government of Russia defrauded the participants,not MMM. They claimed SERGEI MAVRODI/MMM evaded tax but MMM/SERGEI MAVRODI stood his ground telling/educating the government oppressors that MMM is not a business that should pay tax. MMM is just a community of people donating/helping each other with their spare cash. DO you pax tax to the government on the spare money you donate to your brother or neighbour or give out as charity? MMM has come to destroy the current unfair and unjust financial world order/institutions, so don't expect the government,CBN,SEC, etc to be happy. MMM has come to liberate people from financial bondage and servitude. The financial APOCALYPSE is inevitable. MMM servers(cloud servers) are not located in NIGERIA, so the government CAN NOT STOP MMM. the same way the government can not stop facebook,youtube,twitter etc.[/b]


5. Explain how MMM is a revolutionary idea that commercial banking should be afraid of?

MMM subcribers are quick to tag banks as stealing from their customers while MMM is the solution for the masses. Curiously enough, they pay into each other’s bank accounts; curious to say the least.

ANSWER:MMM gives 30% every 30days which the banks CAN NOT give. MMM gives 10% referral bonus. NO serious MMM participant will take loan from any bank again. No serious MMM participant will maintain any fixed deposit in the bank again. No serious MMM participant will buy any dubious, non performing shares again.


6. Do you understand that wealth is created based on the value you create not through this system operated by a few people to rob people of their money while leaving them in the lurch?

Let us say all of us joined MMM, where would productive output come from?

ANSWER: MMM does not stop anyone who is serious from being productive. MMM will in fact assist to provide the financial boost needed for people to be more productive. MANY MMM participants are gainfully employed and engage in various productive businesses and entrepreneurial ventures.


7. Did you anticipate that your ‘investment’ (sorry, your ‘Mavros’) could be frozen without you having any say on what happens next?

I am sure many ‘Mavrodians’ did not expect this December debacle, but we are here.

ANSWER: PAUSE MODE/FREEZING OF ACCOUNTS is one of the strategies employed by MMM for STABILITY AND SUSTAINABILITY. its not a new strategy, only those who didn't read/research well about MMM will claim ignorance. THe number of participants GHing*(getting help or withdrawing money) from the system should balance with the number of participants PHing*(providing help or depositing money) otherwise a PAUSE MODE is activated which normally lasts from 1-2months. MMM has lasted for 5years in its current form since 2011, and that is one of the strategies adopted over the years. it was adopted in south africa and zimbabwe and the MMM in both countries is doing fine now. Even banks couldn't pay many customers this PAST festive season. ATMs were dried, with no cash in them for people during yuletide season. Is that not a form of PAUSE MODE?


8. Do you agree that as a promoter of the scheme, you are quite dubious because you are seeking to reap bountifully at the expense of others when the scheme crashes?

Note I wrote ‘when’ not ‘if’

ANSWER: OGA, MMM CAN NOT and i repeat CAN NOT crash. The worst that can happen is a pause mode/re-start. A pause mode is not a crash. my people perish for lack of knowledge. It is easier for a camel to pass through the eye of the needle than for MMM to crash. MMM is an ideology. MMM is like religion, religion CAN NOT CRASH. The day an individual dies, his own MMM or religion has CRASHED. Everybody in the world CAN NOT die at the same time.In a pause mode, MMM will manually calculate how much each individual has earned from the system, those who have made 'profit' already will have their old mavros/money frozen and released gradually, but the poor,newcomers or 1st timers will be queued up to be paid first by the system followed by others. thereby ensuring that NOBODY looses money. and the system PH/GH RATIO will balance in time.

9. Do you not worry that you could have a hand in the death or grievous harm happening to people who could lose money from MMM and become suicidal?

We already have reports of some people taking poison because their money got frozen this December.

ANSWER: MMM is sincere and transparent, hence the WARNING to ALL participants to participate with their spare money. This is CLEARLY WRITTEN on the programs website home page. MMM participants are adults responsible for their actions.

10. Do you understand that you are effectively using time that you could use for productive activity to promote a questionable scheme at best?

If you understand that time lost is irrecoverable, why waste it?

ANSWER: MMM is not a questionable scheme. MMM is an ideology that is changing lives of millions of people around the world. MMM is bridging the gap between the rich and the poor. If any adult decides to dedicate few hours or days to donate his/her spare money to charity or a neighbour in need, or teach people how to do same, do u consider that wasteful? MMM is helping humanity, that is CERTAINLY NOT WASTEFUL.

Your answers and feedback are quite welcome.

Source: http://www.opinions.ng/top-10-questions-mmm-subscribers-mavrodians-answer/

$eun and this MMM matter, the way him and his mods carry this matter for head is scary.