₦airaland Forum

eyiwunmi53:
The simple logic is that MMM is just taking a possible and preventing measures to curbing d issuing in GH before it gets out of hand. I know we are worried and I am also worried but what would we do but to patiently wait and be steadfast. We shouldn't try and see it as a panic but encourage others. After all, Ow money keeps going more. I believe dis would be resolved in no time. Long Live MMM.

eyiwunmi53:
The simple logic is that MMM is just taking a possible and preventing measures to curbing d issuing in GH before it gets out of hand. I know we are worried and I am also worried but what would we do but to patiently wait and be steadfast. We shouldn't try and see it as a panic but encourage others. After all, Ow money keeps going more. I believe dis would be resolved in no time. Long Live MMM.

MrMcJay:
Keep asking foolish questions there as if you paid your money to me. I'm not concerned about the 30 pieces of silver you put in MMM, I'm concerned that the money that the government would have put in education and infrastructure would be used to buy you drugs for hypertension.

phlexz:
Me wey go borrow money do am nko.....

Themandator:
Somebody still paid this morning and I am helping somebody make payment .....panic is the key word .....

otokx:
It is almost impossible to commit suicide twice.

Calculux95:
Be that as it may I don't think there's cause for alarm yet.
Alarm should be raised when no one gets paid after the time freeze.

I understand the need for the freeze the GH was too much
Banks work on the same logic they just pay less dividends.
Take a reputable bank like Gtb, let all its customers decide to take all their money out this Xmas period..im sure they'll also initiate a "freeze".

Whiteshades:
While everyone is crying, Mr seun will be smiling to the bank cos this topic is generating mad traffic. By the way am not even bothered cos I used SPARE MONEY, so if it crashes its cool. Life itself is a risk

ekesimo:
mine is *pending withdrawal*. I av already
been matched with someone. wonder if the
person will pay up

fratermathy:
Reading through this, I realised that our problems in the country stem from the youths.

So many people in MMM as if it's a government interventionist programme.

It is well! Enjoy your 30%

ekesimo:
mine is *pending withdrawal*. I av already been matched with someone. wonder if the person will pay up

elfico:
O boy see the traffic for this thread....

I would have loved to say "we told you" but no use kicking someone who is down.

Ponzi schemes never last for long. It would last as long as you have a large number of greedy people (which we have in Nigeria ), but the supply will run out one day and you would have millions of greedy individuals who are thirsty for more.

It might not be the end but it really looks bleak.

If it resumes again by January, many people would quickly take their cash and become skeptical about it. The result is that supply dwindles and the whole thing implodes.

I just hope you PH'ers and GH'er (whatever that means) come out of it alright. I know its a long shot but.....

PS: Not a hater o.

elfico:
O boy see the traffic for this thread....

I would have loved to say "we told you" but no use kicking someone who is down.

Ponzi schemes never last for long. It would last as long as you have a large number of greedy people (which we have in Nigeria ), but the supply will run out one day and you would have millions of greedy individuals who are thirsty for more.

It might not be the end but it really looks bleak.

If it resumes again by January, many people would quickly take their cash and become skeptical about it. The result is that supply dwindles and the whole thing implodes.

I just hope you PH'ers and GH'er (whatever that means) come out of it alright. I know its a long shot but.....

PS: Not a hater o.

epistleNow:
Please enlighten me if I ain't getting it.

Since MMM doesn't have a central account, those that run it can't run away with anyone money.

It's just that some people wouldn't get paid cause those to pay and all are being told to pause for now.

So MMM faithful shouldn't panic and cause a crash.


Views from an Observer and not a Participant