bozz007:


Banks are Ponzi schemes? You are an ignorant buffoon sir. Go and read up on the characteristics of Ponzi schemes and compare with the functions of a bank.

But I didn't insult you or anybody naw my brother. Please do your research. I was responding to the comment of someone who is in the know. Have you heard of federal reserve bank, do you know how central banks came to be, have you heard about the running battles several American presidents have waged against the banksters-Jefferson, Andrew Jackson, Lincoln, Mckinley etc? Do you know the history of money or what money is? Do you know who caused several wars and economic depressions in the world? Have you heard about social credit? Why are you so quick to spew insult. Do you have self respect? Be careful.

I really don't want to bring bad news to mmm participants but unfortunately this might be the end its really sad . I pray and hope its not sha but ultimate cycler crashed weeks ago even with the website running and the assurance of bring it back, but nothing yet .

This is the same thing that happened in south Africa ..
here is the news on when it happened
businesstech.co.za/news/finance/122271/mmm-south-africa-collapses-and-starts-over/

and an update after the restart

techzim.co.za/2016/10/will-mmm-members-ever-get-money-back-yes/

Tell them. Lovers of awoof the end is near!!!

I have 300k in the system
Ever since I heard the news, av been experiencing all sorts of body pains.
I just weak .

I'm still owk right ?

ThisYourTatafo:
Lol illiteracy is the ability to read and NOT comprehend.

What they said was you can't get paid till middle of January , they never said you cannot grow your investment.

A LOT OF PEOPLE WHO DO BUSINESS KNOW THAT U SAVE AND SAVE AT CERTAIN PERIODS NOT CAUSE U DON'T NEED cash, it's cause it's called planning.


This MMM guys have good strategists im sure of that and just like Moses, the people of Israel complained several times but the ones who know the power behind them trusted in Moses' leadership skill.


Read again what MMM said and if u get sense u go know say they only doing this HOLD for 3 weeks to create SUSTAINABILITY.


BY the way as soon as i saw the news on my PO this morning,
I provided help of 500k. Na my money.


If Nigerians wanna help themselves they won't cause panic.

Let's learn to read and understand abeg

******
Picture of you PH of the said 500k. If not, you one bloody liar..

segsxpendable:


Send the money back naaunaa ;Du

I happy die

berrystunn:


 All the banks that have collapsed are not real ventures.? You are too dull for my liking. Yes, I do have a degree in Global Finance with knowledge on how the global financial system works which indeed is a pyramid scheme with the Federal Reserve Bank being at the top of that pyramid. Stop being a dullard and reason differently for once in your life.”

Yet you depend on MMM for your keep. Go and ask for a refund of your fees. Olodo.

harbdulrasaq88:
Tears and wailing on Tuesday as Mavrodians wake up to the gory news of MMM Nigeria, the Ponzi Scheme freezing all money in its system till next year.

This single act, many participants believed may be the end of the Ponzi scheme system which the Central Bank of Nigeria has already cautioned the over 2 million participants to be wary of.

When[url] NEWSHELM.COM[/url] contacted the Customer Unit of the Scheme.... no one seems available to answer queries and several requests on the decision and suspension of withdrawals from the system til January, 2017.

Here are some reactions from the MMM community and what hope lies for them in the Ponzi system this festive season:

http://www.newshelm.com/2016/12/mmm-nigeria-i-am-doomed-i-need-my-money.html

cc lalasticlala

Am sure u are among the bad bellle

MMM is still active.. Just wait and see. Its still the best man unlike ultimate cycler or that Get Help.. All na copy copy...

princeofpeace22:
Get help worldwide is waxing strong guys join the moving train


So many guiders eating up Mmm


Check my signature to be enlightened about GET HELP WORLDWIDE NIGERIA.

I JUST GOT PAID TODAY ,SEND ME A PM I WILL SHOW YOU MY PROVE.












Mmm is long overdue to crash .



Thank me later

Hmmm people can so panic sha... Nothing do MMM... Wait till next year before una conclude

pennywys:
I'm worried for my friend, I pray it doesn't ends yet till he recovers his 300k

Betapikin101:

U suppose thank ur star

Lol, no be one account self, the two account were due same day. I got alert of 114k yesternight,30k,2 this morning.

Mujtahida:

My brother it's pathetic how ignorant people are as regards the fact that banks create money out of thin air through fiat money and fractional reserve banking, lend that same money and charge interest on it and on and on like that relying basically on human ignorance and faith. People do not realise that the banks are ponzi schemes of giant proportions. That banisters have repeatedly caused economic meltdowns, financial hardships to people than any fraudster or group of thieves. MMM might crash but I applaud the principle.

Could you please help me understand how MMM gets its interest as you compared it to banks which we save in and then they move on to loan to others at an interest rate?

Can you also help us understand how the 30% to 50% bonus or interest on the provides help comes from? Is it thin air as well?

berrystunn:


Banks are the biggest scam
The dummies dont know...

They make 200% profit with your money..

Prove 4% for you.

Ignorant is not good. Businesses that banks do are
1) they give short-term, medium term and long term loans
2) they invest in real estate
3) they trade currency ie forex
4) incomes from diaspora remittance

these are the very few i know

IMPORTANT NOTICE FROM THE MMM MESSAGE following a message on the MMM website this morning, 13/12/2016,
many have misinterpreted it to mean MMM has been suspended for a month, but the part which made people think that is quoted as follows: "Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month."- MMM Admin. Please this statement does not in any way mean that MMM activities have been suspended for a month, it only means that the usual two weeks RELEASE DATE will no longer hold, ur mavro must complete a month. all get help are still going to be paid, if u provide help 2day, ur release date will be one month from now. keep providing n getting help.

Please rebroadcast this message till it becomes clear to everybody. It's rather unfortunate that even some MMM guiders got this message wrong. Thanks.

TINALETC3:

OYO

raygurl:
Good morning mavrodians

I want to implore us to exercise patient as for the latest news on ground, MMM is not all about the money but the ideology of financial freedom. A lot of people are still putting up mentality of been enslaved to money which is not suppose to be so for we mavrodians.

If you all logging to your personal office you will see that your mavros are intact and your 30% growth has not been tampered with.
This measure of mavro frozen is to cub greed as for people that will want to get help but won't fund the system back by providing help this festive season. It is better for MMM to sustain for years so we can continue smiling than for it to be down and people would start complaining again.

People behind the system are geniuses and they know the best for the system so please do not panic.

Please help calm your downlines

MMM
Together we will change the world

I admire your uncommon optimism. An optimism devoid of any iota of rationality

Watching scream queens...


Alot of screaming this new yr lol

jaybillionaire:
How dd He restrain u

Me self no no,I nearly do am sha

austino3050:
IMPORTANT NOTICE FROM THE MMM MESSAGE following a message on the MMM website this morning, 13/12/2016,
many have misinterpreted it to mean MMM has been suspended for a month, but the part which made people think that is quoted as follows: "Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month."- MMM Admin. Please this statement does not in any way mean that MMM activities have been suspended for a month, it only means that the usual two weeks RELEASE DATE will no longer hold, ur mavro must complete a month. all get help are still going to be paid, if u provide help 2day, ur release date will be one month from now. keep providing n getting help.

Please rebroadcast this message till it becomes clear to everybody. It's rather unfortunate that even some MMM guiders got this message wrong. Thanks.

MY POINT EXACTLY

Nigerians don't like to take time to read sha....It says "from now on, all confirmed mavros will be frozen for a month" My own understanding is that you can no longer withdraw before 30days...Remember people could withdraw after two weeks...now because of the 50% bonus, in order to stop greedy people from PH and GH before your mavros is a month's ripe, they are now enforcing it. You will only be able to GH after your confirmed mavro has stayed for 30days!!!! You guys should stop fretting and just read the notification on mmm again biko!!! Stop spreading fear, calm down, read and re-interprete!!! angry angry angry

Mayb the person qet 2 MMM account... And he nids to use diff names in openinq...

optional1:



I no understand?

lemme just say he used ur acct number so that he will nt b cauqht and possibly qet ban as fine...

I'll always wonder at the level of education of fellow citizens to invest in a questionable volatile business.
Despite numerous reports of the dangers, the get rich quick - don't care how mentality of most meant it was ignored.

Good luck to everyone involved in it, unfortunately the mass hysteria surrounding this might be the cause of the eventual collapse if it truly hasn't.

monex:

I admire your uncommon optimism. An optimism devoid of any iota of rationality

No rationality, no logic. I'm perplexed too but I have seen where 7000 Nigerians wore asoebi, packed their bags and went to wait at the National theatre for their flight to Canada. There's nothing that can surprise me again.

As long as u guys don't withraw all ur money in jan without reinvesting. [/quote]
That is the issue ,but can anyone expect sanity to prevail. Most likely there will be a massive run on the scheme next. I doubt it can withstand the shock. That may be the reason some are already wailing.

austino3050:
IMPORTANT NOTICE FROM THE MMM MESSAGE following a message on the MMM website this morning, 13/12/2016,
many have misinterpreted it to mean MMM has been suspended for a month, but the part which made people think that is quoted as follows: "Hence, on the basis of the above mentioned, from now on all confirmed Mavro will be frozen for a month."- MMM Admin. Please this statement does not in any way mean that MMM activities have been suspended for a month, it only means that the usual two weeks RELEASE DATE will no longer hold, ur mavro must complete a month. all get help are still going to be paid, if u provide help 2day, ur release date will be one month from now. keep providing n getting help.

Please rebroadcast this message till it becomes clear to everybody. It's rather unfortunate that even some MMM guiders got this message wrong. Thanks.

.
I'm due on d 20th of DEC. so are u saying I can still GH next week?

olanje:
MMM has not crashed. It's only frozen. Relax.
Seriously though, there are some ideas that are either so entirely foolish or dangerous that they should never gain traction. Yet in the world of anti-intellection (some would say post-truth), every shade of mad ideas has impressive mainstream following. MMM is one such concept.
Let's keep it simple, an investment that yields a 30% monthly return will double every 10 weeks or thereabouts (compounded). If I put N100,000 into MMM in one year, at the end of 3 years, MMM would have to pay me circa N5 million. For a scheme that has no investment, the level of additional inflows required to sustain that pyramid is staggering.
MMM has an estimated 3 million account holders. If each account holder on the average kept just N10k, compounded for 3 years, the payout that will be required at the end of 3 years is over N1 trillion. If the average account is N100k, the payment will be N10 trillion. You may want to find out the size of Nigeria's budget for 2017.
If my analysis is beginning to look stupid, it's because the underlying investment is just as crazy. Here is a scheme that its potential payout in 3 years - if only N100k is compounded by 3 million participants - will be bigger than the country's budget.
Read my lips - it won't happen. In finance, we use a euphemism to describe the halt to this anomaly; it's market correction. I am not predicting a crash. I am only saying there will be a market correction. The magnitude and timing, are entirely out of my scope of predictive abilities.
There could be a number of precipitants to the correction. A widespread liquidity needs by account holders (Christmas, Easter, school fees all have seasonal impact on our cash needs) or increased regulatory scrutiny will cause problems.
If you still go ahead to put your money in MMM after reading this, if you lose your shirt, you need a hiding on your unclad back

No, this is not market correction.

With market correction, there is an underlying market, with real assets and the occasional boom-bust cycles. This is just a fraudulent scheme - with willing victims. The end result is always predictable. Ponzi schemes always end badly.

I can't for the life of me understand the intelligence of someone who invests in a promise of higher returns without questioning where the returns will come from - of course, they will tell you the returns will come from "other people paying into the system"....but for that to happen, there will have to be an infinite number of people who will pay into the system infinitely.

vickchizy:
Why are Nigerians like these?they said January 14th why not wait and see.MMM has.not crashed if not why is there site still functioning..I have my million in it but I won't tarnish the image of MMM because of one month pause mood .They said used your SPARE MONEY not ALL YOUR MONEY.Life is all about RISK.I STAND with MMM.

they can crash and leave their website and your accounts online so you can be declaring your mavros whoch cannot is not a legal means of tender.

it is either:

(1) they have crashed and are using this as an excuse - note that this frozen approach was used in other countries they crashed

(2) they have not crashed but want to return in january to capture the anti-MMM peeps who will now join the scheme after seeing them bouncing back and waxing stronger. and then they will crash a few months later.

Understand that MMM business model is unsustainable. the 30% you get as return after one month is wholly someone else's principal.

infogenius:


Top of the day to you...

I know we have read or heard on the news section that was captioned *One-Month Freezing of confirmed mavros*

As you can see, I have smiley faces at the message and as I'm not fretting I don't want any of you to. Yes, you may have heard about system upgrades and little tweeks here and there to improve the system, fix fake Pops and correct issues with failed confirmations... Support need time and our cooperation to have this done once and for all!

Yes, some of us definitely will have good use for the monies the want to GH, I can't say I understand what your going through, but be rest assured, your #Mavros are still safe!

*What is going to happen*
In 3 weeks time, all upgrades will be complete and everyone who is due for *GH can continue to GH again*

The *sensible thing to do* at this juncture will not be to *fold your arms and wait till the *01st of January, 2017*, but to continue to invite more people into the community as the promise of #20%_bonus Mavro growth will apply to them and *luckily they won't be paired until the 01st of January*

That's 3weeks already gone into a pledge...! Always look on the *bright side of things* and what makes people *extraordinary* is when they see *good opportunities* from every situation and make the *best out of it*!

*copied*

Come next January nobody is going to invest. Those who had the intent to invest will adopt a sidon look approach,but virtually every current participant will be out to withdraw. It will require massive luck for the scheme not to crash in January.

Xforce:
shey I fit slide enter ur pm?

slide nah

Emitexjnr:


Ignorant is not good. Businesses that banks do are
1) they give short-term, medium term and long term loans
2) they invest in real estate
3) they trade currency ie forex
4) incomes from diaspora remittance

these are the very few i know

Banks do business with your money.. Or there money?
Also raising critical questions, ‘’Do mmm have bank account ? Dullard can’t understand that the system is a revolving system, like the banks do, so long as every member will not withdraw their money the same day and new members keep joining, the system will not collapse. Which bank or insurance company can survive if all depositors want their money on the same day and no new funds deposited? Mmm have created a system which banks can somehow copy from and enhance liquidity   instead of being envious.”

Within the next couple of weeks, this is what you all will receive from MMM. This is based on experiences from Uganda, Russia & South Africa.






Dear participants!

Unfortunately, the persecution against MMM organized by the mass media has provoked a panic. We have been working in Nigeria for almost 1 year and we have millions of members. During all that time, we had no complaints and accusations from participants, everything was paid to everyone in time and in full amount, by 30% per month. We held charity events and helped children. We did a lot of useful things for people! Well, who was suffering from this?

The bankers and the adherents of the current unjust financial system. That is why they planned and brought all these crazy investigations and persecution in the mass media. “The only thing which prevents the investigation is the fact that non of the participants reported to the police”. If there are no complaints, and everybody is happy, then what is the investigation for? What is the subject? Did not they understand the consequences? Did not they understand that their irresponsible actions would hurt people? Millions of people! Well, try oppressing any bank, even the most reliable one, in the same way, and see what will happen tomorrow.

However, it is futile to explain that to them. MMM prevents banks from robbing people, that is the only reason why all this is happening. And nobody cares about people. If we managed to pay millions of participants 30% per month for two years (and would still be paying, if the mass media did not lie about MMM!), why do banks not do the same? Why do they offer only a few percents a year? Make your own conclusions. Thought everything is clear right now. You are simply robbed, we have always been saying it. The modern financial system is predatory by nature. It is not for ordinary people, it is for the bankers. Its purpose is financial slavery! And it achieves this purpose perfectly.

In general, in this situation, we have to start all over again. We have no choice. You can see on your own what is happening.

Hence,

The current (“old”) Mavros are frozen. Any operations with them are impossible.
With the development of the system, we will send 10% of the total inflow (of all the PHs) to pay for the “old” Mavro. According to the experience of other countries, we can definitely say that in the normal course of events, all the old Mavro debts will be paid off in about six months.
“New” Mavros (Mavro bought from the moment of this announcement) are introduced. You can use them on a common basis: to ‘acquire’ and ‘withdraw’ them at any time.
All of this, of course, is not very nice, but it’s not the end of the world. We will quickly pay off “old” Mavro debts, no doubt about it. You just have to wait. (And anyway, you can thank your precious media and banks for this “gift”!). The best thing you can do is just to start participating again, that is all. And you will quickly return everything, even with a benefit. Moreover, now is the most favorable time to participate and invite: in fact, everything starts from the beginning. So do not miss your chance! :-))

We hope for your understanding, Administration.