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Powercave's Posts

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SportsRe: How To Easily Know Genuine Tipsters Before Paying Them For Betting Tips by powercave: 7:48pm On Mar 13, 2019
I have always said that if the people giving you betting tips where so sure, they have brothers and sisters and friends that they could easily give. or even borrow large sums and get huge returns. Selling same for 2k to 5k is nothing but scam
WebmastersRe: Is VBHOSTNET.COM A Scam? by powercave: 12:20pm On Jan 08, 2019
jajaofopobo1:
VBHOSTNET is a Scam site beware, there support service is bad, even their hosting plan is just nonsense. They are not reliable hosting company.
Wish I had done review before giving them my hard earned money.

I sent a support ticket on the the 3rd of January and till now no one has answered. I called and called and called and called and nobody answers the line. Why will somebody not be ready for business and still spend money setting up infrastructure. I am highly disappointed and advice anybody to run far away from this SCAM called VBHOSTNET
WebmastersRe: Vbhostnet Review by powercave: 12:16pm On Jan 08, 2019
I sent a support ticket on the the 3rd of January and till now no one has answered. I called and called and called and called and nobody answers the line. Why will somebody not be ready for business and still spend money setting up infrastructure. I am highly disappointed and advice anybody to run far away from this SCAM called VBHOSTNET
InvestmentRe: Bitcoin Gurus. Is This Real Or Fake? by powercave: 9:28am On Oct 23, 2017
Bitcoin mining works, although it is getting less and less lucrative as the cost increases with increased amount of bitcoin adoption.
Have you considered investing or trading in Bitcoin/Altcoins instead? I do both and so far the trading/investments pay me better
InvestmentRe: MMM Nigeria This Is How MMM Zimbabwe Crashed. by powercave: 3:16pm On Dec 19, 2016
shachris02:
Shut it! For every one person MMM 'helped' there are 5 persons that It ripped. how do you enjoy other people's money that the owners are wailing about? There's no positive what soever to this stupid ponzi.
joker, you dont even know an inch of the story, better work on yourself and be better
InvestmentRe: MMM Nigeria This Is How MMM Zimbabwe Crashed. by powercave: 3:21pm On Dec 18, 2016
NgeneUkwenu:
MMM Nigeria this is how MMM Zimbabwe crashed, very similar to what is happening to you now.
MMM Zimbabwe made a lot of people rich but eventually made a lot more poor, typical of any pyramid/ponzi scheme that has come into existence.
Yes, the whole concept was to use “spare money” and this is probably the gospel your guiders preached throughout your participation but the truth is many participants succumb to the lure and excitement of earning “free money” at 30% interest just because you helped someone and at some point you would need help too.
In Zimbabwe, as we later realised, a lot of the guiders made a fair bit of money, with many of them converting their “mavros” the MMM digital currency into BitCoin and bought cars from Japan and continue to enjoy their money safely stored in BitCoin wallets, which is probably why a few weeks ago BitCoin in Nigeria was trading at an all-time high, they knew this was coming, and they cashed out before you could.
In Zimbabwe the first signs of MMM Zimbabwe coming to a halt when the Reserve Bank effectively distanced itself from any activity outside of its regulatory scope, they were powerless to either stop MMM Zimbabwe or help those who could potentially be affected by its subsequent demise.
This made a lot of MMM Zimbabwe participants wonder what exactly was going on to have the whole Reserve Bank come out and say they have nothing to do with MMM, confidence still remained but eyebrows started to get raised.
The smart participants caught wind of possible system crash and initiated a wave of withdrawals (GH) which led to another public blow for MMM Zimbabwe, the mobile payment system they had adopted as their primary means of transferring money to each other also distanced itself from MMM, citing it had nothing to do with any illegal activities that may or may not be happening on their platform. Again, confidence remained, but more eyebrows were raised.
Then MMM East Africa, MMM Zimbabwe’s parent organisation, froze all participants accounts and promised to have them reopened in a month after the Mavros system was replenished. The freezing allowed people to PH (deposit) but would not let anyone GH (withdraw) and this left a lot of people confused, the end of the fairytale ride was truly coming.
After the accounts were frozen, MMM was hit with increased public pressure which finally resulted in it reopening accounts, BUT, there was a catch, the Mavros had lost 80% of their value and were now trading at 1 USD = 5 Mavro, yet before it was trading at 1 USD = 1 Mavro,
We suspected that the change in the exchange rate was meant to prevent people from withdrawing as they could face massive losses of up to 80%. But on the other hand, the change in the exchange rate could have been placed to lure in new members after MMM promising that the exchange rate will stabilise back to 1-to-1 news existing members did not take well as new members would be offered free money while the old member are stuck in the system due to their accounts losing 80% of its value.
It was a take it or leave it stand-off between MMM Zimbabwe and its members, but that wasn’t the end of it, MMM then released another bombshell by granting participants access to just 1% value of their accounts, this is after the 80% reduction in value.
This meant that a participant may have had 10000 Mavros, losing 80% value to $2000, but can only withdraw 1% of that value which is $20, that is if they are fortunate enough to be matched with someone willing to Provide Help (PH). After the withdraw of 1% your account will be cleared out, leaving you with 0 Mavros in the system.
This was effectively the final blow and end of MMM Zimbabwe, very few participants got out with anything but the few that did are quite happy with all the hard work they put into getting new members and “guiding” them through the system earning bonuses and high-interest rates.
We were able to catch wind of some official communication which placed the affected MMM Zimbabwe Members at 66,000 and had MMM moving $3 million USD at its peak, a paltry figure if you compare Zimbabwe’s population to Nigeria’s which some media outlets are placing at a million victims.
Will you ever got your money back? Well its really up to you as participants but from MMM Zimbabwe experience the system is effectively shut down.
http://www.techzim.co.zw/2016/12/mmm-nigeria-mmm-zimbabwe-crashed-similar-happening-now/
Free promo for your blog i guess, Congrats.... Why do Nigerians hate the progress of their fellow Nigerians, you LIE that MMM Zimbabwe is no longer functional but it is . I have proof. visit http://ea-/testimonials/ and see for yourself people.
Date: 2016-12-17 № 2

Help received: 40 usd

I am Kizza Ivan 100+ guider of MMM in Uganda. I made an order for GH 40$ on the 15th of December 2016 for my referral bonus and leader bonus all the money way sent to me on the same day . Thank you mmm together we change the world. #MMMPAYS #Witness_the_power_of_giving #MMMEA_Community :-):-)
The financial institutions and Forces that be will continue to fight this financial revolution, but its too late now, the banking system is about to change.

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