Mirror (non)Trading International 2 - The Fallout

Status
Not open for further replies.
W

warrenpridgeon

Senior Member
Joined
Oct 5, 2015
Messages
915
Wary GOM said:
No they don't. If you remember back to one of those mini autobiographies of Cheri's, wasn't Clynton the brightest mathematician, IT, business etc mind she had ever met? Now he is both a co-owner of MTI and her husband, so MTI has the greatest minds in SA!
Click to expand...
This is an aspect that grates me about "marketing" (which is something Cheri is actually good at). Everyone claims to be the "best" or "the number 1 xxxxxxxx", by whose measure? Was there a competition? How was the winner chosen?

Every time MTI mentions a person/provider that person or provider is "the best" or "greatest"... kots... they are using cheap outsourced labour for their system but somehow the BEST of the BEST is super cheap.
 
r00igev@@r

r00igev@@r

Honorary Master
Joined
Dec 14, 2009
Messages
12,105
warrenpridgeon said:
This is an aspect that grates me about "marketing" (which is something Cheri is actually good at). Everyone claims to be the "best" or "the number 1 xxxxxxxx", by whose measure? Was there a competition? How was the winner chosen?

Every time MTI mentions a person/provider that person or provider is "the best" or "greatest"... kots... they are using cheap outsourced labour for their system but somehow the BEST of the BEST is super cheap.
Click to expand...
Take that back. Maxtratech is the best ponzi sweat shop in the whole of India.
 
W

Wary GOM

Expert Member
Joined
Aug 23, 2019
Messages
2,316
Waldman Jordaan said:
Interesting theory. However, I think MTI will go down within the next two weeks irrespective of BitCoin's performance.
Click to expand...
I think that MTI's time frame will not at this stage be fixed. Both they and members will hope for bitcoin prices to rise so that and the related increased marketing are elements. Modest or little rise in bitcoin and nothing much from FSCA during next week will see members and MTI continuing. A rise of bitcoin to above 18.5k by Wednesday or any worrying news from FSCA and there will be a stampede before next weekend.

Levels of complaint about withdrawal times will be another set of factors they will look at. High levels of complaints would accelerate withdrawals and MTI shutting up shop but for me, that won't cause a stampede to get profits out until near the middle of December.

My prediction is that it will be between 2 and 3 weeks from now. I certainly don't think it will last much beyond the public holiday in December, but if it does, it will continue into January when everyone is short of money.
 
aofafrica

aofafrica

Senior Member
Joined
Aug 12, 2020
Messages
523
Waldman Jordaan said:
Ok, I believe its prediction time.

I say these MF's aren't going to make it for another 2 weeks and will be unable to pay withdrawals. For me, all the signs are now there, clear as daylight.

So what say you?
Click to expand...
I have proven rubbish with predictions.
They have lasted longer than I could have imagined.

I believe a fall in BTC can be spun just as well as a climb, but the ZAR value is the number that speaks to the rank and file moron.

I have wanted BTC to halve desperately.
1) So I can buy some more.
2) So MTI hits the wall.

I feel the FSCA has left it too late and all the leave forms are already in at the Hawks - so January is when the FSCA will quietly hit with a super-duper never been seen before PK
 
Frikkadel23

Frikkadel23

Well-Known Member
Joined
Oct 28, 2020
Messages
336
aofafrica said:
I have proven rubbish with predictions.
They have lasted longer than I could have imagined.

I believe a fall in BTC can be spun just as well as a climb, but the ZAR value is the number that speaks to the rank and file moron.

I have wanted BTC to halve desperately.
1) So I can buy some more.
2) So MTI hits the wall.

I feel the FSCA has left it too late and all the leave forms are already in at the Hawks - so January is when the FSCA will quietly hit with a super-duper never been seen before PK
Click to expand...
I just cannot see how they can continue with this bad service for another 6weeks.
I just can’t.
fold soon
 
psssst

psssst

Well-Known Member
Joined
Nov 17, 2020
Messages
318
Something very interesting also to note here...UR states "we were in the offices of the FSCA where Johann performed a live trade and they saw the actual trade taking place"
Venator said:
At no point (that I can recall) did Cheri ever mention that UR or any of his associates were present.
Click to expand...
Would it be worth it to validate the golf day johann is referring to ? Aspecially with covid one should be able to trace this type of activity
I wonder if he travel with that wide monitor behind him?

I believe if one go more into the attention to detail we will find more discrepancies - another one is the room with the blue backround - im confident ive seen this before ( before they moved into the so called big house in durban)
Also the room seem to be small taken into account that big house. The room Setup dont fit with the expected profile. People like to show off especially if they had nothing and now have something and taken into account the cars and house they bragged about previously im surprised to see this small room and the setup.

Why dont Johann mention the name of IT company instead he mentioned indians working on system.
Nothing they say one can go and google.
support people increased - from 8 to 47. ( why dont we hear this from Human Resources- not sure HR has ever been mentioned, how dit they get these people i dit not pick up any job being advertised by mti )
Where do they sit ? ( hi u have a job now but u have to bring your own desk and laptop..haha.
How do they manage all this new remotely?
Share governance structure + locations
Head of support = Romano - why he not on the call. Why is Liewe Heksie owning that process and her brother giving update about the process but Romano says nothing.

No word about cipc indicating they a sub R1myn company based on the fee mti pays.
nothing mentioned about monica Director ship and nothing visible on cipc.

Surely they should be aware of all the rumors.



so much for asking the CEO for any last words and then after he is done Liewe Heksie still keep on talking and talking and talking and talking.......
 
C

Curiositykilledthecat

Well-Known Member
Joined
Aug 12, 2020
Messages
166
Mmm... FSCA had a deadline at the end of this month. Bitcoin and altcoins are climbing again. After the scare from the big crypto drop, plenty of novices might want to cash out before Christmas and before another big drop. This might all go down very soon - I live in hope.
 
W

warrenpridgeon

Senior Member
Joined
Oct 5, 2015
Messages
915
W

Wary GOM

Expert Member
Joined
Aug 23, 2019
Messages
2,316
warrenpridgeon said:
Saw this article today also...

So much for the "hur dur but it's bitcoin and they can't seize it" crowd... lol.
Click to expand...
Of course it can be seized and has been before and not only in China. Remember the seizure of the bitcoin supposedly held by Dread Pirate Roberts just a short while ago? Getting wallet addresses by Chinese police is really simply because they don't even start by asking nicely. Becoming a member of MTI seems to sap even the small amount of intelligence most of the members possessed.
 
N

newby_investor

Expert Member
Joined
Aug 8, 2018
Messages
4,322
Why are we suddenly putting numbers to predictions of MTI's "imminent" collapse? We've been certain that the end is nigh for a while now. What is different today?
 
Status
Not open for further replies.
Top