Mirror (non)Trading International 2 - The Fallout

[notayoba]

Neno has flow south to Barbados for the winter. Sorry no more great mirror trades.

Only natural. Taking weekends off only gets you so far. Sometimes you need a good solid 3 week break.

 

[soulie]

Some more ponzitivity and moans View attachment 976284 View attachment 976286 View attachment 976288 View attachment 976290 View attachment 976292
Trading results yesterday 0.093%...the bot is losing it's edge.

This is comedy at its best .vat so katvis .i love it

 

[Venator]

Some more ponzitivity and moans View attachment 976284 View attachment 976286 View attachment 976288 View attachment 976290 View attachment 976292
Trading results yesterday 0.093%...the bot is losing it's edge.

This is comedy at its best .vat so katvis .i love it

The worse the "bot" performs, the less ROI and binary bonuses are assigned to each member, hence smaller withdrawals.

 

[Wary GOM]

I wonder if any of those lying admin types now even remembers WHAT it is the MTI's super tech team, led by the greatest programmers in South Africa, is working ON?

Methinks the public holiday tomorrow might not be a very happy one for a whole lot of MTI members. Hopefully Peter Muller will have his braai gate-crashed by angry downline demanding attention!

 

[IndigoIdentity]

The worse the "bot" performs, the less ROI and binary bonuses are assigned to each member, hence smaller withdrawals.

The less the members withdrawal the more the bot makes as it’s not under pressure from answering all the emails...sheesh, it’s the basics of robotics people, enough questions, let’s just let the bot work!

 

[D@leW]

What made me think this was going to last until 31 Jan? That's so far away and people aren't going to forgive MTI for ruining Christmas. I'm thinking now that 4 Jan is when everyone will realise it's over and Cheri will finally tell us that Steven Johann left for Brazil without telling anyone and has been eaten by a shark, along with the cold storage wallet. She's just a member, just like everyone else, and she's also lost everything (except her house and all her lindt balletjies).

That should be the winning criteria - not when payments stop, because the cult will last a while without any payments, but when Cheri either disappears or gives us the Johann has disappeared line, or the back office is finally turned off. (No need to update my guess. I already have free Netflix.)

 

[Bsouthafrica]

 

[warrenpridgeon]

So someone raised a point on a Telegram group... How did MTI pay the 10% referral commissions from day one? I.e. the first batch?

So I fired up excel.
Using round numbers... Say someone deposited R100 000 on day 0, right at the beginning of the day. Their upline is due R10 000 in 7 days time as MTI claims they don't use members deposits to pay referral bonuses but use their profits from the 10% they take of the profits per day.

MTI's compensation plan (as per daily payout flyers):
Member 40%
Binary 20%
P1/P2 5%
Traders 25%
MTI 10%

Now... If MTI had rip roaring 5% profit trades per day they would only get R500 of the R100 000 at the end of day 0. R100 000 * 0.05 = R5000 -> R5000*0.1 = R500 (MTI's 10% slice at end day 0).
It would take roughly 15/16 days for MTI to earn the R10 000 they owe the R100 000 depositors upline.

If they had more average days at 2% per day it would take them 41/42 days to earn the R10 000 they owe the R100 000 depositors upline.

With their "average 1% per day" it will take 83/84 days for them to earn what they need to pay the R10 000 referral bonus.

The calculation is done by increasing the members balance by 40% of the daily profit percent chosen and giving MTI their 10% of the profit slice per day:

Day	Balance	Profit end of day	Member Balance end of day	MTI Slice	MTI running balance
0​	100000​	400​	100400​	100​	100​
1​	100400​	401.6​	100801.6​	100.4​	200.4​
2​	100801.6​	403.2064​	101204.8​	100.8016​	301.2016​
3​	101204.8​	404.8192​	101609.6​	101.2048​	402.4064​
4​	101609.6​	406.4385​	102016.1​	101.6096​	504.016​
5​	102016.1​	408.0643​	102424.1​	102.0161​	606.0321​
6​	102424.1​	409.6965​	102833.8​	102.4241​	708.4562​

This same principle will apply with more deposits etc. AND this excludes any and all running costs MTI incurs, like offices, staff and servers etc.

 

[JohnStarr]

View attachment 976376

Going down for a backup...what year is this???

 

[LJ1234]

So someone raised a point on a Telegram group... How did MTI pay the 10% referral commissions from day one? I.e. the first batch?

So I fired up excel.
Using round numbers... Say someone deposited R100 000 on day 0, right at the beginning of the day. Their upline is due R10 000 in 7 days time as MTI claims they don't use members deposits to pay referral bonuses but use their profits from the 10% they take of the profits per day.

MTI's compensation plan (as per daily payout flyers):
Member 40%
Binary 20%
P1/P2 5%
Traders 25%
MTI 10%

Now... If MTI had rip roaring 5% profit trades per day they would only get R500 of the R100 000 at the end of day 0. R100 000 * 0.05 = R5000 -> R5000*0.1 = R500 (MTI's 10% slice at end day 0).
It would take roughly 15/16 days for MTI to earn the R10 000 they owe the R100 000 depositors upline.

If they had more average days at 2% per day it would take them 41/42 days to earn the R10 000 they owe the R100 000 depositors upline.

With their "average 1% per day" it will take 83/84 days for them to earn what they need to pay the R10 000 referral bonus.

The calculation is done by increasing the members balance by 40% of the daily profit percent chosen and giving MTI their 10% of the profit slice per day:

Day	Balance	Profit end of day	Member Balance end of day	MTI Slice	MTI running balance
0​	100000​	400​	100400​	100​	100​
1​	100400​	401.6​	100801.6​	100.4​	200.4​
2​	100801.6​	403.2064​	101204.8​	100.8016​	301.2016​
3​	101204.8​	404.8192​	101609.6​	101.2048​	402.4064​
4​	101609.6​	406.4385​	102016.1​	101.6096​	504.016​
5​	102016.1​	408.0643​	102424.1​	102.0161​	606.0321​
6​	102424.1​	409.6965​	102833.8​	102.4241​	708.4562​

This same principle will apply with more deposits etc. AND this excludes any and all running costs MTI incurs, like offices, staff and servers etc.

...but....but....but there is NO trading.

 

[warrenpridgeon]

...but....but....but there is NO trading.

Well yes we know... lol.

 

[PsyWulf]

Going down for a backup...what year is this???

Even Excel spreadsheets can be backed up live so they must be running Lotus and Quattro Pro

 

[Decor13]

Jean and Duds, you two are seeing some light ...very little, but it's there

Admin too slow to delete today, Mitchell!!

 

[warrenpridgeon]

Even Excel spreadsheets can be backed up live so they must be running Lotus and Quattro Pro

Either that or Johann has to go photocopy his paper pad he does his calculations on. Hehe.

 

[warrenpridgeon]

Jean and Duds, you two are seeing some light ...very little, but it's there
View attachment 976406
Admin too slow to delete today, Mitchell!! View attachment 976412

And instantly taken to task by other members for not being ponsitive enough. Cult action right there.

 

[Spxdxrbxtxs]

So someone raised a point on a Telegram group... How did MTI pay the 10% referral commissions from day one? I.e. the first batch?

So I fired up excel.
Using round numbers... Say someone deposited R100 000 on day 0, right at the beginning of the day. Their upline is due R10 000 in 7 days time as MTI claims they don't use members deposits to pay referral bonuses but use their profits from the 10% they take of the profits per day.

MTI's compensation plan (as per daily payout flyers):
Member 40%
Binary 20%
P1/P2 5%
Traders 25%
MTI 10%

Now... If MTI had rip roaring 5% profit trades per day they would only get R500 of the R100 000 at the end of day 0. R100 000 * 0.05 = R5000 -> R5000*0.1 = R500 (MTI's 10% slice at end day 0).
It would take roughly 15/16 days for MTI to earn the R10 000 they owe the R100 000 depositors upline.

If they had more average days at 2% per day it would take them 41/42 days to earn the R10 000 they owe the R100 000 depositors upline.

With their "average 1% per day" it will take 83/84 days for them to earn what they need to pay the R10 000 referral bonus.

The calculation is done by increasing the members balance by 40% of the daily profit percent chosen and giving MTI their 10% of the profit slice per day:

Day	Balance	Profit end of day	Member Balance end of day	MTI Slice	MTI running balance
0​	100000​	400​	100400​	100​	100​
1​	100400​	401.6​	100801.6​	100.4​	200.4​
2​	100801.6​	403.2064​	101204.8​	100.8016​	301.2016​
3​	101204.8​	404.8192​	101609.6​	101.2048​	402.4064​
4​	101609.6​	406.4385​	102016.1​	101.6096​	504.016​
5​	102016.1​	408.0643​	102424.1​	102.0161​	606.0321​
6​	102424.1​	409.6965​	102833.8​	102.4241​	708.4562​

This same principle will apply with more deposits etc. AND this excludes any and all running costs MTI incurs, like offices, staff and servers etc.

Minor issue would be that the upline would have supposedly deposited moola in first.
So their guacamole would have been earning trading interest.
So, on a total thumbsticksuck, if they invested a R100k and recruit their down line a week after their deposit, there is a chance that their recruitment bonus could be paid out by week 4.
I remember something about a period before earning a recruitment bonus to ensure members money stayed put?

 

[warrenpridgeon]

Minor issue would be that the upline would have supposedly deposited moola in first.
So their guacamole would have been earning trading interest.
So, on a total thumbsticksuck, if they invested a R100k and recruit their down line a week after their deposit, there is a chance that their recruitment bonus could be paid out by week 4.
I remember something about a period before earning a recruitment bonus to ensure members money stayed put?

There's a 7 day hold before referral commission is paid out.
Also don't forget that the uplines moola also requires a 10% commission to be paid to someone... If you roll that all the way to the top and say OK mti founders didn't take commissions (the data leak shows they did) they'd still be short...

The data leak actually backs this up as it shows the total referral bonuses paid out is way higher than the "10%" they have "earned" per day.

 

[MONTHEBIFF733B]

Seems like Scott might be drinking the kool-aid himself when looking at his enquiries on telegram about his own downline. He went forward and posted on the team gpi group that withdrawals will be sorted...and now its RAINING comments on there!!!

 

[Spxdxrbxtxs]

There's a 7 day hold before referral commission is paid out.
Also don't forget that the uplines moola also requires a 10% commission to be paid to someone... If you roll that all the way to the top and say OK mti founders didn't take commissions (the data leak shows they did) they'd still be short...

The data leak actually backs this up as it shows the total referral bonuses paid out is way higher than the "10%" they have "earned" per day.

Yes, well, if you're going to be factual then there's the added reality that at one stage MTI lost all (most?) their money. So all the deposits from the founding members that would/could have been used to garner interest would be gone.
And they would have relied completely on new incoming deposits for anything.

 

[warrenpridgeon]

Yes, well, if you're going to be factual then there's the added reality that at one stage MTI lost all (most?) their money. So all the deposits from the founding members that would/could have been used to garner interest would be gone.
And they would have relied completely on new incoming deposits for anything.

There's also the magical founders pool bonuses which materialized out of thin air too... The daily "earnings" are already 100% divided up, yet Cheri said the founder's pool was never a secret... So there's magical btc that came out of thin air. We all know that it all actually comes from thin air... Just identifying more wholes in their stories.