Mirror (non)Trading International 2 - The Fallout

[Spxdxrbxtxs]

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.

I think somewhere she actually said that the founder's pool was traded separately.
Kind of like an elite "we get 100% profit" pool.
Those are more like whales in the story.

 

[LJ1234]

...and then there is Gregory Swanepoel


...he wouldn't get it if it bit him in the xrsx. He believes MTI=BTC

 

[Decor13]

Mirror Trading International an illegal company in Canada

behindmlm.com

 

[expedite]

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

Supercalc?

 

[expedite]

Damn, methought there are 47, its actually 48. Must be the wheelie bin dude.

 

[JohnStarr]

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

That last line is quite accurate! Hit the nail (in the coffin!?!) on the head right there...

 

[IndigoIdentity]

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!!!

For a company that spends unknown amounts of millions on a god bot, you think they would have spent a few thousand on automating the payments for the clients requests already?

Need to have a new word for something that's so utterly unbelievable that it can only come from MTI...

 

[Frikkadel23]

Can someone tell me, does fatbolletjie love lindtbolletjies?

 

[Krypt0n1te]

Ek dink die storie het sy gat gesien.

 

[John Tempus]

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.

I think its less complex than that.

The ponzi software suggest what kind of balance you need to set the initial seed funds up with. MTI founders operated enough scams beforehand to have at least a few BTC among them self to seed the scam fund.

Even if they had no funds as a seed fund they could from day one have honored X and Y withdrawals by just using the same funds person1 deposited and giving it back to them when they request a withdrawal. The odds of person1 depositing 1 BTC and then also withdrawing 1.1BTC is low enough and unlikely enough that it would not be a concern.

Now you also avoid taking anything from the actual first deposits so that the system is as liquid as possible to honor withdrawal requests.

The very first members depositing were also very unlikely to request any sort of withdrawals right from the start and only when you start to grow exponentially you have more and more people as a % of total pool who will obviously request withdrawals as an average and this is where it becomes impossible to regulate the in/out and own profit taken from the scam without running short on liquidity for honoring payouts.

 

[IndigoIdentity]

Mirror Trading International an illegal company in Canada

behindmlm.com

Interesting... Mentions SA, Mexico and India being the bulk of MTI's website visitors.

Was reading this the other day too: https://www.forbes.com/sites/billyb...s-62-million-funding-round-to-conquer-brazil/

Wild guess but what are the odds that JS went to Brazil to fund Bitso with MTI users capital?

 

[John Tempus]

Interesting... Mentions SA, Mexico and India being the bulk of MTI's website visitors.

Was reading this the other day too: https://www.forbes.com/sites/billyb...s-62-million-funding-round-to-conquer-brazil/

Wild guess but what are the odds that JS went to Brazil to fund Bitso with MTI users capital?

Johann funding any sort of real project is as unlikely as Bill Gates knowing whats best for your health.

Brazil is also not close to Mexico so if he wanted to be involved in Bitso he needs to get a new GPS.

 

[IndigoIdentity]

Johann funding any sort of real project is as unlikely as Bill Gates knowing whats best for your health.

Brazil is also not close to Mexico so if he wanted to be involved in Bitso he needs to get a new GPS.

Brazil is not close to Mexico but now Bitso is in Brazil too?

How else is he going to wangle a 0.01% daily to appease their gremlins, he was obviously not capable of trading for it?

 

[MONTHEBIFF733B]

Scott starting to distance himself?

 

[Def-e-nition]

Right. So I'm sitting at a client.


HEAVILY INVESTED IN MTI.

collectively we're talking 17 bar between the 3 of them.

I've convinced all 3 of them to make a withdrawal.

Of everything.

The delays have become very real to me now, and them.

The decimal error was only just the beginning. They've now been told that withdrawals can take up to 2 Months. ..... Geeezizzzz.

I need to know from the OG , who these people can move their BTC to, provided they Get their money out.
I had an epiphany, and spilled the Mti beans.
They have been kept under a veil of secrecy and mystery and hence: are **** scared they are not going to be paid out.

IF they finally are paid out: I'm going to be needing someone to manage their funds.

I'm sitting here now, absolutely Shell shocked at the familiar faces i have now discovered, are connected. I almost don't know what to say to them.

Thanks to all involved i have cut through the Mti bullshit like a hot knife through butter. Absolute bullshit. They've been led by the nose for too long. The delays are hitting hard now.

I need the Og to step in and help me, help these guys. I never believed 6 months of following 2 threads would come in handy in helping 4 people withdraw their hard earned life savings from this cock up.

I'm glad. You all know who you are.

I would appreciate your help.

Def.

 

[ShirleyJames]

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

Hmmmm the "Peasants" are restless

 

[DesertWrangler]

Right. So I'm sitting at a client.


HEAVILY INVESTED IN MTI.

collectively we're talking 17 bar between the 3 of them.

I've convinced all 3 of them to make a withdrawal.

Of everything.

The delays have become very real to me now, and them.

The decimal error was only just the beginning. They've now been told that withdrawals can take up to 2 Months. ..... Geeezizzzz.

I need to know from the OG , who these people can move their BTC to, provided they Get their money out.
I had an epiphany, and spilled the Mti beans.
They have been kept under a veil of secrecy and mystery and hence: are **** scared they are not going to be paid out.

IF they finally are paid out: I'm going to be needing someone to manage their funds.

I'm sitting here now, absolutely Shell shocked at the familiar faces i have now discovered, are connected. I almost don't know what to say to them.

Thanks to all involved i have cut through the Mti bullshit like a hot knife through butter. Absolute bullshit. They've been led by the nose for too long. The delays are hitting hard now.

I need the Og to step in and help me, help these guys. I never believed 6 months of following 2 threads would come in handy in helping 4 people withdraw their hard earned life savings from this cock up.

I'm glad. You all know who you are.

I would appreciate your help.

Def.

Sadly, I think the time for help has passed. There’s nothing left to withdraw. We’re at the stage were the last sickly vultures are picking clean the bones.

 

[retromodcoza]

Right. So I'm sitting at a client.


HEAVILY INVESTED IN MTI.

collectively we're talking 17 bar between the 3 of them.

I've convinced all 3 of them to make a withdrawal.

Of everything.

The delays have become very real to me now, and them.

The decimal error was only just the beginning. They've now been told that withdrawals can take up to 2 Months. ..... Geeezizzzz.

I need to know from the OG , who these people can move their BTC to, provided they Get their money out.
I had an epiphany, and spilled the Mti beans.
They have been kept under a veil of secrecy and mystery and hence: are **** scared they are not going to be paid out.

IF they finally are paid out: I'm going to be needing someone to manage their funds.

I'm sitting here now, absolutely Shell shocked at the familiar faces i have now discovered, are connected. I almost don't know what to say to them.

Thanks to all involved i have cut through the Mti bullshit like a hot knife through butter. Absolute bullshit. They've been led by the nose for too long. The delays are hitting hard now.

I need the Og to step in and help me, help these guys. I never believed 6 months of following 2 threads would come in handy in helping 4 people withdraw their hard earned life savings from this cock up.

I'm glad. You all know who you are.

I would appreciate your help.

Def.

Whats to stop them just sending the bitcoin to their own wallets and liquidating it on an exchange? (Provided they get their BTC out)

Put their money in good solid blue chip stocks on the stock market. The recovery is coming. Now is a good time.

I use ShareFinder (disclaimer I'm a dev working on it) to pick my stocks - but you could follow a number of perfectly other ordinary investment paths like real estate, small businesses or a host of other outlets.

 

[IndigoIdentity]

Right. So I'm sitting at a client.


HEAVILY INVESTED IN MTI.

collectively we're talking 17 bar between the 3 of them.

I've convinced all 3 of them to make a withdrawal.

Of everything.

The delays have become very real to me now, and them.

The decimal error was only just the beginning. They've now been told that withdrawals can take up to 2 Months. ..... Geeezizzzz.

I need to know from the OG , who these people can move their BTC to, provided they Get their money out.
I had an epiphany, and spilled the Mti beans.
They have been kept under a veil of secrecy and mystery and hence: are **** scared they are not going to be paid out.

IF they finally are paid out: I'm going to be needing someone to manage their funds.

I'm sitting here now, absolutely Shell shocked at the familiar faces i have now discovered, are connected. I almost don't know what to say to them.

Thanks to all involved i have cut through the Mti bullshit like a hot knife through butter. Absolute bullshit. They've been led by the nose for too long. The delays are hitting hard now.

I need the Og to step in and help me, help these guys. I never believed 6 months of following 2 threads would come in handy in helping 4 people withdraw their hard earned life savings from this cock up.

I'm glad. You all know who you are.

I would appreciate your help.

Def.

"They have been kept under a veil of secrecy and mystery"

The are now Cheri's creations

"who these people can move their BTC to"

Obviously anywhere is better than MTI... I'm no expert here but if you take a look at:

Top Cryptocurrency Exchanges Ranked By Volume | CoinMarketCap

See our list of cryptocurrency exchanges ✔️ Ranked by volume ✔️ Binance ✔️ Coinbase Pro ✔️ Huobi ✔️ Kraken ✔️ Bithumb ✔️ Bitfinex ✔️ And many more ✔️

coinmarketcap.com

The trade volumes that the largest exchanges are doing on a daily basis is mind blowing... 17 bar would be a drop in the ocean for them so in my mind they would surely be a pretty safe bet...

 

[IndigoIdentity]

Sadly, I think the time for help has passed. There’s nothing left to withdraw. We’re at the stage were the last sickly vultures are picking clean the bones.

I agree, we're right in the "where's my BTC" phase now... It'll be a month or two before people start to realise that it is actually gone...