Mirror (non)Trading International 2 - The Fallout

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LinuxMan

Expert Member
Joined
Jan 6, 2010
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2,249
Sent out earlier:

Dear Members

We are aware that there is a minor glitch on the back office where your withdrawal is showing in your WALLET TRANSACTION HISTORY but not on you WITHDRAWAL WALLET where you would normally see it with the countdown timer. Please do not cancel and resubmit the withdrawal, it is being processed we are just working on the bug that allows you to see it in your back office. As soon as we have resolved the viewing problem you will see it again in your WALLET WITHDRAWAL tab.

Your patience is greatly appreciated.

Kind Regards
MTI Support Team

What work was being done in the first place to have impacted this function?
Cracks are starting to show
 

expedite

Senior Member
Joined
Apr 16, 2015
Messages
666
The last paragraph made my day:

"@jean

I call BS. Since when do “diplomats” follow the day-to-day scamming of dubious operators? Or keep tabs on the FSCA? Your “official place” exists only in your head and a$$.

JHC – we go from a Spanish diplomat with inside knowledge that a scam is actually legit to a South African figment of imagination.

Manuel from Barcelona becomes Mabuza from Bloemfontein… Perfectly believable."
 

D@leW

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Joined
Aug 11, 2020
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In the above clip (21:43) Cheri is confronted with a question about BTC Global...very amusing response from her..."I am not dealing with this BTC Global nonsense anymore, no time for negativity" :ROFL:

She also refers to the unregulated broker trading the full 20k BTC pool (20:50)...all with broker, no cold storage mentioned.

A few hours apart from this, Rich Simmonds (known to us a one of the original fluffers) posted in his last presentation the standard statement that fantasy trading is done through a AAA internationally rated broker. What exactly is that??? How does an unregulated faux trader aspire to achieve AAA status?

Furthermore that only part of the BTC pool is traded (also a standard statement)

I am confused. Statements made hours apart contradict each other. Exacty what is being pretend traded - the whole pool or part of it?

Am I slow or is it that I just don't understand crypto :unsure:


View attachment 942473
I've been looking into what it means to be a AAA rated broker. So far I haven't found any other broker claiming to be AAA rated. You'd think more of them would be bragging about their triple A-ness but they aren't.

Best match to a AAA broker I could find was two guy company in the Western Cape. Could this be their broker? https://www.dnb.com/business-direct...brokers.1161946b6f9f1fae746ae4ea1793d6c5.html
 

Bandersnatch

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Jun 13, 2020
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D@leW

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Aug 11, 2020
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I'd go with Scams
Yes, top category is clearly "Scams and fake Page" (not sure why these are grouped because they are completely different), but then on the sub-category, which is mandatory, there are no good choices.
 

D@leW

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Aug 11, 2020
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401
You can also point them to the FXChoice comment confirming that video being on a demo account.
That was the crypto-anal-yser video I think. The official MTI videos are from after the move to the AAA rated imaginary broker.
 

5c short

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Oct 11, 2020
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Well done guys!!!! I’m pretty sure this thread is the reason for MTI’s early demise. I’d have thought with all their experience, they thought they could drag this one out for years!!

First heard about MTI when a friend was trying to convince me to join. Gave me the whole shpeel, headquarters in Stellenbosch, Afrikaans guys, bot trading, he’s seen live trades, waddda wadddda wadddda. Sounds like a new tech ponzi I thought.

Done some quick googling of the so called management and ended up finding this post.

Literally took me about a month of bullying him with info on how this is all a scam (he gave me the same crap that you guys were just some guys who didn’t know what you were talking about and didn’t understand) which kinda infuratiated me even more considering the amount of homework you guys have put in. His a good friend and can definitely not afford to lose what he was trading with so had to go hard on him.

Happy to say eventually he did get out... came round to my place the other day and told me his using this new trading app now... turns out it’s TORQ . Another scam!!

Not sure if I can help this guy now, I guess some people prefer to live life with blinkers on
 
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