Mirror Trading International

Status
Not open for further replies.

newby_investor

Expert Member
Joined
Aug 8, 2018
Messages
4,326
mmm... I'm sure somewhere in one of MTI's video archives, MTI themselves say (in an attempt to prove that they aren't a ponzi scheme) that even if everyone withdrew their money, MTI would still function as normal. If they aren't a ponzi scheme, this is totally true. The "founders", with their own money, would still continue trading. It would make no difference (except of course for the "founders" bonus that we only found out about recently, and of course the p1 and p2 income, and of course the binary income but I digress into ponzi speak now). So, to say that crypto schemes fail because of mass panic cannot be true if they don't rely on investor's money. Or am I missing something?
Everyone withdrawing isn't a thing that even a bank or a normal financial institution like Coronation could endure because then they'd have no business.

But they'd last until most of their customers are gone at least. From the dump, it looked as though if roughly 1/3 of MTI's "investors" withdrew what they think they're owed, the "scheme" would not be able to pay out anymore.
 

Curiositykilledthecat

Well-Known Member
Joined
Aug 12, 2020
Messages
166
Everyone withdrawing isn't a thing that even a bank or a normal financial institution like Coronation could endure because then they'd have no business.

But they'd last until most of their customers are gone at least. From the dump, it looked as though if roughly 1/3 of MTI's "investors" withdrew what they think they're owed, the "scheme" would not be able to pay out anymore.
Banks I can understand. They offer additional services like mortgages and loans, so if everyone withdrew their money it would be a problem. However, MTI does not offer any of those services.

Theoretically, if they were above board and not a ponzi scheme, the founders could just continue as before and let the bot trade their millions. I'm just putting this out there so that this excuse is shown as invalid IF they fail. I say IF because they might be shut down soon (before they have a chance to fail), in which case all the blame will be placed squarely on institutions who are "out to get" them and are just jealous and don't want to see the average Joe succeed. We know the spiel already.
 

Def-e-nition

Well-Known Member
Joined
May 2, 2020
Messages
432
Banks I can understand. They offer additional services like mortgages and loans, so if everyone withdrew their money it would be a problem. However, MTI does not offer any of those services.

Theoretically, if they were above board and not a ponzi scheme, the founders could just continue as before and let the bot trade their millions. I'm just putting this out there so that this excuse is shown as invalid IF they fail. I say IF because they might be shut down soon (before they have a chance to fail), in which case all the blame will be placed squarely on institutions who are "out to get" them and are just jealous and don't want to see the average Joe succeed. We know the spiel already.
So : does one choose the lesser of two evils ,and let it play out, allow them to commit harikiri
Or:

Do you stop it ,and hear them whine about us being the conspirators in the prevention of 190 000 people, from becoming Millionaires?
 

Tman*

Executive Member
Joined
Jul 18, 2012
Messages
5,502
Does anyone know who the mythical person is that allegedly been arrested for the hack?

The one where Cheri said she opened a police case but could not provide a case number,and then later the CEO said they are still going to open up a case?
 

Speedster

Honorary Master
Joined
May 2, 2006
Messages
21,684
Does anyone know who the mythical person is that allegedly been arrested for the hack?

The one where Cheri said she opened a police case but could not provide a case number,and then later the CEO said they are still going to open up a case?
You mean you actually expect one word coming our of Cheri's mouth (keyboard) to be true?
 

r00igev@@r

Honorary Master
Joined
Dec 14, 2009
Messages
12,107
Does anyone know who the mythical person is that allegedly been arrested for the hack?
The one where Cheri said she opened a police case but could not provide a case number,and then later the CEO said they are still going to open up a case?
Ja, It is Abdullah in India. id=0
Cheri is busy pulling his toenails out right now!
 

Tman*

Executive Member
Joined
Jul 18, 2012
Messages
5,502
You mean you actually expect one word coming our of Cheri's mouth (keyboard) to be true?
I expect a statement in a week from MTI: "Due to MTI's amazing "ex NASA Scientist law team" the evil, wicked and possessed Hacker has been sentenced to 15 years in jail, your data is safe with us. Trust us"

Edit: "ex NASA Scientist law team" - here at MTI we use the same law team that NASA used to protect their code that sent a man to the sun.
 

BeoWulf2

Active Member
Joined
Sep 21, 2020
Messages
41
Just something that caught my eye on the Maroela media comments. I assume this person is talking about MTI. If that is the case, then I bring you another red flag. This could then be why people are still investing and reqruiting like crazy as to not miss the chance to be part of the scam of a life time.
 

Attachments

  • Screenshot_20200928_080257.jpg
    Screenshot_20200928_080257.jpg
    442.9 KB · Views: 98
Last edited:

justreading

Well-Known Member
Joined
Aug 7, 2020
Messages
250
Maybe anonymous sa should drop a bomb on that link and tell the people that it is fake news. No case, no arrest and all they doing is trying to deflect people from the matter at hand.
 

Tman*

Executive Member
Joined
Jul 18, 2012
Messages
5,502
Maybe anonymous sa should drop a bomb on that link and tell the people that it is fake news. No case, no arrest and all they doing is trying to deflect people from the matter at hand.
Judging by the initial discrepancies its pretty clear that Cheri is lying about the hacker being "Known" and arrested.

Problem when trying to argue with an compulsive liar is she will drag you down to her level and beat you with experience
 

Zuen

New Member
Joined
Aug 27, 2020
Messages
4
I had a very upsetting conversation with my Aunt.

So she knew about the hack because MTI posted that pdf statement on their news. BUT she didn't know that the 'hackers' published the personal information online (dark web). This got her scared so she very quickly posted on her whatsapp group (MTI people) and someone in there replied to her with

"Why does this anonymous person (me) not want to make his name public. He will probably be taken on as Cherie said. Rest assured MTI is going to make a big difference in many people's lives."

These morons, I didn't even know my conversation with my Aunt was forwarded to other people. they can tsek.

anyways...

Luckily after giving my Aunt a few more bits of information. She quickly started te get cold feet. Hopefully, this will make her change her mind.
 

justreading

Well-Known Member
Joined
Aug 7, 2020
Messages
250
Tr
Judging by the initial discrepancies its pretty clear that Cheri is lying about the hacker being "Known" and arrested.

Problem when trying to argue with an compulsive liar is she will drag you down to her level and beat you with experience
So true what you are saying here and yes they will do all to discredit them. This is a 100% repeat of BTCG. They using the members to fight for them on the groups. What they do is take a article link post it in a group and get the members to fight on their behalf.
 

warrenpridgeon

Senior Member
Joined
Oct 5, 2015
Messages
915
Luckily after giving my Aunt a few more bits of information. She quickly started te get cold feet. Hopefully, this will make her change her mind.

I hope she does get cold feet and *STAYS* out... MTI is very proud of being able to reel "investors" back in after they withdraw because of warnings from regulators and such.

Many people I've spoken to say stuff like
"I can afford to lose what I've left in"
"I only put a little in"
"I've got my capital back"
So they see it as just a "risk", however when this falls apart they will actually have been breaking the law and helping a ponzi continue. Many also leave the minimum in and keep telling their downlines "everything is fine" so they can keep getting binary and p1/p2 bonuses... These are a special kind of evil... You will find them fighting and screaming on all the negative threads about how amazeballs MTI is.
 

Venator

Expert Member
Joined
Aug 7, 2020
Messages
1,599
do not waste your time on this
"head-of-communications-HUGGING"
"I-failed-maths-in-grade-R"
lost case

Oh I can fairly quickly see if someone's reasoning ability is up to scratch or not. Nevertheless, I still reply just in case someone else might read the rebuttal and appreciate the argument.

I'm still amazed at how paranoid people are. Like, they genuinely seem to think that I/we have some deep desire to see them fail and not make any money. It's as though it doesn't even for a moment cross their minds that it's actually the complete opposite - we in fact DON'T want to see them fail and we DON'T want to see them lose money.

Oh well.
 
Status
Not open for further replies.
Top