Mirror Trading International

[IndigoIdentity]

After reading this thread, I went about doing a bit of research. I did my due diligence and was actually quite impressed. All the members receive daily feedback of trades done for the day, which is almost 1000 a day. Each trade has a time stamp of exactly what was traded against what and the actual time of trading. As a trader I was also quite impressed to see that they had low risk stop losses in place and that they have not had a minus day in over 8 months. The daily gains vary and are not huge. Seems around half a percent a day which is very realistic in the Trading world. They also have quite a few attorneys that are members. I also reached out to several people who were already on the platform and they had all been able to withdraw their money with relative ease when required.

Yah this is pretty much what i've noticed too around half a percent daily and have not seen a loss in 160+ days.

 

[Bewlen]

Can all you new-member-scammers please stop trying to punt this. Its a scam. Just stop.

 

[IndigoIdentity]

Can all you new-member-scammers please stop trying to punt this. Its a scam. Just stop.

I actually noticed now that I quoted a first poster

Reading this again, it seems Bra Thibos is pretty good at writing marketing styled comments yeah... Suspiciously so.

Legit question though: At which point does this business become a scam? At this stage and as far as I can see they have done nothing wrong, what they advertise and provide appears to be a valid service. That said, i'm legitimately wondering at which point things might / would / may possibly turn into a situation that is other than that?

Does anyone that isn't a parrot or a shill have any actual information on this or?

 

[Bewlen]

I actually noticed now that I quoted a first poster

Reading this again, it seems Bra Thibos is pretty good at writing marketing styled comments yeah... Suspiciously so.

Legit question though: At which point does this business become a scam? At this stage and as far as I can see they have done nothing wrong, what they advertise and provide appears to be a valid service. That said, i'm legitimately wondering at which point things might / would / may possibly turn into a situation that is other than that?

Does anyone that isn't a parrot or a shill have any actual information on this or?

Right about here (a quote from their website)

At this point the trading is realizing a profit of about *10% a month, but this is a conservative quote and in reality the profits may be higher "

Classic ponzi. Hey, if you enjoy losing money, go ahead. legitimately, nothing stops you from giving them your money. Intelligence should, but hey...

 

[ld13]

Legit question though: At which point does this business become a scam?

One cannot get these returns, in any market, consistently. Ever. Finish, klaar, oor en verby.

On their facebook page they further claim,
We make use of scalping, an advanced form of trading technology to give our members consistent daily returns. The average daily return since the implementation of our new trading software has been 0,5% per day.

Using the more conservative 0.5%, your $100 can in other words turn into $365 within a span of 1 year, given 260 active trading days (52 weeks x 5 days per week)? Crazy. Absolutely crazy.

That begs the question, why are they sharing this with everyone if it is 'so' profitable? Why not simply enrich themselves?

I can currently get a personal loan from ABSA, as per my internet banking page, of about R348 000. Investing that whole amount in the above ponzi scheme, using the same 260 days, and subtracting the monthly repayments, I land up with a nice little profit of ~R515 380. Half a million without doing anything?

Taking another loan, adding that profit, I land up with a total, after the continuous repayments of the loan, of:
R 1 127 561 after year 2.
R 3 366 570 after year 3.
R 11 555 590 after year 4. One can probably retire at this stage?
R 41 506 359 after year 5.
R151 049 209 after year 6. etc

Between year 14 and 15 you will probably hit South Africa's GDP.

They claim to be using scalping. To make money using scalping (small price arbitrage) you need to 'win' more than you lose, and while that is possible, you hemorrhage a lot of that profit due to fees, commissions and brokerage fees.

Them using new deposits to feed existing 'investments' is far more likely.

LOL @ the word due diligence being thrown around. This pops up all over the place when I merely glance at this ponzi. Has the ponzi ever revealed where the bitcoin is stored? Ever shown a verifiable transaction? Who is the brokerage firm/platform?

Anything other than a pretty website with terms that borders on being draconian?

 

[Bewlen]

This is simple. When the money suddenly disappears, there is no recourse.

None.

You are now simply doubling down on exorbitant claims. This "company" is not FAIS registered. This is stupid. Just stop.

 

[John Tempus]

Dont be fooled by all the people here asking "If these scammers are legit" , they are doing their counter intelligence marketing this way. Turning the oddball sceptic just asking questions in here into a believer who then will go on claiming they took the plunge and is now making BIG BANK.

It is a weird approach but ive seen the same tactics on bitcointalk forum with the entire goal to potentially lure forum readers who first notice someone asking questions that seems legit who then turns into someone who ended up joining and just how great it is for them all of a sudden.

 

[John Tempus]

How will the money disappear ? There is no money its all in Bitcoin and the Bitcoin is in Cold Storage held by the regulated Forex Broker and not by MTI - Why must they be registered with FAIS (Whatever FAIS is) MTI is registered in South Africa so the authoritative body is FSCA and they do not need to be registered with the FSCA because they are not accepting anyones bank transfer or credit card deposits - Bitcoin in and Bitcoin out so for as long as this option is not regulated it is totally legal. When this changes the company will make the necessary changes.

HAAAAAHAHA can smell a shill for this scam a continent away. The fact you registered on this forum only to ever post in this thread is just hilarious. How much does that fat sack of **** Johan pay you or might you be so deep down the "investment" rabbit hole that you need to find an outlet echo chamber for your own remaining sanity ?

I really had a good laugh at your claim about statements and trades per day. Most definitely no other ponzi/pyramid scheme in the past ever manufactured fake numbers. Hey I guess if Mr. Honest multi billion ponzi scheme Bernie Madoff could do it then a 10cent Johan could also get away with it and have people like you believe the bullsh!t statements.

Keep at it.

PS. bitCONnect was also registered, oneCON was also registered. It does not take a rocket scientist to pretend to have a legit registered company and the requirements to do this is just about nil.

 

[John Tempus]

I would have thought this thread was to find truth ? Or is it just to shoot the messenger ? Good luck with your ventures guys cheers and take care

You are not trying to find truth. You are shilling here with absolute BS statements that is bordering insanity. You are simply in this thread and simply registered on this forum to shill for this obvious ponzi/pyramid company.

They do not trade, they simply shuffle funds from Pete and Paul to pay Adam. As soon as the Pete's and Paul's dry up this will 100% guaranteed fail and as it seems you are invested in this will end up with Zilts Bucks to go buy toilet paper.

 

[Bewlen]

How will the money disappear ? There is no money its all in Bitcoin and the Bitcoin is in Cold Storage held by the regulated Forex Broker and not by MTI - Why must they be registered with FAIS (Whatever FAIS is) MTI is registered in South Africa so the authoritative body is FSCA and they do not need to be registered with the FSCA because they are not accepting anyones bank transfer or credit card deposits - Bitcoin in and Bitcoin out so for as long as this option is not regulated it is totally legal. When this changes the company will make the necessary changes.

FAIS are those guys regulating the financial industry and protecting investors from scams. The fact that you don't know this speaks volumes!

Plainly put: you are a scammer trying to lure people into a scam. This is your only function. Go away.

 

[John Tempus]

I understand you may be skeptical but you have no idea what you talking about - you like someone who's trying to teach another who has zero education on the matter - its so clear that you are commenting from a totally ignorant position - really get a life and do your own due diligence the way it should be done THEN and only THEN can you give people an educated answer - right now you shooting in the dark buddy

Im not sceptical at all. Being sceptical means I dont know the facts and the hilarious thing is that I do know the facts of how Fat Johan is running this show.

It is the same as his previous ponzi/pyramid/MLM/HYIP scam(s) he operated.

Lovely of him to take those certificate of attendance photos with clearly people who couldn't really afford to be involved in his get rich quick scams.

Please go dust a different cupboard because your amateurish attempt of discrediting me by endorsing this scam is hilarious.

No one on this forum will get involved in your scam that you are shilling. I won't be surprised if you are Fat Johan posting because it seems with each reply you reverb more emotion than before.

Get back in your scam hole, see you when this entire thing implodes and Fat Johan launches his next SuperDuperInvestment scam.

I dare Johan(you might even be Johan, right?) to come to this thread and discuss trading with me one on one. I will dismantle him with just one post for the conman he is. If I had to guess he probably never even made a single trade himself and if he did it would be one big impressive feat.

 

[PsyWulf]

There is no money its all in Bitcoin and the Bitcoin is in Cold Storage held by the regulated Forex Broker

Since Bitcoins hold no value by your own admission now you can't be making any money from it either correct? Or do they hold value and you'd like to take a step back from tooting that horn

This will be the exact excuse when the fundscoins are pulled in an exit scam when you run out of patsies to recruit,can't steal what doesn't exist

Ps. still waiting for those audited financials

 

[Tman*]

is this scam still going?

Bitconeeeeeeect

 

[Snyper564]

is this scam still going?

Bitconeeeeeeect

In addition to this we should add AMFEIX I am seeing their billboards all over the place and there is lots of info surrounding their scammy actitivites s just thought it's weird that their billboards are on jhb pta highways

 

[The Abyss]

Hello Everyone,

Thank you for all taking any time on here at all…

My concerns after watching this post now for a while...

1. No formal company representation coming forward to discuss and speak out for the company, rather invested people...

2. Audited financials were requested, though again requested and never even brought up, probably due to the lack of official company representation...

3. As for a tech/finance company or anyone who is actually making money, they would have enough to spend on proper company representation. Not Just members...

Even if it was MLM or any kind of REAL BUSINESS... There would be employed people. That could on behalf of the actual company respond on My Broadband.

Or even further the owner of the company to come forth and speak up with answers to all the questions placed…

It's not my intention to steer any more attention to MTI but it would be nice to have formal representation by the company owners or directors.

@PetCrypto - It appears that you know the owners directly so could you please ask them to join this thread and try to clarify on some of these questions and statements? You Know

I would love to know what they had to say when you mentioned this post to them.

If this cannot happen in a professional manner then I might certainly believe that this is a hoax and that it is completely true what every sceptical or long term forum member has said to me from the start so everyone else reading this should be BE WARNED.

 

[John Tempus]

Just your response calling him Fat Johan shows your character or lack of it should I say - Not worth the time dealing with chaps like yourself so wont waste mine

Cheers

Scammers don't deserve to be treated with dignity so yes he is fat Johan the soon to be prison bird Johan if he keeps up with his year scams.

 

[IndigoIdentity]

Hello Everyone
...

Lol epic

 

[IndigoIdentity]

View attachment 804253

One cannot get these returns, in any market, consistently. Ever. Finish, klaar, oor en verby.

On their facebook page they further claim,
We make use of scalping, an advanced form of trading technology to give our members consistent daily returns. The average daily return since the implementation of our new trading software has been 0,5% per day.

Using the more conservative 0.5%, your $100 can in other words turn into $365 within a span of 1 year, given 260 active trading days (52 weeks x 5 days per week)? Crazy. Absolutely crazy.

That begs the question, why are they sharing this with everyone if it is 'so' profitable? Why not simply enrich themselves?

I can currently get a personal loan from ABSA, as per my internet banking page, of about R348 000. Investing that whole amount in the above ponzi scheme, using the same 260 days, and subtracting the monthly repayments, I land up with a nice little profit of ~R515 380. Half a million without doing anything?

Taking another loan, adding that profit, I land up with a total, after the continuous repayments of the loan, of:
R 1 127 561 after year 2.
R 3 366 570 after year 3.
R 11 555 590 after year 4. One can probably retire at this stage?
R 41 506 359 after year 5.
R151 049 209 after year 6. etc

Between year 14 and 15 you will probably hit South Africa's GDP.

They claim to be using scalping. To make money using scalping (small price arbitrage) you need to 'win' more than you lose, and while that is possible, you hemorrhage a lot of that profit due to fees, commissions and brokerage fees.

Them using new deposits to feed existing 'investments' is far more likely.

LOL @ the word due diligence being thrown around. This pops up all over the place when I merely glance at this ponzi. Has the ponzi ever revealed where the bitcoin is stored? Ever shown a verifiable transaction? Who is the brokerage firm/platform?

Anything other than a pretty website with terms that borders on being draconian?

I nearly cried of laughter whilst reading this, thanks for your honest and logical input.

 

[IndigoIdentity]

I wish the guys on this thread would do a proper due diligence before shooting something down that is actually real.

Although I still can't really take what you have to say seriously due to your affiliation with the company, I feel your frustration here on this bit...

It would be nice to have an open and constructive conversation about this.

That said, Thanks Peter? Appreciate that you have stuck yourself on the line here to try and provide some input on things.

 

[IndigoIdentity]

Scammers don't deserve to be treated with dignity so yes he is fat Johan the soon to be prison bird Johan if he keeps up with his year scams.

As much as I appreciate your input, I think it would be best to familiarize yourself with the forum rules as I an not sure that @rpm would be very appreciative of this sort of behavior.

I would also like to see some input from the parties involved and I think it's important that this thread is here for people to see so i'd hate to see it locked or removed due to defamatory remarks being made.

Could we please try to be a bit more civil here?