Mirror Trading International

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Spxdxrbxtxs

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Oct 2, 2020
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I have a bit of time to contribute but not much knowledge except what came from this thread, and my own skepticism.

Would there be value in maintaining a list of MTI's claims, vs some logic?

e.g.
  • MTI claims all the bitcoin is in cold storage and brokers offer credit for training.
    • But no broker in their right minds would do that, as they expose themselves to an insane amount of risk.
  • MTI claims that several (unregulated) brokers are used, for "diversification"?
    • But their so-called "live" trading video appears to show a single account with their entire claimed bitcoin holdings, which would refute this claim.
  • MTI claims that they have exclusive access to a proprietary bot which shows consistent daily returns.
    • Anyone with experience of trading knows that such consistent positive returns are essentially impossible.
    • The creator of such a bot would hardly need to share it with anyone else, they could become rich by themselves.
    • Even if such a bot existed, with the extent of MTI's claimed assets under management, consistent returns would be impossible because they would move the market. There would be no one to take the other side of the trade in order for MTI's bot to actually make a profit.

I'd need help maintaining the list though, because my own knowledge of trading and cryptocurrencies is somewhat superficial at best.
I have zero knowledge and only what I got on here and Google (lots of Google to double check).
Find screenshots to back up the claims - this thread is full of them - and then post those alongside any relevant legislation and/or basic calculations and news article quotes.
 

w1z4rd

Karmic Sangoma
Joined
Jan 17, 2005
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"Security Token did not match. Possible CSRF attack. " when updating the Wiki. Who is running it?
How do I replicate this error?

Other info:

" The likely reason for having this CSRF error is that your browser is not sending back the DokuWiki session cookie - called "DokuWiki". As a result, DokuWiki is creating a new session for you with each request. "

So make sure you have cookies enabled and are using https://
 
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Tman*

Executive Member
Joined
Jul 18, 2012
Messages
5,500
I have a bit of time to contribute but not much knowledge except what came from this thread, and my own skepticism.

Would there be value in maintaining a list of MTI's claims, vs some logic?

e.g.
  • MTI claims all the bitcoin is in cold storage and brokers offer credit for training.
    • But no broker in their right minds would do that, as they expose themselves to an insane amount of risk.
  • MTI claims that several (unregulated) brokers are used, for "diversification"?
    • But their so-called "live" trading video appears to show a single account with their entire claimed bitcoin holdings, which would refute this claim.
  • MTI claims that they have exclusive access to a proprietary bot which shows consistent daily returns.
    • Anyone with experience of trading knows that such consistent positive returns are essentially impossible.
    • The creator of such a bot would hardly need to share it with anyone else, they could become rich by themselves.
    • Even if such a bot existed, with the extent of MTI's claimed assets under management, consistent returns would be impossible because they would move the market. There would be no one to take the other side of the trade in order for MTI's bot to actually make a profit.

I'd need help maintaining the list though, because my own knowledge of trading and cryptocurrencies is somewhat superficial at best.
Please add to wiki.
 

John Tempus

Executive Member
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Aug 8, 2017
Messages
6,121
Just go and host the wiki behind a free cloudflare account. Will take care of all the security tweaking admin work.

On cloudflare WAP setting just enable all the available security options and WASP features.
 

adslrouter

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Joined
Apr 16, 2016
Messages
355
we have a new kid on the blockchain, it seems.......on my fb feed this morning.

bigger, better, faster than btc - then I stopped the video - will check it out over the weekend


 

w1z4rd

Karmic Sangoma
Joined
Jan 17, 2005
Messages
49,747
Just go and host the wiki behind a free cloudflare account. Will take care of all the security tweaking admin work.

On cloudflare WAP setting just enable all the available security options and WASP features.
Its already on Cloudflare.
 

John Tempus

Executive Member
Joined
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we have a new kid on the blockchain, it seems.......on my fb feed this morning.

bigger, better, faster than btc - then I stopped the video - will check it out over the weekend



Orsom.

Tron, a coin started by a scammer and now promoted by new scammers in order to make you a Tronionaire.

I still dont understand how Tron is surviving and somewhat thriving considering all the bs the guy who launched it have pulled since the start of the coin.
 

InvisibleMan1

Active Member
Joined
Aug 6, 2020
Messages
70
Compulsory KYC is for them to crack down on people getting involved and them speaking out.

Reminds me scientology, collect as much info on members in case they ever decide to get out and expose it then use that information as a threat.

Maybe just maybe this will be a wake up call and people who tried to make money from this scam will actually pull out since it would be the biggest mistake giving any personal information to these con artists.

MTI will probably end up selling the KYC information on the darkweb, there is a huge market for up to date personal information.
The KYC is all smoke and mirrors. They will delete the docs, in most cases unseen. Why FICA anyone when there is no regulatory body or regulated broker. Oh, and they don't care about duplicate accounts! Loads of scams have used KYC as a way to look legit.

Clearly, most people fail to grasp just how dishonest the Ward/Marks/Steynburg clan really are. MTI is on a huge recruitment drive as they need new money. I shake my head in disbelief at those who still contemplate whether anything the owners/directors are doing is legit. Please, these people are scum! MTI is straight-up THEFT!
 

expedite

Senior Member
Joined
Apr 16, 2015
Messages
666
The KYC is all smoke and mirrors. They will delete the docs, in most cases unseen. Why FICA anyone when there is no regulatory body or regulated broker. Oh, and they don't care about duplicate accounts! Loads of scams have used KYC as a way to look legit.

Clearly, most people fail to grasp just how dishonest the Ward/Marks/Steynburg clan really are. MTI is on a huge recruitment drive as they need new money. I shake my head in disbelief at those who still contemplate whether anything the owners/directors are doing is legit. Please, these people are scum! MTI is straight-up THEFT!
Last Friday I spent the evening socially with a friend (who I have repeatedly told it is all bs. ) and two things came to light; firstly he claims to have seen the trading in action in Stellenbosch. I lied and told him I have seen the exact same thing concocted. Secondly he very clearly believes that there is real trading and that my misgivings are absurd. We then agreed to not mention the subject again.
 

newby_investor

Expert Member
Joined
Aug 8, 2018
Messages
4,322
Last Friday I spent the evening socially with a friend (who I have repeatedly told it is all bs. ) and two things came to light; firstly he claims to have seen the trading in action in Stellenbosch. I lied and told him I have seen the exact same thing concocted. Secondly he very clearly believes that there is real trading and that my misgivings are absurd. We then agreed to not mention the subject again.
This is basically my experience as well.
 

warrenpridgeon

Senior Member
Joined
Oct 5, 2015
Messages
915
Once people get money out of this, they listen to nobody.
Greed of money, let them lose it all for all I care.

That's what some people call doodillgents... The dude said my stuff grows and he punched $100+$1 into the calculator, hit enter and said I now have $101. He even gave me the $1 in my hand when I requested it.
Even if you ask the oak for the full $101 at that point and he gives it to you does not mean it's legit... He might have just taken $1 from the dude next to you because that guy only asked for $1 back.

Their DISTINCT LACK of transparency (whilst bleating about how transparent they are) should send anyone with half a brain heading for the hills.
 

D@leW

Well-Known Member
Joined
Aug 11, 2020
Messages
401
Last Friday I spent the evening socially with a friend (who I have repeatedly told it is all bs. ) and two things came to light; firstly he claims to have seen the trading in action in Stellenbosch. I lied and told him I have seen the exact same thing concocted. Secondly he very clearly believes that there is real trading and that my misgivings are absurd. We then agreed to not mention the subject again.
How does one get invited to a live demo in Stellenbosch? I'm really keen to see this bot make a profit day trading BTC with a $50 spread.
 

John Tempus

Executive Member
Joined
Aug 8, 2017
Messages
6,121
Last Friday I spent the evening socially with a friend (who I have repeatedly told it is all bs. ) and two things came to light; firstly he claims to have seen the trading in action in Stellenbosch. I lied and told him I have seen the exact same thing concocted. Secondly he very clearly believes that there is real trading and that my misgivings are absurd. We then agreed to not mention the subject again.

I will tell you what you already know.

Your friend is so deep into the delusional pit that they see an oasis and believe it really happened. They are so deep into this bs that they make up stuff to convinced themself just how real it is.

On the flipside your friend might be a total ret@rd without any idea how real trading works and might have seen something running on a demo account, but I even doubt this.

If your friend is one of the top 20 main scam operators he would know whats going on and pretend its real. If he is outside this tight circle there is no way he ever saw anything at the backend, pure fiction.
 
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