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  1. #1
    Kiesa-'s Avatar
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    Shit just got real?

    www.mpgh.net/forum/showthread.php?p=12033786

    Was looking at this thread every single day for the past 2 weeks.

    finally happened

    thankfully wasn't dumb enough to join in.

    invisible in skype rn

  2. #2
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    Saw it coming from miles away and I have an eyesight of -2. People who fall for it.. Well, let's just say they won't again.
    Need a custom image title? Check out my thread





  3. #3
    Kiesa-'s Avatar
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    Quote Originally Posted by Snake View Post
    Saw it coming from miles away and I have an eyesight of -2. People who fall for it.. Well, let's just say they won't again.
    most people almost always fall for the 2nd time, for they tend to forget to learn from the past

  4. #4
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    yeah i was also scared in taking part lol....
    Selling cheap Spotfiy/Hulu/WWE/Fitbit accounts
    PM, accounts as low as 0.2$

  5. #5
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    My eyesight is -6 and I saw this coming, lmfao.

  6. #6
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    who the fuck didn't see this coming ?

  7. #7
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    Quote Originally Posted by ultrawtf View Post
    who the fuck didn't see this coming ?
    Those who 'invested' hundreds of dollars XD
    Those fellas just paid for this guy's college fund, or atleast contributed a decent amount to him
    Maybe the people who used PayPal and got their money should chargeback once he's banned

  8. #8
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    Call me stupid, I see it's a ponzi scheme but wikipedia does a shit job at explaining it simply (duh.)

    He would say he could get your money back, by taking the money from other people when they invested? Is this the right interpretation?



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  9. #9
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    Have seen this on other Forums with the same method. Get people to pay you; you cash the others out with that money until you´ve made a certain amount of money of it and the seller is gone. This ´ponzi/scheme´ happens on a lot of cloud mining websites as well.
    Last edited by Space; 09-09-2016 at 02:16 PM.

  10. #10
    Kiesa-'s Avatar
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    Quote Originally Posted by Mitya View Post
    Call me stupid, I see it's a ponzi scheme but wikipedia does a shit job at explaining it simply (duh.)

    He would say he could get your money back, by taking the money from other people when they invested? Is this the right interpretation?
    He's probably not doing well with his gambling strategies, needed another way to make money.

    Honestly this could turn out to be a great service, and he can actually make money out of this.

    Seeing it going this way, he's probably doing this to fund something.

    at least $5,000 if not more of people's money in his hands rn

  11. #11
    Space's Avatar
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    Quote Originally Posted by Kiesa- View Post
    He's probably not doing well with his gambling strategies, needed another way to make money.

    Honestly this could turn out to be a great service, and he can actually make money out of this.

    Seeing it going this way, he's probably doing this to fund something.

    at least $5,000 if not more of people's money in his hands rn
    I will bet that the clients will not get their money back.

  12. #12
    Kiesa-'s Avatar
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    Quote Originally Posted by Space View Post
    I will bet that the clients will not get their money back.
    There's no reason he would give back the money, just can't find one.

  13. #13
    Space's Avatar
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    Quote Originally Posted by Kiesa- View Post
    There's no reason he would give back the money, just can't find one.
    There is one. MasterYoda71 seems to be making a lot of profit from his betting services. If he decides to scam people, he will get banned which means he will not get any income stream again from MPGH.

  14. #14
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    Quote Originally Posted by Mitya View Post
    Call me stupid, I see it's a ponzi scheme but wikipedia does a shit job at explaining it simply (duh.)

    He would say he could get your money back, by taking the money from other people when they invested? Is this the right interpretation?
    Not sure if you were asking what a ponzi scheme is but let's see if my explanation can help you understand how it works:

    I'm a seller. I tell people to invest into me and I'll get them their money back and then some. How do I do it? Well let's say the first 3 people all invest $100. The next 3 people all invest $200. That's a total of ($300) + ($600). I pay back the first three investors with the money the next three paid me and pocket the rest. Rinse and repeat.

    Eventually, Ponzi schemes collapse on themselves as there's not enough money to pay back the investors and this is typically where the seller actually hits their peak.
    Last edited by Psychotic; 09-09-2016 at 02:38 PM.

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  15. The Following 6 Users Say Thank You to Psychotic For This Useful Post:

    [MPGH]Ace (09-10-2016),Kiesa- (09-09-2016),[MPGH]Lightning (09-09-2016),Mitya (09-10-2016),Raple (09-10-2016),Space (09-09-2016)

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    Even the best men fall to greed.

    New SE'rs come and go. Yoda is a similar story.
    We all knew it was too good to be true.

     


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