Scamming the scammers: Bitcoin MLM Ponzi
This is a quick post on how to possibly make small percentage gains from currently paying Bitcoin MLM Ponzi schemes.
This requires your own research, your own calculations and your own risk.
The author of this article is not responsible for your actions or losses.
Requirements: 4 x disposable email addresses
1: you need to find a MLM 3-tier referral ponzi that is paying out (how do you find them? good luck and risk taking - I will not and can't suggest any sites).
2: make sure it allows for early deposit withdrawal (usually at a cost, 5% of your deposit normally).
3: calculate the referral percentage against early deposit withdrawal cost
- Level 1 Referral: 5%
- Level 2 Referral: 3%
- Level 3 Referral: 1%
- Early deposit withdrawal fee: 5%
4: Account 1 sign up, refer account 2 sign up (level 1), refer account 3 from account 2 sign up (level 2), refer account 4 from account 3 (level 3).
5: Deposit in account 4. Then withdraw @ 5% cost.
6: Collect referral commission from account 1, 2 and 3.
- Level 1 refunds your 5% withdrawal cost
- Level 2 makes you 3%
- Level 3 makes you 1%
7: Gain 4% on your original deposit.
I will reiterate this:
This requires your own research, your own calculations and your own risk.
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