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Nairaland Forum / Nairaland / General / Investment / MMM Blocks Withdrawal Of Funds For One Month! (129357 Views)
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MMM Blocks Withdrawal Of Funds For One Month! by Appdriod: 1:26am On Dec 13, 2016 |
This message appears on every participant of MMM as they log into their PO One-Month Freezing of Confirmed Mavros Mavros are the unit of pseudo-currency used by participants. (Mavro is shown below in the MMM Android app) Mavro, while in the system, grows at a rate of 30%. A confirmed Mavro refers to a pledged amount (Provide Help) that has been redeemed (Paid to another participant). Frozen Mavro is not an alien term in the Mavrodian (what Participants of MMM fondly call themselves) circle. Mavros after being confirmed stay frozen for certain period of time, until it's release date (usually less than 3 weeks). In a recent Christmas promo launched by the website, additional 20% accrued bonus was added to all who made pledges, this led a lot of faithful Mavrodians to make pledges. They were mostly matched to pay their pledge faster than usual. It is unclear if during this mandatory 30days of being frozen, whether frozen Mavro will grow. All things being equal, some of the implications of this would include: 1. No participant can get help (withdraw the already paid money) until January 12th 2017. 2. Due to number 1 above, no participant can Provide Help (pay money) since no one gets paid till January 12th 2017. The news broke at 1am Tuesday morning, a day always anticipated by Mavrodians as Mavro Day, since Mavros grow on Tuesdays and Thursdays. Hence many participants wait till Tuesday morning before asking to Get Help (make withdrawal). It's been claimed by participants that the same scenario played out in December 2015, hence they are calm assuring every member that it is not a crash landing. 14 Likes 8 Shares
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Re: MMM Blocks Withdrawal Of Funds For One Month! by juliuscapps(m): 1:31am On Dec 13, 2016 |
This is serious!!! 2 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by chyzoo4u(m): 1:32am On Dec 13, 2016 |
No need to panic, things will normalize by January 2017 201 Likes 12 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Benoxvals(m): 1:32am On Dec 13, 2016 |
This will even cause more panic..anyway,there are warnings that this day will come. 35 Likes 3 Shares
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Re: MMM Blocks Withdrawal Of Funds For One Month! by Moblord(m): 1:35am On Dec 13, 2016 |
Let's not create panic among participants 76 Likes 4 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Chukzyfcb(m): 1:35am On Dec 13, 2016 |
and today na my last day to complete 30days #seems there is light at the end of the tunnel o 283 Likes 9 Shares
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Re: MMM Blocks Withdrawal Of Funds For One Month! by PESSOoo: 1:38am On Dec 13, 2016 |
#BeginningOfTheEND!!! 90 Likes 5 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by juliuscapps(m): 1:39am On Dec 13, 2016 |
Panic is already created by this! Moblord: 104 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by bigtalla(m): 1:40am On Dec 13, 2016 |
Mavrodi, Mavrodi, Mavrodi... how many times did I call your name? 139 Likes 3 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Gwilld(m): 1:42am On Dec 13, 2016 |
Warris this.... I am panicking o... My money o... Xmas.. Ehhhh! Sombori help me ooooooo.... ![]() ![]() ![]() ![]() Someone has uploaded a fake teller.. Sergei Mavrodi where are you. ![]() ![]() ![]() ![]() ![]() ![]() 95 Likes 4 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Moblord(m): 1:44am On Dec 13, 2016 |
juliuscapps:Nobody loses money in MMM. This will only affect some people's plan. even PH orders can't be matched since no gh 68 Likes 5 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by FOLYKAZE(m): 1:46am On Dec 13, 2016 |
Moblord: The media will twist this out. Panic starts tomorrow morning and believe you mean, they might not be able to come back again 156 Likes 3 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Moblord(m): 1:50am On Dec 13, 2016 |
FOLYKAZE:yeah that's what the media wants If the participants panic and stop providing help, they got us. But if we refuse to panic, they lose. 100 Likes 2 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by CisconAvenger: 1:52am On Dec 13, 2016 |
FOLYKAZE: This was a very stupid move. 2 weeks to Christmas! They should have just extended the payments by one week but pay those whose money have stayed 30days. tomorrow will be crazy. 59 Likes 2 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Appdriod: 1:53am On Dec 13, 2016 |
FOLYKAZE: Am afraid the GH volume was overwhelming the PH volume and there was need to put a hold on the GH volume to free the GH queue 11 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Chekitaut: 1:54am On Dec 13, 2016 |
200 Likes 8 Shares
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Re: MMM Blocks Withdrawal Of Funds For One Month! by Aceskay(m): 1:55am On Dec 13, 2016 |
Moblord: Dis is serious cos I'm suppose to GH dis week as my money has grown reach 1month. 11 Likes |
Re: MMM Blocks Withdrawal Of Funds For One Month! by futureenergy: 1:56am On Dec 13, 2016 |
MMM has just made the best decision. I advised one of the guiders to suggest MMM should be on standby from 10th of December. Like they read my mind. Very Good!!! Before we crash this thing with our Christmas mentality. 214 Likes 14 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by gook: 1:57am On Dec 13, 2016 |
So this means what actually? One month from today or one month instead of 2 weeks freezing? 4 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Chukzyfcb(m): 1:58am On Dec 13, 2016 |
Mmm put a pause mode so that those getting help can calm down, while they hope more money comes in inform of pH. will this work? I doubt. because the panic that will set alone. will make every old and new participant dread Mmm. even their current Xmas bonus will not be strong to bring in new customers. I am so bleeped! 23 Likes 2 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by futureenergy: 1:58am On Dec 13, 2016 |
CisconAvenger: It is a wise move. This 2 weeks to Xmas everybody will take their money, no one ready to put in. Intelligence 20 Likes 2 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by CisconAvenger: 1:59am On Dec 13, 2016 |
Am sure your money no dey there.. What sense does it make to freeze Marvos that have already stayed 30days? futureenergy: 30 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by FOLYKAZE(m): 2:00am On Dec 13, 2016 |
Appdriod: No one is asking them not to pause mavro gh but they should have come clean. I saw it on their twitter that there would be gh pause during the christmas and new year period. Fee days ago, the admin announced that there wont be any pause and encourage members to participate. They enticed people with 20usd bonus. And now the story has changed. The media is going to hijack everything. I believe they are very intelligent and know what will come their way. So they choose the media and Nigerians to do the killing by themselves. We will not blame them. People will point accusing finger on the media and government whike they run away 96 Likes 5 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by tikkykay: 2:02am On Dec 13, 2016 |
Moblord:True tho buh if dem match u...u go pay 8 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Moblord(m): 2:03am On Dec 13, 2016 |
tikkykay:I'm planning to PH by January 11 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by FOLYKAZE(m): 2:03am On Dec 13, 2016 |
Moblord: You are not seeing it. They are taking the blames off their head and now putting it on Christmas, Government and Media 56 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Banks92(m): 2:05am On Dec 13, 2016 |
D panic this will cause will be d end of mmm .who go wan still put dia money later? 8 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by gook: 2:05am On Dec 13, 2016 |
So what happens when everyone GH's same day in a month's time...... cos this move wil only bring about cancellation of PH cos of fear than new ones. It should hav been 1 month replacing the 2 weeks maturity. 29 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by futureenergy: 2:06am On Dec 13, 2016 |
CisconAvenger: Is that what you think? You should know that anyone awake by now and looking for MMM topic must have gone to check Mavro and seen the message. 26 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by CisconAvenger: 2:08am On Dec 13, 2016 |
If I may advice them, the message on the PO is very insufficient and not well composed. They need to redo the message and send their guiders out to do damage control. otherwise, no one will PH again. i would also ask that people provide help of 50% of the help they want to get. And if you provide help above 50% of what you want to GH You will get like 50%, if you provide less than 40% you will get 20% and above 100% will give you 60%. These are the kind of ideas they should come up with to keep the system running, not foolishly freezing marvos. 33 Likes 1 Share |
Re: MMM Blocks Withdrawal Of Funds For One Month! by tikkykay: 2:08am On Dec 13, 2016 |
My sleep come disappear.... What money can do.dis is gonna be bad.d fast pH matching was suspicious... Den the Xmas bonus 1 month release.I had to do impromptu withdrawals on Friday.....and now I won't lie...am trapped too even if its a bit.buh to my family who wanted to GH today....so many mavros...I feel bad for dem already.dis will cause more than panic.can't even sleep... 45 Likes 4 Shares |
Re: MMM Blocks Withdrawal Of Funds For One Month! by Moblord(m): 2:10am On Dec 13, 2016 |
FOLYKAZE:I believe MMM will pass through this. if they passed through December 2015 then they can still pass through this 6 Likes 4 Shares |
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