New "YMMSS" Sub-Forum Added

[MatrixWatch]

We have created a sub-forum for discussion on the YMMSS phenomena. Here is the direct link (http://www.matrixwatch.org/forums/forumdisplay.php?f=84) to the forum so that you can link people on other forums here. Otherwise, the sub-forum is located at:

Matrix Watch Forums ---> Other Internet "Scams" Forum ---> "YMMSS"

YMMSS, which stands for "Your Money Machine Sucess System", is the newest endless-list scheme sweeping the internet, and they have reportedly paid out over $75 million already. So if they are paying out, then what is the problem? Well, any scheme which soley relies upon the investments of later investors to pay off present investors is bound to get too big, and eventually collapse in on itself--and YMMSS is approaching this point very rapidly. Now, can YMMSS sustain their growth by supplementing their income with other avenues of cash flow such as investments, "auto-cycle" programs, or by reinvesting their profits? Actually, no. The architects of the "matrix scam" (see info (http://www.matrixwatch.org/modules.php?name=FAQ&myfaq=yes&id_cat=6&s=) ) tried to do this and they soon found that while it sounded good in theory, it will never last in reality. The whole idea of sustaining the growth of YMMSS through other streams of income in order to make up for the lower number of new signups becomes nothing more than a sales pitch to get people to sign up without a worry.

So, if you are a current customer of YMMSS and you want to get out, or if you are thinking about sending them some money to new signup, be sure to read through the posts here in this forum. We guarantee that with some wisdom on the subject you will decide to put your money elsewhere.

[surfer]

Well, it's nice to have the threads in one place. Thanks. :)

[homeworker]

just to answer a few questions from the old thread:

Thank you homeworker for posting that info.

Sorry for the difficult situation you're in and hopefully
you don't have too much invested(yes, we can use
that word here ) if they decide to terminate your
membership.

no we cant use the word invest, i bought ads and partnered with a company that pays me income for the rest of my life. LOL.
Yes, people INVEST in YMMSS. and i invested excactly enough to pay off my debts when i cycle. (stupid stupid me). wel their IS actually something doubling at my place.... my debts ;)

Judging from the time you arrived as a guest on their
forums, it looks like you might actually cycle in the next
2-3 months. What is your current EPC cycle date set
at?

my first epc's are at a cycle date excactly 30 days from now. so that would be about half a year in real time? the bigger positions or taking even longer. oh oh... not good :shake:

Did something else happen to change your thinking since
October/November when you joined? You came on board
criticizing the critics and are now becoming one. Ironic,
eh?

yeah it is ironic. you know, the thing is this: I WANTED to believe. i defenitly wanted. so at that point you read the critics comments and you starting to see they make mistakes. i saw a critic posting that you can not take your money out before the $640
so then i start thinking: yes see, those people dont know how its working, they are wrong. but in the end it doesnt mather if you can or can not take your money out earlier. a matrix is a matrix, a ponzi is a ponzi.

When i joined i also thought: this cant be truh, it will collapse at some point. But because you WANT to believe you are seeing every mistake from the critics and you are thinking about every option why the idea actually makes sence. i spend hours waking at night thinking about YMMSS. but now i see i only thought of every possibility why it would succeed. failure is not an option because you dont want to.

hehe, isnt it even more ironic to know i spend hours and hours awake at night thinking why it would succeed? I mean if this is a succes story then why did i need so much time to find one single reason why it would work.....
You only see what you want to see. oh boy, a statement wich is so right.

and then i came at matrixwatch and read the discussion from surfer and dreamer. i read other critics before but the way surfer and dreamer handled the topic i just found eye opening (and extremely funny).
i had fun reading their comments and the whole thread. i went to bed with a big smile that night and i never spend a waking hour since that day thinking why YMMSS would succeed!

The only thing i thought that night was: oh oh oh Peter, how blind could you have been. then it took me about 4 weeks (hey, i still wanted to believe, i mean it was my money they where talking about) to truly understand it will never work. and another 2-4 weeks to accapt that :D

Hopefully, you haven't given up on earning money online.
There are plenty of places online to learn real internet
marketing, most that have nothing to do with MLM and none
of them have to do with HYIPs/doublers, etc. It's not easy,
but it is rewarding.

well actually i have given up. i do want to learn how you can make real money online without all the HYIP and cycler bull. and i now also understand nothing comes without some decent work. i just have no clue where to find that. but i will get back to you on that using PM.

thanks for moving the thread.

i will keep you all informed.

[homeworker]

and like i just added to the thread; signs of closure: their was one update wich made me think YMMSS is going to fail. it was the moment Kim needed to adress how much money they paid out. it was december 2004:

WOW! we paid out 64.000.000 in commisions!

this was actually the sentence which made it clear to me YMMSS is going straight where all the other doublers went.... an early grave. other doublers took a few months, YMMSS took a few years.... the result is the same. from all the doublers i have been in i saw that the moment the owners are saying they paid out huge amount of money is also the moment things are going wrong. YMMSS will be no exception