Peer to peer donations

@maxen07 (882)
Philippines
January 18, 2016 6:06am CST
A friend of mine recently introduced me to peer-to-peer donations that's been around since 2009. A lot of people have been getting money from it and it's been around far longer than any high yield investment programs because: a) the admin/founder does not handle any of the money; b) it's only the members who have the access to the funds; c) a new member may request to "provide help" and that individual will be notified by the system if another existing member decides to withdraw or "get help". The new member who wants to provide help will be sent a message where to send payment in form of bitcoins. Those who requested to provide help will still be able to earn either 30% or 100% monthly of the amount they'd provided depending on what account that person registered to. The system only gives 36hrs to transfer the amount to the bitcoin address of the one who requested for a withdrawal. If those contacted failed to send you money/bitcoins in time, their accounts will be banned. So this means it's completely legitimate since it's the people who are willing to provide help and at the same time still profit from it. I've seen the payment proofs and testimonies of the people who benefited from this. A friend who loaned me money in the past got it from this system and it only took one day to process. The largest amount I've seen yet is around Php750,000 or $15,700USD. This is because the members are from all over the world and if a member decides to withdraw a large amount, several new members who requested to provide help are contacted so that they'll be able to send bitcoins to the bitcoin address of the one who requested for a withdrawal. I'm still going to study it a little and find out of it's sustainable but for a Russian-based program like this to stay strong and operational for 6 years, it's been doing a heck of a great job. I'll register under my friend as soon as I have the money to put in there. You can leave $10 worth of bitcoins there, earn 100% per month, compound and don't touch for a year and you'll have...? You do the math.
2 people like this
6 responses
@louievill (28851)
• Philippines
18 Jan 16
I'm weary of any site that asks for money to make money. sorry but that's me
1 person likes this
@cherriefic (10400)
• Philippines
18 Jan 16
You have to really think over it and investigate further. These kind of investments are too risky especially if you are in need, you may want to get a rest from all these investing online for now.
@maxen07 (882)
• Philippines
18 Jan 16
If you've heard of MMM Philippines or MMM Global, that's what I'm referring to :))
@cherriefic (10400)
• Philippines
18 Jan 16
@maxen07 No I haven't heard of it.
@mammots (3209)
• Philippines
19 Jan 16
Its good that your doing some research about this site before signing up. Its best to know everything about any business ventures you want to go into most especially business done through the internet.
• Philippines
18 Jan 16
I don't trust them. not one bit, not every one is good with entrusting with some one elses money that they may run away with it. i'd rather save my own, with that im sure my money will go some where even if it's not big. or just put it in bank deposit, i won't take that risk, too dangerous for me. i mean, it's less dangerous than multilevel marketing, but still cannot be trusted.
@amnabas (13742)
• Karachi, Pakistan
18 Jan 16
These activities must be done with utter concentration.
@shshiju (10342)
• Cochin, India
18 Jan 16
Is that like money chain?