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 TriumphFX - TFXI

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aaa_batteries
post Jan 18 2023, 11:41 AM

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QUOTE(Lon3Rang3r00 @ Jan 18 2023, 10:41 AM)
Likewise, reason i ended up losing a huge chunk of saving due to Ponzi scheme which is due to Greed. but luckily you exit quickly and managed to withdraw. Just wanna check.... so you have no issue cashing out the entire fund at 70% loss with no issue? Cause I read here currently they can't make any withdrawal.
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No withdrawal but it’s selling those coins to those who still want to buy, who still believe coin will go to the moon.

Doesn’t involve scammer having to pay anything. It’s trades among victims.

Please take this as a lesson and don’t get too emotional about this experience. Money lost can be earned again. This will make you a wiser person. Don’t get involved in any Ponzi scheme, it will hurt the society as a whole.

Any Ponzi scheme diverts funds from many people to few scammers. They probably move those funds overseas already. Pity those old people who lost their funeral money or wanting to leave some legacies to their descendants.

Scams will continue as long as victims continue to support. Do the right thing.
aaa_batteries
post Jan 18 2023, 12:54 PM

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QUOTE(gashout @ Jan 17 2023, 07:56 PM)
hamsters still say every cycle can still get 2% selling at 30 cent.

WHERE ELSE TO FIND SUCH A GOOD INVESTMENT @ 24%/ yr

smile.gif
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These victims clearly don't understand their own positions. I wouldn't trust them with even one ringgit.

IF (and a big IF) this thing doesn't go south, it will take 8 years to beat EPF. This assumes the price stays at 0.30 for the next 8 years and victims able to sell to other victims. Similar outcome here where scammer doesn't have to pay anything. They just keep printing flashy returns and mint new coins for all victims.

They still think whatever money they have thrown in still there






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aaa_batteries
post Jan 18 2023, 01:54 PM

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QUOTE(CommodoreAmiga @ Jan 18 2023, 01:37 PM)
And with EPF, I just self contribute max early of the year, then rest of the year no need to see until next goes to EPF Dividend thread to kaypoh.

Meanwhile Hamster play pellet game 365 days a year, cannot sleep, wife threaten divorce, children threaten disown, boss threaten fired, friends all ran away from Hamsters trying to recruit....

Unker 365 days sleep and watch Netflix only.
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Unker like us shouldn’t sleep too much 😂 soon we can sleep a lot without having to wake up 😂 but before that we continue to save as many hamsters as possible from the SS (Sc@mmer Scumb@gs).

Have a Happy Happy Happy Chinese New Year 🧧.
aaa_batteries
post Jan 18 2023, 06:55 PM

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I thought they locked up all those selfish IBs and leaders already but price still not going up.

As I suggested just use the daily 10 m to buy up all sell orders, price sure go up. Nah they won’t do it because these scammers don’t want to take out cash, only want to take your cash.

So now apa macam? Continue worship a company that convert all your cash into coins without your consent.

Again, I believe many at breaking point already. There’s nothing much you can do when a Ponzi scheme wants to end liao. It’s also not the end of the world. Take it as a life lesson which making you wiser for the future.

Like lazyboy said he learnt the lesson many years ago when young and lost a bit. Just don’t get into the next one because you will lose a lot more than now.

Go and Google how a Ponzi scheme usually end. You will see the similarities.

Be a force of change by telling others your experience to avoid more victims in the future.


aaa_batteries
post Jan 19 2023, 10:45 AM

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QUOTE(gashout @ Jan 18 2023, 03:10 PM)
Response to the Petition

In response to the recent petition for setting the minimum selling price of TFX at 0.80 USDT, the management has made an official update. Kindly refer below.

The management would like to express our appreciation to all IBs and Leaders over their time for filing the above mentioned petition. While we understand that most clients are frustrated, this petition has shown how voices can be made and addressed constructively and maturely. In regards, do allow us to formally respond to the petition.

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In this earlier post, there's an attachment from IBs and Leaders on a possible approach to allow more transparency and some limited withdrawals. I like the idea, but TFX ignores it completely in its response.

These IBs and Leaders failed to understand that scammer in a Ponzi scheme works on positive cashflows basis: - as long as got money coming in, the game continues.

The suggested approach is great, but it requires scammer to have negative cashflow ... and as we mentioned countless times, scammer will not do that!

Wakey wakey
aaa_batteries
post Jan 19 2023, 06:45 PM

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QUOTE(gashout @ Jan 19 2023, 06:06 PM)
i also dunno why they keep talking about 80 cent

isnt it 1 usd  biggrin.gif  biggrin.gif
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no matter 80 cents or 1

scammer won't release any amount one, can only give scammer money but not the other way round

they may release small amount from time to time to give false hope

I also hope all get their money back but the reality is too painful for most to accept

Some great ideas were presented to TFX but as long as it involves cash outflow, it just not going to happen.

Those who joined more than two years ago and have been withdrawing consistently probably will be more willing to sell.

Those between one and two will be on the fence.

Those who joined less than one year probably will hold.

There will be less and less new investors given current situation, so demand unlikely to be there.

Current price just below 27 cents and need demand to push up but where demand is going to come from?




aaa_batteries
post Jan 19 2023, 07:25 PM

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QUOTE(MUM @ Jan 19 2023, 07:06 PM)
» Click to show Spoiler - click again to hide... «

hmm.gif  innocent.gif
thumbup.gif  yar lor  rclxms.gif

tfxi converted their money at 1:1 rate

now they are happy to get just 0.80....

buta buta lost 0.20 or 20 % of their AUM

they must be buta not to see it

or they are already buta (no eye see liao) .....losing 20% now is much better hope than losing 70% in reality as now.
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I am just amazed at the details of your analysis rclxms.gif

It's all talks and words, with no money coming out of their own pockets. Classic Ponzi Endgame.
aaa_batteries
post Jan 20 2023, 12:10 PM

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Usually when it’s endgame in a Ponzi scheme, there will be one final big push to get as much money as possible, maybe thru a new fantastic FM or a new program. Many things may be promised to drum up supports for the final countdown.

The postponed trip, if true, is not a good sign - they don’t want to spend any money anymore!

This post has been edited by aaa_batteries: Jan 20 2023, 12:18 PM
aaa_batteries
post Jan 20 2023, 12:38 PM

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QUOTE(gashout @ Jan 20 2023, 12:20 PM)
Someone is supporting price level at 0.27 range

I'm watching how long this will go on

More like, HELLO, HOW MUCH DOES YOUR RESERVE HAVE 😂
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Don't discount those staunched supporters who still believe the price will go to the moon.

If I am the scammer, it doesn't cost much to manipulate the supports by buying up and selling immediately by jumping queue since I am in total control of the exchange. Creating transaction volume is not that difficult. Again, everything can be photoshopped laugh.gif
aaa_batteries
post Jan 21 2023, 04:48 PM

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QUOTE(vanguish @ Jan 21 2023, 01:08 PM)
Its not that the company doesn't want to pay the withdrawal at 1:1.

The company does not have all the money in the first place. All these while, the company responsible to generate the story, platform and the fake profits "digits in the system" only.

80-90% of the deposit is made via P2P, upline selling the fake profits to new victims. Net deposit to the company always at around 10-20% only.

When the P2P cannot handle already, the numbers in the system grew too much while actually the number is not backed with money in bank nor LP. Company start to experience negative cash flow, where by they are forced to buy back the fake profits using real money because the P2P cannot digest all volume already.

The company created the TFX coin which has no value to replace the money in system. This TFX is suppose to enable a larger scale of P2P which experiencing bottleneck to process the withdrawal via Upline (close loop) to a Global Loop via TEX.

So, the money is not there in the company, not that the company doesn't want to pay. The company is making effort to promote a globalize P2P for all client to sell the fake profits to new victims more efficiently.

The company business model is provide a platform that generate fake profits and they make around 10-20% gross from the new monthly deposits and 80-90% of the deposit goes to the pocket of the Upline selling the fake profits.

This is typical Ponzi model.
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So the UPLINES are the major winners in this scheme, in terms of amount made. These UPLINES cannot be so ignorant as to the viability of this scheme if they are being paid excessive commission continuously. Even insurance policies have decreasing commission rates, so these UPLINES (with financial, insurance, banking experience, etc) knew from onset that this is a Ponzi scheme, which they are running shamelessly. They are locking their own accounts now to give the perception that they are victims too??? They are probably the main sellers in the exchange now too, despite being locked to squeeze whatever they can!

Very clever scheme .....
aaa_batteries
post Jan 21 2023, 05:40 PM

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https://www.petitions.net/a/387707

New drama ... very weird, even if management says ok, not sure how it's going to work.

What will happen when sell orders at 0.80 and no buy order at 0.80?

This effectively lock-out everyone from trading laugh.gif

This post has been edited by aaa_batteries: Jan 21 2023, 06:10 PM
aaa_batteries
post Jan 21 2023, 07:10 PM

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QUOTE(MUM @ Jan 21 2023, 06:23 PM)
Yar lor,  which normal person would buy at 0.8 when he can buy it at 0.30

Unless they seek to allows "special batch" trading...
Like those big batch lot trading in bursa.
Special agreement between buyers n sellers.
IB sells at 0.8, spouse (proxy account) buys at 0.8
IB empty account, tfxi cannot freeze sell anymore.
Spouse sell at 0.30....(indirectly IB sell at 0.30)
If they do that, is a way for the IBs to escape...
As Now IB cannot sell directly as his account locked from selling even at 0.80 or higher.
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Another trick to get new investors… buy now because you can only sell at 0.8 later 😂

If there is no buyer at 0.8 then all stuck!

At the current rate of discontent, all victims will put in sell order at 0.8 if this goes ahead. Where the demand to buy at 0.8 is going to come from? I don’t know who came up with this brilliant idea 😬.

Based on the proposal, all who want to sell below 0.8 will get frozen out as well. Better dump now before everything comes to a complete halt. 😂

Thanks for another entertaining drama. Never fail to entertain. Keep up the good work.
aaa_batteries
post Jan 22 2023, 08:33 AM

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Any move that compels scammers to have negative cashflow is definitely not going to happen.

This latest suggestion may bring the entire exchange to a halt, with all sellers and no buyer. The management quite unlikely to kill the exchange this way, they probably want it to continue as it is, with more (empty) promises to keep the drama interesting.

To be honest, I really hope the management will implement the proposal.
aaa_batteries
post Jan 22 2023, 06:16 PM

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Ponzi scheme is always about net cashflow. As long as scammer continues to have net inflow and not net outflow, the game continues. It's always about fake trades, fake numbers, fake profits, fake news, fake excels, fake FMs, ... the only thing seems to be real is the TFX coin laugh.gif

Every 1000 invested shared among the entity providing the platform, commission to IBs and ULs, and masterminds. Someone will manage the platform to show fake accounts, someone to manage the TrustPilot, Facebook, Twitter, etc. However once the situation gets out of controls, then you will see more and more comments left in those social media and no one has time to manage them.

They will just let the platform to operate itself for buy and sell among victims, which doesn't involve any cashflow from them.

Victims can continue to make various proposals, but management will blame victims themselves for current situation. A thief will never admit he is a thief. Victims will continue to place HOPE of recovery among themselves. If any victim still believe in this scheme, this is the best time to accumulate to achieve financial freedom.

I am happy for all the paper millionaires we have in Malaysia.
aaa_batteries
post Jan 22 2023, 08:48 PM

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QUOTE(gashout @ Jan 22 2023, 08:36 PM)
question for the day

so it's ok for tfx to keep minting new coins.

but it's not ok for people to sell those coins.

(so they freeze those acc).

what shit is this?
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first part yes, TFX will keep minting new coins

you cannot sell below 0.8, so pls submit sell order at 0.8 regardless if there is buyer at 0.8

yes, smell like a load of shit

by the way, latest crypto scam promising returns to the moon, sound familiar ...

https://edition.cnn.com/2023/01/22/business...-cec/index.html
aaa_batteries
post Jan 25 2023, 01:32 PM

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QUOTE(vanguish @ Jan 24 2023, 07:49 PM)
Ya. Old uncle trying to create info graphic. But seems like failed infographics haha.
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I prefer to show numbers ... simple maths only, not ADD MATHS bruce.gif

This is how Ponzi scheme works!


Attached File(s)
Attached File  TFXI_Illustration.pdf ( 58.53k ) Number of downloads: 85
aaa_batteries
post Jan 26 2023, 12:23 AM

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let's wait for confirmation although we do expect something like this to happen soon or later.

there are messages for recovery services popping up in trustpilot and Facebook, which are probably another layer of scam.

I do hope that victims come forward and share their experience here so that more can be informed about such scam in future.


aaa_batteries
post Jan 26 2023, 01:33 AM

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QUOTE(vanguish @ Jan 21 2023, 01:08 PM)
Its not that the company doesn't want to pay the withdrawal at 1:1.

The company does not have all the money in the first place. All these while, the company responsible to generate the story, platform and the fake profits "digits in the system" only.

80-90% of the deposit is made via P2P, upline selling the fake profits to new victims. Net deposit to the company always at around 10-20% only.

When the P2P cannot handle already, the numbers in the system grew too much while actually the number is not backed with money in bank nor LP. Company start to experience negative cash flow, where by they are forced to buy back the fake profits using real money because the P2P cannot digest all volume already.

The company created the TFX coin which has no value to replace the money in system. This TFX is suppose to enable a larger scale of P2P which experiencing bottleneck to process the withdrawal via Upline (close loop) to a Global Loop via TEX.

So, the money is not there in the company, not that the company doesn't want to pay. The company is making effort to promote a globalize P2P for all client to sell the fake profits to new victims more efficiently.

The company business model is provide a platform that generate fake profits and they make around 10-20% gross from the new monthly deposits and 80-90% of the deposit goes to the pocket of the Upline selling the fake profits.

This is typical Ponzi model.
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QUOTE(lovelyuser @ Jan 25 2023, 02:47 PM)
IB and UL take 50%?? So high!!! Is this real?
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I don't expect the profit buffer to be more than 20%. I used 10% in the illustration. In any case, you can see that it's unsustainable once the scheme cannot attract enough new victims to meet the withdrawals. This is a typical Ponzi scheme.

However as Mum pointed out, scammer has up/improved the Ponzi scheme by introducing worthless coins and allow tradings among victims.

The key point is that Ponzi scheme requires huge amount of new deposits to sustain small amount of withdrawals! If either one moves against the scammer, e.g. drop in new deposits or increase in withdrawals, then endgame liao.
aaa_batteries
post Jan 26 2023, 06:19 AM

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I can’t believe there are people who actually believe Ponzi boss will do that … lmao


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aaa_batteries
post Jan 26 2023, 09:50 AM

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These victims just don't understand or don't want to admit that they are in a Ponzi scheme. The 10B fund is non-existence, we been saying that repeatedly and will continue to highlight this point.

Yes, TFX could liquidate the assets and pay off all withdrawals immediately but they DON'T have the asset at all. Again victims are too blinded by greed to understand such a simple point.

In my personal opinion, TFX has collapsed. The remaining thing is for victims to scam each others through the TEX.

I was looking for the latest price and couldn't access https://tex.tfxi.com nor http://www.tfxi.com. Will try again later. Maybe the boss still in CNY mood.

Maybe the boss will switch it back on again after reading this post laugh.gif

This post has been edited by aaa_batteries: Jan 26 2023, 09:54 AM

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