I am glad I found this thread. Thanks to everyone who did some solid investigative work here. So I am currently an investor in MTI. I am actually also based in South Africa. I have a close friend who works for a company called Orbvest in Cape Town. His boss knows Johann personally and has only good things to say about him (Obviously doesnt prove its not a scam).
I do have my doubts simply because it seems too good to be true. I signed up on 3 September with 0.083 BTC, I am now at 0.122 btc. Pretty happy with that. My plan is to withdraw my intitial investment and buy Kruger Rands with it, and leave the rest in there. That way if it goes balls up at least I got my investment out.
I guess it comes down to whether or not a trading AI can actually be this accurate? I have had a close look at the trade reports as I am sure all of you have as well. The "bot" makes a lot of negative trades, but manages to somehow end postive on the day. I have heard there have been some negative trading days in the past. So for this to be scam those trade reports obviously have to be completely fakes right? They would need a bot to sort of populate the fake trades at the correct prices and correct times?
Lets assume for a second its not a scam, just hypothetically. Wouldn't every person who has ever been involved in a ponzi scheme be jumping on board? I mean wouldn't that be the dream? My point being there would of course be some deplorables on every thread trying to promote MTI.
Further, if this wasn't a scam, how would the "powers that be" feel about it? Without getting too tinfoil hat on everyone, isn't BTC seen as a big F YOU to the FIAT world?
Again for me it simply comes down to whether or not the bot can trade this accurately.
Anyway, hopefully I don't get attacked for having this view! And again thanks to all the deep diving investigators.
It is a scam. Johann, Cheri and Clynton have been pulling scams for years. They're in deep trouble with this one.
No, an AI bot cannot be this accurate for the simple reason that everyone would have one and the market wouldn't work. There are people with far more technical knowledge (and power) then a door-to-door salesman from Polokwane. Besides, they're not trading, they're paying off old investors from new deposits which is why there are continual withdrawals delays recently.