Numis Network - Numis Academy

Hello Everyone!

My name is Dr. James H. Nguyen and I am a health and wellness professional that is focused on Anti-Aging.

You might be asking, what in the world does this have to do with COINS? Well it doesn't. I don't know much about numismatics, as a matter of fact it has only been 2 months since I looked up the definition.

Just wanted to get opinions on something I came across online. Please let me know what you think.

edited

 

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This is my personal opinion based on limited knowledge. MLM operations(being polite) are "First In, First Out" for the winners only type of investment, marketing schemes. . .
If you search this message board you will find this topic discussed in other threads...
I do not believe that people who become involved through the MLM become accumulators, collectors, investors and or investor/collectors in the coin collecting hobby...
I agree with GDJMSP - A marketing scam.

 

I don't know what he is asking since the link was deleted....not that you should put it back on.....but I read the post, and he asks what we think.....but about what?

 

Voted "Who the heck ...?" Then again, I'm not from the US, and that reply was perfectly honest. Got curious, and found this video: http://www.youtube.com/watch?v=kRemZCu7oWE Frankly, when somebody talks to me like that, I simply know I should rather stay away from whatever the person is selling ...

Christian

 

Fast talkin' semi knowledgeable snake oil salesman specializing in the sale of coins on a popular shop at home network broadcast here in th USA....

 

Haven't I seen banner ads for them here?

 

I couldn't find the appropriate answer (at least for me) listed so I didn't vote....

 

To me it looks like your tipical pyramid scam that his been going on for ever. New website, same scam.

 

Where is the bad for the hobby option?

These companies and their "champions" are detrimental to the hobby. They count on good marketing and customers that do not do their homework. It seems that they have gotten smarter lately and are trying to make inroads into the online forums. As someone in the buisness I have to strongly urge anyone to steer clear.


You would probably make more money if you took whatever amount you wanted to invest with numis network and burned 30% of it to ashes.

 

Yeah, IMO this type of thing, and what it tries to teach, is the worst thing for my hobby. The video on EVERY page of the site are dripping with slime.

 

I'm not going to vote, because there is no "scam" option. Numis Network is a total pyramid scheme, and as LD said. Detrimential to the hobby.

 

Pretty sure all that don't work for them are gonna agree here.
Pyramid overinflated scam on coins.

 

OK. I've never heard of it then. I have no idea what it is, or who he is. And, from the posts here, I'm not going to make any effort to find out.


:::moving on

 

I actually voted for it will bring more people into the hobby. My reasoning is however, anti, most coin collectors. What I mean by this is any advertising of anything increases it's popularity. Many advertising organizations full well know that thier advertisements may irritate people and that to them is a success. If you get irritated enough to remember that add, they won.
Way, way back in High School, as in most High Schools, they had those campains for class president. Someone I know was a real, fantastically horrible person with an equally miserable attitude towards everything. He was running for that office and I asked what ever makes you think you can win.
His answer: I don't care what you say about me as long as you do say something. He won.
The moral of my story is the more popular you make anything, the more popular it will become.

 

I agree. As they say in holywood, any press is good press. Even though it may be negative, it makes people think about you and talk about you.
That being said, I still dont like pyramid schemes that promise a lot of money but in the end just take your hard earned money away from good honest people.

 

Carl I see your point about more people collecting but in the long run I feel it will be (if they are successful) a crash in those type of coins prices. Kind of like in the 80's when there was that boom for graded stuff then. It's at best the same thing now with these guys.
If you do get in flip or sell all of that kind of stuff as soon as you get it IMO

 

You can force your garbage in front of people and irritate them, this wont get them to use your service...Advertising is only good, in the end, if it drives revenue to you. Otherwise you are are jusr a well known company that went out of business. This seems only to be trying to attract peoples whose sole purpose is to slab every coin made, hike the price and attempt to make a profit off collectors.

Which is good IMO because I don't want more waves of collectors taking up this hobby. I might be alone in this but the way I see it is the more people who flood into this hobby, the more competition there will be for coins and prices will rise for choice coins. I have never understood why a collector would want to attract others into the hobby...sellers...that's obvious...but as a collector, the fewer people out there bidding on the coins I want, the better. So maybe this will drive people away...or if nothing else, it will only create collectors who are in it to cash in, people whose interest is only monetary and who are completely dependant on the slab and the price hike they try to justify...in this case I wouldn't be competing with this type of person anyway. A slab means nothing to me and if they are going to try to pawn off something at ridiculous prices because its in a slab with a subjective grade on it, they would never get my business. The concept is not new, maybe trying to recruit people to do it is...there are plenty of people already out there slabbing anything they can get their hands on and hiking prices for the effort.

 

Can't say for sure but the Dr. James H. Nguyen on LinkedIn (see link) might possibly be the OP.

http://www.linkedin.com/in/socialentrepreneurship