Bitcoiin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Bitcoiin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Bitcoiin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Bitcoiin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Bitcoiin in my Bitcoiin Review – now you can learn all you need to know about it.
Is Bitcoiin really a legit business?
Is Bitcoiin a safe business to join?
Let me show you in my review of Bitcoiin.
Get started by reading my review below.
Exactly What Is Bitcoiin?
Bitcoiin is one of the most recent MLM opportunities to dive into the niche of altcoins, and while this is apparent from the company’s website, there’s not much else to learn.
There’s not a single drop of background information to be found on Bitcoiin’s website, meaning that there’s no way to tell who the owner is, who’s running things on the day-to-day, where it’s based out of, etc.
The domain name (bitcoiin.com) was first registered all the way back in August of 2015, and it was up for sale through most all of 2017. It was just purchased last month on January 8, 2018, and this is likely when the current owners took charge.
However, due to the private nature of the registration, it’s impossible to say where it took place or who the domain owner is.
What Is The Bitcoiin Product Line?
In regards to the product line situation, it’s pretty abysmal for Bitcoiin.
Nothing is being marketed or sold to retail customers, and as a result of this, you won’t find any sort of retail sales activity.
Affiliates are given only the affiliate membership to offer, and whenever this is the case, you can pretty much guarantee that you’re involved with something illegal or illegitimate.
What Can You Tell Me About The Compensation Plan For Bitcoiin?
Should you still choose to join Bitcoiin, you’ll be asked to invest your cash into B2G points that are being offered. These points cost $5 a piece, and you’re promised an annual ROI of 12% for just buying and keeping them.
Bitcoiin mentions that affiliates with B2G points have access to “unique investment opportunities through independent approved mining pool programs”, but it’s never disclosed what these actually consist of.
Lastly, affiliates also have the opportunity to earn on referral commissions.
Referral commissions are paid thanks to a unilevel system, and this lets affiliates earn down to four levels of downline recruitment.
With this setup, affiliates earn a commission of 15% for Level 1, 10% for Level 2, 5% on Level 3, and 2.5% on Level 4.
What Will It Cost To Join Bitcoiin?
If you want to join Bitcoiin, you have an option of doing so for free and earning on just the referral commissions.
However, should you want the chance to earn more than this, you’ll need to make an investment of $5 or more into the B2G points.
Is Bitcoiin A Scam?
If you have heard that Bitcoiin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Bitcoiin a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My Bitcoiin Review
As I mentioned above, Bitcoiin is the latest MLM company to dive into the world of altcoin.
This is seen from the following copy on its website:
“If you have missed the chance of jumping on board with the original bitcoin back in 2009, here is the opportunity where life does give the second chance!”
Along with this, you’ll also see:
“The inspiration of Bitcoiin 2Gen, is to make a superior or more advanced version of Original Bitcoin”
Bitcoiin 2Gen, will in fact address current issues that are slowing down the Bitcoin eco-system and the limited opportunity for the enthusiasts to be able to earn by mining either with 1 machine or 1000.”
Bitcoiin ends up being a pretty typical pump and dump scheme, and while it’s sometimes possible to earn money on these, I don’t recommend getting involved with them.
If you’ve never been part of a pump and dump, here’s what happens — Someone creates an altcoin, asks a ton of people to invest, and then sells off all their inventory. The admin makes off with the cash, and most people are left to eventually lose out.
You could spend your time trying to make a quick buck with Bitcoiin, but unless you like to dance with the devil, I’d strong advise against doing so.
I definitely hope you have found value in my Review of Bitcoiin.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with Bitcoiin, make sure you take the time to learn how to market yourself!
My training below can help you with that.