Bitcoin Builder Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Bitcoin Builder is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Bitcoin Builder, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Bitcoin Builder as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Bitcoin Builder in my Bitcoin Builder Review – now you can learn all you need to know about it.
Is Bitcoin Builder really a legit business?
Is Bitcoin Builder a safe business to join?
Let me show you in my review of Bitcoin Builder.
Exactly What Is Bitcoin Builder?
New MLM opportunities seem to be launching with every single day that passes, and the latest company to do this goes by the name of Bitcoin Builder.
Upon first glance, the Bitcoin Builder website leaves a lot of questions unanswered — Who founded the company? Who owns it? Where is Bitcoin Builder based out of in the world?
These questions could be easily answered with proper background information on the Bitcoin Builder website, but since such data is completely absent, these questions remain open-ended.
Heading over to the domain name registration, we’re faced with a very similar situation.
Although I was able to see that the domain was registered last month on February 9, 2017, the private nature of the registration means that there’s no way of knowing where it took place or who the owner is.
All of this is information that’s important to know whenever you’re dealing with a potential business opportunity, and there’s no real reason as to why so much important info is nowhere to be found with Bitcoin Builder’s site.
With all of this being said, there is one bit of information on the website that I found interesting.
A report on the site showcases the company’s top three main sources of income/revenue, and these include the United States, India, and Nigeria. The legitimacy of this report is up in the air, but it’s fairly safe to say that the person behind Bitcoin Builder is based out of one of these three countries.
What Is The Bitcoin Builder Product Line?
As for the product line, there’s hardly anything to talk about.
Bitcoin Builder is following in the footsteps of many other MLM opportunities as of late, meaning that there isn’t any sort of product line to speak of with the way the company is set up.
Although this is a trend that I’ve been noticing more and more often in the world of multi-level marketing, it’s one that I would really like to see stopped sooner rather than later.
The lack of a product line means that there aren’t any goods or services being sold to retail customers, and even worse, it means that there’s a total absence of any retail sales activity to bring in much-needed revenue.
What Can You Tell Me About The Compensation Plan For Bitcoin Builder?
Making money as an affiliate for Bitcoin Builder is done by gifting bitcoin to one another through the use of a unilevel payment system.
When you first join Bitcoin Builder, you’ll be tasked with gifting 0.01 BTC into the general system for the company. Of that 0.01 BTC, 0.002 BTC is handed right over to the admin for the company while the rest of it is split between the remaining eight members of your upline.
With a unilevel system, this upline includes the affiliate that recruited you to join Bitcoin Builder, the person that recruited them, etc., etc.
Similarly, recruiting someone else to join Bitcoin Builder will allow you to receive a gift payment as well. This is the primary way to earn money within the compensation plan, and it’s rather typical of other companies that are set up in this fashion.
What Will It Cost To Join Bitcoin Builder?
If you’re at all interested in becoming an affiliate for Bitcoin Builder, you’ll need to hand over a gift payment of 0.01 BTC in order to get things started.
Is Bitcoin Builder A Scam?
If you have heard that Bitcoin Builder is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Bitcoin Builder 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 Bitcoin Builder Review
If you’ve gotten this far into the review, you probably already know where this conclusion is heading.
Bitcoin Builder is yet another cash gifting scheme with hardly anything to make it stand out from the slew of other cash gifting schemes that have come and gone before it.
Affiliates join the opportunity by gifting 0.01 BTC, and they then earn money by getting other individuals to join and do the same thing.
The anonymous admin likely has positions at the top of the system preloaded so that they can earn the majority of all the money that’s dumped into Bitcoin Builder, and this situation generally means that most other affiliates lose out or earn hardly anything of real value.
Bitcoin Builder will eventually collapse once recruitment activity slows to a crawl, and at this point in time, members who haven’t earned back their initial starting costs will find it impossible to earn it back.
I definitely hope you have found value in my Review of Bitcoin Builder.
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 Bitcoin Builder, make sure you take the time to learn how to market yourself!
My training below can help you with that.