Bitcoin Golem Review – Is This A Good Opportunity Or Big Scam?
Bitcoin Golem has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling Bitcoin Golem.
I have simply gathered for you all the facts in this Bitcoin Golem Review in order for you to make a proper decision about it.
So, is it true? Is Bitcoin Golem a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is Bitcoin Golem?
Bitcoin Golem is the next company up for my full review, and in this case, we’re dealing with another MLM entity that makes a downright horrible first impression.
After hours of searching and digging through Bitcoin Golem’s website, I wasn’t able to find any mention of who owns the company, when it was first launched, where it’s physically based out of, etc.
What I was able to find is a certificate that shows that “Bitcoin Golem Limited” was registered in the United Kingdom. The owner within this registration is listed as Dominic Graham, and there is also an address provided here in London.
However, after just a little bit of snooping around, I was able to find that the address being used here is the exact same one that was used by Dominic Water when he launched Lensen Group.
Lensen Group is a Ponzi scheme that got things started towards the tail end of 2016, and it’s main offering was a 110% ROI that was paid out to members after just ten days.
I say “was” because Lensen Group started to really go downhill earlier this year. The website is still active, but Alexa rankings showcase that traffic has been a fraction of what it once used to be.
Along with this, it’s also safe to say that neither Dominic Water or Dominic Graham actually exist.
What’s likely taking place is that one person created these two fake identities, and with Lensen Group on its way down the drain, they’ve abandoned it and Dominic Water in favor of Bitcoin Golem with a new name of Dominic Graham.
What Are The Products For Bitcoin Golem?
Similar to Lensen Group, you won’t find any product line within Bitcoin Golem.
The lack of a product line means that nothing is being sold or marketed to retail customers, and as a direct consequence of this, there’s no chance at all for retail sales activity to take place.
A lack of retail sales isn’t something you want to see with MLM, and whenever you do happen to come across it, you can be damn sure that something is taking place that you don’t want to be a part of.
What Is The Compensation Plan For Bitcoin Golem?
Moving things along to the compensation plan, Bitcoin Golem has its members invest money into three main levels in order to get a return on investment.
These ROIs are paid out either on an hourly basis or after 15 days, and they work out in the following manner —
- Affiliates who choose the Hourly Plan invest between 0.01 BTC and 2500 BTC so they can then receive an hourly ROI of 1%
- Affiliates who choose the After Plan invest between 0.05 BTC and 2500 BTC so they can then receive an ROI of 9000% after fifteen days
- Affiliates who choose the VIP Plan invest between 15 BTC and 2500 BTC so they can then receive an ROI of 7000% after fifteen days
Additionally, there is also the chance to make money off of referral commissions.
Referral commissions in Bitcoin Golem get doled out to affiliates through a unilevel system, and just like other setups along these lines, money is paid as a percentage of funds that are invested by an affiliate’s downline.
Bitcoin Golem pays a 5% commission on money invested by Level 1 members, 2% on Level 2, and affiliates in the third, fourth, and fifth levels of your downline pay a commission of just 1%.
What’s Does It Cost To Join Bitcoin Golem?
A minimum investment of 0.01 BTC is required in order to start earning money with Bitcoin Golem, but you can increase that number up to as much as 2500 BTC if you’d really like to maximize the total amount of money you can earn as an affiliate.
Is Bitcoin Golem A Scam?
Have you heard from a friend that Bitcoin Golem is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about Bitcoin Golem – is it a scam or legit?
Good news – Bitcoin Golem is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
Bitcoin Golem Review Conclusion
Let’s cut right to the elephant in the room —
A 9000% ROI is absolutely ridiculous.
I’ve reviewed a lot of MLM Ponzi schemes before, and one of the big selling points for these opportunities is an ROI that sounds too good to be true.
While I’ve definitely come across some whacky ones before, few have been as crazy as 9000% over 15 days.
To put this into perspective so you can wrap your head around how nuts that is, a small investment of just $100 would allow you to turn the into $9000 after about two weeks.
Behind all of the smoke and mirrors, affiliate investment is the absolute only source of income that’s making its way into Bitcoin Golem.
Newly invested funds are turned around to pay ROIs owed to existing members, and because of this, Bitcoin Golem is nothing more than a Ponzi scheme.
With such a high ROI being offered, it likely won’t be too long at all before Bitcoin Golem collapses as a result of running out of money to pay back affiliates that are expecting it.
The anonymous admin will gather up all the funds that they’ve earned during the lifespan of Bitcoin Golem, make a break for it, and leave everyone else to lose out.
Sounds like a pretty swell opportunity, huh?
I sure hope that you have found my Bitcoin Golem review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my Bitcoin Golem review to have all the information for you.
If you decide to carry forward with Bitcoin Golem, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.