EmpowerCoin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that EmpowerCoin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about EmpowerCoin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting EmpowerCoin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about EmpowerCoin in my EmpowerCoin Review – now you can learn all you need to know about it.
Is EmpowerCoin really a legit business?
Is EmpowerCoin a safe business to join?
Let me show you in my review of EmpowerCoin.
Get started by reading my review below.
Exactly What Is EmpowerCoin?
EmpowerCoin’s website looks good enough, but after a bit of digging and searching around, it became quite obvious that it’s seriously lacking when it comes to presenting background information on itself.
No once did I come across any info that showed who owns EmpowerCoin, where in the world the business is based out of, when it was launched, and more. All of this info is incredibly important to know and have an understanding of when looking at a potential business opportunity to join, and not having any of it present the way that EmpowerCoin is running is not a good thing to come across at all.
The domain name for the EmpowerCoin website (empowercoin.com) was registered on April 19, 2017. This is good to know for sure, but seeing as how the registration was done privately, there’s now way of telling who the owner of the domain is or where they were when the registration occurred.
Despite this, I was able to see that the EmpowerCoin website is being hosted on a private server that’s also home to a load of marketing websites. All of these other sites are written and presented in the German language, and this is a strong indicator that the person running the server (and maybe EmpowerCoin) is based somewhere in Germany.
What Is The EmpowerCoin Product Line?
As per usual with these companies that try to remain as anonymous as possible, you won’t find any goods or services being sold with EmpowerCoin.
No goods or services means that it’s impossible for retail sales activity to take place, and this leaves affiliate with nothing other than the affiliate membership to try and sell to folks that might be interested in the income opportunity that EmpowerCoin is offering.
What Can You Tell Me About The Compensation Plan For EmpowerCoin?
Speaking of the income opportunity, affiliates within EmpowerCoin are tasked with investing their hard-earned money into the company upon deciding to become an affiliate.
The main marketing push that EmpowerCoin is making is the fact that its affiliates can earn a 200% ROI after investing between 0.1 and 10 BTC.
The rate at which this ROI is paid out depends on how much money is invested, and the various levels of investment involved with this work out in the following manner —
- E2 — Members invest 0.1 BTC and wait 90 days to get their 200% ROI
- E3 — Members invest 0.3 BTC and wait 90 days to get their 200% ROI
- E4 — Members invest 0.5 BTC and wait 90 days to get their 200% ROI
- E5 — Members invest 1 BTC and wait 90 days to get their 200% ROI
- E6 — Members invest 2 BTC and wait 60 days to get their 200% ROI
- E7 — Members invest 4 BTC and wait 50 days to get their 200% ROI
- E8 — Members invest 10 BTC and wait 50 days to get their 200% ROI
In addition to the direct ROI payments, affiliates are also able to earn through binary commissions that are paid residually.
Points are added to the binary setup whenever money is invested into EmpowerCoin, and these points are tallied up at the end of each day so that commissions can be sent out to affiliates.
The rate of the commissions depends on how much you choose to invest into EmpowerCoin, so investing more and more will allow you to get more income through these residual rates.
What Will It Cost To Join EmpowerCoin?
Joining EmpowerCoin will run you between 0.05 BTC and 10 BTC.
You’ll need to invest between E2 and E8 (0.1 BTC and 10 BTC) in order to get the 200% ROI, but you can also choose to invest at E1 for 0.05 BTC if you just want to earn through the residual commissions.
Is EmpowerCoin A Scam?
If you have heard that EmpowerCoin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is EmpowerCoin 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 EmpowerCoin Review
Similar to many other opportunities along these lines, EmpowerCoin is enticing members in by advertising the fact that it is supposedly able to generate a 200% ROI through the trading of bitcoin.
Some of the problems also remind me of what I saw with D9 Clube.
As per the EmpowerCoin website, “When one exchange has a Bitcoin price of 500 USD, and another exchange has a Bitcoin price of 600 USD, you can exploit the price difference and keep the 100 USD difference for yourself.
This also means you’re buying Bitcoins for a lower price, and can sell them on the more expensive exchange.
When you buy a Bitcoin for 700 USD on one exchange and sell a Bitcoin for 800 USD on another exchange, you end up with 1 Bitcoin and 100 USD profit.
This is a really very simple and very profitable, especially when you dedicate more capital into your Bitcoins! It’s a matter of dedicating some time into your Bitcoin strategy.”
This might sound like the perfect opportunity on paper, but the smoke and mirrors being constructed here quickly dissipate when you actually start to think about things.
First off, there’s simply no way for a company to advertise a consistent ROI if it’s in any way related to bitcoin trading. Bitcoin is changing in price all the time, and as such, this sort of setup just doesn’t work.
Secondly, if such a process had actually been created, the people or person running EmpowerCoin wouldn’t be sharing this secret with everyone on the Internet. Instead, they’d keep it to themselves and become stupidly rich in a small amount of time.
In other words, EmpowerCoin is nothing more than a Ponzi scheme,
Because of the way EmpowerCoin’s compensation plan is structured, the company will likely phase out around the 40 or 60-day period. This is when funds will really disappear, and at this point in time, the admin(s) behind EmpowerCoin will pick up all the money they’ve made and then make a break for it.
Everyone else will be left to lose out and fend for themselves, and as such, you shouldn’t both giving EmpowerCoin the time of day. Let alone any of your money.
I definitely hope you have found value in my Review of EmpowerCoin.
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 EmpowerCoin, make sure you take the time to learn how to market yourself!
My training below can help you with that.