Bitcoin 4 Ever Review – Legit Business Opportunity or Big Scam? Find Out Here…
Welcome to my Bitcoin 4 Ever Review!
Whether you’re a first timer to the MLM world or have been in the marketing niche for a long time, it is always a good idea to thoroughly research any new company before jumping in.
Maybe you have come across an opportunity in your searches or perhaps someone has approached you, but either way, I’m glad you’re here to learn more!
The purpose of this blog is to provide you with all of the necessary information you will need about the company, the products and the compensation plan.
So let’s get right to it!
Bitcoin 4 Ever Review – The Company
The Bitcoin 4 Ever website does not provide any information about who owns or operates the business.
A little research revealed that The Bitcoin 4 Ever website domain “bitcoin4ever.biz” was registered privately on the 28th day of March, 2017.
There isn’t much to go on there so let’s move onto something else shall we!
Bitcoin 4 Ever – The Products
Bitcoin 4 Ever does not offer any retail products or services.
Affiliates who join Bitcoin 4 Ever market the affiliate membership itself.
Once an affiliate signs up, they donate bitcoin to each other.
Each bitcoin gifting payment is bundled with ad credits, which can be used for advertising on the company website.
The Bitcoin 4 Ever Compensation Plan
Through a 5×5 matrix, Bitcoin 4 Ever affiliates are able to donate bitcoins to each other.
This 5×5 matrix places the company’s affiliate at the very top of the matrix, having 5 positions under them:
The 1st level of matrix is formed by these 5 positions.
Once these 5 positions have been split into another 5 positions each, the second level of the matrix is then created.
Matrix levels 3 through 5 are made in the same way, with every new level holding five times as many positions as the level above it.
An affiliate signs up and donates 0.005 BTC to the affiliate who sponsored them.
This payment enables the affiliate to receive 0.001 BTC from 5 affiliates sponsored into level 1 of their matrix.
Matrix levels 2 through 5 run in the same way with one distinction being that there is an increase in the numbers of bitcoin donated.
- Level 1 – Donate 0.001 BTC to the affiliate who sponsored you and receive 0.001 BTC from 5 subsequently sponsored affiliates
- Level 2 – Donate 0.002 BTC and receive 0.002 BTC from 25 affiliates
- Level 3 – Donate 0.01 BTC and receive 0.01 BTC from 125 affiliates
- Level 4 – Donate 0.25 BTC and receive 0.25 BTC from 625 affiliates
- Level 5 – Donate 4.25 BTC and receive 4.25 BTC from 3,125 affiliates
Cost To Join Bitcoin 4 Ever
The cost to join Bitcoin 4 Ever as an affiliate is 0.001 BTC donating payment.
In order to fully participate in the Bitcoin 4 Ever business opportunity, it will cost 4.513 BTC.
Verdict on Bitcoin 4 Ever
The first red flag with this company is the fact that they have no real products or services to offer…
This means no retail customers and no repeat business…
So their business model depends solely on recruiting affiliate after affiliate…
As the initial hype brings in lots of recruits, there will be a superficial bump in income…
But as the recruitment pool dries up…income will drop and affiliates will likely leave….
Leaving the business to collapse in just a few short months…
So, my advice here is…
If you join…do it at your own risk…
I hope your enjoyed my Bitcoin 4 Ever review, and if you have any questions, please leave them in the comments below…
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