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Gain Bitcoin Review – Legit Opportunity or Big Scam? Find Out…

Welcome to my Gain Bitcoin Review!

Chances are someone approached you about the business opportunity and now you landed here to find out if it’s actually legit.

The good news is you are actually doing your research instead of blindly jumping into a company and later finding out it was a scam.

In this blog post, I am going to walk you through the company, products and compensation plan so you can make the right decision…

So pay close attention to the words on this post and read it to the end because I will lay it all out for you.

Gain Bitcoin Review – The Company

Gain Bitcoin Review

When I checked out their website, I noticed there was no information on who actually runs Gain Bitcoin.

I decided to dig in deeper and look at the Gain Bitcoin domain “gainbitcoin.com” and found out it was purchased on March 26th, 2013 and Mark Lee is listed as the owner.

I did find a LinkedIn profile that says Mark Lee is located in New Delhi, India, but the domain registration says Singapore.

After checking out the terms and conditions on the website and found out that this company belongs to Variable Tech PTE LTD.

Variable Tech PTE LTD runs other companies other than Gain Bitcoin called “The Bitex”.

We provide flagship Bitcoin related services in the field of exchange, cloud mining, eCommerce, utility payments across different countries in Asia.

Another two companies linked to Gain Bitcoin is Amazing Mining and Research LTD that claim they can produce up to 200% yearly returns on the investment in Alt-Coin mining.

Both Amazing Mining and Research LTD is run by CEO Amit Bhardwaj who is based out of India.

I am not sure why Bhardwaj doesn’t mention himself on the Gain Bitcoin website…

Gain Bitcoin Reviews – The Products

For some reason Gain Bitcoin doesn’t have any retail products or services for sale, but you can promote the actual Gain Bitcoin membership.

They do talk about Cloud Mining, and have “plans” that run for 1 to 13 BTC.

Gain Bitcoin Compensation Plan

Gain Bitcoin members can invest in Bitcoin mining plans that pay 10% ROI for 18 months…

That just means you can get a 180% ROI in 18 months…

  • Basic Plan – Invest 1 BTC and receive 10% a month for 18 months (1.8 BTC)
  • Amaze A3 – Invest 4.85 BTC and receive 10% a month for 18 months (8.73 BTC)
  • Amaze A5 – Invest 13.75 BTC and receive 10% a month for 18 months (24.75 BTC)

You can get a direct referral commission of 5% on your personally sponsored members who invest.

Residual Income Commissions

All residuals in Gain Bitcoin is paid through a binary compensation plan.

This just means you have two lefts, left and a right.

You get paid 8% commissions on the weaker leg and any left over volume is carried over.

Monthly Reward Payouts

You can get monthly rewards every time affiliates encourage their members to invest:

  • Get paid on 20 binary pairs in a month and receive a “mobile phone”
  • Get paid on 35 binary pairs in a month and receive a “Thailand trip”
  • Get paid on 80 binary pairs in a month and receive a “laptop”
  • Get paid on 125 binary pairs in a month and receive an “Uzbekistan trip”
  • Get paid on 225 binary pairs in a month and receive an “Amsterdam trip”
  • Get paid on 500 binary pairs in a month and receive a “Las Vegas trip”
  • Get paid on 1000 binary pairs in a month and receive a Renault KWID car

Cost To Join Gain Bitcoin

The cost to join Gain Bitcoin ranges from 1 BTC to 13.75 BTC investment.

The moment you have been waiting for in this Gain Bitcoin review…

Verdict on Gain Bitcoin

There are a few red flags in the company from the get go…

First the owner isn’t transparent about running the show in Gain Bitcoin and registered the domain under a fake name.

Second, Gain Bitcoin guarantees an ROI:

Using our proprietary methodology and years of experience in mining we are always able to beat the rues [sic] of difficulty & hence able to deliver a consistent Mining Outputs to our customers.

In other words they pay 180% over 18 months which isn’t possible…

The truth is that Gain Bitcoin doesn’t do any cloud mining at all (tell them to show you prove of it…).

What really is happening is this…

Newly invested funds are paying off existing members which is creating the ROI.

Once recruitment slows down, so will your ROI and eventually the company will go under.

I personally don’t recommend a business model like this UNLESS they can PROVE they are actually mining for those crazy ROI’s…

Anyway, I hope you enjoyed my Gain Bitcoin review and if you have any questions, leave them in the comments below…

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Gain Bitcoin

-Jesse Singh

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