BCoinShare Review – Good Opportunity Or Big Scam?

BCoinShare ReviewHas someone tried to pitch you the BCoinShare opportunity lately?

BCoinShare is a really popular and new opportunity that is making it’s rounds on social media among network marketers.

Now, first off, let me make it clear I am NOT promoting this business opportunity as an affiliate or distributor.

I have all the facts about this business in my BCoinShare review so you can learn the full truth about it!

Is BCoinShare a scam?

Can you make an honest business with BCoinShare?

Let me show you in my review of BCoinShare.

Read on for all the details.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

BCoinShare – What Is It??

Tons of new MLM opportunities seem to be entering the market every single day, and one of the most recent additions goes by the name of BCoinShare.

When conducting these reviews, one of the first things that I look at is the official company website for the opportunity that I’m taking a look at.

In the case of BCoinShare, I was rather unimpressed with their site.

While the design of the website itself is certainly fine, the issue lies within the amount of background information that’s present on the site.

Or should I say the lack thereof?

BCoinShare’s company site doesn’t offer any information at all in regards to who owns the company, who runs it on an executive level, or where it’s physically located. This is all typical information you’d come to expect from any legitimate MLM opportunity, and the fact that it’s nowhere to be found with BCoinShare is rather startling to say the least.

Since the website turned out to be no help at all, I decided to move my search to the actual domain registration for the company’s site.

This showed that the domain was registered back on October 18th, 2016, but that’s it. Since the domain is set to a private state, data on who was behind the registration or where it look place in the world is entirely unknown.

Among all of this, I was able to find an official Facebook group for the company.

The Facebook group for BCoinShare cites someone by the name of Mike Anderson being the sole admin, but after a little research into Anderson’s profile, it didn’t take long to realize that it was filled with nothing but bogus.

Seeing as how the account was just created on September 29th of this year and that it’s filled with nothing but promotional material for BCoinShare, it’s quite likely that the account is fake.

All of this comes together to create for an essence that the anonymous admin(s) behind BCoinShare is doing everything in their power to cover up their personal info, and this is something that’s usually only seen with schemes and scams – definitely not a good sign at all.

BCoinShare Scam

The Product Line For BCoinShare

Moving on to the product line that BCoinShare is being offered, there’s not much to talk about here.

Why is this though?

BCoinShare has made the fateful decision to not include any sort of product line with their business model, and this is a move that I’m never a fan of seeing.

While omitting a product line does make it easier and cheaper to launch an MLM opportunity, it’s a move that does nothing but create for trouble and problems as time goes on.

Product lines allow for retail sales to take place, and retail sales often serve as the main source of income for all legit MLM opportunities.

Without a product line and no retail sales taking place, this means that the only identifiable source of income is coming from affiliates themselves, and that’s never a move you see with a company that’s operating in a legitimate fashion.

What Should I Know About The Compensation Plan?

Next up, we need to take a look at the compensation plan that’s being used here.

BCoinShare sees that affiliates gift money to one another through the use of bitcoin in order to get placed in a 2 x 10 matrix system.

This 2 x 10 matrix is filled once 2046 positions have been filled by affiliates through both direct and indirect recruitment, and moving up through the matrix is achieved by continuing to gift money to other affiliates.

To get things started, you’ll need to gift 0.04 BTC to the affiliate that personally recruited you to join the company. This will then entitle you to receive 0.08 BTC from four other affiliates within the company, and this process goes on and on for 10 different levels.

Each level requires that you gift more money, but it also entitles you to receive a great gift value.

How Do I Join BCoinShare?

If you’d like to become an affiliate for BCoinShare, you’ll need to periodically gift a minimum of 0.04 BTC.

With that said, having full participation in the opportunity at hand will require you to hand over 3.12 BTC. This payment is recurring, but as it happens to be, BCoinShare doesn’t mention how often this payment needs to go out.

Is BCoinShare Really A Scam?

Have you been hearing that BCoinShare is a scam?

Have you heard BCoinShare is legit?

It can be hard to tell with so many different people telling you different things.

So, what’s the truth – is BCoinShare a scam or is it a good business?

I would say it’s not really a scam. There are a few things you should be aware of before joining.

The best way to be successful is to be prepared going in, and have a plan to market yourself.

If you want help marketing and making money, see below.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Conclusion for BCoinShare

So, at the end of the day, is BCoinShare an opportunity worth joining?

Simple answer – no.

As it stands, BCoinShare is yet another cash gifting scheme in the MLM world that exists for the sole purpose of soliciting money from the folks that decide to get wrapped up in it.

There isn’t anything at all being marketed or sole to customers, meaning that all of the payments being sent to affiliates are coming from other members within the company.

As cash gifting schemes usually go, BCoinShare will run into trouble once levels of recruitment die down. This will see the company come to a rather immediate collapse, and the majority of people will end up losing out.

Only the anonymous admin(s) of the company will earn anything of substance, and thanks to the use of bitcoin, recovering any lost funds once BCoinShare does collapse will be virtually impossible.

I hope you got all the details you needed to make an informed decision in this BCoinShare Review.

Bears of anyone trying to sell you something in their review articles.

If you do want to proceed with BCoinShare, make sure you know how to market properly.

My FREE training below will help you.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Speak Your Mind

*