Bitcoin 4 Passive Review – Good Opportunity Or Big Scam?

Bitcoin 4 Passive ReviewHave you been hearing a lot about Bitcoin 4 Passive lately?

There is a lot of hype happening for Bitcoin 4 Passive, and people are pitching the opportunity all over the place – especially on social media.

The first thing I should tell you is that I am not associated with Bitcoin 4 Passive in any way.

I have gathered all the pertinent facts about this opportunity in my Bitcoin 4 Passive Review so that you can know the full truth before signing up.

Is Bitcoin 4 Passive a scam? Or is it really legit?

Will I be able to make real money with it?

I tell you all in my Review of Bitcoin 4 Passive.

Let’s get going!

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

What Is Bitcoin 4 Passive Exactly?

In the case of Bitcoin 4 Passive, we’re dealing with a company that has decided to omit offering any background information at all on their official website. If you’ve been following our reviews or MLM world for any amount of time, you’ll know that this a trend that many new MLM startups are taking part in.

While some could count this as a simple oversight, these sort of companies that omit this info from their website usually turn out to be nothing more than scams of some sort. By withholding this information from the official company site, the business in question turns into a faceless one. This means that it’s nearly impossible to hold anyone accountable for the actions of the company, and this is usually something that Ponzi and pyramid schemes want.

When taking a look at the actual domain registration for the Bitcoin 4 Passive website, we can see that it was first registered on September 25th of this year – 2016. Unfortunately, since the registration is set to that of a private state, we are unable to see just who or where the domain took place with. This is yet another move we see schemes make in order to cover up any tracks of theirs, and it doesn’t do anything at all to help out overall image of Bitcoin 4 Passive right from the get go.

If we take a look at official site traffic rankings from Alexa, we are able to see that the two largest sources of traffic for the Bitcoin 4 Passive website come straight out of both India and Malaysia. These traffic rankings would suggest that Bitcoin 4 Passive is being run out of one of these countries, and both India and Malaysia have a track record for being homes to a host of numerous MLM schemes and scams over the years.

The only other bit of background information we were able to find on Bitcoin 4 Passive is an official Facebook group that was created for the company. The sole admin for the group is someone by the name of Rayford Nicholas, but seeing as how the Facebook account for Rayford was created just earlier this year, it’s more than likely nothing but bologna.

Bitcoin 4 Passive Scam

What Will I Be Selling With Bitcoin 4 Passive?

It shouldn’t come as much surprise at all that Bitcoin 4 Passive doesn’t have any sort of product line to speak of at all. Instead of offering actual products or services to sell to retail customers, the company bases their entire operation off of having affiliates gift payments to one another.

When an affiliate sends a gift payment to another affiliate within the company, that payment comes bundled with a host of advertising credits that the receiving affiliate can then use to display ads on the Bitcoin 4 Passive website.

This is a similar setup that we’ve seen time and time again with other schemes out there, and these sort of advertising credits usually serve no other purpose than to cover up the illegal activity that’s taking place within a company.

What Should I Know About The Compensation Plan For Bitcoin 4 Passive?

In terms of the compensation plan, Bitcoin 4 Passive has constructed a system in which affiliates are required to gift payments to one another as more and more affiliates are recruited to join the company.

All payments are made through the use of bitcoin, and a 2 x 5 matrix system is used to organize everything.

The 2 x 5 matrix is complete once all 62 positions have been filled, and this takes place through both direct and indirect recruitment methods.

There are 5 different tiers available within the 5 x matrix, and making a larger gifting payment will put you into higher tiers. And, as a result of sending out a higher gifting payment, you’ll then be eligible to receive more from other affiliates.

The entire plan revolves around recruiting people to join and gifting so much bitcoin in return for even more bitcoin, and this is a very common compensation plan that we see used by schemes all the time. This sort of compensation plan turns Bitcoin 4 Passive into nothing more than a type of cash gifting scheme, and although it really isn’t all that surprising, and it doesn’t make it any less of a bad situation that you should avoid getting wrapped up with.

What’s The Membership Fee For Bitcoin 4 Passive?

If for some reason you’re interested in becoming an affiliate for Bitcoin 4 Passive, you’ll need to make a minimum gifting payment of 0.04165 bitcoin. However, if you want to have full access and maximize your possible earnings as much as possible, you’ll need to gift a whopping 4.61643 bitcoin.

At the time of this writing, you’d be looking at having to shell out an equivalent of $2,831.58 in order to fully participate in the Bitcoin 4 Passive compensation plan.

Is Bitcoin 4 Passive Really A Scam?

If you’re like me, you’ve been researching Bitcoin 4 Passive and you may have heard that it is a total scam.

From what you have read above, you may not be able to tell if it is legit or not.

So, is it really a scam?

Is Bitcoin 4 Passive a scam, or can you trust the company?

I would say Bitcoin 4 Passive isn’t a complete scam, but there are definitely some things you should be cautious of – check out the conclusion to find out what those are.

Being prepared will help you be successful. Also, see below to get my tips for making money.

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

My Conclusion For Bitcoin 4 Passive

As we all know, both Ponzi and pyramid schemes are incredibly illegal. And, despite the fact that there are clearly elements of both of those taking place within Bitcoin 4 Passive, the company is trying to sell the idea that they aren’t either of these things.

However, with no product line available and an obvious push to get more and more people to sign on as affiliates, it doesn’t take long to see that Bitcoin 4 Passive is operating as both a pyramid and Ponzi scheme.

Affiliates get paid both directly and indirectly for recruiting other people to join the company, and they’re also able to earn ROIs through gifting payments that are sent among affiliates within the company.

Unfortunately, similar to all other operations like this, Bitcoin 4 Passive will cease to exist once their recruitment and investment levels both die down. When this takes place, the company will be unable to pay off the ROIs and commissions that they owe to existing affiliates, and this will cause the company to crumble and fall to nothing at all.

I sure hope you have found all the information in this Bitcoin 4 Passive Review helpful.

Some reviews may be biased or trying to sell you something else, so I wanted you to have all the details from someone not affiliate with Bitcoin 4 Passive.

If you decided to move forward with Bitcoin 4 Passive, you’ll still need help marketing yourself.

My FREE training will help you with that.

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

Speak Your Mind

*