Bitcoin Bank Cycler Review – Good Opportunity Or Big Scam?

Bitcoin Bank Cycler ReviewHave you been hearing a lot about Bitcoin Bank Cycler lately?

There is a lot of hype happening for Bitcoin Bank Cycler, 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 Bank Cycler in any way.

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

Is Bitcoin Bank Cycler 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 Bank Cycler.

Let’s get going!

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What Is Bitcoin Bank Cycler Exactly?

Taking a look at Bitcoin Bank Cycler, we’ve got an MLM opportunity where there’s no background information being displayed on the official website.

You won’t find any listing of who owns Bitcoin Bank Cycler, who founded the company, where it’s physically based out of, etc.

Furthermore, the domain name registration doesn’t do much to help either.

It’s visible that the domain was registered on January 25, 2017, but since it was conducted privately, it’s impossible to tell who the owner is or where in the world the registration took place.

All of this comes together to make Bitcoin Bank Cycler feel incredibly faceless, and that’s about the last thing you want to come across when dealing with an MLM opportunity. Having concrete background information is key to have a deep understanding of what kind of company you’re dealing with, but you unfortunately don’t get that with Bitcoin Bank Cycler.

Bitcoin Bank Cycler Scam

What Will I Be Selling With Bitcoin Bank Cycler?

As you might already be able to guess by now, Bitcoin Bank Cycle doesn’t have any sort of product line in place at all.

Goods and services are completely absent from the business model, and this means that existing affiliates for the company have nothing more to offer aside from the affiliate membership itself.

The lack of any goods or service being sold means that it’s impossible for retail sales to take place, and this is always a major red flag.

It’s impossible to have a legitimate MLM opportunity that doesn’t have some amount of retail sales taking place, so the lack of a product line with Bitcoin Bank Cycler is a pretty telling sign that we’re dealing with some sort of scheme/scam.

What Should I Know About The Compensation Plan For Bitcoin Bank Cycler?

Moving things over to the compensation plan side of things, affiliates for Bitcoin Bank Cycler make money by buying positions within a three-tiered matrix system.

There are multiple sizes to this matrix setup, and they include —

  • 2×1
  • 4×1
  • 8×1
  • 16×1
  • 32×1

Bitcoin Bank Cycler affiliates first get started with the 2×1 matrix, and this is filled by getting two other people to buy positions below you. Once the spots are filled, you then move on to the 4×1 matrix, then the 8×1 matrix, so on and so forth.

Every single time one of these matrices gets filled, a cycle is triggered and a subsequent commission is paid out as well. The amount of money that’s paid out to members is dependent on which tier of the matrix they’re involved with, and those three tiers include Silver, Gold, and Platinum.

Although I’m not going to dive into detail as to the exact payout for all of the varying stages for these levels. here is what it costs to buy into the tiers and what they come with —

  • Affiliates that choose to go with the Silver level must pay 0.028 BTC. From here, members are then provided access to a 0.0022 BTC Silver position every single week for a total of ten weeks.
  • People looking to step their game up can go with the Gold level. This tier costs 0.07 BTC, and it offers affiliates a 0.058 BTC Gold spot every week for ten total weeks once more.
  • Lastly, the Platinum stage costs 0.13 BTC and comes with a 0.0108 BTC Gold position every single week for another ten weeks.

What’s The Membership Fee For Bitcoin Bank Cycler?

If you’d like to become an active affiliate for Bitcoin Bank Cycler, you’ll need to buy a membership into one of the three available tiers — Silver, Gold, or Platinum.

This membership fee recurs every ten weeks, and the cost ranges from 0.028 BTC, 0.07 BTC, and 0.13 BTC.

Is Bitcoin Bank Cycler Really A Scam?

If you’re like me, you’ve been researching Bitcoin Bank Cycler 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 Bank Cycler a scam, or can you trust the company?

I would say Bitcoin Bank Cycler 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.

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My Conclusion For Bitcoin Bank Cycler

“Is BitcoinBankCycler an Hyip,Ponzi,Pyramid or an illegal scheme?

No, this is not an investment site nor is it illegal in any way, shape, or form.

We sell Products including advertising services.”

This is the claim that the Bitcoin Bank Cycler website is making, and while it tries its best to come off as some sort of legitimate opportunity, that’s simply not the case here.

Bitcoin Bank Cycler’s only source of income is that of affiliate investments, and with these funds being used to pay off the advertised ROIs, the company functions as nothing more than a Ponzi scheme.

Once this investment activity finally dies down, Bitcoin Bank Cycler will eventually be faced with a complete collapse of any and all operations.

The anonymous admin(s) will run away with the majority of all the money that’s been invested in the system, most all affiliates will end up losing out, and that’ll be the end of it.

All-in-all, it’s a pretty typical Ponzi scheme.

I sure hope you have found all the information in this Bitcoin Bank Cycler 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 Bank Cycler.

If you decided to move forward with Bitcoin Bank Cycler, 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 

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