BitConcent Review – Good Opportunity Or Big Scam?

BitConcent ReviewRecently, this business has been getting a lot of attention.

In fact, there is lots of hype and buzz going around including people pitching it left, right and centre.

I’ve noticed a lot of people pitching it on social media.

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 BitConcent Review so you can learn the full truth about it!

Is the business legit or a scam?

Does it deliver on it’s promises?

I explain in my Review of BitConcent before you.

Let’s get started.

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What The Heck Is BitConcent?

On the official website for BitConcent, there’s not much to see in regards to background data.

Despite looking around as much as possible, I was unable to find any mention of who owns BitConcent, where it’s located, when it was founded, or anything else along these lines.

The domain name for BitConcent’s site was registered on September 24 of 2017, but because the registration was done privately, it’s impossible to tell where this took place or who the domain owner is.

Aside from that, there’s really not much of anything to see.

Bitconcent Scam

What Are The BitConcent Products?

As for Bitconnet’s product line, you’re looking at even more disappointment.

BitConcent isn’t marketing or selling a single thing to retail customers, and because of this, there’s no chance for retail sales activity to exist.

The one and only thing BitConcent affiliates have to offer is the affiliate membership, and in most cases, this is something that’s only seen with opportunities in the MLM underbelly.

What About The Compensation Plan For BitConcent?

Moving along to the compensation plan that’s at hand, BitConcent members are asked to buy BTCC points from the company.

These points cost around $1.50 each, and after affiliates get their hands on them, the points can then be lent back to BitConcent’s owners so affiliates can start earning an ROI.

There are a few different levels of investment that BitConcent members can choose from, and they work out as follows:

  • Members invest 50 to 1000 BTCC to earn a daily ROI
  • Members invest 1001 to 5000 BTCC to earn the ROI and 0.1% bonus
  • Members invest 5001 to 10,000 BTCC to earn the ROI and 0.15% bonus
  • Members invest 10,001 to 50,000 BTCC to earn the ROI and 0.2% bonus
  • Members invest 50,001 to 100,000 BTCC to earn the ROI and 0.25% bonus
  • Members invest 100,001 BTC or more to earn the ROI and 0.3% bonus

BitConcent pays a monthly ROI up to 45% for 90 days, and along with the above plans, affiliates can choose to invest into BitConcent Gold points (BTCCG) to earn even more cash. However, you’ll pay more for these at $10 per point.

Additionally, BitConcent affiliates have the opportunity to earn more through referral and residual commissions. The former is handled via a unilevel system, whereas the ladder uses a binary setup.

What’s The Cost Of Joining BitConcent?

If you’re interested in joining BitConcent, you can initially do so for free. With that said, doing so will only allow you to earn on referral commissions.

To earn on referral commissions and the offered ROI, you’ll need to invest a minimum of 50 BTCC.

So, Is There A BitConcent Scam Going On?

So, like with all business opportunities, you will hear things around the internet about there being a BitConcent scam or something like that.

And from what you have read, you may also wonder if this is legit or a complete scam.

So, what’s the truth?

Is there a BitConcent scam going on or is this legit?

Well, to be honest, BitConcent is not really a proper scam or anything like that.

But there are some things to be aware of (see conclusion section).

That is how you will be successful.

See below for help with making money.

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Finally, My BitConcent Review And Conclusion!

Although BitConcent tries to sell the idea that affiliates “hold on” to points to earn an ROI, this is simply another way of referring to affiliates lending points.

As people join, they exchange real money for BTCC and BTCCG points. Both are touted as ICOs, and while the idea is that you’ll be able to convert these into big earnings, that’s not the case.

ICOs are extremely popular in the MLM underbelly right now, and BitConcent is nothing more than a Ponzi scheme trying to cash in on this craze.

The lack of a product line is a big red flag, and because of this, newly invested funds are used to pay ROIs owed to other members.

This is never OK, and if you ever get involved with a company that does this, you can kiss all of your invested money goodbye.

Hopefully, you have found my BitConcent Review useful.

I wanted to give a lot of details because there have been other reviews of BitConcent which were a bit thin on the detail side.

No matter what happens, if you really want to succeed with any business, you have to learn how to market properly.

And, my training below will help you do that and make money!

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