Bitpays Global Review – Legit Or Scam?

Bitpays Global ReviewRecently, Bitpays Global has been getting a lot of hype on the internet.

I have had people pitching this one to me on a near daily basis, in fact, and I have seen it making the rounds on social media as well.

I want to make it clear I am NOT promoting this business opportunity as an affiliate or distributor in any way.

I have done all my research in this Bitpays Global review do you can learn the honest truth and decide if it’s right for you.

Is Bitpays Global a scam? Is it legit?

Can it really deliver on it’s promises?

Let me tell you in my Review Bitpays Global.

Let’s get started.

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Seriously, What Is Bitpays Global?

Today, the latest company that’s up for my full review goes by the name of BitPays.

As with all of my reviews, the first thing that I looked at with BitPays was their website to see what kind of background information it provided about the company. After carefully reviewing the site, I came away quite disappointed.

BitPays is one of those companies that has made the decision to not provide any sort of background info at all on their company site. This is a theme that I’ve been noticing more and more often with new MLM startups, and it’s a theme that I’d like to see stopped quite soon.

Not offering this background information makes it difficult to judge the validity and legitimacy of a company, and in the case of BitPays, we’re left dealing with nothing more than a faceless opportunity.

These faceless entities have been popping up more and more often  in the world of multi-level marketing, and BitPays does nothing to break the mold of this trend at all.

With that being the case, I decided to take a look at the domain name registration for the BitPays Global website to see if that would provide any additional information on the company or who’s actually behind this whole thing.

The registration for the domain took place on August 2nd of this year, 2016, and the owner for said domain is listed to be someone by the name of “Mathew.” In addition to all of this, there’s also an address provided for someplace in Hong Kong.

However, based off of what I’ve seen in the past, these details seem to be nothing more than absolute bologna.

From here, I decided to take a look at the Alexa rankings for the BitPays Global website. According to these reports, a whopping 92.8% of all the traffic the site receives comes directly out of India. This strongly suggests that this is where BitPays Global is actually running out of, and not Hong Kong like the domain registration suggests.

Bitpays Global Scam

What Products Does Bitpays Global Sell?

In regards to the product line that BitPays Global has set in place, the company doesn’t have any product line at all. With no form of goods or services for affiliates to market and sell to prospective buyers, the only thing that they have at their disposal is the affiliate membership itself.

This is yet another trend that has been taking place a lot more often with more and more MLM startups, but this one is much more serious of a matter.

Omitting the use of a product line with your business model certainly does make the launch of a company much quicker and faster, but it does nothing but create for a heap of problems the further down the road you go.

Product lines allow for retail sales to take place, and retail sales are where legitimate companies get their steady stream of income and revenue.

BitPays Global doesn’t have a product line, so this means that they don’t have any chance at all for retail sales to take place.

Whenever this is the case, we’re often left dealing with a Ponzi scheme of some sort.

Info On The Bitpays Global Compensation Plan

Moving on to the compensation plan, BitPays Global sees that affiliates invest money to get promised ROIs.

These investments can be as much as $10,000, and the three available levels of investment are as follows –

  • Invest between $50 and $500 and earn a daily ROI of 5% for 45 days (total ROI of 225%)
  • Invest between $550 and $2000 and earn a daily ROI of 6% for 45 days (total ROI of 270%)
  • Invest between $2050 and $10,000 and earn a daily ROI of 7% for 45 days (315%)

Something worth noting here is the fact that, in order for an affiliate to actually withdraw the ROI earnings that they make, they must reinvest the amount of money that they initially invested into the company.

Money can also be earned through the referral commissions that the company offers, and these are paid out to affiliates using a rather common and simple unilevel payment system.

Here, the amount of levels that an affiliate can earn on is entirely dependent upon how many other affiliates they’ve recruited to join the company.

How Much To Join Bitpays Global?

In order to become an affiliate for BitPays Global, you’ll be required to make an investment of at least $50. However, that amount can quickly go up to as much as $10,000 if you want to try and maximize your earnings as much as possible.

Seriously, Is Bitpays Global A Scam Or Is This Legit?

As I am sure you have heard with most business opportunities, there are a lot of scams on the internet, and Bitpays Global might be a scam with them.

Having read the review above, you might be wondering if Bitpays Global is legit or completely a scam.

So, is it a scam?

Is Bitpays Global a scam, or can you make a proper business with it?

Honestly, Bitpays Global isn’t a complete scam, but there are definitely some things to be aware of (see the conclusion section).

Whether you decide to join or not, you really need to master your marketing and lead generation.

This is the only way you will be successful.

See below for help with making money online.

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Here’s My Bitpays Global Final Thoughts!

According to the BitPays Global website, “This is a Community of people who are changing the world, people who have no guarantees of repayment of their funds, they donate money to help people, the same simple people as they are, in need at this moment.”

The company is quite clearly trying to sell the idea of “provide help, get help”, which is a Ponzi tactic that’s been around for ages.

BitPays Global is more than likely being run by a group of scammers located in India, and judging by the way the company is structured, I wouldn’t be at all surprised if they had some sort of connection to MMM Global.

The only kind of income I was able to find for BitPays Global is the investments that they’re getting from their affiliates. With this being used to pay off the ROIs of existing affiliates, that’s where you really do see the Ponzi nature of this whole operation.

As it happens with all other Ponzi schemes, BitPays Global will no longer be able to function once recruitment and investment levels die down. This will result in the company not being able to pay off ROIs that they owe to their affiliates, and as it usually goes with these things, the majority of people who decide to get involved will more than likely end up losing out on this deal.

And, as a nice little treat to make matters even worse, the fact that BitPays Global exclusively uses bitcoin to handle all of the payments means that it will be virtually impossible to recover any lost funds.

Hopefully, you have enjoyed this Bitpays Global Review.

I wanted to give you this in-depth review because there have been plenty of other Bitpays Global reviews that don’t really give all the information you need.

If you do decide to join, I want you to be successful, so learn how to market yourself properly.

My FREE training below will help you market and earn money!

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