Gain Bitcoin Review – Huge Scam Or Legit System?

Gain Bitcoin ReviewAll around the internet, Gain Bitcoin has been getting lots of buzz.

It would not surprise me if you told me you’ve heard of it, or someone has pitched it to you.

It’s also really popular on social media.

This first thing you should know is that I am NOT an affiliate or distributer for Gain Bitcoin.

Is Gain Bitcoin truly a scam?

Can you build a solid business with Gain Bitcoin?

I have gathered all the details about Gain Bitcoin so you can make an informed decision.

I’ll tell you everything you need to know in my Review Of Gain Bitcoin.

Let’s get started.

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

What The Heck Is Gain Bitcoin?

Right off the bat, Gain Bitcoin makes a fairly poor first impression with its official website. I wasn’t able to find any information in regards to who’s running the company or where in the world it’s based out of, and this lack of info is never a good thing to come across.

Gain Bitcoin’s domain name (gainbitcoin.com) was first registered back on March 26, 2013, and the owner is listed as Mark Lee with an address in Singapore mentioned as well.

I tried doing a bit of research into Mr. Lee, but the only thing I was able to find was a LinkedIn profile that cites Lee as being the CEO for Gain Bitcoin. Aside from that one piece of info, the LinkedIn profile is completely empty.

And, with that said, that empty LinkedIn profile is pretty much the only source of information I was able to find on Mark Lee outside of the Gain Bitcoin website.

New Delhi is listed as the location for Lee on the LinkedIn page, and if this is to be believed, Mark Lee is the CEO of a Singapore-based company while residing over in India.

That doesn’t make a lot of sense at all, and for all intents and purposes, it’s very likely that the Mark Lee listed within the domain registration details doesn’t actually exist at all.

With that said, further research into the Gain Bitcoin website reveals that the company belongs to another entity in Singapore by the name of VariableTech PTE LTD. Along with this, the “Team and Company Information” section of the Gain Bitcoin website sends users to a PDF file that contains information about the company Amaze Mining and Research LTD.

If we head over to the Amaze Mining and Research LTD website, we can see that the company claims to have, “produced up to 200% yearly returns on the investment in Alt-coin Mining.”

Amit Bhardwaj is the current CEO for Amaze Mining and Research, and his location is currently that of India.

As the cherry on top to all of this, there was a video that surfaced earlier this year featuring Bhardwaj talking about Gain Bitcoin and how it offered a 10% monthly ROI. That video has since been deleted, and although there’s no statement saying that Bhardwaj is the owner of Gain Bitcoin, it would appear that he is considering all of the info that I was able to come across.

Gain Bitcoin Scam

What Are The Gain Bitcoin Products?

On the product line side of things, there’s nothing to see at all with Gain Bitcoin. The company isn’t selling any goods or services to retail customers, and as such, affiliates for the company are left with just the affiliate membership to market to people that may be interested in it.

This is a theme that’s often seen with companies that exist within the MLM underbelly, and it’s usually a telltale sign that you’re dealing with some sort of scheme or scam whenever retail activity is nonexistent within an opportunity like this.

What About The Compensation Plan For Gain Bitcoin?

The primary way that affiliates earn money through Gain Bitcoin is by investing real money into bitcoin mining packages. These packages are advertised to come with a monthly ROI of 10% that pays for a total of 18 months.

The eventual ROI that affiliates have access to is a whopping 180%, and the three plans that cam be invested in are as follows —

  • Basic Plan — Affiliates invest 1 BTC in order to get a 10% ROI every month for 18 months (eventual earnings of 1.8 BTC)
  • Amaze A3 — Affiliates invest 4.85 BTC in order to get a 10% ROI every month for 18 months (eventual earnings of 8.73 BTC)
  • Amaze A5 — Affiliates invest 13.75 BTC in order to get a 10% ROI every month for 18 months (eventual earnings of 24.75 BTC)

Along with this, affiliates can also earn a direct commission of 5% whenever they personally recruit someone new to join Gain Bitcoin that chooses to invest money as well.

Residual commissions also exist within the Gain Bitcoin setup, and this money is paid out to members via a binary structure.

What’s The Cost Of Joining Gain Bitcoin?

If you’d like to become an affiliate for Gain Bitcoin, you’ll need to make an investment between 1 BTC and 13.75 BTC into one of the bitcoin mining packages.

Similar to other investment opportunities along these lines, choosing to dump more and more money into the company will increase your earning potential through the offered ROI.

So, Is There A Gain Bitcoin Scam Going On?

Have you heard that Gain Bitcoin is a scam?

It’s hard to tell if this is true or not, because a lot of people are just trying to sell you something.

So, from reading this, is Gain Bitcoin a scam or is it legit?

I would say not exactly, but there are a few things to watch out for, find out what in the conclusion.

Learning about these things will make you successful – and see below for my FREE training on how to market yourself.

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

Finally, My Gain Bitcoin Review And Conclusion!

On the Gain Bitcoin website, the company makes a promise of “guaranteed returns” —

“Using our proprietary methodology and years of experience in mining we are always able to beat the rues [sic] of difficulty & hence able to deliver a consistent Mining Outputs to our customers.”

You can never guarantee someone that they’re going to earn money off of an investment, and this holds just as true when talking about bitcoin mining.

However, this doesn’t really matter as there’s no actual proof that bitcoin mining is taking place within Gain Bitcoin.

The fact of the matter is that the only source of income for the company is that of affiliate investments.

Newly invested funds are recycled to pay of ROIs that are owed to existing members, and this makes Gain Bitcoin a Ponzi scheme.

The Gain Bitcoin Facebook page also hints that Gain Bitcoin is linked to BigCoin and OneCoin. The former was another Ponzi points scheme that launched in 2013, and the latter is currently one of the largest Ponzi schemes in operation to this very day.

This information aside, Gain Bitcoin on its own will fail and collapse once recruitment and investment activity inevitably dies off. This will result in the company not being able to pay out the ROI that it’s offering to everyone, and the admin will then make off with whatever money they’ve pocketed during the lifespan of Gain Bitcoin.

Did you find this Gain Bitcoin Review useful?

I wanted to gather all the details for you, because I have noticed other Gain Bitcoin reviews have been scant on details.

If you decide to proceed with Gain Bitcoin, I want you to be successful.

Get my free training that teaches you my methods.

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

Speak Your Mind

*