MLS Bitcoin Club Review – Legit Or Scam?

MLS Bitcoin Club ReviewRecently, MLS Bitcoin Club 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 MLS Bitcoin Club review do you can learn the honest truth and decide if it’s right for you.

Is MLS Bitcoin Club a scam? Is it legit?

Can it really deliver on it’s promises?

Let me tell you in my Review MLS Bitcoin Club.

Let’s get started.

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Seriously, What Is MLS Bitcoin Club?

To my disappointment, there’s no real background data to be found anywhere on MLS Bitcoin Club’s website. There’s no mention of who the owner is, where it’s based out of, when it was found, etc., etc.

The domain name for MLS Bitcoin Club’s site was registered earlier this year on May 4, 2017. The owner for the domain is listed as Darry Perkinson from WBI Enterprises LLC, and there is also an address listed in Georgia in the United States.

Following some additional research, it’s clear that MLS Bitcoin Club was first launched as MLS International BitCoin Club around six months ago.

Before getting involved with MLS International Bitcoin Club, Perkinson was seen actively promoting a lead generation business by the name of Conversion Pros.

Going back to MLS, this apparently stands for “Massive Leverage System.”

Massive Leverage System is another company that Perkinson created, and on its website, it’s stated that MLS is a type of “private community” with the goal of being able to “deliver $10,000.00 (or more) in recurring income.”

MLS is different from MLS Bitcoin Club, and my current assumption is that MLS Bitcoin Club is a part of the entire MLS picture.

Lastly, Darry Perkinson has also been involved with the likes of Karatbars International and OneCoin — a pyramid and Ponzi scheme respectively.

MLS Bitcoin Club Scam

What Products Does MLS Bitcoin Club Sell?

In regards to a product line, MLS Bitcoin Club doesn’t really have anything to offer along these lines.

Not a single thing is being marketed or sold to retail customers, and this means that affiliates only have the affiliate membership itself to offer to people that are interested in joining the company.

If/when someone does decide to become an MLS Bitcoin Club affiliate, they’re then given the opportunity to buy positions within the company’s matrix cycler system.

Along with access to the income opportunity, these matrix positions also come with access to “education” materials.

On the subject of the “education” that MLS Bitcoin Club is offering, the company says that it is —

 one of the best in the marketplace today that teaches everything you wanted to know about cryptocurrency to include our number one product of bitcoin.

1- You’ll learn how to buy and sell bitcoin.

2- How to protect your bitcoin from hackers, as well as company own wallets.

3- You’ll learn why you need different wallets that include hot wallets, warm wallet’s and cold wallets.

4- You’ll learn about building your own portfolio that may include bitcoin.

5- You’ll learn how to include bitcoin in Your Own IRA accounts

6- and a lot more…”

Info On The MLS Bitcoin Club Compensation Plan

Going back to the matrix system, this is a nine-tiered setup that MLS Bitcoin Club is using with a 2×2 layout.

Affiliates first get started with the matrix by buying a position for 0.04 BTC, and after filling all six of the positions within that first tier, affiliates then get paid a commission of 0.02 BTC and move up to the second tier.

Each time you complete a tier within the matrix, you earn a commission and cycle up to the next level until you’re at the very end.

The payout for each tier is as follows:

  • Tier 1 — Commission of 0.02 BTC
  • Tier 2 — Commission of 0.1 BTC
  • Tier 3 — Commission of 0.1 BTC
  • Tier 4 — Commission of 0.5 BTC
  • Tier 5 — Commission of 1 BTC
  • Tier 6 — Commission of 3 BTC
  • Tier 7 — Commission of 3 BTC
  • Tier 8 — Commission of 6 BTC
  • Tier 9 — Commission of 36 BTC

How Much To Join MLS Bitcoin Club?

If you’re interested in giving MLS Bitcoin Club a shot, you’ll need to purchase a matrix position and an admin fee for a total cost of 0.0455 BTC.

Seriously, Is MLS Bitcoin Club 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 MLS Bitcoin Club might be a scam with them.

Having read the review above, you might be wondering if MLS Bitcoin Club is legit or completely a scam.

So, is it a scam?

Is MLS Bitcoin Club a scam, or can you make a proper business with it?

Honestly, MLS Bitcoin Club 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 MLS Bitcoin Club Final Thoughts!

Similar to the parent MLS website, MLS Bitcoin Club also appears to be a self-proclaimed “membership site.”

As per MLS Bitcoin Club’s website, “MLS International Bitcoin Club is a Membership Site (Nothing to Sell, No Monthly Fees).”

MLS Bitcoin Club reports that its affiliates can triple their bitcoin via “member to member” payments throughout the company, and because of this, MLS Bitcoin Club reveals itself to be both a cash gifting and Ponzi scheme.

The cash gifting nature is seen with those “member to member” payments, and because ROIs are paid to affiliates on funds sent in by other members, we got the lovely Ponzi setup.

Similar to other MLM entities along these lines, MLS Bitcoin Club will collapse following a drop in recruitment and investment activity.

The majority of affiliates that get wrapped up with MLS Bitcoin Club are essentially guaranteed to lose out because of this setup, and along with this, only Perkinson and any other admins involved will earn anything of real value.

Assuming that Massive Leverage System works in a similar way to MLS Bitcoin Club, it looks like your best bet is to avoid both of them like the plague.

Hopefully, you have enjoyed this MLS Bitcoin Club Review.

I wanted to give you this in-depth review because there have been plenty of other MLS Bitcoin Club 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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