Our Bitcoin Review – Huge Scam Or Legit System?

Our Bitcoin ReviewIf you’ve been paying attention lately, you’ll notice that Our Bitcoin has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with Our Bitcoin as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my Our Bitcoin Review.

Is Our Bitcoin a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of Our Bitcoin.

Read below to find out more.

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What Is Our Bitcoin?

On the official website for Our Bitcoin, you won’t find a single drop of information when it comes to background data on the company.

Try as I did, I was unable to find any mention of who owns Our Bitcoin, where it’s run out of, when it was founded, etc.

All of this is information that’s good to have a solid understanding of whenever you’re looking to join a new MLM opportunity, so the lack of it with Our Bitcoin is a bit troubling to say the least.

The only drop of info I was able to find is that the domain for the website (ourbitcoin.net) was registered on April 20, 2017.

Unfortunately, since the registration for this domain was done privately, it’s impossible to say who the owner of it is or where the registration took place.

Our Bitcoin Scam

What Products Are Being Sold?

On the product line side of things, Our Bitcoin doesn’t have anything to sell or marketing to retail customers.

There are simply no goods or services to speak of here, and as such, the only thing that affiliates can do is market the affiliate membership and try to recruit other people into it.

In MLM, this is one of the biggest red flags that you can come across.

Info On The Our Bitcoin Comp Plan

If you do choose to become an affiliate for Our Bitcoin, your main task will be to gift bitcoin to other members through the use of a 2×6 matrix system.

You start out with this matrix by first gifting 0.01 BTC to another affiliate within the company, and once you send off this initial payment, you are then eligible to receive two payments of 0.01 BTC for yourself from two other people that Joni the company after you.

This right here makes up Level 1 of the matrix, and the remaining levels work out as follows:

  • Level 2 — Affiliates gift 0.015 BTC in order to get the same amount from four other members
  • Level 3 — Affiliates gift 0.03 BTC in order to get the same amount from eight other members
  • Level 4 — Affiliates gift 0.06 BTC in order to get the same amount from sixteen other members
  • Level 5 — Affiliates gift 0.18 BTC in order to get the same amount from thirty-two other members
  • Level 6 — Affiliates gift 0.5 BTC in order to get the same amount from sixty-four other members

What’s worth keeping in mind is that all of these payments are recurring on a monthly basis.

What Will It Cost Me To Join Our Bitcoin?

If you would like to join Our Bitcoin, you’ll need to gift a bare minimum of 0.01 BTC to another affiliate within the company every single month.

In order to truly maximize your earnings with Our Bitcoin, you’ll need to up that gift amount to 0.795 BTC per month.

Any Truth To The Our Bitcoin Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is Our Bitcoin a scam?

From reading above, you might already be thinking Our Bitcoin is a scam.

So, is it?

Is there a Our Bitcoin scam, or is it legit?

To be honest, Our Bitcoin isn’t a complete scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

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And Now, My Our Bitcoin Conclusion

So, just where does all of that leave us with Our Bitcoin?

The niche of bitcoin gifting in the MLM underbelly pretty much died off earlier this year, but even so, there are still a few companies here and there trying to milk as much as they can out of it.

Our Bitcoin is doing just that.

Affiliates join by gifting bitcoin to other members on a monthly basis, and this in turn allows them to receive monthly bitcoin payments from other members as well.

This right here is obviously the makings of a Ponzi scheme, but even so, Our Bitcoin tries to justify its doings with the following bit of copy:

“We are not a Ponzi or HYIP system that sells products with high profit as bait. It is not a pyramid scheme that attracts and Inflict damage many people.”

That’s fine and dandy, but the problem is that Our Bitcoin is nothing but a Ponzi scheme.

Once people stop joining the company and gifting money to one another, it will die off and fade into nothingness.

Most people will lose out while the admin(s) will earn the majority of all the money sunk into Our Bitcoin, so here’s to hoping it dies off sooner rather than later so that not too many people fall for what’s being sold here.

I hope you have gained value from my Our Bitcoin Review.

I have put all the details you need to know here, because all other reviews of Our Bitcoin have been fairly limited with details.

If you do decide to proceed with Our Bitcoin or any business, you’ll find my free training helpful – I will show you how to make money online.

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