Simple Bit Matrix Review – Good Opportunity Or Big Scam?

Simple Bitcoin Matrix ReviewHave you been hearing a lot about Simple Bit Matrix lately?

There is a lot of hype happening for Simple Bit Matrix, and people are pitching the opportunity all over the place – especially on social media.

The first thing I should tell you is that I am not associated with Simple Bit Matrix in any way.

I have gathered all the pertinent facts about this opportunity in my Simple Bit Matrix Review so that you can know the full truth before signing up.

Is Simple Bit Matrix a scam? Or is it really legit?

Will I be able to make real money with it?

I tell you all in my Review of Simple Bit Matrix.

Let’s get going!

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What Is Simple Bit Matrix Exactly?

On the official website for Simple Bit Matrix, you won’t find any information relating to who owns the company, who manages the day-to-day operations, where it’s being run out of, etc.

The overall look of the site is fine, but when it comes to background data, Simple Bit Matrix is lacking quite a bit.

Moving from this, the domain name (simplebitmatrix.com) was initially registered last month on June 22, 2017. Unfortunately, seeing as how the domain name was registered privately, there’s no way of knowing who owns the domain or where the registration took place.

Simple Bitcoin Matrix Scam

What Will I Be Selling With Simple Bit Matrix?

Moving over to the product line side of things, this is another area where Simple Bit Matrix leaves a lot to be desired.

Nothing is being sold or marketed to retail customers, and as a result of this, affiliates for the company only have the affiliate membership to offer to folks that may be interested in joining the attached income opportunity.

A setup like this within an MLM opportunity is never a good sign, as it’s usually a good indicator the you’re involved with a scheme or scam of some sort.

Retail sales is often the backbone for multi-level marketing, and in a company with no proper product line, these retail sales cannot exist.

What Should I Know About The Compensation Plan For Simple Bit Matrix?

Moving over to the product line side of things, this is another area where Simple Bit Matrix leaves a lot to be desired.

Nothing is being sold or marketed to retail customers, and as a result of this, affiliates for the company only have the affiliate membership to offer to folks that may be interested in joining the attached income opportunity.

A setup like this within an MLM opportunity is never a good sign, as it’s usually a good indicator the you’re involved with a scheme or scam of some sort.

Retail sales is often the backbone for multi-level marketing, and in a company with no proper product line, these retail sales cannot exist.

What’s The Membership Fee For Simple Bit Matrix?

In order to join Simple Bit Matrix, you’ll need to hand over a minimum gift payment of 0.0006 BTC.

However, if you’d like to maximize your earning potential, you’ll need to gift more money.

Is Simple Bit Matrix Really A Scam?

If you’re like me, you’ve been researching Simple Bit Matrix and you may have heard that it is a total scam.

From what you have read above, you may not be able to tell if it is legit or not.

So, is it really a scam?

Is Simple Bit Matrix a scam, or can you trust the company?

I would say Simple Bit Matrix isn’t a complete scam, but there are definitely some things you should be cautious of – check out the conclusion to find out what those are.

Being prepared will help you be successful. Also, see below to get my tips for making money.

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My Conclusion For Simple Bit Matrix

Suggestive from the name of the company, Simple Bit Matrix is a pretty simple cash gifting scheme that uses bitcoin rather than real cash.

You join the company as an affiliate by gifting 0.0006 BTC to another affiliate, and by doing this, you can then get gift payments from other people that join the company after you.

Looking at Simple Bit Matrix from the math side of things, one single gift payment of 0.0006 BTC creates for an ROI liability of 293 BTC.

As such, Simple Bit Matrix needs at least 488,333 people to gift 0.0006 BTC just to fulfill one single ROI.

Consequently, a setup like this means Simple Bit Matrix will be on its way out the door the second the affiliate recruitment dies down.

Most people who get wrapped up with Simple Bit Matrix will likely not make back the money they initially gifted, and as per the company’s refund policy —

“Are There Any Refunds On Positions Purchase?

Your Positions purchases are NON-REFUNDABLE.”

Simple Bit Matrix makes it clear that it has no intentions of refunding your money after you gift it, and this is because the admin(s) for the company have one goal and one goal only — Get a lot of people to invest, gather up a good chunk of change, and then run for the hills while everyone else is left to lose out.

I sure hope you have found all the information in this Simple Bit Matrix Review helpful.

Some reviews may be biased or trying to sell you something else, so I wanted you to have all the details from someone not affiliate with Simple Bit Matrix.

If you decided to move forward with Simple Bit Matrix, you’ll still need help marketing yourself.

My FREE training will help you with that.

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