Stack My Bits Review – Legit Or Scam?

Stack My Bits ReviewHas someone approached you lately about joining Stack My Bits?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with Stack My Bits.

I simply wanted to gather all the details here for you in my Stack My Bits Review so you can make an informed decision.

Is Stack My Bits truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of Stack My Bits.

Let’s get going!

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

What The Heck Is Stack My Bits?

With Stack My Bits, you won’t find any fashion of background information on the company’s official website. Info on who owns the business, when it was created, and where it is being run out of is nowhere to be found, and this is never something I like coming across when conducting these reviews.

If we move things over to the domain name registration, however, we’re able to find some helpful data.

Along with being registered on March 18, 2017, the registration also shows that the owner goes by the name of Optimus Dale and an address in Arkansas of the United States is provided as well.

Optimus Dale is an alias that a man by the name of Sherm Mason has used from time to time throughout his involvement with the MLM underbelly, and boy does this guy have a history of MLM schemes and scams.

Mason first got started with MLM back in 2011 as the admin for Magnetic Builder. Magnetic Builder was nothing more than a recruitment scheme that saw affiliates join for $29.95 a pop, and this was followed up by a host of other scams throughout 2015.

During this year, Sherm Mason launched Paradise Payments, Magnetic Gratitude, Summer Fun Matrix, 3×9 Millionaire Machine, and Instant Pay Christmas. All of these opportunities were either cash gifting or Ponzi schemes, but the story trail doesn’t end there.

In 2016, Sherm found himself behind another set of underbelly scams, including Elite Pay Alliance, 5 Dolla Money Lines, Adstraordinary, and Cash Rally GPS.

Throughout this year of 2017 alone, Mason has already served as the admin of Easy Odds, Just Got Bitcoin, and 1 Big Bitcoin Team — all three of which were cash gifting schemes.

Mason’s most recent scam is that of 1 Big Bitcoin Team, but despite having launched just about a month ago, the opportunity already seems to have collapsed.

As a result of this shut down, Mason is back at things again with Stack My Bits.

Stack My Bits Scam

What Can You Tell Me About The Stack My Bits Products?

On the product line side of things, there’s not a lot to talk about at all when it comes to Stack My Bits.

You won’t find any goods or services being sold to retail customers, and this is because there’s no real product line to speak of at all.

The lack of a product line means that affiliates have nothing more than the affiliate membership to offer to interested individuals, and this also creates for a situation in which it’s impossible for any retail sales activity to take place.

Retail sales are one of the main components for any legit opportunity, so the lack of them here is a very, very telling sign of what kind of company we’re dealing with.

What Can You Tell Me About The Stack My Bits Compensation Plan?

Looking through the compensation plan that Stack My Bits is bringing to the table, affiliates for the opportunity are asked to gift bitcoin among each other. This gifting activity is tracked through Stack My Bits’ 2×10 matrix system, and the first level of it sees members gifting 0.002 BTC to the person that originally got them to join the company.

When an affiliate sends this money off, they are then able to receive the same amount of 0.002 BTC from two other people that join the first level of the matrix after them.

This is essentially how the entirety of the matrix works, with the other levels breaking down as follows —

  • Level 2 — Affiliates must gift 0.002 BTC so they can earn 0.002 BTC from four other members
  • Level 3 — Affiliates must gift 0.004 BTC so they can earn 0.004 BTC from eight other members
  • Level 4 — Affiliates must gift 0.002 BTC so they can earn 0.002 BTC from sixteen other members
  • Level 5 — Affiliates must gift 0.002 BTC so they can earn 0.002 BTC from thirty-two other members
  • Level 6 — Affiliates must gift 0.004 BTC so they can earn 0.004 BTC from sixty-four other members
  • Level 7 — Affiliates must gift 0.002 BTC so they can earn 0.002 BTC from one hundred and twenty-eight other members
  • Level 8 — Affiliates must gift 0.002 BTC so they can earn 0.002 BTC from five hundred and twelve other members
  • Level 9 — Affiliates must gift 0.004 BTC so they can earn 0.004 BTC from two thousand and forty-eight other members
  • Level 10 — Affiliates must gift 0.004 BTC so they can earn 0.004 BTC from eight thousand one hundred and ninety-two other members

Are There Membership Fees For Stack My Bits?

If you have any interest in becoming an affiliate for Stack My Bits, you’ll need to send a minimum gift payment of 0.002 BTC to the affiliate that initially recruited you to join the company.

With that said, that amount will need to be increased to 0.028 BTC if you’d like to fully participate in everything that the compensation plan has to offer.

Is Stack My Bits A Scam?

If you’ve come across a review that says Stack My Bits is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about Stack My Bits? Is it really a scam, or is it legit?

I would say no, not exactly. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About Stack My Bits?

Sherm Mason is currently on track to launch one cash gifting scheme per month throughout 2017, and Stack My Bits is nothing more than the four iteration of this process.

Stack My Bits is a dead simple bitcoin-based cash gifting scheme, with affiliates simply sending funds to one another through a matrix system in order to hopefully come out on top.

However, like all schemes that have previously been launched by Mason, Stack My Bits won’t go anywhere at all.

All money that’s dumped into Stack My Bits is passed right on up to Mason, and once gifting activity eventually dies down, Sherm will make off with whatever he’s earned and then launch another scam with a similar setup and a different name.

Most of Sherm’s opportunities don’t last more than a few weeks at a time, and I don’t expect Stack My Bits to be any exception to this rule.

I hope that you are able to use my research in my Stack My Bits Review to make a decision.

If you do decide to become an affiliate with Stack My Bits, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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

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