Top Bitcoin Review – Legit Or Scam?

Top Bitcoin ReviewHave you been paying attention to all of the hype for Top Bitcoin?

If you told me someone had pitched the opportunity to you lately, this wouldn’t surprise me. It’s making all the rounds on social media lately.

Next, I want to tell you that I am neither an affiliate or distributor for Top Bitcoin – I want to give you an unbiased opinion.

Is it a scam? Can you trust Top Bitcoin?

Read all about it in my Top Bitcoin review so you can learn the full truth!

Does it deliver on the promises in the marketing materials?

Let me explain in my review of Top Bitcoin.

Let’s carry on.

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What Can You Tell Me About Top Bitcoin?

With Top Bitcoin, its official website doesn’t explain anything about the background of the company at all.

I tried looking for info on who owns Top Bitcoin, when it was founded, where it’s based out of, and more. Unfortunately, there isn’t any such data to be found.

As for the domain name registration, the situation is very similar here as well.

It’s easy to see that the domain was registered on March 17 of 2016, but the other info that’s provided for the owner and address is quite obviously a bunch of bologna.

Alexa rankings for Top Bitcoin’s site currently indicate that Italy accounts for the largest source of traffic at 44%. Behind that in second and third place is Germany with 40% and Pakistan at 15% of all traffic.

With this information in mind, it’s safe to say that whoever is running Top Bitcoin is doing so out of one of these three countries. Unfortunately, that’s about as specific as I can get in this particular situation.

Top Bitcoin Scam

Does Top Bitcoin Offer Any Products?

In regards to the product line that Top Bitcoin is bringing to the table, this is another area where there’s really not a whole lot to talk about at all.

Top Bitcoin is following the likes of other opportunities I’ve reviewed lately by not offering any goods or services for retail customers to purchase, and as common as this has become, it’s still one of the last things you want to run across with a business in the MLM niche.

Retail sales are absolutely key to a legitimate MLM setup, and without a product line in place, it’s impossible for any retail activity to occur.

The only thing that affiliates have to offer to interested parties is the affiliate membership and nothing more.

What Kind Of Compensation Plan Does Top Bitcoin Have?

When it comes to the compensation plan that Top Bitcoin has to offer, affiliates are able to earn some profit by gifting bitcoin to one another through a 2×1 matrix system.

Positions within this matrix setup are filled whenever new or existing members send gift payments off to one another, and right up until April 6 of this year, affiliates were required to send a gift payment of 0.03 BTC in order to get things started.

Top Bitcoin has since removed this information, so it’s not certain as to whether or not this amount has remain unchanged or not.

Whatever has taken place here, once this first payment has been sent off, the affiliate that gifted it is then eligible to receive an unknown amount of bitcoin from two other members that join the matrix after them.

Once these two other affiliates are recruited into Top Bitcoin, that matrix is closed and the affiliate has the option of sending off another gift payment if they’d like to go through the system once more.

What Is The Cost Of Membership With Top Bitcoin?

If you’d like to get affiliated with Top Bitcoin, you’ll need to gift a certain amount of bitcoin to another member within the company.

This amount was previously set at 0.03 BTC, but it’s unknown at the time of this writing whether or not that amount has changed or not.

Should I Be Worried About A Top Bitcoin Scam?

Every business opportunity on the web has good reviews and bad reviews – so is Top Bitcoin really a scam?

Is there a Top Bitcoin scam or is this business legit?

If I am being honest, I’d say it’s not really a scam, but there are some important points to be aware of.

Learning the business weaknesses and having a strong marketing strategy is what will make you successful.

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Conclusion for Top Bitcoin

Top Bitcoin is just like every other bitcoin-based cash gifting scheme that I’ve reviewed, with the one exception the the company doesn’t clearly mention how much money needs to be gifted in order to get started with the opportunity.

It’s hard to make a cash gifting scheme worse that it typically is, but this sure as hell is one of the few ways to actually go about doing that.

The website for Top Bitcoin describes the company as a “donation platform peer-to-peer software 100%”, and after going through the site a bit more, you’ll come across this following bit of copy —

“How does it work? Get double any amount of money you choose to invest in this investment platform within 48 hours.”

All this is describing is the nature of the 2×1 matrix.

You gift a certain payment, you get that same amount back twice through the two positions in the matrix below you.

There’s nothing special at all about Top Bitcoin, and like every other cash gifting scheme that has come before it, the company will collapse once recruitment eventually dies down. This will see overall activity within Top Bitcoin essentially coming to a dead stop, and this is where things crumble.

The anonymous admin(s) will run off with the majority of all the money that’s been gifted into Top Bitcoin, whereas everything else who’s joined will likely end up losing out.

And, thanks to the exclusive use of bitcoin, it’ll be pretty much impossible to recover any lost funds.

I hope you are finding the information in my Top Bitcoin Review helpful?

Some of the other reviews I saw had very little details, so I am hoping I gave you everything you need here.

If you’re wanting to become a member of Top Bitcoin, make sure you take the time to develop a marketing strategy.

And, my FREE training below will help you do that and make money!

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