Hello and thanks for reading my Bitcoin Golem Review
If you’re looking for the best way to make money online, then Bitcoin Golem might be an opportunity that has sparked your interest.
Has a Bitcoin Golem affiliate already approached you and you now want to check whether the company is legit or some sort which will end up with you losing your money.
I don’t blame you for wanting to find out more, because often in the world of MLM, things aren’t always what they seem.
I’ve got your back covered as far as Bitcoin Golem goes, because I’ve done all the research for you so you can make an informed choice.
In this Bitcoin Golem review I’ll be pulling apart this opportunity to determine seeing what their compensation plan looks like, and if they treat their affiliates fairly.
Let’s check them out…
Bitcoin Golem Review – What can you tell me about the Company?
First I checked the domain registrar and found that BitcoinGolem.com was registered on March 23rd 2017.
They left no information in the registrar about who they are so next I looked at their actual website. A man by the name of Dominic Graham is listed as the sole director of the company with an address in London.
IK wanted to find out some more, so I did some research and uncovered that the same address is also used for a man by the name of Dominic Waters, the Director of a company called Lensen Group LTD.
Lensen Group is Ponzi scheme that promises through its investment plans, a ROI of 110% in 10 days. I don’t recommend any sort of Ponzi scheme because the vast majority of people who invest in them lose their money.
So I bet you’re wondering if Dominic Graham and Dominic Waters are the same person seeing as they share the same first name and address. I thought so to, except their birthdates are also given which are different.
So does either Dominic actually exist. Possibly not. If this company is running a Ponzi scheme, then we can’t trust anything they say or do.
But for now, let’s move on and look at the products on offer in this opportunity.
Bitcoin Golem Review – What does the Product Line-up look like?
Unfortunately, there is no product range for Bitcoin Golem. This is yet another company that only has the affiliate membership itself for affiliates to market and sell.
A legit MLM company should always offer products and services for affiliates to market and sell.
So red flags all round so far. Next up, let’s look at their compensation plan
Bitcoin Golem Review – How does the Compensation Plan Look?
If you were to join this opportunity as an affiliate, then you would need to invest Bitcoin currency for the promise of an hourly and 15-day ROI payout.
Here is what they offer: –
- Hourly Plan – invest 0.01 BTC to 2500 BTC and receive a perpetual 1% hourly ROI
- After Plan – invest 0.05 BTC to 2500 BTC and receive a 9000% ROI after 15 days
- VIP Plan – invest 15 BTC to 2500 BTC and receive a 7000% ROI after 15 days
There are also referral commissions avaialbe which are paid out using a unilevel compensation structure. Its capped at 5 levels of recruitment and here are the percentages you can expect to be paid when a person you have recuited joins up and invests.
- Level 1 – 5%
- Level 2 – 2%
- Level 3 – 1%
- Level 4 – 1%
- Level 5 – 1%
How much is it to join Bitcoin Golem?
To get started with Bitcoin Golem as an affiliate, it will cost you an investment of between 0.01 and 2500 BTC
Should you invest in Bitcoin Golem or is it a scam?
What this scheme is offering is a blatant scam. There is no way on this planet that they can offer a 9000% return on investment in 15 days.
If I knew how to do that I wouldn’t share that with anyone! So why would they be trying to recruit people all over the internet??
Because it’s a Ponzi scam where the money being generated is not from their supposedly expert team of Bitcoin traders, but from hopeful people like you and me handing over our hard earned money which we will undoubtedly lose.
If you are serious about building a home based business, there are better MLM companies out there that do offer products and services which you could market and sell as an affiliate.
Sign up in the box to the right to find out more.
Well, I hope you found this Bitcoin Golem Review interesting, and as always, if you have any questions, please leave them in the comments section below.
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