Thank you for taking the time to read our Bit90x review. Be sure to go through all of it. It's important to learn about an opportunity for you and it's just as important to have a better understanding of the cryptocurrency world.
Money is always a big deal since it makes the world go round, taking the best decision is critical for having success in life.
We're about to see what this MLM is all about, so sit back and grab a cup of coffee. We'll let you be the judge on this potential business opportunity.
Bit90x website doesn't give any info about the owners or CEO's or anyone that could be held accountable for the enterprise.
The Bit90x domain, called bit90x.com was registered four months ago on April 2017.
Through the use of Alexa we discovered that 74% of Bit90x internet traffic starts from the US and India is second with 15%. This means that Bit90x members mostly come from the USA.
The Bit90x website doesn't offer any products or services on retail. Members can only market the company's memberships.
The Compensation Plan
Bit90x Affiliates can start with a Bitcoin investment promising 200% ROI in three months time. Bit90x handles their tiers by calling them hashes, they look like this:
- Accessing Hash-1 Bit90x rewards 0.07 BTC
- Accessing Hash-2 Bit90x rewards 0.1 BTC
- Accessing Hash-3 Bit90x rewards 0.3 BTC
- Accessing Hash-4 Bit90x rewards 0.5 BTC
- Accessing Hash-5 Bit90x rewards 1 BTC
- Accessing Hash-6 Bit90x rewards 2 BTC
- Accessing Hash-7 Bit90x rewards 4 BTC
- Accessing Hash-8 Bit90x rewards 7 BTC
- Accessing HashTrade Bit90x rewards 10 BTC
- Accessing Hash-PowerX Bit90x rewards 30 BTC
Bit90x pays residual commissions through a binary tree structure.
We've mentioned in the past that the Bit90x binary tree structure puts an affiliate at the top, then that tree divides itself into two:
Level one can store two positions, then the second level is created by dividing these positions into two as well (4 positions in total).
After that, more levels in Bit90x are required as needed. Each new tier can store twice the quantity of positions as the level after it.
These positions can be filled through direct and indirect recruiting of members. The system doesn't establish limits on how far can a tree go in growth.
When the day ends, the company gathers the income on the whole binary tree.
After that, the company pays its members a percentage based on the income made from the weak side of the tree (worst case scenario). In the end, it comes down to this:
- Members that are in Hash-1 can earn a 5% residual binary commission
- Members that are in Hash-2 can earn a 6% residual binary commission
- Members that are in Hash-3 can earn a 7% residual binary commission
- Members that are in Hash-4 can earn a 9% residual binary commission
- Members that are in Hash-5 can earn an 11% residual binary commission
- Members that are in Hash-6 can earn a 13% residual binary commission
- Members that are in Hash-7 or HashTrade can earn a 16% residual binary commission
- Members that are in Hash-PowerX can earn a 20% residual binary commission
Joining in Bit90x
Joining as a member of the company can be done without any cost. Nevertheless, members have to make an investment of 0.07 BTC (up to 30 BTC) to take part in the business opportunity.
The Final Word
The company features a sales pitch that promises anyone that wants to sign in to double your BitCoins in three months.
The way to do this is by trading cryptocurrency, they mention also that in 90% of the time trades leave a profit for members.
This, of course, is just sweet talk, Bit90x doesn't hand out any hard evidence that confirms that there is any way of cryptocurrency happening.
The only verifiable source of money is the one coming from members. The only thing is that income used to pay investors that 200% ROI in three months. That, my friends, is where the Ponzi scheme is revealed.
Statistics say that these Bitcoin doubling structures make companies run out of money after the first half of the ROI maturity period has passed.
The doubler structure can extend its lifetime as long as members sign in the business opportunity. But, if there are withdrawals are made, all bets are off once the ROI reaches 100%. The doubler will inevitably fall.
The scammers in all of this run away with the money before the 100% ROI mark is reached. That's some sneaky business eh?
We remind you that when a company (in this case an MLM one) is not transparent on who runs it, that's usually not a good sign.
My little piece of advice is to stay away from this one if you don't want to throw money down the sink of course.
Aaron and Shara What Do You Suggest?
That being said, if you have never marketed online or offline before, finding people could be very difficult for you.
We know when we first started trying to make money online, we failed miserably and we had no idea how to recruit.
That is why, we first started out by learning how to become a good marketers, but you don't have to be a good marketer at all!
If you don’t want to be in a business that requires you to host home parties or call all your friends and recruit your family to buy your stuff no worries.
We will keep you updated where you can build a business online where you don’t have to recruit anyone.
You will learn step by step on how to build a profitable business online WITHOUT having to market or recruit anyone else!
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