Thanks for stopping by to read our BTC Flood Review!
Is this a 2×4 Matrix Bitcoin Cash Gifting scam or actually a legit company? Lets see.
BTC Flood Review – The Company
There is absolutely no information whatsoever on the BTC Flood website signifying who owns or runs the business.
The BTC Flood website domain, btcflood.com, was privately registered on October 10, 2016.
The official BTC Flood Facebook group lists two administrators, Zahid Hussain and Meenakshi Somani.
Zahid Hussain endorses BTC Flood on his personal Facebook page using the referral code “btcfloodadmin” and gives the impression of being the owner of the site.
In 2016 Hussain was endorsing AmazeBTC and ZarFund, both of which are bitcoin cash gifting schemes.
He was also a member with CommHubb, a failed Ponzi pyramid hybrid.
Read on for my complete review.
BTC Flood Product Line
The BTC program has absolutely no retailable products or services, with members only capable of marketing BTC Flood membership itself.
BTC Flood Compensation Plan
The BTC Flood compensation plan has members gift bitcoin to one another through a 2×4 matrix.
Said 2×4 matrix puts a member at the top of a matrix, with two spots directly underneath them:
These two spots form the initial level of the matrix. The second level of the matrix is produced by dividing each of the first two spots into another two spots each (4 spots).
Levels three and four of the matrix are produced in the same manner, holding 8 & 16 spots respectively.
Each and every level of the BTC Flood matrix functions as an independent cash gifting tier.
A BTC Flood member signs up and gifts 0.04 BTC to the member who recruited them. This payment qualifies the member to receive 0.04 BTC from two members recruited into the initial level of their matrix.
The other three matrix levels function in the same way. The one difference would be the amount gifted:
- level 1 – gift 0.04 BTC to the member who recruited you and receive 0.04 BTC from two subsequently recruited members
- level 2 – gift 0.06 BTC and receive 0.06 BTC from four members
- level 3 – gift 0.2 BTC and receive 0.02 BTC from eight members
- level 4 – gift 1 BTC and receive 1 BTC from sixteen members
Take note that level 4 turns into a monthly gifting subscription once a member has received 4 BTC in gifting payments.
BTC Flood membership is completed by a 0.04 BTC gifting payment to the member who recruited you.
Complete participation in the BTC Flood income opportunity costs 1.3 BTC (1 BTC per month after 4 BTC has been received).
BTC – Our Conclusion
After more than likely losing a bunch of money in ZarFund and AmazeBTC, Zahid Hussain has caught on to the fact that it’s far more lucrative to run a cash gifting scam than it is to partake in one.
This is because of the pre-loaded spots, over which Hussain receives the mainstream of funds deposited into BTC Flood.
Some of Hussain’s friends receive what is left over, with the mainstream of members taking a loss when BTC Flood inexorably fails.
Aaron and Shara What Do You Suggest?
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