Thanks for stopping by to read our Cointherum Review.
Looking for a Cointherum Review? You’re in the right place. Today we are looking at Cointherum and we are going to share our full review. If you’re wondering whether it’s a scam or a legit company keep reading as we will reveal everything. Also we are not an affiliates for Cointherum so you can expect and honest review and not just another sales pitch like other reviews do!
Cointherum Review
Cointherum gives no information about who runs or owns the business on their website.
On May 27 2017, the website domain (“cointherum.com”) was secretly registered.
As usual, if an MLM company is not open about who runs or owns it, think hard and long about joining and/or handing over any cash.
Cointherum Products
With affiliates only able to market their affiliate membership itself, Cointherum has no retailable services or products.
The Compensation Plan
On the guarantee of a 90 day 200% ROI, Cointherum affiliates invest bitcoin.
If their affiliate wishes to withdraw at the end of the 90-day maturity period, they need to reinvest as much as or more than their initial investment.
Through a binary compensation structure, residual commissions by downline affiliates are paid out on invested funds.
A binary compensation structure puts an affiliate at the highest point of a binary team, separated into (two sides) left and right:
The first level of the binary team holds two places. The second level of the binary team is formed by separating these first two positions into additional two positions each (4 positions).
Successive levels of the binary team are created as required, with each new level having twice the number of positions as the previous level.
By means of direct and indirect recruitment of affiliates, positions in the binary team are filled. Take a note that there is no limit to how vast a binary team can grow.
At the end of the day Cointherum total up new investment volume on both the sides of binary.
Based on how much affiliates have invested, they are paid a percentage of matched binary funds:
- invest 0.05 BTC and get a 5% binary commission
- invest 0.1 BTC and get a 6% binary commission
- invest 0.3 BTC and get a 7% binary commission
- invest 0.5 BTC and get a 8% binary commission
- invest 1 BTC and get a 10% binary commission
- invest 2 BTC and get a 14% binary commission
- invest 4 BTC and get a 15% binary commission
- invest 10 BTC and get a 16% binary commission
- invest 15 BTC and get a 17% binary commission
- invest 20 BTC and get a 20% binary commission
- invest 30 BTC and get a 22% binary commission
- invest 50 BTC and get a 23% binary commission
Joining Cointherum
Cointherum affiliate membership is attached to an investment of between 0.05 and 50 BTC.
An affiliate must reinvest what they initially invested or higher to withdraw a ROI payout.
Conclusion
From the MLM bitcoin niche, Cointherum is more of the same.
To explain how they produces a 200% every 90 days, the cookie-cutter ruse of cryptocurrency trading is trotted out.
There is no proof that any trading takes place other than brief descriptions of what allphacoin, bitcoin, ethereum and litecoin are on the Cointherum website.
As it generally does, the cryptocurrency trading trick fails the Ponzi logic test.
If the anonymous owners of Cointherum was able to produce a 200% ROI every 90 days (811% every year without compounding), they would be simply investing their own funds and enjoying the benefit.
From a business perspective making 200% ROI liabilities every 90 days on top of binary commissions makes no sense and does them no favors.
Hence, like all the other bitcoin doublers, to pay off existing investors, This one is just shuffling newly invested funds around.
In early March, GladiaCoin was the first MLM doubler to surface back.
The scam collapsed in June just before initial investments were due to hit their 90-day maturity period.
Cointherum is the same Ponzi plus binary residual business model with a similar cryptocurrency trading ruse.
The owners of Cointherum cannot create a legitimate 200% ROI than GladiaCoin's owners could every 90 days any more, which means once again the most of affiliates who join and invest in Cointherum are going to lose money.
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