Thanks for stopping by and reading our Cycle BTC Review!
Is this company a $1.00 in, $3.00 Out Micro Ponzi Cycler Scam or actually a Legit Opportunity?
Lets dig a bit and see what this company is all about.
Cycle BTC Review
There is absolutely no information whatsoever on the Cycle BTC website specifying who owns or runs the business.
The Cycle BTC website domain, cyclebtc.com, was privately registered on November 8, 2016.
As of the time of this review, Alexa estimates that Nigeria (28%), Pakistan (23%) and the Philippines (17%) are presently the main sources of traffic to the Cycle BTC website.
It is very probable that whoever is running Cycle BTC is based out of one or more of these three countries.
And, as I’ve always stated, if an MLM company is not willingly truthful about who is running or owns it, think long and hard about handing over any money.
The Product Line
Cycle BTC has no retailable products or services at all, with members only capable of marketing Cycle BTC membership itself.
The Compensation Plan
Cycle BTC members buy $1.00spots in a 2×2 matrix cycler.
Said 2×2 matrix puts amember at the top of a 2×2 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 these two spots into another two spots each.
There are six spots in total in order to fill in 2×2 matrix. Spots are filled when new and current Cycle BTC members buy new $1.00spots.
Each time a Cycle BTC member fills their 2×2 matrix, they are paid a $3.00 commission.
Cycle BTC membership is free, but members must buy at least one $1.00 matrix spot to participate in the income opportunity.
All payments within Cycle BTC (both paid and received) are made in bitcoin.
Cycle BTC is a modest $1.00 in, $3.00 out Ponzi scheme.
There is no outside source of income, with the $3.00 cycle commission produced exclusively through the recycling of freshly invested funds.
The use of freshly invested funds to pay off current Cycle BTC members makes it a Ponzi scheme.
And again, as with all Ponzi schemes, once member recruitment dies out, so will cycling. This will cause the mainstream of Cycle BTC matrices to stall, before the company fails overall.
Although a micro Ponzi, nevertheless once Cycle BTC fails, the mainstream of members will lose money.
Aaron and Shara What Do You Suggest?
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