Thanks for stopping by to read our Raging Bitcoin Review.
There are several different reviews of Raging Bitcoin therefore I decided to add my two cents to the mix.
We are not associated with Raging Bitcoin, so you can expect an unbiased, honest review from someone who is not trying to enroll you like everybody and their mothers are trying to do on Facebook.
In case if you are not familiar with the digital currency Bitcoin, we should just say that it made many millionaires with those who got in before the coin disappear and that is kind of what tempts people to join.
Nowadays it is not difficult to make a lot of money off of Bitcoin, yet almost every company you see utilizing Bitcoin as its “product”, is just a Multilevel marketing sort of business instead of an actual Bitcoin investment.
I think I can give you the best understanding, with my share of Bitcoin based MLMs, of what the most recent and greatest company known as Raging Bitcoin is about.
Is it only a trick?
Let's find out more so that we can see what is really behind Raging Bitcoin.
Raging Bitcoin Review
There are no actual products that comes with Raging Bitcoin but instead an affiliate program from which you can enroll others in order to get profit.
There is no evidence of who owns Raging Bitcoin , but in May 2017 the domain was purchased.
Most of the owners of these types of sites generally come from another program that got shutdown, so remember that before joining something as new as Raging Bitcoin.
How Money is Made with Raging Bitcoin
Without an owner or a product in site, you have its members promoting this as a way to make profit, which comes in the form of enrolling and building out various levels known as downlines.
Through the hype of the millionaires from the early stages of the digital currency, a lot of the marketing is publicized and that's about it.
Even though this digital currency continues to rise, Raging Bitcoin does not follow it as much as a stock, but instead putting your money in the pockets of those that brought in this program to you.
So, you are giving that cash directly to the people above you, instead of investing in the actual digital currency, which is what we call cash gifting in the online world.
Now for you to make any profit, you will have to do exactly what the person did to inspire you to join.
Really simple, right?
Not your typical potions and lotions type of business, however there are no less than one of these types of Bitcoin driven MLMs being made every single day.
The Compensation Plan
You will promote Raging Bitcoin in the form of a compensation plan, along with hype, from which you can gain money in various levels of the program.
Thus, the word, multi-level marketing.
Raging Bitcoin has tried to alter the whole model, however in the end it's truly just another marketing strategy.
Your initial investment will be split among 6 people, unlike your typical MLM that has you pay the individual who brought you in.
With that investment, the commissions are separated as follows.
- Individual who brought you in – 25%
- Individual above #1 – 20%
- Individual above #2 – 15%
- Individual above #3 – 15%
- Individual above #4 – 15%
- Individual above #5 – 15%
When you get in that next individual, you will get 25%, your up-line will get 20%, and so on.
Everybody else under you will do the same and that is absolutely how this whole Raging Bitcoin System works.
So rather than calling it cash gifting, they mention it as a donation so that it gives an impression like you are doing nothing wrong.
The Price
To begin with Raging Bitcoin, you have to put in 0.01 Bitcoin, which adds up to around $20 USD, with the value of course constantly fluctuating with the rise and fall of the value of Bitcoin.
You will have to spend $28USD just to get started, at the current rate and that's about it.
Price to Join Raging Bitcoin is 0.01 BTC ($20)
Absolutely affordable, which is the reason you will have individuals jump on this like crazy and then after realizing what they are really in, they end up quitting.
So, is Raging Bitcoin a Scam?
Once more, you have nothing to give your probable downlines like you would with Amway or any other MLM, which offers you at least some type of fancy facial cream.
An owner who is not upfront with things with Raging Bitcoin and without a product, what do you think?
Obviously, its members won't just call this legit, but they will try to show you that they are making profit with this when they are just pulling the fake it till you make it strategy.
Whether it's a fraud or not, I would not suggest Raging Bitcoin to anybody no matter what.
What would you possibly say to somebody you are trying to recruit?
“Hey, look at this new program but I don't have anything to offer you”?
That does not make any sense and is beyond a silly thought to get involved here.
At a Glance
Name: Raging Bitcoin
Price: 0.01 BTC (about $20USD)
Owner: Unknown
In my opinion, without the product, Raging Bitcoin is already not legit. Do realize that you are getting involved with something that won't last, so before gifting your money to the people above you, think about it.
Conclusion
There aren't many legitimate ways to make money online, I can guarantee you that and if not thousands, there are hundreds of Bitcoin driven programs that are run just like Raging Bitcoin.
You can expect this to go down, with sites like Gladiacoin not paying its members, the second recruiting slows down and empowercoin then everybody that got in early scatters like crazy.
Simply because they are members of this site, everyone will disagree with me about this, however they will have nothing to say once everything stops, and that's just how it is.
If you are currently involved with anything like this, it's a never-ending cycle that you have to stay away from or get out of.
I suggest you start your own online business, if you want to make money online, rather than pay an owner who only thinks about motivating others to join with the goal that they can make profit and do nothing once things disappear.
Also, even if they wanted it to remain alive, it's only a matter of time before things go down the drain.
I hope that I have given you enough information on this program so that you can make a better decision and Thank you for reading my Raging Bitcoins review.
You are a smart person and I'm sure you will make a wise decision.
Aaron and Shara What Do You Suggest?
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