Bitcoin 4 Ever Review: 5×5 matrix bitcoin gifting
Bitcoin 4 Ever provide no information on their website about who owns or runs the business.
The Bitcoin 4 Ever website domain (“bitcoin4ever.biz”) was privately registered on March 28th, 2017.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Bitcoin 4 Ever Products
Bitcoin 4 Ever has no retailable products or services, with affiliates only able to market Bitcoin 4 Ever affiliate membership itself.
Once signed up, Bitcoin 4 Ever affiliates gift bitcoin to each other.
Bundled with each bitcoin gifting payment are ad credits, which can be used to display advertising on the Bitcoin 4 Ever website.
The Bitcoin 4 Ever Compensation Plan
Bitcoin 4 Ever affiliates gift bitcoin to each other via a 5×5 matrix.
A 5×5 matrix places a Bitcoin 4 Ever affiliate at the top of a matrix, with five positions directly under them:
These five positions form the first level of the matrix. The second level of the matrix is generated by splitting these five positions into another five positions each.
Levels three to five of the matrix are generated in the same manner, with each new level housing five times as many positions as the previous level.
A Bitcoin 4 Ever affiliate signs up and gifts 0.005 BTC to the affiliate who recruited them.
This payment in turn qualifies the affiliate to receive 0.001 BTC from five affiliates recruited into the first level of their matrix.
Levels two to five of the matrix operate in the same manner, the only difference being an increase in the amount of bitcoin gifted.
- level 1 – gift 0.001 BTC to the affiliate who recruited you and receive 0.001 BTC from five subsequently recruited affiliates
- level 2 – gift 0.002 BTC and receive 0.002 BTC from twenty-five affiliates
- level 3 – gift 0.01 BTC and receive 0.01 BTC from one hundred and twenty-five affiliates
- level 4 – gift 0.25 BTC and receive 0.25 BTC from six hundred and twenty-five affiliates
- level 5 – gift 4.25 BTC and receive 4.25 BTC from three thousand one hundred and twenty-five affiliates
Joining Bitcoin 4 Ever
Bitcoin 4 Ever affiliate membership is tied to a 0.001 BTC gifting payment.
Full participation in the Bitcoin 4 Ever MLM opportunity costs 4.513 BTC.
Bitcoin 4 Ever presents itself as a “member to member payments” opportunity.
Whenever you see “member to member payments” in MLM it’s cash gifting.
A Bitcoin 4 Ever affiliate signs up, gifts bitcoin to an existing participant and then receives gifting payments from other participants.
This process leaves a growing number of affiliates at the bottom of the company-wide matrix, waiting on affiliates to join after them.
Eventually affiliate recruitment slows down, prompting a collapse.
Are there Any Refunds On Positions Purchase?
Your Positions purchases are NON-REFUNDABLE.
This is the fate of all gifting scams, with the majority of Bitcoin 4 Ever affiliates taking a loss when the inevitable happens.