Bitcoin Trading World Review: Bitcoiin scammers not done with B2G
Bitcoin Trading World provide no information on their website about who owns or runs the business.
The Bitcoin Trading World website (“bitcointradingworld.com”) was first registered on May 31st, 2017.
Warning: At the time of publication the Bitcoin Trading World website hosts a cryptocurrency mining hijacker.
If you visit the site without adequate virus protection your browser and CPU will be hijacked by the website operators. /end warning
The Bitcoin Trading World domain registration details were last updated on April 25th, 2018, which is likely when the current owner(s) took possession of it.
The domain registration itself is set to private, providing no information about who owns it.
Marketing copy on the Bitcoin Trading World website states the company is “powered by Dragon Tech Mining”.
Dragon Mining Tech was set up as part of the Bitcoiin B2G altcoin pump and dump scam.
This prompted Bitcoiin’s owners to pull an exit-scam, causing investor losses in excess of $75 million dollars (estimated).
Other than Bitcoiin and Dragon Mining Tech having ties to China, who owns and runs the scheme has never been disclosed.
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 Trading World Products
Bitcoin Trading World has no retailable products or services, with affiliates only able to market Bitcoin Trading World affiliate membership itself.
The Bitcoin Trading World Compensation Plan
The Bitcoin Trading World compensation plan sees affiliates invest cryptocurrency on the promise of advertised 30, 60 and 90 day ROIs.
- Bitcoin (BTC) – 8% in 30 days, 10% in 60 days or 15% in 90 days
- Bitcoin Cash (BCH) – 10% in 30 days, 12% in 60 days or 17.5% in 90 days
- Ethereum (ETH) – 12% in 30 days, 15% in 60 days or 20% in 90 days
- Bitcoin Gold (BTG) – 15% in 30 days, 20% in 60 days and 25% in 90 days
- Bitcoiin (B2G) – 40% in 90 days
Referral commissions on invested funds are paid down three levels of recruitment (unilevel).
Note however that Bitcoin Trading World fail to publicly disclose referral commission percentages.
Update 9th May 2018 – A recent Bitcoin Trading World marketing email reveals referral commissions now pay down four levels of recruitment:
- level 1 (personally recruited affiliates) – 25%
- level 2 – 20%
- level 3 – 15%
- level 4 – 10%
“Additional commission levels and incentives” are purportedly provided for “Top Leaders”.
Presumably being a Bitcoin Trading World Top Leader depends on how many people you can convince to invest. /end update
The withdrawal section of the Bitcoin Trading World website only mentions Bitcoiin, suggesting affiliates are only paid in B2G.
Joining Bitcoin Trading World
Bitcoin Trading World affiliate membership is free, however free affiliates can only earn referral commissions.
Full participation in the Bitcoin Trading World MLM opportunity requires investment in bitcoin, bitcoin cash, ethereum, bitcoin gold or bitcoiin.
When Bitcoiin’s anonymous owners exit-scammed and seemingly got away with it, they learned they had access to a gullible investor-base.
Already $75 million in the hole and holding nothing but worthless B2G points, Bitcoiin investors would likely believe anything.
Enter Bitcoin Trading World, which seeks to steal even more money from investors.
Laundering additional pre-mined B2G the admins are sitting on is also a bonus.
The Bitcoiin ecosystem set up to further milk investors includes
- the Bitcoiin website, used to market B2G even though the altcoin has been officially abandoned
- Thorex, a dodgy exchange set up to launder B2G through
- Dragon Mining Tech, central company used by Bitcoiin scammers to run a bunch of other scams through
There’s also World Coin Charts, a clone of the popular CoinMarketCap cryptocurrency directory:
B2G isn’t listed on CoinMarketCap, so Bitcoiin’s owners created a clone listing site to dupe gullible suckers through.
There’s literally no difference between CoinMarketCap and World Coin Charts, other than the inclusion of B2G and an assigned made-up value.
That and Bitcoiin’s admins have plastered World Coin Cap with Bitcoin Trading World advertising.
As to the company itself, Bitcoin Trading World is just an excuse to launder B2G through.
New and existing investors hand over bitcoin, bitcoin cash, ethereum, bitcoin gold or bitcoiin, and in exchange are given more worthless B2G points.
B2G has no demand, which is why the admins have come up with Bitcoin Trading World to offload more of it through.
Once investors realize they’re being used as guinea pigs to dump unallocated B2G onto, Bitcoin Trading World collapses.
Fool me once, shame on me. Fool me twice… want to buy my new MLM altcoin?