Cointherum provide no information on their website about who owns or runs the business.

The Cointherum website domain (“cointherum.com”) was privately registered on May 27th, 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.

Cointherum Products

Cointherum has no retailable products or services, with affiliates only able to market Cointherum affiliate membership itself.

The Cointherum Compensation Plan

Cointherum affiliates invest bitcoin on the promise of a 90 day 200% ROI.

At the end of the 90 day maturity period, if a Cointherum affiliate wishes to withdraw they must reinvest as much as or more than their initial investment.

Residual commissions on invested funds by downline affiliates are paid out via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.

At the end of each day Cointherum tally up new investment volume on both sides of the binary.

Affiliates are paid a percentage of matched binary funds, based on how much they have invested:

  • invest 0.05 BTC and receive a 5% binary commission
  • invest 0.1 BTC and receive a 6% binary commission
  • invest 0.3 BTC and receive a 7% binary commission
  • invest 0.5 BTC and receive a 8% binary commission
  • invest 1 BTC and receive a 10% binary commission
  • invest 2 BTC and receive a 14% binary commission
  • invest 4 BTC and receive a 15% binary commission
  • invest 10 BTC and receive a 16% binary commission
  • invest 15 BTC and receive a 17% binary commission
  • invest 20 BTC and receive a 20% binary commission
  • invest 30 BTC and receive a 22% binary commission
  • invest 50 BTC and receive a 23% binary commission

Joining Cointherum

Cointherum affiliate membership is tied to an investment of between 0.05 and 50 BTC.

To withdraw a ROI payout an affiliate must reinvest what they initially invested or higher.

Conclusion

Cointherum is more of the same from the MLM underbelly bitcoin niche.

The cookie-cutter ruse of cryptocurrency trading is trotted out to explain how Cointherum generates a 200% every 90 days.

Other than brief descriptions of what bitcoin, ethereum, litecoin and allphacoin are on the Cointherum website, there is no proof that any trading takes place.

As it always does, the cryptocurrency trading ruse fails the Ponzi logic test.

If the anonymous owners of Cointherum were able to generate a 200% ROI every 90 days (811% annually without compounding), they’d be quietly investing their own funds and enjoying the profit.

Creating 200% ROI liabilities every 90 days on top of binary commissions does them no favors and from a business perspective makes no sense.

Thus like all the other bitcoin doublers, Cointherum is simply shuffling newly invested funds around to pay off existing investors.

GladiaCoin was the first MLM doubler to surface back in early March.

Just before initial investments were due to hit their 90 day maturity period in June, the scam collapsed.

Cointherum is the same Ponzi + binary residual business model with the same cryptocurrency trading ruse.

The owners of Cointherum can’t generate a legitimate 200% ROI every 90 days any more than GladiaCoin’s owners could, meaning once again the majority of affiliates who sign up and invest in Cointherum are going to lose money.