EmpowerCoin Review: 200% bitcoin ROIs in 90 days or less
EmpowerCoin provide no information on their website about who owns or runs the business.
The EmpowerCoin website domain (“empowercoin.com”) was privately registered on April 19th, 2017.
A number of marketing websites are hosted on the private server that hosts the EmpowerCoin website. These websites are all in German, suggesting whoever owns the server is either based in Germany, speaks German or both.
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.
EmpowerCoin Products
EmpowerCoin has no retailable products or services, with affiliates only able to market EmpowerCoin affiliate membership itself.
The EmpowerCoin Compensation Plan
EmpowerCoin affiliates invest 0.1 to 10 BTC on the promise of a 200% ROI.
- E2 – invest 0.1 BTC and receive a 200% ROI after 90 days
- E3 – invest 0.3 BTC and receive a 200% ROI after 90 days
- E4 – invest 0.5 BTC and receive a 200% ROI after 90 days
- E5 – invest 1 BTC and receive a 200% ROI after 90 days
- E6 – invest 2 BTC and receive a 200% ROI after 60 days
- E7 – invest 4 BTC and receive a 200% ROI after 50 days
- E8 – invest 10 BTC and receive a 200% ROI after 50 days
Residual commissions on invested funds 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 EmpowerCoin tally up new investment volume on both sides of the binary team.
Affiliates are paid a percentage of matched funds on both sides of the binary, based on how much they have invested:
- E2 affiliates earn a 6% residual commission (capped at 0.2 BTC a day and 6 BTC a month)
- E3 affiliates earn a 7% residual commission (capped at 0.6 BTC a day and 18 BTC a month)
- E4 affiliates earn a 9% residual commission (capped at 1 BTC a day and 30 BTC a month)
- E5 affiliates earn an 11% residual commission (capped at 2 BTC a day and 60 BTC a month)
- E6 affiliates earn a 15% residual commission (capped at 4 BTC a day and 120 BTC a month)
- E7 affiliates earn a 20% residual commission (capped at 8 BTC a day and 240 BTC a month)
- E8 affiliates earn a 22% residual commission (capped at 20 BTC a day and 600 BC a month)
Joining EmpowerCoin
EmpowerCoin affiliate membership is tied to investment in one of nine affiliate packages:
- E1 – 0.05 BTC (no ROI, only residual binary commissions)
- E2 – 0.1 BTC
- E3 – 0.3 BTC
- E4 – 0.5 BTC
- E5 – 1 BTC
- E6 – 2 BTC
- E7 – 3 BTC
- E8 – 4 BTC
The primary difference between the affiliate packages is income potential via the EmpowerCoin compensation plan.
Conclusion
Like other bitcoin doublers we’ve seen, EmpowerCoin claim their 200% ROIs are generated via bitcoin trading.
When one exchange has a Bitcoin price of 500 USD, and another exchange has a Bitcoin price of 600 USD, you can exploit the price difference and keep the 100 USD difference for yourself.
This also means you’re buying Bitcoins for a lower price, and can sell them on the more expensive exchange.
When you buy a Bitcoin for 700 USD on one exchange and sell a Bitcoin for 800 USD on another exchange, you end up with 1 Bitcoin and 100 USD profit.
This is really very simple and very profitable, especially when you dedicate more capital into your Bitcoins! It’s a matter of dedicating some time into your Bitcoin strategy.
This fails the Ponzi logic test for two reasons.
The first is that trading of anything doesn’t deliver a consistent ROI over a set time period. The trading of currency in any form is volatile, which a fixed ROI over a set number of days promise doesn’t factor in.
The second is even if EmpowerCoin’s anonymous owner(s) were able to consistently generate a 200% ROI in 50 days, why would they share profits with random people over the internet?
A 200% ROI every 50 days is 1460% annually. Without compounding even a small amount like $1000 turns $14,600 within a year. Anyone claiming to have worked out how to legitimately generate 200% every 50 days has obviously thrown more than $1000 into testing, which brings us back to why share ROIs with randoms over the internet?
EmpowerCoin and scams like it provide no proof that any bitcoin trading is taking place, let alone enough to generate a 50 day 200% ROI.
The only verifiable revenue stream is affiliate investment, the use of which to pay a 200% ROI every 90 days or less makes EmpowerCoin a Ponzi scheme.
Of particular note is the reduced maturity period of 50 days for larger amounts invested, allowing those that do to clear out invested funds well-before 90 day ROI affiliates realize EmpowerCoin has collapsed.
The way owners of such schemes profit is by generating numerous pre-loaded positions at the top tier. These positions, combined with pre-loaded binary positions to collect residuals, allow EmpowerCoin’s owner(s) to withdraw the majority of invested funds.
At around the 40 to 60 day mark invested funds begin to run out, at which point a random excuse is trotted out and EmpowerCoin’s owners quietly slink away with your money.
Very similar to the Gladiacoin ponzi. These ponzis are a joke and the people who believe these ponzis are real “traders” are a bigger joke!
Yes. Sounds exactly like Gladiacoin. So many suckers in the world, if these copy/paste scams can all coexist at the same time.
Hey.. Most realize this is gambling.. Much like winning in Vegas means you STOLE OTHER PEOPLES money…. all of these other scams are the same thing…
You are simply GAMBLING on how long they last…
Gaming has nothing to do with Ponzi schemes.
@ OZ.. My point is that people are GAMBLING when they enter into most of these opportunities…
Just because I leave the CASINO with other peoples money if I won does not mean it is a scam.
Gaming is set up so that no matter what…. the House always wins…much like ..No matter what… the people on top/The owners/ etc.. always win..
so mayhbe there is not much of a difference except that one is Law abiding and the other is not..
Food for thought…
Yeah look if you want to discuss legal gambling, do it elsewhere.
A Ponzi business model that guarantees the majority of investors lose money to the person who started it and those who join early has nothing to do with legalized gambling.
Oz.. my point is that your Gambling when you enter ANY of these programs. Therefore, what is the difference (Ozedit: Snip. A Ponzi business model that guarantees the majority of investors lose money to the person who started it and those who join early has nothing to do with legalized gambling.)
Anything further on gambling will be marked as spam.
@Sterling Worth — “victims knew what they are doing” is self-defeating argument. It was uttered by most crooks, including Paul “Zeek” Burks himself, to deflect blame. So where are you going with that POV?
They must have different casinos in the US.
The casinos here call themselves casinos and not online advertising programs or altcoin sellers or business opportunities.
No where on any of these scams does it says “You are Gambling your money”.
They are all promoted as income opportunities that promise long term returns for the most part.
The only thing even similar is “No Refunds”.
I was simply trying to make a point that it is similar to gambling when you join any of these schemes.
I understand they dont say its gambling….but just trying to open up peoples minds to look at it in this respect…
Nope. Casinos are audited and the odds on the games are known down the 10th decimal place. People go into casinos knowing they will LIKELY lose money due to “house odds”.
HYIP schemes are scams with incalculably low odds of winning anything and “winners” are either shills or Judas goats (whether they know it or not).
I kinda get your sentiment… “it takes two to tango” “in order to cheat someone, that victim must want to be cheated” or something like that. But that’s victim-blaming.
The difference is people don’t know it’s all make believe. They are told it’s a business with a real product, and an income opportunity.
At no time are they told it’s just a gambling “game” and everything they see is a facade.
@Char… I totally agree.. and that is why I am just trying to make a comparison.
If people looked at these opps like they would look at a gambling situation… there would be far less complainers.
Your gambling on the validity of the information given, your gambling on whether or not the owners are honest, your gambling on whether or not what the business model they tell you is in fact real and truthful…
Hope that helps….
Thanks Oz for understanding…
As of me writing this Empowercoin/Ecoinplus has been shut down!! Wow what a freaking money grab! This thing didn’t even last a month.
It’s a stair step heist.
Gladiacoin launches then, two weeks before Gladicoin goes bump, empowercoin is launches. Two weeks before empowercoin goes bump Jet-Coin Launches. Within two weeks of Jet-Coin Launching, CoinTherum launches, within two weeks of cointherum launching Royaldragontraders launches.
This is a calculated and planne dHeist on the networking and Bitcoin community run by some very slimy criminals. They know the community is rip for the pickings.
Jet-coin may go a bit longer than i anticipate and that because a lot of so called leaders are pimpimg the life out of Jet-coin, thats the only reason why it may go until the end of the month.
There are also some interesting reposrt coming back regarding common admins running multiple programs and some info on servers, addresses and other things in common.