Five2BTC Review: Five-tier bitcoin cash gifting

There is no information on the Five2BTC website indicating who owns or runs the business.

The Five2BTC website domain (“five2btc.com”) was registered on the 29th of September 2016, however the domain registration is set to private.

If you visit the Five2BTC website without an affiliate referral link, the default referrer is “David Vicente Martin”.

On his Facebook profile Martin (right) cites his location as Spain and identifies himself as “management at Five2Btc”.

Previous MLM opportunities Martin has been involved in include Unetenet (Ponzi scheme), TelexFree ($3 billion Ponzi scheme), Organo Gold (ganoderma coffee) and Profit Clicking (adpack Ponzi scheme).

Read on for a full review of the Five2BTC MLM opportunity.

The Five2BTC Product Line

Five2BTC has no retailable products or services, with affiliates only able to market Five2BTC affiliate membership itself.

The Five2BTC Compensation Plan

The Five2BTC compensation plan sees existing Five2BTC affiliates receiving bitcoin gifting payments from new affiliates.

Gifting payments within Five2BTC are tracked via a 2×5 matrix.

A 2×5 matrix places an affiliate at the top of a matrix, with two positions directly under them:

These initial two positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the two positions into another two positions each (4 positions).

The third, fourth and fifth levels of the matrix are generated in the same manner, housing 8, 16 and 32 positions respectively.

A complete 2×5 matrix houses 62 positions, with positions filled via direct and indirect recruitment of Five2BTC affiliates.

A Five2BTC affiliate starts out by gifting 0.01 BTC to the affiliate who recruited them. This payment then qualifies them to receive 0.01 BTC from two affiliates placed on the first level of the matrix.

Subsequent levels of the matrix are unlocked via increasing gifting payments as follows:

• level 1 (2 positions) – gift 0.01 BTC to the affiliate who recruited you and receive 0.01 BTC from two affiliates
• level 2 (4 positions) – gift 0.015 BTC and receive 0.015 BTC from four affiliates
• level 3 (8 positions) – gift 0.04 BTC and receive 0.04 BTC from eight affiliates
• level 4 (16 positions) – gift 0.2 BTC and receive 0.2 BTC from sixteen affiliates
• level 5 (32 positions) – gift 2 BTC and receive 2 BTC from thirty-two affiliates

Note that the payments above (both paid and received) are all monthly recurring.

Joining Five2BTC

Five2BTC affiliate membership is tied to a monthly gifting payment of 0.01 BTC to the affiliate who recruited you.

Full participation in the Five2BTC compensation plan costs 2.265 BTC a month.

Conclusion

While I wasn’t able to directly link David Vicente Martin to MMM Global, it’s obvious that Five2BTC is heavily inspired it.

FIVE2BTC not collect your money, FIVE2BTC is not an online business, HYIP, REVSHARES, PTC. FIVE2BTC is a user community where people help each other with donations.

There is no global account of the administration where all donations go. All donations go directly from member to member without intermediaries, in fact, FIVE2BTC only regulates the process – nothing more. So the system belongs fully to users.

The Five2BTC website is heavily riddled with MMM Global style Ponzi rhetoric.

For starters, the whole donation schtick to justify illegal cash gifting is beyond tired. Donations aren’t made with the expectation of receiving money, and they certainly don’t qualify you to receive payments from subsequently recruited affiliates in a business opportunity.

Five2BTC is cash gifting through and through.

As for not controlling money, this is typical of a cash gifting scheme – in that participants pay participants. That Five2BTC doesn’t handle the money doesn’t make it any less of a cash gifting scheme or Martin any less of a scammer.

And on that note, what Martin doesn’t tell you is that he’s preloaded Five2BTC with one or more positions.

These positions are at the top of the Five2BTC company-wide matrix, queuing up at least thirty-two 2 BTC payments for Martin a month. If he’s preloaded more positions that number could be in hundreds.

Everyone else has to wait for Martin’s own matrix to fill before positions fill across in their own matrices. With this ensuring that Martin receives the lion’s share of funds deposited into Five2BTC.

As with all cash gifting schemes, Five2BTC will collapse once affiliate recruitment dies down. At that point any affiliates who haven’t recouped their monthly fees by recruiting new victims into the scheme, lose money.

Mathematically this is guaranteed to be the majority of Five2BTC affiliates.