Turbo Bitcoin Machine Review: Ten-level unilevel bitcoin gifting
Turbo Bitcoin Machine provide no information on their website about who owns or runs the business.
The Turbo Bitcoin Machine website domain (“turbobitcoin4u.biz”) was privately registered on July 7th, 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.
Turbo Bitcoin Machine Products
Turbo Bitcoin Machine has no retailable products or services, with affiliates only able to market Turbo Bitcoin Machine affiliate membership itself.
The Turbo Bitcoin Machine Compensation Plan
Turbo Bitcoin Machine affiliates gift bitcoin to each other via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Turbo Bitcoin Machine cap payable unilevel levels at ten.
An affiliate signs up and gifts 0.001 BTC to the affiliate who recruited them.
This payment places the affiliate at the top of a unilevel team, wherein they receive 0.001 BTC gifting payments for each affiliate they recruit.
These affiliates are placed on level 1 of the affiliate’s unilevel team.
Levels two to ten of the unilevel team must be “unlocked” via ten 0.001 BTC payments. Once this fee has been paid, Turbo Bitcoin Machine allocates subsequent 0.001 BTC gifting payments across these additional levels as other affiliates also unlock levels two to ten of their unilevel team.
Joining Turbo Bitcoin Machine
Turbo Bitcoin Machine affiliate membership is tied to a 0.001 BTC gifting payment.
Full participation in the Turbo Bitcoin Machine income opportunity costs 0.01 BTC.
Whilst it’s true that the majority of bitcoin gifting schemes use matrix compensation plans, Turbo Bitcoin Machine’s use of a unilevel plan doesn’t make it any less of a scam.
This despite the nonsense fed to potential affiliates via the Turbo Bitcoin Machine FAQ:
Q: Is this a SCAM?
No, not at all.. This is real, and members are making real Bitcoin direct to their Bitcoin Wallets. This is not MLM; All members are on the same level.
Q: Is this a Pyramid / PONZI Scheme?
Are you serious?! We wouldn’t create a system that is illegal. For it to be a pyramid scheme, you need to have someone on top collecting all the Bitcoins.
Since there is no down line or matrix to build, there is no one sitting on the top position. Bitcoin is being passed on from member to member only.
A unilevel compensation structure organizes a downline across multiple levels. By definition this is an MLM business model.
And while Turbo Bitcoin Machine isn’t a Ponzi scheme, pyramid recruitment is required in order to get paid.
One thing in particular to watch out for is the non-linear structure in which affiliate unilevel teams are filled.
Turbo Bitcoin Machine themselves allocate who goes where, and you can bet this is heavily tilted in favor of the anonymous admin.
When Turbo Bitcoin Machine recruitment inevitably slows down, so too will gifting payments across the company-wide unilevel team.
This will eventually prompt a collapse, resulting in the majority of Turbo Bitcoin machine affiliates losing money.