Turbo Cycler 2016 Review: Three tier bitcoin cash gifting
There is no information on the Turbo Cycler website indicating who owns or runs the business.
The Turbo Cycler website domain (“turbocycler.us”) was registered with bogus details on November 21st, 2016.
Note that another Turbo Cycler was launched back in 2012 by Peter Wolfing. A cash gifting scheme with a monthly fee, Wolfing’s Turbo Cycler has long-since collapsed.
As far as I can tell there’s no relationship between Wolfing’s Turbo Cycler and the 2016 opportunity bearing the same name.
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.
The Turbo Cycler Product Line
Turbo Cycler has no retailable products or services, with affiliates only able to market Turbo Cycler affiliate membership itself.
The Turbo Cycler Compensation Plan
The Turbo Cycler compensation plan sees affiliates gift bitcoin to eachother via a 2×3 matrix.
A 2×3 matrix places a Turbo Cycler affiliate at the top of a matrix, with two positions directly under them:
These 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 and final level of the matrix is generated in the same manner and houses 8 positions.
A complete 2×3 matrix houses a total of 14 positions.
A Turbo Cycler affiliate begins by gifting 0.03 BTC to the affiliate who recruited them.
This payment then qualifies the affiliate to receive 0.03 BTC from two affiliates recruited into the first level of their matrix.
Gifting payments across all three Turbo Cycler matrix levels are as follows:
- level 1 – gift 0.03 BTC to the affiliate who recruited you and receive 0.03 BTC from two subsequently recruited affiliates
- level 2 – gift 0.05 BTC and receive 0.05 BTC from four affiliates
- level 3 – gift 0.15 BTC and receive 0.15 BTC from eight affiliates
Joining Turbo Cycler
Turbo Cycler affiliate membership is tied to a 0.03 BTC gifting payment to the affiliate who recruited you.
Full participation in the Turbo Cycler income opportunity costs 0.23 BTC.
We are NOT an Investment, HYIP, Currency Exchange site. We offer a powerful Recycler plan to help each other. In this recycling plan all the payments will be exchaged [sic] between member to member.
Turbo Cycler isn’t an investment, HYIP or currency exchange site. Affiliates paying affiliates however (“member to member), does make Turbo Cycler a cash gifting scam.
Nothing is marketed to or sold to retail customers, with all payments and commissions paid within Turbo Cycler sourced from one affiliate and paid to another.
Once recruitment of new Turbo Cycler affiliates dies out, payments with the system will grind to a halt.
The anonymous admin(s) will have preloaded Turbo Cycler with positions that will receive the lion’s share of deposited funds.
When Turbo Cycler inevitably collapses, affiliates who haven’t scammed two other affiliates (the majority) lose out.