Ultimate Bitcoin Builder Review: 0.02 BTC matrix cycler subscriptions
Ultimate Bitcoin Builder provide no information on their website about who owns or runs the business.
The Ultimate Bitcoin Builder website domain (“ultimatebitcoinbuilder.com”) was privately registered on March 3rd, 2017.
The official Ultimate Bitcoin Builder Facebook group has one admin, Mindy Davis.
Having only been created a few days ago on May 2nd and featuring a stock image profile image, the account appears to be bogus.
Further research reveals the Ultimate Bitcoin Builder website uses name-servers of the “m2mfunds.com” domain.
M2M Funds was a cash gifting scheme launched by someone who goes by the name “omclub” on social media. In addition to Mindy Davis, omclub also goes by John Williams.
Omclub first popped up on BehindMLM back in 2015 as the admin of Super 2×7 Matrix.
Super 2×7 Matrix was a cycler Ponzi, followed up by M2M Funds in early 2016. M2M Funds saw affiliates invest funds on the promise of a daily ROI of up to 2%.
M2M Funds collapsed soon after launch and was replaced by Quick Cycler, another Ponzi cycler, in mid 2016. Quick Cycler launched in May and collapsed two months later in June.
Read on for a full review of the Ultimate Bitcoin Builder MLM opportunity.
Ultimate Bitcoin Builder Products
Ultimate Bitcoin Builder has no retailable products or services, with affiliates only able to market Ultimate Bitcoin Builder affiliate membership itself.
Once signed up, Ultimate Bitcoin Builder affiliates purchase matrix cycler position subscriptions to participate in the attached income opportunity.
Bundled with each subscription purchase are ad credits, which can be used to display advertising on the Ultimate Bitcoin Builder website.
The Ultimate Bitcoin Builder Compensation Plan
Ultimate Bitcoin Builder affiliates purchase 0.02 BTC matrix cycler position subscriptions.
Each subscription feeds a new position into a five-tier matrix cycler every day for ten days.
Matrix sizes used in the Ultimate Bitcoin Builder cycler are 2×1, 3×1 and 4×1.
A 2×1 matrix places an affiliate at the top of a matrix, with two positions directly under them:
Once these two positions are filled, a “cycle” is generated and a commission paid out. The position also “cycles” into the next tier of the cycler.
A 3×1 matrix requires three positions to be filled and a 4×1 matrix four positions.
Commissions paid across each of the five Ultimate Bitcoin Builder cycler tiers are as follows:
- Tier 1 (4×1 matrix) – 0.001 BTC commission and cycles into Tier 2
- Tier 2 (4×1 matrix) – 0.004 BTC commission, generates a new Tier 1 position and cycles into Tier 3
- Tier 3 (4×1 matrix) – 0.006 BTC commission, generates a new Tier 1 position and cycles into Tier 4
- Tier 4 (3×1 matrix) – 0.01 BTC commission, generates a new Tier 1 position and cycles into Tier 5
- Tier 5 (2×1 matrix) – 0.12 BTC commission and generates a new Tier 1 position
Cycling out of Tier 1 and Tier 2 of the cycler also generates a 0.002 BTC payment into a “mini sub” account.
Once this mini sub balance reaches 0.008 BTC, it triggers a Tier 1 position subscription (once daily) for four days.
Joining Ultimate Bitcoin Builder
Ultimate Bitcoin Builder affiliate membership is free, however affiliates must purchase at least one 0.02 BTC subscription to participate in the attached income opportunity.
Continuing what appears to be an annual attempt at Ponzi fraud, Ultimate Bitcoin Builder recycles newly invested funds to pay off existing investors across five matrix tiers.
The subscription model draws out the process over ten days per investment, creating the illusion of stability by artificially delaying an inevitable collapse.
The math behind a subscription cycler is the same as any other cycler. Affiliates invest money and ultimately withdraw more than they invested.
This creates an ongoing deficit, which increases exponentially over time. New investment is needed to offset current liabilities, with said investment creating its own larger ROI liability in turn.
Do you offer refunds?
No, we do not offer any kind of refunds.
Once affiliate recruitment slows down, so too does new real money entering the system (phantom positions created across tiers 2 to 5 extract funds without providing any new funds).
This eventually triggers a collapse, at which point the majority of Ultimate Bitcoin Builder affiliates lose money.