Bitalium Review – Ponzi Scam or Legit Trading MLM?
You made it to our Bitalium Review!
Are you ready to dive into a new company that recently launched.
Bitalium talks really big about their program. Honestly, it sounds good enough to catch the attention but do they actually live up to the things that they say?
My past experience shows that programs that talk about cryptocurrency earning passive income are bad news.
Before we jump into any conclusions, I went ahead and investigated this opportuntiy.
That way you can get some insight before making the important decision on rather or not you should invest. So let’s get to it!
Bitalium Review (Company)
It’s ironic that the they have an “about us” page where they are suppose to disclose who were working within. Instead the page contains no such information on anyone, not even the CEO. What a shame!
However, despite the CEO not being plainly listed on the website there is info in a video of theirs that says Samuel D Walch is the top dog.
Sam supposedly is very acquainted with the cryptocurrency industry, having started with a small circle of friends in 2015.
I found not supporting content across the net to valid any of this.
The way the marketing video came off was that his name had some sort of weight to it. You would think he would been talked about somewhere on the internet.
The only way I could make sense of this is if he is possibly using a fake identity. It may sound far fetched to you but there have many companies doing this.
I definitely say do your own digging on that.
Bitalium.com is not very old and is still in the process of building a credible reputation. Seeing that they only got started February 10th (this is when they bought their domain which is registered privately by the way).
The key take away from all of this is the the company were looking at may be using a paid actor to play CEO.
We all know this is not a good thing.
They are investing platform, you won’t see a traditional setup where there is an actual product or service.
Bitalium concerns themselves most with providing a system to make money. Users spend most of their time recruiting.
I will say right away that this is not an ideal situation.
If there is no product or service being sold you should always consider that.
Without something that people can buy they are automatically considered to be a Pyramid scheme.
Funny thing is that it’s not my opinion. Do a quick google search on the term Pyramid scheme and it will sound a lot like Bitalium.
Bitalium Compensation Plan
If you are joining, you hope to get paid by investing and getting a return. The interesting part is that it’s suppose to be risk-free. You pick a plan and watch the money flood in apparently.
Here’s the current setup for those that invest:
- Basic – invest $100 to $999 and receive a daily ROI for 180 days
- Premium – invest $1000 to $4999 and receive a daily ROI for 210 days
- Business – invest $5000 to $14,999 and receive a daily ROI for 240 days
- Platinum – invest $15,000 to $30,000 and receive a daily ROI for 270 days
You can watch as your ROI goes up everyday. Expect a daily ROI of 1.4%.
Commissions are also paid on sponsoring new affiliate who invest.
Binary Residual Commissions
A binary compensation plan has YOU at the top of the binary structure and splits into two sides (left and right):
First level of the binary has two positions.
Second level of the binary splits the first two positions into another two making it four in total.
These positions can be filled up directly or indirectly by team members.
Residual commissions are paid as a percentage on the invested funds which is 33% on both legs.
Commission rate will depend on how much you invested:
- Basic tier affiliates receive a 12% residual binary commission rate
- Premium tier affiliates receive a 15% residual binary commission rate
- Business tier affiliates receive an 18% residual binary commission rate
- Platinum tier affiliates receive a 21% residual binary commission rate
Bitalium compensation plan marketing material didn’t specify on how often you get paid…
Unilevel Residual Commissions
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 sponsor a new affiliate, they are put on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates sponsor a new affiliates, they are put on level 3 and so on and so forth…
Bitalium caps their unilevel at five levels deep.
Residual commissions here are paid at 33% of the invested funds across all five levels:
- Level 1 (personally sponsored affiliates) – 15%
- Level 2 – 12%
- Level 3 – 9%
- Level 4 – 6%
- Level 5 – 3%
Getting sign ups can be rewarding. By adding people into the company and getting them to invest, you will be producing downline volume.
Your reward is based on the following breakdown:
- Produce $25,000 in accumulated binary team volume and receive an iPhone 11 Pro Max
- Produce $100,000 in accumulated binary team volume and receive a MacBook
- Produce $200,000 in accumulated binary team volume and receive an “exotic trip”
- Produce $500,000 in accumulated binary team volume and receive a Rolex Datejust 36 watch and access to Bitalium’s “office program”
- Produce $2,000,000 in accumulated binary team volume and receive a “unique car fund” and “ambassador contract”
- Produce $8,000,000 in accumulated binary team volume and receive a “premium car fund” and access to Bitalium’s “shareholding program”
- Produce $15,000,000 in accumulated binary team volume and receive a “luxury villa on [sic] Bali worth $500,000”
That’s about it for the compensation plan.
How Much is It to Get Started
Putting your trust into Bitalium does not come at a cheap price.
If the company turns out to be legit, your rewards could be very large.
The packages range from $100 to $100,000.
Of course the biggest package brings in the most income potential, while the lowest package brings in the least.
Profit will be obtained over a course of time like suggested in the compensation plan section.
Before you run head first into this program, I think you should hear me out!
My Final Words
So there is a new company on the block.
And you want some of the sweet profits that it supposedly has to offer people who use their program.
Their sales pitch is definitely captivating. The thing is that they don’t seem to be backing up all the hype.
As I investigated their company, I quickly realized that they were lacking in the transparent area. We don’t know who if the CEO is even actually in charge. They look like a hired persona.
On top of that, we can’t support a Pyramid scheme. I love making money from home but it has to be legit.
I can’t join a company that is not offering some sort of product or service. There has to be more then just recruiting going on.
If you don’t know, countries all over the world consider Pyramid schemes to be illegal. That’s enough for me to keep my wallet closed.
Still not convinced? Here are more things to think about…
The whole investing thing is fishy. Are you telling me that people with no experience whatsoever can just come in and throw money into an account and see huge returns?
I don’t think so!
Same Walch did a ton of walking in their promo video, they should of shown how their program works on a detailed level so that we could trust them
Simply not good people!
They did add a chart to show how things are going within their program. Honestly, they could easily fabricate this and it’s not solid proof.
They can only be validated by a third party regulator, meaning someone outside their company has to audit them.
I mean what they are showing us looks awesome, but I wish I knew that it was REAL.
The nature of their business model would require them to be registered with their proper regulator. They are not.
Considering that they are not registered, I could only come to one thought
They are not getting revenue from a third party source.
It’s operating at a ponzi scheme.
Many of you are probably raging at the screen right now.
Your probably thinking since the coin is listed on exchange websites that they are solid. Yeah they do have a couple of listings on untrustworthy sites.
While the value of the Bitalium token may be looking tasty now, it won’t be for long.
Eventually as people will realize how not good the company is and the top investors will drop their investments, and the value of their precious coin will drop to a worthless amount.
And guess what? You will be stuck with it!
You can kick and scream all day, but whoever behind it will get away. Why? Nobody really knows who they are.
It should be obvious, but PLEASE don’t join.
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At this point, your probably fed up with chasing get rich quick programs. A piece of advice would be to stop chasing so-called businesses that promise easy money.
Good luck in your journey,
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