Two Bitcoin Review – Cryptocurrency Forex Scam Or Legit Company?

Thanks for stopping by to read my Two Bitcoin Review!

Is this company really a 5% Daily ROI Cryptocurrency Forex Scam or could it be legit?

Lets take a closer look and see what this company is all about.

Two Bitcoin Review – The Company

two bitcoin review

 

There is absolutely no information whatsoever on the Two Bitcoin website signifying who owns or runs the business.

The 2 Bitcoin website domain, twobitcoin.com, was privately registered on July 11, 2016.

An incomplete address in Russia is provided on the website, which is odd, because the default language for the site is Spanish.

Additional research discloses Two Bitcoin members naming Jose Carlos Martins as founder and CEO of the company.

Jose Carlos Martins is supposedly based out of Brazil. In 2015, he was endorsing Ares Perfumes & Cosmetics, a Brazilian MLM company.

From the research I have done, I know that Two Bitcoin is a company run under the brand “Two Company”. It is part of a VOIP (Two VOIP) offering and a yet to launch pay to click (Two Clik) scheme.

Two Bitcoin appears to function independently from these two entities and is reviewed here as a stand-alone.

Read on for my complete review.

Two Bitcoin Product Line

Two Bitcoin has no retailable products or services whatsoever, with members only capable of marketing Two Bitcoin membership itself.

Two Bitcoin Compensation Plan

binary compensation plan

All members invest bitcoin on the assurance of a 5% daily ROI capped at 200%.

Investment into Two Bitcoin is done through 4 different packages:

  • Start – $150.00
  • Premium – $250.00
  • Master – $500.00
  • Executive – $1,000.00

Recruitment Commissions

Two Bitcoin members are paid a 10% direct recruitment commission on funds invested by personally recruited members.

Residual Commissions

Residual commissions in Two Bitcoin are paid through a binary compensation arrangement.

A binary compensation arrangement puts a member at the top of a binary team, divided into two sides (left and right).

The initial level of the binary team holds two spots. The second level of the binary team is produced by dividing these two spots into another two spots each.

Succeeding levels of the binary team are produced as required, with each new level holding twice as many spots as the previous level.

Spots in the binary team are filled through direct and indirect recruitment of new Two Bitcoin members.

Investment volume is tracked on both sides, with members paid a 10% commission on volume produced on their weaker binary side (minimum $1,000.00).

Take Note: Reinvestment volume is counted at 50% (i.e. a $500.00 reinvestment is counted as $250.00 in the binary team).

Leftover volume on the stronger binary side is carried over, until it is ultimately matched with volume from the weaker side.

Reinvestment Commissions

Referral commissions are paid on reinvestment by downline members, tracked through a uni-level compensation arrangement.

A uni-level compensation arrangement puts a member at the top of a uni-level team, with each personally recruited member placed directly underneath them (level 1).

If a level 1 member recruits new members, they are then put onto level 2 of the original member’s uni-level team.

If a level 2 member recruits new members, they are then put on level 3 and so on and so forth down a hypothetical endless number of levels.

2 Bitcoin caps payable uni-level levels at 10, with commissions paid based on how much is invested.

  • a $150.00 Start package reinvestment produces a $1.00 commission
  • a $250.00 Premium package reinvestment produces a $2.00 commission
  • a $500.00 Master package reinvestment produces a $4.00 commission
  • a $1,000.00 Executive package reinvestment produces an $8.00 commission

Joining

2 Bitcoin membership is $25.00 plus investment in one of the following 4 packages:

  1. Start – $150.00
  2. Premium – $250.00
  3. Master – $500.00
  4. Executive – $1,000.00

My Conclusion – Scam Or Not?

Two Bitcoin claims that their 200% ROI payouts are produced through forex and cryptocurrency trading.

This makes absolutely no sense at all. If Two Bitcoin and Jose Carlos Martins were capable of consistently producing a daily 5% ROI, it would be far more profitable to keep the ROI for themselves.

Nevertheless, once the pyramid (recruitment) components of Two Bitcoin’s compensation plan are taken into consideration, there’s not much left to trade with. Let alone enough to produce a consistent 5% daily ROI.

All that is really happening here is that Two Bitcoin is using newly invested funds to pay off existing investors.

You can confirm this by asking a Two Bitcoin member for evidence of forex or cryptocurrency trading taking place, as well as accounting tying trading revenue to daily ROI payouts.

Anything less than the asked for evidence is confirmation Two Bitcoin is, without a doubt, running a Ponzi scheme.

This deceitful business model has Two Bitcoin members provided with monopoly money in their backoffice.

Then, new investors are encouraged to reinvest their backoffice money until they’ve grown their backoffice balance.

While all of this is going on, early Two Bitcoin investors are capable of withdrawing funds until what’s invested runs out.

This will ultimately correspond with a failure in Two Bitcoin member recruitment, provoking a collapse and widespread losses.

Thanks for reading my Two Bitcoin Review. Remember to subscribe below for my secret tips and strategies.  

josh paiva

 

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