There is no information whatsoever on the Five2BTC website indicating who owns or runs the business.
Registered on September 29, 2016, the Five2BTC website domain (“five2btc.com”) registration is set to private.
If you go to the Five 2BTC website without an affiliate referral link, the default referrer is “David Vicente Martin”.
On his Facebook profile Martin mentions his location as Spain and recognizes himself as management at Five2Btc.
Previous MLM opportunities Martin has been tangled in include Unetenet, which is a Ponzi scheme, TelexFree, which is a $3 billion dollar Ponzi scheme, Organo Gold, which is ganoderma coffee and Profit Clicking, which is an adpack Ponzi scheme.
Five2BTC Product Line
Unfortunately Five2BTC has absolutely no retailable products or services, with affiliates only able to market Five2BTC affiliate membership itself.
Five2BTC Compensation Plan
The Five2BTC compensation plan has existing Five 2BTC affiliates getting bitcoin gifting payments from new affiliates.
Gifting payments within Five2BTC are tracked through a 2×5 matrix.
The 2×5 matrix puts an affiliate at the top of the matrix, with 2 spots directly underneath them.
These first 2 spots form the first level of the matrix. The second level of the matrix is created by dividing each of the 2 spots into another 2 spots each for a total of 4 positions.
The third, fourth and fifth levels of the matrix are created in the same manner, holding 8, 16 and 32 positions.
A complete 2×5 matrix holds 62 spots, with spots filled through direct and indirect recruitment of Five 2BTC affiliates.
A Five 2BTC affiliate begins by gifting 0.01 BTC to the affiliate who recruited them. This payment then makes them eligible to receive 0.01 BTC from 2 affiliates put on the first level of the matrix.
Subsequent levels of the matrix are unlocked through growing gifting payments as follows:
- level 1 (2 positions) – gift 0.01 BTC to the affiliate who recruited you and receive 0.01 BTC from two affiliates
- level 2 (4 positions) – gift 0.015 BTC and receive 0.015 BTC from four affiliates
- level 3 (8 positions) – gift 0.04 BTC and receive 0.04 BTC from eight affiliates
- level 4 (16 positions) – gift 0.2 BTC and receive 0.2 BTC from sixteen affiliates
- level 5 (32 positions) – gift 2 BTC and receive 2 BTC from thirty-two affiliates
Note: Payments above (both paid and received) are all monthly repetitive payments.
Joining Five 2BTC
The programs affiliate membership is completed by a monthly gifting payment of 0.01 BTC to the affiliate who recruited you.
Complete participation in the Five2BTC compensation plan will cost 2.265 BTC per month.
Five2BTC – Bottom Line?
I was not able to directly link David Vicente Martin to MMM Global.
Below is a statement from the site:
“FIVE2BTC not collect your money, FIVE2BTC is not an online business, HYIP, REVSHARES, PTC. FIVE2BTC is a user community where people help each other with donations. There is no global account of the administration where all donations go. All donations go directly from member to member without intermediaries, in fact, FIVE2BTC only regulates the process – nothing more. So the system belongs fully to users.”
The Five 2BTC website is deeply pierced with MMM Global style Ponzi rhetoric.
To begin with, the entire contribution shtick to validate illegal cash gifting is beyond exhausted. Donations are not made with the anticipation of receiving money, and they surely don’t qualify you to receive payments from subsequently recruited affiliates in a business opportunity.
This program is cash gifting all the way!
My Five2BTC Conclusion
As for not governing money, this is characteristic of a cash gifting scheme – in that contributors pay contributors. That Five2BTC does not handle the money does not make it any less of a cash gifting scheme or Martin any less of a scammer.
And in addition, what Martin does not tell you is that he himself is preloaded with Five 2BTC with one or more spots.
These spots are at the top of the company-wide matrix, queuing up at least thirty-two 2 BTC payments for Martin per month. If Martin is preloaded in even more spots, that number could be in the hundreds.
Everyone else has to wait for Martin’s own matrix to fill before spots fill across in their own matrices. With this safeguarding that Martin receives the lion’s share of funds deposited into Five 2BTC.
As with all cash gifting schemes, Five2BTC will collapse once affiliate recruitment dies out. At that point in time, any affiliates who have not recouped their monthly fees by recruiting new targets into the scheme, lose money.
Mathematically this is certain to be the majority of Five2BTC affiliates.
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