BitConnect X – Scam ICO or Legit? [Full Review]

Is BitConnect X just another scam or is this a legitimate ICO?

I’ve been taking a closer look at this new ICO from BitConnect called “BitConnect X” to find out the truth after already giving my honest opinion and review of BitConnect a few months back.

Before we get started…

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BitConnect X Review

What on earth is BitConnect X all about?

I just heard about this after landing on a YouTube video about it and I’ve decided to do some investigating to figure out what BitConnect X is and whether it’s legitimate.

BitConnect X

My initial thoughts were that someone has basically cloned BitConnect however upon closer inspection I can see that BitConnect X is actually a legitimate ICO from the people behind BitConnect.

I did a review of BitConnect here and explained how the business works, so I won’t go massively into the details but I will share a few pointers to give you an understanding.

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How The Original BitConnect Works

BitConnect run what’s called a lending program.

You sign up, invest money into the BitConnect coin (using Bitcoin) and then you can actually lend that money back to BitConnect. You earn a daily percentage of income on the money that you lend back to BitConnect.

You can also earn referral commissions to by sharing BitConnect with your friends and family and signing people up. Similar copycat opportunities have launched like USI Tech but non of these copycats have come close to the size and success of BitConnect.

Since BitConnect launched it has attracted a lot of attention and it’s actually grown to become one of the top cryptocurrencies in the world currently sitting at number 20 on the list of top coins with a market cap of $2.4 billion! It continues to defy the skeptics who state that it’s just a pyramid scheme or ponzi scam.

Where Does BitConnect X Fit In?

Since BitConnect is clearly doing extremely well and people are making a lot of money where exactly does BitConnect X fit into all of this, and why are they launching this new cryptocurrency coin to go alongside their original coin?

Their official website doesn’t really state a reason for launching this new coin. BitConnect X ICO happens on the 10th of January and on there website they state they are releasing more details about it soon.

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Is BitConnect X A Scam?

Skeptics on YouTube have stated that BitConnect X may be launching to save BitConnect from collapse.

Since it’s launch many people have stated that BitConnect is nothing more than a ponzi scheme. I will be honest in my initial review of BitConnect I did state that I believed it was most likely a huge ponzi scheme however it seems to have stood the test of time and I actually joined myself, lent some money and have made money back.

I can’t really say that it’s a scam since I have made money.

That being said, ponzi schemes often do pay out in the beginning. It’s only later down the line when they start to struggle that the whole thing collapses. This is why skeptics believe that BitConnect X is launching because it will help BitConnect stay alive by bringing their company potentially millions of investment.

ICO’s (initial coin offerings) have raised billions in 2017 and that trend is only set to continue into 2018. Some of the biggest ICO’s of last year actually raised 9 figures.

Do I Think BitConnect X Is A Scam?

Whilst many skeptics out there are saying it’s a scam I am yet to form a complete opinion.

I do believe that BitConnect “could” be a ponzi scheme, however on the flip side they have stood the test of time so far and I believe that they will stick around for the time being. BitConnect X could be just a way to raise more funds, or there could genuinely be a positive reason behind the launch that will benefit BitConnect users.

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Should You Invest In BitConnect X?

That depends entirely on your appetite for risk. If you want to invest in an ICO that could give you huge returns (but could also flop and be worth nothing) then go ahead and take that risk. I might even invest some myself into this ICO however it’s a risky strategy and not one that is guaranteed in the slightest.

If I was you, I would rather invest in BitConnect lending and earn a guaranteed return on my money.

Go here to join BitConnect and start earning

BitConnect X Conclusion

It’s hard to form a complete conclusion about BitConnect X since it’s still in ICO stage however if you wish to read more about BitConnect you can read my review here. BitConnect X is the new coin that the BitConnect team is launching and as more details are released I will update this review.

Before you leave…

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Bitcoin Wealth Club – Scam Exposed? [Full Review]

Looking for a review of Bitcoins Wealth Club? (aka Bitcoin Wealth Club)

Today I’m taking a closer look at Bitcoins Wealth Club after receiving an invitation to join from a well known marketer.

Before I start…

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Bitcoins Wealth Club Review

So as I briefly mentioned above I’ve been invited to join Bitcoins Wealth Club from a well known internet marketer who’s email list I am subscribed to so today I decided to take a closer look to find out more about Bitcoins Wealth Club, see if it’s actually legit or whether it’s just another scam. Here’s what the website looks like:

bitcoins wealth club website

I noticed that the website looks pretty similar to other opportunities I have reviewed lately. Some examples I am thinking about are power mining pool and bitconnect as they are both opportunities for earning. They claim you can earn a lot of money by basically just signing up for free and buying some Bitcoin.

UPDATE: Bitcoin Wealth Club promotes USI Tech which recently closed it’s doors to USA/Canada members. 1000’s of members who joined USI Tech came from Bitcoin Wealth Club and now fear losing their money. Bitcoin Wealth Club also promotes BitConnect which is a similar opportunity currently launching an ICO BitConnect X.

In my experience there are A LOT of scams in this space. I’ve noticed in just the past few months alone there have been dozens of these opportunities launch which appear very similar to ponzi schemes. They state about earning a guaranteed amount of money and all you need to do is invest Bitcoin, you don’t need to do anything else because they trade or mine and allow you to make money.

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To me these claims are pretty bold to say the least but it’s difficult to ignore them when you get a recommendation to join from a marketer who you trust. Receiving this email about Bitcoins Wealth Club has actually confused me because to me this opportunity does look like it could be a ponzi scheme / scam however the recommendation I got came from an online marketer who I respect and have followed for many years.

How Does Bitcoins Wealth Club Work?

Bitcoins Wealth Club is a new opportunity that has been launched by someone who’s been in a few different opportunities over the past few years. To make money in this opportunity you need to invest Bitcoin but you can also earn more Bitcoin by becoming an affiliate of the program and recruiting other people who join.

Like I already mentioned there are a few opportunities like this that have already launched. It’s certainly something that is very hot right now in 2017 and Bitcoin and cryptocurrencies in general are only going to grow as we move into 2018 and beyond. I recently put together a couple of videos about this and shared them with my subscriber base.

Next year I predict the price of Bitcoin will hit $10,000 and I’ll personally be looking at making 5-figures per month by trading alt coins. I believe this to be possible however I won’t be getting involved in opportunities like Bitcoins Wealth Club because in my honest opinion I don’t trust them.

Why I Don’t Trust Bitcoins Wealth Club

Obviously I am a little conflicted because I was invited to join by a marketer who I respect a lot and who is generally very trustworthy however that doesn’t mean that I actually trust Bitcoins Wealth Club. In my experience there are too many of these companies popping up and they are all jumping on this bandwagon.

How many people will actually be able to make a lot of money from this? It seems to me that many people will join and spend a lot of money on Bitcoin but the people who will really make the most money are the ones that are able to recruit others. I for example could make a lot of money in this opportunity for the simple reason that I could easily refer 100’s of people to join and invest Bitcoin and I would receive a percentage of their investment and make money myself.

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This is what all the big marketers do and it’s the reason why they can be successful in any program while the newbie fails because they simply don’t have the skills to actually promote and recruit others into the opportunity. This is one of the reasons I have stopped being an affiliate of network marketing companies because the majority of them don’t properly train people on how to recruit and the only people who make the big bucks are people who can recruit properly.

That’s why my no.1 recommendation that you can see below teaches you real methods for making a full time income with affiliate marketing and has many success stories (I’ll share more details of it down below in case you’re interested).

Bitcoins Wealth Club Conclusion

In my honest opinion I wouldn’t recommend Bitcoins Wealth Club because personally I would rather invest in Bitcoin and other cryptocurrencies myself using my own skills and knowledge rather than simply hoping that the people behind Bitcoins Wealth Club know what they are doing.

That’s my personal opinion however I will say that I am positive that some people will make a lot of money in this opportunity but it’s probably going to be the people that can recruit a lot of people into it. I won’t be recommending it as I say, if you want to learn how to trade Bitcoin properly then learn how from free YouTube channels.

If you don’t care much about Bitcoin and just want a proven solution for making money check out my recommendation below which shares all the details.

Before you leave

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Tech Coin ICO by USI Tech – Scam or Legit?

Tech Coin (TechCoin) is the new ICO from a company called USI Tech.

Today I’m taking a closer look at Tech Coin, to see what it offers and whether it’s worth your time.

Before I start..

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Tech Coin ICO Review

So the question we must ask, “is Tech Coin a legitimate ICO or another scam?” – It’s a question that absolutely MUST be asked after the recent news from USI Tech that they have closed their USA/Canada operations.

A couple of days ago an announcement rocked the USI community when members logged into their back office to find that if they were from the US/Canada they could no longer participate as affiliates or customers of USI Tech.

This is no doubt going to have lasting complications for the company.

Tech Coin ICO

Whilst I will admit that I don’t have all the details regarding why this has happened, I know that there has been a lot of talk on social media about SEC intervention with USI Tech.

I cannot confirm whether this is actually true or not, it COULD just be rumour, however it seems strange that they would launch their ICO Tech Coin at this time. Surely they would wait until the dust settles on the current issues they are facing before going and launching their ICO.

That being said, a similar company BitConnect is launching another ICO known as BitConnect X whilst also facing similar issues.

I would personally be very cautious about investing in the Tech Coin ICO right now with everything going on, however I will share more details on what is actually on offer with Tech Coin below.

What Is The Tech Coin ICO?

After reading through the white paper for the Tech Coin ICO I can see that they are offering a bunch of things. This is not an ICO that is solving 1 problem, or focusing on 1 thing. This is in my opinion a “jack of all trades” ICO that is going after multiple things as I will list below.

Here is what they are offering:

Tech Coin ICO offering

The image above shows what Tech Coin is all about.

  • TechCoin Payent Gateway
  • TechCoin Marketplace
  • TechCoin Mining
  • TechCoin Wallet
  • Block Explorer
  • Cashless Payments / Debit Card
  • USI Exchange

In their white paper they have made comparisons between their own Tech Coin exchange and others such as Bitfinex.

They also claim that their Tech Coin blockchain protocol can handle transactions far quicker than Bitcoin and Ethereum boasting incredible speeds. They also state that they are decentralised and private transactions.

Despite stating this, they have not actually said that they are a privacy coin.

I am not going to cover every aspect of what they are offering however I will cover a few things that I find interesting.

Tech Coin Payments / Debit Card

One thing that I am curious about is how they will implement a payment card such as a debit card since in the past few days VISA has basically cut ties with anything to do with cryptocurrency and e-money. I will be extremely interested to know how they plan on implementing a payment solution with a debit card.

Perhaps they will use MasterCard instead of VISA. But one thing for sure is it won’t be easy to do and they will be met with more issues when trying to implement this I am sure. After all when you really think about it, VISA is a network that processes transactions for banks and cryptocurrency is looking to take that away.

I can completely see why VISA wants nothing to do with cryptocurrency when it literally threatens their own business.

Potential Issues With Tech Coin

After reading through their white paper I did notice a few things which confused me.

First off, a statement in their white paper states that Tech Coin is available on 85% of the worlds exchanges. I am not sure why they would state this when Tech Coin is literally not available on any exchanges currently. As with any new ICO the whole point of the ICO is that it’s an initial coin offering and is NOT readily available to be exchanged anywhere.

Usually after a period of months a coin will be listed on an exchange and then other exchanges will follow. Often brand new coins will only be listed on 1 exchange before other exchanges also list the coin. It’s not always the case and other coins do vary but I am not sure why Tech Coin states they are listed on 85% of exchanges already.

ALSO – Reading through the white paper I noticed a number of spelling mistakes. Whilst this might not be a big deal to some people I think when you are launching an ICO and potentially attracting millions worth of investment you should make sure things are checked to present yourself in a professional manner.

Is Tech Coin A “Jack Of All Trades” ICO?

In the last few months I have read a lot of white papers for various ICO’s that I have been interested in investing in. One thing I noticed with the majority of these ICO’s is that they focus on a core offering / solution.

I feel that with the Tech Coin ICO they are trying to do too many things. They are offering about a dozen different things from an exchange, to a protocol, to a payment solution and a marketplace. It makes me wonder how they will deliver on all of these projects when they are literally offering so many things.

Wouldn’t it have been better if Tech Coin just focused on 1 core thing such as their exchange, or perhaps their mining operations?

Tech Coin Conclusion

I will not be investing in the Tech Coin ICO for the following reasons:

  1. Tech Coin is offering too many things and not focusing on one
  2. I am not confident investing in Tech Coin since USI Tech is having issues

Let me quickly state that the views in this review are MY opinion.

Perhaps Tech Coin will be a huge success and USI will be around for years, but I won’t be investing and I won’t be recommending that anyone else invests either.

Before you leave

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BTC Global Team – Scam or Legit? [Full Review]

Wondering whether the BTC Global Team is a scam?

I’m sharing my honest review of BTC Global Team and giving you all the details. Read the review below before you join!

Before I start

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BTC Global Team Review

Today I’m looking at a new cryptocurrency MLM program. I have reviewed a lot of these lately including BitConnect and EthConnect and to be honest I am always skeptical however let’s keep an open mind for now on the BTC Global Team and I’ll share more details.

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btc global team website

You might have come to know about increasing popularity of BTC Global Team through your social media account or maybe an email from a friend. It also attracted me and encouraged me to get in-depth information about this company so that I can share it with you not like an affiliate but as an advisor so that you can make a right decision if you want to join it as I am NOT involved with this company in any way.

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BTC Global Team Intro

It’s hard to find a lot of info about BTC Global Team (btcglobal.team) however I did find that their lead trader is called Steven Twain with consistent successful career of 6 years in binary trading. That is a little hard to believe considering binary trading is a complete scam but that is at least what they claim. He is providing trading services for the company in order to make daily percentage returns.

Apparently he has been about to make 40% returns on a weekly basis for his largest investors which sounds pretty unrealistic to be honest but that’s my opinion based on my experience reviewing a lot of these programs and personally trading forex and cryptocurrencies.

Who Is Steven Twain?

how btc global works

 

Product line of BTC Global Team

BTC Global is the marketing arm of Steven Twains trading business. The group has been able to negotiate a deal to get Steven to offer his trading services to BTC Global Team for as little as $1,000 initial investment and also giving you a referral system for earning commissions by signing up other people / members.

BTC Global Team Opportunity

So how much money can you make with this? Well they guarantee 14% returns per week on the capital you invest.

Yes you read that correct, 14% returns on invested capital per week which to be honest sounds incredibly unrealistic. When you look at the fact that many traders at large hedge funds only make 20% in a whole year and some don’t even make that much you start to wonder how this 1 man band can make 14% per week. Is he simply a genius trader?

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I know for a fact that it’s easier to make larger returns when you have less money to invest. That is actually one of the reasons why the hedge funds with billions at play struggle to generate huge returns because they can’t invest in high return investments however even still 14% per week by BTC Global Team just sounds unrealistic and like a scam ponzi scheme.

They claim your invested capital will be returned within 8-14 days via Bitcoin.

BTC Global Team Affiliate Program

You don’t have to be part of the affiliate program to actually earn money. After all you can just invest and earn 14% per week if you would rather do that, however you can earn more money if you are prepared to actually recruit other people. You can do this by simply sharing it with family and friends or if you are an experienced marketer you can do other forms of marketing such as Facebook, YouTube, SEO, Email marketing and other methods. This will help you recruit other members who you will earn money from.

You’d need to refer at least 5 people to unlock level 1 earnings and then you would earn 4% of your level 1 members invested capital monthly. So if your member invests $1,000 in a month you will receive 4% and this also includes re-investments, so every time they re-invest funds you’ll keep seeing 4%.

This is another reason that I suspect BTC Global Team is a ponzi scheme as it operates very similar to USI Tech and BitConnect which are known ponzis.

You can also unlock more earning opportunities by referring more people, for example:

15 people unlocks an additional level of earnings at 4%

30 people unlocks level 3 at 3%

50 people unlocks level 4 at 1%

100 people unlocks level 5 at 0.5%

This means you can earn on 5 levels deep so if your team members start to recruit more people you will continue to earn on these levels also. This income can obviously add up and potentially be more than the 14% returns you are getting from your actual investment. However I believe this is done on purpose because the strategy here is for the BTC Global Team founds to grow this business via referrals and chances are NO TRADING will even take place.

They’ll simply operate a ponzi scheme and when the scheme runs it’s course they’ll run off with a lot of Bitcoin! (My theory).

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Conclusion for BTC Global Team

I’ll be honest after taking a closer look at BTC Global Team there is nothing that interests me about this opportunity. I don’t feel that it’s a very good way to make money and I have experience after reviewing over 350 products and systems on this blog.

Rather than recommend BTC Global Team to you that “might” work, I’d rather recommend something that I know 100% can help you, so go ahead and see my no.1 recommendation below.

My No.1 Recommendation…

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USI Tech Scam? Read My Honest Review

Looking for more information on USI Tech?

Wondering whether the USI Tech scam rumours are true?

I’m here to give an unbiased review of USI Tech and share my honest opinion. You can find my review down below.

Before I start…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $150k in the last 6 months alone:

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(This is a 100% free training)

USI Tech Review

HUGE UPDATE FOR USI TECH:

USI Tech has shut down it’s USA and Canada operations. People are no longer allowed to be affiliates or sign up as customers in the USA and Canada. This is going to have a huge negative impact on USI Tech as a company since the majority of it’s customers and top affiliates are based in the USA/Canada.

The warning signs started when a cease and desist order was issued in Texas for USI Tech and also BitConnect. Less than 2 weeks later news spread across social media as users logged into their USI Tech accounts to see a notification saying that they have shut down their USA and Canada operations.

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The following review was done BEFORE this news, so may not be 100% accurate anymore…

USI Tech reviews are everywhere online but the problem is most of them are biased.

You see the people writing extremely positive reviews are most likely involved in the company as affiliates and simply want to refer you to sign up below them. The people writing negative reviews of USI Tech are probably affiliates of competitor companies like BitConnect and BitPetite so naturally they want to tell you it’s a scam and refer you into that.

Also there’s now BitConnect X which is a new ICO from the same people that brought us BitConnect.

Who can you believe when it comes to USI Tech? That’s where I can help you.

usi tech logo

What Is USI Tech All About?

The team behind USI Tech, the ownership of the company and the overall mission of the company are lacking from its official website. Such critical information is very crucial for any serious company that wants to appear credible so this was not exactly a good start to be honest.

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The only real information that can be gathered regarding the company is the date it appeared on the web – which is around mid-2016. Other than that, the critical background information about the company is entirely lacking. Most companies that shy away from giving out their information are usually not trustworthy, unfortunately. It is not fair to disregard this company, however, as we are just commencing this USI Tech review. The key point is that a solid background is extremely crucial for any cryptocurrency / MLM company.

USI Tech Products

Moving on to the products on offer, this company does not have your typical products to talk about. Since the company’s mission seems to be to deliberately leave out details of their products on their website, there are no specifics available. The main product that is assured here is the affiliate membership which affiliates can be able to sell and the fact that guaranteed returns are made after you make an investment.

Regarding the affiliate membership, a signed up user is able to access a forex auto-trading system included in the platform. This platform apparently is based on the MT4 Trading Software which is popular for making the market analysis. USI-Tech asserts that signed up users can be able to earn up to 150% annually as a result of the medium and long-term strategies of the company however upon closer inspection this is actually the OLD USI Tech that dealt with forex trading, whereas now they have rebranded and moved onto cryptocurrency.

USI Tech Compensation

Affiliates get to enjoy both brokerage fees and recruitment commissions which are sent to them directly. A residual commission system also exists. To me this company looks like it’s most profitable to those that can recruit others. This is the same as other ones I have exposed as ponzi schemes like BitPetite.

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Earning With USI Tech

By investing Bitcoin you can actually earn around 1% per day. This may seem like a small figure however in the world of investing it’s actually huge and is a cause for concern. It’s actually extremely unlikely that they can make trades in the cryptocurrency world and deliver 1% returns to all investors. When you consider the fact that the larger your cryptocurrency portfolio the harder it is to trade.

The biggest percentage gains are made trading smaller amounts, because it’s literally impossible to dump millions into a cryptocurrency coin because you will be responsible for the movement of that coin. As soon as you try and sell your position people will see that you are selling it and the price will drop so much you would never be able to get rid at the price you wanted. Perhaps this would work on trading Bitcoin alone because the volume is into the billions but regular cryptocurrencies no chance.

usi tech bitcoin

USI Tech Attracts Naive Newbies

In my experience reviewing over 350 scams in the last year or so I have come across many opportunities and it seems that sometimes newbies get sucked into these opportunities and are so convinced that it’s legit that they often will not believe it’s a scam even when things start to go wrong.

This has happened with many ponzi schemes in the past before cryptocurrency but now it could potentially get even worse with cryptocurrency because it’s unregulated and untraceable. An investment of Bitcoin will be hard to trace, virtually impossible actually and there is really nothing stopping the USI Tech owners from simply running off with your money if they wanted to.

Of course I am not saying this will happen but just understand that it “could” happen.

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Is USI Tech A Scam?

Like I explained if the owners wanted to run off with your money they could quite easily. Bitcoin is untraceable and that makes investing in these kind of programs risky for sure. USI Tech operates similar to other companies, the biggest competitor is BitConnect which is naturally much bigger however EthConnect a brand new opportunity (running off Ethereum) will soon be growing fast too.

I tend to believe that opportunities like this that “guarantee” a set percentage return for investors like 1% a day are risky and most likely ponzi schemes because it’s incredibly hard to generate that kind of return legitimately. It’s far easier to run a ponzi scheme and generate income that way.

I can’t confirm that USI Tech is a scam, it’s impossible to do so, but it “could” be.

The best course of action is to be cautious. You can go ahead and invest and you could earn a lot of money doing so, but you need to be prepared to lose your entire investment also. It’s risky game investing in these kind of businesses so whilst my advice is to avoid it, if you do plan on investing just make sure that you don’t give USI Tech your whole life savings as that would be extremely foolish.

USI Tech Conclusion (Updated)

When I put together this USI-Tech review I was skeptical of the company.

I did not see how it was possible for them to pay the kind of returns and thought the business model of offering a guaranteed percentage return on investments was risky and potentially unsustainable long term.

Unfortunately for affiliates and customers of USI Tech in the USA and Canada my skepticism has been proved right since USI Tech has been ordered to shut down its operations in USA and Canada. Since this is where the majority of it’s customers and top affiliates reside I am not sure how much longer they will be in business for.

Therefore USI Tech is not an opportunity that I will be recommending.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $150k in the last 6 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

Secret Income Formula – Scam or Legit? [Full Review]

Welcome to my review of the Secret Income Formula by Mr X (aka Mack Mills).

Today I’ve been taking a closer look at this new system to see whether it’s really a legit way of making money with Bitcoin and now I’m sharing my honest review.

Before I start..

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It helped me earn over $270k in 2017 alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

Secret Income Formula Review

So you’re probably wondering who the heck is this Mr X guy (aka Mack Mills) and is this system the real deal or just another “bitcoin scam” like so many others I have exposed. Well I have good news for you my friend. Mack Mills is the real deal and his Secret Income Formula looks like a great system for making money with Bitcoin. I’ll explain…

secret income formula review

Mack has been an internet marketer for 2 decades and I’ve personally witnessed him become the top earner in every single company he touches. As his video states he basically decided to retire and I kind of noticed that since I follow him on social media but with all the hype surrounding Bitcoin he decided to jump back into the space and create his own system.

His system is called the Secret Income Formula and it promotes 3 different Bitcoin opportunities (income streams) that you can make money from.

Mack is known for creating systems like this, and has created systems for a bunch of different companies in the past.

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How Does Secret Income Formula Work?

So when you visit the Secret Income Formula website you will watch the video from Mack (Mr X) and be prompted to sign up for a free account.

Once you actually create your free account you will be logged in automatically to a members area that looks like this:

secret income formula members area

As you can see it’s a pretty simple yet very clean looking members area.

To get started with the Secret Income Formula you just need to follow 3 simple steps which are:

  • Step 1 – System Overview
  • Step 2 – Income Streams
  • Step 3 – Back Office Tour

Each step is actually locked until you watch the full video. Whilst this can be a little annoying it’s a good thing because it means that you won’t get overwhelmed by looking at different steps and potentially skipping steps. I know when people get into a new members area they often skip steps and end up confused as to how to actually get started but with the Secret Income Formula it’s actually really simple to get going.

As step 1 suggests it’s an overview of the system and how it works.

Step 2 shows you the income streams, why he has chosen them and how to get started by signing up.

Step 3 is a back office tour showing you how to actually promote the system to sign up new people to the income streams.

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Secret Income Formula – Income Streams

So what are the income streams for Secret Income Formula? Which companies is Mack actually plugging into here to build his famous “multiple streams of income”?

After going through the members area myself I can see that the opportunities on offer are iCoin Pro, Mindset 24 Global and Future Money. I’ll be honest I don’t have much experience of these companies apart from iCoin Pro which I actually reviewed a few months back.

What I can tell you is that all of these companies are similar and they effectively allow you to get paid in Bitcoin. Think of them like an MLM opportunity but instead of getting paid in regular fiat money such as USD you are getting paid in Bitcoin.

I am a little surprised by these companies and I thought Mack might be promoting USI Tech or BitConnect since they are the 2 biggest companies in this space right now. Plus BitConnect X is launching soon which is a new ICO from BitConnect which means it’s only going to grow as a company.

That being said I’m sure Mack has his reasons for promoting these companies ahead of the ones I mention.

Is The Secret Income Formula A Scam?

This is what most people are wondering I’m sure and the easy answer is no, it’s not a scam.

Mack has been in the internet marketing industry for a long time and created some of the most popular and best converting systems I have ever seen. Since Bitcoin seems to be everywhere lately and is only growing he has simply applied his internet marketing skills to creating a Bitcoin funnel.

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In other words a funnel (system) that promotes Bitcoin opportunities and allows himself and those who participate to earn more Bitcoin from the opportunities being promoted.

Plus the Secret Income Formula is actually a free funnel so it’s kind of impossible for it to be a scam to be honest.

Secret Income Formula Conclusion

The Secret Income Formula looks like a high quality system that can definitely make you money, if you want to be involved in the 3 income sources recommended.

That being said, I personally believe there’s more money to be made by being involved in USI Tech which is my no.1 Bitcoin recommendation (my opinion)

Before you leave…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It helped me earn over $270k in 2017 alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

BitConnect Scam? Honest Review Reveals All

Have you been wondering about BitConnect? Maybe get a review of how works, its features and what it can offer you?

Well, you’ve reached your destination because I’m going to share my honest BitConnect review.

Before I start…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

I’ve personally been able to generate an extra $120k in the last 6 months from using this:

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BitConnect Review

Here you’ll find my honest BitConnect review giving you the real details.

Who can you believe when it comes to BitConnect? That’s where I can help you.

By the way I am recommending BitConnect now:

Go here to see the system I use for BitConnect

(My friend used this to earn $2 million with BitConnect)

BitConnect logo

BitConnect Review UPDATE: After being convinced by a friend of mine I have joined USI Tech and I am making money with it.

Go here to see how I make money with BitConnect (a unique system)

What Is BitConnect?

I write reviews that are not compromised. Specifically on making money online through the latest digital products and systems. From my experience of writing more than 250 reviews, I have become better positioned to give you straight points on what will work for you and what won’t. I regularly expose scams in the make money niche and more lately cryptocurrency niche having busted the likes of iCoin Market, iCoin Pro, plus many other “make money” scams like my home job connection.

Okay, enough of my credentials, let’s get down to the BitConnect Review.

Now, a lot of eyeballs have been rolling towards this company and high chances exist that they are in the process or have already contacted you about the opportunity, most likely through the email. Along the review, you’ll get to know what this company is, products they offer and some of its other features to enable you to be in possession of all necessary information you require to make a full and well-thought decision on this venture.

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Establishment of the BitConnect company

On looking at the domain “BitConnect.co”, I can swiftly substantiate that the company behind the purchase of the domain has withheld its details. Hence what we know for now is that this domain came into existence on February 9th, 2016 when it was first registered. When you take a trip inside the website of the BitConnect, it relinquishes a very professional look and also comes with an introductory video of its own but when you dig a little deeper, what you only come across is a few shallow pages with little content.

BitConnect review

BitConnect Reviews

There is no physical or digital product. What they are only showing us is that opportunity provided for you to earn daily returns’ on your invested money is through its affiliate programme. What this basically means is that when you put your Bitcoin into BitConnect account, is only when you get your daily returns’. The deposited Bitcoins become BitConnect coins and from here it’s used daily inside the company as a “Return on Investment” (ROI) that will enable you to earn. It’s very similar to other programs I have reviewed lately (Control Finance and Spey Invest are a couple of examples).

All ROIs are priced at 40% profit for any amount you invest in the company and if you get to join the affiliate programme inside BitConnect, earnings are guaranteed as well. Their compensation plan goes with the different levels available and one earns different referral bonuses percentage per each referred affiliate depending on the level they are in.

BitConnect Registration Fee?

It’s absolutely free to join as well as no recurrent fee thereafter. However, the affiliates referred are needed to put an upfront investment fee of between $100 and $100,000 for them to join and start earning returns as well as for the compensation plan. Obviously nothing is free you need to actually invest money and recruit other people if you want to see a profit from this opportunity.

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BitConnect Scam?

Is BitConnect scam or legit? That’s what many people are asking right now. To me this looks risky and has ponzi scheme written all over it unfortunately. There are a lot of Bitconnect reviews which say how great it is but I think the long term potential is poor and it looks similar to other ponzi schemes I have exposed lately like BitPetite.

That is what many of these cryptocurrency opportunities all have in common. Existing investors get paid off with funds from the new investors meaning when this no longer becomes an option, which will happen, BitConnect will shut down due to failure on meeting the supposed crazy returns where they will rip off the remaining investor’s funds and disappear, never to be heard off again.

In some ways you could argue that these kind of schemes that run off Bitcoin are actually worse than traditional ponzi schemes that use cash for the simple reason that Bitcoin is untraceable. That means that the owners could easily run off with your Bitcoin and you would never be able to see it or trace it again.

Let me be clear on Bitconnect…

I’m by no means saying this WILL definitely happen, but if you look historically at these kind of programs it’s usually what does happen.

The problem is many bitconnect reviews are put together by affiliates. So naturally they write biased reviews in favour of the company so that they can recruit you. The truth is people will make money with this in the short term but the long term? It’s just a matter of time until people are shouting “BitConnect Scam” and running a mile.

BitConnect Verdict & Recommendation

I simply cannot recommend BitConnect. I feel that it’s a risky business model and newbies could easily lose money.

Sure you could end up making lots of money with BitConnect but is it worth the risk?

Want to see what I do recommend?

Before you leave…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

I’ve personally been able to generate an extra $120k in the last 6 months from using this:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training for making 5-figures per month)

Instant Income At Home – Scam Busted? [Review]

Welcome to my review of Instant Income At Home.

I’ve been checking out this new website (instantincomeathome.com) to see whether it’s a legitimate system. It claims you can earn $500+ a day which is certainly a bold claim to make but is it real or just another scam like so many others I’ve exposed?

Read the full review below.

Before I start…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $250k in the last 9 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

Instant Income At Home Review

Instant Income At Home is one of those websites where the first thing that pops into my head is “SCAM” but I do like to give websites a fair chance before I jump in and expose them.

If you’re new to the blog here at No Bs Im Reviews I’ve personally reviewed over 350 websites and systems to do with making money and many of them I have exposed as scams. I would say that at least 80% of systems claiming they can help you make money are actually scams if not more!

Instant Income At Home doesn’t exactly do itself any favours for changing my opinion as I will explain below.

instant income at home

With Instant Income At Home I don’t believe the trend has been bucked because this website claims you can earn $500+ a day even if you are a newbie and let’s not forgot the name of this website after all. The website is called “Instant Income At Home” which is clearly not realistic since it’s impossible to make “instant” income. It reminds me a lot of other scams I have exposed like my online dream biz and cryptocurrency scam websites like BitConnect.

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How Does Instant Income At Home Work?

After taking a closer look at their website I noticed that this system is basically the same as the FB Money System which I already reviewed earlier this year. Looking back to that review I did not rate this program at all and actually said that it was not worth your time. That’s no surprise really like I mentioned the majority of my reviews are telling you to avoid something since 80% or more of the programs I review are flat out scams.

Instant Income At Home = GRQ

By GRQ I mean “get rich quick” and that’s exactly what I see the Instant Income At Home system as.

Chances are you heard about it through some kind of advert online or perhaps an email? Email marketing is one of the ways that these kind of systems spread. Email marketing is a great thing and I personally have a large email list (subscriber base) from this website and others that I operate. However that being said email is also used by scammers and spammers to promote programs and websites that are a waste of your time.

Just look in your junk inbox and you’ll see promotions for all kind of terrible websites from pharmaceutical to make money online programs.

With Instant Income At Home what happens is the following:

  1. The website is put together by the owner
  2. The website is listed on affiliate networks
  3. Affiliates on the networks sign up and promote
  4. The affiliates promote the Instant Income At Home website
  5. Affiliates get paid when a sale is made

It costs $37 for you to join however from looking at affiliate networks I see that the owner of the website is actually paying MORE than $37 to anyone who can drive sales.

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Why would this happen?

It’s simple actually.

When you sign up and pay your $37 that is NOT everything you will be paying. At least not for the average person who signs up.

You will be funnelled into other up-sells and the website will try and extract as much money as possible from you.

Basically the owner of the Instant Income At Home website knows that a member of his program is worth far more than the $37 it costs you to sign up.

As I mentioned this looks like your typical “get rich quick” program, and after you purchase you will not be treat well.

The owner will spam you with other promotions and try and extract as much money from your wallet as possible.

Often with these kind of programs the owner will build up a large email list of BUYERS (people who bought his program) and then will promote high ticket opportunities.

I have seen many high ticket opportunities like Turnkey Business System and Aspire Today promoted in the past.

Instant Income At Home Conclusion

After taking a closer look at the website and noticing that I already reviewed this program under a different name a few months ago I know that it’s not something I would recommend. To me it’s your typical get rich quick program that promises easy money when the truth is the only person making “easy money” from this system is the website owner.

Instead of wasting your time, I recommend you check out my no.1 recommendation below which can really help you get started making money online.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $250k in the last 9 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

 

Tai Lopez Bitcoin Crypto Academy [Full Review]

Looking for a review of Tai Lopez’s Bitcoin Academy?

I just heard about this new course from Tai Lopez and wanted to share my honest review and opinion.

I’ve reviewed all of Tai’s recent courses including his social media agency course plus I even did a review of Tai Lopez here.

You can find all the details on his new Bitcoin Crypto Academy below.

First things first…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $200k in the last 6 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

Tai Lopez – Bitcoin Crypto Academy Review

So the question on everyone’s minds is how is Tai Lopez qualified to actually teach on Bitcoin? Is he just jumping on the bandwagon and looking to make money.

Personally I don’t think so because I know from reviewing a lot of Tai’s other courses that he is someone who aggregates amazing content / people.

What on earth does that mean?

That means that when Tai isn’t an expert on a particular topic he brings in experts.

For example: with Tai’s real estate investing course he admits that he is not an expert when it comes to real estate investing so he brought in one of his friends who is an expert.

This is what Tai has done with his Bitcoin Crypto Academy he has reached out to other experts who he knows have made a lot of money in the cryptocurrency space and asked them to teach on it.

So when a lot of people say oh Tai is just trying to scam people on a subject he doesn’t know about, Tai admits he doesn’t know and instead he’s brought in industry experts to teach you.

Would you rather learn cryptocurrency from some unknown person on YouTube, or from someone Tai knows/endorses and will put his reputation on the line for?

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Bitcoin Crypto Academy Training Video

In case you missed it or wanted to watch it you can re-watch Tai’s free training he did on Bitcoin here:

Training Inside Tai Lopez Bitcoin Academy?

So what is the actual training inside of the Bitcoin Crypto Academy?

Tai talks about Bitcoin and other cryptocurrencies like Ethereum but one of the things covered is actually the rise of alt coins. Alt coins are basically “alternatives” to Bitcoin. All the hype is surrounding Bitcoin lately and to be fair Bitcoin is the godfather of cryptocurrency. It’s the one that probably has the biggest long term potential however some people might argue the boat has already sailed.

So what Tai is teaching (or his friend is teaching) is about how to invest in alt coins that can give you huge returns of 100%, 1000% and even 10,000% and I know this to be true because I have actually seen this happen myself as I am an investor of Bitcoin and cryptocurrencies myself. I have seen coins surge from being worth nothing to being worth $100’s per coin!

An example of a hugely successful alt coin? Ethereum!

At the start of 2017 the price was just a few dollars and now it’s soared to nearly $500! Imagine putting $10,000 into Ethereum at the start of 2017. You’d be worth a lot of money right now!

But the boat has probably sailed on Ethereum now. Sure it could go up another 2 or 3 times, maybe even 10 times, but it’s unlikely to yield the insane returns it has for early investors. However if you are smart and you look for the right cryptocurrencies to invest in early on you could actually potentially pick the next Ethereum or Bitcoin!

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Should You Buy Tai Lopez Bitcoin Academy?

In my honest opinion Tai Lopez puts together good courses because he brings in experts. Plus he has a 30 day money back guarantee so there’s really nothing to lose. You could actually sign up and go through his program and then if you don’t think it was worth the money you can request a refund. I’m pretty confident though that after going through the training for the Bitcoin Crypto Academy you’ll be happy enough to not want a refund.

Is Tai Lopez Bitcoin Academy A Scam?

It’s definitely NOT a scam. I have reviewed many of Tai’s courses and I know that the Bitcoin Crypto Academy is not a scam. You can argue that Tai is not an expert on this subject however as I already mentioned when Tai is not an expert he brings in people who are experts to teach. You can think of Tai Lopez and his audience as a platform for online education. Tai doesn’t have to teach everything, instead he brings in the necessary teachers who are experts and that’s exactly what he’s done with the Bitcoin Academy.

Tai Lopez Bitcoin Crypto Academy Conclusion

This new course from Tai Lopez looks very interesting and I am not at all surprised he has come out with a cryptocurrency course since it’s such a hot topic at the moment.

If you want to get started I see no reason why it wouldn’t be a good purchase. I am happy to recommend it as I am a big fan of Tai’s.

Before you leave…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $200k in the last 6 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

CryptoGain – Legit or Scam Exposed? [Full Review]

Welcome to my review of CryptoGain.

Today I’m sharing my honest review and opinion on CryptoGain giving you all the details. If you’ve been looking for a legit review then you’ve come to the right place and you can rest assured that after reviewing 350+ products, systems and exposing many as scams you’ll get the absolute truth here.

Before I start

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $150k in the last 6 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

CryptoGain Review

Today CryptoGain is what I’m taking a closer look at. I’ve been investigating a lot of cryptocurrency websites, systems and make money opportunities lately such as EthConnect, BitConnect and USI Tech. These are in my opinion 3 ponzi schemes you should avoid but there are also genuine cryptocurrency systems out there too. It’s all about doing your due diligence and looking at reviews like what I am providing today.

cryptogain logo

Let’s get started with the CryptoGain review

CryptoGain has been dominating headlines and has slowly managed to spread its roots across the online marketing scene in recent weeks. It has become a popular Network Marketing sales pitch that has also managed to find its way across the vast reaches of social media.

Today, in a bid to separate the scam reviews from the legit ones, we shall be casting our microscopic eye at this cryptocurrency sensation that is steadily gaining traction ever since its inception. But before we delve into the nitty-gritty, I would, first of all, like to put on record that I’m neither a distributor nor affiliated with CryptoGain in any way whatsoever; and as such, my views on the subject are purely informative and impartial.

I think you’ll agree that’s the best approach with reviews.

Right, now that we’ve got that out of the way let’s bring up that burning question swirling at the back of everyone’s mind.

Is CryptoGain legitimate or is it simply a means to dupe unsuspecting people of their hard-earned money? Well, let’s find out.

CryptoGain Intro

The information around CryptoGain is scarce and, quite frankly, non-existent. Their official website is basically a blank page that lets on nothing in the way of owners, the base of operations among other important company details.

how does cryptogain work

The time stamp on domain registration dates back to October 22, 2017, however, just one look in between the lines brings to light the fact that their current active address is phoney. Moreover, while it’s quite clear that CryptoGain is barely a week old, the website deceptively states under its resume as having “many years of expertise”.

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CryptoGains Facebook page also sets off alarm bells seeing as it is only run by one administrator called “Bernie Thompson”. A quick search for his personal account only compounded suspicion that it was merely a smokescreen. I found it very odd that the account had only been created days apart (on October 26, 2017) from the company’s launch so probably this Bernie character is probably made up.

Another red flag comes with the company’s incorporation number that points to a location inside the United Kingdom. The aforementioned number can be traced back to an institution known as “BitLake Limited” whose purported incorporation into the same country dates back to June 14, 2017. And as is the case with the Facebook page, just a single officer, called Warran O’Neal, is listed under the company’s umbrella.

Whether Warran is another illusory alias or a real person is a subject still up for debate. However, it’s highly likely that those behind CryptoGain and BitLake are one and the same.

What does The CryptoGain brand encompass?

To describe the product line of CryptoGain in a word: nonexistent.

In fact, retail sales activities are at zero because there really isn’t any selling of services or goods because there simply are none available.

The only marketing notion is an affiliate membership that is up for grabs at a price, a strategy synonymous with fraudulent MLM schemes of the past and ponzi schemes.

CryptoGain’s Compensation Plan

The primary objective of CryptoGain’s affiliate program is to reap financial rewards in the form of daily ROI bonuses gained through the investment of Bitcoin.

To me this kind of sounds like how USI Tech works.

There is a trio of investment options for affiliates to choose from which are as follows:

1) Bitcoin: For a 5 BTC investment of 0.001, the affiliate gets a 10 % daily ROI cut.
2) Ethereum: For a 10 BTC investment of 5.001, the affiliate reaps a 21 % daily ROI commission.
3) Dash: For 10 or more BTC investments, the affiliate earns 15% daily ROI

Apart from direct ROI payments, direct referrals that result in a successful investment of personal funds by newcomers also offers a complementary means for affiliates to earn.

The basis for the extra revenue hinges upon a uni-level payment system where members earn a progressively reducing revenue across the various levels. A 2% bonus is on offer for efforts resulting in a level two recruits while a 5 % commission is imposed on level one newbies.

These kind of payouts are very high and the daily ROI seems unrealistic to me. It screams ponzi scheme in my honest opinion.

What does it take to earn CryptoGain membership?

CryptoGain offers free membership to all, however, an investment of not less than 0.001 BTC is the financial threshold in order to be eligible for the ROI and referral bonuses.

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Is CryptoGain A Scam or Legit?

Well, to say outright that CryptoGain is a scam would be rather harsh considering they are a new company. However it’s really hard to see how this opportunity could be legit given that it resembles a ponzi scheme and is very similar to other operations that I have slated like USI Tech and BitConnect. I can’t realistically sit here and sat that CryptoGain is a legitimate company when I have slammed other companies that actually have a track record.

The huge red flag really is the fact that recruiting is going on here that pays on multiple levels and “GUARANTEED” returns are on offer too. In the world of finances there is simply no way to offer “guaranteed” returns when trading cryptocurrency or anything for that matter so whenever I see this claim I am immediately thinking one thing “ponzi”.

CryptoGain Conclusion

I won’t be investing in CryptoGain and won’t be recommending it to anyone else either. The simple fact is that it resembles a ponzi scheme. Unfortunately many people will jump on this and end up investing. Chances are some will actually make a lot of money however there is always a risk that the company will collapse at any given moment. And in a new world of cryptocurrency where BitCoin is effectively untraceable it would be extremely hard to track down and get any of your investment back. Investing in any kind of operation that guarantees daily ROI’s in the cryptocurrency space is probably the most HIGH RISK investment you could make so be careful!

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $150k in the last 6 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)