Tuesday 7 February 2017

BTC Flood Review – Legit Company or Big Scam? Let’s Find Out…

BTC Flood Review – Legit Company or Big Scam? Let’s Find Out…:



He was likewise an affiliate with CommHubb, a collapsed Ponzi pyramid hybrid.



There is no information on the BTC Flood website showing who runs the company or owns.



Continue reading for a complete review of the BTC Flood MLM opportunity.



Zahid Hussain promotes BTC Flood on his personal Facebook page utilizing the recommendation code "btcfloodadmin" and seems the owner of the site.



The BTC Flood website domain (" btcflood.com") was independently signed up on October 10th, 2016.



In late 2016 Hussain was promoting AmazeBTC and ZarFund, both bitcoin money gifting schemes.



The official BTC Flood Facebook group notes two admins, Zahid Hussain and Meenakshi Somani.



The BTC Flood Line of product



BTC Flood has no retailable service or products, with affiliates only able to market BTC Flood affiliate subscription itself.



The BTC Flood Compensation Strategy



The BTC Flood payment plan sees affiliates present bitcoin to each other via a 2 × 4 matrix.



A 2 × 4 matrix positions an affiliate at the top of a matrix, with two positions straight under them



These 2 positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the very first 2 positions into another two positions each (4 positions).



Each level of the BTC Flood matrix runs as an independent money gifting tier.



BTC Flood affiliate membership is tied to a 0.04 BTC gifting payment to the affiliate who hired you.



A BTC Flood affiliate signs up and gift 0.04 BTC to the affiliate who hired them. This payment qualifies the affiliate to get 0.04 BTC from 2 affiliates recruited into the very first level of their matrix.



After making a little cash or more likely losing it in ZarFund and AmazeBTC, Zahid Hussain has actually cottoned on that it's much more successful to run a cash gifting fraud than it is to participate in one.



Levels three and four of the matrix are created in the same manner, real estate 8 and 16 positions respectively.



Meenakshi Somani and some of Hussain's other friends get exactly what's left, with most of affiliates taking a loss when BTC Flood inevitably collapses.



Full involvement in the BTC Flood earnings opportunity expenses 1.3 BTC (1 BTC a month after 4 BTC has actually been received).



This is due to pre-loaded positions, through which Hussain receives most of funds deposited into BTC Flood.ind them..

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