They seem to mine appr. What could be the purpose of doing business for a loss if each of. Notify c,ock of followup comments via e-mail. CarMax has been the best car buying experience I have ever had to be honest. ECN Forex Broker - Currency Trading and Exchange - FXOpen.
There is no information on the BitClub Network website indicating who owns or runs the company. Referral commissions on investments made by recruited affiliates are paid out through a binary compensation structure. A binary compensation structure places an affiliate at the frex of a binary team, with two positions directly under them: In turn, these two positions branch out into another two positions and so on and so forth down a theoretical infinite number of levels.
Commissions in the binary are paid out according to the pairing coock investments on either side of the binary using a ratio: To qualify for binary commissions, an affiliate must torex recruit two affiliates. As with the referral clofk paid out on the 3rd to 5th recruited affiliates, these referral commissions extend down a theoretical infinite depth.
The 9th affiliate recruited pays out a When a recruited affiliate recruits nine affiliates, the affiliate who recruited them is paid an additional noobw. Set to continue the notorious reputation the Bitcoin MLM niche has carved out for itself is BitClub Network. Whether the funds are converted cclock Bitcoin or otherwise is irrelevant, with BitClub Network preserving the Ponzi requirement of new affiliate funds being used to pay off existing investors.
Affiliate funds are funds regardless of the currency used. Whether or not the scheme has registered itself with the SEC is unclear. LeMont Silver is currently being sued by the Clocck Rewards Receivership for his part in the stealing of funds from victims of the scheme. Upon learning the Receivership would be going after Zeek Rewards top affiliates, Silver fled to the Dominican Republic.
After lying low after the collapse of JubiMaxI suppose BitClub Network is supposed to be his return to the MLM Ponzi arena. Even with the prospect of having to pay back the funds these Ponzi pimps have built their respective fortunes on, it seems the nature of the beast remains the same. Unfortunately, other than acting as a front for new affiliate funds to be transferred over to T. If profits are forec from the mining then it is a real rev share.
Chang Q Todd Hirsch :. This sounds noobss a legit deal to me because the bitcoin mining can keep it going. Which pool are they on? What hardware do they use? How many pooled THs do they have? Do you even know what I am talking about? Begs the question that if any such affiliations are in place, the hell do they need thousands of dollars of affiliate funds for. In the wake of the collapse of every single alleged rev share program, in what universe could this possibly not be a scam?
And then use the money to buy better equipment and do more bitcoin mining? Even if one did, moobs highly volatile value of Bitcoins make it an insane risk. In fact, I would get the impression from the lack of any useful information about the mining operations that like the penny auctions in Zeek, a cover and the real money is flock from Peter to pay Paul. Clkck Securities, Bitcoin noobw being not upfront about who runs foreex makes for something any serious investor or lawyer would tell you to run away from.
However, noobw advance of BC mining rigs have progressed to the point where people are barely earning back the cost in electricity. And you can join a REAL mining pool FOREVER if you bought the hardware. Heck, your existing PC can join a mining pool and costs nothing more than whatever electricity you use.
Everyone here being negative have nothing to say until the program actually launches. They really are going to mine and the comp plan is genius in my book. Bitcoin mining is not an MLM product. It was designed to make mining progressively difficult. And with more people getting into bitcoin mining, it became impossible to make any money from mining at all. What is is, precisely, is just another radioactive and dangerous example of La-La Land Whack-A-Mole.
Let alone the fact that bitcoin mining is not profitable enough to pay out as they are promising. I doubt very much they have a single machine or intend on having anything to do with BTC, straight up ponzi IMHO. Chang Q Todd Hirsch : I already own a lot of bitcoins. Xlock Q Todd Hirsch : more than you probably know. Really sick how these people are committing wire fraud cara menghitung swap di forex they even launch, the entertainment never ends in this ponzi niche.
With Silver and Jimenez in the DR after the Telex debacle the DR will not tolerate ponzi pimps working Dominicans, US has strong ties with DR not to mention an extradition treaty. Hirsch is in the Philippines, so for the people reading this site doing DD wake up: This is a telltale sign that scheme will take peoples money, promise coins that will never come, pay off old investors with new investor funds and clck collapse.
I believe sites like BehindMLM may possibly wake people up, fordx the authorities up and stave off growth before momentum. Go to that link and read about RCC and RCC2. As if owning them makes you an expert. I must be a cold expert since I caught so many. If you use lesser equipment, profit will be less. If I know I am taking a risk, what is the problem?
If the SEC says it is a Ponzi scheme then I will stop forex 4 noobs clock. But until they do there is nothing illegal about this. I would prefer to put my money into this kind of enterprise then I would at a casino. Attempting to equate Ponzi schemes with some other niche is chapter 2 rorex 3 of scamming Just like killing people willy nilly is still a crime regardless of whether the police actually catch someone. Assuming no downtime, no admin cost, no cooling cost, and no other overhead like location rent and so on.
Todd Hirsch: Moron and thief! Todd plays himself off as a business man, he is a scammer, any money he has made is from scamming with his schemes and if you study all of his comments you can tell he has a low IQ. Island Nut: you are another ignoramus! Your attitude leads me to believe that you dont care who you screw with illegal program. Coin developers know exactly how foex of their coins are goiing to be mined per day month year until all coins are mined in say a 20 year period.
After months, the cost of power will probably be higher than than the amount produced. The noovs level is being updated noob Like the rockets of war rain down on their human targets, HYIP offers fairly rain down from the skies of the Internet, putting vast numbers of people at risk. I checked 3 or 4 calculators, all from the first page of search hits.
Or nearly 19, times more difficult in 31 months. Aug 12 2, 6 months later. Feb 05 3, 12 months later. Aug 03 37, 18 months later. Feb 05 2,, 24 months later. In reality, the more power people throw in the more difficult it will get. To make it profitable, you will nnoobs to make all the others reduce the power they throw noobz. You do not need to know calculus to know that. Cost of that mining hardware that needs to be run around the clock to mine bitcoins will never vlock you be in the forex 4 noobs clock unless fores are brilliant mathematician who designs his own algorithms does his own hardware repairs.
If such people exist and willing to do the work, they are smart enough not to borrow forfx at ponzi firex rates. If you did not do so, you will have to surrender net winnings. Chang Q Boris : You do not need to know calculus to know that unfeasibility of Bitcoin mining. Chang Q he Dunning—Kruger effect is a cock bias manifesting in unskilled individuals suffering from illusory superiority, mistakenly rating their ability much higher than is accurate.
This bias is attributed to a metacognitive inability of the unskilled to recognize their ineptitude. Chang Q Or forexx, Confucius? He forex 4 noobs clock cloock tremendous misinformation, lying and hyping, he needs to be in jail. He needs to be thrown behind bars. BC mining only makes sense with EXISTING hardware, which will be worth nooobs and less.
Chang Q Rubin Kay : What type of transparency do we need to see to know their true intentions? This ponzi scam is launching to day and will be pimped hard by the likes of Brian Spatola, Strosdegoz the scammer, Frank AAstheimer and of course T. I will be certainly pointing the Feds and all other authorities to this scam and hopefully have it shut down before too many people lose their money to the scumbag pimps!
I find the comments made on this post about BitClub, mining, etc. I find the comments made on this post about BitClub as incorrect. I know the owners personally and I am about to sign up. I am not into Zeek and never have been. The guy that owns this is anonymous for one reason — bitcoin is decentralized and he likes that fact. The owner is an American and he lives in noobw USA. The sites are indeed hosted in the Netherlands and the clocck is in Europe.
I have seen it firsthand. You idiots bashing people for no reason and with no information is hilarious. And please do not think Todd Hirsch is part of this in any way as he is a crook. We do not screw people. EVERY SINGLE PERSON IS MAKING MONEY DUE TO THE MINES! Seems like there are alot of people here forex 4 noobs clock Bitcoin but I doubt any of you own any.
There is nto currently any type of SEC regulation regarding Bitcoin. People do not sent in cash or use credit cards to join. Every single person that has joined BCN has made money off the mine they have invested in. It may be small but over time it adds up. You need to noos thinking everyone that withholds their name is hiding. The noos is NOT hiding — he is enjoying the privacy bitcoin provides as hoobs decentralized currency. The guy that owns this is anonymous for one reason Because he thinks that will keep the SEC off his back.
The BitClub Network compensation plan is known. Seems like there are alot of people here talking Bitcoin but I doubt any of you own any The owner is NOT hiding — he is enjoying the privacy bitcoin provides as a decentralized currency. Of course the owner is hiding. There is no excuse for the owner of an MLM company to hide. They do noons show the miners they own or let you know what pools they are mining in. They are most likely buying 3rd party mining and do not own a mining center.
No information to be found about the owners, HQ, noovs pools. They seem to be up and running and fully functional now. No one shut them down or anything. Just got 2 email updates from BitClub Network. Wanted to know if this info would give any credibility to the companies legitimacy. Once our pool is recognized and we are showing on the chart above you will see every Genesis block that we mine stamped with BitClub Network. This will not only provide undeniable proof and verification of our mining, but it will give us amazing exposure within the Bitcoin world.
Each block will be recorded in the blockchain forever cpock we can link directly to EVERY BLOCK MINED by our pool. The only thing that scales here is the amount of new affiliates coming in. BitCoin mining stays the same and has diminishing returns due to the protocol. The BitCoin mining is and always has been smoke and mirrors. All you have to do is ask management how much of the ROI paid out is sourced from BitCoin mining. This is a 3rd party public hard evidence that Bitclub Network is creating you passive profits from real crypto currency mining!
Recyling new affiliate fees to pay existing investors with a token amount of mining does not make a Ponzi scheme legit. Set up a rorex based on token penny auctions. Set up a ponzi based coock token Bitcoin mining. Forex trading is one of the biggest industries clcok the world. Set up a ponzi based on some gorex concept that sounds good in theory.
Set up a ponzi pretending to be a successful sports better. There are a few very successful well known social networks. Do you think the block chain could be manipulated by anyone? I have been receiving bitcoin since I joined only from the pool. I have sent a request to bitclub network support to take out the referral portion of the biz. Here you can see noosb many bitcoins have been mined by BitClub Notwork I looked moobs the 4 last blocks mined by Bitclub Network.
They seem to mine appr. Jan 27, pm 3ea1caaeb57f9d…. Jul 11, pm eecb65d2f7d15a…. I think it will not be to long noobbs the new mining place is online. Noobs the mining operation was profitable and legitimate the owners should be bending over backwards to be SEC compliant and yet clearly they are not even trying to do that.
There are many ways to legitimately raise funds for a profitable business which has outstanding prospects and yet here we have known scam promoters, again using webinars to raise money from the unsophisticated…. So why do they 44 it now? Why not take a loan out from the bank, pay it back with mining and then use those funds to build the business? Now that I am in will not promote it will post how long this one pays me for my mining pool shares.
I only checked YOUR information plus some additional information Joobs found via the noosb link. And I verified the information I found BitClub Network among the miners. Probably a good idea. It more often has an opposite function. The mining here is torex likely a facade, just like Zeekler. Getting paidevery day for Mining and as well as the commissions. Very happy with the company I know a few people who are doing this full time. Joey : Getting paidevery day for Mining.
First of all thank you for your concerns and opinions. Everyone is entitled to cock own Opinions. We are nopbs a mining company. A lot of our Bitcoins come from the mines. Also with a referral system implemented it gives everyone a chance to make some income and thus giving people jobs to go out their everyday lives. It has clpck working great for a lot of people in the company. Their will always be Negativeness on MLM programs, because of scammers. We nkobs share a node with Antpool, one of the largest mining companies out there.
Let me ask clocj this, Why do they remain anonymous too? Reading your post on Bitcointalk tells me that fforex do have in fact done your research on the company and pretty much knows how it works. Please understand that their are scammers out there that impose Bitclub Network and try to scam us and even other people. Of course referrals is where you make the most.
Yes its a one time fee, but their are other mining shares you can purchase, each and every share renews itself from repurchases. Whatever mining may or may not be taking foerx does not justify pyramid-scheme recruitment commissions. First real deal I have seen where everyone makes money passively. First and foremost I mined bitcoin prior to being with them and they do indeed know their shit. For someone to automatically ASSume they are frauds nobos quite funny.
I saw the mine in Bulgaria and saw the plans for the new mine foex Iceland. Jeffrey Babener is in my investment group and I talk to him frequently. That is very much the definition of a securities offering. If you actually are doing bitcoin mining, you are an EXACT parallel to the SEC vs. He may even join! There is a ton of retail activity moron. I asked Jeff before I joined. Oz I know everything about compliance.
We have talked to him too. Further input from others with pool experience this with ref to 3rd parties pointing at their forex 4 noobs clock : A few blocks will be mined sure. Ten days after joining I started to see my share of mining profits in my account on the Bitclub Network site. This allows me to hold the coins or convert them to USD. After 40 days of mining payments I have been paid about 0.
Of this I have been able to withdraw cllock. If you do the math in days based on the current price of bitcoin staying the same I will have made back the cost of the shares plus a few hundred dollars and my required reinvestment will have purchased me a new share in all three pools which will continue payments from mining profits in the future. While I realize that is not a guarantee I noons seen improved mining results and expect them to continue to improve over time.
Forex 4 noobs clock am also hoping to see an increase in the bitcoin price. Forex 4 noobs clock is yet to be seen because it is still being launched but all avenues that make Bitclub Network the right decision for me. If anyone has any questions please reply with your question, I also welcome comments but please make you comments useful to myself and others. This is based on the current price, USD. So what the bloody hell is your problem? Support is really good, they are always answering within 24 hours.
For doing this they made a percentage of any new money going into BB. Neale Pocock — Spain Banners Broker manager. Paul McCarthy — Ireland Banners Broker manager. Ayup Ali — Bangladesh Banners Broker manager. Also BitClub is sponsoring at this event. The company covered the first month of expenses and I had to pay the rest. At the end of a full year, I had the option to sell foreex machine back to the company minus the profits from what my machine had mined.
I never sustained enough earnings to cover those expenses and make it worth while. Then they went all into this binary compensation program pay plan without explaining to me how the 2 go together. On the blockchain you can exactly see how much bitcoin BCN was forex 4 noobs clock so far : 7, The price of joining to BCN is not about to buy bitcoin, it is clck buying share in the mining pool. Which blockchain would that be? Why is there supposedly a large amount of BTC sitting there doing nothing?
Within the context of an MLM opportunity that affiliates are paying fees into, none of it adds up. Now explain why none of it adds up. All I see is coins going niobs some random BTC address, that may or may not have anything to do with BitClub Network. And if they are RENTING servers from others and reports are they are renting servers from Germany, Japan, etc. Anyone can request a withdrawal anytime. The Bitcoin then deposited into you OWN wallet within 24 hours. I have a dozens of proof that is INDEED paid out.
Hint: That linked BitCoin account had no withdrawals I could see. If all you have are affiliates depositing funds and those who recruited the most paying out… noob, you know what that is — regardless of whether the funds are converted into BTC or not independent from the mining activity. I just found this thread doing my DD and it gave me 2 lines of research so thanks to all contributors.
I am by no means an expert in Bitcoin mining OR MLM schemes, but I do have some personal success with the profit sharing model and I can say that the compensation plan got me a little worried! It makes it very hard to figure out the math and unless it is clear that the income generated from retail sales or investment return can easily cover the payouts and then some, the model is unsustainable.
If forex 4 noobs clock prove valid then the gig is up for my part. If it looks like a Duck and quacks like a Duck… That being said I still hope to be proven wrong… I just like the idea, Lol. So keep reporting new findings please and thanks to all. This is what I am thinking when I first watched their videos. The forex 4 noobs clock one talked about how great Bitcoin is and how it works and all.
I was still waiting for the part that told me how the Bitcoin mining tied into this comp plan but it never came. I know they have a completely separate video talking about Bitcoin mining but that has nothing to do with any binary comp plan. They are just 2 different things and that is what worries me! Is it worth fforex invest or not?
The company does mine and anybody could check that on ANY blockchain website! Let me make forex 4 noobs clock very clear. This WOULD be a Scheme if they were not generating money from an external source, hence the mining aspect of the company, its not just an MLM. They control percent of ALL mining, now fotex might not know how much that is but it is in the millions of dollars. That money gets distributed to the people who have a contract noobx them. Of course they keep a small percentage, they have to.
Costs of running a mining operation of this magnitude will cost you millions a month just on maintanace and electricity. The only logical conclusion is that newly invested funds are being used to pay off existing investors. Any reshuffling of newly invested funds to pay off existing investors constitutes a Ponzi scheme. What you do outside of that core Ponzi mechanic is irrelevant. You only came here to post your recruitment scam and earn commissions.
Case in point the token mining taking place is irrelevant. Chang Q The problem nopbs, there are only less than bitcoins mined PER DAY, nokbs that figure is from a year ago. And the difficulty is steadily increased and yield periodically halved. If the server admin have that much computing power, they would be mining themselves and pocketing the profit. You can look at ANY website in the world that tracks blocks rewarded and you will see. They mine in Iceland which significantly reduces energy consumption.
If you know anything about Bitcoins you know the halving period is every 4 years, and its not due to later this year. The reason they cant do it on their own is because of what you said, computing power gets too hard for their hardware, noobd becomes obsolete. The more shares you own the more you get. Thy have mined forexx Million dollars worth of bitcoins.
It nooba easy to follow where the money is and where its going. Chang Q Bitcoinguy : Cllock reason they cant do it on their own is because of what forex 4 noobs clock said, computing fofex gets too hard for their hardware, it becomes obsolete. And this is where you started IGNORING what just came out of your mouth. Do some research and youll see what im talking about. What you dont understand is that YOU CAN FOLLOW AND TRACK ALL PAYMENTS FROM BIT CLUB NETWORK DOWN TO ME AND WHERE IT CAME FROM.
Why dont you guys get that? It says its new coins generated, to bit club and so forth down to me. If you want to go in deeper, you can TRACK THE PAYMENTS TO ICELAND AND BACK TO US. Contact Bitfury, the reputable mining hardware company and ask them about their foerx with Bit Club. Token mining takes place which fails to explain the ROIs or recruitment commissions forxe out. Just that the majority of commissions here obviously have nothing to do with BTC.
So you know, nobody can edit or add them to blockchain. ROI comes from the mining. Simple, Transparent, and can be traced. Any money you have been paid is from recruitment so far, which as I just said has nothing to do with BTC. Or they just convert affiliate funds into BTC and recycle it out again. You cant recycle that. It comes from nokbs bitcoin code, into bitclub and then to me.
Its not like it goes to bit club then gets distorted then i get it. Its pretty clear and the trail is there, open sourced and for anybody to see. And the ROIs are paid in days not She hasnt recruited anybody and still has gotten paid daily. They pay more than 7k per day to their affiliates and contracts easily. Where is that money coming from?
Cant be newly invest funds. It would be mathematically impossible. It doesnt add up, its not like they get k a day from new invested funds. Yet BitClub Forxe are offering linear ROIs. Chang Q Bitcoinguy : Oh you guys are hilarious. Since you guys are so closed down to the idea of an MLM company being transparent about it, i will let Flock 18 MONTHS PASS BY.
Hey, my wife has half of her investment back already without recruiting anyone and its only been a few months. You cant dispute that, and the other peoole that didnt recruit anyonr but havr gotten their investment and more back? Its impossible to recreate a Rewarded block. Out of blocks mined to date at that pool, went straight to third party miners, nowhere near BCNetwork investors. If you actually follow the Blockchain transactions, distorted is exactly what it does get.
Why would they do that with newly minted coins? And no exit strategy whatsoever, unless you want an obsolete ASIC shipped at your expense from Iceland maybe. We should have our investment back fofex the end of next month. In fore our account should be suspended by the time we earn back right? If i dont, i will post fkrex here. That is the noobx reason i signed up. Of course not, why would they do that? Or what happens dorex your accumulated extra shares? I listened to that Acapulco chat with Joby Weeks, one of your main men, the other day.
Amongst his other exaggerations and downright lies, he was rambling on about becoming the biggest etc. Last week, the Chinese pools found blocks. Bitfury, who threw BCN some hashrate recently, found They can afford it. Foreex other is still in my BCN wallet. Can you not see the incredible cost of the matrix structure from your own example? It could mean Bitfury are mining at their pool. I know Nobs were paying third party miners a clovk to mine with them and inflate their hash figures.
There have been two major recent examples in Bitcoin mining of operations which mine but hugely oversell their capacity. Real, physical, money paid by unsuspecting participants is being held somewhere until clok, somewhere, pays into the scheme. Then part of that money gets shuffled over nokbs another unsuspecting participant who paid into the scheme, but not before a cut of that money is are stock options taxed twice by the scheme operators.
Meet the the illusive owner of BitClub clockk may also remember him from such hits as BlockBuzz, Greenzapand Pixmeup plus…drum roll please……. The question is how does Week know that BCN had contracted use of these ASICs, or did he just randomly pulled it out of a news item, which is not hard to do. I bought the bitcoins for the EXACT price it is now.
To me, that says you paid BCN at the end of November. BCN are the only people in the world with Bitfury chips, buying all they can produce. Foeex as though it could possibly be similar to this Bitclub network. Looks like it is connected to the YOBSN business with aggressive recruitment in Lcock and South Africa. Looks like this is the official site but with no public info on their Bitcoin mining product yet.
Hes also just a member. I do know they are using those asic chips now. I do agree, maybe weeks misunderstood. He knows exactly what he says. By the time i get my investment back, i should have 1. I have written about this at length with graphics here: bitcointalk. Now after reading a lot here, I am very confused if this is a good idea or not. I am interested in buying bitcoins, but really unsure if I want to be involved in this particular noogs.
BCN also have a mining pool for public miners to gather their resoueses with BCN to fotex Bitcoin. Where does the rest of the money come from? BCN forex 4 noobs clock indeed a legit network that mine bitcoin this could be verified true blockchain. There are reasons why currency forex 4 noobs clock money exist. BCN alows you to use currency and get actual value out of it.
You can not value BTC and other Crypto and compare it to fiat currency when the currency and its market are cloc manipulated by central banking and their interest rates and inflation. It is particularly interesting for Bitcoin nerds anyway because it links them with Genesis Mining and could explain a lot about BitClubPool. I see a gap trading indicators of ignorance to what an actual blockchain and p2p public ledger actually is.
So is crypto by their equivalent, the miners. Vlock may even be a true cryptocurrency in that it has blockchain and whatnot, but it has NO VALUE as a currency. Furthermore, buying mining whatever is ALSO signs of Ponzi scheme, and this is opined by a major Bitcoin developer, someone who understands Bitcoin at the source code level. In fact, he said a majority of BITCOIN mining ops that you pay into are probably Ponzi schemes.
Granted, consumable items that are repurchased by the same people, such as Mary Ofrex or Amway products require people to spend money from their jobs or money earned clocck people who work jobs, the money still has to continuously be spent into the operation to fund earnings. If BitClub was a true ponzi, then they would not be still in business. From this thread, it appears that they are developing ways for none share-holders to spend money that will result in earnings for contract holder besides their share of the BitCoin mining operation.
In my personal opinion, you guys are straight up haters. But unlike OneCoin, it appears that these guys are actually doing something and have substance that is provable. Thanks, for the insight. Bitcoinguy and his wife sold me. Even the K idiots that think the dollar is going to survive long enough to draw out their retirement. Fat chance with that! Anyway, I happen to know some of the people who are very close to cock ownership of BitClub, and they are very honorable people, but I still had to check before noos the plunge.
Flrex ROI maturity is quite long in BitClub Network, which prolongs a collapse if you trickle ROI payments nobs takes longer to exhaust invested funds. Remember, the only a few day ROI maturity periods have expired. Not on the fixed time-frame BitClub Network operate on anyway. You guys are straight up forex 4 noobs clock. I happen to know some of the people who are very close to the ownership of BitClub, and they are very honorable people. Instead the anonymous owners ran away and now operate from who knows where wink wink, nudge nudge.
But, I can only hope that I can get a return of 5 bitcoin. Well, I can say they are ranked 36 of I believe they are going to be around for a long time, but I could be wrong. Give me a break. I suspect many of them [the Bitcoin cloud mining companies] will turn out to be Ponzi schemes. In other words, you basically self-deluded yourself into hoobs your own fiction with no regard to reality.
One of the answering comments from a respected forex 4 noobs clock who points his gear at their pool for their low fees commented Yes, you are right im missing my payments. Non of the official e-mails are working any more and bitclubnetwork support does not answer. Thanks to lots of good info on this.
I quit to noobe and nkobs in clubcoin. There are some people who persuade into joining bcn these days in Korea even though it just started. I earned almost btc here already. If its a scum let all scums will be like that one! So, its almost and its still working very good. Mail will not be published required. Leave this field empty. All trademarks, logos and images are copyright of their respective owners and used under the provision of Fair Use.
BitClub Network Review: Zeek Ponzi veterans at it again…. BitClub NetworkcompaniesMLM Reviews There is no information on the BitClub Network website indicating who owns or runs the company. The BitClub Network Product Line. Clockk Network has no retailable products or services. The BitClub Network Compensation Plan. A binary compensation structure places an affiliate at the top of a binary team, with two positions directly under them:.
In turn, these two positions branch out into another two positions and so on fordx so forth down a theoretical infinite number of levels. Commissions in the binary are paid out according to the pairing of investments on either side of the binary using a ratio:. To qualify boobs binary commissions, an affiliate must personally recruit two affiliates. I think it is going to ckock huge. Where are the thousands of dollars in firex funds going? Last scheme to attempt this bitCoin disguise, PayMony, already collapsed.
Chang makes the point that Flrex first thought of when I read this. Was just going to see what this was all about, sounds like not much or not a lot to go on — great additional comments too, thanks! Hosting provider might have pulled the plug. The site ckock not even launched yet…. I actually know a lot about bitcoins and mining them, more than you probably know.
I already own a lot of bitcoins. There is nothing new here, several scams have already tried the bitcoin mining facade as forex 4 noobs clock front. Anybody who has computer knowledge knows that bitcoin mining is no longer profitable. So whatever brilliant plan you saw, it is irrelevant. Todd Hirsch : This is a new thing and it can not be compared to past programs.
If the fact that the Zeek ponzi pimps are behind this is not enough to get you running the opposite direction then you sir a fool. Todd Hirsch : I already own a lot of bitcoins. Nope, just that you have no ears to listen. Todd Hirsch : more than you probably know. Gavin Andresen, perhaps the most respected and well-known Bitcoin developer today, made a rather interesting statement about Bitcoin cloud mining the other day, and the strange thing is that it went basically unnoticed by the community as a whole.
Oz you were right on top of this forex 4 noobs clock sir, Kudos, lets see if frex powers that be noobe looking at this informative site and nip it in the bud before it takes peoples money. Hirsch is in the Philippines, so for the clodk reading this site doing DD wake up:. The Big pimps are nopbs from outside the US. This is a telltale sign that scheme will take peoples money, promise coins that will never come, pay off old investors with new investor funds and inevitably collapse.
I guess Todd Hirsch knows more about bit coin than Gavin Andresen, lol. Hope you had a good time off, thanks again to you and flrex contributors! And this reminds me of being told by a friend…. Yes Todd Hirsch owned and operated under RCC Worldwide Inc. The RCC corporate office is located in Davao City, Philippines.
Look who is getting a lot of press. Nokbs wish to be as big as I am described in this post. Just for grins… I decided to run some numbers. I threw some cash on the Black Jack table last night at an Indian Casino lost of course. Ponzi schemes are illegal and unsustainable whether or not the SEC get involved. Spare everyone the clodk and just own it son. Ruhroh… BitClub Network launch delayed a few days. If I got my math wrong, feel free to correct me.
Ozedit: You run matrix-based pyramid schemes. Do forsx even try to deny it. PPBlog : nooobs is associated with a region known for ethnic cleansing. It has become times more difficult from September to August in 1 year plus a few days. Aug 07 foreex, 30 months later. Boris : You do not need to know calculus forsx know that unfeasibility of Bitcoin mining. And yes, you have to know some math to understand mining curve to see how coin mining became exponentially more nooobs and costly with time.
Basically, unskilled idiots are so sure of their own in abilities they went ahead and make a fool of themselves. Somebody please stop this guy, T Lamont SIlver, He is an American hiding in the DR, he is out on the WWW, he is WORSE than Bernie Madoff. Please look minutes in. This is wrong in so many ways. Whether any mining takes place is incidental to the BitClub Network compensation plan. They might very well rent a mining rig but that has nothing to do with how money flows in and out of the company.
What type of transparency do we need to see to know their true intentions? Rubin Kay : What type of transparency do we boobs to see to know their true intentions? My bet is none, zero, zero, and zero. What out for all the scamming pimps today! I know Brain Spatola personally. Froex find Brian to be a very good and honest person. I do not work for the SEC but I do work for the Federal Reserve Bank. If true, that is truly alarming. You must be a janitor there or something.
I find this article completely funny. Ozedit: Offtopic comments removed. BCN is a solid company and was mining for 2 years BEFORE the MLM side went into effect. The guy that owns this is anonymous for one reason. Because he thinks that will keep the SEC off his back. Just forex 4 noobs clock every single person was making foeex in Zeek selling bids.
Todd Hirsch : I actually am not scared to put my name on anything I create or join. What does that prove?? Neither were Bowdoin, Burks or Madoff. Constantine : You need to stop thinking everyone that withholds their name is hiding. Any one withholding their real name are at the risk of doing the same. Kevin Trudeau is a great example. Being pitched right now for BCN.
Has anyone heard of Onecoin? OneCoin the Ponzi scheme or another OneCoin? Same word as when I wrote the review. Getting shut down forex 4 noobs clock neither here nor there. Here is an excerpt from the email:. Rubin Kay, quoting BCN : This will not only provide undeniable proof and verification of our mining. I know you guys always want to find a catch but this forex 4 noobs clock THE undeniable proof.
Keep guessing but this is a undeniable proof that they are doing the mining. First public mining proof on blockchain. Known Blocks BitClub Network 2. How many times does it have to be said? Whatever token mining activity flock or may not be taking place is obviously not funding the day ROIs being paid out. Ditto the recruitment commissions pyramid scheme backend. Ozedit: Feel free to address the fact that gorex mining is taking place is obviously not paying the Fprex promised forex 4 noobs clock BitClub Network.
Price of gold is rising. Set up a ponzi based on non-existant gold trading. Anyone noticed these clcok come and go all the time? You can track BitClub network mining pool on BlockChain. Here you can see how many bitcoins have been mined by BitClub Notwork. Do you think the mining has anything to do with commissions paid out? Full Disclosure, I have a pool position fkrex BitClub Network with no one under me. So why do they need your money at all then?
I nnoobs at the 4 last blocks mined by Bitclub Network. Foerx how much BTC have they mined since their beginning? Sounds fprex a money LOSING proposition. Are they yielding enough BTC on average for the amount of Gigahashes they claimed to be putting in vs. Is it even a net positive operation? Are they yielding enough BTCs to justify the costs? OZ, according to what is on webinars the people running Bitclub Network needed peoples noovs to purchase more computing power and to expand the mining power.
No offense but raising capital this way is illegal. Wanna bet how this ends. Jan 27, pm. The review is from August 30 Comments up to post 70 are from before January 27 I am too into Bitclub network and its been great!! I also know the founders of the company which are great people as well. Just wanted to clarify, that this is Not a scam noobz Ponzi scheme.
I also know the founders of the company. This is Not a scam or Ponzi scheme. To be completely accurate, your statement should read:. Hows it going Guys? Here is our video with our mining setup:. Here is also The blocks we hit:. We are working on Distributing Bitcoin ATMs to various countries as well as merchant services. Also we are opening the FIRST Public Mining facility in Iceland for the public to see. Its not in my position to reveal who stock manipulation options expiration persons are.
Thank nnoobs guys I appreciate your time. Im here to listen and have a discussion. Also with a referral system implemented it gives everyone a chance to trading forex untuk hidup some income. Opinions cloci damned, where are the referral commission funds coming from? Why is that nobs Therein lies the fraud. Easy way to settle this. Oz, what do you need to see to accept this as a legit MLM company?
Joey, just get Oz what he asks for. Retail sales or a product or service to retail customers, with commissions paid out on said sales no lip-service psedo-compliance token offerings that nobody fofex or sells. I am in BCN and I love it. Noobd you are not in you should be. Not so much funny as stupid. Ditto idiots who gloss over the business model and ignore aktuell valutakurs forex glaring compliance issues.
There is nothing passive about getting paid to recruit new affiliates and have zero retail activity taking place. If you want to know what a fraudulent cryptocurrency mine forex 4 noobs clock go take a look at Ozedit: Offtopic derail attempts removed. Retail is ALWAYS taking place. One time buy-in and you automatically repurchase shares. You know noibs about BCN obviously.
Obviously you know nothing about compliance. And please note that anything further that noobe not specifically relate to BitClub Network will be marked as spam. Ask him about being in an MLM opportunity with zero retail activity that pays recruitment commissions some time. Furthermore, no cash is accepted in clkck form! No Credit Cards or anything! GET YOUR FACTS STRAIGHT! There is no retail activity taking place in BitClub Network.
Bitcoin is deregulated and not a security so no worries with SEC. TheTruth : There is a ton of retail activity moron. Ran out of logic? Which basically means you got advice from the WRONG lawyer. You need SEC lawyer, not MLM lawyer. TheTruth : I asked Jeff before I joined. There is MINING nlobs on, from about January IIRC. I can accept Jeffrey Babener as a source ckock he has written something about it. BitClub Network has currently mined 50 blocks since Forex 4 noobs clock In 8 months January — August In 12 months August — August Interesting comment from another pool owner:.
Most of the blocks discovered by this pool are fake, only 5 are actually blocks they have discovered. Further input from others with pool experience this with ref to 3rd parties pointing at their pool :. A few blocks will be mined sure. I guarantee their frontend is lying. I read over a lot of the comments clocj and considered Bitclub Network carefully before becoming a member.
Both of these factors clokc further increase my return in Bitclub Network. Hopefully this will help to make an informed decision if anyone out there is on the fence. If you do the math in days based on the current price of bitcoin staying the same I will have made back the cost of the shares plus a few hundred noosb and my required reinvestment. You do realize that, token mining income aside, the majority of your Click is funded by newly invested funds right?
Yet I bet you have no seen any direct correlation between purported mining activities and your ROI, precisely accounted for dollar for dollar. I joined over a year ago with The last few forec I have not been able to log in to my account and they do not answer my emails. Mike, if you foorex a year ago, then you earned around 1. You can not login? There was maybe 1 day downtime in one year. For anyone looking into Bitclub, it has strong ties to the Banners Broker management.
To be a manager in Banners Broker meant that these people were in charge of a single country, they had an office and held multiple weekly meetings tricking people into investing. Chris Cronin — Big BB recruiter. All the above are involved in Bitclub. Guzda and McCarthy are near the top. M Norway: There is MINING going on, from about January IIRC. The mining I mentioned in post was too insignificant to support any payouts to any large number of affiliates, but it did exist.
It means that they use the money coming in from new investors to support most of the payouts. I was a Bitcoin miner for a year from to And I said that more than a year ago. You nobs either blind or just simply not willing to accept the fact that BCN is the most transparent company on the market. Foex can not noogs any problem with this math at all…. Whatever token mining takes place is boobs by the recycling of affiliate fees.
Recruitment commissions eat into most of the funds affiliates pay into the scheme. As always OZ you have to find an angle. Shall we start again? I wrote this review over a year and a half ago. Yo we get it. Blockchains nkobs random BTC accounts. Gabe : The price of joining to BCN is not about to buy bitcoin, it is for buying share in the mining pool. Jane : Shall we start again? The account that was linked. Of nnoobs, but the point of contention here is what are they withdrawing.
Regarding your other comment to blockchain. I suggest you take some of those recruitment commissions and spend them on reading lessons. I have been considering BitClub Network for a few weeks simply because Foorex like the idea of being involved in Bitcoin other than simply holding it as an investment. Besides lacking reliable data to prove the concept, some questionable associations were made by Guest and others that warrant verification.
If it looks like a Duck and quacks like a Duck…. That being said I still hope to be proven wrong… I just like the idea, Lol. It makes it very hard to figure out the math and unless it is clear that the income generated from retail sales or investment return can easily cover the payouts and then some, the model is unsustainable. Meet the the illusive owner of BitClub you may also remember him from such hits as BlockBuzz, Fodex and Pixmeup plus…drum roll please…….
I see this topic has been started 2 years ago, so what is the conclusion on BitClub, if cloxk I am very happy with the company. Ozedit: recruitment spam removed. This WOULD be a Scheme if they were not generating money from an external source. But are they making ENOUGH money to be paying everybody their ROI? Zeek did forex 4 noobs clock too, but the qty they did was nowhere CLOSE to 44 to pay noobx ROI. The problem is, there are only less than bitcoins mined PER DAY, and that figure is from a year ago.
Your figures are completely screwed up. You counted revenue, not profit. I AM NOT CLAIMING ANYTHING. This guy has swallowed it, hook line and sinker. What, you think some server rack photos on Facebook is forensic accounting? Bitcoinguy : The reason they clck do it on their own is because of what you said, computing power gets too hard for their hardware, it becomes obsolete. Oh you guys are hilarious. We all pay for the forex 4 noobs clock hardware, but you get a percent of that in a share.
Affiliates pay money to BitClub Network, recruitment commissions are paid as well as ROIs. It says its new coins generated. I have recruited nobody but my wife, my commissions have came from the contract i have. Its not them nobs you where its coming from. Its the Bitcoin Network. Say for forex 4 noobs clock, block xxxx gets rewarded to bit club, then bit club sends it to me. I have recruited nobody but my wife…. And those commissions have nothing to do with BTC.
ROIs are paid out over days. But you can recycle newly invested funds. There is no Offered ROIs anywhere. You enter at yout own risk. Bitcoinguy : Oh you guys are hilarious. If bitcoin price falls, the risk is huge. Hey, my wife has half of her investment back already. As in withdrawn funds in her bank account or just numbers in her backoffice? BitClub Network mine thru BitClubPool. You are being paid back out of your own money. You are being paid back out of your own money, cent by cent.
I can dispute that. Keep in mind i havent recruited anybody but my wife. Right, so it has elements of being both a Ponzi AND pyramid scheme. We should have our investment back by the end of next month. If i dont, i will post on here. Keep in mind i havent recruited anybody but my wife. If im not mistaken, Bitfury has an agreement with them to buy hardware not hash. The other is still foorex my BCN wallet.
How to Use Advanced Candlestick Analysis in Forex - Webinar Day 2
CarMax’s MaxCare Extended Service Plan Dissected and Other First-Hand Account CarMax Car-Buying Experiences. Liquid Market Definition | Investopedia zarabotokvinternet.ru In a liquid market, The opposite of a liquid market is called a "thin market. Unreal Engine 4 Is Now Free for All Budding Game Developers Unreal Engine 4 Is Now Free for All Budding Game Developers Unreal Engine 4 Is Now Free for All Budding.