So ive been getting lots of mails from clients and friends, asking me to look into Bitworld. Well I did look into Bitworld and it aint pretty.
On the official website for Bitworld Center, you won’t find anything in regards to background information.
Now I and my team have reviewed hundreds of investment scams, so my team and I have seen a lot of dirty things and tricks, but Bitworld really must be the most absurd scam so far.
Investments that offer insane amounts of profits in a short time are probably ponzi schemes and and only greddy people fall for such. They use money from new investors to pay old ones, and after a while they vanish.
Fake registration
Bitworld claims to be a company registered in the UK, on the website you will even find a picture of the certificate. But it is fake.
The registration number on the certificate belongs to another company.
And Bitworld of course is not licensed to provide investment services either, it is a totally illegal operation.
How it works
The true nature of Bitworld is a Ponzi scheme. Often Ponzi schemes pay profits for some time, because they use new deposits for this purpose until the system collapses.
But with Bitworld we doubt they will pay for too long, because the ROI is even unsustainable for a ponzi scheme, that it probably is just a way to take money from people and never pay anything. It is a total scam.
Look as hard as you want, there’s no mention of who owns Bitworld Center, where it’s based out of, when it was founded, or anything along these lines.
The domain name for the site (bitworldcenter.company) was registered on April 2, 2018, but the private nature of it makes it impossible to tell where the registration took place or who owns the domain.
After doing a bit more snooping, I discovered that various affiliates claim Bitworld Center is a “Brazillian company” that’s being run and operated by someone named Macio Silver.
I tried finding more information on this Silver character, but due to language barriers, and other hinderances I was unable to do so.
Does Bitworld Center Offer Any Products?
On the product line side of things, Bitworld Center doesn’t have anything to offer here, either.
No goods or services are sold to retail customers, and as such, it’s impossible for there to be any retail sales activity.
What Kind Of Compensation Plan Does Bitworld Center Have?
Should you decide to join Bitworld Center, you’ll be asked to invest money so you can start earning on a promised ROI of 300%. They appeal to the human greed.
There are quite a few investment levels to choose from, including:
Invest $25 for the Partner tier
Invest $50 for the Basic tier
Invest $99 for the Bronze tier
Invest $249 for the Silver tier
Invest $499 for the Gold tier
Invest $999 for the Premium tier
Invest $1999 for the Black tier
Invest $6400 for the Black II tier
Invest $12,800 for the Black III tier
No matter which level you invest in, the ROI is paid to you at a rate of 2.2% every day until the 300% level has been met.
Along with the ROI, affiliates can also earn on referral commissions that are paid via a unilevel setup.
With this unilevel system, affiliates are eligible to earn through eight levels of downline recruitment.
What Is The Cost Of Membership With Bitworld Center?
If you’d like to join Bitworld Center, you’ll need to invest in at least one of the investment tiers outlined above.
It’s stated on the Bitworld Center website that the ROI is offered thanks to “24/7 trading and mining”, but as the story often goes, there’s no proof that any of this exists.
Instead, the only source of revenue for Bitworld Center is that of its affiliate investments. New people join the company, invest their cash, and these funds are then used to pay off ROI liabilities owed to other members.
In other words, we end up with a Ponzi scheme.
Bitworld Center will collapse once investment activity dies down, and when that happens, almost everyone involved will lose out.
That’s the story for most Ponzi schemes, and Bitworld Center won’t be any different.
BITWORLD IS A PONZI SCHEME, A SCAM. DO NOT INVEST.
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