After almost ten years I’d like to be able to say I’ve seen everything the MLM underbelly has to throw around. The second level of the matrix is generated by splitting each of these three positions into another three positions each (9 positions). The problem with USI-Tech’s original model, at least as far as scamming people goes, is that euro is easily traceable. Analysis of a business model comes down to flow of money. Unfortunately by the time you realize there’s no money left, those who recruited you will have stopped responding to your emails and moved onto promotion of the next Ponzi scam. A legitimate company Hardly surprising though, considering USI-Tech aren’t registered to offer securities in any jurisdiction they operate in. Whereas before the €600 EUR fee was mandatory, now it’s optional. Watching USI-Tech unfold is the same as any MLM Ponzi. Itâs the dawn of a better, more free world. com Forum QUOTE Bitcoin is one of the most important inventions in all of human history. The Ponzi veterans trying to recruit you now need you to invest so they can collect their 140% ROI at 140 days how much can you make trading bitcoin. As the affiliate quoted above puts it, USI-Tech’s new bitcoin package offerings are “much more lucrative”. As with the forex trading bot, USI-Tech of course provide no proof of any bitcoin trading taking place. A PO Box corporate address in Dubai is provided by USI-Tech.
The introduction of bitcoin investment to resuscitate the business will only prop up reserve funds for so long. Two years on average is about the tipping point for online Ponzi schemes, with USI-Tech arriving at this point a lot earlier. According to one USI-Tech affiliate, “Hardly anybody is interested in the forex side” of the business”. Check out the broker features in our top menu to get filtered broker lists how much can you make trading bitcoin. To qualify a USI-Tech affiliate must pay the €600 forex bot fee and recruit three affiliates who also pay €600 EUR, or three affiliates who together invest a minimum of €600 EUR in bitcoin. The ruse behind USI-Tech’s daily ROI is bitcoin trading, somewhat of a cliché in MLM cryptocurrency Ponzi circles. This prompted USI-Tech’s anonymous owner(s) to relaunch as a cryptocurrency opportunity. A 3×12 matrix places an affiliate at the top of a matrix, with three positions directly under them: These three positions form the first level of the matrix. The original USI-Tech compensation plan also included elements of a pyramid scheme, which have been retained with bitcoin investments. Positions in the matrix are filled via direct and indirect recruitment of new USI-Tech affiliates. You have the same affiliate types making the same claims and ignoring the facts in the process. USI-Tech claimed their bot had made ROIs of up to 150% annually in the past, but provided no proof of past or present trading taking place. The MLM crypto schemes going around are simply the same old scam models in different wrapping. Subsequent levels of the matrix are generated in the same manner, with a complete 3×12 matrix housing 797,160 positions.
Alexa estimate the US is the top source of traffic to the company’s website, meaning USI-Tech is and always has been “in the USA”. It’s not quite as harsh as the 200% model in 90 days bitcoin scams like GladiaCoin and JetCoin pushed, but the inevitable collapse of USI-Tech is still going to leave the majority of investors out of pocket. At 1% a day and with referral commissions to pay out, it takes approximately two to three months for USI-Tech to start losing money.Ubiq.. With promises of magic 1% daily ROIs, it’s easy to forget that USI-Tech launched less than a year ago. Unless the company is being deceitful in their compensation plan, identifying an MLM scam is as simple as “follow of the money”. LEARN MORE Play Games Bitcoin Games is a provably fair gaming platform that allows you to play with test tokens or actual Bitcoins. com Mining Pool 105% Block reward, 0% fees. Recruitment commissions are paid out via a 3×12 matrix. What’s particularly interesting is the claim “USI-TECH NOW IN USA” on the USI-Tech website. Trading of any currency is not tied to a fixed daily ROI. When your own 140 days comes up, unless an endless stream of gullible idiots continue to invest, there’s going to be nothing for you to withdraw. Good luck… one of my friends asked how many of your calls on scams have turned out to be wrong None, because I don’t make “calls”. Severino is from Portugal, Gold is hiding out in Brazil and Jicha appears to be in Europe. .