Welcome… chances are if you are here today it’s because you may have been hearing a lot of buzz on social media channels about Merlyn Bitcoin. So I decided to find out what they’re all about and give you the facts.
I am sure, like myself, you also want to learn more about them before investing your hard earned money. Especially with a company like Merlyn Bitcoin, which runs its business entirely online.
To help you guys, I’ve done some research and prepared this Merlyn Bitcoin Review. The information is placed under four categories, which are; company profile, products, compensation plan and finally my thoughts. By the end of this review, you will have all the info needed to know if “Merlyn Bitcoin” will be a good fit for you or not.
Now with that being said let’s dig in!
What is Merlyn Bitcoin?
Merlyn Bitcoin is yet another online business, with no information about the owner or the management team. Hmm I wonder why they would want to keep themselves hidden? This is definitely not very helpful for the potential investors.
Well, not for me at least!
The only information they shared is that they were a Gold and Bitcoin mining company that has now been transformed into a crowd funding business. I’ve been finding it very hard to believe these claims especially because there is no form of evidence to support them.
In addition to this, from checking out the domain side of things, it’s not looking so great either as it’s been registered for only a year. Regarding the web traffic, we can see that Italy and Nigeria account for more than 55% of its entire web traffic all together.
Products offered By Merlyn Bitcoin
The company and the website does not offer any physical or digital products which you can buy or sell. However, you can promote the membership after you become their affiliate member.
Merlyn Bitcoin Compensation Plan
Merlyn Bitcoin has a fairly straightforward compensation plan. If you invest $21 or more, you will receive a 5% ROI each day for 40 days.
That’s about 200% ROI in 40 days!
On top of that, if you can attract and sponsor members in your down line, you will get additional referral commissions through a multilevel compensation plan.
This is how the comp plan works:
– You
– Level 1: Your referral members
– Level 2: Level 1’s referral members
– Level 3: Level 2’s referral members
So on and so forth all the way to Level 15.
Rates of Referral Commissions are listed bellow:
– Level 1 (Personally enrolled members) – 5%
– Level 2 – 3%
– Level 3 – 2%
– Level 4 – 1%
– Level 5 – 0.5%
– Levels 6 to 15 – 0.25%
Their withdrawal and commission rate is also straightforward. The daily withdrawal limit is $200 with a 5% Merlyn Bitcoin commission fee. However, if you withdraw more than $50, you will then have to reinvest $21 with them. In short, if you withdraw $200, you will receive $169.
Conclusion On Merlyn Bitcoin and Recommendation.
Merlyn Bitcoin is a straightforward website with a few misleading information. For example, on the homepage, it says (c) 2015. However, the site was only recently registered on May 2016 according to Who.is.
Even though there are a lot of questionable things about this company, I would like to give a shout out to their transparent investment plan and regulation. It’s rare to see any kind of transparency or simple explanation of the rules for MLM schemes.
Unfortunately for Merlyn Bitcoin, my good thoughts stop here. The fact that the about us section is unavailable is a very big concern for me. Any company that hides its details from the public comes off
as being suspicious.
Also, they get their revenue from withdrawal commission and admin charges per the information available on the site. Without any other transparent earning source, it’s not possible to be sustainably paying out this high amount of ROI to investors for long. This means the company can and will go down when new membership rate slows down.
As a potential investor, this is big Red Flag for me. Finally, I have to say that the negative points far out weighs the good. This makes me very reluctant to invest with them. However, the choice is entirely up to you.
Now if you’re looking to earn a substantial income from home I strongly recommend establishing “multiple” streams of income. The following the link that I’ve posted here below reveals a proven system in which you’ll have someone who is already making six figures a year, guide you to six figures within the next 6 months by the hand… How cool is that, aye 😉
In fact, check out what some of the others saying:
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Now it’s your turn!
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Again, I hope you enjoyed this Merlyn Bitcoin review and I’ll see you all at the top!
God bless,
Nathaniel Laurent
PS. All questions are welcomed, feel free to leave it in the comment area below… again God bless!
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