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AirBit Club, which is actually hosted at BitBackOffice.com rather than AirBitclub.com or something is a poor attempt to scam investors through a Ponzi type operation. AirBit Club is actually popular in Russia and Columbia where a massive number of victims who have lost money to it allegedly come from.
Therefore, even as you read this review of the AirBit Club website to gather evidence as to why a seemingly professional and honest Bitcoin generating platform cannot be trusted, keep in mind that BitBackOffice.com has already stolen enough Bitcoins from investors coming from the aforementioned parts of the globe.
Note: for a list of recommended Cryptocurrency trading robots, visit here.
They claim that their job is to generate more Bitcoins for members through a special trading bot that never losses any money.
They also claim that this robot is only trading the world’s most popular Cryptocurrencies with the highest volume of daily trades.
Now, the main reason why this is a ponzi scheme and a scam Cryptocurrency investment venture is because not only do they claim to trade on your behalf, but they also claim that massive profits can be generated from their affiliate tiers.
As a prospective applicant of this program, you are requested to visit the shady website here BitBackOffice.com in order to pick any of the 3 membership plans. According to the site, this program uses cutting-edge technology to ensure that only top-notch tools can be used for the generation and equal distribution of Bitcoins to affiliates who have purchased any of their 3 plans.
Note: You could also start generating more Bitcoins by TRADING them here.
In other words, AirBit Club seeks to provide its members with the hard-to-find opportunity for generating more Bitcoins on autopilot.
The business model is clearly flawed, and has no long-term vision in site. There a serious Cryptocurrency investment venture with a long-term road map on how things will be done in 2018 and in the subsequent years, AirBit Club does not provide any meaningful information concerning their site as well as operations.
Instead, the only thing we have here is the supposed deposits from members who have purchased one of their plans. This is supposed to legitimize their operations by ”proving” that indeed AirBit Club is the real deal.
According to the AirBit Club website, 50% of the Bitcoin accrued will be paid out to members. The other 50% will be dedicated to work that is related to the expansion and enhancement of the trading software. Apart of that budget will also be used to finance companies that are interested in working with Bitcoin generation technology in the world.
Now, this sounds like the actual definition of a Ponzi scheme. A ponzi scheme is not supposed to have a clear road map of operation. A ponzi scheme is supposed to rely on vagueness and even false reviews to some extent.
User testimonials on popular forums have even confirmed that AirBit Club is an illegitimate website. They steal Bitcoin rather than generating it. When confronted with this matter, AirBit Club and even refuses to be transparent about their whatever is going on in this website.
There is no form of trading going on here. The reality is that this scam is depending on new registrations to fool members with profits. What they are paying is actually a tiny fraction of whatever they are collecting.
You see, there are 3 plans here. The first plan costs $250. The second and third one costs $500 and $1000 respectively.
When you join this Ponzi scheme, you are essentially contributing to the coffers of a ponzi scheme. Making any profits is impossible, let alone recovering your principle balance.
Unless you succeed in signing up a new member under you, there is no way you can make a single coin here. Please notice that there is no guarantee that you will ever get someone registering under you.
Many people have tried joining AirBit Club and have failed to make a single cent, why? Because they hoped that this ponzi scheme would make them some money even if they failed to recruit others (since this website claims that they trade Bitcoin on behalf of their investors). They actually deny that 100% of their income is coming from new members.
The daily return on investment is 0.2% and 1.2% (depending on your plan). As you can see, these returns are not even enough to break even. You are essentially earning peanuts for some time before the website stops issuing payouts.
They also claim that their business model follows a ”matrix-based commission tier”. But in reality, this is a pyramid scheme. There is nothing else going on here.
The amount of money is allegedly dependent on the package which you have bought. AirBit Club claims that the executive plan supports up to 3 level while the corporate level supports up to 7 levels. The pro plan supports up to 18 matrix levels — which is the same exact thing that pyramids do.
At this point in time, you will fully agree with us that AirBit Club is a scam rather than a serious investment venture.
In addition to this, they are charging renewal fees for the investment cycle. This is 35% of the cumulative return on investment paid out during a particular investment cycle.
The most ridiculous thing is that AirBit Club is even offering a Retirement plan which attracts a fee of between $150 to $300. There is no information about this so-called retirement plan. You can only find out once you become an active member of the AirBit Club ponzi scheme.
As always, anyone who joins a Ponzi scheme will always lose their money due to the highly unsustainable business model which these websites employ. There is no way a Ponzi scheme like AirBit Club will sustain itself for more than 6 months. It reaches a point where they will just close down and run away with people’s money.
Ownership information is hard to come by. You can trust us when we say that this is the case with a scam like AirBit Club.
The website fails to disclose ownership details just the same way they failed to disclose their corporate identity. Furthermore, the crooks are extremely vague with their business model. There is simply lack of transparency here because a lot of things are still not making sense.
Furthermore, the scam does not reveal who the owner of this domain really is. We checked their who.is data and found that the domain was privately registered. This makes it impossible to track down the owner of AirBit Club website.
Although we received some hint that AirBit Club is the property of two guys called Mr. Renato Rodriquez and Gutemberg, there is no information to prove that this is the case. So we cannot comment on the same.
We have already seen that there is no Bitcoin trading here. Anyone who wants to trade Bitcoin should take matters in their hands by actually trading with a robot. As for these scammers, nothing good can be said about them.
The point is, avoid them like the plague because they are here to steal your Bitcoin and disappear a couple of month down the line.
We have already given you an alternative investment option. Avoid this Cryptocurrency scam please.
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