Bitcoin Forum

Hi Guys,

I'm not affiliated with the above website and just wanted to check if anyone here is using the above service? It's an MLM system where members can earn bitcoins through an awareness campaign. They have a very nice presentation on youtube, detailing what the program is all about, and how much you can earn.

If interested, please sign-up using my referral code (see my signature below) since you cannot register without a code. There is no need to pay anything until you are ready to activate your account which costs only $22.

If you do activate your account, let me know and I will return $2 worth of bitcoins to you.  ;) This is equivalent to 1-month membership for using the system.

NO REFERRAL LINKS IN THE BODY, that s the rule of the forum my friend, paid or unpaid referral fees.

$22 to activate the account? You can't be serious, neither this website. Also sharing of the refs like not allowed in the forum.

Ok thanks, I have removed my referral link.  :)

$20 is a one-time membership fee, then a monthly $2 as a sort of "subscription" fee.

Completely unsustainable.
It goes without says that Iskren Ivanov "Founder and CEO", has no net footprint whatsoever.

It's just another piece of shit lying on the Bitcoinland sidewalk waiting for people who aren't looking, to step in.



 :D

Ahaha. ;D Let's see. $22 is not bad to lose in an experiment. Plus, you get your money back for referring just 2 people-- if you can withdraw at all. I have activated my account and see how it goes. Will give you guys regular updates.

...and yep just for fun, I still offer $2 back if anyone joins under me..  ;)

Really? only $22?

And you are saying that you are not affiliated with the website. Well, I believe you, but what if they are scam? $22 is not nothing. Where I live many people should work 3 days from morning till evening to earn that money and I know that there are many countries where you should work even more.

If you are not sure that the site isn't a scam (and I have a feeling that most likely it is a scam) then you shouldn't advertise it.

never heard of this. i will chexk first if the site is legit. then will think if i will risk my $20

Yeah great fun, promoting a piece of crap like this for pennies.
 ::)

Hey I agree with you, $22 is not "nothing" to everyone of course. From where I came from people would also work up to a month to earn that.  :-[

I'm not advertising the website, I was asking if anyone here is familiar with it. Yes I am giving a referral code to anyone who would like to try so it's more like sharing an opportunity really.

Great, thanks. It would surely help if more people would do due diligence on this site. I have been a member for a month now but wont pay the membership fee until I'm confident it's legit.

So, how much did this account cost you?

https://bitcointalk.org/index.php?action=profile;u=183929

Did you buy it specifically to promote this crap?

I think I'd rather just buy 22 dollars worth of Bitcoin. Anyone had any luck with this site?

I'm trying it out with a few friends and let you guys know.

Once again, I am not cheerleading for this website contrary to what one grumpy dude out here is saying. Jeez..

I was redirected to http://www.bitcoin-club.org when i clicked your signature ?
anyways, it's the same shit again why do i need to give money to you and not to the currency ? like i have to buy miners and mine to get bitcoins and i simply don't give money to satoshi .

Yep if you click on my signature you will be redirected to the website. When you click on "Registration" it will have my referral code automatically filled-in.

$20 is just a one-time membership fee. I reckon this will go up to $50 after new years. You then get half of other people's membership fee in bitcoins as commission if they join under you. At least they've been transparent on how and where you get the payouts from.

Unless you get paid,how would you determine its legitimacy? and they won't pay you until you buy a full membership.IMO no legit site ask to pay their members then pay them it is like you pay me  100 bucks and I will pay you 80 back SCAM SCAM  and SCAM

Well we all know that payouts do not always guarantee legitimacy. Only time will really tell if they are legit or scam.

If you will read through the website they've been very clear that the membership fee you pay goes directly to your up-line or to the person who referred you. If they mentioned that the payout is from some kind of mining or trading then I would have considered this a red flag. To me a lot of schemes related to bitcoin is scam anyways unless proven otherwise. Lol. But to be fair, their website looks really neat and professional.

This is the reason why I am trying it out, someone has to take the bait right?  ;)

Yeah right but wouldn't it had been great if you had first ascertained its legitimacy and then started promoting it here?

If I said from the start that the site is legit as confirmed by ME, would you have believed it??  ;D Oh c'mmon, the trust level in this arena is like close to zero. We don't take everyone's word for it and we all just take risks.

I'm not promoting or convincing everyone here to join. Do you own due diligence and decide for yourself.  ;)

I would have believed you if you had provided the proof of your payment

If that is how you measure legitimacy then you will be in for a long bumpy ride my friend.  :)

Nice presentation, but in the end it is a scheme.  There is nothing that you are doing to earn this potential $10,000 give or take.  They made no statement as to where they are making profit other than charging a fee, of which they share, just to join the club.   Then what does the club really do?  You should just pay a fee to tell others about Bitcoin?   I can do that for free and save them $20 and save me the same $20.  So over time, I can save people over $10,000 by just telling them about bitcoin and encouraging others to do the same!!  So lets not use this site and we can all profit together.  It is no fun having money alone while you stand in the community which made that happen.  Last I have to bring up the fact that this club takes cash payments.  Why would they not advertise the acceptance of Bitcoin in order to promote the currency???  Also if you look at the membership levels, they are willing to take 1 BTC and give you back 120% through all the levels.  This just does not add up.  My professional recommendation, Wait for it:
RUN AWAY FROM BITCOIN-CLUB.ORG
Just spread the Bitcoin word and tell others for free!!
If you do want to just throw money away, please feel free to send me some.  Bitcoin address: 1PJ5avuK6KDMPobJYCLhtrt3p7n128HmaH
If you are the creator of Bitcoin-club.org, and only know how to use cash, PM me and I will send you my Paypal address!!

You have to do extensive promotion to get referal under you who actually activates as it is hard to get anybody to pay 22$ for membership only. So overall cost of advertising will be more than your income from referals. I like to remain quite far from this type of pyramid structure.

It is indeed a lot of hardwork and promotion to get people to sign-up and activate. However I've also known people who joined MLMs such as Forever Living Products, USANA, JEUNESSE, etc who paid hundreds of dollars for a membership and yet earn a tiny fraction of that in commissions. I usually stay away from MLMs / Pyramid too coz I don't know how to sell lol. This happened to be the first one since it's all about bitcoins and I thought it's not too bad to try with $22. ;D

But the site is offering nothing other than the information you can fer in this forum.  To top it off the information provided is only their opinion of the information.  In that case you might do one better and make a membership site that links to forum information to save you time from rewriting the information and charging $4 or .1 BTC for the site.  The referral levels would look something like:
 Level #1 - .02 BTC Per Referral
 Level #2 - .005 BTC Per Referral
 Level #3 - .003 BTC Per Referral
 Level #4 - .002 BTC Per Referral
 Level #5 - .001 BTC Per Referral

If everyone gets 5 referrals, you would receive 4.975 BTC.  And you did nothing buy put together a information site with public knowledge information.

Well, that's the definition pf a pyramid. Some people even call it SCAM. Beware.

That is exactly my point and this site BITCOIN-CLUB.ORG is the exact same thing.  They are offering nothing more than the information that can be obtained through these forums and over the internet, free of charge and they are offering referral fees for 5 different levels.  This BS needs to be called out and stopped.  They are hurting the value of BTC and in no way helping it.  Can I get confirmation that this site, BITCOIN-CLUB.ORG, is not worth the storage space it takes up!!

Its somewhat like global international MLM that turns out to be scam.  it won't be long and they will likely be one.
We've seen this scheme over and over again in our life time we all should learn upon seeing one that this is a potential ponzi.

Just look at its domain. only those without plans of staying long in business would use hyphen to their domain.

I agree with you. And I'm glad that showing up on this forum doesn't help them to thrive. They'd better avoid this place actually for their own good :)

MLM? we called it pyramiding here in our place or simply scam. No offense OP but for me this is like ponzi site out there that breaking their promise for their members at the last.