EmpowerCoin Review: 200% bitcoin ROIs in 90 days or less
EmpowerCoin provide no information on their website about who owns or runs the business.
The EmpowerCoin website domain (“empowercoin.com”) was privately registered on April 19th, 2017.
A number of marketing websites are hosted on the private server that hosts the EmpowerCoin website. These websites are all in German, suggesting whoever owns the server is either based in Germany, speaks German or both.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
EmpowerCoin has no retailable products or services, with affiliates only able to market EmpowerCoin affiliate membership itself.
The EmpowerCoin Compensation Plan
EmpowerCoin affiliates invest 0.1 to 10 BTC on the promise of a 200% ROI.
- E2 – invest 0.1 BTC and receive a 200% ROI after 90 days
- E3 – invest 0.3 BTC and receive a 200% ROI after 90 days
- E4 – invest 0.5 BTC and receive a 200% ROI after 90 days
- E5 – invest 1 BTC and receive a 200% ROI after 90 days
- E6 – invest 2 BTC and receive a 200% ROI after 60 days
- E7 – invest 4 BTC and receive a 200% ROI after 50 days
- E8 – invest 10 BTC and receive a 200% ROI after 50 days
Residual commissions on invested funds are paid out via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.
At the end of each day EmpowerCoin tally up new investment volume on both sides of the binary team.
Affiliates are paid a percentage of matched funds on both sides of the binary, based on how much they have invested:
- E2 affiliates earn a 6% residual commission (capped at 0.2 BTC a day and 6 BTC a month)
- E3 affiliates earn a 7% residual commission (capped at 0.6 BTC a day and 18 BTC a month)
- E4 affiliates earn a 9% residual commission (capped at 1 BTC a day and 30 BTC a month)
- E5 affiliates earn an 11% residual commission (capped at 2 BTC a day and 60 BTC a month)
- E6 affiliates earn a 15% residual commission (capped at 4 BTC a day and 120 BTC a month)
- E7 affiliates earn a 20% residual commission (capped at 8 BTC a day and 240 BTC a month)
- E8 affiliates earn a 22% residual commission (capped at 20 BTC a day and 600 BC a month)
EmpowerCoin affiliate membership is tied to investment in one of nine affiliate packages:
- E1 – 0.05 BTC (no ROI, only residual binary commissions)
- E2 – 0.1 BTC
- E3 – 0.3 BTC
- E4 – 0.5 BTC
- E5 – 1 BTC
- E6 – 2 BTC
- E7 – 3 BTC
- E8 – 4 BTC
The primary difference between the affiliate packages is income potential via the EmpowerCoin compensation plan.
Like other bitcoin doublers we’ve seen, EmpowerCoin claim their 200% ROIs are generated via bitcoin trading.
When one exchange has a Bitcoin price of 500 USD, and another exchange has a Bitcoin price of 600 USD, you can exploit the price difference and keep the 100 USD difference for yourself.
This also means you’re buying Bitcoins for a lower price, and can sell them on the more expensive exchange.
When you buy a Bitcoin for 700 USD on one exchange and sell a Bitcoin for 800 USD on another exchange, you end up with 1 Bitcoin and 100 USD profit.
This is really very simple and very profitable, especially when you dedicate more capital into your Bitcoins! It’s a matter of dedicating some time into your Bitcoin strategy.
This fails the Ponzi logic test for two reasons.
The first is that trading of anything doesn’t deliver a consistent ROI over a set time period. The trading of currency in any form is volatile, which a fixed ROI over a set number of days promise doesn’t factor in.
The second is even if EmpowerCoin’s anonymous owner(s) were able to consistently generate a 200% ROI in 50 days, why would they share profits with random people over the internet?
A 200% ROI every 50 days is 1460% annually. Without compounding even a small amount like $1000 turns $14,600 within a year. Anyone claiming to have worked out how to legitimately generate 200% every 50 days has obviously thrown more than $1000 into testing, which brings us back to why share ROIs with randoms over the internet?
EmpowerCoin and scams like it provide no proof that any bitcoin trading is taking place, let alone enough to generate a 50 day 200% ROI.
The only verifiable revenue stream is affiliate investment, the use of which to pay a 200% ROI every 90 days or less makes EmpowerCoin a Ponzi scheme.
Of particular note is the reduced maturity period of 50 days for larger amounts invested, allowing those that do to clear out invested funds well-before 90 day ROI affiliates realize EmpowerCoin has collapsed.
The way owners of such schemes profit is by generating numerous pre-loaded positions at the top tier. These positions, combined with pre-loaded binary positions to collect residuals, allow EmpowerCoin’s owner(s) to withdraw the majority of invested funds.
At around the 40 to 60 day mark invested funds begin to run out, at which point a random excuse is trotted out and EmpowerCoin’s owners quietly slink away with your money.