Bitestate.biz Review – Bitcoin real estate investments, How it works, Login
The website traffic flows majorly from Russia and Germany. BitEstate has no information on their website about who owns or runs it but the BitEstate website domain bitestate.biz was privately registered on November 7th, 2017.
Describing its transactions, the website wrote: “Buying and selling properties in Bitcoin, Bitcoin Cash, Litecoin and Ethereum is a very advantageous way to attract new customers and benefit from the rise in value of high-end goods and crypto currencies. These are global markets so they need global payment methods. BTC, BCH, ETH and LTC offer the best levels of secure transactions thanks to their technologies based on public blockchains.”
“As Bitcoin price rises, we can finance more square meters in our programs. Crypto currencies and luxury real estate are currently two of the most profitable markets for private investors. We can achieve 3 figures annual returns thanks to the massive and constant cash inflows injected into these markets.”
“The real estate market is now on a global scale. You can invest in many coutries and different types of projects : luxury flats and villa, architect houses, chalets, lofts with private concierge service. We only invest in high end-programs where the demand exceeds the supply.”
“Because you don’t acquire a whole property but you only invest in shares of our programs, you are able to be part of million dollars building projects. You get access to top-of-the-line goods and exclusive services without needing to spend large amounts of money, time and efforts.”
BitEstate has no retailable products or services making affiliates only able to market BitEstate affiliate membership itself.
BitEstate affiliates invest bitcoin on the promise of an advertised ROI.
- Singapore Tanglin Plan – invest 0.001 to 1 BTC and receive up to 176% over 32 days
- Dubai Marina Plan – invest 0.01 to 1.5 BTC and receive up to 145% over 10 days
- Miami Beach Plan – invest 0.05 to 2 BTC and receive up to 240% over 20 days
BitEstate pay referral commissions on invested funds down two levels of recruitment.
- 9% on level 1 (personally recruited affiliates) and
- 3% on level 2
If a BitEstate affiliate invests 0.1 BTC and recruits at least ten investors, referral commissions are increased to 12% on level 1 and 6% on level 2.
BitEstate affiliate membership is free but free affiliates can only earn referral commissions. Full participation in the BitEstate MLM opportunity requires a minimum 0.001 BTC investment.
The fact is that there is no other source of money entering Bitestate which is used to pay its members huge ROIs apart from funds generated from new affiliates investment. Using money from new affiliates to pay old affiliates makes a scheme a Ponzi scheme.
Ponzi scheme’s fold up once there is is a reduction in the number of new affiliates.
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