There have been many programs that have come out using bitcoin in just that past year alone.
This Gladiacoin review, is going to show you what this specific one has to offer being that almost all of them are ran the same way.
There are no shortage of scams on the internet, but there are definitely not enough legit opportunities and I have yet to see a digital currency program that IS NOT MLM and that does not require recruiting for you to make money.
So is Gladiacoin legit or just another scam?
Should you give into the person who told you about this?
I’m sure you’ll be able to make a smarter decision at the end of this post.
Price: 0.05 BTC ($59.37 USD) for the cheapest plan
Overall Rating: 1/5 stars
The creators of Gladiacoin wanted to create a business where bitcoin owners could invest their bitcoins and make their money back, and more, in the shortest amount of time possible.
The business owners are currently unknown since they have everything set to private (website registration), nor does it say where they are located either.
Talk about staying under the radar!
However, I did find that the official domain name was registered on November 26, 2016, but again, it’s all private so you can’t see who owns it or anything like that.
If you’re looking to get into working with a business, you want to know who you’re working WITH, wouldn’t you agree?
This isn’t the best way to go about it if you ask me, but as we move through this review, we can get a better understanding of their intentions.
This is what I found on their website that they promise their members:
- You can double your bitcoins in just 90 days
- Your coins can be earned without doing daily activities
- Your earnings are updated daily without doing a thing, as it’s done automatically
- It’s simple and easy to use. Their UI is compatible with tablet, mobile, and desktop
- Refer your friends to Gladiacoin and earn up to 5 bitcoins per day
How Does It All Work?
They created a platform to allow you to make your bitcoins back in the fastest amount of time possible, which is why your earnings are updated daily.
They want to ensure you that they do not use “mining” techniques either, as they think that is way too expensive.
So they focus on buying and selling bitcoins.
They will find bitcoin exchanges around the web, purchase a certain amount from one exchange, and sell it at a higher price on another exchange.
- You buy 1 BTC for $600 on exchange 1
- You sell 1 BTC for $700 on exchange 2
- When the BTC sells on exchange 2, they make $100 profit. The money is then distributed amongst their members on Gladiacoin.
Essentially, that is how it all works, but of course that’s hard to believe.
This definitely looks like they are trying to do some type of revenue sharing program, so we shall see if they have the right tools to make all this happen.
So unfortunately there are absolutely no retail products or services to market on Gladiacoin, and there are only plans that are available.
You are also required to purchase one of these plans before you can enter and check it all out.
There are 7 plans total, with the more expensive ones giving better rewards (daily limits, monthly limits, etc).
The cheapest plan (Spartacus 1) costs 0.05 BTC – which converts to $59.37 USD.
Keep in mind – all of your investments double in 90 days, except for Spartacus 1.
For some odd reason they have: “Does Not Double In 90 Days” under this plan.
My closest guess would be that this plan only gets your foot in the door, you won’t actually double your investment unless you start buying and selling.
However, Spartacus 2 – 7 definitely promises you 200% ROI over a period of 90 days.
- Spartacus 1 costs 0.05 BTC and = 0.10 BTC daily, 3 BTC monthly limit
- Spartacus 2 costs 0.10 BTC and = 0.20 BTC daily, 6 BTC monthly limit
- Spartacus 3 costs 0.30 BTC and = 0.60 BTC daily, 18 BTC monthly limit
- Spartacus 4 costs 0.50 BTC and = 1 BTC daily, 30 BTC monthly limit
- Spartacus 5 costs 1.00 BTC and = 2 BTC daily, 60 BTC monthly limit
- Spartacus 6 costs 2.00 BTC and = 4 BTC daily, 120 BTC monthly limit
- Spartacus 7 costs 4.00 BTC and = 8 BTC daily, 240 BTC monthly limit
Speeding Up The Process
So instead of just waiting for your bitcoins to get back into your account, you can make your bitcoins back by contributing to the community and participating in the “buying and selling” process.
As it’s not JUST the owners that are doing the “buying and selling” either, the members are doing it as well.
This leads to more and more people helping out and creating a faster income for everyone, and that’s because all earnings are contributed and spread out between all the members.
But doing any kind of daily activity is by no means essential or anything like that, this is just so for the people that want to learn more and make their ROI back faster.
The compensation plan allows you to make money from recruiting people into the system.
Each plan offers different bitcoin earnings. These percentage earnings are based on how much your downline HAS INVESTED.
The bitcoin commissions are as follows:
- Spartacus 1 = 5% commissions
- Spartacus 2 = 6% commissions
- Spartacus 3 = 7% commissions
- Spartacus 4 = 9% commissions
- Spartacus 5 = 11% commissions
- Spartacus 6 = 13% commissions
- Spartacus 7 = 15% commissions
It does cost to join Gladiacoin and you will be required to choose a plan first (one of the Spartacus plans), provide some basic information, make your initial payment in bitcoins, then it’s a matter of waiting for your account to get activated.
This activation is done by the Blockchain automation tool, so it usually takes less than 30 minutes.
After that, you are in and you can start earning your bitcoins back, either by waiting each day or putting some effort in yourself and earning it back faster.
It may sound like you’re really doing nothing because well, you’re really not.
Pros and Cons
- Nice looking website
- These typical systems don’t last long
- It’s not a viable business opportunity since you don’t own the website
- It costs a lot just to get your foot in the door
- Owners aren’t open with everything
So is Gladiacoin a Scam?
There is no proof that the bitcoins are being made from “bitcoin trading operations”, while there is no evidence at ALL that suggests the owners are doing this to make all the bitcoins to give back to their members either.
Also, why would they be sharing their “trading” secret with everyone if they could just simply use it themselves and make a fortune by doing so.
None of their claims add up.
So what’s really going on?
What they are really doing is getting bitcoins from new members and giving them straight to the high investors, to keep them happy.
The high investors are the ones making them all the money of course, which is why they will look after them as much as possible.
This makes Gladiacoin a ponzi scheme.
I would be very careful with this and whether you move forward with this system is entirely up to you.
There is nothing new here as there have been many Bitcoin driven schemes that have come and gone and this looks like it’s headed in the same direction.
Whether it’s a scam or not, there is no way that I can recommend this to anyone.
Bitcoins are cool and all, but every single program out there does nothing but bank off of the hype that it brought years ago.
I have yet to see one program that at the very least makes people money, let alone last.
You see, making money online is truly an amazing thing if you are running your own actual business and not involved with some recruiting based program that only makes you money if someone new joins.
Been there, done that.
After joining many programs that make promises like this, I have come to the conclusion that you actually have to work in order to make a solid income from the internet.
What I Recommend
If you want to learn how this whole “making money online” thing works, you might want to checkout a program called the Wealthy Affiliate.
Forget about recruiting and wondering if you are going to make any money and put in the work to make that money or you’ll end up quitting.
It’s a normal cycle when it comes to making money online and you don’t want to become another statistic.
Anyways, thanks for reading my review of Gladiacoin and hopefully I have given you all the information that you needed to see if this was actually worth investing in.
I’m sure all its members will disagree with what I have to say, simply because they are already in and don’t like to know that this thing might not work.
Then when the company goes down, they will be looking for the next best thing.
Be smarter than most and don’t let that happen.
Good luck and I wish you nothing but the best!
A Work at Home Jobs