Jet Coin is a member to member type of MLM site that claims to double your bitcoin within 40 – 50 days.
With a very bold claim you can’t help but wonder if this is some type of scam or if anyone is really making money with Jet Coin.
This Jet Coin review will give you all the information you need before you join something that you probably know nothing about besides the fact that you can double your Bitcoin.
Let me just say that I am not affiliated with Jet Coin and I have nothing against Bitcoin as I am very much in tune with the digital currency from which I occasionally use to make purchases online.
However, I have a very unique take on these Bitcoin driven MLM’s so you can expect a very honest and unbiased review from something that everyone and their mothers are promoting, so let’s get right to it.
Jet Coin Review
Name: Jet Coin
Website: www.jet-coin.com
Owner: Unknown
Price: 0.05 minimum (about $125 USD)
Overall Rating: 1/5 stars
Product Overview
Jet Coin is a multilevel marketing business which has not tangible products but rather a recruiting program from which you can make money by getting others to join under you.
There is no indication of who owns this site, but I do know that this site is very new, which is why you will see everyone promoting this like crazy.
With a super simple concept, you’ll find yourself scratching your head after I tell you how this whole thing works.
How Jet Coin Works
If you’ve ever been apart of or heard about programs like Amway or Melaleuca, you know that there are of course some products as well as a business opportunity from which you can make money by bringing other people into the company.
That my friend is exactly how Jet Coin works, only without any products.
So when you hear the whole “member to member” deal, just know that that is a fancy way of saying cash gifting, which is nothing more than giving money to other people.
In the United States, this is very much illegal and even with actual products, you have programs like Herbalife that are getting slammed regardless if they have a product or not.
This is also a very good indicator that the owner of Jet Coin is operating outside of the US, which is another red flag.
For the most part, this is how people are making money, but they do get enticed with things like
“Everyone on your team earns even if they don’t recruit”
“Imagine doubling your Bitcoin every 60 days”
This also leads me into their most enticing bait of them all…
Doubling your Bitcoin, which I’ll be getting into, after I tell you how much you will have to pay just to make this type of money they speak of.
The Price to Join Jet Coin
To get started it is going to cost you 0.05 BTC, which amounts to about $125, which will eventually fluctuate with the rise and fall of Bitcoin.
Not like Cointherum and the many other Bitcoin MLM ponzis out there that usually start with 0.01 BTC, these guys have decided to up the ante, which is also why they make the claim of doubling your bitcoin in such a short amount of time.
There are actually 7 plans that you can purchase within Jet Coin and each will obviously cost a different price, but they also come with a different earning percentages, as well as when you get paid.
- JC1 – 0.01 BTC which gets you 10% profit
- JC2 – 0.1 BTC (10%)
- JC3 – 0.3 BTC (11%)
- JC4 – 0.5 BTC (12%)
- JC5 – 1 BTC (18%)
- JC6 – 2 BTC (20%)
- JC7 – 4 BTC (22%)
- JC8 – 8 BTC (25%)
The latter positions are always hard to pay out simply because not everyone has that type of money laying around.
8 BTC?
$20,000?
You have to be insane if you were going to put that type of money down on a program you know nothing about.
Now if your’e thinking that no one puts that type of money into sites like this, do know that the people that are “in the know” will be the ones to get those positions, just so that they can cash in on those that don’t know much about how these types of schemes work.
So How Do You Double Your Bitcoin?
We know that the way to make money here is to recruit other people to join, but they promote the whole Bitcoin nonsense, which I would like to explain.
The whole reason why any doubling happens is simply because other people are joining Jet Coin.
Very much like what revenue sharing is, but this time using digital currency and no clicking on ads.
With revenue sharing, they used advertising as its disguise from what was really happening behind the scenes and with Jet Coin, they’re using Bitcoin.
Do keep in mind that they both work the same way, and the way money is made is through new members.
This is also the reason why they want to pay you for bringing other people into the business.
So if not enough people come in within that 60 day window, then guess what?
You don’t double your Bitcoins.
Now if no joins after you, then guess what happens next?
Jet Coin gets shutdown.
And that my friend is how the cooking crumbles.
Final Verdict: SCAM
Jet Coin may be paying its members currently, but that will not last.
Trust me.
If you’re comfortable with paying the people at the top, then by all means, go for it, but do know that it is only a matter of time before people start pulling their money out and joining the next best thing.
The business model is not legit and without any products, can you tell me what you’re really getting?
Absolutely nothing.
I advise you to avoid the Jet Coin scam at all costs as this will very much join Gladiacoin and the many other Bitcoin MLM scams that have come and gone with many of its members losing a lot of money.
At a Glance
Name: Jet Coin
Website: www.jet-coin.com
Price: 0.05 BTC minimum ($125 USD)
Overall Rating: Do not join. Scam in the making.
Conclusion
Jet Coin is not going to be your golden ticket to financial success if that’s what you were thinking.
Forget about the person’s feelings who tried to get you to join this so that they can make money, but tell them you’re not interested.
It’s the completely uneducated that are joining these types of sites and that is also the same people who are paying everyone else.
You can put that money in and wait for that 2 months to pass, but with the model they’re using, it won’t make it that far.
The only ones who will win are the owner and those in the good old boy’s club.
What I Really Think
I have put my money in many sites like this and I have actually made some good money in the process.
The thing about this is that not everyone will win and people will lose thousands of dollars hoping to double their money when there are no guarantees.
I no longer get involved with these types of sites due to the fact that there are too many sites like this that come and go within a 3 month period leaving its members hanging.
Now if you’re looking to make some real money online, do know that it is going to come in the form of hard work and some dedication.
If you can’t do that, I can promise you that you will be jumping from program to program, posting a different “this is the one” product on your Facebook wall eventually losing trust from everyone who decided to follow you in the first place.
I will always recommend a program called the Wealthy Affiliate before any product, simply because what they teach is legitimate, it works, and you don’t have to play the whole recruiting game.
Other than that, you can give this a try, but do know that you have been warned.
In the end you have no one to blame but yourself.
Thanks for reading my Jet Coin review and I hope that I have given you more than just information on yet another Bitcoin MLM scam.
Until next time, be scam smart and always, always do your research.
Cheers!
Tired of Scams? Click Here to See What I Recommend!
I am personally an investor within the Jet-Coin system and can say firsthand that it works and I always receive my payments on time.
You are REQUIRED to have a sponsor when you first sign up. Feel free to use mine: cmoneyg
So is this still working Craig? lol!