Bonus Bitcoin – Scam Or Legit [100% HONEST REVIEW] | BloggersHQ.Org
Cryptocurrency is here to stay! despite their controversy and volatile nature they are not going anywhere soon. That means more Crypto scams. The question is – is Bonus Bitcoin A Scam or Legit?
Firstly I’d like to congratulate you for being very smart and doing your homework and researching opportunities like these. This is how you avoid being scammed and find The best way of making money online!.
Throughout the remainder of this Bonus Bitcoin review I will talk about the following:
- What Is Bonus Bitcoin?
- How Does Bonus Bitcoin Work?
- Is Bonus Bitcoin A Scam?
- Is Bonus Bitcoin Legit?
- Can You Make Money With Bonus Bitcoin?
- My Bonus Bitcoin Review – The Final Conclusion!.
Curious to find out more about Bonus Bitcoin?, yes? then keep reading!.
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Bonus Bitcoin Review
Product Name:
Bonus Bitcoin
Founder: Unable To establish founder or site owner.
Product Type: Bitcoin mining, using your computer resources.
Price: Free
Best For: Those with fast powerful computers.
Summary: BonusBitCoin will happily pay you 5,000 satoshi for every 15 mins of your computer resources that they use. 5,000 satoshi currently is only $0.28 cents basically you’ll earn just over a $1 an hour!.
The value of bitcoin will need to rise significantly for it to be worth your while (beyond $50,000 USD) a value bitcoin has never yet been close to!.
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Rating: 20/100
Recommended: No
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More…
What Is Bonus Bitcoin?
This is a program that claims that you can make money by earning free Bitcoins, mostly by doing nothing.
A quick glance at the website’s logo you can see their claim to be a “free bitcoin faucet”. Usually when I hear such scams of grandeur my scam detector goes off!. You simply don’t get something for nothing.
And you can bet your top dollar – (or a crypto equivalent) that they, the folks over at bonusbitcoin.co are not giving away bitcoins for free. If they are, then they are making money somehow….unless is it a big Ponzi scheme!.
Can You Really Get Bit Coins For Free With Bonus Bitcoin #Cryptocurrency #Bitcoin
In order to earn your Bonus bitcoins you have to have made at least one Bonus Bitcoin claim within the previous 24 hours.
The whole Bonus Bitcoin system is basically you, offering your computer and its resources to process (i.e mine) bitcoins from which the website Bonusbitcoin.co will then profit from.
The “Free bitcoin” thing is not exactly free – the catch if an when you read that top line above, basically a payment in exchange for using your computer resources for them to mine bitcoins.
How Does Bonus Bitcoin Work?
Bonus Bitcoin pays you 5,000 satoshi for every 15 mins of your computers resources and power that they use. They will access your computers resources to process Bitcoin payments (often called mining Bitcoins).
Being paid for doing pretty much zero sounds pretty cool if you ask me!. The only trouble here is 5,000 Satoshi is currently worth only 28cents!.
Basically you will be paid $1.12 for each hour your computer resources are used.
Hardly something to shout about!.
Barely a bank breaking amount…for Bonus Bitcoin to catch my attention it will need to increase its current value at least 10 fold!.
Essentially you are not going to earn much unless you manage to get quite a few people in to the affiliate program that they have – and regular users/miners. The affiliate side pays 50% commission – lifetime!.
Some key features of their affiliate program:
- 5,000 Satoshi every 15 mins
- Claim every 15 mins (automatically)
- 5% daily bonus
- Free withdrawal
- 50% commission from referrals for life!.
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Even with those rather enticing 50% lifetime commission you would need at least 30-60 referrals that are using the system daily for a few hours each for you to make a reasonable income from this.
….and they would need the same for it to be worth their while…
and that is where it become “Pyramid like” even though it not an MLM or pyramid scheme but direct affiliate commissions. It still has to be of value for everyone involved for it to worth their while using it.
I don’t see anyone happy to earn $1.12 a hour using the system with out having a significant team of referrals behind them bolstering that amount.
Evidently this is not going to be a solid and reliable way of making money on a sustainable basis.
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Is Bonus Bitcoin A Scam?
No, it does not appear that Bonus bitcoin is a scam. It is payment received for a service rendered – that service being the use of your computers resources for them to mine bitcoins.
You’ll make pennies and not Dollars from it. It is not a scam.
Is Bonus Bitcoin Legit?
Absolutely, Bonus Bitcoin is 100% legit, but 5,000 Satoshi is hardly anything to shout about at the current (and even record) exchange rate.
Can You Make Money With Bonus Bitcoin?
Technically and in theory yes, you can make money with Bonus Bitcoin. In practicality, but not in reallity you won’t end up making anything worthy of note.
My Bonus Bitcoin Review – The Final Conclusion
Although legit this one is completely worth missing out due to the tiny $1.12 an hour payout. There are far better and less complicated ways of making real money online than Bonus bitcoin.
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