Recently, I was offered to join an MLM scheme.Larry Pantling, owner of Capstone Digital Mining, offered me an opportunity to buy a beginner package for mining onecoin, swiscoin or ilcoin.He also gave me some information about the so-called “promotion programs” to involve other people into mining.In other words, I was offered to join an MLM business.Frankly speaking, I’m not new at this; I know how MLM works.But in traditional schemes you at least get some goods in exchange for your money.But what about cryptocurrency MLM?I still don’t get all the mechanisms of crypto operations, but I really felt like I was asked to pay just for thin air.To tell the truth, I never had the idea to join any kind of crypto MLM, but I decided to conduct some research with the help of Nathan Wosnack, CEO of Ubitquity.And I’ve had some interesting results.I decided to get some information about the companies I’ve been offered to join – OneCoin, Swiscoin and Ilgamos.The first thing I found out about OneCoin was that it was exposed as a Ponzi scheme by CoinTelegraph earlier this year.

In addition, I found further information concluding OneCoin is not trustworthy. stated: “There is no information on the OneCoin website indicating who owns or runs the business.The OneCoin website does have an “about” section, however no information about the company’s ownership structure is revealed”.Also, the company does not operate in the USA.It would be turned down by the SEC in no time, failing to comply with regulations.bitcoin mining website scriptOneCoin has no retailable products or services.korea bitcoin atmFurthermore, onecoin is not on the list of all available cryptocurrencies on CoinMarketCap.ethereum forkHaving studied all information on OneCoin, Nathan Wosnack told CoinTelegraph: “OneCoin is an interesting one that has been floating around all year.bitcoin mining with i5

I am personally surprised that it is still in the wild, as it were.As you reported in the past via William Suberg, there has been considerable evidence pointing to OneCoin's scheme”.By the way, swiscoin and ilcoin are not on CoinMarketCap’s list either.In fact, all information about SwisCoin is even more vague and uncertain. states: “There is no information on the SwisCoin website indicating who owns or runs the business.bitcoin guadagnare” was registered on the 15th of September 2015, with Kathrine Harbor listed as the owner.bitcoin hyperlinkAn address in Dublin, Ireland is also provided.bitcoin halal keFurther research reveals this address belongs to Regus, who sells virtual office space.bitcoin hardware israel

As such it would appear SwisCoin have no actual physical presence in Ireland.As for Kathrine Harbor, outside of the SwisCoin domain registration, her name doesn’t appear linked to SwisCoin.I’m flagging this as highly suspicious, with there being a big question mark as to whether or not Harbor actually exists.” This doesn’t sound very good, does it?Nevertheless, Larry Pantling commented: “I have more than two hundred people signed under me in a month with swiscoin.quotazione bitcoinIt is a way to make money without buying the cloud and equipment.” Seems promising, at least for Larry.But what raised a red flag for me is that company management refused to speak to me.That is odd, isn’t it?I mean, if you have nothing to hide you would probably be willing to talk to press to promote your company or product.Then, maybe, they do have something to hide.Nathan Wosnack commented on Swiscoin, saying: “The problem with SwisCoin is the information is sparse.

Their site is vague, they aren't listed on any exchanges that I can see , and it all appears to be geared towards affiliate marketers and MLM types rather than developers and the community.The fact that all positive news I can find is based on MLM marketer reviews or foreign spammy sites, I'd personally give it a high probability this is a scam or at least a pump and dump.” Username * First Name Last Name Email * Password * Repeat Password * You registration completed successfully.Confirmation email sent to email address provided.Email * Password *At their European event in Frankfurt today, Buyezee announced that the most widely used and highly popular cryptocurrency, Bitcoin, can now be used to purchase Shop Owner Licenses.In a world first, Buyezee is the only company in their category to accept and pay out bitcoin payments within their marketing plan, in the way that they now do.The team at Buyezee have made it simple for people to create an global online business, by removing the barriers and delays that conventional banks and currencies create.

From now on, purchasing packages using Bitcoin within the back office is now as simple as scanning a QR code from your mobile phone.Using Bitcoin gives near instantaneous results, as there is no time delay between payment and an upgrade being processed.The payout system has been designed to be quick and effective too, with all Bitcoin commission paid within 24 hours.Buyezee has seen other large, multinational companies such as Expedia, Dell and Microsoft embrace Bitcoin as a payment method, expanding their already global business into emerging markets regardless of currency or border restrictions and is following their lead.Daniela Claudia Szasz, CEO at Buyezee commented, We want to afford the same freedom to our valued and rapidly growing team of Shopreneurs and Shop Owners and we're excited to further fuel the rapid expansion of our network of people, products and services.Bitcoin is a great way encourage teams to form, removing the barriers that exist for conventional network marketing companies.” Chris MacDonald, CTO at Buyezee commented, “The team has been working on the Bitcoin system for a while.