What is BitRush? Is Bit Rush a Scam or a Legit?
Bit Rush is an illegal business known as a Ponzi scheme which can’t be sustain for a long run. Ponzi scheme like BitRush.org pays at starting by calculating the ratio of new money coming into the system versus the withdrawal amount by the members. They will keep on paying till date the ratio of new investment coming into the system becomes more than than the amount that existing members are withdrawing. Once they realize the withdrawal amount is increasing day by day, they will just stop paying and shutdown their site and run with money of members.
In another word, Ponzi scheme like BitRush will keep on paying only until the ratio of new members who invest in their ROI plans are higher than the existing members who are withdrawing their earnings. Actually we have described in detail about Ponzi and Pyramid schemes in our other posts which you can find by clicking the following respective links:-
Ponzi Scheme:- newsonlineincome.org/ponzi-scheme/
Pyramid Scheme:- newsonlineincome.org/2017/03/06/what-is-pyramid-scheme/
If you still don’t understand what we means, then here, within our BitRush review you can find the detail answers of queries for which you are searching the BitRush reviews, such as what is Bit Rush in real, either is BitRush scam or legit and so on. But before that, if you want to take a look at our recommended online work companies list, then please click this link:- newsonlineincome.org/legitimate-work-home-businesses/
Among those recommended online work companies, we have rated Wealthy Affiliate as a top most online work company, for details you can click this link:- newsonlineincome.org/wealthy-affiliate-review/
OK, now let’s begin with our Bit Rush review in detail to find out what is BitRush.org in real.
What is Bit Rush? Background of BitRush.org
Aforementioned, it is already clear that Bit Rush is a Ponzi scheme which is neither sustainable, nor legal.
So, do we mean BitRush is a scam?
Yep, BitRush is a scam because it doesn’t matter it pays at starting or not, what matters is how long it keeps on paying and its business model is sustainable or not. In case of BitRush, it can’t keep on paying because there is not any real source of income from which BitRush can make real profit to pay its members. There is not any verifiable source of income that BitRush can show legally to prove that they can pay their members in real the amount of ROI that they are claiming to pay from real profit. So, like we have said before, they will just keep on paying existing members using the money of new members which will create a debt each time they pay their members and debt will increase day by day and even if they want to keep on paying their members, then also they will not have enough money to pay them.
More than that, the owner details of BitRush is completely hidden within their website as well as within WHOIS record and the registration document which they have provided is from UK Companies House where anyone can register company by paying 20 GBP using rental (virtual) address. In the past lots of Ponzi scheme sites similar to Bit Rush has been registered in UK Companies House which has been already turned into scam by now. So, this proves that Bit Rush is not a good company.
Actually you can spot a scam within these kinds of sites by yourself. For example, BitRush has claimed that they will pay upto 5.04% daily on one time investment. Now you think, if there is a real business which can make a huge profit to pay back 5.04% to their investors, then why they need to collect money from several people online and pay them 5.04% daily, means 151.2% monthly instead of taking loan from bank in less than 1% monthly. It is because their business model is not legal and they can’t show any proof that they can make real profit due to which they are unable to take a loan from bank. So, like we have said before, BitRush is a Ponzi scheme which will keep on paying at starting using the investment amount of new members to existing members. But, this kind of business can’t be sustain for long run. If you want to find out scams by yourself, then we suggest you to read this post:- newsonlineincome.org/2017/03/23/how-to-know-scams/
Aforementioned, it is already clear that Bitrush.org is not a good company. So, it is better you don’t invest in this company, otherwise you can lose your money anytime from this site because it can stop paying anytime in the future. If you want to make money, then you can take a look at our recommended online work companies list by clicking this link:- newsonlineincome.org/legitimate-work-home-businesses/
Wealthy Affiliate is our No.1 recommended online work company from where you can earn on regular basis for your lifetime so that you can quit your job and establish full time income online. For our detail review on Wealthy Affiliate, you can click this link:- newsonlineincome.org/wealthy-affiliate-review/
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