Looking for an honest My Bitcoin Tube review from someone who actually knows what they are talking about?
Well, you’ve come to the right place as I have been dealing with these types of sites for at least 5 years.
Through that time I have seen the many different shapes and forms that made what these programs are today.
I do have a very unbiased but straight to the point opinion about things so I’m sure you can appreciate some bluntness and honesty.
Not many members even know what they are involved with but they will still promote this like crazy.
The first and most important thing you need to know here is that these types of sites are referred to as revshares.
Not a real deal revenue sharing type of program but one that is specifically tailored to those looking to make money online.
This is a very simple model but one that does require some experience.
Without that experience you might end up on the losing end of the stick.
We don’t want that to happen though, so please follow along as I explain how everything works.
Once you understand everything I am about to mention, you can be sure that you will make the wisest of all wise decisions.
My Bitcoin Tube Review – Product Overview
Name: My Bitcoin Club
Overall Rating: 1/5 stars
My Bitcoin Club is your typical revenue sharing program that uses “watching videos” as its product/service. The idea is still to recruit others in order to keep things running. Once recruitment stops, so will the paying. Join at your own risk as they will be paying now but eventually will stop once people stop joining.
What is My Bitcoin Tube?
My Bitcoin Tube is a site that claims to pay you for simply watching YouTube videos.
At least that’s their first claim but there’s more to it than that.
They also offer you a chance to make more money by investing in their advertising platform.
Through this investment of ads, you get to advertise your product and make money through the revenue the company brings in.
That’s the idea and that’s what they say is going on.
For some of you, things might sound pretty accurate but for others, things might sound a bit odd.
Make money watching YouTube videos?
Well, that’s actually not what is odd because you can do that by joining something like Swagbucks.
You don’t have to pay but you can very much make money in the process.
Now with My Bitcoin Tube, things work a bit differently
How it Really Works
My Bitcoin Tube is nothing more than a revshare.
The whole YouTube part of the program is nothing more than a way to entice people like yourself to join.
“Make up to $210 per video”
Heck, even I got attracted to that and I already knew what I was getting myself into.
The real reason why you want someone to join is to get them to partake in the revshare side of things.
By getting others to join, it allows everyone who is already in to get paid.
Now if no new members come in, then guess what?
No one gets paid.
It’s really that simple so don’t let anyone try to explain how this works because that’s all there is to it.
How They Get New Recruits
So we know that this whole thing is funded by its newer members.
In order to get any of those members, there needs to be some kind of incentive in place.
This is where the MBT referral program kicks in.
For every person you bring in, you will get $10 of whatever they deposit along with 10% of whatever they use to buy “advertising”.
That my friend, is exactly why you see others promoting this on Facebook and other social media sites.
I mean, did you really think they had the secret formula to making money?
No one would have time to share anything if they were too busy making it.
What most people don’t know is that there are others willing to invest a couple thousand dollars just to make the most out of things.
$1k will get you a $100 commission just like that.
Before You Join
To get started it isn’t going to cost you much but take that route and you are just wasting your time.
Even $100 will only get you $35 in profits, which will require a whole month before you see that money.
Now imagine putting in $10 and waiting a whole month just to get $3.50.
It wouldn’t be worth it at all.
This is the same reason why people put in thousands of dollars, which is beyond risky.
There are no refunds and there are no guarantees that you will even make back what you put in.
And from the looks of things, My Bitcoin Tube does not seem to be gaining much traction.
The site also has some poor grammar, which is another red flag.
Lastly, you need to understand that this will not last, whether we like it or not.
It’s only a matter of time before it gets shutdown to join the thousands of other revshares that tanked.
Final Verdict: Not Recommended
Revshares come and go a lot faster these days and none last for even 3 months.
As much as these owners will try to keep things afloat, it is really only a matter of time before people eventually stop joining.
Once that happens, earnings slow down and everyone starts to drop out.
Then comes the many excuses as to why they aren’t paying and eventually you will never hear about the owner again.
That’s how it has been and that’s how it will always be.
Although they aren’t here to scam you, they are still not a legit business.
If this was ran by someone in the U.S., you can bet that they will get hit by the FTC real fast.
Many have tried and many have paid the consequences.
My Bitcoin Tube is not based in the US so this one has some space to mess around with.
I know you want to make money but this is not going to be one of the better options.
I have been apart of many revshares in my life and they are very predictable.
With such predictability comes the risk and uncertainty that has led me to looking for something more reliable.
After the months of ups and downs that came with revshares, I finally decided to call it quits.
Through the years, the products have changed but the same business model still exists.
It’s not going to give you financial freedom and they can get you in trouble.
Do make wise decisions and you’ll be just fine.
Besides that, I hope this My Bitcoin Tube review has given you all the information you needed.
If you have any questions about this or any other program for that matter, feel free to leave them in the comments section below.
Thanks for reading and good luck!