Review Is Bytcro Scam or Should I Invest

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Here’s Why You Should Invest In Stepan Company (SCL) Now

We believe that Stepan Company (NYSE: SCL ) is a solid choice for investors, seeking exposure in the chemical space. Healthy growth opportunities in two business segments, programs driving internal efficiencies and buyout gains, will continue to work in favor of the company.

The stock, with $1.9 billion of market capitalization, has been upgraded to a Zacks Rank #1 (Strong Buy) on Mar 14. Its investment appeal is further accentuated by a VGM Score of A.

Stepan Company delivered better-than-expected earnings in two of the last four quarters, recording an average positive earnings surprise of 15.70%. Notably, the company’s shares have rallied 7.2% in the last three months, outperforming 2% gain of the industry.

Why the Upgrade?

We are providing a snapshot of how Stepan Company fared in the fourth quarter of 2020. Its earnings of $1.06 surpassed the Zacks Consensus Estimate by 58.21% and also surged 104% over the year-ago quarter’s tally. Net sales were up 13% on the back of higher selling price, rise in volumes sold and forex gains. On a segmental basis, results were impressive for Surfactants and Polymers.

In the quarters ahead, Stepan Company believes that Surfactants segment has the solid growth potential in oilfield chemicals, agricultural and construction markets as well as from Tier 2 and 3 customers. Moreover, the company is working toward improving asset utilization in the U.S. laundry business and reducing fixed costs. For the Polymers segment, the company anticipates gaining from conservation efforts in the global energy market. Also, prospects in the insulation market and capacity additions in Asia, Europe and the U.S. will benefit.

In addition, the company’s efforts for expansion in existing markets and penetrating into new markets, as well as innovating new products, are worth mentioning. Its DRIVE program focuses on improving internal efficiencies through effective procurement, supply chain optimization and reduction in selling, general and administrative expenses. Acquisition of meaningful businesses will be advantageous too. In June 2020, the company agreed to acquire BASF Mexicana’s surfactant production facility in Mexico and some of its related surfactants business. The buyout is anticipated to close in the first quarter of 2020.

For 2020, Stepan Company anticipates capital expenditures to be $105-$115 million, while the company will work toward repaying the debt of $20.7 million. Also, the lower tax rate of 20-23% versus 34% in 2020 will be beneficial.

In last 30 days, earnings estimates for Stepan Company were revised upward by two brokerage firms for 2020 and by one for 2020. Per a 30-day ago tally, the Zacks Consensus Estimate is pegged at $5.17 for 2020 and $5.79 for 2020, reflecting the increase of 10% and 6.2%, respectively.

Stepan Company Price and Consensus

Other Stocks to Consider

Other stocks worth considering in the industry include LyondellBasell Industries N.V. (NYSE: LYB ) , Kronos Worldwide, Inc. (NYSE: KRO ) and Air Products and Chemicals, Inc. (NYSE: APD ) . While both LyondellBasell Industries and Kronos Worldwide sport a Zacks Rank #1, Air Products and Chemicals carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

In the last 60 days, earnings estimates for these three stocks have improved for the current year. Also, average positive earnings surprise for the last four quarters was 2.14% for LyondellBasell Industries, 35.01% for Kronos Worldwide and 4.68% for Air Products and Chemicals.

Breaking News: Cryptocurrencies Now Bigger than Visa

The total market cap of all cryptos recently surpassed $700 billion – more than a 3,800% increase in the previous 12 months. They’re now bigger than Morgan Stanley (NYSE: MS ), Goldman Sachs (NYSE: GS ) and even Visa! The new asset class may expand even more rapidly in 2020 as new investors continue pouring in and Wall Street becomes increasingly involved.

Zacks has just named 4 companies that enable investors to take advantage of the explosive growth of cryptocurrencies via the stock market.

What is Cardano? Should I invest in it, or is it a scam?

a Avkm d eR BN b BVTyP y l o R vJzC e assN f jiW i dJudO n gqB i vE t vQwfV i rD v Yey

Cardano is founded by the co-founder of Ethereum, Charles Hoskinson, and has been developed to compete directly with Bitcoin and Ethereum.

Cardano’s blockchain is similar to Ethereum’s mirroring the fact that decentralised applications (DAPS) and smart contracts can be built on the blockchain.

Now answer to your 2nd Qusetion..

This coin has the best of all worlds and has a huge potential to be growth as a coin and it’s future uses are endless. I’d invest and hold it for a few months to easily see 5–10X returns and now i am already in profit.

Thanks for Reading.

If u want more info, then click .

Oinvest Review – is scam or good forex broker?

Trading Accounts and Conditions

Trading account Minimum deposit Maximum leverage Spread
Standard Not specified 1:500 0.7 pips

Oinvest is a South African forex and CFD broker that appears to offer a single account type with tight variable spreads, no commission fees and high leverage levels on the MT4 platform.

In addition, the broker provides a number of educational sources for beginner traders, such as e-books, training courses, webinars, tutorials, etc.

Oinvest Advantages

Licensed in South Africa

One of the strongest benefits of Oinvest is the fact that the company behind it, BASFOUR 3773 (PROPRIETARY) LIMITED, is regulated by the South African Financial Sector Conduct Authority (FSCA), the successor of the Financial Services Board (FSB). The FSCA is in charge of the licensing process and oversees financial service providers, which are required to keep all client funds in segregated trust accounts in a recognized bank in South Africa. The regulator also keeps a public register of Authorized Financial Service Providers, so that investors can look up whether a certain broker is FSCA-licensed.

Although regulation in South Africa is not among the strictest and most reputable ones (such as the one in US or Australia, for example), it provides a certain level of reliability.

Trading on MetaTrader 4

Another positive side of Oinvest is that trading is done on the widely used MetaTrader 4 (MT4), which most traders know well and like using. The reason for this is that the MT4 has an intuitive interface, solid charting, great analysis tools, and supports wide range of automated strategies, better known as Expert Advisors.

The trading costs at Oinvest also appear attractively low. The broker does not charge commission fees and the spread on EUR/USD is as low as 0.7 pips.

A wide variety of assets

Another advantage of this broker is the variety of trading instruments it offers for trade. Its product portfolio includes around 50 currency pairs (FX), as well as CFDs on stocks, commodities, indices, and cryptocurrencies. The list of the latter comprises popular coins such as Bitcoin, Ether, Ripple Dash, Bitcoin Cash, Bitcoin Gold, Monero and Litecoin.

If you are into cryptocurrencies, check out our list of reliable forex brokers that offer trading in Bitcoin.

High leverage levels

As most brokers who are not restricted by the laws applicable in the country of their operation, Oinvest provides high leverage levels, reaching 1:500. While such leverage ratios allow traders to open larger positions, while not investing large sums. That is why we consider it as an advantage, although leverage levels that high increase significantly the risk of losses.

Oinvest Disadvantages

Trading conditions not specified on website

Oinvest’s website does not contain any relevant information on its trading conditions, such as leverage levels, minimum initial deposit, spreads, etc. All decent forex brokers specify these essential trading details as a part of their transparent pricing policy.

Fortunately, demo accounts are available, so we were able to see the trading costs and the leverage ratios available.

Not available in many countries

It seems that Oinvest targets mainly local traders, as it does not accept clients from the United States, Iran, Cuba, Sudan, Syria, North Korea, Australia, Canada, Israel, as well as such from European countries.


Oinvest is a well-regulated South African broker that offers wide range of tradeable assets on the industry’s leading MT4 platform. While the trading conditions on demo accounts seem pretty attractive, they are not clearly specified on the broker’s website.

The situation with financial markets in South Africa seems promising, as this is the most developed country on the continent and has some sort of financial regulation. Nonetheless, the most reliable forex brokers regulated by the South African Financial Sector Conduct Authority are also licensed by other, more trustworthy financial governmental agencies such as UK’s FCA or Cyprus’s CySEC.

To sum up the above:

Pros Cons
Licensed in South Africa Trading conditions not specified on website
MT4 available Not available in many countries
Tight spreads
A wide variety of assets
High leverage levels
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Broker Country Regulation Platform Min Deposit Review
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for Oinvest




Price feed



Customer service


I am a victim

It is the real scam, blood sucking kind of people, they are working for the devil.

Stay away

You are going to loose money .

Oinvest is a SCAM. SCAM.

Its a SCAM. Do not trust them.

I have lost R63500 in 3 days today!!

lock out of my account with a large amount of money still in the avccount

I was sill busy on forex and I was locke out.
According to helpdesk I must send my computer info.
Why. the website was closed on me.
I need my funds back emmediatly


[email protected] actually helped my withdrawal after providing the statement.

Not customer friendly

[email protected] is not customer friendly. After they withdraw the R3500 no tel is answered and no advice forthcoming.

Lost all my money

I trade with Oinvest since March but after doing well they give me false information to buy to trading t
hat are going to take all my money.

App not trading

I just started my journeys to days ago I find that after two days the MetaTrader 4 app do not work properly.
The app is not trading it is stuck.

Please help

I have an account with oivest even though I’m not trading at the moment. My main concern was that it seemed like somebody was going into my trading account and open and close active trading pairs without me knowing. Who ever was assisting me, will than blame me for that.I was still new in trading space. Secondly I didn’t change my password. I still want to be a trader.

Please I need your advise.

With kind regards
Molwantwa Mfisa

Please help me

I deposited an amount of R8500.00 with Oinvest using my absa Visa credit card, I was helped to make the deposit. I could not trade sue to the fact that I am always on the road now. I requested a refund of my money but now they avoiding me. They are not helpful with my refund but they are registered with the FSCA and they regulated by so called Basfour 3773 Pty Ltd. Will somebody please help me to recover my R8500.00.Please. FSB please.

Update on previous post

Adding to my post from yesterday, I was contacted by Oinvest’s “Customer Support” department rgarding my withdrawal request, by email. They claimed that there was an issue with their Payment Service Provider and that my refund MAY have to be provided by wire transfer.
To me, this comes across as just another attempt to obfuscate, delay and ultimately deny any refund. They then go on to say that, in order to effect a wire transfer, they need a Bank Reference, along with all of the usual bank details plus some that really are NOT required to execute an international bank transfer.
I immediately replied for clarification and justification for this overly-complex, demanding, inconvenient (to say the least! I’m in Thailand and my bank is UK-based!) and unnecessary method. In addition to their likely false claim that there is an issue with their Payment Service Provider (I’ll bet it’s working fine for receiving deposits!), my response was not dealt with the SAME Customer Support individual. Indeed, in all, I’ve received three different emails from three different Customer Support representatives, all offering the same demand for a Bank Reference – complete with bank stamp and signature (WTF. ).
Oinvest is a shockingly unprofessional organisation with a complete lack of acceptable business ethics.
Their representatives do NOT listen to you on the phone and they whine like children WHEN you (rightly) become tired of their meaningless rhetoric and excuses. I will be researching avenues to have this company thoroughly investigated and pulled apart to uncover its, I suspect, fraudulent nature. I can virtually guarantee that not one of its representatives has any education or certification in financial services activities.

Extremely annoying, invasive business practice

Having seen Facebook promotions for an investment scheme that automatically generates profits and having a spare bit of cash to throw at such TGTBT schemes, I decided to deposit $250 with Oinvest.
Within a matter of days, I started receiving random phone calls at inconvenient times to offer me guidance and “training” in managing my trades and making profits. Obviously, the first suggestion was ‘to make good profits you need to invest $000s rather than $250’. The guy then tried to talk me through the mechanics of the system and explain which shares/currencies to focus on. Other than the suggestion of investing more, the conversation was quite reasonable but I made it clear that I wanted to take my time, learn the market MYSELF and then make my trades accordingly. Essentially, I didn’t want an ‘account manager’ pushing me into making trades that I’ve not examined/researched myself.
Following this, I periodically received these random calls from phone numbers that evidently originated in Singapore and then Thailand – where I am based – presumably in an attempt to deceive me into thinking that they were from other parties and closer to home and therefore I would be more likely to take them.
I think I am on my THIRD account manager now, in the space of less than 6 months, which suggests either that they do not retain staff very well or they simply pass around their ‘clients’ to see which manager can actually get a ‘client’ to bite.
Ultimately, I’ve found their practices invasive, harassing, bullying and offensive. I have now requested a withdrawal of all of my funds – the Oinvest website indicates there are no withdrawal fees, so I expect to receive the full $250 back in my account in due course but I wouldn’t be at all surprised if that is not the case.
Although I can’t definitively describe Oinvest as a scam, their promotional advertising is definitely designed to mislead and their business practices are shady and less than ethical.

Stay away from Ointvest

I was called by ine Agent called Issac asked for my ID and proof of Res, deposited my R3500, 2days later so called Account Manager Lennard help me to download their trading website, 2days agter asked for $250 to increase my chances if making a profit. 1day later he ask for more when I told him I dont have anymore I had already invested All money was gone.

Pls pls Stay away from Ointvest.

Am starting to suspect Oinvest

I was asked to make a loan of R25000 to buy stock market shares which will make me profit, to my surprise I am told that my margin level is low and I must put in more cash because my margin level is below 100, whereas I was told that I will be refunded the money I put in to backup my margin level, I have requested my refund now am told that my money cannot be released as my margin level is on minus.That was not an agreement an I am now sitting on a debt which I must pay back.

Do not invest with oinvest

Once u have deposited money, it means you have fallen into their trap because i did

MacroCoin Review: MCoin scammers try again…

There is no information on the MacroCoin website indicating who owns or runs the business.

Infact at the time of publication, the MacroCoin website is nothing more than an affiliate login form.

The MacroCoin website domain (“”) was registered with bogus (incomplete) details on August 26th, 2020.

The official MacroCoin compensation plan documentation features the logo of an entity named “UECB Group”.

UECB Group have their own page on the MacroCoin website (not linked from the homepage).

UECB Group brings years of experience in financial and private sectors worldwide. With branches and dedicated teams all over the world we combine what’s best in each market into one global solution.

We provide an all-in-one solution that merges blockchain technologies with traditional payment networks in a new digital assets ecosystem.

UECB appear to be behind MacroCoin and are headed up by Simon Karakaš (CEO) and Rok Potočnik (“Senior Executive”).

Simon Karakaš (right) was involved in ByXpress, who created the MCoin cryptocurrency.

MCoin was a worthless altcoin cryptocurrency ByXpress mined through Coins Race. The company launched in 2020 and had crashed by early 2020.

In a ByXpress marketing video dated November 2020, Karakaš introduces himself as the “Cryptocurrency Officer of Coins Race”.

Karakaš is based out of Hong Kong, which is likely where MacroCoins is being operated from.

Read on for a full review of the MacroCoin MLM opportunity.

The MacroCoin Product Line

MacroCoin has no retailable products or services, with affiliates only able to market MacroCoin affiliate membership itself.

Through MacroCoin affiliate membership, affiliates are able to acquire MacroCoins.

  • Starter affiliates receive $50 in MacroCoins
  • Intermediate affiliates receive $100 in MacroCoins
  • VIP and higher affiliates do not receive MacroCoins with their affiliate membership

MacroCoin is an altcoin cryptocurrency that at the time of publication is not publicly traded.

For investments of up to €50,000 EUR in MacroCoin (Co-Founders are exempt from this restriction), affiliates receive the following discount:

  • Starter and Intermediate – 3% discount
  • VIP – 5% discount
  • Super and Co-Founder – 7% discount

The discount is applied to whatever the internal value of MacroCoin is set to at the time of purchase.

MacroCoin affiliates who sign up at the VIP, Super and Co-Founder levels receive a Huawei cell phone.

This phone can be exchanged for the equivalent value in MacroCoin.

Access to BigU Academy “educational packages” are also bundled with MacroCoin affiliate membership.

BigU Academy appears to be a third-party MLM training company.

On their website, BigU Academy claim their educational packages

provide adequate knowledge and solutions you need for a successful network marketing.

The MacroCoin Compensation Plan

The MacroCoin compensation plan sees affiliates invest in one of five packages:

  • Starter – €250 EUR
  • Intermediate – €850 EUR
  • VIP – €2000 EUR
  • Super – €5000 EUR
  • Co-Founder – €10,000 EUR

Commissions are paid out when MacroCoin affiliates who have invested recruit others who do the same.

Earning Restrictions

MacroCoin affiliates are restricted on how much they can earn in a week, based on how much they have invested:

  • Starter affiliates can earn up to $500 EUR a week
  • Intermediate affiliates can earn up to $1500 a week
  • VIP affiliates can earn up to $4500 a week
  • Super and Co-Founder affiliates can earn up to $13,500 a week

Note that while investment volume into MacroCoin is cited in Euros, earning caps use USD.

Direct Recruitment Commissions

MacroCoin affiliates earn a 10% commission on funds invested by personally recruited affiliates.

Note that MacroCoin affiliates can only earn commissions up to their own package investment level.

If the newly recruited affiliate buys in at a higher package than the affiliate who recruited them, the 10% commission is passed up to the first upline who has bought in at that level or higher.

Residual Recruitment Commissions

Residual recruitment commissions in MacroCoin are paid out via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of new MacroCoin affiliates.

Note that there are no depth restrictions in a binary team.

At the end of each week MacroCoin tally up new investment volume on both sides of the binary team.

Investment volume is generated as follows:

  • new Starter affiliate = 200 points
  • new Intermediate affiliate = 750 points
  • new VIP affiliates = 1750 points
  • new Super affiliate = 4500 points
  • new Co-Founder affiliate = no points generated

A MacroCoin affiliate is paid 10% of points on their weaker binary side (the side with less investment volume).

To qualify for binary commissions, a MacroCoin affiliate must personally recruit at least two affiliates who also invest.

Matching Bonus

MacroCoin affiliates can earn a matching bonus on residual recruitment commissions, paid out via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

MacroCoin cap the matching bonus across seven levels of recruitment.

How many unilevel levels a MacroCoin affiliate can earn a matching bonus on is determined by how many affiliates they have personally recruited:

  • recruit 2 affiliates and earn a matching bonus of 2% on levels 1 and 2 and 3% on levels 3 and 4
  • recruit 4 affiliates and earn a matching bonus of 2% on level 1, 3% on levels 2 and 3, 5% on level 4 and 2% on level 5
  • recruit 6 affiliates and earn a matching bonus of 2% on level 1, 3% on levels 2 and 3, 5% on levels 4 and 5 and 2% on level 6
  • recruit 8 affiliates and earn a matching bonus of 2% on level 1, 3% on levels 2 and 3, 5% on levels 4 to 6 and 2% on level 7

MacroCoin Investment Commission

When personally recruited affiliates invest directly in MacroCoin, a commission of up to 8% is paid out:

  • Starter affiliates earn a 2% commission
  • Intermediate affiliates earn a 4% commission
  • VIP affiliates earn a 6% commission
  • Super and Co-Founder affiliates earn an 8% commission

Co-Founder Referral Bonus

MacroCoin affiliates who buy in at the Co-Founder level receive an exclusive recruitment commission when they recruit other Co-Founder affiliates.

  • the first Co-Founder affiliate recruited pays out a 20% commission
  • the second Co-Founder affiliate recruited pays out a 30% commission
  • the third Co-Founder affiliate recruited pays out a 50% commission
  • the fourth Co-Founder affiliate recruited pays out a 20% commission
  • the fifth Co-Founder affiliate recruited pays out a 30% commission
  • the sixth Co-Founder affiliate recruited pays out a 50% commission

Profit Pool Share

The Profit Pool Share bonus is separated between regular MacroCoin affiliates and those who buy in as a Co-Founder.

Regular affiliates must

  1. generate 100,000 points in their weaker binary side or recruit four Co-Founder affiliates to receive a share in 1% of local MacroCoin investment volume or
  2. generate 500,000 points in their weaker binary side or recruit twenty Co-Founder affiliates to receive a share in 1% of global MacroCoin investment volume

Co-Founder affiliates must

  1. generate 50,000 points in their weaker binary side or recruit at least two Co-Founder affiliates to receive a share in 1% of local MacroCoin investment volume or
  2. generate 250,000 points in their weaker binary side or recruit ten Co-Founder affiliates to receive a share in 1% of global MacroCoin investment volume

Note that although the local and global investment volume pool percentages are the same, the regular and Co-Founder affiliate bonus pools are separate.

OCF Shares

MacroCoin affiliates who invest at the Intermediate and higher package levels receive OCF shares.

  • Intermediate – $200 worth of OCF shares
  • VIP – $600 worth of OCF shares
  • Super – $1500 worth of OCF shares
  • Co-Founder – $3500 worth of OCF shares

OCF shares are virtual shares within MacroCoin.

OCF ownership certificates represent co-ownership of the companies in the GSA fund.

As the fund grows in value, so do it’s shares.

Members can sell their shares on the market in exchange for the share’s worth, 90 days after the date of the share’s purchase.

MacroCoin determine the value of shares, with affiliates able to trade shares between themselves on an internal exchange.

Macro Foundation Committee

MacroCoin rewards Co-Founder affiliates with a share in 1% of MacroCoin’s global investment volume.

The top six Co-Founder affiliates with the largest MacroCoin balances in the world each receive a share in 1% of MacroCoin’s global investment volume.

Joining MacroCoin

MacroCoin affiliate membership is tied to investment in one of the following packages:

  • Starter – €250 EUR
  • Intermediate – €850 EUR
  • VIP – €2000 EUR
  • Super – €5000 EUR
  • Co-Founder – €10,000 EUR

An affiliate has thirty days to upgrade their package by paying the difference. After that the full price for a package upgrade must be paid.

The primary difference between MacroCoin affiliate membership packages is income potential through the MacroCoin compensation plan.


If the premise of MacroCoin sounds familiar, it’s because it’s basically a rehash of what went down with Coins Race and MCoin.

Here’s how Simon Karakaš himself pitched MCoin:

What we’re doing is we’re actually building a specialized community and presenting them with our own cryptocurrency.

We took a different approach. We built a community first and present the technology later. And that is giving much better potential for us.

The problem with this model is that it’s ass-backwards.

MLM altcoin companies who adopt this model roll out a worthless cryptocurrency, backed by nothing more than hypey marketing.

You know what I’m talking about; “Missed out on bitcoin? We’re gunna be the next bitcoin!” and so on.

The reality is the only money made is during the initial investment phase. Once affiliate recruitment slows down affiliates realize all they’ve paid thousands for is just another worthless altcoin.

The company who sold them the coins struggles to do anything meaningful with it, as legitimate businesses aren’t interested in using a currency backed exclusively by speculative investors.

The general public also never adopts MLM altcoins for the same reason:

Why would anyone pay inflated prices for an internal currency that has no legitimate real world application?

This has already played out with MCoin and MacroCoin is not going to be any different.

Purely from an MLM perspective, MacroCoin is a combination of Ponzi fraud (trading via the MacroCoin internal exchange), unregistered securities (OCF shares) and pyramid recruitment (referral commissions on packages).

Pay to play is also a strong component of the compensation plan, particularly with Co-Founder package investment.

In summary; all facets of MacroCoin are controlled by UECB Group, who one way or another were probably also behind the development of MCoin.

The only thing you as a MacroCoin affiliate can control is how much money you want to lose by investing.

Update 27th June 2020 – I’ve had two requests in the last week to review Global Sustainopreneurship Association.

From what I can tell this is yet another division of UECB Group, fronted once again by Simon Karakaš and Rok Potočnik.

Global Sustainopreneurship Association (GSA) appears to be primarily marketed in Asia as yet another way to invest in MacroCoin.

There’s a whole bunch of waffle about “causes” and “project” on the GSA website, which appears to just be smoke and mirrors for MacroCoin investment.

We are care deeply about social and environmental issues and are passionately committed to Sustainable Business With A Cause.

To consciously set out to find entrepreneurs who will create innovations to solve sustainability related problems and turn these global challenges into business opportunities.

Different name and marketing pitch, same MacroCoin Ponzi scam.

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