BitCoin Cycler is currently in prelaunch, with the company claiming to be headquartered out of Davao City in the Philippines.

Heading up BitCoin Cycler is Todd Hirsch, who is identified as CEO of the company in its marketing material:

Hirsch (right) has a long history of releasing recruitment-driven matrix scams. His last venture was
Rocket Cash Cylcler v2
(stylised as RCCv2), which launched back in February.

Alexa statistics reveal that RCCv2 flopped, which when coupled with the recruitment requirements required to keep the scheme afloat, means that it’s likely collapsed some time ago.

Prior to RCCv2 Hirsch launched
Rocket Cash Cycler
 in mid 2013 as a silent owner. Also recruitment dependent, RCCv2 launched when RCCv1 began to collapse.

Rocket Cash Cycler itself was a reboot of Hirsch’s prior matrix scheme,
Cloud 2×2
.

Going back even further, Hirsch was then involved in the Ponzi schemes
Zeek Rewards
and
Bidify
. I’ve previously covered Hirsch’s earlier MLM history in BehindMLM’s cloud2x2 review:

Todd Hirsch was a member of the recently stopped $600 million Ponzi scheme Zeek Rewards and is also a self-described “top earner” member of Bidify.

Hirsch currently claims to be the “#4 top earning” affiliate in Bidify.

Bidify, a penny auction (Bidsson) attached to an MLM business opportunity had a similar Ponzi points compensation plan to Zeek, which was immediately changed following SEC action against Zeek Rewards.

Hirsch recently claimed in a video that he was involved in promoting Zeek Rewards and recruiting new investors knowing full well it was a Ponzi scheme.

Hirsch also recently claimed on Troy Dooly’s MLMHelpdesk that he is a member of the suspected Ponzi investment scheme, ‘Banners Broker’.

Describing himself as a “program jumper” on his blog, Hirsch claims he’s ‘
in about seven different programs at this time and (that he’s) joined and been apart of maybe over 50+ programs since (he) started in online marketing in early 2010.
‘

Mike Lavoie, named as the CEO of Skycoinlabs in BitCoin Cycler marketing materials is a longtime partner of Hirsch’s. In their marketing efforts, Cloud 2×2 affiliates named Lavoie as co-founder of the scheme with Hirsch.

Only a few months ago, Lavoie (right) launched GoldAdMatrix. Similar to Hirsch’s matrix scams, Lavoie’s
GoldAdMatrix
had affiliates buy-in for between $2 to $567 and required constant recruitment to maintain commission payouts.

Alexa reveals some activity in Italy, but otherwise shortly after launch GoldAdMatrix appears to have flopped.

The mention of Sky Coin Labs in BitCoin Cycler’s marketing materials is interesting, as Lavoie (“frenchy36”) was seen promoting the scheme back in April:

Further research into Sky Coin Lab revealed it ‘
accepts investments from affiliates on the promise of ROIs paid out via BitCoin
‘ (taken from our GoldAdMatrix review).

What is a BitCoin Ponzi scheme doing partnering up with BitCoin Cycler?

Read on for a full review of the BitCoin Cycler M

🤖 Quick Answer

What is BitCoin Cycler and who operates it?
BitCoin Cycler is a prelaunch cryptocurrency scheme allegedly headquartered in Davao City, Philippines, operated by Todd Hirsch as CEO. The platform claims to offer bitcoin-related services but operates as a recruitment-driven matrix structure requiring continuous participant enrollment to sustain operations and generate returns.

What is Todd Hirsch's background in cryptocurrency ventures?
Todd Hirsch has an established history launching recruitment-dependent schemes including Rocket Cash Cycler, Rocket Cash Cycler v2, and subsequently BitCoin Cycler. His previous ventures exhibited typical pyramid structure characteristics, with each new platform launching as predecessors collapsed due to unsustainable recruitment requirements and market saturation.

What happened to Hirsch's previous cryptocurrency projects?
Rocket Cash Cycler v2 experienced significant traffic decline according to Alexa analytics

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