!!! scam scam scam !!!
- http://investbitcoinguide.com/scam-alert-the-bitclub-network/
- http://behindmlm.com/companies/bitclub-network-review-zeek-ponzi-veterans-at-it-again/
- https://bitcointalk.org/index.php?topic=1152263.0
Run before it's too late! Although it probably already is: https://www.hklaw.com/publications/Ponzi-Schemes-and-Clawbacks-Investors-Pay-Twice-for-the-Crimes-of-Others-07-01-2009/
I have heard it all but have found nothing to prove it otherwise. It is an MLM you are right. That is why I did not join.
it's not a (harmless) MLM (if there is such a thing) if things don't add up! it's a straight ponzi.
It was a scam!
just fyi, and as a differentiation, i wouldn't (and haven't) categorize steemit as a ponzi, just as a you-have-to-know-what-you're-doing-if-you-invest-money-or-a-significant-amount-of-time thing.