Fact CheckedLast Updated on September 11, 2022 by Alex
Today we will be reviewing the Bitcoin Profit SCAM (AKA BTC Profit), and try to asses how rich media agencies are violating their social contract with the public and selling them bitcoin CFD scams by using fake news articles. The Bitcoin Profit is a fraudulent trading software which claims it earns “millions from Bitcoin even when crypto markets are crashing”. Sounds tempting right? Well, as our detailed Bitcoin Profit review will show, offshore Forex and CFD brokers have sizable advertising budgets which are very much sought after by media agencies and affiliate networks. They say that money is the root of all evil, and the Bitcoin Profit scam is a perfect example of how corporate money corrupts marketing agencies. Again, we are not a group of detached individuals who don’t understand the need to compromise at times because everyone needs to make a living.
However, we are not willing to condone or accept in any way the use of fake news for promotional purposes. Originally when we started the research part of our Bitcoin Profit review, we were alerted by a colleague that complaints are running rampant and that there are various fake review sites endorsing the BTC profit scam app, software, and confirmed get-rich-quick scheme. But wait, there is more. There is a whole ecosystem of marketers who form alliances with Forex and CFD brokers. In the middle we have the affiliate networks and media agencies who act as a connecting pipeline between the affiliates and the brokers. This happens for a variety of reasons, but primarily because affiliates understand that there is strength in numbers, and don’t want to face brokers by themselves.
What does all of this mean? Well first of all as a consumer you must understand your rights, and if you are illegally solicited to join the Bitcoin Profit investment platform then it is ultimately your responsibility to report them to the authorities and we can also help out with that. So, if you are under the impression that Bitcoin Profit is a genuine trading software, we highly recommend you read our informative Bitcoin Profit review and investigation before taking that dive and risking your hard-earned money.
Official Website, Login Page, and Members Area: There Are Way Too Many Cloned Sites Claiming To Be The Official Bitcoin Profit App
Proof of SCAM and Malicious Foul Play
Below you will see the Bitcoin Profit primary sales page and registration area. You can see very easily how they are saying you can become a millionaire.
Now take a look at the testimonial section. You can very clearly see that we are talking about a Fiverr.com actor who is literally saying Bitcoin Profit will make you “stinking rich”.
And here is actual proof of scam. The Bitcoin Profit system is actually a cloned app and copied from another scam named “Crypto Soft”. This is not surprising really. We know there is a white label software solution which is handing out licenses to affiliates without really caring about what they do as long as they generate customers.
Bitcoin Profit Fake News
OK we have reached the fake news section of our Bitcoin Profit review. Below you can see an article by “Major” which is supposed to resonate or look like the Daily Mirror, but in fact this is not a real news website. This is what is we refer to as a mirror or spoofed website. This website is “here today gone tomorrow”, but they are extremely deceptive and alternate very quickly. This time we can see UK comedian Jim Davidson bragging about how he bounced back after bankruptcy.
Below we see a fake news article about how a 15 year old kid “bought his mum a new house after making millions of £ from home”. This is an example of a typical fake news type of article which is inserted into legitimate looking websites. Once you click on one of the links inside, you are redirected to the Bitcoin Profit scam.
And below we have the most disgusting part of the Bitcoin Profit scam, and that is the fake reviews. Here you have a website which is actually an accredited news site, and instead of keeping it clean they are diluting their “clean” or news-worthy content with fake reviews designed to promote fraudulent trading software. So again, you are looking at a very important part of a cycle designed to alleviate your concerns and facilitate an effective sales process.
What is The Bitcoin Profit SCAM and How Does It Work?
Bitcoin Profit is marketed as a system which allows you to “earn millions from bitcoin even when crypto markets are crashing”. That’s a nice catch phrase, however this is just the window dressing and has nothing to do with reality. What happens AFTER you signup is very simple. When you register you are assigned to an offshore Forex or CFD broker which is most likely unlicensed or regulated. From the operational aspect this is what happens, and also provides the raison d’etre or guiding principal everything revolves around. For all intents and purposes the broker is the client, he is paying the promoter a referral fee for goods delivered (that’s you), and this is the real secret but no one will tell you that anywhere.
Bitcoin Profit Review, Is BTC Profit Scam? A Detailed Analysis Of A Disturbing Trend
Bitcoin Profit (AKA BTC Profit) is one of the top viral cryptocurrency scams trending RIGHT now. Right up there with the Bitcoin Revolution and Bitcoin Trader, this fraudulent investment platform is the perfect example of everything which is wrong with the internet and Bitcoin these days. On the one side we have a snappy sales pitch full of fake testimonials and a convincing method for baiting innocent victims. On the other end we have thieving brokers thirsty for new customers who are willing to risk the little money they have in order to achieve their dreams of a better life. So no, you will not make millions and you will not turn into the next Erik Finman or Vitalik Buterin. These are the names con artists use to sell you the dream, but obviously joining this beta testing group will only worsen you financial situation.
Fees: How Much Does It Cost?
Well it’s not free at all! Brokers usually charge a minimum entry fee of at least $/£/€250, and sometimes even twice as much. But that is just the start of it because once they see you have money they will do their utmost to get you to reinvest and that is the really dangerous part. We have heard many horror stories about senior citizens losing their pension money because some crook was a able to convince them its a smart investment. So please be mindful and very alert before pulling out your credit card.
Bitcoin Profit SCAM, Celebrities Targeted
The following is a long yet partial list of celebrities used by the Bitcoin Profit SCAM for promotional purposes. The Dragons’ Den Cast, Shark Tank, Richard Branson, Elon Musk, Martin Lewis, Gordon Ramsay, James Mcavoy, Daniel Craig, Harry and Meghan, This Morning With Phil and Holly, and most recently we have found references to politicians such as Gavin Duffy and Gloria De Piero, so no one is immune to these types of scams.
Legitimate Cryptocurrency Trading
Interestingly enough trading virtual currencies online can be a profitable endeavor. In fact, Bitcon Profit is using this fact to manipulate you and get your on board. Bottom line, there is not short cut or easy way to cash in on an amazing secret which produces instant cash at the click of a mouse. Still, despite all the hype, half-truths, and lies, there are systems out there which actually analyze market trends effectively and use smart blockchain technology as well as a tested procedures in order to buy and sell orders at profitable market rates. These are the investment platforms you are really searching for, and they are hiding in plain site.
Systems That Work
Believe it or not there are systems that deliver as promised. Only they leave all the hype and fake claims at the door, and the only thing that enters is results. We test our systems rigorously and don’t leave anything to chance, so take a minute and check out our recommended section. Is there any risk involved? Of course, but in this case it’s very small and the rewards are substantial.
Bitcoin Profit Review Summary, Conclusions, and Tips That Help Save The Day
So yes, we obviously blacklisted the Bitcoin Profit scam. There’s really not much more that can be said about this fake online trading software, and the facts have been presented to you in a very clear, transparent, and factual manner. We believe in corporate responsibility and corporate awareness coupled with a transparent customer-oriented approach, but we view the Bitcoin Profit and the fraudsters at the helm of this little monstrosity as the perfect example of the exact opposite and how not to conduct your business. Should you need additional clarifications or explanations as to why we emphatically oppose this type of false advertising, please leave a message below or message us through our contact page.
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