Simple BTC Bot Review Scam Bitcoin Trading Software Exposed!

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Contents

BTC Robot Review – is it a scam ? Real results from bitcointalk users…

BTC Robot Review Summary

Pros: Easy to setup, lots of tutorials, support available.

Cons: Doesn’t seem to act as described at all. Didn’t manage to get it to work on the Silver Plan.

Conclusion: No, BTC Robot is not a scam, but I believe that it’s not as accurate as described on the BTC Robot sales page. Personally, I didn’t manage to make a profit out of it but I’ve used it for 2 weeks only. The good thing is that the 60 day money back guarantee makes it a no brainer for someone who wants to try it out any way and decide for himself.

99 Bitcoins’ rating [usr=5.5]

For more information about BTC Robot.

Full BTC Robot Review

Let me start right off the bat here by saying this is not another “look how great my profits are with BTC Robot”. This review aims to bring real live research to conclude once and for all if purchasing BTC Robot is worth your money or not. I’ve been into Bitcoin for almost a year now and just recently got my hand on BTC Robot and this was only after some INTENSIVE market research. My guess is that if you’re on this page you probably are looking into researching it as well, so hopefully I can save you some time.

This review is not based on my personal experience only

Instead of just trading with BTC Robot and then giving you my personal opinion alone I integrated into this review as many online BTC robot reviews I could find online. I picked out the best ones (usually from Bitcointalk.org) and the worst ones (usually for people who are trying to make a quick profit) and brought them together. I will not talk about how to use BTC robot in the review since it’s pretty simple and there’s a complete step by step guide once you purchase it.

Searching for “BTC Robot reviews” on Google bring almost 92% are biased reviews…

So after going through the first 4 pages on Google for the term “BTC Robot Reivews” I managed to find only 3 reviews that were worth commenting about, the rest of the reviews were plain biased.

Jonathan shows real live proof that you can gain (and lose) with an honest BTC Robot review

I managed to go for almost 12 different reviews before deciding to purchase BTC robot. The first review I came across which was probably the most helpful was of a site called “Bitcoin World Wide” which was kind of suspicious looking since it seems to only be promoting BTC Robot. Nevertheless after reading the Jonathan’s review carefully I saw that he was actually updating his stats each month including loss (which is something that biased reviews rarely do). So up until November 2020 his account was at a positive ROI of %26.75 but because of the big drop in Bitcoin price in December he ended 2020 with a negative ROI of %61.23. My guess is that he was using the aggressive mode which cause him these loses. Here is his recap for December.

Michael Summer shows a real live screen capture of making profit

After screening some more excessively biased BTC Robot reviews I came across a Vimeo video of a guy named Michael Summers. Now this video is clearly narrated, but nevertheless he shows making actual profits off BTC Robot of around $386.18. After further investigation I saw that the video was uploaded on January 2020 but it was filmed on July 2020….make you wonder how legit it is after all.

The first major website to review BTC Robot says it’s a scam

After some more digging in, I came across an article from “The Verge”. To make a long story short the author of the post on The Verge claims the BTC Robot is just another scam in the world of making money online. Although he seems to be very determined about it, he did not bring one piece of evidence supporting his claims. On the comments that were posted to this article the BTC Robot team answered each and every reader who expressed the smallest of concerns which plays in their favour. If someone is trying to scam you, they usually won’t have such great customer service.

What Bitcointalk’s forum has to say about BTC Robot

For those of you not aware of it, Bitcointalk is the biggest Bitcoin forum online today, and it doesn’t take scams lightly. Users who are considered scammers are marked clearly and are usually booted out of the forum, here are some examples not related to BTC Robot:

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I found 3 different posts relating to BTC Robot reviews. The first was of a a staff member of Bitcointalk. He actually created a total profit of $52.15 through the time he was trading but was losing Bitcions. He was kind of iritated by this although the BTC Robot representative who replied on that post clarified that profits are based on USD and not BTC, meaning if you want to earn USD use BTC robot. If you’re aiming to earn Bitcoins then perhaps there’s a better way.

The second thread of BTC Robot review on Bitcointalk I read heated up pretty quickly and got over 400 posts! I went over most of them (you can’t actually read 400 posts). Going through the posts I encountered another video that seemed to be legit and shows profits.

There was A LOT of back and forth in these forums. Mostly people accusing it of scam but without actual proof. The BTC Robot team seemed to defend themselves fiercely against any accusations. A few member finally came up with some actual trading data showing that they lost money when using the robot and some complained about bad customer service. Towards the end the forum get really aggressive, lowers the BTC Robot’s team trust score and calls out the program to be unsuccessful.

Finally I tried finding the latest BTC Robot review, since maybe something has changed during the time the program has been running. It seems that not much has changed although one reviewer said he had a hard time getting his money back because he bought the program with Bitcoins.

Last but not least, my own experience with BTC Robot

So after reading so much stuff online I didn’t have a very good feeling about BTC Robot, but there was still no outright proof that it was a scam. Also, they promise a 60 day money back guarantee so I figured I can purchase it, play with it a little and if I think it’s crap just get refunded. The purchasing process went pretty smooth, just go to the BTC Robot website, select your plan (I chose the Silver one) and then get redirected to ClickBetter for payment.

Note: ClickBetter is the payment processor for BTC Robot, so if you want to get refunded or have problems during your purchase you need to approach them. A word of wisdom, don’t fall into all of the up-sell crap they try to pitch you after you buy the robot, it’s just cheap marketing tactics.

I got my API keys from BTC-E. You do this by just going to your profile, choosing API Keys and then creating a new key. You can name it whatever you like but then you need to give it “info” and “trade” permissions.

I funded my BTC-E account with $100 which was the most I was willing to lose on this test. I set the robot to “medium” trade settings and waited to see what happens, unfortunately nothing did. The program wasn’t able to fetch my BTC-E information and therefor wasn’t trading. I sent an email to BTC Robot’s support and got answer the next day with some instructions. I then decided to take things up a notch and actually upgraded to the “Gold Plan”. The reason being that I have a 60 day money back guarantee so there is no risk.

After signing up to the Gold plan the Bot actually started trading. I decided to leave it for the next few days and see what happens. This is my account on the first day of trading:

Unfortunately enough, I didn’t manage to make a profit even after several days of trading. It was time to test out the last thing left…the 60 day money-back guarantee. I sent a refund request to ClickBetter and waiting to see if this will work as advertised. It did, and in 3 days I got my full refund for both programs.

The conclusion – is BTC Robot a scam ?

No, BTC Robot is not a scam, but I believe that it’s not as accurate as described on the BTC Robot sales page. Personally, I didn’t manage to make a profit out of it but I’ve used it for 2 weeks only. The good thing is that the 60 day money back guarantee makes it a no brainer for someone who wants to try it out any way and decide for himself. If you would like to share your experience with BTC Robot just post your comment and rate this product below.

Bitcoin Trader Review: Is it a scam or legit?

Trading software is a dime a dozen. If you’ve been trading for a while, not only do you know this, but you’ve probably have heard of Bitcoin Trader. The market for it makes sense.

Serious traders are generally open to trading quite a few things, so it’s only natural that they’d trade their bitcoin – should they have any.

How do these platforms work?

This platform isn’t difficult to use, as it uses a trading robot to handle all of the manual exchanges. Having to do everything yourself can be a bit laborious, so having an option to take care of the necessary legwork is generally viewed as favorable, allowing the user to focus more on making big profits buying and selling their bitcoin.

The software is designed for people to easily make great money through trading bitcoin when it was created in 2020. Gary Roberts, Bitcoin Trader’s creator, has overseen his project to become the top in trading by the US Trading Association. Most of this is due to the fact that some users see about thirteen-hundred dollars in daily profit.

Let’s face it; there are still more than a few people who aren’t sure of bitcoin – much less trading it! It’s still relatively new, it’s too volatile for some, and its unregulated nature can turn people off. It’s for this reason why we’ve taken it upon ourselves to explain some of the drawbacks and benefits of using Bitcoin trader.

With this review, we’ll lay out everything that we can to help you make an informed decision.

Let’s get into it!

Bitcoin Trader a Scam or Trustworthy?

First, it’s definitely not a scam as we made about two-hundred dollars with the platform. It also doesn’t have a scammy application process.

Like with all trading robots, you should always be a little weary. We are, too. If you don’t really have the actual agency to do your own trades, it’s expected to be a little suspicious, as you don’t know whether these robots will genuinely work in your favor. It’s essentially blind trust.

We’ve always had this point of view, and while we were doing more research, we found that virtually everyone holds a similar opinion. You probably shouldn’t trust automatic trading software. This is due to them being new to the scene, though we don’t always think that something that’s new is inherently bad.

If you trade at Bitcoin Trader, the market news reports that you can get a return of around 88 percent. While this doesn’t really change our feelings about trading bots, especially those that don’t ask for a security code, but we can vouch for the software.

It works well and operates all above board. If you use decent trading strategies, you can make some decent hay with just the normal amount of risk commonly associated with trading.

We tested just about everything here. we filled out the registration form, the verification process, invested a great amount of time in dealing with the robots, as well as the bitcoin wallet and the trading platform.

Since there’s no option for manual trading, you’re basically left up to the judgment of the bots to handle it for you. Once you sign up, you’re almost done with everything that you have to do. It conducts all of the calculations, ultimately in an attempt to find the deal that will make you the most money through leveraging statistics. After the trade goes through, the profit goes into your account. Done deal.

So, are you intrigued? We thought you would be.

However, like any kind of trading – make sure that you understand all of the associated risks. It’s not a perfect system. Even if most of the transactions end up being profitable, something could still go wrong. So, even if the risks are smaller, they do exist and you should be aware.

Like we said earlier, it doesn’t really take you a lot to get in and start trading. Here, all you have to do is register, drop a deposit, and manage your preferences. These settings should be set every day. Fortunately, it only takes a few minutes to do. After that, you’ll also have to set the auto-trading up. But after that, you only really have to worry about the daily settings and try to stay profitable.

We really like that the software performs admirably as an investor. These robots are pretty well programmed, as they take in statistics, trading signals, and market conditions without you having to lift a finger.

If you’re going to do your own trades, you understand that it will carry a bit more risk. You have to do your own data analysis, market research and more. It’s just easier to have a robot handle all of this for you. It’s true that it’s easier to rely on bots these days than it was before. AI has come a very long way in just the past few years. As such, it makes more sense to rely on robots more than we did a few years ago.

Bitcoin Trader Features:

Registration: Bitcoin Trader doesn’t make you jump through a lot of hoops when you’re signing up. You can do it in just a few minutes. You also don’t need bank statements or to provide an ID. All you need is a deposit method and barebones account info and you’re all set.

Deposits and Withdrawal:

You’re going to have to deposit at least two-hundred and fifty dollars to get in. Transferring is a breeze as you only have to put in the absolute required details. The withdrawal only takes about 24 or less. Bitcoins themselves only take as long as ten days. Just be sure that you have all of your information correct.

Other robots normally charge some fees – whether upfront or hidden. You don’t have to worry about either here.

Customer Support:

We like the interface, so most people don’t report any problems. If you do, you can access customer support through either email or chat.

Customer Trust:

Auto trading platforms always come under fire especially when cryptocurrency is involved. You’re generally going to see many experts in the field who may doubt whether or not it’s worthwhile. Bitcoin Trader is unlike many other platforms. The transactions are rapid, there’s live support, plenty of customization options, and a bevy of great reviews.

Bitcoin Trader Unique Features:

Customization:

There’s no one-size-fits-all approach to trading here. These settings give you a lot of flexibility to make some good money. If you have any problems setting anything up, the customer support team will step in and guide you.

Demo Mode:

We like demo trading because it allows you to get acquainted with the software before you risk any money. Once you’re comfortable enough in the process, you can put in your own money and actually start trading bitcoin.

Trade Quickly:

With the robots doing a lot of the work, you stand to trade faster. After all, you don’t really have to do your own research here. While you don’t have to stare at the screen constantly, you do have to make sure the settings are correct if you don’t want to lose money.

How do I Open A Bit Trader Account?

Since now you’re abreast of essentially how the process works, you may actually be ready to trade! You can click the following link here to get started!

Once you click on the link, you’ll want to look for ‘register’. It’s an easy and free process. Be sure that you’re not using any strange link that requires payment when you’re signing up. It’ll more than likely be a scam, as the company itself doesn’t require any money to get started. In any event, you’ll have to provide a username, password, and any contact details.

Once you’re all signed up, you’ll have to deposit the trading free, which is two-hundred and fifty dollars via credit card. This investment is meager and should ensure that you make some decent money. As far as security, you won’t have to worry about thievery through their secure payment gateway.

How to Start Trading

Even if you’re super confident in your ability to trade, we suggest you start off with the demo mode. It gets you acquainted with all of the features, settings, and flow of the interface. You’ll stand to learn a lot. We also suggest that you run out all of the money in the demo account before you start trading your own.

This is where you will learn how to feel confident in the system. We suggest you start with small amounts and ramp-up. You’ll learn how to change the settings, such as taking profit, maximum trading, and taking a profit. All of these things can be tailored to fit your trading style.

Options in Extra Help

If you need extra help, you’ve picked a decent program. You have live chatting and emailing as a means to get additional help. You can consult them at any time.

Mobile Bitcoin Trading

If you want to use Bitcoin Trader, all you need is an internet connection and a functioning browser. At current, Bitcoin Trader doesn’t have an app, so you’re going to see some of the functionality dips if you’re not using a desktop.

While we know that you’re excited, we think it’s only fair for us to both outline the pros and the cons of Bitcoin Trader.

Pros for Bitcoin Trader:

– You can sign up in mere minutes

– More customization options than most would ever need

– Fun and easy to use interface

– Very engaging demo trading

– Relatively easy to make a profit

Cons for Bitcoin Trader:

– No app currently available for iOS or Android

– No inherent Bitcoin Trader use for US citizens, you’ll have to use a brokering service

Anything else to know about Bitcoin trader?

Yes, we have some assorted notes for people who are genuinely interested in Bitcoin Trader!

We understand that this takes a lot of risk out of trading, we still don’t believe that you should put all of your eggs in one basket. We suggest that you only use small amounts per trade. The bots do a very good job, but markets aren’t always predictable, so you should always mitigate risk as much as possible. The risk will always be present in trading.

As we said before, there isn’t an app available for either Apple or Android. So, if you have a browser that’s known to act up a bit, you may want to stick to desktop or something a little more reliable. This isn’t just relegated to Bitcoin Trader, but all trading platforms without a dedicated application.

It’s easy to not be overly impressed by a review! We thought we did a good job, but, we get it! In the event that you’re not interested in trading bitcoin or automated trading. If that’s you, we have another idea!

Another method is CFD broker. It stands for contact for the difference. It allows you to consider rising and falling trends in bitcoin and determine which would be correct. This allows the freedom in trading in whichever margins that you prefer by working the difference. You’re not going to find that in any automated software.

Also, through the financial conduct authority, you don’t have to worry about whether the money is protected. Most CFDs are protected by this.

This makes it a decent choice for those who aren’t interested in letting the robots do all of the work for you. At least, this is assuredly the case in our opinion.

Is Bitcoin Trader represented on Facebook and TV?

If you’ve seen any ads for Bitcoin trader on Facebook or TV, you’re probably looking at a scam product or service. There is no shortage of ads that advertise Bitcoin Trader, but none of them are correct. Bitcoin Trader has never been on TV or received any celebrity endorsement.

Dragon’s Den and Shark Tank

If you’re searching for Bitcoin Trader on your favorite search engine, you’re bound to see either Dragon’s Den or Shark Tank being affiliated with them. This is common, but there has never been a collaboration between Bitcoin trader or two of these top TV shows. At current, there is no plan for them to be linked together, so please do not believe any of these dubious claims.

Bitcoin Trader and Celebrity Endorsement

You won’t be hardpressed to find crypto trading bots and celebrities out there. Bitcoin Loophole is a very common example of this. This is a marketing tactic generally used by those who are trying to gain traction by scammy outfits. While we can’t outrightly say that a particular program is scammy and another is not, Bitcoin Trader has no celebrity endorsement.

An example of this would be Peter Jones, Elon Musk, and Gordon Ramsay. It has been reported that Peter Jones bought twenty percent shares in Bitcoin Trader. Something similar has been said about Elon Musk, so much in fact that he was stepping down from Tesla to become more involved in automated trading systems.

Gordon Ramsay has also been linked to Bitcoin Trader. Neither the restauranteur nor the Tesla head-man has been ever involved in Bitcoin Trader.

Quick Bitcoin Trader FAQ:

Q: What is Bitcoin Trader?

A: Bitcoin Trader is a crypto trading platform where robots trade for you as opposed to human input.

Q: Does it work? How much can I earn?

A: It works. Users have claimed that they can make over 1,000 dollars per day.

Q: Is Bitcoin Trader safe to use?

A: While we found that the software is very secure, there are always risks. As such, we don’t think that you should ever keep high amounts of money in your account.

Q: Do I need a crypto wallet if I want to trade?

A: Not at this time. All you need is to deposit your money through your credit card and begin trading.

In Summary

We can say that we can recommend this particular automated trading system for both buying and selling bitcoin. We can doubly recommend this for people who haven’t traded bitcoin – or any other cryptocurrency – before. We feel this way because you have a demo account. You won’t have to really know all that much about trading to see a profit.

From visiting the website to trading real money, every step seems to be a cinch. You also don’t have to wait forever and a day for your money.

Again, we very much suggest that you don’t spend a lot of money on a daily basis. That’s in addition to keeping your total account profile low, mitigating risk every step of the way. Anything else and you’re potentially setting yourself up for some degree of failure.

In short, if you’re looking for a great way to trade and make some decent money, you should give Bitcoin Trader a try. If you follow our advice, you should be pleased with the results!

BTC Pro Miner Review : Scam BitMiner/BTC Miner Life Exposed

Are you a Bitcoin miner looking for a genuine BTC Pro Miner review? Well then, we caution you to stay away from BitMiner. First and foremost, it’s a scam. Even with the funny mining animation on its homepage that is supposed to depict BTC Pro Miner website as a genuine cloud mining platform, it’s still a cryptocurrency scam.

What is BTC Pro Miner?

The BTC Pro Miner Company advertises itself as the ultimate cloud mining web platform. It has taken a step further to try and convince cryptocurrency miners that it is the “industry leading Bitcoin mining pool.” The scammers behind BTC Pro Miner Review crypto software claim that BTC Pro Miner mining power is backed by physical miners.

Well, you will be disappointed to know that all the above is untrue. The BTC Pro Miner Company does not use any latest algorithms when it comes to the mining of Bitcoin. It also does not have access to data centers spread around the globe. This lie was lifted off genuine cloud mining websites which have invested heavily to locate their data centers in Iceland and other countries thanks to the availability of cheap electricity.

BTC Pro Miner Review : BitMiner Scam Exposed With Proofs !!

You probably are wondering what evidence we have gathered so as to come up with such a conclusion.

Well, keep reading!

What are the BTC Pro Miner Versions /Offerings?

Being an avid cryptocurrency miner myself, when I came across the BTC Pro Miner review website, I was quite astonished. What genuine cloud mining company is ready to give you free money just for signing up? In a world where Bitcoin (current price $6,764.50) is a very valuable cryptocurrency, no one in their right mind will give away free Bitcoins to new users.

This is just a stupid business model. Think about it. All one has to do is open new accounts with different email addresses and their digital wallet address will be credited with free cryptocurrency – 40 Satoshi or 0.0006 BTC on a daily basis. If more than 1,000 users were to repeat the above scheme within a few hours, the company would be no more.

More on BIT Miner Pro Versions

Apart from BTC Pro Miner v1.0 which is free, BTC Pro Miner scam is providing the following offerings too.

BTC Pro Miner V1.2

BTC Pro Miner exchange advertises that you will “enjoy” an earning rate of 0.00001 BTC per min and 0.015 BTC a day when you sign up with V 1.2. You will also “earn” an affiliate bonus of 30% as claimed by the scammers behind BTC Pro Miner scam. To get started, the scammers want you to part with 0.0567 BTC.

BTC Pro Miner V1.3

As an upgrade from V1.2, it has an advertised earning rate of 0.00003 BTC/minute and 0.05 BTC a day. You will also “earn” an affiliate bonus of 40%. To enjoy these earning rates, the scammers expect you to buy this BTC Pro Miner version for 0.175 BTC.

BTC Pro Miner V1.4

V 1.4 has an earning rate of 0.00007 BTC per minute and 0.1 BTC a day. Users have the chance of “earning” an affiliate bonus of 50% if your friends sign up and upgrade. To get started with V 1.4, BTC Pro Miner scammers want you to pay 0.5 BTC.

BTC Pro Miner V1.5

This is their premium package which is also what the scammers behind BTC Pro Miner scam are recommending. The earning rate is 0.0002 BTC per minute and 0.24 BTC a day. To get started, the scammers want you to spend 0.9 BTC.

About BTC Pro Miner Company : BIT Miner Scam Alert !

There is really not much to say about the BTC Pro Miner review exchange because its website lacks an about us page. To find out more about BTC Pro Miner scam, our researchers used a few tricks to acquire the following information. The company CEO is a guy called Giacomo Bugini who is seen pictured on BTC Pro Miner website (check the contact page). It is registered as BTC Pro Miner Cloud EU Ltd with the following company number – 09951039.

The scammers have taken a step further to claim that the company is located in London, England at the following address: 20-22 Wenlock Road. A quick check on the address revealed the location to be that of a virtual office provider.

This raised a few more questions. Is Giacomo Bugini a real CEO? Is it even his right name? What other investments has the fake CEO invested in? A quick search on the internet revealed that the same name has been used in multiple cryptocurrency scams. All those companies are now defunct after it was revealed that they are just scams masquerading as genuine investment platforms.

BTC Pro Miner Payouts?? Are The Payments All Genuine ?

Here is what you need to know. There are no genuine BTC Pro Miner payouts. The platform itself is a scam, so don’t expect to be paid anything. BTC Pro Miner scammers claim that the minimum withdrawal amount is 0.0035 BTC which is a lie. Once you sign up to BTC Pro Miner, you will not earn anything.

BTC Pro Miner. Life Does it really pay?

Nope, it does not. As said earlier, BTC Pro Miner.Life is a scam. Its offerings are non existence. The BTC MIner Pro platform is a front for scammers who want to steal your BTCs now that the cryptocurrency is very valuable. As you probably know, once you transact with cryptocurrencies, the transaction cannot be reversed and this is what the scammers are counting on. Once you sign up with any of their BTC Pro Miner plans, your BTCs will be lost forever.

About BTC Pro Miner Life withdrawals & Complaints

As said earlier, I am an avid cryptocurrency expert who has dabbled in cryptocurrency since 2020. To learn more about the latest news on cryptocurrencies, I have come to rely on bitcointalk.org. As a genuine active forum, it allows industry experts to share information about Bitcoin. When I came across BTC Pro Miner contests, I had to consult with fellow experts because it seemed too good to be true.

I came across several forum members who had reviewed BTC Pro Miner withdrawals and none got paid. Actually, the scammers are forcing you to upgrade in order to enjoy instant payout or wait 30 days for manual processing. Really!! To tell you the truth, there are more complaints on blogs and forums about BTC Pro Miner not being a genuine mining pool which confirms that it’s a scam.

Why BTC Pro Miner Is SCAM – Fake Reviews And Testimonials!

Fake reviews and testimonials are a common feature on a vast majority of online scams. With BTC Pro Miner website, it’s different. There are no testimonials on its website nor are there paid fake reviews online that highlight the scam as a true Bitcoin mining pool. This does not mean that BTC Pro Miner scam is not real. As highlighted earlier, BTC Pro Miner Life is a fake cloud mining provider that is run by scammers looking to steal your hard earned investment – Bitcoin.

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Conclusion : Avoid BTC Miner Pro At All Costs!

By now, you have read our BTC Pro Miner review and you probably arrived at the same conclusion as we – BTC Pro Miner website is a fraudulent platform that is out to steal your Bitcoins. Its offerings are all fake as you will not earn the advertised amount. Instead, you will spend your hard earned Bitcoin to open an account or upgrade from one account to another which will end up in the scammers’ digital wallets.

Is BTC Pro Miner a scam? We can strongly say that BTC Pro Miner ROI is a scam run by scammers like Giacomo Bugini and others.

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