A second sign that Bitcoin Trader is a scam is the images in the testimonials. They are stock images and are used across the internet on other websites promoting other websites. Prove this to yourself by right-clicking the image and select “Search Google for this Image.” Bitcoin Trader claims their software has a % accuracy. Apr 15, · The Bitcoin Trader is just one of those many scams which we have exposed for you. Read this Bitcoin Trader review to know why it is a scam. The testimonials of people who allegedly are the users of the software are all fake. They are not the real users of the software. They are not even traders.1/5. Aug 04, · Bitcoin Trader is an automatic trading software created by Gary Roberts in that claims to automatically buy bitcoin and sell it for a profit by 4/5.
Fake bitcoin traderPay Attention to These 7 Bitcoin Scams - TheStreet
I lost my job due to Covid19, and decided to invest the little savings I had into cryptocurrency. Unfortunately for me, I invested with a fraudulent company.
I watched as my initial investment grew within the first few weeks, and I was really happy. But when I tried to withdraw money from my account, my withdrawal request was not approved. This was when I suspected something was wrong. I tried contacting their customer support but they were unresponsive.
I was sad and helpless, so I decided to check online. I was lucky to find orbitresolve. Please be aware we are not related to this website and it is scam to take your money. With fake reviews. My review is real, and so is the money this company ripped off me.
I lost an incredible amount of money to this company, It all started from me filling the guest form a phone call, Like other reviewers, I was swamped with phone calls and emails encouraging me to trade and they are good talker and after some persuasion I decided to invest, after months of constant investment I decided to ask for a payout this was the beginning of my turmoil, to my dismay I was still asked to invest more.
Being a Single father this really affected me and despite all efforts to contact them failed. I was introduced to financialreliance. Bitcoin Trader sell personal info to other trading platform. Got an call from Trading Option after I rejected the former. The management to manage and monitor their agents closely and prevent this from happening.
I was told by Trading Option that I just registers 2 minutes ago when I was already in bed with my daughter for the past 30 mins. Having registered to have a look at the fuss about itx I have continued to be harassed from the first minute of registering. I have complained about the multiple day calls by different people and they do not listen. Harassment and I'm going to report them to the FCA. This is absolute madness. The Bitcoin company in the first place is a blatant scam, and then there are loads of reviews on here recommending more scam companies to get peoples money back!
Fortunately I'm not stupid enough to have lost any money to any of these people, but it comes to something when whole website are being set up to scam people who are already victims of a different scam saying they can get your money back! Absolute madness! I gave them my number trough the website and every single day, many times a day i get called up by some hindu guy calling himself my saviour.
Every time i tell him i do not want to speak and hang up. As soon as I get a call I hang up and block the number only to get another 1 mins later from a different number they call very late at night early in the morning even on a sun.
I would change my number but it is a work number so not a good idea. If I was an elderly person or a vulnerable one it would cause so much distress. Shame on this company.
I told everyone over a year ago, this was a Ponzi scam company. These criminals are Blue Trading reincarnated after they stole millions of the gullible sheeple. I will say it again. These are scammers. How much more evidence do you need. Google scam adviser. Stop being gullible losers. They are not worth anything. Instead Www. Stay clear, or you will lose money as I have.
This app is just an opportunity for scammers to latch onto you and suck your money away. Among other things, the site fraudulently claimed that the coin was being actively traded on several platforms, and even mislead investors by claiming it was also partnered with MasterCard, according to the CFTC case.
Still other scammers have used ICO's - initial coin offerings - to dupe users out of their money. Along with the rise in blockchain-backed companies, fake ICOs became popular as a way to back these new companies. However, given the unregulated nature of bitcoin itself, the door has been wide open for fraud. Most ICO frauds have taken place through getting investors to invest in or through fake ICO websites using faulty wallets, or by posing as real cryptocurrency-based companies.
The company was sued for misleading investors and lying about products, among other fraudulent activities. The U. The website allegedly used links on a legitimate website Bitcoin Gold to get investors to share their private keys or seeds with the scam, as this old screenshot from the website shows. Bitcoin Gold, the site's wallet used in the scam, began investigating shortly after, but the site remains controversial. Still, firm released a warning to bitcoin investors.
Following this basic rule of private key management greatly reduces your risk of theft. While this type of scam is certainly not relegated to just bitcoin thank you for the education, "The Wolf of Wall Street" , a pump-and-dump scam is especially dangerous in the internet space.
The basic idea is that investors hype up or "pump up" a certain bitcoin - that is usually an alternative coin that is very cheap but high risk - via investor's websites, blogs, or even Reddit, according to The Daily Dot. Bittrex, a popular bitcoin exchange site, released a set of guidelines to avoid bitcoin pump-and-dump scams. While "stackin' penny stocks" may sound like an appealing way to earn an extra buck thanks to its glamorization by Jordan Belfort , messing in bitcoin scams is nothing to smirk at.
With the inevitable rise of bitcoin in current and coming years, it is becoming increasingly important to understand and be on the lookout for bitcoin scams that could cost you thousands. As more people become interested in Bitcoin, more people are also likely to try and pull off a scam. There is no one formula to avoiding being scammed , but reading up on the latest bitcoin red flags, keeping information private, and double checking sources before investing in anything are good standard procedures that may help save you from being duped.
Cryptocurrency can be a confusing topic even for the experienced Bitcoin enthusiast, so the more you read up on the world of Bitcoin, the more prepared you can be. After all, knowledge is power. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. I agree to TheMaven's Terms and Policy. What Is a Bitcoin Scam? Top 7 Bitcoin Scams There have been and undoubtedly will be nearly countless bitcoin scams, but these frauds make the list of the top 7 worst bitcoin scams to date.
Malware Scams Malware has long been the hallmark of many online scams. Fake Bitcoin Exchanges - BitKRX Surely one of the easiest ways to scam investors is to pose as an affiliate branch of a respectable and legitimate organization. Ponzi Scheme - MiningMax "Ponzi bitcoin scam" has got to be the worst combination of words imaginable for financial gurus. Fake Bitcoin Scam - My Big Coin A classic but no less dubious scam involving bitcoin and cryptocurrency is simply, well, fake currency.
The famous DJ wrote his support in a caption on Instagram back in Bitcoin Gold Scam - mybtgwallet. That is exactly what mybtgwallet. Pump and Dump Scam While this type of scam is certainly not relegated to just bitcoin thank you for the education, "The Wolf of Wall Street" , a pump-and-dump scam is especially dangerous in the internet space.
How to Avoid Bitcoin Scams With the inevitable rise of bitcoin in current and coming years, it is becoming increasingly important to understand and be on the lookout for bitcoin scams that could cost you thousands. By Rob Lenihan. By Fatma Khaled. By Joseph Woelfel. By Eric Jhonsa.