24bitdeposit Review: Scam with no Real Mining Abilities

24bitdeposit Review: Scam with no Real Mining Abilities

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If you landed on a website whose homepage is announcing 1% hourly returns and up to 390% in 10 hours, what would you do? Click away? We hope so. But unfortunately, there are many gullible internet users who will stick around to try and negotiate with their conscience. It is for that very purpose that we are writing this 24bitdeposit review. If you are unable to make a decision concerning 24bitdeposit, this review will help you take the right direction as far as your investment in Bitcoin mining is concerned.

When we look at 24bitdeposit, we see that it’s a lot more like regular Cryptocurrency mining scams. Their about us section is only giving us lots of nonsensical marketing fluff. The site is guaranteeing huge daily profits and not providing any proof to show that mining is taking place. With zero evidence of mining, we are led to believe that 24bitdeposit is a ponzi scheme.

Listing the address 3657 Burdett Avenue Victoria, British Columbia as their physical location, the site wants us to believe that they are based out of British Columbia. Whether this address is authentic or not is something we cannot confirm since 24 Bit Deposit is showing up on Google when that address is searched.

In addition to this, the site claims that they are providing phone support only to VIP members. The truth is that no phone support is offered. No scammer is willing to engage with you on the phone. That is why the sit’s domain is privately registered. They don’t wish to be identified.

Note: genuine mining operations can be found here.

24bitdeposit Review

There is nothing unique about this website as we have encountered several similar sites before, and they are always promising the same thing. These include 24/7 customer support, a professional team and ease of use. However, the main message here is that we can get rich quickly with this site’s offering. We cannot trust a site that claims to generate 0.81% hourly returns because those returns cannot typically be gained from mining of Bitcoin or any other altcoin.

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In fact, mining difficulty is rising by the day. Because of this, profits are always dwindling. You cannot expect to earn these profits anywhere on the internet. Therefore, 24bitdeposit is just taking its clients for a ride with false marketing gimmick that only serves to mislead.

What is more, the site claims that investors can earn 390% in 10 hours with their highest paying investment plan. In this investment plan, the crooks need a minimum of $20,000 to enroll their clients. Nobody in their sane mind can invest that kind of money on a site that looks dubious and lacks professionalism. People who can afford $20,000 are smart people, and they will never fall for a scam like 24bitdeposit.

No payout proof

The first thing to ask when you discover the returns that this site is promising is whether there is proof of mining and earning. We were interested in seeing if this site could issue us with proof of mining and also payouts.

Unfortunately, 24bitdeposit does not have that kind of proof on their site. They are not even talking of mining hardware and yet it is common sense that for you to mine Bitcoins, you should first invest in mining hardware. This site does not say anything about their mining hardware. They don’t even tell us whether or not they own data centers anywhere in the world. So definitely we believe that such a website has no mining rigs anywhere in the world. It does not look like a site with a serious background.

In the same way, we were not able to find any payout proof on the internet. If they were truly generating 390% in 10 hours, things would have been different. 24bitdeposit would have been the most profitable hedge fund in the world. It would outsmart Wall Street guys and become the world’s most popular site to invest in.

The reason why 24bitdeposit is not in the radar of any serious investor is because it is a ponzi scheme and every ponzi scheme out there is meant to collapse. The owner will close down shop when they feel that they are at risk if they continue operating the scheme.

24bitdeposit has existed for some time now. That means the owner has not decided to close it down as he is still collecting funds anonymously and cheating people of their hard earned money.

Anonymous owner

This site is anonymously owned and operated. No wonder it is claiming to mine Crypto currencies when that is not the truth at all. We have always said that investors should be wise and wary when they land on a site whose owner isn’t upfront about their details. It usually means that the owner of that site has a secret agenda, one that will result in the investor losing whole or a portion of their funds. That is the regular pattern.

On the other hand, if they are transparent, their reputation can be verified and we will be able to see what the site owner has been up to in the last few months. We generally don’t trust domains that are privately registered. Most of them will always expire in 1 year from the date of registration since scammers behind them are never looking into running those projects in the long run.

What you should always remember

Even if we wanted to trust, we would never ignore the fact that this site is mentioning mining of Crypto currencies in the passing and is not telling us anything to do with mining rigs. We presume that these equipment do not exist, which is why there is zero emphasis in this area.

We also cannot ignore the fact that nobody has ever earned 390% in 10 days out of Crypto currency mining. These numbers are completely ridiculous.

Our best advice for you

You can do yourself a favor by sparing your money. These internet crooks are looking to mislead you through a false Crypto mining website yet they know very well that this is a ponzi scheme setup. Invest with these sites instead.

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