Bitchain Live Scam Review: Robbers Run this Town

Bitchain Live Scam Review: Robbers Run this Town

Share This! is owned by a William D. Garner whose lies can only be viewed as pathetic. We are actually sorry for them because clearly no investor can fall for such a cheap sales pitch. Bitchain Live is actually owned by a charlatan and rogue individual who will try his best to lie and punt his shitty business venture to you.

This worthless ponzi scheme is definitely something to warn you about because its job has clearly been defined. They intent to beat the hell out of the blockchain

by stealing your coins. It’s quite simple .. every Bitcoin transaction is recorded in the blockchain and accountability is done accordingly. If you send your Bitcoins to the address that will be given to you by Bitchain Live, guess what, you will never be able to reserve that transaction again.

Let’s see some of the lies that are propagated by this scam. You definitely cannot expect to double your Bitcoins in 24 hours.

Only in the world of Bitchain Live are people promised such ridiculous returns which cannot be achieved in any shape or form.

Bitchain Live Review: The lies and the misconceptions

Bitchain Live claims that they are engaging in a number of lucrative lines of business and are also profitably managing client funds around the globe. Their operations are said to be secure and that clients can only expect stable profits out of Bitchain Live.

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Their activities are allegedly in the mining of Cryptocurrencies and trading of altcoins in a number of private and public exchanges.

Bitchain Live also claims that they have been around for many years and have successfully increased their working capital.

The website tells us that they have a history of positive growth, yet there is no record to prove this statement.

While they claim to have been around for years, the domain was only registered in January 2018, which begs the question of why this entity had not registered a website back then.

The answer to that question should be obvious. This entity did not exist until January 2018 when it was first registered. They are simply pretending to have existed for a while when we know that this is a very new website with zero reputation to talk about.

Their alleged positive growth is just a claim as it cannot be supported by any evidence. However, when asked for a track record, one of their admins will give you a PDF link which is nothing more than a document highlighting the company’s details. 

You must know by now that it is quite cheap to register a company in England these days. That is why most scams operating in a similar manner to Bitchain Live claim to be registered in England. They will always produce a document that is similar to the PDF document above. The question is, does this document say anything concerning the legitimacy of the activities of this company? Absolutely not.

Ridiculous earning claims

124% in 24 hours or 400% in 4 days are the kind of promises that you will find here. Unless you come from another planet, you must know by now that such returns are not possible to generate.

We have actually asked for proof of earning and we only got fabricated email screenshots of alleged receipts of payouts from this company.

These email receipts were clearly fabricated because they were contradicting what past users say about this company in popular investment forums.

Let’s just say that these returns are too good to be true and unattainable. Let’s not believe that investors can earn these returns. There is not a single investor who has been reported to have earned these profits through Bitchain Live.

Not licensed to operate as a trust fund

We decided to have a field day with the crooks behind Bitchain Live. We engaged them on a one on one chat demanding to know what proof they had in order to show that indeed they are a profession trust fund where people can invest and make profits.

Again, the admin could not give us a satisfactory answer. Instead, they told us that they were an independent company and that they did not see the need to seek a license from the regulators.

In other words, Bitchain Live admits that the company is illegally operating a business that is highly regulated. That is why they can’t produce a license. This is absurd.

User complaints

You can rest assured that Bitchain Live has attracted a lot of complaints from users who have been scammed through freezing of their accounts.

One user reported to have lost $900 when Bitchain Live froze their account. When the site admin was approached over this matter, they claimed that this investor did not comply with one of their rules, and so they had to ban him and still confiscate his balance.

Now, what rule did this user break? Bitchain Live operates like a fund management company. Everything is done from the side of the site adminstrator. Your job as an investor is to send them your money and leave the rest for them to handle. So how exactly did this investor break one of their rules?

Apparently, Bitchain Live is not able to give us satisfactory answer as to why they stole $900 from this user.

In other forums, we see them posting their affiliate links and urging innocent investors to join. Those posts look suspicious because they contain obvious referral links from people who claim that they doubled their investments in less than 24 hours.

Our best advice for you

Scammers are really rude people, and you will feel used if they scam you of your hard earned money and end up telling you to F* off.

We have always helped other users who came here desperately looking for an honest and safe place to invest. We definitely champion for these Cryptocurrency cloud mining companies because they truly have a track record. We have not yet heard any incidence of people getting robbed by these companies the same way Bitchain Live robs innocent victims in broad daylight.

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