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There is a new type of Bitcoin scam in town called Bitcoin Mine. This website is hosted at bitcoin-mine.org, and it has all the markings of a scam site. Lots of things have attracted our attention in this site, hence we felt that there was need to review it and warn investors before they can burn their wallets.
The first claim that we do no agree with is that Bitcoin Mine is getting special access to Bitcoin servers and that they are able to take advantage of that information before everyone else. They must be very lucky, don’t you think?
The site also claims that with Bitcoin Mine system, people make at least 7,598.15$ per day because the system mines Bitcoin and makes millions round the clock.
Obviously this kind of announcement is nonsensical. It’s erroneous and blatant. No one has access to the Bitcoin servers. Unless you are a magician who is really to commit evil by manipulating the flow of Bitcoin currency, we do not see how this can be possible in the real world.
Let’s go ahead and review the rest of the site.
When we landed on that site for the first time, it almost looked like they were promoting Binary Options. In fact, right now we are predicting that the popularity of Bitcoin software will go up significantly in the next couple of months.
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Bitcoin Mine system is just the beginning. What they are promising is impossible to make no matter what. As we have said before, no one can gain access to the Bitcoin servers. If it was easy to manipulate Bitcoin, people would be billionaires by now. The problem is that folks are still broke because they haven’t figured a way to manipulate this digital coin. It is not going to be possible today and in the future.
Any site that claims to have a secret of mining Bitcoin for profit is definitely a scam site. Bitcoin Mine just confessed it through their presentation.
Let’s take a look at this site in general. If you look at it, the first thing you will see is a YouTube video hosted and presented by someone who clearly pretends to be the founder of Bitcoin, Satoshi Nakamoto.
This video is dark, the presenter is barely visible, plus they are wearing a hood and dark shades to hide their eyes. The moment you watch it, the first thing that will go through your mind is the image of a secret hacker on the internet whose job is to blackmail people into parting with large sums of money in form of Bitcoin. They are synonymous with this kind of dressing, isn’t it?
Not only is this unethical, but it is also making the whole thing look suspicious. In fact, the video starts off with some writing at the bottom of the screening siting that privacy of Satoshi Nakamoto is imperative, which is why he is hiding his face in this video while he speaks to would-be investors through the clip.
The question is, why would Satoshi Nakamoto, a very successful man want to manipulate what he created back in 2009? Why would he want to manipulate it to hand over easy money to everyone who wants to make millions of dollars?
The system does not work like that. In fact, you’d not find this man hosting a presentation in a shady website like this one. It just doesn’t look real.
In fact, what they are doing here is known as impersonation. Bitcoin Mine website is committing the crime of impersonation which can attract a huge fine if they are caught.
Already they not following code of ethics for doing business on the internet. This is a red flag that warns of the fact that if you give them your Bitcoin, they will steal it instead of mining it for more profit. This, we can guarantee you.
This also raises the question of legitimacy of Bitcoin Mine website. Who owns this site? And why exactly are they hiding from visitors who come here looking for information?
You can be sure that we conducted a background search to establish who owns this site. We hit a dead end by the way. Their who.is registration doesn’t reveal these details, meaning that the owner of this site is up to no good.
We generally feel comfortable investing with sites that are honest and transparent. In this case, a stranger is asking you to deposit money in Bitcoin so they can mine more BTC on your behalf before handing over profits to you. And we are not talking of just profits. We are talking of thousands of dollars per day, which the site claims it will hand over to visitors on a daily basis.
Already we’ve lost trust on this website because nothing implies that they are genuine. There is no evidence at all that the owner of this site can be trusted.
What these guys are doing is to create fake demand for their product. In the real sense, no such investment is going on here.
There is nothing like 100% free Bitcoin mining software. You won’t get it. And of course these con artists are not ”spreading the millions” to the world. It’s a lie.
Bitcoin Mine is a very new website. It was launched just a few weeks ago. Their idea seems rather ambiguous. They claim that the reason why you should invest with them is because they know when Bitcoin is about to be bought or sold. They apparently claim that by 2020, fiat currency will be worthless. But there are currently no projections on this. World renowned economists have not said anything in relation to the value of fiat currencies in 2020.
Maybe the value of Bitcoin will rise or fall. Or maybe as times goes by, it might just turn out to be a fad altogether. There is no saying that the world will completely do away with fiat currencies in favor of cryptos in the next 4 years.
The ideas and propaganda that this scam website is spreading is definitely false and ill-advised. There is no sense at all in what they are telling the world.
And most importantly, we haven’t seen any testimonials about this service. It looks like Bitcoin Mine does not have any real users who can talk about their experience with this ”mining service”.
This is a big problem because investors generally don’t feel comfortable enough testing the waters with real money. It’s one of the most dangerous ways to handle your money.
As it currently stands, no testimonials or user reviews have been published anywhere in support of the Bitcoin mine website.
We’ve already seen that the video presentation on their website is fake. It can’t be trusted. The people behind it are equally pathetic actors. That’s why they are hiding their faces while reading a well-planned script.
Bitcoin Mine is a scam, period. There is no sugar-coating things here when the truth has already been manifested. If you want to mine Bitcoin successfully, use our recommended services in this list.
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I don’t trust anything that has to do with Bitcoin so they can’t catch me. Good on yall for exposing them though.