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These scams keep ending up in our blacklist because we do not like the idea of you getting ripped off. We are sorry for this particular one called Bittrush.com. It is such a petty and ill attempt to make quick bucks by encouraging random visitors to keep donating their Bitcoins to the advantage of the site’s admin.
Will you be persuaded by crazy returns to send Bitcoins to this scam’s coffers? We see that the first plan is guaranteeing a daily ROI of 120%, and the minimum amount of investment is $10. The maximum is $5000. What Bittrush is trying to do here is to ensure that they are stealing from every visitor regardless of whether they are rich or poor. With a minimum investment of $10 only, we are sure that people will be more than willing to try and see what Bittrush can do.
While $10 doesn’t look like a lot of money, the site’s admin will always be happy because he is collecting this money from various visitors who come to this site. At the end of the day, they should be rich while you visitors keep donating and getting scammed.
The moral of this lesson – keep your money even if it’s $1. What you send to Bittrush counts a lot especially to scammers who know that the little they collect from 100 visitors is enough to sustain their criminal lifestyle.
Therefore, after thoroughly investigating Bittrush and its claims, we are here with an unbiased review to present facts about Bittrush and their alleged business activities.
Things that are most likely to attract your attention include the ridiculous investment plans and the lack of transparency where the owner of this site is anonymous and their operations aren’t so clear.
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Bittrush does not even state whether they mine or trade Cryptocurrencies. They are vague on this. In fact, the entire website only talks about their crazy investment plans and nothing else. They have made it quite clear that this business is all about referring new members to place their deposits so that older members can be paid.
That is the essence for their multi-level referral program. In fact, this is the backbone of Bittrush. Remove the MLM element of this site and Bittrush will not exist since there are no other income generating activities here.
It is quite a risky business because mathematically, MLM or ponzi schemes go nowhere. They are destined to enrich the pockets of their site admins. Once they have hit a certain threshold and are not too greedy to continue, they can initiate their collapse so that they can run away with whatever that’s left.
How exactly do we know that Bittrush is a ponzi scheme and not a reliable business model where you can earn money?
Well, just look at the investment plans below:
It is interesting to see that this platform has introduced 5 investment plans with different features. As we have already mentioned, the first plan is supposed to pay 120% in one day.
The second and third plans will pay you 140% after 2 days and 160% after 3 days respectively. You might want to ask yourself why an investor would choose these plans instead of going for quick profits in plan 1. If plan 1 gives me more profits quickly than the rest of the plans, then it does not even make sense to include the other plans. All people will go for the first plan.
Plan 4 and VIP are also ridiculous and unbelievable as investors can allegedly earn 200% in 2 days and 300% in 3 hours.
Just look at these numbers and think twice. Do you honestly believe that a legit business can produce these returns? What takes more than a year to earn is only taking Bittrush a day or two to earn. This is clearly something you do not want to believe in because it is just too good to be true. However, if you think that these numbers are real, then you probably deserve the injustice that is coming to you when you send Bitcoins to these scammers.
Before we can discuss the anonymous owner of this site, we want to mention that this site is one month only. It was registered in January 2018 by someone who wished to remain anonymous. So they definitely opted for who.is premium membership.
It’s quite sad that they are using an old school trick that no longer works. Clever investors who know the ins and outs of this industry will never waste their Bitcoins on a website whose ownership details have been kept a secret.That was a total waste of time. It is not persuading at all.
But this also tells us that Bittrush does not have any reputation or track record to prove that they have been generating the aforementioned ROI. There is no one customer who has ever confessed that they used this service and doubled their investments in one day.
So, now that the owner is anonymous, wisdom demands that you should not send money to an anonymous site owner.
Why exactly are you sending them money in the first place? Do you want to try investing in their scam investment plans which actually don’t exist? Your money will go into their pockets and will never be invested anywhere.
In fact, this platform makes it clear that they are focusing on inviting new members to deposit money so that they can use the newly acquired funds to pay existing members.
So far, Bittrush is so new that we don’t even think they have scammed anyone yet. Unfortunately, those who will not read this review will end up falling for their trap.
Definitely any rational thinking investor will see that the ROIs are too good to be true, and that this website is not participating in any valid form of business activity.
On their about us page, Bittrush claims that they are affiliated with Bittrex. That is not true since we didn’t find any link on the Bittrex website which mentions Bittrush as one of their affiliated properties.
They are simply lying on this matter because they want to build credibility. Unfortunately, they are doing it in a bad way. In fact, it is killing their reputation more than it can build it.
Finally, this website is running an illegal business because it is not licensed to conduct this business activity.
On their website, they have given us a Canadian address, yet we know very well that Canadian authorities don’t allow ponzi schemes. So there is no way they can seek licensing from anyone.
The other thing is that this address seems to be a false one as there is no proof that this business is based out of the said address.
Of course a phone contact has also been provided for purposes of speaking to their representatives. You should know that this is part of the larger scheme to try and make Bittrush look credible. The reality of the matter is that this website is operating a grand ponzi scheme. No question about it.
There are only two ways to invest in Cryptocurrencies. You can trade them or mine them with these companies. Anything outside that sphere is definitely a ponzi scheme.
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By paying for small investments, they are trying to make the system realistic. we have invested heavily and defeated us. they show you pay on the site, but these are big frauds. do not deposit any money!