Menu

Bitz Free Review: Another Bitcoin Scam with a different Idea

× Alert!
  • - Can't withdraw your funds from this fraudulent company or broker?
  • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
  • - Or is there an excessive delay in processing your withdrawal?
  • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:


Fill out the form below to recover your lost funds from this scam company


Bitz Free Review: Another Bitcoin Scam with a different Idea

In this review, we’ve zeroed down on a website whose domain can be found at bitzfree.com. Bitz Free claims to offer free Bitcoin cloud mining to its users, yet we know that there is nothing in the world lie ”free Bitcoin mining”. The cost of mining is rising while prices are dropping. It is for this reason that we are encouraging trading of Bitcoin because it’s the most lucrative option of all. You will make profits regardless of whether prices is rising or falling.

After going through Bitz website, we did not find anything substantial that could persuade us to try them. The site has even integrated a coin known as BTG. BTG is a worthless altcoin which the site is selling for $32 per coin. The mining process is actually very weird as Bitz has introduced what they call a Bitcoin cloud mining simulator. In this setup, Bitcoin fans can choose their strategy and even hack Bitcoins belonging to other users. The site is claiming to be the revolution against the capitalists in the financial system.

The site is also claiming that making Bitcoins with them does not necessary require any form of investment as you can start mining with 20 GH/s for free. If this site gives free 20 Gh/s of hashing power for free to 1000 users, who will meet the cost?

On top of that, Bitz free is claiming that they are giving bonuses for every login. These bonus points are supposed to increase your mining rate by 10%. In addition to that, the bonus can be used to ”hack Bitcoins in the black market”.

So, the question is this, can you earn free Bitcoins with this site? The answer is very disappointing. There is no free Bitcoins anywhere in the word. If that was so, everyone would be rich today. One BTC is worth 6K right now. So if you happen to mine them for free, you will make a lot of money in a short time.

Bitz Free Review

The site is even giving users the opportunity to choose a variety of mining strategies to increase their income. These strategies were not revealed upfront though. The idea is that this BTC mining simulator will give users an unlimited amount of BTC if they perform some action. Users can determine mining policy and hacking as well in order to achieve a threshold for payouts.This sounds like an illegal financial game where people are lured into gambling so that they can massively lose their money in the vice.

bitz free review

👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it.  What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.

Click Here To Buy Now
 

BitzFree is also claiming that unlike other scams operating in this niche, their website is not scam because their revenue is generated from advertising, trading and alt coin mining. The question is, where is the evidence? If the site claims that they are taking part in these activities to generate revenue, they should be able to prove it. But so far, there is no proof to support their ”revolutionist” concept. It is just empty talk that will result in people losing money.

The reason why Bitz Free is an illegal scam is because it says users will be able to hack other users’ production in order to gain an unfair advantage over them. Again, we do have a question. If every user has the ability to hack, how exactly is this going to work in terms of supply and demand? It could mean that all users will hack one another and in the end, no one will benefit from the system. This part is actually not making sense at all. It is not a feasible business idea. Also, since money will be involved at some point, this makes it an illegal operation. Hacking has never been ethical if the purpose is selfish.

The other reason as to why we treat Bitz Free as a suspicious website is because they are claiming that users can even double their BTC. How exactly does that happen? If every user has been given the chance to double their BTC, how exactly will money circulate in this ecosystem? Based on pure common sense, any investor will see that this is not possible. Actually, it is not making any sense for the simple reason that BTC Free is a lie.

The truth

If you have opened the Bitz free website, chances are that you are wondering whether free Bitcoins can ever be generated. You have a straight forward answer based on the issues we have raised above. No one can generate free Bitcoins because BTC is money and money is never generated out of thin air.

The site claims to be engaging in trading and mining of altcoins. But this is a big lie. The site is just making money by talking users into buying a worthless coin known as BTG. The cost of this coin is $32. It seems that users will need to purchase a few coins in order to play this alleged game. Once you purchase the coins and start playing the game, you will notice that you have been scammed because you won’t be able to recover any of your initial investment.

The concept is flawed an definitely not making sense from the financial standpoint. So definitely you are going to lose money if you play this game. How you are going to lose it is something we have already described.

To cut a long story short, we are dealing with a business model that is aimed at aligning the pockets of the anonymous scammer behind Bitz free website. This business will never generate money for you because nothing is being sold. Mining of BTC is not happening and definitely trading is not part of the equation.

Our best advice for you

Bitz Free is clearly a scam. Bitz Free lacks a clear definition of what they are doing, plus they are not proving how they are able to generate the alleged free Bitcoins. So definitely this is total hogwash. If you want to make money as a Bitcoin investor, trade them with these automated BTC trading robots.

Leave a Reply

Your email address will not be published. Required fields are marked *

Profitfarmers

Follow Us

Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.