In this review, we will be exposing a basic Bitcoin scam known as Quick Bit whose domain can be found at quickbit.ltd. It is not clear whether or not this is a corporation. The fact that an extension Ltd appears on the domain does not necessarily mean that they are a corporation. Luckily, this is something we can quickly check on Google. Indeed there is a QuickBit Ltd. But this corporation is registered under the category of Wholesale of other machinery and equipment as opposed to financial investments.
There is no evidence that QuickBit Ltd is related to the scam we are talking about in this review. Therefore, there is an element of deception in this case. QuickBit is trying to look credible by making people believe that they are a corporation even when they are not. The website were QuickBit is hosted at is very basic. The first thing that visitors will see on the landing page is the message that they can double their Btc in 24 hours. The message is quickly followed by two input boxes for the user’s Bitcoin and email address.
There is nothing else. No about us or contact information anywhere on this site. The site is actually hosted anonymously as the owner registered the domain anonymously and is not wishing to divulge any information concerning their whereabouts. We treat all these things as red flags. There is no exception. You have to make that conclusion because there is no way a website with these characteristics will pay you free Bitcoins.
The moment you input your BTC and email address and click the green bar which says Get started, you will be taken to another page that will request you to send the scammers any amount of BTC you can afford. The anonymous site admin gives you the address to their wallet while faking the process to look like they are working in the background to generate your payments. The truth is that nothing is happening in the background. The site is only fooling with your time and mind.
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Also, they have an affiliate program where affiliates are allegedly promised a return of $50 per person. That is the most unrealistic thing we have ever encountered. The site does not set any threshold for sending Bitcoins to them. Therefore, it is impossible for the anonymous admin to claim that they will reward you with $50 if a referral sends BTC worth $5.Even if they sent BTC worth $50, there is no way the scammer can pay you the $50 and remain with nothing/. Common logic suggests that this model of operation can never make financial sense. To cut the long story short, the site is not neither paying users nor affiliates. A scam is never meant to make payments. Quickbit falls into this category of sites.
The truth of the matter is that Quickbit is designed to collect Bitcoins from internet randoms. That is why they insist that you must send them Bitcoins in any amount in order for your investments to be complete. The site is actually begging for your Bitcoins. So how do you think that such a website will ever double your BTC in 24 hours? Where do they get it? And why should they give you more Bitcoins in 24 hours? Better still, why do you think you should be giving them some Bitcoins in order for them to double your Bitcoins?
You should be asking these questions to make some logical conclusion. That is the reason your investment status will be put in pending mode so the scammers can test you and see whether or not you will send them Bitcoins. Then somehow, the status of your investment is supposed to detect that you have sent Bitcoin to the scammer’s provided wallet address. You see, this is a dumb setup. You don’t have to think very hard to understand that this is a scam and there is no way you can multiply your BTC in 24 hours. If this site was real, it would have commanded the attention of news headlines. Everyone would be rushing to double their Bitcoins at this site. And most importantly, the owner would charge a fortune just to perform whatever magic they are claiming to use in order to double BTC.
Clearly this site is not making any sense. That is why they are begging you for bitcoins of any amount. They are broke and they are scammers too.
You should know that BTC is not generated out of thin air. Moreover, if you come across a site that doesn’t have contact information, you should ask yourself why. The truth is that the owner of this site is anonymous for a valid reason. They want to scam internet randoms, and for them to do so safely, they have to hide and keep collecting BTC anyway. What we are seeing on this site is a classic example of how a lazy internet robber does his job. There is no particular time an anonymous site will issue payments to you. There is no exception. If you hear the phrase ”double your Bitcoins in 24 hours’, run as fast as your legs can carry you.
Now, the reason why this site is a scam is because even with the popularity, there are no user feedback at all. We find it very strange indeed. We only review a site when it’s popular. We have never come across a site that is popular and yet it is not creating some sort of a buzz online.
We do not want to think for a second that Bitcoins can come out of thin air. By the way, Bitcoin is real money. For that reason, you should only engage in sound investment principles in order to generate more money from your investments. One of them would be to trade Bitcoins but not to double them out of nowhere.
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