What is Bitcoin Trader?


What is Bitcoin Trader? Is Bitcoin Trader a Scam? A Bitcoin Trader Review

What is Bitcoin Trader? Is Bitcoin Trader a scam? Bitcoin Trader boldly states “Join us and start getting rich with Bitcoin Trader!” However, there is more to the story. Continue reading to see the Devil in the details.

Website: securerich.com/bitcointrader
Product: AutoTrading Software
Price: Free Software, $250+ “trading” deposit
Rating: Not Recommended

Click to DISCOVER a Proven Path to Financial Independence!

What is Bitcoin Trader?

Bitcoin Trader presents itself as an exclusive trading platform for Bitcoin. Bill Gates and Richard Branson are name-dropped at the top of the website. Bold letters remind you that Bitcoin is making people rich and you can be the next millionaire.

What is Bitcoin Trader? Is Bitcoin Trader a Scam? A Bitcoin Trader ReviewA video plays with snippets from real news broadcasts telling of the new highs Bitcoin has reached and how Bitcoin is the future of money with no fees, no banks, and no inflation. It’s exciting.

Read deeper into the Bitcoin Trader website, and you’ll see claims that the Bitcoin Trader software is like nothing else in the world. Built on the most advanced technology, Bitcoin Trader claims their trading software has an accuracy of 99.4% that doubles, triples and quadruples their member’s money.

They have even won “#1 in the trading software category for the US Trading Association.” In the FAQ, you are told that the average Bitcoin Trader member earns about $1,300 a day and only works about 20 minutes a day.

What you won’t find on the Bitcoin Trader website is an earning disclosure or a risk statement, and that’s a problem.

Is Bitcoin Trader a Scam?

Although you will find Bill Gates and Richard Branson mentioned at the top of the Bitcoin Trader website, they are NOT endorsing Bitcoin Trader. They are mentioned only to give the appearance of credibility. Bitcoin Trader is using their names to trick you.

The video is also trying to trick you. The snippets of news video reporting on Bitcoin are NOT discussing Bitcoin Trader. Bitcoin Trader and Bitcoin are two separate animals.

Bitcoin Trader claims their software is 99.4% accurate. This claim implies their software makes profitable trades 99.4% of the time. However, that is not what it is saying. The truth is, this claim is meaningless.

Bitcoin Trader is an Auto-trading Scam.

What is Bitcoin Trader? Is Bitcoin Trader a Scam? A Bitcoin Trader ReviewAbout that award Bitcoin Trader claims they won; Remember they claimed their software was declared to be “#1 in the trading software category for the US Trading Association.” I couldn’t find any mention of the US Trading Association online. Apparently, it doesn’t exist.

Keep reading, and you’ll see why Bitcoin Trader will lose your money 100% of the time. Money only flows one way with Bitcoin Trader, and it is NOT in your pocket.

Bitcoin Trader is a scam. Specifically, it is an auto-trading scam. Bitcoin Trader has NOTHING to do with Bitcoin. If you join Bitcoin Trader, you will not buy Bitcoin, you will not own Bitcoin, you will not trade bitcoin, and you will not make money. You will lose money.

A Bitcoin Trader Review.

Bitcoin Trader is not a broker, and they are NOT registered with the Securities Exchange Commission. Bitcoin Trader does not broker Bitcoin trades. All Bitcoin Trader does is take people’s money. Don’t give them yours.

No Risk Statement.

The first sign that Bitcoin Trader is a scam is the lack of a disclaimer on the website. Legitimate brokers will state the risks you are taking when you use their services. When a site like Bitcoin Trader does not post an earning disclaimer or risk statement, it’s a huge red flag.

Click to DISCOVER a Proven Path to Financial Independence!

Fake Testimonials?

A second sign that Bitcoin Trader is a scam is the images in the testimonials. They are stock images and are used across the internet on other websites promoting other websites. Prove this to yourself by right-clicking the image and select “Search Google for this Image.”

Bitcoin Trader claims their software has a 99.4% accuracy. Does that mean it makes accurate trades or that it accurately converts your money into THEIR money?

The Free Software is a Gimmick.

Why would Bitcoin Trader give you special software for free? Because that is how they scam you. The software is a gimmick. More on this later, but first let me drill home the idea that there is no such thing as free software that will make you rich. It doesn’t exist.

Large investments companies have an army of nerds with supercomputers that make thousands of trades a minute. Free software can never compete with that.

The free software you get with Bitcoin Trader is nothing more than a simple program that tricks you into thinking you made money.

Bitcoin Trader Wants Your Number.

Before you can join Bitcoin Trader, you must give them your phone number. When you give them your phone number, a telemarketer will call you.

This telemarketer will pretend to be a trading advisor who wants to help you make money with Bitcoin Trader. Don’t fall for their story. They are really a telemarketer who hopes to make a very fat commission when they scam you.

The Small Scam.

The telemarketer wants to get as much money out of you as possible. They start by recommending you open a trading account and depositing $250. This the small scam and the setup for the big scam that comes later.

Here’s what happens if you join Bitcoin Trader and deposit $250 with them; Within 24 hours the software will show you made at least $1,300. However, this is not real money. You cannot take it out of your account, and you cannot spend it. All that happened was the software posted some digits to make it look like you made money. You didn’t.

The Big Scam.

Bitcoin Trader made it look like you made money so you will get greedy to make more money faster. If you believe you made money with Bitcoin Trader and feel greedy to make more, the telemarketer will talk you into depositing $10,000 by telling you that you can be a millionaire in 90 days.

If you deposit $10,000 into your Bitcoin Trader account, you will be locked out of your account immediately, and you will never see your money again. This is the big Bitcoin Trader scam.

Never in the process did you trade Bitcoins. All that happened was you gave your money to a stranger in another country.

Click to DISCOVER a Proven Path to Financial Independence!

A Better Option for YOU…

Work at Home in Your Pajamas.

When you try to find an honest to goodness way to make money on the web, you are faced with a world of scams. It’s a minefield of traps waiting to take your money. That is why I’m devoted to showing people a safe and reliable way to make money from home.

Making money online is a lot like making money off line. It takes skill and effort. Thankfully, the internet allows you to leverage your work, so you can make more money more quickly.

However, this does not mean you can get rich overnight. It means with the right training and support, you can be financially independent in years instead of decades.

I’m convinced anyone who can send an email and use Google can make a full-time income online, IF they are properly trained and supported. That’s why we recommend the FREE Starter Level of the Online Entrepreneur Certification Course.

This FREE TRAINING will show you the basics of online marketing and introduce you to a supportive community of affiliate marketers who are eager to help you succeed.

When you sign up for the FREE Starter Training through this website, I’ll coach you one-on-one at no cost.

To Learn More, Click Here.

If you found this article helpful or have experience with Bitcoin Trader, please leave a comment below. 

44 thoughts on “What is Bitcoin Trader?

  1. I personally would never invest in BitCoin and don’t understand the hype. I’ll make sure to read your article on BitCoin.

    As for this service, I’m amazed how something like this can be on the internet without being taken down instantly. I’m also amazed that there are people out there that put $10 000 in to something like this without doing some research first!

    Thanks for sharing and exposing scams like this!

    1. Hi, Nic!

      Bitcoin Trader has nothing to do with bitcoin. It just took the name to exploit the bitcoin mania. I agree with you that bitcoin is over hyped. You’ll see in my article Is Bitcoin a Scam? that there really is nothing to it. Many people have gotten burned when they bought high. I suspect that the people who control bitcoin will continue to pump and dump it for as long as they can.

      Thanks for stopping by,

      Gary

  2. I recently had someone here locally ask if they could get their money in bitcoin. I was shocked as I am not aware of a lot of people using this.

    I appreciate you breaking this down for me and offering some other ideas that may be better financial options.

    Do you think that bitcoin will become a legitimate financial program in the future or is it just a scam and headed for the financial junk yard?

    1. Hi, Rick!

      Bitcoin Trader has nothing to do with the cryptocurrency bitcoin. Bitcoin Trader is just exploiting the bitcoin name to promote their auto-trading scam.

      With regards to bitcoin, it’s important to understand the term bitcoin has two meanings. Bitcoin with a capital “B” refers to the blockchain technology that supports the bitcoin (small “b”) cryptocurrency. The blockchain technology will probably be around in some form for many years.

      The bitcoin cryptocurrency is not what we are told it is. It’s not a currency. It’s just a snippet of code. No nation in the world recognizes it as a currency. The IRS defines it as property. It is highly unlikely that any nation will allow it to compete with their official currency.

      Here is the essential thing to remember about bitcoin, the cryptocurrency. It is only a snippet of code. It has absolutely zero intrinsic value. This means the value attributed to it is artificial and largely created by media hype. It is not an investment. If you put money into bitcoin, you are speculating. In my article Is Bitcoin a Scam? I explain how a few, very rich people pump and dump bitcoin over and over to generate wealth for themselves. Bitcoin, the cryptocurrency, will be around for as long as these people want it to be.

      Thanks for stopping by,

      Gary

  3. Gary, I have been passing by so many articles on Bitcoin. There is so much buzz about whether cryptocurrency is a good investment, and people that appear very seasoned and professional seem to be endorsing it. This Bitcoin Trader is playing into that. People who think they can “get a piece of the pie” try Bitcoin Trader only to be taken in a big circle back to where they started or worse. Great post! I agree working online can be a great alternative. It has been great for me. How long have you been working online? How did you get started?

    1. Hi, Tiffany!

      I’m not a fan of bitcoin at all. Bitcoin Trader has nothing to do with the actual crypto currency bitcoin, but the actually crypto currency bitcoin is NOT an investment either and I do not recommend it. I’m amazed at the number of so-called investment professionals who are hyping it. I suspect they are being compensated for their apparent endorsement. I wrote a detailed article on the genuine bitcoin. You can read it here: Is Bitcoin a Scam?

      You asked about my online experience. I’ve been an online marketer for 9 years. The first 6 years were a struggle where I did everything wrong at least twice. When I finally began making decent money with small niche sites, Google changed its algorithm and de-indexed my sites. My modest empire vanished overnight. That’s when I decided to learn how to build websites Googled loves. It’s so much easier to do it that way.

      Thanks for stopping by,

      Gary

  4. Your site is an excellent example of what might be done to market wealthy affiliate. I’m pretty certain that in the immediate future I will be borrowing from your site. So on that note I say well done.

    A word on the concept of Scamavenger dot com as a whole. I came to wealthy affiliate because I was already in the process of building a couple online businesses and I recalled that WA was useful in learning how to build, host and maintain websites that could promote these businesses. Interestingly, all of my businesses including wealthy affiliate have critics out there accusing it of being a scam (One of which btw is MLM). So right off the bat when I find a blog like yours it loses some credibility because I instantly think alright, you don’t like MY opportunity, which opportunity are YOU trying to sell me? I personally decided I don’t need to berate other businesses to build mine (though I do tend to believe that Bitcoin itself let alone bitcoin trader are better ways to lose rather than make money). But if you do want to go that route, you would sell me better if you went beyond just ad hominem attacks. What is your experience that convinces you this is a scam? Does the business show any classic red flags?

    But truly, you’ve done well with what it appears you’re trying to do. I hope it works for you.

    1. Hi, Calvin!

      Thanks for your kind words. Yep, I’m not a fan of MLM and I’ve tried several companies back in the day, long before the internet. Bitcoin Trader is covered in red flags which I discuss in detail in the article. Bitcoin Trader has nothing to do with bitcoin and everything to do with the classic auto-trading scam. 

      I agree with your assessment of bitcoin and wrote an article about bitcoin. Read why bitcoin is a scam.

      Thanks for stopping by,

      Gary 

  5. Thanks for exposing Bitcoin Trader for the scam it is. 

    There is so much hype about Bitcoin and cryptocurrencies, it’s hard to know what is true and what is not. I’m old school and didn’t buy into the Bitcoin hysteria. Now, that the price is coming down dramatically, I wonder if more people are seeing that Bitcoin is a big nothing. 

    1. Hi, Eden!

      Bitcoin Trader is just another auto trading, make money fast scam that used the Bitcoin name to capitalize on the Bitcoin coin mania. It’s a big loser.

      I agree. I’m old school too and won’t invest in anything I don’t understand and that also has intrinsic value. If someone was to take the time to understand Bitcoin, I doubt they would put their money in it. The blockchain technology that makes cryptocurrencies possible is truly revolutionary, but bitcoin itself is suspect.

      Thanks for stopping by,

      Gary

  6. The platform is very informative especially now that the bitcoin palaver is everywhere on air. People who are ignorant of this are scammed everyday especially the get rich quick syndrome people. The author has done so well to deduce how the bitcoin trader scam people and I am very sure this information will liberate so many souls from the merit of these perilous scams

  7. With Bitcoin gaining in popularity, I would expect to see more scams coming out praying on those who are vulnerable and looking to get a piece of the pie.

    Its great to know that there is someone out there like you who is working to help people avoid getting tangled up in bad invetment decisions.

    What is a better way to invest in bitcoin?

    1. Hi, Ashley!

      I don’t recommend Bitcoin because I don’t understand it well enough. The more I study it, the more questions I have about it. Also, large traders are now in the market and manipulating it. That makes it very dangerous for small investors.

      Investing in Bitcoin is pure speculation because there is no underlying value to it. Now that it appears to be in a bubble, the value of Bitcoin can crash at any moment. Already, people who got in when Bitcoin was $20K have lost half of their investment.

      Very large investment firms are not in the Bitcoin market. These firms are taking a short position and will profit when as Bitcoin loses value. Because these firms are so large, they are influencing the market in their favor by putting downward pressure on the market. 

      Thanks for stopping by,

      Gary

  8. Thank you for this very informative and helpful review. I have been interested in investing in bitcoin but still don’t have enough knowledge to take on this adventure. Thanks for the warning regarding Bitcoin Trader, it is so easy to be scammed when you are not informed. I just don’t understand how they can so easily and freely scam people and don’t get caught.

    1. Hi, Blanka!

      It seems that the crypto currency hysteria has brought out the scammers. Like Bitcoin Trader, the scammers are using the names of various crypto currencies to make it appear that you are buying or trading crypto when you are really just throwing money away.

      Thanks for stopping by,

      Gary

  9. Thanks for this Expose Gary.
    It is amazing that derivatives which have n o basic value are hawked again and again and people fall for the clever sales pitches.
    We have a friend who has been conned out of £135,000. Not by Bit Trader but a similar pitch with similar “software.”
    And she is a street-wise person in most cases.
    The company was registered offshore so the authorities can do nothing to help except to advise that her money is gone.
    The 2008 bank crash was caused by falsely valuing derivatives and even the banks fell for it.
    We ordinary mortals have little chance, so you are doing a public service by exposing these scams.
    I noticed an interesting point in your comments about who is ultimately behind these scams. Very enlightening. Makes a lot of sense.
    Well, back to hard work.

    1. Hi, HappyB!

      I was fortunate to learn value investing back in the 1970’s, long before derivatives were sold as investments. Before I consider an investment, I look for the underlying value. As you mentioned, cryptocurrency has no underlying value. Nothing! We are told stories about it and it’s value is dictated to us, but you can’t determine it’s value independently.  

      Cryptocurrencies are artificial and highly complex, so complex they cannot be understood. We are told that cryptocurrencies are “mined.” How can this be true? Gold is mined. Silver is mined. Gold and Silver have been in the earth for millions of years, waiting to be found. 

      Where was Bitcoin before the internet was invented? Bitcoins are not mined. They are manufactured. It seems to me that cryptocurrencies are nothing more than a way for someone to make money out of nothing.

      Bitcoin Trader is worse. It’s a bet on a derivation. It’s like betting on the contents of an empty sack.

      Thanks for stopping by,

      Gary

  10. I have seen bitcoin deals a lot over the years and with their cost spikes I often wonder if I’m not missing out getting involved with bitcoin. I’m not sure where I would even start as I see so many services like this. I don’t know what is real. Thank’s for pointing out a scam.

    1. Hi, Owner!

      I’m with you. It’s difficult to know what is real and what is illusion or manipulation. I’ve been an investor for 40 years and have always relied on the fundamentals of a potential investment to determine if it was worth my money. This is old school strategy and the strategy Warren Buffet used to build his fortune.

      Since the early 1990s, investments have moved away from fundamentals into derivatives which are nothing more than side bets. The value of derivatives is determined by what people will pay for them and this is often determined by what we are told by the media. I see Bitcoin, and all the crytocurrencies, as nothing more than media driven pyramid schemes. It may well be a big psyops to see how much we will pay for nothing.

      From the perspective of the small investor, there is no way of knowing if cryptos even exist. It might just be a story.

      Thanks for stopping by,

      Gary

  11. Call me a pessimist but I was just waiting for some scammer to jump on the Bitcoin bandwagon and do something like this!
    It’s so sad when people are genuinely trying to earn income through legitimate sources only to fall foul of scams like this.

    If I had deposited $250 then saw that I’d made $1300, I would’ve made enquiries on how I could withdraw this amount. It will probably be at this stage when I would’ve found out that it is a scam.
    However, as you have said people are greedy and if they can get rich quick, they will invest huge sums upfront only to be slammed with the reality that they have been conned.

    When you say that you cannot take out your investment/money made, is this how Bitcoin -the legitimate business – works?
    (I know with the scams you will never get your investment back).

    Even though it can be quite lucrative, a lot of people are now wary of investing in Bitcoins due to the high level of scamming going on.
    Thanks for this review.

    1. Hi, Jacqueline!

      I don’t know enough about Bitcoin to speak about it with any authority. I am suspicious of it for many reasons as the value of it is based solely on hysteria which is churned up by the media. It has no underlying fundamental value. It looks to me to be the a very large pyramid scheme.

      Thanks for stopping by,

      Gary

      1. Thanks for your reply Gary.
        Yes. I too am suspicious about the whole bitcoin thing. It was probably worth the investment 10 years ago but with so much hype, whomever ‘owns’ it, are bound to change the algorithm or whatever metrics it is governed by, so that they don’t lose out, but potential investors will, unless they continue to invest more or recruit others which smell, as you said, like a pyramid scheme model.

        Jackie

  12. This article needs to get to the top of Google. It’s unbelievable how many completely insidious scams have risen out of the cryptocurrency frenzy.

    I am now necessarily one of the doubters in cryptocurrency. The internet was met with similar skepticism, while people that did their research, traded carefully, and gave it a chance went on to make vast, generational wealth. People are already doing this in droves through cryptos, and it’s only the beginning.

    It makes sense that the idea of currency transitioning into decentralized, encrypted databases is disconcerting to most people. But it also strikes me that… everything is going digital. Medicine. Oil. The military. The industry I work in, insurance. Very few industries and institutions have not gone into data-centric formats. Currency is one of the last frontiers, and the entire globe is finding its nature in need of improvements. There’s still a huge chance many cryptos will go bust, but even if we see that coming, enormous fortunes can be made even in pump and dump scenarios. Ride the hype wave, and bale when you’ve made a solid gain.

    Bitcoin cost $0.08 in 2011. A $10 bill would have made you around 2 million by this past Christmas. An investment of $2,000 could have given you a networth higher than Prince. There’s definitely an opportunity.

    Of course, this also means that scammers will be coming out of the woodwork. I appreciate the warning about Bitcoin Trader. That being said, do you know of solid crypto exchanges that are good for trading, and have low fees?

    1. Hi, Jordan!

      I appreciate your illustration of how lucrative Bitcoin has been for some people. However, I’ve stayed away from Bitcoin and all crypto-currencies. Investing in crypto-currencies is pure speculation. There are no underlying fundamentals. The price is driven by nothing more than media churned hysteria. As you point out, if you can ride a pump and dump scenario and get out in time, it might work.

      Because there are no fundamentals related to crypto, there is nothing supporting any price for it. All we know about it is what we are told. As a culture, our thoughts, our ambitions, our dreams, our notion of what has value and what does not, even our notion of good and evil are controlled by the media. The media is now telling us these particular digits are valuable and may even have the power to make us rich. Before we were conditioned to believe computer digits had value, we were conditioned to believe that slips of paper had value. People will kill for slips of paper. One day people might kill for computer digits.

      Crypto-currencies can only survive because the central powers want them to survive. The central powers have the ability to destroy all crypto-currencies by simply outlawing them. Why do the central powers allow them to exist? Probably because they created them. Katherine Austin Fitts, an economist and former managing director of the Wall Street firm Dillon, Reid & Co who served in the first Bush Administration, teaches that cryptos are state sponsored.

      Thanks for stopping by,

      Gary

      1. I agree, a healthy dose of skepticism is key. Especially, as you said, with the media driving so much of the frenzy in our nation.

        I suspect that a massive amount of the political unrest and acrimony in this country is actually fueled by hype media, and its overuse of emotionally stirring language.

        Do you do any kind of investing?

  13. Thank you for this review. I would never have thought that this would be a scam. You are right. If I did see the $1300 the next day, I would be tempted to invest more and that is really the bigger scam. I can’t believe that there are really people out there, scamming people for such big amounts, when all we want is just to make a better life for ourselves. People work so hard for their money, it breaks my heart to see them getting scammed. I will look into your certification course.

    1. Hi, Reyhana!

      It is heartbreaking to know people are losing thousands of dollars to scams like Bitcoin Trader. The small scam, as you mentioned, gets people so excited that they will mortgage their home to put more money into the scam. Sadly, once they do, that money is gone forever.

      Thanks for stopping by,

      Gary

  14. Great awareness article about bitcoin trader. You have done a great job. Bitcoin Trader is a total scam and they are misleading people by false information about getting rich through bitcoin trading.
    I also suggest people not to go for this company in the hope of getting rich quickly.
    Hope more posts regarding scam sites from you in the future

    1. Hi, Himbru!

      With the recent hysteria about Bitcoin and crypto-currencies, scammers are capitalizing on the names of crypto-currencies. As you discovered, Bitcoin Trader has nothing to do with Bitcoin. It’s just the same old worn out auto-trading scam that promises fast, easy money, but only delivers heartache, financial loss, and humiliation.

      Thanks for stopping by,

      Gary

  15. I have been very interested in Bitcoin trading for a long time and I am glad I didn’t sign up for Bitcoin Trader after reading your review. Seeing that they advertise they can make money for you since a lot of people don’t know a lot about bitcoin made it very enticing. Thanks so much for posting a very thorough review.

    1. Hi, Josephine!

      Bitcoin Trader is a real stinker that will only lead to financial loss. I’m glad you didn’t sign up for it. It’s obvious the scammers behind Bitcoin Trader were trying to cash in on the Bitcoin hysteria. 

      Thanks for stopping by,

      Gary

  16. I’ve doing a bit of research to learn more about Bitcoin Trader. I know many people have made money on this and yet I’ve been feeling it’s too good to be true. What you wrote is a definite eye-opener… I actually didn’t know these guys have nothing to do with Bitcoin, plus if I joined, I wouldn’t even own a Bitcon…wow! The last thing I want is to have a telemarketer call me. Very glad you wrote this… thank you!!

    1. Hi, Monica!

      Bitcoin Trader is a real stinker and a typical binary options scam. It is in no way associated with the crypto-currency Bitcoin. 

      Bitcoin Trader is NOT trading crypto-currencies, but I’m not a fan of crypto-currencies either. There is no underlying value to crypto-currencies and I doubt they are what we are told they are. Because there is no underlying value with crypto-currencies, there is not way of knowing what the fundamentals are that support them. It appears to me that the only supports for crypto-currencies is hysteria.

      Thanks for stopping by,

      Gary

  17. Hi, Gary. First of all, I saw near the top of your review a statement made by this fraud company which you took the time to write in quotes.

    How can Bitcoin Trader make the egotistical statement that they’re “#1 in the trading software category for the US Trade Association” when obviously it is a complete lie?

    One would think that someone with the U.S. Fed Dept. would have a thorough investigation into this company’s bogus claim and then lay the wood to them.

    I also got a kick out of this company’s erroneous claim that on average a member with Bitcoin Trader earns $1,300/day with the only requirement being that he/she puts in 20 minutes of effort to accomplish this monetary feat.

    Yet another bogus get-rich-quick scheme that still pollutes the Internet and to which, sadly, naive people worldwide still fall for seemingly every hour of every day. I truly believe that in so many instances, people are their own worst enemies; only they don’t realize it. They’re just a victim of their own greed and lust for easy money.

    The fact that this company is a complete scam is revealed in the info that you provide in your review. Bitcoin Trader is not registered legally with the SEC. There is a complete lack of a risk disclaimer on the website – something which you state a legit company would make visible.

    The company’s testimonials are all fraudulent, the software is a joke and by foolishly providing a phone number to these criminals a person would be soon be subjected to endless bogus phone calls. I hope that these individuals, if they provided a cell phone would have a call block app installed on their devices. Otherwise. . .

    Worst of all is the upsell cost, a telemarketer twisting a person’s arm trying to con $10,000 out of him/her with the false info that this money could turn into a million dollars. A complete lie!

    With the current craze in Bitcoins, your great review Gary provides insightful knowledge as to the fact that this company is not to be associated with legit companies who follow a similar venture. Instead Bitcoin Trader is nothing but a 100% scam!

    Jeff

    1. Hi, Jeff!

      Thank you for your thoughtful and in depth comment. You idea of using a block app to stop telemarketers. Bitcoin Trader is nothing more than a buzz word slapped on an old scam. 

      You raised the question as to why the Feds don’t shut these scams down. There is pressure on some of them and often I discover that the websites are blocked in the US. I’ve also read documentation on the FTC and SEC websites about how rapidly these scam sites pop up. It’s like the Feds are playing Wack-a-Mole with the scammers and the scammers are far more agile than the bureaucrats.

      Thanks for stopping by,

      Gary

  18. I am glad you really threw light on this subject . Because all over the internet people are getting mad over this software. No software can make you real money without doing any work. The only legitimate way to make money online is WORK.
    Those who want to lose their shirts can keep gambling with this kind of software. I will rather go to Vegas than falling a prey to this scam.

    1. Hi, Dr Patrick Moses Fraser!

      I agree. The odds are much better in Vegas. With Bitcoin Trader you have 0% chance of making money. In Vegas you have about a 25% chance of making money with the slot machines.

      Thanks for stopping by,

      Gary

  19. You did a great job exposing this scam. I have just begun my investigation of bitcoin, and this article was very helpful. Your content is easy to follow, and you get to the point right way. Kudos to you, and I wish you a prosperous and happy new year ahead.

  20. I have been trying to figure out whether or not Bitcoin Trader was a scam, and I’m so happy I found this review and haven’t given them my number yet.

    It’s so frustrating because I know there are good companies out there that people can profit with and then people like this taking advantage of the situation.

    Anyway, thanks for the advice!

    1. Hi, Sunny!

      I’m so glad you found my article about Bitcoin Trader before you were caught up in their scam. This is just one of thousands of auto-trading scams online. 

      Thanks for stopping by,

      Gary

Leave a Reply to HappyB Cancel reply

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

Recent Content