What is The Bitcoin Code?


What is The Bitcoin Code? Is The Bitcoin Code a Scam?

Bitcoin Code inventor, Steve McKay, invites you to  “Ride the Wave of Bitcoin and earn a guaranteed $13,000 in exactly 24 hours.” That’s a huge promise. But, what is The Bitcoin Code? Can you really make $550 an hour on autopilot? Join me as we look at the Devil in the details.

Product Website: thebitcoincode.com
Product Cost: Minimum $250 Deposit.
Product Owner: Cannot Be Determined.
Opinion: Not Recommended.

Click to DISCOVER a Proven Path to Financial Independence!

What Is The Bitcoin Code?

If you visit The Bitcoin Code website, you are greeted with a sales video presumably narrated by the so-called genius behind The Bitcoin Code, Steve McKay, and told to “Ride the Wave of Bitcoin and earn a guaranteed $13,000 in exactly 24 hours.” That’s big talk from a man that doesn’t exist. However, there’s a lot the fictitious Mr. McKay isn’t telling us. Let’s take a look at the Devil in the details.

Is The Bitcoin Code a Scam?

Continue to watch The Bitcoin Code sales video, and you’ll be treated to several testimonials. These testimonials might seem genuine, but I seriously doubt it. At least one is Fiverr actor klevitt70. He’s paid to endorse The Bitcoin Code.

Think about it. Steve McKay claims to be the 100 Million Dollar Man and a maker of millionaires. He promises you a ‘life-changing’ investment opportunity that will make $550 an hour on autopilot and a millionaire in 90 days, but he pays a Fiverr actor forty bucks to fake an endorsement.

What is The Bitcoin Code? Is The Bitcoin Code a Scam?
Fiverr Actor klevitt70 gives Bitcoin Code testimonial.

More Fake Stuff.

The Bitcoin Code website is littered with testimonials and pictures of happy members. The images are either stock photos or were stolen from the internet.

Check out the image and testimonial of Chris Hadid. Does he look like Chris Hadid? No. That’s not Chris Hadid. That’s the author Jean-Edouard Gresy from Amazon.

What is The Bitcoin Code? Is The Bitcoin Code a Scam?
Chris Hadid on The Bitcoin Code website is Jean-Edouard Gresy on Amazon France!

If you want to learn a new internet trick, search google for the images on The Bitcoin Code website. It’s easy. It’s like proving someone’s a liar without having to deal with their crazed self-righteous indignation.

Here’s how you do it. Put the cursor on an image, right-click, and select “Search Google for Image.” Viola! Proof positive Steve McKay is a big fat fibber.

Why can’t Mr. McKay put real testimonials from happy Bitcoin Code members on his website? I’d be happy if I could make $13,000 every 24 hours. He can’t put real testimonials on his website because there are none. The real Bitcoin Code members are not happy and they’re not rich and they don’t want to talk about it. Where their bank account used to be there’s nothing left but a smoking crater.

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Always Read the Disclaimer! Oh, Wait. You Can’t!

Buried in the disclaimer, you might find the truth about The Bitcoin Code or any other website. However, just because a website has an earning disclaimer doesn’t mean it’s not a scam. On the other hand, if they DON’T have a disclaimer you can bet your last nanobyte it IS a a scam.

There’s a lot of frustrated creative writers in the world, and many of them make a living writing highly creative and misleading disclaimers for scam websites. Apparently, Mr. “Millionaire Maker” McKay couldn’t afford to hire a creative writer because The Bitcoin Code does NOT have a disclaimer.

If you click on “Disclaimer” at the bottom of the page, you are sent back to the top of the sales page, and the sales video starts over. Click on anything at the bottom of the page, and you will be trapped in the perpetual loop of a parallel universe.

In other words, there ain’t no stinking disclaimer, and if there ain’t no stinking disclaimer, it’s a scam.

The Bitcoin Code a Scam.

It’s all fun and games until somebody loses money. The Bitcoin Code is a binary options scam, just one of the thousands infesting the internet like fleas.

ScamAvenger Girl giving thumbs downIf you join The Bitcoin Code, you will not own bitcoin; you will not trade bitcoin, you won’t even trade binary options. All that will happen is you will give your money to a stranger in a foreign country, and they will keep it.

How The Bitcoin Code Gets Your Money.

Everything about The Bitcoin Code is designed to trick you into giving them your money, lots of your money. If they can get it, they want it all.

The Bitcoin Code software our genius Steve McKay spent a year of his life inventing is nothing but an empty box with a few flashing lights. The software is free for a reason. That’s how they trick you.

Before you can begin trading with The Bitcoin Code, you must give them your phone number, open a trading account and deposit a minimum of $250. When you do, you’ll get a call from a treacherous telemarketer pretending to be your devoted trading advisor.

When you deposit $250 into your account, the software goes whir, the lights flash and numbers start to get bigger in one of the columns.

It looks like you’re making money. You’re not. It’s just an illusion. You may as well be watching a digital clock. It’s just numbers. Your money is resting snug as a bug in the scammer’s bank account. Never to be seen again.

If you fall for the illusion, it gets worse, much worse. Twenty-four hours later, your Bitcoin Code account has grown to over $13,000! Just like they said it would. You might even believe you’ll soon be a millionaire.

The treacherous telemarketer cleverly disguised as your personal kind-hearted trading advisor suggests you put all the money you can find into your trading account so you can be a millionaire by next Thursday. She suggests perhaps a cool $10,000.

When you deposit all the money you have in the world, including the money your spouse hides in the litter box, you get locked out of your account, and your kind-hearted personal trading advisor does not answer your calls. Your money is gone forever. That’s The Bitcoin Code scam.

One More Thing You Need to Know about The Bitcoin Code.

The FTC and the SEC consider The Bitcoin Code an unregistered binary options broker. An unregistered broker is a business that presents itself as a binary options broker but is not registered with any governing agency. In other words, their behavior is not restricted by laws or ethics.

They can do as they darn well please. The FTC and the SEC have warned that unregistered brokers are known to steal the identities of their clients, manipulate software to force losing trades, lock clients out of their accounts and steal their client’s money.

Go here to read the FTC’s warning about unregistered brokers.

Go here to learn more about binary options scams. 

There’s No Such Thing as Magic Software.

As long as you believe there is some magic software or secret code to making money online, you will be vulnerable to internet scams. There are thousands of scams like The Bitcoin Code ready to take every dime you can beg, steal or borrow. If you fall for them, you will lose money and probably go into debt.

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

However, this doesn’t mean you can get rich quick. It means with the right training and support, and if you do the work, you can be financially independent in years instead of decades.

And it’s not difficult. I’m convinced anyone who can write an email and surf the web has the capacity for building a successful online business, IF they are correctly trained and supported. That’s why we suggest the FREE Starter Level of the Online Entrepreneur Certification Course.

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

32 thoughts on “What is The Bitcoin Code?

  1. Hi Gary,

    Just stumbled upon this page after spending half of a free afternoon finding the same information about this particular scam as yourself as well as quite what a complex array of other domain names and things like ‘anti scam’ sites which have undertaken independent reviews and can confirm that this is ‘definitely not a scam… and really works’ despite the fact that they are, somewhat unsurprisingly, linked back to the same domain host.

    The other half of my afternoon was spent on taking calls from their “special financial expert” racked up their phone bill and stringing them along while I decided whether I should invest £25,000 or £50,000 into my account brought some amusement to my otherwise empty afternoon.

    The above notwithstanding, some of us are lucky enough to be internet savvy but everyone should remember the worthwhile phrase: “If something looks too good to be true, it almost certainly is”!!

    1. Hi, Ben!

      I agree. If it seems too good to be true, it probably is. I do not recommend bitcoin or any of the cryptocurrencies. However, Bitcoin Code really doesn’t have anything to do with bitcoin. Bitcoin Code is just a story to take people’s money.

      Thanks for stopping by,
      Gary

  2. Hello Gary.
    Well written and very informative. I regularly get these offers in my inbox, I’m a believer in the saying “if it looks to good to believe then it most probably is”, particularly if there is a link to click on in the email; the best move is put it in the spam box and let your ISP deal with it.

    1. Hi, JasonBourne!

      Yes indeed. If it sounds too good to be true, it probably is. That’s a great bit of wisdom that will save you a lot of money and heartache.

      Thanks for stopping by,
      Gary

  3. Thanks Gar for the time taken to research and explain your findings. Unfortunately there are now many sites set up as “fraud exposers”, to be only another route into similar schemes such as Bitcoin Code and the like.

    What you have not done is to denounce and refer us to an alternative scam, thereby giving it an authentic approval from one who is “in the know”, yourself.

    So good to know how to check photo’s out through Google – well done and of great service.

    I got to your site by trying to find meaningful analysis on Bitcoin Code but discovered deeper and very subtle alluring offers through so called hoax identifiers.

    When time permits I will go through the rest of your site.

    1. Hi, Tim!

      Unfortunately, there will probably always be scammers exploiting trade names for profit. I hope that as the internet matures, everyone online will learn to recognize scams like Bitcoin Code from a safe distance.

      Thanks for stopping by,
      Gary

  4. I wonder why FBI is not tracking already the entire Bitcoin Code scam program and its plotters. The services need to take the necessary measures to eradicate such foul and unjust business practice.

  5. it was too tempting to get into it, after my registration I have received a call from Cyprus to insisting me fund in. According to him, he called from Bitcoin Code license affiliate to manage my account, they will fund in extra $25 for trading trial and at any time I would be able to withdraw the money. Oh man, it is really too tempting to start the trade.

    As what Frances said, I was also caught with Simon Cowell in their promo page …….. and clicked onto it.

    1. Hi, Lee!

      I assure you Simon Cowell has no idea his image is being used for The Bitcoin Code. Next month they will probably have another celebrity on their website. Thanks for sharing your experience. I understand how tempting it can be, but no good will come of it. The Bitcoin Code make their offer tempting for a reason, they want your money.

      Thanks for stopping by,
      Gary

  6. Thank you very much for this awareness. I really was nearly caught up in this scam. I even made the registration but with no money issued to any person.

    1. Hi, Sibusiso!

      I’m so glad you found my article on the Bitcoin Code in time. It could have been a very costly mistake. You are the reason I do what I do. Knowing I helped you made my day.

      Thanks for stopping by,
      Gary

  7. thank you very much, I started looking at this as they had a picture of ‘Simon Cowell’ and said he doubled his money using this code, so I thought it must be ok…..
    I will now be using the points you raise to check out online opportunities

    1. Hi, Frances!

      That’s amazing that Bitcoin Code is using Simon Cowell to sell their scam. You can get Simon doesn’t know anything about this. I’m glad you found my site in time. It could have been a very expensive mistake.

      Thanks for stopping by,
      Gary

    2. Yes I was tempted too. Thank you for sharing this. I knew it was probably a scam but it was tempting – didn’t your mind just think, well I could just do it for a few weeks and pay off a few debts. Thats how they get you.

      1. Hi, Joy Anderson!

        You made me chuckle. Yes, there is a part of my mind that wants to believe scams like The Bitcoin Code are legit and I can really make a lot of money quickly. Alas, it isn’t so.

        Thanks for stopping by,
        Gary

  8. Thanks for the interesting and instructive review. No doubt that The Bitcoin Code is a scam but unfortunately many new online easy money seekers catch this bait, and it is not bad as a real success never come without failures. I like your trick with Search Google for Image. I never thought about it before. Need to play around as I have some doubts about a couple of persons. Thank You.

  9. The page is very visually appealing and the content is excellent. There are very few things that I would change, because it looks great! However, I don’t know if this person personally scammed you or not, but your site gives the impression of personal anger (intended or not, I don’t know.) While scams do cause anger, your targeted audience isn’t angry at this person and they may get turned off by some of the language and phrasing used. I was! I don’t go around searching negativity and while scams exist, there is a better approach to appeal to clients than using terms like “bastard.” No one likes scams, but honestly when you start name-calling, you look petty and people aren’t going to want your product any more than they want his.

    1. Hi, Michelle!

      I appreciate your insights. I’m not angry, but I do use strong language for a reason. The Bitcoin Code and most scams, use powerful psychological tricks to seduce people into buying their scam. My use of strong language is an attempt to break through the scammers seduction.

      Thank you for telling my how my choice of language impacted you. It’s very helpful feedback.

      Thanks for stopping by,

      Gary

  10. My Facebook news feed has been overloaded with these so called Bitcoin experts lately. Thank you for taking the time to look into one of their programs. I’d be skeptical immediately of anyone promising those types of results! I’ve never purchased Bitcoin, but with all the hoopla lately, it certainly has piqued my interest. Since you’ve researched this a bit, do you have any recommendations on how and where to buy Bitcoin?

    1. Hi, Ryan Basham!

      I’m suspicious of crypto-currencies and do not invest in them. The value of crypto-currencies is manufactured. They have no inherent value. 

      For the past hundred years, the tools for shaping mass consciousness have been well-established. Through advertising, people can be influenced to purchase things that will kill them and ultimately pay an inflated price for the privilege. 

      Now imagine that the tools for influencing mass consciousness are so highly developed that it is now possible to make people pay outrageous sums of money for nothing. Bitcoin is valuable only because we are told it is valuable and we believe it.

      Compare that to something with inherent value. Take for example an apartment. If you own an apartment, you can rent it out, sell it or trade it. If you can’t do any of these things, it still has value because you can live in it or barter the use of it for something else.

      Thanks for stopping by,

      Gary

  11. Woa, that is incredible. I am a BC investor, on a small scale, but I have never heard of Bitcoin Code. It’s like the insurance scams they pull on senior citizens. There is so much confusion these days with cryptocurrencies, and the possibilities of making millions from 100 bucks. But I can’t believe scams like that are actually out there, why hasn’t he been arrested for fraud?

    1. Hi Millie

      Where are investigating? I’ve almost been caught by these scammers, i have registered, but haven’t made any deposit, fortunately
      @ Gary – how do I de-register myself? I can’t find the site to delete myself? Can you please help?
      Looking forward to hearing from you both?
      Regards
      Gayleen

  12. This is unbelievable — so disgusting and as you say, treacherous. The fact that they are unregulated is just awful and I am so glad I read this post. I often see stuff like this and often wonder if I should participate. Now I know better, and thank you for sharing this important info.

  13. A very informative article on a scam called “Bitcoin” Code. I am thankful that you have provided such detailed analysis of this scam and its creator Steve McKay. The post is also helpful as it guides us to find out for ourselves whether a particular site is a scam site or genuine by searching for the image on google and also paying attention to the existence of disclaimer clause on the site. This advice I am sure is going to help me in future as well.
    One thing to note here is that there are scamsters in the market because people like to believe that there is a shortcut to success and one can become rich just by the click of a button. So long as this thinking is alive there will be scams and a lot of scams in every corner of the world because scamsters know how to play with the psyche of the people.

    1. Hi, Alok Singh!

      You are so right. There will always be scams. In some ways, as you mentioned, it seems to be an art form, a dark art for sure. In many ways, a scammer is just telling people what they want to hear. The internet makes it so easy for scammers too, unfortunately.

      Thanks for stopping by,

      Gary

  14. The name already kind of throws you off. Some scammers really do think and live that scammer life and thus produce scammy names and scammy programs. Im happy you did this review and nailed it as not recommended. It shows you did it for other people which I’m sure a lot of people appreciate.

    1. Hi, Chris!

      I appreciate your comments. You wrote about the scammer’s life, I’m convinced they are not like most people. They are not capable of empathizing with others. Scammers may even get a high from tricking people out of their money.

      Thanks for stopping by,

      Gary

  15. Although I have not heard of the Bitcoin Code, it is nice to know the truth about it before having a chance to purchase it. I think it is sad that some people are willing to go out of their way to steal someone’s hard earned money.

    I do hope that at some point others that are looking to make money online realize that if something seems to good to be true, chances are it is a scam.

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