Before you lose another Bitcoin into yet another mining scam operation, please take a moment to read our complete Bestcoininv Review. We have taken this supposed BTC mining platform and exposed it for what it really is. Included in our investigative report is a complete explanation of how the program claims to work as well as detailed information proving this site is not legitimate.
We NEED your help! Please consider sharing this post and helping us spread the word about the Bestcoininv scam! We also need you to send us reports of which HYIP programs you have invested in and which ones paid out and which ones stopped paying. The information you give us can be used to save other people from falling into a scam.
If you are reading this after losing your money, please note that because the scam artist behind Bestcoininv.com only accepted BTC deposits, it is pretty much impossible to trace and impossible to get your money back. In the future, please check with us before joining any online earning site.
Let’s get started!
Bestcoininv.com is a HYIP or high yield investment program that offers an ROI (return on investment) ranging between 7%-12% daily. There is no expiration on your initial investment as the website claims that they will pay these daily earnings “forever”.
Many of you may be wondering why we classified Bestcoininv scam as a HYIP instead of a Bitcoin mining platform. There is no evidence to prove that the creator of the Bestcoininv.com scam site is mining BTC. We, therefore, believe that this site is no different than thousands of other Ponzi scam HYIP sites that
What is BestCoinInv Scam?
According to latest Google stats, the mighty Bitcoin stands at a whopping 9988 USD. A decade ago, nobody could’ve even imagined it to be. In today’s market and stock exchanges, the trading graph of Bitcoin investments in on a continuous rise. This rise has given a chance to the scam artists to befool the young traders who invested in the cryptocurrency years ago and now want to trade or mine it.
Every now and then, several BitCoin scams are introduced. These main purposes behind these scams are:
To rob off the BitCoin from those traders who have it and have no idea as how to invest or mine it.
To lure the rest of the traders into a web of financial fraud which can cause them handover their investments over to scam groups.
Let it be known that Bitcoininv is a scam which will sabotage your financial status no matter whether you are a millionaire or an employed person. The promises which are being made by the scam artists of Bestcoininv.com scam are nothing but a hoax.
The orchestrators of Bestcoininv.com scam know exactly the needs of working class and they know how to exploit it. If you take a look at their website, you will be amazed and would love to invest in this program which promises to give you instant returns on your investments. The way these fraudsters are advertising their organized scam scheme is totally alarming.
If you are still not convinced, why don’t you take a look at our Scam List section on our site. We advise the readers to take a thorough look at the scams and you will find one thing in common. All of these scams, now including the blacklisted Bestcoininv scam, are piggybacking the recent successful wave of BitCoin. Posing themselves as a bunch of financial experts and top-notch marketers, while literally, they are a flock of losers and fraudsters.
Why BestCoinInv is Hiding their Experts?
The website claims that they have an extensive BTC mining operation that is headed up by BTC mining experts. In return for your investment, they will mine FOR you and pay you the share of profits that belong to you. This sounds great if it were real. However, as we began looking into the origins of their mining operation we came up with absolutely NO proof that they are mining at all.
1. Who owns and operates Bestcoininv.com HYIP scam?
The owner and admin have chosen to hide their identity from us. This is highly suspicious. A man with nothing to hide will not hide. So why did the owner chose not to tell us who he is? The answer to that is rather simple. In order to avoid tarnishing his reputation, he has hidden his name from the public. This scam site will only last about 2-4 months before closing down and the owner does not want people to come after him for their money. Never trust a site that fails to tell you who the owner is.
2. Where are the mining locations that supposedly bring all those huge profits?
The locations and physical details of the mining facilities are also hidden from the public. This is yet another red flag that no mining is going on. A real mining facility will be able to show you where they are on google maps because they actually exist. There is no location given for the mining facility because it doesn’t exist.
Keep in mind that every detail on Bestcoininv scam is simply a statement without any proof to back it up. This amounts to nothing but empty promises and fake details.
3. Are they trading cryptocurrency or managing assets?
No. Bestcoininv.com scam has not registered with any cryptocurrency broker and has not shown any reports or trading proof that would convince us that they are trading.
We know they are NOT mining and they are NOT trading. So how do they pay withdrawals? Keep reading!
Is Bestcoininv.com Paying?
After talking to many of our readers we can safely say that Bestcoininv.com is paying. But don’t get too excited! They pay each customer his first 2-3 withdrawal requests before stopping the payments. Most investors will immediately trust the company after being paid and continue to invest more and more Bitcoin.
One of our readers lost 2BTC! This is money he will literally never see again. He wanted to test the site so he initially only invested 0.006BTC. He was excited to see that his first 4 withdrawal requests were honored and decided to invest 2BTC which amounts to almost $20,000. That was over two weeks ago and he has not been paid since. He attempted to contact customer support numerous times but was not answered. He came to us for help. Sadly, because he used BTC, he will not be able to get his money back.
Bestcoininv Ponzi Scam Exposed
You are probably wondering how a site can pay withdrawals if they aren’t actually earning new money by trading or mining. The fact is that Bestcoininv.com is a Ponzi operation that uses the money from new investors to pay withdrawals. They do this very strategically by saving the majority of the money deposited for their own profits.
Ponzi scams have been the top method of online HYIP scams for the last 5 years. They all have a fake story about how they earn money. But you will notice they all share one thing in common. They are not regulated and offer zero proof to account for their earnings.
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Is Bestcoininv.com a Scam?
It is very clear to us that Bestcoininv.com is a scam. If you chose to invest in this fake company you might get paid once or twice but you’ll never get your original investment back. If you disagree with us, we’d like you to post below and show us your withdrawal proof!
Please don’t hesitate to contact us if you need help researching a HYIP site! We have data on thousands of sites that we can share with you when you ask!
Stay safe online and as always…