Before you become the victim of the newest viral HYIP scam, please read our detailed Bitsunset Review. We have been following this fake company for a few weeks now and we have the information you need in order to make an informed choice.
We NEED your help! In fact, we can’t make reviews without you! How can you help us? Simple!
– Send us your user experiences from any HYIP or trading site you have joined. If they are paying or scamming, we need to hear from you the truth!
– Please consider sharing this post on your social media accounts. The only real way to shut Bitsunset.biz scam down is by spreading the word that they are scammers. Nobody else is going after them, so please share our post to warn your family and friends!
If you have already lost money with this scam, contact us for advice. We can’t get your Bitcoin back, but we can inform you of options!
Let’s get started!
Official Website: https://bitsunset.biz/
Bitsunset.biz is a HYIP or high yield investment program that offers an ROI (return on investment) ranging between 6%-12% daily until the maximum amount of earnings has been reached. If you are earning 12% daily, there is no expiration date, so technically they are claiming this plan lasts forever.
However, in order to join the 12% plan, you need to invest a minimum of 1 BTC which most small-time investors will not be willing to do. We do NOT recommend joining ANY of the plans, and we’ll explain why below!
In order to explain why Bitsunset is a scam, you first need to understand what this website wants us to believe about who and what they are. Below we will list each of the claims that Bitsunset.biz scam makes and then disprove it.
This site is nothing but a malicious attempt to steal your money and manipulate you into giving them your financial information as well! If you have already joined, you need to stop giving them new money and just cut your losses. If you haven’t joined yet, DO NOT JOIN!
Bitsunset Scam Facts Explained
The website wants to convince you that they are a team of experienced Bitcoin traders and Bitcoin miners that have been worked for 30 years in the cryptocurrency field. This is the first lie you will see on their site, with many more to follow! Let’s examine each one.
1 – Bitsunset.biz is a team of experienced Bitcoin traders and miners that have been 30 years of experience with Bitcoin.
False! The most shocking part of this lie is obvious! Bitcoin was invented in 2009… a mere 8 years ago! Anyone that tells you they have been mining for Bitcoin for 30 years or trading Bitcoin for 30 years is either insane or downright lying to you. We argue that the creator of the Bitsunset.biz scam is both insane and a liar!
Why would they create such an obvious lie? Claiming that BTC was around for 30 years is insulting to your intelligence. Don’t fall for this bogus lie!
2 – Bitsunset scam is earning money by trading and mining.
Ignoring the first lie, we will now examine whether or not Bitsunset.biz HYIP scam has any real trading or mining going on. The answer to that question is a big fat, NO!
They are not trading or mining. How do we know? A real trading site needs to verify their trading results and have evidence of their business relationship with an honest and regulated forex broker. Bitsunset.biz scam is NOT regulated and has not registered their business with any broker. This means that they are NOT trading!
We also know that they are not mining due to their lack of credible information regarding the location of their mining facilities. Rest assured, this fake team of traders is NOT 30 years old and they have never traded or mined for BTC in their life. More lies create more lies, and the scam continues to grow!
Bitsunset.biz Ponzi Scam Exposed
The most remarkable fact of this scam is that we have been informed by several sources that Bitsunset.biz is paying. If that is the case, we are suspicious as to the source of these funds. We know that they are NOT trading and we know that they are NOT mining. IF Bitsunset is paying, how are they getting the money to honor withdrawals?
Where is their income drawing from? The answer to this is simple. Bitsunset.biz is a Ponzi scam. They are using the money from new investors to pay small withdrawals out to their older investors. By doing this, they create a false sense of security and the older investors continue putting more money in because they are getting paid.
This is all a mirage. A Ponzi scam built off the lie that they are mining or trading is the worst scam. Once new investors stop depositing money, there will be no money leftover to pay withdrawals and the site will simply stop paying. The worst part is that they will keep their site open for an additional 2-3 months in order to get more deposits. They will keep ALL of this money in their own pocket.
How are we so sure that this is taking place? We have busted hundreds of identical fake BTC mining scams over the last year. Hundreds. ALL of them closed within a couple of months of our review is released. The admin of the site is usually threatened when we expose his lies and he closes his site down and opens a new one. Don’t fall into his trap!
Who owns and operates Bitsunset.biz scam?
The owner or admin has chosen to hide his real name and face from the public. This is because he has most likely created numerous other scams and is taking money from multiple sources without paying back his own investors.
An honest businessman with nothing to hide will never hide his name. Remember that. If he doesn’t trust you enough to tell you who he is, why should you trust him enough to give him your money? It baffles us why people would throw their money into the trash can like this.
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Is Bitsunset.biz a Scam?
After busting this fake site we have no doubt that Bitsunset.biz is a scam. Do not trust them with your money and don’t recommend them to your family and friends. They will happily steal every last dollar you give them, and they will do it with a big smile on their face.
If you need help investigating a site or choosing a legitimate way to earn online, please contact us! We will do our best to help you!
Stay safe online and as always…