Today we will focus our efforts on bringing you the best and most comprehensive Cryptobitventures Review. This brand new HYIP is going absolutely viral right now, with HYIP review sites giving it a 5-star rating. This should attract the attention of anyone who wants to earn and invest their Bitcoin online. But before you get too carried away with the hype surrounding this new HYIP, we need to present you with the facts.
Cryptobitventures.com HYIP is both good AND bad. Below we will explain why we have made a deliberate decision NOT to join this HYIP and why you shouldn’t either. Remember, the choice is yours, but as with any HYIP, once you deposit your money it’s in the hands of the admin to do what they will. If you become the victim of a scam, your chances of recovering your lost money are incredibly slim. Never invest more money than you can afford to safely lose.
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Official Website: https://cryptobitventures.com
Cryptobitventures is a HYIP or high yield investment program that offers an ROI (return on investment) ranging between 3%-15%. We have outlined the plans below, but keep in mind that we are NOT endorsing these investment plans. We’ll explain more on why we have chosen not to join this investment program below.
ICO Package 1 – 3% Daily for 50 Days. The minimum investment is $100 and this plan offers instant withdrawals.
ICO Package 2 – 5% Daily for 40 Days. The minimum investment is $500 and this plan offers instant withdrawals.
ICO Package 3 – 15% Daily for 150 Days. The minimum investment is $300 and this plan also offers instant withdrawals.
How is Cryptobitventures.com scam earning money?
Cryptobitventures scam claims that they are a highly advanced crypto mining company that also specializes in cryptocurrency trading and ICO (initial coin offerings) investments. Their website comes complete with a series of videos that explain how to open an account, deposit, and compound your earnings. We were able to determine that rather than using one of the real users of Cryptobitventures.com scam to promote their site, they paid an actor from Fiverr to do the job.
This fact alone doesn’t prove that Cryptobitventures is a scam, but we have to wonder why somebody from the team of highly skilled traders or miners that supposedly work for them didn’t explain their own program. Instead, they used an actor that isn’t even a real member.
We did some fact checking into the claims that Cryptobitventures scam wants YOU to believe. Below is a short list of blatant lies that we uncovered on the website.
Cryptobitventures Scam Lies! The shortlist.
Before you join any HYIP you should always look for a few basic pieces of information.
What is the name of the owner?
Is the business legal?
What proof is offered?
Unfortunately, Cryptobitventures.com scam failed to meet our requirements for all of these questions, and in some cases were caught lying about their personal information!
1. Who is the admin or owner of Cryptobitventures.com HYIP?
The owner has not revealed his name nor the names of any of his team. This typically is a sign of scam because it means that the people running the scam don’t want anyone to come after them when the program falls. They are most likely Russian or European based due to the language used on the site.
2. Is Cryptobitventures HYIP scam a legal business?
They do have a legal registration number in the UK, however, this business license does NOT mean they are regulated or being watched for signs of fraud. Anyone in the world can purchase a UK business registration number online in a matter of minutes. In fact, every single scam we busted last year that stole a combined total of millions of dollars ALL had legal business registrations within the UK. So watch out!
Is Cryptobitventures.com Lie Exposed!
Our Cyrptobitventures Review exposed that Cryptobitventures.com is using a fake address on their site and claiming it is their personal business location.
18 Maple Grove, Brentford, United Kingdom, TW8 8NJ
This address actually belongs to a private residence in the UK, not zoned to conduct business from. There is a real family living at this address that is not involved with the Cryptobitventures scam at all!
Is Cryptobitventures Paying? What proof have they given?
The site has been running for a little over one month at the publication of this review (December 2017). We were able to determine that Cyrptobitventures.com is paying, however, we do not believe they will continue paying for longer than 6 months given the lack of proof they have given.
What proof is there that Cryptobitventures.com HYIP scam is truly mining or trading cryptocurrency? Good question! There is currently NO proof to establish the honesty of their business description. We searched their site for information regarding which regulated forex brokers they work with to conduct their trading and we found nothing.
It is highly likely that Cryptobitventures.com is a Pyramid scheme that uses the money of new investors to pay the withdrawal request of older members. This business model is not stable and can crash at any moment, so please don’t join unless you understand that you are engaging in a high-risk investment program that will not last longer than a year.
Is Cryptobitventures a Scam?
As we said at the beginning of our Cryptobitventures.com Review, there is some good and some bad about this HYIP. The good news is that they are paying but the bad news is that they have failed to provide our team of researchers with proof that they are trading or mining. Additionally, they have been caught using fake details to prop up the fact that they have not revealed a single personal detail about any of their admins or traders.
We have no choice but to declare that Cryptobitventures is a scam until their admin contacts us an provides us with the proof we require!
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