How many trading platforms are out there?…Hundreds. This probably means that so many people are getting rich just by investing a handful of bitcoins/dollars. Well, not exactly. There are some people making huge profits, indeed. The owners of those programs. The rest of the participants, unfortunately, lose money as those programs disappear after a few short months from the market. By why is that happening?…because people want to make money out of thin air. Who has time and energy for work?…Now we live in a modern space era, where bitcoins grow in invisible universal gardens.
This is why there are so many investing platforms, promising the Heaven on Earth. It is a response to the “Demand”…
This program looks like a bad copy of other fraudulent programs, but let’s dive deep before we make our final decision…
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Inside the BitCosmos Project
The homepage follows a futuristic space design, stars, planets, and a bitcoin spaceship. They say…” a bitcoin mining and trading company, where you can be a part of the peer-to-peer bitcoin community worldwide. This investment portal is an afterthought of mindful planning and guidance of technical experts to provide you the most profitable investment platform possible.
About Page
Highly profitable trades in cryptocurrencies and online marketing. Modern methods of business, personal approach to each client. Unique investment model. A reliable source of stable income. Modern mining equipment. Minimum investing risks.
Features
- SSL encryption
- Instant withdrawals
- Dedicated server
Statistics shown
- 96,000+ members
- Total deposits 188,000+ BTC
- Total withdrawals 42,000+ BTC
- Days online 12
Investment Plans
- Plan 1: 10% daily ROI forever, deposits 0.001 – 10 BTC
- Plan 2: 12% daily ROI forever, deposits 10.001 – 50 BTC
- Plan 3: 15% daily ROI forever, deposits 50.001 – 300 BTC
Cashout threshold – 0.0005 BTC
Affiliate Program
1st level 5%, 2nd level 1% commissions on referrals purchases. You don’t have to deposit in order to be eligible for referral commissions.
Social Media
The Facebook page does not indicate any admin. However, it is funny to find out that they claim to be a non-profit organization. The Twitter account with only 3 tweets has a huge Fake following of 11,500+ people.
FAQ – Terms – Important
- What exactly is BitCosmos Limited and which are the activities of the company?…A prominent representative of the international computer technologies market, Bitcoin encryption algorithms, and mining. A developer of hardware offering safe investments in this area.
- The company develops long-term relationships with customers and partners.
- Can I lose money?…No, you can’t. We make every effort to ensure the safety of your assets.
- You can deposit as many times as you want
- You can open multiple accounts.
Registration – Legal Docs
Companies house number 10876335, 32 Ratby Lane, Leicester, United Kingdom, LE3 3AW, incorporated on 20 July 2017. The name Joseph Garcia appears as the officer, +449725934862.
Owners – Domain
- Created on 2017-07-12 – Expires on 2018-07-11 – Updated on 2017-08-30
- Domain Name: bitcosmos.biz
- Registrar URL: http://www.namecheap.com
- Registrant Name: WhoisGuard Protected
And this is where another HYIP website has nothing more to present
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Final Thoughts
Are you interested in investing?…Do you believe that Bit Cosmos is a reliable company that can guarantee any earnings from trading activities?…Read on, for a full breakdown…
Apart from the registration documents, there is nothing to trust in that company. The domain was purchased anonymously, and the name that appears as the officer in the companies house listing, Joseph Garcia, probably has nothing to do with investing activities.
There is a man under that name on LinkedIn, with no photo on his profile, but there is no connection with the BitCosmos company.
A further research for that name uncovers an interesting article on the US Attorney’s Office website. Karen Ransom and Joseph Garcia, her husband, were sentenced to prison for an investing fraud scheme, back in January 2016. I don’t know if this is the same Joseph Garcia.
Anyway, the thing is that I have to be 100% sure before I invest any money. I have to be sure that I deal with real people that are not afraid to show who they really are. Where are the images of the owner of BitCosmos?…Nowhere. I have to be sure that I deal with real professionals. Where are the images of those experts that trade every day without losing a trade?….Nowhere?….Where is the expensive mining equipment?…How exactly are they producing those bitcoin algorithms?….They say that they develop hardware. But on the official website, there is nothing that can prove any of these shady activities.
They make everything under the sun to keep themselves under the radar. A non-transparent company.
Moreover, the statistics shown are totally fake. In just 12 days they managed to recruit over 90,000 members. Not only, the total deposits number mentions over 188,000 BTC. Let me convert this number to dollars. $813,852,000. Yes, 800+ millions of dollars. Funny, to say the least!
The fiasco continues with the Facebook page that is referring to a non-profit organization. A non-profit for the Facebook audience, but on the official website they mention trading activities, bitcoin mining, development of hardware….The Twitter account has a huge following of robots, with only 3 tweets so far.
Now let’s move on to the most important aspect of the program, the investment plans
They promise 10% up to 15% daily ROIs. You see, we don’t have to work anymore. How exactly they are generating so huge profits will remain a mystery to be solved for many decades to come. And here’s why…
During the last 20 years, we live in an era of economic downfall. Banks cannot offer interests that belong to the past. Do you remember 18% yearly ROIs?….Long gone are those days. 18% yearly. I remember this number, as a teenager. Now you’re lucky if you find a product that gives you 1%-2% yearly. BitCosmos, on the other hand, is promising 15% daily ROIs. Can you see the difference now?
And why on Earth a company that is generating so much profit in the trading markets want to share their profits with random people online?…Does it make any sense?
And here’s how Bit Cosmos is making money after all. It is a classic Ponzi scheme. Those programs use affiliates and their deposits as the only source of income. When someone registers and deposits, this money is being used to pay off those that invested earlier. This is illegal, of course, and the main reason why the program will vanish from the market very soon. Newly invested funds compensate earlier users. There are no trading activities, no bitcoin algorithms, no equipment, nothing at all. There is a system that makes the anonymous owners richer. And maybe a couple of their friends that deposited on day 1 might escape with minor profits.
The vast majority of participants is mathematically guaranteed to taste a bitter loss.
A program that you better ignore, unless you like to gamble a little bit. In that case, do not invest more than you can easily afford to lose.
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That’s it, another review has finished, here on Web Market Support. I am waiting for your comments and thoughts. Till next time.
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