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You're Reading:BTCKnown – A Financial Paradise Only for the Anonymous Owners

BTCKnown – A Financial Paradise Only for the Anonymous Owners

by Tasos

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Jul 9, 2017

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I landed on a recently launched investing platform that is promising to grow bitcoins for all members, The formula is simple and follows the model of the latest HYIPs. Invest, let a team of experienced traders do the hard work for you, withdraw your earnings. And you might wonder.!…Is every investor making money with those systems?…Or is this somehow a scam targeting innocent people?…

Let’s dive deep before we make our final decision…

 

 

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Inside BTC Known

 

 

Visitors are being welcomed with 2 full sized images on the homepage. The main headlines are very tempting…

  • No risk to earn money
  • Simply invest here and start earning
  • Great profits the easy way

 

Welcoming message

BTC Known Ltd investments are not only suitable for experienced cryptocurrency users, but also for those who first encountered this revolutionary phenomenon.

 

The rest of the story is a well-known script found on various HYIPs online

 

 

btcknown

 

 

A team of experienced traders in the crypto markets. The financial experts ensure effective and quick analyzing of any situation. Regular gains to private investors. Grow your funds without any risk to your capital. The trading team is currently focused on bitcoins. They utilize automated trading strategies to take benefits of small, predictable price movements that enable consistent profits. They use cloud-based technology for the purpose of cryptocurrency mining.

 

 

Investment Plans

 

  • Tenant: 130% ROI after 24 hours, deposits 0.01 – 0.49 BTC
  • Soldier: 150% ROI after 3 days, deposits 0.5 – 1 BTC
  • King: 180% ROI after 7 days, deposits 1.1 – 4.9 BTC
  • Kingdom: 200% ROI after 10 days, deposits 5 – 10 BTC

 

Minimum withdrawal limit is set to 0.01 BTC. There is 5% fee on every withdrawal request.

 

Affiliate Program

3% to 5% commissions on referrals purchases.

 

FAQ – Terms – Important

  • What exactly is BTCKnown?…An investment product of an international company from Panama, widely represented in the trust management market.
  • Only 1 account is allowed
  • No risk is involved
  • Only bitcoins are accepted
  • You can deposit as many times as you want

 

Registration – Legal Docs

I could not find any document published on the official website. I performed an online search as well but there is no relevant information. This company is not registered.

 

Owners – Domain

With the help of the whois database, I uncover the registration date for the domain btcknown.com, 24 May 2017. The owners as usually are hiding from the public using privacy protection.

 

This is where another HYIP website has nothing more to present.

 

 

btcknown

 

 

 

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Final Thoughts

 

 

Are you interested in investing?…Do you think that BTCKnown can guarantee those fancy ROIs?…You might even think that you won’t have to work again?…Wait, there is more to the story…

 

The company is not even registered. No document could be found on the official website. Additionally, the domain was purchased anonymously. We can’t track down who owns the company and this should be a primary reason for every potential investor to stay away.

Furthermore, the trading activities of the company can not be verified. Who are the mysterious traders that supposedly make everything to ensure great earnings for all members?…How exactly they mine bitcoins?….Where is the equipment?…Where are the facilities?…The FAQ section refers to an international company from Panama without revealing any information at all.

 

Before I invest I have to be 100% confident that I deal with a real company with real people that are transparent. Here, BTC Known makes everything to keep privacy for the owners. How can we be sure that the team consists of highly experienced traders?…We can’t.

 

Now let’s discuss about the most important factor, the investment plans

 

Although the ROIs presented are somehow not extreme compared to other fraudulent HYIPs, still, they do not convince me. I believe that we deal with a low-quality program and here is why. Investing in the financial markets is a dangerous model even for highly experienced players. No one can guarantee any earnings.

They mention 130% ROI just after 24 hours. In 3 days the final ROI is set to 150%. And they double your money in just 10 days. Is that possible?…Let me tell you, any program offering more than 10% yearly should be avoided. How can BTCKnown can generate so much profit remains a mystery.

More importantly, if they can make that much money, why do they want to share those profits with random people online?…Does it make any sense?

 

All of the above details leave me no choice but to mark the financial opportunity as a fake Ponzi game. What happens with those programs?…I have to disappoint you but all money coming in BTC Known is funds from affiliated members. Newly recruited users deposit in order to compensate earlier investors. This is of course illegal, and when recruitment slows down no new money will be rolling in to justify the fancy ROIs. It is when the anonymous owners will shut down the website, preparing for their next Ponzi plan. The vast majority of participants is mathematically guaranteed to taste a bitter loss.

 

A program that should be ignored.

 

Related

 

 

Looking for Ways to Start an Online Business? Here’s a List of the Best Solutions

TOP RECOMMENDED PROGRAMS

 

 

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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