What is Bitcoin Billionaire?
Bitcoin Billionaire is An Exciting New Option for Trading Bitcoin
The important word here is option which means you are options trading, or CFD trading which is illegal not only to offer in the Unites States, but even to solicit.
The site does tell us that it will explain how to use Bitcoin Billionaire and give us reasons to invest in Bitcoin.
Well there are seemingly reasons to invest in Bitcoin. Firstly it is not just a Ponzi scheme with no limits or real indicators fo inflation like the current Rothschild post-Gold Standard system, it is effectively bound by an inbuilt Gold Standard in that it is open source and cannot be mined without a certain amount of dedicated computing power. This limits the amount that can be mined in any given time and so, is similar to gold. This means it has an intrinsic value and that effort has to be put into owning it, which, once again, gives it a value. It is representative of CPU power and the more power it takes to make, the more it will cost, as we see from the price history of Bitcoin.
This may well mean that spread betting on Crypto currency is not such a bad idea, as long as you do it long term. The price of processing power is going up as the coins require more to mine, so it has to be a good bet for three months or a year, doesn't it? Well if you throw in lockdown then there is little chance of a correct prediction as one word from the head of state and everyone gives up going to work. This is an uncertain time for everyone except eBay, Uber, Amazon and Google. For them however, it is a god send.
Trading options on Bitcoin is risky - it takes further investment to stay in things like spread betting and CFDs when the price goes the wrong way and cryptocurrencies have a habit of running on a trend as everyone moves in and out of tether in an effort to maximise profits. This means that a bad run can quickly accelerate and spread betters or CFD option traders will lose all of their money unelss they keep piling more and more cash in. Very risky...
Let's have a look at what they claim this Bitcoin Billionaire actually does:
Bitcoin Billionaire does all of that for you. We designed Bitcoin Billionaire based on our own algorithms and projections to create a great Bitcoin investing machine. Spend a bit of time with Bitcoin Billionaire every day and set some of your funds aside for investing with the software. Since we make Bitcoin Billionaire using algorithms and projections that are proven to work, this takes a lot of guesswork out of investing. This is especially helpful if you’re not very experienced in investing and want to make it as safe as possible without working with an expensive broker.
So there is not an actual description of the software just a vague idea that it is an auto-trading algorithm and that it will make a profit. Well here is the beginning of a very bizarre claim - that an algorithm can predict the stock market - whereupon we arrive at an obvious truth. No one can predict the stock market unless they control it. An algorithm with a lot of capital to trade will change the market and therefore alter the required algorithm to succeed on the market. No algorithm has ever continued to make a profit on the market, sooner or later, they lose all of your money.
This is import to remember - Auto-Trader claims = scammers!!
Worst of all it has the same warning as Bitcoin Superstar:
We work with multiple third parties and may transfer your personal details not only to the company described in the website, but also to other third parties, including non-affiliated business partners in the cryptocurrency field, and transfer or disclose your personal details for their business or commercial purposes. These third parties may use this information to contact you or to carry out their own business and commercial purposes. There are some options that the trader can trade – by software, by human brokers, by himself and it's his responsibility to choose and decide what is the right way for him to trade.
Important Risk Note: Trading can generate notable benefits; however, it also involves a risk of partial/full funds loss, and should be considered by initial investors. Around 70 percent of the investors will lose money. Carefully read our terms & conditions and disclaimer page before investing. Customers must be cognizant of their individual capital gain tax liability in their country of residence. It is against the law to solicit United States persons to buy and sell commodity options, even if they are called ‘prediction' contracts unless they are listed for trading and traded on a CFTC-registered exchange or unless legally exempt.
This is another page for scammer broker's to get your contact details!
VERDICT: BITCOIN BILLIONAIRE IS A: SCAM!!!
Do not send any details or any of your money to these scammers!!