British Bitcoin Profit Review
The British Bitcoin Profit System - What is it?
Let's have a look at their site:
Now the most important thing to bear in mind about cryptocurrency is that it is essentially a commodity. It can be bought and sold and it is, very much like currency used to be before 1914, reliable. They may mine another 2% of the market value in a year, so their will be some inflation, but it is a very reliable commodity because of the cost of the computing power and electricity required to maintain and derive it.
So there is not way to make a great fortune from Bitcoin any more, you have missed the boat. There may be opportunity with other cryptocurrencies like XRP or ETH but it is a gamble to say the least.
As the price of Bitcoin increases in these uncertain times, this website is using the press to entice people to send in their details and join a broker house to trade. This is a very bad idea. Trading houses are places where the inexperienced can lose a lot of money very fast and if they are not regulated in your territory then you have no way of recovering the funds.
So, with that in mind, let's have a look at the site and what it claims:
The British Bitcoin Profit is a group reserved exclusively to people who jumped on the insane returns that Bitcoin offers and have quietly amassed a fortune in doing so.
This sentence is at the beginning of every site that this group produce and if you actually read it properly, it means that you have missed the boat. If you jumped on Bitcoin at $100 USD then you have made 500x the money and so you are rich, that has nothing to do with the current situation. It would have to jump to $25M per coin to do that again.
The sites goes on with some 'testimonies' that are rather ridiculous but has not yet explained what the site is or what the product it is offering does.
Now the site proposes that the software they have invented makes a 99.4% accurate prediction of the market. This is a ridiculous idea. The market is dependent on what happens in the market, so as soon as you introduce an algorithm that lots of people are using, the market changes. There can be no constant percentage of accuracy that a software maintains. This is a huge red flag.
Now they claim that their advanced software is ahead of the markets by 0.01 seconds. This isn't just ridiculous, it is actually moronic. They are now claiming that this ridiculous software can see into the future, presumably using quantum computing technology, and predict the market because it has already seen the outcome. This is another huge red flag because it is pure science fiction. If you had invented a machine that could predict the future then you would already be in charge of the universe, so why sell it?
They also claim to have won 'a number of awards' and I can tell you now that this number is zero.
Various other claims are made such as you making 1100 EUR per day, which seems odd for a product called British Bitcoin Profit. They also tell you how much other people are making, which would actually be illegal if it were true. More Red Flags!
We can see their partners OnlinInvestmentsGuide.com are using a special URL for a landing page for Bitcoin Profit searches and taking a piece of the action too: