Yes, you read the title of our unbiased review correctly! Yet again are we confronted with another bogus Ponzi scheme that has withered its way into the cryptocurrency ecosystem. Boasting some of the most ill-founded and absurd returns for your initial deposit are just among a few of the misconceptions exhibited by Bitcoin Solve.
Possessing all of the traits deemed necessary to be classified at a Ponzi scheme, we will unravel all the fabricated components found at BitcoinSolve.com and enlighten you with knowledge backed by facts as to why this operation is one that does not deserve your time or hard-earned bitcoins.
BitcoinSolve.com
What is Bitcoin Solve?
BitcoinSolve.com is an online investment platform that claims to professionally manage your deposited bitcoins through a variety of channels. Claiming to be the number one resource that experts in the stock exchange rely upon, we find these deceptive statements broadcasted on their site ridiculous at best. As with the vast majority of scams that we have blacklisted recently, Bitcoin Solve also employs the desperate credibility builder by making it well-known that they are “operated” by a UK company.
Filed under company number 10591498 and listed as Scure-Investment Limited, Bitcoin Solve claims this corporation to be their overseeing body. Contradictory to this assertion though would be how a WHOIS report will show that BitcoinSolve.com was created on October 15th, 2017 while according to the CompaniesHouse search Scure-Investment Limited was incorporated several months before the creation of this website on January 30th, 2017.
To further negate their claim, the Terms and Conditions found at BitcoinSolve.com make no reference of Scure-Investment Limited. This indicates to us that their alleged corporation is currently accepting zero liability for the ongoing operations taking place at Bitcoin Solve.
How does BitcoinSolve Work?
Investors who wish to waste away their bitcoins can register for an account through Bitcoin Solve. After you register for your account you must verify your account, log into your account then deposit through their platform. While BitcoinSolve mentions that they invest among numerous investment channels, only bitcoins are the accepted form of deposit at Bitcoin Solve. Prospective investors are able to enroll through 5 separate investment packages which are listed below:
New York Stock Exchange
Duration: 90 business days
Daily Return: 3%
Minimum Deposit: $10
Maximum Deposit: Unlimited
Accumulative Return: 270%
Hong Kong Stock Exchange
Duration: 45 business days
Daily Return: 6%
Minimum Deposit: $1,000
Maximum Deposit: Unlimited
Accumulative Return: 270%
Tokyo Stock Exchange
Duration: 20 business days
Daily Return: 10%
Minimum Deposit: $3,000
Maximum Deposit: Unlimited
Accumulative Return: 200%
London Stock Exchange
Duration: 35 business days
Daily Return: ~14.28%
Minimum Deposit: $20
Maximum Deposit: Unlimited
Accumulative Return: 500%
Shanghai Stock Exchange
Duration: 70 business days
Daily Return: ~14.28%
Minimum Deposit: $50
Maximum Deposit: Unlimited
Accumulative Return: 1000%
The Bitcoin Solve Scam Test
Does the website promote unbelievably high returns?
Unbelievably high returns may be a bit of an understatement regarding the ROIs promised at BitcoinSolve. It is evident to us that the returns promised through this site are meant to entice the investor so that they are more likely to deposit a considerable volume of bitcoins into their platform.
Does the site disclose information regarding their owners?
While BitcoinSolve.com mentions on their Home page that they are backed by a UK registered company, no reference or verification measures have be carried out to confirm this claim. We have seen numerous scam operations employ this same deceptive technique into the infrastructure of their website in the attempt to build credibility but in reality it only hinders the legitimacy of their operations.
Does the site evasively explain their operational model?
Without a doubt, yes. No reference can be found in relation to which stocks, commodities or options the team of investors allegedly employed through Bitcoin Solve are investing through. All the site really elaborates upon would be their investment plans and what prospective individuals can “expect” to receive for their deposited bitcoins.
Are any legitimate sites associated with the website?
There are no legitimate sites linked with BitcoinSolve.com. While this is unsurprising, in the future we suspect a good number of illegitimate sites to endorse this operation due to the referral commission structure they have featured on their site.
How popular is the website?
BitcoinSolve.com does not possess a SimilarWeb/Alexa global ranking yet due to how youthful of an operation their site is.
BitcoinSolve Review Conclusion
As you can induce from the information disclosed to you above, Bitcoin Solve is just another mediocre and illegitimate Ponzi scheme. While some characteristics featured on their site appear to be legitimate, in reality they are nothing more than easily compromised elements that fail to add any credibility to their outlandish platform. As with all operations that promote returns that appear too good to be true, we encourage all investors to stay well away from this fraudulent investment site!
Review Verdict: Bitcoin Solve is a SCAM!
Blacklisted Site: BitcoinSolve.com
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