The Bitcoin Money Machine is definitely a joke besides the amusement value which it offers. The EMELI deep net Artificial Intelligence technology that it supposedly uses does not exist. Before you invest your time or more importantly, your money in this Bitcoin Money Machine scam, do yourself a favor and read this review. I know you want to know if you can make millions with this software, and we will find the honest answer to that together. This terrible excuse of a trading bot raises all the typical red flags of a scam, with the typical impossible revenue gains, useless scarcity with bogus “spots left” notices and fake Facebook posts. While this software might sound like a good Bitcoin auto-trader at first, and the marketing video might sound very convincing, we strongly suggest that you investigate the facts before you come to a final conclusion.
Unlike fraud websites that do not divulge this, we would love to point out something. Irrespective which link or site you use to sign up for this service, someone may get a commission. That includes links on this site. Our join links can be relied on, due to the fact that they are behind SSL HTTPS protection, so you can be certain of the origin.
Bitcoin Money Machine Review Summary
Annoying Browser Pop-Ups: Yes
Fake Scarcity Counter: Yes
Impossible Revenue Gains: Yes
Comes Across As Authentic: No
Convincing Proof of Profits: No
Probability of Being Bogus: 98%
Price: Free. Have to sign up with one of their brokers.
Auto-trading: Yes, fully auto-trading system
Available In: Australia, Canada, Ireland, New Zealand, United Kingdom
Bitcoin or Binary?
The whole Bitcoin Money Machines scam presentation centers around the fictional EMELI artificial intelligence and how it (she?) has identified thousands of “money machines”. The one example that is given is how the value of Bitcoin is tied to the Japanese Yen. I could find no such evidence, on the contrary, proponents of Bitcoin appear to be quite adamant that the crypto currency is not tied to other currency fluctuations. There might be some influence, but it certainly is not a direct relationship as is implied by their video.
The other aspect of the Bitcoin Money Machine scam offer that is not revealed in the marketing video is that all of the trading that happens on their platform is in fact based on binary options trading. Since they do not tell you anything about binary options trading, here is a quick overview if you are not familiar with this trading method.
Binary options are undoubtedly quickly becoming a favorite of investors as both a hedging as well as speculation tool. Although it seems reasonably new, binary options have already been traded for well over a decade. They were originally traded directly typically in between 2 institutional financiers, mainly hedge funds and investment banking prop desks. Retail investors needed to wait till 2008 before they were generally given the opportunity to trade binary options, and ever since the interest in this investment type has skyrocketed. Recently it has also become possible to trade Bitcoin market fluctuations using binary options trading contracts, and that is what Bitcoin Money Machine is doing.
When trading binary options you simply have to determine if the value of an asset (for example a Forex pair or stock) will fall or rise from the present price, compared to a specified time span. At heart this is actually precisely what Bitcoin Money Machine is going to do on your behalf. Using binary options, traders also do not need to bother with where to place your stop-loss, since market movement which occur before the expiration of the trade has no effect on the end result. This implies that regardless of whether the market surges up or drops down it makes no impact provided that the market finishes either above or below according to if your trade was a CALL or PUT.
Here's Why You Should Not Be Duped By The Bitcoin Money Machine
Their claim that “having $1,000,000 in your bank account is an honest reality” in as little time as one year is completely preposterous! They make completely insane claims about the amount of money you can make. There is no way that you should take the Bitcoin Money Machine software seriously, it's all just a bogus made-up story! If it's too good to be true, then that's just it!
We are never given any details about the EMELI deep net artificial neural network software that powers the Bitcoin Money Machine scam and there are no examples of how it works. During the entire presentation we are not even shown the face of the guy that is talking. We are not even treated to a Fiverr actor to at least give us some interaction. Don't you think that if someone created an artificial trading neural network that was so successful that they would at least have been able to create a better looking website for their big reveal?
Doesn't it strike you odd that the Bitcoin Money Machine that is supposedly capable of generating a million dollars a year would at least have made it possible for the developers to come up with a better presentation? Think about it.
Pick a binary options Auto-Trader That Comes With Proof
Now compare the Bitcoin Money Machine with systems like the Copy Buffett software or the more recently released CodeFibo software that is based on Fibonacci levels which is a well-known and very powerful trading methodology and suddenly things don't look too well for the Bitcoin bogus machine.
Bitcoin Money Machine Swindling Scam System Conclusion
Don't worry, it's not all bad news, even if you came to read this review hoping that you had found something that will make you some extra cash. Bitcoin Money Machine is not the system that is going to do that for you. Thankfully you have other options!
There are quite a number of other systems that we have reviewed on this site that is definitely better than this! Note that you should always make sure you are clear about the terms of any Bonus offers. Ask questions if there are terms or conditions that are not clear to you. All binary options brokers, with the exception of Nadex, are not regulated in the USA, so make sure you understand the implications. You can make money with binary options trading, just not with this less-than-reputable system. Please take a look at our recommended binary options systems and their reviews.
Also if you screw up and go for a bad system, or perhaps choose a decent system which simply will not work for you, we've got you protected with our “ETS Satisfaction Guarantee”. To check it out, click the badge below.