Bitcoin Code Review – SCAM OR LEGIT?!?

It is no secret that the crypto currency known as Bitcoin has been exploding in value. This is why trading services like the Bitcoin Code app have surfaced, to take advantage of this hype. You see, Bitcoin right now is a very profitable trading avenue, seeing as one single Bitcoin is worth more than $2,500. People who invested in this stuff a few years ago are by all means very wealthy right now. Even though it may seem a little late in this stage of the game, trading services like Bitcoin Code software have emerged in force and in large numbers.

While Bitcoin may be a very lucrative world at this point in time, if you are using any kind of automated trading system, you definitely need to watch out. One of the systems that you need to keep a watchful eye on is this one, hence why we are doing a Bitcoin Code scam review. Yes, there are good trading platforms for this computer currency, but Bitcoin Code scam software is not one of them.

thebitcoincode.com - The Bitcoin Code Website
thebitcoincode.com

On the outside, at first glance, it seems like a legitimate auto-trader that could actually generate a decent income for you. However, upon some further inspection, it very quickly becomes painfully clear that it is just another scam. It is not here to help you make an income, and in fact it does the opposite. If you like losing money, we would recommend burning it in your fireplace instead of investing it with Bitcoin Code software, because that way your money will at least heat your home and provide you with some benefit!

How Does The Bitcoin Code Program Work?

One of the most vital aspects of any trading program is its inner workings. How does it actually work to generate an income? What trading methodologies are being followed? What trading strategies are put in place? What do the underlying and overlaying algorithms do? These are all crucial questions that we need answers to if we are expected to invest any amount of money with Bitcoin Code software. Yet, the unfortunate reality is that we are never offered even a half decent or semi-coherent explanation for any of those aforementioned questions!

During the lackluster presentation video, we are constantly told that this trading platform has the power to make us very rich in a very limited amount of time. We keep seeing testimonials and reviews from people who have supposedly made it big using this program. However, what is really lacking here is our understanding of how the Bitcoin Code app works. Now, this is through no fault of ours, as we are experts in this field and have been doing it for a very long time. The fault lies with the phony bologna creators of this ridiculous software.

The reason why we are never told what it does, what algorithms are being used, and what strategies and methods are in place, is because there are none. It is our expert and experienced opinion that this software never truly makes trades at all, which is why we are never informed of how it works, because it doesn’t. We are simply told that it works well and it works fast, whatever that is supposed to mean. The only goal of these crooks is to get you to deposit money into your trading account, at which point it gets drained instantly and you are left with nothing at all.

Who Is Running The Show – Bitcoin Code Scam Software

One of the clearest indications that Bitcoin Code software is a total rip off has to do with the so called alleged owner and creator of it all. We are led to believe that the owner’s name is Steve McKay, a big time stock trader, BO expert, and former investment company owner. He tells us a pretty long story and definitely spins us quite the interesting fairytale. We are in fact referring to his story as a fairy tale because that is all it is, kind of like Snow White and The Seven Dwarfs. While the story sounds attractive on the outside, on the inside it is about as ugly as it gets.

The really funny part is that the crooks behind this ludicrous Bitcoin software thought they could trick us into thinking that Steve McKay is a real guy. To try and prove to us that he is a legit person, they show us some horrible picture of him staring out a window in a high rise office building. Well, surprise, surprise, that picture is nothing more than a stolen stock image. The image is available on Google images and many other image databases and is entitled “Portrait of a businessman looking at the window.”

The Bitcoin Code by Steve McKay

So, obviously this guy is a total fraud. To be fair, we should have known this right from the beginning. We only ever get to hear the voice of some random man, which speaks as we see the aforementioned stolen image. Whenever you are confronted with a presentation video that uses nothing more than pictures and voice over narration, you can rest assured that the whole thing is a scam. The only reason to be using voice narration is to hide the identities of the true criminals in charge of it all. The bottom line is that we have no idea who is in charge of Bitcoin Code software, and even worse, those running the show are actively trying to conceal their identities. This is not a good sign in the least and should be enough to send you running for the hills!

How Much Money Can Bitcoin Code Software Generate?

Something else that signals that a scam is afoot is the promise of such ridiculously high profits. Apparently, Bitcoin Code software can generate over $13,000 per day, every day of the week, thus making you a millionaire in a matter of mere months. Moreover, according to the official website, this program is completely risk free and never loses trades. Even more questionable is the claim of this software having generated over 18 million dollars in the last six months. Well, to say the least, there are just a couple of problems with the above statements and claims.

First off, in terms of trading every day of the week, that is obviously false. Markets are only open on weekdays, but are closed to trading on Saturdays and Sundays. Therefore, claiming to be able to execute trades seven days per week is just a downright lie. Moreover, we did a little domain registry check, and the website for Bitcoin Code has definitely not been up for the last 6 months. It is simply impossible for Bitcoin Code software to have generated 18 million bucks in 6 months because the software has only been around for a fraction of that time.

Furthermore, there is not a single trading platform in the world that can generate thirteen thousand dollars per day, plain and simple. This kind of tech just does not exist. There are indeed good trading services out there, but those can only rake in around $800 or $900 per day at most. Bitcoin Code scam software claims to be able to make in 1 day what other programs make in a whole month. Once again, this claim of huge profits is just a boldfaced lie.

Bitcoin Code Scam Review – THE VERDICT

The final verdict, beyond any reasonable doubt, is that Bitcoin Code software is a complete and total rip off. Literally everything that we are told about it is not true, it is false, or grossly over exaggerated at the least. These crooks think that they can lure in beginners and unsuspecting newbies through some bogus get rich quick scheme, but we are here to stop that from happening!

Verdit: The Bitcoin Code is a SCAM!

Blacklisted site: thebitcoincode.com

Similar Scams: BTC Robot & MyBitcoinBot

If you have been scammed by The Bitcoin Code, please share your story with us by replying below. You may also contact us via email. To join our member list and receive additional scam warnings from us directly to your inbox, please subscribe to ScamBitcoin.com!

16 Comments

  1. Jackson

    Bitcoin Code is a scam, there’s no doubt about it.

  2. John Brailsford

    Steve McKay is called Sven Hegel on the German language Bitcoin Code site using the same picture. Obviously a scam!

  3. jkuiper

    Uitbetaling account: #4589mBTC

    Goed nieuws Jacob,

    Er staat nog een bedrag open van 12.415 euro op uw Bitcoin account. Dit bedrag is zojuist vrijgekomen en kan uitbetaald worden. U dient dit te bevestigen.

    Naam: Jacob
    Email: jkuiper2@hotmail.nl

    Bevestig uitbetaling >>

    Account informatie #4589mBTC:

    Naam: Jacob
    E-mail: jkuiper2@hotmail.nl
    Land: Nederland
    Balans in bitcoins: 12.415 euro
    Account verloopt: 17/02/2018 deze bericht kreeg ik maar wil graag weten is het bedrieg of echt maar mijn account is al verlopen wou graag van u een antwoord op mijn email adres alvast bedankt jacob kuiper

  4. Aaron Sibabis

    Is there a link between QProfit System and Arotrade?An agent at Arotrade told me QProfit is the app which they(the broker) use.Are both scams?

    use.Are both scams?

  5. Keith

    What of the crypto genius, how legit is it?

      • Keith

        What if QProfitSystem? Actually what are the tale tell signs I should look for, what do all these scammers have in common, how can I seize through the real ones and the fake ones? Funny thing is there is another website similar to this one and it recommends most of these programs you condemn as scams. Website is called is-scam.com if my memory serves me well

        • Admin

          Will review qprofitsystem.com for you.
          Look for any too good to be true promises, such as making money on autopilot. There will never be a software that generates money on autopilot. Even if there was, you wouldn’t be able to use it. Is-scam.com is a money making site. For its owners! Referring people to sites who offer the highest referral commissions. I believe they can make up to $450 per client in commissions with some countries.

  6. Gabor Kiraly

    After signing up with 2 Brokers and deposited 300 and 350 $ wanted to start the Bitcoin Code software, but it was working only in the demo version! I think I`ll withdraw my money from there…

    Here is the german Impressum about the Bitcoin code on their site:
    ===================================================
    Impressum
    Kryptomarkt Broker Gmbh
    Agrippastraße 37
    D — 50676 Köln
    Telefon: (0049) 0221 – 241 194 008
    Fax: (0049) 0221 – 241 194 010

    Kontaktieren Sie uns: info@thebitcoinscode.com

    Postanschrift
    Postfach 453 175
    50886 Köln

    AG Köln: HRB 54973
    UST-ID: DE249287331

    Haftungsausschluß

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  7. gary bennett

    is etherium code a scam. it advertise no payment or credit cards and promise you thousands a day, it sound a scam cause it too good to be true, be nice to get your perspective, many thanks gary bennett

    • Admin

      It’s definitely a scam. Please avoid it.

  8. sunday

    Bitcoincode is a MESS! you are helpinig the Fraudster stoxmarkt. And you know that ! So you too are SCAMM!!!

  9. gary bennett

    steve McKay, I seen him before, the image is featured on the tradefintech website, have a look, regards gary i have declared way on scammers

  10. Debbie Gill

    Hello, I’ve received this email from BitcoinCode, thanks….

    View this email in your browser
    bitcoin
    This is an automated message to inform you about your current Bitcoin balance in your account.
    FIRST PAYOUT IS READY FOR YOUR CONFIRMATION
    Dear customer,
    Thank you for participating in our bitcoin program. We want to inform you that your bitcoin bonus is now availiable and ready to be withdrawn.
    account

    Account information #4589mBTC:

    Name:
    email:————-@bigpond.com
    Country: Australia
    Balance in bitcoins: 8765.67 AUD

    Account expires: 20/10/2017

    Confirm here >>
    Copyright © BitcoinCode 2017

    • Micheal Brodbeck

      This is My Bitcoin I have had mobile phone messages, emails, & quite alot of action that has to be caught up & fixed. Some grub is trying to take it off me. I have been trying to get it back in control but I have had plenty of action & it’s been a long time coming because in all this time trying to fix the issues that has been caused & so much contact that has failed because I have been unwell for the last 7-8 years I was admitted to a mental health hospital & diagnosed with paranoid schizophrenia & they failed to re diagnose my ADHD (That was done in my last stay by my doctor & proved I am still ADHD). So 7 – 8 years ago I got stuck in the mental health team, the medication absolutely took everything from me I lost all memories on & off all of this time. (Yes ALL of it) I could not remember anything. Had to open new emails, new mobile number even the the passwords for all my work on a website That I personally built myself with a friend of mine (also our beautiful daughters mother) I am on a Disability Support Pension (Centrelink Allowance) & that is controlled by the Trustee & Guardian (for like the last 3 years or more) I get $210 a week from my pension. Not enough to even survive comfortably not even close. I have spent the last few months trying to learn about trading developing etc & trying to fix my website if I can find it. PLEASE HELP GET MY BITCOIN BACK & GET IT ALL FIXED UP & CLAIM AS MUCH AS I POSSIBLY CAN

  11. Martin

    Hello,

    here is an email I got from this company. 🙂

    Hello Martin!

    I am Amy Gomez,the account manager of TheBitCoinCode ,the Autotrading Software you are registed to.

    As i told you , Today the company give an 100% BONUS to clients that join us today .

    Is a limited offer and is only for today and you have to take advantage of it

    Below is the link of the platform that we work with stoxmarket.com

    o We offer approx. up to 85% profits.

    o Minimum deposit to open account is 250$.

    We provide you with the automatically trading with a robot and the manually trading with a broker

    Steps how to activate your account:
    1.GO online at our website and click Logg in the green bottom stoxmarket.com

    2. After been logged in click at the right Corner bottom that says Deposit Funds
    3.Fill into your Visa Card Details or Master Card and then click Deposit Funds

    At the moment you activate your account with us I will assign you with a personal broker that will built you

    an investment plan designed for your needs and that will also be able to work around your schedule.

    We will provide you with the right signals and tools that you will need to succeed.

    Let me know,

    Kind Regards,

    Amy Gomez

    Account Manager

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