“Welcome to Bitcoininvest.eu. Double Your Bitcoins in 7 Days…” talk about starting off on the wrong foot. As you can see from the attached screenshot, this slogan is indeed the first thing you will spot upon accessing the Bitcoininvest.eu site, and it is just wrong. This is not your typical too-good-to-be-true proposal… it is something way beyond that. There is no such thing as doubling an investment in a week anywhere, in any vertical. This sort of “promise” is the first and biggest of many red flags that this HYIP operation raises as it makes its Bitcoin-trading pitch.
What is Bitcoininvest.eu?
Bitcoininvest.eu is a Bitcoin-focused HYIP scheme, which has apparently already stopped paying its victims clients. Here’s what the operator is trying to sell: apparently, behind the facade of the website, there’s a “team” of “professional traders” who are indeed so handy with cryptocurrency trading, that they can take your bitcoins, double them in a week’s time, and presumably generate some profits for themselves on the side. Although indeed, if they were capable of pulling off such a stunt, they would be much better off simply trading for themselves all the time.
Exactly who the people are who do the trading, is a mystery. Obviously, no one wants to lend his/her name to a scheme which will inevitable be exposed as a HYIP Ponzi down the line somewhere. We also never learn anything about the magical “trading methods” used by the team to accomplish the unreal results they boast about.
The website itself is registered anonymously, so no one has to step forth when the scheme inevitably goes under.
According to Bitcoininvest.eu, the operation provides great flexibility and insurance on the funds deposited by its victims clients. To provide a semblance of legitimacy, thus springing a more efficient trap to the gullible, or those truly itching to part with their bitcoins, Bitcoininvest.eu says that their company is registered in the UK, with the Companies House, under company #06964275. This registration means absolutely nothing in regards to financial safeguards though. It does not mean that there are in fact UK authorities out there keeping their eyes on what this scammer does…
The Operation is based in London, at 45 WELBECK STREET, W1G 8DZ,
ENGLAND. Their telephone number is +44 203 33936268. Support can be reached at [email protected]
Can I Trust Bitcoininvest.eu
With the above in mind, the answer to that would have to be a resounding NO. Mind you that some Ponzi schemes pay in the beginning, to draw new money into the mix, but Bitcoininvest.eu has been reported to have stopped paying some time ago.
Promises and Features
Bitcoininvest.eu offers three plans for those really looking to get rid of their bitcoins: there’s a Starter deal, which “only” offers 100% profit within 30 days. The minimum investment is BTC 0.01 with this plan, while the maximum is BTC 0.99.
The Expert Plan ups the stakes. The 100% profit level can be reached within two weeks with this scheme and the minimum investment is 1 Bitcoin.
The Deluxe Plan is the 1-week overachiever discussed at the beginning of this review. The minimum deposit with this plan is 3 bitcoins.
Question Marks and Red Flags
Everything about this operation is a giant question mark, and indeed, its incredible promises are the most prominent in this regard. The community feedback is quite abysmal about it too.
There are scores of reviews already out there exposing Bitcoininvest.eu for the fraud that it is. Actual users have also reported that the Ponzi scheme has stopped paying out a while ago.
BitcoinInvest.eu may have been slightly popular in the past, according to SimilarWeb, but its popularity has been on the decline for a while. Currently, it barely gets any visitors. Most people who still visit the site seem to be located in India.
Apparently, they rank pretty well on search engines for the very terms “Trusted Bitcoin Investment Sites,” “BTC Investment Site” and “Safe Investment your Bitcoins.” This explains why they still get some traffic.
If you have bitcoins, just hold on to them. Simply waiting out till the value goes up is a million times better investment than trusting your virtual money to a scammer like BitcoinInvest.eu.
Verdict: BitcoinInvest is a SCAM!
Blacklisted site: BitcoinInvest.eu
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