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Offline drdread  
#1 Posted : 13 September 2021 02:25:57(UTC)
drdread

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Can anyone explain what Bitcoin Loophole is and can I actually make money from this without trading knowledge?

Thanks for any responses in advance.. Applause
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Offline sirclesadmin  
#2 Posted : 14 September 2021 18:57:49(UTC)
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Bitcoin Loophole is a fake product similar to something like Brexit Millionaire.

It is and idea piggy-backed off of the idea of options trading of MT4 and MT5 when you can use algorithms to buy and sell contracts that speculate on stock.

Bitcoin Loophole is part of a boiler room scam whereby they tell you that yuou can make a fortune very easily with no work and you hand over your details including your phone number.

Once they have your number then they call and call telling you that they can make you rich and you just need to get signed up with this broker (who the website joins you up with automatically) and you deposit $250 USD or more and they then tell you what to do and you buy and sell whilst the real money is sent to the Russian mafia or whoever. The fake trading screen is designed to stop you realising what is happening until it is too late.

Edited by user 14 September 2021 18:59:05(UTC)  | Reason: Not specified

thanks 1 user thanked sirclesadmin for this useful post.
drdread on 06/10/2021(UTC)
Offline drdread  
#3 Posted : 06 October 2021 23:40:14(UTC)
drdread

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A friend of mine told me about something like this whereby they showed him a screen that made him think he was making money on the #10k he had deposited and so he added #15k more. The balance kept rising until he asked how to withdraw whereupon the balance began to dwindle towards nothing and the agents started to disappear.

He is a computer person who checked reviews before investing; so it is frightening that he could be taken in and ro bbed of #25k so easily.
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