The Bitcoin Method Review, 2 SCAMS Same Fake App!

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The Bitcoin Method Review, 2 SCAMS Same Fake App!

Posted on by Patrick Jones

The Bitcoin Method Review and SCAM Investigation
The Bitcoin Method software and automated trading app by Joe Templeton is a blacklisted SCAM. Use extreme caution, this Bitcoin Method review is unique since it covers two different systems with the same name: Bitcoin Method. Our members have filed multiple grievances in regards to these fake bitcoin method apps, and at first the believed the site kept changing, so we were not able to get an actual link to what we believe to be the genuine Bitcoin Method website, login page, and members area. But then we finally understood that there are two Bitcoin Method websites and each one is trying to peddle a different kind of scam. The first Bitcoin Method scam is particularly dangerous in this context, as it acts as a kind get-rich-quick scheme which is constantly changing and very difficult to spot. We were also able to obtain information which indicates to us that we are dealing with a very sophisticated affiliate fraud ring which specializing in crypto scams. It should come as no surprise that with the surge in Bitcoin and other Cryptocurrency popularity, the amount of crypto scams have increased dramatically and Bitcoin Method is no exception. The second one is a more clever and seemingly legit or genuine software, but it is just as dangerous and will steal your money just as fast. It is presented by Michael Faust of “Digital Tycoons”. In both cases the identities are forged and designed to lend an aura of legitimacy. In the second one, they try to get you to signup for USI Tech, which by itself is extremely high risk since it is a bitcoin MLM multiplier in the guise of a bitcoin trading bot, and we will also explain what that means. So keep reading our fair and impartial Bitcoin Method review to see how we exposed these crooks and how get-rich-quick crypto schemes are being use to lure unsuspecting traders.

Official Websites: https://www.thebitcoinmethod.co, http://www.bitcoinmethod.co/

Bitcoin Method Review – Proof of SCAM
Below you will see a an image taken from both Bitcoin Method SCAM. The first has to do with Joe Templeton who is an image back actor and totally clueless about Bitcoin or any form of cryptocurrency trading.

The second, and more sinister one has Michael Faust saying he is the founder of Digital Tycoons. A simple Google search will prove that this person has no social profile and in reality does not exist.

What we do see is a subscription form and then you are redirected to signup with USI Tech which is a bitcoin MLM multiplier more commonly referred to as a Ponzi Scheme. The fact that you see a sponsor’s username means that they are getting referral commissions based on how much money you produce for the network.

Bitcoin Method Review
As mentioned previously, there are 2 bitcoin method scams. The first one with Joe Templeton is a classic get-rich-quick crypto scam which promises you instant riches at the click of a mouse. According to Templeton, he has access to automated trading software (AKA Bitcoin Robot) that generates profitable and risk-free trading signals. He claims you can make up to $14,000 daily with his Bitcoin Method App. The other Bitcoin Method is even more dangerous. It is presented by Michael Faust who is actually selling you lies in order to get you signed up with a ponzi scheme (AKA bitcoin MLM multiplier) named USI Tech. We have received a lot of questions in regards to USI Tech and if it is a SCAM or legit scheme. The answer is illusive since it really depends who you ask. To be specific, in a Ponzi scheme, the people who are close to the inner circle and start off first are the ones who make the most money. So if you ask them they will tell you that they made money which is true. However, as the base of the pyramid grows more people become disgruntled as the pie shrinks until the owners close up the scheme and advise all their members that the pyramid is shutting down. This is how USI Tech is built and eventually it will close down as new member registrations abate.

Is it Free?
In both case it is not free. The first requires an initial start up capital of $250 which is charged to your credit card by the broker. In the second case, you will be required to invest using Bitcoin or other crypto currencies and the Forex signals or automated trading tool is just a way to suck you in. Here the initial capital required is 50€.

In Reality
What we have here is a peculiar case where two groups of affiliate marketers have latched on to the same name, but each one is promoting a different type of scam. The more obvious one is very easy to spot as it is a classic get-rich-quick crypto scheme with all the usual tell signs such as fake testimonials, inflated bank accounts, and hyped-up and exaggerated claims of easy money. The second one is much more dangerous as it uses a seemingly legit Forex autotrader as a type of foot-in-the-door tactic. Meaning, once you are sold on the fake crypto robot you will be much more ripe for the plucking on the Ponzi Scheme.

Fake Reviews
We have seen a variety of fake review and despite all our knowledge and experience in exposing scams we are always amazed by how flagrant and brazen seemingly legit review sites accept cash bribes in the form of commissions while publishing favorable reviews.

Other Viral Scams Trending
The ones to watch out for are Bitcoin Code and Bitcoin Loophole

Forex EA’s. Signals, and Crypto Robots
There are new systems being launched on a daily basis, and all of them offer massive riches at the click of a mouse. Regrettably the vast majority of these apps turn out to be worthless scams designed to steal your money. However, our staff of researchers has compiled a short list of consistent cash-producing machines which have withstood the test of time. These are all proudly showcased in our recommended section.

Bitcoin Method Review Summary and Conclusions
Both Bitcoin Method SCAMS are BLACKLISTED! In an interesting and unforeseen twist of events we have stumbled into a rare case where in one scenario we have the fictious Joe Templeton and in another we have Michael Faust trying to suck you into his Ponzi Scheme and fake Bitcoin trading robot. In a nutshell, the shady unregulated brokers, crypto scam artists, and affiliate marketers pulling the strings behind the scenes come from different criminal backgrounds, but the bottom line is just the same. You are being manipulated and baited by cunning online marketers who are gunning for you wallet. In light of all the proof and evidence our staff has been able to produce, we are classifying both versions of the Bitcoin Method as a SCAM and advising our members and viewers to seek alternative investment channels. As always we’d like to personally invite you to check out our Facebook page and subscribe to our YouTube Channel.

  • Dan Miles

    I used USI Tech for the Bitcoin Method. They got me for 5K and Im still try to bounce back. These people are really nasty scammers