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Steve McKay

Bitcoin Loophole Review, Malicious Crypto SCAM Exposed!

May 4, 2020 by Patrick Jones 18 Comments

The Bitcoin Loophole crypto trading software by Steve Mckay (not to be confused with the Bitcoin Code) is a blacklisted and recycled SCAM. In our detailed Bitcoin Loophole review and investigation, we will provide all the proof, evidence, and explanations required in order to validate our initial findings. Genuine Bitcoin trading apps and strategies exist, however the Bitcoin Loophole is not it and the complaints have started coming in by the dozens. First of all, you should be aware that the brokers integrated with this fake app are shady and unregulated. When we signed up the broker which as assigned to us was named Broker Official. This offshore broker offers Forex CFDs as well as binary options, technically speaking this platform is illegal and these types of operations are “here today gone tomorrow”. The people behind this SCAM are unethical affiliate marketers who understand how to bait and entice unsuspecting opportunity-seekers looking to cash in on a legit crypto app. Needless to say, you are being led awry.

You can’t afford to get scammed! That’s why we are warning all our members and viewers in regards to this get-rich-quick scheme and advising them to avoid this system at all costs. It’s also worth pointing out that the promoters of this vile scheme specialize in SPAM email marketing tactics and false advertising techniques such as phishing and click baiting. Please refrain from clicking on any links related to the Bitcoin Loophole as we have already received complaints of malware and viruses in the form of .exe files being downloaded on PCs and mobile devices without consent. Keep reading to see how we exposed this crooks and why we believe Bitcoin Loophole is a confirmed investment scam.

Official Website, Login Page, and Members Area: bitcoinloophole(dot)co/

2019 Update: This software is currently being re-marketed as the Bitcoin Secret Loophole. There are other versions of this software, but the end result is always the same. You end up losing your money.

Proof of SCAM:
Below you will see a screenshot taken directly from the Bitcoin Loophole sales page. In it, McKay clearly says “I’m a developer turned investor”. Right next to it you will see Max Carney from the Crypto Wealth Creator claiming he is also a software developer turned investor.

The obvious conclusion is that the narrative has been rehashed and minor adjustments made in order to make it seem less obvious. But its still the same crooks with the same tricks only the graphics and sales videos have been altered to throw the scent off.

As if you needed additional proof, here we have the registration page of 3 other duplicated scams being perpetuated by the same rogue affiliate network. You can clearly see the registration form looks the same only minor graphic adjustments have been made.

Bitcoin Loophole Review
Over the last 90 days 3 individuals gained true financial freedom from Bitcoin! That is how the sales video starts. Immediately, $14,000 were transferred during the first day after signing up for Mckay’s “revolutionary software”. Joining the Bitcoin Loophole is the first step to achieving success beyond your wildest dreams! But timing is everything, and if you don’t act now you will miss out on your opportunity to cash in on the “next big thing” and leave all your financial worries behind.

Over $500 an Hour Or Worthless Piece of Trash?
The app is being touted as freeware (which is a lie). McKay says that today people around the world are taking advantage of the Bitcoin boom, and you could be next!

Who Is Steve McKay
According to the story he is a software developer turned investor who wants to teach his techniques to others. They call him “the million dollar man”.

How Does the Bitcoin Loophole Work?
He created a software that allows traders to trade Bitcoin “without buying Bitcoin”. That was a system he developed for his bosses while working for a Wall Street investment firm. His boss stole his software and made millions, so McKay started trading and after an initial investment his money nearly doubled. Today it is a fully automated signals app which makes profitable trades with no risk.

Is It Free?
Absolutely not! This fake piece of fraudulent software will cost you at least $250, and that money will be charged to your credit card by rogue offshore brokers who care nothing about your financial state of affairs and will steal your money in a New York minute.

Fake Reviews
Yes we have some of those as well. We have seen fake Bitcoin Loophole reviews so please try to be careful before you test the waters. These so called “honest review sites” are getting bribes in the form of commissions to write favorable reviews.

In Reality
This is a rehashed crypto scam and a classic get-rich-quick scheme. All the tell signs are there for you to see. We are witnessing fake testimonials, hyped up and exaggerated claims of easy money, inflated bank accounts, and outright lies and fabrications. The narrative has been rehashed so many times that its just nauseating.

Other Viral Scams Trending
The ones to watch out for are QProfit System and Crypto Wealth Creator.

Bitcoin Loophole Dragons’ Den
We have received multiple complaints indicating that Bitcoin Loophole is being promoted via fake news advertisements related to the Dragon’s Den cast. It’s worth pointing out that this type of false advertising practice is extremely misleading (not to mention illegal), and we encourage you to come forward and let us know if you have been exposed to this type of fake ad.

Signals Versus Trading Robots
If you are in the mood for Forex EA’s, Signals, Crypto trading systems, and Options trading systems we have them all. The creme of the crop is proudly listed in our recommended section. You can check them out by signing up now.

Review Summary and Conclusions
The Bitcoin Loophole SCAM software by Steve Mckay is totally blacklisted. In our detailed Bitcoin Loophole review we have proven that it is a deceptive, recycled piece of trash technology. Today we know that it was designed with pure malice and the deliberate intent of defrauding unsuspecting victims and stealing their hard-earned money. The band of thieving affiliate marketers and promoters pulling the strings behind the scenes are known criminals and have a checkered past. These crooks specialize in credit card fraud, identity theft, software manipulation (rigged and set to lose), and a host of other unsavory specialties. In a nutshell, if you are searching the internet for a legit or genuine crypto robot or signals app, the Bitcoin Loophole is most definitely not it. If you decide to test the waters and deposit, we can guarantee that you will end up losing your money and end up with a hefty dose of frustration, anger, and guilt so don’t say we didn’t warn you because ultimately its your responsibility to make an informed decision based on the facts presented to you by our research staff. In light of all the damning evidence our staff has produced, we are compelled yet again to blacklist the Bitcoin Loophole and advise our members and subscribers to seek alternative investment channels. We can always be reached on our Facebook Group and YouTube Channel, so don’t forget to join and subscribe to get updates.

Filed Under: Bitcoin Scam Reviews Tagged With: Steve McKay

Bitcoin Code Review, SCAM Bitcoin Code App Exposed!

April 14, 2019 by Patrick Jones 41 Comments

The Bitcoin Code software and trading robot (not to be confused with BTC Robot) by Steve McKay is a deceptive SCAM and we blacklisted this fake Bitcoin Code app in our factual and impartial review and investigation. If you were misled by this band of crooked affiliate marketers and would like to complain, you are definitely not the first. Our complaints hotline received multiple grievances in regards to the Bitcoin Code scheme, and all of them are justified and provide us with as much proof and evidence as needed in order to validate our suspicions. A word of caution, this financial scam has nothing to do with any form of cryptocurrency, least of all Bitcoin. This is a vile plot which is was contrived by unethical online promoters and filthy offshore brokers with the sole intent of defrauding and stealing money from unsuspecting opportunity-seekers. These rip off artists are particularly successful because they are exploiting the recent surge of Bitcoin popularity, and in this context employing a kind of piggyback strategy designed to get you to drop your guard and buy into this Bitcoin cryptocurrency scam. Our staff immediately spotted this get-rich-quick scheme and right away we understood there’s nothing legit or genuine here, besides the intent of the crooks pulling the strings behind the scenes to defraud you and fleece your wallet. Keep reading to see how we exposed these charlatans and why we believe the Bitcoin Code is a dangerous and confirmed financial scam.

Official Website, Login Page, and Members Area: http://thebitcoincode.com/

Update: Bitcoin Code is also being marketed today as iBitcoin Code.

Proof of SCAM
Below you will see a picture of “Steve McKay”, the “Genius behind the Bitcoin Code“. Right next to it you will see a picture of a “handsome businessman working with a laptop”. It’s very plain to see that McKay is a fictional character which does not exist. His picture, as well as that of “Chris Hadid’s” were both stolen from the internet without consent. Hadid is actually a French Anthrolologiest named Jean Edouard Gresy and when we messaged him about his picture being stolen he called his lawyer about a law suit.

Quick Update: We have recently published a YouTube video in regards to the Bitcoin Code Scam. We believe it is worth watching and listening to as it encapsulates the spirit of our review and also provides additional insights from a more personal perspective. We also published a follow up review. Please make sure to read it and see how the scam works.

Moving along, here we see a fake testimonial by a cheap fiverr actor named hanoi66. In this gig the performer is spewing lies about how he invested $250 and made thousands of dollars in a matter of days.

And here is the last nail in the coffin. When you finish the registration process you are not referred to a legit bitcoin exchange or blockchain mining platform. Instead you are referred to some crappy offshore broker (in our case it was option 888) who will spare no expense at manipulating you into funding a rigged trading account.

Bitcoin Code Software Review
The sales video starts by saying that in the past 90 days 3 people have had their lives change after investing in bitcoin. Then it goes on to say that over $13,837 were cleared into the bank accounts of new Beta Testers during the last  24 hours only. And now it’s your turn to join the Bitcoin Code!

Then we have the infamous banjoman15 lying through his teeth about how much money he made through this software while trading Bitcoin, and now he is on his way to becoming a millionaire for the first time in his life during the next 30 days.

Bitcoin is the “new opportunity on the horizon”, but you will only be able to profit if you are one of the early investors. This is why this offer is for action takes not tire kickers, so you must move quickly before this opportunity passes by and you are left with nothing except a hefty portion of “regret and frustration.”

Who is Steve McKay?
A software developer turned investor turned millionaire-maker. He was NOT featured on Forbes or CNN (we checked it), and the 100 Million Dollar man is a pure invention. According to the story 3 years ago he knew nothing about investing, he was just a developer working for a Wall Street firm. One day his boss asked him to work on a new bitcoin software for rich clients. Turns out his boss tricked him into inventing his personal ATM software (a virtual cash cow). Eventually McKay tried it for himself and since then he never had to worry about money again. Now he is giving it away to 25 new beta testers because it’s his dream to create new millionaires.

Life Changing Opportunity?
Not really! $550 an hour, every hour for the rest of your life! In reality this is a binary options scam which uses bitcoin as bait. Don’t fall for it, and don’t say we didn’t warn you because you will end up having your money stolen. We have all the classic tell signs including hyped-up and exaggerated claims of easy money, inflated bank accounts, fake testimonials, and just outright lies. The narrative is also thin on content and does not make much sense. No one explains how this new app works and what are the risks which are involved.

Is it Free?
No, and they even say it costs at least $250 so that’s the only fact they didn’t lie about. The rest is full of fabrications and half-truths.

Fake Reviews
We are actually one of the first ones to review the Bitcoin Code, so there is not much out there just yet. But give it a few days and we are sure you will find some “reputable website” which will write a favorable review for a decent bribe in the form of commissions or just a flat fee.

How To Differentiate Between a Legit Bitcoin Exchange and a Scam
When investing in BTC one has to search for a reputable broker or exchange like Bitmex, Cryptopia, or BitFinex. The way Bitcoin investing really works is in many ways similar to Forex. You can either trade the margins and profit based on market price changes, or alternatively purchase Bitcoins for a fee from a licensed brokerage and then sell or hold on to it according to market rates and fluctuations.

The Bitcoin Code is neither of the two, hence it is a SCAM by definition. The way it works has nothing to do with market feeds or advanced trading algorithms. What you have in place are sneaky brokers who are simply adding another fake asset to their offering and are in essence controlling the payout percentage. In other words, they are manipulating the trading software (which is totally rigged) so you would lose your money and they can collect your losses. That is the essence of what Bitcoin Code is about. If you really want to invest in Bitcoin just leave a message below and we will point out a few legit options.

Viral Scams Trending
The hot scams trending these days are Quantum Code (as usual) and Binary Robot 365.

Signals Versus Trading Robots
If you are deliberating and not quite sure then you are definitely not alone. Our staff of diligent researchers has combed the internet in search for the best and most consistent money-producing apps as well as profitable crypto systems. We have shortlisted the few we believe to be worthy in our recommended section, so feel free to check it out.

Review Summary and Conclusions – Confirmed Scam Without a Doubt!
The Bitcoin Code app and automated trading software by Steve McKay is sleazy investment scam designed to bait innocent day traders and trick them into registering with and funding trading accounts under false pretenses. Don’t even think about joining this thieving program, and don’t say we didn’t warn you about it. If you do decide to test the waters and divulge your financial information such as credit card number, you should not be surprised if you are overcharged or alternatively receive an inflated credit card statement with strange charges. The people operating this SCAM are professional con artists specializing in identity theft, credit card fraud, and software manipulation. The second you deposit your account balance will most likely disappear so you can kiss your money goodbye. If for some reason you believe the Bitcoin Code to be legit or genuine, then maybe online trading is not for you and you should probably be doing more research about other ways to make money online. To finalize, once again we have no choice but to blacklist this cheating software and refer our members to more reputable systems. Don’t forget to join our  Facebook Page and YouTube channel for more updates.

Filed Under: Bitcoin Scam Reviews Tagged With: Steve McKay

Bitcoin Secret Loophole Review, Bitcoin Secret Loophole SCAM Exposed!

February 1, 2018 by Patrick Jones 2 Comments

The Bitcoin Secret Loophole app, software, and automated trading robot (recycled from the Original Bitcoin Loophole by Steve McCay) is a BLACKLISTED crypto SCAM! If you are you searching the internet for a detailed and informative Bitcoin Secret Loophole review and investigation then look no further! Our staff has produced all the required evidence, proof, and insights required in order to provide a factual groundwork which validates our initial claims of a financial scam.Additionally, a fresh flurry of complaints has indicated that we are dealing with a highly sophisticated affiliate marketing fraud ring which operates from a variety of geographical locations. We also know for a fact that the crooks involved with the Bitcoin Secret Loophole SCAM are also responsible for funding and managing illegal HYIP’s and Ponzi Schemes. To make matters worse, we have received initial scam reports that sleazy sales reps operating in the guise of legit brokers have literally called customers (that’s you) during strange hours of the night and badgered them profusely about funding their accounts. False pretenses, lies, manipulations, and half-truths are consistently being used in order to victimize and cheat innocent opportunity-seekers in order to steal their money. Victims who are baited by the Bitcoin Secret Loophole scam experience previously unsurpassed levels of tenacity and persistence on the phone and via SPAM email marketing. The insatiable appetite of these thieves keeps growing and to fulfill their constant need of dirty money, they view you as their personal cash cow. In essence, they are using the highly deceptive and misleading nature of the Bitcoin Secret Loophole app in order to trick you into funding trading accounts with unlicensed offshore brokers. In a recent interview by the BBC, Andrew Bailey of the UK Financial Conduct Authority has clearly stated that “people are being lured into buying cryptocurrencies by pictures of expensive watches and cars”. In other words, he is saying that get-rich-quick crypto scams such as the fraudulent Bitcoin Secret Loophole, are gaining traction and people are getting ripped off on the internet. Keep reading our informative Bitcoin Secret Loophole review and see how we exposed the crooks behind this fake app.

Official Website, Login Page, and Members Area: https://bitcoinsecretloophole.com

Proof of SCAM
Below you can see a screenshot taken directly from the Bitcoin Secret Loophole primary sales page. In it, you can view an image of “William S.” sitting on his new sports car saying thank’s Steve! (I wonder if it is the same Steve McKay after all.. ) Right next to it you will see the same image and same people standing behind the same car, only this image is taken directly from Motor Trend Magazine and has absolutely NOTHING to do with the Bitcoin Secret Loophole or get-rich-quick crypto scams.

Additional evidence shows that the software is a complete clone and replica of the Bitcoin Code, which is probably the most viral scam being perpetuated these days by unethical affiliate marketers who are colluding against you with offshore brokers.

 

Bitcoin Secret Loophole Review – Your Qualify to Get Ripped Off!
A message to our pro members: “Congratulations on your massive bitcoin earnings!” That is how the sales presentation starts. All members have allegedly reported profits of above $120,000, and the numbers keep rising. Over the last 90 days 3 individuals gained true financial freedom through Bitcoin. Nearly $14,000 were deposited into their accounts after signing up for this “revolutionary” software. “Don’t miss out” on this once-in-a-lifetime opportunity to get in on the cryptocurrency market. Beta testing is open for a limited time, and then we see a parade of fake review with blurred pictures and forged identities.

Only those who act quickly can take advantage of sky-rocketing values. This lucrative market is waiting for you, and all you have to do is signup and invest. Exotic vacations, a larger house, and a carefree lifestyle! All of these are within your reach.

How Does the Bitcoin Secret Loophole Work?
It is marketed as an automated trading software which executes trades on auto-pilot without any form of human intervention. This type of algorithmic trading software is also referred to as a crypto robot or auto-trader. In reality it is a bogus software designed with the deliberate and malicious intent of defrauding unsuspecting customers and would-be day traders.

Who Is Steve McKay?
He is a software developer turned investor who wants to teach his techniques to others. In reality, he is NOT the “million dollar man” and was never of Forbes or any other magazine cover. McKay is a fictitious persona and alias who was created by online promoters in order to peddle their dirty crypto-app. He did not work on Wall Street and he is definitely not a programmer.

Is Bitcoin Secret Loophole SCAM?
Of course it is, and if you are doubtful just read what the head of the FCA is saying – we have highlighted that section for you in red so it is plain to see.

Is it Free?
No, it is not and you will be required to deposit at least $250 in order to fund your trading account. That money will be charged to your credit card by thieving offshore brokers who care nothing about your financial situation and will do their best to steal your money.

In Reality
What we are witnessing here is a textbook example of a get-rich-quick crypto scam, and this is exactly what the regulators and governments are warning you about. We have all the tell signs such as hyped-up and exaggerated claims of easy money, fake testimonials and stolen images, inflated figures and bank accounts, and just outright lies and fabrications. The narrative is rehashed and slightly modified as the online promoters see fit. In short, keep your distance.

Fake Bitcoin Secret Loophole Reviews
There are a few, and unfortunately we know that these so-called legitimate or honest review sites are getting paid commissions in order to peddle fake software. Be careful and hold on to your wallet.

Other Viral Scams Trending
The ones to watch out for are Bit Bubble Tech and Bitcoin Trader.

Signals, Forex EA’s, and Crypto Robots
There are new systems being launched on a daily basis and all of them offer you vast riches at the click of a mouse. Fortunately, our diligent staff conducts daily audits and once in a while manages to identify a reputable app which produces profits consistently. Once it passes our testing phase we list this software in our recommended section.

Bitcoin Secret Loophole Review – Summary and Conclusions
The Bitcoin Secret Loophole SCAM is a blacklisted crypto robot and there is not doubt about that. The software integrates with rogue offshore operations manned by pushy sales reps on a shoestring budget. We honestly tried, but could not find anything legit or genuine about the Bitcoin Secret Loophole app. We also know that there is much talk about these crooks managing Ponzi schemes and stealing Bitcoin in a very anonymous and untraceable manner. We also have it from trusted sources that the people involved with the Bitcoin Secret Loophole SCAM are also well-known for specializing in identity theft, credit card fraud, software manipulation (rigged), and ransomware distribution. So, in light of all the proof and evidence our staff has produced, we are officially BLACKLISTING the Bitcoin Secret Loophole system and advising our members and viewers to seek alternative and more legitimate means of investing. Don’t for get to check out our Facebook page and subscribe to our YouTube Channel.

Filed Under: Bitcoin Scam Reviews Tagged With: Steve McKay

Bitcoin Code SCAM, Review Exposes Fake News Click Baiting Tactics

October 1, 2017 by Patrick Jones Leave a Comment

In our previous Bitcoin Code SCAM Review and investigative reports we have examined the malicious nature of this new viral SCAM. As a result of the endless swarm of complaints we have been receiving, we have been able to gain unique access to a fake CNN news websites which openly solicit innocent opportunity seekers by inviting them to sign up for the fraudulent bitcoin code software and fund trading accounts with unlicensed offshore brokers. The fallacious and deceptive nature of these fake news or editorial reports is extremely misleading, as it piggybacks on the reputation of business moguls and visionaries such as Elon Musk and Sir Richard Branson. Truth be said, the greedy and conniving scammers operating behind the scenes are seasoned binary options affiliates and online promoters who are diversifying into crypto scams and looking to ride the Bitcoin wave. We have already warned all our members that Steve McKay is a fictitious character and does not exist in reality. We have proven he is an image bank actor, and that the whole Bitcoin Code narrative is nothing more than a figment of some thieving crook’s imagination. It is totally futile and utterly imprudent to ignore the facts as they have been presented to you in 2 extensive Bitcoin Code reviews. This is a malicious SCAM which has been totally blacklisted by the overwhelming majority of online trading review sites. Keep reading to see how the fraudsters behind the Bitcoin Code SCAM operate and how they trap and victimize innocent day traders looking to cash in on a legit crypto app.

Official Website, Login Page, and Members Area: http://thebitcoincode.com/
Link To Fake News Site: Please Message Us To View It – We Will Not Publish It in Our Review As It is SPAM and Dangerous.

Modus Operandi (Method of Operation)
Below you will see a fake CNN News site entitled “Richard Branson And Elon Musk Invested $17 Million In a Bitcoin Tech Startup.” These audacious thieves even had the nerve to list Seth Fiegerman as the person who authored this piece of fake news. We contacted Seth (who really works for CNN), and are currently waiting for his response. We will update you in regards to his reaction on our YouTube Channel, as we are absolutely 100% sure he will simply refer us to the legal department after rubbing his eyes in disbelief.

After a deeper investigation we also came across the same fake news page, only it was associated with Yahoo Finance and Forbes. We have screenshots and proof of this as well if you require it. Needless to say these internet pages fall under the category of web spam and/or phishing scams and are very dangerous so don’t let yourself get caught in this trap and stay super alert on on your toes.

Bitcoin Code Review – Recap
Steve McKay machine guns through an aggressive sales script and claims that during the past 90 days 3 people have had their lives change after investing in bitcoin. After that the presenter in the video boasts about how over $13,800 were wired into the bank accounts of new Beta Testers just yesterday. And now it’s your turn to join the Bitcoin Code and get your piece of the action.

Needless to say the proverbial cat is already out of the bag, and these con artists have been caught red handed with their dirty little fingers in the cookie jar. These are professional scammers with an appetite for thievery and what’s worse they even take pride in their work. We know who these creeps are, and the more they defraud and steal money the more they laugh and boast about it. These people are not aware of it yet, but they have already been reported to the Interpol, FBI, and various regulatory entities such as the SEC and ASIC. We would like to see them in striped prison uniforms eating out of tin cans and begging the courts and judicial system for forgiveness.

Why Is Fake News Being Used to Promoted Crypto Scams?
This is done to lend the scam an aura of legitimacy and in this way act as a type of fig leaf which veils the malicious nature of the get-rich-quick scheme. To make a point, it is similar to investing after following the trading patterns of Warren Buffet or George Soros. It’s plain to see the deception as we have peeled this onion to its core and found nothing but a festering pool of grief, despair, and anxiety.

Additional Viral Scams Trending
Its fair to say that Tesler App and Binary Robot 365 are currently topping the complaints lists.

Bitcoin Trading Strategy
If you are looking for a tried and tested strategy we have it for you. We have recently added it in our recommended section, along with our endorsed Forex and Options trading apps. Please be advised that this strategy has been proven to perform and works exceptionally well with the brokers we have integrated with. If you have any questions or would like to check out other system, these can be found in the same place as well.

Bitcoin Code Review: Summary and Conclusions
As mentioned before in our detailed Bitcoin Code Review and scam investigation, Steve McKay does not exist. Elon Musk and Sir Richard Branson have nothing to do with this fake app and fraudulent trading software. If you have invested in this program its time to take a step back and start taking a very close look at your credit card statement. People who would stoop this low would have no qualms or moral hesitations about ripping you off and letting you hang out to dry. This is a bona fide investment scam and the people behind it have deep pockets as they are buying massive amounts of advertising space for their campaigns. In a nutshell, keep your distance from Bitcoin Code and start looking for more legit or genuine trading alternatives. As always, we would like to personally invite you to join our   Facebook Page and YouTube channel for additional updates concerning new viral scams and get-rich-quick schemes.

Filed Under: Bitcoin Scam Reviews Tagged With: Steve McKay

Bitcoin Code Review, How Does The Scam Work?

August 15, 2017 by Patrick Jones 3 Comments

The Bitcoin Code fake automated trading software by Steve McKay is quickly turning into this summer’s hottest, most notorious, and sneaky SCAMS which our staff has already blacklisted in our previous review and investigation. Make no mistake, if you have searched the internet about the Bitcoin Code get-rich-quick scheme then you are being targeted by some of the internet’s most dangerous and professional con-artists. We have previously warned our members and subscribers in regards to this most recent fraudulent trading app, but it seems the lure of easy money in the form of anonymous cryptocurrencies is just too hard to pass by, and the results are very grim to say the least. We have received a deluge of complaints in regard to BTC code, and frankly we are not surprised.

Crafty online promoters are riding the Bitcoin wave prompted by the latest string of news stories and are using it as the proverbial fig leaf to hide their true intentions. Similar examples are BTC Robot, Crypto Robot 365, and most recently Bitcoin Millionaire are viral scams which are being rolled out and promoted by clever affiliate marketers looking to piggyback on the BTC price index and the many success stories that are being publicized. This unique followup review will focus on Bitcoin Code, and try to explain how the scam works, who is pulling the strings behind the scenes, and why it is so deceptive and misleading. Keep reading to see how we have exposed these crooks and why we believe this phony auto trader is so dangerous.

Official Website, Login Page, and Members Area: http://thebitcoincode.com

Additional Proof of Deception – More Fake Testimonials!
When we started digging in deeper we found even more disturbing facts. If you take a look at the “Live Accounts” section on the sales page, you will see they are all images that have been stolen from the internet without consent. For example, “Rita Torry” is actually Christine Houk, and Lou Richardson is someone named James Rosen.

As if you needed additional evidence, Richard Thompson is actually Robert Hoopes Dows who has recently passed away (nice touch). But these guys went too far and actually ripped off a picture of Rachel Smalley, who is a syndicated TV news presenter residing in New Zealand. We have contacted her and are waiting for a response. We believe she will not be happy about her picture being used to peddle fraudulent software online (to say the least).

Fabricated Results
The performance section of the sales page is a Java Script widget which follows certain criteria and will show almost always winning trades. We have deciphered the code and understand how it is programmed so don’t believe the ITM ratio and always remember that the only results that matter originate from the broker’s trading history section and not some bogus feed.

How Does the SCAM Work?
The diagram below illustrates the process and how the money is stolen. The online promoters sell the fake software and then the broker steals the money. After the broker has finished they share the loot and move on to the next victim until the effect of the scheme fizzles out.

How the Money is Stolen
When you deposit money it does not go directly to the broker. The broker has a deal with a processing company which is licensed by Visa or Master Card to accept transactions. That money stays with the processor for a period of about 90 days (this can vary) and after that it is wired to the broker less the agreed upon fees. This is how every business operates, with one difference. Rogue brokers have been known to over charge credit cards, and that is where the trouble begins. They do so for a variety of reasons, first and foremost to cover hefty advertising and operational fees. Only after the cover those fees do they start seeing the profits. So if you invest the minimum amount (which is what most traders do), you are in the highest risk bracket since the crooks only cover their costs after about $1,500 in deposits and that is a hefty sum which can potentially wreck a home and a family.

Bitcoin Code Software Review Recap – $550 an Hour?
Steve McKay is offering you a life-changing opportunity and join his beta-testing team, the same team that made  $13,837 during the last 24 hours only. Now it’s your chance to get in on the action, but you have to be an action-take not a tire-kicker. McKay was supposedly a Wall Street trader who made it big and diversified into binary options and automated trading. Now he is self-made and wants to share some of the secrets with people who are ready to take action and invest.

How to Spot the Fake
The price index is now showing that 1 BTC = $3,999.04. It means that 1 Bitcoin is valued at around $4,000. This is an all time high and it doesn’t look like its going to regress towards the average any time soon. Real investing would require a BTC wallet and for you to purchase or sell Bitcoin, Etherium, Ripple, and Litecoin. If you are just asked to fund a trading account with your credit card and trade fake stocks on rigged software (as opposed to a real exchange) then you had best hightail it before you get cheated out of your money.

Forex EAs Versus Binary Signals and Trading Robots
If you are hesitant and not quite sure about how to proceed this is perfectly normal. Our staff of diligent researchers has compiled a short list of the most reputable and consistent money-making apps. These are all proudly showcased in our recommended section.

Review Summary and Conclusions
Bitcoin Code and Steve McKay is a fraud software we blacklisted in our review. The only people making money here are the brokers and promoters of this filthy scheme, and you will be the one paying their paycheck. Don’t be tempted by the seemingly appealing or legit nature of this software as not all that glitters is gold. You should be aware of how much you stand to lose if you decide to take a risk and “test the waters”. Don’t be the next victim of this atrocious get rich-quick scheme, and never click on any spammy links or pop up messages. If you have any questions or need further clarifications in regard to this system, please make sure to contact us via our Facebook Page and YouTube Channel.

Filed Under: Bitcoin Scam Reviews Tagged With: Steve McKay

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