Bitchair – seems dodgy

It’s funny how the really good looking sites seem the dodgiest. The first thing that puts me off this site is going on about their limited company. Apparently, the company is based in a flat somewhere in London

28 Millharbour, London, United Kingdom, E14 9TX is the address provided by Companies House. This is a basic flat. Surely someone with a huge investment firm like this would live in more plush accommodation or have some flash company offices.

They have a Facebook page.  Who’s last post was the 18th October this year, I note the domain name was registered August this year. I think the returns are too high. 10% a day! The minimum withdrawal is 0.0005 BTC but in fact, you probably don’t want to take that small amount because of the charges involved in getting Bitcoin.

Read the Rules!

“You agree to hold all principals and members harmless of any liability. You are investing at your own risk and you agree that a past performance is not an explicit guarantee for the same future performance. You agree that all information, communications and materials you will find on this site are intended to be regarded as an informational and educational matter and not an investment advice.”

Basically, they are saying if you put money in and we run off with it! Tough.

“As a private transaction, this program is exempt from the US Securities Act of 1933, the US Securities Exchange Act of 1934 and the US Investment Company Act of 1940 and all other rules, regulations and amendments thereof. We are not FDIC insured. We are not a licensed bank or a security firm.”

Wait, you’re a Limited company! In the UK! Why would you even worry about the US Securities Act?

Don’t post bad vote on Public Forums and at Gold Rating Site without contacting the administrator of our program FIRST. Maybe there was a technical problem with your transaction, so please always CLEAR the thing with the administrator.

That’s not even good English. For a company based in London?

Payout LIst

The payout list doesn’t add up. The top payment was made at 6:33 am on October 25th, for 0.00064000 but the transaction shows the payment was made yesterday at 11:34 for 0.0014253. So I’m not quite sure they are genuine payouts.

 

So basically they are expecting it to go wrong and are waiting for as long as possible, one day soon this site will disappear.

The Facebook page says it all.

My advice, stay away from this one, I’m not even testing it.

If you’re looking for something genuine I think Genesis Mining and Powerhouse are worth checking out.

 

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *