Post
Topic
Board Scam Accusations
Merits 4 from 1 user
Re: BITWOLF Capital - SCAM - Fake team member + Plagiarized WhitePaper
by
tmfp
on 10/09/2019, 11:11:17 UTC
⭐ Merited by suchmoon (4)

@ Bitwolf
If, as you say, you have been involved in crypto long term, then you will be only too aware of the number of "Golden Geese that lay Golden Eggs" scams that have passed thru this forum over the years, promising (but not exactly promising) wonderful ROI by the use of spectacularly efficient new approaches and techniques.
Cynicism is (rightly) high and due diligence a matter of course. Many scams are unmasked because of small errors and inconsistencies in their documentation and claims. High on that dd checklist are fake team members and plagiarism, both of which have been found in your proposal. Blaming a third party is a standard response. So, please, quit the faux outrage at factual evidence of this being presented and stop shooting the messenger: it's your website and only you take responsibility for its content.

In regards to the 20% average monthly profit, in NO CASE we are guaranteeing 240% annual gain, it wouldn't be serious and responsible for us to guarantee such returns and as you can see in each monthly reports we say " Past performance is not a reliable indicator of future performance."  and NOWHERE on our website we say that we guarantee 240% annual gain, we simply give our results according to our proven trading activities and track records..

No, you don't anywhere actually guarantee a 240% annual gain, you simply present summaries which you claim refer to trades that have been made. The fact that, according to these summaries, your trading has achieved since inception a virtually flatline of ~20% monthly ROI in mixed market conditions makes any overt claim to future performance redundant. Investment will be attracted and made on the reasonable? expectation that this ROI will continue.
These summaries, of course are meaningless as stand alone proof of anything, how can you claim them to be "proven trading activities"?
Once again, we have seen this many many times in the past, here is a current one.

For you to think that anything will be accepted at face value, especially when you consider the implications of the reality which you propose i.e. that it is a simple process for anyone to achieve ~20% monthly ROI with a passive investment in a scheme like yours, is naive in the extreme.

Whether you like it or not (and you obviously don't) your scheme has failed first scrutiny big time: there is factual evidence that you have plagiarised content and  false team member details on your website.
Is it possible to accept your excuses for this? For some No, for others, Maybe.
As for me, if I were satisfied that, despite the above, there was compelling evidence that your Magic Money Making Machine was really trading and achieving these returns, that would be weighed in the equation (along with your apparent mining track record).
As you as no doubt aware, 20% pm is hugely tempting ROI.
It is up to you to show that you are to be trusted with the large minimum investments that you are asking for.
This may help
we plan on streaming some of our sessions live.