What is Auto Bitcoin Builder? Scam? AutoBitcoinBuilder Review
Auto Bitcoin Builder is a scam company because:-
- The business model of AutoBitcoinBuilder.com is not legal. It is a Ponzi scheme which is an illegal scheme. If you don’t know what is Ponzi scheme, then you can find the details by clicking this link:- newsonlineincome.com/ponzi-scheme/
- AutoBitcoinBuilder.com is not only a Ponzi scheme but is also a Pyramid scheme which is another illegal scheme. It offers the referral commission up to 2 level of referrals like MLM companies, but without selling any real products or services, just on the sales of its ROI plans which makes it another illegal scheme, known as a Pyramid scheme. If you don’t know what is Pyramid scheme, then you can click this link:- newsonlineincome.com/2017/03/06/what-is-pyramid-scheme/
- You can find lots of complaints from many members of Auto Bitcoin Builder for not paying them after the payment request.
Well, you can still find much more points below which proves AutoBitcoinBuilder.com is a scam. So, if you were searching for the AutoBitcoinBuilder.com reviews in order to find out what is AutoBitcoinBuilder.com, either is Auto Bitcoin Builder a scam or a legit, then you don’t have to search any other Auto Bitcoin Builder reviews because here, within our Auto Bitcoin Builder review, you are going to find out the complete truth about Auto Bitcoin Builder. So, let’s continue with our AutoBitcoinBuilder.com review to find out why is AutoBitcoinBuilder.com a scam in more detail.
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Auto Bitcoin Builder login and join in link:- AutoBitcoinBuilder.com (Not recommended to join, it’s a scam)
Why is AutoBitcoinBuilder a scam? Let’s find out more about it.
Above we have mentioned you some points which proves why is an Auto Bitcoin Builder scam. However, let’s dig out more points as below.
- If you check the FAQ of Auto Bitcoin Builder, then you will find out that they have claimed to pay 6% daily profit on the deposit amount. However, have you ever think why any company wants to pay 6% daily by collecting the investment from several people, instead why don’t take a loan from a bank in much more lower rate, less than 1% monthly. None of the legit companies will pay 6% daily instead of 1% monthly if they ever need a fund to invest in their project. So, the business model of Auto Bitcoin Builder doesn’t make any sense same as other Ponzi schemes.
- Auto Bitcoin Builder claims it will use the investment of members in its crowdfunding platform and pay back 6% daily. But, that is not how the real crowdfunding companies operate. Even it fails to provide the proof in which project it is going to invest those deposit amounts. On top of that, none of the legit crowdfunding platforms will pay 6% daily profit which is a completely bogus rate.
- Auto Bitcoin Builder can only pay the first investor using the money invested by the second investor which can’t sustain for a long time. It doesn’t have any income source from where it can generate the profit to pay its members. The only verifiable source of income coming into the company is not other than the money invested by the affiliates.
- Same as other Ponzi schemes, Auto Bitcoin Builder also hasn’t revealed its owner’s name and the company’s location. It has masked that information within its WHOIS. In online business industry, if some companies are hiding their owner details, then you must know that their intention is not good because none of the legit companies hide their owner details.
- These kinds of business models are not a new thing. In the past 1000s of similar kinds of sites have already scammed millions of money from many people which once again proves Auto Bitcoin Builder is one of those scams. Legal authorities have already seized lots of similar kinds of companies. Involving with these kinds of companies is a crime and legal authorities have already issued the warning to the general public to stay away from these kinds of companies.
Aforementioned, now it is clear that Auto Bitcoin Builder is an illegal and unsustainable company with unclear owner details. So, we have listed it within our Bad and Scams category.
So, now if you want to find out the legit online works and businesses so that you can make money online in real, then you can click this link:- newsonlineincome.com/legitimate-work-home-businesses/
You can also find that we have rated each of those legit companies as per their performances among which Wealthy Affiliate has got high rating score. If you don’t know what is Wealthy Affiliate and want to find out the details on it, then you can click this link:- newsonlineincome.com/wealthy-affiliate-review/
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