BitterGeuse: review and feedback on a “respectable” scam
About the BitterGeuse Project
Let’s start our review with a brief historical background. BitterGeuse was registered in late January 2020. The office of the company BitterGeuse Ltd. is located in London, and the director is Harvey Norton from Rotherham, UK. The company registration is confirmed by a certificate and presence in the official list of British companies.
Upon analyzing information about the domain bittergeuse.com, it was found to be registered in Panama on the same day as the company.
Regarding the quality of technical support, it is provided only through a feedback form or electronic form. However, investor reviews often contain complaints about support ignoring their messages.
About the bittergeuse.com Website
The site is only available in English, although developers have added a translation function via Google Translate. The translation quality leaves much to be desired, as some sections are not fully translated, especially when reviewing the customer agreement.
The main page mentions almost 1000 investors who have invested over $100,000 in the project.
On the site, you can see a list of users depositing and withdrawing funds, but only usernames, amounts, and payment services used are specified, without details on withdrawal dates and times.
For registration on the platform, a Latin username is required, although there are names in Cyrillic and numbers in the investor list.
Recommended Articles for You:
- How to Choose a Reliable Forex Broker in 2020: Key Criteria,
- Crypto Wallets: What They Are For and How to Use Them.
Sources of Revenue
The BitterGeuse team claims to use a unique system to generate revenue from the difference in cryptocurrency exchange rates. They search for promising digital currencies with high volatility in their work and attract funds from private investors to increase their budget.
- The steady growth in the number of digital assets and their prices has enabled the team to develop an effective strategy.
- Risk management is carried out through diversification of financial flows.
With the help of investors’ funds, BitterGeuse conducts transactions with cryptocurrencies, obtaining maximum profit with minimal risks. This allows them to pay interest on deposits to investors.
Investment Process
To invest, you need to register on the site, providing a username, password, and email address. After filling out the data and agreeing to the terms, an account needs to be created. The main page of the cabinet presents tariff plans with various deposit conditions and profit percentages.
- 10-199 USD for 3 days at 1.9%.
- 200-499 USD for 6 days at 2.9%.
- 500-9,999 USD for 9 days at 3.9%.
- 10-10,000 USD for 6 days at 29%.
- 10-10,000 USD for 12 days at 49%.
- 10-10,000 USD for 18 days at 99%.
You can top up your account with PerfectMoney, Payeer, AdvCash, and cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and DogeCoin. To withdraw funds, you need to select the appropriate method used for depositing.
The minimum withdrawal amount is 1 USD or the equivalent of 10 USD in cryptocurrency, with request processing taking up to 24 hours.
Additional Features
Registered users can earn by attracting new investors and receiving percentages for each of their deposits. Participants are provided with referral statistics and fixed rewards through the partner program for convenience.
Review of Reviews
Real depositors have not yet provided reviews about BitterGeuse, but experts and bloggers express the opinion that it is a fraudulent platform not related to cryptocurrency trading.
Conclusion
The BitterGeuse project has some peculiarities, such as British registration. However, many aspects appear suspicious, including the poor site structure and questionable history of professional traders. Investing in such projects is always associated with high risks, so it is recommended to exercise extreme caution.
If you have information that can change our opinion, you can share it in the review comments.
I recently had the unfortunate experience of falling victim to what I can only describe as a “respectable” scam orchestrated by BitterGeuse. At first glance, everything seemed legitimate and trustworthy, but as time went on, red flags started popping up left and right.
The communication was sparse and vague, the promises made were never fulfilled, and ultimately, I ended up losing a significant amount of money. It was a hard lesson to learn, but I now know to always do thorough research and trust my instincts when it comes to dealing with potential scams.
I would strongly advise others to steer clear of BitterGeuse and any similar entities, as they do not have their customers’ best interests at heart. It’s a shame that there are individuals out there who are willing to take advantage of unsuspecting people, but it’s a reality that we all need to be aware of and protect ourselves against.