greetings fellow Cryptocurrency enthusiasts ! Its been a while since i have been on here. Sometimes lifes undertoe sweeps us up and takes us away. Never-the-less I am back today to talk about a topic I find very interesting and worth a decent discussion. Bitpetite.com ...... The next great way to make money doing nothing??? I think not....
At 1st glace of its site you notice right away how they display there amazing returns of over 3 and 4% depending on your term of either a 6 week or 9 week investment period. Using a round number of 1 btc over a 9 week investment term they claim that you would be getting a daily return on your investment of $198.56, making your total length of time about 4 1/2 weeks Before you break even on your ROI. After the total length of 9 weeks has past the total amount of return is said to be 180% or 1.8BTC. Sounds awesome right?! Well it gets even better, as you can have your friends, family, and even the random crypto-investor sign up for this too good to be true investment through your affiliate link like this one here https://bitpetite.com/?aff=stevend102288 and you will get paid a percentage of either 2% 5% or 10% based off of what level you are and how much you have gotten others to invest.
3% of the money all your Level 1 referrals earn together. As soon as your Level 1 referrals invest $3000, your reward will increase to 5%; starting from the $5000 total investment, you'll be getting 7%; and if the total investment of all your 1 Level referrals reaches $10,000 or more, your additional reward will be 10% of their total earnings. So where does all this profit come from you might ask? How are they able to pay out such high daily percentage returns ? well your guess is as good as mine! I imagine that since this is still so new it will be profitable for the time being, maybe a years time tops seeing as they are going to want to get as many people invested as possible, but if i had to guess i would say there are going to be a handful of really big investors that are going to be left holding the bag on this one.
Unlike bitconnect , which has its own coin that fluctuates in value and has massively crashed twice since its start, which i would say is how they are able to continue operating, by people buying in high and then panic selling during the crash.... Bitpetite does not have there own cryptocurrency. so again this brings to question... where is the profit that they are paying out coming from? Like i said before, your guess is as good as mine but my overall advice on this site would be that it is a 100% scam/pyramid scheme and at some point there are going to be a lot of upset people who are left holding the bag, but for the time being it could possibly be the most profitable scheme in cryptocurrency for the next year's time..
I myself have dipped my toe into the pool and invested 1 LTC today just to see how things go and if it does end up working out i may very well continue to invest more for the next 8 months to a year. i am in no way advising anyone to sign up for this site or put there hard earned fiat and bitcoin into this scam, but if you do, feel free to sign up through my affiliate link above. Just remember that I am repeatedly stating that my opinion on Bitpetite is that is a 100% money laundering pyramid scheme. yes people will make loads of profit off of it and i hope to be one of them for the next few months , but these will be a select few and the majority will be out a lot of hard earned money. DONT BE PART OF THE LATTER!!
Nice post! I personally thought bitpetite is a scam and decided not to invest. Even bitconnect i think is a little different because they do have an invisible product that they say they have that is the reason they are able to return the interests on the loans. Also i think the next bitconnect is regalcoin having a high promise with a invisible bot product. They were listed on coinmarketcap first day unlike bitconnect which took 8-9 months. Also it is rumored that bitconnect in fact owns regal coin. If your interested let me know and ill shoot you a ref link.