Bitcase is a bitcoin investment scam that promises to pay you 3% returns every day, guaranteed. Find out how it works today in our review.
What is Bitcase?
Bitcase is yet another bitcoin investment scam. Like other scams, Bitcase.biz will accept your money, then promise to pay you unrealistic returns every day. The platform promises to pay you 2.3% to 2.7% returns per day, every day, in exchange for a minimum investment of just 0.005 BTC.
Overall, Bitcase.biz gives us no reason to believe it’s a legitimate investment opportunity. It seems to be like most other high yield investment programs (HYIPs), where you deposit money then hope to withdraw it before the platform shuts down.
In the case of Bitcase, the platform has been online since November 11, 2017. Like most HYIPs, it will likely run for a week or two before disappearing from the internet entirely, before most investors can withdraw their funds.
How Does Bitcase Work?
Bitcase offers three different investment plans:
- 7 Days: 2.3% per day, minimum 0.005 BTC and maximum 0.290 BTC
- 14 Days: 2.7% per day, minimum 0.300 BTC and maximum 3.090 BTC
- 672 Hours: 0.17% per hour, minimum 3.100 BTC and maximum 10.000 BTC
672 hours, by the way, is 28 days. That final investment plan would pay you a return of 114% over the 28 day period. However, compounded hourly, your real earnings would be significantly higher.
In any case, Bitcase.biz doesn’t give us any reason to believe any of the above returns. As with most Ponzi schemes and HYIPs, the ROIs of older investors are paid by the investments of new investors. The scheme eventually shuts down when there aren’t enough new investors to support the program. Bitcase.biz doesn’t claim to invest in any products or services – the entire business is built on membership fees.
The website does feature fake pictures of an office and a mining rig, although there’s no evidence to suggest that they own either. Even if the company had the best mining system in the world, it wouldn’t be paying investors 100% returns every few weeks.
Who’s Behind Bitcase.biz?
Bitcase.biz refuses to disclose any information about itself online. However, unlike other HYIPs, the website at least features a phone number (+1 917 3 412 569) and an email address ([email protected]).
Aside from that, we have no information about who’s running Bitcase Inc. The company lists a fake address in New York City (299 Park Avenue) as its location, although there’s no evidence that they’re based at that address.
When someone asks you to send money online, but doesn’t tell you anything about their identity, background, or experience, it’s a sure sign you’re being scammed – especially when the anonymous individual is advertising it as an “investment”.
Bitcase, found online at Bitcase.biz, is a blatant bitcoin investment scam that promises enormous and unrealistic ROIs to investors. The company claims to pay investors 3% returns per day, every day, for 7 or 14 days. Or, you can earn returns of 100% or more every month. There’s no mining operation, cryptocurrency trading company, or hedge fund in the world today that pays returns like this.
Based on all of the information we can find online, Bitcase is a blatant bitcoin investment scam. The scam lures in gullible investors with promises of easy money, only to disappear from the internet just before most investors can withdraw their money.
Unless you feel like donating money to an anonymous scam artist, you should avoid Bitcase.