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Author Topic: ReflectBitcoin Reviews: SCAM or LEGIT?  (Read 192 times)
dylanens (OP)
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August 05, 2020, 01:10:49 PM
 #1

ReflectBitcoin is relatively new but advanced online auto trading platform. Its has been built around simplified, innovative and accessible experience.
So its unlocking a new options depending on the level of experience of traders.
ReflectBitcoin is owned by Reflect Bitcoin LTD, which is a legal investment company incorporated in the United Kingdom.
Offering service for less than one year but incorporated in 2018. There are only good reviews about it so far, but according to many they are too simple for professionals.

Note: Automatic Arbitrage and Binary Trading is risky, but according to them its much less when the AI software that runs on their servers analyzes market cap and its predicting prices
really accurately.  

Pros of Using ReflectBitcoin as an Automatic Arbitrage Trading Platform:

1.Using ReflectBitcoin is very simple and does not require you to put any time on searching the current market to predict the price.
Everything is done by this platform which is really convenient.
What they do is not an speculative work, the arbitrage always allows you to earn even if the price is going upwards or downwards.
I have tested a lot of speculative brokers platform and they are an betting a price, its always a dice whatever it will asset go towards the losses or gains.
2. Unique And Innovative Platform: ReflectBitcoin was built on advanced proprietary technology. It was the very first trading platform to launch AI arbitrage trading which was quite unique.
3.Based on my research, I have noticed a lot of people who have tried this platform. Most were positive reviews highlighting that the platform is easy, and not a time consuming to use.
4.Multiple withdraw Payment Methods.  (I have tried Bank withdraw and it worked really fast, in just 3 days I got money on my account).

Cons of Using ReflectBitcoin :
1.The withdrawal time depends on the many factors, such as withdrawal method used, and it may even more than a week for bank withdrawal.
2. Poor Regulation: Although ReflectBitcoin is certified by CIF, this is a lesser know regulatory body when compared to bigger ones like IFSC.
3. High Minimum Deposit: The minimum deposit fee is just $200, this is pretty high when compared with what other similar platform requires, but for such you are getting an
stable revenue.
4.Only Bitcoin is accepted as deposit, they have been accepting credit card payments in past but looks like they have withdrawn from it.
5.Does not have mobile application on Google Play, however it does work good in mobile browser.

I really like their page, however the dashboard is showing not much of information detailed about my account.
I don't know if they made it only for aesthetic choice, but not always less is better.

Personally, I think this company looks fine, I would love to hear if anyone has tried them.

 Do you have any experience with ReflectBitcoin ? SHARE IT!


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August 05, 2020, 01:50:05 PM
Merited by DdmrDdmr (2)
 #2

You're asking or promoting? I thought you were promoting this ponzi scheme project. Enough evidence to say SCAM.


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August 05, 2020, 02:13:49 PM
Last edit: August 05, 2020, 02:39:16 PM by Rikafip
Merited by DdmrDdmr (2)
 #3

Pros of Using ReflectBitcoin as an Automatic Arbitrage Trading Platform

None whatsoever.


Cons of Using ReflectBitcoin as an Automatic Arbitrage Trading Platform

It's straight up ponzi scheme, hiding behind trading bots. That's what ponzi schemes usually do, they find some "explanation" for unrealistically high profit.


They claim to be operating for 310 days, with thousands of investors and hundreds of thousands dollars profit


But when you check their website you can see that their domain is two months old. So they are obviously lying.
Quote
Domain:reflectbitcoin.com
Registrar:Porkbun LLC
Registered On:2020-06-04
Expires On:2021-06-04
Updated On:2020-06-04
 


Honestly, this looks to more more like a you are promoting this scam than asking our opinion about it.


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August 05, 2020, 02:37:24 PM
 #4


-   Trust Pilot gives it an aggregate rating of 3,9 out of 5.
-   SiteJabber (whatever that is) gives it a rating of 4,82 out of 5.

-   ScamAdviser gives it a Trust Score of 0%.
-   ScamDoc gives it a Trust Score of 1%.
-   Most importantly, logic should deem the site as a scam at simple sight. 

This is the same type of crap as Enolimited (cloned faqs as this site, and likewise exorbitant interest rate scam type offer). This also goes to show that trust sites can be very untrustworthy for those that resort to checking reviews.
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August 05, 2020, 03:12:50 PM
 #5

SCAM. Definitely, it's a scam and it seems OP trying to promote. Either OP affiliated with that site or he is the owner of this site. Daily return is unrealistic, no one will ask other people who could earn daily 10% of the investment. So if this website has such as AI who could generate such as return then the team would sold their property and get return rather than ask other peoples. Pure Ponzi scheme and trying to attract newbies.

Stay away guys. OP! If you aren't affiliated with them or not from the team, please delete your threads. Otherwise, newbies would fall into this trap and you might get tag eventually from DT members.

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Coyster
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August 05, 2020, 03:27:22 PM
 #6

Honestly, this looks to more more like a you are promoting this scam than asking our opinion about it.
Looks like that to me, if op was only suspicious if ReflectBitcoin is a scam, the thread would contain a question, for example: "is ReflectBitcoin a scam" and could prolly add reasons for the suspicion, but here op includes pros of using that Ponzi site with descriptions promoting the sites such as this:
ReflectBitcoin is relatively new but advanced online auto trading platform. Its has been built around simplified, innovative and accessible experience.
So its unlocking a new options depending on the level of experience of traders.
Op is also a newbie and in case you didn't check, the account was created today, just few hours before op made this thread, this attempt is prolly targeted at newbies who may just read the thread and try out that site without verifying and waiting for the replies of reputable users.

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August 05, 2020, 03:35:28 PM
 #7

Pros of Using ReflectBitcoin as an Automatic Arbitrage Trading Platform:
(I have tried Bank withdraw and it worked really fast, in just 3 days I got money on my account).

Cons of Using ReflectBitcoin :
it may even more than a week for bank withdrawal.

This is a good example of a bogus review, one which is not trustworthy.

More often than not, in the process of our DYOR, we look for reviews in order to assess whether a certain site or service is reliable or not. However, at times, reading reviews raises more questions than answers. It only adds to the confusion. So we should be extra careful in choosing sources.

You're asking or promoting? I thought you were promoting this ponzi scheme project. Enough evidence to say SCAM.



Return rate refers to ROI, right? If so, then Expert Plan means double your money in 10 days.

If somebody still falls for this Ponzi, I don't think he/she deserves even a little commiseration.

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..BUY/ SELL CRYPTO..
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August 06, 2020, 01:31:35 AM
 #8

You're asking or promoting? I thought you were promoting this ponzi scheme project. Enough evidence to say SCAM.



I'm sure he is promoting he is posting the best features of the site  and not asking us if it legit or a scam, it's a potential scam because it looks like a Ponzi scheme like what others are saying and even though it has no referral link on it this kind of project hire promoters to look like it's more of a review.

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