The Anatomy of a Bitcoin Scam – Bitclub Network Analyzed

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Over a past few weeks we have been saying these ads for a association called “BitClub Network” on my Facebook feed. we confirm to entertain myself and take a demeanour during a video ad usually to find some dude that doesn’t seem to know that most about Bitcoin perplexing to explain because we should join a “BitClub network”.

we trust a video speaks for itself when we contend it’s 5 mins of sum nonsense that doesn’t give any value to a viewers. we can safely contend that a chairman on this video doesn’t unequivocally know what Bitcoin is and is only reading his content from a page. My favorite quote is probably “There is something called Bitcoin mining, we can get it from lots of places on a Internet” (1:16).

Bitclub network (pardon me for not joining to them) claims to be some arrange of mining operation where users deposit their income in sequence to get a partial of a revenues generated by a BCN mining pool. You can also beget income by referring others to join BCN.

Now, given we have a unequivocally large illusion for finding Bitocin scams and Ponzi intrigue we motionless to take a deeper demeanour into BitClub Network (also


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