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The AutoBitcoinGenerator software promises that it can enable you to make guaranteed & automated profits from online cryptocurrency trades, even if you’ve never traded before or don’t happen to know a single thing at all about cryptocurrency…
You’re led to believe that you can simply “plug in” to the software & that you can even make as much as $10,000 the very same day you get started… But is it really legit software? Or will the AutoBitcoinGenerator scam you & just take money from you instead of actually helping you make more?
Luckily you’ve landed in exactly the right place to find out as here at Stopping Scammers we’ve took a closer look into the AutoBitcoinGenerator software to find out how it really works, if it really works & whether or not you can actually make any money with it like they claim you can. ?
Here at Stopping Scammers whenever we take a look into a potential scam we always carry out a thorough investigation & as a result our reviews are often very detailed. To make things easier for you we’ve put together a table of contents below which you can use to easily jump straight to the specific information that you’re looking to find out.
- What Is The AutoBitcoinGenerator Software?
- Who Is Tom Drepir?
- How Does The AutoBitcoinGenerator Work?
- How The AutoBitcoinGenerator Software Really Works
- Is The AutoBitcoinGenerator a Scam?
- Can You Make ANY Money With The AutoBitcoinGenerator?
- Our Verdict On The AutoBitcoinGenerator Software
- An Easier & LEGIT Way To Make Good Money
- Been Scammed By The AutoBitcoinGenerator? Reclaim Your Money!
What Is The AutoBitcoinGenerator Software?
The AutoBitcoinGenerator software is a brand new piece of software that’s launched with some extremely bold claims, as it promises that it can enable you to make automated profits from online cryptocurrency trades… And hence the name it essentially portrays itself as providing a way for you to “automatically generate Bitcoins”…
And with the current price of Bitcoin being around ~$6,500 that sure is a pretty bold promise indeed!
But what’s more is that this system even promises to act FAST too – claiming that it can enable you to generate a whopping $10,000 worth of Bitcoin within your first 24 hours of getting started.
And on top of all that, Tom Drepir (the guy who’s allegedly created the whole thing) even states that the system can be used by complete beginners. He says that it’s totally newbie friendly & that members can still earn money with it even if they don’t happen to have a single thing about trading or cryptocurrency.
But obviously those claims sound WAY too good to be true – and as you likely know when something sounds too good to be true, it usually is!
After all is this system really works as promised then why isn’t everybody using it?
And why is Tom Drepir giving it away for free?
Who Is Tom Drepir?
However nope – Tom Drepir has no recognition whatsoever…
In fact the only websites that seem to mention his name are scam busting websites! So whilst Tom is portrayed as some sort of “guru” on the AutoBitcoinGenerator website, elsewhere online he seems to be portrayed as a scam artist.
Couple that with the “too good to be true” claims made by the website for the AutoBitcoinGenerator software & alarm bells definitely start ringing. Is the AutoBitcoinGenerator software a scam? Let’s take a closer look to find out…
How Does The AutoBitcoinGenerator Work?
The concept is that the AutoBitcoinGenerator is an “easy to use” piece of online automated trading software – meaning it’s meant to make trades entirely on your behalf and those trades will pretty much all supposedly be profitable.
The website itself promoting the AutoBitcoinGenerator software states that members should allegedly expect to see profits of at least $5,000 per day – and that most people actually make around $10,000 per day, which is obviously an awful lot of money.
But despite that being such an awful lot of money, the system’s creator Tom Drepir claims that the whole thing is “stupidly simple” and goes on to state that all you need to do is sign up, deposit some money & then sit back whilst you watch the profits come rolling in.
He says that he’s built the whole thing around a proven algorithm meaning that it’s guaranteed to make money, and that the software has been designed to prevent you from having to do anything…
So even if you’re a total beginner and don’t know a single thing about cryptocurrency or online trading, Tom Drepir the guy behind it all claims that you can still make money.
Sadly though whilst it sounds good in theory, that is NOT how it works in practice…
How The AutoBitcoinGenerator Software Really Works
Whilst it seems to be great on the surface, sadly the truth is that the AutoBitcoinGenerator software is actually a phony. It’s nothing more than a mere ploy that’s been put together to “trick” you into depositing with a rogue binary options broker.
You see, in case you don’t know – the whole thing actually revolves around binary options trading, and binary options trading essentially involves placing “bets” on whether you think the value of something will go up or down.
It sounds easy to trade binary options & make money but the truth is that it’s actually VERY difficult, and that’s because the time windows the “bets” are placed over are very small – usually 60 seconds or less.
It’s next to impossible to predict with any level of accuracy whether something is going to go up or down in such a short space of time & as a result most people end up losing money with binary options.
In fact many official bodies have referred to binary options trading as being flat out scam as shown below:
This means that more people are now aware of the risks involved with binary options trading, and as a result the binary options brokers aren’t seeing as many customers any more.
In short, they’re losing money and they don’t like it…
So they’ve come up with a clever ploy to trick people into depositing. They’ve basically come up with the idea of creating fake systems, like the AutoBitcoinGenerator system to make people think that they’ll be able to profit.
They know that if they can make people think they can profit, that those people will be likely to deposit – and then the brokers will once again be able to earn some money.
Sadly though the systems are totally fake & once people do deposit they’ll just be left to find out the hard way that rather than making them money all they will really do is make them LOSE money instead.
And then comes the next problem – which is the fact that the binary options brokers are then using various tactics to try & prevent people from reclaiming their money & withdrawing.
The whole thing is just a big fat scam! But that’s why systems like the AutoBitcoinGenerator (and others, like the Ethereum Code) force you to deposit via a “recommended” broker first.
What they don’t tell you though is that the so-called broker they recommend is actually in on the scam too.
Is The AutoBitcoinGenerator a Scam?
Yes, without a doubt the AutoBitcoinGenerator system is a complete-utter scam. It portrays itself as being a genuine system that is set out to help you make money but in reality it’s a phony & the only things it’s really set out to do is scam you out of your hard earned cash.
If you sign up to the AutoBitcoinGenerator to “try it out” then you will lose your money with 100% certainty. The system doesn’t work, and there is no way you can simply “try it” (despite them making out like you can) because as soon as you deposit your cash the broker will do their best to prevent you from getting it back. Basically it’s a trap!
Systems like the AutoBitcoinGenerator software are very dangerous & the scammers behind them have often been known to go to extreme lengths to part people of their cash. For example we have heard reports of these systems (and the brokers) even “faking” the users profits to make them think they’re making money when in actual fact they’re not simply to get them to deposit even more.
Here at Stopping Scammers we’ve heard stories of these types of programs taking tens of thousands from people, in some cases even hundreds of thousands. They’re very bad news.
It therefore comes without saying that we would massively advise you to stay away from the AutoBitcoinGenerator software & also any other binary options trading related software like it.
We do appreciate though the fact that many people looking into these types of situations are desperate for money, and as a result even though we state they are scams sometimes people are still interested in “trying them” to see if they can make any money at all.. So, can you make ANY money with it? We’ll answer that next…
Can You Make ANY Money With The AutoBitcoinGenerator?
Realistically no, you are not going to make any money whatsoever with the AutoBitcoinGenerator system because it’s a scam and it’s geared towards taking money from you, not helping you make it.
However, theoretically the answer is “yes” in the sense of it’s possible… It’s possible a trade could win and you could make a little bit, but there are still some big problems here…
Firstly even if you do manage to successfully win on a trade, the brokers associated with these types of scams are scammers themselves & they will be very unlikely to let you withdraw anything, even if you have made money.
Secondly even if you do win on a trade then you will much likely lose more the next time around because when it comes to binary options trading the odds are massively stacked against you. You won’t make anything substantial off 1 trade, and so to make anything worthwhile you will need to keep trading, and so as a result you will end up losing overall.
Basically this is NOT a good way to make money & even though it’s technically possible to profit from binary options trading, here at Stopping Scammers we’ve never seen anybody manage to generate consistent profits.
Our Verdict On The AutoBitcoinGenerator Software
The whole thing literally is just a ploy to trick you into depositing with the so-called “recommended” broker and everything you’re told on the website that promotes it is complete utter lies.
They want to make you think that you can try it out totally risk-free but that’s not the case. What they don’t tell you is that the broker is in on the scam too, meaning any money you deposit will be lost as the broker will do their best to prevent you from making a withdrawal or requesting a refund.
What’s more is that we’ve even seen some instances where these scammers have been going to extreme lengths to part people with even more cash. One trick we’ve seen is that they sometimes “fake” the profits to make people think they’re making money to get them to deposit even more – only for them to later find out it’s all been a scam.
Basically the best thing you could do is just not sign up to the AutoBitcoinGenerator system in the first place, so if you have come across it then we advise you just avoid it – and also avoid any other similar binary options related systems like it.
An Easier & LEGIT Way To Make Good Money
We assume that you came here to this review because you were interested in potentially making money through the AutoBitcoinGenerator software, and if you were then don’t worry it’s not all bad because even though this particular system doesn’t work there are still other legitimate ways you can make good money online.
We have found many legitimate ways to make money but there is one that stood out from them all, and this particular program has been enabling people to generate 5 figure monthly incomes. The good news though is that you can get access to it for free.
If you want to find out more about it then we’ve put together a page on this website explaining how it all works & you can access it for free using the link below:
Been Scammed By The AutoBitcoinGenerator? Reclaim Your Money!
Some more good news for you! If you happen to have already signed up to the AutoBitcoinGenerator system prior to coming to this review & finding out that it’s a scam then don’t worry, we can help you get your money back.
We’ve put together a free money reclaim guide & it shows you the exact steps that you need to take in order to reclaim your funds from the scammers.
To date the guide has helped thousands of people to successfully reclaim their funds & you too can also get access it for free by clicking this link here & use it to get YOUR money back too. ?