Last Updated on January 25, 2021 by Stephan Lindburg
Bitcoin Boom! Bitcoin Boom is marketed as an automated trading software which executes trades on auto-pilot (crypto robot) and generates over $5,000 a day for its members. But what is it really and who is Bryden Ford? Chances are if you are reading this Bitcoin Boom review you are asking yourself is Bitcoin Boom SCAM app or legitimate trading software? Sometimes the truth can be evasive, but not in this case. When discussing the Bitcoin Boom trading platform we can tell you right off the bat that Bitcoin Boom is a cloned SCAM and therefore rightfully blacklisted. Bitcoin Boom has been recycled TWICE before, and this is the third time (and no, the third time is not a charm). It started out as the Liberty BTC System, then it evolved into “Crypto System”, and finally it has relaunched under the idiotic name of Bitcoin Boom. In the previous versions, the Head of Operations was Kyle Stanford (Alias) and now its Ford. Bitcoin Boom is a classic get-rich-quick scheme designed to appeal to the uneducated or amateur trader who is just starting out and is totally clueless about online trading, Forex, and/or CFDs (contracts for differences). The crooks behind the Bitcoin Boom scam are affiliate marketers who are always on the lookout for cheap ways to attract new visitors to their phony websites. These affiliates networks operate in tandem with rogue offshore Forex and CFD brokers such as WiseBank or Tradovest. In most cases these brokers have a registered business address in Estonia or the Marshall Islands.
Bitcoin Boom Complaints: Most complaints are somehow related to inability to withdraw money or losing trades. Either way, if you signup for the Bitcoin Boom scam you are toast so get ready to kiss your money goodbye.
Official Website, Login Page, and Members Area: thebitcoinboom(dot)com (spoofed site keeps changing)
Critical Update 2021: Bitcoin Boom is also being marketed as Crypto Boom these days. The design is different but its the same exact scam.
Evidence of SCAM
Below you can see Bitcoin Boom primary sales page and registration area. A closer look reveals that these cheap con artists are using the Liberty BTC sales video and only changing the logo.
And here we have the same website, only it is branded once as Crypto System, and then again as “Liberty System”. Notice the typos and lack of proper grammar. These are all highly indicative of a cheap scam since nobody bothered to check the content of the video. But the really sad part is that despite all of this, the fraudsters keep recycling it because they know people don’t really pay attention to the details and are actually searching for an easy way to make money fast.
And here we have Mr. Bryden Ford. We have attached an image below of Kyle Stanford for comparative purposes. You can see that the texts are copied verbatim and that the only thing which has changed is the image of the person. Needless to say, in both cases these are not real people and their images have been scraped from the internet.
When signing up we found out that the robot trading panel was the same one which is used for a variety of other scams, some of which were exposed right here at ScamCryptoRobots.com.
Bitcoin Boom Fake Testimonials
We also checked and found out that the “live accounts” section is not live at all. In fact, the whole testimonials section is completely fabricated. Its actually quite easy to spot as the images presented don’t do not pass as real people.
What is Bitcoin Boom and How Does It Work?
Ford claims the Bitcoin Boom app will generate profits for you “on auto-pilot 24/7 while you sleep”. There is no real discussion about how the software architecture and what is the logic behind the algorithms. We also don’t see any kind of back testing or genuine results from the broker accounts. This obviously means that it is a scam, no doubt about it!
Bitcoin Boom Review, No Bryden Ford Will Not Make You A Millionaire!
The biggest problem related to Bitcoin Boom is that it is a complete clone and replica of previous crypto robots as we have mentioned. Cloned apps are the scourge of the Forex industry and this trend does not show any signs of abating any time soon. Moving along, we didn’t find anything of value in this rehashed sales pitch. Specifically, we didn’t hear any reference to the contract types and rates, there is no ISO 9000 certification, and there is no reference to the assets index and what types of assets are available at any given time. Contrarily you will find repetitive phrases about making $5,000 a day on auto-pilot and living the kind of lifestyle reserved only for millionaires and celebrities.
To top it off, we conducted our usual security check and found out that Bitcoin Boom is blacklisted by McAfee. It’s actually considered a “critical security risk”, which means that your personal financial data is compromised if you join this software.
Is it Free?
No. It will cost you at least $/£/€250 , and in some cases $/£/€500 in order to get started using this thieving software. The crooks who will charge your credit card are the brokers which may or may not be licensed.
Fake Bitcoin Boom Reviews
Actually true to now, we are the first to expose the Bitcoin Boom scam, but we are sure that there will be others who will want to endorse this losing software so they can collect their affiliate commissions.
Legitimate CFD Trading Versus Fake Crypto Bots
Trading CFDs (contracts for difference) can be very profitable, but there is also significant risk involved. There are many fraudulent systems which are riding the Bitcoin wave of success, but the returns they are promising are totally out of touch with reality. These crooks are targeting amateur traders who are clueless about online trading, and using all the media hype around Bitcoin as well as other cryptocurrencies such as Ethereum and Litecoin in order to bait and trap unsuspecting victims.
A Few Alternative Options That Work
Our staff of diligent researchers is constantly on the lookout for new and profitable trading systems. Once in a while we decide to pick an app and review it. If it passes our screening process we add it to our recommended section and offer it to our members, so take a minute to check it out.
Bitcoin Boom Review Summary, Conclusions, and Helpful Tips
The Blacklisted Bitcoin Boom SCAM software, app, and trading platform is not to be trusted. There is nothing genuine or legitimate about this fake crypto robot, and in fact we are convinced that it operates more like a random number generator in a bingo parlor. The software was designed to lose trades, and anyone saying otherwise must have an alternative agenda so please make sure to avoid it and don’t say we didn’t warn you. Should you have any additional questions or queries, please make sure to message us via our social media or our contact page.