Report: #1500730

Complaint Review: BitPixel.net - Liverpool Merseyside

  • Submitted:
  • Updated:
  • Reported By: ASM — Texas United States
  • BitPixel.net Exchange Flags Liverpool Liverpool, Merseyside United Kingdom

BitPixel.net Bit Pixel, bitpixel.net Questionable Bitcoin Trading Company Liverpool Merseyside

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Supposedly BitPixel. net has been around for about 13 years. They describe themselves as "a blockchain based investment platform, that uses AI and transparent statistics in order to help people make smart investments", which includes Bitcoin. Supposedly they have a physical office in Liverpool, Great Britain; a fax number in Austin, TX; and a customer service number in Arizona. Clearly this is a very decentralized operation.

I was originally contacted by someone through Twitter about BitPixel. She described herself as one of their expert traders, and I will admit - I was taken in by her claims that she could help me earn $4,000 - $5,000 extra per week. File this under "go with your gut" and "if seems to good to be true, it probably is".

After some back and forth, she finally hooked me into investing $500 with the Bixpixel. And that's when things started to get odd. Within one single day, she had somehow procured an 850% return on investment for me. Yes, in one day she turned my $500 into over $4,000. At first I was thrilled, but then I started thinking - how? So I decided to test it - I asked if I could withdraw some of my supposed "profit". I mean, that's what many normal investors would do at that point. She informed me that I should wait for now, and that withdrawals usually take up to a week (???). They had no problem "withdrawing" my money in 5 minutes, yet it takes them a week to return the favor in kind? 

Then, my trader let her upper hand slip. She started hassling me to invest more money. Had she not done this, I probably would not have become suspicious. She told me that if I wanted to make "real money", I should invest $5-10K. My response was "you are already making me real money, turning $500 into $4,000 overnight". Again, this is when I started getting suspicious, so I started to do some research.

First off - they have virtually no social media presence, which is extremely rare for any company, expecially one that operates exclusively online. Secondly, they claim to be an A+ member of the BBB for many years, although I could not find any mention of them on the BBB website (and I tried every possible combination of their name). Thirdly, there isn't any info about the company online, outside of their own website. Fourth, their website is extremely sketchy - in the "About Us" section, it only includes history from 2005 to 2017. They have an online portal for users to see their Profit and Deposit. You can supposedly withdraw money, which I tried to do several times, but to no avail. When I sent in a support request form to question them about my withdrawal, before I could submit the form - a message popped up asking me if I really wanted to send in the support form. I have never seen anything so strange in my life.

Do I know for 100% certainty that BitPixel.net is a scam? No, I do not. It could simply be a Bitcoin blockchain trading company trying to operate under the radar, for whatever reason. But it has many red flags, and I think the public should be aware of them.

This report was posted on Ripoff Report on 10/09/2020 05:20 AM and is a permanent record located here: https://www.ripoffreport.com/report/bitpixeldotnet/liverpool-merseyside-bit-1500730. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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