Bitcoin Exchange Bot is a piece of software that creator Michael X says will automatically trade bitcoins for profit.
What does the product offer?
Bitcoin Exchange Bot comes in the form of an app for Google Chrome and comes packaged with a series of training material in written and video form. As mentioned above Michael X says that Bitcoin Exchange Bot is entirely automated and doesn’t require you to monitor the product.
How does the product work?
There isn’t really any information available about Bitcoin Exchange Bot and how it works. Instead the focus of the sales pitch is on the uncertainty of the economic future and how Bitcoin will apparently be impervious to this as it is not government controlled.
What is the initial investment?
The complete Bitcoin Exchange Bot package retails for a one off payment of $497 and comes with a 30 day money back guarantee.
What is the rate of return?
In terms of the profitability of Bitcoin Exchange Bot, Michael X claims to have made $45,000 in 30 days and to have surpassed 6 figures before 90 days were out.
Conclusion
I’m not entirely convinced that Michael X understands Bitcoin quite as well as he claims. Firstly he says that the value of the coins is not affected by any governmental decisions. This directly contradicts a massive dip in the value of bitcoins following the restrictions on the Chinese exchange. There is also the frankly ludicrous notion that bitcoins will have a value in excess of $100,000 within the immediate future. I could possibly balance out these cons if there were any real evidence that Bitcoin Exchange Bot works as well as advertised but the simple fact of the matter is that they isn’t. Other than a few very low resolution screenshots Michael X doesn’t really provide anything and this isn’t anywhere near enough for my liking.
