( These two university mates created Bitcoin Loophole, a simple push-button bitcoin trading platform.
Appearing on BBC Two's hit show, Dragons' Den, two best friends from university pitched their idea for an automated bitcoin trading platform, called Bitcoin Loophole. The idea was simple: allow the average person the opportunity to cash in on the bitcoin boom. Even if they have absolutely no investing or technology experience.
A user would simply make an intial deposit into the platform, usually of £250 or more. The user should open a position on Bitcoin and let the trend do the work for him
The entrepreneurs intend to make money from their platform by charging a small commission on only the profits a user generates. They asked the Dragons for £200,000 for 25% of the company, valuing the company at £800,000.
To demonstrate the power of their company's platform the entrepreneurs had Deborah Meaden deposit £250 live on the show.
Deborah Meaden after buying her first ever bitcoin with the help of Bitcoin Loophole
"I've heard about Bitcoin and the massive amount of money you can make from it, but I've never bought any. I no idea where to start. This was really easy, I can just use my credit card to deposit money and it buys them for me." Deborah said.
After her initial deposit of £250 was made using Bitcoin Loophole, account management helped her opened up a position on Bitcoin so she could buy low and sell high
The Dragons started to become very eager to invest in this business
All the Dragons were immediately impressed by how easy it was to make money. The platform handles all the trading work automatically and because the price of Bitcoin is quite volatile, there are numerous opportunities to profit.
"Bitcoin is so hot right now and if even somebody like Deborah, no offence Deborah, can make money from it, I'm all in. I need to have a piece of this. I'm going to make a huge offer, £2 million for 25% of the company." Peter Jones said.
Before the entrepreneurs even had a chance to respond to Jones's offer, Deborah Meaden interrupted and said with a smile on her face: "I've gone up to £398.42 after just 8 minutes".
After the instance success of Deborah Meaden, Peter Jones recalculates his initial offer.
Although at this point all 5 Dragons were ready to invested, a bidding war quickly emerged between Touker Suleyman and Peter Jones. Suleyman improved on Jones' offer, by £2.5 million for 25%, whereas Jones hit back with a revised valuation of £2.5 million for 20%, effectively valuing the company at £12.5 million.
After some minor back-and-forth discussion, the entrepreneurs quickly accepted, making this the biggest deal in the history of Dragons' Den.
We decided to put Bitcoin Loophole to the test, to see if it was really possible for you to make money using the platform.
We quickly discovered that the platform charges a commission of 2% on profits a user generates and you need to make a minimum deposit of £250 to get started. That money will be your initial investment, which the trading software uses to trade.
Also, we learnt that Bitcoin Loophole makes money by buying when the price goes up AND when the price goes down. This is know as short-selling, you just open a position up and profits come in fast.
I decided to sign up for an account with Bitcoin Loophole, I made the initial deposit £250 and set my account to active.
On the show, Deborah was able to make £73.18 in profit after 3 minutes, for me, it took much longer. The platform took 20 hours to generate a £80.19 profit, which still impressed me alot! I've never puchased Bitcoin before and never made a trade in my life, yet here I was able to generate profits.
I spent about 5 minutes a day checking my results and after 5 days, the platform had traded up to a massive total of £630. That is a 252% increase in my initial deposit. I was starting to become a true believer in this platform.
After 7 Days my initial investment had traded up to £1,930. At this point, my mind was racing with possibilities of all the things I could spend that money on. This is more money than I made at work for the week and I spent less than 30 minutes checking the platform.
I decided to keep my account active for 15 days in total, because I wanted to see how high it could go. My account eventually hit a peak of £7,380.10, but had a negative -£79.51 trade. I looked through my trading logs and discovered that not every trade is profitable, some actually lose money.
The platform isn't magic, but after 70% of my trades were profitable, the net result was I made £7,300.59 from my initial deposit of £250. It took me less than 30 minutes of work a week and absolutely no technical or investing experience.
All in all, I was able to make £7,300.59 from using Bitcoin Loophole.
Note: It took 48 hours for my the money to be deposited into my personal bank account.
Right now, Bitcoin Loophole is allowing our readers to try the platform for a minimum initial deposit of just £250. You can withdraw this amount at anytime you want.
Given the massive increase in popularity of the trading platform, this initial minimum deposit may increase!
It is important that you sign up for Bitcoin Loophole immediately, as we do not know how many places will be available
You can fund your account via credit card or a bank transfer.
"I've been using Bitcoin Loophole for just over 2 weeks, I've taken my initial deposit from £250 to £5,802. That is far more than I make at work."
Kyle McLennan
Bath
"I've hit over £9,200 in profit after just a month of using Bitcoin Loophole. Because I can use it on my laptop, I've been travelling around Australia and making money the whole time!"
Jonathan Morris
Brighton
"It's so damn easy to use, even for me! I've never traded before, but I'm making £3,000+ a week and loving life!"
Lilly Peterson
Bristol
"I've been able to finally quit my job, thanks entirely to Bitcoin Loophole. I've made so much, so easily!"
Fredic Paul
Reading
"Iv'e only been using the Bitcoin Loophole for 2 weeks and it has already paid for my European holiday."
Julia Keaton
Ipswich
"I teamed up with my best friends and together we've hit the jackpot after just 3 weeks. The trading robot does all the work for you. Together we've made over £17,000 a week"
Jordan Moss & Travis Parks
Brighton
"My Boyfriend was the one who told me about Bitcoin Loophole and it has changed my live. I've been making over £2000 a week for over a month, with less than 30 minutes of work a day"
Brianna Wiggans
London
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Add a comment
Tohloria Lewis
I've been trading with Bitcoin Loophole for the last few weeks and made a small profit of £2,300. I'm loving it!
Reply. 13 . Like . 12 minutes ago
Tanya Porquez
I saw Bitcoin Loophole on the project and sign up yesterday, I'm up around £25.
Reply. 6 . Like . 13 minutes ago
Jennifer Jackson Mercer
A friend of mine used it and recommended it, I'll look into it.
Reply. 19 . Like . 25 minutes ago
Michael Cash
It is giving me a better return on investment than my stock portfolio!
Reply. Like . 46 minutes ago
David Barrott
It is so easy to use, you just deposit money and the robot does all the work for you.
Reply. 43 . Like . about an hour ago
Amanda Gibson
I saw this on the news. Thank you for sharing this article!
Reply. 3 . Like . 1 hour ago
Julie Keyse
I've heard so much about bitcoin and everybody was using it, I'm going to give this a try!
Reply. Like . 2 hours ago
Peter Williams
I've made over £1,430 after just a week, I'm so close to leaving my job and doing this full time.
Reply. 12 . Like . 2 hours ago
Kirsten Bauman Riley
I bought my first bitcoin yesterday and I'm really excited to see what this can do for me over the coming days.
Reply. 30 . Like . 2 hours ago
Celia Kilgard
worked for me! It worked just like I thought it would. It was easy enough and I just want others to know when something works.
Reply. 53 . Like . 2 hours ago
Alanna 'martin' Payne
Thanks for the info, just started using the platform.
Reply. 16 . Like . 2 hours ago
Logan Chang
Been so busy with my kids lately, but this fits in just fine. I've traded up around £190 in 4 days. It's small, but a really good start!
Reply. 2 . Like . 2 hours ago
Mark Fadlevich
I've been so impressed by this, I've deposited over £500 into my account so far and made back more than 4 times that amount.
Reply. 11 . Like . 2 hours ago
Ashley O'Brien Berlin
Really easy to use and really fast. I'm not really a technical person, but I got the hang of this easy. It has made me around £130 after just a day!!
Reply. 33 . Like . 2 hours ago
Amanda Hickam
Just signed up, wish me luck people.
Reply. 23 . Like . 3 hours ago
Jonathan Jackson
My friend just e-mailed me this, a friend at work had told her about it. i guess it works really well
Reply. 6 . Like . 3 hours ago
Travis Wilson Hodge
Telling all my friends about this, thanx for the info
Reply. 2 . Like . 3 hours ago
Dean Phongsa
Wasn't sure about signing up, but I am so glad I did. I've made like £89 after just 2 hours on the platform. Really easy and really fast, nothing could be simplier
Reply. 17 . Like . 4 hours ago
Molly Murley Davis
I've gone ahead and made my initial deposit. I can't wait to get started and see what happens.
Reply. 8 . Like . 6 hours ago
Jenna Ponchot Bush
This would have to be the easiest way to invest in bitcoin ever, even I was able to do it with virtually no previous experience in the area.
Reply. 20 . Like . 8 hours ago
Kyle Miranda
I have tried so much of this kind of stuff, in one sense I want to try it but in the back of my mind I am thinking, yeah right!! Someone please reassure me it works.
Reply. 10 . Like . 8 hours ago
Tom Bergheger
I tried the platform thing a while ago and it worked pretty good for me.
Reply. 13 . Like . 8 hours ago
Eitan Silver
A few of my friends had invested in bitcoin and made an absolute killing do it, I'm going to be joining them soon.
Reply. 3 . Like . 8 hours ago
Gotmy Mindframe Right
Had no idea you could get results like this, does anybody know if you can invest in other crypto currencies.
Reply. 5 . Like . 9 hours ago
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