The Ethereum Code Review
Name: The Ethereum Code
Price: Free (Software), $250 Investment
Owners: Jad Baker?
Overall Rank: 1 out of 5 ☠
My #1 FREE Pick: Click Here
NOTE: It is critical for you to know I am not an affiliate of The Ethereum Code. Rich Artist Starving Artist gives truthful, genuine reviews. My top priority is providing you with quality, entertaining, and informative reviews and I am not influenced by anyone or anything.
You’re likely here because you stumbled upon The Ethereum Code and heard how it claims it can make you $10,000 in a week.
I’m so pleased you found this review because I have been investigating this system and what it tells everyone simply does not hold up.
Jad Baker’s Ethereum Code
This system is created to aid you in making a ton of cash trading in cryptocurrencies. Jad Baker, the spokesperson, supposedly used to work in Switzerland for a large broker making a bunch of money for clients.
I was not able to verify that this was in fact the case because Jad Baker does not appear to exist anywhere, just like the Instagram account he exhibits in his video.
So, who the heck is Jad Baker?
This is troublesome, but it is only one of the many problems with this system. The sales video is long-winded, and claims it can generate you a ton of money etc., but it does not really give you any evidence of this whatsoever.
In the video, the so-called proof can be faked easily, and there is not a single thing to verify that any of the money generated came from using The Ethereum Code.
Problems With The Ethereum Code
“As NOT Seen On” – The Ethereum Code’s sales presentation implies they have been seen on various big-name websites like Forbes, CNN and Money.
However, after quickly searching these websites, I learned that this definitely isn’t the case.
This is a common tactic used by many scams online. They attempt to bring legitimacy to their system by plastering big-name logos all over their sales page and hope you’ll overlook it and be pleasantly impressed.
So, you can see that pretty much the initial thing you view on their website is a big fat lie!
Jacked Up Earnings Claims – $15,000 in a matter of 24 hours, a $10,000 a week guarantee and numerous other overstated claims are prominently highlighted on The Ethereum Code’s website.
Not any of these are supported with concrete evidence. As a matter of fact, if you were to question any broker, whether they trade in FOREX, standard stocks or cryptocurrencies, as to whether The Ethereum Code’s claims are legitimate, they would burst out laughing.
True, you can earn a considerable amount of money by investing, but the claims put forth by The Ethereum Code are crazy. Generally, with stocks, you would anticipate making approximately 7% returns spread over a ten-year period. With Forex, you can expect approximately 1% to 10% a month.
While a ton of money is truly being made trading cryptocurrencies, the market is fiercely unpredictable and fluctuates in any direction without any rhyme or reason. Losses of 50% across the board in a mere 24-hour time frame are common. As such, The Ethereum Code’s claims are ridiculous and should be taken with extreme caution.
Bogus Facebook Posts – Social proof is a strong motivator and a very valuable marketing tool. If you see other people experiencing success with a product, you are probably going to view the service or product as beneficial and take a gamble on it. That is why The Ethereum Code uses bogus Facebook posts.
These posts are not only not true embeds (they’re images), they can’t be authenticated. I performed a search on the user names and corresponding messages posted believing these were posted publicly, but I couldn’t find anything.
On top of that, if you examine these posts closely, all the posts that include the letters “s” and “t” beside each other display an error joining them. This may not appear like much, but why does every occurrence have it? It’s because only one person typed out the text!
Also, it’s rather interesting that I stumbled upon a version of the website in German, Spanish and Swedish that displayed identical Facebook profiles, but the names were different.
Questionable Testimonials – In addition to social media to supply social proof, a worn-out tactic by both authentic and unscrupulous marketers alike is to utilize testimonials.
Some of the details have been blurred for people’s protection.
Now, I cannot say 100% whether these testimonials on The Ethereum Code are authentic or not, but I have a few reasons why I believe them to be bogus:
- The sales presentation already has done nothing but continuously lie so why would it begin stating the truth now?
- The majority of the testimonials are from ministers or church pastors. It’s rather an odd and particular target audience.
What’s likely happened is that the photos were picked randomly from the internet with the strategic idea that, by selecting ministers, pastors and high school students, they would pass any checkup on the names (because a few have not been changed) and would bring you to believe that The Ethereum Code is genuine. For the reason that a minister thinks it’s an awesome product, certainly it is safe for you to get in on the action too?
Once more, I cannot definitely verify anything but I’m pretty certain that, if I made contact with any of these folks, they would tell me quite a different tale to what The Ethereum Code is selling.
Binary Options Broker – Finally, the broker making the trades is a well-known Binary Options broker called Optionstars.
While this does not indicate a scam per se, the Binary Options market is overrun with unscrupulous brokers and scammers all attempting to make a fast buck from your losses.
With the increase of cryptocurrencies, Binary Options brokers have extended themselves and are now offering trades in currencies such as Ethereum.
The point is that they are essentially making use of their Binary Options systems to carry it out. Binary Options are extremely risky and are basically a coin toss, so any trading in cryptocurrencies performed with these systems are alike.
The Federal Trade Commission (FTC) cautions folks about Binary Options and here, on Rich Artist Starving Artist, every one of my reviews on “systems” for trading Binary Options have been negative. Essentially, it’s because trading in Binary Options is just like gambling minus the capability to use knowledge, trends or anything else to help you …it’s a coin toss!
The Final Verdict
The Ethereum Code appears to be just another wily scam that is merely attempting to hype itself up to get you to invest with a broker. After that, the person responsible for The Ethereum Code receives a commission from the broker and couldn’t care less about any of your losses.
The fiercely unstable cryptocurrency market is comparable to gambling. There is actually nothing at all that verifies the system works or that the proposed earnings can really be obtained.
If they truly did have a sure-fire way to make millions, they would not just give the secret away for free. That would take away money from their own coffers. That’s all you truly have to know here.
The bottom line is this. There are just too many lies scattered throughout the sales presentation and as such only leads to one conclusion …the Ethereum Code is a big fat scam!
Before you go, I need to ask you a few very important questions …
Are you searching for a GENUINE Online Business Opportunity?
Are you tired of struggling online and want to once and for all succeed by receiving first rate, step-by-step training along with everything you could possibly need to succeed wrapped up in a complete package? …And, did I mention that it’s FREE? Yes, FREE!
Here’s to your success!