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Was Bitcoin Revolution endorsed by Shark Tank?

Was Bitcoin Revolution endorsed by Shark Tank?
James Knight
Mar 11, 2020, 07:23 AM

Over the last couple of months, there has been a growing number of advertisements for various Bitcoin traders including Bitcoin Revolution. The adverts have been doing rounds on the internet claiming various celebrities, prominent investors, and TV shows have endorsed certain Bitcoin trading tools. But months later, thousands have come out saying they had been swindled of their investments.

The celebrities warned against buying into the schemes which most termed as “total scams”. However, for some, the warning came a little too late since millions had already been dupped.

We’ve been doing a series of investigative posts in this regard, to try and establish the truth about the Bitcoin scams. In this piece, we dig into one such scheme, involving Shark Tank and crypto trading tool, Bitcoin Revolution.

Herein, we’ll and answer one critical question: Did Shark Tank endorse Bitcoin Revolution as alleged?

Before firstly, let’s get the basics right, shall we?

What is Shark Tank?

Shark Tank is a popular American reality TV series on ABC that started airing in 2009. The series is inspired by international franchise Dragon’s Den, whose origin traces to Japan as Tigers of Money in 2001.

Shark Tank features entrepreneurs pitching their business ideas to a team of investors, referred to as “sharks”. The investors have a chance to analyse individual investment ideas and decide whether or not to invest.

The show has been a success for years now, winning more than four times in a row the  Primetime Emmy Award for Outstanding Structured Reality Program, the entire period of that category’s existence.

Currently, Shark Tank’s investors’ bench is made up of Mark Cuban. Net Worth: $4.3 billion, Kevin O'Leary. Net Worth: $400 million, Daymond John. Net Worth: $300 million, Robert Herjavec. Net Worth: $200 million, Lori Greiner. Net Worth: $100 million, and Barbara Corcoran. Net Worth: $80 million.

About Bitcoin Revolution

Bitcoin Revolution claims to be a selective group of individuals who have exploited the movements of Bitcoin to earn both small and huge returns. Users of the platform benefit from monthly withdrawals, after putting in “some work” each day through the Bitcoin Revolution app.

According to the site, there’s is a computerised cryptographic money trading application that can either be used manually or automatically. Investors can gain access to the tool via any internet-enabled device from any part of the world.

Bitcoin Revolution claims to have a 99.4% accuracy level on all its trades, placing it ahead of most of its rivals.

Did Shark Tank endorse Bitcoin Revolution?

We established that Bitcoin Revolution never appeared on Shark Tank as alleged by online adverts. The ads are deliberately meant to mislead investors into believing that Shark Tank endorsed the platform after it appeared on the show.

Why the media is focusing on this story

In the real sense, the most obvious reason why this story is attracting a lot of attention is due to the popularity of the TV show, Shark Tank. But perhaps the other reason is due to the undue influence by 3rd party marketers who are busy driving traffic to their sites for sign up and click-through commissions.

While both Shark Tank and Bitcoin Revolution has been demonized for allegedly misleading the public, we found out that neither of the platforms put up any advert regarding the endorsement or Bitcoin Revolution’s appearance on Shark Tank.

Is Bitcoin Revolution trustworthy?

You work hard for your money, and you deserve to invest in a legitimate platform that will secure your investment while granting you a fair return on your placement. We went ahead and did some digging to establish among other things whether this platform is a scam as claimed by many, how it works and gave our verdict about our evaluation. We welcome you to check out our brutally-honest review of Bitcoin Revolution right here.