About QBITS MegaProfit System
According to Jeremy Hart, MIT wizard and creator of the QBITS MegaProfit System, he can grant you access to quantum computing software that mines millions of bits of data from all over the world, including financial markets, pop culture, and even psychology, and uses this information to make financial predictions in microseconds.
In fact, Jeremy claims that the QBITS MegaProfit System works 3,600 times faster than a supercomputer and can predict market movement with more than 97.5% accuracy. This means you’ll be able to make $1,000 or more every day from virtually anywhere in the world, without working. He even calls the System 100% risk free!
Here’s what we think: While we’re not necessarily coming right out and saying that the QBITS MegaProfit System is a scam, we do think there’s a whole lot of information you should be aware of before handing over your money. And that’s exactly what we’ll cover in this review.
First, what is quantum computing?
Quantum Computing: The Wave Of the Future
Although the precise details are far outside the scope of this review, quantum computing uses phenomena found within the field of quantum mechanics to crunch data; specifically the phenomenon of superposition, which states that it’s possible for a particle to be in two places (or states) at once.
In a nutshell, whereas conventional computers crunch data using bits, represented by 0s and 1s, quantum computers utilize something called qubits, which “can hold a one, or a zero, or a superposition of one and zero. In other words, it can hold both a one and a zero at the same time.”
Needless to say, because this third “dimension” is added in quantum computing, these computers would be able to crunch an unfathomable amount of data (at least compared to our current standards). So, from this perspective, it seems logical that a quantum computer could analyze financial data from around the world, along with “current news to financial markets, to pop culture and even psychology” and make trade assumptions based on what it finds.
Here’s the truth, though: there’s nothing about the QBITS MegaProfit System that involves quantum computing. How do we know this? To begin, the field is in its infancy, and no one can just build one whenever they like, as “Jeremy” claimed in the video. That’s why you’ll pretty much only find quantum computers at world-renowned research institutions.
To explain the rest, let’s move on to the next section.
The QBITS MegaProfit System & Capital Bank Markets Link
Here at HighYa, we’ve reviewed a lot of these software-based get-rich-quick schemes, including Quick Cash System, Fast Cash Biz, and many others. Invariably, they all make the same pitch; you can make about $1,000 per hour on autopilot, you’re one of a select few who will have access, they don’t want your money, etc.
But in the end, we always find they’re pitching some overseas broker who provides access to software that automatically trades binary options. At first, we thought QBITS MegaProfit System was going to be the same. But we were wrong. Well, half wrong, anyway. Why?
Because we were correct in guessing that QBITS is just a sales funnel for a London-based brokerage named Capital Bank Markets. And like all the other systems, they want you to deposit money into an account to get started.
What Exactly Are You Buying?
Here’s where we missed the mark, though: Nowhere on the Capital Bank Markets website are we told exactly what you’ll be getting for your money. There’s no mention of the QBITS system anywhere or what kinds of services the firm offers, and according to their Accounts page, depositing the minimum amount of 500€ basically only gives you “Student” access. What’s this?
Again, we don’t really know. We are told we’ll get access to an e-book and to CBM’s academy, but there’s no mention of an e-book anywhere else on their website, and their Academy page had zero content at the time of our research.
Given everything we’ve learned, where does this leave us?
Is the QBITS MegaProfit System Trustworthy?
Let’s recap what we’ve uncovered about the QBITS MegaProfit System:
- The whole System is basically just a front to convince you to sign up for a Capital Bank Markets brokerage account. There is no Jeremy Hart, Rich Nerd Club, or random quantum computer he built in his garage.
- Capital Bank Markets is an overseas broker, so they may not be subject to the same rules and regulations as a firm in the U.S. There’s also no online feedback about the company and they provide almost zero information on their website.
- In fact, we’re not even told what services CBM provides for your money (although according to Scambroker, they do in fact specialize in binary options).
- The QBITS video is filled with green screens and cheesy backgrounds, loud outfits, poor acting, and—despite being more than 30 minutes long—provides very little usable information.
- Even the awards featured on the QBITS website aren’t real. How do we know? Although the company claims they were ranked the #1 new system for 2016 by Computer Digest Magazine, this isn’t a real publication!
With all of this in mind, what’s not to trust about the QBITS MegaProfit System, or the broker behind the video? In our opinion, a whole lot.
Instead, if you’re thinking about trading binary options, learn about the pros and cons and the different trading strategies first, and then start shopping around for a broker. After all, although binary options trading is fairly new, there are a handful of firms that seem legit and a happy to provide you with a whole lot more information than you’ll get through the QBITS or Capital Bank Markets.