Appearing on channel 10's hit show, Shark Tank, two best friends from university pitched their idea for an automated bitcoin trading platform, called Bitcoin Hero. 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, and the automated trading algorithm would go to work. Using a combination of data and machine learning, the algorithm would know the perfect time to buy bitcoin low and sell high, maximizing the user's profit.

The entrepreneurs intend to make money from their platform by charging a small commission on only the profits a user generates. They asked the sharks 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 Janine Allis deposit $250 live on the show.

"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." Janine said.

After her initial deposit for $250 was made, the trading platform went to work buying low and selling high. Within 3 minutes, she had successfully increased her initial funds to $323.18. That's a $73.18 profit.

"Bitcoin is so hot right now and if even somebody like Janine, no offence Janine, 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." Steve Baxter said.

Before the entrepreneurs even had a chance to respond to Baxter's offer, Janine Allis interrupted and said with a smile on her face: "I've gone up to $398.42 after just 8 minutes".

Although at this point all 5 Sharks were ready to invested, a bidding war quickly emerged between Glen Richards and Steve Baxter. Richards improved on Baxter's offer, by $2.5 million for 25%, whereas Baxter 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 Shark Tank.

We decided to put Bitcoin Hero to the test, to see if it was really possible for you to make money using the platform.

As you can see from the screenshot below, I decided to used the 'withdraw funds' function to withdraw $7,300.59 from my account.

THE SHARKS ABSOLUTELY LOVE BITCOIN HERO

“Bitcoin Hero has been the greatest investment I've ever made! The business has been growing at over 2,400% this year alone. And as a user of the platform, my Bitcoin trading profits have increased by 320% on virtual autopilot.” - Steve Baxter

“I missed out on the Bitcoin Hero investment, as the entrepreneurs decided to go with Steve Baxter, but I've been making huge returns as a user of the platform! My return as a user has been over 630%, which is much bigger than anything I've made here in Shark Tank” - Glen Richards

“I missed out on the Bitcoin Hero investment, as the entrepreneurs decided to go with Steve Baxter, but I've been making huge returns as a user of the platform! My return as a user has been over 630%, which is much bigger than anything I've made here in Shark Tank” - Glen Richards

“I'm still in shock, I deposited $250 live on the show and it immediately returned a $73.18 profit after just 3 minutes. That is the biggest and fastest return I've ever seen after 3 minutes. This thing is legit.” - Janine Allis

“Bitcoin Hero has revolutionised the world of investments for me. I've almost completely abandoned my normal stock portfolio in favour of Bitcoin trading. With the use of Bitcoin Hero, you can make more money, faster, easier and with absolutely no prior bitcoin or investor knowledge.” - Andrew Banks