Bitcoin Forum

certain schemes popped up before the bull run of 2017, claiming to double bitcoin using a certain software or softwares after you send ur precious bitcoin, these were just ways of stealing from unsuspecting people, till date those schemes are still claiming to be able to double ur bitcoin which even miners can't do! I know a lot of people might want to think there isn't hope for crypto in sight and may want to risk remains of what they have! Be warned; no one can double ur bitcoin, don't be fooled keep ur bitcoin as precious as ever, a bull would be back someday! Let's share ur thoughts about doubling, have u been scammed before by " Bitcoin doublers"? How did u get over it after realizing u were fooled and duped!?

Recently read a post on the forum that someone still fell for such a scheme and lost their bitcoins. It's very sad, actually. People are already so desperate that they begin to believe all sorts of scams. But I also urge everyone to be careful. No need to chase a big profit, you still have time to get rich.

Never experienced to scammed on bitcoin doubler sites but I have many experiences on cloud mining sites and investment site that related on Crypto.

All of them are all the same that they promise to make your investment double but after that, they run all investment of all investors.

Did you hear about scrypt.cc and coinsera? I can't forget these 2 sites because I thought that the site can give me a real profit and passive income while my bitcoin stuck on their site. I experienced to withdraw on their site in the first time so I encourage to invest more but for the 2nd time my withdrawal never arrive and it's stuck forever.

Now, I learned to never invest in any investment sites and doublers there is no free profit online(except for holding crypto or Buying a miner) because those sites are useless and own by scammers.

Bitcoin can’t really doubled easily, and its obvious that is a scam. I remember on twitter that a lot of scammers where they said when you invest 1 eth you will get more eth and because of that, many investors lose their money easily. Always be careful on dealing with this kind of investment, if its too good to be true stay away from that.

to be rich with bitcoin is not easy ... all need a struggle ... we have to be careful with the many offers to invest with bitcoin will generate multiple wealth ..

This is truth. Of course, we never know what will happen tomorrow but it's better to be patient. Also leaving the password of your wallet somewhere someone you really trust can find it in case something happens also.

Sadly scammers will exist for a very long time until humanity as a whole improves a lot. In every aspect of life where see that someone believes them and i fell myself for some, but while trading.

When anything new appears, there are many fishermen in muddy waters. Block chains and digital money, as the most popular concepts in recent years, are no exception. You must remember that anything involving money should be vigilant and carefully identified. In the face of digital currency investment, investors should pay attention to the following points:
1. Choose regular exchange transactions. Before trading, head exchanges with complete licenses and large transaction amounts are selected for trading. To avoid the Shanzhai exchanges with simple technical structure and no security precautions and false currency without actual landing application, these are basically digital currency frauds.
2.Second, investment projects should be rational. In the process of investment, we should know whether the block chain project or individual's behavior of absorbing funds conforms to the financial management law, inspect the real assets and operation status of the project party or individual, analyze whether the promised earnings are reasonable, and not blindly invest by the appearance of "dazzling signs, attractive projects, high returns".
3.Third, enhance risk awareness. High returns are often accompanied by high risks. Wool comes from sheep. Illegal financial activities in the currency circle carry huge risks. Investors should first consider the safety of funds and not be tempted by the high interest advocated by the project side or the platform bosses to lead to unstable principal and eventually become Answer man.

The best way to invest is for investors to get away from the digital money investment packaged with block chain technology and give up the illusion of instant success and instant profit. Once encountering the fraud of digital currency, investors should set up the rights protection group at the first time, collect the fraud evidence of the project side, and report the case to the public security organs.

Sadly to say, people will still fall for all these even if they know it will eventually crash. A friend of mine has been adverting a scheme called VCI for short, they do a daily trade and pay them some daily percentage, even though he knows what befell me in USI-TECH and the losses I suffered and still regretting, he choose to now invest his BTC in a HYIP. Well one can not teach an dog a new trick, I have left them to their fate.

this is not new, it has been going on from the early days. mainly after the newbies came in who were too lazy to educate themselves. in fact we had a lot of these sites a couple of years ago. i remember back in 2014 i saw a new one every day and all of them claimed the same thing about finding an "exploit" in bitcoin which allowed them to double bitcoin. the funniest thing is that nobody asked themselves why are they doing it with other people's bitcoins if they really have a way why not use it for their own coins :D

in any case each time there is a surge of lazy newbies, these old way of scamming will also surface again and they try them on these newcomers.

OP, but it's true. You can literally "double your Bitcoins" with this software, https://github.com/Bitcoin-com/Wallet/releases/latest

You can also do it many times over using other "Bitcoin" software, then dump them, and then buy more Bitcoins. 8)

I was a victim of HYIP platforms (high yield investment) that claimed to double my bitcoin in a week ,truthfully I did make good buck but greediness won't let me quit and I lost everything I won

Not only Bitcoin doubler, all the sites asking for payment in BTC  like .1 BTC to send you 1 BTC also be avoided. They claim they have find a fault in BTC code so they are generating free BTC. Do not believe them and do not send them any BTC.

The newbie often searches for a quick income are the victimized of these scheme. You can't prevent it because they have a bit little knowledge about this world.

There's no such thing as double your money in just a short period of time. These kinds of schemes will just put your bitcoin down the drain. The best thing to do is invest in trustworthy projects that could potentially multiply your initial investments. There are lots of scams now so only invest an amount that you can afford to lose and always do your own research on a project that you wanted to invest your hard earned money.

therefore bitcoin is just a side job because every bitcoin price always experiences a dramatic increase and decrease, so bitcoin cannot be relied upon to earn income every day

I think people learned that after the bitconnect scam, they would double your bitcoins but only if you got in early and then got out quickly. Sad for those that invested late, that is why good ico's are important

Yeah I found the same for ETH too, was eager to try out how to get doubling ETH by sending some to the scams

it is already stated in the whitepaper for all to see and be informed of the newest Distributed Ledger Technology in the globe that it created only 21 million bitcoin and can not create or recreate any other apart from that which has already been created by satoshi nakamoto. if anyone decides to believe any fairytales told him/her by another person then its entirely up to the person.

As the crypto continues to grow, there's also more information we know, and we know that there are many scams in the space.
I believe that people are more wise now, and that is due to observation in the market, they don't need to experience to learn it, by simply
doing some small research, they'll already know which are scams or not.

Also, it's common sense, no such thing that would double your money easily, otherwise we are all rich already.

The only way to double our money is to gamble or invest at a legit project, and also trading will work.

Yes, I was one of the those statistics before. Well, I was fairly new in the ecosystem and someone message me to join under his referral so I oblige since he is my friend and started to invest a small amount.

And just like any other bitcoin doubler, it will pay you off in the beginning, so you think its not a scam afterall. So i re-invest and the next thing I know, the site went offline and pulled a exit scam already. Good thing is that I only invested a couple but I heard my friend was able to get referrals who invested thousand of dollars, ouch!!!

Yeah, investment is not easy to get double, in crypto market too. Scammers operate any where, so a lot of investors have lost the money by them. I think that people should learn to trade, it can give the profit. Never believe in words of adverting to get double.

if for now it is true that bitcoin cannot be relied upon to make money because the price is still difficult to increase, but if in 2017 Alu Bitcoin is very promising and can be counted on if I think

this is sad, but there is no  cure for stupidity - those greedy people are their own enemy.

People blinded by greed seems to have their brain similar to mashed potato wrapped in thin foil. If such an investment vehicle (or scheme) were indeed able to provide twice the amount of investment for an x amount of time, surely it will be highly unsustainable. Especially in cryptocurrency where it is a zero-sum space.

The Internet is fueled up with wrong information on different websites and people are following it blindly in order to earn profit overnight. See, greediness is not the option and that's not how things work.  Bitcoin is market for the people who are patient can wait for a long period of time until bitcoin becomes stable. Though bitcoin is secure but wrong information on the websites is making people fool. I have also heard so many cases in which people have become the victim of fake websites. If you are really interested in making money through bitcoin investment, follow the authentic bitcoin websites and do proper research. Don't fall for the scams!

If anyone or any system claim our possess bitcoin can be doubled definitely it is a scam because bitcoins is the most secure network to do transactions that was invented so users should be more aware regarding these things because getting scam is a terrible thing to happen which is a common thing now in the digital currency world and also a sad thing to see because the main reason for developing bitcoin or any altcoin was to make transactions more secure from criminals but the people who use the system is much corrupted today so even these inventions are much pure and developed with good intentions users get hacked and loose there money due to hackers

ok i am little picky... but considering that the Titel is "BITCOIN CAN'T BE DOUBLED. BE WARNED".

If the social Consensus is there and everyone would Agree to Double the Supply, we would have Bitcoin Doubled.

Imagine in a Few century´s when the Major part of the Supply is Locked by Dead People or Lost Key´s.

Thanks for sharing the information, I wonder why someone will still fall for such an obvious scam scheme when even a noob should be able tell that a scam is written all over such scheme and there is no chance of it being legitimate.