Plenty of posts here referring to sites which can "double your investments" in a couple of hours.
Most of them claiming:
- You will receive 200% of your investment in a couple of hours;
- Some kind of limit on deposits;
- But also claiming you can make as many deposits as you like.
The following is an example of an investment of 5 BTC and doubling at the rate of every six hours:
You start with an "investment" of 5 BTC, get 10 BTC after six hours. Reinvest those 10BTC (as in 2x5BTC transactions) and get 20 BTC after 12 hours. Following this logic here is an overview of how much you would make after the initial investment of 5 BTC in a certain time frame:
0 hours ->5 BTC
6 hours ->10 BTC
12 hours ->20 BTC
18 hours ->40 BTC
24 hours ->80 BTC
30 hours ->160 BTC
36 hours ->320 BTC
42 hours ->640 BTC
48 hours ->1280 BTC
54 hours ->2560 BTC
60 hours ->5120 BTC
66 hours ->10240 BTC
72 hours ->20480 BTC
78 hours ->40960 BTC
84 hours ->81920 BTC
90 hours ->163840 BTC
96 hours ->327680 BTC
102 hours ->655360 BTC
108 hours ->1310720 BTC
114 hours ->2621440 BTC
120 hours ->5242880 BTC
126 hours ->10485760 BTC
132 hours ->20971520 BTC
138 hours ->41943040 BTC
So in a little under 6 days I could turn my initial investment into 419 million BTC. Unfortunately, that's a bit more BTC in existence at this time. Even more: it's roughly 20 times the amount of btc which will ever be in existence. So claims like these are
proven false.
Please don't fall for these obvious scams!
