Alert: stay away from new type of bitcoin scam

[SaShiRaJaVu]

There would be numerous testimonials in the telegram group which you guys will be added it's all fake.

This is nothing new, there were scams like these which used to advertise in the forum in the past with fake testimonies and now these scammers are using social media and other chat platforms and anyone new in the market will fall for these doubling scams after seeing all these testimonies and they even respond to your doubts as if they are using these funds to mine bitcoin and other cryptocurrencies  .

[gabbie2010]

There would be numerous testimonials in the telegram group which you guys will be added it's all fake.

This is nothing new, there were scams like these which used to advertise in the forum in the past with fake testimonies and now these scammers are using social media and other chat platforms and anyone new in the market will fall for these doubling scams after seeing all these testimonies and they even respond to your doubts as if they are using these funds to mine bitcoin and other cryptocurrencies  .

All these fake testimonies are done to showcase the authenticity of their dastardly act whereas they are fake thus a newbie will easily fall for it, honestly in some cases it may be absolutely hard to convince some newbies that all these act of money doubling are fake until they fall victim of the scam before they will agreed that is fake. honestly scammers had lately been using all forms of tricks via social media to scam investors even YouTube is not exempted, the bottom line is to continue to create awareness about those act of fraudulent activities to the notice of the forum members.

[milani]

There are numerous websites which claims to double your Bitcoin within 24 hours and I have heard from some of the victims that they just don't allow you to withdraw by asking you to deposit more bitcoin's in order to withdraw this end up cheating you without even returning your capital investment. Just to make their telegram look more genuine there are imposter accounts with names from multiple nationalities. Be aware guys as no one would be able to give you 100% profit within 24 hours so it's a scams and stay away from it. I will share futher details shortly.

There would be numerous testimonials in the telegram group which you guys will be added it's all fake.

Not only Bitcoin, but Ethereum and other TOP tokens have such scam versions that duplicate official pages, where they promise to double your assrts or get high rewards for simple tasks, they wrote that it is a unique opportunity and it is a great chance and only for you because you are do lucky, more lucky than others. And lots of people on emotions do not try to check the information, for example to ask in official groups wheather it is true or false information, in Discord official groups wheather some airdrop or campaign is going on. In crypto world and with finance it is better to make deep analysis before acting. It may safe assets with a high guarantee.

[In the silence]

this is always the problem.....

people don't understand that investment takes time to yield profit....

so sometimes I don't seem to look at the victims with empathy.....

100% profit in a month is near to luck.... how much more 24 hours

If you're an experienced trader, you can gain 100% of your profit within weeks. But there's some traders who gain 100% of their profits from trading from uncontrollable pump. On the other hand, If you the case is a yield farm, staking or lending feature, 100% profit gain within 24hrs is a crappy scam. It takes several months to gain 100% of your profit if you compound it from the start.

[CarlosCorreia]

Lately I have been seen this kind of scams in YouTube adds relating to Ethereum.

Scam like send 10ETH and we send back 100ETH.
Send 100ETH and we sent back 1000ETH +10%.
And so on…
Always 10x gains. I think someone who as that amount of tokens should know best, but we never know.

Whenever I saw this, I try to report it to YouTube, but the options are few.
Sometimes I can downvote, but other times that option do not appear. What I do is to flag it as inappropriate.
Don't know if this is the right option to follow, but its the only one that YouTube provides.

[matchi2011]

There would be numerous testimonials in the telegram group which you guys will be added it's all fake.

This is nothing new, there were scams like these which used to advertise in the forum in the past with fake testimonies and now these scammers are using social media and other chat platforms and anyone new in the market will fall for these doubling scams after seeing all these testimonies and they even respond to your doubts as if they are using these funds to mine bitcoin and other cryptocurrencies  .

Scammers are everywhere, they are aware of everything that might be ask so they able to prepare something to trap you
up in order for you to believe.

Good in the sense that they've already taking things in advance, knowing that they can fake things up and make you believe
that the business are really exist as testimonies from fake members are all written perfectly.

[Casdinyard]

Just keep in mind that nothing will be earned easily especially in this industry. No one will give you a chance to get something which will require you time and money, in exchange for an easier way. Such thing does not exist. In order to avoid such scenario, be realistic and avoid taking the shortcut to success. You'd be foolish if you will seek for that easy way than to go with the usual path. Many people nowadays are using the popularity of cryptos in fraud which victimised many people inside and outside this industry. This thing cannot be stopped in an instant so better educate people in your surroundings, or yourself, to not be fooled by other people. That's how simple it is.

[taufik123]

-snip- honestly scammers had lately been using all forms of tricks via social media to scam investors even YouTube is not exempted, the bottom line is to continue to create awareness about those act of fraudulent activities to the notice of the forum members.

Youtube is also a medium that is very widely used by scammers to create fake giveaways or double bitcoin and ETH assets. Some even believed and sent some BTC and ETH. But what is more than advertising on youtube is hacking into Twitter accounts of famous people with blue ticks and then posting the same thing about asset multiplication. The case on Twitter got excited and the hacker was caught.
The latest scammer fraud mode is increasingly varied and more organized, therefore be more vigilant and don't believe in all forms of a giveaway about your winnings or multiplying assets quickly.

[The Cryptovator]

Although the bitcoin double scheme very old scam method, but it still new for newbies whoever just entering on bitcoin lately. Surprisingly I have been adding such as telegram groups, I just report them and leave group or channel. Even though I hadn't made a post on the forum, but I have noticed many such threads. Yes, we need to create more awareness, so at least forum users would realize about that scam method and they could save their valuable assets. I have been reporting bitcoin doubler threads with referral links if found. Everyone should do the same IMO.

[VanityWallets2015]

-snip- honestly scammers had lately been using all forms of tricks via social media to scam investors even YouTube is not exempted, the bottom line is to continue to create awareness about those act of fraudulent activities to the notice of the forum members.

Youtube is also a medium that is very widely used by scammers to create fake giveaways or double bitcoin and ETH assets. Some even believed and sent some BTC and ETH. But what is more than advertising on youtube is hacking into Twitter accounts of famous people with blue ticks and then posting the same thing about asset multiplication. The case on Twitter got excited and the hacker was caught.
The latest scammer fraud mode is increasingly varied and more organized, therefore be more vigilant and don't believe in all forms of a giveaway about your winnings or multiplying assets quickly.

Indeed, frauds has taken up all of their scamming trick to different platforms nowadays and with wiser techniques.
Many are using the current crisis to lure more people, knowing they are desperately in need, into jumping to their schemes.
We should all be skeptical in everything we see online, especially with “instant” schemes being promoted by unfamiliar people to us.

[Oilacris]

-snip- honestly scammers had lately been using all forms of tricks via social media to scam investors even YouTube is not exempted, the bottom line is to continue to create awareness about those act of fraudulent activities to the notice of the forum members.

Youtube is also a medium that is very widely used by scammers to create fake giveaways or double bitcoin and ETH assets. Some even believed and sent some BTC and ETH. But what is more than advertising on youtube is hacking into Twitter accounts of famous people with blue ticks and then posting the same thing about asset multiplication. The case on Twitter got excited and the hacker was caught.
The latest scammer fraud mode is increasingly varied and more organized, therefore be more vigilant and don't believe in all forms of a giveaway about your winnings or multiplying assets quickly.

Twitter
Youtube
Facebook
and other social media platforms or mediums that people can able to communicate
had been infested with this scams.

Due to lack of knowledge and experience then there are really people whom do really fall even if its quite obvious on being a scam.
They do realize later on that they had lost money when it already too late. Learning thru experience is the most common scenario.

[taufik123]

-snip-
We should all be skeptical in everything we see online, especially with “instant” schemes being promoted by unfamiliar people to us.

Indeed, scepticism and vigilance will save everyone from this kind of scam. The online world is the most insecure place for the unwary and always hoping for "instant" money. They will be a potential target for scammers.

Twitter
Youtube
Facebook
and other social media platforms or mediums that people can able to communicate
had been infested with this scams.

Due to lack of knowledge and experience then there are really people whom do really fall even if its quite obvious on being a scam.
They do realize later on that they had lost money when it already too late. Learning thru experience is the most common scenario.

Almost all social media including telegram, which is currently a messaging platform that is widely used by crypto activists. I even received up to dozens of private messages that came to my ketegram about investing and asked for help with making withdrawals on condition that I made a deposit first.
Learning from the experience will keep everyone safe and don't get into the trap a second time.

All of these people are scammers

[goldade]

There are numerous websites which claims to double your Bitcoin within 24 hours and I have heard from some of the victims that they just don't allow you to withdraw by asking you to deposit more bitcoin's in order to withdraw this end up cheating you without even returning your capital investment. Just to make their telegram look more genuine there are imposter accounts with names from multiple nationalities. Be aware guys as no one would be able to give you 100% profit within 24 hours so it's a scams and stay away from it. I will share futher details shortly.

There would be numerous testimonials in the telegram group which you guys will be added it's all fake.

This is true. I once fell victim of scams like this. I was a newbie then and I was excited about the promise of having my coins doubled in just 24 hours only to realize that I was asked to deposit even more to make a withdrawal. I had done that twice before I realized it was a scam.
Well, my advice for newbies is that it is impossible for you to get your coins doubled by anyone. It's a total scam. Don't be deceived by that.

[k@suy]

There are numerous websites which claims to double your Bitcoin within 24 hours and I have heard from some of the victims that they just don't allow you to withdraw by asking you to deposit more bitcoin's in order to withdraw this end up cheating you without even returning your capital investment. Just to make their telegram look more genuine there are imposter accounts with names from multiple nationalities. Be aware guys as no one would be able to give you 100% profit within 24 hours so it's a scams and stay away from it. I will share futher details shortly.

There would be numerous testimonials in the telegram group which you guys will be added it's all fake.

Those people who are victims of this scheme are those who doesn't know what cryptocurrency is, and they want to have money and earn money in an instant or in the fastest way that they could. I experience that thing too in my younger years, hyip is my hobby wayback 2017, I will invest 1usd and wait for it to double within a day or less but then most of time, website is gone after hrs of running and we will left without nothing, we should teach them if they are willing to learn and to correct their bitcoin understanding.

[Twentyonepaylots]

This is very common in chat groups from telegram, where they will promise greater gains for people who would deposit money on their bitcoin address, which of course is something they wouldn't do, since there is no way in hell someone would be able to double your money within 24 hours, unless they have a gambling cheating trick which they abuse.

Although the bitcoin double scheme very old scam method, but it still new for newbies whoever just entering on bitcoin lately. Surprisingly I have been adding such as telegram groups, I just report them and leave group or channel. Even though I hadn't made a post on the forum, but I have noticed many such threads. Yes, we need to create more awareness, so at least forum users would realize about that scam method and they could save their valuable assets. I have been reporting bitcoin doubler threads with referral links if found. Everyone should do the same IMO.

Yeah, it mostly caters to people who just got into crypto and do not know their way yet, so it definitely causes this negative feedback loop on cryptocurrency's part as this disallows these people to trust the industry.

[stomachgrowls]

There are numerous websites which claims to double your Bitcoin within 24 hours and I have heard from some of the victims that they just don't allow you to withdraw by asking you to deposit more bitcoin's in order to withdraw this end up cheating you without even returning your capital investment. Just to make their telegram look more genuine there are imposter accounts with names from multiple nationalities. Be aware guys as no one would be able to give you 100% profit within 24 hours so it's a scams and stay away from it. I will share futher details shortly.

There would be numerous testimonials in the telegram group which you guys will be added it's all fake.

Those people who are victims of this scheme are those who doesn't know what cryptocurrency is, and they want to have money and earn money in an instant or in the fastest way that they could. I experience that thing too in my younger years, hyip is my hobby wayback 2017, I will invest 1usd and wait for it to double within a day or less but then most of time, website is gone after hrs of running and we will left without nothing, we should teach them if they are willing to learn and to correct their bitcoin understanding.

Not only on this cryptocurrency market but these things had already been existing into those traditional markets that we know or shall we say, before this market had existed.

Due to human being's lack of knowledge and extreme greed on things this is the common result or situation that these people do experience.

Some people do able to avoid these things with just using their own common sense but majority doesnt learn up until they do experience on being scammed.
Lots of them are lurking in the shadows and just waiting for the right opportunity.

Specially this type of scamming: https://www.reddit.com/r/CryptoCurrency/comments/826cc7/warning_scammed_by_receiving_a_private_key/
This doesnt talk about bitcoin but rather ETH but still all the same in the name of scam.

[MCobian]

Many people still believe in scammers who offer double your Bitcoin within 24 hours, because most people still think they can get instant profit
from Bitcoin. So there are still many who don't understand how Bitcoin works, and only look at people who are rich because of Bitcoin. The scams
that offer double your Bitcoin are not a new type of Bitcoin scam, but have been around for a few years. Usually when the Bitcoin price is rising,
such offers often appear. Especially the Telegram platform, the most scammers looking for victims there. The thing that must be understood is that
to get profit from Bitcoin there is no instant way, it goes through a long process.

[Amejoaquim]

There are still many fools people in this world who still believe in this SCAM.

They want to double their money very quick but they don't use their brain.

I never believe in this type of scam, even though im a greedy person.

[Yamifoud]

Many people still believe in scammers who offer double your Bitcoin within 24 hours, because most people still think they can get instant profit
from Bitcoin. So there are still many who don't understand how Bitcoin works, and only look at people who are rich because of Bitcoin. The scams
that offer double your Bitcoin are not a new type of Bitcoin scam, but have been around for a few years. Usually when the Bitcoin price is rising,
such offers often appear. Especially the Telegram platform, the most scammers looking for victims there. The thing that must be understood is that
to get profit from Bitcoin there is no instant way, it goes through a long process.

Greedy people can simply never think about it but rather jump into it very quickly hearing about doubling your money. Regardless of how the government giving words and awareness to the public but somehow, there still a lot of people being tricked to this and become a victim.

More possible and easy scams happening in social media since most of us now are engaged in this. But still, we can avoid this if we keep ignoring the stranger talking about this. Because there is no other reason why they promote this kind of offering, not to help but obviously to scam.

[Oceat]

There are still many fools people in this world who still believe in this SCAM.

They want to double their money very quick but they don't use their brain.

I never believe in this type of scam, even though im a greedy person.

I believe newbies are always the first victim to this kind of scheme, meaning they don't have a vast experience how things work in crypto space believing that someone would double or triple their money if they invested it on the people who promote it. It's saddening to see this to happen until now because I myself is also a victim to this kind of scheme but by the time I was introduced to invest in Bitcoin while learning how to do your own research, I learned to be very cautious when it do comes to your own money.

It's best to report the one who promoted such scheme to let everyone know or avoid anymore people getting scammed by these schemers.