Dobitcoin.io Review Why Waste Your Money on BTC Doublers (SCAM)

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

Contents

Dobitcoin.io Review: Why Waste Your Money on BTC Doublers (SCAM)

Dobitcoin Review: A legit investment or another short span investment? Read our reviews to see what experts have to say about Dobitcoin Doubler Investment.

This website promises to grow your money. Is Dobitcoin.io a reliable crypto doubler? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

In this review, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

What Is Dobitcoin- Is Dobitcoin.io Paying?

Dobitcoin.io is a recently launched investment platform with an awesome interface. They can double your bitcoin in 24hrs. There doesn’t seem to be much about this platform online. However, their website is pretty convincing, and if given room to be popular, they would easily make away with people’s money.

Dobitcoin.io Scam Review: Disturbing Things Found

Though this site might appear legit to a newbie, the truth is that it is just a wishy washy HYIP just like Flamebit, it is designed in such a way to convince unsuspecting investors. The truth is that Cryptowise shares some features with the doubler platform called Crypto Emirates that duped a lot of investors few weeks ago.

This simply means, Dobitcoin is like every other HYIP. It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested.

Thus, the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. However, the system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially. Why spend your time on HYIPs when there are other legitimate and sustainable ways of making money?

Three Reasons Why Dobitcoin.io Is Not an Ideal Investment Platform For You

Many HYIP monitors wouldn’t tell you how this system works, even trusted hyip monitoring sites wouldn’t be quick in telling you that some of these HYIPS like Dobitcoin have a very very short span life. Below are reasons why we think it is not the best investment for you-

  1. Dobitcoin.io is unpredictable. We can’t tell what their next move would be. That being said, your money is always at risk, as they might decide to stop paying anytime.
  2. We couldn’t come up with those behind this platform, notwithstanding the extent of our thorough investigation.
  3. Dobitcoin.io works with some HYIP monitors. Their affiliate program is lucrative, so even top 10 trusted hyip monitors would promote. Hey! don’t let your guard down.

Is Dobitcoin.io a Scam or Legitimate Investment?

Though they provide a registration certificate and so-called evidence of payments, don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries like the USA are not in actual sense located there.

Sometimes these platforms might pose as an investment platform, doubler platform or even a mining platform. Often times they might run an ads through the google ads academy or even get a youtube ads making them look legit. But the truth is that they do not have the equipment that make them what they claim to be. Rather what they do is circle the funds of investors, and when they have made a lot of unsuspecting investors trust them, they stop paying.

The truth is that even the longest paying hyip would one day flop. The system is not sustainable. Why waste your time and money when there are legit and paying bitcoin investment sites? You could even start forex trading with the help of trusted brokers.

Dobitcoin.io is not a trusted Investment Platform

How To Know Investments Scam Formats

It is true that most of this high yield investment platforms look like the real deal, thus confusing us.However, there are various ways to find out if an investment platform is a lackluster HYIP or if it a trusted investment platform. Below are ways you could find out-

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

  • ROI- The returns offered. Are they sustainable? Can the funds be shuffled round and get to every investor? are the offers realizable?
  • History- Does the platform have a history? Can the company behind it be found online?
  • Transaparent– How transparent is the information on the website?
  • Contact– Can you reach them? Is the address made available on the platform?

Conclusion-

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. .On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

Bitcoin Doubler Review – SCAM Warning!

This is an in-depth and completely unbiased review of Bitcoin Doubler. As you can guess from the name, the website is a scam and we are about to expose it to the entire world in this article. It is our social obligation and duty to humanity to expose scams like Bitcoin Doubler and save a lot of people from the heartbreaks, headaches and stress that being scammed brings about. Read this with a pinch of salt and a smile on your face knowing that we always got your back, and most importantly share with your friends and family.

Update (July, 2020): There are a TON of Bitcoin Doubler scams. We set up a page that will be contstantly updated with the latest, most viral doublers. Check it out here: Most Viral Cryptocurrency and Bitcoin Doublers.

What is Bitcoin Doubler?

Bitcoin Doubler, which operates under the (corny) domain name bitcoin-doubler.tech, is an investment program which increases the value of deposits by up to 2 zeros. Supposedly, investors can earn returns of up to 100 times their investment within 24 hours in this program.

As the story goes, the Bitcoin Doubler was founded in 2020 by a team of “enthusiasts” who mistakenly discovered a small flaw in the “Bitcoin client,” whatever that is. In reality, the domain name bitcoin-doubler.tech was registered in 8th June 2020 – first lie caught, first red flag. Moving on, the small flaw turned out to not be that small after all as it enables them to multiply Bitcoins send to them up to 100 times. Of course they don’t want a lot of people to know (lest they copy) and so would we mind keeping it between us?

Back to the innovative team behind the Bitcoin Doubler program, they allegedly realized a weakness in the blockchain that allows them to add new positions. They then ‘double spend’ all the Bitcoins deposited by users and multiply them by up to 1000% (one thousand) of the original deposits. They then keep some to cover operating expenses and as profit and use the remainder to repay their investors in hundred fold – that is, their deposit multiplied by 100.

How does the Bitcoin Doubler program work?

As it is, the Bitcoin Doubler website is very scanty with the intricate details of how the program works but we did manage to extract some useful, albeit nonsensical information from the poorly written web content. So here’s how the site works: The first step involves sending some BTC to the site’s address as provided. No account registration is required (red flag!) and presumably no personal details are needed. The minimum deposit required is 0.035 BTC. After sending the money, a unique transaction ID is generated and serves as proof of deposit. The next step is to wait for 24 hours for your returns to be transferred to your wallet. And that’s about it.

Imagine how much Bitcoin you can make from this website in a week if everything was true? Hell, Forbes magazine would dedicate an edition to examining the Bitcoin revolution and TV hosts would be falling over themselves to host the team behind the website to explain their wonderful idea. Note the operating phrase is, IF it were true. Are we saying it isn’t true? Well.

Scam Test: How credible is Bitcoin Doubler?

In this section, we attempt to determine the credibility, or lack thereof of this site using a set of questions selected by our team from the hundreds sent by our readers based on their relevancy.

Does the website promise unbelievably high returns?

Yes. Bitcoin Doubler promises very high returns of up to 100 times the original investment in a single day. That simply means that, if for instance you deposit 1 BTC, you are bound to receive 100 BTC within 24 hours, and it comes with ZERO risks. Such kinds of returns can only be achieved in corrupt and illegal dealings and even those have some risks.

Is there any information about the owners on the site?

Not really. All we know is that the the website was created by a team of ‘programmers, brokers and investors’ who are passionate about Bitcoin. No more information is provided and as it is, we don’t know the names or the faces of those people. We can’t even tell how many they are and their job descriptions. Most importantly, we are not really sure that they even exist!

Recommended Services
Best Crypto Exchange
Best Brokerage and Auto Trading Robot
Recover Money from Scams

A WHOIS query doesn’t help either since they are using a privacy service to hide their identities.

How old is the website?

Having been officially registered on February, Bitcoindoubler.tech is about 2 months old as at the time of writing this. We are surprised that the site has survived for that long with its terrible reputation and we do hope that it dies soon. That said, the site’s age is still below our recommended age of 6 months and above for websites requiring you to send money.

Apparently, they owned bitcoin-doubler.bid before. Seems like each time they get blocked, they open a new site with a different TLD. There are thousands of TLDs nowadays so they can potentially keep up with this scam indefinitely.

Bitcoin Doubler do have a Facebook page which, although barely active, is a great start. However, we found that the site actually has links and is most likely owned by the same person/people who also own Bitcoin-price.bid and thebitcoiner.bid, both of which are certified scams. We couldn’t find any credible site linking to Bitcoin Doubler which says a lot about the site.

Does the site have a physical address?

To put it simply, the only address provided on the website is the support email address. There is no phone number or office address for mailing purposes or any other form of address. The Bitcoin Doubler website is also registered under an unknown jurisdiction, thanks to WHO.IS, which makes it impossible for us to get any details on its location or owners. It also means that you have no way of tracking them if they disappear with your money, and trust they will.

How does the site rank on Alexa?

As at the time of writing this report, Bitcoindoubler.tech had a global ranking of 642,281 on Alexa.com. Most of its visitors seem to be from Brazil, India, United States, Indonesia, Nigeria, Malaysia, Pakistan and Bulgaria.

Conclusion

The scam test above proves that Bitcoindoubler.tech is a scam created for the sole purpose of enriching the owners who, as you have seen, also operate several other scams. Keep away from this site and the others mentioned herein if you value your money and your time.

Verdit: Bitcoin Doubler is a SCAM!

Blacklisted sites: bitcoindoubler.tech, bitcoindoubler.fund, bitcoindoubler.expert & bitdoubler.tk

If you have been scammed by Bitcoin Doubler, please let us know by commenting below.

Visit our Day Trading Guide to learn about legit cryptocurrency investment routes to consider.

Crypto-scan.ltd Review: Why Waste Your Money On Doublers

Crypto Scan Reviews: A legit investment or another short span investment? Read our reviews to see what experts have to say about Crypto Scan Doubler Investment. This website promises to grow your money. Is Crypto-scan.ltd a reliable investment? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams.

In this review, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

What Is Crypto Scan- Is Crypto-scan.ltd Paying?

Crypto-scan.ltd is a recently launched investment platform with an awesome interface. They claim they can make you 100% in just 24 hrs.. However, there are no proofs to this claim. Their website is pretty convincing, and if given room to be popular, they would easily make away with people’s money.

Crypto-scan.ltd Scam Review: Disturbing Things Found

Though this site might appear legit to a newbie, the truth is that it is just a wishy washy HYIP just like Flamebit, it is designed in such a way to convince unsuspecting investors.

This simply means, Crypto Scan is like every other HYIP. It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested.

Thus, the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. However, the system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially. Why spend your time on HYIPs when there are other legitimate and sustainable ways of making money?

Reasons Why Crypto Scan Is Not an Ideal Investment Platform For You

Many HYIP monitors wouldn’t tell you how this system works, even trusted hyip monitoring sites wouldn’t be quick in telling you that some of these HYIPs have a very very short span life. Below are reasons why we think it is not the best investment for you-

  1. Crypto Scan is unpredictable. What this simply means, is that they could stop paying anytime.
  2. The returns are unrealistic. Common, how would they be able to keep shooting out that amount?
  3. We couldn’t come up with those behind this platform, notwithstanding the extent of our thorough investigation.
  4. Crypto-scan.ltd works with some HYIP monitors. Their affiliate program is lucrative, so even top 10 trusted hyip monitors would promote. Hey! don’t let your guard down.
  5. There are no Financial Authority acting as a watch dog over their actions, so they are not bounded to any regulation, and could do as they please with your hard earned money.

Is Crypto-scan.ltd a Scam or Legitimate Investment?

Though they provide a registration certificate and so-called evidence of payments, don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries like the USA are not in actual sense located there.

Sometimes these platforms might pose as an investment platform, doubler platform or even a mining platform. Often times they might run an ads through the google ads academy or even get a youtube ads making them look legit. But the truth is that they do not have the equipment that make them what they claim to be. Rather what they do is circle the funds of investors, and when they have made a lot of unsuspecting investors trust them, they stop paying.

The truth is that even the longest paying hyip would one day flop. The system is not sustainable. Why waste your time and money when there are legit and paying bitcoin investment sites? You could even start forex trading with the help of trusted brokers.

Crypto-scan.ltd is not a trusted Investment Platform

How To Know Investments Scam Formats

It is true that most of this high yield investment platforms look like the real deal, thus confusing us.However, there are various ways to find out if an investment platform is a lackluster HYIP or if it a trusted investment platform. Below are ways you could find out-

  • ROI- The returns offered. Are they sustainable? Can the funds be shuffled round and get to every investor? are the offers realizable?
  • History- Does the platform have a history? Can the company behind it be found online?
  • Transaparent– How transparent is the information on the website?
  • Contact– Can you reach them? Is the address made available on the platform?

Conclusion-

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. .On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

Like this post? Please share to your friends:
Binary Options Trading Education
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: