Anybody familiar with this website?
https://www.investyourbitcoin.net
I really want to work with them but I can't seem to find any review about it online?
It seems legit.. but is it legit?
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closed as off-topic by Nate Eldredge, Andrew Chow♦ Jul 4 '18 at 23:21
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking product or service reviews are off-topic because they tend to attract subjective, low-quality, and spam answers. On the other hand, offerings in the Bitcoin space are still evolving rapidly which often renders answers outdated quickly. For more information see this meta-discussion." – Nate Eldredge, Andrew Chow
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Any website or service that promises to 'double your coins' is almost certainly a scam. Do not send them any bitcoin, or any other form of money.
Think about it this way:
- Any sort of trading is a zero-sum game, there is not an infinite amount of BTC out there, to continuously double everyone's coins to infinity. Any trading strategy / whatever this website claims to do in order to double your coins, will involve a counterparty to the trade. Where else would they get the bitcoins from?
- With that in mind, if you were the website operator, and you actually had a fool-proof method to double up bitcoin, would you use it to double your money, or offer your service to others, to double their money? Your method cannot work infinitely, since it is a zero-sum game. So why let someone else take advantage of your method, instead of using it yourself?
The answer to this should be obvious: there is no 'foolproof way to double bitcoins'. Anyone claiming to have one is just trying to scam you.
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Darn... Just too late.. After 10 minutes I left this site to go check it out some more and I did put in a small investment just now.. But I really understand your explination that's what's bothering me right now.. – BivakBoy Jul 4 '18 at 23:31
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On the other hand.. I did just get a confirmation e-mail that looks legit ! – BivakBoy Jul 4 '18 at 23:31
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Scam sites will often look legit, until they run away with your money. In some cases they will even work to build up trust, giving you returns on small deposits, and then later stealing a large deposit. My sincere advice is to never again send them money, and in the meantime hope that you have your deposit returned. – chytrik Jul 4 '18 at 23:40
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@Bivakboy, the investyourbitcoin.net domain ("making money for you since 2016"!) was registered only yesterday. Its a clone of coin2x.me - another suspected ponzi fraud. – RedGrittyBrick Jul 5 '18 at 16:19
