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[PSA] On "Coin Doubling" Sites
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pseudopseudonym is in PSA
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Hey there,

Just a quick PSA for those of you who are not aware.

There is a lot of talk going around about so-called "coin doubling" sites. I thought I'd clarify a few things.

The way these sites work is only in one of two ways:

  • They silently wait for huge deposits, get greedy and take the money and run.

  • They silently wait for a huge amount of money to be in the system, then take the money and run.

At any given time you could be screwed over. It's not worth supporting a Ponzi scheme like this because it will fall down and the money you could make from the scammers if you're lucky isn't their money - in effect it was stolen from people like you.

tl;dr: anything that promises to increase your money by some % is a scam almost all of the time.

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Posted
9 years ago