SCAM ALERT: BBB Accredited Website is a Bitcoin SCAM | dinbits


Another duck in the pond of bitcoin scams but this one takes it to a new level. It's a nice looking website with real time streaming payouts and all kinds of convincing information. This one stating that they are accredited by the Better Business Bureau! 

Of course this site comes with all the trimmings including the ludicrous statement of earning potential. I mean who the hell can pass up an accredited establishment that can double your bitcoin in 72 hours?  

Make that person yourself if you don't want to lose that bitcoin forever, because that's all that's going to happen if you send coin these folks way. 



DOUBLE YOUR BITCOIN WITHIN 72 HOURS!!

Yeah right. I always want to contact folks like this and ask:

How about you just give me a bitcoin in 3 days and we call it even? 

Of course that wouldn't fly either because it's just as silly as their statement. It's not possible to reliably achieve and one of the many reasons that double-my-btc.com is a SCAM.



This one is so obvious we almost didn't bother pointing it out but they had one item that needed to be addressed and one you just don't see all that often. According to their website, these folks are BBB accredited.

Let's Play Peel The Onion!

Of course ludicrous earning statements do not make it a scam. The following does:

Layer 1: Double your bitcoin in 72 hours. 

This just isn't possible, not reliably anyway. Anyone can manage to pull this off in a 72 hour time-frame, but ongoing day after day for whomever invests? No. Not possible.

Layer 2: BBB Accredited

2014 Gold Star Certificate! BBB! WOW!


Well it sure looks special, but it's bullshit. In fact, here's what the Better Business Bureau has to say about it: 


This business is not BBB accredited.

Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.

To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.

SHOCKER THERE!

Layer 3: Streaming transactions of payouts

Always a favorite tell. These are actual wallet addresses with actual transactions and everything!!

The problem is that the transactions that actually took place in these wallet addresses are not correct. Take the first one on the list for example:


So according to this fine "live stream" on January 3rd 2016, this individual was paid out 0.50 bitcoin with an initial investment of 0.25. Amazing isn't it?!

Well yes it's amazing alright, an amazing fabrication of the truth. There was no transaction on January 3rd, 2016 for 0.50 XBT. In fact, this wallet conducted no transaction at all on 1/3/2016. The only two transactions this wallet has ever been involved with were on December 23rd (0.225 Inbound) and then spent on January 2nd.

The only thing amazing here is the fact that these folks were so careless in their scam. I mean if you're going to try and pass off someone else's transactions as your own, then at least get the numbers right.

Layer 4: Age of existence.

Just a little over a month old, registered on Christmas day, December 25th, 2015. 

Domain Name: DOUBLE-MY-BTC.COM
Registry Domain ID: 1989551215_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.enom.com
Registrar URL: www.enom.com
Updated Date: 2015-12-25T02:31:55.00Z
Creation Date: 2015-12-25T10:31:00.00Z
Registrar Registration Expiration Date: 2016-12-25T10:31:00.00Z
Registrar: ENOM, INC.
Registrar IANA ID: 48
Reseller: NAMECHEAP.COM
Domain Status: clientTransferProhibited  Registrant ID: 
Registrant Name: 
Registrant Organization: WHOISGUARD, INC.
Registrant Street: P.O. BOX 0823-03411
Registrant City: PANAMA
Registrant State/Province: PANAMA
Registrant Postal Code: 00000
Registrant Country: PA
Registrant Phone: +507.8365503
Registrant Phone Ext: 
Registrant Fax: +51.17057182
Registrant Fax Ext:
Registrant Email: 
Registry Admin ID: 
Admin Name: 
Admin Organization: WHOISGUARD, INC.
Admin Street: P.O. BOX 0823-03411
Admin City: PANAMA
Admin State/Province: PANAMA
Admin Postal Code: 00000
Admin Country: PA
Admin Phone: +507.8365503
Admin Phone Ext: 
Admin Fax: +51.17057182
Admin Fax Ext:
Admin Email: 
Registry Tech ID: 
Tech Name: 
Tech Organization: WHOISGUARD, INC.
Tech Street: P.O. BOX 0823-03411
Tech City: PANAMA
Tech State/Province: PANAMA
Tech Postal Code: 00000
Tech Country: PA
Tech Phone: +507.8365503
Tech Phone Ext: 
Tech Fax: +51.17057182
Tech Fax Ext: 
Tech Email: 
Name Server: DNS1.REGISTRAR-SERVERS.COM
Name Server: DNS2.REGISTRAR-SERVERS.COM
Name Server: DNS3.REGISTRAR-SERVERS.COM
Name Server: DNS4.REGISTRAR-SERVERS.COM
Name Server: DNS5.REGISTRAR-SERVERS.COM
DNSSEC: unSigned
Registrar Abuse Contact Email: 
Registrar Abuse Contact Phone: +1.4252982646
URL of the ICANN WHOIS Data Problem Reporting System: 
Last update of WHOIS database: 2015-12-25T02:31:55.00Z


Layer 5: Testimonials

Back in Layer 4 we discovered that this "service" was all but barely a month old. This makes the testimonials even more interesting considering some of them happened months before this place even existed.

For example Hanns Wolters must have predicted the future back in April 2015 because that's when he date his testimonial,

2015-04-17 - Hanns Wolters -
" Great way to invest bitcoins! "
Their customer support was very helpful and easy to work with. Their online user FAQ is very friendly and easy to understand. I am very pleased with their service. Great way to invest bitcoins! My wife and I couldn't be happier!
― Thanks, Hanns Wolters
On the off chance there may have been a "typo" then just consider Mr. Stash. Stash predicted his fortune almost a full year before it was even possible.

2015-01-01 - Richard Stash - " Great company two thumbs up! " Great company two thumbs up! I like what you're doing, keep it up!― Best regards, Richard Stash

Layer 6: The name itself.

This should have been the first tip-off. The website says "double-my-BTC" and not double your BTC.

If It Walks Like a Duck

This is a new level of pathetic in using the BBB logo to sway people and one of the first of these daring to go there. This is so many kinds of wrong. However you do know what you get when you slap a BBB logo on a duck don't you?



Case in point. Avoid this website since you will only double their BTC and you'll be left with a negative 100% of what you put it.

DoubleMyBtc is a typical SCAM. Just one with a BBB logo plastered all over it. Quack!





Story by dinbits
image by dinbits staff


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