[MakingMoneyHoney]

As I've posted, BadBitcoin.org labeled this a scam site, a long time ago.

They can put anything they want in their list of "investments" and show whatever they want under their list of payouts. These sites, will pay out in the beginning to gain trust and to get people referring others for them, leading the lambs to the slaughter.

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Here is a post from BitcoinTalk's forum: https://bitcointalk.org/index.php?topic=900132.msg10091179#msg10091179

90mill TTC still not paid, already pending for 38hours, looks like they even dont care to respond, i think i have to put this info all around topics with their site, i dont care about ttc, but some ppl maybe will stop investing larger amounts cause they dont pay for everyone, and are not professional as they stated lol

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They also have their "Terms & Conditions". They say they will pay out every day, 12 hours at the most. They also say "CryptoDouble guarantees all payments made in time and under the terms stipulated in this Agreement."

They also say this at the very end (who's going to read down that far?):

"9.1. CryptoDouble reserves the right to modify Terms and Conditions at any time. You should check Terms and Conditions periodically for changes. By using this site after we post any changes to these terms and conditions, you agree to accept those changes, whether or not you have reviewed them. If at any time you choose not to accept these terms and conditions of use, please do not use this site."

That's right, they reserve the right to change the conditions at any time, so who's to say in 5 minutes, they won't change the conditions to, all investments are risks, and we lost all your money, bad break?

So please, never send more money than you're ok losing. They'll stop paying the altcoins first, as shown above, because people will be watching Bitcoin more than the alts, and of course, they don't show pending payments in the payout page, why would they?

[Bitcoiner001]

Just saw this post :o. Invested 0.011 BTC into it.. .

[MakingMoneyHoney]

(01-09-2015, 10:04 PM)Bitcoiner001 Wrote: Just saw this post :o. Invested 0.011 BTC into it.. .

You may get something back. But with every single passing day, it gets more likely they're going to run with the money.

https://bitcointalk.org/index.php?topic=900132.800;topicseen

This is the thread on Bitcoin Talk, plenty of people say they haven't been paid their altcoins back and some have said they're deleting complaint posts on their Facebook page. The lower Bitcoin payments seem to be working for now.

Personally, I would never give them money, especially since they're just using it to cheat someone in the future.

[MakingMoneyHoney]

People have been trying to get together a Class Action Lawsuit, yes, I don't know that they can do anything, but if you were affected you can check it out here: https://hashtalk.org/topic/29033/unite-against-cryptodouble-com-starting-class-action-lawsuit

[Ryan]

I don't think too much can be done about it either. I think we will get to a point in the future where scammers will be held responsible, but there are just too many grey areas to deal with at the moment.

[MakingMoneyHoney]

(01-14-2015, 07:11 PM)Ryan Wrote: I don't think too much can be done about it either. I think we will get to a point in the future where scammers will be held responsible, but there are just too many grey areas to deal with at the moment.

Yeah, I don't think much can be done with this site, as their rules said it was a risk, and they could change things, and also, that they can't control some things, and them getting shut down by someone else reporting them, kinda falls into their hands, to say they wanted to pay people out, but they were force-shutdown.

[Ryan]

(01-14-2015, 09:05 PM)MakingMoneyHoney Wrote:

(01-14-2015, 07:11 PM)Ryan Wrote: I don't think too much can be done about it either. I think we will get to a point in the future where scammers will be held responsible, but there are just too many grey areas to deal with at the moment.

Yeah, I don't think much can be done with this site, as their rules said it was a risk, and they could change things, and also, that they can't control some things, and them getting shut down by someone else reporting them, kinda falls into their hands, to say they wanted to pay people out, but they were force-shutdown.

Yeah exactly. Also, I doubt very much that they have a proper user agreement or terms of use that these types of sites should have - meaning they can pretty much do what they like with your money. Sorry to hear that you're most likely going to lose out on your investment Bitcoiner, it's not much fun at all being burnt like that.