Trueprofitpaying.com
Because there are a lot of these hyip/scams, people think there must be something to them. There isn't. They all just steal everything. 2/14/16

Freecoinsfast.club
The coins are free!! Now where have they all gone to? 2/14/16

Tradeinstantpaying.com
They want your bitcoin so bad it hurts. You won't get it back. 2/14/16

Popularinstantpaying.com
About as popular as a fart in an elevator. 2/14/16

Wakegold.com
Another hyip/scam 2/14/16

Threebitcoin.com
Three words "scam coin multiplier" 2/14/16

Worldeasycoin.com
More complex than the usual pickpockets, this site will offer you a career. Don't bite, it's just a fraud. 2/14/16

1bitcoin.win
Quite a surreal site, but just a doubler fraud. 2/14/16

Vaultprofits.net
Oh they'll free your finances alright, just not in the way you expect. 2/13/16

Allibio.com
When they scam on the pretence that they are somehow providing healthcare, it demonstrates how worthless these thieves really are. 2/13/16



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Rsvinvestments.com
Not much effort gone into this cheesier than usual hyip/scam. Hyip's are just anonymised thieves. 2/13/16

Coindouble.club
How many people will get scammed before they read this? 2/12/16

Opobit.com
Some days, it's just doubler scam thief, after doubler thief ad nausem. This is one of those days. 2/12/16

Cryptoinvestgroup.com
No it isn't, it's just a crypto thief. 2/12/16

Clubcashcow.com
Only one thing coming out of this cow, and that is the stinky stuff, bs. 2/12/16

Coinhack.net
Sending bitcoin to a ponzi called coinhack is an act of stupidity for which you have no excuses. 2/12/16

Nine9.ninja
This ponzi is destined for the same brick wall as all ponzi's. 2/11/16

Coins-bit.com
These hyips are desperate for your bitcoin. Don't be a fool and try to play these ponzi's, you all lose. Period. 2/11/16

Usd-cash.com
Yes, another hyip/scam 2/11/16

Large-earning.com
A typical hyip/scam 2/11/16

Spoondolies-tech.com
This is a fake of the Spondoolies site. Note the spelling, you may have to look twice. 2/11/16

B-t-c.in
All btc doublers and multipliers are scams. Faked logs, faked stats and lies. Why would anybody really double your money? 2/11/16

Btcyielder.com
A scam doesn't get any more basic than this doubler fraud. 2/11/16

8dailycoin.com
Another hyip/scam 2/10/16

Tripplers.net
You would have to be trippling to believe this hyip/scam 2/10/16

Maxgoldpro.com
Nothing 'pro' about losing bitcoin to thieves like these. 2/10/16

Iranian-carpets.ir
The flying models are particularly popular in ToonTown. 2/9/16

Bitcoinhourly.in
In to a scammers wallet, and it ain't coming back. 2/9/16

Mixyourbit.com
So many of these doubler scams. They are all lies and fraud. 2/9/16

Mltbtc.com
Another clone of the bitatt scam. 2/8/16

Bitminer.eu
The UK company reg is a red flag - not a white one. The usual convenience address, no real entity. 2/8/16

Yachtogage.com
The landing page should make you feel sick enough, but the theft of your bitcoin will make you sicker. 2/8/16

These are just the most recent badsites. Click below for these and more Cryptocurrency badsites
In alphabetical order.

The complete Badlist

We want Bitcoin & The Blockchain to be a successful evolution in the way we trade, bank and exchange contracts, and so we aren't going to let a load of scammers and cheap thieves endanger this movement. Bitcoin, simply put, is a store of value, however, the blockchain it is carried on changes everything.
Start learning about it safely.

The Badbitcoin project was launched in Feb 2014. "The Badbitcoin Team" is made up of volunteers worldwide, and we welcome new contributors and sponsors.

You may read negative comments about this project, but this is the scammers only route to fight back, and a great many of these scammers are the same people who are Senior, and Gold members of forums. Forums relating to bitcoin are the best source of conflicting information ever invented, which is why we keep it plain and simple, we tell you it's a badsite, and thats all you need to know.

It's really easy to misunderstand the bitcoin environment when it's all new to you, and it will take you some time to grasp some of the rules and concepts. This leaves you vulnerable to the swathes of scams and ponzis that try to lure you into their promises of easy money, and doubling or even 100 times multiplying your new 'Magic Internet Money'
It doesn't work like that. It isn't magic, it's just very efficient, very secure, and much sought after by thieves the world over.
If you have bitcoin, you need to learn to look after it, or these crooks will soon take it from you.

Don't make it easy for them. Contribute by reporting suspect sites when you find them, and we'll do the rest. You can also help by donating bitcoin or litecoin to the project, and If you run a website or blog, you could add a link to this project and help spread the message. We have banners and logos to suit.


Tip of the week - Cloudmining (in cloud cuckoo land)

Let's just say it like it is - THERE IS NO SUCH THING AS CLOUDMINING !!

Why do we say that when there are so many 'cloudmining sites' ?

There are a couple of ways to mine bitcoin. You can buy your own mining hardware, and run it from home or work, or you can 'host' that hardware with a provider, and pay them to keep it running. You would do this to take advantage of lower electricity costs in another country.
Alternatively, you can rent someone elses mining hardware in the form of a contract. Returns on that contract will diminish as the hardware ages and block rewards diminish, and in a short time it will become unprofitable.
Bitcoin cannot be mined on generic computers or servers any longer, nowadays it needs specialist chips, called ASIC's, and these are constantly developing, so you get more computing power for your power consumption, thereby making older equipment obsolete fairly quickly, so these claims of somehow mining bitcoin in 'the cloud' are just absurd.
Invariably, all these 'cloudmining' offers are just fakers and thieves. They can't show you the goods, because they don't exist.

To report Internet Fraud to IC3  - Click Here
To report Internet Fraud to the FBI anonymously -
Click Here
To report Internet Fraud to the UK Police -
Click Here



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Our funds are always low. Please donate any amount of Bitcoin or Lirecoin to help keep this project going. Every satoshi helps. Thanks.

You can help us to help others by making a donation to this project. However modest, it will help us to continue. We spend nearly all of the donations on advertising in the same space as the scamsites, so we can reach and warn the most users. We also use some expensive investigation tools, but we all give our time for free.

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What is a Ponzi or HYIP?

A Ponzi is any scheme which pays interest to "Investors" from Bitcoin coming in from new Investors. A HYIP (high yield investment program) is just a Ponzi. All Ponzi/Hyips will fail The later Investors will lose everything when the scheme folds and leaves with the Bitcoin. Most HYIPS just steal it immediately - Due diligence is your own responsibility.
There are plenty of good sites out there where your Bitcoin and your work are safe. You just need to do your homework, including checking here. If it isn't in our Badlist, email us, and we'll check it and get back to you.

Here’s the psychology behind the typical ponzi’s & HYIP's run by the “professional” scammers. They know most people will do this.

You deposit a small amount, you want to be cautious, you can’t quite figure out how they do this – but they double it (or pay promised interest) and pay you.
You think – Ah that’s great, so you either redeposit the entire amount, or just your profit. You get that back and think wow, it works, so you deposit a much larger amount and in the worst case, even get your friends involved in this wonderful money making scheme.

Then one day it doesn’t get returned – there is some issue with your account, or your withdrawal is stuck or something similar, so you keep emailing the site and gradually it dawns on you that you’ve been scammed.

Even if you just put your initial profit back in, the conman hasn’t lost anything – and the depositors who think they are ‘playing’ the ponzi do try that, and most of them don’t get it back either.

Some people empty their savings into these scams, and they are the ones the scammers are really after. Once they get that big depositor, they move on and create a new ponzi, just leaving the old one alive for a while to mop up any new ‘mugs’ Some even return after a 3 or 6 month absence to catch a fresh load of hits, they will never run out of victims. It’s what they do, and they are expert at it.


Declaration of Interests. We currently have personal and project investments in VIP and Mining shares at Miningsweden.se, and mining shares at Hashnest We would not invest in anything we considered to be a Ponzi or Scam. As a project, we are not directly funded by any organisation and depend on ad revenue, our own, and other donations, and our external investments. We also provide links including referral links to trusted 3rd party sites, not including advertisements beyond our control. Updated August 2015
PS - As a friendly tip, we probably aren't the people to generally ask about good bitcoin investments. We are pretty good at what we do, but so far, like yourselves no doubt, we aren't really that succesful when it comes to our own investments. Mintsy being our latest fail.


Irony disclaimer, and Caution

The high costs of running this site are helped by adverts. We also have to advertise in the same places as the scamsites. We have little control over the content, and consequently we do not directly endorse any advert. Some adverts will even appear in our Badlist. But at least the Bitcoin they spend on ads is coming back into the Bitcoin Industry.

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Footnote. The evolution of society beyond the demise of the failed capitalist neo-liberal experiment, first needs the evolution of it's means of trade and exchange. The current financial system, and system of fiat currency, is not fit for present or future purpose, and for all intents and purposes is already obsolete. Bitcoin is our first financial step towards a fairer, more benefecial society for all. Bitcoin is incorruptible, decentralised, concensus led, and above the influence of conventional politics and economics. A parallel currency with which you can begin to trade, and no middleman to take their slice or to gamble with your asset. When you deposit money to a Bank, it becomes the Banks property to do with what they choose, bitcoin is different, and you are your own Bank. It is up to you to take care of your bitcoin, and also to use it, not hoard it, and to be an important part of helping to build this fair and open global society. Bitcoin is worth what somebody is prepared to exchange it for, be that USD, Yuan, PC-hardware, Webhosting or anything that 'money' might buy. You can even get a bitcoin Debit Card. However, the bitcoin Blockchain, and it's potential is a much much bigger subject.