New Scam: Double Spending [ALWAYS WAIT FOR CONFIRMATIONS]

[Activate7]

Recently a lot of members are being scammed for double spending. The scam is super simple & easy to do so make sure to read this thread and avoid being scammed in the future.

When someone sends BTC to your wallet, you'll need to wait for confirmations. Double spending is when a wallet is sending money to another wallet, and then the other wallet is sending the unconfirmed money to a different wallet. (I think this is the easiest way to explain this )

 

Which means: EVERY TRANSACTION THAT DIDN'T REACH 1 CONFIRMATION CAN BE REVERSIBLE (LIKE A CHARGEBACK).

Conclusion: ALWAYS WAIT FOR AT LEAST 1 CONFIRMATION

Honestly, all of this happened just because @VenomSlave2 leaked the method.

[CRTV]

Yup, was reading about this earlier in scam reports section. Guess it's time to go back to waiting for 1 confirm. 
Shitty people ruin it for all... +1 for the psa

[NaziJewKiller]

fenks fella !

[Purged5dfqa4a]

Recently a lot of members are being scammed for double spending. The scam is super simple & easy to do so make sure to read this thread and avoid being scammed in the future.

When someone sends BTC to your wallet, you'll need to wait for confirmations. Double spending is when a wallet is sending money to another wallet, and then the other wallet is sending the unconfirmed money to a different wallet. (I think this is the easiest way to explain this )

 

Which means: EVERY TRANSACTION THAT DIDN'T REACH 1 CONFIRMATION CAN BE REVERSIBLE (LIKE A CHARGEBACK).

Conclusion: ALWAYS WAIT FOR AT LEAST 1 CONFIRMATION

Honestly, all of this happened just because @VenomSlave2 leaked the method.

Don't blame this guy, learning how to do double spending take just 1 minute of google browsing lol

[Activate7]

Don't blame this guy, learning how to do double spending take just 1 minute of google browsing lol

He’s the one who made it popular tho.

[Purged5dfqa4a]

He’s the one who made it popular tho.

better so people will care more about it

[belovedad]

Honestly, it's not new and it's something that is known and should be known about if you deal with BTC. Surprised so many people didn't know this but in the earlier days it was always recommended to wait for at least 1 confirmation. Either way, good going.

[DeliPeqir]

me and my friend scammed with this method lol

[Monsoon]

me and my friend scammed with this method lol

okay buddy

[Activate7]

better so people will care more about it

No one did it in the first place, he’s the one who made it popular.