Hi guys,

Im quite new to this crypto-world and have been watching bitcoin and alt-coins for sometime now. I have come across quite a few faucets which were good. Recently i came across www.clever-bitcoin.com. My doubt is whether this is a scam or does it really have a flaw as they say? Its looking too good to be true. Tried tweeting out the same, but noone seems to have noticed this website.

From their website:
 
"No matter how secure and innovative would be Bitcoins, they are just some bytes on a digital storage medium and they can be copied as well as any digital information. We've thoroughly studied the Bitcoin client from within and have found an almost imperceptible but very significant flaw (associated with the commission), using it we have committed a Bitcoin transaction in which the recipient has received more Bitcoins than the sender has sent. Unfortunately, the difference is not so great (about 1%) and if you make only one transaction by a small amount your capital will not increase much, but if you make transactions permanently and by a large amount, you can get rich very quickly."

It goes on to say:

"We've discovered this flaw recently and have not yet managed to win a lot, but every day we multiply our money hundredfold times and want to do it more. We all understand that such a freebie can not continue for a lot of time and this flaw will be found and corrected in the near future, but until that happens, we want to win as much as possible. That is why we have launched this website, where you can make an investment and we will multiply it twenty times. Half of this money we will give to you, it means that your investment will be returned to you hunderfold in the next 24 hours. All you have to do is to transfer some Bitcoins to address listed below (we do not accept investments below 0.04 Bitcoins) and your investment will be multiplied hundredfold and will be transferred to your wallet within 24 hours."

URL: http://clever-bitcoin.com

Transactions which are listed there are actually verified in blockchain.info which seems even strange.

Further check into the website domain registration and found that it belongs to "Henk Zegwaard", but cannot find that name anywhere.

Whois: http://whois.chromefans.org/clever-bitcoin.com

Another interesting thing found from the website:

We share our secret method of generating x100, we can help you setup the complete system, just deposit at least 2 BTC and you will receive instantly an email to get you started !!

Important: In order for our site was not closed and we were able to make a profit, without attracting attention, you are limited to one deposit in 60 days. (1 IP, 1 computer, 1 wallet)



Thoughts guys?