the cycle continues yet they do still exist as of today.
Giving out 2x with your capital without any basis on where they do get those funds? With that alone reason you can really think of that this is a total crap way of scamming people.
And it looks like it's going to take sometime before we see the last of these doublers, doubler has been in existence even without the existence of Bitcoin, there are so many of these in the past and they are using a payment processor called Liberty reserves where you ask for a chargeback, and since Bitcoin has no chargeback they are very active.