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Bitcoin Multiply Times represents an ICO.   They raise money required for their operations in the investors.   In return, the investors are entitled to some amount of gains in the near future.   We assessed FCA and FTC to find out, if this firm is regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

Moreover, this firm also Won't discuss any license details on their website.   They're operating in the shadows intentionally. The only contact information that they feature is an email address.

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scratch themselves a profit each time a transaction occurs.

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This narration will be absolutely ridiculous for all those of you, who know how cryptocurrencies work.   They're trying to manipulate the newbie investors into thinking that, they know what they're talking about.

Unfortunately, many individuals made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain since they say, even if it had been accurate, then why can they tell it to the public instead of making money for themselves

Earning profits without getting exposed to danger is impossible.   However, the only thing that you can do is to diversify them that you have greater probability of success.

They offer 4 types of investment plans.   Gains of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but it does not means these kind of profits are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough information to follow their traffic sources. For more details about this website, visit Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This company operates in this type of unethical way That They're almost unidentifiable.   Moreover, considering the potential risks and the apparent fake return claims, we strongly urge everyone to steer clear of them.

This platform showcase few testimonials.   All of the comments are extremely flattering.   The alleged early users speak about, how this software helped them earn a lot of money.

However, do not get carried away by these fake comments from bogus consumer profiles.   In the event, if you were wondering that there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They read this might process a few refunds every once in a while, but it will ultimately end in a horrible way.   Whenever an opportunity too good to be true arises, do not make any decision, whatever the kind of convincing narration these fraudsters come up with. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network offering double or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these individuals are really smart at luring innocent users and ultimately scamming them.For instance, have a look at this site that I found on shadowy net.

There is no way these guys are generating that amount of Bitcoins from nowhere.You may inquire, how can you be sure that those are just scams Because, the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is validated by at least two nodes and then coded into block-chains.

So how can anyone mine unknown BitcoinsThat is why any site which claims to find some defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll only do that quietly. They can just take their one coin and multiply it till they attain the 21 million Bitcoin limitation determined by its check my reference founder.

Every transaction made will be confirmed by some nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain consistently wins.Transaction proofs to entice more investorsThey may have made some genuine transactions to entice additional investors.

If possible ask your friend to get out of it, before he loses everything. One day there and next day gone. This stands for both the fraudulent website and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be followed for example money. Before doing any investment, do the following checks consistently: Assess their credentials.

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They may be fooled by the initial high returns.Especially be careful of specifications that need you to introduce new members into this scheme.Also See: Hacking Bitcoins The way its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.