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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 checked FCA and FTC to find out, if that company is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

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

This stage says that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scrape themselves a profit every time a transaction occurs.

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

Unfortunately, many people made the mistake of trusting them and dropped their funds.   There isnt any flaws in the blockchain since they say, even though it was accurate, then why would they tell it to the public instead of making money for themselves

Earning gains without getting exposed to danger is hopeless.   However, the only thing you can do is to diversify them so 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 gets the maximum amount of volatility, but that does not means these kind of profits are achievable.

The registrant contact details are untraceable.   Though, this site has been around for more than a year, there isnt enough data to trace their traffic sources. For more details relating to this site, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in such a shady way that they are almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return claims, we strongly urge everyone to stay away from them.

This stage showcase couple testimonials.   All the comments are extremely flattering.   The alleged early users speak about, the way this program helped them earn a lot of money.

However, do not get carried off by these fake comments from bogus user profiles.   In case, if you're wondering there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure a few refunds every once in a while, but it will ultimately end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not make any decision, regardless of the kind of convincing narration these fraudsters produce. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network offering dual or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these people are very smart at luring innocent customers and ultimately scamming them.For example, take a look at this website that I found on shadowy web.

There's no way these men are generating that amount of Bitcoins from nowhere.You may inquire, how can you be so sure that those are just scams Since, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, each transaction made is supported by at least 2 nodes and then merged redirected here into block-chains.

Just how can anyone mine unknown BitcoinsThat is the reason any site that claims to find some defect in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 100x, they will just do that quietly. They can simply take their one coin and multiply it until they reach the 21 million Bitcoin limitation set by its 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 always wins.Transaction evidence to entice more investorsThey might have made some genuine transactions to entice more 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 site and the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be followed for example cash. Before doing any investment, do the following checks always: Check their credentials.

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