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Bitcoin Multiply Times represents an ICO.   They raise money demanded 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 that firm is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

Furthermore, This firm also Won't share any license details on their website.   They're operating in the shadows intentionally. The only contact information they comprise is an email address.

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scratch 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're talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they say, even if it was true, 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 you can do is to diversify them that you have greater likelihood of success.

They offer 4 Kinds of investment plans.   Gains of 1000% every day is certainly every investors fantasy, 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 site has been around for more than a year, there isnt enough data to trace their traffic resources. For additional information about this website, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in this type of unethical way that they are almost unidentifiable.   Moreover, considering the potential dangers and the obvious fake return asserts, we strongly urge everyone to stay away from them.

This platform showcase few testimonials.   All the comments are extremely great site flattering.   The alleged early users speak about, how this program helped them earn a good deal of money.

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They May process some withdrawals every once in a while, but It Is Going to ultimately end in a dreadful way.   Whenever an opportunity too good to be true arises, do not make any decision, whatever the kind of convincing narration that these fraudsters produce. .

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

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

Just how can anyone mine unknown BitcoinsThat is the reason any website which claims to find some defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will just do that quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limit set by its founder.

Each transaction made will be confirmed by a few nodes and only the legitimate ones can enter into a block-chain. So fraudulent transactions can be readily identified by checking the different block-chains. The longest block-chain always wins.Transaction proofs to entice additional investorsThey might 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 site and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be followed like money. Before doing any investment, do the following checks always: Assess their credentials.

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