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

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

This platform says that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scrape themselves a profit every time a transaction occurs.

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

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain since they state, even if it had been accurate, then why can they let it to the public instead of making money for themselves

Earning gains without getting exposed to risk is hopeless.   On the other hand, the only thing you can do is to diversify them so that you have better probability 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 gets the most amount of volatility, but that 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 data to trace their traffic sources. For more details about this site, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way that they are almost unidentifiable.   Also, considering the potential dangers and the apparent fake return claims, we strongly advise everyone to steer clear of them.

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

But Do not get carried off by those bogus comments from bogus user profiles.   In the event, 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 some withdrawals every once in a while, but It Is Going to click finally end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not make visit any decision, whatever 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 that offer double or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these people are very smart at luring innocent users and ultimately scamming them.For example, have a look at this site that I found on shadowy web.

There's no way these men are generating this amount of Bitcoins from nowhere.You can ask me, how can you be so sure that those are just scams Because, the answer can be found in the open-source Bitcoin code!According to the Bitcoin code, every transaction made is supported by at least 2 nodes and then merged into block-chains.

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

Every transaction made will be validated by some nodes and only the valid 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 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 the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced like money. So 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 cautious of specifications that require you to introduce new members into the scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.