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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 profits in the near future.   We checked FCA and FTC to find out, if that company is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

Furthermore, This firm also refuses to share any license particulars on their website.   They are operating from the shadows intentionally. The only contact details that they feature is an email address.

This platform States that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scrape 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 are talking about.

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

Earning gains without getting exposed to risk is impossible.   However, the only thing that you can do is to diversify them so that you have greater likelihood of success.

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

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough data to follow their traffic resources. For additional information relating to this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in this type of unethical way that they are almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return claims, we strongly urge everyone to steer clear of them.

This stage showcase few testimonials.   All of the comments are extremely flattering.   The alleged ancient users talk about, how this program helped them earn a good deal of money.

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

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

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

There's no way these guys are generating this amount of Bitcoins from nowhere.You can ask me, how can you be so sure that those are scams Because, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is validated by at least two nodes and then merged 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 get redirected here scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or even 100x, they'll just do this quietly. They can simply take their one coin and multiply it till they attain the 21 million Bitcoin limit determined by its founder.

Each transaction made will be validated by some 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 consistently wins.Transaction proofs to entice more investorsThey may 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 website and the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be traced like money. So before doing any investment, do the following checks consistently: Check their credentials.

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They may be tricked by the initial high returns.Especially be careful of specifications that require you to introduce new members into this scheme.Also Watch: 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.