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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 profits in the near future.   We assessed 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. .

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

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

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This narration will be absolutely absurd for all 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 as they say, even if it was true, then why would they tell it to the public instead of making money for themselves

Earning profits without getting exposed to risk is impossible.   On the other hand, 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 gets the maximum amount of volatility, but that does not means these kind of gains 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 additional information relating to this site, 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're almost unidentifiable.   Moreover, considering the potential risks and the apparent fake return asserts, we strongly advise everyone to stay away from them.

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

However, do not get carried off by these bogus comments from bogus user profiles.   In the event, 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 procedure some withdrawals every once in a while, but It Is Going to finally end in a horrible way.   Whenever an opportunity too good to be true arises, do not impulsively 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 websites on TOR network that offer double or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these individuals are very smart at luring innocent users and finally scamming them.For instance, take a look at this website that I found on shadowy web.

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

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Just how can anyone mine unknown BitcoinsThat is look these up the reason any website that 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'll only do this quietly. They can simply take their one coin and multiply it until they attain the 21 million Bitcoin limitation determined by its founder.

Each transaction made will be confirmed 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 always wins.Transaction proofs 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 website and all the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be followed for example money. So before doing any investment, do the following checks always: Assess their credentials.

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

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