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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 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 Won't discuss any license details on their website.   They are operating from the shadows intentionally. The only contact details they feature is an email address.

This platform says 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 ridiculous 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 are talking about.

Unfortunately, many people made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain as they state, even if it was accurate, then why would they let it to the public instead of making money for themselves

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

They offer 4 types of investment plans.   Profits of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the maximum 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 trace their traffic sources. For additional information relating to this site, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This company operates in such a shady way That They're almost unidentifiable.   Also, considering the potential dangers and the apparent fake return asserts, we strongly urge everyone to steer clear of them.

This stage showcase couple testimonials.   All of the comments are extremely flattering.   go to the website The alleged ancient users speak about, the way this software helped them earn a good deal of money.

But Do not get carried off by these bogus comments from bogus consumer 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 might process a few refunds every once in a while, but It Is Going to finally end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not impulsively 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 sites on TOR network offering dual or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are very smart at luring innocent users and finally scamming them.For example, have a look at this site that I found on shadowy web.

There is no way these guys are generating this 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 to the Bitcoin code, each 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 site that claims to find some flaw in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will just do this quietly. They can simply take their one coin and multiply it until they reach the 21 million Bitcoin limit determined by its founder.

Each transaction made will be confirmed by some nodes and only the legitimate ones can enter see this here into a block-chain. So fraudulent transactions can be readily identified by checking the different block-chains. The longest block-chain consistently wins.Transaction evidence to entice additional 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 moved here and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced like cash. Before doing any investment, do the following checks consistently: 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 to the scheme.Also See: Hacking Bitcoins How 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.