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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 some 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 information about them, which is a huge concern. .

Moreover, 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 stage States that, They've found some kind of bug in the blockchain.   Apparently, that flaw 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're trying to manipulate the newbie investors into thinking they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and dropped their funds.   There isnt any flaws in the blockchain as they say, even though it was true, then why would they tell it to the public instead of making money for themselves

Earning gains without getting exposed to danger is hopeless.   However, the only thing you can do is to diversify them that you have better likelihood of success.

They offer 4 Kinds of investment plans.   Gains of 1000% daily 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 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 follow their traffic sources. For more details about this site, visit 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 platform showcase couple testimonials.   All of the comments are extremely flattering.   The alleged early users speak about, how this software 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 why not look here wondering 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 will ultimately end in a horrible way.   Whenever an opportunity too good to be true arises, do not impulsively make 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 many bad efforts, 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 dark net.

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

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So how can anyone mine unknown BitcoinsThat is why any site which claims to find some flaw in the Bitcoin code is look at this site merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 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 set by its founder.

Each transaction made will be confirmed by some nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain always wins.Transaction evidence to entice additional investorsThey might have made some genuine transactions to entice more investors.

If possible ask your friend to escape 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 dropped to 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 might be fooled by the initial high returns.Especially be careful of specifications that require you to introduce new members to the scheme.Also See: Hacking Bitcoins How its done1. Exchanging the regional 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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