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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 gains in the near future.   We assessed FCA and FTC to find out, if that company is controlled. Unfortunately, we did not find any information about them, which is a massive concern. .

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

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scratch 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 they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they state, even if 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 that you can do is to diversify them so that you have better probability of success.

They offer 4 types of investment plans.   Gains of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has 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 information to follow their traffic sources. For additional information relating to this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in such a shady way that they are almost unidentifiable.   Moreover, considering the potential dangers and the obvious fake return claims, we strongly urge everyone to stay away from them.

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

However, do not get carried away by those fake comments from bogus user profiles.   In case, if you were wondering there isnt any way to track down those consumers.

Bitcoin Multiply Times is most probably a ponzi scheme.   They might 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 make any decision, regardless of the kind of convincing narration these fraudsters come up with. .

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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 many bad attempts, I learnt that these people are very smart at luring innocent users and finally scamming them.For example, take a look at this website that I found on shadowy web.

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

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So how can anyone mine unknown BitcoinsThat is 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 100x, they'll only do this quietly. They can simply take their one coin and multiply it till 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 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 and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced for example money. Before doing any investment, do the following checks consistently: Check their credentials.

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They may 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 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.

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