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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 this firm is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

Moreover, this firm also refuses to discuss any license particulars on their website.   They're operating from the shadows intentionally. The only contact details they feature is an email address.

This platform says that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scratch 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're talking about.

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

Earning gains without getting exposed to danger is impossible.   On the other hand, the only thing you can do is to diversify them so that you have better probability of success.

They offer 4 types of investment plans.   Profits 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 profits are achievable.

The registrant contact details are untraceable.   Though, this site has been around for more than a year, there isnt enough information to trace their traffic resources. For more details 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 obvious fake return claims, we strongly advise everyone to stay away from them.

This stage showcase couple testimonials.   All of the comments are extremely my company flattering.   The alleged ancient users speak about, the way this program helped them earn a lot of money.

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They May process a few refunds every once in a while, but It Is Going to 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 come up with. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having many 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 net.

There's no way these try this site men are generating that amount of Bitcoins from nowhere.You may ask me, how can you be sure that those are scams Since, the answer can be found 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.

Just how can anyone mine unknown BitcoinsThat is the reason any site which claims to find some defect in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll just do that quietly. They can just take their one coin and multiply it till they reach the 21 million Bitcoin limitation determined by its founder.

Every 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 proofs to entice more investorsThey might have made some genuine transactions to entice additional 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 site and the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be followed for example cash. 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 to the scheme.Also See: Hacking Bitcoins The way 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.