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Bitcoin Multiply Times represents an ICO.   They raise money required for their operations from the investors.   In return, the investors are entitled to a amount of gains in the near future.   We assessed FCA and FTC to find out, if that firm 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 from the shadows intentionally. The only contact details that they feature is an email address.

This platform States that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scrape themselves a profit every time a transaction occurs.

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This narration will be absolutely absurd for those of you, who know how cryptocurrencies work.   They are trying to manipulate the newbie investors into thinking they know what they are talking about.

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

Earning profits without getting exposed to danger is hopeless.   On the other hand, the only thing you can do is to diversify them that you have greater likelihood 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 gets the most amount of volatility, but that 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 about this website, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady 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 talk about, how this program helped them earn a good deal of money.

However, do not get carried off by these bogus comments from bogus consumer profiles.   In case, if you're wondering there isnt any way to track down those consumers.

Bitcoin Multiply Times is probably a ponzi scheme.   They might process some withdrawals 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 make any decision, whatever the kind of convincing narration that these fraudsters come up with. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network offering dual or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are really smart at luring innocent users and finally scamming them.For instance, take a look at this site that I found on shadowy web.

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 Since, the answer lies in the open-source Bitcoin code!According into 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 why any website which claims to find some defect in the Bitcoin code is just site another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will only do that quietly. They can just take their one coin and multiply it till they attain the 21 million Bitcoin limit set by its founder.

Every transaction made will be confirmed by some nodes and only the legitimate ones can enter into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain consistently wins.Transaction proofs to entice additional 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 website and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be followed for example money. So before doing any investment, do the following checks consistently: Assess their credentials.

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They might be tricked by the initial high returns.Especially be careful of specifications that need you to introduce new members into this scheme.Also See: Hacking Bitcoins The way its done1. Exchanging your regional 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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