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

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

This platform States that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men 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 are trying to manipulate the newbie investors into thinking that, they know what they're talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain as they state, even if it had been accurate, then why can 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 that you can do is to diversify them so that you have better likelihood of success.

They offer 4 Kinds of investment plans.   Gains of 1000% every day 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 information to follow their traffic resources. 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 are almost unidentifiable.   Also, considering the potential dangers and the apparent fake return asserts, we strongly advise everyone to steer clear of them.

This stage showcase couple testimonials.   All the comments are extremely flattering.   The alleged early users speak about, how this software 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 that there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure some withdrawals every once in a while, but it will finally end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not impulsively 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 offering dual or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these people are really smart at luring innocent users and finally scamming them.For instance, have a look at this site that I found on dark net.

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

So 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 merely logic.If anyone can multiply their single Bitcoin 2x or even 100x, they'll only do this quietly. They can simply take their one coin and multiply it until 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 additional 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 lost to those frauds are lost forever and cannot be traced like cash. So before doing any investment, do the following checks always: Check their credentials.

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They might be tricked by the initial high returns.Especially be cautious of specifications that need you to introduce new members to this scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends borders and traditional valuing of currency.