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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 checked 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. .

Moreover, this firm also Won't discuss 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 have 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 absurd 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 people made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain as they say, even if it was accurate, then why can they let it to the public instead of making money for themselves

Earning profits without getting exposed to danger is impossible.   On the other hand, the only thing you can do is to diversify them 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 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 site has been around for more than a year, there isnt enough information to follow their traffic resources. For additional information about this website, visit Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This company operates in this type of unethical way that they are almost unidentifiable.   Also, considering the potential risks and the apparent fake return claims, we strongly advise everyone to steer clear of them.

This stage showcase few testimonials.   All the comments are extremely flattering.   The alleged ancient users talk about, the way this software helped them earn a good deal of money.

But Do not get carried away by these fake comments from bogus user profiles.   In the event, if you were 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 Is Going to ultimately end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not make any decision, regardless of the kind of convincing narration these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam sites on TOR network offering dual or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these people are really smart at luring innocent customers and finally scamming them.For instance, have a look at this website that I found on shadowy net.

There's no way these men are generating this amount of Bitcoins from nowhere.You may ask me, how can you be sure that those are scams Since, 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 merged into block-chains.

So how can anyone mine unknown BitcoinsThat is why any site that claims to find some flaw 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 pop over here this quietly. They can simply take their one coin and multiply it till they attain the 21 million Bitcoin limitation set by its founder.

Each transaction made will be confirmed by a few 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 always wins.Transaction evidence to entice additional investorsThey might 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 site and the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be traced like cash. Before doing any investment, do the following checks consistently: Assess 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 into the scheme.Also See: Hacking Bitcoins How its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.