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Bitcoin Multiply Times represents an ICO.   They raise money required for their operations in the investors.   In return, the investors are entitled to a amount of profits in the near future.   We assessed FCA and FTC to find out, if this company is regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

Furthermore, This firm also refuses to discuss any license details on their website.   They're operating in 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 defect has enabled these men to scratch themselves a profit each 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 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 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 profits without getting exposed to danger is hopeless.   On the other hand, the only thing you can do is to diversify them so that you have better likelihood of success.

They offer 4 types of investment plans.   Gains of 1000% every day 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 website has been around for more than a year, there isnt enough information to follow their traffic sources. For additional information about this site, 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're 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 couple testimonials.   All the comments are extremely flattering.   The alleged early users talk about, how this software helped them earn a lot of money.

But Do not get carried away by those bogus 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 probably a ponzi scheme.   They might process a few refunds every once in a while, but It Is Going to 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 produce. .

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Recently, I have been closely watching the bitcoin scam sites on TOR network that offer 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 example, take a look at this website that I found on dark web.

There is no way these guys are generating this amount of Bitcoins Cloud Mining List from nowhere.You may ask me, how can you be so sure that those are just scams Because, the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, every transaction visit this site made is supported by at least 2 nodes and then coded into block-chains.

So how can anyone mine unknown BitcoinsThat is why any website 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 even 100x, they will only do this quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limit set by its founder.

Every 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 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 site and the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be followed 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 careful of specifications that need you to introduce new members into the scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.