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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 a amount of profits 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 huge concern. .

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

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scrape themselves a profit each time a transaction occurs.

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This narration will be absolutely ridiculous for 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 lost their funds.   There isnt any defects in the blockchain since they say, even if it was true, then why can they tell it to the public instead of making money for themselves

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

They offer 4 Kinds of investment plans.   Profits of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general has the most 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 trace their traffic sources. For more details about this site, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in such a shady way that they are almost unidentifiable.   Also, considering the potential risks and the apparent fake return asserts, we strongly advise everyone to steer clear of them.

This platform showcase few testimonials.   All the comments are extremely flattering.   The alleged early users speak about, the way this software helped them earn a lot of money.

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

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Recently, I have been carefully watching the bitcoin scam sites on TOR network that offer double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are very smart at luring innocent customers and finally scamming them.For example, take a look at this website that I found on dark net.

There is no way these men are generating that amount of Bitcoins from nowhere.You may ask me, how can you be so sure that those are scams Since, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is supported by at least 2 nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is the reason any website that claims to find some flaw in the Bitcoin code is just 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 just take their one coin and multiply it until they reach the 21 million Bitcoin limitation set by its founder.

Each transaction made will be validated by a few 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 more investorsThey might 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 site and the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be traced for example money. 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 cautious of specifications that need you to introduce new members to this scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries over here and traditional valuing of currency.