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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 gains 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 massive concern. .

Furthermore, This firm also Won't share any license particulars on their website.   They are operating in the shadows intentionally. The only contact details that they comprise is an email address.

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these guys 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 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 lost their funds.   There isnt any defects in the blockchain since they say, even though it was true, then why can they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is hopeless.   However, the only thing that you can do is to diversify them that you have better probability of success.

They offer 4 Kinds 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 maximum 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 sources. For more details relating to this site, visit 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.   Moreover, considering the potential dangers and the obvious fake return asserts, we strongly advise everyone to steer clear of them.

This platform showcase couple testimonials.   All the comments are extremely flattering.   The alleged early users speak about, the way this program helped them earn a good deal of money.

However, do not get carried away by those fake comments from bogus consumer profiles.   In the event, if you were wondering that there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They might procedure 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 true arises, do not make any decision, regardless of the kind of convincing narration that these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these people are very smart at try this luring innocent customers and ultimately scamming them.For example, have a look at this website that I found on shadowy web.

There's no way these guys are generating this amount of Bitcoins from nowhere.You can inquire, how can you be so sure that those are scams Because, 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 coded into block-chains.

Just how can anyone mine unknown BitcoinsThat is the reason any website 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 100x, they'll only do that quietly. They can just take their one coin and multiply it till they reach the 21 million Bitcoin limitation determined 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 easily identified by checking the different block-chains. The longest block-chain always wins.Transaction evidence to entice more 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 for example cash. Before doing any investment, do the following checks always: Check their credentials.

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They might be fooled by the initial high returns.Especially be cautious of specifications that need you to introduce new members to the 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.