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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 profits in the near future.   We assessed FCA and FTC to find out, if that company is controlled. Unfortunately, we did not find any information about them, which is a huge concern. .

Moreover, this firm also Won't discuss any license details on their website.   They are operating from the shadows intentionally. The only contact details they comprise is an email address.

This stage says that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these guys to scrape 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 they know what they're talking about.

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain since they state, even though it was true, then why would they let it to the public instead of making money for themselves

Earning gains without getting exposed to risk is impossible.   On the other hand, the only thing that you can do is to diversify them that you have greater likelihood of success.

They offer 4 Kinds of investment plans.   Gains of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the most 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 data to follow their traffic resources. For more details relating to this site, visit Scamadviser.com.

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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 urge everyone to stay away from them.

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

But Do not get carried away by these bogus comments from bogus consumer profiles.   In the event, if you're resource wondering there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They might process some withdrawals every once in a while, but it will finally end in a horrible way.   Whenever an opportunity too good to be true 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 several bad efforts, I learnt that these people are really smart at luring innocent customers and finally scamming them.For example, take a look at this site that I found on shadowy net.

There is no way these guys are generating that amount of Bitcoins from nowhere.You may inquire, 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 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 that 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 that 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 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 always wins.Transaction evidence to entice additional investorsThey may 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 all 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 consistently: Check their credentials.

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They might be fooled by the initial high returns.Especially be careful of specifications that need you to introduce new members to this 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 boundaries and traditional valuing of currency.