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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 some amount of gains in the near future.   We checked FCA and FTC to find out, if this firm is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

Moreover, this firm also refuses to share any license particulars on their website.   They are operating in the shadows intentionally. The only contact information they feature is an email address.

This platform States that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these guys to scratch themselves a profit each 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 that, they know what they're talking about.

Unfortunately, many individuals made the mistake of trusting them and dropped their funds.   There isnt any flaws in the blockchain since they state, even though it had been accurate, then why would they tell it to the public instead of making money for themselves

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

They offer 4 types of investment plans.   Gains of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but it 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 data to trace their traffic resources. For additional information about this website, see Scamadviser.com.

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

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

However, do not get carried away by those fake comments from bogus user profiles.   In case, if you're wondering that there isnt any way to track down those consumers.

Bitcoin Multiply Times is 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 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 offering double or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these individuals are very smart at luring innocent users and ultimately scamming them.For example, take a look at this website that I found on dark net.

There's no way these guys are generating this amount of Bitcoins from nowhere.You can 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, every transaction made is validated by at least two nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is why 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 will just do this quietly. They can simply take their one coin and multiply it till they attain the 21 million Bitcoin limit set by its founder.

Each transaction made will be confirmed by a few nodes and only the valid 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 evidence to entice more investorsThey might have made some genuine transactions to entice a fantastic read 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 website and the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be traced for example cash. So 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 cautious of specifications that need you to introduce new members to the scheme.Also See: 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 borders and traditional valuing of currency.