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

Moreover, this firm also Won't share any license particulars on their website.   They're operating in the shadows intentionally. The only contact details that they feature is an email address.

This stage States that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scratch themselves a profit every 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'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 state, even though it had been true, then why would they let it to the public instead of making money for themselves

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

They offer 4 types 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 site has been around for more than a year, there isnt enough information to follow their traffic resources. For additional information about this website, 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're almost unidentifiable.   Also, considering the potential risks and the apparent fake return asserts, we strongly advise everyone to stay away from them.

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

However, do not get carried off by those fake comments from bogus user 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 May process a few refunds every once in a while, but it will finally end in a dreadful way.   Whenever an opportunity too good to be true arises, do not impulsively make any decision, whatever the kind of convincing narration that these fraudsters produce. .

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

There's no way these guys are generating that amount of Bitcoins from nowhere.You may inquire, how can you be sure that those are just scams Since, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is validated by at least two nodes and then coded into block-chains.

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So how can anyone mine unknown BitcoinsThat is the reason any website which claims to find some defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or even 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.

Every 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 evidence to entice additional 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 website and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced like money. 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 you could check here careful of specifications that need you to introduce new members into the scheme.Also See: Hacking Bitcoins How its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.

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