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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 some amount of gains in the near future.   We checked FCA and FTC to find out, if this company is controlled. 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're operating from the shadows intentionally. The only contact information that they feature is an email address.

This platform States that, They've 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 absurd for all those of you, who know how cryptocurrencies work.   They're trying to manipulate the newbie investors into thinking that, they know what they're talking about.

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

Earning profits without getting exposed to risk is impossible.   On the other hand, 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% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but that does not means these kind of profits are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough data to trace their traffic resources. For more details about this website, visit 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're almost unidentifiable.   Moreover, considering the potential risks and the obvious fake return asserts, we strongly urge everyone to stay away from them.

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

But Do not get carried away by those fake comments from bogus consumer profiles.   In the event, if you're 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 make any decision, whatever the kind of convincing narration that these fraudsters come up with. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network offering dual or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these individuals are really smart at luring innocent customers and ultimately scamming them.For instance, take a look at this site that I found on shadowy web.

There's 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 Since, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is supported by at least two nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is the reason any site 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 only do that quietly. They can just 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 some 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 proofs to entice additional 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 website 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 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 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 borders and traditional valuing of currency.