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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 assessed FCA and FTC to find out, if that company is regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

Furthermore, This firm also refuses to discuss 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 flaw has enabled these guys to scratch themselves a profit every 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 they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they say, even if it was accurate, then why would they let it to the public instead of making money for themselves

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

They offer 4 Kinds of investment plans.   Profits of 1000% daily is certainly every investors fantasy, 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 website has been around for more than a year, there isnt enough information to follow 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 firm operates in such a shady way that they are almost unidentifiable.   Also, considering the potential risks and the apparent fake return claims, we strongly advise everyone to stay away from them.

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

However, do not get carried away by these bogus comments from bogus consumer profiles.   In case, 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 process 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 accurate arises, do not impulsively make any decision, whatever the kind of convincing narration these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network that offer double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these individuals are really smart at luring innocent customers and ultimately scamming them.For example, have a look at this site that I found on shadowy 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 scams Because, the answer can be found 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.

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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 merely another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or even 100x, they'll only do this quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limit determined by its founder.

Each transaction made will be confirmed by some nodes and only the valid ones can enter see this website into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain always wins.Transaction proofs to entice additional investorsThey may 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 all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced for example money. Before doing any investment, do the following checks always: Assess their credentials.

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They might be tricked by the initial high returns.Especially be cautious of specifications that require you to introduce new members to the scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction official site since online money that transcends borders and traditional valuing of currency.

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