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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 this firm is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

Furthermore, This firm also refuses to discuss any license particulars on their website.   They're operating in the shadows intentionally. The only contact information that they comprise 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 scrape 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 are talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain since they state, 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 risk is hopeless.   However, the only thing you can do is to diversify them so that you have greater likelihood of success.

They offer 4 Kinds of investment plans.   Gains of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum 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 additional information relating to this site, see Scamadviser.com.

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

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

But Do not get carried off by these bogus comments from bogus consumer profiles.   In case, if you were wondering 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 will ultimately end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not make any decision, regardless of the kind of convincing narration these fraudsters come up with. .

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

There is no way these men are generating that amount of Bitcoins from nowhere.You can inquire, how can you be so sure that those are scams Since, the answer can be found in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is validated by at least two nodes and then merged into block-chains.

Just how can anyone mine unknown BitcoinsThat is why any site which 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 even 100x, they'll just do that quietly. They can simply take their one coin and multiply it till they attain the 21 million Bitcoin limit determined by its founder.

Each transaction made will be validated by some nodes Check This Out and only the valid ones can enter into a block-chain. So fraudulent transactions can be readily identified by checking the different block-chains. The longest block-chain always wins.Transaction evidence 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 dropped to all those frauds are lost forever and cannot be traced for example money. Before doing any investment, do the following checks consistently: Check their credentials.

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They may be fooled by the initial high returns.Especially be cautious of specifications that require you to introduce new members to the scheme.Also See: Hacking Bitcoins The way its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.