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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 a 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 details about them, which is a huge concern. .

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

This platform says that, they have found some kind of bug in the blockchain.   Apparently, that defect 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 since they say, even if it had been accurate, then why can 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 you can do is to diversify them so that you have better probability of success.

They offer 4 types of investment plans.   Profits of 1000% daily 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 gains are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough information to trace their traffic resources. For more details about this site, visit 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.   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 the comments are extremely flattering.   The alleged early users speak about, the way this software helped them earn a good deal of money.

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

Bitcoin Multiply Times is probably a ponzi scheme.   They May 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 true arises, do not make any decision, whatever the kind of convincing narration my latest blog post that these fraudsters produce. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network offering dual 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 finally scamming them.For example, have a look at this site that I found on dark web.

There's no way these guys are generating that 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 coded into block-chains.

So how can anyone mine unknown BitcoinsThat is why any site 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 100x, they will just do that quietly. They can simply take their one coin and multiply it till they reach the 21 million Bitcoin limitation determined by its founder.

Each transaction Read Full Report made will be validated by some nodes and only the legitimate ones can enter into a block-chain. So fraudulent transactions can be readily 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 site and the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced for example money. Before doing any investment, do the following checks consistently: Assess their credentials.

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