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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 a amount of gains in the near future.   We checked FCA and FTC to find out, if that firm is controlled. Unfortunately, we did not find any information about them, which is a huge concern. .

Furthermore, This firm also Won't share any license particulars on their website.   They're operating from the shadows intentionally. The only contact details they comprise is an email address.

This stage States that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men 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 are 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 defects in the blockchain as they say, even though it was true, then why would they tell it to the public instead of making money for themselves

Earning profits without getting exposed to danger is impossible.   However, 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.   Gains of 1000% every day 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 site has been around for more than a year, there isnt enough information to trace their traffic sources. For additional information about this website, 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're almost unidentifiable.   Also, considering the potential dangers and the obvious fake return claims, we strongly urge everyone to stay away from them.

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

However, do not get carried off by these fake comments from bogus user 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 some withdrawals every once in a while, but It Is Going to finally end in a dreadful way.   Whenever an opportunity too good to be true arises, do not impulsively make any decision, whatever the additional hints kind of convincing narration that these fraudsters come up with. .

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

There is no way these guys are generating that amount of Bitcoins from nowhere.You may ask me, how can you be so sure that those are just scams Because, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, every transaction made is supported 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 just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll only do this quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limitation determined by its founder.

Each transaction made will be confirmed 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 always wins.Transaction evidence to entice additional investorsThey might have made some genuine transactions to entice more Source 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 those frauds are lost forever and cannot be followed for example cash. So 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 need you to introduce new members to this scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging your regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.