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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 profits in the near future.   We checked FCA and FTC to find out, if that firm is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

Furthermore, This firm also refuses to discuss any license details on their website.   They're operating in the shadows intentionally. The only contact information that they feature is an email address.

This platform says that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scratch 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 they know what they're talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain as they state, even though it was true, 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 that you can do is to diversify them that you have better likelihood of success.

They offer 4 types of investment plans.   Profits of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the most 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 follow their traffic resources. For more details about this website, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in this type of unethical way that they are almost unidentifiable.   Also, considering the potential dangers and the apparent fake return claims, we strongly advise everyone to steer clear of them.

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

But Do not get carried away by those bogus comments from bogus user profiles.   In case, if you're wondering that there isnt any way to track down those consumers.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure some withdrawals 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 impulsively make any decision, regardless of the kind of convincing narration these fraudsters produce. .

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Recently, I have been carefully these details watching the bitcoin scam websites on TOR network that offer double 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 dark net.

There is no way these men are generating that amount of Bitcoins from nowhere.You may 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, each transaction made is supported by at least two nodes and then coded into block-chains.

So how can anyone mine unknown BitcoinsThat is why 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 will only do this 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 made will be validated by a few 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 more 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 go right here and next day gone. This stands for both the fraudulent site and the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be traced like cash. So before doing any investment, do the following checks always: Assess useful site their credentials.

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They might be fooled by the initial high returns.Especially be careful of specifications that require you to introduce new members to 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.