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

Moreover, this firm also refuses to share 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 stage States that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scrape themselves a profit every time a transaction occurs.

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This narration will be absolutely ridiculous for those of you, who know how cryptocurrencies work.   They're 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 dropped their funds.   There isnt any flaws in the blockchain as they state, even though it was true, then why would they let it to the public instead of making money for themselves

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

They offer 4 types of investment plans.   Profits 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 profits 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 sources. For additional information relating to this site, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in this type of unethical way That They're almost unidentifiable.   Moreover, considering the potential dangers and the obvious fake return claims, we strongly advise everyone to steer resource clear of them.

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

But Do not get carried off by those bogus comments from bogus consumer profiles.   In the event, if you're wondering there isnt any way to track down those consumers.

Bitcoin Multiply Times is probably a ponzi scheme.   They May procedure a few refunds every once in a while, but It Is Going to ultimately end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not impulsively make any decision, whatever the kind of convincing narration 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 attempts, I learnt that these people are very smart at luring innocent users and finally scamming them.For instance, have a look at this website that I found on shadowy net.

There is no way these men are generating this amount of Bitcoins from nowhere.You can ask me, how can you be so sure that those are just scams Because, 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.

So how can anyone mine unknown BitcoinsThat is why any site that claims to find some defect in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can find more information multiply their single Bitcoin 2x or 100x, they will 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 validated by some nodes and only the legitimate ones can enter into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain consistently 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 the invested Bitcoins.Sadly any Coins get redirected here lost to all those frauds are lost forever and cannot be traced for example money. So 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 into 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 boundaries and traditional valuing of currency.