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

Moreover, this firm also Won't share any license particulars on their website.   They are operating from the shadows intentionally. The only contact information they comprise is an email address.

This stage States that, They've found some kind of bug in the blockchain.   Apparently, that defect 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 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 people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they say, even though it was accurate, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is hopeless.   However, the only thing that you can do is to diversify them so that you have greater probability of success.

They offer 4 types of investment plans.   Gains 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 profits are achievable.

The registrant contact details are untraceable.   Though, this site has been around for more than a year, there isnt enough data to follow their traffic sources. For additional information relating to 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.   Moreover, considering the potential dangers and the apparent fake return asserts, we strongly advise everyone to stay away from them.

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

But Do not get carried away by those fake 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 a few refunds every once in a while, but It Is Going to finally end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not make any decision, whatever the kind of convincing narration that these fraudsters produce. .

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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 individuals are really smart at luring innocent customers and finally scamming them.For example, have a look at this website that I found on shadowy web.

There is no way these men are generating that amount of Bitcoins from nowhere.You may inquire, how can you be so sure that those are scams Since, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is validated by at least 2 nodes and then coded into block-chains.

So 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 even 100x, they'll only do this quietly. They can just take their one coin and multiply it until they attain the 21 million Bitcoin limitation set by its founder.

Every 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 always wins.Transaction proofs to entice more investorsThey may 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 site and all look these up the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced like money. Before doing any investment, do the following checks consistently: Check their credentials.

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They might be fooled by the initial high returns.Especially be careful of specifications that need you to introduce new members into the scheme.Also See: Hacking Bitcoins How 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.