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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations in the investors.   In return, the investors are entitled to a 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 details about them, which is a massive concern. .

Furthermore, This firm also Won't discuss any license particulars on their website.   They are operating in the shadows intentionally. The only contact information that they comprise is an email address.

This stage says that, they have 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 ridiculous 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 gains without getting exposed to risk is hopeless.   On the other hand, the only thing that you can do is to diversify them that you have greater probability of success.

They offer 4 types of investment plans.   Gains of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets 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 follow their traffic sources. For additional information about this website, visit Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This company operates in such a shady way that they are almost unidentifiable.   Moreover, considering the potential risks and the apparent fake return claims, we strongly advise everyone to steer clear of them.

This stage showcase few testimonials.   All the comments are extremely flattering.   The alleged ancient users talk about, how this program helped them earn a good deal of money.

But Do not get carried off by those fake more tips here comments from bogus consumer profiles.   In case, if you were wondering there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They might process a few refunds every once in a while, but it will finally end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not make any decision, regardless of the kind of convincing narration these fraudsters come up with. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network that offer 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 users and finally scamming them.For instance, have a look at this site that I found on dark net.

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

Just how can anyone mine unknown BitcoinsThat is the reason any site which claims to find some flaw in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is just 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 attain the 21 million Bitcoin limitation set by its founder.

Each transaction made will be confirmed by a few 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 more investorsThey might have made some genuine transactions to entice more 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 the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be followed like money. So 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 need you to introduce new members to the 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 borders and traditional valuing of currency.