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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 checked FCA and FTC to find out, if this company is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

Moreover, this firm also refuses to discuss any license details on their website.   They are 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 flaw has enabled these men to scratch 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're talking about.

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain since they say, even though it had been accurate, then why would they let it to the public instead of making money for themselves

Earning gains without getting exposed to danger is hopeless.   On the other hand, the only thing you can do is to diversify them that you have greater likelihood of success.

They offer 4 types of investment plans.   Profits of 1000% daily is certainly every investors fantasy, 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 data to follow their traffic resources. For more details about this site, 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.   Moreover, considering the potential dangers and the obvious fake return claims, we strongly advise everyone to stay away from them.

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

However, 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 users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They might process some withdrawals every once in a while, but it will finally 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 closely watching the bitcoin scam websites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these people are really smart at luring innocent customers and ultimately scamming them.For example, take a look at this site that I found on dark net.

There is no way these men are generating this amount of Bitcoins from nowhere.You can ask me, how can you be sure that those are just scams Because, the answer can over at this website be found in the open-source Bitcoin code!According into the Bitcoin code, every 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 which claims to find some flaw in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or 100x, they will just do this quietly. They can just take their one coin and multiply it till they reach the 21 million Bitcoin limitation determined by its founder.

Each transaction made will be confirmed by some 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 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 website and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be followed for example money. So before doing any investment, do the following checks always: Assess 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 into this scheme.Also See: Hacking Bitcoins The way 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.