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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 assessed FCA and FTC to find out, if that company 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 are operating from the shadows intentionally. The only contact details that they feature is an email address.

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these guys to scratch 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 are 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 flaws in the blockchain as they state, even though it had been accurate, then why would they tell it to the public instead of making money for themselves

Earning profits 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 probability of success.

They offer 4 Kinds of investment plans.   Gains of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets the most amount of volatility, but that does not means these kind of gains are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough data to trace their traffic sources. For more details about this website, visit 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.   Also, considering the potential dangers and the apparent fake return asserts, we strongly advise everyone to he has a good point stay away from them.

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

However, do not get carried away by those fake comments from bogus user profiles.   In case, if you were wondering there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure some withdrawals every once in a while, but it will ultimately end in a horrible way.   Whenever an opportunity too good to be true 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 websites on TOR network that offer double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are very smart at luring innocent customers and ultimately scamming them.For example, take a look at this website that I found on shadowy net.

There is no way these guys are generating that amount of Bitcoins from nowhere.You may inquire, how can you be sure that those are scams Because, the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is supported by at least two nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is the reason any website that claims to find some flaw in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will just do this quietly. They can simply take their one coin and multiply it until they attain the 21 million Bitcoin limit determined by its founder.

Every transaction made will be validated by a few nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain always wins.Transaction proofs to entice additional 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 website and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced like cash. So before doing any investment, do the following checks consistently: Assess their credentials.

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They may be fooled by the initial high returns.Especially be careful of specifications that require you to introduce new members into the scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends borders and traditional valuing of currency.