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Bitcoin Multiply Times represents an ICO.   They raise money required for their operations in the investors.   In return, the investors are entitled to a amount of profits in the near future.   We checked 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. .

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

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that flaw 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 all 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 individuals made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain since they say, even though it was accurate, then why can they tell it to the public instead of making money for themselves

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

They offer 4 Kinds of investment plans.   Profits of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the most amount of volatility, but that 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 sources. For additional information relating to this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way that they are almost unidentifiable.   Also, considering the potential dangers and the obvious 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 talk about, how this software helped them earn a lot of money.

But Do not get carried off by these fake comments from bogus user profiles.   In the event, if you were wondering that there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They might process a few refunds every once in a while, but it will finally end in a dreadful way.   Whenever an opportunity too good to be true 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 closely 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 dark net.

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

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Just how can anyone mine unknown BitcoinsThat is why any site that 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 that quietly. They can just take their one coin and multiply it till they reach the 21 million Bitcoin limitation determined 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 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 all the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be followed like money. Before doing any investment, do the following checks always: Check their credentials.

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They might be tricked by the initial high go returns.Especially be cautious of specifications that need you to introduce new members to the scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries and traditional valuing of currency.

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