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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 gains in the near future.   We checked FCA and FTC to find out, if this company is controlled. Unfortunately, we did not find any information about them, which is a massive concern. .

Moreover, 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 feature is an email address.

This stage States that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scrape themselves a profit every 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 are 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 state, even if it had been accurate, then why would 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 that you can do is to diversify them that you have better probability of success.

They offer 4 types of investment plans.   Profits of 1000% every day 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 profits are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough data to follow their traffic resources. For more details about this website, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in such a shady way that they are almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return asserts, we strongly urge everyone to stay away from them.

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

However, do not get carried off 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 probably a ponzi scheme.   They might procedure a few refunds every once in a while, but It Is Going to finally 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 offering double or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these people are really smart at luring innocent users and finally scamming them.For example, have a look at this site that I found on shadowy web.

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

Just how can anyone mine unknown BitcoinsThat is why any site that claims to find some defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll just do this quietly. They can just take their one coin see this and multiply it till 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 evidence to entice more investorsThey might have made some genuine transactions to entice additional 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 lost to all those frauds are lost forever and cannot be followed like money. So before doing any investment, do the following checks always: Assess their credentials.

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They might be fooled by the initial high returns.Especially be careful of specifications that require you to introduce new members into this scheme.Also See: Hacking Bitcoins How its done1. Exchanging your regional currency for bitcoinsBitcoins you could try here are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.