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

Moreover, this firm also Won't share 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 stage says that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these guys to scrape themselves a profit every time a transaction occurs.

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This narration will be absolutely absurd for those of you, who know how cryptocurrencies work.   They are trying to manipulate the newbie investors into thinking that, 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 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 danger 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.   Profits of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the most amount of volatility, but it does not means these kind of profits are achievable.

The registrant contact details are untraceable.   Though, this site has been around for more than a year, there isnt enough data to trace their traffic resources. For additional information relating to this site, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in this type of unethical way that they are almost unidentifiable.   Also, considering the potential risks and the apparent fake return asserts, we strongly advise everyone to steer clear of them.

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

However, do not get carried off by these bogus 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 probably a ponzi scheme.   They May process 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 these fraudsters produce. .

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Recently, I have been carefully watching the bitcoin scam sites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these individuals are very smart at luring innocent users and ultimately scamming them.For example, 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 can ask me, how can you be 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 supported by at least 2 nodes and then merged into block-chains.

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Just how can anyone mine unknown BitcoinsThat is why any website which claims to find some defect 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'll just do this quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limit set by its founder.

Each 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 easily identified by checking the different block-chains. The longest block-chain consistently wins.Transaction evidence to entice additional investorsThey might 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 website and all the invested Bitcoins.Sadly any Coins lost 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 fooled by the initial high 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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