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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 some amount of profits in the near future.   We assessed FCA and FTC to find out, if this company is regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

Furthermore, This firm also refuses to discuss any license particulars on their website.   They're operating from the shadows intentionally. The only contact information they feature 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 scrape 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're 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 dropped their funds.   There isnt any defects in the blockchain as they state, even if it was accurate, then why can they tell it to the public instead of making money for themselves

Earning gains without getting exposed to risk is hopeless.   On the other hand, the only thing that you can do is to diversify them so that you have better probability of success.

They offer 4 types of investment plans.   Gains of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets the maximum amount of volatility, but it 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 information to trace their traffic sources. For additional information about this website, see 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 are almost unidentifiable.   Moreover, considering the potential risks and the obvious fake look here return asserts, we strongly advise everyone to steer clear of them.

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

But Do not get carried off by these bogus 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 process a few refunds every once in a while, but It Is Going to ultimately end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not make any decision, regardless of 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 offering double or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these people are really smart at luring innocent customers and finally scamming them.For instance, have a look at this site that I found on shadowy net.

There's no way these guys are generating this 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 into the Bitcoin code, every transaction made is supported by at click here for more info least 2 nodes and then merged into block-chains.

Just how can anyone mine unknown BitcoinsThat is why any website that claims to find some flaw 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 will just do that quietly. They can just take their one coin and multiply it till they reach the 21 million Bitcoin limit 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 easily 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 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 dropped to those frauds are lost forever and cannot be followed for example money. Before doing any investment, do the following checks consistently: Assess their credentials.

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