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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 assessed FCA and FTC to find out, if this firm is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

Furthermore, This firm also Won't discuss any license details on their website.   They are operating in the shadows intentionally. The only contact information they comprise is an email address.

This platform States that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these men 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 they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they say, even if it was true, then why would they tell it to the public instead of making money for themselves

Earning profits without getting exposed to risk is impossible.   However, the only thing 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 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 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 more details relating to this website, visit Scamadviser.com.

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

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

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

Bitcoin Multiply Times is probably a ponzi scheme.   They May process some withdrawals every once in a while, but It Is Going to ultimately end in a dreadful way.   Whenever an opportunity too good to be true arises, do not impulsively make any decision, whatever the kind of convincing narration these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having several bad efforts, 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 shadowy net.

There's no way these men are generating that amount of Bitcoins from nowhere.You can ask me, 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, each transaction made is validated by at least 2 nodes and then coded into block-chains.

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

Every transaction made will be confirmed 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 website and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced for example cash. So before doing any investment, do the following checks always: 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 into the scheme.Also Watch: Hacking Bitcoins The way 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.