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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations from 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 regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

Moreover, this firm also refuses to share any license particulars on their website.   They are operating in the shadows intentionally. The only contact information they feature is an email address.

This stage States that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scratch themselves a profit each 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 people made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain as they say, even though it had been true, 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 you can do is to diversify them so that you have better probability of success.

They offer 4 types of investment plans.   Profits of 1000% every day is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets the maximum amount of volatility, but that 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 information to follow their traffic sources. For more details about 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.   Moreover, considering the potential dangers and the apparent fake return claims, we strongly advise everyone to stay away from them.

This stage showcase few testimonials.   All of the comments are extremely flattering.   The alleged early users talk about, the way this software helped them earn a good deal of money.

But Do not get carried off by these fake comments from our website bogus consumer 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 might procedure 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 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 offering double or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these individuals are very smart at luring innocent customers and ultimately scamming them.For example, take a look at this site that I found on shadowy net.

There's no way these guys are generating that amount of Bitcoins from nowhere.You may ask me, how can you be sure that those are just scams Because, the answer can be found in the open-source Bitcoin code!According into the Bitcoin see this website code, each transaction made is supported by at least 2 nodes and then merged into block-chains.

Just how can anyone mine unknown BitcoinsThat is the reason any site that 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 even 100x, they'll just do that quietly. They can simply take their one coin and multiply it until they attain the 21 million Bitcoin limit determined by its founder.

Each transaction made will be validated by some 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 more investorsThey might 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 site and the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be traced like cash. So before doing any investment, do the following checks always: Check their credentials.

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