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

Furthermore, This firm also refuses to discuss any license particulars on their website.   They're operating in the shadows intentionally. The only contact information that they comprise is an email address.

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scrape themselves a profit each time a transaction occurs.

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This narration will be absolutely absurd for all 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 defects in the blockchain since they say, 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.   However, 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.   Profits of 1000% every day is certainly every investors dream, 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 website has been around for more than a year, there isnt enough data to trace their traffic resources. For more details about this site, 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 risks and the apparent fake return asserts, we strongly advise everyone to stay away from them.

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

However, do not get carried away by these fake comments from bogus consumer profiles.   In case, if you're wondering that 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 finally end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not make any decision, regardless of the kind of convincing narration these fraudsters come up with. .

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Recently, I have been closely watching the bitcoin scam sites on TOR network offering double or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these people are very smart at luring innocent customers and ultimately scamming them.For instance, take a look at this website that I found on shadowy web.

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

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Just how can anyone mine unknown BitcoinsThat is the reason any site which claims to find some flaw 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 will just do that quietly. They can just take their one coin and multiply it till they reach the 21 million Bitcoin limit determined by its founder.

Each transaction made will be confirmed 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 consistently wins.Transaction evidence to entice additional investorsThey may have made some genuine transactions to entice additional 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 followed for example money. So before doing any investment, do the following checks always: Check their credentials.

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They may be tricked 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 local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.

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