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Bitcoin Multiply Times represents an ICO.   They raise money required for their operations in the investors.   In return, the investors are entitled to a 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 details about them, which is a massive concern. .

Moreover, this firm also Won't discuss any license details on their website.   They are operating from 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 flaw has enabled these guys to scratch themselves a profit every time a transaction occurs.

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This narration will be absolutely ridiculous for all 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 individuals made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain as they say, even if it was accurate, then why would 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 likelihood of success.

They offer 4 Kinds of investment plans.   Gains of 1000% every day 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 website has been around for more than a year, there isnt enough data to follow their traffic resources. For additional information relating to this website, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in this type of unethical way that they are almost unidentifiable.   Also, considering the potential dangers and the obvious fake return asserts, we strongly urge everyone to stay away from them.

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

However, do not get carried off by those bogus comments from bogus user profiles.   In the event, 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 a few refunds every once in a while, but it will 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 come up with. .

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Recently, I have been carefully watching the bitcoin scam sites on TOR network that offer double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are really smart at luring innocent customers and finally scamming them.For example, have a look at this website that I found on dark net.

There's no way these men are generating that amount of Bitcoins from nowhere.You may inquire, how can you be so sure that those are scams Because, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, each transaction made is validated by at least two nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is the reason any website 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 simply take their one coin and multiply it until they attain the 21 million Bitcoin limitation 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 readily 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 blog here 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 like money. Before doing any investment, do the following checks consistently: Check their credentials.

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They might be tricked by the initial high returns.Especially be careful of specifications that need you to introduce new members into the scheme.Also See: 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 boundaries and traditional valuing of currency.