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

Moreover, this firm also Won't share any license particulars on their website.   They're operating in the shadows intentionally. The only contact details 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 guys 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're talking about.

Unfortunately, many people made the mistake of trusting them and dropped their funds.   There isnt any flaws in the blockchain since they state, even though it was accurate, then why can they tell it to the public instead of making money for themselves

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

They offer 4 Kinds of investment plans.   Gains of 1000% every day is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets the most amount of volatility, but it does not means these kind of profits 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 additional information about this site, 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.   Also, considering the potential risks and the obvious fake return asserts, we strongly advise everyone to steer clear of them.

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

But Do not get carried off by these bogus comments from bogus consumer profiles.   In the event, if you're wondering there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure some withdrawals 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, whatever the kind of convincing narration that these fraudsters come up with. .

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Recently, I have been closely watching the bitcoin scam find more websites on TOR network offering dual or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these individuals are really smart at luring innocent users and finally scamming them.For instance, have a look at this site that I found on shadowy net.

There is no way these guys are generating this amount of Bitcoins from nowhere.You may inquire, how can you be sure that those are just scams Because, the answer can be found in the open-source Bitcoin code!According to the Bitcoin code, every transaction made is validated by at least 2 nodes and then coded into block-chains.

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So how can anyone mine unknown BitcoinsThat is why any site that claims to find some flaw 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 will only do that quietly. They can just take their one coin and multiply it until they attain the 21 million Bitcoin limit determined by its founder.

Every 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 always wins.Transaction proofs to entice additional 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 site and the invested Bitcoins.Sadly any Coins lost to 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 tricked by the initial high returns.Especially be cautious of specifications that require you to introduce new members to the scheme.Also Watch: 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 borders and traditional valuing of currency.

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