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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 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. .

Furthermore, This firm also refuses to share 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 men to scratch themselves a profit each 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 that, they know what they are talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain since they state, even if it was accurate, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is impossible.   However, the only thing that you can do is to diversify them that you have better likelihood 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 that 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 information to trace their traffic sources. For more details relating to this site, see 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 dangers and the apparent fake return claims, we strongly urge everyone to steer clear of them.

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

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

Bitcoin Multiply Times is probably a ponzi scheme.   They May procedure some withdrawals every once in a while, but it will finally 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 these fraudsters come up with. .

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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 many bad efforts, I learnt that these individuals are very smart at luring innocent customers and finally scamming them.For instance, take a look at this site that I found on dark 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 site web those are scams Since, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, every transaction made is supported by at least two nodes and then merged into block-chains.

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

Every 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 consistently wins.Transaction evidence to entice additional 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. Before doing any investment, do the following checks consistently: Assess 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 this scheme.Also See: Hacking Bitcoins The way its done1. Exchanging your regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends borders and traditional valuing of currency.