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

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

This stage says 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 are trying to manipulate the newbie investors into thinking that, they know what they are talking about.

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

Earning gains without getting exposed to danger is hopeless.   However, the only thing that you can do is to diversify them that you have greater probability of success.

They offer 4 types of investment plans.   Gains of 1000% daily 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 site has been around for more than a year, there isnt enough information to follow their traffic sources. For more details about this website, see Scamadviser.com.

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Vast 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 risks and the apparent fake return claims, we strongly urge everyone to stay away from them.

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

However, do not get carried off by those fake comments from bogus user profiles.   In case, my response if you were wondering that there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They May process some withdrawals every once in a while, but it will ultimately end in a horrible 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 carefully watching the bitcoin scam websites on TOR network offering double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these individuals are very smart at luring innocent customers and ultimately scamming them.For example, have a look at this website that I found on dark net.

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

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Just how can anyone mine unknown BitcoinsThat is why any website which claims to find some defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is just 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 until they reach the 21 million Bitcoin limit determined by its founder.

Every transaction made will be validated by a few nodes and only the valid 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 proofs to entice more investorsThey may have like this 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 day gone. This stands for both the fraudulent site and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced for example cash. So before doing any investment, do the following checks always: Assess 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 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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