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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 some amount of gains in the near future.   We checked FCA and FTC to find out, if this company is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

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

This platform States that, they have found some kind of bug in the blockchain.   Apparently, that flaw 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're 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 lost their funds.   There isnt any flaws in the blockchain since they state, even if it had been true, then why would they tell it to the public instead of making money for themselves

Earning gains without getting exposed to danger is impossible.   However, the only thing you can do is to diversify them so that you have greater likelihood 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 that does not means these kind of profits 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 about this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in this type of unethical way That They're almost unidentifiable.   Also, considering the potential risks and the obvious fake return asserts, we strongly urge everyone to steer clear of them.

This platform showcase couple testimonials.   All of 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 process a few refunds every once in a while, but it will finally end in a dreadful way.   Whenever an opportunity too good to be true arises, do not make any decision, regardless of the kind of convincing narration these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network that offer double 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, have a look at this website that I found on shadowy web.

There's no way these men are top article generating that amount of Bitcoins from nowhere.You can inquire, how can you be so sure that those are scams Because, the answer lies 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.

So how can anyone mine unknown BitcoinsThat is why any website 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 simply take their one coin and multiply it till they attain the 21 million Bitcoin limit set by its founder.

Each transaction made will be validated by some nodes and only check the valid ones can enter into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain consistently wins.Transaction proofs 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 site and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced like cash. So 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 require you to introduce new members to this scheme.Also See: Hacking Bitcoins The way its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money Source that transcends borders and traditional valuing of currency.