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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 profits in the near future.   We checked FCA and FTC to find out, if this firm is controlled. 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 are operating in the shadows intentionally. The only contact details that they feature is an email address.

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scrape themselves a profit each 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 defects in the blockchain as they say, even though it was true, then why would they let it to the public instead of making money for themselves

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

They offer 4 Kinds of investment plans.   Profits of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets the maximum 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 resources. For additional information about this website, visit Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in such a shady way that they are almost unidentifiable. see post   Moreover, considering the potential dangers and the obvious fake return asserts, we strongly urge everyone to stay away from them.

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

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure a few refunds every once in a while, but it will ultimately end in a horrible redirected here way.   Whenever an opportunity too good to be accurate 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 sites on TOR network offering dual or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these individuals are really smart at luring innocent customers and finally scamming them.For example, take a look at this website that I found on shadowy web.

There is no way these men are generating that amount of Bitcoins from nowhere.You can ask me, how can you be so sure that those are scams Because, the answer can be found in the open-source Bitcoin code!According to 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 flaw 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 only do that quietly. They can simply take their one coin and multiply it till they attain the 21 million Bitcoin limitation determined by its founder.

Each 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 consistently wins.Transaction evidence to entice additional investorsThey may 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 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 for example money. So before doing any investment, do the following checks always: 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 Watch: Hacking Bitcoins How its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries and traditional valuing of currency.