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

Moreover, this firm also Won't discuss any license particulars on their website.   They are operating from the shadows intentionally. The only contact details they feature is an email address.

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scrape themselves a profit every 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 they know what they are talking about.

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

Earning gains without getting exposed to risk is impossible.   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 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 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 resources. For more details about this website, visit Scamadviser.com.

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

This stage showcase couple testimonials.   All the comments are extremely flattering.   The alleged early users speak about, how this program helped them earn a good deal of money.

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They might process some withdrawals every once in a while, but it will finally end in a horrible way.   Whenever an opportunity too good to be true arises, do not make any decision, regardless of the kind of convincing narration these fraudsters come up with. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network offering dual or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these people are very smart at luring innocent customers and ultimately scamming them.For instance, take a look at this website that I found on shadowy web.

There is no way these men are generating this amount of Bitcoins from nowhere.You can ask me, how can you be so sure that those are scams Since, the answer lies 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 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 till they reach click here to find out more the 21 million Bitcoin limit determined by its founder.

Each 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 always wins.Transaction proofs 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 dropped to those frauds are lost forever and cannot be traced for example cash. Before doing any investment, do the following checks always: Assess their credentials.

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They might be fooled by the initial high returns.Especially be careful of specifications that require you to introduce new members to this scheme.Also Watch: 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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