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

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

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that defect 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 are trying to manipulate the newbie investors into thinking they know what they're talking about.

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

Earning profits without getting exposed to risk is hopeless.   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% daily is certainly every investors fantasy, 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 site has been around for more than a year, there isnt enough information to follow their traffic sources. For additional information relating to this site, visit Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in this type of unethical way that they are almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return claims, we strongly advise everyone to stay away from them.

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

But Do not get carried off by these fake comments from bogus consumer profiles.   In case, if you were wondering that there isnt any way to track down those consumers.

Bitcoin Multiply Times is most 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, 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 that offer dual or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are really smart at luring innocent customers and ultimately scamming them.For example, have 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 just scams Because, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is validated by at least two nodes and then coded into block-chains.

Just how can anyone mine unknown BitcoinsThat is the reason any site which claims to find some defect 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'll just do that quietly. They can just take their one coin and multiply it till they reach click this site the 21 million Bitcoin limit set by its founder.

Each transaction made will be confirmed by a few nodes and only the legitimate ones can enter into a block-chain. So fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain always wins.Transaction proofs to entice more 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 website and the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be traced like cash. Before doing any investment, do the following checks consistently: Check 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 the scheme.Also Watch: 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.