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Bitcoin Multiply Times represents an ICO.   They raise money demanded 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 that firm is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

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

This stage says that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scratch 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 that, they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and dropped 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 likelihood of success.

They offer 4 types of investment plans.   Profits of 1000% every day 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 trace 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 firm operates in this type of unethical way that they are almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return asserts, we strongly advise everyone to steer clear of them.

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

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

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 impulsively make any decision, regardless of the kind of convincing narration that these fraudsters produce. .

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Recently, I have been carefully watching the bitcoin scam sites on TOR network that offer 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 finally scamming them.For example, have a look at this website that I found on dark net.

There is no way these men 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 my company code, each transaction made is supported by at least 2 nodes and then merged into block-chains.

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Just how can anyone mine unknown BitcoinsThat is the reason any website that 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'll only do that quietly. They can just take their one coin and multiply it till they reach 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 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 additional investors.

If possible ask your friend to escape it, before he loses everything. One day there and next day gone. This stands for both the fraudulent website and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced like cash. Before doing any investment, do the following checks consistently: 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 to this scheme.Also See: Hacking Bitcoins The way its done1. Exchanging your regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.

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