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Bitcoin Multiply Times represents an ICO.   They raise money required for their operations from the investors.   In return, the investors are entitled to some amount of profits in the near future.   We checked FCA and FTC to find out, if that firm is regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

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

This platform says that, they have 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 ridiculous for those of you, who know how cryptocurrencies work.   They are trying to manipulate the newbie investors into thinking that, they know what they are talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain as they say, even if 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 impossible.   However, the only thing 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 most 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 trace their traffic sources. For additional information about this site, visit Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This company 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 advise everyone to stay away from them.

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

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

Bitcoin Multiply Times is probably a ponzi scheme.   They might process a few refunds every once in a while, but It Is Going to ultimately end in a dreadful way.   Whenever an opportunity too good to be true arises, do not impulsively make any decision, regardless of 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 several bad attempts, I learnt that these individuals are really smart at luring innocent users and finally scamming them.For instance, take a look at this site that I found on shadowy net.

There's no way these guys are generating that amount of Bitcoins from nowhere.You can ask me, how can you be sure that those are scams Since, 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.

Just how can anyone mine unknown BitcoinsThat is why any website that 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 just do that quietly. They can just take their one coin and multiply it till click they attain the 21 million Bitcoin limitation determined by its founder.

Every transaction made will be validated by a few nodes and only 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 always wins.Transaction proofs to entice additional investorsThey might 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 for example money. Before doing any investment, do the following checks always: Check their credentials.

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They might be fooled by the initial high returns.Especially be careful of specifications that need you to introduce new members to the scheme.Also See: Hacking Bitcoins How its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money why not look here that transcends borders and traditional valuing of currency.