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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 a amount of profits in the near future.   We assessed 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 details on their website.   They're operating from the shadows intentionally. The only contact information that they comprise is an email address.

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scrape themselves a profit every time a transaction occurs.

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This narration will be absolutely ridiculous for those of you, who know how cryptocurrencies work.   They're trying to manipulate the newbie investors into thinking that, 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 state, 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 danger is impossible.   However, 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% every day is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets the most amount of volatility, but that does not means these kind of profits are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough information to trace their traffic resources. For additional information relating to this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way That They're almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return claims, we strongly urge everyone to stay away from them.

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

However, do not get carried away by those bogus comments from bogus user profiles.   In the event, if you're wondering that there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They might process a few refunds every once in a while, but It Is Going to finally 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 these fraudsters come up with. .

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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 many bad efforts, I learnt that these people are very smart at luring innocent users and finally scamming them.For instance, have a look at this site that I found on dark web.

There is no way these guys are generating that amount of Bitcoins from nowhere.You can ask me, how can you be sure that those are just scams Since, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every 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 the reason any website which claims to find some defect 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 that quietly. They can just take their one coin and multiply it until they attain the 21 million Bitcoin limit determined by its founder.

Every transaction made will be validated by some 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 additional investorsThey might 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 like money. So before doing any investment, do the following checks always: Assess their credentials.

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They may be tricked by the initial high returns.Especially be this content cautious of specifications that require you to introduce new members to this scheme.Also See: Hacking Bitcoins The way its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends borders and see traditional valuing of currency.

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