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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 assessed 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. .

Moreover, this firm also Won't share any license particulars on their website.   They're operating from the shadows intentionally. The only contact details 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 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 they know what they are talking about.

Unfortunately, many individuals made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain since they state, even though it was accurate, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is hopeless.   On the other hand, the only thing you can do is to diversify them so that you have greater probability of success.

They offer 4 types of investment plans.   Profits of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but it 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 sources. For additional information about 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 are almost unidentifiable.   Moreover, considering the potential risks and the obvious fake return asserts, we strongly advise everyone to stay away from them.

This stage showcase couple testimonials.   All of the comments are extremely flattering.   The alleged early users talk 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 there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They May procedure a few refunds every once in a while, but it will ultimately 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 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 several bad attempts, I learnt that these individuals are very smart at luring innocent users and finally scamming them.For example, take 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 can inquire, 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 validated by at least 2 nodes and then coded into block-chains.

So how can anyone mine unknown BitcoinsThat is why any website that 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 will only do this quietly. They can just take their one coin and moved here multiply it till they reach the 21 million Bitcoin limit set by its founder.

Every transaction made will be confirmed 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 consistently wins.Transaction evidence to entice additional investorsThey may have made some genuine transactions to entice additional 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 all the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be traced for example money. 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.