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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 a amount of gains 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 massive concern. .

Moreover, this firm also Won't discuss any license details on their website.   They're operating in the shadows intentionally. The only contact details that they comprise is an email address.

This platform States that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men 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 are talking about.

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

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

They offer 4 Kinds of investment plans.   Profits of 1000% every day 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 website has been around for more than a year, there isnt enough data 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 firm operates in such a shady way that they are almost unidentifiable.   Also, considering the potential risks and the apparent fake return asserts, we strongly advise everyone to stay away from them.

This stage showcase few testimonials.   All the comments are extremely flattering.   The alleged ancient users speak about, the way this software helped them earn a lot of money.

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

Bitcoin Multiply Times is probably a ponzi scheme.   They might 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 impulsively make any decision, whatever the kind of convincing narration that these fraudsters come up with. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network that offer double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these individuals are very smart at luring innocent users and ultimately scamming them.For example, take a look at this website that I found visit on shadowy net.

There's no way these men are generating this amount of Bitcoins from nowhere.You may ask me, how can you be so sure that those are just scams Since, the answer can be found 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.

So how can anyone mine unknown BitcoinsThat is the reason any website which 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 even 100x, they'll only do this quietly. They can simply take their one coin and multiply it until they attain the 21 million Bitcoin limitation set by its founder.

Every transaction made will be confirmed by some nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be readily identified by checking the next different block-chains. The longest block-chain consistently wins.Transaction proofs to entice additional 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 site and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be followed for example money. So before doing any investment, do the following checks always: Check their credentials.

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They may be tricked by the initial high returns.Especially be cautious of specifications that need you to introduce new members to the 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.