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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 gains in the near future.   We assessed FCA and FTC to find out, if that company is regulated. Unfortunately, we did not find any details about them, which is a massive concern. .

Furthermore, This firm also refuses to share any license details on their website.   They are operating from the shadows intentionally. The only contact information that they feature is an email address.

This stage says that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scratch themselves a profit each 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 are 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 lost their funds.   There isnt any flaws in the blockchain as they state, even if it was true, then why can they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is hopeless.   However, the only thing you can do is to diversify them that you have better probability of success.

They offer 4 Kinds of investment plans.   Gains 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 site has been around for more than a year, there isnt enough information to follow their traffic resources. For additional information about this site, visit 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 risks and the apparent fake return claims, we strongly advise everyone to stay away from them.

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

But Do not get carried off by those fake comments from bogus user profiles.   In the event, if you were wondering 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 dreadful way.   Whenever an opportunity too good to be true arises, do not impulsively 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 really smart at luring innocent users and ultimately scamming them.For example, take a look at this site that I found on dark net.

There's no way these guys are generating this amount of Bitcoins from nowhere.You can inquire, go to this web-site how can you be sure that those are just scams Because, the answer can be found 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 which claims to find some defect 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 only do this quietly. They can simply take their one coin and multiply it until they reach the 21 million Bitcoin limitation set by its founder.

Every 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 easily identified by checking the different block-chains. The longest block-chain consistently 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 all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be followed like money. Before doing any investment, do the following checks always: 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 the scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries and traditional valuing of currency.