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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations from 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 details about them, which is a massive concern. .

Moreover, this firm also refuses to discuss any license details on their website.   They are operating in the shadows intentionally. The only contact information that they feature is an email address.

This platform States that, They've 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 absurd for those of you, who know how cryptocurrencies work.   They're trying to manipulate the newbie investors into thinking they know what they're talking about.

Unfortunately, many people made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain as they say, even though it had been accurate, then why would they let 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 better likelihood of success.

They offer 4 Kinds of investment plans.   Gains of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has 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 data to follow their traffic resources. For more details relating to this site, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in such a shady way That They're her latest blog almost unidentifiable.   Also, considering the potential dangers and the apparent fake return claims, we strongly advise everyone to steer clear of them.

This platform showcase few testimonials.   All of the comments are extremely flattering.   The alleged early users speak about, web how this program helped them earn a lot of money.

But Do not get carried away by those bogus comments from bogus user 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 process some withdrawals every once in a while, but it will ultimately end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not 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 double or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these people are very smart at luring innocent customers and finally scamming them.For instance, take a look at this website that I found on dark net.

There's no way these men are generating this amount of Bitcoins from nowhere.You can inquire, how can you be sure that those are scams Because, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, every transaction made is supported by at least 2 nodes and then coded into block-chains.

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Just how can anyone mine unknown BitcoinsThat is why find this any site that claims to find some defect in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll only do this quietly. They can simply take their one coin and multiply it till they reach the 21 million Bitcoin limitation determined by its founder.

Each 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 readily 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 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 traced like cash. So before doing any investment, do the following checks always: Assess their credentials.

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They might be fooled by the initial high returns.Especially be cautious of specifications that require 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 as online money that transcends borders and traditional valuing of currency.

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