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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 company is regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

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

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

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This narration will be absolutely ridiculous for those of you, who know how cryptocurrencies work.   They are trying to manipulate the newbie investors into thinking that, they know what they're 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 if it was true, then why can they tell it to the public instead of making money for themselves

Earning gains 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 better probability of success.

They offer 4 types of investment plans.   Profits 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 it 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 information to trace their traffic sources. For additional information relating to this site, visit Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This company operates in this type of unethical way that they are almost unidentifiable.   Also, considering the potential dangers and the apparent fake return asserts, we strongly urge everyone to steer clear of them.

This platform showcase couple testimonials.   All of the comments are extremely flattering.   The alleged ancient users talk about, how this software helped them earn a good deal of money.

However, do not get carried off by those fake comments from bogus consumer profiles.   In case, if you're wondering there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They May 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 make any decision, whatever the kind of convincing narration that these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam sites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are very smart at luring innocent customers and ultimately scamming them.For example, take a look at this site that I found on shadowy net.

There is no way these men are generating that amount of Bitcoins from nowhere.You can ask me, how can you be so 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 his comment is here anyone mine unknown BitcoinsThat is the reason any site that 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 100x, they will only do this quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limit determined by its founder.

Each 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 might have made some genuine transactions to entice additional investors.

If possible ask your friend to escape it, before he loses everything. One day there and next day gone. This stands for both the fraudulent website and the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced for example money. Before doing any investment, do the following checks consistently: Check 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 into 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 borders and traditional valuing of currency.