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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 some amount of gains in the near future.   We assessed FCA and FTC to find out, if this firm is controlled. Unfortunately, we did not find any details about them, which is a huge concern. .

Furthermore, This firm also refuses to share any license particulars on their website.   They're operating in the shadows intentionally. The only contact information they feature is an email address.

This stage says that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scratch 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're 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 lost their funds.   There isnt any flaws in the blockchain as they say, even though it had been true, then why can they tell it to the public instead of making money for themselves

Earning gains without getting exposed to danger is hopeless.   However, the only thing you can do is to diversify them that you have better likelihood 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 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 resources. For more details relating to this website, 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 are almost unidentifiable.   Also, considering the potential risks and the apparent fake return claims, we strongly urge everyone to steer clear of them.

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

But Do not get carried away 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 some withdrawals every once in a while, but It Is Going to finally 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 that these fraudsters produce. .

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

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

Just how can anyone mine unknown BitcoinsThat is the reason any site which claims to find some flaw 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 will just 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 validated by some 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 always 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 those frauds are lost forever and cannot be traced for example money. So 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 cautious of specifications that require you to introduce new members into this scheme.Also See: Hacking Bitcoins How its done1. Exchanging your regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.