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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 some 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 information about them, which is a huge concern. .

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

This stage States 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 are 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 flaws in the blockchain as they state, 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 hopeless.   However, the only thing that you can do is to diversify them so that you have better probability of success.

They offer 4 Kinds of investment plans.   Profits of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but it 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 information to follow their traffic sources. For additional information about 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 almost unidentifiable.   Also, considering the potential risks and the obvious fake return asserts, we strongly advise everyone to steer clear of them.

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

But Do not get carried away by those fake comments from bogus user profiles.   In the event, if you're wondering that there isnt any way to track down those consumers.

Bitcoin Multiply Times is most probably a ponzi scheme.   They might procedure some withdrawals every once in a while, but It Is Going to ultimately end in a dreadful 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 come up with. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network that offer double 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 finally scamming them.For example, take a look at this site that I found on shadowy web.

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

So how can anyone mine unknown BitcoinsThat is the reason 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 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 limit determined by its founder.

Every transaction made will be validated by a few nodes and only the valid ones can enter into a block-chain. So wikipedia reference fraudulent transactions can be easily identified by checking the different block-chains. The longest block-chain consistently 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 site and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced like cash. 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 this scheme.Also See: Hacking Bitcoins The way its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends borders and traditional valuing of currency.