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

Moreover, this firm also refuses to share any license particulars on their website.   They're operating from the shadows intentionally. The only contact details that they feature is an email address.

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scrape themselves a profit each time a transaction occurs.

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This narration will be absolutely absurd for 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 dropped their funds.   There isnt any flaws in the blockchain since they say, even if it was accurate, then why can they let it to the public instead of making money for themselves

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

They offer 4 Kinds of investment plans.   Profits of 1000% daily is certainly every investors dream, 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 site has been around for more than a year, there isnt enough information to trace their traffic sources. For more details about this site, see 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.   Also, considering the potential risks and the obvious fake return asserts, we strongly urge everyone to steer clear of them.

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

But Do not get carried off by those bogus comments from bogus consumer profiles.   In the event, if you were wondering there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure some withdrawals every once in a while, but it will ultimately 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 that 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 customers and ultimately scamming them.For instance, take a look at this website that I found on shadowy net.

There is no way these guys are generating that amount of Bitcoins from nowhere.You can inquire, 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 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 flaw 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 just do this quietly. They can simply take their one coin and multiply it until they reach the 21 million Bitcoin limit determined by its founder.

Every transaction made will be confirmed by some nodes and only the valid 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 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 for example money. So before doing any investment, do the following checks always: Check their credentials.

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They may be tricked by the initial high returns.Especially be careful hop over to these guys 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 as online money that transcends boundaries and traditional valuing of currency.