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

Moreover, this firm also Won't discuss any license details on their website.   They are operating in the shadows intentionally. The only contact details that they comprise is an email address.

This stage 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 absurd 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 lost their funds.   There isnt any flaws in the blockchain since they say, even though it was accurate, then why can they tell it to the public instead of making money for themselves

Earning profits 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.   Gains of 1000% daily is certainly every investors dream, 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 site has been around for more than a year, there isnt enough data to follow their traffic sources. For more details relating to this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in such a shady way That They're almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return claims, we strongly urge everyone to steer clear of them.

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

But Do not get carried off by these bogus comments from bogus consumer profiles.   In case, 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 process some withdrawals every once in a while, but It Is Going to ultimately end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not impulsively 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 sites on TOR network offering dual or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these individuals are very smart at luring innocent users and finally scamming them.For instance, take a look at this site that I found on shadowy net.

There's no way these men are generating that amount of Bitcoins from nowhere.You may inquire, how can you be sure that those check out here are scams Since, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is validated by at least two nodes and then merged into block-chains.

Just how can anyone mine unknown BitcoinsThat is why any website that 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'll only do this quietly. They can simply take their one coin and multiply it till they reach the 21 million Bitcoin limitation set 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 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 more 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 all the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be followed like 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 cautious of specifications that require you to introduce new members to this scheme.Also Watch: Hacking Bitcoins The way 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.