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Bitcoin Multiply Times represents an ICO.   They raise money demanded 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 that firm is controlled. 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 are operating from the shadows intentionally. The only contact details they feature is an email address.

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that defect 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 all 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 defects in the blockchain since they state, even if it was true, then why can they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk 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 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 website has been around for more than a year, there isnt enough information to follow their traffic sources. For more details about this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way that they are almost unidentifiable.   Also, considering the potential risks and the obvious fake return claims, we strongly advise everyone to stay away from them.

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

However, do not get carried away by those fake comments from bogus user profiles.   In case, if you were wondering there isnt any way to track down those consumers.

Bitcoin Multiply Times is probably a ponzi scheme.   They might process some withdrawals every once in a while, but it will ultimately end in a horrible way. like it   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 double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are very smart at luring innocent users and finally scamming them.For example, have a look at this website that I found on shadowy net.

There is try this out 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 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.

So how can anyone mine unknown BitcoinsThat is why any site which claims to find some flaw in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll only do that quietly. They can simply take their one coin and multiply it till they attain the 21 million Bitcoin limitation determined by its founder.

Every transaction made will be confirmed by a few nodes and only the valid 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 proofs to entice more 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 consistently: Check their credentials.

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They might be tricked by the initial high returns.Especially be careful of specifications that require you to introduce new members to this scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries and traditional valuing of currency.