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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 that firm is regulated. Unfortunately, we did not find any details about them, which is a massive concern. .

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

This stage says that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these guys to scratch themselves a profit every 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 people made the mistake of trusting them and dropped their funds.   There isnt any flaws in the blockchain since they state, even though it had been accurate, then why can they let it to the public instead of making money for themselves

Earning gains without getting exposed to risk is hopeless.   On the other hand, the only thing you can do is to diversify them so that you have better probability of success.

They offer 4 types of investment plans.   Profits of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets the maximum amount of volatility, but it does not means these kind of gains 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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Majority of the investment solution uphold transparency.   This firm operates in this type of unethical way that they are almost unidentifiable.   Moreover, considering the potential risks and the obvious fake return claims, we strongly urge everyone to stay away from them.

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

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

Bitcoin Multiply Times is probably a ponzi scheme.   They might 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, regardless of the kind of convincing narration these fraudsters produce. .

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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 efforts, I learnt that these people are very smart at luring innocent users and finally scamming them.For example, take a look at this site that I found on dark web.

There's no way these guys are generating this amount of Bitcoins from nowhere.You may inquire, how can you be so sure that those are scams Because, the answer can be found in the open-source Bitcoin code!According to the Bitcoin code, each 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 website that 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 even 100x, they'll only do this quietly. They can simply take their one coin and multiply it till they reach the 21 million Bitcoin limit set by its founder.

Every transaction made will be validated by a few nodes and only the legitimate ones can enter into a block-chain. So fraudulent transactions can be readily identified by checking the different block-chains. The longest block-chain always wins.Transaction proofs to entice more investorsThey might 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 lost to those frauds are lost forever and cannot be followed like cash. Before doing any investment, do the following checks consistently: Assess 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 into the scheme.Also See: Hacking Bitcoins How 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.