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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 gains in the near future.   We assessed FCA and FTC to find out, if that company is regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

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

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scrape themselves a profit every 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 defects in the blockchain as they state, even if 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.   However, the only thing that you can do is to diversify them that you have better probability of success.

They offer 4 types of investment plans.   Gains of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the most amount of volatility, but that does not means these kind of gains are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough data to follow 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 company 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 stage showcase couple testimonials.   All of the comments are extremely flattering.   The alleged ancient users speak about, how this program helped them earn a good deal of money.

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They might process a few refunds every once in a while, but It Is Going to finally end in a find out horrible way.   Whenever an opportunity too good to be true arises, do not make any decision, whatever the kind of convincing narration these fraudsters come up with. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network offering double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these individuals are really smart at luring innocent users and ultimately scamming them.For example, have a look at this site that I found on shadowy net.

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

So how can anyone mine unknown BitcoinsThat is the reason any site which claims to find some defect 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 will just do that quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limit set by its founder.

Every transaction made will be validated by some 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 evidence to entice more investorsThey might have made some genuine transactions to entice additional 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 site and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be followed for example cash. So before doing any investment, do the following checks consistently: Assess their credentials.

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They might be my blog fooled by the initial high returns.Especially be careful of specifications that require you to introduce new members into the scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.