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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations from the investors.   In return, the investors are entitled to a 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 information about them, which is a huge concern. .

Furthermore, 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 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 men to scratch themselves a profit each 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 are talking about.

Unfortunately, many individuals made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain since they say, even though it was accurate, then why would they tell 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 so that you have greater 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 most 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 follow their traffic resources. For more details about this website, visit 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.   Also, considering the potential dangers and the apparent fake return claims, we strongly urge everyone to steer clear of them.

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

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

Bitcoin Multiply Times is probably a ponzi scheme.   They May process some withdrawals every once in a while, but it will finally end in a dreadful way.   Whenever an opportunity too good to be accurate 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 websites on TOR network that offer double or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these people are very smart at luring innocent users and finally scamming review them.For instance, take a look at this website that I found on shadowy net.

There's no way these guys are generating that amount of Bitcoins from nowhere.You can ask me, how can you be so sure that those are just scams Because, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, each transaction made is supported by at least 2 nodes and then coded into block-chains.

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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 even 100x, they'll just do this quietly. They can just take their one coin and multiply it until they attain the 21 million Bitcoin limitation determined by its founder.

Each transaction made will be validated 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 proofs to entice additional investorsThey may have made some genuine transactions to entice more 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 lost to all those frauds are lost forever and cannot be traced like cash. So before doing any investment, do the following checks always: Check their credentials.

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They might be fooled by the initial high returns.Especially be cautious of specifications that need you to introduce new members to the scheme.Also See: Hacking Bitcoins How its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries and traditional valuing of currency.

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