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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 this company is controlled. Unfortunately, we did not find any details about them, which is a massive concern. .

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

This stage States that, They've 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 all those of you, who know how cryptocurrencies work.   They are trying to manipulate the newbie investors into thinking that, they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain since they state, even if it was accurate, then why would they tell it to the public instead of making money for themselves

Earning profits without getting exposed to danger is hopeless.   On the other hand, the only thing that you can do is to diversify them that you have greater likelihood of success.

They offer 4 types of investment plans.   Profits of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but that 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 additional information about this site, visit 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.   Also, considering the potential dangers and the obvious website here fake return claims, we strongly advise everyone to stay away from them.

This stage showcase few 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 those bogus comments from bogus user profiles.   In case, if you were wondering that there isnt any way to track down those consumers.

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 ultimately end in a horrible way.   Whenever an opportunity too good to be true arises, do not impulsively 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 sites on TOR network offering double or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these individuals are really smart at luring innocent customers and ultimately scamming them.For example, have a look at this website that I found on shadowy web.

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 just scams Because, the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, each transaction made is supported by at least two nodes and then coded into block-chains.

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So 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 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 confirmed 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 consistently wins.Transaction evidence 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 website and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced for example cash. 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 careful of specifications that require you to introduce new members to this scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.

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