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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 gains in the near future.   We checked 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 share any license particulars on their website.   They are operating in the shadows intentionally. The only contact information they comprise is an email address.

This stage States that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men 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're 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 as they say, even if it had been true, then why would they tell it to the public instead of making money for themselves

Earning profits without getting exposed to danger is impossible.   On the other hand, the only thing that you can do is to diversify them that you have greater probability 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 gets the most amount of volatility, but it does not means these kind of profits 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 relating to this site, see Scamadviser.com.

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

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

However, do not get carried off by these fake comments from bogus consumer profiles.   In case, if you were wondering that 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 ultimately end in a horrible way.   Whenever an opportunity too good to be true arises, do not make any decision, regardless of the kind of convincing narration that these fraudsters come up with. .

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

There is no way these guys are generating this amount of Bitcoins from nowhere.You can inquire, how can you be sure that those are 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 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 defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is merely 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.

Every transaction made will be confirmed by a few 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 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 site and all the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be traced for example cash. 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 need you to introduce new members into 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 as online money that transcends borders and traditional valuing of currency.

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