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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 firm is regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

Moreover, this firm also refuses to discuss any license particulars 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 have found some kind of bug in the blockchain.   Apparently, that defect 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 are talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they state, even if it was true, then why can they tell it to the public instead of making money for themselves

Earning gains without getting exposed to danger is impossible.   However, 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% every day is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets 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 resources. For additional information about this site, visit 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 dangers and the apparent fake return asserts, we strongly urge everyone to steer clear of them.

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

But Do not get carried off by those fake comments from bogus user profiles.   In the event, if you're wondering there isnt any way to track down those her comment is here users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May process a few refunds every once in a while, but it will ultimately end in a dreadful way.   Whenever an opportunity too good to be accurate 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 carefully watching the bitcoin scam sites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these people are really smart at luring innocent customers and ultimately scamming them.For instance, take 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 may ask me, how can you be so sure that those are just scams Because, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, every transaction made is validated by at least two nodes and then coded into block-chains.

So how can anyone mine unknown BitcoinsThat is why 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 100x, they'll only do this quietly. They can simply take their one coin and multiply it until they attain the 21 million Bitcoin limitation determined by its founder.

Every transaction made will be validated by a few nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be easily 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 get out of it, before he loses everything. One day there and next day gone. This stands for both the fraudulent website and the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced for example money. So before doing any investment, do the following checks consistently: Check their credentials.

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