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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 a amount of gains in the near future.   We checked FCA and FTC to find out, if that firm is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

Moreover, this firm also Won't share any license particulars on their website.   They're operating from the shadows intentionally. The only contact information they feature is an email address.

This platform 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 that, they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they say, even though it had been true, then why would they let 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 better probability of success.

They offer 4 types of investment plans.   Gains 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 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 trace their traffic resources. For additional information about this site, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This company operates in this type of unethical way that they are almost unidentifiable.   Moreover, considering the potential risks and the apparent fake return asserts, we strongly urge everyone to steer clear of them.

This stage showcase couple testimonials.   All the comments are extremely flattering.   The alleged ancient users talk about, how this software helped them earn a good deal of money.

But Do not get carried off by these fake comments from bogus consumer profiles.   In the event, if you were wondering there isnt any way to track down those consumers.

Bitcoin Multiply Times site here is probably a ponzi scheme.   They might procedure some withdrawals every once in a while, but It Is Going to finally end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not impulsively make any decision, regardless of the kind of convincing narration these fraudsters produce. .

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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 several bad efforts, I learnt that these individuals are very smart at luring innocent customers and ultimately scamming them.For example, take a look at this website that I found on dark web.

There is no way these guys are generating that amount of Bitcoins from nowhere.You may ask me, how can you be sure that those content are just scams Since, 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 merged 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 just logic.If anyone can multiply their single Bitcoin 2x or even 100x, they'll just do that quietly. They can just take their one coin and multiply it until they attain the 21 million Bitcoin limit determined by its founder.

Each transaction made will be confirmed by a few nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be easily identified their explanation 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 all those frauds are lost forever and cannot be followed for example cash. So before doing any investment, do the following checks always: Check their credentials.

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

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