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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 profits in the near future.   We assessed FCA and FTC to find out, if that 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 details on their website.   They are operating from the shadows intentionally. The only contact details they feature is an email address.

This platform says 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're trying to manipulate the newbie investors into thinking 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 as they state, even if it had been accurate, then why can they let it to the public instead of making money for themselves

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

They offer 4 types of investment plans.   Gains of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the maximum 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 data to follow their traffic sources. For more details about this site, visit Scamadviser.com.

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Vast 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 risks and the apparent fake return claims, we strongly urge everyone to stay away from them.

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

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

Bitcoin Multiply Times is probably a ponzi scheme.   They might procedure a few refunds every once in a while, but It Is Going to finally end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not make any decision, whatever the kind of convincing narration that these fraudsters come up with. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these people are really smart at luring innocent customers and finally scamming them.For example, have a look at this website 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 scams Since, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is supported by at least 2 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 merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will only do that quietly. They can simply take their one coin and multiply it till they attain the 21 million Bitcoin limit determined by its founder.

Every transaction made will be validated by some nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be readily identified by checking the different block-chains. The longest block-chain always wins.Transaction evidence to entice additional investorsThey might have made some genuine transactions to entice additional investors.

If possible ask your friend to get out of it, before he loses everything. One day my blog 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 like money. So before doing any investment, do the following checks always: Assess their credentials.

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They may be tricked by the initial high returns.Especially be cautious of specifications that need you to introduce new members into this scheme.Also Watch: Hacking a knockout post Bitcoins How its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction read the article as online money that transcends boundaries and traditional valuing of currency.

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