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Bitcoin Multiply Times represents an ICO.   They raise money required for their operations in the investors.   In return, the investors are entitled to a amount of profits in the near future.   We checked FCA and FTC to find out, if this company is controlled. Unfortunately, we did not find any details 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 that they feature is an email address.

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that defect 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 those of you, who know how cryptocurrencies work.   They are 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 flaws in the blockchain as they say, even if it was true, then why would they tell it to the public instead of making money for themselves

Earning gains without getting exposed to danger is hopeless.   On the other hand, 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.   Gains of 1000% every day is certainly every investors dream, 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 website has been around for more than a year, there isnt enough information to follow their traffic sources. For more details about this site, see Scamadviser.com.

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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 urge everyone to stay away from them.

This stage showcase couple 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 away by these bogus comments from bogus consumer profiles.   In case, if you're wondering 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 ultimately end in a dreadful go to this web-site way.   Whenever an opportunity too good to be accurate arises, do not impulsively 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 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 really smart at luring innocent customers and ultimately scamming them.For example, have a look at this website that I found on dark 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 scams Since, the answer can be found in the open-source Bitcoin code!According to 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 the reason any site which claims to find some defect in the Bitcoin code is merely 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 till 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 evidence 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 site and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced for example cash. So before doing any investment, do the following checks always: Assess their credentials.

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They might be fooled by the initial high returns.Especially be cautious of specifications that need you to introduce new members to the scheme.Also See: 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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