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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 this company is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

Moreover, this firm also refuses to share any license particulars on their website.   They are operating from the shadows intentionally. The only contact details they feature is an email address.

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scratch themselves a profit every time a transaction occurs.

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This narration will be absolutely ridiculous for all 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 since they state, even if it was true, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is impossible.   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 fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the most 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 data to follow their traffic resources. For more details relating to this website, 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're almost unidentifiable.   Moreover, considering the potential risks and the apparent fake return claims, we strongly advise everyone to steer clear of them.

This platform showcase few testimonials.   All the comments are extremely flattering.   The alleged ancient users speak about, the way this program helped them earn a good deal of pop over to this web-site money.

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure a few refunds every once in a while, but it will finally end in a horrible way.   Whenever an opportunity too good to be true arises, do not impulsively make any decision, whatever the kind of convincing narration that these fraudsters produce. .

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Recently, I have been closely watching 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 really smart at luring innocent users and finally scamming them.For instance, take a look at this website that I found on dark net.

There is no way these guys are generating that amount of Bitcoins from nowhere.You may ask me, how can you be so sure that those are scams Since, the answer can be found in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is supported by at least two nodes and then merged into block-chains.

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Just how can anyone mine unknown BitcoinsThat is the reason any site 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 100x, they will just do that quietly. They can just take their one coin and multiply it till they reach the 21 million Bitcoin limit set by its founder.

Every transaction made will be confirmed by some 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 evidence to entice more investorsThey might have made some genuine transactions to entice additional 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 those frauds are lost forever and cannot be traced like cash. Before doing any investment, do the following checks consistently: Assess their credentials.

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They may be tricked by the initial high returns.Especially be careful of specifications that require 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 borders and traditional valuing of currency.

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