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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 profits in the near future.   We checked FCA and FTC to find out, if this firm is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

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

This stage 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 absurd for 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 as they say, even though it was true, then why can they tell it to the public instead of making money for themselves

Earning profits without getting exposed to danger 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% daily 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 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 trace their traffic sources. For more details relating to 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 risks and the obvious fake return claims, we strongly urge everyone to stay away from 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 good deal 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 consumers.

Bitcoin Multiply Times is probably a ponzi scheme.   They might process some withdrawals every once in a while, but It Is Going to 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 navigate to this site narration that 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 many bad efforts, I learnt that these people are really smart at luring innocent customers and ultimately scamming them.For instance, have a look at this site 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 just scams Because, the answer can be found 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.

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

Each transaction made will be confirmed by a few nodes and only the legitimate 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 Continued proofs 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 dropped to those frauds are lost forever and cannot be followed like money. So before doing any investment, do the following checks consistently: Assess 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 into this scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries and traditional valuing of currency.