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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations in the investors.   In return, the investors are entitled to some amount of gains in the near future.   We assessed FCA and FTC to find out, if that company is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

Furthermore, This firm also refuses to share any license particulars on their website.   They're operating in the shadows intentionally. The only contact information they comprise is an email address.

This stage States that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scratch 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'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 state, even if it had been true, then why can they let 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 that you can do is to diversify them that you have greater likelihood of success.

They offer 4 types of investment plans.   Gains of 1000% daily is certainly every investors dream, 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 website has been around for more than a year, there isnt enough information to trace their traffic sources. For additional information about this site, see 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're almost unidentifiable.   Also, considering the potential dangers and the obvious fake return claims, we strongly advise everyone to steer clear of them.

This stage showcase few testimonials.   All of the comments are extremely flattering.   The alleged early users talk about, the way this software 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 were wondering that there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They might process some withdrawals every once in a while, but it will ultimately end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not make any decision, whatever the kind of convincing narration these fraudsters produce. .

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Recently, I have been carefully watching the bitcoin scam websites on TOR network offering double or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these individuals are very smart at luring innocent users and ultimately scamming them.For instance, have a look at this website that I found on shadowy net.

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

Just here how can anyone mine unknown BitcoinsThat is why any site that claims to find some flaw 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.

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 proofs 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 website and all the invested Bitcoins.Sadly any Coins lost to 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 might be fooled by the initial high returns.Especially be cautious of specifications that need you to introduce new members to this scheme.Also See: Hacking Bitcoins The way its done1. Exchanging your regional currency for bitcoinsBitcoins go to website are on a rising trend gaining recognition and traction since online money that transcends borders and traditional valuing of currency.