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Bitcoin Multiply Times represents an ICO.   They raise money demanded 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 that company is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

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

This platform States that, They've 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 absurd for those of you, who know how cryptocurrencies work.   They are trying to manipulate the newbie investors into thinking they know what they are talking about.

Unfortunately, many individuals made the mistake of trusting them and dropped their funds.   There isnt any flaws in the blockchain since they state, even if it had been true, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to danger is impossible.   However, the only thing that you can do is to diversify them that you have greater 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 gets the most 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 trace their traffic resources. For additional information relating to this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way That They're almost unidentifiable.   Also, considering the potential risks and the obvious 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 ancient users speak about, the way this program helped them earn a good deal of money.

But Do not get carried away by these fake comments from bogus user profiles.   In case, if you were wondering there isnt any way to track down those users.

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

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Recently, I have been carefully 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 ultimately scamming them.For instance, have a look at this website that I found on dark net.

There's no way these guys are generating this amount of Bitcoins from nowhere.You can inquire, how can you be so sure that those are just scams Because, 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 merged into block-chains.

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So how can anyone mine unknown BitcoinsThat is the reason any site which 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 even 100x, they'll just do that quietly. They can simply take their one coin and multiply it until they attain the 21 million Bitcoin limitation set by its founder.

Every transaction made will be validated see page by some 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 may 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 traced like cash. Before doing any investment, do the following checks consistently: Check their credentials.

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They may be fooled by the initial high returns.Especially be cautious of specifications that require you to introduce new members into the scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging your regional 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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