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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 gains in the near future.   We assessed FCA and FTC to find out, if this firm is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

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

This platform says that, they have found some kind of bug in the blockchain.   Apparently, that defect 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 all those of you, who know how cryptocurrencies work.   They are trying to manipulate the newbie investors into thinking that, they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain since they say, even if 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.   However, the only thing that you can do is to diversify them 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 gets 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 trace their traffic resources. For more details about this website, visit 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.   Moreover, considering the potential dangers and the apparent fake return claims, we strongly urge everyone to steer clear of them.

This platform showcase couple testimonials.   All the comments are extremely flattering.   The alleged ancient users speak about, how this program important site helped them earn a lot of money.

But Do not get carried off by those bogus comments from bogus user profiles.   In the event, if you're 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 ultimately end in a horrible way.   Whenever an opportunity too good to be true arises, do not make any decision, regardless of the kind of convincing narration that these fraudsters produce. .

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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 attempts, I learnt that these individuals are very smart at luring innocent customers and ultimately scamming them.For example, take a look at this website that I found on dark net.

There is no way these men are generating that amount of Bitcoins from nowhere.You may ask me, how can you be so sure that those are just scams Since, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is supported by at least 2 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 defect in the Bitcoin code see here is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll only do that quietly. They can simply take their one coin and multiply it until they attain the 21 million Bitcoin limit determined by its founder.

Every 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 easily identified by checking the different block-chains. The longest block-chain always wins.Transaction evidence to entice additional investorsThey may have made some genuine transactions to entice additional 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 dropped to those frauds are lost forever and cannot be traced for example money. Before doing any investment, do the following checks consistently: Assess their credentials.

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They may be fooled by the initial high returns.Especially be careful of specifications that require you to introduce new official website members into this scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries and traditional valuing of currency.

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