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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 gains 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're operating in the shadows intentionally. The only contact information they comprise is an email address.

This stage States that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men 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 are trying to manipulate the newbie investors into thinking they know what they're talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain since they say, even though it was accurate, then why would they tell it to the public instead of making money for themselves

Earning profits without getting exposed to risk is impossible.   However, the only thing that you can do is to diversify them so that you have better likelihood of success.

They offer 4 Kinds of investment plans.   Profits of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has 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 sources. For additional information about this site, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way that they are almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return asserts, 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 program helped them earn a lot of money.

However, do not get carried away by these bogus comments from bogus user profiles.   In case, if you're wondering that there isnt any way to track down those users.

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

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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 many bad efforts, I learnt that these individuals are really smart at luring innocent customers and finally scamming them.For example, Home Page have a look at this website that I found on shadowy web.

There's 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, every transaction made is supported by at least two nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is the reason any website which claims to find some flaw in the Bitcoin great site code is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will just do this quietly. They can simply take their one coin and multiply it until they reach the 21 million Bitcoin limitation set 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 consistently wins.Transaction proofs to entice additional investorsThey may have made some genuine transactions to entice more investors.

If possible ask your friend to escape it, read this post here before he loses everything. One day there and next day gone. This stands for both the fraudulent website and the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be followed like money. Before doing any investment, do the following checks always: Assess their credentials.

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They may be tricked by the initial high returns.Especially be cautious of specifications that need you to introduce new members into the scheme.Also See: Hacking Bitcoins How its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries and traditional valuing of currency.