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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 that company is regulated. Unfortunately, we did not find any details about them, which is a massive concern. .

Moreover, this firm also Won't share any license details on their website.   They're operating from the shadows intentionally. The only contact details they feature 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 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 dropped their funds.   There isnt any flaws in the blockchain as they state, even though it was accurate, then why can they tell it to the public instead of making money for themselves

Earning gains without getting exposed to risk is impossible.   On the other hand, the only thing you can do is to diversify them so that you have better likelihood 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 has the maximum amount of volatility, but it does not means these kind of gains are achievable.

The registrant contact details are untraceable.   Though, this site has been around for more than a year, there isnt enough information to trace their traffic sources. For additional information about this website, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This company 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 couple testimonials.   All of the comments are extremely flattering.   The alleged early users speak about, the way this software helped them earn a lot of money.

But Do not get carried off by those fake comments from bogus consumer profiles.   In case, if you're wondering there isnt any way to track down those consumers.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May 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 true arises, do not 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 sites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having several bad attempts, 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 web.

There's no way these guys are generating this amount of Bitcoins from nowhere.You may inquire, how can you be sure that those are scams Since, the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is validated by at least 2 nodes and then coded into block-chains.

Just how can anyone mine unknown BitcoinsThat is why any website which 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 visit this website just do this quietly. They can simply take their one coin and multiply it till they attain the 21 million Bitcoin limit set by its founder.

Each transaction made will be validated 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 consistently wins.Transaction proofs to entice more investorsThey may have made some genuine transactions to entice more 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 website and the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced like money. Before doing any investment, do the following checks always: Assess their credentials.

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They might be tricked 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 your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends borders and traditional valuing of currency.