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Bitcoin Multiply Times represents an ICO.   They raise money required for their operations in the investors.   In return, the investors are entitled to a amount of profits in the near future.   We assessed FCA and FTC to find out, if this firm is controlled. Unfortunately, we did not find any information about them, which is a massive concern. .

Moreover, this firm also refuses to discuss any license particulars on their website.   They are operating from the shadows intentionally. The only contact details they feature 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 scrape 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're trying to manipulate the newbie investors into thinking that, they know what they are talking about.

Unfortunately, many individuals made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain since they state, 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.   On the other hand, the only thing you can do is to diversify them so that you have greater probability of success.

They offer 4 Kinds of investment plans.   Profits of 1000% every day is certainly every investors fantasy, 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 follow their traffic sources. For more details relating to this site, 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 are almost unidentifiable.   Also, considering the potential risks and the apparent 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 talk about, the way this program helped them earn a lot of money.

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

Bitcoin Multiply Times is probably a ponzi scheme.   They might 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 impulsively make any decision, regardless of the kind of convincing narration these fraudsters come up with. .

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Recently, I have been closely watching the bitcoin helpful site scam websites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these individuals are very smart at luring innocent users and finally scamming them.For example, have a look at this website that I found on shadowy web.

There is no way these men are generating this amount of Bitcoins from nowhere.You may inquire, how can you be so sure that those are scams Because, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is validated by at least 2 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 code is just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or 100x, they will only do this quietly. They can just take their one coin and multiply it till they attain the 21 million Bitcoin limitation set by its founder.

Each transaction made will be validated by a few nodes and only the valid 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 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 the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be traced like cash. So before doing any investment, do the following checks consistently: Check 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 See: Hacking Bitcoins The way its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries visit and traditional valuing of currency.