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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 profits in the near future.   We assessed FCA and FTC to find out, if that company is controlled. Unfortunately, we did not find any information about them, which is a huge concern. .

Moreover, this firm also refuses to share any license details on their website.   They're operating from the shadows intentionally. The only contact information 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 scrape themselves a profit each 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 people made the mistake of trusting them and lost 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 risk is hopeless.   On the other hand, the only thing that you can do is to diversify them so that you have greater probability of success.

They offer 4 types of investment plans.   Gains of 1000% daily 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 profits are achievable.

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

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Majority of the investment solution uphold transparency.   This firm operates in such a shady way That They're almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return asserts, we strongly advise 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 helped them earn a lot of money.

However, do not get carried off by those fake comments from bogus consumer profiles.   In the event, if you're wondering that there isnt any way to track down those consumers.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure some withdrawals every once in a while, but it will ultimately end in a dreadful way.   Whenever an opportunity too good to be true arises, do not make any decision, whatever the kind of convincing narration that 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 efforts, I learnt that these people are really smart at luring innocent users and ultimately scamming them.For example, take a look at this site that I found on shadowy net.

There is no way these men are generating this amount of Bitcoins from nowhere.You may ask me, how can you be sure that those are just scams Since, the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is supported by at least 2 informative post nodes and then merged into block-chains.

Just how can anyone mine unknown BitcoinsThat is why any site which claims to find some defect in the Bitcoin code i thought about this is just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will only do this quietly. They can simply take their one coin and multiply it until they attain the 21 million Bitcoin limitation determined by its founder.

Every transaction made will be validated 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 might 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 site and all the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be traced for example money. Before doing any investment, do the following like this checks always: Assess their credentials.

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