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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 checked FCA and FTC to find out, if this firm is controlled. Unfortunately, we did not find any details about them, which is a huge concern. .

Furthermore, This firm also Won't share any license details on their website.   They are 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 flaw has enabled these men to scrape themselves a profit each 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 people made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain as they say, even if it had been true, then why can they tell it to the public instead of making money for themselves

Earning gains without getting exposed to danger is impossible.   On the other hand, the only thing you can do is to diversify them that you have greater probability of success.

They offer 4 Kinds 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 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 additional information about this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way That They're almost unidentifiable.   Moreover, considering the potential dangers and the obvious fake return asserts, we strongly urge everyone to steer clear of them.

This platform showcase couple testimonials.   All of the comments are extremely flattering.   The alleged early users talk about, how this software helped them earn a lot of money.

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

Bitcoin Multiply Times is probably a ponzi scheme.   They might process a few refunds 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, regardless of the kind of convincing narration that these fraudsters come up with. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network that offer dual or 100x bitcoins recommended you read towards your initial investment and after having many bad attempts, I learnt that these people are really smart at luring innocent customers and ultimately scamming them.For example, have a look at this website that I found on dark net.

There is no way these guys are generating this amount of Bitcoins from nowhere.You can ask me, how can you be sure that those are scams Since, the answer can be found 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 why any site 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 that quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limitation determined by its founder.

Every transaction made will be confirmed 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 evidence to entice additional investorsThey might 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 site and the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced like money. 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 cautious of specifications that need you to introduce new members into the 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 borders and traditional valuing of currency.