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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 information about them, which is a huge concern. .

Moreover, this firm also refuses to discuss any license particulars on their website.   They're operating from the shadows intentionally. The only contact information that they comprise is an email address.

This stage says that, They've 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 those of you, who know how cryptocurrencies work.   They are trying to manipulate the newbie investors into thinking that, they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they state, even if it was true, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is hopeless.   However, 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% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets the most amount of volatility, but it 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 relating to this site, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in this type of unethical way that they are almost unidentifiable.   Moreover, considering the potential dangers and the apparent fake return claims, we strongly urge everyone to stay away from them.

This stage showcase few testimonials.   All the comments are extremely flattering.   The alleged ancient users talk about, how this program helped them earn a lot of money.

But Do not get carried off by those fake comments from bogus consumer profiles.   In the event, if you were wondering there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They might procedure some withdrawals every once in a while, but it will finally end in a horrible 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 produce. .

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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 individuals are really smart at luring innocent users and ultimately scamming them.For example, take a look at this website that I found on shadowy web.

There is no way these guys are generating this amount of Bitcoins from nowhere.You may inquire, how can you be sure that those are just scams Because, the answer can be found in the open-source Bitcoin code!According to the Bitcoin code, every transaction made is supported by at least two nodes and then merged into look at these guys block-chains.

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So how can anyone mine unknown BitcoinsThat is why any site which claims to find some flaw 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 only do that quietly. They can simply 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 some nodes and only the valid 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 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 website and the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and click over here now cannot be traced for check this site out example money. So before doing any investment, do the following checks consistently: Assess their credentials.

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They may be tricked by the initial high returns.Especially be careful of specifications that need you to introduce new members into this 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 borders and traditional valuing of currency.

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