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

Furthermore, This firm also Won't share any license particulars on their website.   They're operating from the shadows intentionally. The only contact information that 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 are trying to manipulate the newbie investors into thinking they know what they are talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain since they state, even though it had been accurate, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk 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 fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the most amount of volatility, but that 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 data to follow their traffic sources. For additional information relating to this website, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This company operates in such a shady way that they are almost unidentifiable.   Moreover, considering the potential risks and the obvious fake return asserts, we strongly advise everyone to stay away from them.

This stage showcase few testimonials.   All the comments are extremely flattering.   The alleged early users speak about, the way this software helped them earn a good deal of money.

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

Bitcoin Multiply Times is probably a ponzi scheme.   They might process a few refunds every once in a while, but It Is Going to finally 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 that these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network offering double or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these individuals are very smart at luring innocent users and ultimately scamming them.For instance, have a look at this site that I found on shadowy net.

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

Just how can anyone mine unknown BitcoinsThat is the reason any site that claims to find some flaw in the Bitcoin code is merely 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 simply take their one coin and multiply it till they reach the 21 million Bitcoin limit determined 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 easily identified by checking the different block-chains. The longest block-chain always wins.Transaction evidence to entice additional 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 site and all the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be followed for example money. So before doing any investment, do the following checks always: 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.